Home Query List Contact Us   December'09 September'09 June'09 March'09   Download pdf Download pdf Download pdf Download pdf UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st DECEMBER 2009   (Rs. in Lacs) Particulars 3 months ended Corresponding 3 months ended 9 months ended Corresponding 9 months ended Prev. accounting year ended 31/12/09 Unaudited 31/12/08 Unaudited 31/12/09 Unaudited 31/12/08 Unaudited 31/03/09 Unaudited 1 a. Net Sales / Income from operation 12866.89 12551.46 39887.29 40993.61 51003.75   b. Other operating income 316.44 183.66 855.78 704.64 2296.43   Total income from operation 13183.33 12735.12 40743.07 41698.25 53300.18 2 Expenditure           a (Increase)/Decrease in Stock in Trade & work in progress (1130.00) (872.53) 5352.52 (1594.65) (8992.80) b Consumption of Raw Materials 4009.03 1393.78 8823.18 8511.08 10473.21 c Purchase of traded goods 6682.29 9845.11 15290.04 19809.84 34673.16 d Employees Cost 246.44 166.42 560.15 475.26 719.62 e Depreciation 364.36 411.32 1084.24 1231.05 1647.56 f Manufacturing expenses 1150.50 377.61 3089.41 3729.62 4297.24 g Administrative expenses 368.56 182.41 1357.80 1019.46 1227.88 h Selling expenses 780.72 572.21 2476.65 2632.26 3399.99 i Loss / Gain on forward contracts (10.61) (26.69) 96.10 748.54 1679.51   Total Expenditure 12461.29 12049.64 38130.09 36562.46 49125.37 3 Profit operations before other income, interest & exceptional items (1-2) 722.04 685.48 2612.98 5135.79 4174.81 4 Other income 35.59 22.59 115.19 76.69 152.00 5 Profit before interest & exceptional items (3+4) 757.63 708.07 2728.17 5212.48 4326.81 6 Interest 715.06 683.40 1818.46 1808.48 2414.99 7 Profit after interest but before exceptional items (5-6) 42.57 24.67 909.71 3404.00 1911.82 8 Exceptional items 20.00 110.00 160.00 320.00 (9.23) 9 Profit (+) / Loss (-) from ordinary activities before tax (7+8) 22.57 (85.33) 749.71 3084.00 1921.05 10 Tax expense 20.00 110.00 160.00 320.00 (9.23) 11 Net profit(+)/Loss(-) from ordinary activities after tax (9-10) 22.57 (85.33) 749.71 3084.00 1921.05 12 Extraordinary Items (net of tax expense) - - - - - 13 Net Profit (+) / Loss (-) for the period (11-12) 22.57 (85.33) 749.71 3084.00 1921.05 14 Paid up equity share capital (Face value of each share - Rs2/-) 1579.05 1579.05 1579.05 1579.05 1579.05 15 Reserves excluding revaluation reserves (as per Balance Sheet of previous accounting year to be given in col.5) - - - - 37548.55 16 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 ) 0.03 (0.11) 0.95 3.91 2.43   (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) 0.03 (0.11) 0.95 3.91 2.43 17 Public Shareholding             a) No. of Shares 41531670 41531970 41531670 41531670 41531670   b) Percentage of shareholding 52.60 52.60 52.60 52.60 52.60 18 Promoters and Promoter group shareholding             a) Pledged / encumbered             - Number of shares Nil Nil Nil Nil Nil   - Percentage of shares (as a % of the 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 the total shareholding of promoter and promoter group) 100 100 100 100 100   - Percentage of shares (as a % of the total share capital of the company) 47.40 47.40 47.40 47.40 47.40 NOTES: 1. The operations of the company relate only to one primary segment viz. Textiles 2. There were no complaints from investors outstanding at the beginning of the quarter and no complaints were received from the shareholders during the quarter. 3. The above financial results are subject to the "Limited Review" by the Statutory Auditors of the Company. 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 29th day of January 2010. 5 As per Accounting standard AS 30 " Financial Instruments recognition and measurements" issued by the Institute of Chartered Accountants of India, Gain on Forward Contracts for the quarter represent gain on forward contracts in foreign currencies which matured during the current quarter. The mark to market gain on contracts outstanding as on 31st December 2009 is not significant. 