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Pricol Limited
Regd. Office: 702 / 7  Avanashi Road, Coimbatore - 641 037
Unaudited Financial Results for the Quarter Ended 30th June 2010
                                                                                                                     (Rs. in Lakhs)

Particulars

For the
Three Months Ended


For the Year ended

30.06.2010

30.06.2009

31.03.2010

Unaudited

Unaudited

Audited

(a) Net Sales/ Income from operations

18998.50

16417.73

74239.24

(b)  Other Operating Income

50.63

43.30

177.61

(c) Total Income (a+b)

19049.13

16461.03

74416.85

(d) Expenditure

 

(1) (Increase) / Decrease in Stock in Trade

               (210.01)

419.34

505.59

(2) (Increase) / Decrease  in Work in Progress

 

               (242.83)

                 (26.28)

                    (57.79)

(3) Consumption of  Raw  Materials & Components

12614.05

10895.94

48417.96

(4) Employees Cost

2529.60

2069.33

9099.10

(5) Depreciation

863.69

895.02

3517.83

(6) Exchange Fluctuation (Gain) / Loss

151.87

548.67

990.81

(7) Other Expenditure

1871.92

1532.12

6819.94

(8) Cost of In-house manufactured  Machines & Tools Capitalised

               (127.68)

               (184.13)

(631.49)

Total Expenditure

17450.61

16150.01

68661.95

(e) Profit / (Loss) from Operations before Other Income, Interest & Exceptional Items [ c - d ]

1598.52

311.02

5754.90

(f) Other Income

(1)   Profit/(Loss) on Sale of Assets

166.88

                   (2.57)

62.98

(2)   Others

18.95

11.22

92.38

(g) Profit / (Loss) before Interest and Exceptional items [ e + f ]

1784.35

319.67

5910.26

(h) Interest

678.15

893.50

3164.52

(i) Profit / (Loss) after Interest but before Exceptional items [ g - h ]

1106.20

               (573.83)

2745.74

(j) Exceptional Items

                      -  

                       -  

                          -  

(k) Profit / (Loss) from Ordinary Activities before Tax [ i + j ]

1106.20

               (573.83)

2745.74

(l)Provision for:

     Current Taxation

220.47

                       -  

467.71

     Deferred Tax

                (45.00)

                 (42.50)

                  (270.00)

(m) Net Profit / (Loss) from Ordinary Activities After Tax (k - l)

930.73

               (531.33)

2548.03

(n) Extraordinary Item (Net of Tax Expense)

                      -  

                       -  

                          -  

(o) Net Profit / (Loss) for the period [ m - n]

930.73

               (531.33)

2548.03

(p)  Paid-up-Equity Share Capital (Face Value of Re. 1/- each)

900.00

900.00

900.00

(q) Reserves excluding revaluation reserves of previous accounting year

 

 

16911.21

(r) Basic and diluted Earnings Per Share  (Rs.) (not annualised) [o/p]

1.03

                   (0.59)

2.83

(s)  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

(t)  Promoters and Promoter group share holding

      a) Pledged / Encumbered

       - Number of Shares

25,000

25,000

25,000

       - Percentage of shares (as a % of the total shareholding of promoter and promotor group)

0.08

0.08

0.08

       - Percentage of shares (as a% of the total share capital of the company)

0.03

0.03

0.03

     b) Non-encumbered

       - Number of Shares

32,218,465

32,218,465

32,218,465

       - Percentage of shares (as a% of the total shareholding of promoter  and promoter group)

99.92

99.92

99.92

      - Percentage of shares (as a % of the total share capital of the company)

35.80

35.80

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 relate to one primary segment, Automotive Components.              

3. Investors' Complaints : Pending as at the beginning  of the quarter - Nil,  Received  during the quarter - 1,  Disposed off during the quarter - 1, Pending at the end of the quarter - Nil.               

4. The above results have been reviewed by the Audit Committee and taken on record by the Board at its meeting held on 24th July, 2010, which is subject to "Limited Review" by statutory auditors

     5. Exchange Fluctuation Loss for the Quarter ended 30th June, 2010 represents Rs. 67.95 lakhs consequent to re-statement of foreign currency loans and export receivables as per Accounting Standard 11 and Rs. 83.92 lakhs consequent to actual settlements. 

Coimbatore
24th July, 2010

 

By Order of the Board

VIJAY MOHAN

Chairman & Managing Director