Profit & Loss Account

FOR THE YEAR ENDED 31ST MARCH, 2017

 

Note

Figures as at

Figures as at

Particulars

No.

31-03-2017

31-03-2016

 

 

Rs.

Rs.

    I.  Revenue from operations

15

60,193,392

52,273,885

   II.  Other income

16

7,963,992

86,495,039

  III.   Total revenue (I+II)

 

68,157,384

138,768,924

  IV.  Expenses: 

 

 

 

         Plantation maintenance expenses

17

7,809,124

14,570,617

         Employee benefits expenses

18

56,488,693

57,952,117

         Finance costs

19

0

0

         Depreciation and amortisation

 

 

 

         expense

7

4,536,614

4,377,584

         Other expense

20

4,918,431

3,565,987

         Total expenses

 

73,752,862

80,466,305

    V.  Profit before exceptional and

 

 

 

         extra ordinary items and tax

 

 

 

          (III-IV)

 

-5,595,478

58,302,619

   VI.  Exceptional items

21

-25,629,641

421,127

  VII.  Profit before extra ordinary items 

 

 

 

         and tax (V-VI)

 

-31,225,119

58,723,746

 VIII.  Extra ordinery items

 

0

0

  IX.  Profit before tax (VII-VIII)

 

-31,225,119

58,723,746

   X.  Tax expense

 

 

 

         (1) Current tax

 

1,327,155

778,569

         (2) Deferred tax

 

0

0

   XI.  Profit (Loss) for the period from

 

 

 

         continuing operations (IX-X)

 

-32,552,274

57,945,177

  XII.  Profit (loss) from discontinuing

 

 

 

         operations

 

0

0

 XIII.  Tax expense of discontinuing  

 

 

 

         operations

 

0

0

XIV.  Profit (loss) from discontinuing  

 

 

 

         operations (after tax) (XII-XIV)

 

0

0

 XV.  Profit (loss) for the period (XI+XIV) 

 

-32,552,274

57,945,177

XVI.  Earnings per equity share:

 

 

 

         (1) Basic

 

-429

763

         (2) Diluted

 

0

0

See accompanying notes to the financial statements

 

 

 

 

 

                     Sd/-

 

                         Sd/-

               (NAGARAJA, I.F.S.)

 

               (B.H. KHADER)

           MANAGING DIRECTOR                                                                                                CHAIRMAN & DIRECTOR

 

 

 

 

DATE : 04-07-2017

 

 

 

PLACE: MANGALORE.

 

 

 

 

                  AS PER OUR REPORT OF EVEN DATE

 

                                 For M RAJESH KINI & CO.,

 

                                    Chartered Accountants

 

 

                Sd/-

 

 

                                    (CA SUNILBHAT)

 

                                                      PARTNER

 

                                           Date: 20-07-2017