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Unaudited Financial Results for the period ended on 30.06.03

(Rs. in Lacs)   
S.No.
Particular
Quarter ended 30.06.03
(3 Months)
Quarter ended 30.06.02
(Months)
Year ended 31.03.03
I
 Net Sale/Income from operation
654.39
1836.65
9074.83
II
 Other Income
10.96
46.04
224.92
III
 Total Expenditure
 
 
 
  
 a) ( Increase)/decrease in stock in trade
(14.58)
(221.80)
201.63
  
 b) Staff Cost
83.17
169.97
546.75
  
 c) Raw Material Consumption
399.98
1147.45
5481.96
 
 d) Excise duty
75.12
260.79
1054.58
 
 e) other expenditure
149.89
512.31
1565.36
IV
 Interest
120.15
111.21
416.84
V
 Depreciation
104.63
124.67
458.30
VI
 Profit(+)/Loss(-) before tax(1+2-3-4-5)
(253.01)
(221.91)
(425.67)
VII
 Provision of Taxation
 
 
(219.16)
VIII
 Net profit(+)/Loss(-)   after tax (6-7)
(253.01)
(221.91)
(206.51)
IX
 Provision of Deferred Tax  
 
 
X
 Net profit(+)/Loss(-)  after Deferred tax (8-9)
(253.01)
(221.91)
(206.51)
XI
 Prior Period Adjustment
 
 
XII
 Paid -up Equity Share Capital
1101.89
1101.89
1101.89
EPS
(1.15)
(1.01)
(0.94)

  • The above results were approved by the Board of Directors in its Meeting held on 21st July, 2003.
  • Company operates only in one segment i.e in telecom cables hence Segment Reporting as defined in Accounting Standard 17 is not applicable.
  • The above results are of Aksh Optifibre Ltd. only and are not consolidated with the results of its subsidiaries.
  • Lower sales and loss is on account of depressed market condition and economically unviable prices.
  • Total investor grievances received during the quarter ended 30 th June 2003-30,Disposed off during the quarter 30;Unresolved at 30.06.2003-Nil.

 

For and on behalf of Board of Directors
of AKSH OPTIFIBRE LTD.
Sd/-
Place : Gurgaon
Date : 21st July, 2003
KAILASH S CHOUDHARI
Managing Director
 

 
 
 
     
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