AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 31st MARCH,2009 (Standalone) |
|||||
(Rs.Lakhs) |
|||||
No. |
Particulars |
Quarter ended |
Year Ended |
||
31.03.2009 |
31.03.2008 |
31.03.2009 |
31.03.2008 |
||
Audited |
Audited |
Audited |
Audited |
||
1 |
(a) Net Sales/Income for Operations |
4569 |
5370 |
22054 |
20867 |
(b) Other Operating Income |
227 |
238 |
912 |
874 |
|
Total Income (a+b) |
4796 |
5608 |
22966 |
21741 |
|
|
|
|
|
||
2 |
Expenditure |
|
|
|
|
(a) Increase/Decrease in stock in Trade and work in progress |
-392 |
296 |
-536 |
472 |
|
(b) Consumption of Raw Materials |
2548 |
2318 |
11696 |
10650 |
|
(c) Purchases of Traded Goods |
760 |
381 |
2006 |
1242 |
|
(d) Employee cost |
430 |
371 |
1309 |
1115 |
|
(e) Power & Fuel |
767 |
750 |
2042 |
1619 |
|
(f) Stores & Chemicals |
513 |
518 |
3478 |
3341 |
|
(g) Depreciation/Impairment |
271 |
245 |
1306 |
1278 |
|
(h) Other Expenses |
496 |
516 |
1582 |
1622 |
|
Total Expenditure |
5393 |
5395 |
22883 |
21339 |
|
|
|||||
3 |
Profit from Operations before Other Income, Interest & Exceptional items (1-2) |
-597 |
213 |
83 |
402 |
4 |
Other Income |
113 |
-
|
122 |
-
|
5 |
Profit before interest & Exceptional items(3+4) |
-484 |
213 |
205
|
402
|
6 |
Interest & Finance Cost(Net) |
258 |
426 |
1595 |
1379 |
7 |
Loss/Gain on variation in foreign exchange rates (Net) |
276
|
- |
276 |
- |
8 |
Profit after Interest but before Exceptional items (5-6) |
-1018 |
-213 |
-1666 |
-977 |
9 |
Exceptional items |
-
|
-
|
-
|
-
|
10 |
Profit from Ordinary Activities before tax (7+8) |
-1018 |
-213 |
-1666 |
-977 |
11 |
Tax Expenses | ||||
Provision for taxation - Current Tax |
- |
- |
- |
- |
|
Fringe Benefit Tax |
6 |
8 |
12 |
18 |
|
Deferred Tax |
-281 |
-106 |
-506 |
-368 |
|
Prior Year Taxes |
1 |
-157 |
1 |
- |
|
12 |
Net Profit/Loss from Ordinary Activities after tax (9-10) |
-744 |
42 |
-1173 |
-627 |
13 |
Extraordinary items (Nett) |
-21 |
47 |
43 |
59 |
14 |
Net Profit / Loss for the period(11-12) |
-723 |
-5 |
-1216 |
-686 |
15 |
Paid-up Equity Share Capital (Face value of Rs.10/- each) |
2565 |
2565 |
2565 |
2565 |
16 |
Reserves (excluding revaluation reserves) |
- |
- |
1685 |
2901 |
17 |
Earnings per share (EPS)-Basic & Diluted (Before Extraordinary Items) |
-2.90 |
0.16 |
-4.57 |
-2.44 |
Earnings per share (EPS)-Basic & Diluted (After Extraordinary Items) |
-2.82 |
-0.02 |
-4.74 |
-2.67 |
|
18 |
Public Shareholding | ||||
No of Shares |
10988602 |
12038751 |
10988602 |
12038751 |
|
Percentage of Shareholding |
42.83% |
46.93% |
42.83% |
46.93% |
|
19 |
Promoters & Promoter Group Shareholding | ||||
(a) Pledged / Encumbered No of shares |
2000000 |
- |
2000000 |
- |
|
Percentage of Shares(as % of the shareholding of promoter & promoter Group) |
13.64% |
- |
13.64% |
- |
|
Percentage of Shares(as % of the share capital of the Company) |
7.80% |
- |
7.80% |
- |
|
(b) Non Encumbered number of shares |
12665303 |
- |
12665303 |
- |
|
Percentage of Shares(as % of the shareholding of promoter & promoter Group) |
86.36% |
- |
86.36% |
- |
|
Percentage of Shares(as % of the share capital of the Company) |
49.38% |
- |
49.38% |
- |
Coimbatore |
KG BAALAKRISHNAN |
SEGMENT WISE RESULTS |
|||||
(Rs.Lakhs) |
|||||
Particulars |
Quarter Ended |
Year Ended |
|||
31.03.2009 |
31.03.2008 |
31.03.2009 |
31.03.2008 |
||
(Audited) |
(Audited) |
(Audited) |
(Audited) |
||
1 | Segment Revenue |
|
|
|
|
a Fabrics Dvn |
4818 |
5896 |
21964 |
21713 |
|
b Apparel Dvn |
227 |
699 |
1415 |
1299 |
|
Total |
5045 |
6595 |
23379 |
23012 |
|
Less: Inter Segment Sales |
249 |
987 |
413 |
1271 |
|
Add: Other Unallocable income |
- |
- |
- |
- |
|
Net Sales/Income from Operations |
