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You are here: Home - Company - - Consolidated Profit And Loss Account For The Year Ended 31st March 2008
Consolidated Profit And Loss Account For The Year Ended 31st March 2008
| Particulars | Schedule | 2007-08 | 2006-07 | |
| Rs. | Rs. | Rs. | ||
Income: |
||||
Sales and Operating Income |
11 | 23,037,458,584 |
14,578,774,150 |
|
Less: Excise Duty |
(878,736,623) |
(657,108,403) |
||
22,158,721,961 |
13,921,665,747 |
|||
|
Other Income
|
12 | 401,266,267 |
333,225,950 |
|
Increase / (Decrease) in Stock |
13 | 2,028,819,175 |
886,664,136 |
|
24,588,807,403 |
15,141,555,833 |
|||
Expenditure: |
||||
Cost of Materials Consumed, Purchases etc. |
14 | 13,832,141,726 |
8,701,291,391 |
|
Manufacturing Expenses |
15 | 1,922,738,591 |
1,174,705,355 |
|
Payments to and Provisions for employees |
16 | 2,450,142,848 |
1,248,968,919 |
|
Selling & Distribution Expenses |
17 | 1,758,170,584 |
1,287,077,851 |
|
Administrative Expenses & Other Expenses |
18 | 782,416,918 |
522,166,091 |
|
20,745,610,667 |
12,934,209,607 |
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Operating Profit |
3,843,196,736 |
2,207,346,226 |
||
|
Less: Interest & Finance Charges
|
19 | 1,326,946,994 |
769,316,497 |
|
Profit before Depreciation, Extra Ordinary Items & Prior Year Expenses |
2,516,249,742 |
1,438,029,729 |
||
Less: a) Amounts Written Off and Provisions |
20 | 17,329,206 |
79,019,696 |
|
Less : Withdrawn from Contingency Reserve |
- |
(65,652,454) |
||
17,329,206 |
13,367,242 |
|||
b) Depreciation / Amortisation |
557,588,129 |
419,884,047 |
||
Profit before Exceptional Items and Taxation |
1,941,332,407 |
1,004,778,440 |
||
Less |
||||
Exceptional Items (Net) |
- |
|||
Service Tax Set-off Disallowed |
34,038,163 |
- |
||
Profit for the year before Taxation |
1,907,294,244 |
1,004,778,440 |
||
|
Add/(Less) : Deferred Tax |
(461,637,656) |
(176,644,439) |
||
Less : Provision for Current Tax |
(288,847,298) |
(12,995,779) |
||
| Add : MAT Credit | 226,759,088 |
- |
||
Less : Provision for Wealth Tax |
(67,460) |
(29,607) |
||
Provision for Fringe Benefit Tax |
(16,300,000) |
(11,500,000) |
||
Profit / ( Loss ) for the year before Prior Period Expenses |
1,367,200,918 |
803,608,615 |
||
Add / (Less): Prior Period Items |
(23,059,319) |
- |
||
Profit for the Year |
1,390,260,237 |
803,608,615 |
||
Less: Pre acquisition Profit / (Loss) |
(40,867,532) |
32,574,268 |
||
Less: Minority Interest |
(25,394,435) |
(3,653,729) |
||
| Profit / ( Loss ) for the year after Minority interest | 1,323,998,270 |
832,529,154 |
||
Balance in Profit & Loss Account brought forward |
873,434,524 |
363,071,465 |
||
| Loss of Orient Vegetexpo Ltd for FY 2006-07 | (5,187,197) |
- |
||
Balance available for Appropiation |
2,192,245,597 |
1,195,600,619 |
||
Appropiation |
||||
Transferred to General Reserve |
(145,500,000) |
(100,000,000) |
||
Transferred to Capital Redemption Reserve |
- |
(25,000,000) |
||
Proposed Preference Dividend for the year |
(35,037,760) |
(36,037,760) |
||
Provision for Dividend Tax on Preference Dividend for the year |
(5,954,667) |
(6,124,617) |
||
Proposed Equity Dividend |
(159,227,081) |
(132,487,472) |
||
Provision for Dividend Tax on Equity Dividend |
(27,060,642) |
(22,516,246) |
||
Balance carried to Balance Sheet |
(1,819,465,447) |
(873,434,524) |
||
(2,835,409,311) |
(1,195,600,619) |
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Earning Per Share (Refer Note No. 12 of Schedule 21: Part B) |
||||
Basic EPS (Rs.) |
19.49 |
13.48 |
||
Diluted EPS (Rs.) |
19.42 |
13.48 |
||
Notes forming part of the Accounts |
21 | |||
Signatures to the Schedule 1 to 21 As per our report of even date. For and on behalf of DALAL & SHAH Chartered Accountants |
For and on behalf of the Board of Directors | ||
Shishir Dalal Partner Mumbai, 28th July, 2008 |
A.V. Ghodgaonkar
Company Secretary |
Anil B. Jain Managing Director Mumbai, 28th July, 2008 |
A.R. Barwe Director |
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