Stanpacks (India) Limited
46, Halls Rd., Kilpauk,Chennai - 600 010.

(Rs.in Lakhs)
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30TH JUNE, 2006.
Sl.No Particulars
                                Quarter Ended
Year Ended
   
30.6.06
30.6.05
31.3.06
   
                                (UnAudited)
(Audited)
1 Net Sales
610.89
540.89
2367.77
2 Other Income
0.58
0.25
11.51
3 Total Expenditure
a) (Increase)/Decrease in stock in Trade
(64.90)
(29.41)
(219.51)
b) Consumption of Raw - Materials
514.58
434.63
2022.04
c) Staff Cost
40.78
34.44
157.75
d) Other Expenditure
45.21
31.62
157.25
4 Interest
32.72
26.11
116.45
5 Depreciation
22.29
17.33
74.87
6 Profit Before Tax
20.79
26.42
70.43
7 Provision for Taxation
a) Current Taxes
1.75
2.22
5.86
b) Fringe Benefit Tax
0.60
-
3.62
8 Net Profit Before Deferred Tax
18.44
24.20
60.95
  Deferred Taxes
7.06
9.28
23.97
9. Net Profit After Deferred Tax
11.38
14.92
36.98
10 Paid Up Equity Share Capital
(Face Value: Rs.10/- per Share)
609.60
609.60
609.60
11 Reserves Excluding Revaluation Reserves
-
-
36.23
12 Basic and Diluted EPS (in Rs.)
0.19*
0.24*
0.61
13 Aggregate of Non-Promoter's Share Holding
     Number of Shares
3678252
     Percentage of ShareHolding
60.34
Notes :
* Not Annualised

1.The above results were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at
its meeting held on 28th July, 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 June, 30, 2006:beginning-Nil; received-Nil; disposed off-Nil and
ending-Nil.

5. 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:

S.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
vi
Income Tax Act 1961
Income tax & Interest
535,659
AY 1995-96
Income Tax Appellate Tribunal, Chennai
vii
Income Tax Act 1961
Income tax & Interest
863,086
Block Assessment
Preferred for an Appeal with ITAT, Chennai

6. The impact of Accounting 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 impact of this is not material. The matter
will be considered at appropriate time.
 

for and on behalf of the Board
Place: Chennai
DR. G.V. CHALAPATHI
Date : 28.7.2006
MANAGING DIRECTOR