|
ORIENT PAPER
& INDUSTRIES LTD.
[Regd. Office :
Unit VIII, Plot 7, Bhoinagar, Bhubaneswar - 751012 (Orissa)]
|
| |
| Unaudited Financial
Results for the quarter ended 30th June, 2007 |
| |
|
|
|
(Rs. in Lacs) |
| Sl.
No. |
Particulars |
Quarter Ended |
Year Ended |
| |
|
30.06.07 |
30.06.06
|
31.03.07
(Audited) |
| 1 |
Gross Sales/Income from
Operations |
34100.75 |
29976.38 |
126480.61 |
| |
Less : Excise duty / Sales tax |
4916.21 |
4135.89 |
16800.01 |
| |
(a) Net Sales/Income from Operations |
29184.54 |
25840.49 |
109680.60 |
| |
(b) Know How & Service Fees |
122.77 |
- |
543.06 |
| 2 |
Other Income |
203.32 |
138.33 |
1438.64 |
| 3 |
Total Expenditure |
21533.47 |
20501.20 |
84998.92 |
| |
(a) Increase (-) / decrease (+) in
Stock |
-497.01 |
-381.62 |
-614.62 |
| |
(b) Purchases of Trading Goods |
289.26 |
107.89 |
594.37 |
| |
(c) Consumption of raw materials |
8243.94 |
7582.78 |
32212.69 |
| |
(d) Consumption of Stores,Chemicals
& Spares |
1524.81 |
1691.80 |
6447.19 |
| |
(e) Power & Fuel |
3950.79 |
3690.31 |
15249.73 |
| |
(f) Staff Cost |
1871.54 |
1664.53 |
7414.08 |
| |
(g)Packing, Freight & Forwarding Charges (Net) |
3509.17 |
3616.85 |
14544.71 |
| |
(h) Deferred Revenue Expenditure written off |
127.73* |
146.76 |
734.17 |
| |
(I) Other Expenditure |
2513.24 |
2381.90 |
8416.60 |
| 4 |
Profit before interest, depreciation, prior period item & tax (1+2-3) |
7977.16 |
5477.62 |
26663.38 |
| 5 |
Interest |
556.64 |
920.24 |
3270.24 |
| 6 |
Profit (+)before depreciation , prior period item & tax (4-5) |
7420.52 |
4557.38 |
23393.14 |
| 7 |
Depreciation |
641.46 |
643.69 |
2622.17 |
| 8 |
Profit (+)/Loss(-) before prior period item &
tax ( 6-7) |
6779.06 |
3913.69 |
20770.97 |
| 9 |
Prior Period Item - Energy Development
Cess for earlier years |
- |
- |
1168.55 |
| 10 |
Provision for Taxation |
|
|
|
| |
Current Tax |
2,425.00 |
439.97 |
2176.20 |
| |
MAT Credit Entitlement |
- |
(439.97) |
(2349.40) |
| |
Deferred Tax |
(128.84) |
1317.35 |
6603.14 |
| |
Fringe Benefit Tax |
22.50 |
25.01 |
105.00 |
| |
Excess provision for taxation
written-back |
- |
- |
(0.77) |
| 11 |
Net Profit (+) / Loss(-) (8-9-10) |
4460.40 |
2571.33 |
13068.25 |
| 12 |
Paid-up Equity
Share Capital (Face Value per share : Rs. 10/-) |
1,483.75 |
1483.75 |
1483.75 |
| 13 |
Reserves excluding Revalution Reserve |
- |
- |
12849.10 |
| 14 |
Basic and Diluted
earning per share (EPS) (Rupees) |
|
|
|
| |
EPS
before prior period items # |
29.59 |
16.87 |
91.45 |
| |
EPS after prior period items # |
29.59 |
16.87 |
86.22 |
| 15 |
Aggregate of Non-Promoter holding |
|
|
|
| |
- Number
of shares |
10150033 |
10395376 |
10135113 |
| |
-
Percentage of shareholding |
68.41 |
70.06 |
68.31 |
| * |
Includes compensation under voluntary retirement scheme
Rs.101.54 lacs (Rs.125.26 lacs) |
| # |
After considering
proportionate dividend on Cumulative Preference Shares in terms of Accounting
Standard 20 |
| |
| Notes:- |
| 1 |
Limited Review of the
above quarterly results has been carried out by the statutory auditors of the
Company. |
| 2 |
There were no investor's complaints at the beginning and close of the quarter. The Company had received eight complaints during the quarter which were resolved during the quarter. |
| 3. |
Previous period
figures have been regrouped / rearranged wherever necessary. |
| 4. |
The above results
were reviewed by the Audit Committee and taken on record by the Board of
Directors of the Company at their respective meetings held on 24th July, 2007. |
| |
|
Segment wise
Revenue, Results and Capital Employed under Clause 41 of the Listing
Agreement
|
| Sl. No. |
Particulars |
Quarter Ended
|
Year Ended
|
|
|
30.06.07 |
30.06.06
|
31.03.07
(Audited) |
| 1 |
Segment Revenue: |
| |
a) Paper & Board |
6207.39 |
6808.25 |
26258.37 |
| |
b) Cement |
17063.02 |
14160.36 |
59171.07 |
| |
c) Electric Fans |
5914.13 |
4871.88 |
24251.16 |
| |
d) Know-How & Service Fees |
122.77 |
- |
543.06 |
| |
Total |
29307.31 |
25840.49 |
110223.66 |
| |
Less : Inter Segment
Revenue |
- |
- |
- |
| |
Net Sales/Income from Operations |
29307.31 |
25840.49 |
110223.66 |
| |
|
|
|
|
| 2 |
Segment
Results : Profit (+)/Loss(-) before interest, prior |
| |
period item & Tax from each segment): |
|
|
|
| |
a) Paper & Board - Amlai |
576.68* |
1154.73 |
2574.85 |
| |
-
Brajrajnagar * |
-237.43 |
-279.03 |
-1277.95 |
| |
|
339.25 |
875.70 |
1296.90 |
| |
b) Cement |
7362.20 |
4752.73 |
22623.00 |
| |
c) Electric Fans |
210.05 |
-82.80 |
781.71 |
| |
d) Know-How & Service Fees |
-14.54 |
53.96 |
452.98 |
| |
Total |
7896.96 |
5599.59 |
25154.59 |
| |
Less: |
|
|
|
| |
(i)
Interest |
556.64 |
920.24 |
3270.24 |
| |
(ii) Other
un-allocable expenditure |
561.26 |
765.66 |
1113.38 |
| |
Net of un-allocable income |
|
|
|
| |
Total Profit before
prior period item & Tax |
6779.06 |
3913.69 |
20770.97 |
| |
Less : Prior Period Item - Energy
Development cess for earlier years |
- |
- |
1168.55 |
| |
Total Profit before Tax |
6779.06 |
3913.69 |
19602.42 |
| 3 |
Capital Employed: |
| |
a) Paper & Board |
13604.22 |
13449.13 |
12058.77 |
| |
b) Cement |
26255.80 |
20997.62 |
23997.46 |
| |
c) Electric Fans |
5679.37 |
4196.95 |
6161.46 |
| |
d) Know-How & Service Fees |
2038.91 |
1620.70 |
2050.23 |
| |
Total |
47578.30 |
40264.40 |
44267.92 |
| * |
Not comparable with previous year in view of planned maintenance shut of 8 days during this quarter. |
| ** |
Shown seperately since the units is non- operational. |
