 |
 |
|
|
 |
|
| 1. |
Leaders in value added engineering alloy steel segment |
| 2. |
State-of-the-art multi-locational plants |
| 3. |
Fully integrated operations |
| 4. |
An ISO 9001-2000, ISO 14001 & TS 16949 :2002 certified company |
|
|
|
 |
| KALYANI
STEELS LIMITED
Regd. Office : Mundhwa, Pune - 411 036
UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER ENDED 31ST DECEMBER,
2009
| Sr.No |
Particulars |
Rs. in Lacs |
| Quarter ended |
Nine Months Ended |
Year Ended |
| 31st
December, 2009
(Unaudited) |
31st
December, 2008
(Unaudited) |
31st
December, 2009
(Unaudited) |
31st
December, 2008
(Unaudited) |
31st March,
2009
(Audited) |
| 1. |
Sales and
Income from Operations |
36,374.93 |
15,754.93 |
86,823.36 |
102,270.43 |
118,478.48 |
| |
Less : Excise
Duty |
3,573.67 |
3,170.64 |
9,324.90 |
18,329.50 |
20,394.04 |
| |
a) Net Sales
/Income from Operations
|
32,801.26 |
12,584.29 |
77,498.46 |
83,940.93 |
98,084.44 |
| |
b) Other
Operating Income |
132.29 |
449.78 |
331.63 |
1,045.86 |
1,197.39 |
| |
Total Income |
32,933.55 |
13,034.07 |
77,830.09 |
84,986.79 |
99,281.83 |
| 2 |
Total Expenditure |
|
|
|
|
|
| |
a)( Increase)/Decrease
In Stock in trade |
509.71 |
1,021.19 |
864.16 |
2,212.83 |
1,952.10 |
| |
b) Consumption
of Raw Materials |
12,939.57 |
7,776.91 |
37,206.99 |
47,644.07 |
59,307.61 |
| |
c) Conversion
cost |
2,483.69 |
952.90 |
7,872.35 |
5,615.08 |
7,201.15 |
| |
d) Prchase
of traded goods |
12,032.53 |
1,312.37 |
18,781.97 |
16,522.60 |
17,399.01 |
| |
e) Employees
Cost |
506.74 |
657.39 |
1,497.67 |
2,137.83 |
2,606.75 |
| |
f) Depreciation
|
790.47 |
588.53 |
2,337.54 |
2,039.37 |
3,200.14 |
| |
g) Other
Expenses |
1,786.12 |
1,253.63 |
4,904.33 |
5,031.09 |
6,733.90 |
| |
Total Expenditure |
31,048.83 |
13,562.92 |
73,465.01 |
81,202.87 |
98,400.66 |
| 3 |
Profit from
Operations before Other Income, Interest |
1,884.72 |
(528.85) |
4,365.08 |
3,783.92 |
881.17 |
| 4 |
Other Income |
118.86 |
167.74 |
539.13 |
890.99 |
2,108.53 |
| 5 |
Profit before
Interest |
2,003.58 |
(361.11) |
4,904.21 |
4,674.91 |
2,989.70 |
| 6 |
Interest |
500.72 |
822.92 |
1,917.69 |
2,119.39 |
2,843.69 |
| 7 |
Profit /
(Loss) after interest but before exceptional items |
1,502.86 |
(1,184.03) |
2,986.52 |
2,555.52 |
146.01 |
| 8 |
Exceptional
Items, Net (Refer Note No.2) |
- |
- |
63.42 |
- |
- |
| 9 |
Profit /
(Loss) from Ordinery Activities before Tax |
1,502.86 |
(1,184.03) |
3,049.94 |
2,555.52 |
146.01 |
| 10 |
Tax Expenses
: |
144.84 |
(320.29) |
485.69 |
582.76 |
(184.57) |
| 11 |
Net Profit
/ (Loss) |
1,358.02 |
(863.74) |
2,564.25 |
1,972.76 |
330.58 |
| 12 |
Paid - up
Equity Share Capital (excluding amount recd. on Forfeited
Shares) (face value Rs.10/-) |
4,365.31 |
4,365.31 |
4,365.31 |
4,365.31 |
4,365.31 |
| 13 |
Reserves
excluding revaluation reserves |
- |
- |
- |
- |
47,208.00 |
| 14 |
Earnings
Per Share :(In Rs.) |
|
|
|
|
|
| |
Basic and
Diluted |
3.11 |
(1.98) |
5.87 |
4.52 |
0.76 |
| 15 |
Public Shareholding
|
|
|
|
|
|
| |
-Number of
Shares |
17,526,704 |
19,675,844 |
17,526,704 |
