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

Unaudited Financial Results (Provisional) for the Quarter Ended 31.12.2005

(Rs. In Lacs)

Particulars

Quarter Ended

Year to date Figures upto

Previous Year 

 

31.12.2005

31.12.2004

31.12.2005

31.12.2004

31.03.2005
(AUDITED)

Net Sales 4419.47 3075.27 11638.78 8613.92 12784.17
Other Income 3.62 1.74 5.48 6.06 8.54
Total Expenditure 4232.09 2909.27 11113.57 8200.49 12159.94
a) (Increase)/ decrease in stock-in-trade (256.46) 6.54 17.99 (233.32) (159.78)
b) Consumption of raw material 3134.42 2631.94 9008.93 7712.43 10556.71
c) Staff Cost 41.19 28.25 123.37 90.69 147.33
d) Other expenditure 1312.94 242.54 1963.28 630.69 1615.68
Interest 65.82 44.00 177.25 100.15 159.35
Depreciation 27.00 21.77 72.00 65.30 91.80
Profit Before Tax 98.18 101.97 281.44 254.04 381.62
Provision For Tax 5.00 --- 15.00 --- 30.00
Net Profit 93.18 101.97 266.44 254.04 351.62
Paid up Capital (Face Value : Rs. 10/-each) 756.69 684.49 756.69 684.49 685.68
Reserves excluding revalution reserves --- --- --- --- 1228.47
Basic & Diluted EPS 1.23 1.48 3.52 3.70 5.13
Non-Promoters Share Holdings  
-Number of Shares
-% of holding

3597400
47.6 %

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 18.01.2006 & forwarded to statutory auditors for limited review. The segment reporting is not applicable. 7,10,000 equity shares of the face value of Rs.10/-each were allotted on preferential basis for cash at premium of Rs.21/- per share. 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

By the Order of the Board,

Dated : 18.01.2006

Sd/-

(Bharat Bhushan Jindal)

 

Mg. Director

 

Financial Results & Share Holding Pattern

 

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