UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2008
Distribution of Shareholding
for the quarter ended 30th June, 2008
| UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE, 2008 | ||||
Rs.in
lacs |
||||
Quarter
Ended |
Year
Ended |
|||
30.06.2008 (Unaudited) |
30.06.2007 (Unaudited) |
31.03.2008 (Audited) |
||
| 1 | Net sales/income from operations | 7814 | 8056 | 32142 |
| 2 | Other income | 157 | 356 | 705 |
| 3 | Total income (1+2) | 7971 |
8412 |
32847 |
| 4 | Expenditure | |||
| (a) (Increase) in stock-in-trade | (712) | (835) | (866) | |
| (b)Consumption of raw materials, components, packing materials & processing charges | 3518 | 3306 | 12535 | |
| (c) Purchase of traded goods | - | - | - | |
| (d) Consumption of stores and spares | 878 | 850 | 3190 | |
| (e) Employee cost | 1378 | 1284 | 5373 | |
| (f) Foreign exchange loss on borrowings | 407 | - | - | |
| (f) Depreciation | 526 | 460 | 1797 | |
| (g) Other expenditure | 1454 | 1392 | 5091 | |
| (h) Total | 7449 |
6457 |
27120 |
|
| 5 | Interest (net) | 154 | 150 | 543 |
| 6 | Exceptional items | - | - | - |
| 7 | Profit from ordinary activities before tax (3)-(4+5+6) | 368 | 1805 | 5184 |
| 8 | Tax Expenses | |||
| - current (net) | 100 | 596 | 1650 | |
| - deferred | 12 | 20 | 98 | |
| - fringe benefit tax | 25 | 20 | 85 | |
| - Total | 137 | 636 | 1833 | |
| 9 | Net Profit from ordinary activities after tax (7- (7-8) | 231 |
1169 | 3351 |
| 10 | Extra ordinary items (Net of tax expense) | - |
- |
- |
| 11 | Net profit for the period (9-10) | 231 | 1169 | 3351 |
| 12 | Paid-up equity share capital | 969.23 |
969.23 | 969.23 |
| (Face value per share : Rs.2/-) | ||||
| 13 | Reserves excluding revaluation reserves as per balance sheet of previous accounting year | - |
- |
17093 |
| 14 | Earnings Per share (EPS) a. Basic and diluted EPS before extraordinary items for the quarter, for nine months and for the previous year (not annualised) (Rs.) |
0.48 |
2.41 |
6.92 |
| b. Basic and diluted EPS after extraordinary items for the quarter, for nine months and for the previous year (not annualised) (Rs.) | 0.48 |
2.41 |
6.92 |
|
| 15 | Public shareholding | |||
| -Number of shares | 12797726 |
11587608 |
12797726 |
|
| -Percentage of shareholding | 26.41 |
23.91 |
26.41 |
|
| 1. | The above results were reviewed by the Audit committee at their meeting held on 31st July,2008 and were approved at the meeting of the Board of Directors held on the same day.These results have been subjected to a LImited Review by the Statutory auditors of the company. | |||
| 2. |
As the company's activity falls within a single segment viz. bearings
and the sales substantially being in the domestic market, the disclosure
requirements of Accounting Standard 17 " Segment Reporting",
issued by the Institute of Chartered Accountants of India is not applicable. |
|||
| 3. | Other income includes foreign exchange gain representing exchange differences arising on foreign currency borrowings (quarter ended 30.06.2007:Rs.247 lacs; year ended 31.03.2008:Rs.145 lacs). | |||
| 4. | Figures
for the previous periods have been regrouped/restated where necessary. |
|||
| 5. | Number of investor complaints - (a) pending at the beginning of the quarter - nil; (b) received during the quarter -nil; (c) attended during the quarter -nil; and (d) pending at the end of the quarter-nil. | |||
Place : Mumbai Date:31.07.2008 |
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R B B E A R I N G S L I M I T E D |
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