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NDTV ETHNIC RETAIL LIMITEDStandalone Statement of Profit & Loss for period 01/04/2013 to 31/03/2014

[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in Millions of INR

01/04/2013

to

31/03/2014

28/02/2013

to

31/03/2013

Name of companyNDTV ETHNIC RETAILLIMITED

Corporate identity number U74900DL2013PLC248812

Permanent account number of entity AAECN3122D

Address of registered office of company

207, OKHLA INDUSTRILALESTATE, , PHASE - III , NEWDELHI , DELHI , INDIA -110020

Type of industryC o m m e r c i a l a n dIndustrial

Date of board meeting when final accounts were approved 07/05/2014

Date of start of reporting period 01/04/2013 28/02/2013

Date of end of reporting period 31/03/2014 31/03/2013

Nature of report standalone consolidated Standalone

Content of report Statement of Profit & Loss

Description of presentation currency INR

Level of rounding used in financial statements Millions

Disclosure of principal product or services [Table] ..(1)

Unless otherwise specified, all monetary values are in Millions of INRTypes of principal product or services [Axis] 1

01/04/2013to

31/03/2014

Disclosure of general information about company [Abstract]

Disclosure of principal product or services [Abstract]

Disclosure of principal product or services [LineItems]

Product or service category (ITC 4 digit) code 9962

Description of product or service categoryRETAIL TRADESERVICES

Turnover of product or service category 55.81

Highest turnover contributing product or service (ITC 8 digit) code 99623300

Description of product or service(A) Textiles,clothing andfootwear

Turnover of highest contributing product or service 55.81

Footnotes

(A) Online Selling of apparels

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NDTV ETHNIC RETAIL LIMITED Standalone Statement of Profit & Loss for period 01/04/2013 to 31/03/2014

[300500] Notes - Subclassification and notes on income and expenses


01/04/2013

to

31/03/2014

28/02/2013

to

31/03/2013

Subclassification and notes on income and expense explanatory [TextBlock]

Disclosure of revenue from sale of products [Abstract]Revenue from sale of products [Abstract]

Revenue from sale of products, gross 55.81 0

Total revenue from sale of products 55.81 0

Disclosure of revenue from sale of services [Abstract]

Revenue from sale of services [Abstract]

Revenue from sale of services, gross(A) 6.34

0

Total revenue from sale of services 6.34 0

Disclosure of other income [Abstract]

Disclosure of notes on other income explanatory [TextBlock]Textual information (1)[See below]

Interest income [Abstract]

Interest income on current investments [Abstract]

Interest on fixed deposits, current investments0.85 0

Total interest income on current investments 0.85 0

Total interest income 0.85 0

Dividend income [Abstract]

Total dividend income 0 0

Total other income 0.85 0

Disclosure of finance cost [Abstract]

Disclosure of notes on finance cost explanatory [TextBlock]Textual information (2)[See below]

Interest expense [Abstract]

Interest expense short-term loans [Abstract]

Interest expense short-term loans, others(B) 2.57

0

Total interest expense short-term loans 2.57 0

Total interest expense 2.57 0

Total finance costs 2.57 0

Employee benefit expense [Abstract]

Salaries and wages 39.7 0

Contribution to provident and other funds [Abstract]

Contribution to provident and other funds for others 2.08 0

Total contribution to provident and other funds 2.08 0

Staff welfare expense 0.58 0

Total employee benefit expense 42.36 0

Breakup of other expenses [Abstract]

Consumption of stores and spare parts 0 0

Power and fuel 0.23 0

Rent(C) 7.99

0

Repairs to building 4.36 0

Repairs to machinery 0.74 0

Insurance 0.74 0

Rates and taxes excluding taxes on income [Abstract]

Other cess taxes(D) 0.41 (E) 0.13

Total rates and taxes excluding taxes on income 0.41 0.13

Electricity expenses 0.98 0

Telephone postage 0.66 0

Printing stationery 0.46 0

Travelling conveyance 8.1 0

Legal professional charges 51.21 1.98

Training recruitment expenses 0.09 0

Vehicle running expenses 1.39 0

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Safety security expenses 1.14 0

Directors sitting fees 0 0

Managerial remuneration [Abstract]

Remuneration to directors [Abstract]

