Unaudited Financial Results (Provisional) for the Three Months Ended 30th June, 2009

 
      [Rs. In Millons]
Sl. No. Particulars THREE MONTHS ENDED Previous Accounting Year Ended (Audited)
    30.06.2009 30.06.2008 31.03.2009
         
1 (a) Net Sales / Income from Operations 358.49   602.80   2524.84  
  (b) Other Operating Income -   -   5.81  
  Total (a+b) 358.49   602.80   2530.65  

2

 Total Expenditure            
  a) (Increase)/Decrease in Stock in Trade and Work in Progress

26.52

   (30.34)   (94.62)  
  b) Consumption of Raw Materials 80.59   239.79   979.04  
  c) Purchase of Traded Goods -   -   -  
  d) Employees Cost 41.79   55.1   211.57  
  e) Depreciation 67.76   59.91   257.72  
  f) Other Expenditure 54.47   100.16   386.09  
  g) Total 271.13.   424.61   1739.80  
3 Profit from Operations before Other Income, Interest & Exceptional Items (1-2) 87.36   178.19   790.85  
4 Other Income 18.73   2.47   6.77  
5 Profit Before Interest & Exceptional Items (3+4) 106.09   180.66   797.63  
6 Interest 8.52   7.15   86.25  
7 Profit After Interest but Before Exceptional Items (5-6) 97.57   173.51   711.38  
8 Exceptional Items - Exchange Loss on account of redemption of FCCB -   -   23.31  
9 Profit from Ordinary Activities before tax (7+8) 97.57   173.51   688.07  
10 Tax Expenses 33.22   61.82   247.46  
11 Net Profit from Ordinary Activities after tax (9-10) 64.35   111.69   440.61  
12 Extra Ordinary Items (net of tax expenses) -   -   -  
13 Net Profit for the period (11-12) 64.35   111.69   440.61  
14 Paid Up Equity Share Capital 81.72   81.72   81.72  
  (Face Value of Re.1 each)            
15 Reserves excluding Revaluation  Reserves as per Balance Sheet of previous accounting year         1941.15  
16 Earning per Share (EPS) - Rs.            
  a)  Basic EPS before Extra ordinary items for the period, for the year to date and for the previous year (not annualised) 0.79  

1.37

  

5.39

  
  b) Diluted EPS before Extra ordinary items for the period, for the year to date and for the previous year (not annualised) 0.79  

1.30

  

5.39

  
  c) Basic EPS after Extra ordinary items for the period, for the year to date and for the previous year (not annualised) 0.79   1.37   5.39  
  d) Diluted EPS after Extra ordinary items for the period, for the year to date and for the previous year (not annualised) 0.79   1.30   5.39  
17 Public Share Holding            
      -  No. of Shares 45192562  

45195674

  

45192562

  
      -  Percentage of Share Holding 55.30  

55.31

  

55.30

  
18 Promoters and Promoter group Shareholding            
  a) Pledged / Encumbered            
    -  Number of Shares NIL   NIL   NIL  
    - Percentage of Shares (as a % of the total shareholding of promoter and promoter group) NIL   NIL   NIL  
    - Percentage of Shares (as a % of the total share capital of the company) NIL   NIL   NIL  
  b) Non-Encumbered            
    - Number of Shares 36523291   36520179   36523291  
    - Percentage of Shares (as a % of the total shareholding of promoter and promoter group) 100   100   100  
    - Percentage of Shares (as a % of the total share capital of the company) 44.70   44.69   44.70  
               
 
1 The  above Unaudited   Financial   Results   were   reviewed by the Audit Committee and approved by  the  Board  of Directors of the Company at their Board Meeting held on 27th July, 2009.
2 The Companies Main Business is manufacture of Gears and Gear Products. There are no separate reportable segments as per Accounting Standard 17 (AS17).
3 The Company had no investor complaints pending as on 31st March, 2009. No Complaints received during the Quarter.
4 The  Statutory  Auditors of  the  Company  have carried  out a  Limited Review  of   Unaudited Financial Results for the Quarter Ended 30th June, 2009.
5 Other Income includes Exchange gain of Rs. 170.89 lacs determined as per Accounting Standard 11 (AS11) issued by the Institute of Chartered Accountants of India.
6 The Measures taken by the Company to revamp, restructure the entire operational and organisational structure and scaling down of plant operations has resulted in decrease in turnover.
7 Provision for Fringe Benefit Tax if any will be considered at the end of the year.
   
Coimbatore - 641 005 By Order of the Board
27.07.2009 P. SUBRAMANIAN
 

Chairman & Managing Director

 

Send comments to webmaster
© Copyright 2000 - 2001 Shanthi Gears, All rights reserved.