UNAUDITED FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30th SEPTEMBER, 2006
(Rs.in Million)
Sl.No.
Particulars
Quarter Year ended
30-09-'06
Quarter Year ended
30-09-'05
Half Year ended
30-09-'06
Half Year ended
30-09-'05
Audited figures year ended
31-03-'06
1.
Income from Operations
6516.57
3651.92
13034.00
7245.41
18404.40
2.
Other Income
9.82
9.46
17.42
14.06
20.25
3.
Total Income
6526.39
3661.38
13051.42
7259.47
18424.65
4.
Total Expenditure
5898.76
3277.82
11866.26
6593.32
16763.75
a) (Increase)/Decrease in Stock-in-Trade
(47.96)
(384.56)
(591.88)
(526.32)
(1203.75)
b) Consumption of raw materials
2666.84
1506.93
5605.53
3008.87
7584.55
c) Other construction expenses
2171.61
1502.32
4789.76
2979.24
7644.67
d) Labour
760.20
400.23
1415.68
684.30
1777.90
e) Staff Cost
198.01
126.12
359.98
226.25
473.39
f) Other Expenditure
150.06
126.78
287.19
220.98
486.99
5.
Profit before Interest, Depreciation and Taxes
627.63
383.56
1185.16
666.15
1660.90
6.
Interest
96.19
83.46
152.89
118.28
216.95
7.
Depreciation
69.19
40.91
127.05
74.81
181.57
8.
Profit before tax (5-6-7)
462.25
259.19
54.77
44.29
218.64
9.
Provision for Taxation (Including Deferred Tax & FBT)
68.90
55.09
127.83
77.24
223.34
10
Net Profit(8-9)
393.35
204.10
777.39
395.82
1039.04
11.
Paid-up Equity Share Capital (Face value Rs.2 each)
413.47
159.02
413.47
159.02
206.62
12.
Reserves excluding revaluation reserve
9212.31
13.
Basic Earnings per Share of face value Rs.2 each(Rs.)
1.90
1.28
3.76
2.49
6.04
14.
Diluted Earnings Share of face value Rs.2 each (Rs.)
1.89
1.27
3.73
2.46
5.96
15.
Aggregate of Public Shareholding
a) No. of Shares (of face value Rs.2/ each)
142669604
52817430
142669604
52817430
63274353
b) Percentage of share holding
69.01%
66.43%
69.01%
66.43%
61.24%
Notes:
The above results have been reviewed by the Audit Committee and taken on record at the meeting of Board of Directors held on 30.10.2006.
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 half year ended 30 September 2006.
Pursuant to the issue of Bonus Shares in the ratio of 1:1 on 23.09.06 the paid-up Capital of the Company stands increased to Rs.413.47 Million. Accordingly, the Earning Per Share (EPS) for the previous periods has been recomputed in accordance with the Accounting Standards AS-20.
Pursuant to the adoption of Accounting Standard 15 (Revised) "Employee Benefits", Rs.25.17 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 the subsequent quarter on determination of the liability based on the revised standard.
The status of Investor complaints for the quarter ended 30.09.06 is : Complaints pending at the beginning of the quarter - Nil, Complaints received and disposed off during the quarter - 13 , Complaints pending as on 30.09.06 - Nil.
Figures for the previous periods have been regrouped and reclassified to conform to the classification of the current period, where ever necessary.
