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SRI NACHAMMAI COTTON MILLS LIMITED Regd. Office: 30, Sugavaneswara
Road, Balaji Nagar, Salem - 636 004. AUDITED FINANCIAL RESULTS FOR THE YEAR
ENDED 30TH JUNE, 2010. |
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SL.NO |
PARTICULARS |
(Rs. In Lakhs) |
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3
MONTHS ENDED 30.06.2010 |
CORRES-
PONDING 3 MONTHS ENDED IN THE PREVIOUS YEAR 30.06.2009 |
YEAR TO
DATE FIGURES FOR CURRENT PERIOD
ENDED 31.03.2010 |
CURRENT YEAR ENDED 30.06.2010 |
PREVIOUS ACCOUNTING
YEAR ENDED 30.06.2009 |
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|
(AUDITED) |
(AUDITED) |
(AUDITED) |
(AUDITED) |
(AUDITED) |
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|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
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1 |
(a) Net Sales / Income from Operations (b) Other Operating Income |
3,423.91 -- |
2,295.23 -- |
8,088.44 -- |
11,512.35 -- |
8,006.06 -- |
|
3,423.91 |
2,295.23 |
8,088.44 |
11,512.35 |
8,006.06 |
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2 |
Expenditure a)
Increase
(-) / Decrease (+) in Stock in Trade and Work in progress b)
Consumption
of Raw Materials c)
Purchase
of traded goods d)
Employees
Cost e)
Depreciation f)
Other
Expenditure g)
Total |
(116.60) 1,985.72 495.45 258.46 62.07 362.80 3,047.90 |
334.36 1,158.04 215.00 164.86 53.47 197.07 2,122.80 |
57.27 4,810.44 935.41 620.87 154.67 930.79 7,509.45 |
(59.33) 6,796.16 1,430.86 879.33 216.74 1,293.59 10,557.35 |
281.22 5,072.37 920.38 704.33 198.31 861.49 8,038.10 |
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3 |
Profit from Operations before Other Income, Interest & Exceptional Items (1-2) |
376.01 |
172.43 |
578.99 |
955.00 |
(32.04) |
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4 |
Other
Income |
(14.55) |
5.62 |
130.48 |
115.93 |
21.05 |
|
5 |
Profit
before Interest & Exceptional Items (3+4) |
361.46 |
178.05 |
709.47 |
1,070.93 |
(10.99) |
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6 |
Interest |
112.44 |
86.43 |
337.06 |
449.50 |
411.49 |
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7 |
Profit
after Interest but before Exceptional Items (5-6) |
249.02 |
91.62 |
372.41 |
621.43 |
(422.48) |
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8 |
Exceptional
Items |
3.14 |
-- |
-- |
3.14 |
-- |
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9 |
Profit
(+) / Loss (-) from Ordinary Activities before tax (7+8) |
252.16 |
91.62 |
372.41 |
624.57 |
(422.48) |
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10 |
Tax
Expenses |
45.97 |
(23.75) |
(151.12) |
(105.15) |
151.88 |
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11 |
Net
Profit (+) / Loss (-) from Ordinary Activities after tax (9-10) |
298.13 |
67.87 |
221.29 |
519.42 |
(270.60) |
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12 |
Extraordinary
Item (net of tax expense Rs……) |
-- |
-- |
-- |
-- |
-- |
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13 |
Net
Profit (+) / Loss (-) for the period (11-12) |
298.13 |
67.87 |
221.29 |
519.42 |
(270.60) |
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14 |
Paid-up
equity share Capital (Face
value of the Share shall be indicated) |
428.64 |
428.64 |
428.64 |
428.64 |
428.64 |
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15 |
Reserve Excluding
Revaluation Reserves as per balance sheet of previous accounting year |
-- |
-- |
-- |
659.65 |
659.65 |
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16 |
Earnings
Per Share (EPS) (a)
Basic
and diluted EPS before Extraordinary items 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 for the period, for the year to
date and for the previous year (not to be annualized) |
6.96 6.96 |
1.58 1.58 |
5.16 5.16 |
11.58 11.58 |
(6.31) (6.31) |
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17 |
Public shareholding Number of Shares Percentage of Shareholding |
1,970,769 45.83 |
1,984,722 46.16 |
19,70,769 45.83 |
19,70,769 45.83 |
19,84,722 46.16 |
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18 |
Promoters and promoter group share holding a)
Pledged
/ Encumbered -
Number
of Shares -
Percentage
of shares (as a % of the total shareholding of promoter and promoter group) -
Percentage
of shares (as a % of the total share capital of the company) b) Non - encumbered -
Number
of Shares -
Percentage
of shares (as a % of the total shareholding of promoter and promoter group) -
Percentage
of shares (as a % of the total share capital of the company) |
NA -- -- -- 23,29,231 100 54.17 |
NA -- -- -- 23,15,278 100 53.84 |
NA -- -- -- 23,29,231 100 54.17 |
NA -- -- -- 23,29,231 100 54.17 |
NA -- -- -- 23,15,278 100 53.84 |
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NOTES:
1. The
above audited financial results were reviewed by the audit committee and approved
by the Board of Directors at their meeting held on 27th August, 2010. 2. The
Company has only single reportable Business Segment i.e. 'Textile Segment'
and hence segmental reporting (Accounting Standard 17) is not presently
applicable. 3. Auditors
Remarks:
1) Non-availability of confirmation
in respect of sundry debtors, sundry creditors and loans and advances. 2)
Non provision of doubtful debts.
Reply to Auditors remarks: 1)
Balances
of certain sundry debtors, advances and sundry creditors are subject to
confirmation / reconciliation as the Company
has received replies only from few parties for the
confirmation statements sent by the Company. 2)
Management
is taking adequate steps to collect the same and hence not provided for. 4. The details of numbers of Investors
Grievances for the Quarter ended 30.06.2010: [Beginning: Nil, Received:
Nil, Disposed Off: Nil and Pending: Nil]. 5. The
Figures have been regrouped / re-arranged
wherever necessary. By Order of the
Board For SRI NACHAMMAI
COTTON MILLS LIMITED P.PALANIAPPAN CHAIRMAN CUM
MANAGING DIRECTOR SALEM 27.08.2010
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