UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 31ST DECEMBER,2008
(Rs in lacs)
                   3 months ended    Corresponding 3 months ended in the previous year Year to date  figures for the current period  ended Year to date  figures for the previous year ended Previous  accounting year ended 
31.12.2008 31.12.2007 31.12.2008 31.12.2007 31.03.2008
Unaudited Unaudited Unaudited Unaudited  Audited 
  (1) (2) (3) (4) (5) (6)
1. Net Sales/Income from operations

1,437.49

1,268.63

5,115.10

4,609.22

6,008.73

2. Expenditure          
  (a) (Increase)/Decrease in stock in trade
and work in progress		 (492.95) (802.62) (546.92) (965.66) (932.85)
  (b) Consumption of raw materials 662.46 656.36 2,275.13 2,060.75 2,649.17
  (c) Purchase of traded goods 168.91 521.19 192.17 684.86 620.02
  (d) Employees cost 204.32 169.02 602.63 530.31 737.74
  (e) Depreciation 31.46 22.84 96.19 67.11 98.65
  (f)  Other expenditure          
  Power & Fuel 217.09 213.04 712.17 681.18 679.24
  Freight 205.31 123.80 593.66 489.48 660.26
  Selling expenses 40.89 26.85  85.41 79.48 116.10
  Others 213.68 161.59 513.43 514.27 681.34
  (g)Total 1,251.17   1,092.07 4,523.87

4,141.78

  5,309.67
3. Profit from operations before other income,
interst & exceptional items (1-2)		 186.32 176.56 591.23 467.44 699.06
4. Other Income 7.97 10.15  12.85 213.93 219.88
5. Profit before interst & exceptional items (3+4) 194.29 186.71 604.08 681.37 918.94
6. Interest  131.39 73.30 348.86

205.30

305.97
7. Profit after interst but before exceptional 
items (5-6)		 62.90 113.41 255.22 476.07 612.97
8. Exceptional items -   - - - -
9. Profit (+)/Loss (-) from ordinary activities
before tax (7+8)		 62.90 113.41 255.22 476.07 612.97
10. Tax Expense          
      - Current Tax 4.63 8.99  28.63 34.81 55.14
      - Deferred Tax 14.16 20.16  75.74 70.94 102.25
     - Fringe Benefit Tax 2.06 0.74 6.42

5.47

8.00
11. Net Profit (+)/Loss (-) from ordinary activities
after tax (9-10)		 42.05 83.52 144.43

364.85

447.58
12. Extraordinary Item (net of tax expense )   - -   - - -
13. Net Profit (+)/Loss (-) for the period (11-12) 42.05 83.52 144.43

364.85

447.58
14. Paid-up Equity Share Capital (face value of Rs.10/-) 1832.74 1832.74 1,832.74 1,832.74 1,832.74
15. Reserve excluding revaluation reserves as
per balance sheet of previous accounting year		 484.35 83.52 484.35 388.37 339.92
16. Earning per share (EPS) 0.23   0.46 0.79 1.99 2.44
  (a) basic and diluted EPS before extraordinary items for the period, for the year to date and  for the previous year (not to be annualised)          
  (b) basic and diluted EPS after extraordinary
 items for the period, for the year to date and  for the previous year (not to be annualised)		 0.23 0.46 0.79 1.99 2.44
17. Public Shareholding          
     - Number of Shares  12,628,673 13,381,600 12,628,673

13,381,600

13,231,600

     - Percentage of Shareholding 68.91 73.01  68.91

73.01

72.20


NOTES:- 

1)   Freight is on incurrence/ accrual at the time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales  achieved during a particular period. However, this is according to the accounting policy consistently followed by the company.

2)   Necessary adjustment for liabilities towards defined benefit plans (AS-15) for the current quarter will be carried out at the end of the current financial year.  

3)   Lower net profit as in Item No.11 is due to the reduction in other income in Item No.4 on account of lower income from sale of eucalyptus seedlings to Rs.1.42 lacs (Previous period Rs.166.30 lacs). The eucalyptus seedlings were affected by Galle virus throughout South East Asia and has affected all major countries having eucalyptus plantations like China, Indonesia, Malaysia, India, Bangladesh and Thailand etc. 

4)   Purchases include import of MDF Boards aggregating to Rs.187.86 lacs (Previous period Rs.444.32 lacs).

5)

a)

Others under other expenditure (Item No.2f), includes, stores & spares consumed Rs.219.08  lacs (Previous period Rs.203.10 lacs).

 

b)

Others under other expenditure (Item No.2f) includes Rs.19.08 lacs as loss from Exchange Fluctuation (Previous period gain Rs.17.23 lacs). 

6)   Information on investor complaints for the quarter ended 31st December, 2008 (in nos.)


Opening Balance of Complaints

Received during
the Quarter

Disposed of during
the Quarter

Closing
Balance

-

5

5

-


7)   Figures of the previous period have been regrouped / rearranged wherever considered necessary. 

8)   The results for the quarter ended 31st December, 2008 are after the "Limited Review" by the Auditors of the Company. 

9)   The above results have been approved by the Board of Directors in their meeting held on 19th January, 2009. 

10)  Since there is only one Segment at present no Segment reporting is made. 

