Regd. Office: Plot nos. 184, 185 & 189, Kundaim Industrial Estate Kundaim, Goa - 403 115
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31ST MARCH, 2009
| | | | (Rs. in Lakhs) |
| Particulars | Quarter ended | Quarter ended | Year ended |
| | 31.3.2009 | 31.3.2008 | 31.12.2008 |
1 | Gross sales / Income from Operations | 270,35 | 463,55 | 2.049,47 |
| Less : Excise duty | 12,53 | 18,41 | 111,04 |
| Net Sales | 257,82 | 445,14 | 1.938,43 |
2 | Other operating income | 0,22 | 2,18 | 138,54 |
3 | Total income | 258,04 | 447,32 | 2.076,97 |
| | | | |
4 | Expenditure | | | |
| a) (Increase) / decrease in stock in trade and work in progress | 50,99 | (145,22) | 66,19 |
| b) Consumption of raw materials and packing materials | 87,04 | 255,37 | 791,69 |
| c) Purchase of traded Goods | - | 0,55 | 12,04 |
| d) Employee cost | 81,53 | 69,78 | 334,62 |
| e) Depreciation and amortisation | 15,75 | 19,06 | 76,75 |
| f) Other expenditure | 125,12 | 252,31 | 684,54 |
| Total | 360,43 | 451,85 | 1.965,83 |
5 | Profit / (loss) from operations before other income and interest | (102,39) | (4,53) | 111,14 |
6 | Other income | 75,44 | 45,20 | 187,60 |
7 | Profit / (loss) before interest | (26,95) | 40,67 | 298,74 |
8 | Interest | 0,13 | 0,59 | 1,13 |
9 | Profit / (loss) from ordinary activities before tax | (27,08) | 40,08 | 297,61 |
10 | Net Tax expense | 7,09 | 11,59 | 91,07 |
11 | Profit / (loss) from ordinary activities | (34,17) | 28,49 | 206,54 |
12 | Paid up share Capital - Equity face value Rs. 10/- | 555,51 | 555,51 | 555,51 |
13 | Reserves (excluding Revaluation Reserve) | - | - | 2.049,10 |
14 | Basic and Diluted EPS (Not Annualised) (Rs.) | (0,62) | 0,51 | 3,72 |
15 | Aggregate of Public Shareholding | | | |
| - Number of Shares | 2.436.077 | 2.436.077 | 2.436.077 |
| - Percentage of Shareholding | 43,85 | 43,85 | 43,85 |
16 | Promoter and Promoter Group Shareholding | | | |
| Pledged/Encumbered | - | N.A. | N.A. |
| -Number of Shares | - | N.A. | N.A. |
| - Percentage of shares (as a % of the total shareholding of promoter and promoter group) | - | N.A. | N.A. |
| - Percentage of shares (as a % of the total share capital of the company) | - | N.A. | N.A. |
| | | | |
| Non-encumbered | | | |
| -Number of Shares | 3.119.057 | N.A. | N.A. |
| - Percentage of shares (as a % of the total shareholding of promoter and promoter group) | 100,00 | N.A. | N.A. |
| - Percentage of shares (as a % of the total share capital of the company) | 56,15 | N.A. | N.A. |
| | | | |
The above results were reviewed by the audit committee and taken on record at the Meeting of the Board of Directors held on April 30, 2009.
The results for the quarter ended March 31, 2009 and March 31, 2008 as stated above have been subjected to 'Limited Review' by the Auditors of the Company.
The company operates in a single business segment namely "Electrolytic products".
The number of investor complaints received during the quarter, resolved and pending are :
Total number of grievances pending at the beginning of the quarter: Nil
Total number of grievances received during the quarter: Nil
Total number of grievances disposed during the quarter: Nil
Total number of grievances pending at the end of the quarter: Nil
The figures for the previous periods have been regrouped wherever necessary.
| Date : April 30, 2009 | S C Jain |
| Place : Kundaim - Goa | Managing Director |