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Regd
Office: 21/4 Mill Street, Kovilpatti 628 501 |
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UNAUDITED
FINANCIAL RESULTS FOR THE QUARTER / 9 MONTHS ENDED 31ST DECEMBER 2007 |
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(Rs.in Lacs) |
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PARTICULARS |
QUARTER ENDED |
9 MONTHS ENDED |
YEAR ENDED |
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31.12.2007 |
31.12.2006 |
31.12.2007 |
31.12.2006 |
31.03.2007 |
30.09.07 |
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(AUDITED) |
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1) Net Sales /
Income from Operations |
10761 |
9680 |
29354 |
27400 |
37175 |
18593 |
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2) Other Income |
23 |
100 |
87 |
153 |
488 |
64 |
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3) Total Income ( 1 + 2 ) |
10784 |
9780 |
29441 |
27553 |
37663 |
18657 |
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4) Expenditure |
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a) (Increase)
/ decrease in stock in trade and |
407 |
(43) |
(576) |
(422) |
(521) |
(983) |
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Work-in-progress |
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b)
Consumption of raw materials |
4334 |
4658 |
13010 |
12544 |
16635 |
8676 |
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c) Trade
Purchase |
1121 |
448 |
2785 |
1077 |
2100 |
1664 |
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d) Employee
cost |
544 |
480 |
1603 |
1427 |
1916 |
1059 |
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e) Power and
fuel |
795 |
844 |
2419 |
2588 |
3472 |
1624 |
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f) Depreciation |
1099 |
835 |
3116 |
2544 |
3287 |
2017 |
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g) Other
expenses |
2049 |
1937 |
5741 |
5967 |
7861 |
3692 |
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h) Total |
10349 |
9159 |
28098 |
25725 |
34750 |
17749 |
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5) Interest |
385 |
252 |
1162 |
815 |
893 |
777 |
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6) Exceptional
Items |
0 |
0 |
0 |
0 |
0 |
0 |
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7) Profit (+) /
Loss (-) from ordinary Activities |
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Before Tax ( 3 ) - ( 4 + 5 + 6) |
50 |
369 |
181 |
1013 |
2020 |
131 |
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8) Tax Expense |
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Current Tax |
6 |
39 |
21 |
112 |
258 |
15 |
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Fringe
Benefit Tax |
5 |
5 |
12 |
10 |
18 |
7 |
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Deferred Tax
Liability / (Asset) |
9 |
77 |
36 |
218 |
459 |
27 |
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9) Net Profit (+) / Loss ( - ) from
ordinary |
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Activities
after Tax ( 7 - 8 ) |
30 |
248 |
112 |
673 |
1285 |
82 |
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10) Extraordinary items(net of tax expense) |
0 |
0 |
0 |
0 |
0 |
0 |
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11) Net Profit (+) / Loss( - ) for the period (9-10) |
30 |
248 |
112 |
673 |
1285 |
82 |
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12) Paid - up equity share capital |
470 |
470 |
470 |
470 |
470 |
470 |
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(Face Value of
Rs.10/- per share) |
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13) Reserves excluding revaluation reserves |
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8973 |
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14) Earnings per Share ( EPS) |
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a)Basic and
Diluted EPS before Extra ordinary items |
0.64 |
5.27 |
2.38 |
14.31 |
27.32 |
1.74 |
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b)Basic and
Diluted EPS after Extra ordinary items |
0.64 |
5.27 |
2.38 |
14.31 |
27.32 |
1.74 |
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15) Public Shareholding |
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-Number of
shares |
1276601
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1276501
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1276601
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1276501
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1276501 |
1276501 |
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-Percentage
of Shareholding |
27.14 |
27.14 |
27.14 |
27.14 |
27.14 |
27.14 |
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1.
The above results reviewed by the Audit Committee have been taken on record by the Board |
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of
Directors at their meeting held on
28.01.2008 and have been subjected to limited review by the |
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auditors of the Company. |
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2.
During the quarter 12 investor complaints were received and all
were disposed off. There were no |
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Complaints pending both at the beginning and
end of the quarter. |
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3.
The revised Accounting Standard AS15 on Employee benefits has come into effect for the current |
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year and the effect for this being not
material,would be given effect at the year end. |
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4. Prior period figures have been regrouped wherever necessary. |
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*
Power and fuel is net of Generation of power from Wind Mills. |
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SEGMENT-WISE
REVENUE, RESULT AND
CAPITAL EMPLOYED UNDER
CLAUSE 41 OF
THE LISTING AGREEMENT |
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PARTICULARS |
Quarter
ended 31.12.2007 |
Quarter
ended 31.12.2006 |
9
months ended 31.12.2007 |
9
months ended 31.12.2006 |
Year
ended 31.03.2007 (Audited) |
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(Rs. In
Lacs) |
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Segment Revenue |
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a) Yarn |
4127 |
3264 |
10137 |
9046 |
12391 |
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b) Cloth |
6309 |
5899 |
18001 |
17187 |
23460 |
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c) Garments |
985 |
1433 |
3245 |
3816 |
4684 |
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d) Unallocated |
0 |
0 |
0 |
0 |
0 |
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Total |
11421 |
10596 |
31383 |
30049 |
40535 |
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Less: Inter Segment Revenue |
660 |
916 |
2029 |
2649 |
3360 |
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Net Sales/Income from Operations |
10761 |
9680 |
29354 |
27400 |
37175 |
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Segment Results
[Profit(+) / Loss (-) |
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before tax and interest from: |
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a) Yarn |
249 |
258 |
728 |
825 |
1356 |
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b) Cloth |
98 |
198 |
340 |
614 |
827 |
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c) Garments |
63 |
64 |
198 |
243 |
320 |
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d) Unallocated |
0 |
0 |
0 |
0 |
0 |
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Total |
410 |
520 |
1266 |
1682 |
2503 |
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Less: Interest |
385 |
252 |
1162 |
815 |
893 |
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Less: Other unallocable expenditure net off |
-25 |
-101 |
-77 |