UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30TH JUNE, 2009
  (Rs in lacs)
  Particulars Year to date figures for current period ended 30.06.2009 Corresponding 3 months ended in the previous year 30.06.2008 Previous accounting year ended 31.03.2009
    Unaudited Unaudited Audited
1. (a) Net Sales/Income from Operations 1,738.42 1,741.38 7,096.80
  (b) Other Operating Income - - -
    1,738.42 1,741.38 7,096.80
2. Expenditure      
  a. (Increase)/decrease in stock in trade and work in progess (176.36) 39.43 (364.39)
  b.Consumption of raw materials 757.04 668.72 3,067.19
  c. Cost of goods sold of traded goods 128.42 5.43 331.16
  d.  Employees cost 215.02 206.97 834.06
  e.  Depreciation 25.10 24.66 110.27
  f.  Other expenditure:      
  - Power & Fuel 254.96 227.09 926.09
  - Freight & Delivery chgs 257.59 203.42 861.51
  - Selling expenses 22.87 19.43 62.69
  - Others 123.27 139.41 621.22
  g.   Total 1,607.91 1,534.56 6,449.80
3. Profit from Operations before other income, interest and exceptional items (1-2) 130.51 206.82 647.00
4. Other Income 3.30 4.17 63.19
5. Profit before Interest and Exceptional Items (3+4) 133.81 210.99 710.19
6. Interest 103.67 102.69 416.19
7. Profit after Interest but before Exceptional Items (5-6) 30.14 108.31 294.00
8. Exceptional Items - - -
9. Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) 30.14 108.31 294.00
10. Tax expense:      
  - Current Tax 5.15 9.10 34.20
  - Deferred Tax 4.19 (0.57) 99.57
  - Fringe Benefit Tax - 1.50 11.00
11. Net Profit (+)/Loss(-) from Ordinary Activities after tax (9-10) 20.80 98.28 149.23
12. Extraordinary Item (net of tax expense Rs....) - - -
13. Net Profit (+)/Loss(-) for the period (11-12) 20.80 98.28 149.23
14. Paid-up equity share capital (Face value of Rs.10/-) 1,832.74 1,832.74 1,832.74
15. Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year 381.30 438.20 360.50
16. Earnings 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 annualized) 0.11 0.54 0.81
  (b) Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualized)  0.11 0.54 0.81
17. Public shareholding      
  - Number of shares 12384874 13131600 12401163
  - Percentage of shareholding  67.58 71.65 67.66
18 Promoters and promoter group Shareholding      
  a)Pledged/Encumbered      
  - Number of shares - - -
  - Percentage of shares (as a % of the      
  total shareholding of promoter and      
  promoter group) - - -
  - Percentage of shares (as a % of the      
  total share capital of the company) - - -
  b)Non-encumbered      
  - Number of shares 5942526 5195800 5926237
  - Percentage of shares (as a % of the      
  total shareholding of promoter and      
  promoter group) 100 100 100
  - Percentage of shares (as a % of the      
  total share capital of the company) 32.42 28.35 32.34

 

NOTES:-

1) Lower net profit for the period as in Item No.11 is due to higher cost of production and recessionary conditions prevailing in the market.

2) Information on investor complaints for the quarter ended 30th June, 2009 (in nos.)

 

Opening Balance of Complaints

Received during
the Quarter

Disposed off during
The Quarter

Closing
Balance

NIL

NIL

NIL

NIL

 

3) The above results were subjected to a "Limited Review" by the auditors of the Company, reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 21st July, 2009.

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

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

 

Place : Kolkata
Date : 21st July, 2009		 For MANGALAM TIMBER PRODUCTS LIMITED
MANAGING DIRECTOR
SARVADAMAN RAY