Stanpacks (India) Ltd.

                                                   Regd. Office: 46, Halls Road, Kilpauk, Chennai 600 010.

              UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 31.12.2008

                                                                                                                                                                                            (Rs. in lakhs)

Particulars

Quarter Ended

Quarter Ended

Year Ended

Year Ended

Year Ended

 

31.12.2008

31.12.2007

31.12.2008

31.12.2007

31.03.2008

 

Unaudited

Unaudited

Unaudited

Unaudited

Audited

1. Net Sales

711.16

983.92

2082.77

2711.36

3684.26

2. Other Income

8.04

17.91

65.01

19.37

103.67

3. Total Income(1+2)

719.20

1001.83

2147.78

2730.73

3787.94

4. Expenditure

 

 

 

 

 

 a. Increased/decrease in stock

     in trade and work in progress

 

334.54

 

108.86

 

141.57

 

169.38

 

100.61

  b. Consumption of raw materials

458.30

622.14

1561.48

1828.46

2610.59

  c. Purchase of traded goods

-

-

-

-

-

  d. Employees cost

54.10

45.18

154.12

122.92

202.79

  e. Depreciation

24.59

25.20

73.57

74.32

98.56

  f. Other expenditure

31.79

131.83

260.02

320.39

450.23

  g. Total

903.32

933.21

2190.75

2515.48

3462.78

5. Interest

41.24

40.70

147.37

143.13

202.09

6. Exceptional Items

-

-

52.51

-

68.85

7. Profit (+)/loss(-) from Ordinary

   Activities before tax

(225.36)

27.91

(242.85)

72.12

54.21

8. Tax expenses

(76.03)

13.06

(82.47)

32.89

33.61

9.Net Profit(+)/Loss(-) from Ordinary

   Activities after tax

 

(149.33)

 

14.85

 

(160.38)

 

39.23

 

20.60

10.Extraordinary items (net of tax expense Rs)

 

-

 

-

 

52.51

 

-

 

68.85

11. Net Profit (+)/Loss(-) for the period

(149.33)

14.85

(107.87)

39.23

89.45

12. Paid-up equity share capital (Face Value

      Rs.10/-)

 

609.60

 

609.60

 

609.60

 

609.60

 

609.60

13. Reserves excluding Revaluation Reserves

     as per Balance Sheet of previous accounting

      year.

 

-

 

 

-

 

-

 

-

 

38.60

14.Earning per share (EPS)

     a) Basic and diluted EPS before

         Extraordinary items for the period

         for the year to date and for the

         previous year

 

 

 

(2.45)*

 

 

 

0.24*

 

 

 

(2.63)*

 

 

 

0.64*

 

 

 

0.34

b) Basic and diluted EPS after Extraordinary

     items for the period for the year to date and

     for the previous year

 

 

(2.45)*

 

 

0.24*

 

 

(1.77)*

 

0.64*

 

0.34

15. Public Shareholdings

                      Number of Shares

                      Percentage of Shareholding

 

3621737

59.41

 

3625737

59.48

 

3621737

59.41

 

3625737

59.48

 

3621737

59.41

 

Notes:  

  *Not Annualised.

1. The above  results  were reviewed by the Audit Committee.  The same was taken on record by the Board of Directors

    of the Company along with the Limited Review of the same by the Statutory Auditors at their meeting  held on 29th January, 2009.      

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 quarter ended December 31,  2008: beginning-Nil; received-Nil;

    disposed off-Nil and ending-Nil.

5. Dues of the Sales Tax and Excise Duty which have not been deposited on account of dispute and forum

    where the dispute is pending are as under:

Sl.No.

Name of the

Statute   

Nature of Dues

Amount (Rs.)  

Pertaining

Present Status

i.

 Sales Tax

Sales Tax Demand

825,477  

 1994-1995

On Appeal the case was remanded  to the Assessing Officer

ii.

Sales Tax

Sales Tax Demand

353,788

1995-1996

          - do -

iii.

Sales Tax

Sales Tax Demand

128,925

1997-1998

          - do -

iv.

Sales Tax

Sales Tax Demand

80,755 

2001-2002

          - do -

v.

Central Excise

Excise Duty Demand

370,589 

2004-2005

The Assistant Commissioner of  Central Excise, Chennai

 

 

                                                                                                              For and on behalf of the Board

Place:Chennai                                                                   DR.G.V.CHALAPATHI

Date :29.01.2009                                                             MANAGING DIRECTOR