Page 75 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
REPORTS
STATEMENTS
REPORT
Board’s Report

Board’s Report

TO THE MEMBERS OF TATA CHEMICALS LIMITED
The Directors hereby present their Eighty-Third (83 ) Annual Report on the performance of Tata Chemicals Limited (‘the Company’)
rd
together with the Audited Financial Statements for the Financial Year (‘FY’) ended March 31, 2022.
1. Financial Results

` in crore
Standalone Consolidated
Particulars Year ended Year ended Year ended Year ended
March 31, 2022 March 31, 2021 March 31, 2022 March 31, 2021
Revenue from continuing operations 3,721 2,999 12,622 10,200
Profit before depreciation and finance costs 1,229 830 2,550 1,735
Depreciation and amortisation expense 222 197 806 760
Profit before finance costs 1,007 633 1,744 975
Finance costs 19 19 303 367
Profit before share of profit of joint ventures and tax 988 614 1,441 608

Share of profit of joint ventures - - 226 26
Profit before tax 988 614 1,667 634
Tax expense 201 135 267 198
Profit from continuing operations after tax 787 479 1,400 436
Profit from discontinued operations after tax 15 - 5 -
Profit for the year 802 479 1,405 436
Attributable to:
- Equity shareholders of the Company 802 479 1,258 256
- Non-controlling interests - - 147 180
Other comprehensive income (‘OCI’) 1,538 1,081 2,960 1,417
Total comprehensive income 2,340 1,560 4,365 1,853

Balance in retained earnings at the beginning of the year 6,078 5,860 6,254 6,186
Profit for the year 802 479 1,258 256
(attributable to equity shareholders of the Company)
Remeasurement of defined employee benefit plans (net of tax) 17 21 359 93
Dividends including tax on dividend # (255) (280) (255) (280)
Others - (2) - (1)
Balance in retained earnings at the end of the year 6,642 6,078 7,616 6,254

# Dividend declared in the previous year and paid during the respective reporting year

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