|
(Rs. in Lacs) |
|
Particulars |
Quarter ended |
Half Year ended |
|
|
|
30.09.2009 |
30.09.2008 |
30.09.2009 |
30.09.2008 |
Previous Accounting Year Audited 31.03.2009 |
| 1 |
Net Income from Sales/Services |
12275.77 |
10130.74 |
20311.03 |
18364.62 |
58423.73 |
| 2 |
Cost of Sales/Services |
|
|
|
|
|
| |
Total Expenditure |
|
|
|
|
|
| |
a) (Increase) / decrease in stock in trade |
(684.24) |
(544.45) |
(629.88) |
193.87 |
(1133.17) |
| |
b) Consumption of raw material |
10598.35 |
7466.88 |
16623.89 |
12883.26 |
52651.81 |
| |
c) Staff Cost |
195.60 |
230.42 |
362.48 |
358.80 |
751.10 |
| |
d) Excise Duty |
587.76 |
1088.12 |
1170.46 |
2045.20 |
3255.37 |
| |
e) Other Expenditure |
386.86 |
407.75 |
839.23 |
775.29 |
1327.98 |
| 3 |
Gross Profit |
1191.44 |
1482.02 |
1944.85 |
2108.20 |
1570.64 |
| 4 |
General Administrative Expenses |
200.73 |
802.49 |
326.80 |
964.90 |
2247.06 |
| 5 |
Selling and Distribution Expenses |
396.19 |
220.93 |
636.64 |
342.58 |
905.52 |
| 6 |
Operating Profit before Interest & Depreciation |
594.52 |
458.60 |
981.41 |
800.72 |
(1581.94) |
| 7 |
Interest |
425.24 |
366.22 |
797.89 |
617.99 |
1602.62 |
| 8 |
Depreciation |
109.44 |
93.95 |
242.47 |
184.20 |
360.23 |
| 9 |
Operating Profit/(Loss) after Interest & Depreciation (1-2-4-5-7-8) |
59.84 |
(1.57) |
(58.95) |
(1.47) |
(3544.79) |
| 10 |
Other Income |
44.14 |
20.05 |
209.26 |
67.76 |
230.22 |
| 11 |
Profit/(Loss) before Tax |
103.98 |
18.48 |
150.31 |
66.29 |
(3314.57) |
| 12 |
Provision for Current Tax |
17.68 |
(1.55) |
25.55 |
15.00 |
0.00 |
| 13 |
Deferred Tax Liabilities /(Assets) |
64.03 |
8.00 |
51.21 |
8.06 |
(1126.71) |
| 14 |
Fringe Benefit Tax |
0.00 |
1.65 |
0.00 |
3.25 |
8.19 |
| 15 |
Income tax related to previous years |
- |
- |
- |
|
(37.62) |
| 16 |
Net Profit / (Loss) (11-12-13-14) |
22.27 |
10.38 |
73.55 |
39.98 |
(2158.43) |
| 17 |
Paid-up equity share capital |
2935.29 |
2936.97 |
2935.29 |
2936.97 |
2937.00 |
| 18 |
Paid-up preference share capital |
650.00 |
650.00 |
650.00 |
650.00 |
650.00 |
| 19 |
Reserves excl. revaluation reserves |
- |
- |
- |
- |
(1383.63) |
| 20 |
Earning Per Share (Not Annualised) |
|
|
|
|
|
| |
Basic & Diluted Rupees |
0.08 |
0.04 |
0.25 |
0.14 |
(7.34) |
| 21 |
Aggregate of non promoters share holding No.of Shares |
19713261 |
21205298 |
19713261 |
21205298 |
19749618 |
| |
Precentage of shareholding |
67.16% |
72.16% |
67.16% |
72.16% |
67.21% |
| 22 |
Promoter and Promoter Group |
|
|
|
|
|
| |
Shareholding |
|
|
|
|
|
| |
a) Pledged / Encumbered |
|
|
|
|
|
| |
-Number of shares |
2539400 |
2539400 |
2539400 |
2539400 |
2539400 |
| |
-Percentage of shares (as a % of the shareholding of promoter and promoter group) |
26.34% |
31.04% |
26.34% |
31.04% |
26.35% |
| |
-Percentage of shares (as a % of the total share capital of the company) |
8.65% |
8.64% |
8.65% |
8.64% |
8.64% |
| |
b) Non-encumbered |
|
|
|
|
|
| |
-Number of shares |
7100264 |
5642427 |
7100264 |
5642427 |
7098107 |
| |
-Percentage of shares (as a % of the shareholding of promoter and promoter group) |
73.66% |
68.96% |
73.66% |
68.96% |
73.65% |
| |
-Percentage of shares (as a % of the total share capital of the company) |
24.19% |
19.20% |
24.19% |
19.20% |
24.15% |
| |
Segment wise revenue, results and capaital employed
|
|
(Rs. in Lacs) |
| |
|
Quarter ended |
Half Year ended |
Previous |
| |
Particulars |
|
|
|
|
Accounting Year |
| |
|
|
|
|
|
Audited |
| |
|
30.09.2009 |
30.09.2008 |
30.09.2009 |
30.09.2008 |
31.03.2009 |
| 1 |
Segment revenue |
|
|
|
|
|
| |
a) Steel Business |
11494.08 |
10150.79 |
19694.46 |
18432.38 |
47369.77 |
| |
b) Oils |
0 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
c) Others |
825.83 |
0.00 |
825.83 |
0.00 |
11284.18 |
| |
Total |
12319.91 |
6939.08 |
20520.29 |
18432.38 |
58653.95 |
| |
|
|
|
|
|
|
| 2 |
Segment results |
|
|
|
|
|
| |
(Profit / (Loss) before Interest and Tax) |
|
|
|
|
|
| |
a) Steel Business |
529.22 |
384.70 |
945.33 |
684.28 |
(1769.00) |
| |
b)Oils |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
c)Others |
0.00 |
0.00 |
2.87 |
0.00 |
57.05 |
| |
Total |
529.22 |
384.70 |
948.20 |
684.28 |
(1711.95) |
| |
|
|
|
|
|
|
| |
Less-Interest |
425.24 |
366.22 |
797.89 |
617.99 |
1602.62 |
| |
Profit/(Loss) before Tax |
103.98 |
18.48 |
150.31 |
66.29 |
(3314.57) |
| |
|
|
|
|
|
|
| 3 |
Capital employed |
|
|
|
|
|
| |
(Segment Assets Less Segment Liabilities) |
|
|
|
|
|
| |
a) Steel Business |
14558.30 |
8595.47 |
14558.30 |
8595.47 |
13878.81 |
| |
b) Oils |
29.40 |
633.81 |
29.40 |
633.81 |
30.06 |
| |
c) Others |
68.06 |
588.20 |
68.06 |
588.20 |
60.50 |
| |
Total |
14655.76 |
9817.48 |
14655.76 |
9817.48 |
13969.37 |
|
|
|
|
|
|
|
| 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 September, 2009 were taken on record at the Board meeting held on 29th October,2009 |
| 3 |
There were no investor complaints pending at the beginning of the quarter and during the quarter Company has received 14 complaints which were resolved. There were no complaints lying unresolved at the end of the quarter. |
|
|
Dated: 29th October, 2009. |
For & on behalf of the Board of Directors
MANAGING DIRECTOR |
|
