(` in crores)
Particulars | Note No. |
For the year ended March 31, 2016 |
For the year ended March 31, 2015 |
|
I | Revenue from Operations | 20 |
||
(a) Gross sales of products | 30,418.66 |
29,068.24 |
||
Less: Excise duty | 2,258.18 |
1,717.64 |
||
28,160.48 |
27,350.60 |
|||
(b) Sale of services and other operating revenue | 438.82 |
234.70 |
||
Net revenue from operations | 28,599.30 |
27,585.30 |
||
II | Other income | 21 |
391.12 |
492.74 |
III | Total Revenue (I + II) | 28,990.42 |
28,078.04 |
|
IV | Expenses: | |||
(a) Cost of materials consumed | 22 |
19,321.72 |
19,783.88 |
|
(b) Changes in inventories of finished goods and work-in-progres | 23 |
(6.82) |
(29.97) |
|
(c) Employee benefits expenses | 24 |
1,319.56 |
1,172.87 |
|
(d) Finance costs | 25 |
2.15 |
11.09 |
|
(e) Depreciation and amortization expenses | 11 |
441.40 |
539.97 |
|
(f) Other expenses | 26 |
3,517.83 |
3,116.34 |
|
Total Expenses | 24,595.84 |
24,594.18 |
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V | Profit before exceptional item and tax (III - IV) | 4,394.58 |
3,483.86 |
|
VI | Exceptional item - Provision for diminution in value of non current investment (refer note no. 38) | 155.04 |
||
VII | Profit before tax | 4,394.58 |
3,328.82 |
|
VIII | Tax expenses | |||
(a) Current tax | 960.88 |
898.91 |
||
(b) Deferred tax | 301.33 |
44.27 |
||
1,262.21 |
943.18 |
|||
IX | Profit for the year before share of profit of associate and minority interest (VII-VIII) | 3,132.37 |
2,385.64 |
|
X | Share of profit of associate | 27 |
||
(a) before exceptional items | 156.86 |
127.23 |
||
(b) after exceptional items | 156.86 |
119.46 |
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 |
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