Atul Ltd 2017-18

99 Statement of Profit and Loss for the year ended March 31, 2018 ( ` cr) In terms of our report attached For Deloitte Haskins & Sells LLP Chartered Accountants 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 April 27, 2018 Samir R. Shah Partner Mumbai April 27, 2018 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S Particulars Note 2017-18 2016-17 Income Revenue from operations 20 3,147.56 2,848.27 Other income 21 38.46 42.46 Total income 3,186.02 2,890.73 Expenses Cost of materials consumed 22 1,653.33 1,324.51 Purchase of stock-in-trade 8.09 18.04 Changes in inventories of finished goods, work-in-progress and stock-in-trade 23 31.76 17.88 Excise duty 40.07 153.74 Employee benefit expenses 24 181.34 173.23 Finance costs 25 8.90 21.02 Depreciation and amortisation expenses 2, 4 104.78 91.12 Other expenses 26 760.50 690.67 Total expenses 2,788.77 2,490.21 Profit before tax 397.25 400.52 Tax expense Current tax 27.5 102.21 79.73 Deferred tax 27.5 24.63 35.49 Total tax expense 126.84 115.22 Profit for the year 270.41 285.30 Other Comprehensive Income a) Items that will not be reclassified to profit | loss i) Fair value of equity instruments through Other Comprehensive Income (FVOCI) 37.32 77.34 ii) Remeasurement gain | (loss) on defined benefit plans 2.73 2.48 iii) Income tax related to item no (ii) above (0.95) (0.86) b) Items that will be reclassified to profit | loss i) Effective portion of gain | (loss) on cash flow hedges 0.05 (0.72) ii) Income tax related to item no (i) above (0.02) 0.25 Other Comprehensive Income, net of tax 39.13 78.49 Total Comprehensive Income for the year 309.54 363.79 Earnings per equity share Basic and diluted earnings ` per equity share of ` 10 each 27.11 91.16 96.18 The accompanying Notes 1-27 form an integral part of the Financial Statements