| Registered
Office: 9/10, Kunj Society, Alkapuri, Baroda-390007 |
UNAUDITED
FINANCIAL RESULTS (PROVISIONAL)
FOR THE QUARTER ENDED 30th
SEPTEMBER, 2003
|
|
|
| Sr.No. |
Particulars |
Quarter
ended |
|
Year
ended |
| |
|
30-09-2003 |
30-09-2002 |
30-09-2003 |
30-09-2002 |
31-03-2003 |
|
|
|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
|
|
|
|
|
|
|
|
|
1) |
Net
Sales |
5994.21 |
5895.16 |
13103.70 |
11647.25 |
24932.15 |
|
2) |
Other
Operating Income |
39.64 |
91.96 |
121.27 |
205.85 |
261.69 |
|
3) |
Other
Income |
110.87 |
122.65 |
180.65 |
166.97 |
227.70 |
|
4) |
Total
Expenditure |
5479.45 |
5327.02 |
12199.04 |
10467.39 |
22056.70 |
|
|
a. (Increase)/decrease
in stock in trade |
(747.98) |
(276.56) |
37.93 |
(497.48) |
(838.69) |
|
|
b. Consumption
of raw materials |
4018.76 |
3670.75 |
8014.80 |
7334.97 |
15242.68 |
|
|
c. Staff
cost |
516.46 |
425.30 |
902.55 |
833.36 |
1759.95 |
|
|
d. Other
expenditure |
1692.21 |
1507.53 |
3243.76 |
2796.54 |
5892.76 |
|
5) |
Interest |
259.51 |
286.30 |
549.46 |
593.63 |
1118.02 |
|
6) |
Depreciation |
201.28 |
188.78 |
396.54 |
383.47 |
773.83 |
|
7) |
Profit
before Tax |
204.48 |
307.67 |
260.58 |
575.58 |
1472.99 |
|
8) |
Provision
for taxation |
|
|
|
|
|
|
|
a. Current
tax |
47.70 |
86.00 |
60.00 |
141.00 |
287.00 |
|
|
b. Deferred
tax |
(8.60) |
9.00 |
(11.00) |
21.00 |
15.25 |
|
9) |
Profit
after tax |
165.38 |
212.67 |
211.58 |
413.58 |
1170.74 |
| 10) |
Paid up
Equity Share Capital |
|
|
|
|
|
| |
(Face Value
of Rs. 10/- each) |
575.00 |
575.00 |
575.00 |
575.00 |
575.00 |
|
11) |
Reserves
excluding revalution
reserve |
|
|
|
|
|
|
12) |
EPS
for the period (not annualised),
|
|
|
|
|
6030.26 |
| |
year to
date and for the previous year (Rs.) |
2.88 |
3.70 |
3.68 |
7.19 |
20.36 |
|
13) |
Aggregate
of Non-Promoter
Shareholding
|
|
|
|
|
|
|
|
Number
of Shares |
3288235 |
3289255 |
3288235 |
3289255 |
3289255 |
| |
Percentage
of Shareholding |
57.19 |
57.20 |
57.19 |
57.20 |
57.20 |
|
|
| |
| SEGMENT-WISE
REVENUE, RESULTS AND CAPITAL EMPLOYED |
| (Rs.
in Lacs) |
| Sr.No. |
Particulars |
Quarter
ended |
Nine
months ended |
Year
ended |
| |
|
31-12-2003 |
31-12-2002 |
31-12-2003 |
31-12-2002 |
31-03-2003 |
|
|
|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
|
1) |
Segment
Revenue : |
|
|
|
|
|
|
|
a) Inorganic
Intermidiates |
1797.25 |
1948.42 |
3897.11 |
3829.04 |
7681.05 |
|
|
b) Organic Intermediates |
3039.67 |
2835.99 |
6667.03 |
5787.82 |
12362.34 |
|
|
c) Fine &
Speciality Chemicals |
1203.99 |
1210.04 |
2673.68 |
2243.89 |
5161.06 |
|
|
Total |
6040.91 |
5994.45 |
13237.82 |
11860.75 |
25204.45 |
|
|
Less : Inter
Segment Revenue |
7.06 |
7.33 |
12.85 |
7.65 |
10.61 |
|
|
Net Sales/Income
from Operations |
6033.85 |
5987.12 |
13224.97 |
11853.10 |
25193.84 |
|
2) |
Segment
Results before Tax and Interest |
|
|
|
|
|
|
|
a) Inorganic
Intermediates |
345.94 |
460.67 |
770.16 |
837.04 |
1695.69 |
|
|
b) Organic Intermediates |
173.73 |
142.45 |
203.61 |
457.21 |
1113.59 |
|
|
c) Fine &
Speciality Chemicals |
136.67 |
169.29 |
284.73 |
269.93 |
687.71 |
|
|
Total |
656.34 |
772.41 |
1258.50 |
1564.18 |
3496.99 |
|
|
Less
: i ) Interest |
259.51 |
286.30 |
549.46 |
593.63 |
1118.02 |
|
|
ii) Other un-allocable expenditure
net of un-allocable income |
192.35 |
178.44 |
448.46 |
394.97 |
905.98 |
|
|
Total Profit
before Tax |
204.48 |
307.67 |
260.58 |
575.58 |
1472.99 |
|
3) |
Capital
Employed : |
|
|
|
|
|
|
|
a) Inorganic
Intermediates |
3455.33 |
3308.40 |
3455.33 |
3308.40 |
3538.92 |
|
|
b) Organic Intermediates |
9987.33 |
8235.81 |
9987.33 |
8235.81 |
9059.88 |
|
|
c) Fine &
Speciality Chemicals |
3153.50 |
2775.44 |
3153.50 |
2775.44 |
3099.78 |
|
|
d) Other Un-allocable |
2838.44 |
2569.04 |
2838.44 |
2569.04 |
2394.93 |
|
|
Total
: |
19434.60 |
16888.69 |
19434.60 |
16888.69 |
18093.51 |
|
|
| |
| Notes
: |
| 1) |
Previous
year's figures, wherever necessary, have been
regrouped in order to conform to this year's
classification. |
| 2) |
The
Auditors of the Company have conducted a limited
review of the results for the half year ended
30th September, 2003. |
| 3) |
There
were no investor complaints pending as at
the beginning of the quarter. The Company
has received seven complaints from the investors
during the quarter and all the complaints
were resolved during the quarter. There were
no complaints lying unresolved at the end
of the quarter. |
| 4) |
The
above unaudited financial results have been
considered and taken on record by the Board
of Directors at its meeting held on 21st October,
2003. |
| |
| |
For
DEEPAK NITRITE LIMITED |
| |
MUMBAI,
21st OCTOBER, 2003 |
| |
D.C.
MEHTA |
| |
MANAGING
DIRECTOR |
| |
|
| |
|
