DHAMPUR SUGAR MILLS LIMITED

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR SECOND QUARTER ENDED 31.03.2008

( RS.IN LACS)

Sl.

No.

PARTICULARS

QUARTER ENDED

SIX MONTHS ENDED

YEAR ENDED

MAR.,08

MAR.,07

MAR.,08

MAR.,07

SEP,2007

UN-AUDITED

UN-AUDITED

UN-AUDITED

UN-AUDITED

AUDITED

1.

SALES / INCOME FROM OPERATIONS

20297.08

17274.09

34572.84

33673.02

64354.87

LESS : EXCISE DUTY & OTHER TAXES

1406.87

1339.87

2527.76

2459.69

4864.73

NET SALES / INCOME FROM OPERATIONS

18890.21

15934.22

32045.08

31213.33

59490.14

2.

OTHER INCOME

373.84

282.98

754.72

601.26

1834.42

TOTAL REVENUE (1+2)

19264.05

16217.20

32799.80

31814.59

61324.56

3.

INCREASE (+)/DECREASE(-) IN STOCK

24138.92

19145.88

30547.54

23209.87

10196.81

4.

TOTAL EXPENDITURE

- CONSUMPTION OF RAW MATERIAL

31427.47

30031.17

44188.06

44841.93

56378.72

- PURCHASES OF GOODS

592.83

307.01

1507.40

596.96

1492.00

- STAFF COST

1344.47

1311.02

2376.41

2160.32

4043.23

- OTHER EXPENDITURE

4686.05

3091.56

7142.10

5149.44

9859.48

- TOTAL (4)

38050.82

34740.76

55213.97

52748.65

71773.43

5.

NET PROFIT (+) / LOSS (-) BEFORE INTEREST,DEPRECIATION,

EXTRA ORDINARY ITEMS AND TAXES (1+2+3-4)

5352.15

622.32

8133.37

2275.81

(252.06)

6.

INTEREST

1931.85

855.07

3361.56

1560.75

4451.75

7.

NET PROFIT(+) / LOSS (-) AFTER INTEREST BUT BEFORE

3420.30

(232.75)

4771.81

715.06

(4703.81)

DEPRECIATION, EXTRA ORDINARY ITEMS AND TAXES (5-6)

8.

DEPRECIATION

1411.61

792.44

2497.50

1289.83

3323.67

9.

PROFIT(+) / LOSS (-) BEFORE EXTRA ORDINARY ITEMS

2008.69

(1025.19)

2274.31

(574.77)

(8027.48)

AND PROVISION FOR TAXATION (7-8)

10.

EXTRA ORDINARY INCOME (+)/ EXPENSES (-) (NET)

0.00

0.00

0.00

0.00

169.73

11.

PROFIT(+) / LOSS (-) BEFORE TAX (9+10)

2008.69

(1025.19)

2274.31

(574.77)

(7857.75)

12.

PROVISION FOR TAXATION

- CURRENT

0.00

0.00

0.00

0.00

0.00

- FRINGE BENEFIT

11.29

13.51

29.50

26.00

49.60

- DEFERRED

290.00

(345.08)

290.00

(193.47)

(1841.45)

13.

NET PROFIT (+) / LOSS (-) ( 11-12)

1707.40

(693.62)

1954.81

(407.30)

(6065.90)

14.

PAID UP EQUITY SHARE CAPITAL

5177.02

4755.11

5177.02

4755.11

4762.91

( FACE VALUE PER SHARE RS.10/-EACH )

15.

RESERVES EXCLUDING REVALUATION

RESERVES (AFTER ADJUSTING DEFFERED

N.A

N.A

N.A

N.A

35189.06

TAX ASSETS)

16.

EARNING PER SHARE :

- BASIC

3.30

(1.50)

3.89

(0.91)

(12.94)

- DILUTED

3.30

(1.50)

3.89

(0.91)

(12.90)

17.

CASH EARNING PER SHARE :

- BASIC

6.04

0.21

8.91

1.97

(5.85)

- DILUTED

6.04

0.21

8.91

1.97

(5.82)

18.

