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Our businesses > Tata companies > Voltas > Media releases |
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November 05, 2003
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Voltas Limited
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Unaudited
financial results (provisional))
for
the quarter/half ended 30th September, 2003
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(Rs.
in Lakhs)
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Particulars
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Three
Months
Ended
30.9.2003
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Three
Months
Ended
30.9.2002
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Six
Months
Ended
30.9.2003
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Six
Months
Ended
30.9.2002
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Year
ended
31.03.2003
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(
Audited)
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1. Net
Sales/ Income from Operations
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28869
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28340
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66870
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58787
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123041
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2. Other
Income
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403
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739
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924
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1107
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1642
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3. Total
Expenditure
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a. (
Increase)/Decrease
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in stock
in trade
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50
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(1225)
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(72)
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(772)
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168
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b. Consumption
of raw materials
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20711
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21327
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48118
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42762
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86399
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c. Staff
Cost
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3416
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3332
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6629
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6023
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12573
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d. Excise
Duty
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761
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1369
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2606
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3189
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6495
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e. Other
expenditure
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3404
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3705
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8101
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6718
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14939
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Total
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28342
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28508
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65382
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57920
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120574
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4. Interest
(Net)
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39
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12
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108
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183
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255
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5. Depreciation
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331
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360
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659
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742
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1448
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6. Profit
before tax and Extraordinary
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Income/(Expenses)
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560
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199
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1645
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1049
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2406
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7. Extraordinary
Items ( Net )
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81
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1042
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314
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500
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499
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8. Profit
before Taxation
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641
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1241
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1959
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1549
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2905
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9. Provision
for Taxation - Current
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70
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117
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175
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165
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347
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10. Debit
for Deferred Taxation
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141
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372
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335
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355
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-
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11. Net
Profit/(Loss) after tax
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430
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752
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1449
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1029
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2558
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12. Paid-up
equity share capital
(Face value Rs 10/-)
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3305
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3305
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3305
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3305
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3305
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13. Reserves
excluding revaluation reserves
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12811
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14. Basic
and Diluted Earning per share(Rs)
(*not annualised)
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*1.3
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*2.3
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*4.4
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*3.1
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*7.73
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15. Aggregate
of non - promoter shareholding
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- Number
of shares
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23910852
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24589455
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23910852
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24589455
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24589455
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- Percentage
of shareholding
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72.26%
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74.31%
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72.26%
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74.31%
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74.31%
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Notes:
- Net Extraordinary Income / (Expenses)
for the quarter ended 30th September,
2003 comprise amortization of VRS expenses
- Rs. 81 Lakhs (quarter ended 30th September,
2002 : Rs. 887 Lakhs Credit), provision
for contingencies : Rs. 225 Lakhs (quarter
ended 30th September, 2002 : Rs. Nil ),
profit on sale of property / compensation
on surrender of tenancy rights - Rs. 360
Lakhs (quarter ended 30th September, 2002
: Rs. 174 Lakhs), provision for advances
to subsidiary written back - Rs. 22 Lakhs
(quarter ended 30th September, 2002 :
Nil), profit on sale of inventory / fixed
assets of discontinued business : Rs.
5 Lakhs (quarter ended 30th September,
2002 : Nil), other expenses: Nil, (quarter
ended 30th September, 2002 : Rs. 19 Lakhs).
- The Statutory Auditors of the Company
have conducted a "Limited Review" of the
Profit and Loss Account for the three
months and six months ended 30th September,
2003.
- The above results have been taken on
record by the Board of Directors at its
Meeting held on 27th October, 2003.
- There were no investor complaints pending
as on 1st July, 2003 or 30th September,
2003. The Company received 3 investor
complaints during the current quarter
which were attended to.
Segment
report for the year ended 30th Sept, 2003
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(
Rs. In lakhs )
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Particulars
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Quarter
ended
30th sept 2003
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Quarter
ended
30th sept 2002
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Half
Year
ended
30th sept 2003
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Half
Year
ended
30th sept 2002
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Year
ended
31st mar 2003
(Audited)
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1. Segment Revenue
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a ) Segment - A
( Electro - Mechanical
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Projects and Services)
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17689
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17078
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36647
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28588
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64712
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b ) Segment - B
( Engineering Agency and Services
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2144
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1462
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3793
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2830
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6488
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c ) Segment - C
( Unitary Cooling Products for
Comfort and Commercial use )
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6827
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7201
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22409
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22196
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41820
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d ) Others
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2224
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2627
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4048
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5234
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10193
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Less : inter segment
revenue
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15
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28
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27
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61
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172
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Net Sales / Income
from Operations
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28869
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28340
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66870
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58787
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123041
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2. Segment Results
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a ) Segment - A
( Electro - Mechanical
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Projects and Services)
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889
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962
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1733
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1802
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3624
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b ) Segment - B
( Engineering Agency and Services
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692
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451
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1125
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770
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2248
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c ) Segment - C
( Unitary Cooling Products for
Comfort and Commercial use )
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(125)
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(46)
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615
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475
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155
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d ) Others
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272
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338
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456
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498
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848
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Total
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1728
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1705
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3929
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3545
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6875
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Less : i. Interest
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39
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12
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108
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183
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255
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ii. Other unallocable
expenditure
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1129
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1494
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2176
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2313
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4214
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net off unallocable
income
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Profit before Extraordinary
Items
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560
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199
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1645
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1049
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2406
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Extraordinary Income
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81
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1042
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314
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500
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499
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Profit before Tax
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641
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1241
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1959
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1549
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2905
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3. Capital Employed
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a ) Segment - A
( Electro - Mechanical Projects
and Services)
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4847
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4346
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4847
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4346
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5151
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b ) Segment - B
( Engineering Agency and Services
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1516
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1187
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1516
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1187
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1387
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c ) Segment - C
( Unitary Cooling Products for
Comfort and Commercial use )
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7969
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6002
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7969
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6002
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4800
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d ) Others
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3181
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3337
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3181
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3337
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3482
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Total
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17513
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14872
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17513
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14872
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14820
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Note:
-
Segment
A: 1. AC&R 2.PPBD 3.VIL-EMPS
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Segment
B: 1.MTD 2.TMD 3.M&CE
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Segment
C: 1.CABD 2.Hyd.Unit (Excl.Furniture)
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Others
: 1.MHBD 2.Chemicals 3.VIL-Civil 4.VIL-EP
5.PDC 6.HRDC 7.Discontinued Business
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Mumbai
Dated: 29th Oct, 2003 |
A. Soni
Managing Director
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