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UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER 2011
  (Rs. in Lacs)
Particulars 3 months ended Corresponding 3 months ended 6 months ended Corresponding 6 months ended Previous accounting year ended
30/09/11 30/09/10 30/09/11 30/09/10 31/03/11
Unaudited Unaudited Unaudited Unaudited Audited
1 a. Net Sales / Income from Operation 2251.34 19291.91 4247.02 32517.52 62892.52
  b. Other operating income (Net) 193.44 245.91 391.13 804.68 1713.68
  Total (a+b) 2444.78 19537.82 4638.15 33322.20 64606.20
2 Expenditure          
a (Increase)/Decrease in Stock in Trade and Work in Progress (70.04) (2060.11) (165.92) (1760.40) 3172.88
b Consumption of Raw Materials 453.40 3912.29 781.93 6214.95 22208.54
c Purchase of traded goods 750.95 14164.84 1654.41 22698.27 34327.62
d Sales return for previous year 261.80 - 261.80 - -
e Employees Cost 42.01 195.41 81.82 367.08 703.37
f Depreciation 501.16 670.50 1090.74 1108.51 2467.22
g Manufacturing Expenses 384.33 725.06 698.34 1268.55 2720.29
h Administrative Expenses 154.17 394.02 307.24 625.30 1421.17
i Selling Expenses 92.61 758.29 175.58 1354.46 684.00
j Provision for Bad & Doubtful Debts - - - - 1721.83
k Loss / (gain) On forward Contracts - 120.28 - 119.36 119.36
  Total (a to k) 2570.39 18880.58 4885.94 31996.08 69546.28
3 Profit operations from operations before other income, interest & exceptional items (1-2) (125.61) 657.24 (247.79) 1326.12 (4940.08)
4 Other income 128.26 48.65 277.95 87.53 1093.33
5 Profit/ (Loss)before interest & exceptional items (3+4) 2.65 705.89 30.16 1413.65 (3846.75)
6 Interest 625.83 846.56 1166.07 1438.33 3030.89
7 Profit/ (Loss ) after interest but before exceptional items (5-6) (623.18) (140.67) (1135.91) (24.68) (6877.64)
8 Exceptional Items - - - - -
9 Profit (+)/Loss(-) from Ordinary Activities before tax (7+8) (623.18) (140.67) (1135.91) (24.68) (6877.64)
10 Provision for taxation - Current - - - 15.00 -
11 Income-tax for earlier years - - (145.60) - 0.37
12 Provision for tax - Deferred - - - - (1084.39)
13 Net profit (+)/ Loss (-) from Ordinary Activities after tax (9-10-11-12) (623.18) (140.67) (990.31) (39.68) (5793.62)
14 Extraordinary items(net of tax expense) - - - - -
15 Net Profit (+) / Loss (-) for the period (13-14) (623.18) (140.67) (990.31) (39.68) (5793.62)
16 Paid up Equity Share Capital (Face Value of each Share - Rs.2/-) 1579.05 1579.05 1579.05 1579.05 1579.05
17 Reserves excluding revaluation reserves - - - - 31561.44
18 Earnings per share (EPS)          
  (a) Basic and diluted EPS before extraordinary items for the period to date and for the previous year (not to be annualised) (0.79) (0.18) (1.25) (0.05) (7.34)
  (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) (0.79) (0.18) (1.25) (0.05) (0.05)
19 Public Shareholding          
  a) No. of Shares 43463769 41531670 43463769 41531670 38463769
  b) Percentage of shareholding 55.05 52.60 55.05 52.60 48.72
19 Promoters and promoter group shareholding          
  a) Pledged / Encumbered          
  - Number of Shares Nil Nil Nil Nil Nil
  - Percentage of shares (as a % of total share capital of the Company) Nil Nil Nil Nil Nil
  b) Non - encumbered          
  - Number of Shares 35488351 37420950 35488351 37420950 40488851
  - Percentage of shares (as a % of total shareholding of promoter and promoter group) 100 100 100 100 100
  - Percentage of shares (as a % of total share capital of the Company) 44.95 47.40 44.95 47.40 51.28

