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

Unaudited Financial Results (Provisional) for the Quarter Ended 31.12.2006

(Rs. In Lacs)
Particulars

Quarter Ended

Year to dates figures upto

Previous Year
  31.12.2006
Unaudited		 31.12.2005
Unaudited		 31.12.2006
Unaudited		 31.12.2005
Unaudited

31.03.2006
(Audited)
Net Sales       5381.62       4419.47       13755.80        11638.78         15762.26
Other Income             5.00             3.62               6.23                5.48               10.96
Total Expenditure       5079.26       4232.09       12944.36        11113.57         15040.65
a) (Increase)/ decrease in stock-in-trade         111.45       (256.46)        (1008.85)             17.99             132.75
b) Consumption of raw materials       3106.50      3134.42       10721.30         9008.93         12039.16
c) Employees Cost           52.04          41.19           156.03           123.37             160.42
d) Other expenditure       1809.27      1312.94         3075.88         1963.28           2708.32
Interest        100.44          65.82           309.38           177.25             231.49
Depreciation          40.50          27.00           123.00             72.00              98.13
Profit Before Tax        166.42          98.18           385.29           281.44            402.95
Provision For Tax          10.00            5.00             30.00             15.00              43.00
Net Profit        156.42          93.18           355.29           266.44            359.95
Paid up Capital (Face Value : Rs. 10/-each)        756.69        756.69           756.69           756.69            756.69
Reserves excluding revaluation reserves            ---           ---             ---               ---          1715.00
Basic & Diluted EPS            2.07            1.23               4.70              3.52                4.76
Non-Promoters Shareholding     
- Number of Shares
-% of holding		  
    3476200
        46.0 %
    3597400
        47.6%		    
        3597400
            47.6 %
 

Notes : The above results have been taken on record by the Board of Directors in its meeting held on 29.01.2007 & forwarded to statutory auditors for limited review. The segment reporting is not applicable. There was no investors complaint in the beginning of the quarter. Three 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 : 29.01 2007

Sd/-

(Mohan Lal Jindal)
 

Executive Director
 
 

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