Jain Irrigation Systems Ltd.
|
Locate us |
You are here: Home - Company - - Profit And Loss Account For The Year Ended 31st March 2007
Profit And Loss Account For The Year Ended 31st March 2007
| Particulars | Schedule | 2006-07 | 2005-06 | |
| Rs. | Rs. | Rs. | ||
Income: |
||||
Sales and Operating Income |
10 | 12,741,973,246 |
9,101,883,644 |
|
Less: Excise Duty |
(657,108,403) |
(511,772,947) |
||
12,084,864,843 |
8,590,110,697 |
|||
|
Other Income
|
11 | 308,850,641 |
176,407,054 |
|
Increase / (Decrease) in Stock |
12 | 372,355,883 |
135,713,411 |
|
12,766,071,367 |
8,902,231,162 |
|||
Expenditure: |
||||
Cost of Materials Consumed, Purchases etc. |
13 | 7,902,624,023 |
5,548,771,560 |
|
Manufacturing Expenses |
14 | 924,262,188 |
610,371,559 |
|
Payments to and Provisions for employees |
15 | 462,435,512 |
300,791,591 |
|
Selling & Distribution Expenses |
16 | 899,514,394 |
622,135,203 |
|
Administrative Expenses & Other Expenses |
17 | 311,820,386 |
267,143,549 |
|
10,500,656,503 |
7,349,483,462 |
|||
Operating Profit: |
2,265,414,864 |
1,552,747,700 |
||
|
Less: Interest & Finance Charges
|
18 | 655,834,418 |
471,135,283 |
|
Profit / (Loss) before Depreciation Extra Ordinary Items & Prior Year Expenses |
1,609,580,446 |
1,081,612,417 |
||
Less: a) Amounts Written Off and Provisions |
19 | 67,529,868 |
179,526,376 |
|
Less : Withdrawn from Contingency Reserve |
(65,652,454) |
- |
||
1,877,414 |
179,526,376 |
|||
b) Depreciation / Amortisation |
313,637,218 |
262,557,143 |
||
Profit / (Loss) before Extra Ordinary Items and Prior Year Expenses |
1,294,065,814 |
639,528,898 |
||
Add : Extra Ordinary Items (Net) |
||||
- Loss for the year 2004-05 adjusted against Securities Premium Account |
- |
(11,535,762) |
||
- Loss for the year 2005-06 adjusted against Contingency Reserve |
- |
(40,474,600) |
||
Profit / (Loss) for the year before Taxation |
1,294,065,814 |
691,539,260 |
||
|
Add/(Less) : Deferred Tax (Refer Note No. 13 (a) of Schedule 20: Part B |
(283,021,025) |
(12,837,687) |
||
Less : Provision for Current Tax |
8,413,158 |
- |
||
Less : Provision for Wealth Tax |
29,607 |
64,840 |
||
b) Provision for Fringe Benefit Tax |
11,500,000 |
7,020,000 |
||
Profit / (Loss) for the Year before Prior Period Expenses |
991,102,024 |
671,616,733 |
||
Add / (Less) : Prior Period Expenses |
- |
- |
||
| Profit / (Loss) for the year | 991,102,024 |
671,616,733 |
||
Balance in Profit & Loss Account brought forward |
716,254,403 |
305,233,056 |
||
Add : Transferred from Reserve for Preference Dividend |
- |
74,075,520 |
||
Balance available for Appropiation |
1,050,925,309 |
362,270,816 |
||
Appropiation |
||||
Transferred to General Reserve |
(100,000,000) |
(50,400,000) |
||
Proposed Accumulated Preference Dividend |
- |
(85,307,184) |
||
Provision for Dividend Tax on Accumulated Preference Dividend |
- |
(11,964,333) |
||
Transferred to Capital Redemption Reserve |
(25,000,000) |
(25,000,000) |
||
Proposed Preference Dividend for the year |
(37,037,760) |
(37,037,760) |
||
Provision for Dividend Tax on Preference Dividend for the year |
(6,124,617) |
(5,194,546) |
||
Proposed Equity Dividend |
(132,487,472) |
(105,035,811) |
||
Provision for Dividend Tax on Equity Dividend |
(22,516,246) |
(14,731,272) |
||
Balance carried to Balance Sheet |
(1,385,190,332) |
(716,254,403) |
||
(1,707,356,427) |
(1,050,925,309) |
|||
Earning Per Share (Refer Note No. 14 of Schedule 20: Part B) |
||||
Basic EPS (Rs.) |
16.19 |
10.79 |
||
Diluted EPS (Rs.) |
16.19 |
10.78 |
||
Notes forming part of the Accounts |
20 | |||
Signatures to the Schedule 1 to 20 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, 22nd August, 2007 |
A.V. Ghodgaonkar
Company Secretary |
Anil B. Jain Managing Director Mumbai, 22nd August, 2007 |
A.R. Barwe Director |
Small Ideas. Big Revolutions®
©
Jain Irrigation Systems Ltd.
Site enabled by : Jainart Best viewed in 800 × 600 Resolution
with IE 4.0 or Firefox 1.0.5 or higher