Rs. crores  
                Previous Year  
Note Page                  
  (1) Revenue
22 197   (a) Revenue from operations 1,38,821.14 1,35,975.56
  Less: Excise duty 4,109.60 3,075.86
  1,34,711.54 1,32,899.70
23 197   (b) Other income 479.15 1,573.03
    Total Revenue   1,35,190.69 1,34,472.73
     
(2) Expenses
  (a) Raw materials consumed 40,643.46 45,457.54
(b) Purchase of finished, semi-finished and other products 18,473.87 21,073.43
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,418.92 (785.93)
24 197 (d) Employee benefits expense 18,918.25 17,228.64
25 198 (e) Depreciation and amortisation expense 5,575.32 4,516.65
26 198 (f) Finance costs 3,968.11 4,250.11
27 198 (g) Other expenses 44,252.82 38,366.86
      1,33,250.75 1,30,107.30
(h) Less: Expenditure (other than interest) transferred to capital and other accounts 1,316.99 857.63
  Total Expenses   1,31,933.76 1,29,249.67
(3) Profit before EXCEPTIONAL ITEMS AND TAX 3,256.93 5,223.06
28 199 (4) EXCEPTIONAL ITEMS    
  (a) Profit on sale of non-current investments 966.03 3,361.92
(b) Provision for impairment of non-current assets (8,355.91)
    (7,389.88) 3,361.92
(4,132.95) 8,584.98
(5) Profit/(LOSS) before tax    
(6) Tax Expense
(a) Current tax 2,325.40 3,517.65
(b) MAT credit (410.12) (5.41)
(c) Deferred tax 1,314.16 124.22
    3,229.44 3,636.46
(7) PROFIT/(LOSS) AFTER TAX (7,362.39) 4,948.52
(8) MINORITY INTEREST 214.46 173.14
(9) SHARE OF PROFIT OF ASSOCIATES 90.31 268.11
(10) PROFIT/(LOSS) AFTER TAX, MINORITY INTEREST AND SHARE OF    
PROFIT OF ASSOCIATES (7,057.62) 5,389.77
(11) nominal value PER share (Rs.) 10 10
29 200 (12) Basic Earnings per share (Rs.) (74.54) 54.27
29 200 (13) Diluted Earnings per share (Rs.) (74.54) 53.61
1-44 172 Notes to Consolidated Balance Sheet and Statement of Profit and Loss            
 
 
In terms of our report attached   For and on behalf of the Board    
For DELOITTE HASKINS & SELLS
Chartered Accountants,
CYRUS P MISTRY Chairman
  B MUTHURAMAN Vice Chairman
N VENKATRAM
Partner
NUSLI N WADIA
ISHAAT HUSSAIN
SUBODH BHARGAVA
ANDREW ROBB
D K MEHROTRA
KARL-ULRICH KOEHLER
Directors
       
H M NERURKAR
  Managing Director
Mumbai, 23rd May, 2013 A ANJENEYAN
Company Secretary
KOUSHIK CHATTERJEE Executive Director
& Group CFO