UNAUDITED FINANCIAL RESULTS ( PROVISIONAL)QUARTER ENDED 30th June 2008 |
| |
|
|
|
(Rs. in Lacs) |
| |
Particulars |
Quarter ended |
Previous
Accounting Year Audited |
| |
|
30.06.2008 |
30.06.2007 |
31.03.2008 |
| 1 |
Net Income from Sales/Services |
8233.88 |
5717.17 |
48355.88 |
| 2 |
Cost of Sales/Services
|
|
|
| |
Total Expenditure |
|
|
|
| |
a) (Increase) / decrease in stock in trade |
738.20 |
(618.22) |
(1195.42) |
| |
b) Consumption of raw material |
5416.38 |
4503.52 |
41233.33 |
| |
c) Staff Cost |
128.38 |
117.10 |
656.73 |
| |
d) Excise Duty |
957.08 |
786.05 |
3331.33 |
| |
e) Other Expenditure |
367.54 |
434.61 |
1596.87 |
| 3 |
Gross Profit |
626.30 |
494.11 |
2733.04 |
| 4 |
General Administrative Expenses |
160.98 |
114.68 |
548.47 |
| 5 |
Selling and Distribution Expenses |
121.65 |
136.43 |
989.91 |
| 6 |
Operating Profit before Interest & Depreciation |
343.67 |
243.00 |
1194.66 |
| 7 |
Interest |
208.92 |
186.04 |
859.03 |
| 8 |
Depreciation |
90.25 |
56.38 |
265.05 |
| 9 |
Operating Profit (Loss) after Interest & Depreciation (1-2-4-5-7-8) |
44.50 |
0.58 |
70.58 |
| 10 |
Other Income |
4.86 |
14.26 |
136.06 |
| 11 |
Profit/(Loss) before Tax |
49.36 |
14.84 |
206.64 |
| 12 |
Provision for Current Tax |
16.55 |
6.93 |
59.64 |
| 13 |
Deferred Tax Liabilities /(Assets) |
0.06 |
(1.93) |
11.80 |
| 14 |
Fringe Benefit Tax |
1.60 |
1.08 |
7.91 |
| 15 |
Income tax related to previous years |
|
|
75.65 |
| 16 |
Net Profit / (Loss) (11-12-13-14) |
31.15 |
8.76 |
51.64 |
| 17 |
Paid-up equity share capital |
2936.97 |
2936.96 |
2936.97 |
| 18 |
Paid-up Preference Share Capital |
650.00 |
|
650.00 |
| 19 |
Reserves excluding revaluation reserves |
- |
- |
774.81 |
| 20 |
Earning Per Share (Not Annualised) |
|
|
|
| |
Basic diluted Rupees |
0.11 |
0.03 |
0.18 |
| 21 |
Aggregate of non promoters share holding No.of Shares |
21205298 |
21822734 |
21205298 |
| |
Percentage of shareholding |
72.16% |
74.26% |
72.16% |
|
|
|
|
|
Segment wise revenue, results and capaital employed |
| |
|
|
|
(Rs. in Lacs) |
| 1 |
Segment revenue |
|
|
|
| |
a) Steel Business |
8238.74 |
5731.43 |
46233.29 |
| |
b) Oils |
0.00 |
0.00 |
828.78 |
| |
c) Others |
0.00 |
0.00 |
1429.87 |
| |
Total |
8238.74 |
5731.43 |
48491.94 |
| |
|
|
|
|
| 2 |
Segment results |
|
|
|
| |
(Profit / (Loss) before Interest and Tax) |
|
|
|
| |
a) Steel Business |
258.28 |
200.88 |
796.73 |
| |
b)Oils |
0.00 |
0.00 |
251.79 |
| |
c)Others |
0.00 |
0.00 |
17.15 |
| |
Total |
258.28 |
200.88 |
1065.67 |
| |
|
|
|
|
| |
Less-Interest |
208.92 |
186.04 |
859.03 |
| |
Profit/(Loss) before Tax |
49.36 |
14.84 |
206.64 |
| |
|
|
|
|
| 3 |
Capital employed |
|
|
|
| |
(Segment Assets Less Segment Liabilities) |
|
|
|
| |
a) Steel Business |
7601.43 |
7448.80 |
7740.60 |
| |
b) Oils |
703.31 |
1036.56 |
703.31 |
| |
c) Others |
62.34 |
746.45 |
62.34 |
| |
Total |
8367.08 |
9231.81 |
8506.25 |
|
|
|
|
|
| 1 |
Previous year's figures have been re-grouped and re-arranged wherever necessary to make them comparable. |
| 2 |
The un-audited Financial Results ( Provisional ) for the quarter ended 30th June, 2008, reviewed by Audit Committee, were taken on record at the Board meeting held on 31st July,2008 |
| 3 |
There were no investor complaints pending at the beginning of the quarter and during the quarter Company has received 7 complaints which were resolved. There were no complaints lying unresolved at the end of the quarter. |
|
For & on behalf of the Board of Directors
MANAGING DIRECTOR |
|
Dated: 31st July, 2008. |
