Page 103 - Tata_Chemicals_yearly-reports-2017-18

Consolidated performance for the year ended 31 March, 2018 4. Power and fuel:
` in crore
Consolidated Statement of Profit and Loss - Continuing
operations Entity Year ended Year ended Change %
31 March, 31 March, Change
1. Revenue from operations (net): 2018 2017
TCL 474 378 96 25
` in crore
HFUK 455 457 (2) -
Entity Year ended Year ended Change % TCNA 290 287 3 1
31 March, 31 March, Change
Rallis 54 41 13 32
2018 2017
Tata Chemicals Limited - 3,524 3,837 (313) (8) Total 1,273 1,163 110 9
(‘TCL’)
Homefield Pvt UK Limited - Power and fuel increased primarily in India, HFUK and TCNA on
Group (‘HFUK’) 2,124 2,205 (81) (4) account higher input fuel cost, offset by depreciating GBP and USD
Tata Chemicals North exchange rates against INR.
America Inc (‘TCNA’) 3,257 3,242 15 - Integrated Report
Rallis India Limited (‘Rallis’) 1,809 1,768 41 2 5. Freight and forwarding charges:
Others and Eliminations (369) (371) 2 1 ` in crore
Total 10,345 10,681 (336) (3) Entity Year ended Year ended Change %
Less: Excise duty (76) (335) 259 (77) 31 March, 31 March, Change
Revenue from operations 2018 2017
(net) 10,269 10,346 (77) (1) TCL 397 404 (7) (2)
HFUK 236 219 17 8
Revenue from operations (net) has decreased primarily due to :
TCNA 873 853 20 2
a. Inorganic Chemicals: Lower volumes of soda ash from India as Rallis 73 54 19 35
well as HFUK and depreciating USD and GBP exchange rates Total 1,579 1,530 49 3
against INR. Freight and forwarding charges increased at HFUK and TCNA primarily
due to higher volume and price mix, offset by depreciating GBP and
b. Rallis: Higher volumes of agri products.
USD exchange rates against INR.
2. Cost of materials consumed: Statutory Reports
6. Finance costs:
` in crore ` in crore
Entity Year ended Year ended Change % Entity Year ended Year ended Change %
31 March, 31 March, Change 31 March, 31 March, Change
2018 2017 2018 2017
TCL 531 480 51 11 TCL 87 101 (14) (14)
HFUK 112 154 (42) (27) HFUK 121 69 52 75
Rallis 830 739 91 12
TCNA 100 103 (3) (3)
Others and Eliminations (82) (31) (51) 165
Rallis 4 10 (6) (60)
Total 1,391 1,342 49 4
Others and Eliminations 14 14 - -
Cost of materials consumed increased primarily at Rallis for agri Total 326 297 29 10
business due to higher volumes.
Increase in HFUK due to lower MTM gain as compared to previous year
3. Purchases of stock-in-trade: and amortisation of upfront fees on account of refinancing of loan.
TCL, TCNA and Rallis lower due to repayment of loan and reduced
` in crore
working capital borrowings. Financial Statements
Entity Year ended Year ended Change %
31 March, 31 March, Change 7. Other expenses:
2018 2017 ` in crore
TCL 219 449 (230) (51)
Entity Year ended Year ended Change %
HFUK 332 391 (59) (15)
31 March, 31 March, Change
TCNA 18 22 (4) (18) 2018 2017
Rallis 202 110 92 84 TCL 665 772 (107) (14)
Others and Eliminations (302) (353) 51 (14) HFUK 418 454 (36) (8)
Total 469 619 (150) (24) TCNA 796 822 (26) (3)
Purchases of stock-in-trade decreased primarily in India on account Rallis 203 307 (104) (34)
of pulse business towards reconfiguration of supply chain and HFUK Others and Eliminations 16 (19) 35 (184)
due to depreciating GBP exchange rates against INR. Total 2,098 2,336 (238) (10)

Management Discussion and Analysis 101