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Audited Financial Results for the half year ended 30th September, 2010

(Rs. in Lacs)
Particulars 3 Months
ended
30.09.2010
(Audited)		 Corresponding
3 months ended in the previous year
30.09.2009
(Audited)		 Year to date
figures for the current period ended
30.09.2010
(Audited)		 Year to date figures
for the previous period ended
30.09.2009
(Audited)		 Previous accounting year ended
31.03.2010
(Audited)
a) Net Sales/Income from operations 11,857.89 10,414.10 21,313.25 17,778.06 35,546.90
b) Other Operating Income 94.91 45.44 158.83 105.42 294.07
Expenditure :
a) (Increase)/Decrease in Stock in trade and work in progress 138.84 1,070.69 (1,247.42) 263.83 (1,270.24)
b) Consumption of raw materials 6,795.58 5,105.02 13,538.36 10,080.49 21,807.08
c) Purchase of traded goods 568.63 174.59 833.78 246.72 397.12
d) Employees cost 544.61 490.34 1,053.87 937.13 2,005.71
e) Depreciation 229.96 201.80 448.74 397.22 805.63
f) Other expenditure 2,943.05 2,684.94 5,550.83 4,658.12 9,439.40
g) Total 11,220.67 9,727.38 20,178.16 16,583.51 33,184.70
Profit from Operations before Other Income, Interest and Exceptional Items ( 1-2 ) 732.13 732.16 1,293.92 1,299.97 2,656.27
Other Income 33.20 54.07 180.63 57.84 74.53
Profit before Interest and Exceptional Items
( 3+4)		 765.33 786.23 1,474.55 1,357.81 2,730.80
Interest 181.97 149.58 364.83 332.05 600.40
Profit after interest but before Exceptional Items (5-6) 583.36 636.65 1,109.72 1,025.76 2,130.40
Exceptional Items - - - - -
Profit from Ordinary Activities before tax (7+8) 583.36 636.65 1,109.72 1,025.76 2,130.40
Tax Expenses 189.95 175.35 368.00 309.85 765.52
Net Profit from Ordinary Activities after tax
(9-10)		 393.41 461.30 741.72 715.91 1,364.88
Extraordinary Item (net of tax expenses) - - - - -
Net Profit 393.41 461.30 741.72 715.91 1,364.88
Paid up equity share capital
- Face value of the share is Rs. 10 each
(Including Share Forfeited Rs. 39.48 Lacs)		 1,141.98 1,056.71 1,141.98 1,056.71 1,141.98
Reserves excluding revaluation reserves as per
Balance Sheet of previous accounting year		 9,950.22
Earnings Per Shares (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 annualized) 3.57 4.53 6.73 7.04 13.23
b) Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualized) 3.57 4.53 6.73 7.04 13.23
Public Shareholding
- Number of shares 5015458 5037122 5015458 5037122 5016458
- Percentage of shareholding 45.49% 49.52% 45.49% 49.52% 45.50%
Promoters and promoter group shareholding
a) Pledged/Encumbered          
- Number of shares - - - - -
- Percentage of shares (as a % of the total shareholding of promoter and promoter group) - - - - -
- Percentage of shares (as a % of the total share capital of the company) - - - - -
b) Non -encumbered          
- Number of shares 6009542 5135210 6009542 5135210 6008542
- 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) 54.51% 50.48% 54.51% 50.48% 54.50%

Note :
  1. The above results were reviewed by the Audit Committee and were taken on record by the Board of Directors in their meeting held on 13.11.2010
  2. The financial results are based on the accounts drawn in accordance with generaly accepted accounting practices consistently in complience with the mandatory accounting standards.
  3. 13 Nos of investors complaints were received during the quarter. All were disposed off. No complaint was pending at the beginning or end of the quarter.
  4. Figures of the previous year have been regrouped and rearranged wherever necessary.
  For and on behalf of the Board
 
Date - 13.11.2010
Place - Unnao		 Mukhtarul Amin
Chairman & Managing Director
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