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GANDHIMATHI
APPLIANCES LIMITED |
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REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD |
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KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT |
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UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED 30.06.2009 |
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Rs. In lakhs |
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Particulars |
Three months
ended 30/06/2009 |
Corresponding
Three months ended in the previous year 30/06/2008 |
Six months ended
30/06/2009 |
Corresponding
Six months ended in the previous year 30/06/2008 |
Previous
accounting year of 18 months period
ended 31/12/2008 |
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(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
Audited |
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Rs. |
Rs. |
Rs. |
Rs. |
Rs. |
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1.
a) Net Sales / Income from Operations |
3,623.43 |
2,117.80 |
6,942.31 |
4,535.11 |
16,055.57 |
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b) Other Operating Income |
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Total Income |
3,623.43 |
2,117.80 |
6,942.31 |
4,535.11 |
16,055.57 |
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2.
Expenditure |
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a. Increase/Decrease in stock
in trade |
(133.48) |
(41.80) |
(336.22) |
22.56 |
(220.72) |
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and work in progress |
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b. Consumption of raw
materials, Components |
1,941.70 |
1,217.31 |
3,783.76 |
2,473.25 |
8,823.15 |
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stores and Spares and Processing charges |
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c. Purchase of traded goods |
291.75 |
112.04 |
564.97 |
237.25 |
943.45 |
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d. Employees cost |
187.14 |
123.52 |
357.35 |
252.81 |
760.61 |
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e. Depreciation |
21.95 |
28.33 |
43.22 |
59.91 |
170.89 |
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f. Excise Duty |
200.57 |
183.82 |
398.54 |
407.58 |
1,586.34 |
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g. Other expenditure |
745.10 |
366.86 |
1,463.10 |
860.94 |
2,753.47 |
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h. Total |
3,254.73 |
1,990.09 |
6,274.72 |
4,314.30 |
14,817.20 |
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3. Profit from Operations before Other
Income, Interest and Exceptional item (1-2) |
368.70 |
127.71 |
667.59 |
220.81 |
1,238.37 |
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4.
Other Income |
24.52 |
45.38 |
54.46 |
193.90 |
435.82 |
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5.
Profit before Interest & Exceptional Items (3 + 4) |
393.22 |
173.09 |
722.05 |
414.72 |
1,674.19 |
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6.
Interest |
61.94 |
55.03 |
121.14 |
110.40 |
313.74 |
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7. Profit after Interest but before
Exceptional Items (5-6) |
331.27 |
118.06 |
600.91 |
304.32 |
1,360.45 |
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8.
Add: Exceptional Items |
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(5.49) |
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9. Profit (+)/ Loss (-) from Ordinary
Activities before tax (7+8) |
331.27 |
118.06 |
600.91 |
304.32 |
1,354.96 |
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10. Tax expenses |
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- Income Tax |
(112.60) |
(39.74) |
(204.25) |
(103.44) |
(460.55) |
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- Fringe Benefit Tax |
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(1.45) |
(0.83) |
(2.52) |
(6.40) |
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- Deferred Tax |
(13.05) |
(54.78) |
(5.87) |
(64.84) |
62.13 |
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11. Net Profit
(+)/ Loss (-) from Ordinary Activities after tax (9-10) |
205.61 |
22.09 |
389.97 |
133.52 |
950.14 |
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12.
Extraordinary Items (net of tax expenses) |
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- |
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13.
Net Profit (+) / Loss (-) for the period (11-12) |
205.61 |
22.09 |
389.97 |
133.52 |
950.14 |
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#VALUE! |
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#VALUE! |
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PAGE 2 |
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14.
Paid-up equity share capital |
963.46 |
568.46 |
963.46 |
568.46 |
963.46 |
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(Face Value of the share Rs.10 each) |
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15.
Reserves excluding Revaluation Reserves as |
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206.48 |
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per balance sheet of previous accounting year |
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16.
Earnings Per Share (EPS) |
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a. Basic and diluted EPS before Extraordinary
Items for the period, for the year to date and for the previous year. |
2.13 |
0.39 |
4.05 |
2.35 |
9.86 |
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b. Basic and
diluted EPS after Extraordinary items for the period, for the year to date
and for the previous year. |
2.13 |
0.39 |
4.05 |
2.35 |
9.86 |
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17.
Public share holding |
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- Number of shares |
2,380,844 |
2,427,920 |
2,380,844 |
2,427,920 |
2,380,844 |
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- Percentage of shareholding |
24.71% |
42.45% |
24.71% |
42.45% |
24.71% |
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18. Promoters and promoter group share
holding |
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a)
Pledged/Encumbered |
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9634601 |
5684601 |
9634601 |
5684601 |
9634601 |
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- Number of shares |
2,059,957 |
2,059,957 |
2,059,957 |
2,059,957 |
2,059,957 |
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- Percentage of shares (as a % of the
total share holding of promoter and promoter group) |
28.40% |
63.25% |
28.40% |
63.25% |
28.40% |
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- Percentage of shares (as a % of the
total share capital of the Company) |
21.38% |
36.24% |
21.38% |
36.24% |
21.38% |
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b) Non-encumbered |
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- Number of shares |
5,193,800 |
1,196,724 |
5,193,800 |
1,196,724 |
5,193,800 |
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- Percentage of shares (as a % of the
total share holding of promoter and promoter group) |
71.60% |
36.75% |
71.60% |
36.75% |
71.60% |
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- Percentage of shares (as a % of the
total share capital of the Company) |
53.91% |
21.05% |
53.91% |
21.05% |
53.91% |
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1. The Figures for the
quarter ended on 30.06.2008, six months ended 30.06.2008 and for 18 months
period ended on 31.12.2008 have been regrouped/ rearranged to conform with
the figures for the current quarter ended
on 30.06.2009. |
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2. The results for the
quarter ended 30th June 2009 are the 2nd quarter results. |
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3.
Necessary provision, if any will be made in the year end for doubtful debts
after review. |
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4. The operation of the Company relates to
only one segment, viz., domestic
appliances. |
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5. The number of Investor complaints received
during the quarter were 9, which have
been resolved / disposed of. There
were no investor complaints pending at the beginning as well as end of the
quarter. |
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6. The Company has
submitted its application to Hon'ble BIFR for deregistration of its name from
the list of sick companies. |
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7. The above results were reviewed by the
Audit Committee and approved by the Board of Directors at its meeting held on
30.07.2009 |
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For GANDHIMATHI APPLIANCES LIMITED |
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Place: Chennai |
(V.M.BALASUBRAMANIAM) |
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Date : 30.07.2009 |
MANAGING DIRECTOR |
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