|
Unaudited
financial results for the quarter ended
30 June, 2004
|
Rs.
in crores
|
|
Particulars
|
Quarter ended 30.06.2004
|
Corresponding quarter ended
30.06.2003
|
Previous Year ended 31.03.2004
|
|
(Audited)
|
|
1.
|
Income (incl. net interest)
|
26.59
|
20.61
|
84.11
|
|
2.
|
Provision for diminution
in value of investments, no longer
required, written back
|
-
|
-
|
6.26
|
|
|
|
|
Total Income
|
26.59
|
20.61
|
90.37
|
|
3.
|
Expenditure
|
|
|
|
|
a) Staff Cost
|
0.58
|
0.47
|
2.02
|
|
b) Net interest paid
|
0.15
|
-
|
-
|
|
c) Other Expenditure
|
0.40
|
0.33
|
2.69
|
|
|
|
|
Total Expenditure
|
1.13
|
0.80
|
4.71
|
|
4.
|
Depreciation
|
0.02
|
0.02
|
0.16
|
|
|
|
|
5.
|
Profit before tax
|
25.44
|
19.79
|
85.50
|
|
6.
|
Less: Provision for
tax (including write back of provision
for earlier years)
|
1.62
|
0.58
|
3.57
|
|
7.
|
Less: Transferred from
deferred tax assets
|
0.01
|
0.75
|
1.37
|
|
|
|
|
8.
|
Profit after tax
|
23.81
|
18.46
|
80.56
|
|
9.
|
Paid-up equity capital
(Equity Shares of Rs.10/-)
|
22.97
|
22.97
|
22.97
|
|
10.
|
Reserves (excluding
revaluation reserve)
|
|
|
379.46
|
|
11.
|
Earnings per share
for the relevant period (not annualised)
(in Rs.)
|
|
|
|
|
Basic
|
10.37
|
8.03
|
35.06
|
|
Diluted
|
10.37
|
8.03
|
35.06
|
Notes
:
- The
Companys gross income in the four quarters
fluctuates depending on the dates of receiving
dividends and realising profit on sale
of investments and hence, the results
of any particular quarter should not
be viewed as representing pro-rata
results for the full year.
- The
Company has no activities other than those
of an investment company and accordingly,
the segment reporting standard is not
applicable.
-
As intimated by the Companys Registrars,
there were no investor complaints pending
as on 1st April, 2004, and no investor
complaint was received during the quarter
ended 30th June, 2004.
- The
Statutory Auditors of the Company have
conducted a "Limited Review"
of the Financial Results for the quarter
ended 30th June, 2004.
- Previous
periods figures have been regrouped /
restated wherever necessary.
The
above results were reviewed by the Audit
Committee and thereafter taken on record
by the Board of Directors at its meeting
held on 26th July, 2004.
|
