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Audited Result for the Year 2004-2005
STEWARTS
AND LLOYDS OF INDIA LIMITED
(
A Subsidiary of IOTL )
Registered Office: 41, Chowringhee Road, Kolkata-700 071
FINANCIAL
RESULTS FOR THE YEAR ENDED MARCH 31, 2005
(Rs.
In Lakhs)
|
Sl.
No.
|
Particulars
|
Nine
months ended
|
Fourth
Quarter Ended
|
Year
Ended
|
| |
|
|
(
Audited )
|
|
31.12.2004
|
31.03.2005
|
31.03.2004
|
31.03.2005
|
31.03.2004
|
|
1
|
Gross
Sales
|
6715
|
4,394
|
2,494
|
11,109
|
5,153
|
|
2
|
Less:
Excise Duty
|
57
|
53
|
89
|
110
|
98
|
|
3
|
Net
Sales/Income from Operations
|
6,658
|
4,341
|
2,405
|
10,999
|
5,055
|
|
4
|
Other
Income
|
13
|
5
|
8
|
18
|
333
|
|
5
|
Total
Expenditure
|
6,291
|
4,059
|
2,246
|
10,350
|
4,803
|
| |
a)
(Increase) /Decrease in stock in trade-W.I.P.(Erection) and Finished
Goods
|
25
|
13
|
307
|
38
|
27
|
| |
b)
Consumption of Materials.
|
4133
|
2,346
|
501
|
6,479
|
2,278
|
| |
c)
Consumption of Stores & Tools (Including erection materials)
|
106
|
513
|
607
|
619
|
740
|
| |
d)
Staff Cost
|
342
|
170
|
100
|
512
|
363
|
| |
e)
Sub-contractors Payment
|
1222
|
657
|
512
|
1,879
|
903
|
| |
f)
Technical Fees
|
17
|
0
|
-
|
17
|
-
|
| |
g)
Other Expenditure
|
446
|
360
|
219
|
806
|
492
|
|
6
|
Interest
|
25
|
11
|
7
|
36
|
31
|
|
7
|
Depreciation
|
40
|
16
|
11
|
56
|
37
|
|
8
|
Profit/(Loss)
before Voluntary Retirement Compensation, Extraordinary item &
Taxation
|
315
|
260
|
149
|
575
|
517
|
|
9
|
Voluntary
Retirement Compensation
|
5
|
1
|
2
|
6
|
9
|
|
10
|
Profit(+)/Loss(-)
before Taxation
|
310
|
259
|
147
|
569
|
508
|
|
11
|
Provision
for Taxation
|
|
|
|
|
|
| |
- Current
|
105
|
107
|
82
|
212
|
110
|
| |
- Deferred (Net)
|
(10)
|
(4)
|
(19)
|
(14)
|
(21)
|
|
12
|
Net
Profit(+)/Loss(-)
|
215
|
155
|
84
|
370
|
419
|
|
13
|
Paid
up Equity Share Capital
|
300
|
300
|
300
|
300
|
300
|
| |
(Face
value Rs. 10/- per share)
|
|
|
|
|
|
|
14
|
Reserves
(excluding Revaluation Reserve.)
|
-
|
-
|
-
|
1,125
|
858
|
| |
(As
per Balance Sheet of previous accounting year )
|
|
|
|
|
|
|
15
|
Earning
per share (in Rs.)
|
7.17
|
5.18
|
2.78
|
12.34
|
13.95
|
| |
(Not
annualised)
|
|
|
|
|
|
|
16
|
Aggregate
of Non-promoter Shareholding
-Number of Shares
|
1,336,246
|
1,336,246
|
13,52,000
|
1,336,246
|
13,52,000
|
| |
-
Percentage of Shareholding
|
44.54
|
44.54
|
45.07
|
44.54
|
45.07
|
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NOTES:
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|
1.
The above results pertain to Projects including Supplies and Services,
which is the only
business segment of the Company.
2.
The Company did not have any investor complaint pending
at the beginning of the quarter,
received seven ( 7 ) investor complaints during the quarter and
there is no complaint lying
unresolved at the end of the quarter.
3.
The Board of Directors has recommended a Dividend for the financial
year ended 31st March,
2005 of Rs.3.00 (30 %) on each equity share.
4.
The above financial results were approved and taken on record
by the Board of Directors of
the Company in its meeting held on 4th May 2005.
5.
Previous period's figures have been regrouped/recast, wherever
necessary, to make them
comparable.
Board
4th May 2005
Kolkata |
For
and on behalf of the
B P SABBERWAL
MANAGING DIRECTOR |
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©
2005. Stewarts Lloyds of India Limited. All rights reserved.
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