|
Audited Result for the Year 2005-2006
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, 2006
| |
|
|
|
|
(Rs.
In Lakhs)
|
|
Sl.
No.
|
Particulars |
Nine months Ended |
Fourth Quarter Ended |
Year
ended (Audited)
|
| |
|
31.12.2005 |
31.03.2006
|
31.03.2005
|
31.03.2006
|
31.03.2005 |
|
1
|
Gross
Sales
|
7,766 |
3,070
|
4,394
|
10,836
|
11,109 |
|
2
|
Less:
Excise Duty
|
45 |
46
|
53
|
91
|
110 |
|
3
|
Net
Sales/Income from Operations
|
7,721 |
3,024
|
4,341
|
10,745
|
10,999 |
|
4
|
Other
Income
|
21 |
0
|
5
|
21
|
18 |
|
5
|
Total
Expenditure
|
7,331 |
2,759
|
4,060
|
10,090
|
10,357 |
| |
a)
(Increase) /Decrease in stock in trade-W.I.P.(Erection) and Finished
Goods
|
(51) |
185
|
135
|
134
|
38 |
| |
b)
Consumption of Materials.
|
3,715 |
1,384
|
2,346
|
5,099
|
6,479 |
| |
c)
Consumption of Stores & Tools (Including erection materials)
|
375 |
89
|
513
|
464
|
619 |
| |
d)
Staff Cost
|
470 |
197
|
171
|
667
|
518 |
| |
e)
Sub-contractors Payment
|
2,000 |
642
|
657
|
2,642
|
1,879 |
| |
f)
Other Expenditure
|
822 |
262
|
360
|
1,084
|
824 |
|
6
|
Interest
|
24 |
11
|
11
|
35
|
36 |
|
7
|
Depreciation
|
57 |
23
|
16
|
80
|
56 |
|
8
|
Profit(+)/Loss(-)
before Taxation
|
330 |
231
|
259
|
561
|
568 |
|
9
|
Provision
for Taxation
|
|
|
|
|
|
| |
-
Current
|
104 |
94
|
107
|
198
|
212 |
| |
-
Deferred (Net)
|
(4) |
(8)
|
(4)
|
(12)
|
(14) |
| |
-
Fringe Benefit
|
10
|
3
|
-
|
13
|
- |
|
10
|
Net
Profit(+)/Loss(-)
|
220 |
142
|
156
|
362
|
370 |
|
11
|
Paid
up Equity Share Capital
(Face value Rs. 10/- per share)
|
300
|
300
|
300
|
300
|
300 |
|
12
|
Reserves
(excluding Revaluation Reserve.)
(As per Balance Sheet of previous accounting year )
|
|
|
|
1,385
|
1,125 |
|
13
|
Earning
per share (in Rs.)
(Not annualised)
|
7.33 |
4.73
|
5.18
|
12.08
|
12.34 |
|
14
|
Aggregate
of Non-promoter Shareholding
-Number of Shares
|
1,336,246
|
1,336,246
|
1,336,246
|
1,336,246
|
1,336,246 |
| |
-
Percentage of Shareholding
|
44.54 |
44.54
|
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 Company did not had any investor complaint pending at the beginning of the quarter, received four ( 4 ) investor complaints during the quarter and there is no complaint lying unresolved at the end of the quarter ended 31st March 2006.
3.
The Board of Directors has recommended a dividend for the financial year ended 31 st March, 2006 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 28th April, 2006.
5. Previous period's figures have been regrouped/recast, wherever necessary, to make them comparable.
28th April 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. |
