|
|
|
|
|
|
|
|
|
|
|
|
Regd Office : 2nd Floor, 3rd Block, My Home Hub |
|
|
|
Madhapur, Hyderabad 500 081 |
|
|
|
UNAUDITED FINANCIAL RESULTS - CONSOLIDATED |
|
|
|
FOR THE QUARTER
ENDED 30th JUNE, 2010 |
|
|
|
|
|
|
|
Rs. Lakhs |
|
|
Sl No. |
Particulars |
3 months ended 30th Jun, 2010 |
Corresponding 3 months ended in the previous
year 30th Jun, 2009 |
Previous year ended 31st March, 2010 |
|
|
|
|
Unaudited |
Unaudited |
Unaudited |
|
|
1 |
Net sales / Income from Operations |
10,932.77 |
10,591.92 |
46,108.93 |
|
|
2 |
Expenditure |
|
|
|
|
|
|
a)
(Increase)/decrease in finished goods |
|
|
|
|
|
|
and work in progress |
(217.72) |
204.40 |
258.13 |
|
|
|
b) Consumption of
Raw Materials |
6,820.65 |
6,355.98 |
28,357.91 |
|
|
|
c) Employee cost |
719.59 |
670.46 |
2,789.51 |
|
|
|
d)
Depreciation |
439.78 |
459.93 |
1,857.44 |
|
|
|
e) Manufacturing Expenses |
992.11 |
773.40 |
3,463.91 |
|
|
|
f) Administrative
Expenses |
529.73 |
370.37 |
1,575.30 |
|
|
|
g) Selling &
Distribution Expenses |
709.87 |
631.25 |
3,090.65 |
|
|
|
h) R & D Expenses |
103.00 |
67.33 |
367.07 |
|
|
|
i) Other
expenditure |
17.50 |
14.24 |
62.95 |
|
|
|
Total |
10,114.51 |
9,547.36 |
41,822.86 |
|
|
3 |
Profit from Operations before Other Income, Interest &
Exceptional Items (1-2) |
818.27 |
1,044.56 |
4,286.06 |
|
|
4 |
Other Income |
(15.83) |
(21.90) |
(107.36) |
|
|
5 |
Profit before Interest and Exceptional Items |
834.09 |
1,066.45 |
4,393.42 |
|
|
6 |
Interest and Finance charges |
319.31 |
519.57 |
1,754.90 |
|
|
7 |
Profit after Interest but before exceptional items |
514.78 |
546.88 |
2,638.52 |
|
|
8 |
Foreign Exchange Fluctuations (gain)/loss |
185.76 |
(465.19) |
(1,117.64) |
|
|
9 |
Profit before taxation |
329.02 |
1,012.07 |
3,756.17 |
|
|
10 |
Tax expense |
|
|
|
|
|
|
Current Tax Expense |
79.91 |
151.56 |
584.69 |
|
|
|
Deferred Tax Expense |
57.09 |
(7.52) |
137.74 |
|
|
11 |
Net Profit for the period |
192.03 |
868.03 |
3,033.74 |
|
|
12 |
Paid-up share capital |
2,005.72 |
2,005.72 |
2,005.72 |
|
|
|
(Face Value of Rs.10/-
each) |
|
|
|
|
|
13 |
Reserves excluding Revaluation Reserve |
18,252.36 |
16,180.50 |
18,060.33 |
|
|
14 |
Basic Earnings per share (Rs.)* |
0.96 |
4.33 |
15.13 |
|
|
15 |
Public
Shareholding |
|
|
|
|
|
|
- No. of shares |
12,548,775 |
12,616,739 |
12,557,075 |
|
|
|
- Percentage of shareholding |
61.26% |
62.90% |
62.61% |
|
|
16 |
Promoters and
promoter group |
|
|
|
|
|
|
Shareholding |
|
|
|
|
|
|
a)
Pledged/Encumbered |
|
|
|
|
|
|
Number of shares |
400,000 |
1,623,000 |
858,000 |
|
|
|
Percentage of shares to promoter group |
5.77% |
23.63% |
12.39% |
|
|
|
Percentage of shares to total
capital |
1.99% |
8.09% |
4.28% |
|
|
|
b) Non-encumbered |
|
|
|
|
|
|
Number of shares |
6,535,339 |
5,244,375 |
6,069,039 |
|
|
|
Percentage of shares to promoter group |
94.26% |
76.37% |
87.61% |
|
|
|
Percentage of shares to total
capital |
32.58% |
26.14% |
30.25% |
|
|
* Not Annualised for quarter ending |
|
|
|
|
|
NOTES : |
|
|
|
|
|
1) The above
results were reviewed by the Audit Committee and approved by the Board
at its meeting held on 26th July,
2010 |
|
|
and
were subjected to limited review by Statutory Auditors. |
|
|
|
|
|
2) Foreign Exchange Fluctuations loss of
Rs.185.76 lakhs (net) for the quarter includes re-statement of foreign
currency loans, |
|
|
receivables and payables. As per the amendment dated 31-3-2009 to
Companies (Accounting Standards) Rules 2006,
the enterprise |
|
is
given the option either to continue
with the provisions of Accounting Standard 11 - The Effects of Changes
in Foreign Exchange |
|
Rates
or capitalise exchange differences (gain/(loss)) arising on reporting of long
term foreign currency monetary items so far as they |
|
relate
to the acquisition of a depreciable capital asset. The Company has opted to continue with the
existing practice of recognising |
|
the
exchange differences on long term
foreign currency monetary items in the Profit and Loss Account. |
|
|
|
3) The company has received 17 complaints from
investors during the quarter 1st April, 2010 to 30th June, 2010 and all were
resolved. |
|
No
complaints were pending from previous quarter. |
|
|
|
|
|
4) The Company operates only in the segment of
Pharmaceuticals. |
|
|
|
|
|
5) Figures are regrouped wherever necessary. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
for and
on behalf of the Board |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Place :
Hyderabad |
Dr.C.Nageswara Rao |
|
|
|
Date
: 26.07.2010 |
Chairman |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|