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• Annual Report 2018-19
Shaping the future of software driven business
Financial Results
The highlights of the financial performance on a consolidated basis for the year ended March 31, 2019 are as under:
Particulars
Amount in
USD Million except
EPS and Book Value
Amount in
`
Million except
EPS and Book Value
% Change
(based on the
amounts in
`
)
2018-19 2017-18 2018-19 2017-18
Revenue from Operations
480.97 470.55 33,659.41
30,337.03
10.95 %
Earnings before interest, depreciation,
amortization and taxes
79.49 72.70 5,562.40 4,687.26
18.67 %
Finance Cost
0.04
0.01
3.05
0.79
286.08 %
Depreciation and amortization
22.47
24.58 1,572.51
1,584.87
(0.78) %
Other income
12.53
18.47
876.55
1,191.01
(26.40) %
Tax expense
19.24 16.47 1,346.60
1,061.73
26.83 %
Net profit
50.25
50.11
3,516.79 3,230.88
8.85 %
Transfer to general reserve
18.01
21.23 1,260.03
1,368.47
(7.92) %
Net worth*
338.51
326.00 23,394.09 21,245.60
10.11 %
Earnings per share (EPS) (Basic)
0.63
0.63
43.99
40.39
8.91 %
Earnings per share (EPS) (Diluted)
0.63
0.63
43.99
40.39
8.91 %
Book value per equity share
4.28
4.08 295.68
265.90
11.20 %
[Conversion Rate USD 1 =
`
69.98 for Profit and Loss items; USD 1 =
`
69.11 for Balance Sheet items (financial year 2018-19) and
USD 1=
`
64.47 for Profit and Loss items; USD 1 =
`
65.17 for Balance Sheet items (financial year 2017-18)].
*Net worth = Equity Share Capital + Reserves and Surplus (excluding Gain on bargain purchase) + Other Comprehensive Income
The highlights of the financial performance on an unconsolidated basis for the year ended March 31, 2019 are as under:
Particulars
Amount in
USD Million except
EPS and Book Value
Amount in
`
Million except
EPS and Book Value
% Change
(based on the
amounts in
`
)
2018-19 2017-18 2018-19 2017-18
Revenue from Operations
280.06 268.77 19,598.67 17,327.49
13.11 %
Earnings before interest, depreciation,
amortization and taxes
54.38 59.16 3,805.21
3,813.77
(0.22) %
Finance Cost
0.01
0.01
0.51
0.62
(17.74)%
Depreciation and amortization
6.56
8.34 458.84
537.81
(14.68)%
Other income
14.83
19.80 1,037.90 1,276.82
(18.71)%
Tax expense
17.63
17.54 1,233.68 1,130.99
9.08 %
Net profit
45.01
53.07 3,150.08
3,421.17
(7.92) %
Transfer to general reserve
18.01
21.23 1,260.03
1,368.47
(7.92) %
Net worth*
321.40 315.05 22,211.90 20,532.04
8.18 %
Earnings per share (EPS) (Basic)
0.56
0.66
39.40
42.76
(7.86) %
Earnings per share (EPS) (Diluted)
0.56
0.66
39.40
42.76
(7.86) %
Book value per equity share
4.06
3.94
280.74
256.65
9.39 %
[Conversion Rate USD 1 =
`
69.98 for Profit and Loss items; USD 1 =
`
69.11 for Balance Sheet items (financial year 2018-19) and
USD 1=
`
64.47 for Profit and Loss items; USD 1 =
`
65.17 for Balance Sheet items (financial year 2017-18)].
*Net worth = Equity Share Capital + Reserves and Surplus + Other Comprehensive Income
Material Events Occurring after Balance Sheet Date
There were no material changes and commitments affecting the financial position of your Company between the end of the
financial year and the date of this report.
Buyback of Equity Share of your Company
The Board of Directors of your Company, at its meeting held in January 2019, approved the buyback of the Company’s fully
paid-up equity shares of the face value of
`
10 each from its shareholders (excluding promoters, promoter group and persons
who are in control of the Company), via the “open market” route through the stock exchanges, for a total amount not exceeding
`
2,250 Million, and at a price not exceeding
`
750 per Equity Share.