(Rs. in Lacs)
PARTICULARS
Quarter ended
Nine Months Ended

12 months Accounting year ended 31/03/2009 (Audited)

12/31/2009

(Reviewed)
12/31/2008

(Reviewed)
12/31/2009

(Reviewed)
12/31/2008

(Reviewed)
Net Sales/Income from operations
 
Gross Sales
     
8,411.70
       
3,812.85
   
23,602.79
   
18,075.81
   
25,262.47
 
Less : Excise duty & Sales Tax
        
643.03
          
428.44
     
1,803.39
     
2,223.00
      
2,751.27
 
Net Sales/Income from operations
     
7,768.67
       
3,384.40
   
21,799.40
   
15,852.81
   
22,511.20
 
Expenditure
 
 
(a)  (Increase)/decrease in stock-in-trade
        
276.87
       
1,135.62
   
(1,609.82)
     
1,174.81
      
1,369.45
 
(b) Consumption of Raw-Material
     
6,267.97
       
2,630.94
   
18,465.18
   
12,173.92
   
16,462.41
 
(c) Foreign Exchange (Gain) / Loss
       
(419.94)
       
1,336.94
       
(163.78)
     
1,774.41
      
1,634.19
 
(d) Employee cost
        
197.65
          
182.94
        
625.23
        
532.48
         
712.20
 
(e) Power & Fuel
        
371.66
          
157.39
     
1,027.60
        
734.86
      
1,075.93
 
(f) Depreciation
        
145.06
          
146.03
        
433.88
        
436.46
         
582.44
 
(g) Manufacturing & Other expenditure
        
237.86
          
162.64
        
684.61
        
650.79
      
1,021.65
 
Total Expenditure
     
7,077.13
       
5,752.50
   
19,462.90
   
17,477.75
   
22,858.28
 
Profit (+) / Loss (-)  from operations before other income,Interest & Exceptional Item
        
691.54
     
(2,368.09)
     
2,336.50
    
(1,624.94)
       
(347.08)
 
Other Income
           
22.19
            
24.22
          
71.62
           
41.41
           
88.15
 
Profit (+) / Loss (-) before Interest and Exceptional Items
        
713.73
     
(2,343.87)
     
2,408.12
    
(1,583.53)
       
(258.93)
 
Interest and Finance Charges
        
330.61
          
505.98
     
1,148.73
     
1,235.58
      
1,685.79
 
Exceptional Item
                 
-  
                   
-  
                 
-  
                 
-  
                  
-  
 
Profit (+) / Loss (-) before tax
        
383.12
     
(2,849.85)
     
1,259.39
    
(2,819.11)
    
(1,944.72)
 
Provision for taxation - Current
                 
-  
             
(0.00)
                 
-  
                 
-  
                  
-  
 
                                      -  Fringe benefit
           
(0.01)
             
(3.00)
           
(0.01)
           
(9.00)
          
(11.00)
 
                                       - Deferred
                 
-  
       
1,020.51
                 
-  
     
1,020.51
         
806.81
 
                                       - Earlier Year
                 
-  
             
(1.29)
                 
-  
           
(4.00)
             
7.00
 
Net Profit (+) / Loss (-) after tax
        
383.11
     
(1,833.63)
     
1,259.38
    
(1,811.60)
    
(1,141.91)
 
Paid-up equity share capital(Face value of Re.1/-each)                                                                  
1659.06
1659.06
1659.06
1659.06
1659.06
 
Reserves excluding revaluation reserves
(as per balance sheet)
 
5298.31
 
Earnings per share (Rs.) (before and after Extraordinary Items)
 
 
a)Cash
b)Basic & diluted

0.32

0.23

(1.02)

(1.11)

1.02

0.76

(0.83)

(1.09)

(0.34)

(0.69)

 
Earnings per share (Rs.) (after Extraordinary Items)
 
a)Cash
0.32
(1.02)
1.02
(0.83)
(0.34)
 
b)Basic & diluted
0.23
(1.11)
0.76
(1.09)
(0.69)
 
Public Shareholding:
 
   - No. of shares
91564571
91622490
91564571
91622490
91550595
 
   - Percentage of shareholding
55.19%
55.32%
55.19%
55.32%
55.18%
 
a) Pledged/Encumbered
 
    - Number of Shares
50000000
NA
50000000
NA
50000000
 
    - % of shares (as a % of total shareholding or promoter/group)
67.24%
NA
67.24%
NA
67.24%
 
    - % of shares (as a % of total share capital of the Company)
30.14%
NA
30.14%
NA
30.14%
 
b) Non-Encumbered
 
    - Number of Shares
24341069
NA
24341069
NA
24355045
 
    - % of shares (as a % of total shareholding or promoter/group)
32.76%
NA
32.76%
NA
32.76%
 
    - % of shares (as a % of total share capital of the Company)
14.67%
NA
14.67%
NA
14.68%
 
Notes:            
1.   The Company operates in a single segment only.
2. During the quarter, Company has received 13 complaints, which have been suitably resolved and no complaints were
pending as on 31st December 2009.
3. Current & Deferred Tax, if any, will be accounted for at the end of accounting year.
4. Figures for the previous year have been re-grouped and/or re-arranged wherever necessary.
5. The auditors of the Company have carried out a "Limited Review" of the financial results for the quarter ended
31st December,2009 in terms of Clause 41 of the listing agreement with stock exchange.
6. The above results were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting
held on 18th January, 2010.

 

 
Place : Mumbai
 
Date  : 18 th January , 2010.

B.M. Bhansali
Managing Director