|
Tata
Metaliks Limited
Unaudited
financial results (Provisional) for the quarter
ended 30th June 2002
|
Sr.
no.
|
Particulars
|
Quarter
ended on 30th June |
Year
ended on 31st March
|
|
|
|
2002
|
2001
|
2002
|
|
1.
|
Production
-Foundry Grade Pig Iron
|
MT
|
33,495
|
31,881
|
131,493
|
|
2.
|
Sales
-Foundry Grade Pig Iron
|
"
|
40,428
|
34,107
|
126,333
|
|
|
|
|
3.
|
Net
Sales/ Income from operations
|
Rs.Lakhs
|
3,345
|
3,111
|
11,342
|
|
4.
|
Total
Expenditure
|
|
|
|
|
|
|
a)
(Increase) / decrease in stock in
trade
|
"
|
505
|
144
|
(431)
|
|
|
b)
Consumption of raw materials
|
"
|
1528
|
1,621
|
6,453
|
|
|
c)
Staff Cost
|
"
|
144
|
119
|
489
|
|
|
d)
Excise Duty
|
|
344
|
382
|
1,544
|
|
|
e)
Other expenditure
|
"
|
318
|
297
|
1,524
|
|
|
f)
Total expenditure (4a to 4e)
|
"
|
2,839
|
2,563
|
9,579
|
|
|
|
|
5.
|
Operating
Profit
|
"
|
506
|
548
|
1,763
|
|
6.
|
Other
Income
|
"
|
25
|
11
|
177
|
|
7.
|
Profit
from Sale of surplus raw materials
|
"
|
6
|
62
|
240
|
|
8.
|
Interest
(Net)
|
"
|
16
|
49
|
126
|
|
|
|
|
9.
|
Gross
profit after interest but before depreciation
|
|
521
|
572
|
2,054
|
|
10.
|
Depreciation
|
"
|
73
|
70
|
284
|
|
|
|
|
11.
|
Profit/(Loss)
before tax
|
"
|
448
|
502
|
1,770
|
|
12.
|
Provision
for taxation -current tax
|
"
|
164
|
38
|
390
|
|
|
-deferred
tax
|
"
|
15
|
86
|
250
|
|
|
|
|
13.
|
Net
Profit / (Loss)
|
"
|
269
|
378
|
1,130
|
|
14.
|
Balance
carried forward
|
|
-
|
-
|
186
|
|
15.
|
Paid-up
equity share capital (Face value Rs.
10/- per share)
|
|
2,529
|
2,529
|
2,529
|
|
16.
|
Reserve
excluding revaluation reserves
|
|
|
|
793
|
|
17.
|
Earnings
per share -Basic / diluted
|
Rupees
|
1.06
|
1.49
|
4.47
|
|
18.
|
Aggregate
of Non-Promoters shareholding
|
|
|
|
|
|
|
.
Number of shares
|
Nos.
|
13,488,008
|
13,488,008
|
13,488,008
|
|
|
.
Percentage of shareholding
|
%
|
53.34%
|
53.34%
|
53.34%
|
Notes
-
The outstanding
non-convertible balance of the 14% Secured
Redeemable Partly Convertible Debenture of
the Company, aggregating to Rs.673.38 lakhs
were redeemed on 12th July,2002.
-
The Company
is engaged in the manufacture of Pig Iron
which in the context of Accounting Standard-17
"Segment Reporting " issued by the Institute
of Chartered Accountants of India is considered
the only business segment. Separate geographical
segment disclosure is not necessary since
the company has only domestic sales and the
conditions prevailing in India is uniform.
-
Figures
for the previous periods have been regrouped
and reclassified to conform with the classification
of the current period, wherever necessary.
-
Provision
for current tax in this quarter has gone upto
Rs.164 lakhs as calculated under Income Tax
Act,1961, as against the tax provided under
MAT on book profit in the corresponding quarter
of the previous year at Rs.38 lakhs.
-
The Unaudited
Results of the Company has been taken on record
by the Board of Directors at its meeting held
on 27th.July,2002.
Place:
Kolkata
Dated: 27 July 2002 |
On
behalf of the Board of Directors
For Tata Metaliks Ltd.
Harsh K Jha
Managing Director
|
|
|
