STANPACKS (INDIA) LIMITED

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

   UNAUDITED  FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED  30TH

   SEPTEMBER, 2007. (Rs.in Lakhs)

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                           Quarter ended    Half-Year ended  Year ended

 SL.                  -------------------------------------------------  

 No.  Particulars         30.9.07  30.9.06  30.9.07  30.9.06  31.3.07    

                            (Unaudited)       (Unaudited)    (Audited)     

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

1. Net Sales               923.99   618.19  1727.43  1229.08  2942.70

2. Other Income             (0.11)    1.11     1.46     1.69     5.70

3. Total Expenditure   

   a)(Increase)/Decrease  

     in stock in trade     (44.82) (304.70)   60.51  (369.60) (300.93)

   b)Consumption of

     Raw-materials         701.35   753.76  1206.33  1173.22  2407.06

   c)Staff Cost             47.07    46.71    91.51    87.49   186.64           

   d) Other Expenditure    119.43    42.00   174.79   182.33   360.34

4. Interest                 50.81    53.44   102.43    86.16   187.68

5. Depreciation             24.68    26.19    49.12    48.48    99.05   

6. Profit before tax        25.36     1.90    44.20    22.69     8.56

7. Provision for taxation     

   a) Current Taxes          2.84     0.16     4.95     1.91     0.96                

   b) Fringe Benefit Tax     0.45      -       0.90     0.60     2.68        

8. Net Profit Before

           Deferred Tax     22.07     1.74    38.35    20.18     4.92

   Deferred Tax              8.63     1.28    13.99     8.34     2.55

9. Net Profit After

           Deferred Tax     13.44     0.46    24.36    11.84     2.37    

10. Paid up Equity Share

    Capital                609.60   609.60    609.60   609.60  609.60                                        

    (Face Value:Rs.10/-

     per share)

11. Reserves excluding

    revaluation reserves    -       -         -           -     36.24

12. Basic & diluted EPS

                 (in Rs.)    0.22*    0.01*     0.40*    0.19*   0.04                                                      

13. Aggregate of Non-

     Promoters' Shareholding:

      Number of Shares      --      --       3625737  3628785 3625737

      Percentage of Shareholding--  --         59.48    59.53   59.48      

 

 

Notes:  

*Not Annualised.

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

   its meeting held on 29th October, 2007. The same was taken on

   record  by the  Board of Directors of the Company along with

   the review of the same by the Statutory Auditors at their

   meeting held on 29th October, 2007.

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 30, 2007:

   beginning-Nil; received-Nil; 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 dispute

   is pending are as under:

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

        Sl. Name of the  Nature of Dues   Amount   Pertaining    Present

        No. Statute                       (Rs.)                  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 Duty       370,589   2004-2005  The Assistant

            Excise             Demand                         Commissioner of

                                                              Central Excise,

                                                               Chennai

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

              Act 1961  Interest                               Appellate

                                                               Tribunal,

                                                               Chennai.

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6. Adjustments, if any, on  account  of implementation of revised Accounting

Standard AS15(Employee Benefits) will be complied shortly.

 

 

                                      For and on behalf of the Board

Place: Chennai                              DR.G.V.CHALAPATHI

Date : 29.10.2007                           MANAGING DIRECTOR