SRS Limited (RHP) - Karvy

SRS LimitedSUMMARY OF STANDALONE PROFITS & LOSSES ACCOUNT, AS RESTATEDParticulars For the year ended March 31,INCOMESALES(Rs. in mn.)2011 2010 2009 2008 2007-of Products Manufactured 9,456.97 7,418.15 - - --of Products Traded 10,598.69 5,433.03 4,787.56 1,543.63 334.15-Direct Incomes 352.35 226.47 215.93 172.55 161.94Other Income 18.42 3.57 11.95 64.54 76.54Increase / (Decrease) in Inventories 348.91 217.40 129.14 97.23 22.92Total 20,775.34 13,298.62 5,144.58 1,877.95 595.55EXPENDITURERaw materials consumed 8,471.55 6,422.05 - - -Purchases of Goods for resale 10,541.17 5,566.96 4,283.36 1,339.65 273.53Staff cost 178.38 128.90 138.60 58.67 33.81Other manufacturing /operational219.76 139.30 151.62 85.23 43.72expensesAdministrative expenses 377.84 329.60 284.95 134.98 69.89Selling and distribution expenses 53.64 37.44 38.66 14.72 7.65Depreciation 119.97 82.11 64.85 28.39 17.42Finance Cost 245.27 167.13 103.60 52.84 18.65Total 20,207.58 12,873.49 5,065.64 1,714.48 464.67Net Profit before Tax andextraordinary items567.76 425.13 78.94 163.47 130.88Taxations 193.88 163.56 23.03 58.72 29.77Net Profit before extraordinary 373.88 261.57 55.91 104.75 101.11ItemsExtraordinary items (net of tax) - - - - -Net Profit after extraordinary Items, 373.88 261.57 55.91 104.75 101.11as restatedAPPROPRIATIONS:Add: Balance brought forward from 628.51 366.94 311.03 206.28 105.17last yearLess: Transfer to General Reserve - - - - -Less: Proposed Dividend & tax- - - - -thereonBalance carried forward, as restated 1,002.39 628.51 366.94 311.03 206.28Note:The above statement should be read with the Notes to the Standalone Restated Summary Statementof Assets and Liabilities, Profits and Losses and Cash Flows of the Company, as included in thesection titled “Financial Information” on page 198 of this Red Herring Prospectus.8