4796 |
5608 |
22966 |
21741 |
|
|
|||||
2 | Segment Results |
|
|
|
|
Profit/(Loss) before Interest and Tax |
|
|
|
|
|
a Fabrics Dvn |
-362 |
333 |
34 |
504 |
|
b Apparel Dvn |
-59 |
-120 |
169 |
-114 |
|
Total |
-421 |
213 |
203 |
390 |
|
Less: Interest |
258 |
426 |
1595 |
1378 |
|
Less: Other Unallocable Expenses (Net) |
318 |
47 |
317 |
48 |
|
Total Profit before Tax |
-997 |
-260 |
-1709 |
-1036 |
|
|
|||||
3 | Capital Employed (Segment Assets - Segment Liabilities) |
|
|
|
|
a Fabrics Dvn |
17033 |
19116 |
17033 |
19116 |
|
b Apparel Dvn |
820 |
714 |
820 |
714 |
|
Total Captial Employed In Company |
17853 |
19830 |
17853 |
19830 |
|
1 The above results were reviewed by the Audit Committee were approved by the Board of Directors at their meeting held on 25th June, 2009. |
2 Information on Investor Complaints pursuant to clause 41 of the listing agreement for the Quarter ended 31st March,2009 - Opening Balance - Nil, Additions - 10, Disposals -10, Closing Balance - Nil |
3. Figures of the previous year / quarter ended have been regrouped / re arranged wherever necessary. |
Coimbatore |
KG BAALAKRISHNAN |
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31st MARCH,2009 |
|||
No. |
Particulars |
Year Ended |
|
Audited |
|||
31.03.2009 |
31.03.2008 |
||
1 |
(a) Net Sales / Income from Operations |
24257 |
23386 |
(b) Other Operating Income |
926 |
879 |
|
Total Income (a+b) |
25183 |
24265 |
|
|
|
|
|
2 |
Expenditure |
|
|
|
(a) Increase/Decrease in stock in Trade and work in progress |
-735 |
367 |
|
(b) Consumption of Raw Materials |
12941 |
11502 |
|
(c) Purchase of Traded Goods |
2222 |
1456 |
(d) Employee Cost |
1465 |
1293 |
|
|
(e) Power & Fuel |
2042 |
2866 |
|
(f) Stores & Chemicals |
3779 |
3033 |
|
(g) Depreciation/Impairment |
1311 |
1281 |
|
(h) Other Expenses |
2172 |
2186 |
|
Total expenditure |
25197 |
23984 |
3 |
Profit from operations before Other Income,Interest & Exceptional Items(1-2) |
-14 |
281 |
4 |
Other Income |
122 |
- |
5 |
Profit before Interest & Exceptional Items (3+4) |
108 |
281 |
6 |
Interest & Finance Cost (Net) |
1685 |
1460 |
7 |
Loss/Gain on variation in foreign exchange rates(Net) |
276 |
- |
8 |
Profit after Interest but before Exceptional items(5-6) |
-1853 |
-1179 |
9 |
Exceptional Items | ||
10 |
Profit for Ordinary Activities before Tax (7+8) |
-1853 |
-1179 |
11 |
Tax Expenses | ||
|
Provision for taxation - Current Tax |
- |
- |
|
Fringe Benefit Tax |
16 |
28 |
|
Prior Year Taxes |
1 |
- |
|
Deferred Tax |
-564 |
-434 |
12 |
Net Profit / Loss for Ordinary Activites after tax(9-10) |
-1306 |
-773 |
13 |
Extraordinary Items(Net) |
43 |
50 |
14 |
Net Profilt / Loss for the period (11-12) |
-1349 |
-823 |
15 |
Paid up Equity Share Capital(Face Value of Rs.10/- each) |
2565 |
2565 |
16 |
Reserves(excluding revaluation reserves) |
1424 |
2646 |
17 |
Earnings Per Share(EPS)-Basic & Diluted (Before Extraordinary items) |
-5.09 |
-3.21 |
Earnings Per Share(EPS)-Basic & Diluted (After Extraordinary items) |
-5.26 |
-3.21 |
|
18 |
Public Shareholding | ||
No of Shares |
10988602 |
12038751 |
|
|
Percentage of Shareholding |
42.83% |
46.93% |
19 |
Promoters & Promoter Group Shareholding | ||
|
(a) Pledged/Encumbered |
- |
- |
|
No of Shares |
2000000 |
- |
Percentage of Shares(as % of the shareholding of promoter & promoter Group) |
13.64% |
- |
|
Percentage of Shares(as % of the share capital of the Company) |
7.80% |
- |
|
(b) Non Encumbered | |||
No of Shares |
12665303 |
- |
|
Percentage of Shares(as % of the shareholding of promoter & promoter Group) |
86.36% |
- |
|
Percentage of Shares(as % of the share capital of the Company) |
49.38% |
- |
Coimbatore |
KG BAALAKRISHNAN |