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Tata Metaliks Limited
Unaudited financial results for the quarter ended 30th June 2001

(Rs. in Lakh)

Sr.
no
Particulars

Quarter ended 30th June

Quarter ended 30th June

Year ended 31st March (Audited)

2001

2000

2001

1.

Production - Foundry grade pig iron MT

31631

28819

113060

2.

Sales - Foundry grade pig iron "

33836

30199

107960

3.

Net sales / income from operations Rs.

3071

2432

9582

4.

Other income "

9

4

28

5.
Total expenditure
a) (Increase) / decrease in stock-in-trade "

120

84

(44)

b) Consumption of raw materials "

1621

1365

5201

c) Staff Cost "

121

130

469

d) Other expenditure "

597

525

2492

6
Interest "

49

79

289

7.
Depreciation "

70

65

272

8.
Profit/(Loss) before tax "

502

188

931

9.
Provision for taxation - current "

38

16

81

10.
Provision for deferred tax "

86

-

-

11.
Net Profit "

378

172

850

12.
Paid-up equity share capital (Face value Rs.10/- per share) "

2529

2529

2529

13.
Reserves excluding revaluation reserves (as per balance sheet) "

865

14.
Earning per share (Rupees) - basic / diluted (not annualised) "

1.49

0.68

3.36

15.
Aggregate of non-promoter shareholding
- Number of shares Nos.

1,34,88,008

1,34,88,008

1,34,88,008

- Percentage of shareholding %

53.34%

53.34%

53.34%

Notes

  1. The company continued to perform at improved productivity, controlled costs, and sustained efforts at customisation & service offerings to the market.
  2. The deferred tax liability computed in line with the new accounting standard AS-22 amounts to Rs. 86 lakhs for the quarter ended 30.06.2001. The net deferred tax liability relating to previous year ended 31.03.2001, amounting to Rs. 572 lakhs, has been adjusted against the reserves as on 1st April, 2001 and the reserves now stand at Rs. 293 lakhs.
  3. The second instalment of Rs. 28 on each non-convertible debenture of Rs. 85 was duly redeemed on 12.07.2001
  4. The unaudited financial results of the company for the quarter ended 30.06.2001, were taken on record by the board of directors at its meeting held on 30.07.2001
Place: Kolkata
Dated: 30 July 2001
On behalf of the Board of Directors
For Tata Metaliks Ltd.

Harsh K Jha
Managing Director
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