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P & L Account

P & L Account

P&L Account for the year ended 31st March, 2016
  Particular Schedule Current Year Previous Year
1. Operating Profit/-Loss      
  (a) Fire Insurance   7093 990 13580 424
  (b) Marine Insurance   4579 345 (857491)
  (c) Miscellaneous Insurance   3812 274 3189 103
  (d) Life Insurance   711 176 395 131
2. Income from Investments      
  (a) Interest, Dividend & Rent - Gross   8411 453 7036 980
  (b) Profit on sale of Investments   5086 412 5249 329
  Less: Loss of sale of Investment   0 0
3. Other Income:      
  Forex Gain/( Loss)   754 983 (275 131)
  Interest on Income-tax Refund   0 2327 674
  (Provision) / Doubtful Debts written back   1578 527 (1075 122)
  Miscellaneous Receipts   11 949 9 208
  Total (A)   32040 109 29580 105
4. Provision for Doubtful Loans & Investment   420 091 32 008
5 Amortisation of premium on Investments   185 605 181 025
6 Diminution in the value of investments written off   1359 916 588 077
8 Other Expenses :      
  Expenses relating to Investments   10 752 9 329
  (Profit)/Loss on sale of Assets (Net)   223 (167)
  Sundry Balances Written off (Net)   0 0
  Interest Motor Pool & Others   7 519 318 005
  ICorporate Social Responsibility Expensess   490 936 179 481
  Total (B)   2475 042 1307 758
  Profit Before Tax   29565 067 28272 347
  Provision for Taxation :      
  Current Tax   5122 682 5070 000
  Wealth Tax   0 11 359
  MAT Credit   -1884 959 -3653 300
  Deferred Tax   150 425 -107 630
  Provision for Tax in respect of earlier years   -101 341 14 713
  MAT Credit of earlier year   -2205 632 0
  Profit After Tax   28483 892 26937 205
  Appropriations      
  (a) Balance brought forward from last year   769 896
  (b) Proposed Final dividend   8600 000 5400 000
  (c) Dividend distribution tax   1750 788 1099 332
  (d) Transfer to General Reserve   18133 000 20438 000
  Balance carried forward to Balance Sheet   874 769
  Basic and Diluted EPS   6.62 6.26
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