127 / 168
125
Consolidated Statement of Profit and Loss
for the year ended March 31, 2015
Particulars
Note
2014-15
2013-14
REVENUE
Revenue from operations (gross)
22
2,827.47
2,614.30
Less: Excise duty
171.08
156.55
Revenue from operations (net)
2,656.39
2,457.75
Other income
23
10.25
36.27
2,666.64
2,494.02
EXPENSES
Cost of materials consumed
1,404.63
1,374.59
Purchase of stock-in-trade
29.82
24.18
Changes in inventories of finished goods,
work-in-progress and stock-in-trade
24
10.96
(64.52)
Employee benefit expenses
25
163.29
149.67
Finance costs
26
25.69
33.44
Depreciation and amortisation expenses
12
60.27
58.26
Other expenses
27
646.40
610.10
2,341.06
2,185.72
Profit before tax
325.58
308.30
Tax expense
Current tax
85.36
79.01
Deferred tax
13.80
9.81
MAT credit entitlement
–
(0.77)
Tax adjustments
0.21
0.04
99.37
88.09
Profit after tax
226.21
220.21
Share of profit | (loss) in associate companies
0.06
(1.28)
Reversal of share of loss in associate company on sale
of investment
14.21
–
Minority interest
(0.17)
(0.26)
Profit for the year
240.65
219.19
Basic and diluted earning
`
per Equity share
28.5
81.13
73.90
Significant Accounting Policies
1
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 30, 2015
S Venkatesh
Partner
Membership Number: 037942
Mumbai
April 30, 2015
T R Gopi Kannan
Whole-time Director and CFO
L P Patni
Company Secretary
B N Mohanan
Whole-time Director
and President - U&S