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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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| UNAUDITED
FINANCIAL RESULTS |
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| FOR THE
QUARTER ENDED 30th SEPTEMBER, 2010 |
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(Rs. in lakhs) |
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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 |
Previous accounting Year
ended |
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No. |
30.09.2010 |
30.09.2009 |
30.09.2010 |
30.09.2009 |
31.03.2010 |
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|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
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1(a) |
Net Sales / Income from
Operations |
8378 |
6479 |
16126 |
12381 |
26953 |
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(b) |
Other Operating Income |
0 |
2 |
2 |
3 |
53 |
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(c) |
Total Income |
8378 |
6481 |
16128 |
12384 |
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 |
(586) |
(343) |
(1040) |
(553) |
(678) |
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b) |
Consumption of Raw Materials |
4773 |
3439 |
9267 |
6618 |
14703 |
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c) |
Purchase of Traded Goods |
157 |
1086 |
456 |
2032 |
3342 |
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d) |
Power & Fuel |
577 |
412 |
1061 |
820 |
1741 |
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e) |
Employees Cost |
538 |
317 |
1034 |
623 |
1473 |
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f) |
Depreciation |
465 |
225 |
910 |
450 |
1166 |
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g) |
Other Expenditure |
1296 |
618 |
2562 |
1227 |
3435 |
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h) |
Total |
7220 |
5754 |
14250 |
11217 |
25182 |
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3 |
Profit
from Operations, Other Income, Interest and exceptional Items (1-2) |
1158 |
727 |
1878 |
1167 |
1824 |
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4 |
Other Income |
- |
- |
- |
- |
584 |
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5 |
Profit before Interest and
Exceptional Items |
1158 |
727 |
1878 |
1167 |
2408 |
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6 |
Interest |
601 |
286 |
1137 |
522 |
1458 |
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7 |
Profit
after interest but before Exceptional Items |
557 |
441 |
741 |
645 |
950 |
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8 |
Exceptional Items |
- |
- |
337 |
- |
- |
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9 |
Profit
before tax |
557 |
441 |
1078 |
645 |
950 |
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10 |
Tax expense |
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a) |
Provision for taxation |
- |
- |
- |
32 |
95 |
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b) |
MAT credit entitlement |
- |
- |
- |
- |
- |
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b) |
Deffered Tax |
- |
- |
- |
- |
91 |
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d) |
Fringe Benefit Tax |
- |
- |
- |
- |
- |
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Total tax expenses |
0 |
0 |
0 |
32 |
186 |
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11 |
Net Profit from Ordinary
Activities after Tax |
557 |
441 |
1078 |
613 |
764 |
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12 |
Extraordinary Item |
0 |
(384) |
- |
(398) |
(398) |
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13 |
Net Profit(+)/Loss(-) for the
period (11-12) |
557 |
57 |
1078 |
215 |
366 |
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14 |
Paid-up
Equity Share Capital ( Face Value - Rs.10/-) |
1613 |
1613 |
1613 |
1613 |
1613 |
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15 |
Reserves
excluding Revaluation Reserves as per
Balance sheet of previous accounting year. |
- |
- |
- |
- |
5478 |
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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) |
3.45 |
0.35 |
6.68 |
1.33 |
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) |
3.45 |
0.35 |
6.68 |
1.33 |
2.26 |
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17 |
Public
Shareholding |
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- No. of
shares |
9816911 |
9816911 |
9816911 |
9816911 |
9816911 |
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Percentage of Shareholding |
60.85% |
60.85% |
60.85% |
60.85% |
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 |
1300000 |
1300000 |
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- Percentage of shares (as
a % of the total shareholding of promoter and promoter group) |
15.83 |
20.58 |
15.83 |
20.58 |
20.58 |
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- Percentage of
shares (as a % of the total share capital of the company) |
6.20 |
8.06 |
6.20 |
8.06 |
8.06 |
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b) Non - encumbered |
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- Number of shares |
5315744 |
5015744 |
5315744 |
5015744 |
5015744 |
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- Percentage of shares (as a % of the total
shareholding of the Promoter and Promoter group) |
84.17 |
79.42 |
84.17 |
79.42 |
79.42 |
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- Percentage of shares (as a % of the
total share capital of the company) |
32.95 |
31.09 |
32.95 |
31.09 |
31.09 |
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Notes: |
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1. The
above Unaudited results were reviewed by the Audit Committee and approved by
the Board |
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of Directors
at their meeting held on 20.10.2010. |
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2. The
statutory auditors of the company have conducted a "Limited Review"
of the above unaudited |
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Financial
Results. |
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3. The
entire operations of the Company relates to one segment i.e., Textiles. |
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4. Tax
expense and the effect of exchange variation on Foreign Currency Loans will
be ascertained |
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and provided
for at the end of the year. |
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5.
Status of the Investor complaints as on 30.09.2010. Pending at the beginning of the Quarter -
Nil, |
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Received - 3, Disposed - 3,
Lying unresolved at the end of the Quarter - Nil. |
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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 |
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R.K.AGARWAL |
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Date: 20.10.2010 |
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Managing Director |
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