Unaudited Financial Results for the Quarter / Nine Months ended on 31st December, 2006
Rs/million
 
 
Quarter ended
 
Nine Months ended
 
Financial year ended
S.no
Particulars
  (Unaudited)
 
(Unaudited)
 
(Audited)
 
 
31st December
2006
31st December
2005
31st December
2006
31st December
2005
31st March 2006
(Audited)
1 Gross sales/ Income from operations
98416.50
77562.30
283565.70
228707.40
331737.20
  Less : Excise Duty
13045.80
11397.70
37154.40
30918.00
44299.10
2  Net sales / Income from operations
85370.70
66164.60
246411.30
197789.40
287438.10
3 Interest Earned
1922.90
1071.90
5375.60
3592.60
4614.90
4 Other Income
308.00
131.90
628.60
455.00
1189.60
 5
 Total Income ( 1+2+3+4 )
87601.60
67368.40
252415.50
201837.00
293242.60
 
 
 
 
 
 
6 Expenditure
 
 
 
 
a)Increase(-)/ Decrease in stock in trade
-2273.80
-6544.50
-7401.00
-24084.00
-10210.30
b) Consumption of Raw Materials
31659.80
30875.20
90875.60
83253.20
114047.40
c) Staff cost
12273.00
9666.80
34560.40
31301.50
41566.90
d) Consumption of stores & spares
6637.50
5914.20
19279.10
16972.20
23115.80
e) Power & Fuel
6535.60
6271.30
19232.70
18364.90
24897.40
f) Other Expenditure
6222.20
6492.30
18829.90
18899.90
26017.40
 
 Total Expenditure ( a to f )
61054.30
52675.30
175376.70
144707.70
219434.60
7
 Profit before Depreciation , Interest & Tax ( 5-6 )
26547.30
14693.10
77038.80
57129.30
73808.00
8
 Interest
905.70
1086.30
2766.50
3617.70
4677.60
9
 Depreciation
3299.40
3242.60
9292.80
9031.70
12073.00
10
 Profit before tax ( 7-8-9 )
22342.20
10364.20
64979.50
44479.90
57057.40
11
 Provision for Taxation
(a) Current tax
6815.90
4555.50
22939.60
18030.70
19154.00
(b) Fringe Benefit Tax
61.00
72.40
183.00
214.40
243.30
(c) Deferrred Tax Liability / Assets( - )
751.00
-824.40
-838.70
-2862.90
-2453.70
(d) Earlier years
2.40
0.00
-308.50
0.00
-15.90
  Sub-Total ( a to d )
7630.30
3803.50
21975.40
15382.20
16927.70
12
 Net Profit after Tax ( 10-11 )
14711.90
6560.70
43004.10
29097.70
40129.70
13 Paid up Equity Share Capital
41304.00
41304.00
41304.00
41304.00
41304.00
( Face value : Rs. 10 per share )
14 Reserves (excluding revaluation reserve ) & surplus
8471.01
15 Earnings per share - Basic and Diluted ( Not Annualised ) ( Rupees )
3.56
1.59
10.41
7.04
9.72
16 Aggregate of public share holding
No. of shares
58,41,17,725
58,40,39,325
58,41,17,725
58,40,39,325
58,40,48,325
Percentage of share holding
14.14
14.14
14.14
14.14
14.14
Notes:

i) The above results for the quarter/nine months ended 31st December, 2006 have been taken on record at the Board of Directors’ meeting held on 29th January, 2007 and are subject to limited review by the statutory auditors.


ii) Pursuant to the amalgamation of the Indian Iron & Steel Company Limited (ISP), with the Company with effect from 16th February 2006, from the appointed date i.e.1st April 2005, the figures for the quarter/nine months of the previous year have been regrouped by including ISP’s figures.

iii)The Board of Directors have approved interim dividend @ 16% of the paid-up equity share capital for the financial year 2006-07. The record date for payment of interim dividend has been fixed as 3rd February, 2007.

iv)The information on investors’ complaints pursuant to clause 41 of the listing agreement for the quarter ended 31st December, 2006.


Opening Balance Received during the quarter Resolved during the quarter Closing balance
  10
 9 1
v)The figures of previous periods have been re-grouped to conform to current quarter/nine month’s classification .
 On behalf of Board of Directors

Place : New Delhi


Date : 29th January, 2007

( G. Ojha )


Director (Personnel & Finance)