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

Unaudited Financial Results (Provisional) for the Quarter Ended 30.06.2005

(Rs. In Lacs)

Descriptions

Net Sales  49%
Profits 38%
Three Months Ended 30.06.2005

Corresponding
Three Months in the Previous  Year
30.06.2004

Previous year ended
31.03.2004
(Audited)

1. Net sales/ income from operations

3146.16 2104.19 7994.70
2. Other income 0.04 1.97 9.94
3. Total expenditure
a) increase (decrease)    in stock in trade
b) Consumption of raw    materials 
c) Staff cost
d) Other expenditure
2980.28
(180.06)
2531.44
40.43
228.35
1990.96
59.49
1896.21
28.42
125.82
7602.33
99.08

6978.94
107.62
614.85
4.Interest 51.07 29.85 136.71
5. Depreciation 22.00 21.00 87.07
6. Profit (+)/ loss(-) before tax (1+2-3-4-5)   92.85 64.35 178.53
7. Provision for taxation 4.00 --- 13.00
8. Net profit (+)/ loss (-) (6-7) 88.85 64.35 165.53
9. Paid up equity share capital 685.87 684.49 684.49
10. Reserve excluding --- --- 910.75
11. Basic & diluted EPS 1.35 0.91 2.41
12. Non-Promoters share holdings
    - Number of shares
     -%age of holding

3127300
45.6%

3177900
46.2%

3177900
46.2%

Note :
The above results have been taken on record by Board of Directors in its meeting held on 28.07.2005 & forwarded to Statutory Auditors for Limited Review. The segment reporting is not applicable to the Company. There were no investor complaints pending at the beginning of the quarter. Five complaints were received during the quarter and were duly disposed off. The figures have been re-grouped/re-classified wherever necessary.
                                                                                                                         

                                                                                  
Place : Ludhiana

   For Stelco Strips Ltd.

Dated : 28.07.2005

Sd/-

(Bharat Bhushan Jindal)

Mg. Director

Financial Results & Share Holding Pattern

 

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