JUMBO BAG LTD
AN ISO 9001 & 14001 COMPANY
Regd.Office: 46, Halls Road, Kilpauk, Chennai 600 010.

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
997.88
895.35
2775.35
2522.59
3424.62
2 Other Income
19.59
9.95
41.67
25.55
36.26
3 Total Expenditure
a) (Increase)/Decrease in stock in Trade
10.27
(62.48)
(137.78)
(39.76)
(67.42)
b) Consumption of Raw - Materials
557.64
554.85
1633.29
1432.86
1966.29
c) Staff Cost
67.02
55.77
184.99
157.41
193.35
d) Other Expenditure
255.09
279.10
772.73
733.99
984.34
4 Interest
48.14
25.54
128.73
76.37
128.68
5 Depreciation
28.90
25.71
85.96
71.60
95.84
6 Profit Before Tax
50.41
26.81
149.10
115.67
159.80
7 Provision for Taxation
a) Current Taxes
12.91
4.87
40.97
29.79
27.53
b) Deferred Taxes
3.87
7.45
9.25
16.89
16.05
c) Fringe Benefit Tax
2.24
-
5.18
-
-
8 Net Profit
31.39
14.49
93.70
68.99
116.22
9 Paid Up Equity Share Capital
(Face Value: Rs.10/- per Share)
572.37
572.37
572.37
572.37
572.37
10 Reserves Excluding Revaluation Reserves
-
-
-
-
356.77
11 Basic and Diluted EPS (in Rs.)
0.55*
0.25*
1.64*
1.21*
2.03
12 Aggregate of Non-Promoter's Share Holding
     Number of Shares
3138770
     Percentage of ShareHolding
54.84
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 25th 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. The company has got final exit orders dated 15.12.2005 from the Development Commissioner, MEPZ Spl. Economic Zone &      HEOUS Tamilnadu, Chennai-45 to exit from 100% EOU Status and to function as a DTA Unit and therefore the company is not a     100% EOU and  functions as a DTA unit.

6. The Expansion Plans:
       Orders of SEBI on the proposals for issue and allotment of equity shares on preferential basis as approved by the Extraordinary        General Meeting held on 24.11.2005 are awaited.
       Consequently funds from the proposed allottees of shares were not received.
       The completion of expansion will be over as soon as the funds are received from the prospective allottees of shares under        preferential allotment.

7. Sri U.Mahesh Rao has resigned from the directorship of the Company with effect from 8.11.2005.
 
For and on behalf of the Board
 
Place: Chennai
                                                                                                                                                                     G. SUDHAKAR
Date : 25.01.2006
MANAGING DIRECTOR