SRI NACHAMMAI COTTON MILLS LIMITED

Regd. Office: 30, Sugavaneswara Road, Balaji Nagar, Salem - 636 004.

UNAUDITED FINANCIAL RESULTS FOR THE THREE MONTHS ENDED  30TH SEPTEMBER, 2006.

SL.NO

PARTICULARS

(Rs. In Lakhs)

        3 MONTHS ENDED 30.09.2006

3 MONTHS ENDED 30.09.2005

YEAR TO DATE FIGURES FOR CURRENT PERIOD

YEAR TO DATE FIGURES FOR THE PREVIOUS YEAR

PREVIOUS ACCOUNTING YEAR ENDED 30.06.2006

1

NET SALES / INCOME FROM OPERATIONS

2480.72

1829.30

 Not Applicable 

 

 Not Applicable 

 

8839.54

2

OTHER INCOME

5.03

0.86

121.65

3

TOTAL EXPENDITURE

A) Increase (-) / Decrease (+) in Stock in Trade

B) Consumption of Raw Materials

C) Staff Cost

D) Power and Fuel

E) Other Expenditure

 

 

(212.91)

1657.67

203.61

309.71

326.85

 

 

(23.45)

1027.92

180.04

263.62

266.61

 

 

448.71

4828.75

794.10

1072.35

1133.98

4

INTEREST

77.30

75.22

302.80

5

DEPRECIATION

56.59

38.10

201.00

6

PROFIT (+) / LOSS (-) BEFORE TAX AND EXTRA ORDINARY ITEMS ((1+2) - (3+4+5))

66.93

2.10

179.50

7

EXTRA ORDINARY ADJUSTMENTS (Net)

--

--

--

8

PROFIT BEFORE TAX

--

--

179.50

9

PROVISION FOR TAX

a) CURRENT FAX

b) DEFERRED TAX LIABILITY / (ASSET)

c) FRINGE BENEFIT TAX

 

--

(1.58)

0.24

 

--

--

--

 

14.07

56.62

1.86

10

NET PROFIT (+) / LOSS (-) (8-9)

68.27

2.10

106.95

11

PAID-UP EQUITY SHARE CAPITAL              

 FACE VALUE OF Rs.10/= EACH

428.64

428.64

428.64

12

RESERVES EXCLUDING REVALUATION RESERVES 

--

--

745.95

13

BASIC AND DILUTED EPS (Rs.)

--

--

2.50

14

AGGREGATE OF PUBLIC SHAREHOLDING

- NO. OF SHARES

- PERCENTAGE OF SHAREHOLDING

2079438

48.36

2079438

48.36

2079438

48.36

NOTES:

1. The Figures have been regrouped  / re-arranged wherever necessary.

2. Provision for taxation will be considered at the end of the financial year.

3. Provision towards EPS will be considered at the end of the Accounting year.

4. The Company has only single reportable Business Segment i.e. 'Yarn Segement' and hence segmental reporting (Accounting Standard 17) is not presently applicable.

5. Auditors Remarks:

Non availability of confirmations in respect of sundry debtors, sundry creditors and loans and advances.

Reply to Auditors remarks:

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.

6. The details of numbers of Investors Grievances for the Quarter ended 30.09.2006: Beginning: Nil, Received:1, Disposed Off:1  and Pending: Nil.

7. The above un-audited financial results were reviewed by the audit committee, taken on record by the Board of Directors at the meeting held on 27th October 2006 and will be subject to limited review by the statutory auditors.

By Order of the Board

For SRI NACHAMMAI COTTON MILLS LIMITED

 P.PALANIAPPAN

CHAIRMAN CUM MANAGING DIRECTOR

SALEM

27.10.2006                                                                                                                                                         

Home