SURYAJYOTI SPINNING  MILLS LIMITED
Regd.Office :  Burgul Village, Farooqnagar  Mandal, Mahabubnagar District.  A.P.
Corp.Office :  Surya Towers, 7th Floor, 105, Sardar Patel Road, Secunderabad - 500 003
AUDITED FINANCIAL RESULTS 
FOR THE YEAR ENDED 31st  MARCH 2011
(Rs. in Lakhs)
             
  Sl. PARTICULARS Quarter ended 9 months ended Year ended
  No. 31.03.2011 31.03.2010 31.12.2010 31.03.2011 31.03.2010
    (Audited) (Unaudited) (Audited)
               
  1(a) Net Sales / Income from Operations 12834 7760 26592 39426 26953
    (b) Other Operating Income 73 48 9 82 53
    (c) Total Income  12907 7808 26601 39508 27006
  2 Expenditure          
  a) (Increase) / Decrease in stock in trade          
      and work in progress (528) 591 (1299) (1827) (678)
  b) Consumption of Raw Materials 7512 4091 15820 23332 14703
  c) Purchase of Traded Goods 1740 647 497 2237 3342
  d) Power & Fuel 547 434 1674 2221 1741
  e) Employees Cost 507 434 1563 2070 1473
  f) Depreciation 509 342 1375 1884 1166
  g) Other Expenditure 1557 1292 3927 5484 3435
  h) Total 11844 7831 23557 35401 25182
  3 Profit from Operations before Other Income, Interest and exceptional Items (1-2) 1063 (23) 3044 4107 1824
  4 Other Income               -   584           -                  -   584
  5 Profit before Interest and Exceptional Items (3+4) 1063 561 3044 4107 2408
  6 Interest 645 460 1727 2372 1458
  7 Profit after interest but before Exceptional Items (5-6) 418 101 1317 1735 950
  8 Exceptional Items 161                     -   337 498                  -  
  9 Profit / (Loss) from Ordinary Activities before tax  579 101 1654 2233 950
  10 Tax expense          
  a) Provision for taxation 0 0 0 475 95
  b) Deffered Tax               -                       -   0 175 91
    Total tax expenses 0 0 0 650 186
  11 Net Profit(+)/Loss(-) from Ordinary Activities        
     after Tax (9-10) 579 101 1654 1583 764
  12 Extraordinary Items ( Net of tax expense Rs.    )               -                       -             -                  -   (398)
  13 Net Profit(+)/Loss(-) for the period (11-12)  579 101 1654 1583 366
  14 Paid-up Equity Share Capital ( Face Value - Rs.10/-) 1849 1613 1613 1849 1613
  15 Reserves excluding Revaluation Reserves as per  Balance sheet of previous accounting year.               -   0           -   8150 5475
  16 Earnings per share (EPS)          
  a) Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) 3.47 0.63 10.24 9.73 2.26
  b) Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) 3.47 0.63 10.24 9.73 2.26
  17 Public Shareholding          
    - No. of shares 11222035 9816911 ######## 11222035 9816911
    - Percentage of Shareholding 60.71% 60.85% 64.47% 60.71% 60.85%
18 Promoters and Promoter Group Shareholding            
  a) Pledged / Encumbered          
  -   Number of shares 1000000 1300000 1000000 1000000 1300000
  -  Percentage of shares (as a % of the total
shareholding of promoter and promoter group)
13.77 20.58 17.45 13.77 20.58
  -   Percentage of shares (as a % of the total share
capital of the company)
5.41 8.06 6.20 5.41 8.06
             
   b) Non - encumbered          
   - Number of shares 6264129 5015744 4731565 6264129 5015744
   - Percentage of shares (as a % of the total
shareholding of the Promoter and Promoter group)
86.23 79.42 82.55 86.23 79.42
   -   Percentage of shares (as a % of the total share
capital of the company)
33.89 31.09 29.33 33.89 31.09
       
Notes:
1.  The above Audited results were reviewed by the Audit Committee and approved by the Board of Directors at their
     meeting held on 30.05.2011.
2.  The entire operations of the Company relates to one segment i.e., Textiles.
3.  Income Tax & Deferred Tax liability provided for in the annual figures.
4.  Status of the Investor complaints as on 31.03.2011.  Pending at the beginning of the Quarter - Nil, Received - 10,
     Disposed - 10, lying unresolved at the end of the Quarter - Nil.
5.  During the quarter, the Company has Converted Foreign Currency Convertible Bonds of USD 500,000 into 5,23,509 
     equity shares of Rs.10 each at a premium of Rs. 32.11 per share.
     During the quarter, the Company has also allotted 18,30,000 equity shares of Rs.10/- each at a premium of Rs.21/-
     per share on conversion of equal number of warrants and allotted 5,64,250 Cumulative Redeemable Preference
     Shares of Rs. 100 each, to the Promoters / Promoter Group.
6.  Previous years figures were regrouped / rearranged wherever necessary.
for SURYAJYOTI SPINNING MILLS LIMITED
Place: Secunderabad A.K.AGARWAL
Date:   30.05.2011 Executive Director






SUMMARY OF ASSETS & LIABILITIES AS AT 
(Rs. in lakhs)
Particulars 31.03.2011   31.03.2010
Audited   Audited
SHAREHOLDERS FUND:      
(a) Capital 2414.46   1614.86
(b) Share Warrant Application Money 0.00                             -  
(b) Share Application Money 346.47                             -  
(c) Reserves and Surplus 8149.60   5475.34
LOAN FUNDS 29176.33   25719.19
DEFERRED TAX 1052.70   877.38
TOTAL 41139.56   33686.77
       
FIXED ASSETS 25953.03   27306.91
INVESTMENTS 520.82   20.82
CURRENT ASSETS, LOANS AND ADVANCES      
(a) Inventories 8862.11   4920.77
(b) Sundry Debtors 4972.55   2710.45
(c) Cash and Bank balances 890.77   193.72
(d) Other current assets 4299.46   3429.08
(e) Loans and Advances 39.91   35.72
Less: Current Liabilities and Provisions       
(a) Liabilities (3924.09)   (4309.55)
(b) Provisions (475.00)   (621.15)
MISCELLANEOUS EXPENDITURE (NOT WRITTEN OFF OR ADJUSTED) 0.00   0.00
PROFIT AND LOSS ACCOUNT      
TOTAL 41139.56   33686.77