11)  The results of the Company are available at the Company's web site www.mangalamtimber.com 


Place :  Kolkata 
Date  :  19th January, 2009 		For MANGALAM TIMBER PRODUCTS LIMITED
SARVADAMAN RAY
MANAGING DIRECTOR

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30TH SEPTEMBER'2008

RS. IN LACS

                    3 months ended Corresponding
3 months ended
in the previous		 Year to date
figures for the
current period
ended		 Year to date
figures for the
previous year
ended		 Previous
accounting
year ended
30.09.2008 30.09.2007 30.09.2008 30.09.2007 31.03.2008
  Gross Sales #REF! 1793.49 3,960.51 3,629.03 6,499.18
  Less: Excise Duty #REF! 129.53 282.91 288.44 490.45
    Unaudited Unaudited  Unaudited  Unaudited  Audited
  (1) (2) (3) (4) (5) (6)
1. (a) Net Sales/Income from operations 1,936.23 1,663.96 3,677.61 3,340.59 6,008.73
  (b) Other operating income  - - -   - -
2. Expenditure          
  (a) (Increase)/Decrease in stock in trade and work in progress (93.40) (234.05) (53.97) (163.04)  (932.85)
  (b) Consumption of raw materials 943.95 765.40 1,612.67 1,404.39 2,649.17
  (c) Purchase of traded goods 17.83 120.74   23.26 163.67 620.02
  (d) Employees cost 191.34 172.63 398.31 361.29 737.74
  (e) Depreciation 40.07 21.93   64.73 44.27   98.65
  (f)  Other expenditure          
  Power & Fuel 267.99 237.33 495.08 468.14 679.24
  Selling expenses 210.02 207.93 432.87 418.31 776.36
  Others 160.34 193.80 299.75 352.69 681.34
  (g)Total 1,738.14 1,485.71 3,272.70 3,049.72 5,309.67
3. Profit from operations before other income, interst & exceptional items (1-2) 198.09 178.25 404.91 290.87 699.06
4. Other Income 0.71 177.79   4.88 203.78 219.88
5. Profit before interst & exceptional items (3+4) 198.80 356.04 409.79 494.65 918.94
6. Interest 114.78 66.00 217.47 132.00 305.97
7. Profit after interst but before exceptional
items (5-6)		 84.02 290.04 192.32 362.65 612.97
8. Exceptional items   - - -   - -
9. Profit (+)/Loss (-) from ordinary activities before tax (7+8)   84.02   290.04 192.32 362.65 612.97
10. Tax Expense          
      - Current Tax 14.90 18.16   24.00 25.82   55.14
     - Deferred Tax 62.15 33.36   61.58 50.78 102.25
     - Fringe Benefit Tax 2.86 2.91   4.36 4.73   8.00
11. Net Profit (+)/Loss (-) from ordinary activities after tax (9-10) 4.11   235.61 102.38 281.32 447.58
12. Extraordinary Item (net of tax expense )   - - -   - -
13. Net Profit (+)/Loss (-) for the period (11-12) 4.11   235.61 102.38 281.32 447.58
14. Paid-up Equity Share Capital (face value of Rs.10/-) 1832.74 1832.74 1,832.74 1,832.74 1,832.74
15. Reserve excluding revaluation reserves as per balance sheet of previous accounting year 442.30 235.61 442.30 304.84 339.92
16. Earning per share(EPS)        
  (a) basic and diluted EPS before extraordinary  items for the period, for the year to date and  for the previous year (not to be annualised) 0.02  1.29  0.56  1.53  2.44 
  (b) basic and diluted EPS after extraordinary  items for the period, for the year to date and for the previous year (not to be annualised) 0.02   1.29   0.56 1.53   2.44
17. Public Shareholding          
     - Number of Shares 12,734,600 13,554,600   12,734,600  13,554,600   13,231,600
     - Percentage of Shareholding   69.48   73.96   69.48 73.96   72.20
 

NOTES:-

1)

a)

Freight as included in selling expenses is charged to account on incurrence/ accrual at the  time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the  accounting policy consistently followed by the company.

 

b)

Other expenditure includes Rs.17.38 lacs as loss from Exchange Fluctuation (Previous period gain Rs.17.61 lacs).

2)   Necessary adjustment for liabilities towards defined benefit plans (AS-15) for the current quarter will be carried out at the end of the current financial year.

3)   Other income for the period is Rs.0.71 lac as compared to the previous period of Rs.177.79 lacs. The reduction in other income is due to negligible sales of seedlings during the current period as eucalyptus plants were affected by galle virus.

4)   Purchases include import of MDF Boards aggregating to Rs. 23.26 lacs (Previous period Rs.86.21 lacs).

5)   Information on investor complaints for the quarter ended 30th September, 2008 (in nos.)



Opening Balance of Complaints

Received during the Quarter

Disposed of during the Quarter

Closing Balance

-

5

5

-

6)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.

7)   The results for the quarter ended 30th September, 2008 are after the "Limited Review" by the Auditors of the Company.

8)  The above results have been approved by the Board of Directors in their meeting held on 31st October, 2008.

9)  The results of the Company are available at the Company's web site www.mangalamtimber.com 


Place : Kolkata
Date: 31st October, 2008

For MANGALAM TIMBER PRODUCTS LIMITED
SARVADAMAN RAY
MANAGING DIRECTOR

 

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30TH JUNE'2008

RS. IN LACS

  Quarter ended Year ended
30th JUNE'2008 30th JUNE'2007 31st MARCH'2008
01 Gross Sales 1,876.21   1,835.54 6,499.18
  Less: Excise Duty 134.83 158.91 490.45
  Net Sales 1,741.38   1,676.63 6,008.73
02 Other Income 4.17 25.99 219.88
03 Total Income 1,745.55   1,702.62 6,228.61
04 Expenditure      
  a) (Increase)/Decrease in stock in trade 39.43 71.01 (932.85)
  b) Consumption of raw materials 668.72 638.99 2,649.17
  c) Purchases  * 5.43  42.93 620.02
  d) Employees cost 206.97 188.66 737.74
  e) Depreciation 24.66 22.34   98.65
  f) Other expenditure      
     - Power & Fuel 227.09 230.81 679.24
     - Selling expenses 222.85 210.38 776.36
     - Others 139.41 158.89 681.34
  g)Total 1,534.55   1,564.01 5,309.67
05 Interest  102.69 66.00 305.97
06 Exceptional Items - -   -
07 Profit before Tax 108.31 72.61 612.97
08 Tax Expenses      
     - Current Tax 9.10   7.66   55.14
     - Deferred Tax (0.57) 17.42 102.25
     - Fringe Benefit Tax 1.50   1.82 8.00
09 Net Profit after Tax 98.28 45.71 447.58
10 Extraordinary Items - -   -
11 Net Profit for the period 98.28 45.71 447.58
12 Paid-up Equity Share Capital (Face value Rs.10/-) 1,832.74   1,832.74 1,832.74
13 Reserves excluding revaluation reserve 438.20 69.23 339.92
14 Basic and diluted EPS for the period, for the year to date and for the Previous Year (In Rs.) 0.54  0.25 2.44
15 Aggregate of Public Shareholding      
     - Number of Shares 13,131,600 13,979,600   13,231,600
     - Percentage of Shareholding 71.65 76.28  72.20

NOTES:-

1)

a)

Freight as included in selling expenses is charged to account on incurrence/ accrual at the time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the accounting policy consistently followed by the company.

