STELCO STRIPS LIMITED
Regd. Off. : C-122, Phase-V, Focal Point, Ludhiana-141010 (Pb.)

Unaudited Financial Results (Provisional) for the Quarter Ended 30.06.2007

(Rs. In Lacs)

Particulars

Quarter
Ended

Corresponding  Quarter Ended

Previous Year 

 

30.06.2007
Unaudited

30.06.2006
Unaudited

31.03.2006
(Audited)

Net Sales

5553.47

     3522.64

            15762.26
Other Income 4.30

              1.20

                  10.96
Total Expenditure 5231.27

        3300.28

            15040.65
a) Increase/ (decrease) in stock-in-trade 118.19       1184.50                 (132.75)
b) Consumption of raw materials 4393.67         3865.76             12039.16
c) Employees Cost 50.09             45.74                 160.42
d) Other expenditure 905.70           573.28               2708.32
Interest 129.75             80.03                 231.49
Depreciation 45.00             40.60                   98.13
Profit Before Tax 151.75           102.93                 402.95
Provision For Tax 30.00             10.00                   43.00
Net Profit 121.75             92.93                 359.95
Paid up Capital (Face Value : Rs. 10/-each) 756.69           756.69                 756.69
Reserves excluding revaluation reserves  

---

              1715.00
Basic & Diluted EPS 1.61            1.23                     4.76
Non-Promoters Shareholding
-Number of Shares
-% of holding


3476200
           45.9 %


       3476900
           46 %

             3597400
                47.6 %

Notes :

The above results have been taken on record by the Board of Directors in its meeting held on 30th July 2007 & forwarded to statutory auditors for limited review. The segment reporting is not applicable. There was no investor’s 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 : 30.07.2007

Sd/-

(Bharat Bhushan Jindal)    

Mg. Director

 

 

 
 

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