|
|
|
|
|
|
(Rs. In lacs) |
| Sl. No. |
|
Particulars |
Quarter ended 31/12/2008 (Unaudited) |
Quarter ended 30/12/2007 (Unaudited) |
Nine Months ended 30/12/2008 (Unaudited) |
Nine Months ended 30/12/2007 (Unaudited) |
Year ended 31/03/2008 (Audited) |
| 1 |
a) |
Net Sales/Income from Operations |
24128.99 |
19920.70 |
80842.18 |
63692.10 |
97003.15 |
| |
b) |
Other Operating Income |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| 2 |
|
Expenditure |
|
|
|
|
|
| |
a) |
(Increase)/decrease in stock in trade and work in progress |
-814.36 |
1186.92 |
1214.19 |
1435.53 |
-3874.16 |
| |
b) |
Consumption of raw materials |
18494.37 |
14681.64 |
60956.84 |
52985.82 |
75238.70 |
| |
c) |
Purchase of traded goods |
5737.93 |
1862.29 |
10968.28 |
2027.08 |
15125.74 |
| |
d) |
Employees Cost |
79.10 |
80.42 |
209.13 |
233.59 |
200.76 |
| |
e) |
Depreciation |
488.01 |
246.42 |
1462.97 |
739.27 |
1237.12 |
| |
f) |
Other Expenditure |
2384.90 |
1395.92 |
7263.65 |
4519.08 |
7309.84 |
| |
g) |
Provision for Premium on FCCB |
469.15 |
357.73 |
1301.24 |
999.18 |
1309.87 |
| |
h) |
Total |
26839.10 |
19811.34 |
83376.30 |
62939.55 |
96547.87 |
| 3 |
|
Profit from Operations before Other Income, Interest and Exceptional Items (1-2) |
-2710.11 |
109.36 |
-2534.12 |
752.55 |
455.28 |
| 4 |
|
Other Income |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| 5 |
|
Profit before Interest and Exceptional Items (3+4) |
-2710.11 |
109.36 |
-2534.12 |
752.55 |
455.28 |
| 6 |
|
Interest |
-32.81 |
-47.03 |
24.72 |
-283.93 |
-673.18 |
| 7 |
|
Profit after Interest but before Exceptional Items (5-6) |
-2677.30 |
156.39 |
-2558.84 |
1036.48 |
1128.46 |
| 8 |
|
Exceptional items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| 9 |
|
Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) |
-2677.30 |
156.39 |
-2558.84 |
1036.48 |
1128.46 |
| 10 |
|
Tax Expense |
95.10 |
4.65 |
324.60 |
879.04 |
453.79 |
| |
a) |
Provison for Current Tax |
0.00 |
0.00 |
20.00 |
868.39 |
180.00 |
| |
b) |
Provision for Deferred Tax |
90.00 |
0.00 |
295.00 |
0.00 |
262.29 |
| |
c) |
Provision for Fringe Benefit Tax |
5.10 |
4.65 |
9.60 |
10.65 |
11.50 |
| 11 |
|
Net Profit (+)/ Loss (-) from Ordinary Activities after tax (9-10) |
-2772.40 |
151.74 |
-2883.44 |
157.44 |
674.67 |
| 12 |
|
Extraordinary Items Net of Tax Expense |
0.00 |
0.00 |
0.00 |
3250.00 |
2881.78 |
| 13 |
|
Net Profit(+)/ Loss(-) for the period (11-12) |
-2772.40 |
151.74 |
-2883.44 |
3407.44 |
3556.45 |
| 14 |
a) |
Paid-up equity share Capital (Face Value of the share- Rs.1/-) |
2029.83 |
2029.83 |
2029.83 |
2029.83 |
2029.83 |
| |
b) |
Paid-up preference share capital ( Face Value of the Share- Rs.100/-) |
5460.61 |
5460.61 |
5460.61 |
5460.61 |
5460.61 |
| 15 |
|
Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year |
0.00 |
0.00 |
0.00 |
0.00 |
9825.30 |
| 16 |
|
Earnings Per Share (EPS) |
|
|
|
|
|
| |
(a) |
Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not annualized) |
|
|
|
|
|
| |
i) |
-Basic EPS for the period (Rs.) |
-1.37 |
0.07 |
-1.42 |
0.08 |
0.33 |
| |
ii) |
-Diluted EPS for the period (Rs.) |
-1.14 |
0.06 |
-1.18 |
0.07 |
0.28 |
| |
(b) |
Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not annualised) |
|
|
|
|
|
| |
i) |
Basic EPS for the period (Rs.) |
-1.37 |
0.07 |
-1.42 |
1.68 |
1.56 |
| |
ii) |
Diluted EPS for the period (Rs.) |
-1.14 |
0.06 |
-1.18 |
1.42 |
1.30 |
| 17 |
|
Public Shareholding |
|
|
|
|
|
| |
|
- Number of Shares |
80480752 |
74994960 |
80480752 |
74994960 |
80480752 |
| |
|
-Percentage of shareholding |
39.65 |
36.95 |
39.65 |
36.95 |
39.65 |
|
|
|
|
|
|
|
|
SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED |
| (Rs. In lacs) |
| 1 |
|
Segment Revenue (including other income allocable to segments) |
| |
a) |
Oils |
23516.81 |
19559.43 |
78842.64 |
62443.72 |
94519.49 |
| b) |
|
Infrastructure |
564.81 |
285.42 |
1860.91 |
1087.85 |
1616.31 |
| c) |
|
Others |
47.37 |
75.85 |
138.63 |
160.53 |
867.35 |
| |
|
Total |
24128.99 |
19920.70 |
80842.18 |
63692.10 |
97003.15 |
| |
|
Less: Inter Segment Revenue |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
|
Net sales/Income From Operations |
24128.99 |
19920.70 |
80842.18 |
63692.10 |
97003.15 |
| 2 |
|
Segment Results (Profit)(+)/loss(-) before tax and interest from each segment |
|
a) |
Oils |
-2291.81 |
285.06 |
-1809.30 |
1053.09 |
1235.40 |
|
b) |
Infrastructure |
50.92 |
190.03 |
566.39 |
700.18 |
815.81 |
|
c) |
Others |
-469.22 |
-365.73 |
-1291.21 |
2249.28 |
1285.85 |
| |
|
Total |
-2710.11 |
109.36 |
-2534.12 |
4002.55 |
3337.06 |
| |
|
Less: (i) Interest |
-32.81 |
-47.03 |
24.72 |
-283.93 |
-673.18 |
| |
|
(ii) Other un-allocable expenditure net off un-allocable income |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
|
(ii) Un-allocable Income |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
|
Total Profit Before Tax |
-2677.30 |
156.39 |
-2558.84 |
4286.48 |
4010.24 |
| 3 |
|
Capital Employed |
|
a) |
Oils |
4648.61 |
2725.46 |
4648.61 |
2725.46 |
4120.23 |
|
b) |
Infrastructure |
6643.45 |
10538.51 |
6643.45 |
10538.51 |
9414.74 |
|
c) |
Others |
3140.23 |
4527.14 |
3140.23 |
4527.14 |
3780.46 |
| |
|
Total |
14432.29 |
17791.11 |
14432.29 |
17791.11 |
17315.43 |
|
|
|
|
|
|
|
|
| Note: |
| 1. |
The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors at its meeting held on 30th January, 2009. The results are subject to review by the Staututory Auditors. |
| 2. |
Previous Year's figures have been regrouped wherever necessary. |
| 3. |
The Company did not have any investor complaints pending at the beginning of the quarter and no complaints were received during the quarter ended 31st December 2008. |
| 4. |
The above financial results for the quarter ended and nine month ended 31st December, 2008 do not include provision for notional and uncrystallised currency exchange fluctuation effect of Rs.568.70 lacs and Rs.2963.70 lacs respectively on Foreign Currency Convertible Bonds (FCCBs) for which the Company will not be liable , if the FCCBs are converted on or before the due date i.e. 5th February 2012. Net Profit for the quarter would have been lower to that extent had the provision for the said currency fluctuation been made in terms of AS 11. |
| |
| |
|
Place: Mumbai
Dated: 30th Jan., 2009 |
For & On behalf of the Board of Directors
sd/-
Director |
|
|
Financial
Results :