| Sl. |
No. |
Particulars |
Quarter ended March |
Year ended March |
2009*
(Audited) |
2008
(Audited) |
2009*
(Audited) |
2008
(Audited) |
| 1 |
|
2 |
3 |
4 |
5 |
6 |
| 1 |
a |
Sales |
1,156.77 |
1,534.24 |
5,531.06 |
5,474.45 |
|
|
Less: Excise Duty |
68.31 |
128.13 |
423.00 |
485.65 |
|
|
Net sales |
1,088.46 |
1,406.11 |
5,108.06 |
4,988.80 |
|
b |
Other Operating Income |
37.20 |
39.12 |
122.74 |
145.85 |
|
|
Total Income |
1,125.66 |
1,445.23 |
5,230.80 |
5,134.65 |
| 2 |
|
Expenditure : |
|
|
|
|
|
a) |
(Increase)/decrease in stock-in-trade and work in progress |
104.24 |
(2.46) |
(85.35) |
(21.85) |
|
b) |
Raw materials consumed |
182.58 |
166.03 |
696.76 |
574.36 |
|
c) |
Power & Fuel |
277.72 |
268.23 |
1,311.55 |
994.72 |
|
d) |
Employees Cost |
277.44 |
217.74 |
771.06 |
570.39 |
|
e) |
Repair, Maintenance and Manufacturing Expenses |
112.28 |
123.16 |
425.64 |
398.23 |
|
f) |
Depreciation |
71.27 |
81.77 |
272.97 |
285.43 |
|
g) |
Other Expenses |
75.84 |
91.64 |
307.16 |
306.26 |
|
h) |
Total |
1,101.37 |
946.11 |
3,699.79 |
3,107.54 |
|
3 |
|
Profit from operations before other Income, Interest and Exceptional Items (1-2) |
24.29 |
499.12 |
1,531.01 |
2,027.11 |
| 4 |
|
Other Income |
107.83 |
114.39 |
400.11 |
441.00 |
| 5 |
|
Profit before interest and Exceptional Items (3+4) |
132.12 |
613.51 |
1,931.12 |
2,468.11 |
| 6 |
|
Interest and Financing charges |
2.94 |
0.81 |
3.96 |
1.52 |
| 7 |
|
Profit after interest but before Exceptional Items (5-6) |
129.18 |
612.70 |
1,927.16 |
2,466.59 |
| 8 |
|
Exceptional Items |
-- |
-- |
-- |
- |
| 9 |
|
Profit from ordinary activities before tax (7+8) |
129.18 |
612.70 |
1,927.16 |
2,466.59 |
| 10 |
|
Tax Expense |
46.16 |
197.01 |
654.89 |
835.07 |
| 11 |
|
Net Profit from ordinary activity after Tax (9-10) |
83.02 |
415.69 |
1,272.27 |
1,631.52 |
| 12 |
|
Extraordinary Items (net of tax expense) |
-- |
-- |
-- |
- |
| 13 |
|
Net Profit for the period (11-12) |
83.02 |
415.69 |
1,272.27 |
1,631.52 |
| 14 |
|
Paid-up Equity Share Capital
(Face value Rs.10 each) |
644.31 |
644.31 |
644.31 |
644.31 |
| 15 |
|
Reserves excluding Revaluation Reserves |
-- |
-- |
9,125.50 |
8230.14 |
| 16 |
|
Basic & diluted EPS (Not annualised)-Rs. |
1.29 |
6.45 |
19.75 |
25.32 |
| 17 |
|
Public Shareholding : No. of shares in lakh |
828 |
828 |
828 |
828 |
|
|
Percentage of share holding |
12.85 |
12.85 |
12.85 |
12.85 |
|
18 |
|
Promoters and promoter group shareholding |
|
|
|
|
|
|
a) |
Pledge/Encumbered |
|
|
|
|
|
|
|
- Number of Shares |
-- |
-- |
-- |
-- |
|
|
|
- Percentage of shares
(as a % of the total shareholding of promoter and promoter group) |
-- |
-- |
-- |
-- |
|
|
|
- Percentage of shares
(as a % of the total share capital of the company) |
-- |
-- |
-- |
-- |
|
|
b) |
Non-encumbered |
|
|
|
|
|
|
|
- Number of Shares |
561,499,635 |
561,499,635 |
561,499,635 |
561,499,635 |
|
|
|
- Percentage of shares
(as a % of the total shareholding of promoter and promoter group) |
100.00 |
100.00 |
100.00 |
100.00 |
|
|
|
- Percentage of shares
(as a % of the total share capital of the company) |
87.15 |
87.15 |
87.15 |
87.15 |
