UNAUDITED FINANCIAL RESULTS (PROVISIONAL)
FOR THE QUARTER ENDED 31.03.2005.
(Rs. in Lacs)
Particulars
Quarter ended
31.03.05
(Unaudited)
Corresponding
Quarter ended
31.03.04
(Unaudited)
Year
ended 31.03.05
(Unaudited)
Year
ended 31.03.04
(Audited)
Net
sales
1603
1578
6254
6431
Other Income
112
182
455
547
Total Expenditure :
a.
(Increase)/ Decrease in Stock-in-trade
(70)
(65)
48
59
b.
Consumption of raw material
1009
1073
4059
4178
c.
Staff Cost
82
75
323
297
d.
Power, Fuel & Water
232
240
888
917
e.
Trading Purchases
102
75
313
284
f.
Other Expenses
147
200
582
641
Interest
72
44
215
205
Depreciation
39
48
204
184
Profit before tax
102
70
77
213
Provision for taxation :
Current
2
29
6
82
Deferred
29
3
50
3
Net Profit
71
38
21
128
Paid-up capital (Face Value Rs.10/- per Share)
420
420
420
420
Reserves
-
-
-
665
Earnings per Share – Basic
1.69
0.90
0.50
3.05
Aggregate of Non-promoters Shareholding :
No.
of Shares
1846500
1846500
1846500
1846500
%
of holding
43.96
43.96
43.96
43.96
Note:-
The above results have been subjected to Limited Review by
the Statutory Auditors of the Company. The results have been
reviewed by the Audit Committee and taken on record at the
meeting of the Board of Directors held on 29th April 2005.
The Company is primarily engaged in the business of
Manufacturing of Maize Products. Since the inherent nature of
these activities are governed by the same set of risk and
returns, these have been grouped as a single segment in the
above disclosure. The said treatment is in accordance with the
guiding principle enunciated in the Accounting Standard on
Segment Reporting (AS – 17)’. The other activities (mainly for
captive consumption) of the company where risk and returns are
not similar to that of the main activity are Diesel Pump, Wind
Power Generation and Distribution and Effluent Treatment Plant
converting waste (Effluent) generated by the main plant into
Bio-gas and generation of Electricity from Co-generation Plant.
These activities, although can be termed as business segments,
are not reported separately above as they are not reportable
segments as defined under the Accounting Standard for segment
reporting.
There were no Investor complaints pending at the beginning
of the quarter. There are no investor complaints pending at end
of the quarter.
The deferred tax liabilities are provided on annualized
basis.
