| |
MODISON
METALS LIMITED
Regd. Office:- 33-Nariman Bhavan,
227-Nariman Point, Mumbai -
400021
UNAUDITED FINANCIAL
RESULTS (PROVISIONAL)
FOR THE FIRST QUARTER ENDED
30TH JUNE, 2006
|
Rs. in Lakhs
|
Sr.
No.
|
Particulars
|
For
the Quarter Ended
|
Year |
| |
|
30.06.2006 |
30.06.2005 |
Ended
|
| |
|
(Unaudited) |
(Unaudited) |
31.03.2006 |
| |
|
|
|
|
| |
Sales
/ Income from Operation |
1592.01 |
1020.53 |
5972.83
|
| |
Less:
Excise Duty |
184.19 |
118.02 |
683.51 |
| 01) |
Net
Sales / Income from Operation |
1407.82 |
902.51 |
5289.32 |
| 02) |
Other
Income |
11.79 |
1.82 |
18.98 |
| 03) |
Total
Expenditure |
978.08 |
711.80 |
3863.83 |
| |
a)
(Increase)/ decrease in
stock-in-trade |
(81.95) |
(7.14) |
(134.61) |
| |
b)
Consumption of raw materials |
793.32 |
505.76 |
3025.36 |
| |
c)
Staff Costs |
76.77 |
62.80 |
283.11
|
| |
d)
Other expenditure |
189.94 |
150.38 |
689.97
|
| 04) |
Interest |
43.25 |
33.46 |
150.87
|
| 05) |
Depreciation
/ Amortisation |
63.57 |
38.42 |
184.56
|
| 06) |
Profit
Before Taxation |
334.71 |
120.65 |
1109.04 |
| 07) |
Provision
for Taxation |
|
|
|
| |
Current |
110.00 |
41.40 |
337.56 |
| |
Deferred |
2.68 |
(0.79) |
46.31 |
| |
Fringe
Benefit Tax |
1.40 |
1.37 |
5.10 |
| 08) |
Net
Profit After Tax |
220.63 |
78.67 |
720.07 |
| 09) |
Prior
Year Tax Adjustment |
- |
- |
(1.56) |
| 10) |
Paid
up Equity Share Capital |
|
|
|
| |
(Face
Value of Share: Rs.10
each) |
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) |
6.80 |
2.42 |
22.14 |
| 13) |
Aggregate
of Non-Promoters Shareholding |
|
|
|
| |
No.
of Shares |
343576 |
328276 |
343576 |
| |
%
of Shareholding |
10.59 |
10.12 |
10.59 |
NOTES |
| |
| 01. |
The
results for the Quarter
ended 30.06.2006 have
been approved and taken
on record by the Board
of Directors at its Meeting
held on 31.07.2006. 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 / restated wherever
necessary.
|
| |
|
| |
For
MODISON METALS LIMITED,
|
| Mumbai,
31st July, 2006 |
G.
L. MODI
Managing Director |
|
| |
| |
|
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