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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) |
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Particulars |
For the Three Months Ended |
For the Year ended
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30.06.2010 |
30.06.2009 |
31.03.2010 |
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Unaudited |
Unaudited |
Audited |
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(a) Net Sales/ Income from operations |
18998.50 |
16417.73 |
74239.24 |
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(b) Other Operating Income |
50.63 |
43.30 |
177.61 |
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(c) Total Income (a+b) |
19049.13 |
16461.03 |
74416.85 |
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(d) Expenditure
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(1) (Increase) / Decrease in Stock in Trade |
(210.01) |
419.34 |
505.59 |
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(2) (Increase) / Decrease in Work in Progress
|
(242.83) |
(26.28) |
(57.79) |
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(3) Consumption of Raw Materials & Components |
12614.05 |
10895.94 |
48417.96 |
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(4) Employees Cost |
2529.60 |
2069.33 |
9099.10 |
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(5) Depreciation |
863.69 |
895.02 |
3517.83 |
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(6) Exchange Fluctuation (Gain) / Loss |
151.87
|
548.67 |
990.81 |
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(7) Other Expenditure |
1871.92 |
1532.12 |
6819.94 |
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(8) Cost of In-house manufactured Machines & Tools Capitalised |
(127.68) |
(184.13) |
(631.49) |
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Total Expenditure |
17450.61 |
16150.01 |
68661.95 |
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(e) Profit / (Loss) from Operations before Other Income, Interest & Exceptional Items [ c - d ] |
1598.52 |
311.02 |
5754.90 |
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(f) Other Income |
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(1) Profit/(Loss) on Sale of Assets |
166.88 |
(2.57) |
62.98 |
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(2) Others |
18.95 |
11.22 |
92.38 |
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(g) Profit / (Loss) before Interest and Exceptional items [ e + f ] |
1784.35 |
319.67 |
5910.26 |
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(h) Interest |
678.15 |
893.50 |
3164.52 |
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(i) Profit / (Loss) after Interest but before Exceptional items [ g - h ] |
1106.20 |
(573.83) |
2745.74 |
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(j) Exceptional Items |
- |
- |
- |
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(k) Profit / (Loss) from Ordinary Activities before Tax [ i + j ] |
1106.20 |
(573.83) |
2745.74 |
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(l)Provision for: |
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Current Taxation |
220.47 |
- |
467.71 |
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Deferred Tax |
(45.00) |
(42.50) |
(270.00) |
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(m) Net Profit / (Loss) from Ordinary Activities After Tax (k - l) |
930.73 |
(531.33) |
2548.03 |
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(n) Extraordinary Item (Net of Tax Expense) |
- |
- |
- |
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(o) Net Profit / (Loss) for the period [ m - n] |
930.73 |
(531.33) |
2548.03 |
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(p) Paid-up-Equity Share Capital (Face Value of Re. 1/- each) |
900.00 |
900.00 |
900.00 |
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(q) Reserves excluding revaluation reserves of previous accounting year |
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|
16911.21 |
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(r) Basic and diluted Earnings Per Share (Rs.) (not annualised) [o/p] |
1.03 |
(0.59) |
2.83 |
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(s) Public share holding : Number of Shares |
57,756,535 |
57,756,535 |
57,756,535 |
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Percentage of share holding |
64.17 |
64.17 |
64.17 |
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(t) Promoters and Promoter group share holding |
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a) Pledged / Encumbered |
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- Number of Shares |
25,000 |
25,000 |
25,000 |
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- Percentage of shares (as a % of the total shareholding of promoter and promotor group) |
0.08 |
0.08 |
0.08 |
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- Percentage of shares (as a% of the total share capital of the company) |
0.03 |
0.03 |
0.03 |
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b) Non-encumbered |
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|
|
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- Number of Shares |
32,218,465 |
32,218,465 |
32,218,465 |
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- Percentage of shares (as a% of the total shareholding of promoter and promoter group) |
99.92 |
99.92 |
99.92 |
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- Percentage of shares (as a % of the total share capital of the company) |
35.80 |
35.80 |
35.80 |
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Notes: |
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1. Previous Period's figures have been regrouped wherever necessary to conform to the current period's classification. |
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2. The Company's Operations relate to one primary segment, Automotive Components. |
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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. |
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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 |
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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. |
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Coimbatore 24th July, 2010 |
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By Order of the Board |
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VIJAY MOHAN |
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Chairman & Managing Director | | |