Atul Ltd 2016-17

93 Statement of Profit and Loss for the year ended March 31, 2017 ( ` 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 May 05, 2017 S Venkatesh Partner Membership Number: 037942 Mumbai May 05, 2017 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S Particulars Note 2016-17 2015-16 Income Revenue from operations 20 2,848.27 2,608.61 Other income 21 42.46 43.53 Total income 2,890.73 2,652.14 Expenses Cost of materials consumed 22 1,324.51 1,234.05 Purchase of stock-in-trade 18.04 19.68 Changes in inventories of finished goods, work-in-progress and stock-in-trade 23 17.88 (27.66) Excise duty 153.74 154.11 Employee benefit expenses 24 173.23 168.47 Finance costs 25 21.02 25.84 Depreciation and amortisation expenses 2, 4 91.12 61.92 Other expenses 26 690.67 618.20 Total expenses 2,490.21 2,254.61 Profit before exceptional items and tax 400.52 397.53 Exceptional items 27.17 – 2.67 Profit before tax 400.52 400.20 Tax expense Current tax 27.5 79.73 103.56 Deferred tax 27.5 35.49 22.19 Total tax expense 115.22 125.75 Profit for the year 285.30 274.45 Other Comprehensive Income a) Items that will not be reclassified to profit and loss i) Fair value of equity instruments through Other Comprehensive Income (FVOCI) 77.34 (38.38) ii) Remeasurement gain | (loss) on defined benefit plans 2.48 (3.06) iii) Income tax related to item no (ii) above (0.86) 1.06 b) Items that will be reclassified to profit and loss i) Effective portion of gain | (loss) on cash flow hedges (0.72) (0.90) ii) Income tax related to item no (i) above 0.25 0.31 Other Comprehensive Income, net of tax 78.49 (40.97) Total Comprehensive Income for the year 363.79 233.48 Earnings per Equity share Basic and diluted earning ` per Equity share of ` 10 each 27.11 96.18 92.53 The accompanying Notes form an integral part of the Financial Statements