 

b)

Other expenditure includes Rs.9.04 lacs as loss from Exchange Fluctuation (Previous quarter gain Rs.16.42 lacs).

2)   Necessary adjustment for liabilities towards defined benefit plans (AS-15) for the current quarter will be carried out at the end of the current financial year.

3)   As "Formaldehyde" is no more a reportable segment it has been excluded from "Segment Reporting".

4)   * Purchases include import of MDF Boards aggregating to Rs. NIL (Previous period Rs.41.52 lacs).

5)   Information on investor complaints for the quarter ended 30th June, 2008 (in nos.)


Opening Balance of Complaints

Received during the Quarter

Disposed of during the Quarter

Closing Balance

Nil

1

1

Nil

6)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.

7)   The results for the quarter ended 30th June, 2008 are after the "Limited Review" by the Auditors of the Company.

8)  The above results have been approved by the Board of Directors in their meeting held on 16th July, 2008.

9)  The results of the Company are available at the Company's web site www.mangalamtimber.com


Place : Kolkata
 Date:  16th July, 2008

For MANGALAM TIMBER PRODUCTS LIMITED
SARVADAMAN RAY
 MANAGING DIRECTOR

 

UNAUDITED FINANCIAL RESULTS (PROVISIONAL)  FOR THE QUARTER ENDED 31ST DECEMBER'2007

RS. IN LACS

       Quarter ended Year to date  ended Accounting Year
  ended
31st Des' 2007 31st Des' 2006 31st Des' 2007 31st Des' 2006 31st March' 2007
Unaudited Unaudited Unaudited Unaudited Audited
01  Gross Sales 1,379.89 2,169.77 5,008.92 5,904.17 7,960.92
   Less: Excise Duty 111.26 259.51 399.70 681.61 958.34
   Net Sales 1,268.63 1,910.26 4,609.22 5,222.56 7,002.58
02  Other Income 10.15 190.73 213.93 212.72 316.84
03  Total Income 1,278.78 2,100.99 4,823.15 5,435.28 7,319.42
04  Expenditure          
   a) (Increase)/Decrease in stock in trade (802.62) 71.97 (965.66) 393.82 365.81
   b) Consumption of raw materials 656.36 837.77 2,060.75 2,153.72 2,943.41
   c) Purchases 521.19 40.51 684.86 124.80 128.48
   d) Employees cost 169.02 162.00 530.31 472.79 648.52
   e) Depreciation 22.84 18.96 67.11 57.09 75.98
   f) Other expenditure          
     - Power & Fuel 213.04 227.86 681.18 604.45 816.45
     - Selling expenses 150.65 269.55 568.96 718.84 939.09
    - Others 161.59 223.32 514.27 537.96 605.83
   g) Total 1,092.07 1,851.94 4,141.78 5,063.47 6,523.57
05  Interest 73.30 63.81 205.30 166.69 239.90
06  Exceptional Items - - - - -
07  Profit before Tax 113.41 185.24 476.70 205.12 555.95
08  TaxExpenses          
    - Current Tax 8.99 3.02 34.81 8.53 46.00
    - Deferred Tax 20.16 15.68 70.94 21.18 136.73
    - Fringe Benefit Tax 0.74 1.42 5.47 5.84 9.50
09  Net Profit after Tax 83.52 165.12 364.85 169.57 363.72
10  Extraordinary Items - - - - -
11  Net Profit for the period 83.52 165.12 364.85 169.57 363.72
12  Paid-up Equity Share Capital
(Face value Rs.10/-)		 1,832.74 1,832.74 1,832.74 1,832.74 1,832.74
13  Reserves excluding revaluation reserve 83.52 - 388.37 - 23.52
14  Basic and diluted EPS for the period, for  the year to date and for the Previous Year  (In Rs.) 0.46 0.90 1.99 0.93 1.98
15  Aggregate of Non-Promoter Shareholding          
    - Number of Shares 13,381,600 13,953,431 13,381,600 13,953,431 13,953,531
    - Percentage of Shareholding 73.01 76.13 73.01 76.13 76.13

NOTE:-

1)

 

Freight as included in selling expenses is charged to account on incurrence/ accrual at the time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the accounting policy consistently followed by the company.
 

2)

 

Income from Seedlings included in other income amounting to Rs.166.30 lacs was accounted for in the quarter ended 30th September, 2007, and in this quarter there is no such income.
 
3)   Sales/ Despatches of MDF Board were affected due to unusual weather conditions in Southern & Western India and delayed project orders.
 
4)   Balancing Equipments are being installed currently and after commissioning of such equipment the installed capacity is likely to increase by 15% annually.
 
5)   The Institute of Chartered Accountants of India has issued a revised Accounting Standard (AS-15) on Employee Benefits effective from 1st April, 2007. The liabilities for defined benefit plans are being reviewed in terms of the requirement of the said Accounting Standard and accordingly necessary adjustments will be carried out at the end of the current financial year. However, the impact on account of this is not likely to be material on the financial results.
 
6)   Purchases include import of MDF Boards aggregating to Rs.444.32 lacs.
 
