GANDHIMATHI APPLIANCES LIMITED
REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD
KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE SIX MONTHS ENDED 30.09.2006
Rs.in Lakhs
    3 months   3 months   6 months   6 months   Year
s.no Particulars ended   ended   ended   ended   ended
    30.09.06   30.09.05   30.09.06   30.09.05   31.03.06
    Unaudited Unaudited Unaudited   Unaudited   Audited
1 Net Sales/Income from Operations          1,282.44               820.08            2,201.55            1,365.13           3,474.10
  (Incl. Excise Duty)                  
2 b. Interest received                       -                   24.03                        -                   24.03                           -  
  c. Other Income                32.74                 17.56                 40.32                 40.94               99.74
             1,315.18               861.67            2,241.87            1,430.10               3,573.84
  TOTAL EXPENDITURE                  
3 a. Increase/Decrease in Stock in Trade              117.60               (33.94)                 22.06               (11.28)            (105.49)
  b. Consumption of Raw Materials, Components /Stores, spares & Processing Charges              623.75               509.49            1,254.54               791.91           2,068.48
  c. Staff Cost                62.53                 55.31               113.51               107.08              224.52
  d. Excise Duty              141.53                 96.07               250.88               158.29              381.89
  e. Market Development Expenses                60.88                 29.56                 85.33                 46.59              170.22
  f. Packaging                43.91                 19.55                 76.76                 32.09              110.02
  g. Other Expenditure              141.93               104.64               260.98               191.50              480.75
4 Interest                74.66                 70.27               153.50               139.54              289.46
5 Depreciation                25.50                 25.50                 50.99                 50.98              102.58
             1,292.28               876.45            2,268.56            1,506.70               3,722.43
6 Profit (+)/(Loss) (-) before tax (1+2-3-4-5)                22.89               (14.78)               (26.68)               (76.60)                (148.59)
7 Fringe Benefit tax                  0.55                    0.63                    1.13                    0.63                       2.28
8 Income tax related to earlier year                       -                      1.05                        -                      1.05                 1.05
9 Provision for Taxation  - deferred                  2.86                 12.39                    5.31                 20.79                 8.31
10 Exceptional item - Refund of Income Tax charged earlier year                       -               33.34                        -               33.34               33.34
11 Net Profit + (Loss) (6-7--8+9+10)                25.20                 29.26               (22.50)               (24.14)                (110.26)
12 Paid-up Equity Share Capital              568.46               568.46               713.46               568.46              568.46
  (face value Rs.10/- per equity share)           #      
13 Reserves Excluding Revaluation                  
14 Reserves (As per audited Balance sheet                     200.86       200.86
  as at 31.3.2006)                  
15 Earnings per share (Not Annualised)                  
16 Aggregate of Non-promoters' share holdings                  
17 Number of Shares 2,427,920   2,427,920   2,427,920   2,427,920   2,427,920
  % of Shares                42.45                 42.45                 42.45                 42.45               42.45
1 The figures for the quarter ended on 30.09.2005 and also for six months ended 30.09.2005 have been regrouped/rearranged to conform with the figures for the current quarter/current half year.
2 The operation of the Company relates to only one segment,  viz.,  domestic appliances.
3 Number of Investors'  complaints:
I) Received during the quarter ended 3oth September, 2006 5
ii) Disposed off during the quarter ended 30th September, 2006. 5
iii) Lying unresolved as on 30th September, 2006. NIL
4 The above results for the half year ended 30th September 2006, are subject to limited review by the Statutory Auditor.
5  The above results  were taken on record by the Board of Directors at its meeting  held on  30.10.06
for GANDHIMATHI APPLIANCES LIMITED
Place : Chennai                (V.M. BALASUBRAMANIAM)
Date  :  30th October 2006.                     MANAGING DIRECTOR