AGGREGATE OF NON-PROMOTER SHAREHOLDING

- NO. OF SHARES

30259661

31084539

30259661

31084539

30121794

- PERCENTAGE OF SHAREHOLDING

58.52%

65.37%

58.52%

65.37%

63.33%

NOTES:

1

The results were reviewed by the Audit Committee and approved by the Board in their meeting held on 30.04.2008.

2

The Auditors of the Company have carried out the Limited Review of the above financial results.

3

During the quarter 10,00,000 Equity Warrants have been converted into 10,00,000 Equity Shares of Rs.10/- each at a premium of Rs.53/- per share, as per SEBI Guidelines.

4

Without prejudice, as per the Interim Order of the Hon'ble High Court, Lucknow Bench on 21-01-2008 , the liability for cane price has been provided @ Rs. 110/- per qtl for the sugar season 2007-08 both for gate and centre cane.

5

Sugar being a seasonal industry, the performance of any quarter may not be representative of the annual performance of the Company.

6

There was no outstanding complaint from the shareholders in the beginning of the quarter and all the 2 complaints received during the quarter have been dealt with satisfactorily.

7

Figures for the previous corresponding periods have been regrouped, wherever considered necessary.

QUARTERLY REPORTING OF SEGMENT WISE REVENUE,RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41 OF LISTING AGREEMENT

Sl.

No.

PARTICULARS

QUARTER

ENDED

SIX MONTHS

ENDED

YEAR

ENDED

MAR.,08

MAR.,07

MAR.,08

MAR.,07

SEP , 2007

UN-

AUDITED

UN-

AUDITED

UN-

AUDITED

UN-

AUDITED

AUDITED

1

SEGMENT REVENUE (NET OF EXCISE & OTHER TAXES)

a) SUGAR

- MANUFACTURING ACTIVITY

15879.62

14542.90

26107.23

28075.92

50804.09

- TRADING / EXPORT ACTIVITY

409.48

40.87

1057.05

40.87

706.68

b) CO-GENERATION

6832.35

0.00

9605.76

0.00

0.00

c) CHEMICALS / ETHANOL

3153.83

2266.93

6065.23

4603.30

9825.60

d) OTHERS

206.93

347.23

526.38

701.41

918.28

TOTAL

26482.21

17197.93

43361.65

33421.50

62254.65

LESS : INTER SEGMENT REVENUE (NET OF EXCISE)

7592.00

1263.71

11316.57

2208.17

2764.51

NET SALES / INCOME FROM OPERATION

18890.21

15934.22

32045.08

31213.33

59490.14

2

SEGMENT RESULTS ( NET LOSS (-) / PROFIT(+) BEFORE TAX & INTEREST FROM EACH SEGMENT)

a) SUGAR - MANUFACTURING ACTIVITY

934.54

(987.05)

531.03

(305.56)

(6668.19)

- TRADING / EXPORT ACTIVITY

15.63

40.87

26.08

40.87

38.10

b) CO-GENERATION

2690.55

0.00

3762.27

0.00

0.00

c) CHEMICALS / ETHANOL

858.66

737.02

1943.29

1174.93

3293.82

d) OTHERS

21.02

39.04

46.59

75.74

74.13

TOTAL

4520.40

(170.12)

6309.26

985.98

(3262.14)

LESS :INTEREST

1931.85

855.07

3361.56

1560.75

4451.75

ADD : OTHER UNALLOCABLE EXPENSES NET OF UNALLOCABLE INCOME

(579.86)

0.00

(673.39)

0.00

(143.86)

NET PROFIT(+) / LOSS (-) BEFORE TAX

2008.69

(1025.19)

2274.31

(574.77)

(7857.75)

3

CAPITAL EMPLOYED (SEGMENT ASSETS - SEGMENT LIABILITIES)

a) SUGAR

87215.15

86973.32

87215.15

86973.32

57986.00

b) CO-GENERATION

46619.94

29456.03

46619.94

29456.03

35012.00

c) CHEMICALS / ETHANOL

10452.66

10011.38

10452.66

10011.38

8915.00

d) OTHERS

48.52

67.85

48.52

67.85

53.00

TOTAL

144336.27

126508.58

144336.27

126508.58

101966.00