AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2011

Rs. in Lakhs

SI.
No

Particulars

(Unaudited)

(Audited)

3 months ended

Year ended on

31/3/2011

31/3/2010

31/3/2011

31/3/2010

1

Gross Sales/Income from operations

7323

8080

35000

33752

Less: Excise Duty

806

689

3466

2666

(a) Net Sales/Income from operations

6517

7391

31534

31086

(b) Other Operating Income

203

170

808

687

 

Total Income

6720

7561

32342

31773

3

Expenditure

 

 

 

 

a. (Increase)/Decrease in Stock in trade and work in progress

(322)

206

(924)

(404)

b. Consumption of Raw Materials

3611

3945

16658

16077

c. Purchase of traded goods

1260

1371

7699

7369

d. Employee cost

414

422

1700

1752

e. Depreciation

140

150

557

583

f. Other Expenditure

1111

908

4517

4040

 

Total Expenditure

6214

7002

30207

29417

3

Profit from Operations before Other Income,

 

 

 

 

Interest and Exceptional Items (1-2)

506

559

2135

2356

4

Other Income

13

34

95

159

5

Profit before Interest and Exceptional Items (3+4)

519

593

2230

2515

6

Interest

5

3

14

11

7

Profit after Interest but before Exceptional Items (5-6)

514

590

2216

2504

8

Exceptional Items

3

-

48

-

9

Profit from Ordinary Activities before tax(7+8)

511

590

2168

2504

10

Tax Expense

172

220

705

852

11

Net Profit from ordinary activities after tax (9-10)

339

370

1463

1652

12

Extraordinary Items (net of tax Expenses Rs……..)

-

-

-

-

13

Net Profit for the period (11-12)

339

370

1463

1652

14

Paid Up Equity Share Capital (Face value-Rs.10/-)

375

375

375

375

15

Reserves excluding Revaluation Reserve as perbalance sheet of previous accounting year

-

-

13730

13139

16

Earning Per Share (EPS)

9.04

9.87

39.01

44.05

( Basic and diluted EPS before/after Extraordinary items for the period, for the year to date and for the previous year (not to be annualized)

 

 

 

 

17

Public Shareholding

 

 

 

 

 

- Number of shares

941080

941080

941080

941080

 

Percentage of share holding

25.10

25.10

25.10

25.10

 

 

 

 

 

 

18

Promoters and promoter group Shareholding

 

 

 

 

 

a. Pledged/Encumbered

 

 

 

 

 

- Number of shares

498188

746434

498188

746434

 

- Percentage of shares(as a % of the total shareholding of promoter and promoter group)

17.74

26.57 

17.74

26.57 

 

- Percentage of shares(as a % of the total share capital of the company)

13.29

19.90 

13.29

19.90 

 

 

 

 

 

 

 

b. Non-encumbered

 

 

 

 

 

- Number of shares

2310732

2062486

2310732

2062486

 

- Percentage of shares(as a % of the total shareholding of promoter and promoter group)

82.26

73.43 

82.26

73.43 

 

- Percentage of shares(as a % of the total share capital of the company)

61.61

55.00 

61.61

55.00 

 

 

 

 

 

 

 

Note:

 

1.

The Company's main business is manufacture and sale of dry cell batteries. All other activities of the Company are incidental to the main business. As such, there are no separate reportable segments, as per the Accounting Standard on Segment Reporting (AS 17).

2.

Provision for taxation is net of deferred tax Asset Rs.2 Lakhs.

3.

In terms of Clause 41 of the listing agreement, details of number of investor complaints for the quarter ended march 31, 2011: beginning - nil, received -6, disposed off -6 and pending - nil.

4.

Exceptional items represents compensation towards Voluntary Seperation Scheme.

5.

A dividend of Rs.20/-per share (200%) has been recommended by the Board for the year ended March 31,2011.

6.

The above Audited Financial Results have been taken on record by the Board of Directors at its meeting held on April 29 , 2011.

7.

Figures regrouped wherever necessary.

 

Chennai - 34
April 29, 2011
IS0 9001 and ISO 14001 Certified Company

for Nippo Batteries Co. Ltd

JUSTICE MR. S. NATARAJAN
Chairman