UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED DECEMBER 31, 2010
Rs. in Lakhs
SI.
No		 Particulars
3 months ended Year to Date Year ended on
12/31/2010 12/31/2009
12/31/2010 12/31/2009
3/31/2010
Audited
1 Gross Sales/Income from operations 9029 8118 27677 25672 33752
  Less: Excise Duty 847 658 2660 1977 2666
  (a) Net Sales/Income from operations 8182 7460 25017 23695 31086
  (b) Other Operating Income 183 149 605 517 687
  Total Income 8365 7609 25622 24212 31773
2 Expenditure
  a. (Increase)/Decrease in Stock in trade and work in progress 171 (353) (602) (610) (404)
  b. Consumption of Raw Materials 4062 4146 13047 12132 16077
  c. Purchase of traded goods 2056 1771 6439 5998 7369
  d. Employee cost 430 439 1286 1330 1752
  e. Depreciation 140 153 417 433 583
  f. Other Expenditure 1083 1027 3406 3132 4040
  Total Expenditure 7942 7183 23993 22415 29417
3 Profit from Operations before Other Income, Interest and Exceptional Items (1-2) 423 426 1629 1797 2356
4 Other Income 20 37 82 125 159
5 Profit before Interest and Exceptional Items (3+4) 443 463 1711 1922 2515
6 Interest 1 0 9 8 11
7 Profit after Interest but before Exceptional Items (5-6) 442 463 1702 1914 2504
8 Exceptional Items 22 - 45 - -
9 Profit from Ordinary Activities before tax(7+8) 420 463 1657 1914 2504
10 Tax Expense 140 155 533 632 852
11 Net Profit from ordinary activities after tax (9-10) 280 308 1124 1282 1652
12 Extraordinary Items (net of tax Expenses Rs……..) - - - - -
13 Net Profit for the period (11-12) 280 308 1124 1282 1652
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 - - - - 13139
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)		 7.47 8.21 29.97 34.19 44.05
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 746434 746434
  - Percentage of shares(as a % of the total shareholding of promoter and promoter group) 26.57 26.57 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 19.90 19.90
  b. Non-encumbered
  - Number of shares 2062486 2062486 2062486 2062486 2062486
  - Percentage of shares(as a % of the total shareholding of promoter and promoter group) 73.43 73.43 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 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.11.20 Lakhs.
3. In terms of Clause 41 of the listing agreement, details of number of investor complaints for the quarter ended December, 2010: beginning - nil, received -7, disposed off -7 and pending - nil.
4. Exceptional item represents compensation towards Voluntary Separation Scheme.
5. 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 19, 2011 'Limited Review' of the Results has been carried out by Statutory Auditors.
  CHENNAI -34
January 19, 2011
IS0 9001 and ISO 14001 Certified Company
 for Nippo Batteries Co. Ltd

JUSTICE MR. S. NATARAJAN
Chairman