| GANDHIMATHI APPLIANCES LIMITED | ||||
| REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD | ||||
| KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT | ||||
| UNAUDITED FINANCIAL RESUTLS FOR THE QUARTER ENDED 30TH JUNE, 2011 | ||||
| Rs. In lakhs | ||||
| Particulars | Three months ended 30/06/2009 | Corresponding Three months ended in the previous year 30/06/2010 | Financial period of 9 months ended on 31/03/2011 | |
| (Unaudited) | (Unaudited) | (Audited) | ||
| Rs. | Rs. | Rs. | ||
| 1. a) Net Sales / Income from Operations | 6,814.65 | 4,583.00 | 22,070.48 | |
| b) Other Operating Income | 87.78 | 29.94 | 247.13 | |
| Total Income | 6,902.43 | 4,612.94 | 22,317.61 | |
| 2. Expenditure | ||||
| a. Increase/(Decrease) in stock in trade and work in progress | (13.36) | (445.56) | (1,192.07) | |
| b. Consumption of raw materials, Components stores and Spares and Processing charges | 3,310.90 | 2,633.15 | 11,420.09 | |
| c. Purchase of traded goods | 647.37 | 424.74 | 3,009.21 | |
| d. Employees cost | 442.08 | 296.13 | 1,132.52 | |
| e. Depreciation | 39.90 | 27.11 | 95.46 | |
| f. Excise Duty | 579.02 | 386.37 | 1,750.69 | |
| g. Other expenditure | 1,243.92 | 818.28 | 4,079.54 | |
| h. Total | 6,249.84 | 4,140.22 | 20,295.44 | |
| 3. Profit from Operations before Other Income, Interest and Exceptional item (1-2) | 652.59 | 472.72 | 2,022.17 | |
| 4. Other Income | 64.64 | 3.25 | 25.15 | |
| 5. Profit before Interest & Exceptional Items (3 + 4) | 717.23 | 475.97 | 2,047.32 | |
| 6. Interest | 208.25 | 152.81 | 526.24 | |
| 7. Profit after Interest but before Exceptional Items (5-6) | 508.98 | 323.15 | 1,521.09 | |
| 8. Add: Exceptional Items | - | - | 117.79 | |
| 9. Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) | 508.98 | 323.15 | 1,638.88 | |
| 10. Tax expenses | - | |||
| - Income Tax | (173.00) | (109.84) | (549.29) | |
| - Fringe Benefit Tax | - | |||
| - Excess Provision for taxation made for the previous year reversed | - | - | 437.30 | |
| - Deferred Tax | (1.42) | (3.81) | (7.76) | |
| 11. Net Profit (+)/ Loss (-) from Ordinary Activities after tax (9-10) | 334.56 | 209.50 | 1,519.13 | |
| 12. Extraordinary Items (net of tax expenses) | - | - | - | |
| 13. Appropriations: | ||||
| Proposed Dividend on Equity Share | - | - | 96.35 | |
| Tax on proposed Dividend | - | - | 16.00 | |
| 14. Net Profit (+) / Loss (-) for the period (11-12-13) | 334.56 | 209.50 | 1,406.78 | |
| 15. Paid-up equity share capital | 963.46 | |||
| (Face Value of the share Rs.10 each) | ||||
| 16. Reserves excluding Revaluation Reserves as | - | - | 3,171.48 | |
| per balance sheet of previous accounting year | ||||
| 17. 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). | 3.47 | 2.17 | 14.60 | |
| 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). | 3.47 | 2.17 | 15.77 | |
| 18. Public share holding | ||||
| - Number of shares | 3,380,044 | 2,380,044 | 3,380,044 | |
| - Percentage of shareholding | 35.08% | 24.70% | 35.08% | |
| 19. Promoters and promoter group share holding | ||||
| a) Pledged/Encumbered | ||||
| - Number of shares | 318,100 | 2,059,957 | 318,100 | |
| - Percentage of shares (as a % of the total share holding of promoter and promoter group) | 5.09% | 28.40% | 5.09% | |
| - Percentage of shares (as a % of the total share capital of the Company) | 3.30% | 21.38% | 3.30% | |
| b) Non-encumbered | ||||
| - Number of shares | 5,936,457 | 5,193,800 | 5,936,457 | |
| - Percentage of shares (as a % of the total share holding of promoter and promoter group) | 94.91% | 71.60% | 94.91% | |
| - Percentage of shares (as a % of the total share capital of the Company) | 61.62% | 53.91% | 61.62% | |
| 1. The above results, were reviewed by the Audit Committee of the Board and were approved by the Board of Directors at its meeting held on 11th August, 2011. | ||||
| 2. The Figures for the quarter ended on 30.06.2010, and for 9 months period ended on 31.03.11 have been regrouped/ rearranged to conform with the figures for the current quarter ended on 30.06.2011. | ||||
| 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 58, which have been resolved / disposed of. There were no investor complaints pending at the beginning as well as end of the quarter. | ||||
| 5. Limited Review of the above results has been carried out by the Company's Statutory Auditors and the Report forwarded to the Stock Exchanges. | ||||
| For GANDHIMATHI APPLIANCES LIMITED | ||||
| Place: Chennai | (V.M.SESHADRI) | |||
| Date : 11.08.2011 | MANAGING DIRECTOR | |||