STELCO STRIPS LIMITED
Regd. Off. : C-122, Phase-V, Focal Point, Ludhiana (Pb.)

Unaudited Financial Results (Provisional) for the Quarter Ended 30.09.2006

(Rs. In Lacs)
Particulars

Three Months Ended

Six Months Ended

Previous Year

  30.09.2006
Unaudited		 30.09.2005
Unaudited		 30.09.2006
Unaudited		 30.09.2005
Unaudited

31.03.2006
(Audited)
Net Sales       4851.54       4073.15         8374.18         7219.31         15762.26
Other Income             0.03             1.82               1.23              1.86               10.96
Total Expenditure       4564.82       3901.20         7865.10        6881.48         15040.65
a) (Increase)/ decrease in stock-in-trade           64.20           94.39        (1120.30)          274.45             132.75
b) Consumption of raw materials       3749.04       3343.07         7614.80        5874.51         12039.16
c) Employees Cost           58.25          41.75           103.99            82.18             160.42
d) Other expenditure         693.33        421.99         1266.61          650.34           2708.32
Interest         128.91          60.36           208.94          111.43             231.49
Depreciation          41.90          23.00             82.50            45.00               98.13
Profit Before Tax        115.94          90.41           218.87          183.26             402.95
Provision For Tax          10.00            6.00            20.00            10.00               43.00
Net Profit        105.94          84.41          198.87          173.26             359.95
Paid up Capital (Face Value : Rs. 10/-each)        756.69        685.68          756.69          685.68             756.69
Reserves excluding revaluation reserves            ---             ---              ---               ---           1715.00
Basic & Diluted EPS            1.40           1.23              2.63             2.52                 4.76
Non-Promoters Shareholding  
- Number of Shares
-% of holding
    3476200
        46.0 %
    3127300
        45.6 %		    
         3597400
              47.6 %
 

Notes : The above results have been taken on record by the Board of Directors in its meeting held on 30.10.2006 & forwarded to statutory auditors for limited review. The segment reporting is not applicable. There was no investors complaint in the beginning of the quarter. Six complaints were received during the quarter and were duly disposed off. The figures have been regrouped/ reclassified  wherever necessary.
 
Place : Ludhiana

For Stelco Strips Limited,
Dated : 30.10 2006

 Sd/-

(Bharat Bhushan   Jindal)
 

Mg. Director
 
 

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