131 / 172
129
Consolidated Statement of Pro t and Loss
for the year ended March 31, 2016
Particulars
Note
2015-16
2014-15
REVENUE
Revenue from operations (gross)
22
2,766.24
2,827.47
Less: Excise duty
164.80
171.08
Revenue from operations (net)
2,601.44
2,656.39
Other income
23
30.71
10.25
2,632.15
2,666.64
EXPENSES
Cost of materials consumed
1,328.80
1,404.63
Purchase of stock-in-trade
21.11
29.82
Changes in inventories of finished goods,
work-in-progress and stock-in-trade
24
(25.01)
10.96
Employee benefit expenses
25
184.66
163.29
Finance costs
26
27.57
25.69
Depreciation and amortisation expenses
12
65.79
60.27
Other expenses
27
628.33
646.40
2,231.25
2,341.06
Profit before tax
400.90
325.58
Tax expense
Current tax
109.09
85.36
Deferred tax
22.58
13.80
MAT credit entitlement
(0.07)
–
Tax adjustments
0.02
0.21
131.62
99.37
Profit after tax
269.28
226.21
Share of profit | (loss) in associate companies
0.17
0.06
Reversal of share of loss in associate company on sale
of investment
(0.07)
14.21
Minority interest
0.06
(0.17)
Profit for the year
269.32
240.65
No. of Shares
29,661,733
29,661,733
Basic and diluted earning
`
per Equity share of
`
10 each 28.6
90.80
81.13
Significant Accounting Policies
1
The accompanying Notes form an integral part of the Consolidated Financial Statements
(
`
cr)
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
April 29, 2016
S Venkatesh
Partner
Membership Number: 037942
Mumbai
April 29, 2016
T R Gopi Kannan
Whole-time Director and CFO
L P Patni
Company Secretary
B N Mohanan
Whole-time Director
and President - U&S