Rei Agro Regs Regulatory News (REA)

REI AGRO LIMITED

Regd. Office

46C, Chowringhee Road

Everest House, R. no. 15B, Kolkata-700071

STANDALONE/CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER / NINE MONTHS ENDED 31ST DECEMBER 2011

(` IN LACS EXCEPT PER SHARE DATA)

SL.NO.

PARTICULARS

STANDALONE

 CONSOLIDATED

 QTR ENDED 31.12.2011 (UNAUDITED)

 QTR ENDED 30.09.2011 (UNAUDITED)

 QTR ENDED 31.12.2010 (UNAUDITED)

 NINE MONTHS ENDED 31.12.2011 (UNAUDITED)

 NINE MONTHS ENDED 31.12.2010 (UNAUDITED)

 YEARENDED 31.03.2011 (AUDITED)

 QTR ENDED 31.12.2011 (UNAUDITED)

 QTR ENDED 30.09.2011 (UNAUDITED)

 NINE MONTHS ENDED 31.12.2011 (UNAUDITED)

INCOME

1

NET SALES/INCOME FROM OPERATION

100,251.94

90,164.36

96,019.03

268,875.57

274,765.93

372,388.07

148,065.05

105,646.16

332,170.49

TOTAL

100,251.94

90,164.36

96,019.03

268,875.57

274,765.93

372,388.07

148,065.05

105,646.16

332,170.49

2

EXPENDITURE

A) (INCREASE)/DECREASE IN STOCK IN TRADE

(13,547.79)

(17,124.99)

(481.84)

(62,590.87)

5,268.17

17,421.51

(13,547.79)

(17,124.99)

(62,590.87)

B) CONSUMPTION OF RAW MATERIALS

71,221.03

44,253.16

55,628.72

201,289.29

155,272.93

197,120.16

114,635.14

44,253.15

244,703.40

C) PURCHASE OF TRADED GOODS

16,580.36

39,020.11

17,899.98

55,600.47

48,318.05

68,266.90

13,401.18

52,107.03

65,506.21

D) EMPLOYEES COST

542.24

521.45

343.55

1,397.97

950.28

1,487.00

542.24

521.45

1,397.97

E) DEPRECIATION

1,165.61

894.56

572.85

2,778.41

1,658.24

2,212.18

1,165.69

894.57

2,778.49

F) OTHER EXPENDITURE

4,871.75

3,921.85

2,774.83

10,693.85

9,348.11

11,187.55

4,958.19

3,977.94

10,836.37

TOTAL

80,833.20

71,486.14

76,738.09

209,169.12

220,815.78

297,695.30

121,154.65

84,629.15

262,631.57

3

PROFIT FROM OPERATIONS BEFORE OTHER INCOME, INTEREST AND EXCEPTIONAL ITEMS (1-2)

19,418.74

18,678.22

19,280.94

59,706.45

53,950.15

74,692.77

26,910.40

21,017.01

69,538.92

4

OTHER INCOME

73.07

97.85

473.12

239.11

633.43

386.47

26.61

97.84

192.65

5

PROFIT BEFORE INTEREST AND EXCEPTIONAL ITEMS(3+4)

19,491.81

18,776.07

19,754.06

59,945.56

54,583.58

75,079.24

26,937.01

21,114.85

69,731.57

6

INTEREST/FINANCE COST

13,640.84

12,514.72

7,331.87

35,382.71

22,154.11

32,756.82

13,640.84

12,514.72

35,382.71

7

PROFIT AFTER INTEREST BUT BEFORE EXCEPTIONAL ITEMS ( 5-6)

5,850.97

6,261.35

12,422.19

24,562.85

32,429.47

42,322.42

13,296.17

8,600.13

34,348.86

8

EXCEPTIONAL ITEMS

-

-

-

-

-

-

-

-

9

PROFIT/(LOSS) FROM ORDINARY ACTIVITIES BEFORE TAX

5,850.97

6,261.35

12,422.19

24,562.85

32,429.47

42,322.42

13,296.17

8,600.13

34,348.86

10

PROVISION FOR TAXATION

- CURRENT TAX

963.09

720.81

4,283.20

5,113.09

10,865.35

13,975.08

963.09

720.81

5,113.09

- FOR EARLIER YEARS

(55.36)

246.39

-

191.03

99.82

101.88

(55.36)

246.39

191.03

11

NET PROFIT (+)/LOSS(-) FOR THE PERIOD (9-10)

4,943.24

5,294.15

8,138.99

19,258.73

21,464.30

28,245.46

12,388.44

7,632.93

29,044.74

12

PAID UP EQUITY SHARE CAPITAL

9,579.85

9,579.85

9,579.85

9,579.85

9,579.85

9,579.85

9,579.85

9,579.85

9,579.85

(FACE VALUE RE 1/- PER SHARE)

13

4% NON-CONVERTIBLE PREFERENCE SHARE

4,000.00

4,000.00

4,000.00

4,000.00

4,000.00

4,000.00

4,000.00

4,000.00

4,000.00

(FACE VALUE RS. 100/- PER SHARE)

14

RESERVE EXCLUDING REVALUATION RESERVE

-

-

-

222,538.48

-

-

-

15

EARNING PER SHARE(EPS)FACE VALUE RE 1 /- PER SHARE

- BASIC (RS. )

0.52

0.56

0.84

2.00

2.83

3.49

1.29

0.81

3.02

- DILUTED (RS.)

0.46

0.51

0.76

1.80

2.48

3.08

1.17

0.73

2.72

16

 PUBLIC SHARE HOLDING

NO OF SHARES

500,986,328

500,986,328

556,629,025

500,986,328

556,629,025

548,855,385

500,986,328

500,986,328

500,986,328

PERCENTAGE OF SHAREHOLDING

52.30

52.30

58.10

52.30

58.10

57.30

52.30

52.30

52.30

17

PROMOTERS AND PROMOTER GROUP SHAREHOLDING

A) PLEDGED/ ENCUMBERED

- NUMBER OF SHARES

228,126,179

222,714,544

130,206,890

228,126,179

130,206,890

202,754,544

228,126,179

222,714,544

228,126,179

- PERCENTAGE OF SHARES (AS A % OF TOTAL SHAREHOLDING OF PROMOTER AND PROMOTER GROUP)

49.92

48.73

32.44

49.92

32.44

49.56

49.92

48.73

49.92

- PERCENTAGE OF SHARES (AS A % OF TOTAL SHARE CAPITAL OF THE COMPANY)

23.81

23.25

13.59

23.81

13.59

21.16

23.81

23.25

23.81

B) NON - ENCUMBERED

- NUMBER OF SHARES

228,872,447

234,284,082

271,149,039

228,872,447

271,149,039

206,375,025

228,872,447

234,284,082

228,872,447

- PERCENTAGE OF SHARES (AS A % OF TOTAL SHAREHOLDING OF PROMOTER AND PROMOTER GROUP)

50.08

51.27

67.56

50.08

67.56

50.44

50.08

51.27

50.08

- PERCENTAGE OF SHARES (AS A % OF TOTAL SHARE CAPITAL OF THE COMPANY)

23.89

24.45

28.30

23.89

28.30

21.54

23.89

24.45

23.89

NOTES

1

THE ABOVE FINANCIAL RESULTS HAVE BEEN REVEIWED BY THE AUDIT COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS AT THEIR MEETING HELD ON 14TH FEBRUARY 2012.

2

THE STATUTORY AUDITORS OF THE COMPANY HAVE CARRIED OUT LIMITED REVIEW.

3

AS PER ORDER OF THE HOL'BLE HIGH COURT AT KOLKATA, THE COMPANY DURING THE NINE MONTH HAS ADJUSTED IN SECURITIES PREMIUM A/C ` 25.91 CR TOWARDS DEFERRED TAX LIABILITY COMPUTED AS PER AS-22 ISSUED BY THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA.

4

THE COMPANY HAS DURING THE NINE MONTHS ENDED 31.12.2011 MADE INVESTMENT IN 100% SUBSIDIARY AMMALAY COMMODITIESS JLT, DUBAI (PREVIOUSLY REI AGRO TRADERS JLT) AND CONSOLIDATED RESULT COMPRISE CONSOLIDATION OF FINANCIAL RESULTS OF ITS WHOLLY OWNED SUBSIDIARY IN ACCORDANCE WITH ACOOUNTING STANDARD 21 . THE FIGURES FOR THE NINE MONTHS, PREVIOUS QUARTERS AND YEAR ENDED 31.03.2011 ARE TO THE EXTENT NOT COMPARABLE.

5

INVESTOR COMPLAINTS: PENDING AS ON OCT 1, 2011 - NIL, RECEIVED DURING THE QUARTER - NIL , DISPOSED DURING THE QUARTER - NIL , PENDING AS ON DEC 31, 2011 - NIL

6

PREVIOUS PERIOD/YEAR'S COMPARATIVES ARE REGROUPED/RECLASSIFIED WHEREVER CONSIDERED NECESSARY TO CONFORM TO THE CURRENT PERIOD'S PRESENTATION.

FOR AND BEHALF OF THE BOARD OF DIRECTORS

Date : 14TH FEB 2012

Place : NEW DELHI

 SANDIP JHUNJHUNWALA

 MANAGING DIRECTOR