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Dear Members,
Your Directors are pleased to present the 53rd Annual Report for the year ended March 31, 2024.
Total revenue from operations of the Company on standalone basis decreased by 10.66 per cent from ₹ 12,073.84 Crores in 2022-23 to ₹ 10,786.67 Crores in 2023-24. The profit before interest, depreciation and tax (PBIDT) including ‘other income’ on a standalone basis decrease from to ₹ 3,300.12 Crores in
2022-23 to ₹ 2,509.33 Crores in 2023-24.
Profit before tax (PBT) from continuing operations on a standalone basis decreased by 35.32 % per cent from ₹ 2,655.86 Crores in 2022-23 to ₹. 1,717.88 Crores in 2023-24. After accounting for the provision for tax of ₹ 343.85 Crores, profit after tax (PAT) on continuing operations on a standalone basis decreased by 32.09 per cent from ₹ 2,023.36 Crores in 2022-23 to ₹ 1,374.03 Crores in 2023-24.
Total revenue from operations of the Company on consolidated basis decreased by 11.65 per cent from ₹ 14,870.25 Crores in 2022-23 to ₹ 13,138.52 Crores in 2023-24. The profit before interest, depreciation and tax (PBIDT) including ‘other income’ on a consolidated basis decreased from ₹ 3,604.13 Crores in
2022-23 to ₹ 2,667.13 Crores in 2023-24. Profit before tax (PBT) from continuing operations on a consolidated basis decreased by 40.08 per cent from ₹ 2,823.99 Crores in 2022-23 to ₹ 1,692.22 Crores in 2023-24. After accounting for the provision for tax of ₹ 356.51 Crores, profit after tax (PAT) on continuing operations on a consolidated basis decreased by 38.23 per cent from ₹ 2,162.34 Crores in 2022-23 to ₹ 1,335.71 Crores in 2023-24.
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