Pricol Limited Regd. Office: 702 / 7  Avanashi Road, Coimbatore - 641 037 Unaudited Financial Results for the Quarter Ended 30th June 2009                                                                                                                                  (Rs. in Lakhs)
Particulars	For the Three Months Ended		For the Year ended
	30.06.2009	30.06.2008	31.03.2009
	Unaudited	Unaudited	Audited
(a) Net Sales/ Income from operations	16417.73	16374.07	61407.66
(b)  Other Income	43.30	66.45	223.45
(c) Total Income (a+b)	16461.03	16440.52	61631.11
d) Expenditure
(1) (Increase) / Decrease in Stock in Trade	419.34	(25.31)	921.00
(2) (Increase) / Decrease  in Work in Progress	(26.28)	381.05	579.22
(3) Consumption of  Raw  Materials & Components	10895.94	10002.54	40164.62
(4) Employees Cost	2069.33	2340.02	8643.95
(5)Depreciation	895.02	857.71	3649.11
(6) Other Expenditure	1534.69	2237.49	7418.40
(7) Cost of In-house manufactured  Machines & Tools Capitalised	(184.13)	(338.50)	(1195.92)
Total Expenditure	15603.91	15455.00	60180.38
(e) Profit / (Loss) from Operations before Other Income, Interest & Exceptional Items [ c - d ]	857.12	985.52	1450.73
(f) Other Income	11.22	37.44	156.82
(g) Profit / (Loss) before Interest and Exceptional items [ e + f ]	868.34	1022.96	1607.55
(h) Interest	893.50	779.86	3955.05
(i) Profit / (Loss) after Interest but before Exceptional items [ g - h ]	(25.16)	243.10	(2347.50)
(j) Exceptional Items - Exchange Fluctuation Gain / (Loss)	(548.67)	(571.06)	(1480.53)
(k) Profit / (Loss) from Ordinary Activities before Tax [ i + j ]	(573.83)	(327.96)	(3828.03)
(l)Provision for:
Current Taxation	-	-	-
Fringe Benefit      Tax	-	13.20	66.00
Deferred Tax	(42.50)	(60.00)	(670.00)
Tax Provision for earlier years no longer required written back	-	-	(221.56)
(m) Net Profit / (Loss) from Ordinary Activities After Tax (k - l)	(531.33)	(281.16)	(3002.47)
(n)  Paid-up-Equity Share Capital (Face Value of Re. 1/- each)	900.00	900.00	900.00
(o) Reserves excluding revaluation reserves of previous accounting year			17785.44
(p) Basic and diluted Earnings Per Share  (Rs.) (not annualised) [m/n]	(0.59)	(0.31)	(3.34)
(q)  Public share holding  : Number of Shares	57,756,535	57,756,535	57,756,535
Percentage of share holding	64.17	64.17	64.17
(r)  Promoters and Promoter group share holding
a) Pledged / Encumbered
- Number of Shares	25,000	NA	25,000
- Percentage of shares (as a % of the total shareholding of promoter and promotor group)	0.08	NA	0.08
- Percentage of shares (as a% of the total share capital of the company)	0.03	NA	0.03
b) Non-encumbered
- Number of Shares	32,218,465	NA	32,218,465
- Percentage of shares (as a% of the total shareholding of promoter  and promotor group)	99.92	NA	99.92
- Percentage of shares (as a % of the total share capital of the company)	35.80	NA	35.80
Notes:
1. Previous Period's figures have been regrouped wherever necessary to conform to the current period's classification.
2. The Company's Operations mainly relate to One Segment, Automotive Components .
3. The loss of market share due to illegal strike in the year 2007 has not been regained.
4. Increase in Imported Raw Material & Components prices due to adverse exchange rate fluctuation has affected the profits for the quarter ended 30th June, 2009.
5. Investors' Complaints : Pending as at the beginning  of the quarter - Nil,  Received  during the quarter- 4,  Disposed off during the quarter - 3, Pending at the end of the quarter - 1 (since resolved).
6. The above results have been reviewed by the Audit Committee and taken on record by the Board at its meeting held on 31st July, 2009.  The statutory auditors have carried out a "Limited Review" of the above financial results.
7. Considering the proposals made in the Finance Bill (2) 2009, no provision towards  Fringe Benefit Tax has been made during the quarter.
8.  Exchange Fluctuation Loss for the Quarter ended 30th June, 2009 represents Rs. 265.77 lakhs consequent  to re-statement of foreign currency loans and export receivables as per Accounting Standard 11 and Rs. 282.90 lakhs consequent to actual settlements.
Coimbatore 31st July, 2009   By Order of the Board VIJAY MOHAN Chairman & Managing Director