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

Unaudited Financial Results (Provisional) for the Quarter Ended 30.09.2005

(Rs. In Lacs)
Particulars

Three Months Ended

Six Months Ended

Previous Year

 

30.09.2005

30.09.2004

30.09.2005

30.09.2004

31.03.2005
(AUDITED)
Net Sales 4073.15 3434.46 7219.31 5538.65 12784.17
Other Income 1,82 2.35 1.86 4.32 8.54
Total Expenditure 3901.20 3300.26 6881.48 5291.22 12159.94
a) (Increase)/ decrease in stock-in-trade 94.39 (180.37) 274.45 (239.86) (159.78)
b) Consumption of raw material 3343.07 3184.28 5874.51 5080.49 10556.71
c) Staff Cost 41.75 34.02 82.18 62.44 147.33
d) Other expenditure 421.99 262.33 650.34 388.15 1615.68
Interest 60.36 26.30 111.43 56.15 159.35
Depreciation 23.00 22.53 45.00 43.53 91.80
Profit Before Tax 90.41 87.72 183.26 152.07 381.62
Provision For Tax 6.00 --- 10.00 --- 30.00
Net Profit 84.41 87.72 173.26 152.07 351.62
Paid up Capital (Face Value : Rs. 10/-each) 685.68 684.49 685.68 684.49 685.68
Reserves excluding revalution reserves --- --- --- --- 1228.47
Basic & Diluted EPS 1.23 1.28 2.52 2.21 5.13
Non-Promoters Share Holdings  
-Number of Shares
-% of holding
3127300
45.6 %
3159300
46.06 %		    
3127300
45.6 %
 

Notes : The above results have been taken on record by the Board of Directors in its meeting held on 28.10.2005 & forwarded to statutory auditors for limited review. The segment reporting is not applicable. There was no investors complaint in the beginning of the quarter. Seven complaints were received during the quarter and were duly disposed off. There are no adverse remarks in the Auditors Report for the audited accounts for the year 2004-05. The figures have been regrouped/ reclassified  wherever necessary.
 
Place : Ludhiana

By the Order of the Board,
Dated : 28.10 2005

Sd/-

(Bharat Bhushan Jindal)

Mg. Director
 

Financial Results & Share Holding Pattern
 

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