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DHAMPUR SUGAR MILLS LIMITED
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Unaudited Financial Results
(Provisional) for first Quarter ended 31.12.2007
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(Rs.
In Lac)
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Sl. No.
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Particulars
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Quarter Ended
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Year
Ended
Sep.
2007
(Audited)
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DEC,07
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DEC,06
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1.
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Sales / Income From Operations
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14275.76
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16398.92
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64354.87
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Less:
Excise Duty & Other Taxes
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1120.89
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1119.82
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4864.73
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Net Sales
/ Income from Operations
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13154.87
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15279.10
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59490.14
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2.
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Other
Income
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380.88
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318.28
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1834.42
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Total Revenue (1+2)
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13535.75
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15597.38
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61324.56
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3.
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Increase
in Stocks
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6408.62
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4063.99
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10196.81
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4.
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Total
Expenditure
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-
Consumption of Raw Material
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12760.59
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14810.75
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56378.72
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- Purchase
of Goods
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914.57
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289.95
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1492.00
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- Staff
Cost
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1031.94
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849.30
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4043.23
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- Other
Expenditure
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2456.05
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2057.88
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9859.48
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- Total
(4)
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17163.15
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18007.88
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71773.43
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5.
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Net Profit
(+) / Loss (-) Before Interest, Depreciation, Extra Ordinary Items and Taxes
(1+2+3+4)
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2781.22
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1653.49
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(252.06)
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6.
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Interest
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1429.71
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705.68
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4451.75
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7.
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Net Profit
(+) / Loss (-) After Interest But Before Depreciation, Extra Ordinary Items
and Taxes (5-6)
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1351.51
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947.81
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(4703.81)
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8.
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Depreciation
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1085.89
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497.39
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3323.67
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9.
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Profit (+)
/ Loss (-) Before Extra Ordinary Items and Provision for Taxation (7-8)
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265.62
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450.42
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(8027.48)
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10.
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Extra
Ordinary Income (Net)
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0.00
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0.00
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169.73
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11.
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Profit (+) / Loss (-) before Tax
(9+10)
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265.62
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450.42
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(7857.75)
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12.
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Provision
for Taxation
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- Current
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0.00
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50.54
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0.00
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Less: Mat
Credit Receivable
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0.00
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50.54
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0.00
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- Fringe
Benefit
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18.21
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12.49
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49.60
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- Deferred
Tax
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0.00
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151.61
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(1841.45)
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13.
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Net Profit (+) / Loss (-) (11-12)
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247.41
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286.32
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(6065.90)
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14.
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Paid Up
Equity Share Capital
(Face Value per Share Rs. 10/- Each)
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5077.02
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4615.80
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4762.91
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15.
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Reserves
Excluding Revaluation
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Reserves
(After Adjusting Deferred Tax Asset)
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N.A.
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N.A.
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35189.06
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16.
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Earning
per Share
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- Basic
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0.54
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0.60
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(12.94)
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- Diluted
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0.53
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0.58
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(12.90)
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17.
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Public
Shareholding
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- No. of
Shares
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30459661
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28881301
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30121794
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Percentage of Shareholding
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60.07%
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62.66%
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63.33%
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Notes
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1
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The
results were reviewed by the Audit Committee and approved by the Board in
their meeting held on 28.01.2008.
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2
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The
auditors of the company have carried out the Limited Review of the above
financial results.
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3
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The power
plant at Dhampur (1st Phase), Asmoli and
Mansurpur have commenced operation.
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4
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As per CDR
stipulation, the Company has issued 40,00,000 Equity
Warrants to Promoters during the quarter, out of which 30,00,000 Warrants
have been converted into 30,00,000 Equity Shares of Rs.
10/- Each at a Premium of Rs. 53/- per share.
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5
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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.
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6
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Sugar
being a seasonal industry, the performance of any quarter may not be
representative of the annual performance of the company.
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7
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There was
no outstanding complaint from the shareholder in the beginning of the quarter
and all the 5 complaints received during the quarter have been dealt with
satisfactorily.
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8
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Previous
quarter’s / year’s figures have been regrouped, wherever considered
necessary.
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Quarterly reporting of segment wise revenue,
results and capital employed under clause 41 of listing agreement.
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Sl. No.
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Particulars
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Quarter Ended
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Year
Ended Sep. 2007
(Audited)
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DEC,07
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DEC,06
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1.
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Segment
Revenue (Net of Excise & Other Taxes)
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A) Sugar –
Manufacturing Activity
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10227.61
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13498.05
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50804.09
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- Trading
/ Export Activity
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647.57
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34.97
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706.68
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B)
Chemicals
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2911.40
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2336.37
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9825.60
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C)
Co-Generation
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2773.41
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0.00
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0.00
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D) Others
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319.45
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354.18
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918.28
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Total
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16879.44
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16223.57
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62254.65
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Less:
Inter Segment Revenue (Net of Excise)
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3724.57
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944.47
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2764.51
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Net Sales
/ Income From Operation
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13154.87
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15279.10
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59490.14
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2.
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Segment
Results Net Loss (-) / Profit (+) Before Tax & Interest From Each
Segment)
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A) Sugar –
Manufacturing Activity
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(373.88)
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698.09
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(6668.19)
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- Trading
/ Export Activity
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(19.18)
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(16.60)
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38.10
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B)
Chemicals
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1084.63
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437.91
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3293.82
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C)
Co-generation
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1071.72
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0.00
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0.00
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D) Others
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25.57
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36.70
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74.13
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Total
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1788.86
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1156.10
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(3262.14)
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Less :
Interest
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1429.71
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705.68
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4451.75
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Less:
Other Unallocable Expenses Net of Unallocable Income
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(93.53)
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N.A.
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(143.86)
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Net Profit
(+) / Loss (-) Before Tax
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265.62
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450.42
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(7857.75)
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3.
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Capital
Employed (Segment Assets – Segment Liabilities)
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A) Sugar
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57406.72
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N.A.
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57986.00
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B)
Chemicals
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9142.08
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N.A.
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8915.00
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C)
Co-generation
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45128.80
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N.A.
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35012.00
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D) Others
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48.94
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N.A.
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53.00
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Total
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111726.54
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N.A.
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101966.00
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Place : New Delhi
Date : 28.01.2008
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For The Dhampur Sugar Mills Ltd.
V.K. Goel
Chairman
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