Jumbo Bag Ltd
AUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 31.3.2006
(Rs.in Lakhs)
Nine months ended Quarter ended Year ended
Particulars 31.12.2005 31.03.2006 31.03.2005 31.03.2006 31.03.2005
Sl.No (Unaudited) (AUDITED) (AUDITED)
1 Net Sales 2775.35 954.09 902.02 3729.44 3424.62
2 Other Income 41.67 21.04 10.71 62.71 36.26
3 Total Expenditure :
a) (Increase) / Decrease in stock in trade (137.78) (21.47) (27.65) (159.25) (67.42)
b) Consumption of Raw-materials 1633.29 572.59 533.43 2205.88 1966.29
c) Staff cost 185.11 65.53 45.90 250.64 207.58
d) Other Expenditure 772.61 242.21 240.40 1014.81 970.11
4 Interest 128.73 56.37 52.30 185.10 128.68
5 Depreciation 85.96 31.52 24.25 117.48 95.84
6 Profit before tax 149.10 28.38 44.10 177.49 159.80
7 Provision for taxation
a) Current Taxes 40.97 (11.12) (2.27) 29.85 27.53
b) Fringe Benefit Tax 5.18 1.50 - 6.68 -
8 Net Profit before Deferred Tax 102.95 38.00 46.37 140.96 132.27
Deferred Tax 9.25
35.81
(0.84)
45.06
16.05
9 Net Profit after Deferred Tax 93.70
2.19
47.21
95.90
116.22
10 Paid-up Equaity Share Capital
(Face Value : Rs.10/- per share) 572.37 572.37 572.37 572.37 572.37
11 Reserves excluding revaluation reserves - - - 386.64 356.77
12 Basic and diluted EPS (Rs.) 1.64* 0.04* 0.82* 1.68 2.03
13 Aggregate of Non-Promoters Share Holding:
Number of Shares - - - 3454070 3138770
Percentage of Shares - - - 60.35 54.84
Notes :
* Not annualised
1 The above results were reviewed by the Audit Committee at its meeting
held on 21st June, 2006 and approved and taken on record by the Board of Directors at its meeting held on 21st June, 2006.
2 The Company operates in a single primary business segment namely manufacture of “Packing Materials”.
3 Previous year's figures have been regrouped wherever necessary.
4 Details of investor complaints for the quarter ended 31st March, 2006: 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 31.3.2006.
For and on behalf of the Board
Place : Chennai G. Sudhakar
Date : 21.6.2006. Managing Director
 

The Board of Directors has approved the audited financial results for the year ended 31.3.2006 in its meeting held on 21.6.2006.

The Board of Directors has also recommended a Dividend of 10% on the Equity  Share  Capital of the Company  for  the  year  ended 31.3.2006 in its meeting held on 21.6.2006.

The Board of Directors has also approved the subject of issue of Equity Shares on Preferential Basis to certain Promoters and Non-Promoters in its meeting held on 21.6.2006.