(` in crores)
| Particulars | Note No. |
For the year ended March 31, 2016 |
For the year ended March 31, 2015 |
|
| I | Revenue from Operations | 22 |
||
| (a) Gross sales of products | 30,434 29 |
29,020.98 |
||
| Less: Excise duty | 2,258 21 |
1,717.65 |
||
28,176.08 |
27,303.33 |
|||
| (b) Sale of services and other operating revenue | 437.65 |
234.70 |
||
| Net revenue from operations | 28,613.73 |
27,538.03 |
||
| II | Other income | 23 |
389.05 |
492.11 |
| III | Total Revenue (I + II) | 29,002.81 |
28,030.14 |
|
| IV | Expenses: | |||
| (a) Cost of materials consumed | 24 |
19,357.95 |
19,790.40 |
|
| (b) Changes in inventories of finished goods and work-in-progres | 25 |
-44.80 |
(75.10) |
|
| (c) Employee benefits expenses | 26 |
1,343.06 |
1,178.72 |
|
| (d) Finance costs | 27 |
11.87 |
11.70 |
|
| (e) Depreciation and amortization expenses | 13 |
447.01 |
540.45 |
|
| (f) Other expenses | 28 |
3,575.27 |
3,147.28 |
|
| Total Expenses | 24.690.36 |
24,593.45 |
||
| V | Profit before exceptional item and tax (III - IV) | 4.312.45 |
3,436.69 |
|
| VI | Exceptional item - Provision for diminution in value of non current investment (refer note no. 37) | - |
144.73 |
|
| VII | Profit before tax (V -VI) | 4.312.45 |
3,291.96 |
|
| VIII | Tax expenses | |||
| (a) Current tax | 960.91 |
899.18 |
||
| (b) Deferred tax | 301.33 |
44.27 |
||
1,262.24 |
943.45 |
|||
| IX | Profit for the year before share of profit of associate and minority interest (VII-VIII) | 3,05.21 |
2,348.51 |
|
| X | Share of profit of associate | 39.46 |
15.15 |
|
| XI | Less: Minority interest profit/(loss) | (4.11) |
(1.04) |
|
| XII | Profit for the year (IX+X-XI) | 3,093.78 |
2,364.70 |
|
| XIII | Basic and diluted earnings per equity share (of ` 2 each): | 29 |
||
| (a) before exceptional items | 154.93 |
125.66 |
||
| (b) after exceptional items | 154.93 |
118.41 |
Accompanying notes forming part of the financial statements 1 to 41
| In terms of our report attached | For and on behalf of the Board of Directors | |
| For DELOITTE HASKINS & SELLS Chartered Accountants |
|
|
| Jaideep Bhargava Partner |
Pradeep Dinodia Chairman- Audit Committee DIN- 00027995 |
Ravi Sud Sr. Vice President & CFO |
| New Delhi May 5, 2016 |
||
