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

Profit & Loss Account for the Year Ended 31st March, 2007

Particulars

 

For the Year Ended 31.03.2007

For the Year Ended 31.03.2006

 

Income

   
 
Sales & Services  

1925661653

1576226420

 
Other Income  

         1879636

1095567

 
   

_____________
1927541289
_____________

____________
1577321987
_____________
 
     
Expenditure    
Material Consumed  

1629522776

1203915992
 
Manufacturing Expenses  

  271393804

    226228063
 
Personnel Expenses  
    21144839
16041841
 
Financial Expenses  

     8462728

  7024355
 
Administrative Expenses  

      11275850

     8667863
 
Selling Expenses  

   44480421
____________

   28911224
__________
 
   


1986280418

1490789338
 
(Increase)/Decrease In Stock  

  (173328355)
_________

     13275516
__________
 
   


1812952063
____________

 1504064854
__________

 
Profit Before Depreciation, Interest & Tax (PBDIT)  

    114589226

   73257133

 
Interest  

   46505343
____________

  23148753
__________

 
Profit Before Depreciation & Tax (PBDT)  

   68083883

  50108380
 
Depreciation,  

    17440702
___________

    9813297
_________

 
Profit Before Tax (PBT)  

  50643181

   40295083
 
Provision For Income Tax  

    5000000

      4000000
 
Fringe Benefit Tax  

       350000
___________

     300000
________

 
Profit After Tax  

  45293181

   35995083
 
Balance Brought Forward  

108509812
____________

72514729
__________
 
Profit Available For Appropriation  

153802993
____________

108509812
___________
 
Appropriations    
General Reserves  

20000000

---
 
Balance Carried to Balance Sheet  

133802993

108509812
 
Earning Per Share (Face Value Rs. 10 /- each)      
(Refer Note No. 12 Of Notes On-Accounts)      
 - Basic  

5.98

4.76
 
 - Diluted.  

5.71

4.76
 

As per Separate Report of even date

For & on Behalf of the Board of Directors

 

For M.P. Goyal & Co.
Chartered Accountants

 
 

(Rajnish Goyal)
Partner

(Bharat Bhushan Jindal )
Managing Director

(Rajinder Kumar Jindal)
Executive Director

 

Place : Ludhiana
Date : 30.08.2007

 

(Vikas Rai Berry)
Company Secretary

 
 
 

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