| Particulars |
Un-Audited |
Audited |
| Quarter
Ended |
3
Quarters Ended |
Year
Ended |
| 31.12.04 |
31.12.03 |
31.12.04 |
31.12.03 |
31.03.04 |
| Rs. in
Crore |
| 1. |
Net Sales / Income from Operations-Gross of Excise Duty |
189.17 |
142.85 |
482.87 |
400.64 |
606.98 |
| |
Less : Excise Duty |
12.15 |
10.54 |
32.47 |
32.33 |
46.28 |
| |
Net Sales / Income from Operations-Net of Excise Duty |
177.02 |
132.31 |
450.40 |
368.31 |
560.70 |
| 2. |
Other Income |
5.24 |
3.89 |
44.34 |
28.39 |
34.47 |
| |
Total Income |
182.26 |
136.20 |
494.74 |
396.70 |
595.17 |
| 3. |
Total Expenditure : |
|
|
|
|
|
| |
a) (Accretion) / Decretion to Stock |
39.29 |
36.92 |
39.58 |
0.11 |
1.94 |
| |
b) Consumption of Raw Materials |
53.45 |
35.96 |
166.58 |
173.88 |
274.22 |
| |
c) Purchase of Goods for resale |
11.34 |
12.31 |
38.00 |
28.41 |
38.55 |
| |
d) Staff cost |
12.96 |
12.46 |
39.73 |
46.11 |
58.63 |
| |
e) Other Expenditure |
36.11 |
25.92 |
103.90 |
90.01 |
130.64 |
| |
Total Expenditure : |
153.15 |
123.57 |
387.79 |
338.52 |
503.98 |
| 4. |
Gross Profit |
29.11 |
12.63 |
106.95 |
58.18 |
91.19 |
| 5. |
Interest ( Net ) |
1.11 |
1.79 |
2.64 |
6.18 |
7.53 |
| 6. |
Depreciation |
7.25 |
7.57 |
20.93 |
22.68 |
30.37 |
| 7. |
Profit before Taxation (PBT) |
20.75 |
3.27 |
83.38 |
29.32 |
53.29 |
| 8. |
Provision for Taxation |
|
|
|
|
|
| |
Current Tax |
1.23 |
(0.25) |
12.00 |
2.40 |
6.90 |
| |
Deferred Tax (Net) |
1.72 |
1.85 |
3.66 |
6.50 |
3.16 |
| 9. |
Net Profit after Taxation (PAT) |
17.80 |
1.67 |
67.72 |
20.42 |
43.23 |
| 10. |
Paid up Equity Share Capital
(Face Value -Rs.10 per Equity Share) |
17.85 |
17.85 |
17.85 |
17.85 |
17.85 |
| 11. |
Reserves excluding Revaluation Reserve |
|
|
|
|
314.42 |
| 12. |
Earnings per Share (EPS) -
Basic and Diluted |
9.97 |
0.94 |
37.94 |
11.44 |
24.22 |
| |
(Not annualised)
(Rs.per Equity Share ) |
|
|
|
|
|
| 13. |
Aggregate of Non Promoter Shareholding |
|
|
|
|
|
| |
No of Shares |
|
|
|
|
10936126 |
| |
% of Shareholding |
|
|
|
|
61.2% |
| |
- The Statutory Minimum price of sugar cane for the sugar year 2002-2003 of Rs 695/MT notified by
the Central Government on 9th January, 2003 has been legally challenged by the South Indian Sugar Mills Association (of which the Company is a member), and the matter is sub-judice. Further a minimum price of Rs 730/MT has been notified for the sugar year 2003-04. This is also being legally challenged. Based on legal advice, pending disposal of the cases, no provision has been considered in the above results.
- The expansion and modernisation of Dewas Unit has been completed. Consequently the
Company's total sanitaryware production capacity has increased to 34500 MT
p.a
- Figures of the third quarter of the previous year have been restated after considering the effect of Scheme of Arrangement (Demerger) of Farm Inputs Division into Coromandel Fertilisers Limited and amalgamation of Parry & Company Limited and The Mofussil Warehouse and Trading Company Limited.
- The Statutory Auditors of the Company have carried out a Limited Review of Unaudited Financial Results for 3 Quarters ended December 31, 2004.
- During the third quarter, 11 investor complaints were received and were resolved. There were no complaints pending both at the beginning and end of the quarter.
- The above statement of Unaudited Financial Results (Provisional) for the 3 Quarters ended Dec 31, 04 was approved by the Board of Directors at their meeting held on January 21, 05.
- Figures of the previous year have been regrouped wherever necessary.
Chennai
On behalf of the Board
January 21, 2005
P. Rama Babu Managing Director
|
|
|
|
Segment Reporting under Clause 41 of the Listing
Agreement with Stock Exchange for the 9 Months ended 31st
December, 2004
|
|
Particulars
|
For the
|
Quarter ended
Rs. in Crore
|
3 Quarters ended
Rs. in Crore
|
Year ended
Rs. in Crore
|
|
31.12.04
|
31.12.03
|
31.12.04
|
31.12.03
|
31.03.04
|
1. Segment Revenue :
( Net Sales/Income from each Segment Gross of Excise)
|
|
a. Sugar
|
134.38
|
95.71
|
327.61
|
268.09
|
420.01
|
|
b. Parryware
|
49.28
|
40.86
|
145.16
|
119.68
|
159.93
|
|
c. Bio-products
|
6.96
|
1.92
|
11.54
|
4.65
|
16.01
|
|
d. Others
|
4.08
|
9.10
|
45.12
|
40.82
|
51.27
|
|
|
194.70
|
147.59
|
529.43
|
433.24
|
647.22
|
|
Less : Intersegmental Revenue
|
0.29
|
0.85
|
2.22
|
4.21
|
5.77
|
|
Net Sales /Income from Operations
|
194.41
|
146.74
|
527.21
|
429.03
|
641.45
|
2. Segment Results :
( Profit (+) / Loss (-) before Tax and Interest from each segment)
|
|
a. Sugar
|
12.99
|
1.00
|
36.51
|
13.93
|
34.58
|
|
b. Parryware
|
5.11
|
4.28
|
15.60
|
12.85
|
18.04
|
|
c. Bio-products
|
1.24
|
(0.98)
|
(0.20)
|
(3.95)
|
1.32
|
|
|
19.34
|
4.30
|
51.91
|
22.83
|
53.94
|
|
Less : (í) Interest ( Net )
|
(1.11)
|
(1.79)
|
(2.64)
|
(6.18)
|
(7.53)
|
|
(ii) Other un-allocable expenditure net of un-allocable income
|
2.52
|
0.76
|
34.11
|
12.67
|
6.88
|
|
Total Profit Before Tax
|
20.75
|
3.27
|
83.38
|
29.32
|
53.29
|
3. Capital Employed
(Segment Assets - Segment Liabilities)
|
|
a. Sugar
|
349.67
|
374.61
|
349.67
|
374.61
|
339.12
|
|
b. Parryware
|
90.15
|
79.14
|
90.15
|
79.14
|
74.61
|
|
c. Bio-products
|
25.68
|
32.92
|
25.68
|
32.92
|
29.65
|
|
d. Others (Including Investments)
|
184.85
|
153.84
|
184.85
|
153.84
|
167.44
|
|
Total
|
650.35
|
640.51
|
650.35
|
640.51
|
610.82
|
