Atul Ltd 2016-17

157 Consolidated Statement of Profit and Loss for the year ended March 31, 2017 ( ` cr) Particulars Note 2016-17 2015-16 Income Revenue from operations 22 2,996.05 2,755.01 Other income 23 52.55 34.40 Total income 3,048.60 2,789.41 Expenses Cost of materials consumed 24 1,397.03 1,323.94 Purchase of stock-in-trade 27.40 23.45 Changes in inventories of finished goods, stock-in-trade and work-in-progress 25 11.05 (20.70) Excise duty 162.11 160.42 Employee benefit expenses 26 200.14 190.91 Finance costs 27 25.17 27.53 Depreciation and amortisation expenses 2, 4 95.44 66.07 Other expenses 28 688.87 617.76 Total expenses 2,607.21 2,389.38 Profit before exceptional items, share of net profit of investments accounted for using equity method and tax 441.39 400.03 Share of net profit of associate company and joint venture company accounted for using the equity method 4.67 4.46 Profit before tax 446.06 404.49 Tax expense Current tax 29.5 87.11 108.03 Deferred tax 29.5 35.60 22.19 Total tax expense 122.71 130.22 Profit for the year 323.35 274.27 Other Comprehensive Income a) Items that will not be reclassified to profit and loss i) Fair value of equity instruments through Other Comprehensive Income (FVOCI) 77.36 (38.37) ii) Remeasurement gain | (loss) on defined benefit plans 2.44 (2.98) iii) Income tax related to item no (ii) above (0.84) 1.06 iv) Share of Other Comprehensive Income of associate company and joint venture company accounted for using the equity method (net of tax) (0.02) – b) Items that will be reclassified to profit and loss i) Effective portion of gain | (loss) on cash flow hedges (0.73) (0.90) i) Income tax related to item no (i) above 0.25 0.31 iii) Exchange differences on translation of foreign operations 4.45 9.35 Other Comprehensive Income, net of tax 82.91 (31.53) Total Comprehensive income for the year 406.26 242.74 Profit is attributable to: Owners of the Company 322.97 274.18 Non-controlling interests 0.38 0.09 323.35 274.27 Other Comprehensive Income is attributable to: Owners of the Company 82.90 (31.53) Non-controlling interests 0.01 – 82.91 (31.53) Total Comprehensive Income is attributable to: Owners of the Company 405.87 242.65 Non-controlling interests 0.39 0.09 406.26 242.74 Earnings per Equity share attributable to owners of the Company No. of shares 29,661,733 29,661,733 Basic and diluted earning ` per Equity share of ` 10 each 29.11 109.01 92.47 The accompanying Notes from an integral part of the Consolidated Financial Statements As per our attached report of even date For Dalal & Shah Chartered Accountants LLP Firm Registration Number: 102020W | W-100040 R A Shah S S Baijal B S Mehta H S Shah S M Datta V S Rangan M M Chitale S A Panse B R Arora Directors For and on behalf of the Board of Directors S S Lalbhai Chairman and Managing Director S A Lalbhai Managing Director Mumbai May 05, 2017 S Venkatesh Partner Membership Number: 037942 Mumbai May 05, 2017 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S