| AUDITED
FINANCIAL RESULTS FOR THE QUARTER / YEAR ENDED 31ST MARCH 2004 |
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(Rs.
in lacs) |
| Particulars |
Nine months |
quarter
ended |
Audited for the |
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ended |
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year ended |
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31.12.2003 |
31.03.2004 |
31.03.2003 |
31.03.2004 |
31.03.2003 |
| 1 |
Net Sales (Net of Excise)/Income from
operations |
3435.70 |
1626.15 |
1276.70 |
5061.85 |
4149.85 |
| 2 |
Other Income |
17.90 |
21.76 |
25.99 |
39.66 |
31.63 |
| 3 |
Total Expenditure |
3018.37 |
1492.27 |
1201.58 |
4510.64 |
3688.75 |
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a) |
Increase/decrease in stock in trade |
(-) 115.33 |
122.41 |
165.83 |
7.08 |
188.82 |
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b) |
Consumption of raw materials |
571.87 |
220.41 |
163.90 |
792.28 |
586.29 |
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c) |
Purchases (Tradings) |
515.55 |
262.20 |
133.83 |
777.75 |
516.02 |
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d) |
Power & Fuel |
322.43 |
61.54 |
70.59 |
383.97 |
387.76 |
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e) |
Staff Cost |
615.88 |
291.30 |
277.65 |
907.18 |
823.03 |
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f) |
Other expenditure |
1107.97 |
534.41 |
389.78 |
1642.38 |
1186.83 |
| 4 |
Operating Profit |
435.23 |
155.64 |
101.11 |
590.87 |
492.73 |
| 5 |
Interest |
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98.59 |
23.52 |
33.11 |
122.11 |
152.24 |
| 6 |
Gross Profit |
336.64 |
132.12 |
68.00 |
468.76 |
340.49 |
| 7 |
Depreciation |
144.56 |
61.13 |
38.37 |
205.69 |
189.42 |
| 8 |
Profit
(+)/Loss (-) before tax |
192.08 |
70.99 |
29.63 |
263.07 |
151.07 |
| 9 |
Provision for taxation |
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Current |
29.55 |
3.45 |
4.00 |
33.00 |
16.50 |
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Deferred |
20.53 |
48.43 |
(-) 12.37 |
68.96 |
(-) 7.37 |
| 10 |
Net Profit
(+)/Loss (-) |
142.00 |
19.11 |
38.00 |
161.11 |
141.94 |
| 11 |
Paid-up
equity share capital |
268.75 |
268.75 |
268.75 |
268.75 |
268.75 |
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(Face
Value Rs. 5/- each) |
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| 12 |
Reserves excluding revaluation reserve |
-- |
-- |
-- |
1863.05 |
1747.42 |
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(as per
balance sheet) |
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| 13 |
Basic and diluted EPS |
2.64 |
0.36 |
0.71 |
3.00 |
2.64 |
| 14 |
Aggregate of Non-promoter Shareholding |
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- No. of shares |
2237034 |
2237034 |
2237034 |
2237034 |
2237034 |
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Percentage of shareholding |
41.62 |
41.62 |
41.62 |
41.62 |
41.62 |
| Notes: |
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| 1 |
The above
statement of Audited Financial Results were reviewed by the Audit
Committee and approved by the 'Board of Directors at its meeting held
on 15.06.2004. |
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| 2 |
Figures have been regrouped wherever necessary. |
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| 3 |
The company does not have more than one
reportable segment. Accordingly,
segmental information is not |
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required to be provided. |
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| 4 |
Status
of Investors' Complaints / Queries: Pending as on 01.01.2004 - NIL,
received during the quarter - 26, |
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disposed
off during the quarter - 26 and pending as on 31.03.2004 - NIL. |
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| 5 |
The Board has recommended dividend of
Rs.0.75 per fully paid Equity Share of Rs.5/- each. |
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By Order of the Board |
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| Date:
15.06.2004 |
|
Vikram Somany |
| Place:
Ahmedabad |
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Chairman-cum-Managing Director |
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