UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.09.2008

 

UNAUDITED FINANCIAL RESULTS 
(Rs.Lakhs)
No.
Particulars
Quarter ended
Half Year Ended
Year Ended
30.09.2008
30.09.2007
30.09.2008
30.09.2007
31.03.2008
         
Audited
Audited
1 Net Sales
6476
5122
11892
10331
20867
  Other Operating Income
411
357
567
445
874
   
 
 
 
 
  
  Total Income (1+2)
6887
5479
12459
10776
21741
   
  
 
 
 
 
2 Expenditure
 
 
 
 
 
   
 
 
 
 
 
(a) Increase/Decrease in stock in Trade and Work in Progress
255
-6
328
-73
472
(b) Consumption of Raw Materials
3212
2770
5843
5358
10650
(c) Purchase of traded Goods
468
473
840
885
1242
(d) Employee cost
303
268
588
503
1115
(e) Power & Fuel
573
495
1058
803
1619
(f) Stores & Chemicals
883
699
1654
1698
3341
(g) Depreciation/Impairment
345
345
687
690
1278
  (h) Other Expenses
389
364
748
750
1634
  (i) Total Expenditure
6428
5408
11743
10614
21351
 
3 Profit from Operations before Other Income,Interest & Exceptional Items
459
71
715
162
390
4 Other Income
-
-
-
-
-
5 Profit before Interest & Exceptional Items
459
71
715
162
390
6 Interest & Finance Cost (Net)
432
278
865
612
1378
7 Profit after Interest but before Exceptional Items
27
-207
-150
-450
-988
8 Exceptional Items
-
-
-
-
-
9 Profit From Ordinary Activities before Tax
27
-207
-150
-450
-988
10 Tax Expenses
 

Current Tax

-
-
-
-
-
  Fringe Benefit Tax
2
4
4
7
18
  Deferred Tax
0
-165
-45
-165
-368
  Prior Year Taxes
0
124
0
124
0
 
11 Net Profit from Ordinary Activities after tax
25
-171
-109
-416
-638
12 Extraordinary Items(Net)
16
0
38
1
48
13 Net Profit for the Period
9
-171
-147
-417
-686
14 Paid-up Equity Shares Capital(Face Value of Rs.10/-each)
2565
2565
2565
2565
2565
15 Reserves excluding revaluation reserves as per Balance Sheet of Previous accounting year
-
-
-
-
2772
16 Earnings Per Share(EPS)(Rs.)-(Not Annualised)
  Basic
0.10
-0.67
-0.42
-1.62
-2.49
  Diluted
0.03
-0.67
-0.57
-1.63
-2.67
17 Aggregate Public Shareholding
  No of Shares
10988602
11917351
10988602
11917351
12038751
  Percentage of Shareholding
42.84%
46.46%
42.84%
46.46%
46.93%

 

 

Coimbatore
Dated 31st October, 2008

  
  KG BAALAKRISHNAN
  EXECUTIVE CHAIRMAN

 

SEGMENT WISE RESULTS
(Rs.Lakhs)
Particulars
Quarter Ended
Half Year Ended
For the Year Ended
30.09.2008
30.09.2007
30.09.2008
30.09.2007
31.03.2008
(Un Audited)
 
 
(Audited)
(Audited)
1 Segment Revenue(Net Sales/Income from Operations)
 
  
  
 
 
a Fabrics Dvn
6340
4924
11614
10010
20839
b Apparel Dvn
238
250
463
531
1299
Total
6578
5174
12076
10541
22138
Add: Other Unallocable Income
411
52
186
210
1271
Less: Intersegment Sales
102
357
567
445
874
Net Sales/Income from Operations
6887
5479
12459
10776
21741
   
2 Segment Results
   
  
  
 
  
Profit/(Loss) before Interest and Tax
  
  
  
 
  
a Fabrics Dvn
436
86
641
212
504
b Apparel Dvn
23
-15
74
-50
-114
Total
459
71
715
162
390
Less: Interest
432
278
865
612
1378
Less:Other Unallocable Expenditure(Net)
0
0
0
0
0
Profit Before Extraordinary Items & Tax
27
-207
-150
-450
-988
 
    
 3 Capital Employed (Segment Assets -
Segment Liabilities)
   
   
   
 
   
a Fabrics Dvn
18823
19034
18823
19034
19116
b Apparel Dvn
729
1105
729
1105
714
 
  
 
 
 
Total Capital Employed in Company
19552
20139
19552
20139
19830

 

1 The limited review of above unaudited financial results as required under clause 41 of listing agreement has been carried out by Statutory Auditory.
2 The above results were reviewed by the Audit Committee and taken on record by the Board of Directions at their meeting held on
3. Information on Investor Complaints Pursuant to clause 41 of the listing agreement for the Quarter ended 30th September,2008-Opening Balance - Nil, Additions -8, Disposals - 8, Closing Balance - Nil
4. Figures of the previous year/quarter/half year have been regrouped / re arranged wherever necessary.

 

Coimbatore
Dated 31st October, 2008

By Order Of the Board

  
  KG BAALAKRISHNAN
  EXECUTIVE CHAIRMAN