STATEMENT OF ASSETS & LIABILITIES AS AT 30TH SEPTEMBER 2011

Particulars 6 months ended Corresponding 6 months ended Previous accounting year ended
30/09/11
Unaudited 		30/09/10
Unaudited 		31/03/11
Audited
LIABILITIES      
Shareholders Fund      
(a) Capital 2979.05 2979.05 2979.05
(b) Reserve and Surplus 30472.91 37562.20 31561.44
Loan Funds 42274.23 18818.02 26045.07
Deferred Tax Liability 14.83 1099.22 14.83
Total Liabilities 75741.02 60458.49 60600.39
       
ASSETS      
Fixed Assets 19952.89 22103.01 21124.54
Investments 0.39 205.39 0.39
Current Assets, Loans & Advances      
a) Inventories 22072.09 26707.87 21951.73
b) Sundry Debtors 28479.61 16671.35 14784.57
c) Cash & Bank Balance 1420.92 2909.94 2721.17
d) Loans & Advance 5360.53 5450.18 6972.51
Less:      
Current Liabilities & Provisions      
a) Current Liabilities 1405.41 12988.18 6539.52
b) Provisions 140.00 601.07 415.00
Total Assets 75741.02 60458.49 60600.39

NOTES:
1. The operations of the company relate to only one primary segment viz. Textiles
2. The final restructuring report has been submitted by the leader of consortium and other lender banks are in the process of submitting the final report.
3. No provisioning has been made in the quarterly accounts in respect of opening stock of inventories as at 1st April,2011 and doubtful debts as at 31st March,2011 for further depletion, if any.
4 The Company had received one investor complaint during the quarter ended 30th September, 2011and no complaint was pending at the beginning and end of this quarter.
5 The statutory auditors have carried out a limited review of the above financial results.
6 The above mentioned financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 14th November, 2011.
7 No forward contracts were entered and there are no outstanding contracts as at 30th September,2011.
8 Pevious period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.
  Place: Kolkata
Date: 14th November, 2011 		For Eastern Silk Industries Ltd.
S.S.Shah
CHAIRMAN & MANAGING DIRECTOR



UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2011
  (Rs. in Lacs)
Particulars 3 months ended Corresponding 3 months ended Previous accounting year
30/06/2011 30/06/2010 31/03/11
Unaudited Unaudited Audited
1 a. Net Sales / Income from Operation 1995.68 13225.61 62892.52
  b. Other operating income (Net) 197.69 558.77 1713.68
  Total (a+b) 2193.37 13784.38 64606.20
2 Expenditure      
a (Increase)/Decrease in Stock in Trade and Work in Progress (95.88) 299.71 3172.88
b Consumption of Raw Materials 328.53 2302.66 22208.54
c Purchase of traded goods 903.46 8533.43 34327.62
d Employees Cost 39.81 171.67 703.37
e Depreciation 589.58 438.01 2467.22
f Manufacturing expenses 314.01 543.49 2720.29
g Administrative expenses 153.07 231.28 1421.17
h Selling expenses 82.97 596.17 684.00
i Provision for Bad & Doubtful debts - - 1721.83
j Loss / Gain on forward contracts - (0.92) 119.36
  Total Expenditure (a to j) 2315.57 13115.50 69546.28
3 Profit/(loss) from operations before other income & interest & exceptional items (1-2) (122.20) 668.88 (4940.08)
4 Other income 149.69 38.88 1093.33
5 Profit/(Loss) before interest & exceptional items (3+4) 27.49 707.76 (3846.75)
6 Interest 540.24 591.77 3030.89
7 Profit/(Loss) after interest but before exceptional items (5-6) (512.75) 115.99 (6877.64)
8 Exceptional Items - - -
9 Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) (512.75) 115.99 (6877.64)
10 Provision for Taxation - Current - 15.00 -
11 Income-Tax for earlier years (145.60) - 0.37
12 Provision for tax - Deferred - - (1084.39)
13 Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10-11-12) (367.15) 100.99 (5793.62)
14 Extraordinary items (net of tax expense) - - -
15 Net Profit(+)/Loss(-) for the period (13-14) (367.15) 100.99 (5793.62)
16 Paid up Equity Share Capital (Face Value of each share - Rs.2/-) 1579.05 1579.05 1579.05
17 Reserves (excluding revaluation reserves) - - 31561.44
18 Earnings per share (EPS)      
  (a) Basic and diluted EPS before extraordinary items for the period to date and for the previous year ( not to be annualised ) (0.47) 0.13 (7.34)
  (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) (0.47) 0.13 (7.34)
19 Public Shareholding      
  a) No. of Shares 38463769 41531670 38463769
  b) Percentage of shareholding 48.72 52.60 48.72
18 Promoters and promoter group shareholding      
  a) Pledged / Encumbered      
  - Number of Shares Nil Nil Nil
  - Percentage of shares (as a % of total share capital of the Company) Nil Nil Nil
  b) Non - encumbered      
  - Number of Shares 40488851 41531670 40488851
  - Percentage of shares (as a % of total shareholding of promoter and promoter group) 100 100 100
  - Percentage of shares (as a % of total share capital of the Company) 51.28 47.40 51.28
         


