AUDITED FINANCIAL RESULTS |
||||||
(Rs.Lakhs) |
||||||
No. |
Particulars |
9 Months Ended |
Quarter ended |
Year Ended |
||
31.12.2007 |
31.03.2008 |
31.03.2007 |
31.03.2008 |
31.03.2007 |
||
Audited |
Audited |
|||||
1 | Net Sales |
15497 |
5370 |
4946 |
20867 |
20899 |
2 | Other Income |
636 |
238 |
196 |
874 |
441 |
3 | Total Income (1+2) |
16133 |
5608 |
5142 |
21741 |
21340 |
4 | Expenditure |
|
|
|
|
|
|
|
|
|
|
||
(a) Increase/Decrease in stock |
176 |
296 |
109 |
472 |
-367 |
|
(b) Consumption of Raw Materials |
9193 |
2699 |
3440 |
11892 |
12313 |
|
(c) Stores & Chemicals |
2189 |
518 |
689 |
2707 |
2917 |
|
(d) Employee cost |
744 |
371 |
413 |
1115 |
1050 |
|
(e) Manufacturing Expenses |
1503 |
750 |
575 |
2253 |
2112 |
|
(f) Selling and Administrative Expenses |
1118 |
516 |
490 |
1634 |
1785 |
|
5 | Interest |
952 |
426 |
311 |
1378 |
1180 |
6 | Depreciation |
1033 |
245 |
203 |
1278 |
1184 |
7 | Total Expenditure (4+5+6) |
16908 |
5821 |
6230 |
22729 |
22174 |
8 | Profit (+) / Loss (-) before tax (3-7) |
-775 |
-213 |
-1088 |
-988 |
-834 |
9 | Extraordinary Items (Nett) |
1 |
47 |
-33 |
48 |
20 |
10 | Provision for taxation - Current Tax |
0 |
0 |
0 |
||
Fringe Benefit Tax |
10 |
8 |
0 |
18 |
23 |
|
Prior Year Taxes |
157
|
-157
|
0 |
0 |
0 |
|
Deferred Tax |
-262 |
-106 |
-186 |
-368 |
-186 |
|
11 | Net Profit / Loss (8-9-10) |
-681 |
-5 |
-869 |
-685 |
-692 |
12 | Paid-up Equity Share Capital (Face value of Rs.10/- each) |
2565 |
2565 |
2011 |
2565 |
2011 |
13 | Reserves (excluding revaluation reserves) |
- |
- |
- |
2772 |
3141 |
14 | Earnings per share (EPS)-Basic & Diluted |
-2.65 |
-0.02 |
-4.32 |
-2.67 |
-3.44 |
15 | Aggregate of Public Shareholding | |||||
No of Shares |
11917751 |
12038751 |
11871551 |
12038751 |
11871551 |
|
Percentage of Shareholding |
46.46% |
46.93% |
59.07% |
46.93% |
59.07% |
Coimbatore |
KG BAALAKRISHNAN |
SEGMENT WISE RESULTS |
||||||
(Rs.Lakhs) |
||||||
Particulars |
9 Months Ended |
Quarter Ended |
Year Ended |
|||
31.12.2007 |
31.03.2008 |
31.03.2007 |
31.03.2008 |
31.03.2007 |
||
(Un Audited) |
(Un Audited) |
(Un Audited) |
(Audited) |
(Audited) |
||
1 | Segment Revenue |
|
|
|
|
|
a Fabrics Dvn |
15181 |
5658 |
4528 |
20839 |
19304 |
|
b ApparelDvn |
600 |
699 |
502 |
1299 |
2393 |
|
Total |
15781 |
6357 |
5030 |
22138 |
21697 |
|
Less: Inter Segment Revenue |
284 |
987 |
84 |
1271 |
798 |
|
Add: other income |
636 |
238 |
196 |
874 |
441 |
|
Net Sales/Income from Operations |
16133 |
5608 |
5142 |
21741 |
21340 |
|
|
||||||
2 | Segment Results |
|
|
|
|
|
Profit/(Loss) before Interest and Tax |
|
|
|
|
|
|
a Fabrics Dvn |
171 |
333 |
-561 |
504 |
496 |
|
b Apparel Dvn |
6 |
-120 |
-216 |
-114 |
-150 |
|
Total |
177 |
213 |
-777 |
390 |
346 |
|
Less: Interest |
952 |
426 |
311 |
1378 |
1180 |
|
Add: Extraordinary Items (Net) |
1 |
47 |
-33 |
48 |
20 |
|
Profit before Tax |
-776 |
-260 |
-1055 |
-1036 |
-854 |
|
|
||||||
3 | Capital Employed (Segment Assets - Segment Liabilities) |
|
|
|
|
|
a Fabrics Dvn |
18584 |
19116 |
19180 |
19116 |
19180 |
|
b Apparel Dvn |
929 |
714 |
1243 |
714 |
1243 |
|
Total |
19513 |
19830 |
20423 |
19830 |
20423 |
|
1 The above results were reviewed by the Audit Committee were approved by the Board of Directors at their meeting held on 23rd day of June, 2008. |
2 The Statutory Auditors of the Company have carried out a limited review for standalone results of the Company. |
3. Previous Years figures have been regrouped whereever necessary to conform to current period classification. |
4. No of Investor complaints for the quarter ended 31.03.2008 - (a) Opening Balance at the beginning-nil; (b) Additions-20; (c) Disposals - 20 (d) Closing Balance - nil; |
Coimbatore |
KG BAALAKRISHNAN |
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31-03-2008 |
|||
No. |
Particulars |
Year Ended |
Year Ended |
31.03.2008 |
31.03.2007 |
||
1 |
Net Sales |
23386 |
22270 |
2 |
Other Income |
879 |
782 |
3 |
Total Income (1+2) |
24265 |
23052 |
4 |
Expenditure |
|
|
|
(a) Increase/Decrease in stock |
367 |
-656 |
|
(b) Consumption of Raw Materials |
12958 |
10342 |
|
(c) Stores & Chemicals |
3033 |
3154 |
|
(d) Employee Cost |
1293 |
1148 |
|
(e) Manufacturing Expenses |
2866 |
2114 |
|
(f) Selling and Administrative Expenses |
2186 |
5046 |
5 |
Interest |
1460 |
1534 |
6 |
Depreciation |
1281 |
1184 |
7 |
Total expenditure (4+5+6) |
25444 |
23866 |
8 |
Profit (+) / Loss )(-) before tax (3-7) |
-1179 |
-814 |
9 |
Extraordinary Items (Nett) |
50 |
21 |
10 |
Provision for taxation - Current Tax |
0 |
7 |
|
Fringe Benefit Tax |
28 |
29 |
|
Prior Year Taxes |
0 |
0 |
|
Defferred Tax |
-434 |
-185 |
11 |
Net Profit / Loss (8-9-10) |
-823 |
-686 |
12 |
Paid-up Equity Share Capital (Face value of Rs.10/- each) |
2565 |
2011 |
13 |
Reserves (excluding revaluation reserves) |
2646 |
3152 |
14 |
Earnings per share (Rs.) (Basic & diluted) |
-3.21 |
-3.41 |
15 |
Aggregate of non-promoter shareholding |
|
|
|
No of Shares |
12038751 |
11871551 |
|
Percentage of Shareholding |
46.93% |
59.07% |
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 |
KG BAALAKRISHNAN |