Atul Ltd 2014-15

125 Consolidated Statement of Profit and Loss for the year ended March 31, 2015 Particulars Note 2014-15 2013-14 REVENUE Revenue from operations (gross) 22 2,827.47 2,614.30 Less: Excise duty 171.08 156.55 Revenue from operations (net) 2,656.39 2,457.75 Other income 23 10.25 36.27 2,666.64 2,494.02 EXPENSES Cost of materials consumed 1,404.63 1,374.59 Purchase of stock-in-trade 29.82 24.18 C hanges in inventories of finished goods, work-in-progress and stock-in-trade 24 10.96 (64.52) Employee benefit expenses 25 163.29 149.67 Finance costs 26 25.69 33.44 Depreciation and amortisation expenses 12 60.27 58.26 Other expenses 27 646.40 610.10 2,341.06 2,185.72 Profit before tax 325.58 308.30 Tax expense Current tax 85.36 79.01 Deferred tax 13.80 9.81 MAT credit entitlement – (0.77) Tax adjustments 0.21 0.04 99.37 88.09 Profit after tax 226.21 220.21 Share of profit | (loss) in associate companies 0.06 (1.28) R eversal of share of loss in associate company on sale of investment 14.21 – Minority interest (0.17) (0.26) Profit for the year 240.65 219.19 Basic and diluted earning ` per Equity share 28.5 81.13 73.90 Significant Accounting Policies 1 Notes form an integral part of the Consolidated Financial Statements ( ` cr) As per our attached report of even date For Dalal & Shah Chartered Accountants LLP Firm Registration Number: 102020W | W-100040 R A Shah S S Baijal B S Mehta H S Shah S M Datta V S Rangan M M Chitale S A Panse B R Arora Directors For and on behalf of the Board of Directors S S Lalbhai Chairman and Managing Director S A Lalbhai Managing Director Mumbai April 30, 2015 S Venkatesh Partner Membership Number: 037942 Mumbai April 30, 2015 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S