Total remuneration to directors 0 0

Total managerial remuneration 0 0

Books periodicals 0.44 0

Bank charges 2.89 0

Advertising promotional expenses(F) 126.29

0

Cost information technology [Abstract]Cost software 10.39 0

Cost communication connectivity 2.89 0

Total cost information technology 13.28 0

Cost insurance 0 0

Provision bad doubtful debts created 0 0

Provision bad doubtful loans advances created 0 0

Write-off assets liabilities [Abstract]

Miscellaneous expenditure written off [Abstract]

Total miscellaneous expenditure written off 0 0

Bad debts written off 0 0

Bad debts advances written off 0 0

Total write-off assets liabilities 0 0

Loss on disposal of intangible asset 0 0

Loss on disposal, discard, demolishment and destruction of depreciabletangible asset

0 0

Payments to auditor [Abstract]

Payment for audit services 0.5 0.2

Payment for reimbursement of expenses 0.02 0

Total payments to auditor 0.52 0.2

Miscellaneous expenses(G) 9.87

(H) 0

Total other expenses(I) 231.79 (J) 2.31

Footnotes

(A) SALE OF SERVICES RS. 3.28 MILLION + SHARED SERVICE INCOME RS. 3.06 MILLION

(B) INTEREST ON INTER COMPANY LOAN* *INTEREST ON LOAN FROM NDTV LIFESTYLE HOLDINGS LIMITEDAMOUNTING TO RS. 75.00 MILLION

(C) REFER NOTE 26

(D) RATES AND TAXES

(E) RATES AND TAXES

(F) BUSINESS PROMOTION RS. 0.27 MILLION + MARKETING, DISTRIBUTION AND PROMOTION EXPENSES RS. 126.02MILLION

(G) HOSTING & STREAMING RS. 6.07 MILLION + HIRE CHARGES RS. 0.08 MILLION + MEDICAL RS. 0.20 MILLION +FOREIGN EXCHANGE LOSS (NET) RS. 0.11 MILLION + BROKERAGE & COMMISSION RS. 0.20 MILLION + OTHERS RS.0.27 MILLION + MISCELLENOUS RS. 2.94 MILLION

(H) HOSTING & STREAMING RS. NIL + HIRE CHARGES RS. NIL + MEDICAL RS. NIL MILLION + FOREIGN EXCHANGELOSS (NET) RS. NIL + BROKERAGE & COMMISSION RS. NIL + OTHERS RS. NIL + MISCELLENOUS RS. NIL

(I) OPERATING AND ADMINISTRATION EXPENSES RS. 105.77 MILLION + MARKETING, DISTRIBUTION ANDPROMOTION EXPENSES RS. 126.02 MILLION

(J) OPERATING AND ADMINISTRATION EXPENSES RS. 2.31 MILLION + MARKETING, DISTRIBUTION AND PROMOTIONEXPENSES RS. NIL

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Textual information (1)

Disclosure of notes on other income explanatory [Text Block]

17. Other income In Rs. million

Year ended

March 31, 2014 March 31, 2013

Interest income on

-Bank deposits 0.85 -

0.85 -


Disclosure of notes on finance cost explanatory [Text Block]

23. Finance costs

Year ended

March 31, 2014 March 31, 2013

Interest on:

-InterCompany Loans* 2.57 -

2.57 -

* Interest on Loan from NDTV Lifestyle Holdings Limited amounting to Rs 75,000,000.

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[300600] Notes - Additional information statement of profit and loss


01/04/2013

to

31/03/2014

28/02/2013

to

31/03/2013

Additional information on profit and loss account explanatory [TextBlock]Textual information (3)

[See below]

Changes in inventories of stock-in-trade(A) -4.54

0

Total changes in inventories of finished goods, work-in-progress andstock-in-trade

-4.54 0

Total gross income from services rendered(B) 6.34

0

Expenditure on other matters(C) 5.21

0

Total expenditure in foreign currency 5.21 0

Total amount of dividend remitted in foreign currency 0 0

FOB value of traded goods exported 36.98 0

Total earnings on export of goods calculated on FOB basis 36.98 0

Total earnings in foreign currency 36.98 0

Domestic sale traded goods 18.83 0

Total domestic turnover goods, gross 18.83 0 Export sale traded goods 36.98 0

Total export turnover goods, gross 36.98 0

Total revenue from sale of products 55.81 0

Total revenue from sale of services 6.34 0

Footnotes

(A) STOCK AT THE BEGNNING OF THE YEAR RS. NIL (-) STOCK AT THE END OF THE YEAR RS. 4.54 MILLION

(B) SALE OF SERVICES RS. 3.28 MILLION + SHARED SERVICE INCOME RS. 3.06 MILLION

(C) HOSTING EXPENSES RS. 4.01 MILLION + OTHER EXPENSES RS. 1.20 MILLION

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Additional information on profit and loss account explanatory [Text Block]

