AUDITED FINANCIAL RESULTS 
(Rs.Lakhs)
No.
Particulars
9 Months
Ended
Quarter ended
Year Ended
31.12.2006
31.03.2007
31.03.2006
31.03.2007
31.03.2006
         
Audited
Audited
1 Net Sales
15953
4946
4899
20899
21637
2 Other Income
245
196
138
441
203
   
 
 
 
 
  
3 Total Income (1+2)
16198
5142
5037
21340
21840
   
  
 
 
 
 
4 Expenditure
 
 
 
 
 
   
 
 
 
 
 
(a) Increase/Decrease in stock
-476
109
-893
-367
-1379
(b) Consumption of Raw Materials
8873
3440
2749
12313
11327
(c) Stores & Chemicals
2228
689
392
2917
2461
(d) Employee cost
637
413
459
1050
1475
(e) Manufacturing Expenses
1537
575
893
2112
1641
(f) Selling and Administrative Expenses
1295
490
569
1785
2002
  
5 Interest
869
311
292
1180
973
6 Depreciation
981
203
203
1184
777
 
 
7 Total Expenditure (4+5+6)
15944
6230
4664
22174
19277
 
 
8 Profit (+) / Loss (-) before tax (3-7)
254
-1088
373
-834
2563
9 Extraordinary Items (Nett)
53
-33
317
20
130
10 Provision for taxation - Current Tax
0 
0
175
0
650
  Fringe Benefit Tax
23
0
30
23
30
  Prior Year Taxes
    
1
0
0
  Deferred Tax
0
-186
179
-186
179
11 Net Profit / Loss (8-9-10)
177
-869
-329
-692
1574
12

Paid-up Equity Share Capital
(Face value of Rs.10/- each)
2011
2011
2011
2011
2011
13 Reserves (excluding revaluation reserves)
-
- 
- 
3141
3833
14 Earnings per share (Rs.)
0.88
-4.32
-1.64
-3.44
7.83
15 Aggregate of Public Shareholding          
  No of Shares
11871651
11871551
11871003
11871551
11871003
  Percentage of Shareholding
59.07%
59.07%
59.06%
59.07%
59.06%

 

 

Coimbatore

Dated 28th June, 2007

  
  K G BAALAKRISHNAN
  EXECUTIVE CHAIRMAN

 

SEGMENT WISE RESULTS
(Rs.Lakhs)
Particulars
9 Months
Ended
Quarter Ended
Year Ended
31.12.2006
31.03.2007
31.03.2006
31.03.2007
31.03.2006
   
(Un Audited)
 
 
(Audited)
(Audited)
1 Segment Revenue
 
  
  
 
 
a Fabrics Dvn
14776
4528
4447
19304
19865
b ApparelDvn
1891
502
755
2393
2770
Total
16667
5030
5202
21697
22635
Less: Inter Segment Revenue
714
85
303
799
998
Add: other income
245
196
138
441
203
Net Sales/Income from Operations
16198
5141
5037
21339
21840
   
2 Segment Results
   
  
  
 
  
Profit/(Loss) before Interest and Tax
  
  
  
 
  
a Fabrics Dvn
1058
-562
896
495
3892
b Apparel Dvn
65
-216
-231
-150
-357
  
  
  
   
  
Total
1123
-778
665
345
3535
Less: Interest
869
311
292
1180
973
Add: Extraordinary Items (Net)
53
-33
317
20
130
   
  Profit before Tax
201
-1056
56
-855
2432
    
 3 Capital Employed (Segment Assets -
Segment Liabilities)
   
   
   
 
   
a Fabrics Dvn
19825
19180
19333
19180
19333
b Apparel Dvn
1129
1243
1356
1243
1356
 
  
 
 
 
Total
20954
20423
20689
20423
20689

 

1 The above results were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on 28th day of June, 2007.
2 Figures for previous quarter/year have been regrouped wherever necessary.
3. Information on Investor Complaints pursuant to clause 41 of the listing agreement for the Quarter ended March, 2007
- Opening Balance - Nil, Additions - 17, Disposals - 17, Closing Balance - Nil

 

Coimbatore


Dated 28th June, 2007

 

  
  K G BAALAKRISHNAN
  EXECUTIVE CHAIRMAN

 

AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31-03-2007
No.
Particulars
Year Ended
Year Ended
31.03.2007
31.03.2006
1
 Net Sales
22270
21891
2
 Other Income
782
211
 
  
 
 
3
 Total Income (1+2)
23052
22102
 
  
 
 
4
 Expenditure
 
 
 
  
 
 
 
 (a) Increase/Decrease in stock
-656
-1409
 
 (b) Consumption of Raw Materials
10342
11542
 
 (c) Stores & Chemicals
3154
2461
 
 (d) Employee Cost
1148
1500
 
 (e) Manufacturing Expenses
2114
1641
 
 (f) Selling and Administrative Expenses
5046
2033
 
  
 
 
5
 Interest
1534
983
6
 Depreciation
1184
777
 
  
 
 
7
 Total expenditure (4+5+6)
23866
19528
 
  
 
 
8
 Profit (+) / Loss )(-) before tax (3-7)
-814
2574
 
  
 
 
9
 Extraordinary Items (Nett)
21
130
10
 Provision for taxation - Current Tax
7
654
 
 Fringe Benefit Tax
29
32
 
 Prior Year Taxes
0
0
 
 Defferred Tax
-185
179
 
  
 
 
11
 Net Profit / Loss (8-9-10)
-686
1579
12
 Paid-up Equity Share Capital
(Face value of Rs.10/- each)
2011
2011
13
 Reserves (excluding revaluation reserves)
3152
3838
14
 Earnings per share (Rs.)
(Basic & diluted)
-3.41
7.85
15
 Aggregate of non-promoter shareholding
 
 
 
 No of Shares
11871551
11871003
 
 Percentage of Shareholding
59.07%
59.06%

 

1 In consolidating the accounts, the result of one of its subsidiary namely KG Denim (USA) Inc have been excluded, since the commercial activity of the subsidiary have not yet commenced.
2 Figures for previous quarter / year have been regrouped wherever necessary.

 

Coimbatore

Dated 28th June, 2007

  
  K G BAALAKRISHNAN
  EXECUTIVE CHAIRMAN