DHAMPUR SUGAR MILLS LIMITED

UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED 30.06.2009

Rs. in Lacs

Sl.

Particulars

Quarter ended

Nine months

ended

Year

ended

No.

Jun.,09

Jun.,08

Jun.,09

Jun.,08

Sep.,08

Un

audited

Un-

audited

Un-

audited

Un-

audited

Audited

1.

(a)

Sales / Income from Operations

28255.88

12930.60

68054.46

47397.81

72190.52

(b)

Less : Excise Duty & Other Taxes

1112.71

1305.44

3196.30

3833.20

5402.83

(c)

Net Sales / Income from Operations {1(a)-1(b)}

27143.17

11625.16

64858.16

43564.61

66787.69

(d)

Other Operating Income

395.28

456.59

660.57

1109.10

2670.38

Total Revenue {1(c)+1(d)}

27538.45

12081.75

65518.73

44673.71

69458.07

2.

Total Expenditure

(a)

(Increase) /Decrease in Stocks

16451.98

6440.86

(8359.11)

(24106.68)

(9026.54)

.

(b)

Consumption of Raw Materials

3844.72

1777.61

46732.89

45965.67

47739.57

(c)

Purchases of Goods

61.38

80.56

477.86

1587.96

2107.52

(d)

Employees Cost

901.96

978.31

3485.72

3354.72

4344.41

(e)

Depreciation

1117.15

1582.25

5200.52

4079.75

5337.49

(f)

Other Expenditure

1611.26

1200.79

7188.91

8237.26

10244.49

(g)

Total {2(a) to 2(f)}

23988.46

12060.38

54726.79

39118.68

60746.94

3.

Net Profit (+) / Loss (-) before Other Income, Interest,

Extra Ordinary Items and Taxes (1-2)

3549.99

21.37

10791.94

5555.03

8711.13

4.

Other Income

17.66

84.94

87.01

187.15

208.37

5.

Net Profit (+) / Loss (-) before Interest, Extra

Ordinary Items and Taxes (3+4)

3567.65

106.31

10878.95

5742.18

8919.50

6.

Interest

2297.42

2186.94

6330.44

5548.50

7731.02

7.

Net Profit(+) / Loss (-) after Interest but before

Extra Ordinary Items and Taxes (5-6)

1270.23

(2080.63)

4548.51

193.68

1188.48

8.

Extra Ordinary Income (+)/ Expenses (-) (Net)

Foreign Exchange Fluctuations (Net)

0.00

(534.46)

0.00

(534.46)

(1804.28)

9.

Profit(+) / Loss (-) before Tax (7-8)

1270.23

(2615.09)

4548.51

(340.78)

(615.80)

10.

Provision for Taxation

Current & Fringe Benefit Tax Net of MAT Credit

6.00

28.54

40.00

58.04

152.44

Deferred Tax

150.00

(290.00)

275.00

0.00

(1128.73)

11.

Net Profit (+) / Loss (-) (9-10)

1114.23

(2353.63)

4233.51

(398.82)

360.49

12.

Paid-up Equity Share Capital

5270.60

5270.60

5270.6

5270.6

5270.6

(Face Value per Share Rs.10/-Each )

13.

Reserves excluding Revaluation

Reserves (After adjusting Deferred Tax Asset)

N.A

N.A

N.A

N.A

38485.41

14.

EPS before Extra Ordinary Items:

Basic

2.10

N.A

7.98

N.A

4.17

Diluted

2.05

N.A

7.81

N.A

4.15

15.

