|
Unaudited
Financial Results
for the quarter and six months ended 30th
September 2005 |
|
Rs.
in Lacs |
|
|
Quarter
ended
30th September |
Six
months ended 30th September |
Financial Year ended
31.03.2005
Audited |
| |
Unaudited |
Unaudited |
| |
2005 |
2004 |
2005 |
2004 |
|
|
|
|
|
|
|
|
Sales/Income from Operations |
26020 |
21632 |
50462 |
41212 |
86717 |
|
Less : Excise Duty |
3077 |
2533 |
5984 |
4951 |
10156 |
|
Net Sales / Income from
Operations |
22943 |
19099 |
44478 |
36261 |
76561 |
|
Other Income |
252 |
510 |
963 |
1114 |
1680 |
|
Total Income |
23195 |
19609 |
45441 |
37375 |
78241 |
| |
|
|
|
|
|
| Expenditure |
|
|
|
|
|
|
a) (Increase) / decrease in stock-in-trade |
(1891) |
(1715) |
(2728) |
(1455) |
284 |
|
b) Material
Consumed |
15777 |
12955 |
29878 |
22989 |
45952 |
|
c) Staff
Cost |
1353 |
1241 |
2732 |
2483 |
4990 |
|
d) Other
Expenditure |
4906 |
4471 |
9602 |
8594 |
17715 |
|
Total |
20145 |
16952 |
39484 |
32611 |
68941 |
| |
|
|
|
|
|
|
Operating
Profit |
3050 |
2657 |
5957 |
4764 |
9300 |
|
Interest
Expense (net) |
120 |
43 |
175 |
72 |
350 |
|
Gross
Profit after Interest but before Depreciation
and Taxation |
2930 |
2614 |
5782 |
4692 |
8950 |
|
Depreciation |
557 |
505 |
1078 |
990 |
2014 |
|
Profit
Before Taxation excluding Exceptional Items |
2373 |
2109 |
4704 |
3702 |
6936 |
|
Exceptional Items (net) [Income
/ (Expense)] |
36 |
(62) |
(38) |
20 |
(1368) |
|
Profit
Before Taxation |
2409 |
2047 |
4666 |
3722 |
5568 |
|
Provision
For Taxation
- Current Tax |
760 |
(400) |
1360 |
- |
244 |
| - Deferred
Tax |
55 |
156 |
78 |
166 |
606 |
|
-
Fringe Benefits Tax |
50 |
- |
101 |
- |
- |
|
Net
Profit after Taxation |
1544 |
2291 |
3127 |
3556 |
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) |
3.78 |
5.61 |
7.65 |
8.70 |
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 six months ended 30th
September 2005 |
|
(Rs.
lacs) |
| |
Quarter
ended
30th Sep
(Unaudited) |
Six months ended
30th Sep
(Unaudited)
|
Year
ended
31st March,
2005
Audited |
| |
2005 |
2004 |
2005 |
2004 |
|
| 1.
Segment Revenue |
|
|
. |
... |
. |
| a)
Paints |
17082 |
14015 |
32623 |
26496 |
55665 |
| b)
Chemicals |
9044 |
7672 |
18012 |
14819 |
31324 |
| Total |
26126 |
21687 |
50635 |
41315 |
86989 |
| Less:
Inter segment revenue |
106 |
55 |
173 |
103 |
272 |
| Gross
Sales / Income from Operations |
26020 |
21632 |
50462 |
41212 |
86717 |
| 2.
Segment Results [Profit (+) / Loss (-) before
tax and interest from each segment] |
| a)
Paints |
1234 |
884 |
2065 |
1467 |
3173 |
| b)
Chemicals |
1002 |
755 |
1893 |
1263 |
2849 |
| Total |
2236 |
1639 |
3958 |
2730 |
6022 |
| |
|
|
|
|
|
Interest
(net) [Expense (-)/ Income(+)]
|
(120) |
(43) |
(175) |
(72) |
(350) |
| Other
un-allocable income (+) net of un-allocable
expenditure (-) |
257 |
513 |
921 |
1044 |
1264 |
| |
2373 |
2109 |
4704 |
3702 |
6936 |
| Exceptional
items (net) [(+) Income / (-) Expenditure] |
36 |
(62) |
(38) |
20 |
(1368) |
| Profit
before Taxation |
2409 |
2047 |
4666 |
3722 |
5568 |
| |
3.
Capital Employed (Segment Assets less
Segment Liabilities)
|
As at
30th September,
|
As at
31st March |
|
|
2005 |
2004 |
2005 |
| a)
Paints
|
14704 |
14494 |
13206 |
| b)
Chemicals |
6282 |
6176 |
7204 |
| c)
Others
|
23116 |
21264 |
19868 |
| Total
|
44102 |
41934 |
40278 |
| *(under
Clause 41 of the Listing Agreement)
|
|
| Notes |
-
The above results
have been approved by the Board of Directors
at its meeting held on 24 October, and
have been subjected to a "limited
review" by the statutory auditors
of the Company.
- Segment Revenue, Results and Capital
Employed figures include the respective
amounts identifiable to each of the segments.
Other un-allocable items in Segment Results
include income from investment of surplus
funds of the Company and un-allocable
corporate expenses. 'Others' in Capital
Employed includes un-allocable corporate
assets and liabilities, other than cash/cash
equivalents and borrowings.
-
Exceptional items
(net) for the current quarter consists
of:
- charge for voluntary retirement scheme
provision, of Rs 31 lacs;
- asset impairement charge of Rs 31
lacs, in respect of additions to fixed
assets in Rubber Chemicals business,
which have been recognised as impaired
assets.
-additional compensation received during
the quarter, for land acquired by Karnataka
Government, of Rs 98 lacs.
-
The Company received
one complaint from its investors during
the quarter, which has been resolved.
There were no complaints pending at
the beginning of the quarter.
-
The figures for the
previous periods have been regrouped/reclassified
wherever necessary.
|
Gurgaon
24 October 2005 |
Rajiv
Jain
Managing Director | | |
|
|
Financials
2005-2006 |
|
|
|
|
| Quarter
2 |
| |
|
| (PDF,
579KB) |
| |
|
| (PDF,
89KB) |
|
|
