UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE, 2006
(Rs.in Million)
Sl.No.
Particulars
Quarter ended
30-06-'06
Quarter ended
30-06-'05
Year ended
31-03-'06
(Audited)
1.
Income from Operations
6517.43
3593.49
18404.40
2.
Other Income
7.60
5.15
20.25
3.
Total Income
6525.03
3598.64
18424.65
4.
Total Expenditure
5967.50
3315.51
16763.75
a) (Increase)/Decrease in Stock-in-Trade
(543.92)
(141.76)
(1203.75)
b) Consumption of raw materials
2938.69
1501.95
7584.55
c) Other construction expenses
2618.15
1476.92
7644.67
d) Labour
655.48
284.08
1777.90
e) Staff Cost
161.97
100.13
473.39
f) Other Expenditure
137.13
94.19
486.99
5.
Profit before Interest, Depreciation and Taxes
557.53
283.13
1660.90
6.
Interest
56.70
35.37
216.95
7.
Depreciation
57.86
33.90
181.57
8.
Profit before tax (5-6-7)
442.97
213.86
1262.38
9.
Provision for Taxation
58.93
22.15
223.34
10.
Net Profit (8-9)
384.04
191.71
1039.04
11.
Paidup Equity Share Capital (Face value Rs.2 each)
206.72
159.00
206.62
12.
Reserves excluding revaluation reserves
9212.31
13.
Basic Earnings per share of face value Rs.2 each (Rs.)
3.72
2.41
12.08
14.
Diluted Earnings per share of face value Rs.2 each (Rs.)
3.68
2.41
11.91
15.
Aggregate of Public Shareholding
a) No. of Shares (of face value Rs.2/ each)
69916071
52564870
76815459
b) Percentage of share holding
67.64%
66.12%
74.35%
Notes:
The above results have been reviewed by the Audit Committee and taken on record at the meeting of the Board of Directors held on 31.07.2006.
The Company's operations consist of Construction / Project activities and there are no reportable segments under Accounting Standard 17.
The Statutory Auditors have carried out limited review of the Un-audited financial results for the quarter ended 30 June 2006.
The status of Investor complaints for the quarter ended 30.06.2006 is : Complaints pending at the beginning of the quarter - Nil, Complaints received and disposed off during the quarter - 14, Complaints pending as on 30.06.2006 - Nil.
Consequent to the amendment to Clause 35 of the listing agreement, the aggregate of Public Shareholding as on 30 June 2006 excludes the shares held by Custodian viz., Deutsche Bank Trust Company Americas against which depository receipts have been issued.
Pursuant to the adoption of Accounting Standard 15 (Revised) "Employee Benefits", an additional charge of Rs.5.86 million has been recorded in the current period on an estimated basis. The adjustment to Reserves in accordance with the transitional provisions of the standard for the change in liability as on 31 March 2006 will be carried out in a subsequent Quarter on determination of the liability based on the revised standard.
