<= img width=3D48 height=3D57 src=3D"JBM6_files/image002.jpg" v:shapes=3D"Picture_= x0020_2">

= &nb= sp; =

= JUMBO BAG LTD.

= = Regd. Office: 46, Halls Road, Kilpauk, Chennai-600 010.

UNAUDITED FINANCIAL RE= SULTS (PROVISIONAL) FOR THE QUARTER ENDED 30TH

SEPTEMBER, 2006. = &nb= sp; (Rs.in Lakhs)

-----------------------------------= -----------------------------------

= &nb= sp; Quarter ended Half-Year ended Year ended

S= L. = -------------------------------------------------

N= o. Particulars 30.9.06 30.9.05 30.9.06 30.9.05 31.3.06

= &nb= sp; (Unaudited) = (Unaudited) = (Audited) &n= bsp;

--------------------------------------------------------------------= --

1. Net Sales 1071.61 907.42 2211.56 1777.48 3729.44

2. Other Income = 31.28 13.2= 4 60.48 22.08 62.71

3. Total Expenditure

a)(Increase)/Decrease

in stock in trad= e (155.27) (75.87) (175.94) (148.05) (159.25)

b)Consumption of

Raw-materials 750.14 538.14 1447.24 1075.65 2205.88

c)Staff Cost = 89.50 70.4= 3 149.60 114.38 250.64

<= /span>d) Other Expenditure 297.62 268.68 597.46 521.22 1014.81

4. Interest = 52.87 41.1= 0 101.86 80.58 185.10

5. Depreciation = 36.36 29.1= 4 71.36 57.07 117.48 = &nb= sp; =

6. Profit before tax 31.67 49.04 80.46 98.71 177.49

7. Provision for taxation

<= /span>a) Current Taxes (10.41) 12.65 - 28.05 29.85 = &nb= sp; =

<= /span>b) Fringe Benefit Tax 1.00= 1.49 2.25 2.94 6.68=

8. Net Profit Before

= Deferred Tax 41.08 34.9= 0 78.21 67.72 140.96

Deferred Tax = 30.08 3.46 36.10 5.38 45.06 = &nb= sp; =

9. Net Profit After

= Deferred Tax 11.00 31.4= 4 42.11 62.34 95.90

10. Paid up Equity Share

&n= bsp; Capital = 681.37 572.37 681.37 572.37 572.37 = &nb= sp; =

&n= bsp; (Face Value:Rs.10/-

per share)

11. Reserves excluding

&n= bsp; revaluation reserves &nb= sp; - &nbs= p; - &nbs= p; - - &nbs= p; 386.64 = ; = &nb= sp;

12. Basic & diluted EPS

= (Rs.) 0.16* 0.55* 0.62* 1.09* 1.68 =

13. Aggregate of Non-

&n= bsp; Promoters' Shareholding:

&n= bsp; Number of Shares -- -- 4204070 3143770 3454070

&n= bsp; Percentage of Shareholding-- -- 61.70 54.9= 3 60.35

-----------------------------------------------= -----------------------

Notes: &n= bsp;

*Not Annualised.

1. The above results were reviewed by the Audit Committ= ee and taken

on record by the Board of Directors of the Company = at its meeting

held on 23rd October, 2006 sub= ject to the limited Review by the

Statutory Auditors= of the Company.

2. The Company operates in a single p= rimary business segment namely

manufacture of "Packing materials."

3. Previous year's= figures were regrouped wherever necessary.

4. Details of inve= stor complaints for the quarter ended September= 30,

2006:beginning-Nil; received-Nil; disposed off-Nil and ending-Nil.

5.DIVIDEND @10% on the Equity Shares was declared in the Annual

General Meeting of the Company held on 18.9.2006 and the dividend

warrants were desp= atched to the shareholders.

6.The Board of Directors have issued and allotted 10,90,000 Equity

Shares of the Comp= any on 5.8.2006 on Preferential Basis.

7.The object for w= hich Preferential allotment of Equity Shares issued

and allotted on 5.8.2006 is partly for margin m= oney needs of expansion

and partly for working capital requirements. Th= e same has been completed.

8.Demand of Rs.18.= 74 Lakhs confirmed by CIT (Appeals), Chennai relating

to Assessment Years 1998-99 and 2003-04 being interest under Sections

234A/234B/234C und= er MAT liability is considered as “Contingent Liability”

since the company = is confident of a favourable decision in the Income-Tax

Appellate Tribunal, Chennai.

9.The Board of Dir= ectors have approved opening of a Subsidiary Company in U.S.A.

= &nb= sp; = For and on behalf of the Board

Place: Chennai = &nb= sp; G.SUDHAKAR

Date : 23.10.2006 = &nb= sp; MANAGING DIRECTOR