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101
annual
report
20
16-17
kajaria
ceramics
corporate
overview
management
reports
Financial
statements
Statement of Profit and Loss
for the year ended 31 March 2017
Notes
Year ended
31 March 2017
Year ended
31 March 2016
INCOME
Revenue From Operations
21
2,720.11
2,609.43
Other Income
22
25.34
25.82
Total Income (I)
2,745.45
2,635.25
EXPENSES
Cost of materials consumed
23
403.95
345.04
Purchase of stock-in-trade
932.86
1,035.77
Changes in inventories of finished goods, stock in trade and work-in-progress
24
(12.87)
(8.99)
Excise duty on sale of goods
192.15
166.41
Employee benefits expense
25
220.52
189.69
Finance costs
26
3.54
6.72
Depreciation and amortisation expense
27
53.20
47.20
Other expenses
28
544.84
497.39
Total Expenses (II)
2,338.19
2,279.23
Profit before tax from continuing operations before exceptional items (I-II)
407.26
356.02
Exceptional items
-
1.51
Profit before tax from continuing operations after exceptional items
407.26
354.51
Tax expense:
Current Tax
122.10
105.00
Adjustment of tax relating to earlier periods
0.07
(0.12)
Deferred Tax
14.93
12.63
Profit for the year from continuing operations
270.16
237.00
Other Comprehensive Income
Items that will not be reclassified to profit & loss in subsequent periods
Re-measurement gains (losses) on defined benefit plans
(1.03)
(1.02)
Income tax effect on such items
0.36
0.35
Total other comprehensive income for the year, net of tax
(0.67)
(0.67)
Total comprehencive income for the year, net of tax
269.49
236.33
Earnings per equity share (computed on the basis of profit for the year):
(1) Basic
16.96
14.87
(2) Diluted
16.91
14.83
Significant accounting policies
1 & 2
The accompanying Notes 1 to 51 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
COO (A&T) and Co. Secretary
CFO
Place: New Delhi
(FCS No. 5101)
Dated: 15th May, 2017
(Amount in Rupees crores, unless otherwise stated)