 |
GONTERMANN
- PEIPERS (INDIA) LIMITED
AN ISO 9001:2000 COMPANY * STAR EXPORT HOUSE
Regd.Office :
P.O.PAILAN,DIAMOND HARBOUR ROAD, 24-PARGANAS(S), WEST BENGAL-743 512
UNAUDITED FINANCIAL RESULTS
FOR
QUARTER ENDED 3 0TH
SEPTEMBER, 2006
|
Rs in lacs |
|
Sl.
No. |
Particulars |
Quarter
Ended |
Half
year Ended |
Year Ended |
|
30.09.2006 (Un-audited) |
30.09.2005 (Un-audited) |
30.09.2006
(Un-audited) |
30.09.2005
(Un-audited) |
31.03.2006
(Audited ) |
|
1 |
Net
Income from Sales/Services |
4,219.90 |
3,283.66 |
7,170.13 |
6,496.97 |
13,729.77 |
|
|
Less : Excise Duty |
291.03 |
342.41 |
556.71 |
667.71 |
1,509.05 |
|
|
Net Income from Sales/services |
3,928.87 |
2,941.25 |
6,613.42 |
5,829.26 |
12,220.72 |
|
2 |
Other Income |
0.05
|
3.56
|
1.27
|
62.18
|
804.19
|
|
3 |
Total
Expenditure |
2,999.30 |
2,458.24 |
5,215.37 |
4,896.84 |
10,166.60 |
|
a) |
Increase/
decrease stock in trade |
(56.33) |
80.35 |
43.11
|
151.56
|
75.16
|
|
b) |
Consumption of
raw materials |
1,566.96 |
1,105.45 |
2,555.27 |
2,316.25 |
4,874.60 |
|
c) |
Staff cost |
350.49
|
312.73
|
674.29 |
628.30 |
1,248.64 |
|
d) |
Other
Expenditure
(I)
Power & Fuel
|
304.79
|
325.63
|
570.10
|
670.41
|
1,306.68 |
|
|
(II) Other expenses |
833.39 |
634.08 |
1,372.60 |
1,130.32 |
2,661.52 |
|
4 |
Operating Profit
before Interest and Depreciation |
929.62
|
486.57
|
1,399.32
|
994.60
|
2,858.31
|
|
5 |
Interest (Net)
and Financial charges |
236.42 |
178.20
|
424.23 |
381.73 |
768.83 |
|
6 |
Gross
Profit/(Loss) before Depreciation |
693.20
|
308.37
|
975.09
|
612.87
|
2,089.48
|
|
7 |
Depreciation |
126.73
|
132.40
|
255.80
|
262.01
|
532.38
|
|
8 |
Profit/
(Loss) before Tax |
566.47
|
175.97
|
719.29
|
350.86
|
1,557.10
|
|
9 |
Provision for
Taxation |
|
|
|
|
|
|
|
- Current year
|
180.19
|
14.00
|
233.09
|
28.50
|
139.41
|
|
|
- Deferred Tax Liability
|
19.71
|
-
|
17.76
|
-
|
407.63
|
|
|
- Fringe benefits Tax
|
3.27
|
4.56
|
5.49
|
7.94
|
25.76
|
|
|
- Minimum Alternate Tax Credit
Entitlement
|
-
|
-
|
-
|
-
|
(139.41)
|
|
10 |
Profit/
(Loss) after Tax |
163.92
|
10.91
|
478.34
|
(173.48)
|
(150.48) |
|
11 |
Paid-up Equity
Share Capital |
1,391.50 |
1,391.50 |
1,391.50 |
1,391.50 |
1,391.50 |
|
12 |
Reserve
excluding revaluation reserve |
- |
- |
- |
- |
2,290.52 |
|
13 |
Earning per share (Not annualised) |
|
|
|
|
|
|
|
- Basic - in Rs. |
2.61 |
1.13 |
3.33 |
2.26 |
8.08 |
|
|
- Diluted - in Rs. |
2.38 |
1.03 |
3.04 |
2.06 |
7.38 |
|
14 |
Aggregate of
Non-Promoter Shareholding |
|
- Number of
shares |
62,43,927 |
63,86,032
|
62,43,927
|
63,86,032
|
62,43,927
|
|
- Percentage
of shareholding |
44.87% |
45.89% |
44.87%
|
45.89% |
44.87%
|
|
Segmentwise Revenue, Results and Capital Employed |
|
Sl.
