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annual
report
20
16-17
kajaria
ceramics
corporate
overview
management
reports
Financial
statements
Consolidated 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
2,854.51
2,700.58
Other Income
22
15.36
10.43
Total Income (I)
2,869.87
2,711.01
EXPENSES
Cost of materials consumed
23
677.13
668.35
Purchase of stock-in-trade
229.67
243.72
Changes in inventories of finished goods, stock in trade and work-in-progress
24
12.63
(65.72)
Excise duty on sale of goods
304.88
287.13
Employee benefits expense
25
288.71
252.28
Finance costs
26
34.00
34.46
Depreciation and amortisation expense
27
81.39
72.61
Other expenses
28
845.16
857.36
Total Expenses (II)
2,473.57
2,350.19
Profit before tax from continuing operations before exceptional items (I-II)
396.30
360.82
Exceptional items
Profit before tax from continuing operations after exceptional items (I-II)
396.30
360.82
Tax expense:
Current Tax
126.34
111.35
Adjustment of tax relating to earlier periods
0.07
(0.13)
Deferred Tax
16.08
13.49
Profit for the year from continuing operations
253.81
236.11
Other Comprehensive Income
Profit from continuing operations for the period attributable to:
Owners of the Company
252.84
231.33
Non controlling interests
0.97
4.78
Other Comprehensive Income
Items that will not be reclassified to profit or loss in subsequent periods
Re-measurement gains (losses) on defined benefit plans
(1.10)
(1.04)
Income tax effect
0.38
0.36
Total other comprehensive income for the year, net of tax
(0.72)
(0.68)
Total comprehencive income for the year, net of tax
252.12
230.65
Earnings per equity share (computed on the basis of profit) for the year):
(1) Basic
15.86
14.51
(2) Diluted
15.82
14.47
Significant accounting policies
1 & 2
The accompanying Notes 1 to 53 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)