Financial Results

Ten Years Financial Results At a Glance of ONGC TERI Biotech Limited

(Fig.in Rupees)
Particulars 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Share Capital 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Reserves & Surplus 0 54,499 16,855,558 44,338,266 77,123,632 117,171,926 162,060,260 246,383,942 346,731,834 401,752,137
Fixed Assets 0 0 231,092 5,294,947 5,384,810 4,818,733 5,412,434 8,808,380 9,497,400 9,409,759
Working Capital 219,333 817,965 16,929,142 39,326,061 98,897,460 107,922,728 165,585,675 286,945,544 368,660,665 393,563,314
Misc.Expenditure 280,667 224,533 168,400 112,267 70,166 0 0 0 0 0
Revenue From Projects Closed/Operations 0 8,075,885 76,536,727 136,063,230 138,803,022 144,871,170 154,452,042 447,747,613 221,689,900 203,755,992
Costs on Projects Closed/Project Expenses 0 7,097,786 46,384,722 86,135,505 76,259,093 71,830,357 71,962,253 255,853,929 78,045,910 96,664,438
Employee Benefit  0 0 2,499, 652 4,430, 748 6,439, 932 7,899, 664 9,134, 059 1,0336, 686 10,531, 830 11,074, 811
Other Expenses 0 193,004 2,965, 273 4,241, 265 5,806, 734 4,996, 038 5,805, 829 25,376,304 8,767, 118 8,361, 225
Provision for Tax & Other Comprehensive Income  0 242,596 8,345,303 13,514,128  16,386,233 19,234,828 21,529,080 52,573,560 40,912,667 31,792,695
Profit/Loss After Tax 0 542,499 16,331,971 27,482,709 32,785,365 40,048,293 44,888,334 102,404,870 82,347,891 55,020,303
Notes: 1. Revenue was recognised on the basis of Full Completion or Substantial Completion Method for Projects up to the year 2014-15.
             2. Ind AS was adopted with retrospectively w.e.f. 1st April,2015 and the Accounting Method of recognising Revenue was changed to Perportionate Completion Method for Projects.