Arohan Financial Services Limited | Annual Report 2022-23

| 120 Annual Report | 2022-2023 Financial Arohan Financial Services Limited Statement of Profit and Loss for the year ended 31 March 2023 (All amounts in ` lakhs unless otherwise stated) Note 1 to 61 form an integral part of these Financial Statements This is the Statement of Profit and Loss referred to in our report of even date. For M S K A & Associates For and on behalf of the Board of Directors of Chartered Accountants Arohan Financial Services Limited Firm Registration No. 105047W Tushar Kurani Manoj Kumar N Nambiar Vineet Chandra Rai Partner Managing Director Director Membership No. 118580 DIN: 03172919 DIN: 00606290 Place: Kolkata Place: Kolkata Anirudh Singh G Thakur Milind R Nare Company Secretary Chief Financial Officer Place: Mumbai Place: Kolkata Place: Kolkata Date: 12 May 2023 Date: 12 May 2023 Notes Year ended 31 March 2023 Year ended 31 March 2022 Revenue from operations Interest income 26 93,096.90 85,872.70 Dividend income 27 - 3.50 Fees and commission income 28 10,209.69 4,172.35 Net gain on derecognition of financial instruments 29 3,586.49 - Other operating income 30 52.30 124.02 Total revenue from operations 1,06,945.38 90,172.57 Other income 31 2,154.14 1,870.03 Total Income 1,09,099.52 92,042.60 Expenses Finance costs 32 46,864.42 40,176.34 Impairment on financial instruments 33 19,264.99 13,566.80 Employee benefits expenses 34 24,614.80 21,039.10 Depreciation and amortization 35 476.24 586.07 Other expenses 36 8,883.71 8,380.19 Total Expenses 1,00,104.16 83,748.50 Profit before tax 8,995.36 8,294.10 Tax expense: 38 Current tax 1.96 8.93 Deferred tax expense 2,014.95 2,178.62 Tax expense for earlier years (93.18) 11.52 Total tax expenses 1,923.73 2,199.07 Profit/ (loss) for the year 7,071.63 6,095.03 Other Comprehensive Income (A) Items that will not be reclassified to profit or loss (i) Remeasurement of post employment benefit obligations (350.99) (223.42) (ii) Equity instruments through other comprehensive income - 5.00 (iii) Income tax relating to these items 88.34 55.40 Subtotal (A) (262.65) (163.02) (B) Items that will be reclassified to profit or loss (i) Fair valuation of financial assets - - (ii) Income tax relating to these items - - Subtotal (B) - - Total other comprehensive income (A + B) (262.65) (163.02) Total comprehensive income for the year 6,808.98 5,932.01 Earnings per equity share 39 Nominal value per share 10.00 10.00 Basic ( ` ) 6.05 5.22 Diluted ( `) 5.84 5.20