|
UNAUDITED FINANCIAL RESULTS FOR THE THIRD
QUARTER ENDED June 30, 2002.
MONSANTO INDIA LIMITED
(formerly Monsanto Chemicals Of India Limited)
Regd.Office: Ahura Centre, 5th Floor, 96, Mahakali Caves Road, Andheri
(East), Mumbai - 400 093.
(Rupees in Lacs)
|
SR.
NO.
|
PARTICULARS
|
Quarter
Ended 30.06.2002 (Unaudited)
|
Quarter
Ended 30.06.2001 (Unaudited)
|
Year
ended March 31, 2002
|
|
1.
|
Gross Sales
|
12300
|
9457
|
33032
|
| |
Less: Excise Duty
|
975
|
961
|
3584
|
| |
Net Sales
|
11325
|
8496
|
29448
|
|
2.
|
Other Income
|
101
|
45
|
308
|
| |
TOTAL INCOME
|
11426
|
8541
|
29756
|
|
3.
|
Total Expenditure:
|
|
|
|
| |
a) Decrease in
stock-in-trade
|
863
|
1127
|
550
|
| |
b) Consumption of
materials
|
4517
|
4176
|
15389
|
| |
c) Staff Cost
|
376
|
399
|
1447
|
| |
d) Other
Expenditure
|
|
|
|
| |
- Purchase of
Finished Goods
|
1880
|
297
|
2144
|
| |
- Others
|
1725
|
1286
|
5951
|
| |
TOTAL EXPENDITURE
|
9361
|
7285
|
25481
|
| |
|
|
|
|
|
4.
|
Interest
|
-
|
45
|
199
|
|
5.
|
Depreciation
|
164
|
163
|
617
|
|
6.
|
Profit before tax
(1+2-3-4-5)
|
1901
|
1048
|
3459
|
|
7.
|
Provision for
Taxation:
|
|
|
|
| |
- Current Tax
|
150
|
2
|
255
|
| |
- Deferred Tax
|
14
|
-
|
74
|
|
8.
|
Income Tax Prior
Year - Debit
|
-
|
-
|
20
|
|
9.
|
Net Profit after
tax (6-7-8)
|
1737
|
1046
|
3110
|
|
10.
|
Paid-up Equity
Share Capital of Rs.10/- each
|
863
|
432
|
863
|
|
11.
|
Free Reserves
(excluding revaluation reserves)
|
|
|
23110
|
|
12.
|
Basic Earning Per
Share (EPS)
|
Rs.20.13
|
Rs.12.12
|
Rs.36.03
|
|
13.
|
Aggregate of Non
Promoters Shareholding:
- Number of
Shares
- Percentage of
Shareholdings
|
2404152
27.85
|
1202076
27.85
|
2404152
27.85
|
Notes
| 1 |
The
Company’s agriculture business is seasonal and the first quarter
results include the peak sales of the 2002 Kharif season. |
| 2. |
The
progress and spread of the South West monsoon this year so far has been
poor. If this situation continues, we may see an impact on our revenues
and profitability. |
| 3. |
The
figures for the 1st quarter of the previous year have been
rearranged wherever necessary to make them comparable. |
| 4. |
The
EPS of the 1st Quarter of the previous year has been
calculated on the share capital enhanced by issue of Bonus Shares in the
ratio of 1:1 in September, 2001, in accordance with the AS-17 (Earning
Per Share) issued by The Institute of Chartered Accountants of India. |
| 5. |
The
Company has one segment of activity namely "Agriculture
Inputs". |
| 6. |
The
above results were taken on record by the Directors in their meeting
held on Tuesday, 23rd July, 2002. |
For Monsanto India
Limited
Sekhar
Natarajan
Managing Director
Mumbai: July 23, 2002.
|
