GANDHIMATHI APPLIANCES LIMITED  
REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD
KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT
UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 31.03.2009



Rs. In lakhs
Particulars 3 months ended 31/03/2009 Corresponding 3 months ended in the previous year 31/03/2008 Previous accounting year of 18 months period ended 31/12/2008

(Unaudited) (Unaudited) Audited

Rs. Rs. Rs.
1. a) Net Sales / Income from Operations 3,318.88 2,417.31 16,055.57
b) Other Operating Income - - -
Total Income 3,318.88 2,417.31 16,055.57
2. Expenditure


a. Increase/Decrease in stock in trade (202.74) 64.35 (220.72)
and work in progress


b. Consumption of raw materials, Components 1723.60 1148.09 8123.61
stores and Spares and Processing charges


c. Purchase of traded goods 273.22 125.21 943.45
d. Employees cost 170.21 129.30 765.17
e. Depreciation 29.74 31.58 170.89
f. Excise Duty 197.97 223.76 1,586.34
g. Other expenditure 837.32 601.91 3,448.46
h. Total 3,029.31 2,324.21 14,817.20
3. Profit from Operations before Other Income, Interest and


Exceptional Items (1 - 2) 289.57 93.10 1,238.37
4. Other Income 30.79 148.53 435.82
5. Profit before Interest & Exceptional Items (3 + 4) 320.36 241.63 1,674.19
6. Interest 59.19 55.37 313.74
7. Profit after Interest but before Exceptional Items (5-6) 261.17 186.26 1,360.45
8. Add: Exceptional Items - - (5.49)
9. Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) 261.17 186.26 1,354.96
10. Tax expenses


- Income Tax (88.77) (62.70) (460.55)
- Fringe Benefit Tax (0.83) (1.07) (6.40)
- Deferred Tax 7.18 (11.06) 62.13
11. Net Profit (+)/ Loss (-) from Ordinary Activities after tax (9-10) 178.76 111.43 950.14
12. Extraordinary Items (net of tax expenses) - - -
13. Net Profit (+) / Loss (-) for the period (11-12) 178.76 111.43 950.14
14. Paid-up equity share capital 963.46 568.46 963.46
(Face Value of the share Rs.10 each)


15. Reserves excluding Revaluation Reserves as - - 206.48
per balance sheet of previous accounting year


16. 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). 1.86 1.96 9.86
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). 1.86 1.96 9.86
17. Public share holding


- Number of shares 2,380,844 2,380,844 2,380,844
- Percentage of shareholding 24.71% 41.88% 24.71%
18. Promoters and promoter group share holding


a) Pledged/Encumbered


- Number of shares 2,059,957 2,059,957 2,059,957
- Percentage of shares (as a % of the total share holding of promoter and promoter group) 28.40% 62.35% 28.40%
- Percentage of shares (as a % of the total share capital of the Company) 21.38% 36.24% 21.38%
b) Non-encumbered


- Number of shares 5,193,800 1,243,800 5,193,800
- Percentage of shares (as a % of the total share holding of promoter and promoter group) 71.60% 37.65% 71.60%
- Percentage of shares (as a % of the total share capital of the Company) 53.91% 21.88% 53.91%




1. The Figures for the quarter ended on 31.03.2008 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 31.03.2009.
2. The results for the quarter ended 31st March 2009 are the 1st quarter results.
3. The operation of the Company relates to only one segment, viz., domestic appliances.
4. The number of Investor complaints received during the quarter were 10, which have been resolved / disposed of. There were no investor complaints pending at the beginning as well as end of the quarter.
5. The Company has submitted its application to Hon'ble BIFR for deregistration of its name from the list of sick companies.
6. The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30.04.2009





For GANDHIMATHI APPLIANCES LIMITED








Place: Chennai (V.M.BALASUBRAMANIAM)
Date : 30.04.2009 MANAGING DIRECTOR