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| GANDHIMATHI APPLIANCES LIMITED |
| REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD |
| KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT |
| UNAUDITED FINANCIAL RESUTLS FOR THE QUARTER ENDED 31ST MARCH, 2011 |
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Rs. In lakhs |
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| Particulars |
Three
months ended on 30/09/2010 |
Corresponding Three months ended in the previous year 31/03/2010 |
|
Corresponding Nine months ended in the previous year |
Previous accounting year of 18 months period ended 30.06.2010 |
| |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
Audited |
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Rs. |
Rs. |
Rs. |
Rs. |
Rs. |
| 1. a) Net Sales / Income from Operations |
6,631.77 |
4,919.87 |
22,070.48 |
15,637.25 |
27,162.38 |
| b) Other Operating Income |
78.00 |
21.81 |
247.13 |
69.65 |
145.75 |
| Total
Income |
6,709.77 |
4,941.68 |
22,317.61 |
15,706.90 |
27,162.38 |
| 2. Expenditure |
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| a. Increase/(Decrease) in stock in trade and work in progress |
(703.19) |
(416.04) |
(1,309.86) |
(538.58) |
1,320.36 |
| b. Consumption of raw materials, Components |
3,358.86 |
2,606.22 |
11,418.41 |
8,333.70 |
12,018.79 |
| stores and Spares and Processing
charges |
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| c. Purchase of traded goods |
1,115.19 |
755.14 |
3,009.21 |
1,484.25 |
2,473.96 |
| d. Employees cost |
474.09 |
238.01 |
1,127.76 |
675.17 |
1,319.30 |
| e. Depreciation |
38.19 |
25.67 |
97.08 |
74.10 |
130.15 |
| f. Excise Duty |
490.55 |
239.14 |
1,750.69 |
935.02 |
1,811.05 |
| g. Other expenditure |
1,272.95 |
1,027.13 |
4,087.24 |
3,163.60 |
5,428.31 |
| h. Total |
6,046.64 |
4,475.28 |
20,180.53 |
14,127.26 |
24,501.92 |
| 3. Profit from Operations before Other Income, Interest and Exceptional item (1-2) |
663.13 |
466.40 |
2,137.08 |
1,579.64 |
2,660.46 |
| 4. Other Income |
17.56 |
14.31 |
24.04 |
27.34 |
182.50 |
| 5. Profit before
Interest & Exceptional Items (3 + 4) |
680.69 |
480.71 |
2,161.12 |
1,606.98 |
2,842.96 |
| 6. Interest |
172.46 |
141.40 |
514.26 |
326.14 |
614.17 |
| 7. Profit after
Interest but before Exceptional Items (5-6) |
508.23 |
339.31 |
1,646.86 |
1,280.84 |
2,228.79 |
| 8. Exceptional Items |
|
(132.00) |
|
(132.00) |
(132.00) |
| 9.
Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) |
508.23 |
207.31 |
1,646.86 |
1,148.84 |
2,096.79 |
| 10. Tax expenses |
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| - Income Tax |
389.58 |
115.33 |
594.53 |
435.36 |
(1,019.87) |
| - Fringe Benefit Tax |
- |
- |
- |
- |
(0.83) |
| - Deferred Tax |
(26.59) |
(9.56) |
(34.76) |
(11.94) |
482.14 |
| 11.
Net Profit (+)/ Loss (-) from Ordinary Activities after tax (9-10) |
145.24 |
101.54 |
1,087.09 |
725.43 |
1,558.23 |
| 12. Extraordinary
Items (net of tax expenses) |
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- |
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| 13. Net Profit (+) /
Loss (-) for the period (11-12) |
145.24 |
101.54 |
1,087.09 |
725.43 |
1,558.23 |
| 14. Paid-up equity
share capital |
963.46 |
963.46 |
963.46 |
963.46 |
963.46 |
| (Face Value of the share Rs.10 each) |
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| 15.
Reserves excluding Revaluation Reserves as per balance sheet |
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| of previous accounting year |
- |
- |
- |
- |
1,764.71 |
| 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. |
1.51 |
1.05 |
11.28 |
7.53 |
16.17 |
| b.
