FINANCIAL STATEMENT
 
UN AUDITED FINANCIAL RESULTS FOR THE 2nd QUARTER & HALF YEAR ENDED 30TH SEPTEMBER 2010

S.NO PARTICULARS QUARTER ENDED HALF YEAR ENDED YEAR ENDED
    30/09/2010 30/09/2009 30/09/2010 30/09/2009 31/03/2010
   
UN AUDITED
AUDITED
1  (a) Net Sales/Income from Operations 1699.39 1466.92 3471.21 2653.64 5495.71
  (b) Other Operating Income 0.00 0.00 0.00 20.21 33.28
  Total Income 1699.39 1466.92 3471.21 2673.85 5528.99
2  Expenditure
  a) Increase/Decrease in
  Stock in Trade and Work in progress -313.70 123.94 -392.66 41.84 -31.24
  b) Consumption of Raw material 1192.28 863.22 2190.33 1674.26 3453.76
  c) Purchase of traded goods 98.69 0.00 332.48 10.04 76.91
  d) Employees Cost 42.13 44.20 87.33 82.16 167.97
  e) Power Cost 10.46 44.27 41.83 109.04 311.12
  f) Depreciation 165.51 125.63 301.26 232.75 447.14
  g) Other expenditure 189.08 116.50 340.58 228.17 572.02
  h) Total 1384.45 1317.76 2901.15 2378.26 4997.68
3  Profit from Operations before Other income, Interest and Exceptional Items (1-2) 314.94 149.16 570.06 295.59 531.31
4  Other Income 2.19 2.59 7.43 3 84 15.58
5  Profit before Interest and Exceptional items (3+4) 317.13 151.75 577.49 299.43 546.89
6  Interest 115.08 63.96 221.21 142.06 284.86
7  Profit after Interest but before Exceptional Items (5-6) 202.05 87.79 356.28 157.37 262.03
8  Exceptional Items 0.00 0.00 0.00 0.00 0.00
9  Profit(+)/Loss(-) from Ordinary Activities before tax (7+8) 202.05 87.79 356.28 157.37 262.03
10  Tax Expense
  Currnet Tax 40.27 16.43 71.01 24.31 45.99
  Deferred Tax Asset/Liability (reversed) 0.00 0.00 0.00 0.00 -9.70
11  Net Profit(+)/Loss(-) from ordinary Activities after tax (9-10) 161.78 71.36 285.27 133.06 225.74
12  Extraordinary Items (net of tax expense) 0.00 0.00 0.00 0.00 0.00
13  Net Profit (+)/Loss(-) for the period (11 -12) 161.78 71.36 285.27 133.06 225.74
14  Paid-up equity share capital (Face Value Rs.10/Share) 532.89 532.89 532.89 532.89 532.89
15  Reserves excluding Revaluation reserves as per balance sheet of previous accounting year 834.96
16  Earning per Shar (EPS) a) Basic and diluted EPS before extraordinary items for the period, for the year to date and for the previous year (not to be annualised)
  a) Basic and diluted EPS before extraordinary items for the 3.07 1.33 5.42 2.49 4.29
  b) Basic and diluted EPS after extraordinary items for the period, for the year to date and for the 3.07 1.33 5.42 2.49 4.29
17  Public shareholding
  - Number of Shares 2179800 2268500 2179800 2268500 2179800
  - Percentage of shareholding 41.42% 42.39% 41.42% 42.39% 41.42%
18  Promoter and Promoter group shareholding
  a) Pledged/Encumbered
  - Number of Shares 0 0 0 0 0
  - Percentage of Shares (as a % of the total shareholding of promoter and promoter group) 0 0 0 0 0
  - Percentage of Shares (as a % of the total share capital of the Company) 0 0 0 0 0
  b) Non-encumbered
  - Number of Shares 3082600 3082600 3082600 3082600 3082600
  - Percentage of Shares (as a % of the total shareholding of promoter and promoter group) 100.00% 100.00% 100.00% 100.00% 100.00%
  - Percentage of Shares (as a % of the total share capital of the Company) 58.58% 57.61% 58.58% 57.61% 58.58%
 
STATEMENT OF ASSETS & LIABILITIES AS ON 30TH SEPTEMBER 2010

  FOR THE PERIOD
  30.09.2010 31.03.2010
  UN AUDITED AUDITED
SHARE HOLDERS' FUND    
(a) Capital 532.89 532.89
(b) Reserves and Surplus 1526.13 1240.86
LOAN FUNDS 4663.07 4772.02
TOTAL 6722.09 6545.77
FIXED ASSETS 4105.67 3725.98
INVESTMENTS 2.78 2.78
CURRENT ASSETS, LOANS AND ADVANCES    
(a) Inventory 1535.04 1901.89
(b) Sundry Debtors 573.04 701.66
(c) Cash and Bank balances 335.55 205.87
(d) Other Current assets 156.68 77.59
(e) Loan and Advances 216.06 344.12
Less: Current Liabilities and Provisions    
(a) Liabilities 161.92 387.80
(b) Provisions 74.87 63.47
  6688.03 6508.62
MISCELLANEOUS EXPENDITURE 34.06 37.15
{Not written off or adjusted)    
PROFIT AND LOSS ACCOUNT 0.00 0.00
TOTAL 6722.09 6545.77
NOTES :
1 The Operation of the Company are under a single broad segment "Textile Intermediary Products" which constitute one single primary segment.
2 Tax Provision for deferred tax will be considered in the Annual Results
3 Number of investor complaints for the quarter ended 30 September 2010 : - Complaints received - Nil, disposed off - Nil and pending at the beginning and at quarter ending - Nil
4 The above Second Quarter and Half Yearly results have been subjected to limited review by the statutory auditors of the Company
5 Previous period/Year's figures have been re-grouped/re-cast wherever necessary
6 The above unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 29.10.2010
 
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