Consolidated Statement of Profit and Loss for the year ended 31st March, 2014
| Rs.crores | ||||||||||||
| Previous Year | ||||||||||||
| Note | Page | |||||||||||
| (1) | REVENUE | |||||||||||
| 22 | 220 | (a) | Revenue from operations |
1,53,212.79 | 1,38,821.14 | |||||||
| Less: Excise Duty | 4,599.24 | 4,109.60 | ||||||||||
| 1,48,613.55 | 1,34,711.54 | |||||||||||
| 23 | 220 | (b) | Other income | 516.81 | 479.15 | |||||||
| TOTAL REVENUE | 1,49,130.36 | 1,35,190.69 | ||||||||||
| (2) | EXPENSESS | |||||||||||
| (a) | Raw materials consumed | 46,242.98 | 40,643.46 | |||||||||
| (b) | Purchase of finished, semi-finished and other products | 17,008.21 | 18,473.87 | |||||||||
| (c) | Changes in inventories of finished goods, work-in- | |||||||||||
| progress and stock-in-trade | (514.67) | 1,418.92 | ||||||||||
| 24 | 220 | (d) | Employee benefits expense | 20,303.41 | 18,912.00 | |||||||
| 25 | 221 | (e) | Depreciation and amortisation expense | 5,841.22 | 5,575.32 | |||||||
| 26 | 221 | (f) | Finance costs | 4,336.83 | 3,968.11 | |||||||
| 27 | 221 | (g) | Other expenses | 50,689.40 | 44,259.07 | |||||||
| 1,43,907.38 | 1,33,250.75 | |||||||||||
| (h) | Less: Expenditure (other than interest) transferred | |||||||||||
| to capital and other accounts | 1,526.79 | 1,316.99 | ||||||||||
| TOTAL EXPENSESS | 1,42,380.59 | 1,31,933.76 | ||||||||||
| (3) | PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX | 6,749.77 | 3,256.93 | |||||||||
| 28 | 222 | (4) | EXCEPTIONAL ITEMS | |||||||||
| (a) | Provision for diminution in the value of investments | (0.42) | - | |||||||||
| (b) | Profit/(Loss) on sale of non-current investments | 18.20 | 966.03 | |||||||||
| (c) | Provision for impairment of non-current assets | (45.42) | (8,355.91) | |||||||||
| (27.64) | (7,389.88) | |||||||||||
| (5) | PROFIT/(LOSS) BEFORE | 6,722.13 | (4,132.95) | |||||||||
| (6) | TAX EXPENSE | |||||||||||
| (a) | Current tax [Includes a credit of Rs.101.35 crores (2012-13: debit of Rs.76.63 crores) in respect of earlier years] | 3,482.64 | 2,325.40 | |||||||||
| (b) | MAT credit | (0.21) | (410.12) | |||||||||
| (c) | Deferred tax | (424.27) | 1,314.16 | |||||||||
| 3,058.16 | 3,229.44 | |||||||||||
| (7) | PROFIT/(LOSS) AFTER TAX | 3,663.97 | (7,362.39) | |||||||||
| (8) | MINORITY INTEREST | (69.92) | 214.46 | |||||||||
| (9) | SHARE OF PROFIT OF ASSOCIATES | 0.84 | 90.31 | |||||||||
| (10) | Profit/(LOSS) AFTER TAX, MINORITY INTEREST AND(Rs.) | |||||||||||
| SHARE OF PROFIT OF ASSOCIATES | 3,594.89 | (7,057.62) | ||||||||||
| (11) | NOMINAL VALUE PER SHARE (Rs.) | 10.00 | 10.00 | |||||||||
| 29 | 222 | (12) | Basic Earnings per share (Rs.) | 35.19 | (74.54) | |||||||
| 29 | 222 | (13) | Diluted Earnings per share (Rs.) | 35.19 | (74.54) | |||||||
| 1-49 | 194 | Notes to Balance Sheet and Statement of Profit and Loss | ||||||||||
| In terms of our report attached | For and on behalf of the Board |  |
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| For DELOITTE HASKINS & SELLS LLP | CYRUS P MISTRY | Chairman | ||
| Chartered Accountants, | B MUTHURAMAN | Vice Chairman | ||
| NUSLI N WADIA | ||||
| ISHAAT HUSSAIN | ||||
| SUBODH BHARGAVA | ||||
| N VENKATRAM | JACOBUS SCHRAVEN | Directors | ||
| Partner | ANDREW ROBB | |||
| MALLIKA SRINIVASAN | ||||
| D K MEHROTRA | ||||
| O P BHATT | ||||
| KARL-ULRICH KOEHLER | ||||
| KOUSHIK CHATTERJEE | Group Executive Director | |||
| A ANJENEYAN | (Finance & Corporate) | |||
| Mumbai, 14th May, 2014 | Company Secretary | T V NARENDRAN | Managing Director | |