ECONOMIC PERFORMANCE

(₹ in Crores)

Revenue from Operations for the year aggregated to ₹ 7,496.71 Crores as compared to ₹ 7393.30 Crores for the previous year, reflecting a growth of 1.4%.

While average crude oil prices declined compared to the previous year, the impact was partially offset by currency depreciation during the same period. As a result, overall raw material prices remained largely stable throughout the year. We continued our efforts to control overheads, with all departments working on their tasks and achieving positive results.

PBDIT for the year stood at ₹ 974.13 Crores, registering a decline from ₹ 1,022.88 Crores in the previous year, reflecting a degrowth of 4.8%. On the other hand, other income rose to ₹ 142.06 Crores, a notable increase from ₹ 93.11 Crores recorded in the previous year.

PBT for the year stood at ₹ 907.42 Crores, marginally lower than ₹ 923.57 Crores (before exceptional items) in the previous year, reflecting a degrowth of 1.7%. PAT declined to ₹ 1,021.24 Crores from ₹ 1,182.87 Crores in the previous year, marking a degrowth of 13.7%.

During the year, KNPL did not accept any deposits covered under Chapter V of the Companies Act, 2013. There are no significant or material orders passed by any regulators, courts, or tribunals against us that could impact our going concern status or our operations in the future.

There has been no change in our business during the year. Additionally, there have been no material changes or commitments affecting our financial position that occurred between the end of the financial year to which the financial statements relate and the date of this report.