18. Changes in inventory of finished goods In Rs. million

Year ended

March 31, 2014 March 31, 2013

Stock at the beginning of the year -

Less: stock at the end of the year 4.54

(4.54) -

20. Operations & Administration Expenses In Rs. million

Year ended

March 31, 2014 March 31, 2013

Rent (refer note 26) 7.99 -

Rates and taxes 0.41 0.13

Electricity and water 0.98 -

Printing and stationery 0.46 -

Postage and courier 0.66 -

Books, periodicals and news papers 0.44 -

Local conveyance , travelling & taxi hire 8.10 -

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Business promotion 0.27 -

Repair and Maintenance

- Plant & Machinery 0.74 -

- Building 4.36 -

Auditors' remuneration* 0.52 0.20

Insurance 0.74 -

Hosting & streaming 6.07

Hire Charges 0.08

Communication 2.89 -

Vehicle 1.39 -

Medical 0.20 -

Software expense 10.39

Generator hire and running 0.23 -

Personnel Security 1.14 -

Staff Training 0.09 -

Legal, professional & consultancy 51.21 1.98

Foreign Exchange loss - Net 0.11 -

Brokerage & commission 0.20 -

Others 0.27 -

Bank charges 2.89 -

Miscellaneous 2.94 -

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105.77 2.31

* Auditors' Remuneration In Rs. million

Year ended

March 31, 2014 March 31, 2013

As auditor:

Audit fee 0.50 0.20

Reimbursement of expenses

Out of pocket expenses 0.02 -

0.52 0.20

21. Marketing, distribution & promotion expense In Rs. million

Year ended

March 31, 2014 March 31, 2013

Advertisement expense 78.92

Marketing expenses 42.44

Shipping expense 4.66

126.02 -

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[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates


01/04/2013

to31/03/2014

Disclosure of accounting policies, change in accounting policies andchanges in estimates explanatory [TextBlock]

Textual information (4)[See below]

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Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]

1. Corporate information

The Company was incorporated on February 28, 2013 as NDTV E-Commerce Private Limited and consequent to shareholders resolution datedMarch 18, 2013, the name of the Company was changed to NDTV Ethnic Retail Private Limited w.e.f. March 30, 2013 on receipt of approvalfrom the Registrar of Companies, NCT of Delhi & Haryana. Further, the shareholders have approved, vide their resolution dated April 16, 2013to convert the status of the Company from ?Private Limited? to ?Public Limited? w.e.f. April 16, 2013. the name of the Company was changed toNDTV Ethnic Retail Limited w.e.f. July 25, 2013. The Company operates e commerce business of sale of various products on the platformwww.indianroots.com. The company started fulfilling exclusively to the customer outside India starting March 6, 2014 to comply with FDIguidelines.

2. Summary of significant accounting policies

2.1 Basis of preparation

These financial statements have been prepared in accordance with the generally accepted accounting principles in India under the historical costconvention on accrual basis. Pursuant to circular 15/2013 dated 13.09.2013 read with circular 08/2014 dated 04.04.2014, till the Standards ofAccounting or any addendum thereto are prescribed by Central Government in consultation and recommendation of the National FinancialReporting Authority, the existing Accounting Standards notified under the Companies Act, 1956 shall continue to apply. Consequently, thesefinancial statements have been prepared to comply in all material aspects with the accounting standards notified under Section 211(3C)[Companies (Accounting Standards) Rules, 2006, as amended] and other relevant provisions of the Companies Act, 1956.

All assets and liabilities have been classified as current or non-current as per the Company?s normal operating cycle and other criteria set out inthe Schedule VI to the Companies Act, 1956. Based on the nature of services and the time between rendering of services/airing of programmesand their realisation in cash and cash equivalents, the Company has ascertained its operating cycle as 12 months for the purpose of current ? noncurrent classification of assets and liabilities.

