LAKSHMI PRECISION SCREWS
LIMITED
Regd. Office: 46/1, Mile Stone,
Hissar Road, Rohtak - 124 001
(Haryana)
Un-audited Standalone Financial Results
for the Quarter/ Half Year Ended 30th September, 2010 |
|
(Rs. In Lacs.)
|
| |
|
|
| S.No. |
Particulars |
Quarter Ended |
Half Year Ended |
Year Ended |
| |
|
30.09.10 |
30.09.09 |
30.09.10 |
30.09.09 |
31.03.10 |
| |
|
Unaudited |
Unaudited |
Unaudited |
Unaudited |
Audited |
| |
Domestic Sales (Net) |
6212.98 |
4532.89 |
12001.24 |
8779.37 |
19328.50 |
| |
Export Sales |
1329.74 |
724.67 |
2292.01 |
1531.38 |
3469.23 |
| 1 |
Net Sales/ Income from
Operations |
7542.72 |
5257.56 |
14293.25 |
10310.75 |
22797.73 |
| 2 |
Other Operating Income |
9.08 |
9.23 |
10.79 |
13.42 |
21.83 |
| 3 |
Total Income (1+2) |
7551.80 |
5266.79 |
14304.04 |
10324.17 |
22819.56 |
| 4 |
Expenditure |
|
|
|
|
|
| |
a. (Increase)/ Decrease in stock in trade and work in progress. |
(71.91) |
141.60 |
(212.42) |
173.49
|
(311.98) |
| |
b. Consumption of raw materials
| 2981.04 |
1760.12 |
5506.85 |
3438.99 |
7731.05 |
| |
c. Purchase of traded goods |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
d. Employees cost |
1127.25 |
881.40 |
2155.43 |
1628.06 |
3773.83 |
| |
e. Depreciation |
339.90 |
307.34 |
659.94 |
602.63 |
1239.08 |
| |
f. Other expenditure |
|
|
|
|
|
| |
- Sub contract charges |
549.94 |
447.63 |
1024.86 |
907.09 |
1890.41 |
| |
- Others |
2021.13 |
1266.30 |
3846.99 |
2632.01 |
6265.33 |
| |
g. Total Expenditure(a+b+c+d+e+f) |
6947.35 |
4804.39 |
12981.65 |
9382.27 |
20587.73 |
| 5 |
Profit from Operations before other income, interest
and exceptional Items (3-4) |
604.45 |
462.40 |
1322.39 |
941.90 |
2231.82 |
| 6 |
Other Income |
111.17 |
65.90 |
157.31 |
109.67 |
274.60 |
| 7 |
Profit before interest & Exceptional Items
(5+6) |
715.62 |
528.30 |
1479.70 |
1051.57 |
2506.42 |
| 8 |
Interest |
371.08 |
449.88 |
877.22 |
857.59 |
1647.75 |
| 9 |
Profit after interest but before Exceptional Items (7-8) |
344.54 |
78.42 |
602.48 |
193.98 |
858.66 |
| 10 |
Exceptional Items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| 11 |
Profit from ordinary activities before tax
(9+10) |
344.54 |
78.42 |
602.48 |
193.98 |
858.66 |
| 12 |
Tax Expenses |
|
- Income Tax |
41.99 |
(50.80) |
156.99 |
30.83 |
484.02 |
|
- Deferred Tax |
80.24 |
76.02 |
50.28 |
35.46 |
(154.69) |
|
- Wealth Tax |
1.14 |
0.50 |
1.64 |
1.01 |
1.72 |
|
Total Tax Expenses |
123.37 |
25.72 |
208.91 |
67.30 |
331.05 |
| 13 |
Net Profit from ordinary activities after
tax(11-12) |
221.17 |
52.70 |
393.57 |
126.68 |
527.61 |
| 14 |
Extraordinary items (net of tax expense) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| 15 |
Net Profit after taxation (13-14) |
221.17 |
52.70 |
393.57 |
126.68 |
527.61 |
| 16 |
Paid-up equity share capital
(Face value of Rs.10/- per share)
|
1094.17
|
1094.17 |
1094.17 |
1094.17 |
1094.17 |
| 17 |
Reserves excluding Rev. Reserve as per balance sheet of previous year |
- |
- |
- |
- |
7656.26 |
| 18 |
Earnings Per Share (EPS) (Rs.)
