Atul Ltd 2015-16

89 Statement of Pro t and Loss for the year ended March 31, 2016 ( ` cr) Particulars Note 2015-16 2014-15 REVENUE Revenue from operations (gross) 21 2,613.37 2,718.57 Less: Excise duty 154.47 162.92 Revenue from operations (net) 2,458.90 2,555.65 Other income 22 45.74 15.31 2,504.64 2,570.96 EXPENSES Cost of materials consumed 23 (a) 1,234.05 1,333.22 Purchase of stock-in-trade 23 (c) 19.68 28.22 Changes in inventories of finished goods, work-in-progress and stock-in-trade 24 (28.02) 16.12 Employee benefit expenses 25 172.19 153.85 Finance costs 26 25.84 23.64 Depreciation and amortisation expenses 12 61.69 55.28 Other expenses 27 628.85 648.52 2,114.28 2,258.85 Profit before exceptional items and tax 390.36 312.11 Exceptional items 28.16 2.67 – Profit before tax 393.03 312.11 Tax expense Current tax 102.50 80.50 Deferred tax 22.47 13.82 Tax adjustments – 0.37 124.97 94.69 Profit for the year 268.06 217.42 No. of Shares 29,661,733 29,661,733 Basic and diluted earning ` per Equity share of ` 10 each 28.7 90.37 73.30 Significant Accounting Policies 1 The accompanying Notes form an integral part of the Financial Statements 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