2.2 Use of estimates

In the preparation of the financial statements, the management of the Company makes estimates and assumptions in conformity with theapplicable accounting principles in India that affect the reported balances of assets and liabilities and disclosures relating to contingent assets andliabilities as at the date of the financial statements and reported amounts of income and expenses during the period. Examples of such estimatesinclude provisions for doubtful debts, future obligations under employee retirement benefit plans, income taxes, and the useful lives of fixedassets and intangible assets.

A provision is recognised when there is a present obligation as a result of a past event in respect of which it is probable that outflow of resourceswill be required to settle the obligation and in respect of which a reliable estimate can be made

Contingencies are disclosed when it is possible that a liability will be incurred, and the amount can be reasonably estimated. Where no reliableestimate can be made, a disclosure is made of the existence of the contingent liability.

2.3 Tangible assets

Tangible assets, except in the cases mentioned below, are stated at the cost of acquisition, which includes taxes, duties, freight, insurance andother incidental expenses incurred for bringing the assets to the working condition required for their intended use, less depreciation andimpairment.

Fixed assets purchased under barter arrangements are stated at the fair market value as at the date of purchase.

Depreciation on tangible assets is provided using the Straight Line Method based on the useful lives as estimated by the management.

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Depreciation is charged on a pro-rata basis for assets purchased/sold during the year. Individual assets costing less than Rs. 5,000 are depreciatedat the rate of 100% on a pro-rata basis. The management?s estimates of useful lives for various fixed assets are given below:

Asset Head Useful Life (years)

Plant and Machinery 5-12

Computers 3-6

Office Equipment 3-5

Furniture and Fixtures 5-8

Vehicles 5

2.4 Intangible assets

Intangible assets are recognised if they are separately identifiable and the Company controls the future economic benefits arising out of them. Allother expenses on intangible items are charged to the Statement of Profit and Loss account. Intangible assets are stated at cost less accumulatedamortization and impairment.

Depreciation on intangible assets is provided using the Straight Line Method based on the useful lives as estimated by the management.Depreciation is charged on a pro-rata basis for assets purchased/sold during the year. Individual assets costing less than Rs. 5,000 are depreciatedat the rate of 100% on a pro-rata basis. The management?s estimates of useful lives for intangible assets are given below:

Asset Head Useful Life (years)

Computer Software 6

2.5 Leases

As a lessee :

Assets taken under leases, where the Company assumes substantially all the risks and rewards of ownership are classified as Finance leases. Suchassets are capitalised at the inception of the lease at the lower of fair value or the present value of minimum lease payments and a liability iscreated for an equivalent amount. Each lease rental paid is allocated between the liability and the interest cost, so as to obtain a constant periodicrate of interest on outstanding liability for each period.

Assets taken on leases where significant risks and rewards of ownership are retained by the lessor are classified as operating leases. Lease rentalsare charged to the Profit and Loss Account on a straight line basis over the lease term.

2.6 Impairment of tangible and intangible assets

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The management periodically assesses using external and internal sources, whether there is an indication that an asset may be impaired.Impairment occurs where the carrying value exceeds the present value of future cash flows expected to arise from the continuing use of the assetand its eventual disposal. The impairment loss to be expensed is determined as the excess of the carrying amount over the higher of the asset?s netsales price or present value as determined above.

2.7 Revenue Recognition

Revenue from online sale of goods are recognised when the goods has been delivered and all the risk and rewards of ownership has beentransferred to the buyer.

Revenue for services provided is recognized when persuasive evidence of an arrangement exists; the consideration is fixed or determinable; andit is reasonable to expect ultimate collection. Such revenues are recognised as the services are provided.

2.8 Investments

Investments that are readily realisable and are intended to be held for not more than one year from the date, on which such investments are made,are classified as current investments. All other investments are classified as long term investments. Current investments are carried at cost or fairvalue, whichever is lower. Long-term investments are carried at cost. However, provision for diminution is made to recognise a decline, otherthan tempprary, in the value of the investments, such reduction being determined and made for each investment individually.

2.9 Foreign currency transaction

Transactions in foreign currency are recorded at the rates of exchange in force at the time the transactions are effected. All monetary assets andliabilities denominated in foreign currency are restated at the year-end exchange rate. All non-monetary assets and liabilities are stated at the ratesprevailing on the date of the transaction.

