Jumbo Bag Ltd
AUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 31.03.2005.
(Rs.in Lakhs)
Nine months ended Quarter ended Year ended
Particulars 31.12.2004 31.03.2005 31.03.2004 31.03.2005 31.03.2004
Sl.No (Unaudited) (AUDITED) (AUDITED)
1 Net Sales  2544.64 909.78 598.87 3454.42 2483.99
2 Other Income (1.45) 7.90 14.93 6.45 23.43
3 Total Expenditure :
a)  (Increase) / Decrease in stock in trade (39.76) (27.66) 17.67 (67.42) (86.80)
b)  Consumption of Raw-materials 1432.86 533.43 294.82 1966.29 1269.82
c)  Staff cost 135.33 56.71 54.90 192.04 193.34
d)  Other Expenditure 751.11 234.53 164.01 985.64 789.05
4 Interest 76.37 52.31 29.06 128.68 123.10
5 Depreciation 71.60 24.24 22.95 95.84 90.65
6 Profit before tax 115.68 44.12 30.39 159.80 128.26
7 Provision for taxation
a) Current Taxes 29.79 (2.26) 7.02 27.53 19.67
b) Deferred Taxes 16.89 (0.84) 15.24 16.05 25.04
8 Net Profit 69.00 47.22 8.13 116.22 83.55
9 Paid-up Equaity Share Capital
(Face Value : Rs.10/- per share) 572.37 572.37 572.37 572.37 572.37
10 Reserves excluding revaluation reserves                                       -                      -                     -          356.77         305.45
11 Basic and diluted EPS (Rs.)  1.21* 0.82* 0.14* 2.03 1.27
12 Aggregate of Non-Promoters Share Holding:
  Number of Shares                                       -                      -                     -   3138770 2584944
  Percentage of Shares                                       -                      -                     -    54.84**   45.16** 
Notes :
* Not annualised
1 The above results were reviewed by the Audit Committee at its meeting held on 24th June, 2005 and approved and taken on
record by the Board of Directors at its meeting held on 25th June, 2005.
2 The Company operates in a single primary business segment namely manufacture of "Packing Materials".
3 Previous year's figures were regrouped wherever necessary.
4 Details of investor complaints for the qurater ended 31st March, 2005: beginning -Nil; received-Nil; disposed off-Nil and ending-Nil.
5 The Board of Directors recommended a Dividend of 10% on Equity Shares for the year ended 31.3.2005.
6 The appeal made by the Company on the Excise demand of Rs.1,68,27,947 and penalty of Rs.25 Lakhs before the Appellate
  Tribunal has been decided in favour of the Company.  So, no demand lies against the Company for the above amounts.
7 Expansion plans to the tune of Rs.635 Lakhs was approved by the Board.
8 **The change is on account of re-classification of "Promoters" as per the revised definition given in SEBI Notification dated 30.12.2004
For and on behalf of the Board
Place : Chennai G. Sudhakar
Date  : 25.06.2005 Managing Director