STANPACKS (INDIA) LTD

REGD OFFICE ADDRESS:- No.46, HALLS ROAD, KILPAUK, CHENNAI-600 010.

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31.12.2009

 (Rs. In Lakhs)

Particulars

3 months ended 31.12.2009

Corresponding 3 months ended in the previous year 31.12.2008

Year to Date figures for current period ended 31.12.2009

Year to Date figures for previous year ended 31.12.2008

Previous accounting year ended 31.03.2009

 Unaudited 

 Unaudited 

 Unaudited 

 Unaudited 

Audited

1. (a) Net Sales/ Income from Operations

       570.60

             711.16

       2,044.35

      2,082.77

     2,887.84

    (b) Other Operating Income

          1.41

                8.04

             7.23

          65.01

         15.05

2. Expenditure

 

 

 

 

 

a. Increase /decrease in stock in trade and  work in progress

       (92.61)

             334.54

          (98.33)

         141.57

       235.58

  b. Consumption of raw materials

       489.01

             458.30

       1,537.31

      1,561.48

     2,081.77

  c. Employees cost

        54.67

              54.10

          165.40

         154.12

       224.68

  d. Depreciation

        25.10

              24.59

           73.98

          73.57

         97.43

  e. Other expenditure

       104.84

              31.79

          322.58

         260.02

       330.56

  f.  Total

       581.01

             903.32

       2,000.94

      2,190.76

     2,970.02

3. Profit from Operations before Other income, interest and Exceptional Items (1-2)

         (9.00)

            (184.12)

           50.64

         (42.98)

        (67.13)

4. Other Income

             -  

                   -  

                -  

               -  

              -  

5. Profit before Interest and Exceptional Items (3+4)

         (9.00)

            (184.12)

           50.64

         (42.98)

        (67.13)

6. Interest

        45.06

              41.24

          137.11

         147.37

       203.67

7. Profit after Interest but before exceptional items (5-6)

       (54.06)

            (225.36)

          (86.47)

        (190.35)

      (270.80)

8.Exceptional Items

             -  

                   -  

                -  

          52.51

         56.92

9. Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8)

       (54.06)

            (225.36)

          (86.47)

        (137.84)

      (213.88)

10. Tax expense

       (18.40)

             (76.03)

          (29.41)

         (82.47)

      (104.14)

11. Net Profit (+)/ Loss (-) from Ordinary Activities after tax (9-10)

       (35.66)

            (149.33)

          (57.06)

         (55.37)

      (109.74)

12. Extraordinary items (net of tax expense Rs.Nil)

             -  

                   -  

                -  

          52.51

              -  

13. Net Profit (+)/ Loss (-) for the period (11-12)

       (35.66)

            (149.33)

          (57.06)

        (107.88)

      (109.74)

14. Paid – Up equity share capital (Face value of Rs.10 each)

       609.60

             609.60

          609.60

         609.60

       609.60

15. Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year

             -  

                   -  

                -  

               -  

              -  

16. Earnings Per Share (EPS) a) Basic and diluted EPS before Extradordinary items for the period for the year to date and for the previous year (not to be annulaised)

         (0.58)

               (2.45)

            (0.94)

           (2.63)

          (1.80)

 b) Basic and diluted EPS after  Extraordinary items for the period, for the year to date and for the previous year (not to be annualised)

         (0.58)

               (2.45)

            (0.94)

           (1.77)

          (1.80)

17. Public shareholding                                                              

 

 

 

 

 

     - No. of Shares

  3,635,787

        3,621,737

     3,635,787

    3,621,737

   3,695,437

     - Percentage of shareholding

        59.64

              59.41

           59.64

          59.41

         60.62

18. Promoters and Promoter group Shareholding

 

 

 

 

 

     a)  Pledged / Encumbered

             -  

                   -  

                -  

               -  

              -  

     -  Number of Shares

             -  

                   -  

                -  

               -  

              -  

     -  Percentage of Shares (as a% of the total outstanding of promoter and promoter group)

             -  

                   -  

                -  

               -  

              -  

     -  Percentage of Shares (as a% of the total share capital of the company)

             -  

                   -  

                -  

               -  

              -  

     b)  Non-encumbered

 

 

 

 

 

     -  Number of Shares

  2,460,213

        2,474,263

     2,460,213

    2,474,263

   2,400,563

     -  Percentage of Shares (as a% of the total outstanding of promoter and promoter group)

       100.00

             100.00

          100.00

         100.00

       100.00

     -  Percentage of Shares (as a% of the total share capital of the company)

        40.36

              40.59

           40.36

          40.59

         39.38

Notes:

 

 

 

 

 

1. The above results were reviewed by the Audit Committee at its meeting held on 27th January 2010 and approved and taken on record by the Board of Directors at its meeting held on 27th January 2010. 

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

3. Figures have been regrouped wherever necessary.

4.Details of investor complaints for the quarter ended 31st December 2009 : 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:

S.NO

NAME OF THE STATUE

NATURE OF DUES

AMOUNT (RS.)

PERTAINING

PRESENT STATUS

 

i

Sales Tax

Sales Tax Demand

825477

1994-95

On appeal the case was remanded to the Assessing Officer

 

ii

Sales Tax

Sales Tax Demand

353788

1995-96

-do-

 

iii

Sales Tax

Sales Tax Demand

128925

1997-98

-do-

 

iv

Sales Tax

Sales Tax Demand

80755

2001-02

-do-

 

 

For and behalf of the Board

 

 

Place: Chennai                                                                                                     G.Radhakrishna

Date: 27.01.2010                                                                                        Joint Managing Director