SOLITAIRE MACHINE TOOLS LIMITED |
REGD OFFICE:107,ARUN CHAMBERS,TARDEO ROAD,MUMBAI-400034 |
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2011 |
|
|
|
(Rs. in Lakhs) |
Particulars |
3 months |
3 months |
Previous |
|
ended |
ended |
accounting |
|
|
|
year ended |
|
30.06.2011 |
30.06.2010 |
31.03.2011 |
|
unaudited |
unaudited |
Audited |
|
Reviewed |
Reviewed |
|
1. (a)Net Sales/ Income from Operations |
139.82 |
156.40 |
1060.94 |
Less: Excise duty & Sales Tax |
11.04 |
16.72 |
105.97 |
|
128.78 |
139.68 |
954.97 |
2.Expenditure |
|
|
|
a. Increase/(Decrease) in stock in |
123.57 |
15.87 |
-45.51 |
trade and work in progress |
|
|
|
b. Consumption of raw materials |
115.55 |
62.28 |
424.07 |
c. Employees cost |
30.21 |
17.09 |
102.67 |
d. Depreciation |
18.41 |
17.26 |
71.16 |
e. Other expenditure |
39.50 |
31.19 |
159.37 |
f. Total |
80.10 |
111.95 |
802.78 |
3. Profit from operation before other |
|
|
|
income,interest and Exceptional items (1-2) |
48.68 |
27.73 |
152.19 |
4.Other Income |
3.44 |
1.26 |
7.37 |
5. Profit before interest and Exceptional item(3+4) |
52.12 |
28.99 |
159.56 |
6.Interest |
1.87 |
7.21 |
20.12 |
7. Profit after interest but before Exceptional item(5-6) |
50.25 |
21.78 |
139.44 |
8.Exceptional items |
0.00 |
0.00 |
-2.79 |
9.Profit (+)/ Loss (-) from Ordinary |
|
|
|
Activities before tax (7+8) |
50.25 |
21.78 |
136.65 |
10.Tax expense |
13.16 |
6.51 |
54.65 |
11..Net Profit (+)/ Loss (-) from |
|
|
|
Ordinary Activities after tax (9-10) |
37.09 |
15.27 |
82.00 |
12.Extraordinary items (net of tax expense Rs. ) |
0.00 |
0.00 |
4.82 |
13.Net Profit(+)/ Loss(-) for the period (11-12) |
37.09 |
15.27 |
77.18 |
14.Paid-up equity share capital |
454.21 |
454.21 |
454.21 |
(Face value Rs. 10/- per share) |
|
|
|
15.Reserves excluding Revaluation |
– |
– |
476.92 |
Reserves as per Balance Sheet |
|
|
|
16. Earnings Per Share |
|
|
|
a) Basic and diluted EPS before Extraordinary items |
0.82 |
0.34 |
1.81 |
for the period, for the year to date and for the |
|
|
|
previous year (not to be annualized) |
|
|
|
b) Basic and diluted EPS after Extraordinary items |
0.82 |
0.34 |
1.70 |
for the period, for the year to date and for the |
|
|
|
previous year (not to be annualized) |
|
|
|
17. Public shareholding |
|
|
|
– Number of shares |
2554366 |
2559281 |
2554366 |
– Percentage of shareholding |
56.16 |
56.34 |
56.24 |
18. Promoter and Promoter group shareholding. |
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|
|
(a) Pledged/Encumbered |
|
|
|
– Number of Shares |
NIL |
NIL |
NIL |
– Percentage of shares(as a % of the total |
NIL |
NIL |
NIL |
shareholding of promoter and promoter group) |
|
|
|
– Percentage of shares(as a % of the total |
NIL |
NIL |
NIL |
Share Capital of the company. |
|
|
|
(b) Non-Encumbered |
|
|
|
– Number of Shares |
1991460 |
1982895.00 |
1987810 |
– Percentage of shares(as a % of the total |
100.00 |
100.00 |
100.00 |
shareholding of promoter and promoter group) |
|
|
|
– Percentage of shares(as a % of the total |
43.84 |
43.66 |
43.76 |
Share Capital of the company. |
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Note : |
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1. |
The above results were reviewed by the Audit Committee and taken on record by Board of Directors at their
meeting held on 30.07.2011 |
2. |
There were no complaints pending at the beginning of the Quarter and no complaints were received during the Quarter. There are no complaints pending at the end of Quarter. |
3. |
The quarterly results for the Quarter ended on 30.06.2011 have been reviewed by the Auditors |
4. |
Segment reporting as defined in Accounting Standard 17 is not applicable. |
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|
By order of the Board of Directors |
Place : Mumbai |
For Solitaire Machine Tools Ltd. |
Date : July 30, 2011 |
sd/- |
|
Ashok J. Sheth |