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UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2005
           
      (Rs. in lacs)
Particulars   Previous
      Accounting
  quarter ended year ended
  30.06.2005 30.06.2004 31.03.2005
      (Audited)
1 Gross Sales 1753.14 1311.40 6772.09
  Excise Duty 171.90 132.74 678.44
  Net Sales 1581.24 1178.66 6093.65
2 Other Income 6.03 7.50 43.70
3 Total Expenditure 1334.76 996.50 5424.12
  a) Increase/decrease in stock in trade -176.08 -108.37 -122.72
  b) Consumption of raw materials 193.51 194.15 910.51
  c) Purchases (Tradings) 422.95 213.27 1234.80
  d) Power & Fuel 135.52 86.13 401.91
  e) Staff Cost 285.73 233.83 1007.59
  f) Other expenditure 473.13 377.49 1992.03
4 Operating Profit 252.51 189.66 713.23
5 Interest   41.42 31.09 104.11
6 Gross Profit 211.09 158.57 609.12
7 Depreciation 59.65 67.08 210.67
8 Profit (+)/Loss (-) before tax 151.44 91.49 398.45
9 Provision for taxation      
  - Current 24.44 30.00 164.10
  - Deferred 26.95 -7.73 -4.79
10 Net Profit (+)/Loss (-) 100.05 69.22 239.14
11 Paid-up equity share capital 268.75 268.75 268.75
  (Face Value Rs. 5/- each)      
12 Reserves excluding revaluation reserve --- --- 2022.77
  (as per balance sheet)      
13 Basic and diluted EPS (in Rs.) 1.86 1.29 4.45
14 Aggregate of Non-promoter Shareholding      
  - No. of shares 2237034 2237034 2237034
  - Percentage of shareholding 41.62 41.62 41.62
Notes:
1 The above statement of Unudited Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 28.07.2005.
2 Figures have been regrouped wherever necessary.
3 The Statutory Auditors of the Company have carried out a limited Review of the Unaudited  Financial Results for the quarter ended 30.06.2005.
4 Status of Investors' Complaints / Queries: Pending as on 01.04.2005 - NIL, received during the quarter - 14, disposed off during the quarter - 14 and pending as on 30.06.2005 - Nil.
By Order of the Board
Date: 28.07.2005 Vikram Somany
Place: Kolkata Chairman-cum-Managing Director