| SRI POTTI SRIRAMULU NELLORE DISTRICT COOPERATIVE CENTRAL BANK LTD., NELLORE |
| PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED ON 31st March 2024 |
| (All amounts are in Indian Rupees) |
| S.No |
PARTICULARS |
Schedule |
Year ended on 31.03.2024 |
Year ended on 31.03.2023 |
| INCOME |
| 1 |
Interest Earned |
13 |
1,46,08,54,830.00
|
1,38,97,79,907.94
|
| 2 |
Other Income |
14 |
3,92,06,738.25
|
2,76,21,565.97
|
|
Total :: |
1,50,00,61,568.25
|
1,41,74,01,473.91
|
| Expenditure |
| 3 |
Interest expended |
15 |
1,15,11,45,199.69
|
84,58,65,936.11
|
| 4 |
Operating expenses |
16(A) |
27,29,30,865.91
|
22,34,16,833.15
|
| 5 |
Provisions & Contingencies
|
16(B) |
2,58,72,486.43
|
13,39,76,687.89
|
|
Total :: |
1,44,99,48,552.03
|
1,20,32,59,457.15
|
| PROFIT/LOSS |
| 6 |
Profit for the year |
|
5,01,13,016.22
|
21,41,42,016.76
|
| 7 |
Income Tax |
|
2,14,41,430.00
|
4,95,70,950.00
|
|
PROFIT AFTER TAX
:: |
2,86,71,586.22
|
16,45,71,066.76
|
| APPROPRIATIONS |
|
1Transfer to Statutory Reserve Fund |
50% |
- |
8,22,85,533.38
|
|
2Transfer to Risk Fund |
10% |
- |
1,64,57,106.68
|
|
3. Transfer to Dividend Equilisation Fund |
15% |
- |
2,46,85,660.01
|
|
4.Transfer to Tech.Adoption Fund |
10% |
- |
1,64,57,106.68
|
|
5.Transfer to Common Good Fund |
5% |
- |
82,28,553.34
|
|
6. Transfer to BuildingFund |
10% |
- |
1,64,57,106.68
|
|
Total Un distributed Profit for the year
:: |
100% |
- |
16,45,71,066.76
|
|
Significant Accounting policies |
17 |
|
Notes on Accounts |
18 |
| As per our report of even date |
For and on the behalf The District Cooperative Central Bank Limited, Nellore |
| M/s R. Ramesh Babu and Co., |
|
| Chartered Accountants, |
|
| Chief Executive Officer |
( S.SRINIVASA RAO ) |
| M.No.200399 |
|
| Place : Nellore |
|
| Date : |
|
