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=         &= nbsp;           &nbs= p;       

        =             &nb= sp;         

        =             &nb= sp;          STANPACKS (INDIA) LTD.

        =             &nb= sp;           AN ISO 9001 COMPANY

        =        Regd. Office: 46, Halls Road, Ki= lpauk, Chennai-600 010.

UNAUDITED  FINANCIAL  RESULTS  (PROVISIONAL)  FOR  THE  QUARTER ENDED 31.1= 2.2006

        =             &nb= sp;            =             &nb= sp;            =      (Rs.in lakhs= )

-----------------------------------------------= ---------------------------------  

        =             &nb= sp;         Quarter ended      Nine months ended   Year ended

Sl.        =              --------------------------------------------------------  

No.  Particulars        =    31.12.06  31.12.05   31.12.06   31.12.0= 5    31.3.06    

        =             &nb= sp;         (Unaudited)        =     (= Unaudited)      (Audited)<= /p>

-----------------------------------------------= ---------------------------------

       

1. Net Sales        =         820.38    570.69    2049.46    1695.01     2367.77

2. Other Income        =        0.68      0.44     &= nbsp; 2.37       1.03       11.5= 1 

3. Total Expenditure   

     a)(Increase)/Decrease

         in stock in trade  165.06    (43.79)   (204.54)   (136.36)    (219.51)      

     b)Consumption of

         Raw-materials      496.21    537.81    1669.43    1425.16     2022.04

     c)Staff Cost        =     52.66     17.83     140.15      52.92      157.75

     d)Other Expenditure     59.81      9.21     242.15     155.80      157.25

4. Interest        =           53.03     27.90     139.00      81.40      116.45

5. Depreciation        =       25.16     18.18      73.64      55.03     =   74.87

6. Profit before tax        (30.87)     3.99      (8.00)     62.09     =   70.43

7. Provision for taxation     

     a) Current Taxes=         (1.91)     0.38        -         5.23        5.86

     b) Fringe Benefit Tax    1.20      1.00       1.80=        1.50=         3.62

8. Net Profit Before

     Deferred Tax        =    (30.16)     2.61      (9.80)     55.36     =   60.95

   Deferred Tax        =      (10.29)     1.39      (1.95)     21.54     =   23.97

9. Net Profit After

     Deferred Tax        =    (19.87)     1.22      (7.85)     33.82     =   36.98

10. Paid up Equity Share

      Capital        =        609.60    609.60     609.60     609.60      609.60

  &n= bsp; (Face Value:Rs.10/-

         per share)

11. Reserves excluding

      revaluation reserves    -        =   -        =   -        =   -         36.23

12. Basic & diluted EPS

        =   (in Rs.)        =    (0.33)*    0.02*     (0.13)*     0.55*     =   0.61

13. Aggregate of Non-

      Promoters' Shareholding:

       Numb= er of Shares      --        =   --     3625737    3731338     3678252

       Perc= entage of Shareholding --     --     &nb= sp; 59.48      61.21     =   60.34        =             &nb= sp;    

 

Notes: &n= bsp;

*Not Annualised.

1. The above  results  were reviewed by the Audit Committ= ee and  taken  on   record  by the  Board of Directors of the Company = at its  meeting held  on  29th  January, 2007 sub= ject to the  limited  Review  by  the Statutory Auditors of the Company.

2.  The Company operates in a single p= rimary business segment  namely manufacture of "Packing materials."

3. Previous year's= figures were regrouped wherever necessary.

4. Details of inve= stor complaints for the quarter ended December 31, 2006:begi= nning-Nil; received-Nil; disposed off-Nil and ending-Nil.

 <= /p>

 <= /p>

 <= /p>

 <= /p>

5.  Dues of the Sales Tax, Income-Tax = and Excise Duty which  have not  been  deposited on account of dispute an= d  forum  where  the dispute is pending are as unde= r:

------------------= --------------------------------------------------------------

Sl. Name of the  Nature of Dues       Amount  Pertaining      Present

No. Statute        =             &nb= sp;      (Rs.)        =            Status

-----------------------------------------------= ---------------------------------

i.  Sales = Tax   Sales Tax Demand     825,477   1994-1995  On Appeal the case was

  &nb= sp;            =             &nb= sp;               =             &nb= sp;  remanded to the        =  

        =             &nb= sp;            =             =             &nb= sp;Assessing Officer.

ii. Sales Tax   Sales Tax Demand     353,788   1995-1996      - do -

iii.Sa= les Tax   Sales Tax Demand     128,925   1997-1998      - do -

iv. Sales Tax   Sales Tax Demand      80,755   2001-2002      - do -

v.  Central     Excise Duty        =   370,589   2004-200= 5   The Assistant

  &n= bsp; Excise      Demand        =             &nb= sp;            =     Commissioner of

  &nb= sp;            =             &nb= sp;            =          &n= bsp;         Centr= al Excise,

  &nb= sp;            =             &nb= sp;            =                    Chennai

vi. Income Tax  Income Tax &         535,659   AY 1995-= 96  Income Tax

  &n= bsp; Act 1961    Interest        =             &nb= sp;            =   Appellate

        =             &nb= sp;            =             &nb= sp;             Tribunal,

        =             &nb= sp;            =             &nb= sp;             Chennai.

vii. Income Tax Inco= me Tax &         863,086   Block       Pref= erred for

     Act 1961   Interest        =             &nb= sp;  Assessment  an Appeal with

        =             &nb= sp;            =             &nb= sp;             ITAT, Chennai.

-----------------------------------------------= ---------------------------------

6.The impact of Ac= counting Standard (AS15)(Revised 2005)”Employee Benefits” issued by the = The Institute of Chartered Accountants of India which= is applicable with effect from April 1, 2006 is not considered now as the impa= ct of this is not material.  The = matter will be considered at appropriate time.

 <= /p>

 <= /p>

        =             &nb= sp;            =      For and on behalf of the Board

Place: Chennai        =             &nb= sp;         DR.G.V.CHALAPATHI

Date : 29.1.2007        =             &nb= sp;       MANAGING DIRECTOR

 <= /p>

 <= /p>

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