Shriram Pistons & Rings Ltd.

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quarterly results

As at 30th June, 2009
SHRIRAM PISTONS & RINGS LTD.
Regd. Office: 23, Kasturba Gandhi Marg, New Delhi - 110 001
Unaudited Financial Results for the Quarter ended 30th June, 2009

( Figures in Million Rs.)
PARTICULARS Quarter Ended June Year Ended March Consolidated for Year ended March
    2009 2008 2009 2009
    Reviewed Reviewed Audited Audited
1 a) Sales - Gross 1624 1633 6400 6400
- Less: Excise Duty 117 183 583 583
- Net Sales 1507 1450 5817 5817
b) Other Operating Income 11 15 88 88
Total Income 1518 1465 5905 5905
2 Expenditure
a) Increase/decrease in stock in trade and work in progress -88 -138 -13 -13
b) Purchases of products for Assembly 82 81 302 302
c) Consumption of Raw Material 347 429 1390 1390
d) Consumption of Stores Spares 202 218 860 860
e) Employees Cost 254 223 936 936
f) Depreciation 132 116 490 490
g) Other Expenditure 340 336 1290 1290
TOTAL 1269 1265 5255 5255
3 Profit before Interest & Exceptional Items (1-2) 249 200 650 650
4 Interest 50 46 202 202
5 Profit after Interest but before Exceptional Items (3-4) 199 154 448 448
6 Exceptional Items - - - -
7 Profit from Ordinary Activities before tax (5+6) 199 154 448 448
8 Tax Expense
a) Current & Deferred Tax 66 50 137 137
b) Fringe Benefit Tax 0 3 9 9
Total 66 53 146 146
9 Net Profit from Ordinary Activities after tax (7-8) 133 101 302 302
10 Extraordinary Item - - - -
11 Net Profit for the period (9-10) 133 101 302 302
12 Paid up Equity Share Capital 224 224 224 224
(Face value of share-Rs. 10 each)
13 Reserves excluding revaluation Reserves 2179 2179
14 Earning per share (Basic/Diluted) (Rs.) 5.94 4.53 13.51 13.51
15 Public shareholding
- Number of shares (Million/Nos.) 11.68 11.68 11.68 11.68
- Percentage of Shareholding (%) 52.23 52.23 52.23 52.23
16 Promoters and promoter group Shareholdings
a) Pledged / Encumbered
- Number of shares (Million/Nos.) - - - -
b) Non-encumbered
- Number of shares (Million/Nos.) 10.69 10.69 10.69 10.69
- Percentage of shares 100 100 100 100
(as a % of the total shareholding of promoter & promoter group)
- Percentage of Shares 47.77 47.77 47.77 47.77
(as a % of the total share capital of the company.)
 

Notes: 

  1. Operations in subsidiary company is insignificant. Consolidated financial results in terms of Net Sales, Net Profit and EPS remains same, as mentioned above for stand alone operations of the company.

  2. No investor complaints were received during the above quarter. Also there were no investor complaints pending at the beginning/close of the quarter.

  3. Figures of previous periods have been regrouped wherever necessary.

  4. Promoters have given a declaration that they have not pledged / encumbered any shares of the company.

  5. The above results were approved by Audit committee at its meeting of 28.07.2009 and taken on record by Board at its meeting of 28.07.2009.

Place: New Delhi
Date : 28.07.2009

(P.S. LADIWALA)
CHIEF FINANCIAL OFFICER

(A.K. TANEJA)
MANAGING DIRECTOR

 

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