| STANPACKS (INDIA) LIMITED. | ||||||
| Regd.Office:"S.K.Enclave" No.4, Nowroji Road, Chetpet,Chennai 600031. | ||||||
| UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH SEPTEMBER 2010. | ||||||
| (Rs. in Lakhs) | ||||||
| Sl. | Particulars | Quarter Ended | Half Year ended | Previous Year Ended | ||
| No | 30/09/2010 | 30/09/2009 | 30/09/2010 | 30/09/2009 | 31/03/2010 | |
| Unaudited | Unaudited | Unaudited | Unaudited | Audited | ||
| (a) Net Sales/ Income from Operations | 733.74 | 680.07 | 1,435.53 | 1,473.76 | 2,694.48 | |
| 1 | ||||||
| (b) Other Operating Income | - | - | - | - | - | |
| 2 | Expenditure | |||||
| a. Increase /decrease in stock in trade and work in progress | (118.90) | (53.92) | (161.30) | (5.72) | (131.44) | |
| b. Consumption of raw materials | 589.11 | 502.89 | 1,102.05 | 1,068.24 | 1,956.66 | |
| c. Employees cost | 75.86 | 59.69 | 151.39 | 110.72 | 339.87 | |
| d. Depreciation | 24.69 | 24.81 | 49.23 | 48.87 | 98.54 | |
| e. Other expenditure | 105.54 | 119.62 | 186.25 | 196.67 | 342.39 | |
| f. Total | 676.30 | 653.09 | 1,327.63 | 1,418.78 | 2,606.02 | |
| 3 | Profit from Operations before Other income, interest and Exceptional Items (1-2) | 57.44 | 26.98 | 107.90 | 54.98 | 88.46 |
| Other Income | 1.18 | 2.16 | 3.99 | 5.81 | 7.86 | |
| 4 | ||||||
| Profit before Interest and Exceptional Items (3+4) | 58.62 | 29.14 | 111.89 | 60.79 | 96.32 | |
| 5 | ||||||
| Interest | 50.21 | 49.78 | 98.03 | 92.05 | 185.73 | |
| 6 | ||||||
| 7 | Profit after Interest but before exceptional items (5-6) | 8.41 | -20.64 | 13.86 | -31.26 | -89.41 |
| Exceptional Items | 3.75 | (0.04) | 5.67 | 1.14 | 1.51 | |
| 8 | ||||||
| Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) | 4.67 | (20.60) | 8.19 | (32.40) | (90.92) | |
| 9 | ||||||
| 10 | Tax expense | 0 | -7 | 0 | -11.01 | -27.42 |
| 11 | Net Profit (+)/ Loss (-) from** Ordinary Activities after tax (9-10) | 4.67 | (13.60) | 8.19 | (21.39) | (63.50) |
| 12 | Extraordinary items | 0 | 0 | 0 | 0 | 0 |
| Net Profit (+)/ Loss (-) for the period (11-12) | 4.67 | (13.60) | 8.19 | (21.39) | (63.50) | |
| 13 | ||||||
| 14 | Paid – Up equity share capital (Face value of the share Rs.10 each) | 609.60 | 609.60 | 609.60 | 609.60 | 609.60 |
| 15 | Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year | 0 | 0 | 0 | 0 | 0 |
| Earnings Per Share a) Basic and diluted EPS before Extraordinary items for the period for the year to date and for the previous year (not to be annualised) | 0.01 | (0.02) | 0.01 | (0.01) | (0.10) | |
| 16 | ||||||
| b) Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) | 0.01 | (0.02) | 0.01 | (0.01) | (0.10) | |
| Public shareholding - Number of shares | 3,634,987 | 3,635,787 | 3,634,987 | 3,635,787 | 3,635,787 | |
| 17 | ||||||
| - Percentage of shareholding | 59.63% | 59.64% | 59.63% | 59.64% | 59.64% | |
| 18 | Promoters and promoter group Shareholding | |||||
| a) Pledged/Encumbered - Number of shares | 0 | 0 | 0 | 0 | 0 | |
| - Percentage of shares (as a % of the total shareholding of promoter and promoter group) | 0 | 0 | 0 | 0 | 0 | |
| - Percentage of shares (as a% of the total share capital of the company) | 100% | 100% | 100% | 100% | 100% | |
| b) Non-encumbered - Number of Shares | 2,461,013 | 2,460,213 | 2,461,013 | 2,460,213 | 2,460,213 | |
| - Percentage of shares (as a% of the total shareholding of promoter and promoter group) | 0 | 0 | 0 | 0 | 0 | |
| - Percentage of shares (as a % of the total share capital of the company) | 40.37% | 40.36% | 40.37% | 40.36% | 40.36% | |
| ** After adjusting prior period items | ||||||
| Notes : | ||||||
| 1 | The above financial results have been recommended by the Audit Committee and taken on record by the Board of Directors at their respective meeting held on 28th October 2010. | |||||
| 2 | The Statutory Auditors of the Company have given their Limited Review for the above Financial Results. | |||||
| 3 | The Company being engaged in manufacture of packing materials has single segment in terms of Accounting standard (AS) 17 “Segment Reporting”. | |||||
| 4 | Previous year’s figures have been rearranged/regrouped wherever necessary. | |||||
| 5 | No investors’ complaint was pending either at the beginning or at the end of the Quarter. Further no investor’s complaint has been received during the Quarter. | |||||
| 6 | Current tax and Deferred tax adjustment to be done at the end of the year. | |||||
| for and on behalf of the Board | ||||||
| Place : Chennai | G.RADHAKRISHNA | |||||
| Date : 28.10.2010 | MANAGING DIRECTOR | |||||