7)  
Information on investor complaints for the quarter ended 31st December, 2007 (in nos.)

 

Opening Balance of Complaints

Received during the Quarter

Disposed off during The Quarter

Closing Balance

Nil

5

5

Nil
8)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.
 
9)   The Statutory Auditors of the Company have carried out the limited review of the above unaudited financial results for the quarter ended 31st December, 2007 in terms of Clause 41 of the Listing Agreement.
 
10)   The above have been approved in the Board of Directors meeting held on 22nd January, 2008.
 
11)   The results of the Company are available at the Company's web site www.mangalamtimber.com

 
Place :  Kolkata
Date  :  22nd  January, 2007		 For MANGALAM TIMBER PRODUCTS LIMITED
SARVADAMAN RAY
MANAGING DIRECTOR

 

QUARTERLY REPORTING OF SEGMENT WISE REVENUE, RESULTS
AND CAPITAL EMPLOYED, UNDER CLAUSE 41 OF THE LISTING

RS. IN LACS
       Quarter ended Year to date  ended Accounting Year
  ended
31st Dec' 2007 30th Dec' 2006 30th Dec' 2007 30th Dec-' 2006 31st March' 2007
Unaudited Unaudited Unaudited Unaudited Audited
01

 Segment Revenue 
(Net sale/income from each segment)

         
   a) Segment - Medium Density Fibre Board 964.51 1,861.84 4,341.91 5,104.48 7,028.37
   b) Segment - Formaldehyde 198.69 421.87 426.09 997.95 1,372.63
   c)  Others 412.60 108.63 615.64 300.65 327.52
   Total 1,575.80 2,392.34 5,419.64 6,403.08 8,728.52
   Less: Inter Segment Revenue 195.91 222.57 410.72 498.91 767.60
   Gross sales/Income 1,379.89 2,169.77 5,008.92 5,904.17 7960.92
   Less : Excise Duty 111.26 259.51 399.70 681.61 958.34
   Net sales/Income from Operations 1,268.63 1,910.26 4,609.22 5,222.56 7,002.58
02  Segment Results (Profit before tax and interest from each   segment)          
   a) Segment - Medium Density Fibre Board (69.52) (37.25) 118.26 18.12 346.05
   b) Segment - Formaldehyde  34.38 60.37 (1.86) 129.72 172.37
   c)  Others 284.95 62.72 497.67 80.98 53.20
   Total 249.81 85.84 614.07 228.82 571.62
   Less:I. Interest  73.30 63.81 205.30 166.69 239.90
   II. Other un-allocable (income)/ expenditure net of un-allocable income/expenditure. 63.09 (163.21) (67.30) (142.99) (224.23)
   Total Profit Before Tax  113.42 185.24 476.07 205.12 555.95
03  Capital Employed (Segment assets - Segment liabilities)          
   a) Segment - Medium Density Fibre Board 3,406.78 2,604.36 3,406.78 2,604.36 3,122.25
   b) Segment - Formaldehyde (34.55) (73.45) (34.55) (73.45) (24.66)
   c) Segment - Unallocable 584.78 448.33 584.78 448.33 369.41
   Total 3,957.01 2,979.24 3,957.01 2,979.24 3,467.00
Note: 1. Figures of the previous period have been regrouped / rearranged wherever considered necessary.

 

UNAUDITED FINANCIAL RESULTS (PROVISIONAL)  FOR
THE QUARTER ENDED 30TH SEPTEMBER'2007

RS. IN LACS
       Quarter ended Year to date  ended Accounting Year
  ended
30th Sep' 2007 30th Sep' 2006 30th Sep' 2007 30th Sep' 2006 31st March' 2007
Unaudited Unaudited Unaudited Unaudited Audited
01  Gross Sales 1,793.49 1,968.91 3,629.03 3,734.40 7,960.92
   Less: Excise Duty 129.53 208.01 288.44 422.10 958.34
   Net Sales 1,663.96 1,760.90 3,340.59 3,312.30 7,002.58
02  Other Income 177.79 12.15 203.78 21.99 316.84
03  Total Income 1,841.75 1,773.05 3,544.37 3,334.29 7,319.42
04  Expenditure          
   a) (Increase)/Decrease in stock in trade (234.05) 251.81 (163.04) 321.85 365.81
   b) Consumption of raw materials 765.40 635.86 1,404.39 1,315.95 2,943.41
   c) Purchases 120.74 67.00 163.67 84.29 128.48
   d) Employees cost 172.63 165.57 361.29 310.79 648.52
   e) Depreciation 21.93 18.82 44.27 38.13 75.98
   f) Other expenditure          
    - Power & Fuel 237.33 187.25 468.14 376.59 816.45
    - Selling expenses 207.93 232.80 418.31 449.29 939.09
    - Others 193.80 178.26 352.69 314.64 605.83
   g) Total 1,485.71 1,737.37 3,049.72 3,211.53 6,523.57
05  Interest 66.00 55.01 132.00 102.88 239.90
06  Exceptional Items - - - - -
07  Profit before Tax 290.04 (19.33) 362.65 19.88 555.95
08  Tax Expenses          
    - Current Tax 18.16 1.67 25.82 5.51 46.00
    - Deferred Tax 33.36 (5.92) 50.78 5.50 136.73
    - Fringe Benefit Tax 2.91 2.42 4.73 4.42 9.50
09  Net Profit after Tax 235.61 (175.0) 281.32 4.45 363.72
10  Extraordinary Items - - - - -
11  Net Profit for the period   235.61 (17.50) 281.32 4.45 363.72
12  Paid-up Equity Share Capital(Face value Rs.10/-) 1,832.74 1,832.74 1,832.74 1,832.74 1,832.74
13  Reserves excluding revaluation reserve 235.61 - 304.84 - 23.52
14  Basic and diluted EPS for the period, for  the year to date and for the Previous Year  (In Rs.) 1.29 (0.10) 1.53 0.02 1.98
15  Aggregate of Non-Promoter Shareholding          
    - Number of Shares 13,554,600 13,953,431 13,554,600 13,953,431 13,953,531
    - Percentage of Shareholding 73.96 76.13 73.96 76.13 76.13
 
NOTE :
 

1)

 

Freight as included in selling expenses is charged to account on incurrence/ accrual at the  time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the  accounting policy consistently followed by the company. 

