14 Annual Report 2007-08 - Tata Technologies

Profit and Loss Account for the year ended March 31, 2008In Rs. LakhsSchedule March 31, 2008 March 31, 200INCOMEIncome from Seices......................................................................... A 23,734.26 20,032.56Sale of Products.................................................................................... B 3,898.24 2,645.96Other Income........................................................................................ C 351.07 1,365.627,983.57 24,044.28EXPENDITURECost of Traded Items & Seices...................................................... D 3,099.24 2,2.35AMC Charges......................................................................................... E 508.80 589.12Consultancy fees, Softwares and others...................................... F 1,122.22 1,093.99Payroll and Related Expenses.......................................................... G 15,391.94 14,824.60Communication Expenses................................................................ H 182.02 164.33Administration & Marketing Expenses........................................ I 2,611.12 2,8.96Finance Charges................................................................................... J 9.31 6.08Depreciation and amortisation...................................................... 4 708.14 60.42Preliminary and Deferred Expenditure Written Off................. – 6.24Proision / (Writeback) for Bad and Doubtful debts............... 19.32 13.8823,652.11 22,289.9PROFIT / (LOSS) BEFORE TAX 4,331.46 1,.31Proision for Taxation urrent Tax....................................................................................... 1,316.84 492.52 Tax for earlier year......................................................................... 79.51 – Deferred Tax charge / (credit)................................................... 2.77 52.34 Fringe Benefit Tax.......................................................................... 91.12 80.46PROFIT / (LOSS) AFTER TAX 2,841.22 1,128.99Balance Brought forward from Preious Year............................ 1,679.79 1,194.16Add Writeback of Proision for Diminution in alue of– 300.00Inestments...........................................................................................PROFIT AVAILABLE FOR APPROPRIATIONS 4,521.01 2,623.15APPROPRIATIONSDiidend.................................................................................................. Interim Diidend........................................................................... 721.03 – Final Diidend................................................................................ 721.03 08.03Tax on diidend.................................................................................... 245.08 120.33Transfer to General Resee............................................................. 300.00 115.00Balance carried to Balance Sheet................................................... 2,533.87 1,69.94,521.01 2,623.15E.P.S. (Equity Shares, par Value Rs. 10 each) [note 3.c of Schedule‘12’] Basic (in Rs.)..................................................................................... 7.88 3.19 Diluted (in Rs.)................................................................................ 7.80 3.15Significant Accounting Policies and Notes to Accounts 12The Schedules referred to aboe and the notes thereon form an integral part of the Profit & Loss Account.This is the Profit & Loss Account referred to in our report.As per our report of een date attachedFor DELOITTE HASKINS & SELLSChartered AccountantsM.S. DHARMADHIKARIPartnerDate: April 30, 2008Place: MumbaiSamrat GuptaChief Financial OfficerAnubhav KapoorCompany SecretaryFor and on behalf of the BoardS. Ramadorai ChairmanR. Gopalakrishnan DirectorP. P. Kadle DirectorC. Ramakrishnan DirectorP. R McGoldrick Managing DirectorDate : April 30, 2008Place : Mumbai31