SUMMARY STATEMENT OF PROFIT AND LOSS
Particulars For the year ended For the year ended
March 31, March 31,
2024 2023
Income
Revenue from operations 17,414.03 11,511.28
Other income 386.71 214.41
Total income (I) 17,800.74 11,725.69
Expenses
Cost of raw materials consumed 12,198.52 7,720.54
Purchase of traded goods 534.39 471.06
Changes in inventories of finished goods, traded goods and work-in- progress 29.01 85.40
Employee benefits expense 871.06 723.12
Finance costs 20.27 6.75
Depreciation and amortization expense 102.73 85.58
Other expenses 1,025.59 803.75
Total expenses (II) 14,781.57 9,896.20
Restated Profit before tax (III = I - II) 3,019.17 1,829.49
Tax expenses
Current tax 722.37 460.07
Deferred tax 45.31 10.38
Total tax expenses (IV) 767.68 470.45
Restated Profit for the year (V = III - IV) 2,251.49 1,359.04
Other comprehensive income/(loss)
Other comprehensive income/(loss) not to be reclassified to profit or loss in
subsequent periods:
Re-measurement gain/(loss) on defined benefit plans (0.25) (5.05)
Income tax effect on above 0.06 1.27
Net other comprehensive income/(loss) not to be reclassified to profit or (0.19) (3.78)
loss in subsequent periods (VI)
Other comprehensive income to be reclassified to profit or loss in subsequent
periods:
Net gain on debt instruments through Other Comprehensive Income 1.95 -
Income tax effect on above (0.49) -
Net other comprehensive income/(loss) not to be reclassified to (0.19) (3.78)
profit or loss in subsequent periods (VI)
Other comprehensive income to be reclassified to profit or loss in subsequent
periods:
Net gain on debt instruments through Other Comprehensive Income 1.95 -
Income tax effect on above (0.49) -
Net other comprehensive income to be reclassified to profit or loss in 1.46 -
subsequent periods (VII)
Other comprehensive income/(loss) for the year, net of tax (VIII = VI + VII) 1.27 (3.78)
Restated Total comprehensive income for the year (IX = V + VIII) 2,252.76 1,355.26
Restated Earnings per equity share
Basic (₹) 19.68 11.88
Diluted (₹) 19.58 11.88
(in ₹ million, except as
otherwise stated)
For the year ended
March 31, 2022
7,632.89
85.64
7,718.53
4,090.86
352.60
1,038.63
668.84
4.21
81.95
577.17
6,814.26
904.27
231.78
10.41
242.19
662.08
2.26
(0.57)
1.69
-
-
1.69
-
-
-
1.69
663.77
5.79
5.79
SUMMARY STATEMENT OF CASH FLOWS
Particulars For the year ended For the year ended
March 31, 2024 March 31, 2023
A. Operating activities
Restated profit before tax 3,019.17 1,829.49
Adjustment to reconcile Restated profit before tax to net cash flows:
Depreciation and amortization expenses 102.73 85.58
Impairment allowance (allowance for bad and doubtful debts) 20.25 11.53
Provision for warranty 110.71 122.45
Liabilities no longer required written back (7.21) (13.52)
Share based payment expense 37.23 -
Loss on disposal/retirement of property, plant and equipment and 7.74 1.01
intangibles (net)
Net gain on disposal / fair valuation of investments carried at fair value through (306.30) (152.11)
profit or loss
Finance costs 20.27 6.75
Interest income (69.92) (31.83)
Operating profit before working capital changes 2,934.67 1,859.35
Working capital adjustments
Decrease in provisions (68.36) (71.88)
Increase/ (Decrease) in trade payables 485.39 1,016.50
Decrease in other financial liabilities (5.07) (28.34)
Increase / (Decrease) in other liabilities 120.49 (118.12)
(Increase) / Decrease in inventories (537.38) (6.27)
(Increase) / Decrease in trade receivables (152.22) (214.40)
(Increase) / Decrease in other financial assets (17.78) (40.44)
Decrease / (Increase) in other assets 60.11 (79.70)
Cash generated from operations 2,819.85 2,316.70
Income tax paid (net of refund) (745.12) (469.68)
Net cash generated from operating activities (I) 2,074.73 1,847.02
B. Investing activities
Purchase of property, plant and equipment, intangible assets, capital work- in-progress (233.18) (171.80)
Interest received 56.08 8.56
Proceeds from sale of property, plant and equipment 11.05 7.42
Investments in bank deposits (0.50) (20.40)
Proceeds from bank deposits 4.43 78.45
Proceeds from sale of investment in mutual funds, bonds and NCDs 5,409.32 4,673.92
Investment in mutual funds, bonds and NCDs (6,403.01) (6,508.00)
Net cash used in investing activities (II) (1,155.81) (1,931.85)
C. Financing activities
Interest paid on borrowings (2.69) (2.64)
Interest paid on lease liability (1.61) (0.29)
Interim dividend paid (248.40) -
Repayment of long term borrowings - -
Payment of principal portion of lease liabilities (1.86) (0.43)
Net cash used in financing activities (III) (254.56) (3.37)
Net increase / (decrease) in cash and cash equivalents (IV = I + II + III) 664.36 (88.20)
(in ₹ million)
For the year ended
March 31,
2022
904.27
81.95
(10.29)
97.24
(0.91)
-
0.91
(64.34)
4.21
(12.78)
1,000.26
(72.18)
(794.96)
(1.62)
88.14
816.40
62.35
11.91
(13.56)
1,096.73
(249.49)
847.24
(145.65)
10.84
6.66
(658.52)
1,592.00
755.97
(2,846.71)
(1,285.42)
(2.43)
-
-
(1.58)
-
(4.01)
(442.19)
