Page 207 - BCML AR 2019-20

BALRAMPUR CHINI MILLS LIMITED

Notes forming part of the Standalone Financial Statements

Note No. : 36 Other disclosures (contd.)
7. Earnings per share - The numerators and denominators used to calculate Basic / Diluted earnings per share :

Sl. Particulars Year ended Year ended
No. 31st March, 2020 31st March, 2019
(i) Amount used as the numerator
Profit after Tax (H in Lacs) (A) 50928.18 57063.86
(ii) Weighted average number of equity shares outstanding used as the denominator
for computing Basic Earnings per share * (B) 221613887 228437725
(iii) Add: Weighted average number of dilutive potential equity shares account of
Employees Stock Option Scheme – –
(iv) Weighted average number of equity shares outstanding used as the denominator
for computing Diluted Earnings per share * (C ) 221613887 228437725
(v) Nominal value of equity shares (H) 1.00 1.00
(vi) Basic Earnings per share (H) (A/B) 22.98 24.98
(vii) Diluted Earnings per share (H) (A/C) 22.98 24.98
* The weighted average number of shares takes into account the weighted average effect of changes in number of shares due to buy back
of shares during the year ended 31st March, 2020 and employee stock options during the year ended 31st March, 2019.
8. The Company is eligible to receive various financial assistance from government authorities. Accordingly, the Company has
recognised these government grants in the following manner: (H in Lacs)
Sl. Particulars Treatment in Accounts Year Year
No. ended 31st ended 31st
March, 2020 March, 2019
(i) Grants related to Income
Revenue related Government Grants:
(a) Pradhan Mantri Rojgar Protsahan Deducted from Contribution to provident and other
Yojana (PMRPY) Plan Scheme funds under Employee benefits expense
(Refer footnote (i) below) 24.93 33.91
(b) Cane purchase subsidy (Refer Deducted from cost of materials consumed
footnote (ii) below) – 4930.98
(c) Cane crush subsidy (Refer footnote (iii) Deducted from cost of materials consumed 1901.33 12722.14
and (iv) below)
(d) Defraying expenditure towards (i) Deducted from Miscellaneous expenses under
internal transport, freight, handling Other Expenses 1.77 4194.75
and other charges on export (Refer
footnote (v) and (vi) below)
(ii) Shown as separate line item “Re-imbursement
of transportation expenses for export” under
Revenue from operations 90.11 593.88
(e) Towards marketing costs including Shown as separate line item “Export incentive and 27225.08 –
handling, upgrading and other assistance” under Revenue from Operations
processing costs and costs of
international and internal transport
and freight charges on export of sugar
(Refer footnote (vii) below)

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