NOTES:
1. The operations of the company relate only to one primary segment viz. Textiles
2. In view of the down sizing of the business,bank debts have to be restructured and accordingly a flash report submitted to the Corporate Debt Restructuring Cell has been admitted for appraisal.
3. No Provisioning has been done in the quaterly accounts in respect of Lower Valuation of Closing Stock of Inventories and Doubful Debts as at 30th June,2011.
4. The Company had received one investor complaint during the quarter ended 30th June 2011 and no complaint was pending at the beginning and end of this quarter.
5. The statutory auditors have carried out a limited review of the financial results for the quarter ended 30th June 2011.
6. The above mentioned financial results have been approved by the Audit Committee and taken on record by the Board of Directors at its meeting held on 12th August,2011.
7. As per Accounting standard AS 30 " Financial Instruments recognition and measurements" issued by the Institute of Chartered Accountants of India, Loss on Forward Contracts for the quarter represent loss on contracts in foreign currencies outstanding/ matured during the quarter ended as on 30th June 2011.There is no mark to market valuation of Forward Contracrs as there are no outstanding contracts as on 30th June 2011 .
8. Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.
  Place: Kolkata
Date: 12th August, 2011  		For Eastern Silk Industries Ltd.
S.S.Shah
CHAIRMAN & MANAGING DIRECTOR


UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st DECEMBER 2010
  (Rs. in Lacs)
Particulars 3 months ended Corresponding 3 months ended 9 months ended Corresponding 9 months ended Previous accounting year ended
31/12/10 31/12/09 31/12/10 31/12/09 31/03/10
Unaudited Unaudited Unaudited Unaudited Audited
1 a. Net Sales / Income from Operation 21579.04 12866.89 54096.56 39887.29 54393.09
  b. Other operating income (Net) 688.77 316.44 1493.45 855.78 1018.12
  Total (a+b) 22267.81 13183.33 55590.01 40743.07 55411.21
2 Expenditure          
a (Increase)/Decrease in Stock in Trade and Work in Progress (1684.16) (1130.00) (3444.56) 5352.52 (102.64)
b Consumption of Raw Materials 7820.82 4009.03 14035.77 8823.18 19845.88
c Purchase of traded goods 12319.69 6682.29 35017.96 15290.04 19676.78
d Employees Cost 317.68 246.44 684.76 560.15 752.99
e Depreciation 583.05 364.36 1691.56 1084.24 1533.58
f Manufacturing Expenses 570.61 1150.50 1839.16 3089.41 5964.12
g Administrative Expenses 381.21 368.56 1006.51 1357.80 1853.96
h Selling expenses 1026.38 780.72 2380.84 2476.65 2782.23
  Total Expenditure (a to h) 21335.28 12471.90 53212.00 38033.99 52306.90
3 Profit operations before other income, interest & exceptional items (1-2) 932.53 711.43 2378.01 2709.08 3104.31
4 Other income 55.21 35.59 142.74 115.19 181.94
5 (Loss) / Gain on forward Contracts/Derivatives 0.00 10.61 (119.36) (96.10) (75.80)
6 Profit before interest & exceptional items (3+4+5) 987.74 757.63 2401.39 2728.17 3210.45
7 Interest 854.64 715.06 2292.97 1818.46 2525.02
8 Profit after interest but before exceptional items (6-7) 133.10 42.57 108.42 909.71 685.43
9 Exceptional Items - - - - -
10 Profit (+) / Loss (-) from Ordinary Activities before tax (8+9) 133.10 42.57 108.42 909.71 685.43
11 Tax expense 5.00 20.00 20.00 160.00 275.00
12 Net Profit (+) / Loss (-) from Ordinary Activities after tax (10-11) 128.10 22.57 88.42 749.71 410.43
13 Extraordinary Items (net of tax expense) - - - - -
14 Net Profit (+) / Loss (-) for the period (12-13) 128.10 22.57 88.42 749.71 410.43
15 Paidup Equity Share Capital (Face value of each share - Rs.2/-) 1579.05 1579.05 1579.05 1579.05 1579.05
16 Reserves excluding revaluation reserves (as per Balance Sheet of previous accounting year to be given in col. 3) - -     37638.52
17 Earnings per share (EPS)          
  (a) Basic and diluted EPS before extraordinary items for the period to date and for the previous year (not to be annualised) 0.16 0.03 0.11 0.95 0.52
  (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) 0.16 0.03 0.11 0.95 0.52
18 Public Shareholding          
  a) No. of Shares 41531670 41531670 41531670 41531670 41531670
  b) Percentage of shareholding 52.60 52.60 52.60 52.60 52.60
19 Promoters and promoter group shareholding          
  a) Pledged / Encumbered          
  - Number of Shares Nil Nil Nil Nil Nil
  - Percentage of shares (as a % of total share capital of the Company) Nil Nil Nil Nil Nil
  b) Non - encumbered          
  - Number of Shares 37420950 37420950 37420950 37420950 37420950
  - Percentage of shares (as a % of total shareholding of promoter and promoter group) 100 100 100 100 100
  - Percentage of shares (as a % of total share capital of the Company) 47.40 47.40 47.40 47.40 47.40

