| 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 | ||||||||
| UNAUDITED FINANCIAL RESULTS | ||||||||
| FOR THE QUARTER ENDED 30th JUNE, 2010 | ||||||||
| (Rs.in lakhs) | ||||||||
| Sl. | PARTICULARS | Quarter ended | 9 months ended | Previous Year ended | ||||
| No. | 30.06.2010 | 30.06.2009 | 31.12.2008 | 31.03.2010 | ||||
| (Unaudited) | (Unaudited) | (Unaudited) | (Audited) | |||||
| 1(a) | Net Sales / Income from Operations | 7743 | 5902 | 16032 | 26953 | |||
| (b) | Other Operating Income | 7 | 1 | 108 | 53 | |||
| (c) | Total Income | 7750 | 5903 | 16140 | 27006 | |||
| 2 | Expenditure | |||||||
| a) | (Increase) / Decrease in stock in trade | |||||||
| and work in progress | (454) | (210) | (418) | (678) | ||||
| b) | Consumption of Raw Materials | 4494 | 3179 | 9925 | 14703 | |||
| c) | Purchase of Traded Goods | 299 | 946 | 918 | 3342 | |||
| d) | Power & Fuel | 484 | 408 | 1212 | 1741 | |||
| e) | Employees Cost | 496 | 306 | 863 | 1473 | |||
| f) | Depreciation | 445 | 225 | 630 | 1166 | |||
| g) | Other Expenditure | 1266 | 622 | 1906 | 3435 | |||
| h) | Total | 7030 | 5476 | 15036 | 25182 | |||
| 3 | Profit from Operations before Other Income, Interest and exceptional Items (1-2) | 720 | 427 | 1104 | 1824 | |||
| 4 | Other Income | - | - | 584 | ||||
| 5 | Profit before Interest and Exceptional Items (3+4) | 720 | 427 | 1104 | 2408 | |||
| 6 | Interest | 536 | 236 | 703 | 1458 | |||
| 7 | Profit after interest but before Exceptional Items (5-6) | 184 | 191 | 401 | 950 | |||
| 8 | Exceptional Items | 337 | - | - | - | |||
| 9 | Profit / (Loss) from Ordinary Activities before tax | 521 | 191 | 401 | 950 | |||
| 10 | Tax expense | |||||||
| a) | Provision for taxation | 0 | 32 | 46 | 95 | |||
| b) | Deffered Tax | - | - | - | 91 | |||
| Total tax expenses | 0 | 32 | 46 | 186 | ||||
| 11 | Net Profit(+)/Loss(-) from Ordinary Activities | |||||||
| after Tax (9-10) | 521 | 159 | 355 | 764 | ||||
| 12 | Extraordinary Items ( Net of tax expense Rs. ) | - | - | - | (398) | |||
| 13 | Net Profit(+)/Loss(-) for the period (11-12) | 521 | 159 | 355 | 366 | |||
| 14 | Paid-up Equity Share Capital ( Face Value - Rs.10/-) | 1613 | 1613 | 1543 | 1613 | |||
| 15 | Reserves excluding Revaluation Reserves as per Balance sheet of previous accounting year. | - | - | - | 5478 | |||
| 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) | 3.23 | 0.98 | 2.26 | 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) | 3.23 | 0.98 | 2.26 | 2.26 | |||
| 17 | Public Shareholding | |||||||
| - No. of shares | 9816911 | 9816911 | 9817661 | 9816911 | ||||
| - Percentage of Shareholding | 60.85% | 60.85% | 63.62% | 60.85% | ||||
| 18 | Promoters and Promoter Group Shareholding | |||||||
| a) Pledged / Encumbered | ||||||||
| - Number of shares | 1300000 | 1000000 | 1300000 | |||||
| - Percentage of shares (as a % of the total shareholding of promoter and promoter group) | 20.58 | 15.83 | 20.58 | |||||
| - Percentage of shares (as a % of the total share capital of the company) | 8.06 | 6.20 | 8.06 | |||||
| b) Non - encumbered | ||||||||
| - Number of shares | 5015744 | 5315744 | 5015744 | |||||
| - Percentage of shares (as a % of the total shareholding of the Promoter and Promoter group) | 79.42 | 84.17 | 79.42 | |||||
| - Percentage of shares (as a % of the total share capital of the company) | 31.09 | 32.95 | 31.09 | |||||
| Notes: | ||||||||
| 1. The above Unaudited results were reviewed by the Audit Committee and approved by the Board | ||||||||
| of Directors at their meeting held on 07.08.2010. | ||||||||
| 2. The statutory auditors of the company have conducted a "Limited Review" of the above unaudited | ||||||||
| Financial Results. | ||||||||
| 3. The entire operations of the Company relates to one segment i.e., Textiles. | ||||||||
| 4. Tax expense and the effect of exchange variation on Foreign Currency Loans will be ascertained | ||||||||
| and provided for at the end of the year. | ||||||||
| 5. During the quarter, the Company bought back FCCBs of face value of USD 7 Mn., | ||||||||
| 6. Status of the Investor complaints as on 30.06.2010. Pending at the beginning of the Quarter - Nil, | ||||||||
| Received - 7, Disposed - 7, Lying unresolved at the end of the Quarter - Nil. | ||||||||
| 7. Previous years figures were regrouped / rearranged wherever necessary. | ||||||||
| for SURYAJYOTI SPINNING MILLS LIMITED | ||||||||
| Place: Secunderabad | R.K.AGARWAL | |||||||
| Date: 07.08.2010 | Managing Director | |||||||