Annual Report FY 2010-11 - Pipavav Shipyard
Annual Report FY 2010-11 - Pipavav Shipyard
Annual Report FY 2010-11 - Pipavav Shipyard
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Consolidated Profit and Loss Account for the year ended March 31, 20<strong>11</strong><br />
Particulars Schedule<br />
for the year ended<br />
March 31, 20<strong>11</strong><br />
<strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>-<strong>11</strong><br />
Rs in Lacs<br />
for the year ended<br />
March 31, <strong>2010</strong><br />
INCOME<br />
Income from Operations 12 85,993.08 62,938.26<br />
Other Income 13 6,341.61 6,754.80<br />
Increase / (Decrease) in Inventories 14 (2,235.06) (<strong>11</strong>,294.30)<br />
Total 90,099.63 58,398.76<br />
EXPENDITURE<br />
Purchase of Traded Goods 25,758.80 9,477.15<br />
Raw Materials Consumed 15 28,283.20 16,931.91<br />
Manufacturing Expenses 16 7,927.57 15,692.19<br />
Payments to and Provisions for Employees 17 2,773.33 2,197.76<br />
Administrative, Selling and Other Expenses 18 2,829.57 7,470.20<br />
Interest and Financial Charges 19 <strong>11</strong>,900.69 7,300.02<br />
Depreciation 5,198.09 3,773.62<br />
Total 84,671.25 62,842.85<br />
Profit / (Loss) Before Taxes 5,428.38 (4,444.09)<br />
Provision For Tax - Current Tax 1,161.40 -<br />
- MAT credit entitlement (1,127.65) -<br />
- Deferred Tax 1,0<strong>11</strong>.46 146.70<br />
- Income Tax for Earlier Years 14.03 15.83<br />
Profit / (Loss) after Tax 4,369.14 (4,606.62)<br />
Prior Period Items (Net) 12.45 (210.00)<br />
Balance brought forward (4,827.77) (<strong>11</strong>.15)<br />
Amount Available for Appropriation (446.18) (4,827.77)<br />
Appropriations - -<br />
Balance carried to Balance sheet (446.18) (4,827.77)<br />
Earnings per Equity share of Rs. 10/- each<br />
- Basic (In Rupees) 0.66 (0.77)<br />
- Diluted (In Rupees) 0.66 (0.77)<br />
(Refer note no. 19 of Schedule 21)<br />
Significant Accounting Policies 20<br />
Notes to Accounts 21<br />
As per our report of even date<br />
For Chaturvedi and Shah<br />
Chartered Accountants<br />
R Koria<br />
Partner<br />
Nikhil P. Gandhi<br />
Chairman<br />
For and on behalf of the Board of Directors<br />
Bhavesh P. Gandhi<br />
Executive Vice Chairman<br />
Place :- Mumbai<br />
Jigar Shah<br />
Ajit Dabholkar<br />
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Date :- May 28, 20<strong>11</strong><br />
Chief Financial Officer<br />
Company Secretary<br />
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