Page 265 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
REPORT
REPORTS
STATEMENTS
Consolidated

Consolidated Statement of Profit and Loss for the year ended March 31, 2022
` in crore
Year ended Year ended
Note March 31, 2022 March 31, 2021
I. Income
a) Revenue from operations 27 12,622.12 10,199.80
b) Other income 28 255.98 234.42
Total Income (a + b) 12,878.10 10,434.22
II. Expenses
a) Cost of materials consumed 2,423.91 2,081.16
b) Purchases of stock-in-trade 335.96 322.85
c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 29 (122.56) (7.09)
d) Employee benefits expense 30 1,540.00 1,399.74
e) Finance costs 31 302.84 367.37
f) Depreciation and amortisation expense 32 806.12 759.32
g) Other expenses 33 6,140.18 4,902.50
Total expenses (a to g) 11,426.45 9,825.85
III. Profit before exceptional items, share of profit of joint ventures and associate and tax (I-II) 1,451.65 608.37
IV. Exceptional item (net) 34 (11.04) -
V. Profit before share of profit of joint ventures and associate and tax (III-IV) 1,440.61 608.37
VI. Share of profit of joint ventures and associate (net of tax) 9(a), 226.02 25.62
9(b)
VII. Profit before tax (V+VI) 1,666.63 633.99
VIII. Tax expense
(a) Current tax 35 274.33 225.79
(b) Deferred tax 35 (7.85) (28.02)
Total tax expense (a+b) 266.48 197.77
IX. Profit for the year from continuing operations (VII-VIII) 1,400.15 436.22
X. Exceptional gain from discontinued operations (net) 36(i) 28.37 -
XI. Share of loss of joint ventures (net of tax) 9(a), (10.08) -
36(ii)
XII. Tax expense of discontinued operations 36(i) 13.31 -
XIII. Profit for the year from discontinued operations (X+XI-XII) 4.98 -
XIV. Profit for the year (IX+XIII) 1,405.13 436.22
XV. 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 1,690.83 1,188.93
- Remeasurement of defined employee benefit plans (note 40) 396.57 175.12
(ii) Income tax relating to items that will not be reclassified to the Consolidated Statement of Profit and Loss 207.88 215.82
(iii) Share of other comprehensive income in joint ventures (net of tax) 109.30 167.29
B (i) Items that will be reclassified to the Consolidated Statement of Profit and Loss
- Effective portion of gain/(loss) on cash flow hedges 1,034.28 291.06
- Changes in foreign currency translation reserve 128.62 (178.47)
(ii) Income tax relating to items that will be reclassified to the Consolidated Statement of Profit and Loss 196.98 8.63
(iii) Share of other comprehensive income in joint ventures (net of tax) 4.72 (3.12)
Total other comprehensive income - gain (net of tax) (A (i-ii+iii) +B (i-ii+iii)) 2,959.46 1,416.36
XVI. Total comprehensive income for the year (XIV+XV) 4,364.59 1,852.58
XVII. Profit for the year from continuing operations (IX)
Attributable to:
(i) Equity shareholders of the Company 1,252.64 256.37
(ii) Non-controlling interests 147.51 179.85
1,400.15 436.22
XVIII. Profit for the year from discontinued operations (XIII)
Attributable to:
(i) Equity shareholders of the Company 4.98 -
(ii) Non-controlling interests - -
4.98 -
XIX. Profit for the year (XIV)
Attributable to:
(i) Equity shareholders of the Company 1,257.62 256.37
(ii) Non-controlling interests 147.51 179.85
1,405.13 436.22
XX. Other comprehensive income - gain/(loss) (net of tax) (XV)
Attributable to:
(i) Equity shareholders of the Company 2,959.78 1,415.66
(ii) Non-controlling interests (0.32) 0.70
2,959.46 1,416.36
XXI. Total comprehensive income for the year (XVI)
Attributable to:
(i) Equity shareholders of the Company 4,217.40 1,672.03
(ii) Non-controlling interests 147.19 180.55
4,364.59 1,852.58
XXII. Earnings per share for continuing operations (in `)
- Basic and Diluted 37 49.17 10.06
XXIII. Earnings per share for discontinued operations (in `)
- Basic and Diluted 37 0.20 -
XXIV. Earnings per share for continuing and discontinued operations (in `)
- Basic and Diluted 37 49.37 10.06
Notes 1 to 50 are integral part of these Consolidated Financial Statements
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
(ICAI M. No.: 203896)
Membership No. 046476 Rajiv Chandan General Counsel & Company Secretary
Mumbai, April 29, 2022 (ICSI M. No.: FCS 4312)
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