| UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2007 |
|
| PARTICULARS |
Three Months ended |
Three Months ended |
Year ended |
| |
30/06/2007 |
30/06/2007 |
30/06/2007 |
31/03/2007 |
31/03/2007 |
| |
Unaudited |
Unaudited |
Unaudited |
Audited |
Audited |
| |
Stand-
alone |
Consoli-dated |
Stand-alone |
Stand-
alone |
Consoli-dated |
Domestic Sales |
3,477 |
8,129 |
2,900 |
15,957 |
24,141 |
Export Sales |
632 |
632 |
671 |
2,892 |
2,892 |
Total Sales |
4,109 |
8,761 |
3,571 |
18,849 |
27,033 |
Other Income |
304 |
304 |
143 |
1,190 |
1,190 |
Total Expenditure |
|
|
|
|
|
a) |
(Increase) / Decrease in Stock in Trade |
159 |
159 |
775 |
(1,370) |
(1,370) |
b) |
Consumption of Raw materials |
2,226 |
6,425 |
2,099 |
11,163 |
18,626 |
c) |
Staff cost |
276 |
280 |
268 |
1,187 |
1,195 |
| d) |
Stores and Spares Consumption |
546 |
546 |
532 |
2,342 |
2,342 |
| e) |
Power and fuel |
660 |
660 |
644 |
2,700 |
2,700 |
f) |
Other Expenses |
172 |
174 |
235 |
778 |
781 |
Interest |
257 |
257 |
210 |
866 |
866 |
Gross Profit/(Loss) before Depreciation & Taxation |
435 |
882 |
501 |
2,373 |
3,083 |
Depreciation |
334 |
334 |
229 |
1,179 |
1,179 |
Profit Before Extraordinary Items and Tax |
101 |
548 |
202 |
1,194 |
1,904 |
Extraordinary items |
- |
- |
- |
273 |
273 |
Profit After Extraordinary Items |
101 |
548 |
202 |
921 |
1,631 |
Provision For Taxation Incl. FBT |
- |
- |
- |
111 |
111 |
Deferred Tax Liability / (Assets) |
- |
- |
- |
216 |
216 |
Net Profit/(Loss) |
101 |
548 |
202 |
594 |
1,304 |
Equity Capital |
3,323 |
3,323 |
1,473 |
3,323 |
3,323 |
Reserves (excluding Revaluation Reserve) |
|
|
|
11,122 |
11,804 |
Basic EPS |
0.31 |
1.66 |
1.39 |
3.45 |
7.58 |
Diluted EPS |
0.33 |
1.79 |
1.39 |
1.96 |
4.30 |
Aggregate of Public Shareholding |
|
|
|
|
|
|
No. of Shares |
|
|
|
|
|
|
Percentage of Shareholding |
21911534 |
21911534 |
8306380 |
21911534 |
21911534 |
| |
|
66.33% |
66.33% |
57.16% |
66.33% |
66.33% |
|
| Notes: |
1 |
The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors at the meeting held on Saturday, 28th July, 2007, subjected to a limited review by the auditors of the Company. |
2 |
There was no investor complaint pending at the beginning of the quarter. One complaint was received and resolved during the quarter. No complaint was pending at the end of the quarter. |
3 |
There was no subsidiary to be consolidated in quarter ended June'06, hence figures of that quarter are stand-alone figures. |
4 |
The entire operations of the Company relate to one segment i.e. Textiles. |
5 |
Income Tax including deferred tax will be determined and provided for at the end of the financial year. |
6 |
Exchange Rate fluctuation on account of GDR Proceeds to the extent lying in the foreign Bank account and investment in subsidiary-Soma Textile FZE shall be provided for at the end of the financial year. |
7 |
Earning Per Share (EPS) has been calculated as per Accounting Standard (AS-20) issued by the Institute of Chartered Accountants of India. |
| 8 |
Previous period figures have been regrouped and rearranged wherever necessary to facilitate comparison. |
|
For, Soma Textiles &
Industries Ltd. |
| Place: Ahmedabad |
Arvind Somany |
| Date: 28th July, 2007 |
Managing Director |
|
|
