Profit & Loss Account for the year ended 31st March,2008 |
(Rs. in lacs)
|
|
Schedule |
2007-2008 |
2006-2007 |
INCOME
|
Gross Sales |
14 |
149673.93 |
126480.61 |
Less: Excise Duty
|
|
20428.23 |
16372.82 |
Sales Tax (Refer Note
No.11 on Schedule 24)
|
|
? |
427.19 |
20428.23 |
16800.01 |
Net Sales |
|
129245.70 |
109680.60 |
Know how and Service Fees |
|
332.08 |
543.06 |
Other Income |
15 |
1747.14 |
1438.64 |
|
|
131324.92 |
111662.30 |
|
EXPENDITURE |
|
|
|
Decrease/(Increase) in stock |
16 |
149.98 |
(659.98) |
Excise Duty on Stocks Refer Note No. 13 on Schedule 24) |
|
(20.42) |
45.36 |
Purchase of trading goods |
|
2375.05 |
594.37 |
Raw material & components consumed |
17 |
34259.75 |
32212.69 |
Manufacturing, Administrative, Selling and Other Expenses |
18 |
58563.94 |
52739.62 |
Directors' Remuneration |
19 |
187.00 |
66.86 |
Interest (net) |
20 |
1751.87 |
3270.24 |
Depreciation/ Amortisation |
21 |
2707.36 |
2622.17 |
|
|
99974.53 |
90891.33 |
Profit Before Taxation & Prior Period Items |
31350.39 |
20770.97 |
Less: Prior Period Items |
22 |
? |
1168.55 |
Profit Before Taxation |
|
31350.39 |
19602.42 |
Provision for taxation : |
|
|
|
Current Tax |
|
10120.90 |
2176.20 |
MAT Credit Entitlement (Net) |
(121.68) |
(2,349.40) |
Fringe benefits Tax |
|
125.00 |
105.00 |
Deferred tax |
|
778.15 |
6603.14 |
Excess provision for taxation written back |
(0.12) |
(0.77) |
Profit after Taxation |
|
20448.14 |
13068.25 |
Debenture Redemption Reserve Written back |
1466.00 |
239.00 |
Surplus brought forward last year |
|
2796.25 |
436.34 |
Less: Impact of Revised AS-15 as on 1st April 2006(Net of tax) |
? |
203.66 |
2796.25 |
232.68 |
(Refer Note no. 14 on Schedule 24) |
|
|
Profit available For Appropriations |
24710.39 |
13539.93 |
APPROPRIATIONS |
|
|
|
Capital Redemption Reserve |
|
1300.00 |
- |
Debenture Redemption Reserve |
|
1250.00 |
1250.00 |
General Reserve |
|
5000.00 |
7,500.00 |
Dividends |
23 |
2443.14 |
1723.73 |
Provision for tax on Dividends |
|
415.21 |
269.95 |
Balance carried to the balance sheet |
|
14302.04 |
2796.25 |
|
|
24710.39 |
13539.93 |
Basic and diluted Earning per share (EPS) (Face value of Rs.1 each) |
|
91.45 |
19.91 |
EPS after period Period Item |
Rs. |
11.94 |
8.70 |
EPS before Prior Period Item
(Refer Note NO.9 on Schedule 24) |
Rs. |
11.94 |
8.20 |
ACCOUNTING POLICIES AND NOTES TO THE ACCOUNTS |
24 |
|
|