| |
MODISON
METALS LIMITED
Regd. Office:- 33-Nariman Bhavan,
227-Nariman Point, Mumbai -
400021
UNAUDITED FINANCIAL
RESULTS (PROVISIONAL)
FOR THE QUARTER ENDED 30TH SEPT.
2006
|
Rs. in Lakhs |
Sr.
No.
|
Particulars
|
(Unaudited)
|
|
(Audited) |
| |
|
3
Months
Ended
|
3
Months
Ended
|
6
Months
Ended
|
6
Months
Ended
|
Year
Ended |
| |
|
30.09.2006 |
30.09.2005 |
30.09.2006 |
30.09.2005 |
31.03.2006 |
| |
|
|
|
|
|
|
| 01) |
Sales:
Gross |
2802.61 |
1578.66 |
4394.62 |
2599.19 |
5972.83
|
| |
Excise
Duty |
326.87 |
179.07 |
511.06 |
297.09 |
683.51 |
| |
Net
Sales / Income from Operation |
2475.74 |
1399.59 |
3883.56 |
2302.10 |
5289.32 |
| 02) |
Other
Income |
3.50 |
1.61 |
15.29 |
3.43 |
18.98 |
| 03) |
Total
Expenditure |
1799.01 |
990.95 |
2777.09 |
1702.75 |
3863.83 |
| |
a)
(Increase)/ decrease in
stock-in-trade |
5.81 |
(1.67) |
(76.14) |
(8.81) |
(134.61) |
| |
b)
Consumption of raw materials |
1460.85 |
762.72 |
2254.17 |
1268.48 |
3025.36 |
| |
c)
Staff Costs |
90.99 |
68.38 |
167.66 |
133.66 |
283.11 |
| |
d)
Other expenditure |
241.36 |
161.52 |
431.30 |
309.42 |
689.97 |
| 04) |
Interest |
52.61 |
37.35 |
95.86 |
70.81 |
150.87 |
| 05) |
Depreciation |
65.04 |
40.8 |
128.61 |
79.22 |
184.56 |
| 06) |
Profit
Before Taxation |
562.58 |
332.10 |
897.29 |
452.75 |
1109.04 |
| 07) |
Provision
for Taxation |
|
|
|
|
|
| |
Current |
186.00 |
103.10 |
296.00 |
144.50 |
337.56 |
| |
Deferred |
3.89 |
8.86 |
6.57 |
8.07 |
46.31 |
| |
Fringe Benefit Tax |
1.15 |
2.11 |
2.55 |
2.11 |
5.10 |
| 08) |
Net
Profit After Tax |
371.54 |
218.03 |
592.17 |
298.07 |
720.07 |
| 09) |
Prior
Year Tax Adjusted |
- |
- |
- |
- |
(1.56) |
| 10) |
Paid
up Equity Share Capital |
|
|
|
|
|
| |
(Face
Value of Share: Rs.10
each)
|
324.50 |
324.50 |
324.50 |
324.50 |
324.50 |
| 11) |
Reserves
excluding Revaluation
Reserves
|
- |
- |
- |
- |
1940.74 |
| 12) |
Basic
/ Diluted Earning per
Share
|
|
|
|
|
|
| |
(Rs.
for the period not annualised)
|
11.45 |
6.72 |
18.25 |
9.19 |
22.14 |
| 13) |
Aggregate
of Non-Promoters Shareholding
|
|
|
|
|
|
| |
No. of Shares
|
343576 |
328276 |
343576 |
328276 |
343576 |
| |
% of Shareholding
|
10.59 |
10.12 |
10.59 |
10.12 |
10.59 |
NOTES |
| |
| 01. |
The
Results for the Quarter
ended 30.09.2006 and the
results for 6 months ended
on that date have been
approved and taken on
record by the Board of
Directors at its Meeting
held on 31.10.2006 after
reviewed by the Audit
Committee at their Meeting
held on 31.10.2006. The
above results are subject
to limited review by Statutory
Auditors of the Company.
|
| 02. |
The
company has two business
segments, viz. Electrical
Contacts and Silver Flatware.
Since the segment revenue,
segment result and segment
assets of the segment
- ‘Silver Flatware’
is less than 1% of the
totals, the same is considered
insignificant and accordingly
no primary segment is
considered reportable.
|
| 03. |
During
the Quarter, the Company
did not receive any complaint
from the Shareholders.
There are no complaints
remaining unresolved as
at the beginning and end
of the quarter.
|
| 04. |
Previous
year figures have been
regrouped / recast wherever
necessary.
|
| |
|
| |
For
MODISON METALS LIMITED,
|
Mumbai,
31st October, 2006
|
S.
M. MODI
Director |
|
| |
| |
|
|
