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149

(

`

cr)

Note 23 Other income

2015-16

2014-15

Dividend on long-term investments

2.79

1.97

Dividend on short-term investments

0.29

0.14

Interest from investment (Previous year:

`

4960)

0.11

Interest from others

2.77

0.48

Lease income

0.20

0.20

Provisions no longer required

6.52

1.62

Surplus on sale of fixed assets

1.27

1.39

Exchange rate difference gain | (loss) (net)

5.07

(0.02)

Profit on sale of long-term investment

1.58

Provisions for doubtful debts written back

0.24

0.68

Miscellaneous income

11.45

2.21

30.71

10.25

(

`

cr)

Note 24 Changes in inventories of finished goods,

work-in-progress and stock-in-trade

2015-16

2014-15

Stocks at close

Finished goods

172.29

159.53

Work-in-progress

123.94

115.27

Stock-in-trade

7.20

4.46

303.43

279.26

Less: Stocks at commencement

Finished goods

159.53

181.39

Work-in-progress

115.27

106.81

Stock-in-trade

4.46

3.05

279.26

291.25

(24.17)

11.99

Excise duty variation on opening | closing stocks of finished goods

(0.84)

(1.03)

(Increase) | Decrease in inventories

(25.01)

10.96

(

`

cr)

Note 25 Employee benefit expenses

2015-16

2014-15

Salaries, wages and bonus

162.99

146.09

Contribution to Provident and other funds

14.47

11.39

Staff welfare

7.20

5.81

184.66

163.29

(

`

cr)

Note 26 Finance costs

2015-16

2014-15

Interest on borrowings

20.95

21.67

Interest on others

1.84

1.77

Other borrowings cost

1.98

2.25

Applicable exchange difference to the extent considered as an adjustment

to borrowing cost

2.80

27.57

25.69

Notes

to the Consolidated Financial Statements