Calculation of profit under section 198 of companies act,2013 for the purpose of csr

Sir, Kindly provide me the detailed explanation for sub-clause (l) of clause (4) of section 198. I have doubt regarding adjustment of loss against profit which is illustrated below : Illustration Company ABC Ltd had loss of Rs 50 Lakh for FY 2012-13 and had profit of Rs 60 Lakh for FY 2013-14 & Balance of Free reserve & surplus as on 01.04.2012 is Rs 1.00 Crore so loss of FY 2012-13 i.e. amounting of Rs 50 Lakh should be adjusted against opening reserve or can i adjusted the same against Profit of FY 2013-14 - please explain