Statement of Profit and Loss
for the year ended 31 March 2016
(
`
in crores)
Notes
Year ended
31 March 2016
Year ended
31 March 2015
REVENUE:
Revenue from Operations
20
2,614.45
2,378.20
Less : Excise Duty
166.41
145.06
2,448.04
2,233.14
Other Income
21
17.61
8.49
Total Revenue
2,465.65
2,241.63
EXPENSES
:
Cost of Materials Consumed
22
345.04
334.65
Purchases of Stock in Trade
1,035.77
967.54
Changes in Inventories
23
(8.99)
(45.56)
Employee benefits Expense
24
190.04
169.20
Finance costs
25
9.32
5.97
Depreciation and amortization expense
11 & 12
47.20
39.38
Other Expenses
26
494.33
521.26
Total Expenses
2,112.71
1,992.44
Profit before exceptional items and tax
352.94
249.19
Exceptional items
Investment in Subsidiary written off (Refer Note 29)
1.51
0.00
Litigation Settlement - Entry Tax
0.00
5.75
Profit before tax
351.43
243.44
Tax expense:
Current tax
Current year
105.00
72.00
Earlier years
(0.12)
(0.50)
Deferred tax
Current year
11.66
3.58
Profit for the Year
234.89
168.36
Earnings per equity share in
`
(Face Value of
`
2/- each)
Basic
29.56
21.80
Diluted
29.52
21.80
Significant Accounting Policies
1
The accompanying Notes 1 to 46 form an integral part of these financial statements.
In terms of our report of even date annexed
For and on behalf of the Board
For O. P. Bagla & Co.
Ashok Kajaria
Chetan Kajaria
Rishi Kajaria
Chartered Accountants
Chairman & Managing Director
Jt. Managing Director
Jt. Managing Director
FRN No. 000018N
(DIN: 00273877)
(DIN: 00273928)
(DIN: 00228455)
Atul Bagla
Partner
Ram Chandra Rawat
Sanjeev Agarwal
Membership No.: 91885
Executive V.P. (A&T) & Company Secretary
CFO
Place: New Delhi
(FCS No. 5101)
Dated: 28th April, 2016
107
Annual Report 2015-16
