UNAUDITED FINANCIAL
RESULTS FOR THE QUARTER ENDED JUNE
30, 2003 |
Rs. In Lacs |
| Sr No. |
Particulars |
Quarter ended June,2003
Unaudited |
Quarter ended June,2002
Unaudited |
Year ended
March 31, 2003
Audited |
| 1. |
Net Sales/Income from Operations |
4192 |
3212 |
14207 |
| 2. |
Other Income |
88 |
104 |
331 |
| 3. |
Total expenditure |
|
|
|
| |
a) Decrease/(Increase) in stock in trade |
87 |
8 |
(230) |
| |
b) Consumption of raw material |
1866 |
1131 |
5819 |
| |
c) Power & Fuel |
421 |
356 |
1403 |
| |
d) Staff Cost |
178 |
161 |
747 |
| |
e) Other expenditure |
607 |
530 |
2734 |
| 4. |
Interest (net) |
244 |
217 |
851 |
| 5. |
Profit before Depreciation Exceptional item
and Tax |
877 |
913 |
3214 |
| 6. |
Depreciation |
230 |
228 |
904 |
| 7. |
Profit after Depreciation |
647 |
685 |
2310 |
| 8. |
Provision for Tax |
|
|
|
| |
a) Current Year |
214 |
192 |
678 |
| |
b) Deferred Tax |
(11) |
10 |
(36) |
| |
Total |
203 |
202 |
642 |
| 9. |
Profit after Tax |
444 |
483 |
1668 |
| 10. |
Paid-up equity share capital
(Face value Rs.10/- each)
|
1464 |
1464 |
1464 |
| 11. |
Reserves excluding revaluation reserves |
|
|
|
| 12. |
Basic and Diluted Earnings per share (Rs.) |
3.03 |
3.30 |
11.40 |
| 13. |
Aggregate of Non-Promoter shareholding |
|
|
|
| |
- No. of Shares |
65,14,927 |
75,61,135 |
68,34,686 |
| |
- Percentage of shareholding |
44.49% |
51.64% |
46.68% |
| Notes :
1. The above results have been taken on record in the
meeting of the Board of Directors held on July 31, 2003.
2. The proposal to allot equity shares on a preferential
basis as approved by the members in the Extraordinary
General Meeting held on June 18, 2003 has been dropped.
3. The Company is engaged in only one line of business
namely Polyester Film.
4. The 15,000 TPA PET Film Line set up by Polyplex (Thailand)
Limited (PTL), the Company’s wholly owned subsidiary
is operating profitably with a capacity utilisation of
89% during the quarter ended June 2003. Work is progressing
speedily on the expansion programme of PTL comprising
of another Polyester Film Line of 15,000 TPA as also
a PET Chips plant with a 26,250 TPA capacity.
5. Sales for the reported quarter are net of excise duty
amounting to Rs.387 Lacs (corresponding quarter of Previous
Year Rs.314 Lacs; Previous Year Rs.1311 Lacs)
6. No investor complaint was pending at the beginning
of the quarter. Thirteen complaints were received during
the quarter ended June 2003 out of which nine were resolved
and four complaints were pending due to completion of
formalities by the investor(s) / shareholder(s).
7. Figures have been regrouped wherever necessary.
|
Place : Bangkok
Date : July 31, 2003
|
Sanjiv Saraf
Chairman |
