| AUDITED
FINANCIAL RESULTS for the QUARTER ENDED 31st March 2000 |
| S.No |
Particulars |
For the Quarter
ended |
Year to date
|
Audited
for the Period ended 31.06.1999
(12 months) |
| 31.12.2000 |
31.12.1999 |
Period ended 31.03.2000
(9 months) |
Unaudited 31.03.1999
(9 months) |
| 1 |
2 |
3 |
4 |
5 |
| 1 |
Total Income
from Operations |
(193.04) |
(770.32) |
1176.12 |
(1203.37) |
2126.65 |
| 2 |
Total Expenditure |
137.44 |
116.24 |
315.15 |
288.56 |
350.87 |
| 3 |
Interest paid |
32.95 |
129.92 |
98.51 |
326.17 |
469.31 |
| 4 |
Gross Profit
(after interest but before Depreciation, Tax & Provision
for exceptional items) |
(363.43) |
(1016.48) |
762.46 |
(1818.10) |
1306.47 |
| 5 |
Less : Provision
for N.P.A.s / Bad Debts written off |
0.18 |
628.91 |
18.58 |
683.28 |
755.42 |
| 6 |
Prior Period
& Extraordinary Items |
9.79 |
0.00 |
9.79 |
0.00 |
0.00 |
| 7 |
Depreciation |
6.64 |
27.23 |
13.91 |
97.97 |
135.97 |
| 8 |
Add : Provision
for diminution in value of investments written back |
955.86 |
0.00 |
1377.09 |
0.00 |
0.00 |
| 9 |
Profit / (Loss) before Tax |
575.82 |
(1672.62) |
2097.27 |
(2599.35) |
415.08 |
| 10 |
Provision for
Taxation |
180.00 |
104.00 |
480.00 |
104.00 |
104.00 |
| 11 |
Profit / (Loss) after Tax |
395.82 |
(1776.62) |
1617.27 |
(2703.35) |
311.08 |
| 12 |
Balance brought
forward from previous year |
- |
- |
504.53 |
- |
508.05 |
| 13 |
Profits available
for appropriation |
- |
- |
2121.80 |
- |
819.13 |
| 14 |
Paid up Equity
Share Capital |
2297.36 |
1982.36 |
2297.36 |
1982.36 |
2297.36 |
| 15 |
Paid up Cumulative
Convertible Preference Share Capital |
0.00 |
315.00 |
0.00 |
315.00 |
0.00 |
| 16 |
Proposed Dividend |
0.00 |
0.00 |
287.17 |
0.00 |
227.37 |
| 17 |
Interim Dividend
|
0.00 |
0.00 |
229.74 |
0.00 |
0.00 |
| 18 |
Reserves Excluding
Revaluation Reserve |
12612.33 |
10800.32 |
12612.33 |
10800.32 |
11568.83 |
| 19 |
Net Worth |
14876.60 |
13056.81 |
14876.60 |
13056.81 |
13828.16 |
| 20 |
Book Value per
share ( Rs.) |
- |
- |
64.88 |
- |
60.19 |
| Notes
: |
| 1 |
Total Income from operations
include realised / unrealised profit / ( loss) from trading
activities, gain / (loss) from sale of Investments, and other
income consisting of dividend, interest etc.
|
| 2 |
Investments at cost as on 31.03.2000 were Rs. 7582.33 lacs |
| a) Quoted Investments Rs. 5943.97 lacs at cost, market value
Rs. 4413.11 lacs. |
| b) Unquoted investments Rs.1638.36 lacs at cost, valuation
as per RBI norms Rs. 754.87 lacs |
| c) The provision for diminution in value of investments as
per RBI norms has been made. |
3 |
The Provision for taxation has been made taking into account
the expected liability on the basis of financial results for
the year ending 31st March 2000.
|
| 4 |
The company did not face any problem owing to the Y2K problem
and had a smooth transition in the year 2000.
|
| 5 |
The above results were taken on record, at the meeting of
the Board of Directors of the Company held on 20th April 2000. |
