|
Quarterly
Results : |
|
UNAUDITED FINANCIAL
RESULTS FOR THE QUARTER ENDED DECEMBER
31, 2011
|
Rs, in Lacs
|
|
|
Particulars
|
Quarter
ended December 31, 2011 (Reviewed)
|
Quarter
ended September 30, 2011 (Reviewed)
|
Quarter
ended December 31, 2010 (Reviewed)
|
Nine
Months ended December 31, 2011 (Reviewed)
|
Nine
Months ended December 31, 2010 (Reviewed)
|
Year
ended March 31, 2011 (Audited)
|
| 1.
(a) Net Sales / Income from operations |
1325.10
|
1669.16
|
2180.35
|
5403.27
|
5897.37
|
8273.18
|
|
(b) Other operating income |
5.55
|
12.65
|
10.89
|
18.63
|
16.41
|
25.44
|
| (c)
Total Income |
1330.65
|
1681.81
|
2191.24
|
5421.90
|
5913.78
|
8298.62
|
| 2.
Expenditure |
|
|
|
|
|
|
| a)
(Increase) / Decrease in Stock-in-trade
& Work-in-Progress |
(0.77)
|
(326.58)
|
(49.78)
|
(464.12)
|
(46.49)
|
(218.05)
|
| b)
Consumption of materials |
903.24
|
1080.48
|
1207.73
|
3300.64
|
2816.01
|
4296.26
|
| c)
Manufacturing Expenses |
115.31
|
366.11
|
358.13
|
838.86
|
866.37
|
1258.26
|
| d)
Depreciation / Amortisaion |
55.29
|
53.79
|
50.85
|
160.07
|
146.73
|
188.96
|
| e)
Employee Cost |
79.43
|
79.71
|
82.10
|
246.04
|
208.68
|
290.26
|
|
f) Other Expenditure |
93.65
|
74.94
|
61.28
|
240.41
|
153.37
|
201.93
|
| g)
Total Expenditure |
1246.15
|
1328.45
|
1710.29
|
4321.90
|
4144.68
|
6017.62
|
| 3.
Profit from operations before other
income, interest, unrealised exchange
rate difference & exceptional
items (1-2) |
84.50
|
353.36
|
480.95
|
1100.00
|
1769.10
|
2281.00
|
| 4.
Other Income |
2.46
|
11.35
|
5.91
|
24.35
|
10.35
|
30.16
|
| 5.
Profit from operations before interest,unrealised
exchange rate difference & exceptional
items (3+4) |
86.96
|
364.71
|
486.86
|
1124.35
|
1769.10
|
2281.00
|
| 6.
Interest and other financial charges |
105.77
|
87.13
|
65.32
|
267.06
|
188.90
|
298.02
|
| 7.
Profit before unrealised exchange
rate difference & exceptional
items (5-6) |
(18.81)
|
277.58
|
421.54
|
857.29
|
1590.55
|
2013.14
|
| 8.
Unrealised foreign exchange fluctuation
gain / (loss) |
12.23
|
(53.65)
|
15.70
|
(38.98)
|
41.83
|
15.29
|
| 9.
Prior Period & Exceptional items |
-
|
2.32
|
-
|
2.32
|
-
|
-
|
| 10.
Profit from Ordinary Activities before
Tax (7+8+9) |
(6.58)
|
226.25
|
437.24
|
820.63
|
1632.38
|
2028.43
|
| 11.
Tax Expense |
(7.20)
|
78.01
|
166.26
|
251.81
|
543.09
|
557.45
|
|
a. Current tax |
(1.18)
|
34.18
|
147.78
|
209.26
|
548.15
|
618.00
|
|
b. Deferred tax |
(6.02)
|
19.74
|
18.48
|
18.46
|
(5.06)
|
(52.15)
|
| c.
Adjustments relating to Prior years |
-
|
24.09
|
-
|
24.09
|
-
|
(8.40)
|
| 12.
Profit from ordinary activities after
Tax (10-11) |
0.62
|
148.24
|
270.98
|
568.82
|
1089.29
|
1470.98
|
| 13.
Extraordinaty items (Net of Tax Expenses) |
-
|
-
|
-
|
-
|
-
|
-
|
| 14.
Net profit for the period |
0.62
|
148.24
|
270.98
|
568.82
|
1089.29
|
1470.98
|
| 15.
Paid up Equity Share Capital (Equity
Share of Rs.10/- each) |
978.32
|
978.32
|
652.22
|
978.32
|
652.22
|
652.22
|
| 16.
Reserve excluding revaluation reserves |
-
|
-
|
-
|
-
|
-
|
2128.49
|
| 17.
Earning per share |
|
|
|
|
|
|
| (a)
Earning per share before extraordinary
items(Rs.) [Not Annualised] |
0.01
|
1.52
|
2.77
|
5.81
|
11.13
|
15.04
|
| (b)
Earning per share after extraordinary
items(Rs.) [Not Annualised] |
0.01
|
1.52
|
2.77
|
5.81
|
11.13
|
15.04
|
| 18.
Aggregate of Public Shareholding |
-
|
-
|
-
|
-
|
-
|
-
|
| ~
Number of Shares |
3,404,463
|
3,404,463
|
2,277,311
|
3,404,463
|
2,277,311
|
2,269.711
|
| ~
Percentage of Shareholding |
34.80%
|
34.80%
|
34.92%
|
34.80%
|
34.92%
|
34.80%
|
| 19.
