UNAUDITED FINANCIAL
RESULTS (PROVISIONAL)
FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2007 |
| |
(Rs. Lakhs) |
|
DESCRIPTION |
3 months
ended (30/09/2007) |
Corresponding
3 months
ended in
the previous year (30/09/2006) |
Year to date
figures for current period ended (30/09/2007) |
Year to date
figures for
the previous
year ended (30/09/2006) |
Previous
accounting
year ended (31/03/2007) |
|
Unaudited |
Unaudited |
Unaudited |
Unaudited |
Unaudited |
|
1. |
Gross Sales/Income from operations |
22,698.40 |
21,901.54 |
43,578.48 |
47,503.91 |
87,386.69 |
| |
Less: Excise Duty |
2,307.08 |
2,549.47 |
4,694.50 |
5,486.11 |
10,134.25 |
|
2. |
Net Sales/Income from operations |
20,391.32 |
19,352.07 |
38,883.98 |
42,017.80 |
77,252.44 |
|
3. |
Other Income |
| |
From Sale of Real Estate/Assets |
1.66 |
4.74 |
9.46 |
40.61 |
57.73 |
| |
From Operations |
33.81 |
23.61 |
75.21 |
72.49 |
240.97 |
|
4. |
Total Income |
20,426.79 |
19,380.42
|
38,968.65 |
42,130.90 |
77,551.14 |
|
5. |
Expenditure |
|
(a) |
(Increase) / Decrease in Stock-in-Trade and Work-in-Progress |
(1,065.25) |
703.95 |
(342.03) |
(1,171.93) |
4,120.54 |
|
(b) |
Consumption of Raw Materials |
12,042.32 |
10,953.69 |
22,487.99 |
24,391.96 |
42,601.60 |
|
(c) |
Purchase of Traded Goods |
2,425.87 |
1,407.53 |
3,900.36 |
2,490.39 |
4,782.03 |
|
(d) |
Employees Cost |
1,552.21 |
1,771.99 |
3,310.57 |
3,746.96 |
7,045.97 |
|
(e) |
Depreciation |
526.52 |
536.32 |
1,059.79 |
1,067.12 |
1,994.51 |
|
(f) |
Other Expenditure |
3,429.27 |
2,676.70 |
6,811.10 |
7,593.93 |
14,990.49 |
|
(g) |
Total |
18,910.94 |
18,050.18 |
37,227.78 |
38,118.43 |
75,535.14 |
|
6. |
Interest and Exchange Fluctuation (Net) |
|
(a) |
Interest |
1,256.02 |
1,033.39 |
2,533.71 |
2,072.32 |
4,033.90 |
|
(b) |
Exchange Fluctuation |
(0.48) |
19.00 |
41.32 |
46.53 |
84.22 |
|
7. |
Exceptional Items -
Provisions no longer required written back |
|
|
|
|
782.32 |
|
8. |
Profit (+)/Loss(-)
from Ordinary Activities before Tax |
260.31 |
277.85 |
(834.16) |
1,893.62 |
(1,319.80) |
|
9. |
Total Expense |
143.11 |
72.82 |
280.30 |
470.46 |
23.10 |
|
10. |
Net Profit (+)/
Loss (-) from Ordinary Activities after Tax |
117.20 |
205.03 |
(1,114.46) |
1,423.16 |
(1,342.90) |
|
11. |
Extraordinary items (net of tax expenses Rs. NIL) |
NIL |
NIL |
NIL |
NIL |
NIL |
|
12. |
Net Profit (+)/Loss
(-) for the period |
117.20 |
205.03 |
(1,114.46) |
1,423.16 |
(1,342.90) |
|
13. |
Paid up Equity Share
Capital Face Value: Rs. 5/- per share |
3,634.36 |
3,634.36 |
3,634.36 |
3,634.36 |
3,634.36 |
|
14. |
Reserve and Surplus Excluding Revaluation Reserve as per Balance Sheet of Previous accounting year |
|
|
|
|
47,024.20 |
|
15. |
Earning Per Share
(EPS)
Basic and Diluted EPS for the period, for the year to date
and for the previous year (not to be annualised) |
|
|
|
|
|
| |
Basic |
0.16 |
0.28 |
(1.53) |
1.97 |
(1.85) |
| |
Diluted |
0.16 |
0.26 |
(1.53) |
1.81 |
(1.85) |
|
16. |
Public Share holding |
|
|
|
|
|
| |
Number of Shares
|
43,260,153 |
43,118,850 |
43,260,153 |
43,118,850 |
43,193,892 |
| |
Percentage of Share
Holding |
59.52 |
59.32 |
59.52 |
59.32 |
59.42 |
|
|
TOP |
|
|
NOTES: |
| 1. |
The Company is
engaged in the business of manufacture and sale of dry cell
batteries, flashlights and packet tea as well as sale of
insect repellents which come under a single business segment
known as Fast Moving Consumer Goods (FMCG). |
| 2. |
Geographical Segment
–
| Sales within India |
Rs.
