UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31.12.2008

 

Unaudited Financial Results for the Quarter & Nine Months Ended 31st December,2008 (Standalone)
(Rs.in Lakhs)
No.
Particulars
Unaudited
Audited
Quarter ended
Nine Months Ended
Year Ended
31.12.2008
31.12.2007
31.12.2008
31.12.2007
31.03.2008
UnAudited
Audited
1 (a)Net Sales/Income from Operations
5593
5509
17485
15497
20867
(b)Other Operating Income
120
194
685
551
690
Total Income (a+b)
5713
5703
18170
16048
21557
  
 
 
 
 
2 Expenditure
 
 
 
 
 
(a) Increase/Decrease in stock in Trade and work in Progress
-472
305
-144
176
472
(b) Consumption of Raw Materials
3228
3149
9148
8131
10650
(c) Purchase of traded Goods
381
96
1246
1062
1242
(d) Employee cost
293
197
879
744
1115
(e) Power & Fuel
627
491
1625
1194
1619
(f) Stores & Chemicals
961
718
2615
2498
3341
(g) Depreciation/Impairment
348
343
1035
1033
1278
(h) Other Expenses
379
402
1086
1118
1634
(i) Total Expenditure
5746
5701
17490
15956
21351
3 Profit from Operations before Other Income,Interest & Exceptional Items (1-2)
-33
2
680
92
206
4 Other Income
7
6
9
85
184
5 Profit before Interest & Exceptional Items (3+4)
-26
8
689
177
390
6 Interest & Finance Cost (Net)
472
333
1337
952
1378
7 Profit after Interest but before Exceptional Items (5-6)
-498
-325
-648
-776
-988
8 Exceptional Items
-
-
-
-
-
9 Profit From Ordinary Activities before Tax (7+8)
-498
-325
-648
-776
-988
10 Tax Expenses

Provision for taxation - Current Tax

0
-
0
0
0
Fringe Benefit Tax
2
3
6
10
18
Deferred Tax
-180
-97
-225
-262
-368
Prior Year Taxes
0
33
0
157
0
11 Net Profit/Loss from Ordinary Activities after tax (9-10)
-320
-264
-429
-681
-638
12 Extraordinary Items(Net)
26
0
64
1
48
13 Net Profit/Loss for the Period (11-12)
-346
-264
-493
-682
-686
14 Paid-up Equity Shares Capital(Face Value of Rs.10/-each)
2567
2567
2567
2567
2567
15 Reserves excluding revaluation reserves as per Balance Sheet of Previous accounting year
-
-
-
-
2901
16 Earnings Per Share(EPS) - Basic & Diluted (Before Extraordinary Items)
-1.25
-1.03
-1.67
-2.65
-2.49
Earnings Per Share(EPS) - Basic & Diluted (After Extraordinary Items)
-1.35
-1.03
-1.92
-2.66
-2.67
17 Public Shareholding
No of Shares
10988602
11917751
10988602
11917751
12038751
Percentage of Shareholding
42.83%
46.46%
42.83%
46.46%
46.93%

 

 

Coimbatore
Dated 31st January, 2009

  
  KG BAALAKRISHNAN
  EXECUTIVE CHAIRMAN

 

Reporting of Segment wise Revenue, Results and Capital Employment
Under Clause 41 of the Listing Agreement
(Rs.in Lakhs)
Standalone
Audited
Particulars
Quarter Ended
Nine Months Ended
Year Ended
31.12.2008
31.12.2007
31.12.2008
31.12.2007
31.03.2008
 
 
(Audited)
1 Segment Revenue(Net Sales/Income from Operations)
 
  
  
 
 
a Fabrics Dvn
5377
5746
17557
15732
20738
b Apparel Dvn
500
48
963
600
1299
Total
5877
5794
18520
16332
22037
Add: Other Unallocable Income
7
6
9
85
184
Less: Intersegment Sales
164
91
350
284
480
Net Sales/Income from Operations
5720
5709
18179
16133
21741
   
2 Segment Results
   
  
  
 
  
Profit/(Loss) before Interest and Tax
  
  
  
 
  
a Fabrics Dvn
-207
26
396
169
456
b Apparel Dvn
155
-18
228
6
-114
Total
-52
8
625
175
342
Less: Interest
472
333
1337
952
1378
Less:Other Unallocable Expenditure(Net)
0
0
0
0
0
Total Profit Before Tax
-524
-325
-712
-777
-1036
 
    
 3 Capital Employed (Segment Assets -
Segment Liabilities)
   
   
   
 
   
a Fabrics Dvn
18144
18584
18144
18584
19116
b Apparel Dvn
725
929
725
929
714
Total Capital Employed in Company
18869
19513
18869
19513
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 approved by the Board of Directions at their meeting held on 31st January 2009.

3. Information on Investor Complaints Pursuant to clause 41 of the listing agreement for the Quarter ended 31st December, 2008-Opening Balance - Nil, Additions -4, Disposals - 4, Closing Balance - Nil

4. Figures of the previous year/quarter/nine months ended have been regrouped / re arranged wherever necessary.

 

Coimbatore
Dated 31st January, 2009

By Order Of the Board

  
  KG BAALAKRISHNAN
  EXECUTIVE CHAIRMAN