JUMBO BAG LTD
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30.09.2005.
(Rs.in lakhs)
Sl Quarter ended Half-Year ended Year ended
No. Particulars 30.09.2005 30.09.2004 30.09.2005 30.09.2004 31.03.2005
(Unaudited) (Unaudited) (Audited)
   
1 Net Sales 907.42 879.93 1777.48 1627.24 3424.62
2 Other Income 13.24 9.46 22.08 16.18 36.26
   
3 Total Expenditure :  
  a)(Increase) / Decrease in stock in trade (75.87) (39.73) (148.05) 22.72 (67.42)
  b)Consumption of Raw-materials 538.14 527.21 1075.65 878.01 1966.29
  c)Staff cost 62.89 52.88 117.97 101.64 193.35
  d)Other Expenditure 276.22 262.55 517.64 462.22 984.34
4 Interest 41.10 27.69 80.58 50.83 128.68
5 Depreciation 29.14 22.59 57.07 45.89 95.84
6 Profit before tax 49.04 36.20 98.70 82.11 159.80
   
7 Provision for taxation  
  a) Current Taxes 12.65 9.42 28.05 24.92 27.53
  b) Deferred Taxes 3.46 8.11 5.38 9.44 16.05
  c) Fringe Benefit Tax  1.49 - 2.94 - -
   
8 Net Profit 31.44 18.67 62.33              47.75 116.22
   
9 Paid-up Equaity Share Capital 572.37 572.37 572.37 572.37 572.37
  (Face Value : Rs.10/- per share)  
   
10 Reserves excluding revaluation reserves - - - - 356.77
   
11 Basic and diluted EPS (In Rs.) 0.55* 0.33* 1.09* 0.83* 2.03
   
12 Aggregate of Non-Promoters Share Holding:  
   
  Number of Shares - - 3143770 2582444 3138770
  Percentage of Shareholding - - 54.93# 45.12# 54.84
   
Notes :  
* Not annualised  
   
1 The above results were reviewed by the Audit Committee and taken on recored by the Board of Directors ofthe Company at its meeting held on 24th October, 2005 subject to the limited Review by the Statutory Auditorsof the Company.
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 qurter ended September 30, 2005:Beginning : Nil; Received:Nil; Disposed off :Nil and Ending:Nil
5 DIVIDEND @10% on the Equity shares was declared in the Annual General Meeting of the Company held on
14.9.2005 and the dividend warrans were despatched to the shareholders on 3.10.2005.
6 The Expansion plans:  
The entire expansion is expected to be completed and commercial production commenced before31st March,2006
7 Sri B.Pratap Reddy retired by rotation as a director of the company at the Annual General Meeting held on14.9.2005.
8 The Shareholders appointed Dr.Gaddam Kumar Reddy and Sri U.Mahesh Rao as directors of the company at the annual general meeting held on 14.09.2005
9 The Board of Directors have approved Preferential issue of Equity Shares of the Company.
10 #The change is on account of re-clasification of "Promoters" as per the revised definition given in SEBI Notificationdated 30.12.2004.
 
  For and on behalf of the Board
Place : Chennai   G.SUDHAKAR
Date: 24.10.2005   MANAGING DIRECTOR