EPS after Extra Ordinary Items:

Basic

2.10

N.A

7.98

N.A

0.64

Diluted

2.05

N.A

7.81

N.A

0.63

16

Public Shareholding*

- No. of Shares

30203520

27954896

30203520

27954896

29332795

- Percentage of Shareholding

57.31%

53.04%

57.31%

53.04%

55.65%

17

Promoter and Promoter Group Shareholding:

(a)

Pledged / Encumbered**

- No. of Shares

8739431

8739431

8739431

8739431

8739431

- Percentage of Shares(as a % of the Total Shareholding of

the Promoter and Promoter Group)

38.90%

38.93%

38.90%

38.93%

38.93%

- Percentage of Shares(as a % of the Total Share Capital of the Company)

16.58%

16.58%

16.58%

16.58%

16.58%

(b)

Non-encumbered

- No. of Shares

13727924

13706883

13727924

13706883

13706883

- Percentage of Shares(as a % of the Total Shareholding of

the Promoter and Promoter Group)

61.10%

61.07%

61.10%

61.07%

61.07%

- Percentage of Shares(as a % of the Total Share Capital of the Company)

26.05%

26.01%

26.05%

26.01%

26.01%

*Total public shareholding as defined under clause 40A of the Listing Agreement (excluding shares held by Global Depository Receipt holders.

.

** Equity Shares have been pledged by the promoters with banks and financial institutions as collateral security for loans taken by the company.

NOTES:

1

The financial results were reviewed by the Audit Committee and approved by the Board in their meeting held on 15.07.2009.

2

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

3

The Cane Price has been accounted for at State Advised Cane Price (SAP) of Rs. 140/- per quintal for the season 2008-09.The Cane Price for the sugar season 2007-08 has been accounted for at Rs. 110/- per quintal based on the Interim Order of the Hon'ble Supreme Court. Necessary adjustment of the cane price for the season 2007-08 will be made in accordance with the final decision in the matter.

4

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

5

The Consolidated financial results information , which includes the results of its subsidiary M/s Dhampur Sugar Distillery Pvt Ltd. (DSML- holding 51% ) for the nine months ended 30th June, 2009 are as follows:- Turnover Rs. 67649.61 lacs, Net profit after tax- Rs. 4209.82 lacs and EPS( Basic/ Diluted ) Rs. 7.94 / Rs. 7.76.

6

There were no outstanding complaints from the share holders at the end of the quarter and all the 15 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.

Particulars

Quarter ended

Nine months ended

Year

ended

No.

Jun.,09

Jun.,08

Jun.,09

Jun.,08

Sep.,08

(Un-audited)

(Un-audited)

(Un-audited)

(Un-audited)

(Audited)

1

Segment Revenue (Net of Excise & Other Taxes)

a) Sugar - Manufacturing Activity

26867.32

10447.52

65786.21

36554.75

57226.69

- Raw / Trading / Export Activity

0.00

0.00

0.00

1057.05

1482.88

b) Co-generation

1485.15

1676.49

15370.48

11176.62

12873.83

c) Chemicals / Ethanol

1046.09

3269.22

2589.90

9334.45

11390.84

d) Others

72.77

117.65

553.72

644.03

690.40

Total

29471.33

15510.88

84300.31

58766.90

83664.64

Less : Inter Segment Revenue (Net of Excise)

2328.16

3885.72

19442.15

15202.29

16876.95

Net Sales / Income from Operation

27143.17

11625.16

64858.16

43564.61

66787.69

2

Segment Results (Net Profit(+)/Loss(-) before Tax & Interest from each Segment)

a) Sugar - Manufacturing Activity

3377.69

(12.00)

6534.27

519.03

3486.13

- Raw / Trading / Export Activity

0.00

0.00

0.00

26.08

3.65

b) Co-generation

79.31

(99.79)

4372.66

3662.48

4118.76

c) Chemicals / Ethanol

174.58

270.51

427.55

2213.80

1887.42

d) Others

1.57

78.58

35.84

125.17

154.84

Total

3633.15

237.30

11370.32

6546.56

9650.80

Less :Interest

2297.42

2186.94

6330.44

5548.50

7731.02

Less : Other Unallocable Expenses and Extra Ordinary Items

Net of Unallocable Income

(65.50)

(665.45)

(491.37)

(1338.84)

(2535.58)

Net Profit (+) / Loss(-) before Tax

1270.23

(2615.09)

4548.51

(340.78)

(615.80)

3

Capital Employed (Segment Assets - Segment Liabilities)

a) Sugar

88166.35

89623.93

88166.35

89623.93

75372.95

b) Co-geneartion

44632.06