|
Unaudited Standalone Financial Results for the Quarter ended on June 30, 2010
| |
Description |
3 months
ended
(30/06/2010) |
Corresponding
3
months
ended in
the previous
year
(30/06/2009) |
Year to date
figures for the
previous year
ended
(31/03/2010) |
| Unaudited |
Unaudited |
Audited |
| 1 |
Gross Sales/Income from operations |
25,181.22 |
24,261.39 |
101,142.92 |
|
Less: Excise Duty |
1,353.89 |
1,024.79 |
4,270.16 |
| 2 |
a) Net Sales/Income from operations |
23,827.33 |
23,236.60 |
96,872.76 |
|
b) Other Operating Income |
30.01 |
48.90 |
141.70 |
| 3 |
Total Income |
23,857.34 |
23,285.50 |
97,014.46 |
| 4 |
Expenditure |
|
|
|
| |
(a) (Increase)/Decrease in Stock-in-Trade and Work-in-Progress |
(598.42) |
(414.46) |
(2,628.56) |
|
(b) Consumption of Raw Materials |
11,340.38 |
10,625.54 |
46,593.37 |
|
(c) Purchase of Traded Goods |
3,791.21 |
3,569.88 |
15,053.52 |
|
(d) Employee Cost |
2,010.45 |
1,969.99 |
7,598.90 |
|
(e) Depreciation / Amortisation |
6 07.17 |
590.87 |
2,412.68 |
|
(f) MTM on Commodity Hedging |
4 08.33 |
- |
10.03 |
|
(g) Other Expenditure |
3,747.08 |
4,500.47 |
18,702.97 |
| |
(h)Total |
21,306.20 |
20,842.29 |
87,742.91 |
| 5 |
Profit from Operations before Other Income, Interest & Exceptional Items |
2,551.14 |
2,443.21 |
9,271.55 |
| 6 |
Other Income - Profit on Sale of Real Estate |
- |
390.00 |
703.23 |
| 7 |
Provisions no longer required written back |
62.04 |
- |
124.68 |
| 8 |
Profit before Interest & Exceptional Items |
2,613.18 |
2,833.21 |
10,099.46 |
| 9 |
Interest and Exchange fluctuation (Net) |
|
|
|
| |
a) Interest |
8 05.05 |
875.61 |
3,326.89 |
|
b) Exchange Fluctuation |
(11.80) |
53.48 |
110.93 |
| 10 |
Profit after Interest but before Exceptional Items |
1,819.93 |
1,904.12 |
6,661.64 |
| 11 |
Exceptional Items |
|
|
|
|
- Profit on Surrender of Leasehold Rights & Other Related Assets |
- |
- |
10,645.87 |
|
- Workmen Separation Cost (Refer Note 4) |
29.27 |
1 47.55 |
715.28 |
|
- Expenditure relating to Investment in Subsidiary |
- |
- |
193.01 |
| 12 |
Profit from Ordinary Activities before Tax |
1,790.66 |
1,756.57 |
16,399.22 |
| 13 |
Tax Expense |
|
|
|
|
-Current (including Wealth Tax) |
3 59.09 |
198.12 |
2,799.61 |
|
-Deferred Tax |
(83.55) |
( 75.56) |
(621.60) |
|
-Fringe Benefit Tax |
- |
29.50 |
- |
| 14 |
Net Profit from Ordinary Activities after Tax |
1,515.12 |
1,604.51 |
14,221.21 |
| 15 |
Extraordinary items (net of tax expenses Rs.) |
NIL |
NIL |
NIL |
| 16 |
Net Profit for the period / year |
1,515.12 |
1,604.51 |
14,221.21 |
| 17 |
Paid up Equity Share Capital Face Value : Rs.5/- per share. |
3,634.36 |
3,634.36 |
3,634.36 |
| 18 |
Reserves and Surplus Excluding Revaluation Reserve as per Balance Sheet of Previous accounting year |
- |
- |
58,745.87 |
| 19 |
Earning Per Share(EPS) - Rupees |
|
|
|
|
Basic and Diluted EPS for the period, for the year to date and for the previous year (not to be annualised) |
|
Basic |
2.08 |
2.21 |
19.56 |
|
Diluted |
2.08 |
2.21 |
19.56 |
| 20 |
Public Shareholding |
|
|
|
|
Number of Shares |
43,211,422 |
43,489,556 |
43,210,922 |
|
Percentage of Share Holding |
59.45 |
59.83 |
59.45 |
| 21 |
Promoters & Promoter Group Shareholding |
|
|
|
|
a) Pledged / Encumbered |
|
|
|
|
No of Shares |
3,200,000 |
22,780,028 |
9,200,000 |
|
% of the total shareholding of Promoter & Promoter Group |
10.86 |
78.02 |
31.21 |
|
% of the total share capital of the Company |
4.40 |
31.34 |
12.66 |
|
b) Non-Encumbered |
|
|
|
|
No of Shares |
26,275,838 |
6,417,676 |
20,276,338 |
|
% of the total shareholding of Promoter & Promoter Group |
89.14 |
21.98 |
68.79 |
|
% of the total share capital of the Company |
36.15 |
8.83 |
27.89 |
Notes:
| 1. |
The Company is engaged in the business of marketing of dry cell batteries, rechargeable
batteries, flashlights, packet tea, general lighting products, insect repellents and other
homecare products which come under a single business segment known as Fast Moving
Consumer Goods (FMCG). |
| |
|
| 2. |
Geographical Segment – |
| |
(Rs. Lakhs)
|
3 months ended
(30/06/2010) |
3 months ended
(30/06/2009) |
Year to date for
period ended
(31/03/2010) |
| Sales within India |
24,553.63 |
23,623.36 |
98,117.57 |
| Sales outside India |
627.59 |
638.03 |
3,025.35 |
|
| |
|
| 3. |
Investor Grievance Report - |
| |
| No. of investor grievances pending at the beginning of the quarter |
Nil |
| No. of investor grievances received during the quarter |
8 |
| No. of investor grievances replied/resolved during the quarter |
8 |
| No. of investor grievances pending at the end of the quarter |
Nil |
|
| |
|
| 4. |
Exceptional Item represents separation costs of workmen who opted for the same during
the quarter consequent to the suspension of operations at the Company’s manufacturing
facility at Hyderabad, which has been subsequently closed. |
| |
|
| 5. |
Figures of the previous quarters/periods have been regrouped / rearranged wherever
considered necessary. |
| |
|
| 6. |
The above results were reviewed by the Audit Committee and approved by the Board of
Directors of the Company at their meetings held on July 30, 2010 and subjected to a limited
review by the Statutory Auditors of the Company. |
| |
|
| |
| |
Kolkata
July 30, 2010 |
EVEREADY INDUSTRIES INDIA LTD
Suvamoy Saha
Director |
|
