199 In terms of our report attached For Deloitte Haskins & Sells LLP For and on behalf of the Board of Directors Chartered Accountants T R Gopi Kannan R A Shah M M Chitale S S Lalbhai Ketan Vora (DIN:00048645) (DIN:00009851) (DIN:00101004) (DIN:00045590) Partner Whole-time Director and CFO Chairman and Managing Director L P Patni B S Mehta S A Panse S A Lalbhai Company Secretary (DIN:00035019) (DIN:02599310) (DIN:00009278) Managing Director B N Mohanan S M Datta B R Arora (DIN:00198716) (DIN:00032812) (DIN:00194168) Whole-time Director and President - U&S V S Rangan P J Banerjee Mumbai (DIN:00030248) (DIN02985965) Mumbai April 28, 2023 Directors April 28, 2023 Consolidated Statement of Profit and Loss for the year ended on March 31, 2023 (` cr) Particulars Note 2022-23 2021-22 INCOME Revenue from operations 22 5,427.52 5,080.89 Other income 23 114.87 76.00 Total income 5,542.39 5,156.89 EXPENSES Cost of materials consumed 24 2,604.17 2,600.05 Purchases of stock-in-trade 224.46 195.91 Changes in inventories of finished goods, work-in-progress and stock-in-trade 25 35.35 (207.33) Employee benefit expenses 26 370.19 342.54 Finance costs 27 7.90 9.17 Depreciation and amortisation expenses 28 197.81 176.69 Other expenses 29 1,418.50 1,238.28 Total expenses 4,858.38 4,355.31 Profit before share of net profit of investments accounted for using equity method and tax 684.01 801.58 Share of net profit of joint venture company accounted for using the equity method 3.83 8.16 Profit before tax 687.84 809.74 Tax expense Current tax 30.5 179.16 213.51 Deferred tax 30.5 2.05 (8.51) Total tax expense 181.21 205.00 Profit for the year 506.63 604.74 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 (FVTOCI) (109.98) 65.29 ii) Remeasurement gain | (loss) on defined benefit plans 4.26 (7.26) iii) Income tax related to items above 10.79 (0.82) b) Items that will be reclassified to profit | loss i) Effective portion of gain | (loss) on cash flow hedges (0.54) 0.50 ii) Exchange differences on translation of foreign operations 6.94 0.51 iii) Income tax related to items above (0.04) (0.17) Other comprehensive income, net of tax (88.57) 58.05 Total comprehensive income for the year 418.06 662.79 Profit is attributable to: Owners of the Company 514.09 604.26 Non-controlling interests (7.46) 0.48 506.63 604.74 Other comprehensive income is attributable to: Owners of the Company (88.58) 58.05 Non-controlling interests 0.01 - (88.57) 58.05 Total comprehensive income is attributable to: Owners of the Company 425.51 662.31 Non-controlling interests (7.45) 0.48 418.06 662.79 Earnings per equity share of ` 10 each attributable to owners of the Company Basic earnings (`) 30.11 174.15 204.23 Diluted earnings (`) 30.11 174.15 204.23 The accompanying Notes 1-30 form an integral part of the Consolidated Financial Statements.
RkJQdWJsaXNoZXIy MjA2MDI2