Gains / (losses) arising out of fluctuations in the exchange rates are recognized as income/expense in the period in which they arise.

2.10 Employee benefits

Short-term employee benefits are recognized as expenses at the undiscounted amounts in the Statement of Profit and Loss account of the year inwhich the related service is rendered.

Post employment and other long term employee benefits: The Company?s contribution to State Provident fund is charged to the Statement ofProfit and Loss account. The Company provides for a long term defined benefit scheme of Gratuity on the basis of actuarial valuation on thebalance sheet date based on the projected unit credit method. The actuarial valuation of the liability towards the retirement gratuity benefits of theemployees is made on the basis of assumptions with respect of the variable elements like discount rate, future salary increases, etc affecting thevaluation. The Company recognizes the actuarial gains and losses in the Statement of Profit and Loss account as income and expense in the period

in which they occur.

2.11 Inventories

Stock in trade

Inventories related to stock in trade are stated at the lower of cost or net realisable value. Cost is deteremined using the first in, first out method.The cost of furnished goods comprises appreals and dresses, Net realisable value is estimated selling price in the ordinary course of business usethe estimated cost to make the sale.

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2.12 Earnings Per Share ( EPS )

Basic EPS

The earnings considered in ascertaining the Company?s basic EPS comprise the net profit/ (loss) after tax. The number of shares used incomputing basic EPS is the weighted average number of shares outstanding during the year.

Diluted EPS

The net profit/ (loss) after tax and the weighted average number of shares outstanding during the year are adjusted for all the effects ofdilutive potential equity shares for calculating the diluted EPS

2.13 Taxes on Income

Tax on income for the period is determined on the basis of taxable income and tax credits computed in accordance with the provisions of theIncome Tax Act, 1961.

Deferred tax is recognised on timing differences between the accounting income and the taxable income for the year and quantified using the taxrates and laws substantially enacted as on the balance sheet date.

Deferred tax assets in respect of unabsorbed depreciation / brought forward losses are recognised to the extent there is virtual certainty thatsufficient future taxable income will be available against which such deferred tax assets can be realised.

Other deferred tax assets are recognised and carried forward to the extent that there is reasonable certainty that sufficient future taxable incomewill be available against which such deferred tax assets can be realised.

2.14 Cash and Cash Equivalents

In the cash flow statement, cash and cash equivalents includes cash in hand, demand deposits with bank, other short-term highly liquidinvestments with original maturities of three months or less.

2.15 Segment Reporting

The accounting policies adopted for segment reporting are in conformity with the accounting policies adopted for the Company. Further,inter-segment revenue have been accounted for based on the transaction price agreed to between segments which is primarily market based.Revenue and expenses, which relate to the Company as a whole and are not allocable to segments on a reasonable basis, have been included under"Unallocated corporate expenses".

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[300100] Notes - Revenue


01/04/2013

to

31/03/2014

Disclosure of revenue explanatory [TextBlock]Textual information (5)

[See below]

Description of accounting policy for recognition of revenueTextual information (6)[See below]


Disclosure of revenue explanatory [Text Block]

16. Revenue from operations In Rs. million

Year ended

March 31, 2014 March 31, 2013

Revenue from operations

Sale of goods 55.81 -

Sale of services 3.28 -

Shared service income 3.06 -

62.15 -

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Description of accounting policy for recognition of revenue

2.7 Revenue Recognition

Revenue from online sale of goods are recognised when the goods has been delivered and all the risk and rewards of ownership has beentransferred to the buyer.

Revenue for services provided is recognized when persuasive evidence of an arrangement exists; the consideration is fixed or determinable;and it is reasonable to expect ultimate collection. Such revenues are recognised as the services are provided.

[202200] Notes - Effects of changes in foreign exchange ratesUnless otherwise specified, all monetary values are in Millions of INR

01/04/2013

to

31/03/2014

Disclosure of notes on effect of changes in foreign exchange ratesexplanatory [TextBlock]

Textual information (7)[See below]

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Disclosure of notes on effect of changes in foreign exchange rates explanatory [Text Block]

2.9 Foreign currency transaction

Transactions in foreign currency are recorded at the rates of exchange in force at the time the transactions are effected. All monetary assets andliabilities denominated in foreign currency are restated at the year-end exchange rate. All non-monetary assets and liabilities are stated at the ratesprevailing on the date of the transaction.

