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=         &= nbsp;           =    

        =             &nb= sp;            STANPACKS (INDIA) LTD.

        =             &nb= sp;             An ISO 9001 Company

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

        =        AUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 31.3.2007

        =             &nb= sp;            =             &nb= sp;            =      (Rs.in lakhs= )

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

        =             &nb= sp;          Nine months&nbs= p; Quarter ended      Year ended=    

        Sl.        =             &nb= sp;  ended        =             &nb= sp;            =     

        No.  Particulars        31.12.06   31.3.07  31.3.06=   31.3.07  31.3.06

        =             &nb= sp;          -----------------------------------------------

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

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

        1. Net Sales        =      2049.46    893.24   672.76  2942.70<= /span>  2367.77 

   <= /span>     2. Other Income        =      2.37      3.33    10.48=      5.70    11.51    

        3. Total Expenditure

        =    a)(Increase)/Decrease

        =        in stock in trade (204.54)   (96.39)  (83.16) (300.93) (219.51)        =             &nb= sp;            =           =             &nb= sp;            =             &nb= sp;    

        =    b)Consumption of

        =        Raw-materials   &nbs= p; 1669.43    737.63   596.88  2407.06<= /span>  2022.04     

        =    c) Staff Cost        =   140.15     46.49    49.7= 3   186.64   157.75

        =    d) Other Expenditure   242.15    118.21    56.55   360.35   157.25

        4. Interest        =        139.00     48.68    35.0= 5   187.68   116.45   

        5. Depreciation        =     73.64     25.41    19.8= 4    99.05    74.87

        6. Profit before tax       (8.00)    16.54     8.35     8.55    70.43   

        7. Provision for taxation     

        =    a) Current Taxes        =   -        0.96     0.64     0.96     5.86

        =    b) Fringe Benefit Tax  &n= bsp; 1.80      0.88     2.12     2.68     3.62     

  &nb= sp;     8. Net Profit before

        =       Deferred Tax         (9.80)    14.70     5.59     4.91    60.95   

        =    Deferred Taxes        =   (1.95)     4.50     2.43     2.55    23.97=     

        9. Net Profit after     <= /span>

        =       Deferred Tax         (7.85)    10.20     3.16     2.36    36.98=

        10.Paid up Equity Share

        =             &nb= sp;     Capital  609.60<= /span>   609.60   609.60    60= 9.60  609.60=

        (Face Value:Rs.10/-per share)

        11.Reserves excluding

        =     revaluation reserves      -        -        -      38.60    36.2= 4        

        12.Basic & diluted EPS(Rs.) (0.13)*   0.17*    0.05*    0.04     0.61   

        13.Aggregate of Non-

        =     Promoters' Share Holding:

        =     Number of Shares        =   -     &nbs= p;  -        -    3625737  3678252        =           

        =     Percentage of Shareholding -       -        -      59.48    60.3= 4        =             &nb= sp;

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

        *Not Annualised

        Notes  

        1. The above results were reviewed by the Audit Committee at its

        =    meeting held on 28th June, 200= 7 and approved and taken on record by

        =    the Board of Directors at its meeting hel= d on 28th June, 2007.

        2. The Company operates in a single primary business segment namely           

        =     manufacture of “Packing Materials&#= 8221;.

        3. Previous Year's figures were regrouped wherever necessary.

        4. Details of Investor Complaints for the quarter ended 31st March<= span class=3DGramE>,2007:

 <= span style=3D'mso-spacerun:yes'>        =   beginning – Nil; received – N= il; 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 di= spute is pending     

        are as under:

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

        Sl. Name of the  Nature of Dues   Amount   Pertaining    Present

        No. Statute        =             &nb= sp;  (Rs.)        =           Status

        -----------------------------------------------------------------------

        i.  Sales Tax   Sales Tax Demand   825,477 1994-1995    On Appeal the

        =             &nb= sp;            =             &nb= sp;            =        case was

        =             &nb= sp;                  =             &nb= sp;            =  remanded to

        =             &nb= sp;            =             &nb= sp;            =        the Assessing

        =             &nb= sp;            =             &nb= sp;            =        Officer

        ii. Sales Tax   Sales Tax Demand  353,788<= /span>  1995-1996   - do -

        iii.Sales Tax   Sales Tax Demand   128,925 1997-1998   - do -

        iv. Sales Tax   Sales Tax Demand    80,755 200= 1-2002   - do -

         v. Central     Excise Duty       3,70,589 2004-2005     The Assistant

        =     Excise             = Demand        =             &nb= sp;      Commissioner of

  &nb= sp;            =            &n= bsp;            = ;            &n= bsp;             Centr= al Excise,

  &n= bsp;            = ;            &n= bsp;            = ;            &n= bsp;            Chennai

        vi. Income Tax  Income Tax &       535,= 659 AY 1995-96    Income Ta= x

        =       Act 1961  Interest        =             &nb= sp;            Appellate

        =             &nb= sp;            =             &nb= sp;            =        Tribunal,

        =             &nb= sp;            =             &nb= sp;            =        Chennai.

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

 

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

        Place : Chennai        =             &nb= sp;      DR.G.V.CHALAPATHI

        Date  : 28.6.2007.        =             &nb= sp;   MANAGING DIRECTOR

 

 

 

 

 

 

 

 

 

 

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