Aksh Optifibre Limited
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Audited Financial Results for the period ended on 30.06.02

(Rs. in Lacs)   
S.No.
Particular
Quarter ended 30.06.02
(3 Months)
Quarter ended 30.06.01
(Months)
Year ended 31.03.02
I
 Net Sale/Income from operation
1836.65
5994.73
23170.60
II
 Other Income
46.04
29.62
124.80
III
 Total Expenditure
1868.72
4539.88
20078.49
  
 a) ( Increase)/decrease in stock in trade
(221.80)
(176.00)
(85.15)
  
 b) Staff Cost
169.97
166.58
692.02
  
 c) Raw Material Consumption
1147.45
3138.49
13753.29
 
 d) Excise duty
260.79
794.32
2853.35
 
 e) other expenditure
512.31
616.49
2864.98
IV
 Interest
111.21
49.18
308.98
V
 Depreciation
124.67
100.03
543.17
VI
 Profit(+)/Loss(-) before tax(1+2-3-4-5)
(221.91)
1335.24
2364.76
VII
 Provision of Taxation
0.00
333.49
244.00
VIII
 Net profit(+)/Loss(-)   after tax (6-7)
(221.91)
1001.75
2120.76
IX
 Provision of Deferred Tax
0.00
0.00
226.33
X
 Net profit(+)/Loss(-)  after Deferred tax (8-9)
(221.91)
1001.75
1894.43
XI
 Prior Period Adjustment
24.44
(2.47)
XII
 Paid -up Equity Share Capital
1101.89
1101.89
1101.89
EPS
(1.01)
4.55
8.60

  • The above results were approved by the Board of Directors in its Meeting held on 29th July, 2002.
  • Segment Reporting as defined in Accounting Standard 17 is not applicable, since the Company is engaged in the manufacture of Optical Fibre Cable and related components.
  • Provision for deferred Taxation will be made at the end of the year.
  • Final dividend for the year 2001-02 @ Re.1 on the share of F.V. of Rs. 5 per share has been despatched to the respective shareholders.
  • The above results are of Aksh Optifibre Ltd. only and are not consolidated with the results of its subsidiaries.
  • Delay in opening of BSNL Tenders has impacted the sales and margins have dropped as a result of reduced sales realisation.
  • The above results are not indicative of performance of the Company for the whole year in view of cyclical nature of the business of the Company.

For and on behalf of Board of Directors
of AKSH OPTIFIBRE LTD.
Sd/-
Place : Gurgaon
Date : 29th July, 2002
KAILASH S CHOUDHARI
Managing Director
 

 
 
 
     
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