Your Directors have pleasure in presenting the 21st Annual Report and audited financial statements for the financial year ended March 31, 2016.
( in Million) | ||
---|---|---|
2015-16 | 2014-15 | |
Revenue from operations (net) | 7081.35 | 6255.22 |
Operating Profit (EBITDA) | 1693.88 | 1533.22 |
Finance Cost | 3.44 | 4.53 |
Depreciation & amortisation | 139.88 | 145.04 |
Profit before exceptional items & tax | 1550.56 | 1383.65 |
Exceptional Items | - | 27.98 |
Profit before tax (PBT) | 1550.56 | 1355.67 |
Tax expenses | 512.41 | 444.83 |
Profit after Tax (PAT) | 1038.15 | 910.84 |
Earning per equity share of Re. 1 each (in ) | 3.15 | 2.76 |
Surplus available for Appropriation | 2192.30 | 1661.39 |
Appropriation: | ||
Equity dividend (including dividend distribution tax) | 436.86 | 334.83 |
CSR Expenditure/commitments* | - | 22.41 |
Transfer to General Reserves | - | 150.00 |
Transfer to Capital redemption reserve | - | - |
Surplus carried forward | 1755.44 | 1154.15 |
(*) Based on the initial guidance by ICAI, it was shown as an appropriation
of profit. However, based on revised clarifications, the expenses of
26.43 million pertaining to the current year have been charged to the
statement of profit and loss.
With the accretion 601.29 million to the reserves arising from
the profitability of the year, the total reserves of the Company
stand at 2627.36 million and the net worth of the Company is
at 2957.33 million.
No material changes and commitments affecting the financial
position of the Company have occurred between the end of the
financial year of the Company to which these financial statement
relate and the date of this report.