| |
GUJARAT NARMADA VALLEY
FERTILIZERS CO. LTD. |
Regd Office:
P.O. Narmadanagar 392015 Dist. Bharuch, Gujarat, India |
Phone: (02642)
247001 to 247015 Fax: 02642-247084 web : www.gnfc.in |
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UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE THREE MONTHS ENDED 30TH JUNE, 2008 |
|
Sr.
No
|
Particulars
|
For Three Months Ended |
For the Accounting Year Ended
31-03-2008
(Audited )
|
30-06-2008
(Unaudited) |
30-06-2007
(Unaudited)
|
1
|
Net Sales/Income from Operations
|
53,783 |
57,364
|
343,391
|
2 |
Other Income |
2,618 |
514 |
4,899 |
3 |
Total Income (1+2) |
56,401 |
57,878 |
348,290 |
4 |
Expenditure
|
|
(a) (Increase)/Decrease in stock in trade and work in progress
|
190 |
(13,768) |
1,375 |
| (b) Consumption of raw materials |
20,068 |
23,628 |
123,118
|
| (c) Power, fuel & other utilities |
6,762 |
7,045 |
34,162 |
| (d) Purchase of traded goods |
5,373 |
13,029 |
63,666 |
| (e) Employees' cost |
5,674 |
4,477 |
19,017 |
| (f) Depreciation |
2,803 |
2,708 |
11,052 |
| (g) Other expenditure |
11,011 |
8,879 |
38,208 |
| (h) Total Expenditure |
51,881 |
45,998 |
290,598 |
5
|
Interest (Net)
|
142 |
259
|
71
|
6 |
Exceptional Items |
0 |
0 |
0 |
7 |
Profit/ (Loss) from ordinary Activities before tax (3)-(4+5+6) |
4,378 |
11,621 |
57,621 |
8 |
(a) Tax Expenses
|
1,551 |
4,042
|
20,337
|
| |
(b) Excess provision for taxation of earlier years written back |
0 |
0 |
(4) |
9 |
Net Profit/ (Loss) from ordinary Activities after tax (7-8) |
2,827 |
7,579 |
37,288 |
10 |
Extraordinary Items (Net of tax expenses Rs Nil) |
0
|
0 |
0 |
11 |
Net Profit/ (Loss) for the period |
2,827 |
7,579 |
37,288 |
| 12 |
Paid up equity share capital
(Face value of Rs.10/- per Equity share)
|
15,543 |
15,543 |
15,543 |
| 13 |
Reserves excluding Revaluation Reserves
|
-- |
-- |
169,026 |
| 14 |
Earning per share -(EPS)
(a) Basic and Diluted EPS Before Extraordinary Items (Rs.)
|
1.82
|
4.88
|
23.99
|
| (b) Basic and Diluted EPS After Extraordinary Items (Rs.) |
1.82 |
4.88 |
23.99 |
| 15 |
Public Shareholding
- Number of shares
- Percentage of shareholding |
91412070
58.82% |
91412070
58.82% |
91412070
58.82% |
|
| Notes: |
|
| 1 |
During the quarter, there was an extended annual shut down in a large number of plants, delayed start up of plant revamp and damage to Air Compressor in Ammonia plant. This has resulted into higher number of nil production days. The plants have been re-commissioned in second half of July, 2008. |
| 2 |
The company has conservatively estimated & recognized the insurance claim in the accounts. Adjustments to the said claim would be made on its finalization. |
| 3 |
A limited review of the results for April-June, 2008 has been carried out by the Auditors of the Company. |
| 4 |
There was no investor complaint pending at the begining of the quarter. During the quarter, 58 complaints were received and duly attended & resolved and no complaint was pending at the close of quarter. |
| 5 |
The above results were reviewed by the Audit Committee of Directors in its meeting held on 29-07-2008 and taken on record and apporved by the Board of Directors at its meeting held on 30-07-2008. |
|
|
|
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For
and on behalf of the Board of Directors,
|
|
Place : Gandhinagar
Date : 30-07-2008 |
BALWANT SINGH
Managing Director |
|
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SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED |
|
Sr.
No
|
Particulars
|
For Three Months Ended |
For the Accounting Year Ended |
30-06-2008
Unaudited |
30-06-2007 Unaudited |
31-03-2008
Audited |
| 1 |
Segment Revenue : |
| |
A. Fertilizers |
28,198 |
29,987 |
208,235 |
| B. Chemicals |
24,837 |
26,738 |
131,700 |
| C. Others |
748 |
639 |
3,456 |
| Total |
53,783 |
57,364 |
343,391 |
| Less: Inter Segment Revenue |
0 |
0 |
0 |
| Net Sales/ Income from Operations |
53,783 |
57,364 |
343,391 |
| 2 |
Segment Results :
[Profit/ (Loss) before Tax & Interest from each segment] |
| |
A. Fertilizers |
1,087 |
2,575 |
6,107 |
| B. Chemicals |
4,807 |
9,780 |
51,446 |
| C. Others |
687 |
(238) |
(86) |
| Profit before tax, interest and other expenditure |
4,407 |
12,117 |
57,467 |
| Less : (i) Interest |
142 |
259 |
71 |
(ii) Other Unallocable
Expenditure |
1,454 |
751 |
2,851 |
| (iii) Unallocable Income |
(1,567) |
(514) |
(3,076) |
| Total Profit Before Tax |
4,378 |
11,621 |
57,621 |
| 3 |
Capital Employed :
(Segment Assets - Segment Liabilities) |
| |
A. Fertilizers |
76,047 |
59,698 |
89,477 |
| |
B. Chemicals |
97,161 |
85,793 |
97,402 |
| |
C. Others |
3,700 |
3,675 |
4,155 |
| |
D. Unallocated assets/(liabilities)(net) |
10,489 |
14,248 |
(6,464) |
| |
Total |
187,397 |
163,414 |
184,570 |
|
| |
| |
For
and on behalf of the Board of Directors,
|
|
Place : Gandhinagar
Date : 30-07-2008 |
BALWANT SINGH
Managing Director |
|
|
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| ___________________________________________________________________________________________________________ |
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| AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2008 |
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