Gains / (losses) arising out of fluctuations in the exchange rates are recognized as income/expense in the period in which they arise.

30. Expenditure in foreign currency (accrual basis) In Rs. million

Year ended

March 31, 2014 March 31, 2013

Hosting Expenses 4.01 -

Other expenses 1.20 -

5.21 -

31. Earnings in foreign currency (accrual basis) In Rs. million

Year ended

March 31, 2014 March 31, 2013

Sale of goods 36.98 -

-

Total 36.98 -

33. Unhedged foreign currency exposure

The foreign currency exposures that are not hedged by a derivative instrument or otherwise are as follows:

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(in Rs million)

Particulars Year ended

March 31, 2014 March 31, 2013

Amount in Foreign Currency in million INR Equivalent Amount in Foreign Currency in million INR Equivalent

Receivables

USD 0.05 3.25 - -

Grand Total 0.05 3.25 - -

Payables

USD 0.03 2.09 - -

Grand Total 0.03 2.09 - -

[201200] Notes - Employee benefits


01/04/2013

to

31/03/2014

Disclosure of employee benefits explanatory [TextBlock]Textual information (8)[See below]

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Disclosure of employee benefits explanatory [Text Block]

2.10 Employee benefits

Short-term employee benefits are recognized as expenses at the undiscounted amounts in the Statement of Profit and Loss account of the year inwhich the related service is rendered.

Post employment and other long term employee benefits: The Companys contribution to State Provident fund is charged to the Statement of Profitand Loss account. The Company provides for a long term defined benefit scheme of Gratuity on the basis of actuarial valuation on the balancesheet date based on the projected unit credit method. The actuarial valuation of the liability towards the retirement gratuity benefits of theemployees is made on the basis of assumptions with respect of the variable elements like discount rate, future salary increases, etc affecting thevaluation. The Company recognizes the actuarial gains and losses in the Statement of Profit and Loss account as income and expense in the periodin which they occur.

19. Employee benefits expense In Rs. million

Year ended

March 31, 2014 March 31, 2013

Salaries, wages and other benefits 39.70 -

Contribution to provident and other Funds 2.08 -

Staff welfare 0.58 -

42.36 -

25. Gratuity and other post-employment benefit plans

The Company provides for long term defined benefit schemes of gratuity on the basis of an actuarial valuation on the Balance Sheet date based onthe Projected Unit Credit Method. The Company recognises the actuarial gains and losses in the Statement of Profit and Loss as income andexpense in the period in which they occur.

The reconciliation of opening and closing balances of the present value of the defined benefit obligations are as below:

In Rs.million

Particulars

FortheYearended

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March31,2014

March31,2013

Changes in the present value of the Obligation: I

Obligations at year beginning - -

Service Cost Current 0.30 -

Service Cost Past - -

Interest Cost - -

Actuarial (gain) / loss - -

Benefit Paid - -

Obligations at year end 0.30 -

Reconciliation of present value of the obligation and the fair value of II

the plan assets:

Present value of the defined benefit obligations at the end of the year 0.30 -

Fair value of the plan assets at the end of the year - -

Liability recognised in the Balance Sheet 0.30 -

Defined benefit obligations cost for the year III

Service Cost Current 0.30 -

Service Cost Past - -

Interest Cost - -

Expected return on plan assets - -

Actuarial (gain) / loss - -

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Net defined benefit obligations cost 0.30 -

Investment details of plan assets IV

100% of the plan assets are lying in the Gratuity fund administered through Life Insurance Corporation of India (LIC)under its Group Gratuity Scheme.

The principal assumptions used in determining post-employment benefit obligations are shown below : V

Discount Rate 9.30% 0.00%

Future salary increases 5% 0%

Expected return on plan assets 0.00% 0.00%

The estimates of future salary increases, considered in the actuarial valuation, take account of inflation, seniority,promotion and other relevant factors such as supply and demand factors in the employment market. The demographicassumptions were as per the published rates of "Life Insurance Corporation of India (1994-96) Mortality Table (ultimate),which is considered a standard table.

