| UNAUDITED
FINANCIAL RESULTS FOR THE QUARTER ENDED 31.12.2006 |
|
| PARTICULARS |
Three
Months
ended
(Unaudited) 31/12/2006 |
Three Months
ended
(Unaudited)
31/12/2005 |
Nine
Months
ended
(Unaudited)
31/12/2006 |
Nine
Months
ended
(Unaudited)
31/12/2005 |
Year
ended
(Audited)
31/03/2006 |
| |
Stand-alone |
Consolidated |
Stand-
alone |
Stand-alone |
Consolidated |
Stand-
alone |
Stand-
alone |
Domestic Sales |
4,767 |
7,323 |
4,057 |
12,663 |
15,219 |
10,855 |
15,018 |
Export Sales |
549 |
549 |
752 |
1,971 |
1,971 |
2,346 |
3,255 |
Total Sales |
5,316 |
7,872 |
4,809 |
14,634 |
17,190 |
13,201 |
18,273 |
Other Income |
415 |
415 |
110 |
698 |
698 |
184 |
309 |
Total Expenditure |
|
|
|
|
|
|
|
a) |
(Increase) / Decrease in Stock in Trade |
(1,173) |
(1,173) |
(687) |
(1,703) |
(1,703) |
(1,176) |
(1,132) |
b) |
Consumption of Raw materials |
4,268 |
6,594 |
3,284 |
9,233 |
11,559 |
7,792 |
10,726 |
c) |
Staff cost |
278 |
278 |
271 |
833 |
833 |
800 |
1,101 |
d) |
Other Expenses |
1,458 |
1,463 |
1,325 |
4,418 |
4,423 |
3,906 |
5,169 |
Interest |
217 |
217 |
123 |
712 |
712 |
435 |
596 |
Gross Profit/(Loss) before Depreciation & Taxation |
683 |
908 |
603 |
1,839 |
2,064 |
1,628 |
2,122 |
Depreciation |
348 |
348 |
304 |
976 |
976 |
814 |
1,046 |
Profit Before Tax |
335 |
560 |
299 |
863 |
1,088 |
814 |
1,076 |
Minimum Alternate Tax |
|
|
|
|
|
|
104 |
Deferred Tax |
|
|
|
|
|
|
88 |
Net Profit/(Loss) |
335 |
560 |
299 |
863 |
1,088 |
814 |
884 |
Equity Capital |
3,323 |
3,323 |
1,473 |
3,323 |
3,323 |
1,473 |
1,473 |
Reserves (excluding Revaluation Reserve) |
|
|
|
|
|
|
4,540 |
Basic EPS |
1.15 |
1.92 |
2.06 |
2.95 |
3.72 |
5.60 |
6.08 |
Diluted EPS |
1.01 |
1.70 |
2.06 |
2.61 |
3.29 |
5.60 |
6.08 |
Aggregate of Public Shareholding |
|
|
|
|
|
|
|
|
No. of Shares |
26711634 |
26711634 |
8324418 |
26711634 |
26711634 |
8324418 |
8324418 |
|
Percentage of Shareholding |
80.86% |
80.86% |
57.28% |
80.86% |
80.86% |
57.28% |
57.28% |
|
| Notes: |
1 |
The above results have been reviewed by the Audit Committee at its meeting held on 31st January 2007 and taken on record by the Board of Directors at its meeting held on the same day, subject to Limited Review by the Auditors of the Company. |
2 |
Further the company has bagged the order worth US Dollar 5 million for the coming quarter. |
3 |
In the spree of expansion company has dedicated the production of the garments to the agency from the fabric manufactured by the company. The company expects further improvement in bottom line in the fourth coming quarter. |
4 |
SOMA TEXTILE - F.Z.E a 100% subsidiary promoted by the Company in Middle East has commenced its business activities during the quarter under review. Accordingly the financial figures of the said subsidiary were consolidated in the financial results of the |
5 |
Earning Per Share (EPS) has been calculated on the basis of Weighted Average number of shares as per Accounting Standard (AS)- 20. |
6 |
Income Tax including deferred tax will be determined and provided for at the end of the financial year. |
7 |
The entire operations of the Company relate to one Segment i.e. Textiles. |
8 |
There was no investor complaint pending at the beginning and end of the quarter. However, 2 (two) complaints received during the quarter were resolved. |
9 |
Previous period figures have been regrouped/rearranged wherever necessary to facilitate comparison. |
|
For, Soma Textiles &
Industries Ltd. |
| Place: Ahmedabad |
Arvind Somany |
| Date: 31st January, 2007 |
Managing Director |
|
|
