|
Profit and Loss Account for the year
ended 31 March, 2008
|
(All amounts in Rs crore)
|
|
|
Rs
|
Rs
|
Previous Year Rs
|
|
Income
|
| Sales |
4,207.13
|
|
4,107.08
|
Less: Excise duty
|
170.82
|
|
161.44
|
Net sales
|
|
4,036.31
|
3,945.64
|
Operating income
|
|
39.32
|
39.39
|
Other Income
|
|
566.57
|
97.75
|
Foreign exchange gain on borrowings
|
|
34.64
|
25.01
|
Total Income
|
|
4,676.84
|
4,107.79
|
 |
| Expenditure |
| Manufacturing and other expenses |
3,355.50
|
|
3,11.48
|
| Empoloyee Separation Compensation Amortised |
3.17
|
|
3.89
|
| Borrowings costs (net) |
12.31
|
|
8.23
|
| |
3,370.98
|
|
3,323.60
|
| |
148.76
|
|
150.35
|
| Depreciation |
|
3,519.74
|
3,473.95
|
| Total Expenditure |
|
1,157.10
|
633.84
|
|
|
Profit before
tax
|
| Provision for tax |
|
|
|
| Current |
217.61
|
|
210.76
|
| Deferred |
(12.99)
|
|
(26.18)
|
| Fringe Benefit Tax |
3.30
|
|
5.05
|
| |
|
207.92
|
189.63
|
| Profit after tax
|
|
949.18
|
444.21
|
| Balance brought forward |
|
967.07
|
769.19
|
| Amount available for appropriation |
|
1,916.25
|
1,213.40
|
| Appropriations: |
|
|
|
| Proposed dividend |
|
211.25
|
172.08
|
| Tax on dividend |
|
35.90
|
29.25
|
| General reserve |
|
95.00
|
45.00
|
| Balance carried to balance sheet |
|
1,574.10
|
967.07
|
| |
|
1,916.25
|
1,213.40
|
|
| Earnings per share (in rupees) (Face
value per share - Rs10) |
| Basic |
|
42.82
|
20.65
|
| Diluted |
|
37.89
|
18.31
|
|
|
