Business Associates

Financial results for the year 2015-16

Summarized financial results for the year 2015-16 in comparison to the results for the year 2014-15 are as follows

Particulars 2015-16 (Figure in lakhs of Rs.) 2014-15(Figure in lakhs of Rs.)
Sales & Allied Receipts 111384.70 25322.36
Gross Margin 965.15 273.77
Other Income 29.95 27.11
Income relating to earlier year 0.00 0.00
Total Income for the year 995.10 300.88
% of Gross Margin to Sales 0.87% 1.08%
% of Total Income to Sales 0.89% 1.19%

Expenses

Establishment Expenses 117.91 80.46
Administrative & Other Expenses 166.69 59.56
Finance Charges 7.40 2.43
Selling & Distribution Expenses 50.10 5.17
Depreciation 8.58 2.86
Total Expenses for the year 350.68 150.48
Profit/(Loss) for the year before Taxation 644.42 150.40
Less provision for Tax 224.00 51.00
Net Profit / (Loss) 420.42 99.40