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


Profit & Loss Account for the Year Ended 31st March, 2008
 

Particulars

For the Year Ended
 31.03.2008

For the Year Ended
31.03.2007

Income

   
Sales & Services 2015410994

1925661653

Other Income 6147727

         1879636

  ________________
2021558721
________________

_____________
1927541289
_____________

     
Expenditure    
Material Consumed 1710521985

1629522776

Manufacturing Expenses 281048790

  271393804

Personnel Expenses 21808417
    21144839
Financial Expenses 6088309

     8462728

Administrative Expenses 11508903

      11275850

Selling Expenses 54035893
_________

   44480421
____________

  2085012297


1986280418

(Increase)/Decrease In Stock (215987493)
____________

  (173328355)
_________

  1869024804
____________


1812952063
____________

Profit Before Depreciation, Interest & Tax (PBDIT) 152533917

    114589226

Interest 73116732
_________

   46505343
____________

Profit Before Depreciation & Tax (PBDT) 79417185

   68083883

Depreciation, 19051449
__________

    17440702
___________

Profit Before Tax (PBT) 60365736

  50643181

Provision For Income Tax 9500000

    5000000

Fringe Benefit Tax 500000
_______

       350000
___________

Profit After Tax 50365736

  45293181

Balance Brought Forward 133802993
___________

108509812
____________

Profit Available For Appropriation 184168721
____________

153802993
____________

Appropriations    
General Reserves ---

20000000

Balance Carried to Balance Sheet 184168729

133802993

 
Earning Per Share (Face Value Rs. 10 /- each)    
(Refer Note No. 12 Of Notes On-Accounts)    
 - Basic 5.61

5.98

 - Diluted.

6.45

5.71

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 : 25.06.2008

 

(Vikas Rai Berry)
Company Secretary

 
 
 
 
 

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