UNAUDITED STANDALONE
FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED
31st DECEMBER
2008
(Rs. in Lakhs)
Sl.No.
Particulars
Quarter Ended
Nine Months Ended
Year Ended
(Audited)
31-12-'08
31-12-'07
31-12-'08
31-12-'07
31-03-'08
1.
Net Income from Operations
102206.29
76942.81
302408.49
219559.41
342759.80
Other Operating Income
453.61
1008.69
2927.31
2328.09
4534.00
Total Income
102659.90
77951.50
305335.80
221887.50
347293.80
2.
Expenditure
a) (Inc.) / Dec. in stock-in-trade and work in progress
(5396.10)
(6873.50)
(15948.90)
(5053.20)
(7738.00)
b) Consumption of Raw Materials
40020.30
26494.80
113459.40
71693.60
117366.60
c) Sub-contractor Work Bills
31786.90
28397.00
97081.30
71586.40
113392.80
d) Other Construction Expenses
10555.00
7965.30
30961.40
22165.80
34222.50
e) Labour
9457.80
7667.80
28427.70
20881.90
32280.60
f) Employee cost
4581.70
3691.20
14774.40
10151.50
14017.20
g) Depreciation
1190.50
1227.00
4103.70
3443.10
4820.60
h) Other Expenditure
2668.60
1985.50
7589.90
5420.00
7773.30
Total
94864.70
70555.10
280448.90
200289.10
316135.60
3.
Profit from Operations before other Income,
Interest & Exceptional Items (1-2)
7795.20
7396.40
24886.90
21598.40
31158.20
4.
Other Income
83.60
107.50
268.40
182.60
555.60
5.
Profit before Interest & Exceptional Items (3+4)
7878.80
7503.90
25155.30
21781.00
31713.80
6.
Interest & Finance Cost (Net)
2376.20
1668.40
7507.50
5453.70
7194.40
7.
Profit after Interest but before Exceptional Items (5-6)
5502.60
5835.50
17647.80
16327.30
24519.40
8.
Exceptional Items
-
-
-
-
-
9.
Profit from ordinary activities before Tax (7+8)
5502.60
5835.50
17647.80
16327.30
24519.40
10.
Tax Expenses
1875.90
1870.70
6082.80
5395.00
8324.70
11.
Net Profit from ordinary activities after Tax (9-10)
3626.70
3964.80
11565.00
10932.30
16194.70
12.
Extraordinary Items
-
-
-
-
-
13.
Net Profit for the period (11 -12)
3626.70
3964.80
11565.00
10932.30
16194.70
14.
Paid up Equity Share Capital (Face Value Rs.2/- per Share)
4576.93
4575.38
4576.93
4575.38
4576.77
15.
Reserves excluding Revaluation Reserves as per Balance Sheet of previous accounting year
152091.80
16.
Earnings per Share (EPS )(Rs.)
Basic and Diluted
1.58
1.74
5.05
5.08
7.41
17.
Public Shareholding
a) Number of Shares
172902873
172858002
172902873
172858002
173450992
b) Percentage of shareholding
75.55%
75.56%
75.55%
75.56%
75.80%
Notes:
The above results were reviewed by the Audit Committee and approved at the meeting of the Board of Directors held on 27th January, 2009.
The Company's operations consist of Construction/ Project activities and there are no other reportable segments under Accounting Standard 17.
The above results are subject to limited review by the Joint Statutory Auditors.
There were no investors' complaints pending at the beginning and at the close of the quarter. The company had received and resolved 6 investors' complaints during the quarter ended 31st December, 2008.
The above results do not include figures relating to three projects being executed by a joint venture partner due to non-receipt of financial information. Management is of the view that non-inclusion of related financial information is not likely to impact the results, barring unforeseen circumstances.
Figures have been regrouped to facilitate comparison wherever necessary.