10 Jul 2009 15:06
| REI AGRO LIMITED | ||||||||
| REGD. OFFICE | ||||||||
| 46C, CHOWRINGHEE ROAD, | ||||||||
| "EVEREST HOUSE", R.N - 15B, KOLKATA-71 | ||||||||
| UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2009 | ||||||||
| (RS. IN LACS) | ||||||||
| SL.NO. | PARTICULARS | QTR ENDED 30.06.2009 | QTR ENDED 30.06.2008 | YEAR ENDED 31.03.2009 (AUDITED) | ||||
|
| INCOME |
| ||||||
| 1 | NET SALES/INCOME FROM OPERATION | 85,779.29 | 70,438.26 | 244,822.71 | ||||
| 2 | TOTAL | 85,779.29 | 70,438.26 | 244,822.71 | ||||
| 3 | EXPENDITURE | |||||||
|
| A) (INCREASE)/DECREASE IN STOCK IN TRADE | (3,285.55) | 10,996.71 | (18,306.43) | ||||
|
| B) CONSUMPTION OF RAW MATERIALS | 52,920.27 | 30,130.26 | 168,299.18 | ||||
|
| C) PURCHASE OF TRADED GOODS | 15,104.96 | 8,118.79 | 29,503.22 | ||||
|
| D) EMPLOYEES COST | 288.91 | 1,421.50 | 1,226.03 | ||||
|
| E) DEPRECIATION | 533.97 | 651.58 | 2,128.59 | ||||
|
| D) OTHER EXPENDITURE | 4,913.91 | 6,138.23 | 19,543.17 | ||||
|
| TOTAL | 70,476.47 | 57,457.07 | 202,393.76 | ||||
| 4 | PROFIT FROM OPERATIONS BEFORE OTHER INCOME, INTEREST AND EXCEPTIONAL ITEMS | 15,302.82 | 12,981.19 | 42,428.95 | ||||
| 5 | OTHER INCOME | 289.09 | 64.10 | 386.10 | ||||
| 6 | PROFIT BEFORE INTEREST AND EXCEPTIONAL ITEMS | 15,591.91 | 13,045.29 | 42,815.05 | ||||
| 7 | INTEREST/FINANCE COST | 9,149.57 | 7,804.38 | 33,283.22 | ||||
| 8 | PROFIT AFTER INTEREST BUT BEFORE EXCEPTIONAL ITEMS ( 6-7) | 6,442.34 | 5,240.91 | 9,531.83 | ||||
| 9 | EXCEPTIONAL ITEMS | - | - | - | ||||
| 10 | PROFIT/(LOSS) FROM ORDINARY ACTIVITIES BEFORE TAX | 6,442.34 | 5,240.91 | 9,531.83 | ||||
| 11 | PROVISION FOR TAXATION | |||||||
|
| - CURRENT TAX | 2,281.82 | 1,790.36 | 3,360.00 | ||||
|
| - FRINGE BENEFIT TAX | 2.00 | 8.00 | 8.00 | ||||
|
| - FOR EARLIER YEARS | - | - | 70.99 | ||||
| 12 | NET PROFIT (+)/LOSS(-) FOR THE PERIOD (10-11) | 4,158.52 | 3,442.55 | 6,092.84 | ||||
| 13 | PAID UP EQUITY SHARE CAPITAL | 2,890.30 | 4,817.17 | 2,890.30 | ||||
|
| (FACE VALUE RE 1/- PER SHARE) | |||||||
| 14 | 4% NON-CONVERTIBLE PREFERENCE SHARE | 4,000.00 | 4,000.00 | 4,000.00 | ||||
|
| (FACE VALUE RS. 100/- PER SHARE) | |||||||
| 15 | RESERVE EXCLUDING REVALUATION RESERVE | - | - | 53,332.25 | ||||
| 16 | EARNING PER SHARE(EPS) | |||||||
|
| - BASIC | 1.42 | 0.71 | 2.04 | ||||
|
| - DILUTED | 1.42 | 0.71 | 2.04 | ||||
| 17 | PUBLIC SHARE HOLDING | |||||||
|
| NO OF SHARES | 168,122,541 | 29,713,624 | 168,516,558 | ||||
|
| PERCENTAGE OF SHAREHOLDING | 58.17 | 61.68 | 58.30 | ||||
| 18 | PROMOTERS AND PROMOTER GROUP SHAREHOLDING |
|
| |||||
|
| A) PLEDGED/ ENCUMBERED |
|
| |||||
|
| - NUMBER OF SHARES | 33,751,530 | NA | 33,701,530 | ||||
|
| - PERCENTAGE OF SHARES (AS A % OF TOTAL SHAREHOLDING OF PROMOTER AND PROMOTER GROUP) | 27.92 | - | 27.96 | ||||
|
| - PERCENTAGE OF SHARES (AS A % OF TOTAL SHARE CAPITAL OF THE COMPANY) | 11.68 | - | 11.66 | ||||
|
| B) NON - ENCUMBERED | |||||||
|
| - NUMBER OF SHARES | 87,156,299 | NA | 86,812,282 | ||||
|
| - PERCENTAGE OF SHARES (AS A % OF TOTAL SHAREHOLDING OF PROMOTER AND PROMOTER GROUP) | 72.08 | - | 72.04 | ||||
|
| - PERCENTAGE OF SHARES (AS A % OF TOTAL SHARE CAPITAL OF THE COMPANY) | 30.15 | - | 30.04 | ||||
| SEGMENT WISE RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41 OF THE LISTING AGREEMENT | ||||
| SL.NO. | PARTICULARS | QTR ENDED 30.06.2009 | QTR ENDED 30.06.2008 | YEAR ENDED 31.03.2009 (AUDITED) |
| 1 | Segment Revenue (Net sale/income from each segment) |
|
|
|
|
| a) Segment Rice | 84,960.07 | 58,404.14 | 242,531.01 |
|
| b) Segment Wind Farm | 819.22 | 765.77 | 2,291.70 |
|
| c) Segment Retail | - | 18,863.36 | - |
|
| Total | 85,779.29 | 78,033.27 | 244,822.71 |
|
| Less: Inter Segment Revenue | - | (7,595.01) | - |
|
| Net Sales/Income from operations | 85,779.29 | 70,438.26 | 244,822.71 |
|
|
| |||
| 2 | Segment Results (Profit) (+)/Loss (-) before | |||
|
| Tax and Interest from each Segment | |||
|
| ||||
|
| a) Segment Rice | 14,832.90 | 11,700.91 | 42,066.55 |
|
| b) Segment Wind Farm | 469.92 | 395.44 | 362.40 |
|
| c) Segment Retail | - | 884.83 | - |
|
| Results | 15,302.82 | 12,981.18 | 42,428.95 |
|
| Less: i) Interest | 9,149.57 | 7,804.38 | 33,283.22 |
|
| ii) Other unallocable expenditure net | (289.09) | (64.10) | (386.10) |
|
| off unallocable income | |||
|
| Total Profit before Tax | 6,442.34 | 5,240.90 | 9,531.83 |
|
|
| |||
| 3 | Capital Employed (Segment Assets - Segment | |||
|
| Liabilities) | |||
|
| ||||
|
| a) Segment Rice | 56,993.21 | 31,045.90 | 51,292.50 |
|
| b) Segment Wind Farm | 8,171.10 | 7,394.32 | 7,454.84 |
|
| c) Segment Retail | - | 23,468.23 | - |
|
| c) Unallocable | (702.18) | (764.81) | 1,475.22 |
|
| ||||
|
| Total | 64,462.13 | 61,143.64 | 60,222.56 |
| NOTES | |||
| 1 | THE FINANCIAL RESULTS HAVE BEEN REVEIWED BY THE AUDIT COMMITTEE AND TAKEN ON RECORD BY THE BOARD OF DIRECTORS AT THEIR MEETING HELD ON 10TH JULY 2009 | ||
| 2 | THE ABOVE RESULTS HAVE BEEN REVEIWED BY AUDITORS OF THE COMPANY. | ||
| 3 | AS PER ORDER OF THE HON'BLE HIGH COURT AT KOLKATA , THE COMPANY HAS DURING THE YEAR ADJUSTED RS. 81.06 LACS IN SECURITIES PREMIUM A/C TOWARDS DEFERRED TAX ASSETS COMPUTED AS PER AS-22 ISSUED BY THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA. | ||
| 4 | FIGURES FOR QUARTER ENDED JUNE 2008 IS BEFORE TAKING INTO EFFECT THE SCHEME OF ARRANGEMENT | ||
| 5 | INVESTORS COMPLAINTS: PENDING AS ON APRIL 1, 2009 - NIL, RECEIVED DURING THE QUARTER ENDED JUNE 30,2009 - 1, PENDING AS ON JUNE 30, 2009 - 1 | ||
| 6 | EACH EQUITY SHARES OF RS. 10/- EACH HAS BEEN SUBDIVIDED/SPLIT INTO 10 EQUITY SHARES OF RE 1/- EACH WITH EFFECT FROM FEB 05, 2009 | ||
| 7 | FIGURES HAVE BEEN REGROUPED/REARRANGED WHEREVER CONSIDERED NECESSARY | ||
| Date : 10TH JULY 2009 | FOR AND ON BEHALF OF THE BOARD OF DIRECTORS | ||
| Place : NEW DELHI | SANDIP JHUNJHUNWALA | ||
| MANAGING DIRECTORS | |||
Rei Agro Regs (REA)