Annual Report FY2011 - Sujana Group

SUJANA UNIVERSAL INDUSTRIES LIMITED
PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED 31st MARCH, 2011
I
: : 48 : :
(Amount in Rupees)
SCH. For The For The
REF Period Ended Year Ended
31.03.2011 30.09.2009
(18 Months) (12 Months)
INCOME
a) Sales 11 38,774,186,500 13,977,331,591
b) Other Income 12 204,052,327 48,259,356
c) Increase / (Decrease) in Stock 13 29,979,458 (526,493,721)
Total 39,008,218,285 13,499,097,226
II EXPENDITURE
a) Material Consumed & Bought out goods 14 36,924,540,503 12,246,616,871
b) Manufacturing, Administrative & Selling Exp. 15 509,868,617 449,891,003
c) Depreciation 4 409,023,638 251,993,769
d) Financial Expenses 16 828,476,036 264,443,049
Total 38,671,908,794 13,212,944,692
III PROFIT BEFORE PRIOR PERIOD 336,309,491 286,152,534
ADJUSTMENTS AND TAX
IV PRIOR PERIOD ADJUSTMENTS 13,741,933 (29,917,541)
V PROFIT BEFORE TAX 350,051,424 256,234,993
VI PROVISION FOR TAXES
- Current Tax 87,000,000 44,210,567
- Deferred Tax Liability / (Assets) (8,907,820) 11,358,395
- Fringe Benefit Tax - 568,065
VII PROFIT AFTER TAX 271,959,244 200,097,966
Add: Balance brought forward from previous year 1,651,176,437 1,453,904,219
Excess Provision for Tax in earlier years 62,469,634 -
VIII PROFIT AVAILABLE FOR APPROPRIATIONS 1,985,605,315 1,654,002,185
Proposed dividend on Cumulative Redeemable
Preference Shares 3,654,300 2,436,200
Dividend Tax 606,934 389,548
BALANCE CARRIED TO BALANCE SHEET 1,981,344,081 1,651,176,437
Significant Account Policies 17
Notes to Accounts 18
Earnings Per Share (Face Value of Rs.10 each)
Basic 2.05 1.59
Diluted 1.84 1.59
As per our report of even date
For and on behalf of the Board
T. Raghavendra & Associates
Chartered Accountants S. Hanumantha Rao G. Srinivasa Raju
T. Raghavendra Director Managing Director
Mem. No. 023806
Place : Hyderabad Place : Hyderabad N. Ravi Kiran
Date : 21.07.2011 Date : 21.07.2011 Company Secretary