| AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 31.03.2007 |
|
| PARTICULARS |
Nine
Months
ended
31/12/2006
(Unaudited) |
Three Months
ended
31/03/2007
(Audited) |
Three
Months
ended
31/03/2006
(Audited) |
Year
ended
31/03/2007
(Audited) |
Year
ended
31/03/2006
(Audited)
|
| |
Stand-alone |
Consoli-dated |
Stand-
alone |
Consoli-dated |
Stand-alone |
Stand-
alone |
Consoli-dated |
Stand-
alone |
Domestic Sales |
11,620 |
14,176 |
4,337 |
9,965 |
4,163 |
15,957 |
24,141 |
15,018 |
Export Sales |
1,971 |
1,971 |
921 |
921 |
909 |
2,892 |
2,892 |
3,255 |
Total Sales |
13,591 |
16,147 |
5,258 |
10,886 |
5,072 |
18,849 |
27,033 |
18,273 |
Other Income |
698 |
698 |
492 |
492 |
125 |
1,190 |
1,190 |
309 |
Total Expenditure |
|
|
|
|
|
|
|
|
a) |
(Increase) / Decrease in Stock in Trade |
(1,703) |
(1,703) |
333 |
333 |
44 |
(1,370) |
(1,370) |
(1,132) |
b) |
Consumption of Raw materials |
8,190 |
10,516 |
2,973 |
8,110 |
2,934 |
11,163 |
18,626 |
10,726 |
c) |
Staff cost |
833 |
833 |
354 |
362 |
301 |
1,187 |
1,195 |
1,101 |
d) |
Other Expenses |
4,418 |
4,423 |
1,402 |
1,400 |
1,263 |
5,820 |
5,823 |
5,169 |
Interest |
712 |
712 |
154 |
154 |
161 |
866 |
866 |
596 |
Gross Profit/(Loss) before Depreciation & Taxation |
1,839 |
2,064 |
534 |
1,019 |
494 |
2,373 |
3,083 |
2,122 |
Depreciation |
976 |
976 |
203 |
203 |
232 |
1,179 |
1,179 |
1,046 |
Profit Before Extraordinary Items and Tax |
863 |
1,088 |
331 |
816 |
262 |
1,194 |
1,904 |
1,076 |
Extraordinary items |
- |
- |
273 |
273 |
- |
273 |
273 |
- |
Profit After Extraordinary Items |
863 |
1,088 |
58 |
543 |
262 |
921 |
1,631 |
1,076 |
Provision For Taxation Incl. FBT |
|
|
111 |
111 |
104 |
111 |
111 |
104 |
Deferred Tax Liability / (Assets) |
|
|
216 |
216 |
88 |
216 |
216 |
88 |
Net Profit/(Loss) |
863 |
1,088 |
(269) |
216 |
70 |
594 |
1,304 |
884 |
Equity Capital |
3,323 |
3,323 |
3,323 |
3,323 |
1,473 |
3,323 |
3,323 |
1,473 |
Reserves (excluding Revaluation Reserve) |
|
|
|
|
|
11,122 |
11,804 |
4,540 |
Basic EPS |
|
|
|
|
|
|
|
|
Diluted EPS |
5.88 |
7.41 |
(1.08) |
0.87 |
0.48 |
3.45 |
7.58 |
6.08 |
Aggregate of Public Shareholding |
2.61 |
3.29 |
(0.81) |
0.65 |
0.48 |
1.96 |
4.30 |
6.08 |
|
No. of Shares |
|
|
|
|
|
|
|
|
|
Percentage of Shareholding |
26711634 |
26711634 |
21,911,534 |
21911534 |
8324418 |
21911534 |
21911534 |
8324418 |
| |
|
80.86% |
80.86% |
66.33% |
66.33% |
57.28% |
66.33% |
66.33% |
57.28% |
|
| 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 Monday, 25th June, 2007. |
2 |
Two Complaints were received and disposed off during the Quarter. No complaints lying unresolved at the commencement and at the end of the quarter. |
3 |
The entire operations of the Company relates to one segment i.e. Textiles. |
4 |
Previous period figures have been regrouped or rearranged wherever necessary to facilitate comparison. |
5 |
SOMA TEXTILE - F.Z.E a 100% subsidiary promoted by the Company in Middle East has commenced its business activities during the year. Accordingly the financial figures of the said subsidiary were consolidated in the financial results of the Company. There was no subsidiary to be consolidated in previous financial year, hence previous financial year figures are stand-alone figures. |
6 |
Earning Per Share (EPS) has been calculated as per Accounting Standard (AS)- 20 issued by the Institute of Chartered Accountants of India (ICAI). |
7 |
Extraordinary items comprises of Exchange Rate Fluctuation on account of funds raised by GDR issue. |
|
For, Soma Textiles &
Industries Ltd. |
| Place: Ahmedabad |
Arvind Somany |
| Date: 25th June, 2007 |
Managing Director |
|
|
