|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 (PROVISIONAL) |
| FOR THE
QUARTER ENDED 31st DECEMBER, 2009 |
|
|
|
|
|
|
(Rs.in lakhs) |
|
|
|
|
|
|
|
|
|
| |
Sl.No. |
PARTICULARS |
3 Months ended |
Corresponding
3 Months ended in the previous year |
Year to date
figures for the current period ended |
Year to date
figures for the previous year ended |
Previous accounting Year ended |
| |
31.12.2009 |
31.12.2008 |
31.12.2009 |
31.12.2008 |
31.03.2009 |
| |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
| |
1(a) |
Net Sales / Income from Operations |
6812 |
5344 |
19193 |
16032 |
20952 |
| |
(b) |
Other Operating Income |
2 |
101 |
5 |
108 |
160 |
| |
(c) |
Total Income |
6814 |
5445 |
19198 |
16140 |
21112 |
| |
2 |
Expenditure |
|
|
|
|
|
| |
a) |
(Increase) / Decrease in stock in
trade |
|
|
|
|
|
| |
|
and work in progress |
(716) |
(172) |
(1269) |
(418) |
(433) |
| |
b) |
Consumption of Raw Materials |
3994 |
3328 |
10612 |
9925 |
12804 |
| |
c) |
Purchase of Traded Goods |
663 |
380 |
2695 |
918 |
1025 |
| |
d) |
Power & Fuel |
487 |
402 |
1307 |
1212 |
1630 |
| |
e) |
Employees Cost |
416 |
306 |
1039 |
863 |
1131 |
| |
f) |
Depreciation |
374 |
210 |
824 |
630 |
810 |
| |
g) |
Other Expenditure |
917 |
664 |
2143 |
1906 |
2608 |
| |
h) |
Total |
6135 |
5118 |
17351 |
15036 |
19575 |
| |
3 |
Profit from
Operations before Other Income, Interest and exceptional Items (1-2) |
679 |
327 |
1847 |
1104 |
1537 |
| |
4 |
Other Income |
- |
- |
- |
- |
- |
| |
5 |
Profit before Interest and
Exceptional Items (3+4) |
679 |
327 |
1847 |
1104 |
1537 |
| |
6 |
Interest |
476 |
223 |
998 |
703 |
910 |
| |
7 |
Profit after
interest but before Exceptional Items (5-6) |
203 |
104 |
849 |
401 |
627 |
| |
8 |
Exceptional Items |
0 |
0 |
0 |
0 |
- |
| |
9 |
Profit
before tax (7+8) |
203 |
104 |
849 |
401 |
627 |
| |
10 |
Tax expense |
|
|
|
|
|
| |
a) |
Provision for taxation |
0 |
12 |
33 |
46 |
97 |
| |
b) |
MAT credit entitlement |
- |
- |
- |
- |
(38) |
| |
c) |
Deferred Tax |
|
|
|
|
122 |
| |
d) |
Fringe Benefit Tax |
- |
5 |
- |
7 |
9 |
| |
|
Total tax expenses |
0 |
17 |
33 |
53 |
190 |
| |
11 |
Net
Profit(+)/Loss(-) from Ordinary activities after tax (9-10) |
203 |
87 |
816 |
348 |
437 |
| |
12 |
Extraordinary Item |
- |
- |
(398) |
- |
(137) |
| |
13 |
Net Profit(+)/Loss(-) for the
period (11-12) |
203 |
87 |
418 |
348 |
300 |
| |
14 |
Paid-up
Equity Share Capital ( Face Value - Rs.10/-) |
1613 |
1543 |
1613 |
1543 |
1613 |
| |
15 |
Reserves
excluding Revaluation Reserves as per
Balance sheet of previous accounting year. |
- |
- |
- |
- |
5110 |
| |
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) |
1.25 |
0.56 |
1.25 |
2.26 |
2.04 |
| |
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) |
1.25 |
0.56 |
1.25 |
2.26 |
2.04 |
| |
17 |
Public Shareholding |
|
|
|
|
|
| |
|
- No. of
shares |
9816911 |
9817661 |
9816911 |
9817661 |
9816911 |
| |
|
- Percentage
of Shareholding |
60.85% |
63.62% |
60.85% |
63.62% |
60.85% |
| |
|
|
|
|
|
|
|
| |
18 |
Promoters and Promoter Group
Shareholding |
|
|
|
|
|
| |
|
a) Pledged / Encumbered |
|
|
|
|
|
| |
|
- Number of shares |
1300000 |
N.A. |
1300000 |
N.A. |
1000000 |
| |
|
- Percentage of shares (as
