| UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2002 |
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(Rs. in lacs) |
| Particulars |
Quarter |
Previous |
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ended |
Accounting |
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30.06.2002 |
year ended |
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31.03.2002 |
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(Audited) |
| 1 |
Net
Sales / Income from operations |
955.06 |
4121.48 |
| 2 |
Other
Income |
1.85 |
98.48 |
| 3 |
Total
Expenditure |
859.62 |
3744.55 |
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a) |
Increase/decrease in stock in trade |
110.76 |
(-) 35.57 |
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b) |
Consumption of raw materials |
212.95 |
1061.97 |
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c) |
Staff Cost |
148.38 |
728.19 |
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d) |
Other expenditure |
387.53 |
1989.96 |
| 4 |
Operating
Profit |
97.29 |
475.41 |
| 5 |
Interest |
40.65 |
192.55 |
| 6 |
Gross
Profit |
56.64 |
282.86 |
| 7 |
Depreciation |
50.32 |
199.27 |
| 8 |
Profit (+)/Loss (-) before tax |
6.32 |
83.59 |
| 9 |
Provision
for taxation |
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- |
Current |
0.42 |
6.50 |
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- |
Deferred |
1.68 |
31.95 |
| 10 |
Net Profit (+)/Loss (-) |
4.22 |
45.14 |
| 11 |
Paid-up equity share capital |
268.75 |
268.75 |
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(Face Value Rs. 5/- each) |
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| 12 |
Reserves
excluding revaluation reserves |
-- |
1641.87 |
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(as per balance sheet) |
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| 13 |
Basic
and diluted EPS |
0.08 |
0.84 |
| 14 |
Aggregate
of Non-promoter Shareholding |
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- No. of shares |
2237034 |
2237034 |
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- Percentage of shareholding |
41.62 |
41.62 |
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| Notes: |
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| 1 |
These Results were taken on record by the Board of Directors in their meeting held |
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on 31.07.2002. |
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| 2 |
Pursuant
to the Order of Hon'ble Gujarat High Court dated 30.10.2001 for
transfer of Ceramic Division
of Madhusudan Industries
Limited into the Company,
figures for the quarter ended 30.06.2001
are not available, hence not given. |
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| 3 |
The actual production was adversely
affected due to labour
unrest during the current quarter, which has since
been resolved. |
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| 4 |
Quarterly figures have been regrouped
wherever necessary. |
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By Order of the Board |
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| Date: |
31.07.2002 |
Vikram Somany |
| Place: |
Ahmedabad |
Chairman |
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