| Financial Results for the Quarter
/ Year Ended 31st March, 2005 |
| |
Nine Months ended |
Quarter ended |
Year ended |
Consolidated Financial
Results |
| S.no |
Particulars |
( Unaudited ) |
( Audited ) |
( Unaudited ) |
( Audited ) |
| |
|
31st Dec.2004 |
31st Ma2005 |
31st Mar2004 |
31st March,2005 |
31st March,2004 |
31st March,2005 |
31st March,2004 |
| 1 |
Sales/ Income from operations |
220208.70 |
105486.60 |
74711.60 |
325695.30 |
248773.10 |
342568.70 |
261623.50 |
| 2 |
Less : Excise Duty |
22767.90 |
11783.30 |
6902.30 |
34551.20 |
28816.60 |
35790.90 |
29984.60 |
| |
|
197440.80 |
93703.30 |
67809.30 |
291144.10 |
219956.50 |
306777.80 |
231638.90 |
| 3 |
Other Income |
2056.40 |
815.90 |
453.40 |
2872.30 |
1372.80 |
6101.70 |
1393.70 |
| |
|
|
|
|
|
|
|
|
| |
Total Income |
199497.20 |
94519.20 |
68262.70 |
294016.40 |
221329.30 |
312879.50 |
233032.60 |
| 4 |
Total Expenditure |
|
|
|
|
|
|
|
| |
a) Increase(-)/Decrease in stock in trade |
-8093.30 |
4416.10 |
3773.30 |
-3677.20 |
4858.40 |
-5107.30 |
4726.80 |
| |
b) Consumption of Raw Materials |
63509.30 |
23870.20 |
15485.50 |
87379.50 |
62870.20 |
91087.10 |
64574.90 |
| |
c) Staff cost |
29164.20 |
8950.30 |
18592.50 |
38114.50 |
47581.80 |
45850.00 |
51476.30 |
| |
d) Consumption of stores & spares |
13795.90 |
5204.70 |
4578.90 |
19000.60 |
16778.10 |
20024.00 |
17137.20 |
| |
e) Power & Fuel |
16279.80 |
5676.10 |
5281.20 |
21955.90 |
21588.60 |
23814.70 |
23179.20 |
| |
f) Other Expenditure |
14543.90 |
5725.70 |
5093.70 |
20269.60 |
21131.10 |
23514.30 |
23252.60 |
| |
Total Expenditure |
129199.80 |
53843.10 |
52805.10 |
183042.90 |
174808.20 |
199182.80 |
184347.00 |
| 5 |
Profit before Depreciation , Interest & Tax |
70297.40 |
40676.10 |
15457.60 |
110973.50 |
46521.10 |
113696.70 |
48685.60 |
| 6 |
Interest |
4476.10 |
1574.40 |
1872.30 |
6050.50 |
9013.10 |
6523.50 |
9482.107 |
| 7 |
Depreciation |
8430.80 |
2838.70 |
2747.10 |
11269.50 |
11225.90 |
12045.00 |
11950.40 |
| |
|
|
|
|
|
|
|
|
| 8 |
Profit before tax ( 5-6-7 ) |
57390.50 |
36263.00 |
10838.20 |
93653.50 |
26282.10 |
95128.20 |
27253.10 |
| |
|
|
|
|
|
|
|
|
| 9 |
Provision for Taxation |
|
|
|
|
|
|
|
| |
- Current tax |
4552.90 |
2927.70 |
873.30 |
7480.60 |
1184.70 |
7647.10 |
1215.10 |
| |
-
Deferred tax |
11447.80 |
6995.30 |
0.00 |
18443.10 |
0.00 |
18469.00 |
70.70 |
| |
- Earlier
year's adjustments |
0.00 |
-439.90 |
-177.90 |
-439.90 |
-23.40 |
-439.80 |
-23.40 |
| 10 |
Net Profit/Loss(-) |
41389.80 |
26779.90 |
10142.80 |
68169.70 |
25120.80 |
69451.90 |
25990.70 |
| 11 |
Minority Interest |
|
|
|
|
|
4.50 |
0.60 |
| 12 |
Net Profit/Loss(-) after Minority Interest |
41389.80 |
26779.90 |
10142.80 |
68169.70 |
25120.80 |
69447.40 |
25990.10 |
| 13 |
Paid up Equity Share Capital |
41304.00 |
41304.00 |
41304.00 |
41304.00 |
41304.00 |
41304.00 |
41304.00 |
| |
( Face value : Rs. 10 per share ) |
|
|
|
|
|
|
|
| 14 |
Reserves (excluding revaluation reserve ) & surplus |
|
|
|
61762.50 |
9072.70 |
53423.20 |
165.80 |
| 15 |
Basic and Diluted Earning per share |
10.02 |
6.48 |
2.46 |
16.50 |
6.08 |
16.81 |
6.29 |
| |
( Not Annualised ) ( Rs. ) |
|
|
|
|
|
|
|
| 16 |
Aggregate of non-promoters Share holding |
|
|
|
|
|
|
|
| |
-
No. of shares |
58,57,10,260 |
58,57,10,260 |
58,57,10,260 |
58,57,10,260 |
58,57,10,260 |
|
|
| |
- Percentage of
share holding |
14.18 |
14.18 |
14.18 |
14.18 |
14.18 |
|
|
Notes :
i) The above results for the quarter/year ended 31st March 2005 were
taken on record at the Board of Directors meeting held on 25th May
2005. The audited accounts are subject
to review by the Comptroller and Auditor
General of India under section 619(4) of the Companies Act, 1956.
ii) The information on Investors' complaints pursuant to Clause 41
of the listing agreement for the quarter ended 31st March, 2005 is
: |
| Opening Balance |
Received during the quarter |
Resolved during the quarter |
Closing balance |
| |
10 |
10 |
|
iii) The Board of Directors have recommended a final
dividend of 18% on paid-up equity share capital , in addition to the
interim dividend of 15% already paid, for the financial year 2004-05,
thus taking the total dividend to 33% on paid up equity share capital
iv) The following Subsidiary, Associate and Joint Venture Companies have been considered for the purpose
of preparing Consolidated Financial Results as per Accounting Standard on (a)
Consolidated Financial Statements (AS-21),
(b) Accounting for investments in
Associates in Consolidated Financial Statements (AS-23), (c) Financial
Reporting of interests in Joint Ventures (AS-27):
Subsidiaries : 1.Indian Iron & Steel Company
Ltd.* (100%); 2. Maharashtra Elektrosmelt Ltd.* (99.12%)
Joint Ventures : 1. NTPC-SAIL Power Company (Pvt)
Ltd.** (50%) 2. Bhilai Electric Supply Company (Pvt) Ltd** (50%) 3.
Bokaro Power Supply Company (Pvt) Ltd** (50%) 4. Metaljunction Services
Limited* (50%)
5. UEC-SAIL Information Technology Ltd.** (40%) 6. Romelt-SAIL (India)
Ltd.* * (15%) 7. SAIL-
Bansal Service Centre Ltd.** (40%)
Associate : 1. Almora Magnesite Ltd.* (20%)
Note: The results of the North Bengal Dolomite Limited (50%), a joint
venture company, whose operations are under suspension, have not been
considered in the consolidated financial results .
* Based on audited accounts for 2004-05
** Based on unaudited accounts for 2004-05
. .(Figures in brackets indicate percentage shareholding of the Company
in these entities)
v) The figures of previous year have been re-grouped to conform to
current quarter/year classification. |
| On behalf of Board of Directors: |
Place : New Delhi
.Date : 25th May, 2005 |
(G. C. Daga)
Director(Finance) |