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AUDITED FINANCIAL RESULTS FOR THE QUARTER/YEAR ENDED ON 31ST MARCH, 2009
 
Particulars  3 months ended 31st March, 2009. (Audited) 3 months ended 31st March, 2008. (Audited) Year Ended 31st March, 2009. (Audited) Year Ended 31st March, 2008. (Audited)
Net Income from Sales / Services  1082.63 1134.35 4400.73 3838.86
Other Income  11.41 1.58 11.95 2.41
Sub Total (Total Income)  1094.04 1135.93 4412.68 3841.27
Total Expenditures      
(Increase)/decrease in stock in trade -36.0743326 -161.43 -67.074332 -261.83
Consumption of raw material 830.6195575 835.18 3329.9795 2850.47
Purchase of traded goods 0 210 0 210
Staff Cost 36.702255 43.04 140.402255 141.61
Depreciation 20.81757 28.18 92.81757 88.93
Other expenditure 218.4046465 133.2 714.7246465 521.34
Export Incentives not recoverable w/off 0 11.26 0 11.26
Sub Total 1070.4696964 1099.43 4210.849696 3561.78
Interest  13.8089525 22.15 65.1889525 90.25
Profit(+) Loss(-) before Tax & Extra ordinary items  9.76135109999999 14.35 136.6413511 189.25
Provision for taxation      
a) Provision for Income Tax and FBT 0 0 60.4196152320373 43.58
b) Deferred Tax 0 0 -11.29648694 70.72
Profit(+) Loss(-) before Extra ordinary items  9.76135109999999 14.35 87.518222816209 74.95
Extra-ordinary items  6.5015553 -49.31 1.2415553 -66.26
Profit(+) Loss(-) after Tax & Extra ordinary items  3.25979579999999 63.66 86.276667516209 141.21
Prior Period Adjustment  -0.07 -1.32 0 -1.3
Net Profit/ (Loss)  3.32979579999999 64.98 86.27666751 142.51
Paid-up Capital      
equity share  739.11 704.11 739.11 704.11
Preference Share   0   
Reserve excluding revaluation reserves  0 0 498.862872716209 335.06
a) Basic and diluted EPS before extraordinary items for the period, for the year to date and for the previous year (not annualised)  0.132068989730892 0.203803382994134 1.18410281035582 1.06446435926204
b) Basic and diluted EPS after extraordinary items for the period, for the year to date and for the previous year (not annualised)  0.0450514240099578 0.922867165641732 1.1673048330588 2.0239735268637
Aggregate of non promoters shareholding      
 Number of shares 4457020 4457020 4457020 4457020
 Percentage of shareholding 60.3 63.3 60.3 63.3
Note:
1. The above results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors in their meetings held on 26th June, 2009.
2. Provision for Income Tax, Fringe Benefit Tax and for Deferred Tax , have been made at the end of year and shown in Yearly Figures.
3. The company is primarily engaged in a single segment business of "fabric manufacturing & sales " and is managed as one entity, for its various service offerings and is governed by a similar set of risks & returns. All other activities of the company revolve round the main business. The said treatment is in accordance with the guiding principles enunciated in the Accounting Standards (AS - 17) issued by the Institute of Chartered Accountants of India.
4. Nature of Extra-Ordinary Expenditures are as under:- Amt.(Rs.)
a. Capital Gain on sale of shares 45,683
b. Loss on Sale of Fixed Assets 169,839
5. Investor Complaints Received
a. Complaints at the beginning of the quarter : 0 b. Complaints received during the quarter: 0
c. Complaint dispossed off during the quarter : 0 d. Complaints pending at the end of the quarter :0
6. Previous year/period figures have been recast/regrouped wherever necessary.
By order of the Board
Place : Mumbai    Pankaj Seth
Dated : 26th june 2009    Managing Director