 Audited Financial Results for the Year Ended 31st March 2010
| Figures in Rupees lakhs. |
| |
Quarter
ended
31.03.2010
(Audited) |
Quarter
ended
31.03.2009
(Audited) |
Current accounting year ended
31.03.2010
(Audited) |
Previous
accounting year ended
31.03.2009
(Audited) |
| 1 |
(a) Net Sales / Income from operations |
16,729 |
13,137 |
52,001 |
60,814 |
| (b) Other Operating Income |
364 |
282 |
1,554 |
916 |
| 2 |
Total Income [1(a)+(b)] |
17,093 |
13,419 |
53,555 |
61,730 |
| 3 |
Expenditure |
|
|
|
|
| a) (Increase) / decrease in stock in trade |
827 |
(225) |
255 |
56 |
| b) Consumption of raw materials |
8,752 |
9,745 |
31,955 |
34,635 |
| c) Employees cost |
599 |
580 |
2,039 |
1,993 |
| d) Depreciation |
478 |
456 |
1,938 |
1,831 |
| e) Other expenditure |
1,622 |
1,277 |
5,360 |
5,732 |
| f) Total |
12,278 |
11,833 |
41,547 |
44,247 |
| 4 |
Profit from Operations before Other Income, Interest & Exceptional Items (2-3) |
4,815 |
1,586 |
12,008 |
17,483 |
| 5 |
Other Income |
104 |
259 |
639 |
1,098 |
| 6 |
Profit before Interest & Exceptional Items (4+5) |
4,919 |
1,845 |
12,647 |
18,581 |
| 7 |
Interest |
25 |
(48) |
25 |
464 |
| 8 |
Profit after Interest but before Exceptional Items (6-7) |
4,894 |
1,893 |
12,622 |
18,117 |
| 9 |
Exceptional items |
- |
- |
- |
- |
| 10 |
Profit (+) / Loss (-) from Ordinary Activities before tax (8-9) |
4,894 |
1,893 |
12,622 |
18,117 |
| 11 |
Tax expense |
1,559 |
738 |
4,170 |
6,050 |
| 12 |
Net Profit (+) / Loss (-) from Ordinary Activities after tax (10-11) |
3,335 |
1,155 |
8,452 |
12,067 |
| 13 |
Extraordinary items (net of tax expenses) |
- |
- |
- |
- |
| 14 |
Net Profit (+) / Loss (-) for the period (12-13) |
3,335 |
1,155 |
8,452 |
12,067 |
| 15 |
Paid up Equity Share Capital (Face value : Rs.10 per share) |
1,540 |
1,540 |
1,540 |
1,540 |
| 16 |
Reserves excluding revaluation reserves as per balance sheet |
- |
- |
40,467 |
33,431 |
| 17 |
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 annualised) |
21.66 |
7.50 |
54.88 |
78.35 |
| b) Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not annualised) |
21.66 |
7.50 |
54.88 |
78.35 |
| 18 |
Public shareholding |
|
|
|
|
| - No of shares |
8,640,486 |
8,735,986 |
8,640,486 |
8,735,986 |
| - Percentage of shareholding |
56.11 |
56.73 |
56.11 |
56.73 |
| 19 |
Promoters and promoter group Shareholding |
|
|
|
|
| (a) Pledged / Encumbered |
|
|
|
|
| - No. of shares |
Nil |
Nil |
Nil |
Nil |
| - Percentage of shareholding (as a % of total shareholding of the promoter and promoter group) |
Nil |
Nil |
Nil |
Nil |
| - Percentage of shareholding (as a % of the total share capital of the company) |
Nil |
Nil |
Nil |
Nil |
| (b) Non-encumbered |
|
|
|
|
| - No. of shares |
6,759,514 |
6,664,014 |
6,759,514 |
6,664,014 |
| - Percentage of shareholding (as a % of total shareholding of the promoter & promoter group) |
100 |
100 |
100 |
100 |
| - Percentage of shareholding (as a % of the total share capital of the company) |
43.89 |
43.27 |
43.89 |
43.27 |
Notes:
- Figures for the previous period have been regrouped and reclassified to conform to the classification of current priod, where necessary.
- Sponge iron is the only reportable segment in accordance with the Accounting Standard 17 issued pursuant to the Companies (Accounting Standards), Rules, 2006
- The above results have been approved at the meeting of the Board of Directors held on 22nd April, 2010.
- The Board of Directors has recommended a dividend of Rs.8/- per equity share (i.e. 80%) for the year ended 31-03-2010. The cash outflow on account of dividend will be Rs.1232 lakh and for tax on distributed profit including Education Cess will be Rs.204.62 lakh.
- Total number of investor complaints pending at the beginning of the quarter - Nil; Received during the current quarter - Nil; Disposed of during the current quarter - Nil; and pending at the end of the quarter - Nil.
Jamshedpur
22nd April, 2010 |
For and on behalf of the Board of Directors
Suresh Thawani
( Managing Director ) |
|
