COMPARATIVE INCOME STATEMENT ANALYSIS FOR THE YEAR ENDED 2008

(Amount in lakhs)

PARTICULARS

2007

2008

ABSOLUTE CHANGE

%CHANGE

SALES

44201.80

74053.69

29251.89

67.53

LESS:-COST OF GOODS SOLD

41433.66

70638.23

29204.57

70.48

GROSS PROFIT

2767.42

3415.46

648.04

23.41

STAFF EXPENSES

420.71

562.58

141.87

33.72

ADMINISTRATIVE EXPENSES

703.93

864.86

160.93

22.86

SELLING AND DISTRIBUTION EXPENSES

521.89

799.69

277.80

53.22

RATES,TAXES,LICENSES AND INSURANCE 37.94

47.82

9.88

26.04

REPAIRS AND MAINTENANCE OF

VEHICLES
DEPRECIATION

19.61

24.14

4.53

23.10

420.20

456.17

35.97

8.56

TOTAL OPERATING EXPENSES

2124.28

2755.26

630.98

29.70

OPERATINGPROFIT

643.14

660.20

17.06

2.65

OTHER INCOME

625.40

949.33

323.93

51.79

INTEREST ON DEPOSITS AND LOANS

88.97

45.36

-43.61

-49.01

INTEREST AND BANK CHARGES

316.13

150.56

-165.57

-52.37

PROFIT BEFORE TAX

1041.38

1504.33

462.95

44.45

PROVISION FOR CURRENT TAX

296.20

392.85

96.65

32.62

N/P TRANSFER TO APPROPRIATION

745.18

1111.44

366.26

49.15

LESS:OPERATING EXPENSES:

ADD:NON-OPERATING INCOME

LESS:-NON-OPERATING EXPENSES

less:-income tax

80000

70000

60000

sales

RS. in lacs

50000

cost of good
sold
GROSS
PROFIT
OPERATING
EXPENSES

40000

30000

20000

10000

0
2007

2008
YEARS

COMPARATIVE INCOME STATEMENT ANALYSIS FOR THE YEAR ENDED 2009

(Amount in lakhs)

PARTICULARS

2008

2009

ABSOLUTE CHANGE

%CHANGE

SALES

74053.69

84382.29

10328.60

13.94

LESS:-COST OF GOODS SOLD

70638.23

80818.46

10180.23

14.41

GROSS PROFIT

3415.46

3563.83

148.37

4.34

STAFF EXPENSES

562.58

590.49

27.91

4.96

ADMINISTRATIVE EXPENSES

864.86

668.45

-196.41

-22.71

LESS:OPERATING EXPENSES:

SELLING AND DISTRIBUTION EXPENSES

799.69

948.82

149.13

18.64

RATES,TAXES,LICENSES AND INSURANCE 47.82

67.39

19.57

40.92

REPAIRS AND MAINTENANCE OF

VEHICLES
DEPRECIATION

24.14

26.67

2.53

10.48

456.17

786.02

329.85

72.30

TOTAL OPERATING EXPENSES

2755.26

3087.84

332.58

12.07

OPERATINGPROFIT

660.20

475.99

-184.21

-27.90

OTHER INCOME

949.33

1055.00

105.67

11.13

INTEREST ON DEPOSITS AND LOANS

45.36

34.06

-11.30

-24.91

INTEREST AND BANK CHARGES

150.56

264.43

113.87

75.63

PROFIT BEFORE TAX

1504.33

1300.62

-203.71

-13.54

PROVISION FOR CURRENT TAX

392.85

10.50

-382.35

-97.32

N/P TRANSFER TO APPROPRIATION

1111.44

1290.09

178.65

16.07

ADD:NON-OPERATING INCOME

LESS:-NON-OPERATING EXPENSES

less:-income tax

COMPARATIVE INCOME STATEMENT ANALYSIS FOR THE YEAR ENDED 2010

(Amount in lakhs)

PARTICULARS

2009

2010

ABSOLUTE CHANGE

%CHANGE

SALES

84382.29 116843.69 32461.40

38.46

LESS:-COST OF GOODS SOLD

80818.46 111706.96 30888.50

38.21

GROSS PROFIT

3563.83

5136.73

1572.90

44.13

STAFF EXPENSES

590.49

662.11

71.62

12.12

ADMINISTRATIVE EXPENSES

668.45

1046.28

377.83

56.52

LESS:OPERATING EXPENSES:

