UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2008
(
Figures in Rupees Lacs)
|
Particulars |
Quarter |
Previous
Year Ended 31.03.2008
|
Ended
30.06.2008
|
Ended
30.06.2007
|
|
Gross Sales |
3258.86 |
2966.54 |
12267.09 |
|
Net Sales/Income from
Operations |
2900.54 |
2545.15 |
10555.50 |
|
Other
Income |
0.00 |
1.34 |
54.94 |
|
Total Income |
2900.54 |
2546.49 |
10610.44 |
|
Expenditure
|
| a) (Increase)/decrease in Stock in
Trade and work-in-progress. | |
(93.11) |
(292.89) |
(807.77) |
| (b) Consumption of Raw
Materials | |
1450.78 |
1466.61 |
5598.94 |
|
|
280.47 |
237.01 |
1082.10 |
|
(d) Depreciation |
161.05 |
77.25 |
378.73 |
|
(e) Other
Expenditure |
708.31 |
700.11 |
2827.62 |
|
Total
|
2507.50 |
2188.09 |
9079.62 |
|
Interest |
270.30 |
184.28 |
713.55 |
|
Profit / (Loss)
before Tax |
122.74 |
174.12 |
817.27 |
|
Tax
Expenses |
0.00 |
0.00 |
112.00 |
|
Net Profit /(Loss)
after tax
|
122.74 |
174.12 |
705.27 |
|
Paid Up Equity
Share Capital ( Face Value of the share Rs.10/- each) |
862.95 |
852.95 |
862.95 |
|
Reserves
excluding Revaluation Reserve as per balance sheet |
---- |
---- |
3918.45 |
|
EPS for the period |
|
- Basic (Rs.) |
1.42 |
2.04 |
8.24 |
|
- Diluted (Rs.) |
1.42 |
2.04 |
8.24 |
|
Public share
Holding |
|
|
5664425 |
5862185 |
5664425 |
|
Percentage of
Shareholding | |
65.64 |
68.72 |
65.64 |
|
|
Notes: |
|
1. |
The above results for the quarter ended 30th
June
2008, which have been subjected to a "Limited Review" by
the statutory auditors of the company, as per the listing
agreements with the stock exchanges have been reviewed by
the Audit Committee and approved by the Board of Directors
at its meeting held on 31st July 2008. |
|
2. |
The Company has only one business segment of manufacture and
sale of steel forgings. |
|
3. |
Number of complaints from share holders received during
the quarter 4 and disposed off during the quarter 4. There
were no pending complaints at the beginning or end of the
quarter. |
|
4. |
Unaudited consolidated
Financial results for the Quarter ended 30.06.2008.
( Rs. in Lakhs)
|
Particular |
Quarter Ended June'08 |
Year
ended March 31,2008 |
| Revenue (Gross) |
4040.89 |
12544.68 |
| Net Profit After
tax |
123.99 |
577.82 |
|
Earning Per Share |
| Basic ( In Rs.) |
1.43 |
6.70 |
| Diluted ( In Rs.) |
1.43 |
6.70 |
The
above Consolidated results for the Quarter ended 30th June ,2008
have been approved by the board at its meeting held on
31st July ,2008. |
|
5 |
Figures have been regrouped/rearranged wherever
necessary. |
|
6 |
Provision for Taxation
will be made in the year end. |
Date : 31/07/2008
Place: Chennai |
For and on behalf of the
Board
K.V.RAMACHANDRAN
VICE CHAIRMAN AND MANAGING
DIRECTOR | |
GENERAL SHAREHOLDERS INFORMATION
|
Listing on Stock
Exchanges |
The Company’s shares are listed on the Madras
Stock Exchange and The Stock Exchange,
Mumbai. |
| Stock Code |
Bombay Stock Exchange Ltd
Code
No.531144 |
| Registrars and Share Transfer
Agents |
M/s.Integrated Enterprises (India) Ltd
“Kences
Towers”, No.1, Ramakrishna Street
T.Nagar, Chennai
600 017
Phone : 044
- 28140801
Fax : 044 -
28143378 |
| Demat |
ISIN No. INE
158F01017 | |
|
