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SURYAJYOTI SPINNING MILLS LIMITED |
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Regd.Office :
Burgul Village, Farooqnagar
Mandal, Mahabubnagar District.
A.P. |
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Corp.Office :
Surya Towers, 7th Floor, 105, Sardar Patel Road, Secunderabad - 500
003 |
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AUDITED FINANCIAL RESULTS |
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FOR THE YEAR ENDED 31st MARCH 2011 |
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(Rs. in Lakhs) |
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Sl. |
PARTICULARS |
Quarter ended |
9 months ended |
Year ended |
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No. |
31.03.2011 |
31.03.2010 |
31.12.2010 |
31.03.2011 |
31.03.2010 |
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(Audited) |
(Unaudited) |
(Audited) |
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1(a) |
Net Sales / Income from
Operations |
12834 |
7760 |
26592 |
39426 |
26953 |
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(b) |
Other Operating Income |
73 |
48 |
9 |
82 |
53 |
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(c) |
Total Income |
12907 |
7808 |
26601 |
39508 |
27006 |
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2 |
Expenditure |
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a) |
(Increase) / Decrease in stock
in trade |
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and work in
progress |
(528) |
591 |
(1299) |
(1827) |
(678) |
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b) |
Consumption of Raw Materials |
7512 |
4091 |
15820 |
23332 |
14703 |
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c) |
Purchase of Traded Goods |
1740 |
647 |
497 |
2237 |
3342 |
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d) |
Power & Fuel |
547 |
434 |
1674 |
2221 |
1741 |
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e) |
Employees Cost |
507 |
434 |
1563 |
2070 |
1473 |
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f) |
Depreciation |
509 |
342 |
1375 |
1884 |
1166 |
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g) |
Other Expenditure |
1557 |
1292 |
3927 |
5484 |
3435 |
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h) |
Total |
11844 |
7831 |
23557 |
35401 |
25182 |
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3 |
Profit
from Operations before Other Income, Interest and exceptional Items (1-2) |
1063 |
(23) |
3044 |
4107 |
1824 |
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4 |
Other Income |
- |
584 |
-
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- |
584 |
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5 |
Profit before Interest and
Exceptional Items (3+4) |
1063 |
561 |
3044 |
4107 |
2408 |
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6 |
Interest |
645 |
460 |
1727 |
2372 |
1458 |
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7 |
Profit
after interest but before Exceptional Items (5-6) |
418 |
101 |
1317 |
1735 |
950 |
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8 |
Exceptional Items |
161 |
- |
337 |
498 |
- |
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9 |
Profit /
(Loss) from Ordinary Activities before tax |
579 |
101 |
1654 |
2233 |
950 |
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10 |
Tax expense |
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a) |
Provision for taxation |
0 |
0 |
0 |
475 |
95 |
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b) |
Deffered Tax |
- |
- |
0 |
175 |
91 |
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Total tax expenses |
0 |
0 |
0 |
650 |
186 |
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11 |
Net Profit(+)/Loss(-) from
Ordinary Activities |
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after Tax (9-10) |
579 |
101 |
1654 |
1583 |
764 |
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12 |
Extraordinary Items ( Net of tax
expense Rs. ) |
- |
- |
-
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(398) |
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13 |
Net Profit(+)/Loss(-) for the
period (11-12) |
579 |
101 |
1654 |
1583 |
366 |
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14 |
Paid-up
Equity Share Capital ( Face Value - Rs.10/-) |
1849 |
1613 |
1613 |
1849 |
1613 |
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15 |
Reserves
excluding Revaluation Reserves as per
Balance sheet of previous accounting year. |
- |
0 |
-
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8150 |
5475 |
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16 |
Earnings
per share (EPS) |
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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 |
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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 |
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17 |
Public
Shareholding |
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- No. of
shares |
11222035 |
9816911 |
######## |
11222035 |
9816911 |
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Percentage of Shareholding |
60.71% |
60.85% |
64.47% |
60.71% |
60.85% |
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18 |
Promoters and
Promoter Group Shareholding |
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a) Pledged / Encumbered |
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- Number of shares |
1000000 |
1300000 |
1000000 |
1000000 |
1300000 |
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Percentage of shares (as a % of the total
shareholding of promoter and promoter group) |
13.77 |
20.58 |
17.45 |
13.77 |
20.58 |
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Percentage of shares (as a % of the total share
capital of the company) |
5.41 |
8.06 |
6.20 |
5.41 |
8.06 |
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b) Non - encumbered |
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- Number of shares |
6264129 |
5015744 |
4731565 |
6264129 |
5015744 |
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- 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 |
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- Percentage of shares (as a % of the
total share
capital of the company) |
33.89 |
31.09 |
29.33 |
33.89 |
31.09 |
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Notes: |
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1. The
above Audited results were reviewed by the Audit Committee and approved by
the Board of Directors at their |
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meeting held
on 30.05.2011. |
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2. The
entire operations of the Company relates to one segment i.e., Textiles. |
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3.
Income Tax & Deferred Tax liability provided for in the annual
figures. |
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4.
Status of the Investor complaints as on 31.03.2011. Pending at the beginning of the Quarter -
Nil, Received - 10, |
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Disposed - 10, lying unresolved at the end of the Quarter - Nil. |
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5.
During the quarter, the Company has Converted Foreign Currency
Convertible Bonds of USD 500,000 into 5,23,509 |
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equity shares of Rs.10 each at a premium of Rs. 32.11 per share. |
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During the quarter, the Company has also allotted 18,30,000 equity
shares of Rs.10/- each at a premium of Rs.21/- |
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per
share on conversion of equal number of warrants and allotted 5,64,250
Cumulative Redeemable Preference |
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Shares of Rs. 100 each, to the Promoters / Promoter Group. |
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6.
Previous years figures were regrouped / rearranged wherever necessary. |
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for SURYAJYOTI SPINNING MILLS LIMITED |
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Place: Secunderabad |
A.K.AGARWAL |
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Date: 30.05.2011 |
Executive Director |
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