NOTES:
1. The operations of the company relate to only one primary segment viz. Textiles
2. The Company had received one investor complaint during the quarter ended 31st December 2010 and no complaint was pending at the beginning and end of this quarter.
3. The statutory auditors have carried out a limited review of the financial results for the quarter ended 31st December, 2010.
4 The above mentioned financial results were approved by the Audit Committee and taken on record by the Board of Directors at its meeting held on 11th February 2011.
5 As per Accounting standard AS 30 "Financial Instruments recognition and measurements" issued by the Institute of Chartered Accountants of India, Loss on Forward Contracts for the quarter represent Loss on contracts in foreign currencies outstanding / matured during the quarter ended as on 31st December 2010. There is no mark to market valuation of Forward Contracts as there are no outstanding contracts as on 31st December 2010.
6 Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.
  Place: Kolkata
Date: 11th February, 2011 		For Eastern Silk Industries Ltd.
S.S.Shah
CHAIRMAN & MANAGING DIRECTOR



UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER 2010
  (Rs. in Lacs)
Particulars 3 months ended Corresponding 3 months ended 6 months ended Corresponding 6 months ended Previous accounting year ended
30/09/10 30/09/09 30/09/10 30/09/09 31/03/10
Unaudited Unaudited Unaudited Unaudited Audited
1 a. Net Sales / Income from Operation 19291.91 11842.20 32517.52 27020.40 54393.09
  b. Other operating income (Net) 245.91 146.60 804.68 539.34 1018.12
  Total (a+b) 19537.82 11988.80 33322.20 27559.74 55411.21
2 Expenditure          
a (Increase)/Decrease in Stock in Trade and Work in Progress (2060.11) 438.58 (1760.40) 6482.52 (102.64)
b Consumption of Raw Materials 3912.29 2734.53 6214.95 4814.15 19845.88
c Purchase of traded goods 14164.84 4817.62 22698.27 8607.75 19676.78
d Employees Cost 195.41 169.67 367.08 313.71 752.99
e Depreciation 670.50 360.09 1108.51 719.88 1533.58
f Manufacturing expenses 725.06 1452.59 1268.55 1938.91 5964.12
g Administrative expenses 394.02 365.57 625.30 989.24 1853.96
h Selling expenses 758.29 767.51 1353.46 1695.93 2782.23
  Total Expenditure (a to h) 18760.30 11106.16 31876.72 25562.09 52306.90
3 Profit operations before other income, interest & exceptional items (1-2) 777.52 882.64 1445.48 1997.65 3104.31
4 Other income 48.65 41.08 87.53 79.60 181.94
5 (Loss) / Gain on forward Contracts/Derivatives (120.28) 31.78 (119.36) 106.71 (75.80)
6 Profit before interest & exceptional items (3+4+5) 705.89 955.50 1413.65 2183.96 3210.45
7 Interest 846.56 547.35 1438.33 1103.40 2525.02
8 Profit after interest but before exceptional items (6-7) (140.67) 408.15 (24.68) 1080.56 685.43
9 Exceptional Items - - - - -
10 Profit (+) / Loss (-) from Ordinary Activities before tax (8+9) (140.67) 408.15 (24.68) 1080.56 685.43
11 Tax expense   56.00 15.00 140.00 275.00
12 Net Profit (+) / Loss (-) from Ordinary Activities after tax (10-11) (140.67) 352.15 (39.68) 940.56 410.43
13 Extraordinary Items (net of tax expense) - - - - -
14 Net Profit (+) / Loss (-) for the period (12-13) (140.67) 352.15 (39.68) 940.56 410.43
15 Paidup Equity Share Capital (Face value of each share - Rs.2/-) 1579.05 1579.05 1579.05 1579.05 1579.05
