Gillette_India_Limited_AR_20

Annual Report 2019-20 77 Company Overview Board's Report MD&A Corporate Governance Financial Statements Gillette India Limited In terms of our report attached For KALYANIWALLA & MISTRY LLP For and on behalf of Board of Directors Chartered Accountants Firm Regn No : 104607W/W100166 B. S. Mehta Chairman Madhusudan Gopalan Managing Director Daraius Z. Fraser Partner M. No : 42454 Gagan Sawhney Director & Chief Financial Officer Ghanashyam Hegde Company Secretary Place: Mumbai Date: August 26, 2020 for the year ended June 30, 2020 Statement of Profit and Loss Notes Year ended June 30, 2020 ` in lakhs Year ended June 30, 2019 ` in lakhs Income Revenue from operations 19 1 67 906 1 86 165 Other income 20 1 142 1 360 Total income 1 69 048 1 87 525 Expenses Cost of raw and packing materials consumed 21 18 882 23 358 Purchases of stock-in-trade (Traded Goods) 56 528 60 847 Changes in inventories of finished goods, work-in-progress and stock-in-trade 22 (2 503) (2 271) Employee benefits expense 23 11 918 10 830 Finance costs 24 544 785 Depreciation expense 4 5 105 4 770 Other expenses 25 47 177 55 301 Total expense 1 37 651 1 53 620 Profit before tax from operations 31 397 33 905 Tax expense Current tax 26.1 8 243 13 520 Deferred tax 26.1 953 (1 299) Prior year tax adjustments 26.1 (817) (3 608) Income tax expense 8 379 8 613 Profit for the year 23 018 25 292 Other comprehensive income Other comprehensive income not to be reclassified to profit or loss: Re- measurement of the defined benefit plans 29.2(B) (160) (796) Income tax effect 26.2 40 278 Total other comprehensive income for the year (120) (518) Total comprehensive income for the year 22 898 24 774 Earnings per equity share 28 - Basic (in ` ) 70.64 77.62 - Diluted (in ` ) 70.64 77.62 Face Value of Equity Share (in ` ) 10.00 10.00 See accompanying notes to the financial statements