STANPACKS (INDIA) LTD.

Regd Office 46, Halls Road, Kilpauk, Chennai 600 010.

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30.6.2009

(Rs.in lakhs)

SL.

No.

Particulars

3 Months

 ended

Corresponding 3 months ended in the previous year

Year to Date figures for current period ended

Year to Date figures for previous year ended

Previous Accounting Year Ended

 

 

 

30/06/2009

30/06/2008

30/06/2009

  30/06/2008

31/03/2009

 

 

 

Unaudited

Unaudited

Unaudited

Unaudited

Audited

 

1

a)Net Sales/ Income from Operations

793.68

618.16

793.68

618.16

2887.84

 

 

 b) Other  operating Income

3.65

0.70

3.65

0.70

15.05

 

 

Total Income

797.34

618.86

797.34

618.86

2902.89

 

2

Total Expenditure

 

 

 

 

 

 

 

a) (Increase)/Decrease in stock in Trade

48.20

(56.44)

48.20

(56.44)

235.58

 

 

b) Consumption of Raw Materials

564.73

451.60

564.73

451.60

2081.77

 

 

c) Purchase of Traded goods

-

-

-

-

-

 

 

d) Employees Cost

51.04

48.80

51.04

48.80

224.68

 

 

e) Depreciation

24.06

24.32

24.06

24.32

97.43

 

 

f) Other Expenditure

78.84

103.63

78.84

103.63

330.56

 

 

g) Total

766.87

571.90

766.87

571.90

2970.02

 

3

Profit from Operations before Other Income(1-2)

30.47

46.96

30.47

46.96

(67.13)

 

4

Other Income

-

-

-

-

-

 

5

Profit before Interest and Exceptional Items (3+4)

30.47

46.96

30.47

46.96

(67.13)

 

6.

Interest

42.27

40.99

42.27

40.99

203.67

 

7.

 Profit after Interest but before Exceptional Items (5-6)

(11.8)

5.97

(11.8)

5.97

(270.80)

 

8.

 Exceptional items

-

52.51

-

52.51

56.92

 

9.

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

(11.8)

58.48

(11.8)

58.48

(213.88)

 

10.

 Tax expense

(4.0)

9.07

(4.0)

9.07

(104.14)

 

11.

Net Profit (+)/ Loss (-) from

Ordinary Activities after tax (9-10)

(7.8)

49.41

(7.8)

49.41

(109.74)

 

12.

Extraordinary Item (net of tax expense Rs. ________)

-

-

-

-

-

 

13.

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

(7.8)

49.41

(7.8)

49.41

(109.74)

 

14.

 Paid-up equity share capital

(Face Value of the Share shall be indicated)

609.60

609.60

609.60

609.60

609.60

 

 

15.

Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year

-

-

-

-

-

16

Earnings Per Share (EPS)

a) Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualized)

(-0.12)

0.81

(-0.12)

0.81

(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 annualized)

(-0.12)

0.81

(-0.12)

0.81

(1.80)

17

 Public Shareholding

- No. of shares

3635787

3621737

3635787

3621737

3695437

 

- Percentage of shareholding

59.64%

59.41%

59.64%

59.41%

60.62%

18

Promoters and promoter group Shareholding

 

 

 

 

 

 

a) Pledged/Encumbered

-

-

-

-

-

 

 

b) Non-encumbered

 

2460213

2474263

2460213

2474263

2400563

 

- Percentage of shares (as a% of the total shareholding of

promoter and promoter group)

100%

100%

100%

100%

100%

 

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.  The same was taken on record by the Board of

Directors of the Company along with the Limited Review of the same by the Statutory Auditors at their meeting

held on 29th  July, 2009.

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, 30th  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:

 

Sl.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

 

For and on behalf of the Board

Place:Chennai                                                                                           DR.G.V.CHALAPATHI

Date :29.7.2009                                                                                   MANAGING DIRECTOR