Annual Report FY 2009-10 - Welspun

C rp LtdConsolidated Profit and Loss Account for the year ended 31 March 2010ParticularsSchedulesYear ended31-Mar-10(Rs. in million)Year ended31-Mar-09IncomeSales and Services (Gross)Less: Excise DutySales and Services (Net)Other IncomeExpenditureCost of GoodsManufacturing and Other ExpensesFinance Expenses (net)Depreciation/Amortisation/ImpairmentProfit Before TaxProvision For Taxation- Current Tax- Deferred Tax- Fringe Benefit TaxProfit After TaxMinority InterestShare of Loss of Associate CompanyNet Profit for the yearBalance Brought ForwardProfit Available for AppropriationAppropriations:General ReserveDebenture Redemption ReserveProposed Dividend on Equity SharesTax on above DividendDividend on Equity Shares for earlier periodTax on DividendBalance carried to Balance SheetEarnings Per Share (Face Value Rs. 5 each) (Refer Note 26)- Basic- DilutedTotalTotal13 76,287.70 59,708.952,784.97 2,313.6873,502.73 57,395.2714 185.34 186.9773,688.07 57,582.2415 47,484.18 40,032.6816 12,832.32 11,014.9117 2,070.90 1,766.342,060.61 1,432.7564,448.01 54,246.689,240.06 3,335.562,271.24 439.47864.64 749.75-11.186,104.18 2,135.160.14 0.100.016,104.03 2,135.066,488.55 5,198.8012,592.58 7,333.86540.00 234.00106.25 268.75408.64 279.7467.87 47.540.22 13.060.04 2.2211,469.56 6,488.5531.69 11.5128.40 11.43-Weighted average no. of Shares used in computingEarnings Per Share - Basic192,638,617 185,569,595- Diluted 218,019,604 186,864,123Significant Accounting Policies and Notes to Consolidated Accounts 18As per our attached report of even dateFor and on behalf of the BoardFor MGB & Co.Chartered AccountantsMohan BhandariPartnerMumbai, 27 April 2010B.K.GoenkaChairman and Managing DirectorB.R.JajuChief Financial OfficerM.L.MittalExecutive Director-FinancePradeep JoshiCompany Secretary87