Audited Financial Results for the Year ended 31st March, 2008
(Rs. In Lacs)
Sr. No.
Particulars
Quarter ended 31.03.2008 (Audited)
Quarter ended 31.03.2007 (Unaudited)
Year ended 31.03.2008 (Audited)
Year ended 31.03.2007 (Audited)
1
Net Sales / Income from Operations
3415.96
3258.52
12594.22
12840.07
2
Other income
34.51
10.40
40.96
22.96
3
Total (1+2)
3450.47
3268.92
12635.18
12863.03
4
Expenditure
a) (Increase) / Decrease in Stock-in-Trade & Work in Progress
63.62
353.83
205.12
(85.28)
b) Consumption of Raw Materials
2843.17
1820.32
8984.59
8364.74
c) Employee Cost
410.91
410.15
1608.77
1519.87
d) Depreciation and Amortisation
1062.95
1229.46
4709.40
4905.80
e) Other Expenditure
35.15
579.00
2369.96
2449.85
Total
4415.80
4392.76
17877.84
17154.98
5
Interest
4.14
89.61
926.73
528.31
6
Exceptional Items
-
-
-
-
7
Profit / (Loss) from Ordinary Activities before Tax (3) - (4+5+6)
(969.47)
(1213.45)
(6169.39)
(4820.26)
8
Tax Expense
- Fringe Benefit Tax
4.59
14.98
21.06
22.55
- Deffered Tax Assets
-
-
-
2444.49
9
Profit / (Loss) from Ordinary Activities after Tax (7-8)
(974.06)
(1228.43)
(6190.45)
(7287.30)
10
Extraordinary Items-Income/(Expense)
898.10
-
1,313.88
(8474.80)
11
Net Profit /(Loss) (9-10)
(75.96)
(1228.43)
(4876.57)
(15762.10)
12
Paid-up Equity Share Capital of Face Value of Rs.2/- each
7141.75
4220.80
7141.75
4220.80
13
Reserves excluding revaluation reserves
60240.97
43907.72
14 (a)
Earning Per Share before Extraordinary Items (in Rs.) -
Basic & Diluted
(0.27)
(0.58)
(2.47)
(3.45)
(b)
Earning Per Share after Extraordinary Items (in Rs.) -
Basic & Diluted
(0.02)
(0.58)
(1.92)
(7.50)
15
Public Shareholding
Number of Shares
201964202
140708412
201964202
140708412
Percentage of shareholding
56.52%
66.67%
56.52%
66.67%
Notes:
The above results have been audited by Statutory Auditors of the company and approved by Board of Directors at its meeting held on 15th May, 2008
The Company is exclusively engaged in the Pharmaceutical Business segment. Capital employed as on 31st March, 2008 is Rs.64415.09 Lacs.
Pending adjudication of petition filed u/s 391 of Companies Act, 1956 before Hon'ble High Court of Himachal Pradesh at Shimla interest of Rs. 1029.37 Lacs is not provided during the year.
Extraordinary items of Rs. 1313.88 Lacs represents net of incomes in respect of waiver received from Banks/Institutions, currency fluctuation/expenses related to GDR and interest written back.
Consolidated Sales, Profit(Loss) after tax and EPS for the year ended March 31, 2008 stands at Rs. 14776.71 Lacs , Rs.(-) 5485.83 Lacs & Rs.(-)2.16.
During the last Quarter, 4 shareholders' complaint were received which have been attended/redressed.