Basic and diluted EPS after Extraordinary items for the period, for the year
to date and for the previous year. |
1.51 |
1.05 |
11.28 |
7.53 |
16.17 |
| 17. Public share holding |
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| - Number of shares |
3,380,044 |
2,380,044 |
3,380,044 |
2,380,044 |
2,380,044 |
| - Percentage of shareholding |
35.08% |
24.70% |
35.08% |
24.70% |
24.71% |
| 18. Promoters and
promoter group share holding |
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| a) Pledged/Encumbered |
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| - Number of shares |
318,100 |
2,059,957 |
318,100 |
2,059,957 |
2,059,957 |
| - Percentage of shares (as a % of the
total share holding of promoter and promoter group) |
5.09% |
28.40% |
5.09% |
28.40% |
28.40% |
| - Percentage of shares (as a % of the
total share capital of the Company) |
3.30% |
21.38% |
3.30% |
21.38% |
21.38% |
| b) Non-encumbered |
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| - Number of shares |
5,936,457 |
5,194,600 |
5,936,457 |
5,194,600 |
5,194,600 |
| - Percentage of shares (as a % of the
total share holding of promoter and promoter group) |
94.91% |
71.60% |
94.91% |
71.60% |
71.60% |
| - Percentage of shares (as a % of the
total share capital of the Company) |
61.62% |
53.92% |
61.62% |
53.92% |
53.91% |
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GANDHIMATHI APPLIANCES LIMITED |
| STATEMENT OF ASSETS AND LIABILITIES AS AT 31.03.2011 BEING THE FINANCIAL YEAR |
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| PARTICULARS |
FINANCIAL PERIOD ENDED AS AT 31.03.11 |
CORRESPONDING FINANCIAL YEAR ENDED AS AT 30.06.2010 |
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(Unaudited) |
(Unaudited) |
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Rs. |
Rs. |
| SHAREHOLDERS' FUNDS: |
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| (a) Capital |
963.46 |
963.46 |
| (b) Reserves and Surplus |
200.86 |
200.86 |
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| LOAN FUNDS |
7,672.30 |
6,745.50 |
| PROFIT AND LOSS ACCOUNT |
2,650.93 |
1,563.84 |
| TOTAL |
11,487.55 |
9,473.67 |
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| FIXED ASSETS |
3,021.69 |
2,454.11 |
| INVESTMENTS |
- |
- |
| CURRENT ASSETS, LOANS AND ADVANCES |
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| (a) Inventories |
4,818.09 |
2,733.02 |
| (b) Sundry Debtors |
4,301.89 |
2,896.74 |
| (c ) Cash and Bank Balance |
901.26 |
181.31 |
| (d) Others Current Assets |
- |
- |
| (e) Loans and Advances |
2,971.00 |
3,187.27 |
| Less: current Liabilities and Provisions |
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| (a) Liabilities |
3,363.30 |
1,429.26 |
| (b) Provisions |
1,836.97 |
1,188.67 |
| Deferred Tax Assets/(Liabilities) |
673.90 |
639.13 |
| MISCELLANEOUS EXPENDITURE (NOT WRITTEN OFF OR ADJUSTED) |
- |
- |
| PROFIT AND LOSS ACCOUNT |
- |
- |
| TOTAL |
11,487.55 |
9,473.67 |
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| 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 12th May, 2011. |
| 2. The Figures for the quarter ended on 31.03.2010, nine months period ended 31.3.2011 and for 18 months period ended on 30.06.10 have been regrouped/ rearranged to conform with the figures for the current quarter ended on 31.3.2011. |
| 3. The Financial year of the Company for 2010-2011 will be for nine months, i.e. from 1st July, 2010 to 31st March, 2011. |
| 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 76, which have been resolved / disposed of. There were no investor complaints pending at the beginning as well as end of the quarter. |
| 6. Limited Review of the above results has been carried out by the Company's Statutory Auditors and the Report forwarded to the Stock Exchanges. |
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| For GANDHIMATHI APPLIANCES LIMITED |
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| Place: Chennai |
(V.M.BALASUBRAMANIAM) |
| Date : 12.05.2011 |
MANAGING DIRECTOR |
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