UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED JUNE 30, 2011

Rs. in Lakhs

SI.
No

Particulars

3 months ended

30/06/2011

30/06/2010

Year ended on
31/03/2011 Audited

1

Gross Sales/Income from operations

8546

8842

35000

 

Less: Excise Duty

766

877

3466

 

(a) Net Sales/Income from operations

7780

7965

31534

 

(b) Other Operating Income

181

178

808

 

Total Income

7961

8143

32342

2

Expenditure

 

 

 

 

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

415

(299)

(924)

 

Consumption of Raw Materials

3661

4373

16658

 

Purchase of traded goods

1886

1896

7699

 

Employee cost

468

417

1700

 

Depreciation

124

137

557

 

Other Expenditure

1148

1096

4517

 

Total Expenditure

7702

7620

30207

3

Profit from Operations before Other Income,

 

 

-

 

Interest and Exceptional Items (1-2)

259

523

2135

4

Other Income

40

37

95

5

Profit before Interest and Exceptional Items (3+4)

299

560

2230

6

Interest

5

14

7

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

299

555

2216

8

Exceptional Items

19

-

48

9

Profit from Ordinary Activities before tax(7+8)

280

555

2168

10

Tax Expense

76

179

705

11

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

204

376

1463

12

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

-

-

-

13

Net Profit for the period (11-12)

204

376

1463

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

-

-

13730

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)

5.44

10.03

39.01

17

Public Shareholding

 

 

 

 

- Number of shares

941080

941080

941080

 

- Percentage of share holding

25.01

25.01

25.01

18

Promoters and promoter group Shareholding

 

 

 

 

a.Pledged/Encumbered

 

 

 

 

- Number of shares

498188

746434

498188

 

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

17.74

26.57

17.74

 

 

 

 

 

 

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

13.29

19.90

13.29

 

b.Non-encumbered

 

 

 

 

- Number of shares

2310732

2062486

2310732

 

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

82.26

73.43

82.26

 

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

61.61

55.00

61.61

 

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.15 Lakhs.

3.

 

 

4.

In terms of amended clause 41 of the listing agreement, details of number of investor grievances for the quarter ended June 30, 2011: beginning - nil, received - 7, disposed off - 7 and pending - nil.

Exceptional item represents compensation towards Voluntary Separation Scheme.

5.

The above Unaudited Financial Results have been taken on record by the Board of Directors at its meeting held on July 2o, 2011. 'Limited Review' of the Results has been carried out by Statutory Auditors.

 

Chennai - 34
July 20, 2011
IS0 9001 and ISO 14001 Certified Company

for Nippo Batteries Co. Ltd

Justice S NATARAJAN
Chairman