UNAUDITED
FINANCIALRESULTSFOR
THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2008
(Rupees in Lacs)
SR.NO.
PARTICULARS
Three Monthsended on 30.06.2008(UNAUDITED)
Corresponding three months ended in the
previous year on 30.06.2007(UNAUDITED)
Three Months ended on 30.09.2008(Unaudited
)
Corresponding three months ended in the
previous year on 30.09.2007 (Unaudited)
Yearto
date figures for the period ended30.09.2008
(Unaudited)
Yearto
date figures for the period ended30.09.2007
(Unaudited)
Previousaccountingyear ended31.03.2008 (Audited)
1
(a) Sales (Net of Excise Duty) (
Including product sales of Rs.214 lacs and Rs. 5,297 lacs for the quarter and
year to date respectivelyof Alachlor & Butachlor Business operated for a third party. See Note 4 below)
Profit before Interest andExceptional
Items ( 3+4)
7,932
6,126
2,294
1,429
10,225
7,555
7,961
6
Interest Expense
5
6
6
5
12
11
35
7
Profit after Interest but beforeExceptional
Items
( 5-6)
7,927
6,120
2,288
1,424
10,213
7,544
7,926
8
Exceptional Items
-
-
-Profit on Divestiture
-
-
-
-
4,586
9
Profit from ordinaryactivities
but before Tax ( 7-8)
7,927
6,120
2,288
1,424
10,213
7,544
12,512
10
Tax expense:
-
Current Tax
675
245
685
215
1,360
460
2,250
-
Deferred Tax
(31)
52
(37)
(37)
(68)
15
12
-Fringe
benefit Tax
59
42
69
64
128
106
320
-WealthTax
2
2
-
-
2
2
4
-Excess
provision in respect of earlier years
-
-
-
-
-
-
(91)
11
NetProfit
from OrdinaryActivitiesafter
tax( 9-10)
7,222
5,779
1,571
1,182
8,791
6,961
10,017
12
Extarordinary Items( net of tax expenses Rs. NIL)
-
-
-
-
-
13
NetProfit
for the period (11-12)
1,571
1,182
8,791
6,961
10,017
14
Paid-up Equity Share Capital (Face Value Rs. 10/-
per share)
863
863
863
863
863
863
863
15
Free reserves (excluding revaluation reserves)
25,748
16
Basic and diluted Earnings Per Share (EPS) - Rs
83.67
66.96
18.20
13.68
101.85
80.65
116.05
17
Aggregate of Public Shareholding :
-
Number of Shares
#####
#####
2,404,152
2,404,152
2,404,152
2,404,152
2,404,152
-
Percentage of shareholdings
27.85
27.85
27.85
27.85
27.85
27.85
27.85
Notes:
1
The company's performance
is affected having regard to the mix of products sold in respective quarters.
2
The company has one Primary business
segment namely "Agriculture Inputs".
3
Information on investor complaints for
the quarter (Nos.): Opening Balance - 0, New -42, Disposals -42and
Closing Balance - 0
4
Pursuant to an ongoing agreement to
operate, in the transition period, the Alachlor and Butachlor business
activities for the buyer of the business,
the above financial results include an
amount of Rs.214 lacs and 5,297 Lacs for the quarter andyear
to date respectivelyin Sales as
well as in expenditure.
5
Thefinancial results for the half year ended 30th September , 2008 have been approvedby the Board of Directors at
its meeting held
on 24th October , 2008 and have been
subjected to a Limited Review by the Statutory Auditors of the Company.
6
Thedirectorshave declared an interim dividend of Rs.12/- per share at it's meeting held on 24th October, 2008.
7
Previous period's/Year's figures have
been re-grouped wherever necessary to correspond with the currentperiod's/year's
figures.