2)

 

Other income includes income from seedlings amounting to Rs.166.30 lacs.
3)   The Institute of Chartered Accountants of India has issued a revised Accounting Standard (AS-15) on Employee Benefits effective from 1st April, 2007. The liabilities for defined benefit plans are being reviewed in terms of the requirement of the said Accounting Standard and accordingly necessary adjustments will be carried out at the end of the current financial year. However, the impact on account of this is not likely to be material on the financial results
4)   Purchases include import of MDF Boards aggregating to Rs.86.20 lacs.
5)  
Information on investor complaints for the quarter ended 30th September, 2007 (in nos.)

Opening Balance of Complaints

Received during the Quarter

Disposed off during The Quarter

Closing Balance

-

6

6

-
6)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.
7)   The results for the quarter ended 30th September, 2007 are after the “Limited Review” by the Auditors of the Company.
8)   The above results have been approved in the Board of Directors meeting held on 12th October, 2007.
9)   The results of the Company are available at the Company's web site www.mangalamtimber.com

 
 
Place :  Kolkata
 Date  :  12th  October, 2007

For MANGALAM TIMBER PRODUCTS LIMITED
SARVADAMAN RAY
 MANAGING DIRECTOR
   
 

QUARTERLY REPORTING OF SEGMENT WISE REVENUE, RESULTS
AND CAPITAL EMPLOYED, UNDER CLAUSE 41 OF THE LISTING AGREEMENT

RS. IN LACS
       Quarter ended Year to date  ended Accounting Year
  ended
30th Sep' 2007 30th Sep' 2006 30th Sep' 2007 30th Sep' 2006 31st March' 2007
Unaudited Unaudited Unaudited Unaudited Audited
01  Segment Revenue  (Net sale/income from each segment)          
   a) Segment - Medium Density Fibre Board 1599.45 1685.60 3377.40 3242.64 7028.37
   b) Segment - Formaldehyde 86.80 316.44 227.40 576.08 1372.63
   c)  Others 189.90 105.42 239.04 192.02 327.52
   Total 1876.14 2107.46 3843.84 4010.74 8728.52
   Less: Inter Segment Revenue 82.65 138.55 214.81 276.34 767.60
   Gross sales/Income 1793.49 1968.91 3629.03 3734.40 7960.92
   Less : Excise Duty 129.53 208.01 288.44 422.10 958.34
   Net sales/Income from Operations 1663.96 1760.90 3340.59 3312.30 7002.58
02 Segment Results (Profit before tax and interest from each   segment)          
   a) Segment - Medium Density Fibre Board 17.14 (12.27) 187.78 55.37 346.05
   b) Segment - Formaldehyde  (9.24) 49.24 (36.24) 69.35 172.37
   c)  Others  210.60 8.90 212.73 18.26 53.20
   Total 218.50 45.87 364.26 142.98 571.62
   Less:I. Interest  66.00 55.01 132.00 102.88 239.90
   II. Other un-allocable (income)/ expenditure net of un-allocable income/expenditure. (137.54) 10.19 (130.39) 20.22 (224.23)
   Total Profit Before Tax  290.04 (19.33) 362.65 19.88 555.95
03  Capital Employed          
   (Segment assets - Segment liabilities)          
   a) Segment - Medium Density Fibre Board 2733.70 2712.28 2733.70 2712.28 3122.25
   b) Segment - Formaldehyde 100.42 (134.21) 100.42 (134.21) (24.66)
   c) Segment - Unallocable 848.89 380.00 848.89 380.00 369.41
   Total 3683.01 2958.07 3683.01 2958.07 3467.00

 

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER
ENDED 30TH JUNE'2007
RS. IN LACS
  Quarter Ended Accounting Year  ended
30th
JUNE'2007		 30th
JUNE'2006 		31th
MARCH'2007
Unaudited Unaudited audited
01 Gross Sales  1,835.54  1,765.49 7,960.92  
  Less: Excise Duty   158.91 214.09 958.34
  Net Sales  1,676.63  1,551.40 7,002.58
 02  Other Income   25.99   9.84  316.84 
03 Total Expenditure        
  a) Increase/(Decrease) in stock in trade (71.01) (70.04)  (365.81)
  b) Consumption of raw materials  638.99 680.09 2,943.41
  c) Purchases  42.93 17.29 128.48
  d) Staff cost   188.66 145.22 648.52
  e) Other expenditure      
     - Power & Fuel   230.81 189.34 816.45
     - Selling expenses   210.38 216.49 939.09
     - Others    158.89 136.38 605.83
04 Interest    66.00 47.87 239.90
05 Profit before Depreciation and Tax 94.95 58.52 631.93
06 Depreciation  22.34 19.31 75.98
07 Profit Before Taxation 72.61 39.21 555.95
08 Provision For Taxation      
     - Current Tax  7.66 3.84 46.00
     - Defferd Tax  17.42 11.42 136.73
     - Fringe Benefit Tax  1.82 2.00   9.50
09 Net Profit  45.71 21.95 363.72
10 Paid-up Equity Share Capital (Face value Rs.10/-) 1,832.74  1,832.74 1,832.74
11 Reserves excluding revaluation reserve  69.23 (318.25) 23.52
12 Basic and diluted EPS for the period, for the year to date and for the Previous Year (In Rs.) 0.25 0.12   1.98
13 Aggregate of Non-Promoter Shareholding       
     - Number of Shares  13,979,600 13,953,531  13,953,531
     - Percentage of Shareholding 76.28 76.13 76.13

NOTES:-

1)

 

a) Freight as included in selling expenses is charged to account on incurrence/ accrual at the  time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the  accounting policy consistently followed by the company.

b) * Denotes Other Income of Rs.16.42 lacs as gain from Exchange Fluctuation.
 

