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You are here: Home - Company - - Profit And Loss Account For The Year Ended 31st March 2008
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 | 17,589,286,783 |
12,747,757,627 |
|
Less: Excise Duty |
(878,736,623) |
(662,892,784) |
||
16,710,550,160 |
12,084,864,843 |
|||
|
Other Income
|
12 | 293,047,931 |
308,850,641 |
|
Increase / (Decrease) in Stock |
13 | 1,028,144,041 |
372,355,883 |
|
18,031,742,132 |
12,766,071,367 |
|||
Expenditure: |
||||
Cost of Materials Consumed, Purchases etc. |
14 | 10,808,377,843 |
7,902,624,023 |
|
Manufacturing Expenses |
15 | 1,395,138,541 |
924,262,188 |
|
Payments to and Provisions for employees |
16 | 657,989,124 |
462,435,512 |
|
Selling & Distribution Expenses |
17 | 1,184,554,657 |
899,514,394 |
|
Administrative Expenses & Other Expenses |
18 | 390,715,133 |
311,820,386 |
|
14,436,775,298 |
10,500,656,503 |
|||
Operating Profit: |
3,594,966,834 |
2,265,414,864 |
||
|
Less: Interest & Finance Charges
|
19 | 1,134,050,482 |
655,834,418 |
|
Profit before Depreciation, Extra Ordinary Items & Prior Year Expenses |
2,460,916,352 |
1,609,580,446 |
||
Less: a) Amounts Written Off and Provisions |
20 | 7,048,206 |
67,529,868 |
|
Less : Withdrawn from Contingency Reserve |
- |
(65,652,454) |
||
7,048,206 |
1,877,414 |
|||
b) Depreciation / Amortisation |
398,348,740 |
313,637,218 |
||
Profit before Exceptional Items and Taxation |
2,055,519,406 |
1,294,065,814 |
||
Less |
||||
Exceptional Items (Net) |
- |
|||
Service Tax Set-off Disallowed |
13,896,663 |
- |
||
Profit for the year before Taxation |
2,041,622,743 |
1,294,065,814 |
||
|
Add/(Less) : Deferred Tax (Refer Note No. 15 of Schedule 21: Part B |
(569,849,107) |
(283,021,025) |
||
Less : Provision for Current Tax |
(226,759,088) |
(8,413,158) |
||
| 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 for the year |
1,455,406,176 |
991,102,024 |
||
Balance in Profit & Loss Account brought forward |
1,385,190,332 |
716,254,403 |
||
| Loss of Orient Vegetexpo Ltd for FY 2006-07 | (5,187,197) |
- |
||
Balance available for Appropiation |
2,835,409,311 |
1,707,356,427 |
||
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 |
(2,462,629,161) |
(1,385,190,332) |
||
(2,835,409,311) |
(1,707,356,427) |
|||
Earning Per Share (Refer Note No. 12 of Schedule 21: Part B) |
||||
Basic EPS (Rs.) |
21.48 |
16.19 |
||
Diluted EPS (Rs.) |
21.41 |
16.19 |
||
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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