| |
| UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTMBER,
2010 |
|
(Rupees in Lakhs) |
Download
|
| |
|
Particulars |
Quarter endedd |
Quarter ended |
Half year ended |
Half year ended |
Year ended |
|
30/09/10 |
30/09/09 |
30/09/10 |
30/09/09 |
31/03/10 |
|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
|
1 |
(a) |
Net Sales / Income from Operations |
12,918.75 |
11,112.53 |
27,251.93 |
20,709.07 |
46,095.36 |
| |
(b) |
Other Operating Income |
356.77 |
315.32 |
1,002.04 |
540.02 |
1,116.45 |
|
Total Income ( a + b ) |
13,275.52 |
11,427.85 |
28,253.97 |
21,249.09 |
47,211.81 |
|
2 |
|
Expenditure : |
|
|
|
|
|
| |
(a) |
(Increase) / Decrease in stock in trade and work in progress |
644.03 |
(313.37) |
625.50 |
(511.67) |
(1,660.47) |
| |
(b) |
Consumption of Raw Materials |
9,728.14 |
8,829.82 |
21,235.72 |
16,070.95 |
36,535.07 |
| |
(c) |
Purchase of Traded Goods |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
(d) |
Employees Cost |
241.02 |
253.91 |
476.22 |
486.42 |
999.31 |
| |
(e) |
Depreciation |
322.89 |
300.12 |
622.89 |
600.12 |
1,174.66 |
| |
(f) |
Other Expenditure |
2,173.59 |
1,886.84 |
4,523.60 |
3,591.10 |
7,985.04 |
| |
(g) |
Total ( a to f ) |
13,109.67 |
10,957.32 |
27,483.93 |
20,236.92 |
45,033.61 |
| |
|
|
|
|
|
|
|
|
3 |
|
Profit from Operations before Other Income, Interest and Exceptional Items
( 1 - 2 ) |
165.85 |
470.53 |
770.04 |
1,012.17 |
2,178.20 |
|
4 |
|
Other Income |
45.03 |
94.96 |
148.69 |
126.01 |
316.00 |
|
5 |
|
Profit before Interest and Exceptional Items ( 3 + 4 ) |
210.88 |
565.49 |
918.73 |
1,138.18 |
2,494.20 |
|
6 |
|
Interest & other Financial Expenses |
519.12 |
459.02 |
1,043.54 |
908.06 |
1,910.93 |
|
7 |
|
Profit after Interest but before Exceptional Items
( 5 - 6 ) |
(308.24) |
106.47 |
(124.81) |
230.12 |
583.27 |
|
8 |
|
Exceptional items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
9 |
|
Profit (+) / Loss
(-) from Ordinary Activities before tax ( 7 + 8 ) |
(308.24) |
106.47 |
(124.81) |
230.12 |
583.27 |
|
10 |
|
Tax Expense |
0.00 |
0.00 |
0.00 |
0.00 |
99.57 |
|
11 |
|
|
(308.24)) |
106.47 |
(124.81) |
230.12 |
483.70 |
|
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 ) |
(308.24) |
106.47 |
(124.81) |
230.12 |
483.70 |
|
14 |
|
Paid-up Equity Share Capital |
4,254.95 |
4,254.95 |
4,254.95 |
4,254.95 |
4,254.95 |
| |
|
(Face Value of Rs.10/- per share) |
|
|
|
|
|
|
15 |
|
Reserves excluding Revaluation Reserves as per Balance Sheet of previous accounting year |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
16 |
|
Earnings Per Share (EPS) |
|
|
|
|
|
| |
(a) |
Basic EPS before & after Extraordinary items for the period, for the year to date and for the previous year (not to be annualized) |
(0.72) |
0.25 |
(0.29) |
0.54 |
1.14 |
| |
(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) |
(0.72) |
0.25 |
(0.29) |
0.54 |
1.14 |
| |
(c) |
Diluted EPS before and after Extraordinary items for the period, for the year to date and for the previous year (not to be annualized) (*) |
(0.41) |
0.14 |
(0.17) |
0.31 |
0.64 |
|
17 |
|
Public Shareholding |
|
|
|
|
|
| |
- |
Number of shares |
9,253,423 |
9,253,423 |
9,253,423 |
9,253,423 |
9,253,423 |
| |
- |
Percentage of shareholding |
21.74 |
21.74 |
21.74 |
21.74 |
21.74 |
|
18 |
|
Promotors & Promotor Group shareholding |
|
|
|
|
|
| |
(a) |
Pledged/Encumbered |
|
|
|
|
|
| |
|
Number of shares |
|
N.A. |
12,768,547 |
N.A. |
N.A. |
| |
|
Percentage of shares (as a % of the total shareholding of promotor
& Promotor group) |
38.33% |
N.A. |
38.33% |
N.A. |
N.A. |
| |
|
Percentage of shares (as a % of the total share capital of the company) |
30.00% |
N.A. |
30.00% |
N.A. |
N.A. |
| |
(b) |
Non-encumbered |
|
|
|
|
|
| |
|
Number of shares |
20,539,851 |
33,308,398 |
20,539,851 |
33,308,398 |
33,308,398 |
| |
|
Percentage of shares (as a % of the total shareholding of promotor & Promotor group) |
61.67% |
100% |
61.67% |
100% |
100% |
| |
|
Percentage of shares (as a % of the total share capital of the company) |
48.26% |
78.26% |
48.26% |
78.26% |
78.26% |
|
Notes : |
|
|
|
|
|
|
|
2. Information on Investor Complaints for the Quarter-(Nos.) : Opening Balance - 3, New -16, Disposal -19, Closing Balance -0. |
|
3. Figures of previous year / quarter have been regrouped and reclassified wherever necessary.. |
| |
4. The above financial results were reviewed by the Audit Committee and have been taken on record by the Board of Directors at the its meeting held on 29th November, 2010. |
| (*) |
5. Diluted EPS has been worked out on total share capital including Preference Shares Capital of Rs. 32,82,00,000, pending conversion into Equity Share Capital, the option of this has already been exercised.
|
|
6. Limited Review Report received from statutory auditors was also placed before the Board & the Board noted that there was no qualification / adverse remark in the said report.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
For STEELCO GUJARAT LTD.
N.M. MOHNOT
Dy. MANAGING
DIRECTOR |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PLACE : Mumbai |
|
|
|
DATE : Nov. 29,
2010 |
|
|
|
|
|
|
|
|
|
|
|
