|
|
|
UNAUDITED
FINANCIAL RESULTS FOR THE QUARTER ENDED ON 31st MARCH 2007 |
|
|
|
|
|
(Rs.
in Lacs) |
| |
|
1 |
2 |
3 |
4 |
|
S.No.
|
Particular
|
Quarter ended 31.03.2007 |
Quarter ended 31.03.2006 |
Period ended 31.03.2007 |
Year ended 31.03.2006 |
Unaudited |
Audited |
Unaudited |
Audited |
|
I
|
Net Sales/Income from operations |
1,370.23 |
4,230.92 |
5,141.58 |
11,316.86 |
|
II
|
Other Income |
71.47 |
48.34 |
192.34 |
421.44 |
|
Total |
1,441.70 |
4,279.26 |
5,333.92 |
11,738.30 |
|
III |
TotalExpenditure |
|
|
|
|
|
a)
|
( Increase)/decrease in stock in trade |
(287.11) |
440.10 |
(592.11) |
380.71 |
b)
|
Staff Cost |
119.28 |
97.80 |
425.58 |
370.49 |
c) |
Raw Material Consumed |
930.01 |
1,869.07 |
2,897.93 |
5,435.02 |
(d)
|
Excise duty |
130.94 |
559.82 |
524.60 |
1,458.49 |
e)
|
Increase/(decrease) in Excise Duty on stock |
48.22 |
(52.61) |
68.59 |
(49.06) |
f) |
Other expenditure |
260.60 |
264.04 |
960.87 |
1,040.97 |
|
IV
|
Interest |
99.24 |
66.71 |
386.89 |
311.36 |
|
V
|
Depreciation |
129.30 |
149.22 |
505.78 |
562.27 |
|
VI
|
Profit before tax |
11.22 |
885.11 |
155.79 |
2,228.05 |
|
VII
|
Less:Tax Expenses |
|
|
|
|
|
-Fringe Benefit Tax |
1.10 |
0.28 |
3.45 |
3.12 |
|
-Income Tax |
1.26 |
68.43 |
17.48 |
128.73 |
|
-Deferred Tax |
25.19 |
742.11 |
82.38 |
742.11 |
|
VIII
|
Add:MAT Credit Entitlement |
1.26 |
128.73 |
17.48 |
128.73 |
|
IX
|
Net profit/(loss)after tax |
(15.07) |
203.02 |
69.96 |
1,482.82 |
|
X |
Paid -up Equity Share Capital |
1,101.89 |
1,101.89 |
1,101.89 |
1,101.89 |
|
XI |
Reserves excluding Revaluation Reserve |
|
|
|
5,914.16 |
XIII |
Earnings Per Share ( Rs.) |
|
|
|
|
|
-Basic |
(0.07) |
0.92 |
0.32 |
6.73 |
|
- Diluted |
(0.06) |
0.92 |
0.30 |
6.73 |
XII |
Aggregate of public shareholding |
|
|
|
|
|
|
No. of Equity Shares |
15,412,566 |
15,271,053 |
15,412,566 |
15,271,053 |
|
Percentage of Shareholding |
69.94 |
69.29 |
69.94 |
69.29 |
UNAUDITED
FINANCIAL RESULTS FOR THE QUARTER ENDED ON 31st MARCH 2007 |
| |
|
|
|
|
(Rs.
in Lacs) |
| |
|
1 |
2 |
3 |
4 |
|
S.No.
|
Particular
|
Quarter ended 31.03.2007 |
Quarter ended 31.03.2006 |
Period ended 31.03.2007 |
Year ended 31.03.2006 |
Unaudited |
Audited |
Unaudited |
Audited |
I
|
Segment Revenue ( Sales/Income) |
|
|
|
|
a.
|
Manufacturing |
1,441.70 |
4,279.26 |
5,333.92 |
11,738.30 |
b. |
Services |
- |
- |
- |
- |
|
Total |
1,441.70 |
4,279.26 |
5,333.92 |
11,738.30 |
II |
Segment Results ( Profit/(loss) (before tax and interest ) |
|
|
|
|
a)
|
Manufacturing |
72.20 |
951.82 |
396.81 |
2,539.41 |
b) |
Services |
- |
- |
- |
- |
c) |
Total |
72.20 |
951.82 |
396.81 |
2,539.41 |
(d) |
(Add)/Less - Interest |
99.24 |
66.71 |
386.89 |
311.36 |
e) |
- Unallocated Expenses/(Income) |
(38.26) |
- |
(145.87) |
- |
f) |
Total Profit/(Loss) before Tax |
11.22 |
885.11 |
155.79 |
2,228.05 |
III
|
Capital Employed(Segment Assets-Segment Liabilities) |
|
|
|
|
| |
| |
a.
|
Manufacturing |
10,467.01 |
7,868.44 |
10,467.01 |
7,868.44 |
b.
|
Services |
1,706.08 |
- |
1,706.08 |
- |
c.
|
Others |
855.00 |
- |
855.00 |
- |
| |
Total |
13,028.09 |
7,868.44 |
13,028.29 |
7,868.44 |
-
The above unaudited financial results were approved by the Audit Committee and taken on record by the Board of Directors in its meeting held on 28th April,2007 and a limited review of the same has been carried out by the Statutory Auditors of the Company.
-
The Hon'ble High Court of Rajasthan at Jaipur vide its order dated 23.02.07 approved the Amalgamation of Aksh Optifibre Limited with Aksh Broadband Limited(ABL).
-
714,032 Equity share of Rs. 5/- each at a price of Rs 62/- per share have been allotted on 4th April 2007 pursuant to the conversion notice received from one of the investor in respect of conversion of Bonds of an aggregate value of USD 1 million.
-
Pursuant to the approval of shareholders in its meeting held on 24th March 2007, the Board of Directors had allotted 60,00,000 Warrants , convertible into equity shares of Rs. 5/- each at a price of 63/- per share on prefrential basis upon payment of 1 of the amount.The balance 90% of the amount is payble within 18 months.
-
The Financial Year of the Company has been extended by a period of six months. Accordingly the current Financial Year will be for a period of 18 months to end on 30th September 2007.
-
During the quarter 15 investor grievances were received and resolved.There were no investor complaint pending for redressal at the beginning and at the end of the quarter.
-
Figures have been regrouped and rearranged wherever necessary.
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|
For
and on behalf of the board of Directors
AKSH OPTIFIBRE LIMITED
|
Place:
Gurgaon
|
KAILASH
S CHOUDHARI |
Date:
28th April,2007
|
Managing
Director |
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