The Directors present their Sixty-Second Annual Report and the Audited Statement of Accounts for the year ended 31 st March, 2016.

1. Financial Results

Rs.in crores
Standalone Consolidated
2015-16 2014-15 2015-16 2014-15
Revenue from Operations (Gross) 5214 5191 5884* 5205*
Profit for the year after meeting all expenses but
before interest, depreciation & exceptional items
462 453 554 518
Interest 8 16 15 23
Depreciation and amortization 19 22 28 28
Profit before exceptional items 435 415 511 467
Exceptional items (Net) 33 18 41 46
Profit before tax 468 433 552 513
Provision for taxation 135 104 160 127
Profit after tax 333 329 392 386
Minority Interest and Share of (Profit)/Loss of Associate - - (6) (2)
Profit after Minority Interest and Share of (Profit)/ Loss of Associate 333 329 386 384
Adding thereto: