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AUDITED FINANCIAL RESULTS FOR THE QUARTER/ PERIOD ENDED MARCH'2013
(Rs. In lacs.)
PARTICULARS AUDITED UNAUDITED UNAUDITED AUDITED AUDITED
  Quarter Quarter Quarter Period end Period end
  31.03.13 31.12.12 31.03.12 31.03.13 30.06.12
        (9 Months) (15 Months)
INCOME FROM OPERATIONS 13154.55 9801.54 42583.86 39312.23 159046.56
TOTAL INCOME FROM OPERATIONS 13154.55 9801.54 42583.86 39312.23 159046.56
           
EXPENDITURE          
COST OF MATERIALS CONSUMED 10642.52 7103.91 29057.12 28762.65 121257.34
CHANGE IN INVENTORIES F.G./W.I.P -180.22 -606.56 6513.92 22.23 14476.40
EMPLOYEES BENEFIT EXPENSES 1233.67 1388.78 1467.67 4081.51 3948.08
DEPRECIATION/AMORTISATION 416.38 727.49 458.37 1848.21 2324.93
OTHER EXPENDITURE 3346.94 3027.69 2646.00 8685.13 10260.45
TOTAL EXPENDITURE 15459.29 11641.31 40143.08 43399.73 152267.20
           
PROFIT FROM OPERATIONS -2304.74 -1839.77 2440.78 -4087.50 6779.36
           
OTHER INCOME 57.31 353.77 970.13 634.38 2932.28
           
PROFIT BERORE FINANCE COST -2247.43 -1486.00 3410.91 -3453.12 9711.64
           
FINANCE COST 2616.42 3011.39 2696.57 8641.10 12096.70
           
PROFIT BEFORE TAX -4863.85 -4497.39 714.34 -12094.22 -2385.06
           
PROVISION FOR TAX 0.00 0.00 142.93 0.00 0.00
           
MAT CREDIT ENTITLEMENT 0.00 0.00 (142.93) 0.00 0.00
           
PROVISION FOR DEFFERED TAX (965.43) 0.00 300.00 (965.43) (283.54)
           
ADD INCOME TAX PREV. YEAR ADJ. 0.00 0.00 0.00 0.00 0.00
           
NET PROFIT -3898.42 -4497.39 414.34 -11128.79 -2101.52
           
PAID UP EQUITY SHARE CAPITA Rs. 2/- 923.57 923.57 923.57 923.57 923.57
RESERVE EXCLUDING REVALUATION RESERVES       18657.40 29464.34
EARNING PER SHARE RS. 2/- EACH          
BASIC -8.44 -9.74 0.97 -24.10 -4.84
DILUTED  -8.44 -9.74 0.84 -24.10 -4.27
A) PARTICULARS OF SHAREHOLDING          
Public Shareholding          
No. of Shares 24074249 23790064 23790064 24074249 23790064
% of shareholding 52.13 51.52 51.52 52.13 51.52
Promoters & Promoters group Shareholding           
a) Pledged/ encumberered          
     - No. of Shares nil nil nil nil nil
     -% of shares (as a % of the total shareholding of           
      promoter & promoter group nil nil nil nil nil
  - % of shares( as a % of the total share capital of           
    the company nil nil nil nil nil
b) Non- Encumbered          
     - No. of Shares 22104121 22388306 22388306 22104121 22388306
     -% of shares (as a % of the total shareholding of  100 100 100 100 100
      promoter & promoter group          
 % of shares(as a % of the total share capital of Co. 47.87 48.48 48.48 47.87 48.48
Particulars Qtr ended 
B) INVESTOR COMPLAINTS 31.03.2013
Pending at the beginning of the Quarter NIL
Received during the quarter 3
Disposed of during the quarter 3
Remaining unresolved at the end of the quarter NIL
Notes:-
1. The company has suffered losses during the period due to lower sales,high operational fixed costs and high finance costs.  
2. The company has signed the Master Restructuring Agreement(MRA) with lenders under Corporate Restructucturing Scheme
  (CDR). The package envisages re-structuring of existing outstanding Term Loans and Working Capital facilities(excluding ECB/ 
   FCTL Loans) , repayment morotorium , revision in rate of Inteerst etc. 
3. As the revenue from the dairy segment is less than 10% of total Income, Hence separete segment reporting has not been given.
4. Previous year figures have been re-grouped/ Re- arranged where ever necessary.
5. As the Financial Year 2012-13 of the company consists of period of 9 months from 1-7-2012 to 31-3-2013, hence the yearly figures 
    of current  period are not comparable with corrosponding period of previous year.
6. The above results have been taken into record by the Audit Committee and Board of Directors of the company in their respective meetings held on 28th May2013.
For Ind Swift Ltd
Date: 28-05-2013
Place: Chandigarh Dr. Gopal Munjal
Mg. Director & CEO