Atul Ltd 2015-16

129 Consolidated Statement of Pro t and Loss for the year ended March 31, 2016 Particulars Note 2015-16 2014-15 REVENUE Revenue from operations (gross) 22 2,766.24 2,827.47 Less: Excise duty 164.80 171.08 Revenue from operations (net) 2,601.44 2,656.39 Other income 23 30.71 10.25 2,632.15 2,666.64 EXPENSES Cost of materials consumed 1,328.80 1,404.63 Purchase of stock-in-trade 21.11 29.82 Changes in inventories of finished goods, work-in-progress and stock-in-trade 24 (25.01) 10.96 Employee benefit expenses 25 184.66 163.29 Finance costs 26 27.57 25.69 Depreciation and amortisation expenses 12 65.79 60.27 Other expenses 27 628.33 646.40 2,231.25 2,341.06 Profit before tax 400.90 325.58 Tax expense Current tax 109.09 85.36 Deferred tax 22.58 13.80 MAT credit entitlement (0.07) – Tax adjustments 0.02 0.21 131.62 99.37 Profit after tax 269.28 226.21 Share of profit | (loss) in associate companies 0.17 0.06 Reversal of share of loss in associate company on sale of investment (0.07) 14.21 Minority interest 0.06 (0.17) Profit for the year 269.32 240.65 No. of Shares 29,661,733 29,661,733 Basic and diluted earning ` per Equity share of ` 10 each 28.6 90.80 81.13 Significant Accounting Policies 1 The accompanying 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 29, 2016 S Venkatesh Partner Membership Number: 037942 Mumbai April 29, 2016 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S