Consolidated Profit and Loss

for the year ended 31st March 2014

(₹ in Crores)  

Note No. 2013-2014 2012-2013
INCOME      
Revenue from operations (Gross)   279.33 741.20
(Refer para no.  11 of note 24 )      
Other Income  19 105.68 189.03
Total Revenue ( A )   385.01 930.23
EXPENSES      
Purchase of traded  finished  goods   0.00 0.75
Changes  in  traded  finished goods   0.01 (0.75)
Total changes in traded goods ( B )   0.01 -
Realty cost incurred  (Refer para no. 25 of Note 24)   4.40 717.25
Changes  in finished Goods   55.11 (127.95)
Changes  in realty work -in- progress   54.08 (201.16)
Total Cost of realty sales   ( C )   113.59 388.14
Employee benefit expenses  20 57.20 70.16
Finance costs 21 104.95 161.63
Depreciation   6.53 6.62
Other expenses 22 57.1 86.36
Expenses ( D )   225.78 324.77
Total Expenses E = (B+C+D)   339.38 712.91
Profit before tax ( F ) = ( A-E )   45.63 217.32
Less :   Tax expense      
Current tax   12.63 45.24
MAT credit entitlement   (10.33) (23.63)
Tax Effect on Debenture issue expenses   4.16 -
Tax Effect on  Merger  Scheme   21.05 -
    27.51 21.61
Deferred tax   (24.24) 0.14
Total tax expense ( G )   3.27 21.75
Profit after tax  Before Minority Profit and Share in Associates Profit (F- G )   42.36 195.57
Add  : Share in profit/(loss) of associates companies   0.24 0.2
Less    : Share of minority in profit   (0.78) (0.55)
Net Profit After Tax  before prior period expense/(income)   41.82 195.22
Prior Period expenses /(income)   (0.01) (0.12)
Net Profit After Tax   41.83 195.34
Earning per equity share - Face value of ` 2 (P.Y. ` 2)      
(Refer para no.  23  Of note no. 24)      
Basic   1.5 7
Diluted   1.5 7
Significant accounting policies 23    
Notes forming part of accounts  24    
Notes forming part of accounts 23    

As per our attached report of even date

    For and on behalf of the Board of Directors

For Haribhakti & Co.
Chartered Accountants

Urvi A. Piramal
Chairperson

Rajeev A. Piramal
Vice Chairman &
Managing Director

Mahesh S. Gupta
Group Managing Director

Chetan Desai
Partner

D.M. Popat
Director

Amitabha Ghosh
Director

Dr. Ajay Dua
Director

 

Sudhindar Khanna
Director

Deepak Summanwar
Director

 

Place: Mumbai
Date : 26th May 2014

Bharat Sanghavi
Chief Financial Officer

Rajashekhar Reddy
Company Secretary