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

Unaudited Financial Results (Provisional) for the Quarter Ended 30.06.2008

(Rs. In Lacs)

Particulars

Unaudited
 Quarter Ended

Audited
 Year Ended
 

 

30.06.2008

30.06.2007

31.03.2008

Net Sales

6848.35

     5553.47

            20154.11
Other Income 3.96

              4.30

                  61.48
Total Income 6852.31 5557.77 20215.59
Expenditure  

       

           
a) (Increase)/ decrease in stock-in-trade & work in process. (188.51)       (118.19)                 (2159.87)
b) Consumption of raw materials 5393.08         4393.67             17105.22
c) Employees Cost 48.97             50.09                 218.08
d) Depreciation 48.50 45.00 190.51
e) Other expenditure 1175.91           905.70               3526.82
f) Total  6477.95 5276.27 18880.76
Interest 186.61             129.75                 731.17
Exceptional Items --- --- ---
Profit Before Tax 187.75           151.75                 603.66
Tax Expenses 35.00 30.00 100.00
Profit After Tax 152.75             121.75                   503.66
Extraordinary Items --- ---- ---
Net Profit 152.75             121.75                 503.66
Paid up Capital (Face Value : Rs. 10/-each) 897.50           756.69                 897.50
Reserves excluding revaluation reserves ---

---

              2158.14
Earning Per Share of Rs.10/- each                                
a) Basic
b) Diluted
                 1.70
                 1.70
1.61
1.61
5.61
6.45
 
Public Shareholding  
-Number of Shares
-% of Holding


4866533
           54.1 %


       3476200
           45.9 %

             4882450
                54.4 %

Notes :

The above results have been approved by the Board of Directors in its meeting held on 30.07.2008. The segment reporting is not applicable. There was no investor’s complaint at the beginning of the quarter ended June, 2008. Two complaints were received during the quarter and were duly resolved . The figures have been regrouped/ reclassified wherever necessary.

 
Place : Ludhiana

For Stelco Strips Limited

Dated : 30.07.2008

Sd/-

(Bharat Bhushan Jindal)    

Mg. Director

 

 

 
 

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