Profit & Loss Account

Consolidated Profit & Loss Account

(Rs Crore) Note Year ended
31st march 2017
(Current year)
Year ended
31st march 2016
(previous year)
Income      
  Revenue from Operations 3.1 & 3.2 40,247.17 38,535.01
  Other Income 3.3 947.78 661.60
Total income (I)   41,194.95 39,196.61
Expenses      
  Cost of Materials Consumed 3.4 8,688.85 8,460.42
  Purchases of Stock-in-Trade 3.5 624.41 573.63
  Changes in Inventories of Finished Goods,      
    Work-in-Progress and Stock-in-Trade 3.6 161.75 (31.84)
  IEmployee Benefits Expenses 3.7 2,265.59 2,127.82
  Finance Costs 3.8 702.40 718.09
  Depreciation and Amortisation Expenses 2.1.2 1,807.59 1,833.79
  Power and Fuel   5,795.41 6,013.70
  Freight and Handling Expenses   6,092.09 6,141.91
  Excise Duty   4,178.77 4,047.54
  Other Expenses 3.9 5,076.99 4,851.82
      35,393.85 34,736.88
  Less: Captive Consumption      
    [Net of Excise Duty of ` 1.90 Crore
(Previous Year ` 3.41 Crore )]
  21.82 54.44
  Total expenses (ii)   35,372.03 34,682.44
Profit Before Share in Profit/(Loss) of Equity   5,822.92 4,514.17
Accounted investees, exceptional item and tax      
  Share in Profit/(Loss) of Equity Accounted   129.40 193.02
  Investees (Net of Tax)      
Profit Before Tax and Exceptional Item   5,952.32 4,707.19
  Exceptional Item 2.4.3 - (27.85)
Profit Before Tax   5,952.32 4,679.34
  Tax Expense 3.10    
  Current Tax   1,346.00 855.87
  Deferred Tax   360.71 368.73
  Total tax expense   1,706.71 1,224.60
Profit for the Year (III)   4,245.61 3,454.74
Other Comprehensive income 3.11    
A (i) Items that will not be reclassified to Profit or Loss   1,010.04 98.30
  (ii) Income Tax relating to Items that will not be reclassified to Profit or Loss   (18.39) (11.09)
B (i) Items that will be reclassified to Profit or Loss   (28.32) 147.70
  (ii) Income Tax relating to Items that will be reclassified to Profit or Loss   0.11 (13.22)
Other Comprehensive income for the year (iv)   963.44 221.69
Total Comprehensive income for the year (iii + iv)   5,209.05 3,676.43
Profit attributable to:      
  Owners of the Company   3,167.30 2,468.14
  Non-Controlling Interest   1,078.31 986.60
    4,245.61 3,454.74
Other Comprehensive Income attributable to:      
  Owners of the Company   951.48 209.98
  Non-Controlling Interest   11.96 11.71
    963.44 221.69
Total Comprehensive Income attributable to:      
  Owners of the Company   4,118.78 2,678.12
  Non-Controlling Interest   1,090.27 998.31
    5,209.05 3,676.43
Earnings per equity share (Face value Rs. 2 each) 3.13    
  Basic ( Rs. )   67.85 52.88
  Diluted ( Rs. )   67.77 52.84
Significant Accounting Policies 1    
The accompanying Notes are an integral part of the Financial Statements.