Group | Company | ||||
For the year ended 31 March | Note | 2020
Rs. |
2019 Rs. |
2020
Rs. |
2019
Rs. |
Revenue | 10 | 20,830,888,266 | 22,641,987,898 | 497,330,868 | 514,907,500 |
Cost of sales | (14,696,653,353) | (16,942,697,288) | – | – | |
Gross profit | 6,134,234,913 | 5,699,290,610 | 497,330,868 | 514,907,500 | |
Other income | 11 | 452,594,645 | 322,242,226 | 314,317,165 | 273,005,752 |
Selling and distribution expenses | (2,001,552,253) | (1,733,958,817) | – | – | |
Administrative expenses | (2,016,956,500) | (2,069,243,200) | (427,259,581) | (396,210,061) | |
Impairment of investment in subsidiary/ equity-accounted investee | 24/25 | – | – | (7,648,541) | (87,766,423) |
Gain on disposal of a subsidiary | 24.4 | 340,726,887 | – | – | – |
Operating profit | 12 | 2,909,047,692 | 2,218,330,819 | 376,739,911 | 303,936,768 |
Finance income | 13 | 264,490,489 | 228,475,383 | 120,047,566 | 114,918,099 |
Finance costs | 13 | (608,747,322) | (560,068,282) | (183,975,056) | (178,218,809) |
Net finance costs | (344,256,833) | (331,592,899) | (63,927,490) | (63,300,710) | |
Share of loss of equity-accounted investees, net of tax | (1,413,934) | (5,161,319) | – | – | |
Profit before tax | 2,563,376,925 | 1,881,576,601 | 312,812,421 | 240,636,058 | |
Income tax expenses | 14 | (730,739,358) | (735,942,442) | 7,725,317 | 19,250,174 |
Profit for the year | 1,832,637,567 | 1,145,634,159 | 320,537,738 | 259,886,232 | |
Other comprehensive income | |||||
Items that will not be reclassified to profit or loss | |||||
Remeasurement of retirement benefit liability | (7,926,899) | (291,058,626) | 2,266,758 | (2,351,050) | |
Equity investments at FVOCI – net change in fair value | (40,343,415) | 28,108,968 | (40,343,415) | 22,418,968 | |
Related tax | 11,731,077 | 35,238,729 | 10,661,464 | (5,619,017) | |
(36,539,237) | (227,710,929) | (27,415,193) | 14,448,901 | ||
Items that are or may be reclassified subsequently to profit or loss | |||||
Foreign operations – foreign currency translation differences | 1,183,969 | 2,884,093 | – | – | |
1,183,969 | 2,884,093 | – | – | ||
Other comprehensive income for the year, net of tax | (35,355,268) | (224,826,836) | (27,415,193) | 14,448,901 | |
Total comprehensive income for the year | 1,797,282,299 | 920,807,323 | 293,122,545 | 274,335,133 | |
Profit attributable to: | |||||
Owners of the company | 1,147,045,944 | 646,984,059 | 320,537,738 | 259,886,232 | |
Non-controlling interests | 685,591,623 | 498,650,100 | – | – | |
1,832,637,567 | 1,145,634,159 | 320,537,738 | 259,886,232 | ||
Total comprehensive income attributable to: | |||||
Owners of the company | 1,114,929,101 | 553,211,192 | 293,122,545 | 274,335,133 | |
Non-controlling interest | 682,353,198 | 367,596,131 | – | – | |
Total comprehensive income for the year | 1,797,282,299 | 920,807,323 | 293,122,545 | 274,335,133 | |
Earnings per share | |||||
Basic earnings per share (Rs.) | 16 | 7.67 | 4.43 | 2.14 | 1.78 |
Diluted earnings per share (Rs.) | 16 | 7.67 | 4.43 | 2.14 | 1.78 |
Figures in brackets indicate deductions.
The Group initially applied SLFRS 16 at 1 April 2019, using the modified retrospective approach. Under this approach, comparative information is not restated.
The Notes to the Financial Statements on pages 57 to 159 are integral part of these Consolidated Financial Statements.