Consolidated Statement of Profit and Loss

( In Crore)

  •  
    For the year ended 31 March
  • Particulars
    Note No.
    2019
    2018
  • Revenue from operations
     
     
     
  • Interest income
    25
    16,348.75
    11,585.50
  • Fees and commission income
    26
    1,681.87
    808.15
  • Net gain on fair value changes
    27
    297.90
    214.64
  • Sale of services
    28
    68.77
    67.66
  • Recoveries of financial assets written off
    29
    87.80
    68.46
  • Total revenue from operations
     
    18,485.09
    12,744.41
  • Other income
    30
    16.67
    12.43
  • Total income
     
    18,501.76
    12,756.84
  •  
     
     
     
  • Expenses
     
     
     
  • Finance costs
    31
    6,623.56
    4,613.90
  • Fees and commission expense
    32
    712.88
    533.46
  • Impairment on financial instruments
    33
    1,501.35
    1,030.49
  • Employee benefits expense
    34
    1,940.90
    1,433.62
  • Depreciation and amortisation expenses
    12
    144.15
    102.07
  • Other expenses
    35
    1,399.76
    1,199.86
  • Total expenses
     
    12,322.60
    8,913.40
  •  
     
     
     
  • Profit before tax
     
    6,179.16
    3,843.44
  •  
     
     
     
  • Tax expense:
     
     
     
  • Current tax
     
    2,085.89
    1,439.43
  • Deferred tax (credit)/charge
     
    98.28
    (92.36)
  • Total tax expense
    11
    2,184.17
    1,347.07
  •  
     
     
     
  • Profit after tax
     
    3,994.99
    2,496.37
  •  
     
     
     
  • Other comprehensive income (OCI)
     
     
     
  • Items that will not be reclassified to profit or loss:
     
     
     
  • Re-measurement gains/(losses) on defined benefit plans
     
    (16.32)
    (8.04)
  • Tax impact on above
     
    5.56
    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)
     
    (0.18)
    (17.62)
  •  
     
     
     
  • Total comprehensive income for the year
     
    3,994.81
    2,478.75
  •  
     
     
     
  • Earnings per share:
    37
     
     
  • (Nominal value per share ₹ 2)
     
     
     
  • Basic (₹)
     
    69.33
    44.38
  • Diluted (₹)
     
    68.75
    43.92
  • Summary of significant accounting policies
    3
     
     

The accompanying notes are an integral part of the consolidated 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