UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2010.

        Financial Position | Summary of Operations | Balance Sheet | Profit & Loss

                                                                                                 

 

                                                                            (Rs. In Lacs)

 

 

 

 

                        Quarter Ended

Year Ended

 

 

 

30.06.2010

30.6.2009

31.03.2010

(Audited)

1

a)

Net Sales/Income from Operations 

6,447

6,689

22,536

b)

Operating Income 

14

13

41

 

Total Income 

6,461

6,702

22,577

2

 

Expenditure

a)

(Increase)/ Decrease in stock in trade 

244

978

534

b)

Consumption of Raw Material 

2,781

2,592

8,615

c)

Consumption of Stores, chemicals etc. 

468

491

2,071

d)

Purchase of traded goods

1

-

309

e)

Consumption of Fuel, Power & Water 

1,087

856

4,067

f)

Staff Cost 

402

362

1,556

g)

Excise Duty  

185

161

736

h)

Net Foreign Exchange Loss/(Gain)

39

(3)

(104)

i)

Other Expenditure

536

561

2,112

 

Total

5,743

5,998

19,896

3

 

Profit from Operations before other Income,

Interest & Deprecation

718

704

2,681

4

 

Depreciation

255

251

1,015

5

 

Profit from Operations before other Income & Interest

463

453

1,666

6

 

Other Income

7

5

23

7

 

Profit from interest & Finance charges

470

458

1,689

    8

 

Interest & Financial Charges

44

62

151

    9

 

Profit from Ordinary Activities before tax

426

396

1,538

10

 

Tax Expenses (including Deferred Tax)

126

135

510

11

 

Net Profit after tax

300

261

1,028

12

 

Paid-up Equity Share Capital (Face Value Rs.2/- Per Share)

820

820

820

13

 

Reserves (Excluding Revaluation Reserves)

11,352

14

 

Basic/Diluted EPS for the period (Rs.)

0.73/0.57

0.64/0.50

2.51/1.96

15

 

Public Shareholding

 

Number of Shares

16,042,519

16,979,477

16,042,519

 

Percentage of Share Holding

39.13%

41.41%

39.13%

16

 

Promoters & Promoter group Shareholding

29,957,481

24,020,523

24,957,481

a)

Pledged/Encumbered

Nil

Nil

Nil

b)

Non-Encumbered

 

-       Number of shares

24,957,481

24,020,523

24,957,481

 

-       Percentage of shares(as a % of the total shareholding of promoter and promoter group)

100.00%

100.00%

100.00%

 

-       Percentage of shares(as a % of the total share capital of the company)

60.87%

58.59%

60.87%

 

 

                  Segment Wise Revenue, Results and Capital Employed for the Quarter ended 30th June,2010.

 

Quarter Ended 30.06.2010

Quarter Ended 30.06.2009

Year  Ended

31.03.2010

1

 

Segment Revenue: 

 

a) Paper Division 

6,446

6,689

22,192

 

b) Trading in Commodities

1

344

 

      Total

6,447

6,689

22,536

2

 

Segment Results Profit before tax and interest: 

 

a) Paper Division 

479

464

1,714

 

b) Trading in Commodities

1

-

35

 

Total

480

464

1,749

 

Less: 

 

(i) Interest

148

117

564

 

(ii) All Other unallocable expenditure (Net of  unallocable income).

(94)

(49)

(353)

 

Profit before tax

426

396

1,538

3

 

Capital Employed: 

 

 

a) Paper Division 

13,969

14,932

14,629

 

 

b) Trading in Commodities

-

-

-

 

 

      Total

13,969

14,932

14,629

 

 Notes:

           1. The auditors have carried out limited review of the results for quarter ended 30th June, 2010.

           2. Investors Complaints during the Quarter (Nos) Opening Balance – Nil, Received -5, Disposed off – 5,

               Closing Balance – Nil.

           3. The Figures for previous periods have recast and regrouped wherever necessary to conform to

               current period’s Presentations.

           4. The Accounts of the Subsidiary company will be consolidated at the year end.

 

 

  Place : Mumbai.                                                              On Behalf of the Board of Directors

  Date  : 03rd August,2010.                                                                  M.P.JATIA 

                                                                                                              Chairman & Managing Director