| 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 SEPTEMBER, 2009 | |||||||||
| (Rs. in lakhs) | |||||||||
| Sl. | PARTICULARS | 3 Months Ended | Corresponding 3 Months ended in the previous year | Year to date figures for current period ended | Year to date figures for the previous year ended | 9 months ended | Previous accounting Year ended | ||
| No. | 30.09.2009 | 30.09.2008 | 30.09.2009 | 30.09.2008 | 31.12.2008 | 31.03.2009 | |||
| (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) | ||||
| 1(a) | Net Sales / Income from Operations | 6479 | 5381 | 12381 | 10670 | 16032 | 20952 | ||
| (b) | Other Operating Income | 2 | 1 | 3 | 7 | 108 | 160 | ||
| (c) | Total Income | 6481 | 5382 | 12384 | 10677 | 16140 | 21112 | ||
| 2 | Expenditure | ||||||||
| a) | (Increase) / Decrease in stock in trade | ||||||||
| and work in progress | (343) | (96) | (553) | (246) | (418) | (433) | |||
| b) | Consumption of Raw Materials | 3439 | 3420 | 6618 | 6597 | 9925 | 12804 | ||
| c) | Purchase of Traded Goods | 1086 | 186 | 2032 | 538 | 918 | 1025 | ||
| d) | Power & Fuel | 412 | 398 | 820 | 810 | 1212 | 1630 | ||
| e) | Employees Cost | 317 | 283 | 623 | 557 | 863 | 1131 | ||
| f) | Depreciation | 225 | 210 | 450 | 420 | 630 | 810 | ||
| g) | Other Expenditure | 618 | 598 | 1227 | 1201 | 1906 | 2608 | ||
| h) | Total | 5754 | 4999 | 11217 | 9877 | 15036 | 19575 | ||
| 3 | Profit from Operations, Other Income, Interest and exceptional Items (1-2) | 727 | 383 | 1167 | 800 | 1104 | 1537 | ||
| 4 | Other Income | - | - | - | - | - | - | ||
| 5 | Profit before Interest and Exceptional Items | 727 | 383 | 1167 | 800 | 1104 | 1537 | ||
| 6 | Interest | 286 | 241 | 522 | 480 | 703 | 910 | ||
| 7 | Profit after interest but before Exceptional Items | 441 | 142 | 645 | 320 | 401 | 627 | ||
| 8 | Exceptional Items | - | - | - | - | - | - | ||
| 9 | Profit before tax | 441 | 142 | 645 | 320 | 401 | 627 | ||
| 10 | Tax expense | ||||||||
| a) | Provision for taxation | - | 14 | 32 | 34 | 46 | 97 | ||
| b) | MAT credit entitlement | - | - | - | - | - | (38) | ||
| c) | Deffered Tax | - | - | - | - | - | 122 | ||
| d) | Fringe Benefit Tax | - | 3 | - | 6 | 7 | 9 | ||
| Total tax expenses | 0 | 17 | 32 | 40 | 53 | 190 | |||
| 11 | Net Profit from Ordinary Activities after Tax | 441 | 125 | 613 | 280 | 348 | 437 | ||
| 12 | Extraordinary Item | (384) | (21) | (398) | (23) | (137) | |||
| 13 | Net Profit(+)/Loss(-) for the period (11-12) | 57 | 104 | 215 | 257 | 348 | 300 | ||
| 14 | Paid-up Equity Share Capital ( Face Value - Rs.10/-) | 1613 | 1413 | 1613 | 1413 | 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) | 0.35 | 0.73 | 1.33 | 1.82 | 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) | 0.35 | 0.73 | 1.33 | 1.82 | 2.26 | 2.04 | ||
| 17 | Public Shareholding | ||||||||
| - No. of shares | 9816911 | 8562796 | 9816911 | 8562796 | 9817661 | 9816911 | |||
| - Percentage of Shareholding | 60.85% | 60.59% | 60.85% | 60.59% | 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 | ||||
| Notes: | |||||||||
| 1. The entire operations of the Company relates to one segment i.e., yarn. | |||||||||
| 2. The Extraordinary Item in Sl. No.12 represents loss incurred on Derivatives. No Derivative Contracts are pending as on date. | |||||||||
| 3. Status of the Investor complaints as on 30.09.2009. Pending at the beginning of the Quarter - Nil, Received - 6, | |||||||||
| Disposed - 6, Lying unresolved at the end of the Quarter - Nil. | |||||||||
| 4. Previous years figures were regrouped / rearranged wherever necessary. | |||||||||
| 5. The Company has started commercial production at its weaving and processing unit on 01.10.2009. | |||||||||
| 6. Effect of foreign Exchange fluctuations as per AS-11 will be considered at the year end. | |||||||||
| 7. Tax expenses will be considered and provided for at the end of the year. | |||||||||
| 8. The above results were reviewed by the Audit Committee and were approved by the Board of Directors at their meeting | |||||||||
| held on 31.10.2009. | |||||||||
| 9. The Statutory Auditors of the company have conducted a "Limited Review" of the above Unaudited Financial Results. | |||||||||
| for SURYAJYOTI SPINNING MILLS LIMITED | |||||||||
| Place: Secunderabad | R.K.AGARWAL | ||||||||
| Date: 31.10.2009 | Managing Director | ||||||||