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TAMILNADU PETROPRODUCTS LIMITED
Regd. Office : Manali Express Highway, Manali, Chennai - 600 068
UNAUDITED FINANCIAL RESULTS (STAND-ALONE)
FOR THE QUARTER ENDED 30TH JUNE 2011
       
Rs. in Lacs
   
Quarter 
Quarter
Year
Sl.No Description
ended
 ended
ended
   
30.06.2011
30.06.2010
31.03.2011
   
(Unaudited)
(Unaudited)
(Audited)
         
1 Net sales / Income from Operations            
34,183
              
23,918
                
107,616
 
2 Other  operating income                  
181
                    
138
                  
449
 
3 Total Income (1+2)            
34,364
             
24,056
               
108,065
 
4 Expenditure
  a.  (Increase)/Decrease in stock in trade and work in progress                         
(473)
               
(1,296) 
                       
(21)
  b.  Consumption of raw materials            
20,045
              
13,187
                
59,728
  c.  Purchase of traded goods                     
215
                       
688 
                        
155
  d.   Employee cost                  
739 
                    
587
                  
2,575
  e.   Power and fuel               
7,379
                
5,356
                
23,134
  f.    Depreciation                  
929
                    
956
                  
3,799
  g.   Other expenditure               
4,577
                
3,925
                
16,291
 
   Total            
33,411
              
23,403 
                
105,661
 
5 Profit from Operations before Other Income, Interest and exceptional item (3-4)                  
953
                   
653 
                  
2,404
 
6 Other Income                    
130
                      
108
                      
625
 
7 Profit before Interest and exceptional item (5+6)                  
1,083
                    
761
                  
3,029
 
8 Interest (net)                  
501
                    
615
                  
2,313
   
9 Profit after interest but before exceptional item (7-8)                   
146
                  
707
                      
1,333 
 
10 Exceptional Item                   
-
                  
-
                      
2,222
         
11 Profit after insert but exceptional item but before tax (9+10)                   
582
                  
146
                      
2,938
         
12 Tax expense
               - Current                   
250
                       
81
                         
503
               - Deferred                    
(66) 
                    
(36)
                    
(512)
 
13 Net Profit after tax (11-12)                   
398
                  
101
                      
2,947
 
14 Paid up equity share capital               
8,997
               
8,997
                 
8,997
  (Face value per share of Rs.10/- each)
 
15 Reserves (excluding revaluation reserve)                     
-  
                      
-  
               
28,548
 
16 Earnings per share in Rs.
   (not annualised)
  - Basic and diluted                
0.44
                 
0.11
                 
3.28
 
17 Public shareholding
  - Number of Shares     
58,893,348
      
58,893,348
        
58,893,348
  - Percentage of Shareholding               
65.46
               
65.46
                 
65.46
         
18 Promoters and Promoter Group Shareholding
  a)  Pledged/Encumbered
  - Number of shares
15,234,375
15,234,375
15,234,375
   
  - Per centage of shares (as a % of the total shareholding of     promoter and promoter group)
49.02
49.02
49.02
  - per centage of shares (as a % of the total share capital of   the Company)
16.93
16.93
16.93
              
   
  b)  Non-Encumbered
  - Number of shares
15,843,751
15,843,751
15,843,751
   
  - Per centage of shares (as a % of the total shareholding of the promoter and promoter group)
50.98
50.98
50.98
  - per centage of shares (as a % of the total share capital of   the Company)
        
17.61
17.61
17.61
     
Notes : 
1. The Company operates in only one segment, namely, Industrial Intermediate Chemicals.
2. Figures of the previous period have been regrouped wherever necessary.
3. There were no investor complaints at the beginning of the quarter. During the quarter, 12 complaints were received, all of which were disposed of by the Company.
4.  'The Auditors' report on the annual accounts of the Company for the year ended March 31, 2011 and the Limited Review Report for the quarter ended June 30, 2011 contains the following comment:
a) '" Assets held by the Company amounting to Rs.2123.63 lacs are expected to be transferred to the proposed overseas project at not less than cost. We are unable to express an opinion on the realisable value of these assets".

'Board's comment :The Company is confident that the assets which are in the form of equipment and drawings for paraffin production can be transferred to its overseas project at a value not less than their cost.
'The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29th July, 2011.
Place : Chennai  V.RAMANI
Date   :  29 July, 2011 DIRECTOR AND CHIEF FINANCIAL  OFFICER