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Given below are the income statements of SRJ Motors Limited, an automobile manufacturer based out of Nashik, Maharashtra for the past four years. Total Revenue

image text in transcribed Given below are the income statements of SRJ Motors Limited, an automobile manufacturer based out of Nashik, Maharashtra for the past four years. Total Revenue 31-Mar-15 31-Mar-16 30,00,00,000 33,60,00,000 31-Mar-17 31-Mar-18 *37,50,00,000*40,50,00,000 19,50,00,000 20,83,20,000 24,37,50,000 26,73,00,000 Cost of Revenue Gross Profit *10,50,00,000 12,76,80,000 13,12,50,000 13,77,00,000 Total Operating Expenses *5,77,50,000 *7,66,08,000 8,00,62,500 *8,53,74,000 Operating Income or Loss 4,72,50,000 Interest Expense *1,27,57,500 Income Before Tax *3,44,92,500 5,10,72,000 1,53,21,600 *3,57,50,400 *5,11,87,500 5,23,26,000 1,38,20,625 1,72,67,580 *3,73,66,875 *3,50,58,420 Income Tax Expense Net Income *1,20,72,375 *1,07,25,120 2,24,20,125 2,50,25,280 1,12,10,063 2,61,56,813 *1,05,17,526 2,45,40,894 A. Perform the vertical analysis on the income statement for SRJ Motors Limited for the year ending 31 March 2018. [3]

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