6 Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.   Place: Kolkata Date: 29.01.2010   For Eastern Silk Industries Ltd. S.S.Shah CHAIRMAN & MANAGING DIRECTOR UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER, 2009     Rs. in Lacs Rs. in Lacs Particulars 3 months ended Corresponding 3 months ended 6 months ended Corresponding 6 months ended Previous accounting year ended 30/09/09 Unaudited 30/09/08 Unaudited 30/09/09 Unaudited 30/09/08 Unaudited 31/03/09 Audited 1 a. Net Sales / Income from Operation 11842.20 15449.05 27020.40 28442.15 51003.75   b. Other operating Income 146.60 316.21 539.34 520.98 2296.43   c. Total (a+b) 11988.80 15765.26 27559.74 28963.13 53300.18 2 Expenditure         a) (Increase)/Decrease in Stock in Trade and Work In Progress 438.58 726.76 6482.52 (722.12) (8992.80)   b) Consumption of Raw materials 2734.53 3,188.05 4814.15 7117.30 10473.21   c) Purchase of traded goods 4817.62 4736.50 8607.75 9964.73 34673.16   d) Employees Cost 169.67 165.04 313.71 308.84 717.43   e) Depreciation 360.09 414.32 719.88 819.73 1647.56   f) Manufacturing Expenses 1452.59 2350.12 1938.91 3352.01 4297.24   g) Administrative Expenses 365.57 321.86 989.24 837.05 1227.88   h) Selling Expenses 767.51 1028.79 1695.93 2060.05 3399.99   i) Loss/(Gain) on Forward Contacts 31.78 1017.35 106.71 775.23 1679.51   Total Expenditure(a to i) 11137.94 13948.79 25668.80 24512.82 49123.18 3 Profit from operations before other income & interest (1-2) 850.86 1816.47 1890.94 4450.31 4177.00 4 Other Income 41.08 27.73 79.60 54.10 152.00 5 Profit before interest & exceptional items (3+4) 891.94 1844.20 1970.54 4504.41 4329.00 6 Interest 547.35 621.35 1103.40 1125.08 2414.99 7 Profit after interest but before exceptional items (5-6) 344.59 1222.85 867.14 3379.33 1914.01 8 Exceptional Items - - - - - 9 Profit (+) / Loss (-) from Ordinary Activities before Tax (7-8) 344.59 1222.85 867.14 3379.33 1914.01 10 Tax Expenses 56.00 110.00 140.00 320.00 (9.23) 11 Net profit(+)/Loss(-) from Ordinary Activities after tax (9-10) 288.59 1112.85 727.14 3059.33 1923.24 12 Extraordinary Items (net of tax expense) - - - - - 13 Net Profit(+)/Loss(-) for the epriod (11-12) 288.59 1112.85 727.14 3059.33 1923.24 14 Paid up Equity Share Capital (Face value of each share - Rs.2/-) 1579.05 1579.05 1579.05 1579.05 1579.05 15 Reserves excluding revaluation reserves (as per Balance Sheet of previous accounting year to be given in cil.3) - - - - 37739.61 16 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) 0.37 1.41 0.92 3.87 2.44   b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year (not to be annualised) 0.37 1.41 0.92 3.87 2.44 17 Public Shareholding             a)No. of Shares 4,15,31,670 4,15,31,670 4,15,31,670 4,15,31,670 4,15,31,670   b)Percentage of Shareholding 52.60 52.60 52.60 52.60 52.60 18 Promoters and promoter group Shareholding             a)Pledged / Encumbered             - Number of Shares Nil Nil Nil Nil Nil   - Percentage of shares (as a % of the total share capital of the Company) Nil Nil Nil Nil Nil   b)Non-encumbered             - Number of Shares 3,74,20,950 3,74,20,950 3,74,20,950 3,74,20,950 3,74,20,950   - Percentage of shares (as a % of the total shareholding of promoter and promoter group) 100 100 100 100 100   - Percentage of shares (as a % of the 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 complaints during the quarter ended 30th September 2009 and no complaint was pending at the beginning and end of the quarter. 3 The above financial results are subject to the limited review by the Statutory Auditors of the Company. 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 8th day of October, 2009. 