65
Statement of Profit and Loss
for the year ended 31 March, 2013
Note
Year ended
Year ended
31.03.2013
31.03.2012
`
in million
`
in million
Revenue:
Revenue from Operations
20
17,072.62
14,017.57
Less : Excise Duty
1,190.61
889.70
15,882.01
13,127.87
Other Income
21
34.23
11.33
Total Revenue
15,916.24
13,139.20
Expenses:
Cost of Materials Consumed
22
2,867.25
2,862.79
Purchases of Stock in Trade
5,787.46
4,117.75
Changes in Inventories
23
(49.10)
(154.71)
Employee benefits Expense
24
1,221.30
1,036.57
Finance costs
25
354.77
469.82
Depreciation and amortization expenses
11 & 12
383.63
370.77
Other Expenses
26
3,840.21
3,261.03
Total Expenses
14,405.52
11,964.02
Profit before exceptional and extraordinary items & tax
1,510.72
1,175.18
Exceptional/Extraordinary items
Provision for loss in subsidiary (Refer Note. 38)
(30.33)
–
Profit before tax
1,480.39
1,175.18
Tax expense:
Current tax
Current year
451.40
320.00
Earlier years
21.23
13.66
Deferred tax
Current year
2.31
34.37
Profit for the Period
1,005.45
807.15
Basic/Diluted Earnings per equity share (
`
)
13.66
10.97
Significant Accounting Policies
1
The accompanying Notes 1 to 45 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.
D. P. Bagchi
Chartered Accountants
R. K. Bhargava
R. R. Bagri
Partner
Chairman & Managing Director
Directors
Sr. Vice President (A & T) &
Membership No.: 91885
Company Secretary
Chetan Kajaria
Place: New Delhi
Rishi Kajaria
Dated: 30 April, 2013
Jt. Managing Directors
