| |
MODISON METALS LIMITED
Regd. Office:- 33-Nariman
Bhavan, 227-Nariman Point,
Mumbai - 400021
UNAUDITED FINANCIAL
RESULTS (PROVISIONAL)
FOR THE QUARTER ENDED 31st
DEC. 2006
|
Rs. in Lakhs |
Sr.
No.
|
Particulars
|
(Unaudited)
|
|
(Audited) |
| |
|
3 Months
Ended
|
3 Months
Ended
|
9 Months
Ended
|
9 Months
Ended
|
Year
Ended |
| |
|
31.12.2006 |
31.12.2005 |
31.12.2006 |
31.12.2005 |
31.03.2006 |
| |
|
|
|
|
|
|
| 01) |
Sales: Gross |
2068.73 |
1630.04 |
6463.35 |
4229.23 |
5972.83
|
| |
Excise
Duty |
231.85 |
190.21 |
742.91 |
487.3 |
683.51 |
| |
Net Sales / Income from Operation |
1836.88 |
1439.83 |
5720.44 |
3741.93 |
5289.32 |
| 02) |
Other Income |
4.46 |
2.79 |
19.75 |
6.22 |
18.98 |
| 03) |
Total Expenditure |
1531.9 |
1088.53 |
4308.99 |
2791.28 |
3863.83 |
| |
a) (Increase)/ decrease in stock-in-trade |
49.63 |
(4.98) |
(26.51) |
(13.79) |
(134.61) |
| |
b) Consumption of raw materials |
1094.97 |
851.65 |
3349.14 |
2120.13 |
3025.36 |
| |
c) Purchase for resale |
77.62 |
-
|
77.62 |
-
|
-
|
| |
d) Staff Costs |
90.29 |
72.56 |
258.05 |
199.29 |
283.11 |
| |
d) Other expenditure |
219.39 |
169.3 |
650.69 |
485.65 |
689.97 |
| 04) |
Interest |
55.17 |
41.72 |
151.03 |
112.53 |
150.87 |
| 05) |
Depreciation |
66.74 |
43.13 |
195.35 |
122.35 |
184.56 |
| 06) |
Profit Before Taxation |
187.53 |
269.24 |
1084.82 |
721.99 |
1109.04 |
| 07) |
Provision for Taxation |
|
|
|
|
|
| |
Current |
60.50 |
80.50 |
356.50 |
225.00 |
337.56 |
| |
Deferred |
2.46 |
9.87 |
9.03 |
17.94 |
46.31 |
| |
Fringe
Benefit Tax |
1.90 |
1.61 |
4.45 |
3.72 |
5.10 |
| 08) |
Net Profit |
122.67 |
177.26 |
714.84 |
475.33 |
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)
|
3.78 |
5.46 |
22.03 |
14.65 |
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 31.12.2006 and
the results for 9
months ended on that
date have been approved
and taken on record
by the Board of Directors
at its Meeting held
on 30.01.2007 after
reviewed by the Audit
Committee at their
Meeting held on 30.01.2007.
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 number
of Investors' complaints:
Opening : Nil, Received
: 2, Disposed: 2 and
Pending: Nil.
|
| 04. |
Previous year figures have
been regrouped / recast
wherever necessary.
|
| |
|
| |
For MODISON METALS
LIMITED,
|
Mumbai, 30th January,
2007
|
G. L. MODI
Managing Director
|
|
| |
| |
|
|
