UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED SEPTEMBER 30, 2009
Rs. in Lakhs
SI.
No
Particulars
3 months ended Year to Date Year ended on
30/09/2009 30/09/2008
30/09/2009 30/09/2008
31/03/2009
Audited
1 Gross Sales/Income from operations 9283 8536 17565 16800 30751
  Less: Excise Duty 669 1355 1319 2730 4245
  (a) Net Sales/Income from operations 8614 7181 16246 14070 26506
  (b) Other Operating Income 152 128 368 240 592
  Total Income 8766 7309 16614 14310 27098
2 Expenditure
  a. (Increase)/Decrease in Stock in trade and work in progress (160) (692) (257) (619) (550)
  b. Consumption of Raw Materials 4074 4782 7986 9287 15940
  c. Purchase of traded goods 2499 1224 4227 1735 3581
  d. Employee cost 447 386 891 766 1664
  e. Depreciation 141 133 280 264 563
  f. Other Expenditure 1084 976 2116 1901 3645
  Total Expenditure 8085 6809 15243 13334 24843
3 Profit from Operations before Other Income, Interest and Exceptional Items (1-2) 681 500 1371 976 2255
4 Other Income 47 63 88 137 209
5 Profit before Interest and Exceptional Items (3+4) 728 563 1459 1113 2464
6 Interest 2 5 8 8 11
7 Profit after Interest but before Exceptional Items (5-6) 726 558 1451 1105 2453
8 Exceptional Items - - - - -
9 Profit from Ordinary Activities before tax(7+8) 726 558 1451 1105 2453
10 Tax Expense 230 175 477 350 850
11 Net Profit from ordinary activities after tax (9-10) 496 383 974 755 1603
12 Extraordinary Items (net of tax Expenses Rs……..) - - - - -
13 Net Profit for the period (11-12) 496 383 974 755 1603
14 Paid Up Equity Share Capital (Face value-Rs.10/-) 375 375 375 375 375
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)
13.23 10.21 25.97 20.13 42.75
15 Public Shareholding
  - Number of shares 941080 941080 941080 941080 941080
  - Percentage of share holding 25.10 25.10 25.10 25.10 25.10
16 Promoters and promoter group Shareholding
  a. Pledged/Encumbered
  - Number of shares 746434   746434   746434
  - Percentage of shares(as a % of the total shareholding of promoter and promoter group) 26.57   26.57   26.57
  - Percentage of shares(as a % of the total share capital of the company) 19.9   19.9   19.9
16 b. Non-encumbered
  - Number of shares 2062486   2062486   2062486
  - Percentage of shares(as a % of the total shareholding of promoter and promoter group) 73.43   73.43   73.43
  - Percentage of shares(as a % of the total share capital of the company) 55   55   55
 
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 Liability Rs.238 Lakhs.
3. In terms of Clause 41 of the listing agreement, details of number of investor complaints for the quarter ended september 30, 2009: beginning - nil, received -7, disposed off -7 and pending - nil.
4. The above Unaudited Financial Results have been taken on record by the Board of Directors at its meeting held on October 23, 2009 'Limited Review' of the Results has been carried out by Statutory Auditors.
  CHENNAI -34
October 23, 2009
IS0 9001 and ISO 14001 Certified Company
for Nippo Batteries Co. Ltd

MR.P. Dwarakanath Reddy
Managing Director
Technology from Matsushita Electric, Japan