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Quarterly Results
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4th Quarter year 2006-07 Audited Result for the year 2005-06
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3rd Quarter 2005-2006 Audited Result for the year 2004-05

1st Quarter Year 2006-2007

STEWARTS AND LLOYDS OF INDIA LIMITED
( A Subsidiary of  IOTL )
Registered  Office: 41, Chowringhee Road, Kolkata-700 071

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2006

       

(Rs. In Lakhs)

   

QUARTER ENDED

Financial Year ended

Sl. No.

Particulars

30.06.2006

30.06.2005

31.03.2006 (Audited)

1

Gross Sales

2,207

2,661

10,836

2

Less: Excise Duty

5

29

91

3

Net Sales/Income from Operations

2,202

2,632

10,745

4

Other Income

2

2

21

5

Total Expenditure

2,075

2,498

10,090

 

a) (Increase) /Decrease in Stock in trade - Work-in-Progress (Erection), Work-in-Progress (Fabrication) and Finished Products

(135)

(74)

134

 

b) Consumption of Materials.

403

1,302

5,099

 

c) Consumption of Stores & Tools (Including erection materials)

505

95

464

 

d) Staff Cost

159

124

667

 

e) Sub-contractors' Payment

877

747

2,642

 

f) Other Expenditure

266

304

1,084

6

Interest

9

3

35

7

Depreciation

18

18

80

8

Profit(+)/Loss(-) before Taxation

102

115

561

9

Provision for Taxation

     
 

- Current

35

38

198

 

- Deferred (Net)

1

(5)

(12)

 

- Fringe Benefit

4

3

13

10

Net Profit(+)/Loss(-)

62

79

362

11

Paid up Equity Share Capital

300

300

300

 

(Face value Rs. 10/- per share)

     

12

Reserves (excluding Revaluation Reserve.)

 

 

 

 

(As per Balance Sheet of previous accounting year )

    1,385

13

Basic and diluted earning per share (in Rs.)

2.07

2.64

12.08

 

(Not annualised)

     

14

Aggregate of Non-promoter Shareholding -Number of Shares

13,36,246

13,36,246

13,36,246

 

- Percentage of Shareholding

44.54

44.54

44.54



NOTES:

1. The Company is primarily engaged in execution of erection projects, which, in most cases involve supply of materials and thus is a single segment Company.

2. The above financial results were approved and taken on record by the Board of Directors of the Company in its meeting held on 26th July, 2006. The results for the quarter ended 30.06.2006 are subject to "Limited Review" by the Statutory Auditors.

3. Previous period's figures have been regrouped/rearranged, wherever necessary, to make them comparable.

4. Three ( 3 ) investor complaints were received during the quarter and resolved within the quarter.

26th July, 2006
Kolkata
For and on behalf of the Board
R.K. DUTTA
 CHAIRMAN AND MANAGING DIRECTOR

© 2006. Stewarts Lloyds of India Limited. All rights reserved.
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