| |
|
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 31st December 2005
|
(Rs. in lakhs) |
Sl.No |
Particulars |
Quarter Ended
|
Nine Months Ended |
Year Ended |
| 31.12.2005 | 31.12.2004 |
31.12.2005 |
31.12.2004 |
31.03.2005 |
||
(UnAudited)
|
(UnAudited)
|
(Audited)
|
||||
1 |
Net Sales |
570.69 |
567.87 |
1,695.01 |
1,504.10 |
2,098.38 |
2 |
Other Income |
0.44 |
1.47 |
1.03 |
7.82 |
9.19 |
3 |
Total Expenditure |
|||||
a)
(Increase)/Decrease in stock in Trade
|
(43.79) |
84.11 |
(136.36) |
8.03 |
2.72 |
|
b) Consumption of Raw - Materials |
537.81 |
394.44 |
1,425.16 |
1,148.20 |
1,594.35
|
|
c) Staff Cost |
17.83 |
19.52 |
52.92 |
52.51 |
73.39 |
|
d) Other Expenditure |
9.21 |
27.18 |
155.80 |
127.35 |
217.87 |
|
4 |
Interest |
27.90 |
26.34 |
81.40 |
75.65 |
99.81 |
5 |
Depreciation |
18.18 |
15.89 |
55.03 |
46.92 |
62.49 |
6 |
Profit Before Tax | 3.99 |
1.86 |
62.09 |
53.26 |
56.94 |
7 |
Provision for Taxation | |||||
| a) Current Taxes | 0.38 |
0.15 |
5.23 |
4.23 |
4.59 |
|
| b) Deferred Taxes | 1.39 |
0.69 |
21.54 |
17.22 |
17.59 |
|
| c) Fringe Benefit Tax | 1.00 |
- |
1.50 |
- |
- |
|
8 |
Net Profit | 1.22 |
1.02 |
33.82 |
31.81 |
34.76 |
9 |
Paid Up Equity Share Capital (Face Value: Rs.10/- per Share) |
609.60 |
609.60 |
609.60 |
609.60 |
609.60 |
10 |
Reserves Excluding Revaluation Reserves | - |
- |
- |
- |
34.41 |
11 |
Basic and diluted EPS (in Rs.) | 0.02* |
0.02* |
0.55* |
0.52* |
0.57 |
12 |
Aggregate of Non-promotor's Share Holding: | |||||
| Number of Shares | 3747332 |
|||||
| Percentage of Holding | 61.47 |
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| * 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 28th January, 2006 subject to the Limited Review by the Statutory Auditors of the Company. 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 31,2005: beginning - Nil; received- Nil; disposed off- Nil and ending - Nil. 5. Dues of the Sales Tax and Income - Tax
which have not been deposited on account of dispute and forum where the dispute is pending are as under: |
||||||
S.No |
Name of the Statute |
Nature of Dues |
Amount (Rs.) |
Pertaining |
Present Status |
i |
Sales Tax |
Sales Tax Demand |
1,198,383 |
1994-1995 |
On Appeal the case was remanded to the Assessing Officer |
ii |
Sales Tax |
Sales Tax Demand |
1,657,701 |
1995-1996 |
- do - |
iii |
Sales Tax |
Sales Tax Demand |
1,787,944 |
1996-1997 |
- do - |
iv |
Sales Tax |
Sales Tax Demand |
1,846,548 |
1997-1998 |
- do - |
v |
Sales Tax |
Sales Tax Demand |
2,100,282 |
1997-1998 |
- do - |
vi |
Sales Tax |
Sales Tax Demand |
80,755 |
2001-2002 |
- do - |
vii |
Income Tax Act 1961
|
Income tax & Interest |
535,659 |
AY 1995-96 |
Income Tax Appellate Tribunal, Chennai |
viii |
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 : 28.01.2006 | MANAGING DIRECTOR |