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As per our attached report of even date
For and on behalf of the Board of Directors
For Dalal & Shah
Firm Registration Number: 102020W
Sunil S Lalbhai
Chartered Accountants
Chairman and Managing Director
G S Patel
S S Baijal
B S Mehta
Anish P Amin
S M Datta
Partner
V S Rangan
Samveg A Lalbhai
Membership Number: 40451
T R Gopi Kannan
R A Shah
Managing Director
Mumbai
President, Finance and
S Nammalvar
Mumbai
May 02, 2014
Company Secretary
Directors
May 02, 2014
Statement of Profit and Loss
for the year ended March 31, 2014
{
`
in crore (cr) }
Particulars
Note
2013-14
2012-13
REVENUE
Revenue from operations (gross)
20
2,516.05
2,123.27
Less: Excise duty
150.60
121.79
Revenue from operations (net)
2,365.45
2,001.48
2,365.45
2,001.48
Other income
21
39.62
20.46
2,405.07
2,021.94
EXPENSES
Cost of materials consumed
22
1,324.60
1,127.05
Purchase of stock-in-trade
23.69
16.36
Changes in inventories of finished goods,
work-in-progress and stock-in-trade
23
(66.47)
(0.06)
Employee benefit expenses
24
139.79
127.60
Finance costs
25
31.43
31.62
Depreciation and amortisation expenses
11
54.23
49.06
Other expenses
26
600.71
483.27
2,107.98
1,834.90
Profit before exceptional items and tax
297.09
187.04
Exceptional items
Reversal of previous year finance costs
-
5.38
-
5.38
Profit before tax
297.09
192.42
Tax expense
Current tax
76.12
52.05
Deferred tax
8.23
4.85
Less: Tax adjustments (Previous year:
`
20,214)
(0.05)
-
84.30
56.90
Profit for the year
212.79
135.52
Basic and diluted earning
`
per Equity Share
27.7
71.74
45.69
Significant Accounting Policies
1
Notes form an integral part of these Financial Statements