TAMILNADU PETROPRODUCTS LIMITED
Unaudited Results (provisional) for the Quarter ended
30th September 2006
|
| (Rs.
in lacs) |
Sl.
No |
Description |
Quarter
ended
30.09.2006
(Unaudited) |
Corresponding
Quarter ended
30.09.2005
(Unaudited) |
Half year
ended
30.09.2006
(Unaudited) |
Corresponding
Half year ended
30.09.2005
(Unaudited)
|
Year
ended
31.03.2006
(Audited) |
| 1 |
Net sales
(Including excise duty) |
22,695 |
21,513 |
72,118 |
67,183 |
92,316 |
| 2 |
Other income |
109 |
267 |
483 |
560 |
776 |
| 3 |
Total expenditure |
21,205 |
20,129 |
70,291 |
62,490 |
86,930 |
| |
a) (Increase)/Decrease in stock-in-trade |
(2,579) |
(714) |
(2,368) |
(26) |
2,814 |
| |
b) Consumption of raw materials |
12,105 |
9,970 |
35,152 |
30,023 |
40,016 |
| |
c) Purchase of traded goods |
- |
- |
- |
- |
162 |
| |
d) Stores consumed |
793 |
660 |
2,154 |
2,440 |
3,252 |
| |
e) Staff cost |
529 |
514 |
1,574 |
1,718 |
2,024 |
| |
f) Power and fuel |
3,739 |
4,023 |
12,753 |
10,966 |
14,900 |
| |
g) Excise duty |
2,771 |
2,568 |
8,876 |
7,989 |
11,258 |
| |
h) Other expenditure |
3,847 |
3,108 |
12,150 |
9,380 |
12,504 |
| 4 |
Interest (net) |
620 |
517 |
2,090 |
1,586 |
2,188 |
| 5 |
Depreciation |
816 |
965 |
2,508 |
2,911 |
3,868 |
| 6 |
Profit / (Loss) before tax and exceptional items (1+2-3-4-5) |
163 |
169 |
(2,288) |
756 |
106 |
| 7 |
Exceptional items |
|
|
|
|
|
| |
(a) Loss on sale of investments (net) |
- |
- |
- |
(87) |
(87) |
| |
b) (Provision)/write back of provision for diminution in value of investments (net) |
- |
- |
- |
132 |
127 |
| 8 |
Profit / (Loss) before taxation (6+7) |
163 |
169 |
(2,288) |
801 |
146 |
| 9 |
Provision for taxation |
|
|
|
|
|
| |
- current |
- |
366 |
- |
630 |
621 |
| |
- deferred |
(159) |
(168) |
(411) |
(557) |
(719) |
| |
- fringe benefit |
5 |
8 |
14 |
22 |
40 |
| 10 |
Profit / (Loss) after tax
(8-9) |
317 |
(37) |
(1,891) |
706 |
204 |
| 11 |
Paid up equity share capital
(Face value per share of Rs.10/- each) |
8,997 |
8,997 |
8,997 |
8,997 |
8,997 |
| 12 |
Reserves (excluding revaluation reserve) |
|
|
|
|
27,754 |
| 13 |
Earning per share in Rs.
[(After Exceptional items)
(not annualised)]
- Basic and diluted |
0.35 |
(0.04) |
(2.10) |
0.78 |
0.23 |
Notes:
-
The Company operates in only one segment - Industrial Intermediate Chemicals
-
Previous year's figures have been regrouped, wherever necessary.
-
During the quarter, 176 investor complaints were received and disposed off. There were no complaints at the beginning of the quarter.
- The statutory auditors of the Company have carried out a limited review of the unaudited financial results for the quarter ended 31st December, 2006.
- The auditors' report on the accounts of the Company for the year ended 31st March, 2006 and the limited review of the unaudited financial results for the quarter ended 31st December, 2006 contain the following comment :
- "The Company has, during the period 1995 to 2003, invested Rs 2,764.50 lacs in SPIC Electric Power Corporation (Private) Limited for which no provision for permanent diminution in value has been considered necessary by the management. In view of the considerable delay in the implementation of the project, we are unable to express an opinion on the provision, if any, required in respect of the said investment''.
Board's comment : The Company has entered into a MoU with a prospective investor for implementation of the project. In view of this development, no provision for permanent diminution in the value of investment is considered necessary at this stage.
The above unaudited financial results were approved by the Board of Directors at its meeting held on
31st January, 2007.
|
Place
: Chennai
Date :31st January, 2007
|
|
V. RAMANI
DIRECTOR AND CHIEF FINANCIAL OFFICER
|
|
