UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED
30TH SEPTEMBER, 2003
(RS. IN LACS)
PARTICULARS
For the quarter ended 30.09.2003 (Provisional)
For the quarter ended 30.09.2002
(Provisional)
For the Half year ended 30.09.2003 (Provisional)
For the Half year ended 30.09.2002
(Provisional)
For the year ended 31.03.2003 (Audited)
SALES
4970.36
4436.13
9990.05
8908.15
17828.63
Others Income
11.04
17.41
20.65
33.50
86.00
TOTAL INCOME
4981.40
4453.54
10010.70
8941.65
17914.63
Total Expenditure
4478.78
4035.66
9009.56
8124.90
16232.57
Decrease in Stock in trade
-299.78
-14.67
-274.28
65.21
-734.49
Consumption of material
4081.30
3414.74
7918.81
6879.29
14321.04
Staff Cost
153.07
125.77
303.45
277.70
596.86
Other expenditure
544.19
509.82
1061.58
902.70
2049.16
Interest
147.47
101.71
284.38
195.99
444.10
Depreciation
23.54
20.20
46.01
38.76
78.54
PROFIT BEFORE TAX
331.61
295.97
670.75
582.00
1159.42
Provision for Tax
24.87
22.20
50.31
46.70
84.36
Provision for Deferred Tax
2.38
2.50
11.95
26.18
55.84
Income Tax for the previous year    
0.00
   
Net Profit
304.36
271.27
608.49
509.12
1019.22
Paid up Equity Share Capital
439.50
439.50
439.50
439.50
439.50
Reserves excluding
6.93
6.17
13.85
11.58
4316.16
Revaluation Reserves EPS-Rs        
23.19
AGGREGATE OF NON-PROMOTERS SHAREHOLDING NUMBER OF SHARES
2939443
2785010
   
2884510
% OF SHARE HOLDING
66.88%
63.37%
    
65.63%
NOTES:
1. During the quarter under review, the turnover and the net profit of the company has increased by 12% as compared to the corresponding quarter of the previous year.

2. The company has received 2 (two) complaints during the quarter under review which were duly redressed to the satisfaction of the shareholders and as such, there were no pending complains as on 30th September, 2003.

3. The Company is exclusively in the Pharmaceutical business segment. 4 The above financial results were taken on record by the Board at its meeting held on 23rd October, 2003.
 
By Order of the Board
For Ind-Swift Limited
 
Dated: 23.10.2003
 
(Sanjeev Rai Mehta)
Place: Chandigarh
 
Managing Director