GANDHIMATHI APPLIANCES LIMITED
REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD
KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT
AUDITED FINANCIAL RESUTLS FOR THE FRIST QUARTER ENDED ON 30TH SEPTEMBER 2010
      Rs. In lakhs
  Particulars Three months ended on 30/09/2010 Corresponding Three months ended in the previous year 30/09/2009 Previous accounting year of 18 months period  ended on 30.06.2010  
    (Unaudited) (Unaudited) Audited  
    Rs. Rs. Rs.  
  1.  a) Net Sales / Income from Operations 6,786.58 4,952.77 27,162.38  
       b)  Other Operating Income 0.00 0.00 0.00  
       Total Income  6,786.58 4,952.77 27,162.38  
  2.  Expenditure        
        a.  Increase/(Decrease) in stock in trade and work in progress (394.74) (325.67) 1,320.36  
        b.  Consumption of raw materials, Components 3,567.69 2,945.45 12,018.79  
             stores and Spares and Processing charges        
        c.  Purchase of traded goods 814.08 261.48 2,473.96  
        d.  Employees cost 316.24 215.33 1,319.30  
        e.  Depreciation 24.30 24.50 130.15  
         f.  Excise Duty 578.97 346.65 1,811.05  
        g.  Other expenditure 1,362.10 1,030.60 5,428.31  
        h.  Total 6,268.64 4,498.34 24,501.92  
  3. Profit from Operations before Other Income, Interest and Exceptional item (1-2) 517.94 454.43 2,660.46  
  4. Other Income 67.53 24.03 182.50  
  5. Profit before Interest & Exceptional Items (3 + 4) 585.47 478.47 2,842.96  
  6. Interest 182.11 69.01 614.17  
  7. Profit after Interest but before Exceptional Items (5-6) 403.36 409.46 2,228.79  
  8. Exceptional Items      (132.00)  
  9. Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) 403.36 409.46 2,096.79  
  10. Tax expenses        
       - Income Tax (72.60) (139.17) (1,019.87)  
       - Fringe Benefit Tax     (0.83)  
       - Deferred Tax 2.02 2.63 482.14  
  11. Net Profit (+)/ Loss (-) from Ordinary Activities after tax (9-10) 332.78 272.91 1,558.23  
  12. Extraordinary Items (net of tax expenses)   0.00    
  13. Net Profit (+) / Loss (-) for the period (11-12) 332.78 272.91 1,558.23  
  14. Paid-up equity share capital 963.46 963.46 963.46  
       (Face Value of the share Rs.10 each)        
  15. Reserves excluding Revaluation Reserves as per balance sheet        
       of previous accounting year 0.00 0.00 1,764.71  
  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. 3.45 2.83 16.17  
  b. Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year. 3.45 2.83 16.17  
  17.  Public share holding        
        - Number of shares 2,380,844 2,380,844 2,380,844  
        - Percentage of shareholding 24.71% 24.71% 24.71%  
  18. Promoters and promoter group share holding        
  a) Pledged/Encumbered         
    9634601 9634601 9634601  
      - 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% 28.40% 28.40%  
      - Percentage of shares (as a % of the total share capital of the Company) 21.38% 21.38% 21.38%  
  b) Non-encumbered        
      - Number of shares 5,193,800 5,193,800 5,193,800  
      - Percentage of shares (as a % of the total share holding of promoter and promoter group) 71.60% 71.60% 71.60%  
      - Percentage of shares (as a % of the total share capital of the Company) 53.91% 53.91% 53.91%  
       
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 3rd November, 2010.
2. The Figures for the quarter ended on 30.09.2009 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 30.09.2010.
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 42,  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.BALASUBRAMANIAM)
Date :  03.11.2010 MANAGING DIRECTOR