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June'10 March'10 December'09 September'09
 
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UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2010
  (Rs. in Lacs)
Particulars 3 months ended Corresponding 3 months ended Previous accounting year ended
30/06/10 30/06/09 31/03/10
Unaudited Unaudited Audited
1 a. Net Sales / Income from Operation 13225.61 15178.20 54393.09
  b. Other operating income 558.77 392.74 1018.12
  Total (a+b) 13784.38 15570.94 55411.21
2 Expenditure      
a (Increase)/Decrease in Stock in Trade and Work in Progress 299.71 6043.94 (102.64)
b Consumption of Raw Materials 2302.66 2079.62 19845.88
c Purchase of traded goods 8533.43 3790.13 19676.78
d Employees Cost 171.67 144.04 752.99
e Depreciation 438.01 359.79 1533.58
f Manufacturing expenses 543.49 486.32 5964.12
g Administrative expenses 231.28 623.67 1853.96
h Selling expenses 596.17 928.42 2782.23
  Total Expenditure (a to h) 13116.42 14455.93 52306.90
3 Profit operations before other income, interest & exceptional items (1-2) 667.96 1115.01 3104.31
4 Other income 38.88 38.52 181.94
5 (Loss) / Gain on forward contracts 0.92 (74.93) (75.80)
6 Profit before interest & exceptional items (3+4+5) 707.76 1078.60 3210.45
7 Interest 591.77 556.05 2525.02
8 Profit after interest but before exceptional items (6-7) 115.99 522.55 685.43
9 Exceptional Items - - -
10 Profit (+) / Loss (-) from Ordinary Activities before tax (8+9) 115.99 522.55 685.43
11 Tax expense 15.00 84.00 111.66
12 Net Profit (+) / Loss (-) from Ordinary Activities after tax (10-11) 100.99 438.55 573.77
13 Extraordinary Items (net of tax expense) - - -
14 Net Profit (+) / Loss (-) for the period (12-13) 100.99 438.55 573.77
15 Paidup Equity Share Capital (Face value of each share - Rs.2/-) 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 ) 0.13 0.56 0.73
  (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) 0.13 0.56 0.73
18 Public Shareholding      
  a) No. of Shares 41531670 41531670 41531670
  b) Percentage of shareholding 52.60 52.60 52.60
19 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 to only 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 statutory auditors have carried out a limited review of the financial results for the quarter ended 30th June, 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 August 2010.
5 Due to recession in Europe there is no demand for spun silk and noil silk yarn manufactured at the company's unit 3 at Nanjungud (Karnataka). The management, therefore, decided to close down the said unit for which permission has been sought from Labour Dept., Govt. of Karnataka. The unit shall be revived when the overseas market improves.
6 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 outstanding as on 31st March 2010 which matured during the current quarter. The mark to market valuation of Forward contracts outstanding as on 30th June 2010 indicates a loss of Rs.49.88 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: 10.08.2010  
For Eastern Silk Industries Ltd.
S.S.Shah
CHAIRMAN & MANAGING DIRECTOR



UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st MARCH 2010
  (Rs. in Lacs)
Particulars 3 months ended Corresponding 3 months ended 12 months ended Prev. accounting year (Audited)
31/03/10 31/03/09 31/03/10 31/03/09
Unaudited Unaudited Unaudited Audited
1 a. Net Sales / Income from Operation 14460.47 10002.74 54347.76 51003.75
  b. Other operating income 159.78 1849.04 1015.56 2296.43
2 Expenditure        
a (Increase)/Decrease in Stock in Trade and Work in Progress (5513.13) (8035.61) (160.61) (8992.80)
b Consumption of Raw Materials 11037.58 1586.85 19860.76 10473.21
c Purchase of traded goods 4372.59 16075.74 19662.63 34673.16
d Employees Cost 185.79 197.98 745.94 719.62
e Depreciation 442.26 403.01 1526.50 1647.56
f Manufacturing expenses 2881.64 615.76 5971.05 4297.24
g Administrative expenses 511.23 190.06 1869.03 1227.88
h Selling expenses 281.02 787.06 2757.67 3399.99
i Loss / Gain on forward contracts (20.30) 930.97 75.80 1679.51
  Total Expenditure (a to i) 14178.68 12751.82 52308.77 49125.37
3 Profit operations before other income & interest & exceptional items (1-2) 441.57 (900.04) 3054.55 4174.81
4 Other income 19.47 64.66 134.66 152.00
5 Profit before interest & exceptional items (3+4) 461.04 (835.37) 3189.21 4326.81
6 Interest 666.86 604.32 2485.32 2414.99
7 Profit after interest but before exceptional items (5-6) (205.82) (1439.69) 703.89 1911.82
8 Exceptional Items - - - -
9 Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) (205.82) (1439.69) 703.89 1911.82
10 Tax expense (221.32) (478.50) 98.68 (9.23)
11 Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10) 15.50 (961.19) 605.21 1921.05
12 Extraordinary Items (net of tax expense) - - - -
13 Net Profit (+) / Loss (-) for the period (11-12) 15.50 (961.19) 605.21 1921.05
14 Paidup Equity Share Capital (Face value of each share - Rs.2/-) 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.4)       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 ) 0.02 (1.22) 0.77 2.43
  (b) Basic and diluted EPS after extraordinary items for the period to date and for the previous year ( not to be annualised ) 0.02 (1.22) 0.77 2.43
17 Public Shareholding        
  a) No. of Shares 41531670 41531670 41531670 41531670
  b) Percentage of shareholding 52.60 52.60 52.60 52.60
18 Promoters and promoter group shareholding        
  a) Pledged / Encumbered        
  - Number of Shares Nil Nil Nil Nil
  - Percentage of shares (as a % of total share capital of the Company) Nil Nil Nil Nil
  b) Non - encumbered        
  - Number of Shares 37420950 37420950 37420950 37420950
  - Percentage of shares (as a % of total shareholding of promoter and promoter group) 100 100 100 100
  - Percentage of shares (as a % of total share capital of the Company) 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 ware received from the shareholders during the quarter.
3. The above financial results are subject to "Limited Review" by the Statutory Auditors of the Company
4. The above mentioned financial results were taken on record by the Board of Directors at its meeting held on 29th day of April, 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 loss on contracts outstanding as on 31st March 2010 is Rs 48.10 lacs.
6. Previous period / year's figures have been regrouped / rearranged wherever necessary to conform to current period presentation.
  Place: Kolkata
Date: 29.04.2010  
For Eastern Silk Industries Ltd.
S.S.Shah
CHAIRMAN & MANAGING DIRECTOR




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