Lakshmi Precision Screws Limited
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Financial Results
   31 December 2008
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LAKSHMI PRECISION SCREWS LIMITED
Regd. Office: 46/1, Mile Stone,
Hissar Road, Rohtak - 124 001 (Haryana)
Unaudited Financial Results ( Provisional)
for the Quarter/ Nine Months ended  31st December,  2008
 
(Rs. In Lacs.) 
  Standalone  Consolidated 
Particulars  Quarter Ended  Nine Months Ended  Year Ended  Year Ended 
  31.12.08 31.12.07 31.12.08 31.12.07 31.03.08 31.03.08
  Unaudited Reviewed Unaudited Reviewed Audited Audited
Domestic Sales (Net) 3718.87 3603.23 12269.76 10320.60 14338.01 16806.06
Export Sales 1527.26 1614.41 5009.12 4375.78 6363.61 6363.61
Net Sales/ Income from Operations 5246.13 5217.64 17278.88 14696.38 20701.62 23169.67
Other Operating Income 3.54 0.00 7.53 7.38 8.97 8.97
Total Income 5249.68 5217.64 17286.42 14703.76 20710.59 23178.64
Expenditure            
 a. (Increase)/ Decrease in stock            (401.55)             (326.12)             (790.79)           (693.96) (1214.53) (1270.84)
 b. Consumption of raw material 2714.01 2123.88 8159.23 5938.99 9042.43 9042.43
 c. Purchase of traded goods 0.00 0.00 0.00 0.00 0.00 0.00
 d. Employees cost 852.19 843.63 2488.08 2168.41 3059.77 3262.97
 e. Depreciation 217.83 251.85 641.59 700.36 853.35 919.53
 f. Other expenditure            
    - Sub contract charges 392.82 398.53 1365.59 1264.60 1986.89 1958.64
    - Others 863.23 1370.02 3722.86 3815.67 4931.29 6936.79
Total 4638.52 4661.79 15586.55 13194.07 18659.20 20849.52
Profit from Operations before other income, interest and exceptional Items 611.16 555.85 1699.87 1509.69 2051.39 2329.12
Other Income 19.52 49.72 39.19 114.99 357.22 371.21
Profit before interest & Exceptional Items 630.67 605.57 1739.05 1624.68 2408.61 2700.33
Interest 472.50 307.88 1141.32 833.44 1173.26 1198.39
Profit after interest but before Exceptional Items 158.18 297.69 597.74 791.24 1235.35 1501.94
Exceptional Items 0.00 0.00 0.00 0.00 0.00 0.00
Profit from ordinary activities before tax 158.18 297.69 597.74 791.24 1235.35 1501.94
Tax Expenses 56.27 101.69 235.17 294.97 463.41 566.45
Profit from ordinary activities after tax 101.91 196.00 362.57 496.27 771.94 935.49
Extraordinary items (net of tax expense) 0.00 0.00 0.00 0.00 0.00 0.00
Net Profit 101.91 196.00 362.57 496.27 771.94 935.49
Paid-up equity share capital 1094.17 1094.17 1094.17 1094.17 1094.17 1094.17
(Face value of Rs.10/- per share)            
Reserves excluding Rev. Reserve - - - - 7027.63 8154.00
Basic and diluted EPS before Extraordinary 0.93 1.79 3.31 4.54 7.06 8.55
Items (not annualised)(Rs.)            
Basic and diluted EPS after Extraordinary 0.93 1.79 3.31 4.54 7.06 8.55
Items (not annualised)(Rs.)            
Public Shareholding: 4033644 4033644 4033644 4033644 4033644  
No. of Shares            
% of Shareholding 36.86 36.86 36.86 36.86 36.86  
             
   Notes:
  1. The above results have been reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on January 24, 2009. These results are subject to limited review by the Statutory Auditors of the Company.

  2. The Company is operating only in one segment viz. Fasteners.

  3. Consolidated results are inclusive of figures in respect of subsidiary company, associate concerns and joint venture companies.

  4. Previous year's figures have been regrouped wherever considered necessary to make them comparable with those of current year.

  5. During the quarter no investor complaint was received. No complaint was pending either at the beginning or at the end of quarter.


 
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