SELLING AND DISTRIBUTION

EXPENSES
RATES,TAXES,LICENSES AND
INSURANCE
REPAIRS AND MAINTENANCE OF
VEHICLES
DEPRECIATION

948.82

1161.43

212.61

22.40

67.39

88.99

21.60

32.05

26.67

26.90

0.23

0.86

786.02

912.15

126.13

16.04

TOTAL OPERATING EXPENSES

3087.84

3897.86

810.02

26.23

OPERATINGPROFIT

475.99

1238.87

762.88

160.27

OTHER INCOME

1055.00

1051.08

-3.92

-0.37

INTEREST ON DEPOSITS AND LOANS

34.06

42.93

8.87

26.04

INTEREST AND BANK CHARGES

264.43

579.37

314.94

119.10

PROFIT BEFORE TAX

1300.62

1753.51

452.89

34.82

PROVISION FOR CURRENT TAX

10.50

115.00

104.50

995.23

income tax for 2005-06(AY)

9.03

9.03

income tax for 2006-07(AY 2007-08)

30.06

30.06

N/P TRANSFER TO APPROPRIATION

1290.09

1599.40

309.31

23.97

ADD:NON-OPERATING INCOME

LESS:-NON-OPERATING EXPENSES

LESS:-INCOME TAX

COMPARATIVE INCOME STATEMENT ANALYSIS FOR THE YEAR ENDED 2011

(Amount in lakhs)

PARTICULARS

2010

2011

ABSOLUTE CHANGE

%CHANGE

SALES

116843.69 121130.41 4286.72

3.66

LESS:-COST OF GOODS SOLD

111706.96 114154.50 2447.54

2.19

GROSS PROFIT

5136.73

6975.91

1839.18

35.80

STAFF EXPENSES

662.11

898.35

236.24

35.67

ADMINISTRATIVE EXPENSES

1046.28

862.63

-183.65

-17.55

LESS:OPERATING EXPENSES:

SELLING AND DISTRIBUTION EXPENSES

1161.43

1035.58

-125.85

-10.83

RATES,TAXES,LICENSES AND
INSURANCE
REPAIRS AND MAINTENANCE OF
VEHICLES
DEPRECIATION

88.99

293.66

204.67

229.99

26.90

29.94

3.04

11.30

912.15

950.10

37.95

4.16

TOTAL OPERATING EXPENSES

3897.86

4070.26

172.40

4.42

OPERATINGPROFIT

1238.87

2905.65

1666.78

134.54

OTHER INCOME

1051.08

1254.97

203.89

19.39

INTEREST ON DEPOSITS AND LOANS

42.93

29.34

-13.59

-31.65

INTEREST AND BANK CHARGES

579.37

590.40

11.03

1.90

PROFIT BEFORE TAX

1753.51

3599.52

1846.05

PROVISION FOR CURRENT TAX

115.00

-115.00

income tax for 2005-06(AY)

9.03

-9.03

income tax for 2006-07(AY 2007-08)

30.06

-30.06

N/P TRANSFER TO APPROPRIATION

1599.40

3599.52

2000.12

125.05

ADD:NON-OPERATING INCOME

LESS:-NON-OPERATING EXPENSES

less:-income tax

COMPARATIVE INCOME STATEMENT ANALYSIS FOR THE YEAR ENDED 2007

(Amount in lakhs)

PARTICULARS
SALES
LESS:-COST OF GOODS SOLD
GROSS PROFIT
LESS:OPERATING EXPENSES:

STAFF EXPENSES

2007

2008

ABSOLUTE CHANGE

%CHANGE

ADMINISTRATIVE EXPENSES
SELLING AND DISTRIBUTION EXPENSES
RATES,TAXES,LICENSES AND INSURANCE
REPAIRS AND MAINTENANCE OF
VEHICLES
DEPRECIATION
TOTAL OPERATING EXPENSES
OPERATINGPROFIT
ADD:NON-OPERATING INCOME
OTHER INCOME
INTEREST ON DEPOSITS AND LOANS
LESS:-NON-OPERATING EXPENSES
INTEREST AND BANK CHARGES
PROFIT BEFORE TAX
less:-income tax
PROVISION FOR CURRENT TAX
N/P TRANSFER TO APPROPRIATION