Profit & Loss Account for the year ended 31st March,2007 |
(Rs. in lacs)
|
|
Schedule |
2006-2007 |
2005-2006 |
INCOME
|
Gross Sales |
14 |
126480.61 |
100862.13 |
Less: Excise Duty
|
|
16372.82 |
15669.00 |
Sales Tax (Refer Note
No.12 on Schedule 24)
|
|
427.19 |
162.75 |
16800.01 |
15831.75 |
Net Sales |
|
109680.60 |
85030.38 |
Know how and Service Fees |
|
543.06 |
731.18 |
Other Income |
15 |
1438.64 |
1455.11 |
|
|
111662.30 |
87216.67 |
|
EXPENDITURE |
|
|
|
Decrease/(Increase) in stock |
16 |
(659.98) |
898.07 |
Excise Duty on Stocks(Refer Note No. 13 on Schedule 24) |
|
45.36 |
(217.52) |
Purchase of trading goods |
|
594.37 |
230.57 |
Raw material & components consumed |
17 |
32212.69 |
26371.39 |
Manufacturing, Administrative, Selling and Other Expenses |
18 |
52739.62 |
47691.84 |
Directors' Remuneration |
19 |
66.86 |
39.61 |
Interest (net) |
20 |
3270.24 |
4190.32 |
Depreciation/ Amortisation |
21 |
2622.17 |
2660.89 |
|
|
90891.33 |
81865.17 |
Profit Before Taxation & Prior Period Items |
20770.97 |
5351.50 |
Less: Prior Period Items |
22 |
1168.55 |
1847.53 |
Profit Before Taxation |
|
19602.42 |
3503.97 |
Provision for taxation : |
|
|
|
Current Tax |
|
2176.20 |
193.00 |
MAT Credit Entitlement(Refer Note NO. 5 on Schedule 24) |
2349.40 |
- |
Fringe benefits Tax |
|
105.00 |
151.41 |
Deferred tax |
|
6603.14 |
1012.75 |
Excess provision for taxation written back |
(077) |
(10.97) |
Profit after Taxation |
|
13068.25 |
2157.78 |
Debenture Redemption Reserve Written back |
239.00 |
270.00 |
Profit/(Loss) brought forward last year |
|
436.34 |
(1204.91) |
Less: Impact of Revised AS-15 as on 1st April 2006(Net of tax) |
203.66 |
- |
232.68 |
(1204.91) |
(Refer Note no. 14 on Schedule 24) |
|
|
Profit available For Appropriations |
13539.93 |
1222.87 |
APPROPRIATIONS |
|
|
|
Debenture Redemption Reserve |
|
1250.00 |
- |
General Reserve |
|
7500.00 |
- |
Dividends |
23 |
1723.73 |
689.79 |
Provision for tax on Dividends |
|
269.95 |
96.74 |
Balance carried to the balance sheet |
|
2796.25 |
436.34 |
|
|
13539.93 |
1222.87 |
Basic and diluted Earning per share (EPS) (Face value of Rs.10 each) |
|
|
|
EPS after period Period Item |
Rs. |
91.45 |
19.91 |
EPS before Prior Period Item
(Refer Note NO.10 on Schedule 24) |
Rs. |
86.22 |
12.70 |
ACCOUNTING POLICIES AND NOTES TO THE ACCOUNTS |
24 |
|
|