42427.79 lakhs |
| Sales outside
India |
Rs.
1150.69lakhs |
|
3 |
Investor Grievance
Report -
| No. of investor grievances
pending at the beginning of the quarter |
Nil |
| No. of investor grievances
received during the quarter |
5 |
| No. of investor grievances
replied/resolved during the quarter |
5 |
| No. of investor grievances
pending at the end of the quarter |
Nil |
|
| 4. |
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. As per advice of legal counsel, allegations
against the Company are without any firm basis and
possibilities of proceedings against the Company, succeeding
are extremely remote. Since the charges are very likely to
fail, no provision is necessary at this stage. |
| 5. |
During the quarter,
the Members of the Company have approved a Scheme of
Amalgamation of the wholly owned subsidiary, Powercell
Battery India Ltd., with the Company, effective April 1,
2007. Requisite sanction of the Hon’ble High Court at
Calcutta, of the said Scheme, is pending. |
| 6. |
Figures of the
previous periods have been regrouped/rearranged wherever
considered necessary. |
| 7. |
The above statement,
which was subject to a limited review by the Statutory
Auditors, was reviewed by the Audit Committee and approved
by the Board of Directors of the Company at its meeting held
on October 31, 2007. |
Kolkata
October 31, 2007 |
EVEREADY
INDUSTRIES INDIA LTD
Suvamoy Saha
Wholetime
Director |
|
INFORMATION IN
ADDITION TO LISTING REQUIREMENTS
COMBINED UNAUDITED FINANCIAL INFORMATION OF
EVEREADY INDUSTRIES INDIA LTD.
AND ITS WHOLLY OWNED SUBSIDIARY
POWERCELL BATTERY INDIA LTD. FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2007
|
(Rs. Lakhs) |
| |
Description |
For the 3 months
ended
30th September |
For the half year
ended
30th September |
For the Year
ended
31st March |
|
2007
Unaudited |
2006
Unaudited |
2007
Unaudited |
2006
Unaudited |
2007
Audited |
|
1. |
Gross
Sales/Income from operations |
25,158.22 |
23,947.86 |
48,069.70 |
51,391.83 |
95,352.50 |
| |
Less: Excise Duty |
2,698.41 |
2,900.76 |
5,423.45 |
6,070.65 |
11,382.24 |
|
2. |
Net Sales/Income
from operations |
22,459.81 |
21,047.10 |
42,646.25 |
45,321.18 |
83,970.26 |
|
3. |
Other Income |
43.27 |
45.28 |
106.14 |
160.12 |
1,152.67 |
|
4. |
Total Expenditure |
20,202.83 |
19,030.89 |
39,463.92 |
40,040.57 |
80,050.93 |
|
5. |
Profit/(Loss)
before Depreciation, Interest,
and Taxation |
2,300.25 |
2,061.49 |
3,288.47 |
5,440.73 |
5,072.00 |
|
6. |
Interest and
Exchange fluctuation (Net) |
1,326.35 |
1,140.38 |
2,719.95 |
2,291.64 |
4,380.07 |
|
7. |
Depreciation/
Amortisation(Net) |
643.60 |
648.97 |
1,292.37 |
1,279.50 |
2,421.82 |
|
8. |
Profit/(Loss)
before tax |
330.30 |
272.14 |
(723.85) |
1,869.59 |
(1,729.89) |
|
9. |
Taxation |
146.87 |
74.00 |
285.91 |
476.88 |
524.72 |
|
10. |
Net Profit /
(Loss) |
183.43 |
198.14 |
(1,009.76) |
1,392.71 |
(2,254.61) |
|
11. |
Earning Per Share (EPS) |
|
|
|
|
|
| |
Basic |
0.25 |
0.27 |
(1.39) |
1.93 |
(3.11) |
| |
Diluted |
0.25 |
0.25 |
(1.39) |
1.77 |
(3.11) |
Notes:
1. The above additional information were noted by the Board of Directors at its meeting on October 31, 2007.
2. Figures of the previous periods have been regrouped/rearranged wherever considered necessary.
|
|
|
|