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/Derivatives for the quarter represent loss on Forward Contracts/Derivatives in foreign currencies outstanding as on 31st March 2009 which matured during the current quarter. 6 Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.   Place: Kolkata Date: 8.10.2009 For Eastern Silk Industries Ltd. S.S.Shah CHAIRMAN & MANAGING DIRECTOR UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2009   (Rs. in Lacs) Particulars 3 months ended Corresponding 3 months ended Previous accounting year ended 30/06/09 30/06/08 31/03/09 Unaudited Unaudited Audited 1 a. Net Sales / Income from Operation 15178.20 12993.10 51003.75   b. Other operating income 392.74 202.16 2296.43   Total (a+b) 15570.94 13195.26 53300.18 2 Expenditure       a (Increase)/Decrease in Stock in Trade and Work in Progress 6043.94 (1448.88) (8992.80) b Consumption of Raw Materials 2079.62 3724.65 10473.21 c Purchase of traded goods 3790.13 5432.83 34673.16 d Employees Cost 144.04 143.80 717.43 e Depreciation 359.79 405.41 1647.56 f Manufacturing expenses 486.32 846.54 4297.24 g Administrative expenses 623.67 729.36 1227.88 h Selling expenses 928.42 972.44 3399.99 i Loss / Gain on forward contracts / derivatves 74.93 (242.12) 1679.51   Total Expenditure (a to i) 14530.86 10564.03 49123.18 3 Profit operations before other income & interest & exceptional items (1-2) 1040.08 2631.23 4177.00 4 Other income 38.52 28.98 152.00 5 Profit before interest & exceptional items (3+4) 1078.60 2660.21 4329.00 6 Interest 556.05 503.73 2414.99 7 Profit after interest but before exceptional items (5-6) 522.55 2156.48 1914.01 8 Exceptional Items - - - 9 Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) 522.55 2156.48 1914.01 10 Tax expense 84.00 210.00 (9.23) 11 Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10) 438.55 1946.48 1923.24 12 Extraordinary Items (net of tax expense) - - - 13 Net Profit (+) / Loss (-) for the period (11-12) 438.55 1946.48 1923.24 14 Paidup Equity Share Capital (Face value of each share - Rs.2/-) 1579.05 1579.05 1579.05 15 Reserves excluding revaluation reserves (as per Balance Sheet of previous accounting year to be given in col.5)     37739.61 16 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 ) 0.56 2.47 2.44   (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) 0.56 2.47 2.44 17 Public Shareholding         a) No. of Shares 41531670 41531670 41531670   b) Percentage of shareholding 52.60 52.60 52.60 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 37420950 37420950 37420950   - 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) 47.40 47.40 47.40 NOTES: 1. The operations of the company relate only to one primary segment viz. Textiles 2. There were no complaints from investors outstanding at the beginning of the quarter and no complaints ware received from the shareholders during the quarter. 3. The above financial results are subject to the limited review by the Statutory Auditors of the Company. 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 30th day of July 2009. 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 forward contracts in foreign currencies outstanding as on 31st March 2009 which matured during the current quarter. The mark to market valuation of Forward contracts outstanding as on 30th June 2009 indicates a loss of Rs.18.15 lacs which will be recognised in future cash flows. 6 Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.   