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229
annual
report
20
16-17
kajaria
ceramics
corporate
overview
management
reports
Financial
statements
(
`
in crores)
Particulars
Indian GAAP
Year ended
31-Mar-16
GAAP
adjustments
Year ended
31-Mar-16
Ind AS
Year ended
31-Mar-16
Continuining Operations
Revenue from operations
2,413.46
287.13
2,700.58
Other Income
7.24
3.19
10.43
Total Revenue
2,420.70
290.32
2,711.01
EXPENSES
(a) Cost of materials consumed
668.35
-
668.35
(b) Purchases of finished, semi-finished and other products
243.72
-
243.72
(c) Changes in stock of finished goods, work-in-progress and stock-in-trade
(65.72)
-
(65.72)
(d) Excise duty on sale of goods
-
287.13
287.13
(e) Employee benefit expense
252.66
(0.38)
252.28
(f) Finance costs
34.46
-
34.46
(g) Depreciation and amortisation expense
72.61
-
72.61
(h) Other expenses
856.90
0.46
857.36
Total Expenses (IV)
2,062.98
287.21
2,350.19
Share of profit / (loss) of joint ventures and associates
Share of profit / (loss) of joint ventures and associated
-
-
-
Profit/(loss) before exceptional items and tax
357.72
3.11
360.82
Exceptional Items
-
-
Profit/(loss) before and tax from continuing operations
357.72
3.11
360.82
Tax Expense
Current tax
111.35
-
111.35
Adjustment of tax relating to earlier periods
(0.13)
-
(0.13)
Deferred tax
12.51
0.98
13.49
Total tax expense
123.73
0.98
124.71
Profit/(loss) after tax from continuing operations
233.98
2.13
236.11
Profit/(loss) after tax from discontinued operations
-
-
-
Profit/(loss) after tax from discontinued operations
-
-
-
Profit/(loss) for the period
233.98
2.13
236.11
Profit/(Loss) from continuing operations for the period attributable to:
Owners of the Company
229.20
2.13
231.33
Non controlling interests
4.78
-
4.78
Profit/(Loss) from discontinued operations for the period attributable to:
Owners of the Company
-
-
-
Non controlling interests
-
-
-
Other comprehensive income
-
(0.68)
(0.68)
A. (i) Items that will not be reclassified to profit or loss
Remeasurements of the defined benefit liabilities / (asset)
(1.04)
(1.04)
(ii) Income tax relating to items that will not be reclassified to profit or loss
-
0.36
0.36
Total comprehensive income for the period
229.20
1.45
230.65
52 Reconciliation of profit or loss for the year ended 31 March 2016
(contd...)
Notes on the consolidated financial statements
for the year ended 31 March 2017