annual report 2011-12 - Heavy Engineering Corporation Limited

ANNUAL REPORT 2011-12
STATEMENT OF PROFIT & LOSS
FOR THE YEAR ENDED 31ST MARCH, 2012
` in Lakhs
Note No. 2011-12 2010-11
I. Revenue from Operation 20 69237.87 64938.37
II. Other Income 21 2331.61 2874.20
III. TOTAL REVENUE 71569.48 67812.57
IV.
EXPENSES:
(a) Cost of Material Consumed 22 36895.64 31205.09
(b) Employees Benefits Expenses 23 18213.69 15270.61
(c) Finance Costs 24 515.30 92.37
(d) Depreciation, Amortization & Impairment 25 1259.20 1550.80
(e) Research & Development Expenditure 26 58.09 45.66
(f) Other Expenses 27 13739.85 15886.40
TOTAL EXPENSES 70681.77 64050.93
V. Profit/(Loss) before Exceptional &
Extraordinary Items & Tax( III-IV ) 887.71 3761.64
VI. Exceptional Items 28 (29.30) 52.34
VII. Profit/(Loss) before extraordinary items
& Tax ( V-VI ) 858.41 3813.98
VIII. Extraordinary Items 0.00 0.00
IX. Profit/ (Loss) before Tax ( VII-VIII) 858.41 3813.98
X. Tax Expenses
(i) Current Tax 0.00 0.00
(ii) Deferred Tax 0.00 0.00 0.00 0.00
XI.
Profit/ (Loss) for the period from
Continuing Operation ( IX-X) 858.41 3813.98
XII. Profit/ (Loss) from Discontinuing Operation 0.00 0.00
XIII. Tax Expenses of Discontinuing Operation 0.00 0.00
XIV. Profit/ (loss) for the period from
Discontinuing Operation ( XII-XIII) 0.00 0.00
XV. PROFIT/ (LOSS) FOR THE PERIOD ( XI + XIV ) 858.41 3813.98
XVI. Earning per share ( Face value `.1000) (1) Basic in Rupees 14.16 62.93
(2) Diluted in Rupees 14.16 62.93
Notes on Account 29
Notes No 20 to 29 & Significant Accounting Policies form an integral part of the Statement of Profit & Loss.
A.K.Kanth S.K. Chakraborty Kushal Saha R.Misra
Company Secretary General Manager (Finance) Director (Production) & Chairman Cum Managing Director
Director Mktg. (Additional Charge)
In terms of our report of even date
For Anjali Jain Associates, Chartered Accountants
Place : Ranchi
(ANJALI JAIN)
Date : 6/9/2012 Partner, M No. 72022
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