A holistic approch
To sustainability.
ECONOMIC PERFORMANCE
GRI Standards
Financial Performance
(₹ in Crores)
Revenue from operations for the year aggregated to ₹ 7,739.23 Crores, compared to ₹ 7,496.71 Crores in the previous year, reflecting 3.2% growth. Although average crude oil prices declined during the year, currency depreciation partially offset the impact. Consequently, overall raw material prices remained largely stable throughout the year.
Meanwhile, we continued our efforts to control overheads, with all departments contributing positively towards this objective. PBDIT for the year stood at ₹ 986.22 Crores, compared to ₹ 974.13 Crores in the previous year, reflecting 1.2% growth. In addition, other income increased to ₹ 152.46 Crores from ₹ 142.06 Crores recorded in the previous year.
PBT for the year stood at ₹ 898.91 Crores, marginally lower than ₹ 907.42 Crores reported in the previous year before exceptional items, reflecting a degrowth of 0.9%. PAT declined to ₹ 619.85 Crores from ₹ 1,021.24 Crores in the previous year, marking a degrowth of 39.3%. Return on net worth, excluding exceptional items, stood at 10.3% compared to 11.3% in the previous year.
During the year, KNPL did not accept any deposits covered under Chapter V of the Companies Act, 2013. Furthermore, no material orders were passed by regulators, courts, or tribunals that could affect our going concern status or future operations. There was also no change in the nature of our business during the year. Additionally, no material changes or commitments affecting our financial position occurred between the end of the financial year and the date of this report.
Way Forward
At KNPL, the agenda and preparations for the upcoming fiscal year are meticulously laid out at the start of the year. This comprehensive process involves formulating and developing a detailed yearly business plan encompassing all aspects of our operations and strategies. A detailed annual budget is prepared by the Management Committee, which includes functional heads, Managing Director and then approved by the Board of Directors, based on the annual business plan and macro environment, including currency value, raw material costs and energy costs, among other things. The functional heads and the Management Committee review the budget regularly. The Company monitors the budget using several IT platforms and has devised multiple system checks to keep it under control.
Revenue from Operations (₹ in Crores)
PROFIT (₹ in Crores)
PROFITABILITY (%)
Profitability ratios are based on Net Sales
*Before exceptional item
SHAREHODERS’ FUNDS (₹ in Crores)
RETURN ON CAPITAL EMPLOYED (%)
MARKET CAPITALISATION as on 31st March (₹ in Crores)
EARNINGS PER SHARE (EPS) (₹)
DIVIDEND (%)
BOOK VALUE PER SHARE as on 31st March (₹)
