STANPACKS (INDIA) LTD.
	Regd. Office: "S.K.Enclave", New No. 4, Old No. 47, Nowroji Road, Chetpet, Chennai 600 031.
	AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31st March 2011
						(Rs. In Lakhs)
	Sl. No	Particulars	3months ended		Year ended
			(Unaudited)		(Audited)
			31/03/2011	31/03/2010	31/03/2011	31/03/2010
	1	(a) Net Sales/ Income from Operations	705.22	650.12	2,973.15	2,694.48
		(b) Other Operating Income	-	-	-	-
	2	Expenditure
		a. Increase /decrease in stock in trade and  work in progress	(107.49)	(92.61)	(268.79)	(131.44)
		b. Consumption of raw materials	505.47	489.01	2,267.50	1,956.66
		c. Employees cost	64.84	73.28	229.27	266.27
		d. Depreciation	24.06	24.56	97.97	98.54
		e. Other expenditure	157.71	112.20	430.26	416.00
		f. Total	644.59	606.44	2,756.21	2,606.02
	3	Profit from Operations before Other income, interest and Exceptional Items (1-2)	60.63	43.68	216.94	88.46
	4	Other Income	(10.04)	0.63	4.71	7.86
	5	Profit before Interest and Exceptional Items (3+4)	50.59	44.30	221.65	96.32
	6	Interest	51.53	48.61	197.24	185.73
	7	Profit after Interest but before exceptional items (5-6)	(0.94)	(4.31)	24.41	(89.41)
	8	Exceptional Items	1.96	0.14	15.90	1.51
	9	Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8)	(2.89)	(4.45)	8.51	(90.92)
	10	Tax expense	0.00	2.00	0.00	(27.42)
	11	Net Profit (+)/ Loss (-) from** Ordinary Activities after tax   (9-10)	(2.89)	(6.44)	8.51	(63.50)
	12	Extraordinary items	-	-	-	-
	13	Net Profit (+)/ Loss (-) for the period (11-12)	(2.89)	(6.44)	8.51	(63.50)
	14	Paid – Up equity share capital (Face value of the shares Rs.10 each)	609.60	609.60	609.60	609.60
	15	Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year	-	-	-	-
	16	Earnings Per Share (EPS): a) Basic and diluted EPS before Extradordinary items for the period for the year to date and for the previous year (not to be annualised)	(0.00)	(0.01)	0.01	(0.10)
		b) Baic and diluted EPS after  Extraordinary items for the period, for the year to date and for the previous year (not to be annualised)	(0.00)	(0.01)	0.01	(0.10)
		Public shareholding - Number of shares	3,960,187	3,635,787	3,960,187	3,635,787
	17	Percentage of shareholding	64.96%	59.64%	64.96%	59.64%
	18	Promoters and promoter group Shareholding
		a) Pledged/Encumbered - Number of shares
		Percentage of shares (as a % of the total shareholding of promoter and promoter group)	-	-	-	-
		Percentage of shares (as a% of the total share capital of the company)	-	-	-	-
		b) Non-encumbered - Number of Shares	2,135,813	2,460,213	2,135,813	2,460,213
		Percentage of shares (as a% of the total shareholding of promoter and promoter group)	100%	100%	100%	100%
		Percentage of shares (as a % of the total share capital of the company)	35.04%	40.36%	35.04%	40.36%
	AUDITED STATEMENT OF ASSETS AND LIABLITIES AS AT 31st MARCH, 2011
	(Rs. in lakhs)
	SL NO.	Particulars			As at  31.03.2011	As at  31.03.2010
	1	SHAREHOLDERS’ FUNDS:
		(a) Capital			609.60	609.60
		(b) Reserves and Surplus			-	-
	2	LOAN FUNDS			1,444.75	1,597.48
		TOTAL			2,054.35	2,207.08
	3	FIXED ASSETS			1,033.55	1,129.65
	4	Deffered Tax asset			30.15	30.15
	5	CURRENT ASSETS, LOANS AND ADVANCES
		(a) Inventories			1,081.10	816.09
		(b) Sundry Debtors			372.49	407.74
		(c) Cash and Bank balances			54.29	82.31
		(d) Loans and Advances			167.68	182.30
		Less: Current Liabilities and
		Provisions
		(a) Liabilities			712.99	476.73
		(b) Provisions			38.56	39.59
	6	PROFIT AND LOSS ACCOUNT			66.65	75.15
		TOTAL			2,054.34	2,207.08
	** After adjusting prior period items
	Notes :
	1.	The above financial results were reviewed by the Audit Committee at its meeting and approved by the Board of Directors at its meeting held on 26th May 2011.
	2.	The Company being engaged in manufacture of packing materials has single segment in terms  of  Accounting standard (AS) 17 “Segment Reporting”
	3.	Previous year’s figures have been rearranged/regrouped wherever necessary.
	4.	No investors’ complaint was pending either at the beginning or at the end of the Quarter. Further no investor’s  complaint has been received during the Quarter
	5.	The Board has not recommended any dividend for the year 2010 - 11
	6.	the deferred tax asset araising out of unabsorbed depriciation has not been recognised for the year in the absence of virtual certainity supported by convincing evidence of future taxable income. Unrecognised defferred tax asset will be reassessed in future years.
				For and on behalf of the Board
	Place : Chennai			G.RADHAKRISHNA
	Date  : 26.05.2011			MANAGING DIRECTOR