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