Page 229 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 60-146 Consolidated

Consolidated Statement of Profit and Loss for the year ended March 31, 2021
` in crore
Year ended Year ended
Note March 31, 2021 March 31, 2020
I. Incomes
a) Revenue from operations 27 10,199.80 10,356.75
b) Other income 28 234.42 311.12
Total income (a+b) 10,434.22 10,667.87
II. Expenses
a) Cost of materials consumed 2,081.16 1,844.23
b) Purchases of stock-in-trade 322.85 252.44
c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 29 (7.09) (128.27)
d) Employee benefits expense 30 1,399.74 1,375.37
e) Finance costs 31 367.37 341.91
f) Depreciation and amortisation expense 32 759.32 666.47
g) Other expenses 33 4,902.50 5,063.81
Total expenses (a to g) 9,825.85 9,415.96
III. Profit before share of profit of joint ventures and tax (I-II) 608.37 1,251.91
IV. Share of profit/(loss) of joint ventures (net of tax) 9(a) 25.62 (3.85)
V. Profit before tax (III+IV) 633.99 1,248.06
VI. Tax expense
(a) Current tax 35 225.79 266.33
(b) Deferred tax 35 (28.02) (46.68)
Total tax expense (a+b) 197.77 219.65
VII. Profit for the year from continuing operations (V-VI) 436.22 1,028.41
VIII. Exceptional gain from discontinued operations (net) 36 - 6,128.08
IX. Share of profit of joint ventures (net of tax) 9(a), 36 - 31.34
X. Tax expense of discontinued operations 36 - (40.32)
XI. Profit for the year from discontinued operations (VIII+IX-X) - 6,199.74
XII. Profit for the year (VII+XI) 436.22 7,228.15
XIII. Other comprehensive income (net of tax) ('OCI') - gain/(loss)
A (i) Items that will not be reclassified to the Consolidated Statement of Profit and Loss
- Changes in fair value of investments in equities carried at fair value through OCI 1,188.93 (579.88)
- Remeasurement of defined employee benefit plans (note 40) 175.12 (68.58)
(ii) Income tax relating to items that will not be reclassified to the Consolidated Statement of Profit 215.82 (95.79)
and Loss
(iii) Share of other comprehensive income in joint ventures (net of tax) 167.29 (76.39)
B (i) Items that will be reclassified to the Consolidated Statement of Profit and Loss
- Effective portion of gain/(loss) on cash flow hedges 291.06 (230.77)
- Changes in foreign currency translation reserve (178.47) 439.14
(ii) Income tax relating to items that will be reclassified to the Consolidated Statement of Profit and 8.63 (4.20)
Loss
(iii) Share of other comprehensive income in joint ventures (net of tax) (3.12) 10.19
Total other comprehensive income - gain/(loss) (net of tax) (A (i-ii+iii) +B (i-ii+iii)) 1,416.36 (406.30)
XIV. Total comprehensive income for the year (XII+XIII) 1,852.58 6,821.85
XV. Profit for the year from continuing operations (VII)
Attributable to:
(i) Equity shareholders of the Company 256.37 806.59
(ii) Non-controlling interests 179.85 221.82
436.22 1,028.41
XVI. Profit for the year from discontinued operations (XI)
Attributable to:
(i) Equity shareholders of the Company - 6,199.74
(ii) Non-controlling interests - -
- 6,199.74
XVII. Profit for the year (XII)
Attributable to:
(i) Equity shareholders of the Company 256.37 7,006.33
(ii) Non-controlling interests 179.85 221.82
436.22 7,228.15
XVIII. Other comprehensive income (net of tax) (XIII)
Attributable to:
(i) Equity shareholders of the Company 1,415.66 (456.88)
(ii) Non-controlling interests 0.70 50.58
1,416.36 (406.30)
XIX. Total comprehensive income for the year (XIV)
Attributable to:
(i) Equity shareholders of the Company 1,672.03 6,549.45
(ii) Non-controlling interests 180.55 272.40
1,852.58 6,821.85
XX. Earnings per share for continuing operations (in `)
- Basic and Diluted 37 10.06 31.66
XXI. Earnings per share for discontinued operations (in `)
- Basic and Diluted 37 - 243.36
XXII. Earnings per share for continuing and discontinued operations (in `)
- Basic and Diluted 37 10.06 275.02
Notes forming part of the Consolidated Financial Statements 1-49
As per our report of even date attached For and on behalf of the Board
For B S R & Co. LLP N. Chandrasekaran Chairman
Chartered Accountants (DIN: 00121863) Director
Padmini Khare Kaicker
Firm's Registration No: 101248W/W - 100022 (DIN: 00296388)
R. Mukundan Managing Director and CEO
Vijay Mathur (DIN: 00778253)
Partner Nandakumar S. Tirumalai Chief Financial Officer
Membership No. 046476 (ICAI M. No.: 203896) General Counsel & Company Secretary
Rajiv Chandan
Mumbai, May 3, 2021 (ICSI M. No.: FCS 4312)
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