a)
Basic and diluted EPS before Extraordinary
items |
2.02 |
0.48 |
3.60 |
1.16 |
4.82 |
| |
b) Basic and diluted EPS after
Extraordinary items |
2.02 |
0.48 |
3.60 |
1.16 |
4.82 |
| 19 |
Public Shareholding: |
|
|
|
|
|
| |
No. of Shares |
4031943 |
4033644 |
4031943 |
4033644 |
4031943 |
| |
% of Shareholding |
36.85 |
36.86 |
36.85 |
36.86 |
36.85 |
| 20 |
Promoters and Promoter group
Shareholding: |
|
|
|
|
|
| |
a) Pledge/ Encumbered |
|
|
|
|
|
| |
- Number of shares |
NIL |
NIL |
NIL |
NIL |
NIL |
| |
- Percentage of shares (as a %
of the total shareholding of promoter and promoter group) |
N.A. |
N.A. |
N.A. |
N.A. |
N.A. |
| |
- Percentage of shares (as a %
of the total share capital of the company) |
N.A. |
N.A. |
N.A. |
N.A. |
N.A. |
| |
b) Non-encumbered |
|
|
|
|
|
| |
- Number of shares |
6909724 |
6908023 |
6909724 |
6908023 |
6909724 |
| |
- Percentage of shares (as a %
of the total shareholding of promoter and promoter group) |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
| |
- Percentage of shares (as a %
of the total share capital of the company) |
63.15 |
63.14 |
63.15 |
63.14 |
63.15 |
Notes: - Disclosure of Balance Sheet as per clauses 41(I)(ea) of the Listing Agreement for the half year ended 30th September, 2010.
|
|
(Rs. In Lacs.) |
| Particulars |
Half Year Ended |
Year Ended |
| |
30.09.10 |
30.09.09 |
31.03.2010 |
| |
Unaudited |
Unaudited |
Audited |
| Shareholders' Funds: |
| (a) Share Capital |
1094.17 |
1094.17 |
1094.17 |
| (b) Reserves and Surplus |
8055.27 |
7348.02 |
7656.26 |
| Sub Total |
9149.44 |
8442.19 |
8750.43 |
| Loan Funds |
13195.79 |
11645.97 |
11986.06 |
| Deferred Tax Liabilities (net) |
232.54 |
336.94 |
182.25 |
| TOTAL |
22577.77
|
20425.10
|
20918.74
|
| Fixed Assets
|
6523.95
|
5778.81
|
5949.68
|
| Investments |
427.37
|
427.37
|
427.37
|
| Current Assets, Loans and Advances
|
| (a) Inventories
|
15912.51
|
13365.04
|
15478.48
|
| (b) Sundry Debtors
|
6160.96
|
4805.30
|
5353.51
|
| (c) Cash and Bank balances
|
1053.73
|
1219.11
|
971.68
|
| (d) Other Current Assets
|
233.09
|
272.22
|
198.54
|
| (e) Loans and Advances
|
2222.06
|
1625.26
|
1595.88
|
| Less: Current Liabilities and Provisions
|
| (a) Liabilities
|
9811.86
|
7063.97
|
8603.66
|
| (b) Provisions
|
157.64
|
27.30
|
470.03
|
| Miscellaneous Expenditure (Not written off or adjusted)
|
13.60
|
23.26
|
17.29
|
| Profit and Loss Account
|
- |
- |
- |
| TOTAL
|
22577.77
|
20425.10
|
20918.74
|
|
2.
|
The above Financial Results have been reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on October 30, 2010. The Statutory Auditors of the Company have carried out a limited review of the same.
|
|
3.
|
The Company is operating only in one segment viz. Fasteners.
|
|
4.
|
Previous year's figures have been regrouped/ rearranged wherever considered necessary to make them comparable with those of current year.
|
|
5.
|
During the quarter investor complaint- Opening - Nil, Received - One, Resolved - One, Closing - Nil.
|
|