UNAUDITED FINANCIAL RESULTS ( PROVISIONAL) QUARTER ENDED 31st DECEMBER' 2007 |
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(Rs in lacs ) |
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Particulars |
Quarter ended |
9 Month Ended |
Previous
Accounting Year Audited |
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31.12.2007 |
31.12.2006 |
31.12.2007 |
31.12.2006 |
31.03.2007 |
1 |
Net Income from Sales/Services |
8695.01 |
5761.88 |
26319.38 |
18758.05 |
50535.26 |
2 |
Cost of Sales/Services |
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Total Expenditure |
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a) (Increase) / decrease in stock in trade |
(187.24) |
(405.98) |
(359.35) |
364.06 |
783.60 |
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b) Consumption of raw material |
6935.67 |
3963.03 |
20913.75 |
12764.49 |
42170.00 |
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c) Staff Cost |
201.25 |
150.10 |
457.41 |
374.44 |
510.79 |
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d) Excise Duty |
757.55 |
840.18 |
2332.72 |
2359.06 |
3039.78 |
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e) Other Expenditure |
298.93 |
510.46 |
1083.43 |
1349.38 |
1693.32 |
3 |
Gross Profit |
688.85 |
704.09 |
1891.42 |
1546.62 |
2337.77 |
4 |
General Administrative Expenses |
161.13 |
171.49 |
402.35 |
379.38 |
491.72 |
5 |
Selling and Distribution Expenses |
253.82 |
260.80 |
675.72 |
680.61 |
896.43 |
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Operating Profit before Interest & Depreciation |
273.90 |
271.80 |
813.35 |
486.63 |
949.62 |
6 |
Interest |
186.06 |
229.78 |
600.88 |
478.76 |
689.03 |
7 |
Depreciation |
77.04 |
52.45 |
191.29 |
196.20 |
261.44 |
8 |
Operating Profit (Loss) after Interest & Depreciation (1-2-4-5-7-8) |
10.80 |
(10.43) |
21.18 |
(188.33) |
(0.85) |
9 |
Other Income |
10.01 |
53.43 |
35.01 |
61.71 |
77.19 |
10 |
Profit/(Loss) before Tax |
20.81 |
43.00 |
56.19 |
(126.62) |
76.34 |
11 |
Provision for Current Tax |
15.43 |
0.00 |
33.25 |
0.00 |
63.48 |
12 |
Deferred Tax Liabilities /(Assets) |
(8.41) |
13.77 |
(14.33) |
(43.33) |
(21.47) |
13 |
Fringe Benefit Tax |
2.00 |
2.48 |
5.00 |
5.45 |
8.00 |
14 |
Net Profit / (Loss) (11-12-13-14) |
11.79 |
26.75 |
32.27 |
(88.74) |
26.33 |
15 |
Paid-up equity share capital |
2936.97 |
2380.06 |
2936.97 |
2380.06 |
2936.96 |
16 |
Paid-up preference share capital |
650.00 |
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650.00 |
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17 |
Reserves excluding revaluation reserves |
764.37 |
635.38 |
764.37 |
635.38 |
732.10 |
18 |
Earning Per Share (Not Annualised |
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Basic Rupees |
0.04 |
0.22 |
0.11 |
(0.37) |
0.11 |
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Diluted Rupees |
0.04 |
0.19 |
0.11 |
(0.30) |
0.09 |
19 |
Aggregate of non promoters share holding No.of Shares |
21795334 |
16874022 |
21795334 |
16874022 |
21907734 |
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Precentage of share |
74.26% |
70.85% |
74.26% |
70.85% |
74.55% |
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Segment wise revenue, results and capaital employed |
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(Rs in lacs ) |
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Particulars |
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1 |
Segment revenue |
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a) Steel Business |
7833.97 |
5815.31 |
25483.34 |
18819.76 |
40244.44 |
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b) Oils |
0 |
0.00 |
0.00 |
0.00 |
9137.41 |
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c) Others |
871.05 |
0.00 |
871.05 |
0.00 |
1230.60 |
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Total |
8705.02 |
5815.31 |
26354.39 |
18819.76 |
50612.45 |
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2 |
Segment results |
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(Profit / (Loss) before Interest and Tax) |
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a) Steel Business |
200.60 |
272.78 |
650.80 |
352.14 |
(433.11) |
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b)Oils |
0.00 |
0.00 |
0.00 |
0.00 |
1086.44 |
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c)Others |
6.27 |
0.00 |
6.27 |
0.00 |
112.04 |
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Total |
206.87 |
272.78 |
657.07 |
352.14 |
765.37 |
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Less-Interest |
186.06 |
229.78 |
600.88 |
478.76 |
689.03 |
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Profit/(Loss) before Tax |
20.81 |
43.00 |
56.19 |
(126.62) |
76.34 |
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3 |
Capital employed |
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(Segment Assets Less Segment Liabilities |
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a) Steel Business |
7715.13 |
6324.04 |
7715.13 |
6324.04 |
6333.55 |
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b) Oils |
1058.17 |
(7.65) |
1058.17 |
(7.65) |
1036.56 |
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c) Others |
358.86 |
0.05 |
358.86 |
0.05 |
33.81 |
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Total |
9132.16 |
6316.44 |
9132.16 |
6316.44 |
7403.92 |
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| 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 31st December'2007 were taken on record at the Board meeting held on 31st January '2008. |
| 3. |
The Un-audited (provisional) results are subject to Limited Review by Statutory Auditor's of the Company. |
| 4. |
There were no investor complaints pending at the beginning of the quarter and during the quarter Company has received 10 complaints which were disposed off. There were no complaints lying unresolved at the end of the quarter. |
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Dated: 31st January, 2008. |
For Ruchi Strips & Alloys Limited
Managing Director |
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