Stanpacks(India)Ltd
Regd. Office: 46, Halls Road, Kilpauk, Chennai-600 010.
AUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 31.3.2006
(Rs. In Lakhs)
Sl.No Particulars Nine Months Quarter Ended Year Ended
Ended
31.12.2005 31.03.2006 31.03.2005 31.03.2006 31.03.2005
(Unaudited) (Audited) (Audited)
1 Net Sales 1695.01 672.76 594.28 2367.77
2098.38
2 Other Income 1.03 10.48 1.37 11.51
9.19
3 Total Expenditure
a) (Increase)/Decrease in stock in Trade (136.36) (83.16) (114.27) (219.51)
2.72 
b) Consumption of Raw Materials 1425.16 596.88 452.98 2022.04
1594.35
c) Staff Cost 52.92 49.73 33.40 157.75
134.31
d) Other Expenditure 155.80 56.55 180.13 157.25
156.94
4 Interest 81.40 35.05 24.17 116.45
99.81
5 Depreciation 55.03 19.84 15.58 74.87
62.49
6 Profit Before Tax 62.09 8.35 3.66 70.43
56.95
7 Provision for Taxation
a) Current Taxes 5.23 0.64 0.36 5.86
4.59
b) Fringe Benefit Tax 1.50 2.12 - 3.62
-
8 Net Profit before Deferred Tax
55.36
 5.59 3.30 60.95
52.36
Deferred Taxes 21.54 2.43 0.36 23.97
17.59
9 Net Profit after Deferred Tax 33.82 3.16 2.94 36.98
34.77
10 Paid Up Equity Share Capital
609.60
 609.60 609.60 609.60
609.60
(Face Value:Rs.10/- per Share)
             
11 Reserves Excluding Revaluation Reserves - - - 36.23
34.41
12 Basic and diluted EPS (in Rs.) 0.55* 0.05* 0.05* 0.61
0.57
13 Aggregate of Non-promotors' Share Holding :
Number of Shares - - - 3678252 3747332
Percentage of Shareholding - - - 60.34 61.47
* Not Annualised
 
Notes :
1. The above results were reviewed by the Audit Committee and taken on

record by the Board of Directors at its meeting held on 27th June,  2006.
2. The Board of Directors recommended a Dividend of 5% on Equity
Shares for the year ended 31.3.2006.
3. The Company operates in a single primary business segment
namely manufacture of "Packing Materials".
4. Previous Year's figures were regrouped wherever necessary.
5. Details of Investor Complaints for the quarter ended March 31, 2006:
beginning – Nil; received – Nil; disposed off – Nil and ending – Nil.
6. Dues of the Sales Tax, Income-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
1. Sales Tax Sales Tax Demand 825,477 1994-1995

On Appeal the case was remanded to the Assessing Officer
2. Sales Tax Sales Tax Demand 353,788 1995-1996 On Appeal the case was remanded to the Assessing Officer
3. Sales Tax Sales Tax Demand 128,925 1997-1998 On Appeal the case was remanded to the Assessing Officer
4. Sales Tax Sales Tax Demand 80,755 2001-2002 On Appeal the case was remanded to the Assessing Officer
5. Central Excise Excise Duty Demand 3,70,589 2004-2005 The Assistant Commissioner of Central Excise, Chennai.
6. Income Tax Act 1961 Income Tax & Interest 535,659 AY 1995-96 Income Tax Appellate Tribunal, Chennai.
7. Income Tax Act 1961 Income Tax & Interest 863,086 Block Assessment Preferred for an Appeal with ITAT, Chennai.
           
          For and on behalf of the Board
Place : Chennai     DR.G.V.CHALAPATHI
Date  : 27.6.2006.     MANAGING DIRECTOR