Statement of Profit and Loss

( In Crore)

  •  
    For the year ended 31 March
  • Particulars
    Note No.
    2019
    2018
  • Revenue from operations
     
     
     
  • Interest income
    25
    15,345.64
    11,511.38
  • Fees and commission income
    26
    1,630.90
    806.45
  • Net gain on fair value changes
    27
    256.73
    183.43
  • Sale of services
    28
    62.90
    67.66
  • Recoveries of financial assets written off
    29
    87.80
    68.46
  • Total revenue from operations
     
    17,383.97
    12,637.38
  • Other income
    30
    16.88
    12.28
  • Total income
     
    17,400.85
    12,649.66
  •  
     
     
     
  • Expenses
     
     
     
  • Finance costs
    31
    5,938.85
    4,566.95
  • Fees and commission expense
    32
    761.12
    533.45
  • Impairment on financial instruments
    33
    1,476.29
    1,026.02
  • Employee benefits expense
    34
    1,721.17
    1,415.48
  • Depreciation and amortisation expenses
    12
    137.37
    101.96
  • Other expenses
    35
    1,330.75
    1,174.58
  • Total expenses
     
    11,365.55
    8,818.44
  •  
     
     
     
  • Profit before tax
     
    6,035.30
    3,831.22
  • Tax expense
     
     
     
  • Current tax
     
    2,043.73
    1,427.00
  • Deferred tax (credit)/charge
     
    101.23
    (80.29)
  • Total tax expense
    11
    2,144.96
    1,346.71
  • Profit after tax
     
    3,890.34
    2,484.51
  •  
     
     
     
  • Other comprehensive income (OCI)
     
     
     
  • Items that will not be reclassified to profit or loss
     
     
     
  • Remeasurement gains/(losses) on defined benefit plans
     
    (13.64)
    (8.04)
  • Tax impact on above
     
    4.77
    2.81
  • Items that will be reclassified to profit or loss in subsequent periods
     
     
     
  • Changes in fair value of fair value through OCI (FVOCI) debt securities
     
    16.27
    (19.04)
  • Tax impact on above
     
    (5.69)
    6.65
  • Other comprehensive income for the year (net of tax)
     
    1.71
    (17.62)
  •  
     
     
     
  • Total comprehensive income for the year
     
    3,892.05
    2,466.89
  • Earnings per share:
    36
     
     
  • (Nominal value per share ₹ 2)
     
     
     
  • Basic (₹)
     
    67.52
    44.16
  • Diluted (₹)
     
    66.95
    43.71
  • Summary of significant accounting policies
    3
     
     

The accompanying notes are an integral part of the financial statements

  • As per our report of even date

    On behalf of the Board of Directors

  • For S R B C & CO LLP

    Chartered Accountants

    ICAI Firm registration number: 324982E/E300003

    Sandeep Jain

    Chief Financial Officer

    Nanoo Pamnani

    Vice Chairman and
    Chairman – Audit Committee

    Rahul Bajaj

    Chairman

  • per Arvind Sethi

    Partner

    Membership Number: 089802

    R Vijay

    Company Secretary

    Rajeev Jain

    Managing Director

    Sanjiv Bajaj

    Vice Chairman

  • Pune: 16 May 2019