CONSOLIDATED STATEMENT OF
PROFIT & LOSS

as at 31 March 2018

(₹ Millions)
Mar - 18 Mar - 17 Notes
Revenue        
Revenue from operations   66,857 64,342 22
Other income   4,403 2,240 23
  I 71,260 66,582  
Expenses        
Operational cost   25,275 27,757 24
Employee benefits expense   6,657 6,043 25
Finance costs   1,448 1,372 26
Depreciation and amortisation expense   1,821 1,152 27
Fair value loss on financial instruments at fair value through profit and loss   68 2,205 28
Other expenses   14,164 11,273 29
  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 1,346 12,234 30
Profit before tax VII=(V+VI) 23,187 29,009  
Less : Tax expense        
Current tax - current year   8,792 4,280 31
Current tax - earlier years   (14) 53 31
Deferred tax benefit   (369) 2,475 31
  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

Sundeep Mehta

Financial Controller

Adesh Kumar Gupta

Director

M Lakshminarayanan

Company Secretary