Atul Ltd 2013-14

107 Consolidated Statement of Profit and Loss for the year ended March 31, 2014 Particulars Note 2013-14 2012-13 REVENUE Revenue from operations (gross) 21 2,614.30 2,168.80 Less: Excise duty 156.55 125.92 Revenue from operations (net) 2,457.75 2,042.88 2,457.75 2,042.88 Other income 22 36.27 16.62 2,494.02 2,059.50 EXPENSES Cost of materials consumed 1,374.58 1,162.64 Purchase of stock-in-trade 24.18 16.36 C hanges in inventories of finished goods, work-in-progress and stock-in-trade 23 (64.51) (20.83) Employee benefit expenses 24 149.67 134.57 Finance costs 25 33.44 33.37 Depreciation and amortisation expenses 12 58.26 51.37 Other expenses 26 610.10 501.03 2,185.72 1,878.51 Profit before exceptional items and tax 308.30 180.99 Exceptional items Reversal of previous year finance costs – 5.38 – 5.38 Profit before tax 308.30 186.37 Tax expense Current tax 79.01 53.96 Deferred tax 9.81 4.51 MAT credit entitlement (0.77) (0.17) Add: Tax adjustments (Previous year: ` 20,214) 0.04 - 88.09 58.30 Profit after tax 220.21 128.07 Share of profit |(loss) in associate companies (1.28) (8.23) Minority interest (0.26) 0.07 Profit for the year 219.19 119.77 Basic and diluted earning ` per Equity Share 27.7 73.90 40.38 Significant Accounting Policies 1 Notes form an integral part of these Consolidated Financial Statements As per our attached report of even date For and on behalf of the Board of Directors For Dalal & Shah Firm Registration Number: 102020W Sunil S Lalbhai Chartered Accountants Chairman and Managing Director G S Patel S S Baijal B S Mehta Anish P Amin S M Datta Partner V S Rangan Samveg A Lalbhai Membership Number: 40451 T R Gopi Kannan R A Shah Managing Director Mumbai President, Finance and S Nammalvar Mumbai May 02, 2014 Company Secretary Directors May 02, 2014 { ` in crore (cr)}