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

Unaudited Financial Results (Provisional) for the Quarter Ended  31.03.2007

(Rs. In Lacs)

Particulars

Quarter Ended
 

Year to date Figures up to

Previous Year 

 

31.03.2007
Unaudited

31.03.2006
Unaudited

31.03.2006
Unaudited

31.03.2006
Unaudited

31.03.2006
(AUDITED)

Net Sales 5395.81      4003.15 19151.61       15762.26         15762.26
Other Income 4.75            4.50 10.98               10.96                 10.96
Total Expenditure 5072.61 3763.35 18016.97       14876.92         15040.65
a) (Increase)/ decrease in stock-in-trade (757.74)      (122.23) (1766.59)         (104.24)           132.75
b) Consumption of raw materials 5332.01      3036.45 16053.31       12045.38          12039.16
c) Employees Cost 57.10          30.58 213.13           153.95              160.42
d) Other expenditure 441.24        818.55 3517.12         2781.83            2708.32
Interest 156.61        113.37 465.99           290.62              231.49
Depreciation 48.55          20.00 171.55             92.00                98.13
Profit Before Tax 122.79        110.93 508.08           392.37              402.95
Provision For Tax 20.00          25.00 50.00             40.00                43.00
Net Profit 102.79          85.93 458.08           352.37              359.95
Paid up Capital (Face Value : Rs. 10/-each) 756.69        756.69 756.69          756.60              756.69
Reserves excluding revaluation reserves --

---

 

    ---

           1715.00
Basic & Diluted EPS 1.70           1.14 6.05            4.66                 4.76
Non-Promoters Shareholding 
-Number of Shares
-% of holding
 

    3476200
      45.9 %

 

    3597400
      47.6 %

   
 
 

        3597400
            47.6 %



 
 

        3597400
            47.6 %

Notes : The above results have been taken on record by the Board of Directors in its meeting held on 30/04/2007 & 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. Eight 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 : 30.04.2007

Sd/-

(Bharat Bhushan Jindal)   

Mg. Director

 

 

 
 

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