Atul Ltd 2019-20

165 Consolidated Statement of Profit and Loss for the year ended March 31, 2020 ( ` cr ) Particulars Note 2019-20 2018-19 INCOME Revenue from operations 22 4,093.06 4,037.81 Other income 23 78.04 34.86 Total income 4,171.10 4,072.67 EXPENSES Cost of materials consumed 24 1,814.41 2,112.55 Purchases of stock-in-trade 150.34 100.62 Changes in inventories of finished goods, work-in-progress and stock-in-trade 25 5.28 (107.09) Employee benefit expenses 26 300.90 259.84 Finance costs 27 9.40 7.41 Depreciation and amortisation expenses 2, 4 130.21 118.91 Other expenses 28 920.12 905.11 Total expenses 3,330.66 3,397.35 Profit before share of net profit of investments accounted for using equity method and tax 840.44 675.32 Share of net profit of joint venture company accounted for using the equity method 4.98 5.02 Profit before tax 845.42 680.34 Tax expense Current tax 29.5 212.90 243.62 Deferred tax 29.5 (38.39) 0.70 Total tax expense 174.51 244.32 Profit for the year 670.91 436.02 Other comprehensive income a) Items that will not be reclassified to profit | loss i) Change in fair value of equity instruments through other comprehensive income (FVOCI) (60.23) 73.83 ii) Remeasurement gain | (loss) on defined benefit plans (2.09) (0.17) iii) Income tax related to items above (3.71) (10.92) iv) Share of other comprehensive income of joint venture company accounted for using the equity method (net of tax) b) Items that will be reclassified to profit | loss i) Effective portion of gain | (loss) on cash flow hedges (1.62) 1.22 ii) Exchange differences on translation of foreign operations 7.42 (3.11) ii) Income tax related to item no i) above (2.99) (0.43) Other comprehensive income, net of tax (63.22) 60.42 Total comprehensive income for the year 607.69 496.44 Profit is attributable to: Owners of the Company 666.46 432.23 Non-controlling interests 4.45 3.79 670.91 436.02 Other comprehensive income is attributable to: Owners of the Company (63.22) 60.42 Non-controlling interests - - (63.22) 60.42 Total comprehensive income is attributable to: Owners of the Company 603.24 492.65 Non-controlling interests 4.45 3.79 607.69 496.44 Earnings per equity share attributable to owners of the Company Number of shares 29,661,733 29,661,733 Basic and diluted earnings ` per equity share of ` 10 each 29.11 224.69 145.72 The accompanying Notes 1-29 form an integral part of the Consolidated Financial Statements In terms of our report attached For Deloitte Haskins & Sells LLP For and on behalf of the Board of Directors Chartered Accountants Samir R. Shah T R Gopi Kannan S S Lalbhai Partner Whole-time Director and CFO Chairman and Managing Director L P Patni Company Secretary B N Mohanan Mumbai Whole-time Director Atul April 28, 2020 and President - U&S April 28, 2020 Consolidated | Balance Sheet | Statement of Profit and Loss