Promoters and Promoters Group Shareholding
|
-
|
-
|
-
|
-
|
-
|
-
|
|
a. Pledged /Encumbered |
-
|
-
|
-
|
-
|
-
|
-
|
|
-Number of Shares |
300,000
|
300,000
|
200,000
|
300,000
|
200,000
|
200,000
|
|
-Percentage of Shares % (as a % of
total shareholding of promoters and
promoter group) |
4.70%
|
4.70%
|
4.71%
|
4.70%
|
4.71%
|
4.70%
|
|
-Percentage of Shares % (as a % of
total share capital of the company)
|
3.07%
|
3.07%
|
3.07%
|
3.07%
|
3.07%
|
3.07%
|
|
b. Non-encumbered |
-
|
-
|
-
|
-
|
-
|
-
|
|
-Number of Shares |
6,078,777
|
6,078,777
|
4,044,849
|
6,078,777
|
4,044,849
|
4,052,449
|
|
-Percentage of Shares % (as a % of
total shareholding of promoters and
promoter group) |
95.30%
|
95.30%
|
95.29%
|
95.30%
|
95.29%
|
95.30%
|
|
-Percentage of Shares % (as a % of
total share capital of the company)
|
65.20%
|
62.20%
|
65.02%
|
62.20%
|
65.02%
|
65.20%
|
Segment wise Revenue,Results
and Capital Employed
|
Particulars
|
Quarter
ended December 31,2011 (Reviewed)
|
Quarter
ended September 30,2011 (Reviewed)
|
Quarter
ended December 31,2010 (Reviewed)
|
Nine
Months ended December 31,2011 (Reviewed)
|
Nine
Months ended December 31,2010 (Reviewed)
|
Year
ended March 31,2011 (Audited)
|
|
Segment Revenue
|
|
|
|
|
|
|
|
(a) Speciality Chemicals
|
1324.48
|
1627.22
|
2183.52
|
5303.72
|
5783.09
|
8171.01
|
|
(b) Power Generation
|
|
|
|
|
|
|
|
Total Power Generated
|
12.46
|
77.66
|
18.32
|
180.71
|
173.94
|
197.59
|
|
Less:Captive Power
used for Speciality Chemicals
|
3.83
|
12.52
|
4.69
|
38.88
|
33.54
|
40.46
|
|
Net as per Accounts
|
8.63
|
65.24
|
13.63
|
141.83
|
140.40
|
157.13
|
|
(c) Others Non Allocated
|
-
|
0.70
|
-
|
0.70
|
0.64
|
0.64
|
|
Total (a+b+c)
|
1333.11
|
1693.16
|
2197.15
|
5446.25
|
5924.13
|
8328.78
|
|
Segment Results
|
|
|
|
|
|
|
|
Profit (+) / Loss
(-) before Tax & Interest
|
|
|
|
|
|
|
|
(a) Speciality Chemicals
|
123.35
|
277.39
|
527.29
|
1041.59
|
1802.87
|
2311.72
|
|
(b) Power Generation
|
|
|
|
|
|
|
|
Total
|
(25.11)
|
39.21
|
(22.58)
|
64.43
|
46.48
|
32.21
|
|
Less:Of Captive
Power
|
(1.97)
|
6.27
|
0.27
|
19.93
|
12.90
|
15.69
|
|
|
(23.14)
|
32.94
|
(22.85)
|
44.50
|
33.58
|
16.52
|
|
(c) Others Non Allocated
|
-
|
0.70
|
-
|
0.70
|
0.64
|
0.64
|
|
Total
|
100.21
|
311.03
|
504.44
|
1086.79
|
1837.09
|
2328.88
|
|
Add: (a) Interest
Income
|
2.45
|
13.04
|
5.91
|
26.03
|
9.71
|
29.49
|
|
Less: a. Interest
Expenses
|
105.77
|
87.13
|
65.32
|
267.06
|
188.90
|
298.02
|
|
(b) Other Unallocable
Expenses
|
3.47
|
10.69
|
7.79
|
25.13
|
25.52
|
31.92
|
|
|
109.24
|
97.82
|
73.11
|
292.19
|
214.42
|
329.94
|
|
Total Profit before
tax
|
(6.58)
|
226.25
|
437.24
|
820.63
|
1632.38
|
2028.43
|
|
Capital Employed
|
|
|
|
|
|
|
|
(a) Speciality Chemicals
|
5731.82
|
5117.94
|
4574.66
|
5731.82
|
4574.66
|
4930.65
|
|
(b) Power Generation
|
|
|
|
|
|
|
|
Other than Captive
|
967.72
|
1032.86
|
1034.23
|
967.72
|
1034.23
|
1015.66
|
|
Captive
|
190.90
|
194.46
|
205.41
|
190.90
|
205.41
|
207.05
|
|
|
1158.62
|
1227.32
|
1239.64
|
1158.62
|
1239.64
|
1222.71
|
|
(c) Others Non Allocated
|
9.67
|
9.67
|
9.67
|
9.67
|
9.67
|
9.67
|
|
Total
|
6900.11
|
6354.93
|
5823.97
|
6900.11
|
5823.97
|
6163.03
|
|
1.
The above financial results
have been subjected to limited
review by statutoty auditors,
reviewed by Audit Committee
and taken on record in the
Board Meeting held on Feb
2, 2012.
2)The Company is engaged mainly
in production of Speciality
Chemicals and Power Generation.
3)During the quarter ended
December 31,2011 the Company
received one Investor Complaint
and no complaint remains unresolved
as on December 31,2011. There
was no complaint unresolved
at the beginning and end of
the quarter.
4)Current and deferred taxes
are after adjustment of the
earlier quarters.
5) Previous year's figures
have been regrouped wherever
necessary.
|
|
|
Date: February 2, 2012
Place: Vadodara
|
FOR AND ON
BEHALF OF THE BOARD
YOGESH
M.KOTHARI
CHAIRMAN |
|
|
|
|