2)   The Institute of Chartered Accounts of India has issued a revised Accounting Standard (AS-15) on Employee Benefits effective from 1st April, 2007. The liabilities for defined benefit plans are being reviewed in terms of the requirement of the said Accounting Standard and accordingly necessary adjustments will be carried out at the end of the current financial year. However, the impact on account of this is not likely to be material on the financial results.

3)   Purchases include import of MDF Boards aggregating to Rs.41.52 lacs.

4)   Information on investor complaints for the quarter ended 30th June, 2007 (in nos.)


Opening Balance of Complaints

Received during the Quarter

Disposed off during The Quarter

Closing Balance

-

5

5

-

5)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.

6)   The results for the quarter ended 30th June, 2007 are after the "Limited Review”" by the Auditors of the Company.

7)   The above results have been taken on record in the Board of Directors meeting held on 24th July, 2007.

8)   The results of the Company are available at the Company's web site www.mangalamtimber.com


Place : Kolkata
 Date:  24th July, 2007

For MANGALAM TIMBER PRODUCTS LIMITED
SARVADAMAN RAY
 MANAGING DIRECTOR

 

QUARTERLY REPORTING OF SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED, UNDER CLAUSE 41 OF THE LISTING AGREEMENT 
RS IN LACS
    Year ended  Quarter ended 
 30.06.2006   30.06.2006   31.03.2007  
 Unaudited  Unaudited Unaudited  
  1 Segment Revenue (Net sale/income from each segment)       
  a) Segment - Medium Density Fibre Board 1777.96 1,557.04 7028.37  
  b) Segment - Formaldehyde 140.60   259.64 1372.63
  c)  Others  49.14 86.60 327.52
  Total 1967.70 1903.28 8728.52 
  Less: Inter Segment Revenue 132.16   137.79 767.60  
  Gross sales/Income 1835.54 1,765.49 7960.92 
  Less : Excise Duty 158.91   214.09 958.34  
  Net sales/Income from Operations 1676.63 1,551.40 7002.58 
  2 Segment Results (Profit before tax and interest from each segment)        
  a) Segment - Medium Density Fibre Board 170.63 67.64 346.05  
  b) Segment - Formaldehyde  (27.00) 20.11 172.37  
  c)  Others   2.13  9.36 53.20
  Total  145.76 97.11 571.62
  Less: i. Interest  66.00 47.87 239.90  
 

ii.  Other un-allocable (income)/ expenditure net off of un-allocable income/expenditure.

  7.15 10.03 (224.23) 
  Total Profit Before Tax  72.61 39.21   555.95  
  3 Capital Employed (Segment assets - Segment liabilities)       
  a) Segment - Medium Density Fibre Board 3169.36 2,846.48 3122.25  
  b) Segment - Formaldehyde 133.82 (116.57) (24.66) 
  c) Segment - Unallocable 191.54   231.59 369.41  
  Total 3494.72 2,961.50 3467.00 

 

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE
QUARTER ENDED 31ST DECEMBER, 2006

Rs. in Lacs
                Quarter ended 9 Month ended Accounting
year ended
31st Dec.,2006 31st Dec.,2005 31st Dec.,2006 31st Dec.,2005 31st March,2006
Unaudited Unaudited Unaudited Unaudited Audited
01 Gross Sales  2,169.77 1,416.74 5,904.17 4,400.69 5,908.58
  Less: Excise Duty 259.51 191.37 681.61 548.61 759.51
  Net Sales  1,910.26 1,225.37 5,222.56 3,852.08 5,149.07
02 Other Income  190.73 103.44 212.72 114.30 167.75
03 Total Expenditure        
  a) Increase/(Decrease)  (71.97) 203.17  (393.82) 211.44 484.12
  in stock in trade          
  b) Consumption of raw materials  837.77 645.36 2,153.72 1,709.51 2,432.41
  c) Purchases  40.51  7.66 124.80 72.05 104.90
  d) Staff cost  162.00 147.65 472.79 419.19 565.76
  e) Other expenditure        
     - Power & Fuel  227.86 189.48 604.45 578.10 751.71
     - Selling expenses 269.55 208.18 718.84 537.20 704.11
     - Others  223.32 142.47 537.96 374.04 576.67
04 Interest   63.81  38.33 166.69 125.33 178.17
05 Profit before Depreciation and Tax 204.20 152.85 262.21 362.40 487.21
06 Depreciation  18.96  17.95 57.09 57.13 75.65
08 Profit Before Taxation 185.24 134.90 205.12 305.27 411.56
09 Provision for Taxation
     - Current Tax  3.02  3.65  8.53 18.00 25.72
     - Deferred Tax  15.68  19.03 21.18 71.90 92.50
     - Fringe Benefit Tax 1.42  1.85  5.84 5.00  7.25
10 Net Profit  165.12 110.37 169.57 210.37 286.09
11 Paid-up Equity Share Capital(Face value Rs.10/-) 1,832.74 1,832.74 1,832.74 1,832.74 1,832.74
12 Reserves   - - - - (340.20)
13 Basic and diluted EPS for the period, for the year to date and for the Previous Year (In Rs.) 0.90  0.60  0.93 1.15  1.56
14 Aggregate of Non-Promoter Shareholding           
     - Number of Shares     13,953,431 13,953,531 13,953,531
     - Percentage of Shareholding     76.13 76.13 76.13

NOTES:-

1)   In accordance with the accounting policy consistently followed by the company, other income includes Rs.124.90 lacs (Rs.91.74 lacs in the corresponding period of the previous accounting year) being profit on sale of seedlings, which is accounted for on cash basis.

