[Email id of designated official for the purpose of grievance redressal]
IND-SWIFT Ltd |
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Regd. Office: 781, Industrial Area, Phase-II, Chandigarh |
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UN-AUDITED FINANCIAL RESULTSFOR THE QUARTER/YEAR ENDED 31st MARCH 2011 |
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(Rs. In lacs.) |
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PARTICULARS |
UNAUDITED Quarter 31.03.2011 |
UNAUDITED Quarter 31.03.2010 |
UNAUDITED Year End 31.03.2011 |
AUDITED Year End 31.03.2010 |
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Income from operations | 23619.88 | 19985.98 | 87561.19 | 68144.64 | |
Expenditure | |||||
Inc.(-)/Dec.(+)Iin stock & W.I.P. | -2011.03 | -2345 | -11009.79 | -8160.58 | |
Consumption of Raw material | 19548.92 | 18027.04 | 77512.26 | 60132.14 | |
Employees Cost | 714.67 | 621.35 | 2521.92 | 2223.59 | |
Depriciation/ Amortisation | 395.52 | 380 | 1551.88 | 1214.98 | |
Other Expenditure | 2148.16 | 1366.69 | 7389.1 | 5795.22 | |
Total Expenditure | 20796.24 | 18050.08 | 77965.37 | 61205.35 | |
Profit from Operations | 2823.64 | 1935.9 | 9595.82 | 6939.29 | |
Other Income | 337.25 | 248.8 | 622.98 | 798.7 | |
Profit before Interest | 3160.89 | 2184.7 | 10218.8 | 7737.99 | |
Interest | 1906.11 | 1089.15 | 5797.36 | 3905.8 | |
Profit before tax | 1254.78 | 1095.55 | 4421.44 | 3832.19 | |
Provision for tax | 250.07 | 186.19 | 881.19 | 651.28 | |
MAT credit entitlement | -250.07 | -186.19 | -881.19 | -651.28 | |
Provision for deffrered tax | 100 | 0 | 200 | 173.77 | |
Add Income tax previous year adjusted | 0 | 0 | 0 | 13.08 | |
Net Profit | 1154.78 | 1095.55 | 4221.44 | 3671.5 | |
Equity Share Capital | 843.57 | 743.57 | 843.57 | 743.57 | |
Reserves excluding revaluation reserves | 24567.37 | ||||
Earning Per Share :Basic | 2.95 | 2.95 | 10.82 | 9.88 | |
Diluted | 2.75 | 2.91 | 10.52 | 9.7 | |
Public Shareholding | |||||
No. of Shares | 23790064 | 22790064 | 23790064 | 22790064 | |
% of shareholding | 56.4 | 61.3 | 56.4 | 61.3 | |
Promoters & Promoters group Shareholding | |||||
a) Pledged/ encumberered | |||||
- No. of Shares | nil | nil | nil | nil | |
-% of shares (as a % of the total shareholding of | |||||
promoter & promoter group | nil | nil | nil | nil | |
- % of shares( as a % of the total share capital of the | |||||
company | nil | nil | nil | nil | |
b) Non- Encumbered | |||||
- No. of Shares | 18388306 | 14388306 | 18388306 | 14388306 | |
-% of shares (as a % of the total shareholding of | |||||
promoter & promoter group | 100 | 100 | 100 | 100 | |
- % of shares( as a % of the total share capital of the | |||||
company | 43.6 | 38.7 | 43.6 | 38.7 | |
Notes:- | |||||
1. During the quarter under review, the Board of Directors has allotted 30,44,000 Equity Shares upon conversion of equal number of Zero coupon convertible Warrants( 20,44,000 shares of Rs.2/-each at the premium of Rs.23 per share (series 2009) to promoters group and 10,00,000 shares of Rs. 2/- each at a premium of Rs.38 per share(series 2010) to other bodies corporate). These funds were utilized for further expansion and augment long term working capital resources. | |||||
2. During the quarter under review, the total turnover of the company has increased by 18.18% and the PBIT has increased by 44.69% as compared to corrosponding quarter during previous year. | |||||
3. The company is exclusively in the pharmaceutical segment. | |||||
4. Information on the Investors Complaints for the quarter: Opening-Nil, Received- 7, Resolved-7, Pending-Nil | |||||
5. Previous year figures have been re-grouped/re-arranged wherever necessary | |||||
6. The aforesaid results have been taken on record by the Audit Committee and Board of Directors of the company at their respective meetings held on 12th May 2011 | |||||
For Ind Swift Ltd. | |||||
Date: 12/05/2011 | (S.R.Mehta) | ||||
Place: Chandigarh | Chairman |