Directors’
Report
Your Directors have pleasure in presenting the 25th Annual Report and audited financial statements for the financial year ended March 31, 2020.
Financial Results
(₹ In Millions)
| Consolidated | Standalone | |||
|---|---|---|---|---|
| 2019-20 | 2018-19 | 2019-20 | 2018-19 | |
| Revenue from operations (Gross) | 8,178.68 | 8,399.87 | 8,098.99 | 8,287.89 |
| Operating Profit (EBITDA) | 1,702.88 | 1,674.54 | 1,655.93 | 1,569.17 |
| Finance Cost | 33.33 | 11.23 | 33.33 | 11.23 |
| Depreciation & Amortisation | 201.07 | 201.24 | 200.83 | 200.98 |
| Profit before share of profit/loss of joint venture | 1,468.48 | 1,462.07 | 1,421.77 | 1,356.96 |
| Share of net profit/loss of joint venture accounted for using the equity method | 90.95 | 31.69 | - | - |
| Profit before exceptional items and tax | 1,559.43 | 1,493.76 | 1,421.77 | 1,356.96 |
| Exceptional Items | - | - | - | - |
| Profit before tax (PBT) | 1,559.43 | 1,493.76 | 1,421.77 | 1,356.96 |
| Tax expense | 341.65 | 491.51 | 321.17 | 481.55 |
| Profit after Tax (PAT) | 1217.78 | 1002.25 | 1,100.60 | 875.41 |
| Other Comprehensive income (net of tax) | -68.33 | 41.93 | -81.40 | 44.01 |
| Total Comprehensive income | 1,149.45 | 1,044.18 | 1,019.20 | 919.42 |
| Earning per equity share of ₹ 1 each (in ₹) | 3.77 | 3.05 | 3.40 | 2.66 |
| Retained earnings brought forward | 3,933.20 | 3,322.00 | 3,748.63 | 3,264.29 |
| Appropriation: | ||||
| - Equity dividend (including dividend distribution tax)* | 181.53 | 218.80 | 181.53 | 218.80 |
| - Transfer to Capital Redemption reserve | - | 6.67 | - | 6.67 |
| - Amount Utilised on account of Buy-back of Shares (including buy back expenses) | - | 162.23 | - | 162.23 |
| Retained earnings carried forward | 4,964.09 | 3933.20 | 4,662.46 | 3,748.63 |
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.
Annual Report 2019 - 2020
