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PROFIT
& LOSS ACCOUNT FOR THE YEAR ENDED 31st DECEMBER
2000
| PARTICULARS |
31st DEC., 2000
|
31st DEC., 1999
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Nu. ch
|
Nu. ch
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Net Operating
Income
(brought forward) |
139,845,316.64
|
72,276,447.56
|
| Write-offs &
losses |
876,796.48
|
4,432,296.56
|
| Write-back of
provision (net) |
(11,162,990.64)
|
(523,079.90)
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| Profit Before
Tax |
150,110,510.80
|
68,367,230.90
|
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| Provision for
taxation |
47,189,955.88
|
20,510,169.00
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| Profit After
Tax |
102,920,554.92
|
47,857,061.90
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| Provision for
dividends |
29,752,000.00
|
23,801,600.00
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Transfer To General Reserve |
73,168,554.92
|
24,055,461.90
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Significant Accounting
Policies &
Notes on Accounts (Schedule 11)
This is the Profit & Loss Account referred
to in our report of even date.
N. C. MITRA &
CO.
Chartered Accountants
Date : 23-Mar-01 
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