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financial results ::

Registered Office: 9/10, Kunj Society, Alkapuri, Baroda-390007

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE
QUARTER ENDED 30th JUNE, 2000

  (Rs. in Lacs)

Sr. No.

Particulars

Quarter ended

Previous Year Ended

   

30-06-2000

30-06-1999

31-03-2000

       

(Audited)

1.

Sales, net of Excise
4712.21
3967.70
17411.81

2.

Other Income

135.01
63.70
339.75
3. Total Expenditure
4223.40
3365.25
14903.27
 

a. (Increase)/Decrease in stock in trade

(22.52)
53.54
(151.19)
 

b. Consumption of raw materials

2594.83
2020.82
9044.34
 

c. Staff cost

389.43
331.83
1390.07
 

d. Other expenditure

1261.66
959.06
4620.05

4.

Interest

253.89
252.67
977.78

5.

Depreciation
167.24
144.20
611.31

6.

Profit before tax

202.69
269.28
1259.20

7.

Provision for taxation

-
-
132.50

8.

Profit after tax

202.69
269.28
1126.70

9.

Add/(Less) : Prior Year’s adjustment / Extraordinary items

-
-
3.63

10.

Net Profit

202.69
269.28
1130.33

11.

Paid up Equity Share Capital

574.90
574.88
574.90

12.

Reserves excluding revaluation reserve

5565.40

13.

Basic and Diluted EPS in Rs

3.53*
4.68*
19.66
* Not Annualised
  notes -

1)

Previous year's figures, where ever necessary, have been regrouped in order to conform to this year's classification.
   

2)

Provision for income tax will be determined and provided for in the full year's accounts of 2000-01.
   

3)

Substantial increase in the prices of major raw materials like Ammonia, Benzene, Toluene and Caustic / Chlorine have affected profitability for the period.
   

4)

The above unaudited financial results have been considered and taken on record by the Board of Directors at its meeting held on 29th July, 2000.
   
  BARODA, 29th JULY, 2000
  D.C. MEHTA
  MANAGING DIRECTOR
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