Board Report

Dear Members,

Your Directors have pleasure in presenting the Twenty Third (23rd) Annual Report, together with the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2018 (“FY 2018”).

Financial Performance

A summary of the Company’s financial performance in FY 2018 is as follows:

(₹ in Lakhs)

Particulars Standalone Consolidated
FY 2018 FY 2017 FY 2018 FY 2017
Sales & Other Income 3,00,316.45 256,055.47 3,04,147.67 259,813.14
Profit before Interest, Depreciation & Tax but after exceptional items 46,911.59 24,890.39 46,316.64 24,370.37
Less: Interest - - - -
Less: Depreciation 15,587.75 15,115.25 16,010.58 15,543.22
Profit / (Loss) before Tax 31,323.84 9,775.14 30,306.06 8,827.15
Less: Provision for Taxation 10,683.36 3,049.69 10,683.36 3,049.69
Profit / (Loss) after Tax 20,640.48 6,725.45 19,622.70 5,777.46

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Board Report