STANPACKS (
Regd.
Office: 46,
UNAUDITED
FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30.09.2008 (Rs.in lakhs)
|
Particulars |
Quarter
Ended 30.09.08 Unaudited |
Quarter
Ended 30.9.2007 Unaudited |
Year Ended 30.09.2008 Unaudited |
Year Ended 30.09.2007 Unaudited |
Year Ended 31.03.2008 Audited |
|
1.
Net Sales |
752.96 |
923.99 |
1371.61 |
1727.43 |
3684.26 |
|
2.
Other Income |
3.77 |
(0.11) |
56.97 |
1.46 |
103.67 |
|
3.
Total Income(1+2) |
756.73 |
923.88 |
1428.58 |
1728.89 |
3787.94 |
|
4.
Expenditure |
|
|
|
|
|
|
a. Increased/decrease in stock in trade and work in progress |
(136.53) |
(44.82) |
(192.27) |
60.51 |
100.61 |
|
b. Consumption of raw materials |
651.58 |
701.35 |
1103.18 |
1206.33 |
2610.59 |
|
c. Purchase of traded goods |
- |
- |
- |
- |
- |
|
d. Employees cost |
51.22 |
47.07 |
100.02 |
91.51 |
202.79 |
|
e. Depreciation |
24.66 |
24.68 |
48.98 |
49.12 |
98.56 |
|
f. Other expenditure |
124.58 |
119.43 |
228.20 |
174.79 |
450.23 |
|
g. Total |
715.52 |
847.71 |
1287.42 |
1582.26 |
3462.78 |
|
5.
Interest |
65.14 |
50.81 |
106.13 |
102.43 |
202.09 |
|
6.
Exceptional Items |
3.77 |
- |
56.32 |
- |
68.85 |
|
7.
Profit (+)/loss(-) from Ordinary Activities before tax |
(27.70) |
25.36 |
(21.29) |
44.20 |
54.21 |
|
8.
Tax expenses |
(15.50) |
11.92 |
(6.43) |
19.84 |
33.61 |
|
9.Net
Profit(+)/Loss(-) from Ordinary Activities after tax |
(12.20) |
13.44 |
(14.85) |
24.36 |
20.60 |
|
10.Extraordinary
items (net of tax expense Rs) |
3.77 |
- |
56.32 |
(0.11) |
68.85 |
|
11.
Net Profit (+)/Loss(-) for the period |
(8.43) |
13.44 |
41.47 |
29.32 |
89.45 |
|
12.
Paid-up equity share capital (FaceValue:Rs.10/-) |
609.60 |
609.60 |
609.60 |
609.60 |
609.60 |
|
13.
Reserves excluding Revaluation Reserves as per Balance Sheet of previous accounting year. |
- |
- |
- |
- |
38.60 |
|
14.Earning
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 annualised) |
(0.02)* |
0.22* |
(0.24)* |
0.40* |
0.34 |
|
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) |
(0.01)* |
0.22* |
0.68* |
0.40* |
0.34 |
|
15. Public Shareholding Number
of shares
Percentage of Shareholding |
3621737 59.41 |
3625737 59.48 |
3621737 59.41 |
3625737 59.48 |
3621737 59.41 |
Notes:
*Not Annualised.
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 25th October,
2008.
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 September, 30th 2008:
beginning-Nil; received-Nil; disposed off-Nil and ending-Nil.
5. Extraordinary items
includes an amount of Rs.3.77 lakhs towards profit on Sales of Agricultural
Land.
6. 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 :25.10.2008 MANAGING DIRECTOR