2)   Freight as included in selling expenses is charged to account on incurrence/ accrual at the time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the accounting policy consistently followed by the company.

3)   Information on investor complaints for the quarter ended 31st December, 2006 (in nos.)


Opening Balance of
Complaints		 Received during the Quarter Disposed off during The Quarter

Closing Balance
-

4

4

-

4)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.

5)   The results for the quarter ended 31st December, 2006 are after the “Limited Review” by the Auditors of the Company

6)   The above results have been taken on record in the Board of Directors meeting held on 19th January, 2007.

7)   Shri G S Gupta has resigned as the Managing Director of the Company with immediate effect. Shri S Ray has been appointed as the Managing Director of the Company with immediate effect.

8)   The results of the Company are available at the Company's web site www.mangalamtimber.com

 

QUARTERLY REPORTING OF SEGMENT WISE REVENUE,
RESULTS AND  CAPITAL EMPLOYED, UNDER CLAUSE 41 OF THE LISTING AGREEMENT

Rs. in Lacs
  Quarter ended 9 Month ended Accounting year ended
31.12.2006 31.12.2005 31.12.2006 31.12.2005 31.03.2006
Unaudited Unaudited Unaudited Unaudited Audited
1 Segment Revenue (Net sale/income from each segment)          
  a) Segment - Medium Density Fibre Board 1861.84 1175.90 5104.48 3765.80 4947.36
  b) Segment - Formaldehyde 421.87 243.44 997.95 696.89 988.95
  c)  Others 108.63 111.95 300.65 248.80 442.32
  Total  2392.34 1531.29 6403.08 4711.49 6378.63
  Less: Inter Segment Revenue 222.57 114.55 498.91 310.80 470.05
  Gross sales/Income 2169.77 1416.74 5904.17 4400.69 5908.58
  Less : Excise Duty 259.51 191.37 681.61 548.61 759.51
  Net sales/Income from Operations 1910.26 1225.37 5222.56 3852.08 5149.07
2 Segment Results Profit before tax and interest from each segment          
  a) Segment - Medium Density Fibre Board (37.25) 63.37 18.12 302.04 419.74
  b) Segment - Formaldehyde 60.37 22.67 129.72 49.01 101.40
  c)  Others 62.72 10.09 80.98 19.22 19.94
  Total  85.84 96.13 228.82 370.27 541.08
  Less: i. Interest 63.81 38.33 166.69 125.33 178.17
  ii.  Other un-allocable (income)/expenditure net off of un-allocable income/expenditure. (163.21)  (77.10) (142.99) (60.33) (48.65)
  Total Profit Before Tax 185.24 134.90 205.12 305.27 411.56
3 Capital Employed (Segment assets - Segment liabilities)          
  a) Segment - Medium Density Fibre Board 2604.36 2464.35 2604.36 2464.35 2977.60
  b) Segment - Formaldehyde (73.45) 6.75 (73.45) 6.75  (198.30)
  c) Segment - Unallocable 448.33 227.85 448.33 227.85 283.60
  Total  2979.24 2698.95 2979.24 2698.95 3062.90
Note: Figures of the previous period have been regrouped / rearranged wherever  considered necessary.

 

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE
QUARTER ENDED 30TH SEPTEMBER, 2006

Rs. in Lakhs
    Quarter ended Half year ended Accounting year ended
30th Sept,2006 30th Sept,2005 30th Sept,2006 30th Sept,2005 31st March,2006
Unaudited Unaudited Unaudited Unaudited Audited
01 Gross Sales 1,968.91 1,737.44   3,734.40 2,983.95 5,908.58
  Less: Excise Duty  208.01 212.26 422.10  357.24  759.51
  Net Sales 1,760.90 1,525.18   3,312.30 2,626.71 5,149.07
02 Other Income  12.15 3.33 21.99  10.86  167.75
03 Total Expenditure          
  a) Increase/(Decrease) in stock in trade (251.81)  (11.55)   (321.85) 8.27  484.12
  b) Consumption of raw  materials  635.86 610.12   1,315.95 1,064.15 2,432.41
  c) Purchases  67.00 27.40 84.29  64.39  104.90
  d) Staff cost  165.57 139.10 310.79  271.54  565.76
  e) Other expenditure        
    - Power & Fuel   187.25 236.04 376.59  388.62  751.71
    - Selling expenses  232.80 172.54 449.29  329.02  704.11
    - Others  178.26 109.48 314.64  231.57  576.67
04 Interest  55.01 44.57 102.88  87.00  178.17
05 Profit before Depreciation and Tax  (0.51) 177.71 58.01  209.55  487.21
06 Depreciation  18.82 18.48 38.13  39.18 75.65
08 Profit Before Taxation (19.33) 159.23 19.88  170.37  411.56
09 Provision for Taxation
    - Current Tax 1.67 13.41 5.51  14.35 25.72
     - Deferred Tax  (5.92) 49.12 5.50  52.87 92.50
    - Fringe Benefit Tax 2.42 1.00 4.42 3.15  7.25
10 Net Profit (17.50) 95.70 4.45  100.00  286.09
11 Paid-up Equity Share Capital (Face value Rs.10/-) 1,832.74 1,832.74   1,832.74 1,832.74 1,832.74
12 Reserves  - - -  -  (340.20)
13 Basic and diluted EPS for the period, for the year to date and for the Previous Year (In Rs.)  (0.10) 0.52 0.02 0.55  1.56
14 Aggregate of Non-Promoter Shareholding          
    - Number of Shares       13,953,431 13,953,431 13,953,531
    - Percentage of Shareholding     76.13  76.13 76.13

NOTES:-

1)   During the quarter under review the Company's plant was under shut down for annual maintenance affecting production, sales and costs. In view of this the figures for the quarter under review may not reflect the performance of the Company for the year 2006-07 as a whole.

2)   Freight as included in selling expenses is charged to account on incurrence/ accrual at the time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the accounting policy consistently followed by the company.

