Statement of Profit or Loss and Other Comprehensive Income

For the year ended 31 March		2022	2021
	Note	Rs. ’000	Rs. ’000
Revenue	8	17,572,154	16,622,791
Interest income	9.1	15,194,413	14,877,242
Interest expense	9.2	6,156,858	7,282,499
Net interest income	9	9,037,555	7,594,743
Fee and commission income	10	311,128	406,234
Other operating income	11	2,066,613	1,339,315
Total operating income		11,415,296	9,340,292
Less: Impairment charges and other credit losses	12	1,195,145	1,421,500
Net operating income		10,220,151	7,918,792
Less: Operating expenses
Personnel expenses	13.1	1,772,596	1,402,328
Premises, equipment and establishment expenses	13.2	2,103,505	1,896,625
Other expenses	13.3	536,362	530,885
Total operating expenses	13	4,412,463	3,829,838
Operating profit before taxes on financial services		5,807,688	4,088,954
Less: Taxes on financial services	14	539,744	622,001
Profit before tax		5,267,944	3,466,953
Less: Income tax expense	15	1,655,864	909,999
Profit for the year		3,612,080	2,556,954
Other comprehensive income
Items that are or may be reclassified subsequently to profit or loss
Fair value changes in hedge reserve		(145,759)	(74,806)
Items that will not be reclassified to profit or loss
Change in deferred tax on revaluation due to rate change		–	32,087
Increase in revaluation surplus		284,076	–
Less: Deferred tax on revaluation		(68,178)	–
Equity investments at FVOCI - net change in fair value		75,240	68,116
Net actuarial gain/(loss) on defined benefit plan		319,405	(74,806)
Total other comprehensive income		464,784	25,397
Total comprehensive income for the year		4,076,864	2,582,351
Earnings per share
Basic earnings per share (Rs.)	16	51.75	36.64
Diluted earnings per share (Rs.)	16	51.14	36.20

The Notes to the Financial Statements form an integral part of these Financial Statements.

Figures in brackets indicate deductions.