Regd Office: 21/4 Mill Street, Kovilpatti 628 501.
           
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30TH SEPTEMBER 2004
          (Rs.in Lacs)
PARTICULARS QUARTER ENDED HALF YEAR ENDED YEAR ENDED
30.09.2004 30.09.2003 30.09.2004 30.09.2003 31.03.2004
        (AUDITED)
           
  1) Net Income from sales 7981 5298 14960 10260 23249
           
  2) Cost of sales          
      a) (Increase) / decrease in stock in trade (184) (139) (559) (575) (387)
      b) Consumption of raw materials 4118 2244 7824 4679 10399
      c) Conversion cost 524 379 957 686 1251
      d) Employee cost 411 352 765 676 1322
      e) Power and fuel 540 467 1104 932 1958
      f) Other expenses 1168 745 1924 1369 2659
  3) Gross Profit 1404 1250 2945 2493 6047
  4) General Administrative Expenses 183 162 336 338 766
  5) Selling and Distribution Expenses 428 344 875 678 1432
  6) Operating Profit before interest and depreciation 793 744 1734 1477 3849
  7) Interest 181 214 370 479 835
  8) Depreciation 470 404 923 786 1639
  9) Operating Profit after interest and depreciation 142 126 441 212 1375
10) Other Income 23 36 73 133 315
11) Profit before Tax 165 162 514 345 1690
12) Provision for Taxation (45) 20 45 64 285
      Provision for Deferred Tax 100 5 136 5 230
13) Net Profit after Tax 110 137 333 276 1175
14) Paid - up equity share capital 470 470 470 470 470
15) Reserves excluding revaluation reserves         5763
16) Basic and diluted EPS (Not annualised) 2.34 2.91 7.08 5.87 24.98
17) Aggregate of non promoters shareholding          
      - Number of shares  1275801 1275301 1275801 1275301 1275801
      - Percentage of shareholding 27.12 27.11 27.12 27.11 27.12
           
           
1. The above results were reviewed by the Audit Committee and taken on record by the Board of Directors at their 
    meeting held on 29.10.2004 and the half yearly results have been subjected to Limited Review by Auditors of the 
    Company.          
           
2. During the quarter three investor complaints were received and disposed off.  There were no complaints pending both
    at the beginning and end of the quarter.          
           
3. Lock out was declared at our processing unit at Cuddalore, Tamil Nadu from 3rd October 2004 due to labour unrest.
           
4. Previous year figures have been regrouped wherever necessary.        
           
      For LOYAL TEXTILE MILLS LIMITED
           
           
           
Chennai            MANIKAM RAMASWAMI
29.10.2004        Chairman & Managing Director