|
|
|
Unaudited
Financial Results For The Quarter Ended 31.03.2009
| |
|
|
|
|
(Rs
in Lacs) |
| |
|
|
Quarter
Ended
31.03.2009
(Unaudited) |
Quarter
Ended
31.03.2008
(Unaudited) |
Year
Ended
31.12.2008
(Audited) |
| Gross
Sales |
|
|
15,374 |
16,330 |
67,475 |
| Less:
Excise & Sales Tax |
|
|
1,057 |
1,731 |
6,266 |
| Net
Sales / Income from Operations |
|
|
14,317 |
14,599 |
61,209 |
| Other
Operating Income |
|
|
156 |
176 |
868 |
| Total
Income |
|
|
14,473 |
14,775 |
62,077 |
| Expenditure |
|
|
|
|
|
| (Increase)/
Decrease In Stock In Trade |
|
|
33 |
(138) |
194 |
| Consumption
of Raw & Packing Materials |
|
|
9,035 |
10,190 |
42,436 |
| Staff
Costs |
|
|
1,117 |
1,046 |
5,093 |
Depreciation
& Amortisation |
|
|
752 |
730 |
2,862 |
| Other
Expenditure |
|
|
1,790 |
1,708 |
7,249 |
| Total
Expenditure |
|
|
12,727 |
13,536 |
57,834 |
| Foreign
Exchange (-)Loss/ (+) Gain |
|
|
(100) |
(143) |
(1,320) |
| Profit
from Operations before Other Income & Interest |
|
|
1,646 |
1,096 |
2,923 |
| Other
Income |
|
|
48 |
40 |
152 |
| Profit
before Interest |
|
|
1,694 |
1,136 |
3,075 |
| Interest
(Net ) (Refer Note C) |
|
|
63 |
(42) |
98 |
| Profit
from Ordinary Activities Before Tax |
|
|
1,631 |
1,178 |
2,977 |
Provision
for - Current Taxes (Refer Note D) |
|
|
503 |
262 |
960 |
|
- Deferred
Taxes |
|
|
12 |
(39) |
(162) |
|
-
Fringe Benefits Tax |
|
|
12 |
13 |
50 |
| Profit
from Ordinary Activities After Tax |
|
|
1,104 |
942 |
2,129 |
| Dividend
recommended/ paid per Equity Share (Rs.) |
|
|
|
|
1.80 |
| Paid
Up Share Capital - Equity Face Value Rs.2 |
|
|
1,254 |
1,254 |
1,254 |
| Reserves
(Excl. Revaluation Reserve) |
|
|
|
|
23,087 |
| Basic
& Diluted EPS (Not Annualised) (Rs.) |
|
|
1.76 |
1.50 |
3.40 |
| Public
Shareholding |
|
|
|
|
|
|
-Number of Shares |
|
|
22,641,258 |
22,734,830 |
22,734,830 |
|
-Percentage of Shareholding |
|
|
36.12% |
36.27% |
36.27% |
| Promoters
& Promoter Group Shareholding |
|
|
|
|
|
| a.
Pledged / Encumbered |
|
|
|
|
|
| -Number
of Shares |
|
|
Nil |
NA |
NA |
| -Percentage
of Shares ( as a % of the total shareholding of the promoter |
|
|
Nil |
NA |
NA |
| &
promoter group) |
|
|
|
|
|
| -Percentage
of Shares ( as a % of the total share capital of the company) |
|
|
Nil |
NA |
NA |
| b.Non-Encumbered |
|
|
|
|
|
|
-Number of Shares |
|
|
40,045,932 |
NA |
NA |
| -Percentage
of Shares ( as a % of the total shareholding of the promoter |
|
|
100.00% |
NA |
NA |
| &
promoter group) |
|
|
|
|
|
| -Percentage
of Shares ( as a % of the total share capital of the company) |
|
|
63.88% |
NA |
NA |
|
|
|
|
|
|
|
| Notes: |
|
|
|
|
|
| A. |
Inter
Unit Sales (not included in Net Sales & Raw Materials Consumed
above) |
|
|
1,024 |
1,225 |
5,210 |
|
In
accordance with AS 9 - Revenue Recognition, Inter Unit transfers
have not been included in Net Sales from year ended Y2008
and onwards. Figures for Q1 2008 have been accordingly recast
/ regrouped. |
| B. |
The
company's sole business segment is consumer packaging & all
activities of the company are incidental to this business
segment. |
| C. |
Interest
Expense for Q1-2008 is net of Interest Income of Rs.117 lacs
received on Income Tax Refunds. |
| D. |
Provision
for current taxes for Q1-2008 is net of write back of excess
provision of earlier periods of Rs.62 Lacs. |
| E. |
Reconstruction
of Thane Plant is on going & relocation of operations in
a phased manner is in progress & facility is partly operational. |
| F. |
There
were no investor complaints pending at the beginning &
at the end of the quarter. No Investor complaint was received
during the quarter. |
| G. |
The
above results were reviewed by the audit committee & taken
on record by the board at it's meeting held on 28th April
2009. |
H. |
The
above results have been subjected to limited review by staturoty
auditors. |
| Mumbai |
|
| 28th
April, 2009 |
For The Paper Products Ltd. |
| (Visit
us at our website: www.pplpack.com) |
Suresh
Gupta - Managing Director |
|
