UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED DECEMBER 31, 2009
Rs. in Lakhs
SI.
No
Particulars
3 months ended Year to Date Year ended on
31/12/2009 31/12/2008
31/12/2009 31/12/2008
31/03/2009
Audited
1 Gross Sales/Income from operations 8125 7125 25690 23925 30751
  Less: Excise Duty 658 818 1977 3548 4245
  (a) Net Sales / Income from operations 7467 6307 23713 20377 26506
  (b) Other Operating Income 149 161 517 401 592
  Total Income 7616 6468 24230 20778 27098
2 Expenditure
  a. (Increase)/Decrease in Stock in trade and work in progress 353 445 (610) (174) (550)
  b. Consumption of Raw Materials 4146 3283 12132 12570 15940
  c. Purchase of traded goods 1771 876 5998 2611 3581
  d. Employee cost 439 419 1330 1185 1664
  e. Depreciation 153 150 433 414 563
  f. Other Expenditure 1034 813 3150 2714 3645
  Total Expenditure 7190 5986 22433 19320 24843
3 Profit from Operations before Other Income,
Interest and Exceptional Items (1-2)
426 482 1797 1458 2255
4 Other Income 37 39 125 176 209
5 Profit before Interest and Exceptional Items (3+4) 463 521 1922 1634 2464
6 Interest 0 4 8 12 11
7 Profit after Interest but before Exceptional Items (5-6) 463 517 1914 1622 2453
8 Exceptional Items - - - - -
9 Profit from Ordinary Activities before tax(7+8) 463 517 1914 1622 2453
10 Tax Expense 155 197 632 547 850
11 Net Profit from ordinary activities after tax (9-10) 308 320 1282 1075 1603
12 Extraordinary Items (net of tax Expenses Rs……..) - - - - -
13 Net Profit for the period (11-12) 308 320 1282 1075 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)
8.21 8.53 34.19 28.67 42.75
17 Public Shareholding
  - Number of shares 941080 941080 941080 941080 941080
  - Percentage of share holding 25.10 25.10 25.10 25.10 25.10
18 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) 19.90   19.90   19.90
  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) 55.00   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 Liability Rs.43 Lakhs.
3. In terms of Clause 41 of the listing agreement, details of number of investor complaints for the quarter ended December 31, 2009: beginning - nil, received -7 , disposed off -7 and pending - nil.
4. The above Unaudited Financial Results have been reviewed by Audit Committee and taken on record by the Board of Directors at its meeting held on January 28, 2010. 'Limited Review' of the Results has been carried out by Statutory Auditors.
  CHENNAI -34
January 28 , 2009
IS0 9001 and ISO 14001 Certified Company
for Nippo Batteries Co. Ltd

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