Profit And Loss Account

THE DISTRICT CO-OPERATIVE CENTRAL BANK LTD., ELURU.
Profit and Loss Account for the year ended on 31-Mar-2024
Income	Schedule No	Year ended on 31-Mar-2024 (Current Year) Rs.	Year ended on 31-Mar-2023 (Previous Year) Rs.
Interest earned	13	3,219,719,041.80	2,727,262,703.24
Other Income	14	34,699,607.63	78,318,522.72
Total		3,254,418,649.43	2,805,581,225.96
Expenditure	Schedule No	Year ended on 31-Mar-2024 (Current Year) Rs.	Year ended on 31-Mar-2024 (Current Year) Rs.
Interest expended	15	2,778,773,688.69	2,202,743,743.63
Operating expenses	16	522,772,814.93	400,934,257.86
Provisions & Contingencies	17	475,110,558.11	452,972,931.09
Total		3,776,657,061.73	3,056,650,932.58
Prior period expenses		62,098,642.00	105,814,958.08
Net Loss before the Tax (A-B)		(584,337,054.30)	(356,884,664.70)
Income Tax:
Prior Period Tax		18,506,922.00
b) Deferred Tax (Asset)/Liability		–	–
Total Tax(a+b)		18,506,922.00	–
Loss After Tax		(602,843,976.30)	(356,884,664.70)
Deferred Tax Income		–	–
Surplus Brought Forward		(356,884,664.70)	–
Total		(959,728,641.00)	(356,884,664.70)
Appropriations
Transfer to Statutory reserve		–	–
Transfer to Agricultural Credit Stabilization fund		–	–
Transfer to Other Reserves *		–	–
Dividend *		–	–
Balance Carried Over to Balance Sheet		(959,728,641.00)	(356,884,664.70)
Total		(959,728,641.00)	(356,884,664.70)
Basic Earnings per Share		–	–
Diluted Earnings per Share		–	–
Accounting Policies	18
Notes on Accounts	19
As per our report of even date annexed hereto
For Kunda & Associates	For The District Co-operative Central Bank Limited, Eluru
Chartered Accountants
FRN: 010579S


	Chief Executive Officer
K Ramgopal
Partner
M.No:041997
		Director	Director
Place : Eluru
Date : 27-Jun-2024