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7 Earnings per Share (Rupees in lakhs)<br />
Particulars<br />
Period ended<br />
31-03-2011<br />
Year ended<br />
30-09-2009<br />
Profit After Tax and Minority Interest 2,281.94 3,983.26<br />
Less: Preference Dividend including tax there on 29.24 41.32<br />
Profit attributable to equity share holders 2,252.70 3,941.94<br />
Profit attributable to equity share holders- for Diluted EPS 2,252.70 3,965.79<br />
Weighted average number of ordinary shares used in computing<br />
Basic Earnings per Share<br />
Add: Effect of potential ordinary (equity shares) on conversion of<br />
share warrants and restructuring of loans by SASF.<br />
Weighted average number of ordinary (equity shares) used in<br />
computing Diluted Earnings Per Share.<br />
Earnings per share - Face Value: Rs. 5/- each<br />
171,639,557 67,793,510<br />
6,992,102 14,211,585<br />
178,631,659 82,005,095<br />
Basic- Rs. 1.31 5.81<br />
Diluted- Rs. 1.26 4.84<br />
8 Deferred Tax<br />
Deferred Tax Liability (Net) as at March 31,2011 comprises of the following<br />
(Rupees in lakhs)<br />
Particulars<br />
A) Deferred Tax Liability:<br />
As at<br />
31.03.2011<br />
Movement<br />
during the period<br />
Adjustment (Ref<br />
Note below)<br />
As at<br />
30.09.2009<br />
Depreciation 6,577.47 1,251.52 68.27 5,394.23<br />
Total Deferred Tax Liability 6,577.47 1,251.52 68.27 5,394.23<br />
B) Deferred Tax Asset:<br />
Provision for Employee Benefits 83.06 27.57 — 55.49<br />
Provision for doubtful debts /<br />
advances<br />
309.27 27.55 — 281.72<br />
Total Deferred Tax Asset 392.33 55.12 — 337.21<br />
Deferred Tax Liability (Net)(A-B) 6,185.14 1,196.40 68.27 5,057.02<br />
Note: Adjustment represents the difference in deferred tax liability between management accounts and<br />
audited accounts in one of the subsidiary company relating to earlier years.<br />
9 Adjustment represents the difference in the net profit after tax between management accounts and<br />
audited accounts in respect of subsidiaries to the extent of Rs. 68.33 lakhs relating to previous years.<br />
Had this amount has been accounted as current period income the profit after tax would have been<br />
higher by Rs.68.33 lakhs and correspondingly Basic and Diluted EPS would have been Rs.1.35 and<br />
Rs.1.30 as against the Basic and Diluted EPS of Rs.1.31 and Rs.1.26.<br />
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