19,675,844 |
19,422,935 |
| |
-Percentage
of Shareholding |
40.15% |
45.07
% |
40.15
% |
45.07
% |
44.49
% |
| 16 |
Promoter
and Promoter Group Shareholding |
|
|
|
|
|
| |
a) Pledges
/ Encumbered |
|
|
|
|
|
| |
-Number of
Shares |
- |
N.A. |
- |
N.A. |
- |
| |
-Percentage
of Shares (as a % of total shareholding of promoter and promoter
group) |
- |
N.A. |
- |
N.A. |
- |
| |
-Percentage
of Shares (as a % of total share capital of the Company) |
- |
N.A. |
- |
N.A. |
- |
| |
b) Non encumbered
|
|
|
|
|
|
| |
-Number of
Shares |
26,126,356 |
N.A. |
26,126,356 |
N.A. |
24,230,125 |
| |
-Percentage
of Shares (as a % of total shareholding of promoter and promoter
group) |
100.00
% |
N.A. |
100.00
% |
N.A. |
100.00
% |
| |
-Percentage
of Shares (as a % of total share capital of the Company) |
59.85
% |
N.A. |
59.85
% |
N.A. |
55.51
% |
NOTES :
- Sales for the quarter includes sale of goods traded in, aggregating
Rs.12,747.21 Lacs (Previous Period Rs.1,675.22 Lacs) and for the
nine months ended includes Rs.19,911.18 Lacs (Previous Period
Rs. 17,618.99 Lacs, Previous Year Rs.18,907.93 Lacs).
- Exceptional items for nine months ended on 31st December, 2009
represents :-
- Rs.1,350.50 lacs towards Profit on Sale of Investments
in Equity shares of BF Utilities Ltd.
- Rs.1,287.08 lacs towards settlement of disputed
claims, demurrages etc.
- The Composite Scheme of Arrangement for Demerger of the 'Investment
Division' of Kalyani Steels Limited (KSL) into Kalyani Investment
Company Limited (KICL) and amalgamation of wholly owened subsidiaries
of KSL with KICL, from appointed date i.e. 1st Oct, 2009 was approved
by the Board of Directors on 3rd November, 2009 and also by the
shareholders at the Court Convened Meeting on 20th January, 2010.Pending
approval of the Honourable High Court of Bombay, the above results
of the Company continue to be prepared as a 'single entity'. The
Demerger of the Investment Division (reported under "other
segment") amounts to Discontinuing Operations within the
meaning of Accounting Standard (AS) 24 "Discontinuing Operations"
prescribed by the Companies (Accounting Standereds) Amendment
Rules, 2006.
Given below are the results for the Quarter ended December
31, 2009 inrespect of Ordinary Activities attributable to the
continuing and discontinuing operations
| Particulars |
Continuing Operations |
Discontinuing Operations |
| Total Revenue |
33,052.41 |
- |
| Total Expenditure |
31,549.55 |
- |
| Profit before Tax |
1,502.86 |
- |
| Profit after Tax |
1,358.02 |
- |
-
During the Quarter, no investor complaint was received. There
were no investor complaints pending for redressal as at the
commencement and end of the quarter.
-
The above results were reviewed bt the Audit Committee, approved
by the Board of Directors of the Company at its meeting held
on 27th January, 2010 and have been subjected to a 'Limited
Review' by the Auditors.
- Previous year / period figures have been regrouped and reclassified
wherever necessary to make them comparable with current period.
SEGMENTWISE
REVENUE
<<
BACK
|
| |
|
