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GANDHIMATHI APPLIANCES LIMITED |
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REGD.OFFICE: 143, VANDALUR-KELAMBAKKAM ROAD |
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KELAMBAKKAM - 603 103, KANCHEEPURAM DISTRICT |
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AUDITED FINANCIAL RESUTLS FOR THE FRIST QUARTER
ENDED ON 30TH SEPTEMBER 2010 |
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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 30/09/2009 |
Previous
accounting year of 18 months period
ended on 30.06.2010 |
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(Unaudited) |
(Unaudited) |
Audited |
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Rs. |
Rs. |
Rs. |
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1. a) Net Sales / Income from Operations |
6,786.58 |
4,952.77 |
27,162.38 |
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b)
Other Operating Income |
0.00 |
0.00 |
0.00 |
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Total
Income |
6,786.58 |
4,952.77 |
27,162.38 |
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2. Expenditure |
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a.
Increase/(Decrease) in stock in trade and work in progress |
(394.74) |
(325.67) |
1,320.36 |
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b.
Consumption of raw materials, Components |
3,567.69 |
2,945.45 |
12,018.79 |
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stores and Spares and Processing
charges |
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c.
Purchase of traded goods |
814.08 |
261.48 |
2,473.96 |
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d.
Employees cost |
316.24 |
215.33 |
1,319.30 |
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e.
Depreciation |
24.30 |
24.50 |
130.15 |
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f.
Excise Duty |
578.97 |
346.65 |
1,811.05 |
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g.
Other expenditure |
1,362.10 |
1,030.60 |
5,428.31 |
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h.
Total |
6,268.64 |
4,498.34 |
24,501.92 |
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3. Profit from
Operations before Other Income, Interest and
Exceptional item (1-2) |
517.94 |
454.43 |
2,660.46 |
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4. Other Income |
67.53 |
24.03 |
182.50 |
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5. Profit before
Interest & Exceptional Items (3 + 4) |
585.47 |
478.47 |
2,842.96 |
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6. Interest |
182.11 |
69.01 |
614.17 |
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7. Profit after
Interest but before Exceptional Items (5-6) |
403.36 |
409.46 |
2,228.79 |
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8. Exceptional Items |
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(132.00) |
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9.
Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) |
403.36 |
409.46 |
2,096.79 |
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10. Tax expenses |
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- Income Tax |
(72.60) |
(139.17) |
(1,019.87) |
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- Fringe Benefit Tax |
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(0.83) |
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- Deferred Tax |
2.02 |
2.63 |
482.14 |
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11.
Net Profit (+)/ Loss (-) from Ordinary Activities after tax (9-10) |
332.78 |
272.91 |
1,558.23 |
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12. Extraordinary
Items (net of tax expenses) |
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0.00 |
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13. Net Profit (+) /
Loss (-) for the period (11-12) |
332.78 |
272.91 |
1,558.23 |
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14. Paid-up equity
share capital |
963.46 |
963.46 |
963.46 |
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(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 |
0.00 |
0.00 |
1,764.71 |
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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. |
3.45 |
2.83 |
16.17 |
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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 |
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17. Public share holding |
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- Number of shares |
2,380,844 |
2,380,844 |
2,380,844 |
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- Percentage of shareholding |
24.71% |
24.71% |
24.71% |
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18. Promoters and
promoter group share holding |
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a) Pledged/Encumbered |
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9634601 |
9634601 |
9634601 |
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- Number of shares |
2,059,957 |
2,059,957 |
2,059,957 |
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- Percentage of shares (as a % of the
total share holding of promoter and promoter group) |
28.40% |
28.40% |
28.40% |
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- Percentage of shares (as a % of the
total share capital of the Company) |
21.38% |
21.38% |
21.38% |
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b) Non-encumbered |
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- Number of shares |
5,193,800 |
5,193,800 |
5,193,800 |
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- Percentage of shares (as a % of the
total share holding of promoter and promoter group) |
71.60% |
71.60% |
71.60% |
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- Percentage of shares (as a % of the
total share capital of the Company) |
53.91% |
53.91% |
53.91% |
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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 3rd November, 2010. |
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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. |
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3. The operation of the Company relates to
only one segment, viz., domestic
appliances. |
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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. |
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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. |
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For GANDHIMATHI APPLIANCES LIMITED |
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Place: Chennai |
(V.M.BALASUBRAMANIAM) |
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Date : 03.11.2010 |
MANAGING DIRECTOR |
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