UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED JUNE 30, 2009
Rs. in Lakhs
SI.
No
Particulars
3 months ended
30/06/2009 30/06/2008
Year ended on
31/03/2009 Audited
1 Gross Sales/Income from operations 8282 8264 30751
  Less: Excise Duty 650 1375 4245
  (a) Net Sales/Income from operations 7632 6889 26506
  (b) Other Operating Income 216 112 592
  Total Income 7848 7001 27098
2

Expenditure

     
  (Increase)/Decrease in Stock in trade and work in progress (97) 73 (550)
  Consumption of Raw Materials 3912 4505 15940
  Purchase of traded goods 1728 511 3581
  Employee cost 444 380 1664
  Depreciation 139 131 563
  Other Expenditure 1032 925 3645
  Total Expenditure 7158 6525 24843
3 Profit from Operations before Other Income,   - -
  Interest and Exceptional Items (1-2) 690 476 2255
4 Other Income 41 74 209
5 Profit before Interest and Exceptional Items (3+4) 731 550 2464
6 Interest 6 3 11
7 Profit after Interest but before Exceptional Items (5-6) 725 547 2453
8 Exceptional Items - - -
9 Profit from Ordinary Activities before tax(7+8) 725 547 2453
10 Tax Expense 247 175 850
11 Net Profit from ordinary activities after tax (9-10) 478 372 1603
12 Extraordinary Items (net of tax Expenses Rs……..) - - -
13 Net Profit for the period (11-12) 478 372 1603
14 Paid Up Equity Share Capital (Face value-Rs.10/-) 375 375 375
15 Reserves excluding Revaluation Reserve as per balance sheet of previous accounting year - - 12364
16 Earning Per Share (EPS)
( 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)
12.75 9.92 42.75
17 Public Shareholding      
  - Number of shares 941080 937885 941080
  - Percentage of share holding 25.01 25.01 25.01
18 Promoters and promoter group Shareholding     
  a.Pledged/Encumbered      
  - Number of shares 746434   746434
  - Percentage of shares(as a % of the total shareholding of 26.57   26.57
  promoter and promoter group)      
  - Percentage of shares(as a % of the total share capital of the company) 19.90   19.90
  b.Non-encumbered      
  - Number of shares 2062316   2062316
  - Percentage of shares(as a % of the total shareholding of promoter and promoter group) 73.43  73.43
  - Percentage of shares(as a % of the total share capital of the company) 55.00   55.00
  Notes:
 
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.12.00 Lakhs.
3. In terms of amended clause 41 of the listing agreement, details of number of investor complaints for the quarter ended June 30, 2009: beginning - nil, received - 8, disposed off - 8 and pending - nil.
4. The above Unaudited Financial Results have been taken on record by the Board of Directors at its meeting held on July 23, 2009. 'Limited Review' of the Results has been carried out by Statutory Auditors.
  Chennai - 34
July 23, 2009
IS0 9001 and ISO 14001 Certified Company
for Nippo Batteries Co. Ltd

MR.P. Dwarakanath Reddy
Managing Director