|
|
|
|
|
|
|
|
| B: Segmentwise Revenue, Results and Capital Employed : |
| 1 |
Segment Revenue : |
|
|
|
|
|
a) |
Chemicals |
492.19 |
659.37 |
2,335.64 |
1,940.70 |
|
b) |
Aluminium |
803.90 |
1,015.39 |
3,785.43 |
3,867.14 |
|
c) |
Electricity |
313.03 |
194.69 |
942.01 |
779.22 |
|
|
Total : |
1,609.12 |
1,869.45 |
7,063.08 |
6,587.06 |
|
|
Less: Inter segment revenue |
520.66 |
463.34 |
1,955.02 |
1,598.26 |
|
|
Net sales / Income from operations |
1,088.46 |
1,406.11 |
5,108.06 |
4,988.80 |
| 2 |
Segment Results : |
|
|
|
|
|
|
Profit before tax and interest : |
|
|
|
|
|
a) |
Chemicals |
148.80 |
327.26 |
1,065.57 |
820.34 |
|
b) |
Aluminium |
(139.62) |
226.48 |
573.50 |
1,243.87 |
|
c) |
Electricity |
57.97 |
(8.35) |
58.24 |
88.77 |
|
|
Sub-total : |
67.15 |
545.39 |
1,697.31 |
2,152.98 |
|
|
Less: Interest & financing charges |
2.94 |
0.80 |
3.96 |
1.51 |
|
|
Add: Other unallocated income |
0.00 |
|
|
|
|
|
net of unallocated expenses |
64.97 |
68.11 |
233.81 |
315.12 |
|
|
Total Profit before Tax : |
129.18 |
612.70 |
1,927.16 |
2,466.59 |
| 3 |
Capital Employed |
|
|
|
|
|
a) |
Chemicals |
1,285.80 |
1,320.12 |
1,285.80 |
1,320.12 |
|
b) |
Aluminium |
2,527.44 |
1,935.38 |
2,527.44 |
1,935.38 |
|
c) |
Electricity |
239.54 |
545.14 |
239.54 |
545.14 |
|
d) |
Unallocated common assets/(liabilites) |
6,338.38 |
5,681.24 |
6,388.38 |
5,681.24 |
| |
|
Total : |
10,391.16 |
9,481.88 |
10,391.16 |
9,481.88 |
* Subject to supplementary audit u/s 619(4) of the Companies
Act,1956 by the C&AG of India
Note:
1. The company has segmented its business activities in three parts i.e. Chemicals (Alumina), Aluminium and Electricity in accordance with Accounting Standard 17 issued by the ICAI. For computation of Segment Revenue and Segment Results, inter segment transfers of Alumina and Electricity are considered at a price calculated based on average export sales realisation during the period less freight and at average sales price to state grid, respectively.
2. Unallocated common Assets/Liabilities include investment of fund in bank deposits and Mututal funds of Rs.3,750 crore ( previous year Rs.3,591 crore) and Capital Works-in-progress of Rs.2,867 crore (previous year Rs.2,335 crore).
3.The Board of Directors have recommended for payment of total dividend @50% (Including
35% interim dividend already paid) on the paid of equity share capital of the company.
4. Employee cost includes Rs.123 crore (previous year Rs.81 crore) on account of provision made towards revision of pay during the year.
5. Figures pertaining to previous periods have been re-grouped / recast wherever necessary.
6. During the year, 27 investor complaints were received. These were promptly disposed off by the Company. No complaints were pending either at the beginning or at the end of the quarter.
7. Above Financial Results have been examined by Audit Committee and taken on record by Board of Directors in their meeting held on 3rd June 2009. The results have also been subjected to audit by the Statutory Auditors.
| |
|
|
| Bhubaneswar |
|
(CA. B. L. Bagra) |
| 3rd June, 2009 |
|
Director (Finance)
|
|
