IndSwift

(Rs. In Lakhs)

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30^th JUNE, 2005
	PARTICULARS	For the Quarter Ended on 30.06.2005	For the Quarter Ended on 30.06.2004	For the Year Ended 31.03.2005
		UNAUDITED	UNAUDITED	UNAUDITED
1	INCOME FROM OPERATIONS	6938.16	5802.02	24662.24
2	OTHER INCOME	10.74	11.99	1159.21
	TOTAL INCOME	6948.90	5814.01	25821.45
3	TOTAL EXPENDITURE	6154.92	5204.97	21792.86
	- DECREASE IN STOCK IN TRADE	263.75	291.68	1094.47
	- CONSUMPTION OF RAW MATERIAL	4987.44	4080.13	17359.44
	- STAFF COST	226.17	184.38	725.89
	- OTHER EXPENSES	677.56	648.78	2613.06
4	INTEREST	196.82	154.03	682.68
5	DEPRECIATION	31.52	24.62	112.92
6	PROFIT BEFORE TAX	565.64	430.39	3232.99
7	- PROVISION FOR TAX	42.41	32.28	163.97
	- PROVISION FOR DEFERRED TAX	2.50	1.04	257.00
8	NET PROFIT	520.73	397.07	2812.02
9	PAID UP EQUITY SHARE CAPITAL (FACE VALUE OF RS 2/- PER SHARE)*	*727.57	502.5	727.57
10	RESERVES EXCLUDING REVALUATION RESERVES
11	EPS - Rs. NOT ANNUALISED (PAR VALUE RS 2/-PER SHARE)*	*1.43	7.90	45.98
12	AGGREGATE OF NON-PROMOTERS SHAREHOLDING
	NUMBER OF SHARES	23791475	3339443	4758295
	% OF SHARE HOLDING	65.40	66.46	65.40

NOTES:

1. During the Quarter ended on 30.06.2005 the net profit of the company rose by 31.14% and sales rose by 19.58% as compared to corresponding period of previous year.

2. The Company’s expansion plans involving setting up of new finished dosage facility in Jammu, a new 100% Export Oriented Unit at Lalru (Punjab) and a new facility at Baddi for the Domestic Market is at advance stage ,of completion and is expected to be operational in next 2-3 months.

3. The company had received ¬¬¬5 complaints during the quarter under review which were duly redressed to the satisfaction of the shareholders during the same quarter and as such, there were no pending complains as on 30th June 2005.

4. The company is exclusively in the pharmaceutical business segment.

5. The above financial results were taken on record by the Board in its meeting held on
30th July 2005.

On behalf of the Board

Sd/-

Dated: 30.07.2005

(Gopal Munjal)

Place: Chandigarh

Chairman

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