STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE, 2012
          (   In Lacs)
Particulars Quarter Ended Previous 
Year Ended
30.06.2012 31.03.2012 30.06.2011 31.03.2012
(Unaudited) (Audited)
PART I  
1 Income from operations        
  a) Gross Sales / Income from operations  9595.39 10532.47 6805.05 33571.31
    Less : Excise Duty 544.15 510.54 341.15 1632.34
    Net Sales / Income from operations  9051.24 10021.93 6463.90 31938.97
  b) Other Operating Income 0.00 0.00 0.00 0.00
  Total Income from operations (net) 9051.24 10021.93 6463.90 31938.97
2 Expenses         
  a) Cost of materials consumed 1427.39 1359.97 721.40 4002.06
  b) Purchases of stock -in-trade (Outsourcing) 2693.60 3836.96 1741.89 11420.82
  c) Changes in inventories of finished goods, work-in-progress and stock-in-trade          (733.43)        (1,258.97)           (25.02)     (3,499.71)
  d) Employee benefits expenses 1327.20 1234.94 929.54 4313.32
  e) Depreciation & amortisation expenses 216.71 216.77 188.38 770.52
  f) Power and Fuel 469.41 527.83 237.50 1571.73
  g) Other expenses 2303.66 2725.09 1645.74 8794.26
  Total expenses 7704.54 8642.59 5439.43 27373.00
3 Profit from Operations before other Income, finance costs & Exceptional Items ( 1-2) 1346.70 1379.34 1024.47 4565.97
4 Other Income 157.65 192.97 93.58 684.68
5 Profit from ordinary activities before finance costs & Exceptional Items (3+4) 1504.35 1572.31 1118.05 5250.65
6 Finance Costs 124.26 116.67 72.29 400.57
7 Profit from ordinary activities after Finance Costs but  before  Exceptional  Items (5-6) 1380.09 1455.64 1045.76 4850.08
8 Exceptional items 0.00 0.00 0.00 0.00
9 Profit (+)/Loss (-) from ordinary activities before tax (7-8 ) 1380.09 1455.64 1045.76 4850.08
10 Tax expenses 455.93 526.73 355.74 1646.43
11 Net Profit(+)/Loss(-)from ordinary activities after tax(9-10) 924.16 928.91 690.02 3203.65
12 Extraordinary items (net of tax expenses ` - ) 0.00 0.00 0.00 0.00
13 Net Profit (+)/ Loss (-) for the period (11-12) 924.16 928.91 690.02 3203.65
14 Operating Profit Before Exceptional Item 1721.06 1789.08 1306.43 6021.17
15 Paid-up equity share capital (Face Value ` 5/- each) 632.74 632.74 632.74 632.74
16 Reserves excluding revaluation reserve as per balance sheet of previous accounting year  --- --- --- 13285.35
17 I Earnings Per Share(before extraordinary items)of ` 5/- each (not annualised)        
  a) Basic  7.30 7.34 5.45 25.32
  b) Dilluted  7.30 7.34 5.45 25.32
17 II Earnings Per Share (after extraordinary items)of ` 5/- each (not annualised)      
  a) Basic 7.30 7.34 5.45 25.32
  b) Dilluted  7.30 7.34 5.45 25.32
  c) Annualised Basic EPS before Extraordinary/exceptional items 29.21 29.36 21.81  
PART II          
A PARTICULARS OF SHAREHOLDING        
1 Public Shareholding         
    - No. of shares 5649194 5649194 5694694 5649194
    - Percentage of shareholding 44.64% 44.64% 45.00% 44.64%
2 Promoter and Promoters group shareholding        
  a) Pledged  / Encumbered         
  - Number of Shares 0 0 0 0
  -  % of shares ( as a % of the total shareholding of the  0.00 0.00 0.00 0.00
    promoter and promoter group)        
  - % of shares(as a % of the total share capital of the Company) 0.00 0.00 0.00 0.00
  b) Non - Encumbered        
  - Number of Shares 7005680 7005680 6960180 7005680
  -  % of shares ( as a % of the total shareholding of the  100.00 100.00 100.00 100.00
    promoter and promoter group)        
  -  % of shares ( as a % of the total share capital of the Company) 55.36% 55.36% 55.00% 55.36%
B INVESTOR COMPLAINTS Quarter Ended 30.06.2012  
  Pending at the beginning of the quarter   Nil    
  Received during the quarter   15    
  Disposed off during the quarter   15    
  Remaining unresolved at the end of the quarter   Nil    
Notes: 1 The above statement of Un-audited Financial Results were reviewed by the Audit Committee and approved by the Board of Directors
at its meeting held on 11.07.2012.
2 Figures have been regrouped wherever necessary.
3 The Company does not have more than one reportable segment. Accordingly, segmental information is not required to be provided.
4 The Statutory Auditors of the Company have carried out a limited Review of the Unaudited  Financial Results for the quarter ended 30.06.2012.
By Order of the Board
Date: 11.07.2012 Vikram Somany
Place: Ahmedabad Chairman and Managing Director