ASAHI  SONGWON  COLORS  LTD

Regd. Office : 167/168, Indrad Village, Kadi Kalol Road, Chhatral, Dist. Mehsana

 Home

UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 31st MARCH, 2011

 

           (Rupees in Lacs )
      Quarter Ended  Year Ended
    Particulars 31/03/2011 31/03/2010 31/03/2011
31/03/2010
      (Unaudited) (Unaudited) (Unaudited) (Audited)
 1.   a)   Sales and Income from Operations          4,746.69      4,317.85        18,410.05        12,667.03
   b)   Other operating Income                4.35           47.19              13.71              61.82
     Total          4,751.04      4,365.04        18,423.76        12,728.85
 2.     Expenditure:         
   a)   (Increase) / Decrease in Stock in Trade and Work in Progress            (649.03)         180.75            (266.46)              37.05
   b)   Consumption of Raw Materials          2,967.32      2,539.14        10,735.26          7,509.30
   c)   Purchase of Traded Goods               27.00           17.95             181.29              89.48
   d)   Power & Fuel             550.15         362.04          1,874.74          1,405.49
   e)   Employees Cost             228.94         143.83             534.60             343.13
   f)   Depreciation             115.61         107.09             447.96             430.02
   g)   Other Expenditure             686.72         347.57          2,325.81          1,372.31
     Total          3,926.71      3,698.37        15,833.20        11,186.78
 3.     Profit/(Loss) from Operation before Other Income, Interest and Exceptional Items             824.33         666.67          2,590.56          1,542.07
 4.     Other Income                    -                  -                     -                     -  
 5.     Profit/(Loss) before Interest and Exceptional Items             824.33         666.67          2,590.56          1,542.07
 6.     Interest & Financial Charges               96.21         144.98             336.44             387.81
 7.     Profit/(Loss) after Interest but before Exceptional Items             728.12         521.69          2,254.12          1,154.26
 8.     Exceptional Items                    -                  -                     -                     -  
 9.     Profit/(Loss) from Ordinary Activities before Tax             728.12         521.69          2,254.12          1,154.26
 10  Tax Expenses         
    - Current Tax                1.87            0.60                1.94                0.60
    - Deferred Tax               75.00           54.88             248.00             199.61
 11.     Net Profit /(Loss) from Ordinary Activities After Tax             651.25         466.21          2,004.18             954.05
 12.     Extra Ordinary Items                    -                  -                     -                     -  
 13.     Net Profit /(Loss) for the period             651.25         466.21          2,004.18             954.05
 14.     Paid up Equity Share Capital          1,227.23      1,227.23          1,227.23          1,227.23
     (Face Value of Rs. 10/- each)         
 15.     Reserves excluding Revaluation Reserve                 6,944.47
 16.     Basic / Diluted EPS for the period          
     Not annualised ( In Rupees)                5.31            3.80              16.33                7.77
 17.    Public Shareholding:        
        -  Number of Shares 4727510 4727510 4727510 4727510
        -  Percentage of shareholding 38.52% 38.52% 38.52% 38.52%
 18.     Promoters and Promoter Group Shareholding         
   a)   Pledged/Encumbered         
   Number of Shares  0 0 0 0
     Percentage of Shares                                                        (as a % of the total Shareholding of Promoter and Promoter Group)  0% 0% 0% 0%
     Percentage of Shares                                                        (as a % of the total share capital of the company)  0% 0% 0% 0%
   b)   Non-encumbered         
   Number of Shares  7544752 7544752 7544752 7544752
     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)  61.48% 61.48% 61.48% 61.48%
Notes :        
1   The above financial results were reviewed by the Audit Committee and approved by the  Board of Directors in their meeting held on 14th May, 2011.
2   The Auditors of the Company have carried out the Limited Review of the above financial results.
3   The Company has only one Business Segment to be reported namely Pigments, as per Accounting Standard - 17.
4   There was no outstanding compliant from the shareholders at the beginning and end of the quarter and no compliant was received during the quarter.
5   Figures for the pervious corresponding period have been regrouped, wherever considered necessary.
   

 For and on behalf of Board of Directors 
Asahi Songwon Colors Ltd.

Place : Indrad, Mehasana
Date: 14th  may , 2011		  

Gokul M. Jaykrishna
Joint Managing Director