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PUNJAB
CHEMICALS AND CROP PROTECTION LTD.
Regd. Office: SCO: 417-418, Sector-35C, Chandigarh-160
022
STANDALONE UNAUDITED
FINANCIAL RESULTS (PROVISIONAL)
FOR THE QUARTER ENDED 30th
JUNE, 2008
Sr.
No. |
Particulars |
Quarter
Ended |
Year
Ended 31st March |
| 30th
June |
30th
June |
|
|
2008(Un-Audited) |
2007(Un-Audited) |
2008
(Audited) |
|
|
|
|
|
1 |
Net
Sales/Income from Operations |
12,075
|
8,024 |
43,411 |
2 |
Other
Income |
655
|
211
|
2,533 |
3 |
Total
Income(1+2) |
12,730 |
8,235
|
45,944 |
4 |
Total
Expenditure |
|
|
|
|
a) (Increase)/Decrease
in Stock-in-Trade |
(130)
|
(129)
|
(96) |
|
b)
Consumption of Raw Materials |
5,909 |
4,620 |
18,674 |
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c)
Purchase
of traded goods
|
1,859 |
1,092
|
10,486 |
|
d) Staff
Cost
|
729 |
615
|
2,530 |
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e) Depreciation
|
210
|
189
|
781 |
|
f)
Other Expenditure |
1,943
|
1,342 |
6,726 |
|
Total
Expenditure
|
10,520
|
7,729 |
39,101 |
5 |
Interest |
758 |
335
|
2,251 |
6 |
Profit
before Taxation & Prior Period Adjustment
|
1,452
|
171 |
4,592 |
7 |
Provision
for Taxation : |
|
|
|
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a) Current Tax
|
503
|
32
|
1,410 |
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b) Deferred Tax
|
(11)
|
2
|
3 |
|
c)
Fringe Benefit Tax
|
12 |
10
|
55 |
|
d) MAT Credit Entitlement
|
-
|
26 |
175 |
|
Total
|
504
|
70
|
1,643 |
8 |
Net
Profit before Prior Period Adjustments
|
948
|
101 |
2,949 |
9 |
Prior
Period Adjustments
|
(11)
|
(4)
|
(21) |
10 |
Provision
/Write Back of Tax for earlier years
|
(62) |
- |
80 |
11 |
Net
Profit
|
875
|
97
|
3,008 |
12 |
Paid
up equity share capital
|
659
|
659
|
659 |
|
(Face
Value of Rs.10/-)
|
|
|
|
13 |
Reserves
excluding Revaluation Reserves (as per balance sheet)
|
|
|
9,621 |
14 |
Earnings
Per Share (Rs.):
|
|
|
|
|
a)Basic
|
13.27 |
1.47
|
45.62 |
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b)diluted
|
10.80 |
1.31
|
44.26 |
15 |
Aggregate
of Non-Promoter Shareholding |
|
|
|
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Number
of Shares
|
3,470,817
|
3,490,317 |
3,470,817 |
|
Percentage
of Shareholding
|
52.64
|
52.94
|
52.64 |
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NOTES
:- |
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| 1. |
The
above standalone results of the Company were reviewed
by the Audit Committee and approved by the Board
of Directors at their respective meetings held on
29TH July, 2008. The Statutory Auditors have carried
out the Limited Review of the Results for the quarter
ended 30th June, 2008. |
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| 2. |
The Company’s
Auditors had made a qualification in the Auditors’
Report on the Accounts for the Financial Year ended
31st March, 2008 and in the Limited Review Report
for the quarter ended 30th June, 2008, that the
Company has not made a provision for diminution
in the value of long term investment, the cost of
which amounts to Rs. 237.63 lacs.
The Board is of the opinion that the diminution
in the value of long term investment is not of a
permanent nature and accordingly no provision is
considered necessary. |
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| 3. |
The
Company has received the approval from the respective
Hon’ble High Courts on 21st September, 2007
for amalgamation of IA & IC Chem Pvt. Ltd. and
Pauraj Chemicals Pvt. Ltd., the wholly owned subsidiaries,
with the Company with effect from 1st April, 2006.
The results for the quarter ended 30th June, 2008
include the results of I.A. & I.C. Chem Pvt.
Ltd. and Pauraj Chemicals Pvt. Ltd. which were not
included in the corresponding quarter of last year.
Accordingly, the figures are not comparable. |
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| 4. |
Status on the Investors’ complaints as on
30.06.2008 is as under:
Complaints received: 10 , Complaints Resolved /
Replied: 10 , Pending: Nil |
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| 5. |
Previous period / year’s figures have been
regrouped, wherever necessary. |
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For
& on behalf of the |
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Board
of Directors |
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Place:
Mumbai |
SHALIL
SHORFF |
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Place:
29th July, 2008 |
MANAGING DIRECTOR |
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| Copyright
© 2006 Punjab Chemicals & Crop Protection Limited
(PCCPL) |
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