[300300] Notes - Earnings per share


01/04/2013

to

31/03/2014

28/02/2013

to

31/03/2013

Disclosure of earnings per share explanatory [TextBlock]Textual information (9)[See below]

Weighted average shares and adjusted weighted average shares [Abstract]

Basic weighted average shares [shares] 61,774 [shares] 1,699

Diluted weighted average shares [shares] 61,774 [shares] 1,699

Adjustments of numerator to calculate basic earnings per share [Abstract]

Profit (loss) for period -246.52 -2.31

Adjustments of numerator to calculate diluted earnings per share [Abstract]

Profit (loss) for period -246.52 -2.31

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Disclosure of earnings per share explanatory [Text Block]

2.12 Earnings Per Share ( EPS )

Basic EPS

The earnings considered in ascertaining the Company?s basic EPS comprise the net profit/ (loss) after tax. The number of shares used incomputing basic EPS is the weighted average number of shares outstanding during the year.

Diluted EPS

The net profit/ (loss) after tax and the weighted average number of shares outstanding during the year are adjusted for all the effects ofdilutive potential equity shares for calculating the diluted EPS

24. Earnings per share (EPS)

The following reflects the profit and share data used in the basic and diluted EPScomputations:

In Rs. million ( except per sharedata )

Year ended

March 31,2014

March 31, 2013

Profit / (Loss) attributable to Equity Shareholders (246.52) (2.31)

Number of equity shares outstanding as at the beginning of the year (Nos) 60,000 10,000

Add: Fresh issue of equity shares (Nos) 24,910 50,000

Number of equity shares outstanding at year end (Nos) 84,910 60,000

Weighted average number of Equity Shares outstanding during the year for Basic EPS(Nos.)

61,774 1,699

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Weighted average number of Equity Shares outstanding during the year for Diluted EPS(Nos.)

61,774 1,699

Basic and Diluted Earnings per Equity Share (Rs.) (3,990.69) (1,356.98)

Nominal Value per share (Rs) 10 10

[300700] Notes - Director remuneration and other information

Disclosure of directors and remuneration to directors [Table] ..(1)

Unless otherwise specified, all monetary values are in Millions of INRDirectors [Axis] 1 2 3 4

01/04/2013

to

31/03/2014

01/04/2013

to

31/03/2014

01/04/2013

to

31/03/2014

01/04/2013

to

31/03/2014

Disclosure of directors and remuneration to directors[Abstract]

Disclosure of directors and remuneration to directors[LineItems]

Name of director PRANNOY ROY RADHIKA ROY SHYATTO RAHAVIKRAMADITYACHANDRA

Director identification number of director 00025576 00025625 02729688 01179738

Date of birth of director 15/10/1949 09/07/1949 02/11/1973 07/01/1967

Designation of director Director Director Director Director

Qualification of director

Dr. Roy has adoctorate inEconomics from theDelhi School ofEconomics,bachelors inEconomics from theQueen Mary

College, LondonUniversity and is aQualified CharteredAccountant fromLondon.

Textual information(10) [See below]

Master in Economicsfrom DelhiUniversity. HeCompleted thePrestigiousA dva nc e dManagement

Programme at theHarvard BusinessSchool at UnitedStates.

Textual information(11) [See below]

Shares held by director [shares] 0 [shares] 0 [shares] 6,024 [shares] 0

Director remuneration [Abstract]

Salary to director [Abstract]

Total salary to director 0 0 0 0

Total director remuneration 0 0 0 0

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Disclosure of directors and remuneration to directors [Table] ..(2)

Unless otherwise specified, all monetary values are in Millions of INRDirectors [Axis] 5

01/04/2013

to

31/03/2014

Disclosure of directors and remuneration to directors [Abstract]

Disclosure of directors and remuneration to directors [LineItems]

Name of directorS A U R A V

BANERJEE Director identification number of director 06719699

Date of birth of director 20/08/1976

Designation of director Director

Qualification of directorChar teredAccountant

Shares held by director [shares] 0

Director remuneration [Abstract]

Salary to director [Abstract]

Total salary to director 0

Total director remuneration 0


Qualification of directorMrs. Radhika Roy is an English (Honours) graduate from Delhi University and a qualified speech pathologist from Oldrey Fleming School inLondon. She has also completed a course in television production from the TISCH School of Arts, New York University.


Qualification of directorMr. Vikramaditya Chandra did his Bachelors in Economics from St. Stephen?s College in Delhi and went on to study at Oxford on an InlaksScholarship. He honed his media skills at Stanford University where he did a course in Mass Media.

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