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198

Notes on the consolidated financial statements

for the year ended 31 March 2017

31. Material partly-owned subsidiaries

(

`

in crores)

Soriso

Ceramic

Private

Limited

Jaxx

Vitrified

Private

Limited

Vennar

Ceramics

Limited

Cosa

Ceramics

Private

Limited

Floera

Ceramics

Private

Limited

Kajaria

Bathware

Private

Limited

Taurus Tiles

Private

Limited

Kazakhstan

Revenue

75.82 314.38

80.60 182.12

0.26 120.37

56.76

0

Cost of raw material and components consumed

26.62 116.41

23.68

70.1

0

17.46

18.91

0

Other expenses

43.47 178.50

51.18

94.65

0.23 113.51

41.39

0

Finance costs

0.91

18.55

4.14

5.91

0

8.54

6.65

0

Profit before tax

4.82

0.92

1.60

11.46

0.03

-19.14

-10.19

0

Income tax

1.61

-0.01

0.61

3.19

0

0

0

0

Profit for the year from continuing operations

3.21

0.93

0.99

8.28

0.03

-19.14

-10.19

0

Total comprehensive income

3.21

0.93

0.94

8.28

0.03

-19.14

-10.19

0

Attributable to non-controlling interests

1.57

0.36

0.49

4.06

0.01

-0.53

-4.99

0.00

Dividends paid to non-controlling interests

1.08

0

0

0

0

0

0

The summarised financial information of these subsidiaries are provided below. This information is based on amounts before inter-company eliminations.

Summarised statement of profit and loss for the year ended 31 March 2017:

(

`

in crores)

Soriso

Ceramic

Private

Limited

Jaxx

Vitrified

Private

Limited

Vennar

Ceramics

Limited

Cosa

Ceramics

Private

Limited

Floera

Ceramics

Private

Limited

Kajaria

Bathware

Private

Limited

Taurus Tiles

Private

Limited

Kazakhstan

Revenue

89.17 247.16

67.11 200.22

0

67.81

75.01

-0.42

Cost of raw material and components consumed

44.34 114.57

24

89.01

0

17.01

34.38

0

Other expenses

38.07 126.92

36.17

85.58

0.29

51.90

33.86

0.34

Finance costs

1.18

19.81

4.53

6.98

0

6.43

4.33

-0.25

Profit before tax

5.58

-14.14

2.41

18.65

-0.29

-7.53

2.44

-0.51

Income tax

1.79

0

0.81

4.11

0

0

0.5

0

Profit for the year from continuing operations

3.79

-14.14

1.61

14.54

-0.29

-7.53

1.94

-0.51

Total comprehensive income

3.79

-14.14

1.61

14.54

-0.29

-7.53

1.94

-0.51

Attributable to non-controlling interests

1.86

-5.51

0.79

7.12

-0.14

0.00

0.95

0.00

Dividends paid to non-controlling interests

0

0

0

0

0

0

0

0

Summarised statement of profit and loss for the year ended 31 March 2016: