| PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2006 |
| |
|
| |
|
Rs.in Lakhs |
| Particulars |
Schedule |
For the Year ended
31.03.2006 |
For the Year ended
31.03.2005 |
| INCOME |
|
|
|
| |
Sales |
14 |
18745.75 |
19393.07 |
| |
Job Charges |
15 |
7.18 |
21.04 |
| |
Other Income |
16 |
238.87 |
249.15 |
| |
Profit on Sale of Assets |
|
4375.78 |
517.87 |
| |
Increase/(Decrease) in Stock |
17 |
146.53 |
103.80 |
| |
Total Income |
|
23514.11 |
20284.93 |
| EXPENDITURE |
|
|
|
| |
Consumption of Raw Materials |
18 |
8416.92 |
10341.75 |
| |
Purchase of Finished/Semi-finished Goods |
|
|
|
| |
Purchases from Inter-Subsidiaries |
|
|
|
| |
Purchase of Finished/Semi-finished Goods |
|
945.93 |
889.07 |
| |
Employees Remuneration and Benefits |
19 |
4388.95 |
5300.84 |
| |
Manufacturing, Administrative, Selling and Distribution Expenses |
20 |
5026.52 |
5119.37 |
| |
Finance Charges |
21 |
4369.42 |
4357.32 |
| |
Bad Debts and Provisions |
22 |
55.16 |
307.74 |
| |
Depreciation |
|
111.50 |
147.12 |
| |
Total Expenditure |
|
23314.40 |
26463.21 |
| PROFIT/(L0SS) FOR THE YEAR |
|
199.71 |
(6178.28) |
| |
Net Prior Period (Expenses)/Income |
23 |
(215.34) |
(397.67) |
| |
Provisions written back |
|
10.51 |
80.13 |
| Less: Extraneous Income |
|
|
|
| Interest on raw material dues written back |
|
|
3.72 |
| Interest on Term Loan written back |
|
|
1908.12 |
| Interest on Bank Loan written back |
|
|
18.26 |
| Land Revaluation Reserve withdrawn |
|
767.67 |
485.34 |
| NET PROFIT/(L0SS) FOR THE YEAR |
|
762.55 |
(4080.38) |
| Fringe benifit tax; |
|
(5.18) |
|
| Provision for Wealth Tax |
|
|
(2.63) |
| Balance of Profit/(Loss) brought down from Last year |
|
(54582.70) |
(50499.69) |
| Balance of Profit/(Loss) carried forward |
|
(53825.33) |
(54582.70) |
| |
|
|
|
|
| Earnings per Share (in Rs.) ( Basic/Diluted) |
85.18 |
(459.23) |
| |
|
| -- sd -- |
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-- sd -- |
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-- sd -- |
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| A.Thomas Xavier Raj |
P.P.Natarajan |
|
K.Ramachandran Pillai |
| Company Secretary |
|
Director (Finance) |
Chairman and Managing Director |
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In accordance with our Report of even date attached |
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For Khicha & Prabu Kesavan
Chartered Accountants |
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-- sd -- |
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| Dated: 20.7.2006 |
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|
Prabu Kesavan |
| COIMBATORE. |
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|
Partner |
