Profit and Loss Account for the year ended
Amount (in Rs. Ps)
| Profit and loss for the year ended | Sch No. | For the year ended 31.03.2023 | For the year ended 31.03.2022 |
|---|---|---|---|
| I.Income | |||
| Interest earned | 13 | 1,54,67,97,812.67 | 1,51,76,30,008.70 |
| Other Income | 14 | 7,36,52,079.78 | 6,57,15,936.14 |
| Total (A) | 1,62,04,49,892.45 | 1,58,33,45,944.84 | |
| II. Expenditure | |||
| Interest expended | 15 | 1,14,42,09,725.10 | 1,16,71,65,021.11 |
| Operating expenses | 16 | 37,91,27,261.44 | 25,16,76,333.60 |
| Provisions and contingencies | 7,27,22,099.12 | 15,36,61,727.05 | |
| Total (B) | 1,59,60,59,085.66 | 1,57,25,03,081.76 | |
| III. Profit/Loss | |||
| Net Profit before Tax (A-B) | 2,43,90,806.79 | 1,08,42,863.08 | |
| Income Tax | |||
| a)Current Tax | 61,39,166.07 | 27,79,025.81 | |
| b) Other Tax adjustments of earlier years | 28,79,774.77 | ||
| Profit after Tax | 1,82,51,640.72 | 51,84,062.50 | |
| Profit/Loss (-) brought forward | 13,11,537.48 | 16,90,747.69 | |
| Total | 1,95,63,178.21 | 68,74,810.19 | |
| IV. Appropriations | |||
| Transfer to statutory reserves | 58,74,447.66 | 29,86,763.32 | |
| Transfer to other reserves | 1,06,34,693.42 | 25,76,509.39 | |
| Balance carried over to balance sheet | 30,54,037.12 | 13,11,537.48 | |
For S E V & Associates.,
Chartered Accountants FRN No: 016212S
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CHAIRPERSON
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DIRECTOR
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DIRECTOR
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CHIEF EXECUTIVE OFFICER
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CA Sudhakara Reddy S
(Partner)M.No. 224539