PROFIT & LOSS ACCOUNTS FOR THE YEAR ENDING 31ST MARCH, 2008

 

For the year ending 31.03.2008
(Rs.)

For the year ending 31.03.2007
(Rs.)

 

 

 

INCOME :

 

 

Sale of Power

3,860,404,605

3,036,519,423

Other Income

  429,388,167

   172,011,199

 

TOTAL :

 

4,289,792,772

 

3,208,530,622

EXPENDITURE :

 

 

Repair & Maintenance expenses

   252,759,705

  232,185,016

Operational expenses

    90,662,739

    93,743,007

Employee & other related cost

1,023,548,440

   899,634,797

Administrative & General expenses

     73,047,089

    66,688,549

Interest & financial charges

   237,697,307

  220,514,540

Depreciation

1,173,264,984

1,172,351,959

Loss on Sale of assets

         -40,350

                    0

Less : Expenditure during construction

    -86,358,027

  -53,433,576

 

TOTAL :

 

2,764,581,886

 

2,631,684,293

Net Profit for the year

1,525,210,886

576,846,329

Add/(Less) : Prior period adjustment

  -154,186,187   

  32,989,683

Profit for the Year after Prior Period Adjustment

1,371,024,699

609,836,012

Less provision for Taxation

  155,090,410

  68,423,600

Provision for FBT

      2,177,302

    2,137,499

Provision for Wealth Tax

          55,562

                 0

Adjustment relating to earlier years

       -239,828

                0

Total Tax

157,083,446

 70,561,099

Profit after Tax

1,213,941,253

539,274,913

Add: Balance Profit brought from last year

2,744,883,877

2,205,608,962

 

Balance transferred to Balance Sheet

 

3,958,825,130

 

2,744,883,875