Financial Report

The business of the corporation has been steadily increasing since the inception year. The details of annual approved works, business and income expenditure of the corporation are as follows:

(Amount in Lakhs)

Sr. No.	Buildings	Sanctioned work
Sr. No.	Buildings	2016-17	2017-18	2018-19	2019-20	2020-21	2021-22	Total
1	Construction of Residential buildings	8004.93	6487.40	2256.79	2988.79	–	–	19737.91
2	Construction of Administrative buildings	2853.61	9028.69	8849.35	5438.67	–	634.56	26804.98
3	Construction of various types of buildings under Police Modernization scheme	253.25	–	–	630.92	–	–	884.17
	Total	11111.79	15516.09	11106.14	9058.38	–	634.56	47427.06
4-	Maintenance of Residential Buildings	–	–	–	800.05	2054.45	1762.78	2854.50
5-	Maintenance of Administrative Buildings	–	–	–	183.57	392.05	542.02	1117.67
	Total				983.62	2446.50	2304.80	5734.92
	Grand Total	11111.79	15516.09	11106.14	10042.00	2446.50	2939.46	53161.98

Comparative Statement of Annual Business of the Corporation

(Amount in Lakhs)

Sr. No.	Financial year	Amount
1	2016-17	14.31
2	2017-18	1934.46
3	2018-19	4966.79
4	2019-20	5497.67
5	2020-21	5079.73
6	2021-22 (November)	3569.37
	Grand total	21062.33

Income Expense Statement for the last 5 years of the Corporation: Since the corporation was formed in the year 2013, no construction work was done till the year 2015-16. From the year 2016-17, construction work was taken up. Following is the income-expenditure statement of the corporation (based on the audit certificate) from the year 2016-17 to the year 2019-20.:

Sr.No.	Budget Head	2018-19	2019-20	2020-21
(A) Income:
1	Prorata Charges	4,10,10,259	4,59,79,961.65	4,2717,865.53
2	Other Income	82,81,554	33,95,431	42,12,358.58
Gross Income		4,92,91,813	4,93,75,393	4,69,30,224.11
(B) Expenditure:-
3	Salary and Other Expenses	2,30,87,055	2,54,71,052.53	2,08,80,491.49
(C)	Profit before income tax	2,62,04,758	2,39,04,340	2,60,49,732.62
(D)	Income tax	61,25,355	87,40,250	72,95,196.82
(E)	Profit after Income tax	2,00,79,403	1,51,64,090	1,87,54,535.80
(F)	Declared Dividend and payment of income tax thereon	12,04,707	10,00,000	10,00,000
(G)	Net profit	1,88,74,696	1,41,64,090	1,77,54,535.80