3)    Information on investor complaints for the quarter ended 30th September, 2006 (in nos.)


Opening Balance of Complaints

Received during the Quarter

Disposed off during The Quarter

Closing Balance

-

12

12

-

4)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.

5)   The results for the quarter ended 30th September, 2006 are after the “Limited Review” by the Auditors of the Company.

6)   The above results have been taken on record in the Board of Directors meeting held on 26th October, 2006.

7)   The results of the Company are available at the Company's web site  www.mangalamtimber.com
Place : Kolkata
Date :26th October, 2006		 For MANGALAM TIMBER PRODUCTS LIMITED
G. S. Gupta
   

QUARTERLY REPORTING OF SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED,
UNDER CLAUSE 41 OF THE LISTING AGREEMENT

Rs. in Lakhs
  Quarter ended Half year ended Accounting year ended
30.09.2006 30.09.2005 30.09.2006 30.09.2005 31.03.2006
Unaudited Unaudited Unaudited Unaudited Audited
1 Segment Revenue (Net sale/income from each segment)          
  a) Segment - Medium Density Fibre Board 1685.60 1507.36 3242.64 2589.90 4947.36
  b) Segment - Formaldehyde 316.44 262.83 576.08 453.45 988.95
  c) Others 105.42 76.62 192.02 136.85 442.32
  Total 2107.46 1846.81 4010.74 3180.20 6378.63
  Less: Inter Segment Revenue 138.55 109.37 276.34 196.25 470.05
  Gross sales/Income 1968.91 1737.44 3734.40 2983.95 5908.58
  Less : Excise Duty 208.01 212.26 422.10 357.24 759.51
  Net sales/Income from Operations 1760.90 1525.18 3312.30 2626.71 5149.07
2 Segment Results Profit before tax and interest from each segment          
  a) Segment - Medium Density Fibre Board (12.27) 183.26 55.37 238.67 419.74
  b) Segment - Formaldehyde 49.24 25.00 69.35 26.34 101.40
  c) Others 8.90 5.42 18.26 9.13 19.94
  Total 45.87 213.68 142.98 274.14 541.08
  Less: i. Interest 55.01 44.57 102.88 87.00 178.17
  ii. Other un-allocable (income)/expenditure net off of un - allocable income/expenditure. 10.19 9.88 20.22 16.77 (48.65)
  Total Profit Before Tax (19.33) 159.23 19.88 170.37 411.56
3 Capital Employed (Segment assets - Segment liabilities)          
  a) Segment - Medium Density Fibre Board 2712.28 2222.92 2712.28 2222.92 2977.60
  b) Segment - Formaldehyde (134.21) 176.00 (134.21) 176.00  (198.30)
  c) Segment - Unallocable 380.00 271.09 380.00 271.09 283.60
  Total 2958.07 2670.01 2958.07 2670.01 3062.90
Note: Figures of the previous period have been regrouped / rearranged wherever considered necessary.
 

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE
QUARTER ENDED 30TH June, 2006

Rs. in Lakhs
    Quarter ended Accounting year ended
30th June,2006 30th June,2005 31st March,2006
Unaudited Unaudited Audited
01 Gross Sales 1,765.49  1,246.51 5,908.58
  Less: Excise Duty  214.09 144.98 759.51
  Net Sales 1,551.40  1,101.53 5,149.07
02 Other Income 9.84  7.53 167.75
03 Total Expenditure      
  a) Increase/(Decrease) in stock in trade (70.04)  19.82 484.12
  b) Consumption of raw materials  680.09 454.03 2,432.41
  c) Purchases  17.29  36.99 104.90
  d) Staff cost  145.22 132.44 565.76
  e) Other expenditure      
     - Power & Fuel  189.34 152.58 751.71
    - Selling expenses  216.49 156.48 704.11
    - Others  136.38 122.09 576.67
04 Interest  47.87  42.43 178.17
05 Profit before Depreciation and Tax  58.52  31.84 487.21
06 Depreciation  19.31  20.70 75.65
07 Profit Before Taxation  39.21  11.14 411.56
08 Provision for Taxation    
   - Current Tax - MAT 3.84  0.94 25.72
    - Deferred Tax  11.42  3.75 92.50
    - Fringe Benefit Tax 2.00  2.15  7.25
09 Net Profit  21.95  4.30 286.09
10 Paid-up Equity Share Capital (Face value Rs.10/-)

1,832.74

 1,832.74 1,832.74
11 Reserves (318.25)  (621.99)  (340.20)
12 Basic and diluted EPS for the period, for the year to date and for the Previous Year (In Rs.)

 0.12

  0.02

 1.56

13 Aggregate of Non-Promoter Shareholding      
  - Number of Shares 13,953,531 13,953,431  13,953,531
  - Percentage of Shareholding  76.13 76.13 76.13

NOTES:-

1)   Freight as included in selling expenses is charged to account on incurrence/ accrual at the time of removal of finished goods from the factory. Therefore, this may not necessarily relate to sales achieved during a particular period. However, this is according to the accounting policy consistently followed by the company.

2)   Information on investor complaints for the quarter ended 30th June, 2006 (in nos.)


Opening Balance of Complaints

Received during the Quarter

Disposed off during The Quarter

Closing Balance

-

12

12

-

3)   Figures of the previous period have been regrouped / rearranged wherever considered necessary.

4)   The results for the quarter ended 30th June, 2006 are after the "Limited Review" by the Auditors of the Company.

5)   The above results have been taken on record in the Board of Directors meeting held on 31st July, 2006.

6)   The results of the Company are available at the Company's web site www.mangalamtimber.com


Place : Kolkata
Date :31st July, 2006		 MANAGING DIRECTOR
For MANGALAM TIMBER PRODUCTS LIMITED
G. S. Gupta


 
QUARTERLY REPORTING OF SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED,
UNDER CLAUSE 41 OF THE LISTING AGREEMENT

Rs. in Lakhs