|
Unaudited
Financial Results
for the quarter ended 30th June 2005 |
|
Rs.
in Lacs |
| |
Quarter
ended
30th June |
Year
ended
31 March |
| |
Unaudited |
Audited |
| |
2005 |
2004 |
31.03.2005 |
|
|
|
|
|
Sales/Income from Operations |
24442 |
19850 |
86717 |
|
Less : Excise Duty |
2907 |
2418 |
10156 |
|
Net Sales / Income from
Operations |
21535 |
17162 |
76561 |
|
Other Income |
711 |
604 |
1680 |
|
Total Income |
22246 |
17766 |
78241 |
| |
|
|
|
| Expenditure |
|
|
|
|
a) (Increase) / decrease in stock-in-trade |
(837) |
260 |
284 |
|
b) Material
Consumed |
14101 |
10034 |
45952 |
|
c) Staff
Cost |
1379 |
1242 |
4990 |
|
d) Other
Expenditure |
4696 |
4123 |
17715 |
|
Total |
19339 |
15659 |
68941 |
| |
|
|
|
|
Operating
Profit |
2907 |
2107 |
9300 |
|
Interest
Expense (net) |
55 |
29 |
350 |
|
Gross
Profit after Interest but before Depreciation
and Taxation |
2852 |
2078 |
8950 |
|
Depreciation |
521 |
485 |
2014 |
|
Profit
Before Taxation from Operations
excluding Exceptional Items |
2331 |
1593 |
6936 |
|
Exceptional Items (net) [Income
/ (Expense)] |
(74) |
82 |
(1368) |
|
Profit
Before Taxation |
2257 |
1675 |
5568 |
|
Provision
For Taxation - Current Tax |
600 |
400 |
244 |
|
-
Deferred Tax |
23 |
10 |
606 |
| -
Fringe Benefits Tax |
51 |
- |
- |
|
Net
Profit after Taxation |
1583 |
1265 |
4718 |
|
Paid
- up Equity Share Capital
(ordinary shares of Rs 10/- each) |
4087 |
4087 |
4087 |
|
Reserves
excluding Revaluation Reserves |
|
|
48579 |
|
Basic and diluted
Earning per share (Rs.) (not annualised) |
3.87 |
3.10 |
11.54 |
| Aggregate
of non-promoters share holding |
|
|
|
| -Number
of shares |
20,094,399 |
20,094,399 |
20,094,399 |
| -Percentage
of shareholding |
49.17% |
49.17% |
49.17% |
|
|
Unaudited Quarterly
Reporting of Segment wise Revenue,
Results and Capital Employed*
For the quarter and year ended 30 June,
2005 |
| |
(Rs.
lacs) |
| |
Quarter
ended
30th June
|
Year
ended
31st March,
2005 |
| |
2005 |
2004 |
|
| |
Unaudited |
Audited
|
| 1.
Segment Revenue |
. |
... |
. |
| a)
Paints |
15541 |
12481 |
55665 |
| b)
Chemicals |
8968 |
7147 |
31324 |
| Total |
24509 |
19628 |
86989 |
| Less:
Inter segment revenue |
67 |
48 |
272 |
| Gross
Sales / Income from Operations |
24442 |
19580 |
86717 |
| 2.
Segment Results [Profit (+) / Loss (-)
before tax and interest from each segment] |
|
| a)
Paints |
831 |
583 |
3173 |
| b)
Chemicals |
891 |
508 |
2849 |
| Total |
1722 |
1091 |
6022 |
| |
|
|
|
Interest
(net) [Expense (-) / Income (+)]
|
(55) |
(29) |
(350) |
| Other
un-allocable expenditure(+) net of un-allocable
income(-) |
664 |
531 |
1264 |
| |
2331 |
1593 |
6936 |
Exceptional
items (net) [(+) Income /
(-) Expenditure] |
(74) |
82 |
(1368) |
| Profit
before Taxation |
2257 |
1675 |
5568 |
| |
| 3.
Capital Employed (Segment Assets - Segment
Liabilities) .
. |
As at
30th June,
|
As at
31st March, 2005 |
| |
2005 |
2004 |
|
| a)
Paints |
12670 |
13719 |
13206 |
| b)
Chemicals |
6396 |
5891 |
7204 |
| c)
Others |
19865 |
8915 |
19868 |
| Total... |
38931 |
28525 |
40278 |
Note:
Segment Revenue, Results and Capital Employed
figures include the respective amounts identifiable
to each of these segments. Other unallocable
items in Segment Results include income from
investment of surplus funds of the Company
and unallocable corporate expenses. 'Others'
in Capital Employed includes unallocable corporate
assets and liabilities, other than cash/cash
equivalents and borrowings.
*(under Clause 41 of the Listing
Agreement) |
|
| Notes
on Unaudited Financial Results for the quarter
ended 30th June, 2005: |
- The above results have been approved
by the Board of Directors at its meeting
on 18 July 2005 and have been subjected
to a 'limited review' by the statutory
auditors of the Company.
- Exceptional items (net) for the quarter
consist of :
- charge for Voluntary Retirement Scheme
provision of Rs 34 lacs
- asset impairment charge of Rs 40 lacs,
in respect of additions to fixed assets
in Rubber Chemicals business, which have
been recognised as impaired assets.
- The Company did not receive any complaints
from its investors during the quarter.
There were no complaints pending both
at the beginning and at the end of quarter.
- The figures for the previous periods
have been regrouped / reclassified wherever
necessary.
|
Gurgaon
July 18, 2005 |
Rajiv
Jain
Managing Director | |
|
|
|
Financials
2005-2006 |
|
Quarter
1 |
|
|
| |
| |
|
| (PDF,
579KB) |
| |
|
| (PDF,
89KB) |
|
|
