INVESTOR INFORMATION :
FINANCIAL RELEASE
Unaudited Financial Results for the Quarter
and nine months ended December 31, 2014 ( Lacs)
|
Item
|
STANDALONE |
CONSOLIDATED |
|
Quarter ended |
Nine Months ended |
Previous Accounting Year ended 31.3.2014
(Audited) |
Quarter ended |
Nine Months ended |
Previous Accounting Year ended 31.3.2014
(Audited) |
31.12.2014
(Reviewed) |
30.09.2014
(Reviewed) |
31.12.2013
(Reviewed) |
31.12.2014
(Reviewed) |
31.12.2013
(Reviewed) |
31.12.2014
(Reviewed) |
30.9.2014
(Reviewed) |
31.12.2013
(Reviewed) |
31.12.2014
(Reviewed) |
31.12.2013
(Reviewed) |
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
| 1.
|
a) Net Sales/Income from
Operations
|
18.88 |
78.88 |
18.11 |
116.06 |
103.90 |
122.54 |
1288.87 |
1525.71 |
1386.91 |
3843.69 |
4068.89 |
5222.48 |
|
b) Other Operating Income
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
c) Total 1a + 1b |
18.88 |
78.88 |
18.11 |
116.06 |
103.90 |
122.54 |
1288.87 |
1525.71 |
1386.91 |
3843.69 |
4068.89 |
5222.48 |
|
2.
|
|
|
Consumption of Materials |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
516.07 |
536.53 |
362.65 |
1393.23 |
1176.40 |
1594.77 |
|
Purchase of traded goods |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
(Increase)/Decrease in
Stocks in trade and work in
progress |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-31.11 |
23.60 |
62.18 |
-80.51 |
191.08 |
46.24 |
|
Employee benefits expense |
2.00 |
2.00 |
1.48 |
5.51 |
4.29 |
5.78 |
135.97 |
170.46 |
132.00 |
451.33 |
409.36 |
564.73 |
|
Depreciation |
0.06 |
0.08 |
0.02 |
0.18 |
0.06 |
0.08 |
81.09 |
49.68 |
117.49 |
237.63 |
328.98 |
426.46 |
|
Power & Fuel |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
149.48 |
150.16 |
131.27 |
433.37 |
425.29 |
572.58 |
|
External Processing |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
98.87 |
88.70 |
84.83 |
263.32 |
239.16 |
327.90 |
|
Other Expenses
|
2.28 |
3.69 |
2.28 |
8.11 |
7.76 |
9.67 |
183.39 |
149.52 |
173.26 |
486.35 |
471.79 |
734.56 |
|
i) |
Total Expenditure ( 2a to
2h ) |
4.34 |
5.77 |
3.78 |
13.80 |
12.11 |
15.53 |
1133.76 |
1168.65 |
1063.68 |
3184.72 |
3242.06 |
4267.24 |
|
3.
|
Profit from operations before other Income,
finance costs and exceptional Items ( 1c - 2i ) |
14.54 |
73.11 |
14.33 |
102.26 |
91.79 |
107.01 |
155.11 |
357.06 |
323.23 |
658.97 |
826.83 |
955.24 |
|
4.
|
Other Income |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.19 |
0.27 |
0.23 |
0.46 |
0.58 |
1.07 |
|
5.
|
Profit from ordinary activities before finance
costs and exceptional Items ( 3 + 4 ) |
14.54 |
73.11 |
14.33 |
102.26 |
91.79 |
107.01 |
155.30 |
357.33 |
323.46 |
659.43 |
827.41 |
956.31 |
|
6.
|
Finance costs |
0.00 |
0.01 |
0.00 |
0.01 |
0.00 |
0.00 |
34.05 |
26.78 |
37.10 |
89.09 |
123.79 |
160.95 |
|
7.