Place: Kolkata Date: 30.07.2009   For Eastern Silk Industries Ltd. S.S.Shah CHAIRMAN & MANAGING DIRECTOR UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st MARCH 2009   (Rs. in Lacs) Particulars 3 months ended Corresponding 3 months ended 12 months ended Corresponding 12 months ended Prev. accounting year (Audited) 31/03/09 31/03/08 31/03/09 31/03/08 31/03/08 Unaudited Unaudited Unaudited Unaudited Audited 1 a. Net Sales / Income from Operation 10002.74 3682.04 50996.35 47617.56 48165.28   b. Other operating income 1849.04 114.59 2553.68 569.21 657.73 2 Expenditure           a (Increase)/Decrease in Stock in Trade and Work in Progress (8035.61) 1740.22 (9630.26) (842.37) (739.64) b Consumption of Raw Materials 1586.85 207.63 10097.93 11783.50 11793.80 c Purchase of traded goods 16075.74 122.46 35885.58 18465.04 18465.04 d Employees Cost 197.98 140.09 673.24 634.10 541.87 e Depreciation 403.01 481.40 1634.06 1577.40 1578.00 f Manufacturing expenses 615.76 580.69 44345.38 3956.50 3964.52 g Administrative expenses 190.06 410.62 1209.52 1199.85 1637.08 h Selling expenses 787.06 676.24 3419.32 3106.90 3202.70 i Loss / Gain on forward contracts / derivatves 930.97 386.55 1679.51 510.00 491.10   Total Expenditure 12751.80 4745.90 49314.26 40390.92 40934.47 3 Profit operations before other income & interest & exceptional items (1-2) (900.03) (949.27) 4235.76 7795.85 7888.54 4 Other income 64.66 80.35 141.35 414.60 425.70 5 Profit before interest & exceptional items (3+4) (835.37) (868.92) 4377.11 8210.45 8314.24 6 Interest 604.32 596.82 2412.80 2291.53 2297.62 7 Profit after interest but before exceptional items (5-6) (1439.69) (1465.74) 1964.31 5918.92 6016.62 8 Exceptional Items - - - - - 9 Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) (1439.69) (1465.74) 1964.31 5918.92 6016.62 10 Tax expense (478.50) (707.21) (158.50) 660.00 202.79 11 Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10) (961.19) (758.53) 2122.81 5258.92 5813.83 12 Extraordinary Items (net of tax expense) - - - - - 13 Net Profit (+) / Loss (-) for the period (11-12) (961.19) (758.53) 2122.81 5258.92 5813.83 14 Paidup Equity Share Capital (Face value of each share - Rs.2/-) 1579.05 1579.05 1579.05 1579.05 1579.05 15 Reserves excluding revaluation reserves (as per Balance Sheet of previous accounting year to be given in col.5)         34671.80 16 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 ) (1.22) (0.96) 2.69 6.66 35.99   (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) (1.22) (0.96) 2.69 6.66 35.99 17 Public Shareholding             a) No. of Shares 41531670 41557170 41531670 41557170 41557170   b) Percentage of shareholding 52.60 52.64 52.60 52.64 52.64 18 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 37395450 37420950 37395450 37395450   - 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 47.36 47.40 47.36 47.36 NOTES: 1. The operations of the company relate only to one primary segment viz. Textiles 2. Equity shares of Rs.10/- each ware sub divided into equity shares of Rs.2/- each w.e.f 7th July 2008. accordingly EPS for the quarter has been re-worked. 3. There were no complaints from investors outstanding at the beginning of the quarter and no complaints ware received from the shareholders during the quarter. 4 The above financial results are subject to the limited review by the Statutory Auditors of the Company. 5 The above mentioned financial results were taken on record by the Board of Directors at its meeting held on 24th day of April, 2009. 6 As per Accounting standard AS 30 " Financial Instruments recognition and measurements" issued by the Institute of Chartered Accountants of India, Loss on Forward Contracts/Derivatives for the quarter represent Loss on forward contracts / Derivative in foreign currencies outstanding as on 31st March 2009 which matured during the current quarter. The mark to market valuation of Forward contracts outstanding as on 31st March 2009 indicates a loss of Rs.152.12 lacs which will be recognised in future cash flows.. 7 Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.   Place: Kolkata Date: 24.04.2009   For Eastern Silk Industries Ltd. S.S.Shah CHAIRMAN & MANAGING DIRECTOR Contents are copyright © of Eastern Silk Industries Limited This site is best viewed with IE 7.0 or higher Website designed by: avsolutions.in