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DRIVIN G ROWTH - Dr. Reddy's

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184<br />

profit and loss account | FOR<br />

THE PERIOD ENDED MARCH 31<br />

(Rs)<br />

Schedule 2002 2001<br />

INCOME<br />

Sales 94,441,878 60,788,880<br />

Interest income 59,983 54,430<br />

Other income 744,245 180,579<br />

Total 95,246,106 61,023,889<br />

EXPENDITURE<br />

Material consumed H 60,696,855 41,665,128<br />

Manufacturing expenses I 6,958,376 7,812,228<br />

Salaries, wages and other benefits J 7,534,875 5,647,724<br />

Administrative, selling and other charges K 15,414,784 13,004,602<br />

Interest and finance charges L 1,375,931 593,553<br />

Depreciation 8,794,170 8,391,433<br />

(Increase in stock) / Decrease in stock M 2,281,603 (7,716,957)<br />

Total 103,056,594 69,397,711<br />

Net loss for the year (7,810,488) (8,373,822)<br />

Less: Prior period items 160,314 –<br />

Net Profit / (Loss) (7,970,802) (8,373,822)<br />

Add: Brought forward loss as per last Balance Sheet (66,767,679) (58,393,857)<br />

Total amount carried to Balance Sheet (74,738,481) (66,767,679)<br />

Schedule nos H to N form an integral part of this Profit & Loss Account and should be read in conjunction therewith.<br />

As per our report attached For and on behalf of the Board<br />

for A RAMACHANDRA RAO & CO. SATISH REDDY Director<br />

Chartered Accountants V S VASUDEVAN Director<br />

V S SURESH Company Secretary<br />

A RAMACHANDRA RAO<br />

Partner<br />

Hyderabad<br />

June 4, 2002<br />

COMPACT ELECTRIC LTD. | FINANCIALS | ANNUAL REPORT 2001-2002

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