|
Profit from Ordinary Activities before Tax ( 5 -
6 ) |
14.54 |
73.10 |
14.33 |
102.25 |
91.79 |
107.01 |
121.25 |
330.55 |
286.36 |
570.34 |
703.62 |
795.36 |
|
8. |
Tax Expense
|
a) |
Current Tax (Net of MAT Credits) |
4.47 |
4.40 |
4.40 |
13.36 |
13.06 |
17.73 |
38.47 |
99.40 |
101.40 |
191.36 |
260.06 |
299.73 |
|
b) |
Earlier years' Tax |
0.00 |
0.00 |
-0.04 |
0.00 |
-0.04 |
-0.04 |
1.44 |
0.00 |
-0.04 |
1.44 |
-9.22 |
-9.22 |
|
c) |
Deferred Tax
|
0.01 |
-0.01 |
0.00 |
0.01 |
0.00 |
0.01 |
0.27 |
12.25 |
-6.69 |
-9.99 |
-27.02 |
-35.57 |
|
d) |
Total Tax Expense ( 8a to 8c ) |
4.48 |
4.39 |
4.36 |
13.37 |
13.02 |
17.70 |
40.18 |
111.65 |
94.67 |
182.81 |
223.82 |
254.94 |
|
9.
|
Net Profit from Ordinary Activities After Tax (
7 - 8d ) |
10.06 |
68.71 |
9.97 |
88.88 |
78.77 |
89.31 |
81.07 |
218.90 |
191.69 |
387.53 |
479.80 |
540.42 |
|
10.
|
Share of profit / (loss)
of associates |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
11. |
Minority interest |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
12. |
Net profit after taxes,
minority interest and share of profit of associates (9+10+11) |
10.06 |
68.71 |
9.97 |
88.88 |
78.77 |
89.31 |
81.07 |
218.90 |
191.69 |
387.53 |
479.80 |
540.42 |
|
13.
|
Paid-up Equity Share
Capital (Face value Rs.10 each) |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
|
14. |
Reserves excluding
revaluation reserves |
|
|
|
|
|
173.60 |
|
|
|
|
|
3127.22 |
|
15. |
Earnings Per Share,
(Basic
& Diluted)
|
0.10 |
0.69 |
0.10 |
0.90 |
0.79 |
0.90 |
0.82 |
2.21 |
1.93 |
3.91 |
4.84 |
5.45 |
|
16. |
Public Shareholding:
a) Number of Equity Shares |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
|
b) Percentage of
Shareholding
|
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
|
17. |
Promoters and promoter group share-holding |
a) |
Pledged / Encumbered |
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
Number of shares |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
- |
% of shares (as % of total shareholding of
promoter and promoter group) |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
- |
% of shares (as a % of the total share capital
of the company) |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
b) |
Non-encumbered |
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
Number of shares |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
|
- |
% of shares (as % of total shareholding of
promoter and promoter group) |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
|
- |
% of shares (as a % of the total share capital of
the company) |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
|
|
|
Notes :
1. The above unaudited results were
reviewed by the Audit Committee and approved by the Board of Directors
on 13.02. 2015.
2. The Statutory
Auditors of the Company have carried out a Limited Review of the above
results for the quarter and nine months
ended 31.12.2014.
3. Depreciation for the quarter and nine months ended 31st December 2014
have been aligned to comply with requirements of Part C of Schedule II
of the Companies Act, 2013. Consequently, depreciation is lower by
Rs. 29.80 lacs for the Q3 and Rs. 87.46 lacs for nine months ended on
31.12.2014. Further Rs. 7.82 lacs (net of deferred tax Rs. 3.76 lacs) in
respect of the fixed assets where the useful lives as specified in the
schedule II is already expired, has been adjusted to the opening balance
of the retained earnings.
4. There was no
exceptional / extraordinary item during the quarter and nine months ended
31.12.2014.
5. Previous
periods' figures have been regrouped/rearranged where necessary.
6. The
consolidated figures include figures of Company's Wholly Owned
Subsidiary Tamboli Castings Limited.
7. During the
quarter, one complaint from investor was received and resolved. There were no
complaints pending at the beginning and at the end of the quarter.
|
|
Date : 13.02.2015
ON BEHALF OF THE BOARD OF DIRECTORS
Place : Bhavnagar
B.
F. Tamboli, CHAIRMAN |
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