Lakshmi Precision Screws Limited
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Financial Results
   31 December 2006
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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,  2006
 
(Rs. In Lacs.)
Particulars  
Quarter Ended Nine Months Ended Year Ended
31.12.06
31.12.05 31.12.06 31.12.05 31.03.06
  Unaudited Reviewed Unaudited Reviewed Audited
Domestic Sales (Net) 3378.52 2839.75 9196.96 7971.26 10900.02
Export Sales 1548.06 1584.60 4761.01 4008.92 5775.12
Net Sales/ Income from Operations 4926.58 4424.35 13957.97 11980.18 16675.14
Other Income 78.35 25.68 127.63 67.38 87.21
Total Income 5004.93 4450.03 14085.60 12047.56 16762.35
Total Expenditure 4362.75 3859.65 12175.88 10514.11 14549.29
a) (Increase)/ Decrease in stock (52.49) (60.18) (645.83) (350.03) (275.97)
b) Consumption of raw material 1674.65 1535.31 4982.69 4540.27 5743.83
c) Staff cost 627.85 607.14 1776.49 1631.42 2178.57
d) Other expenditure          
- Sub contract charges 597.04 594.85 1693.03 1568.32 2191.60
- Others 1515.70 1182.53 4369.50 3124.13 4711.26
Interest 158.37 179.09 574.73 527.51 718.09
Depreciation 198.00 156.50 591.43 441.83 617.94
Profit before tax 285.81 254.79 743.56 564.11 877.03
Provision for taxation
- Current
101.58 100.13 308.10 241.71 333.37
- FBT 6.85 15.76 21.95 28.29 44.50
- Deferred (22.96) (14.44) (74.13) (51.82) (24.02)
Net Profit 200.34 153.34 487.64 345.93 523.18
Paid-up equity share capital
1004.17
1004.17 1004.17 1004.17 1004.17
Reserves excluding Rev. Reserve - - - - 5108.88
Basic and diluted EPS
(not annualised) (Rs.) (Face value of Rs.10/- per share)

2.00
1.53 4.86 3.44 6.60
Aggregate of Non-Promoters          
Shareholding:
No. of Shares

3133644 3133644 3133644 3133644 3133644
% of Non-promoters Shareholding
31.21 31.21 31.21 31.21 31.21
Notes:
  1. The above financial results as reviewed by the Audit Committee were taken on record by the Board of Directors in their meeting held on 13th January, 2007 subject to limited review by the statutory auditors.
  2. The Company is operating only in one segment viz. Fasteners.
  3. EPS of previous year has been recast as per Accounting Standard 20 of ICAI, New Delhi.
  4. Previous year figures have been re-grouped wherever considered necessary to make them comparable with that of current year.
  5. During the quarter four investor complaints were received, which were promptly attended to by the Company. No complaint was pending either at the beginning or at the end of the quarter.
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