GANDHIMATHI APPLIANCES LIMITED
REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD
KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE THREE MONTHS ENDED 30.09.2007





Rs. In lakhs) Rs. In lakhs
Particulars 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 dd/mm/yyyy Year to date figures for the previous year ended dd/mm/yyyy Previous accounting year of 15 months ended 30/06/2007

(Unaudited) (Unaudited) Audited)/ (Unaudited)* Audited)/ (Unaudited)* (Unaudited)

Rs. Rs. Rs. Rs. Rs.
1.Net Sales/Income from Operations 2,155.82 1,282.44

6,855.41
2. Other Income 20.49 32.74

152.82
3. Total Income (1+2) 2,176.31 1,315.18 - - 7,008.23
4. Expenditure




a. Increase/decrease in stock in (11.64) 80.59

(110.30)
trade and work in progress




b. Consumption of raw materials, Components, 1,205.85 623.75

3,808.20
Stores and Spares and Processing charges




c. Purchase of traded goods 15.38 37.01

129.03
d. Employees cost 79.18 61.18

351.24
e. Depreciation 29.94 25.50

135.63
f. Excise duty 256.92 141.53

744.91
g. Other expenditure 454.35 248.06

1,477.16
h. Total 2,029.97 1,217.62

6,535.86
5. Interest 54.15 74.66

267.66
6. Add: Exceptional items - Waiver of Interest - -

126.53
7. Profit (+)/ Loss (-) from Ordinary




Activities before tax (3) - (4+5+6) 92.19 22.90

331.25
8 Tax expenses




- Income Tax 31.03


61.05
- Fringe Benefit Tax 1.30 0.56

8.75
- Deferred Tax 3.86 (2.86)

(11.28)
9. Net Profit (+)/ Loss (-) from




Ordinary Activities after tax (7-8) 55.99 25.20 - - 272.73
10. Extraordinary Items (net of tax - -

-
expenses Rs.Nil)




11. Net Profit (+)/ Loss (-) for the period 55.99 25.20

272.73
(9-10)




12. Paid-up equity share capital 568.46 568.46

568.46
(Face Value of the share Rs.10 each)




13. Reserves excluding Revaluation Reserves as



200.86
per balance sheet of previous accounting year




14. Earnings Per Share (EPS)




a. Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualized) 0.98 0.44

4.80
b.Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualized) 0.98 0.44

4.80
15. Public shareholding




- Number of shares 2,427,920 2,427,920

2,427,920
- Percentage of shareholding 42.45 42.45

42.45






1. The Figures for the quarter ended on 30.09.2006 and also for 15 months year ended 30.06.2007 have been regrouped rearranged to conform with the figures for the current quarter.
2. Previous year accounts is for the extended period upto 30th June 2007. Hence the results for the quarter ended 30th September 2007 is the first quarter results for the current year.
3. The effect of revised Accounting Standard (AS) 15 - i.e., Employees' Benefits issued by the Institute of Chartered Accountants of India will be given effect at the end of current financial year. However Employees' Benefits have been provided on the b
4. The operation of the Company relates to only one segment, viz., domestic appliances.
5. The number of Investor complaints received during the quarter were 34 and all have been resolved/disposed of, and there were no investor complaints pending at the beginning as well as end of the quarter.
6. Limited review of the financial results for the Company for the quarter ended September 30th 2007 has been carried out by the Statutory Auditors.
7. The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 31st October 2007.






Place:Chennai for GANDHIMATHI APPLIANCES LIMITED
Date: 31.10.07





(V.M.BALASURBRAMANIAM)




MANAGING DIRECTOR