16 Reserves excluding revaluation reserves (as per Balance Sheet of previous accounting year to be given in col. 3) - -     37638.52
17 Earnings per share (EPS)          
  (a) Basic and diluted EPS before extraordinary items for the period to date and for the previous year (not to be annualised) (0.18) 0.45 (0.05) 1.19 0.52
  (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) (0.18) 0.45 (0.05) 1.19 0.52
18 Public Shareholding          
  a) No. of Shares 41531670 41531670 41531670 41531670 41531670
  b) Percentage of shareholding 52.60 52.60 52.60 52.60 52.60
19 Promoters and promoter group shareholding          
  a) Pledged / Encumbered          
  - Number of Shares Nil Nil Nil Nil Nil
  - Percentage of shares (as a % of total share capital of the Company) Nil Nil Nil Nil Nil
  b) Non - encumbered          
  - Number of Shares 37420950 37420950 37420950 37420950 37420950
  - Percentage of shares (as a % of total shareholding of promoter and promoter group) 100 100 100 100 100
  - Percentage of shares (as a % of total share capital of the Company) 47.40 47.40 47.40 47.40 47.40


STATEMENT OF ASSETS & LIABILITIES AS AT 30TH SEPTEMBER 2010

Particulars 6 months ended Corresponding 6 months ended Previous accounting year ended
30/09/10
Unaudited 		30/09/09
Unaudited 		31/03/10
Audited
LIABILITIES      
Shareholders Fund      
(a) Capital 2979.05 2979.05 2979.05
(b) Reserve and Surplus 37562.20 38277.61 37638.52
Loan Funds 18818.02 16201.79 17142.80
Deferred Tax Liability 1099.22 1256.57 1099.22
Total Liabilities 60458.49 58715.02 58859.59
       
ASSETS      
Fixed Assets 22103.01 21448.96 21473.69
Investments 205.39 481.68 205.39
Current Assets, Loans & Advances      
a) Inventories 26707.87 19230.14 25157.31
b) Sundry Debtors 16671.35 15163.69 7744.31
c) Cash & Bank Balance 2909.94 2282.61 2817.95
d) Loans & Advance 5450.18 12508.49 12787.47
Less:      
Current Liabilities & Provisions      
a) Current Liabilities 12988.18 10237.24 10630.72
b) Provisions 601.07 2163.31 695.81
Total Assets 60458.49 58715.02 58859.59


NOTES:
1. The operations of the company relate to only one primary segment viz. Textiles
2. The Company had received twelve investor complaints during the quarter ended 30th September 2010 and no complaints was pending at the beginning and end of this quarter.
3. The statutory auditors have carried out a limited review of the financial results for the quarter ended 30th September, 2010.
4 The above mentioned financial results were approved by the Audit Committee and taken on record by the Board of Directors at its meeting held on 10th November 2010.
5 As per Accounting standard AS 30 "Financial Instruments recognition and measurements" issued by the Institute of Chartered Accountants of India, Loss on Forward Contracts for the quarter represent Loss on contracts in foreign currencies outstanding / matured during the quarter ended as on 30th September 2010 . There is no mark to market valuation of Forward Contracts as there are no outstanding contracts as on 30th September 2010.
6 Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.
  Place: Kolkata
Date: 10th November, 2010 		For Eastern Silk Industries Ltd.
S.S.Shah
CHAIRMAN & MANAGING DIRECTOR