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annual
report
20
16-17
kajaria
ceramics
corporate
overview
management
reports
Financial
statements
Notes on the consolidated financial statements
for the year ended 31 March 2017
Information regarding non-controlling interest
As at
31 March 2017
31 March 2016 1 April 2015
Accumulated balances of material non-controlling interest:
Soriso Ceramic Private Limited
9.24
8.74
6.88
Jaxx Vitrified Private Limited
11.52
11.16
15.18
Vennar Ceramics Limited
14.83
14.34
10.61
Cosa Ceramics Private Limited
30.55
26.50
18.60
Floera Ceramics Private Limited
4.66
4.65
-
Kajaria Sanitaryware Private Limited (step subsidiary)
1.42
1.95
4.45
Taurus Tiles Private Limited
3.80
8.79
6.77
Profit/(loss) allocated to material non-controlling interest:
Soriso Ceramic Private Limited
1.57
1.86
-
Jaxx Vitrified Private Limited
0.36
(5.51)
-
Vennar Ceramics Limited
0.49
0.79
-
Cosa Ceramics Private Limited
4.06
7.12
-
Floera Ceramics Private Limited
0.01
(0.14)
-
Kajaria Sanitaryware Private Limited (step subsidiary)
(0.53)
(0.29)
-
Taurus Tiles Private Limited
(4.99)
0.95
-
(
`
in crores)
S.
No.
Name
Country of
Incorporation
Ownership Interest of Kajaria Ceramics Limited (%)
As on 31.03.17
As on 31.03.16 As on 1.04.15
1 Soriso Ceramic Private Limited
India
51%
51%
51%
2 Jaxx Vitrified Private Limited
India
61%
61%
61%
3 Vennar Ceramics Limited
India
51%
51%
51%
4 Cosa Ceramics Private Limited
India
51%
51%
51%
5 Floera Ceramics Private Limited
India
51%
51%
51%
6 Kajaria Bathware Private Limited
India
100%
100%
100%
7 Taurus Tiles Private Limited
India
51%
51%
51%
8 Kajaria Ceramics Kazakhstan LLP
Kazakhstan
-
100%
100%
31. Material partly-owned subsidiaries:
Financial information of subsidiaries that have material non-controlling interests is provided below:
Proportion of equity interest held by non-controlling interests: