Corporate Overview Board & Management Reports Financial Statements

Consolidated Statement of Profit and Loss

for the year ended 31st March, 2019
(All amounts in J crores, unless otherwise stated)
Particulars Note 31 March, 2019 31 March, 2018
Income
Revenue from operations 34 8,533.05 7,748.34
Other income 35 296.17 305.18
Total income 8,829.22 8,053.52
Expenses
Cost of materials consumed 36 3,475.35 3,220.05
Excise duty 18.06 26.49
Purchases of stock-in-trade 802.98 665.80
Changes in inventories of finished goods, stock-in-trade and work-in-progress 37 12.64 (65.93)
Employee benefits expense 38 937.91 792.79
Finance costs 39 59.58 53.05
Depreciation and amortization expense 40 176.90 162.18
Other expenses
Advertisement and publicity 608.33 606.71
Others 41 938.22 884.99
Total expenses 7,029.97 6,346.13
Profit before share of profit from joint venture and exceptional items 1,799.25 1,707.39
Share of profit of joint venture 55 0.96 0.24
Profit before exceptional items and tax 1,800.21 1,707.63
Exceptional items 42 75.34 14.54
Profit before tax 1,724.87 1,693.09
Tax expense 43
Current tax 406.99 371.34
Deferred tax (128.37) (35.99)
Total tax expense 278.62 335.35
Net profit for the year 1,446.25 1,357.74
Other comprehensive income 44
A (i)  Items that will not be reclassified to profit or loss 1.89 (4.20)
(ii)  Income tax relating to items that will not be reclassified to profit or loss (0.22) 0.15
B (i)  Items that will be reclassified to profit or loss 0.01 (28.04)
(ii)  Income tax relating to items that will be reclassified to profit or loss 1.21 8.79
Total other comprehensive income 2.89 (23.30)
Total comprehensive income for the year 1,449.14 1,334.44
Net profit attributable to:
Owners of the Holding Company 1,442.33 1,354.39
Non-controlling interest 3.92 3.35
Other comprehensive income attributable to:
Owners of the Holding Company 1.97 (21.72)
Non-controlling interest 0.92 (1.58)
Total comprehensive income attributable to:
Owners of the Holding Company 1,444.30 1,332.67
Non-controlling interest 4.84 1.77
Earnings per equity share
Basic J 45 8.17 7.69
Diluted J 8.14 7.66
Summary of significant accounting policies 6
The accompanying notes are an integral part of these consolidated financial statements
This is the Consolidated Statement of Profit and Loss referred to in our report of even date.

For Walker Chandiok & Co LLP For and on behalf of the Board of Directors
Chartered Accountants
Firm’s Registration No.: 001076N/N500013

Anupam Kumar Dr. Anand Chand Burman Mohit Malhotra P.D. Narang
Partner Chairman Whole Time Director Whole Time Director
Membership No.:501531 DIN: 00056216 DIN: 08346826 DIN: 00021581

Ashok Kumar Jain Lalit Malik

Place : New Delhi EVP (Finance) and Company Secretary Chief Financial Officer
Date : May 2, 2019 M. No.: FCS 4311

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