STANDALONE FINANCIAL STATEMENTS
FORTY FOURTH ANNUAL REPORT 2020-21
| Notes | Year ended March 31, 2021 |
Year ended March 31, 2020 |
||
| REVENUE FROM OPERATIONS | ||||
| (i) Interest Income | 28 | 42,771.96 | 42,647.12 | |
| (ii) Surplus from deployment in Cash Management Schemes of Mutual Funds | 812.78 | 1,102.21 | ||
| (iii) Dividend Income | 29.1 | 733.97 | 1,080.68 | |
| (iv) Rental Income | 29.2 | 77.16 | 70.36 | |
| (v) Fees and Commission Income | 29.3 | 211.65 | 192.78 | |
| (vi) Net Gain on Fair Value Changes | 29.4 | 956.48 | 9,119.04 | |
| (vii) Profit on Sale of Investments | 29.5 | 1,397.69 | 3,523.75 | |
| (viii) Profit / (Loss) on Sale of Investments Properties | (2.20) | 35.11 | ||
| (ix) Income on Derecognised (assigned) Loans | 29.6 | 1,190.25 | 967.87 | |
| (I) | Total Revenue from Operations | 48,149.74 | 58,738.92 | |
| (II) | Other Income | 26.12 | 24.42 | |
| (III) | Total Income (I + II) | 48,175.86 | 58,763.34 | |
| EXPENSES | ||||
| (i) Finance Cost | 30 | 28,614.76 | 31,001.36 | |
| (ii) Impairment on Financial Instruments (Expected Credit Loss) | 31 | 2,948.00 | 5,913.10 | |
| (iii) Employee Benefit Expenses | 32 | 914.11 | 592.92 | |
| (iv) Depreciation, Amortisation and Impairment | 13,14 & 15 | 158.78 | 147.74 | |
| (v) Establishment Expenses | 33 | 32.52 | 40.37 | |
| (vi) Other Expenses | 34 | 692.60 | 716.93 | |
| (IV) | Total Expenses (IV) | 33,360.77 | 38,412.42 | |
| (V) | Profit Before Tax (III - IV) | 14,815.09 | 20,350.92 | |
| Tax expense | ||||
| - Current tax | 3,040.65 | 2,571.68 | ||
| - Deferred tax | (252.86) | 9.59 | ||
| (VI) | Total Tax Expense | 12.3 | 2,787.79 | 2,581.27 |
| (VII) | Net Profit After Tax (V - VI) | 12,027.30 | 17,769.65 | |
| (VIII) | Other Comprehensive Income | |||
| (A) (i)Items that will not be reclassified to profit or (loss) | 1,815.61 | (7,398.62) | ||
| (ii) Income tax relating to items that will not be reclassified to profit or (loss) | (138.09) | 683.03 | ||
| Sub Total (A) | 35 | 1,677.52 | (6,715.59) | |
| (B) (i) Items that will be reclassified to profit or (loss) | 75.77 | 84.56 | ||
| (ii) Income tax relating to items that will be reclassified to profit or (loss) | (19.07) | (21.28) | ||
| Sub Total (B) | 35 | 56.70 | 63.28 | |
| Other Comprehensive Income (A + B) | 1,734.22 | (6,652.31) | ||
| (IX) | Total Comprehensive Income (VII + VIII) | 13,761.52 | 11,117.34 | |
| (X) | Earnings per Equity Share | 36 | ||
| Basic (`) | 67.77 | 102.91 | ||
| Diluted (`) | 67.20 | 102.12 | ||
See accompanying notes to the Standalone Financial statements.
As per our report of even date attached.
For B S R & Co. LLP
Chartered Accountants
Firms’ Regst. No: 101248W/W-100022
Deepak S. Parekh
Chairman
(DIN: 00009078)
Sagar Lakhani
Partner
Membership No. 111855
Keki M. Mistry
Vice Chairman &
Chief Executive Officer
(DIN: 00008886)
Renu Sud Karnad
Managing Director
(DIN: 00008064)
MUMBAI, May 07, 2021
Directors
J. J. Irani
(DIN: 00311104)
Nasser Munjee
(DIN: 00010180)
U. K. Sinha
(DIN: 00010336)
Jalaj Dani
(DIN: 00019080)
Bhaskar Ghosh
(DIN: 06656458)
Ireena Vittal
(DIN: 05195656)
V. Srinivasa Rangan
Executive Director &
Chief Financial Officer
(DIN: 00030248)
Ajay Agarwal
Company Secretary
(FCS: 9023)
