Unaudited
Financial Results for the Quarter ended June 30, 2010
(Rs.
In lacs)
|
Particulars
|
Quarter ended June 30
|
Year ended
March 31
|
|
|
2010
|
2009
|
2010
|
|
|
Unaudited
|
Audited
|
|
Net Sales/Income from Operations
|
6920.97
|
4444.07
|
20388.90
|
|
Expenditure
|
|
|
|
|
a. (Increase)/Decrease in stock in trade and work
in progress
|
(215.42)
|
113.72
|
(156.35)
|
|
b. Consumption of Raw materials
|
5165.94
|
2732.18
|
14016.08
|
|
c. Employees Cost
|
431.54
|
398.23
|
1532.93
|
|
d. Power & Fuel
|
431.84
|
318.16
|
1341.16
|
|
e. Depreciation
|
250.67
|
213.16
|
868.59
|
|
f. Other
Expenditure
|
532.64
|
402.65
|
1810.59
|
|
g. Total
|
6597.21
|
4178.10
|
19413.00
|
|
Profit from operations before Other Income, Interest & Exceptional
items
|
323,76
|
265.97
|
975.90
|
|
Other Income
|
56.45
|
8.70
|
79.93
|
|
Profit before Interest & Exceptional Items
|
380.21
|
274.67
|
1055.83
|
|
Interest (net)
|
129.00
|
124.29
|
444.44
|
|
Profit after Interest but before Exceptional Items
|
251.21
|
150.38
|
611.39
|
|
Exceptional items
|
-
|
-
|
90.39
|
|
Profit from ordinary activities before Tax
|
251.21
|
150.38
|
701.78
|
|
Tax Expense
|
70.00
|
50.00
|
262.00
|
|
Net Profit from ordinary activities after Tax
|
181.21
|
100.38
|
439.78
|
|
Extraordinary item
|
-
|
-
|
-
|
|
Net Profit for the Period
|
181.21
|
100.38
|
439.78
|
|
Paid-up Equity Share Capital
(Face value: Rs. 10 per share)
|
1106.40
|
1100.00
|
1100.00
|
|
Reserves excluding Revaluation Reserves
|
-
|
-
|
9665.31
|
|
Earnings per Share (Rs.) -
Basic
|
1.64
|
0.91
|
4.00
|
|
- Diluted
|
1.60
|
0.91
|
3.91
|
|
Public Shareholding
|
|
|
|
|
-
Number of Shares
|
58,79,839
|
58,70,839
|
60,65,839
|
|
-
Percentage of Shareholding
|
53.14
|
53.37
|
55.14
|
|
Promoters and Promoter Group Shareholding
|
|
|
|
|
a) Pledged/Encumbered
|
Nil
|
Nil
|
Nil
|
|
b) Non-Encumbered
|
|
|
|
|
- Number of
Shares
|
51,84,161
|
51,29,161
|
49,34,161
|
|
- Percentage
of Shares (as a % of the total
|
100.00
|
100.00
|
100.00
|
|
Shareholding of Promoters and Promoter Group)
|
|
|
|
|
- Percentage
of Shares (as a % of the total
|
46.86
|
46.63
|
44.86
|
|
Share Capital of the Company)
|
|
|
|
Notes:
1.
The above un-audited Standalone Financial Results were approved by the
Board of Directors at their meeting held on July 21, 2010.
2.
64,000 equity shares were allotted during the quarter pursuant to the
exercise of stock options by eligible employees.
3.
The Board at its Meeting held on April 24, 2010 recommended a Dividend of
Rs.1.75 per equity share for the year ended March 31, 2010.
4.
There
is no separate reportable segment as per AS 17 issued by the
Institute of Chartered Accountants of India, as the Company is
mainly in the business of Polymer Processing.
5.
Company did not have any investor complaints pending at the beginning of
the quarter. 10 complaints/queries were received and resolved during
the quarter and none are pending.
6.
Figures have been regrouped/rearranged where necessary.
|
Kolkata
July 21, 2010
|
For and on behalf of the Board
C Bhaskar
Managing Director & Chief Executive Officer
|
|