No. |
Particulars |
Quarter
ended |
Half yearly ended |
Year ended |
|
30.09.2006 |
30.09.2005 |
30.09.2006 |
30.09.2005 |
31.03.2006
|
|
1 |
Segment Revenue |
|
a) |
Cast
Roll division |
3,101.38 |
2,423.89 |
5,151.41 |
4,912.22 |
10,288.95 |
|
b) |
Forge
Roll division |
1,118.52 |
859.77 |
2,018.72 |
1,584.75 |
3,440.82 |
|
|
Sales/Income from operations |
4,219.90 |
3,283.66 |
7,170.13 |
6,496.97 |
13,729.77 |
|
2 |
Segment Results
Profit/(Loss) before Tax and interest & Finance
charges from each segment |
|
a) |
Cast
Roll division |
584.58 |
126.83 |
732.08 |
349.37 |
734.35 |
|
b) |
Forge
Roll division |
218.31 |
227.34 |
411.44 |
383.22 |
1,591.58 |
|
|
Less-Interest
& Finance charges
|
802.89
236.42
|
354.17
178.20
|
1,143.52
424.23
|
732.59
381.73
|
2,325.93
768.83
|
|
|
Profit/(Loss)
before Tax |
566.47 |
175.97 |
719.29 |
350.86 |
1,557.10 |
|
|
Less - Provision for Taxation |
183.46 |
18.56 |
238.58 |
36.44 |
25.76 |
|
|
Less - Provision for deferred Tax |
19.71 |
- |
17.76 |
- |
407.63 |
|
|
Profit/(Loss) after Tax |
363.30 |
157.41 |
462.95 |
314.42 |
1,123.71 |
|
3 |
Capital Employed |
|
a) |
Cast
Roll division |
7,702.94 |
6,309.68 |
7,702.94 |
6,309.68 |
7,224.51 |
|
b) |
Forge
Roll division |
3,576.93 |
4,075.30 |
3,576.93 |
4,075.30 |
4,010.72 |
|
. |
Total |
11,279.87 |
10,384.98 |
11,279.87 |
10,384.98 |
11,235.23 |
|
NOTES :
- |
|
1. |
The above unaudited financial reviewed by the Audit
Commitee, have been taken on record by the Board of
Directors at their meeting held on 27th October, 2006. The
results are subject to Limited Review by the Statutory
Auditors.
|
|
2. |
Information on
investor compliants : Pending at the begining of the
quarter : Nil; Received duringthe quarter : 01;
Resolved/replied during the quarter : 01; Pending at the
end of the quarter : Nil. |
|
3. |
Interest(Net)
and Finance charges for the quarter ended 30th September,
2006 includes Interest amounting to Rs. 6.62 lacs on Term
Loan created out of Conversion of IFCI's privately held
cumulative Optionally Redeemable Preference Shares
(COCRPS) pending necessary approvals including sanction of
scheme of Arrangement between the company and preference
Shareholders by the Hon'ble High Court, Calcutta. |
|
4. |
Implementation
of Modernisation / Expansion project undertaken by the
company at an estimated total outlay of Rs.40 crores is as
per schedule. |
|
5. |
The company
has undertaken various modern management initiatives such
as Six Sigma, Total Productive Maintenance(TPM), Activity
Based Costing, Just-In-Time, Performance Management
System(PMS) to maximise performance efficiency. |
|
6. |
Figures of
previous period have been regrouped/rearranged wherever
necessary. |
Place: Kolkata
Date : 27th
October, 2006 |
For
and on behalf of the Board
sd/-
L.K.PODDAR
Managing
Director |
|
|
|
|
