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| Sl. No. | Quarter ended 30th June 2006 (Unaudited) |
Quarter ended 30th June 2005 (Unaudited) |
Year ended 31st Mar 2006 (Audited) |
|
| 1 | Net Sales/Income from operations | 9,457.45 |
7,068.79 |
44,248.08 |
| 2 | Other Income | 95.29 |
36.17 |
829.30 |
| 3 | Total Expenditure | |||
| a) (Increase)/decrease in stock in trade | (1,660.99) |
(794.39) |
(1,758.94) |
|
| b) Consumption of raw materials | 7,825.92 |
5,425.50 |
31,683.65 |
|
| c) Staff Cost | 527.76 |
442.52 |
1,905.37 |
|
| d) Other expenditure | 1,355.08 |
964.13 |
6,452.79 |
|
| 4 | Interest | 369.11 |
355.38 |
1,398.08 |
| 5 | Depreciation | 267.88 |
231.28 |
943.01 |
| 6 | Profit(+)/Loss(-) before Tax and Extra Ordinary Items (1+2-3-4-5) |
867.98 |
480.54 |
4,453.42 |
| 7 | Extra Ordinaty Items | 57.44 |
59.37 |
355.64 |
| 8 | Profit(+)/Loss(-) before Tax (6-7) | 810.54 |
421.17 |
4,097.78 |
| 9 | Provision for taxation | |||
| Current | 199.80 |
135.00 |
1,302.95 |
|
| Deferred | 64.65 |
(21.84) |
(20.70) |
|
| Fringe Benefit Tax | 5.83 |
5.21 |
27.17 |
|
| 10 | Net Profit(+)/Loss(-) (8-9) | 540.26 |
302.80 |
2,788.36 |
| 11 | Paid up Equity Share Capital (Face | |||
| Value of the share Rs. 10/-) | 613.04 |
564.74 |
570.78 |
|
| 12 | Reserves excluding revaluation | |||
| reserves(as per Balance Sheet) | 9,695.60 |
|||
| 13 | Earning Per Share for the period, for the | |||
| year to date and for the previous year | ||||
| - Before Extra Ordinary Items | ||||
| (i) Basic | 10.03 |
6.41 |
55.67 |
|
| (ii) Diluted | 9.66 |
6.41 |
54.22 |
|
| - After Extra Ordinary Items | ||||
| (i)Basic | 9.07 |
5.36 |
49.37 |
|
| (ii) Diluted | 8.73 |
5.36 |
48.09 |
|
| 14 | Aggregate of Non-Promoter | |||
| Shareholding | ||||
| Number of Shares | 3,526,871 |
3,044,987 |
3,105,360 |
|
| Percentage of shareholding | 57.53% |
53.92% |
54.41% |
|
| Notes: | ||||
| 1) | The aforesaid results were reviewed by the audit committee at its meeting held on 25th July, 2006 and taken on record at the meeting of Board of Directors held on the same date. The Statutory Auditors have carried out a Limited Review of above results. | |||
| 2) | Information on investor complaints for quarter ended 30th June, 2006 is as under: | |||
| - Complaints pending as on April 1, 2006 - Complaints received during the quarter - Complaints solved during the quarter - Complaints pending as on June 30, 2006 |
Nil 03 03 Nil |
|||
| 3) | During the Quarter, Foreign Currency Convertible Bonds (FCCBs) aggregating to US$ 7 Million (against FCCB Issue aggregating to US$ 9 Million) have been converted into 4,22,611 Equity Shares of Rs. 10/- each at a conversion price of Rs. 750/- per share, thereby increasing the paid up capital of the Company by Rs. 42.26 Lacs and share premium account by Rs. 3127.32 Lacs. Upto 30.06.2006, FCCBs aggregating US$ 8 Million have been converted into 4,82,984 Equity shares. | |||
| 4) | The diluted Earning Per Share has been computed after taking into account the impact of issue of US$ 9 Million FCCBs, carrying conversion right into equity shares at Rs. 750/- per share of Rs. 10/- each at a exchange rate of 1US$ = Rs. 45.28 after December 20, 2005 but upto December 19, 2010 as per AS-20. | |||
| 5) | Accounting treatment for VAT credit on goods lying in stock at the inception of the VAT scheme w.e.f April 1, 2006 will be given during the year in accordance with the Guidance note issued by ICAI. | |||
| 6) | Extra Ordinary Items includes: | |||
| a. Amount written off on account of VRS and Gratuity : For the Quarter Rs. 57.44 Lacs (Corresponding Quarter of Previous year : Rs. 59.37 Lacs). For previous year: Rs.237.48 Lacs | ||||
| b. FCCB Issue Expenses: For the Quarter NIL. (Corresponding Quarter of Previous year : NIL). For previous year :Rs. 118.16 Lacs (Net of Rs. 33.66 Lacs being Interest earned on FCCB Funds held in the form of Deposits.). | ||||
| 7) | The Previous Year's figures have been regrouped / recast whereever necessary. | |||
| Place : | Mumbai | For and on behalf of Board of Directors | ||
| Date: | 25th July 2006 | Chairman & Managing Director | ||