Quaterly Results (SEP'2013)

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Board Meeting
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Investors-2
Mail to: companysec@indswift.com
[Email id of designated official for the purpose of grievance redressal]

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/ HALF YEAR ENDED SEPTEMBER'2013
(Rs. In lacs.)
PARTICULARS	UNAUDITED Quarter 30.09.13	UNAUDITED Quarter 30.06.13	UNAUDITED Quarter 30.09.12	UNAUDITED HALF YEAR 30.09.13	UNAUDITED HALF YEAR 31.12.12	AUDITED Year End 31.03.13
(9Months)
INCOME FROM OPERATIONS	20742.08	13916.71	16356.14	34658.79	26157.68	39312.23
TOTAL INCOME FROM OPERATIONS	20742.08	13916.71	16356.14	34658.79	26157.68	39312.23
EXPENDITURE
COST OF MATERIALS CONSUMED	10867.46	10475.89	11016.21	21343.35	18120.12	28762.65
CHANGE IN INVENTORIES F.G./W.I.P	7580.69	491.57	809.02	8072.26	202.46	22.23
EMPLOYEES BENEFIT EXPENSES	1093.45	1102.13	1459.06	2195.58	2847.84	4081.51
DEPRECIATION/AMORTISATION	637.88	633.43	704.34	1271.31	1431.83	1848.21
OTHER EXPENDITURE	2537.98	2843.57	2310.50	5381.55	5338.19	8685.13
TOTAL EXPENDITURE	22717.46	15546.59	16299.13	38264.05	27940.44	43399.73
PROFIT FROM OPERATIONS	-1975.38	-1629.88	57.01	-3605.26	-1782.76	-4087.50
OTHER INCOME	225.67	196.73	223.30	422.40	577.07	634.38
PROFIT BERORE FINANCE COST	-1749.71	-1433.15	280.31	-3182.86	-1205.69	-3453.12
FINANCE COST	2389.88	2765.96	3013.29	5155.84	6024.68	8641.10
PROFIT BEFORE TAX	-4139.59	-4199.11	-2732.98	-8338.70	-7230.37	-12094.22
PROVISION FOR TAX	0.00	0.00	0.00	0.00	0.00	0.00
MAT CREDIT ENTITLEMENT	0.00	0.00	0.00	0.00	0.00	0.00
PROVISION FOR DEFFERED TAX	0.00	0.00	0.00	0.00	0.00	(965.43)
NET PROFIT	-4139.59	-4199.11	-2732.98	-8338.70	-7230.37	-11128.79
PAID UP EQUITY SHARE CAPITA Rs. 2/-	923.57	923.57	923.57	923.57	923.57	923.57
RESERVE EXCLUDING REVALUATION RESERVES						18657.40
EARNING PER SHARE RS. 2/- EACH
BASIC & DILUTED	-8.96	-9.09	-5.92	-18.05	-15.66	-24.10
A) PARTICULARS OF SHAREHOLDING
Public Shareholding
No. of Shares	24074249	24074249	23790064	24074249	23790064	24074249
% of shareholding	52.13	52.13	51.52	52.13	51.52	52.13
Promoters & Promoters group Shareholding
a) Pledged/ encumberered
- No. of Shares	22104121	22104121		22104121		22104121
-% of shares (as a % of the total shareholding of	100	100	nil	100	nil	100
promoter & promoter group			nil		nil
- % of shares( as a % of the total share capital of the
company	47.87	47.87	nil	47.87	nil	47.87
b) Non- Encumbered
- No. of Shares	nil	nil	22388306	nil	22388306	nil
-% of shares (as a % of the total shareholding of
promoter & promoter group	nil	nil	100	nil	100	nil
- % of shares( as a % of the total share capital of the
company	nil	nil	48.48	nil	48.48	nil
Particulars	Qtr ended
B) INVESTOR COMPLAINTS	30.09.2013
Pending at the beginning of the Quarter	0
Received during the quarter	2
Disposed of during the quarter	2
Remaining unresolved at the end of the quarter	0
Notes:-
1. As the revenue from the dairy segment is less than 10% of toatal income of the company, hence separete segment reporting has not been given.
2. Previous year figures have been re-grouped/ Re- arranged where ever necessary.
3. 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 11th November 2013.
Place: Chandigarh			By the order of the Board of Directors
Date: 11th November 2013				(S.R.Mehta)
				Chairman