UNAUDITED FINANCIAL RESULTS FOR THE QUARTER
ENDED JUNE 30, 2005 |
| |
(Rs. in Lakhs) |
DESCRIPTION |
FOR THE QUARTER ENDED 30TH JUNE |
FOR THE YEAR ENDED 31ST MARCH |
2005
UNAUDITED |
2004
UNAUDITED |
2005
AUDITED |
| 1.
Gross Sales/Income from operations |
21,315.10 |
19,865.88 |
74570.51 |
| Less:
Excise Duty |
2,485.90 |
2,506.71 |
9,077.75 |
| 2.
Net Sales/Income from operations |
18,829.20 |
17,359.17 |
65492.76 |
| 3.
Other Income |
73.82 |
72.35 |
2,590.31 |
| 4. Total Expenditure |
| (a)
(Increase)/Decrease in stock-in-trade |
(907.56) |
628.62 |
(1,778.13) |
| (b)
Consumption of raw materials |
11,099.55 |
7,848.51 |
31,516.30 |
| (c)
Staff Cost |
1,655.34 |
1,652.85
|
6,892.74
|
| (d)
Purchase of Finished Goods for resale |
563.23 |
452.84 |
3,639.47 |
| (e)
Other Expenditure |
3,979.40 |
4,366.51
|
17,132.44
|
| 5.
Profit before Depreciation, Interest and Taxation (2+3-4) |
2,513.06
|
2,482.19
|
10680.25
|
| 6.
Interest and Exchange fluctuation (net) |
935.69
|
2,533.92 |
3,999.38 |
| 7.
Depreciation / Amortisation |
464.48
|
454.06 |
1,851.28 |
| 8.
Profit/(Loss) before Tax (5-6-7) |
1,112.89 |
(505.79)
|
4829.59
|
| 9. Provision for Taxation-Current (including Wealth Tax)
- Deferred Tax
-
Fringe Benefit Tax |
167.09
259.80
56.50 |
-
(62.41)
- |
400.00
(201.50)
- |
| 10.
Net Profit / (Loss) (8-9) |
629.50 |
(443.38) |
4,631.09 |
| 11.
Paid-up equity share capital Face Value : Rs. 5/- per share |
2,788.95
|
2,788.95
|
2,788.95
|
| 12.
Reserves and Surplus (Excluding Revaluation Reserve) |
|
|
27047.59 |
| 13.
Earning per Share (basic & diluted) for the Period (Rs.) |
1.13
|
(0.79) |
8.30 |
|
|
TOP |
|
| NOTES |
- The Company is engaged in the business of manufacture and sale of
dry cell batteries, flashlights and packet tea which come under a single business segment
known as Fast Moving Consumer Goods (FMCG) and there is no other business and geographical
segment as envisaged under Accounting Standard 17 issued by the Institute of Chartered
Accountants of India.
- Interest cost and Exchange fluctuation is after taking into
account income by way of net exchange gain of Rs. 110.86 Lakhs (30th June 2004 - loss Rs.
1626.15 Lakhs) on translation of loans in foreign currency.
- There were no investor complaints pending at the beginning and at
the end of the quarter. Twenty-six complaints were received and disposed of during the
quarter.
- Pursuant to the order passed on January 17th 2005 by the Hon'ble
High Court at Calcutta, the erstwhile Bulk Tea Division of the Company had been demerged
and transferred to and vested in McLeod Russell India Ltd with retrospective effect from
April 01, 2004. Hence in order to make the figures comparable, those for the quarter ended
June 30, 2004 have been restated so as to reflect the results of the demerged entity for
that period.
- Trial proceedings before the Chief Judicial Magistrate, Bhopal, on
the modified charges framed under the directions of the Supreme Court that commenced in
September 1997, are yet to be concluded. The Company has been advised by legal counsel
that the allegations made against it in the material on record in the case are without any
firm basis, and do not satisfy the essential ingredients of the charges framed. The
possibilities of criminal proceedings succeeding and the Company being convicted are
extremely remote and the charges are very likely to fail, and hence, no provision is
necessary at this stage.
- Figures of the previous periods have been regrouped/rearranged
wherever considered necessary.
- The quarterly results for the period ended 30th June 2005, as
appearing in the above statement have been subjected to a Limited Review by the Auditors
of the Company.
- The above statement was taken on record by the Board of Directors
of the Company at their meeting held on July 25, 2005.
Kolkata
July 25, 2005 |
EVEREADY
INDUSTRIES INDIA LIMITED
Suvamoy Saha
Director |
|
|
|
TOP |
|
Distribution
of Shareholding as on March 31, 2005 |
| |
Category |
No. of
Shares held |
Percentage of
Shareholding |
| A |
Promoter’s holding |
|
|
| 1. |
Promoters
- Indian Promoters
- Foreign Promoters |
24029119
5398316 |
43.08
9.68 |
| 2. |
Persons acting in Concert |
2289336 |
4.1 |
| |
Sub-total |
31716771 |
56.86 |
| B. |
Non-Promoters Holding |
|
|
3. |
Institutional Investors |
|
|
| a. |
Mutual Funds and UTI |
521887 |
0.93 |
| b. |
Banks, Financial Institution,
Insurance, Companies (Central / State Government Institutions / Non- government
Institutions) |
4734315 |
8.49 |
| c. |
FIIs |
1726951 |
3.1 |
| |
Sub-total |
6983153 |
12.52 |
4. |
Others |
|
|
| a. |
Private Corporate Bodies |
4189373 |
7.51 |
| b. |
Indian Public |
12060571 |
21.62 |
| c. |
NRIs / OCBs |
268320 |
0.48 |
| d. |
Other foreign
Companies |
560814 |
1.01 |
| |
Sub-total |
17079078 |
30.62 |
| |
GRAND TOTAL |
55779002 |
100 |
|
|
TOP |
|
Names
of Entities / Persons holding more than 1% of the Share Capital |
| Indian Promoters : |
| Sl No. |
Name |
No. of Shares |
Percentage |
| 1 |
Williamson Financial Services
Ltd. |
6,378,725 |
11.44 |
| 2 |
Metals Centre Limited |
4,263,031 |
7.64 |
| 3 |
R.S. Jhawar (trustee) |
1,663,289 |
2.98 |
| 4 |
Williamson Magor & Co. Ltd |
10,993,019 |
19.71 |
Foreign
Promoters : |
| 1 |
Maknam McLeod Ltd.
(U.K) |
2,666,666 |
4.78 |
Persons
acting in concert : |
| |
- |
- |
- |
Institutional
Investors : |
| |
- |
- |
- |
| Mutual Funds and UTI : |
| |
- |
- |
- |
Banks,
Financial Institutions, Insurance Corporations : |
| 1 |
Life Insurance Corporation
of India |
1299448 |
2.33 |
| 2 |
General Insurance Corporation of
India |
846649 |
1.52 |
| 3 |
National Insurance Company Ltd. |
718064 |
1.29 |
| 4 |
New India Assurance Company Ltd. |
655359 |
1.17 |
|
|
TOP |
|
| Notes |
| i) Total Foreign Shareholdings |
|
|
| Flls |
1726951 |
3.1 |
| Foreign Promoters |
5398316 |
9.68 |
| Foreign Companies |
560814 |
1.01 |
| Non Resident Indians |
268320 |
0.48 |
Total |
|
14.27 |
| ii) The Company has not
issued any GDRs and ADRs. |
|
|
|
|
