Consolidated Statement of Profit and Loss for the year ended

` In Lacs

NOTE 2014 2013
REVENUE
Sales (net of trade discount) 132,622.52 110,743.77
Less: Excise duty (4,630.87) (4,756.43)
Net sales 127,991.65 105,987.34
Sale of services 3,847.72 4,427.95
Other operating income 21 547.26 242.04
Revenue from operations 132,386.63 110,657.33
Other income 22 416.14 38.61
TOTAL REVENUE ( I ) 132,802.77 110,695.94
EXPENSES
Cost of raw material and components consumed 23 37,852.46 33,981.11
Purchase of traded goods 31,759.26 29,822.14
(Increase)/ decrease in inventories of finished goods, work-in-progress and traded goods 24 (174.02) (5,367.66)
Employee benefits expense 25 13,815.46 13,048.30
Other expenses 26 33,412.03 26,120.63
TOTAL EXPENSE ( II ) 116,665.19 97,604.52
EARNINGS BEFORE INTEREST, TAX, DEPRECIATION
AMORTIZATION AND IMPAIRMENT (EBITDA) (I) – (II) 16,137.58 13,091.42
Depreciation, amortization and impairment 13 2,432.24 2,242.86
Finance Costs 27 5,526.66 6,822.25
Interest Income 28 401.45 395.56
PROFIT BEFORE PRIOR PERIOD, EXCEPTIONAL ITEMS AND TAX 8,580.13 4,421.87
Prior Period items 39 165.02 4,297.83
Exceptional Item 43 230.07 -
PROFIT BEFORE TAX 8,185.04 124.04
Current tax (MAT Payable) 2,280.83 916.93
Less MAT credit entitlement (2,260.00) (885.00)
- Net Current Tax 20.83 31.93
- Deferred tax charge/(reversal) 23.40 (1,518.81)
- Excess provision for current tax of earlier years 19.47 -
PROFIT AFTER TAX 8,121.34 1,610.92
Minority Share (share in loss) 21.85 353.91
PROFIT AFTER TAX AND MINORITY SHARE 8,143.19 1,964.83
EARNINGS PER SHARE (EPS)
Basic and Diluted (`) 42 4.77 1.18
Nominal value per share (`) 1.00 1.00
Summary of significant accounting policies 3

The accompanying notes are an integral part of the financial statements.

As per our report of even date


For S.R. Batliboi & Associates LLP
Chartered Accountants
ICAI Firm Registration No. 101049W


per Vikram Mehta
Partner
Membership No.: 105938

Place : Mumbai
Date : May 22, 2014



For and behalf of the Board of Directors of
Jyothy Laboratories Limited



M.P. Ramachandran
Chairman and Managing Director


M.L. Bansal
Company Secretary
K. Ullas Kamath
Joint Managing Director


Place : Mumbai
Date : May 22, 2014