a % of the total shareholding of promoter and promoter group) |
20.58 |
N.A. |
20.58 |
N.A. |
15.83 |
| |
|
- Percentage of
shares (as a % of the total share capital of the company) |
8.06 |
N.A. |
8.06 |
N.A. |
6.20 |
| |
|
|
|
|
|
|
|
| |
|
b) Non - encumbered |
|
|
|
|
|
| |
|
- Number of shares |
5015744 |
N.A. |
5015744 |
N.A. |
5315744 |
| |
|
- Percentage of shares (as a % of the total
shareholding of the Promoter and Promoter group) |
79.42 |
N.A. |
79.42 |
N.A. |
84.17 |
| |
|
- Percentage of shares (as a % of the
total share capital of the company) |
31.09 |
N.A. |
31.09 |
N.A. |
32.95 |
|
|
|
|
|
|
|
|
|
Segment wise Revenue, results and Capital
Employed |
|
|
|
|
|
|
(Rs.in Lakhs) |
|
Sl.No. |
Particulars |
Quarter Ended
31.12.2009 |
Quarter
Ended 31.12.2008 |
9 Months
ended 31.12.2009 |
9 Months
ended 31.12.2008 |
Year ended
31.03.2009 |
|
Unaudited |
Audited |
|
|
|
|
|
|
|
|
|
1 |
Segment Reveue |
|
|
|
|
|
|
a) |
Spinning |
5852 |
5344 |
18233 |
16032 |
20952 |
|
b) |
Fabric |
960 |
|
960 |
|
|
|
|
TOTAL |
6812 |
5344 |
19193 |
16032 |
20952 |
|
|
Less: Inter Segment Revenue |
|
|
|
|
|
|
|
Net Sales/Income from Operations |
6812 |
5344 |
19193 |
16032 |
20952 |
|
2 |
Segment Results |
|
|
|
|
|
|
|
(Profit(+)/Loss(-)
before tax and interest from each segment) |
|
|
|
|
|
|
a) |
Spinning |
664 |
327 |
1434 |
1104 |
1537 |
|
b) |
Fabric |
15 |
|
15 |
|
|
|
|
TOTAL |
679 |
327 |
1449 |
1104 |
1537 |
|
Less: |
(i) Interest |
476 |
223 |
998 |
703 |
910 |
|
|
(ii) Other un-allocable
expenditure |
|
|
|
|
|
|
|
net off un-allocable income |
|
|
|
|
|
|
|
Total Profit/
(Loss) Before Tax |
203 |
104 |
451 |
401 |
627 |
|
3 |
Capital
Employed |
|
|
|
|
|
|
|
(Segment Assets - Segment
Liabilities) |
|
|
|
|
|
|
a) |
Spinning |
5431 |
7075 |
5431 |
7075 |
6724 |
|
b) |
Fabric |
1712 |
|
1712 |
|
|
|
|
TOTAL |
7143 |
7075 |
7143 |
7075 |
6724 |
|
|
|
|
|
|
|
|
|
NOTES : |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. |
The above results were reviewed by the Audit
Committee and were approved by the Board of Directors at their meeting |
|
|
held on 30.01.2010. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2. |
Statutory Auditors have conducted Limited Review
of the above results. |
|
|
|
|
|
|
|
|
|
|
|
|
3. |
Status of the Investor complaints as on
31.12.2009. Pending at the beginning
of the Quarter - Nil, Received - 5, |
|
|
|
Disposed - 5, lying unresolved at the end of the
Quarter - Nil. |
|
|
|
|
|
|
|
|
|
|
|
|
|
4. |
The Company's Weaving and Processing unit set up
at Kucherkal started commercial production on 01.10.2009. |
|
|
|
|
|
|
|
|
|
|
5. |
Effect of Foreign Exchange fluctuations as per
AS-11 will be considered at the year end. |
|
|
|
|
|
|
|
|
|
|
|
6. |
Tax expenses will be considered and provided for
at the end of the year. |
|
|
|
|
|
|
|
|
|
|
|
|
7. |
Previous years figures were regrouped /
rearranged wherever necessary. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By Order of the Board |
|
|
|
|
|
for SURYAJYOTI SPINNING MILLS LIMITED |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Place: Secunderabad |
R.K.AGARWAL |
|
|
|
|
Date: 30.01.2010 |
Managing Director |
|
|
|
|
|
|
|
|
|
|