CONSOLIDATED STATEMENT OF
PROFIT & LOSS

as at 31 March 2018

(₹ Millions)
Notes Mar - 18 Mar - 17
Revenue        
Revenue from operations   22 66,857 64,342
Other income   23 4,403 2,240
  I   71,260 66,582
Expenses        
Operational cost   24 25,275 27,757
Employee benefits expense   25 6,657 6,043
Finance costs   26 1,448 1,372
Depreciation and amortisation expense   27 1,821 1,152
Fair value loss on financial instruments at fair value through profit and loss   28 68 2,205
Other expenses   29 14,164 11,273
  II   49,431 49,802
Profit before share of profit / (loss) in associate / joint venture, exceptional items and tax III=(I-II)   21,829 16,780
Add / (Less): Share of profit / (loss) in associates and joint ventures IV   12 (5)
Profit before exceptional items and tax V=(III+IV)   21,841 16,775
Add: Exceptional items VI 30 1,346 12,234
Profit before tax VII=(V+VI)   23,187 29,009
Less : Tax expense        
Current tax - current year   31 8,792 4,280
Current tax - earlier years   31 (14) 53
Deferred tax benefit   31 (369) 2,475
  VIII   8,409 6,808
Profit for the year IX=(VII-VIII)   14,778 22,201
Other comprehensive income        
A. Items that will not be reclassified to profit or loss        
(a) (i) Re-measurement of defined benefit obligation     47 (42)
(ii) Fair value changes of equity instruments through other comprehensive income     (68) 17
(iii) Share of other comprehensive income in associates and joint ventures     - 1
(b) Income tax relating to items that will not be reclassified to profit or loss     (14) 15
  X   (35) (9)
B. Items that will be reclassified profit or loss        
(i) Exchange differences on translation of financial statements of foreign operations XI   (364) (1,073)
Total other comprehensive loss XII=(X+XI)   (399) (1,082)
Total comprehensive income for the year XIII=(IX+XII)   14,378 21,119
Profit for the year        
Attributable to:        
Shareholders of the Company XIV=(IX-XV)   14,791 22,213
Non-controlling interests XV   (14) (12)
      14,778 22,201
Total comprehensive income for the year        
Attributable to:        
Shareholders of the Company XVI=(XIII-XVII)   14,392 21,131
Non-controlling interests XVII   (14) (12)
      14,378 21,119
Earnings per equity share (face value Re. 1 each)   32    
Basic     15.40 23.13
Diluted   15.40 23.13

In terms of our report attached

For Deloitte Haskins & Sells LLP
  • Chartered Accountants
A. B. Jani
  • Partner

For and on behalf of the Board

Punit Goenka

Managing Director & CEO

Adesh Kumar Gupta

Director

Sundeep Mehta

Financial Controller

M Lakshminarayanan

Company Secretary