Statement of Profit and Loss for the year ended March 31, 2014

` In Lacs

NOTE 2014 2013
REVENUE
Sales (net of trade discount) 130,107.76 106,452.04
Less: Excise duty (4,597.19) (4,714.37)
Net sales 125,510.57 101,737.67
Other operating income 21 507.36 181.50
Revenue from operations 126,017.93 101,919.17
Other income 22 447.02 99.25
TOTAL REVENUE ( I ) 126,464.95 102,018.42
EXPENSES
Cost of raw material and components consumed 23 36,560.92 32,439.61
Purchase of traded goods 30,549.63 30,022.12
(Increase)/ decrease in inventories of finished goods, work-in-progress and traded goods 24 549.83 (5,694.77)
Employee benefits expense 25 11,865.73 11,056.18
Share in loss of Partnership Firm 30.87 -
Other expenses 26 29,752.36 21,651.80
TOTAL EXPENSE ( II ) 109,309.34 89,474.94
EARNINGS BEFORE INTEREST, TAX, DEPRECIATION
AMORTIZATION AND IMPAIRMENT (EBITDA) (I) – (II) 17,155.61 12,543.48
Depreciation, amortization and impairment 13 6,160.41 6,164.52
Finance Costs 27 5,311.34 6,608.27
Interest Income 28 5,176.41 4,815.60
PROFIT BEFORE PRIOR PERIOD, EXCEPTIONAL ITEMS AND TAX 10,860.27 4,586.29
Prior Period items 40 - 182.71
Exceptional Item 46 230.07 -
PROFIT BEFORE TAX 10,630.20 4,403.58
Current tax (MAT Payable) 2,260.00 885.00
Less MAT credit entitlement (2,260.00) (885.00)
- Net Current Tax - -
- Excess provision for current tax of earlier years 18.79 -
PROFIT AFTER TAX 10,611.41 4,403.58
EARNINGS PER SHARE (EPS)
Basic and Diluted (`) 42 6.21 2.65
Nominal value per share (`) 1 1
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