AMBUJA CEMENT EASTERN LIMITED
	Regd. Office :  P.O. Rawan, Tehsil - Baloda Bazar, District - Raipur, Pin - 493 331 (Chhattisgarh)
	UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2006
					Quarter ended		Half Year ended		18 Months period ended					Quarter ended
	PARTICULARS				30.06.2006	30.06.2005	30.06.2006	30.06.2005	31.12.2005					31.03.2006	31.03.2005	30.06.2005
					(Unudited)	(Unaudited)	(Unudited)	(Unaudited)	(Audited)					(Unudited)	(Unaudited)	(Unaudited)
	Production - Quantity in Lac Tonnes
	- Clinker				3.06	3.02	6.41	6.25	17.63					3.35	3.23	3.02
	- Cement				5.76	4.88	11.04	9.97	25.71					5.28	5.09	4.88
	Sales - Quantity in Lac Tonnes
	- Clinker				-	-	-	-	0.33					-	-	-
	- Cement				5.47	4.87	10.83	9.97	25.66					5.36	5.10	4.87
									(Rs. in lacs)
	Sales / Income from Operations				20183	15952	37349	31715	79549					17166	15763	15952
	Less : Excise Duty				2233	1984	4418	4065	10472					2185	2081	1984
					-------------	-------------	-------------	---------------	-------------					-------------	---------------	---------------
	Net Sales				17950	13968	32931	27650	69077					14981	13682	13968
	Other Income				317	483	640	751	1692					323	268	483
								---------------							---------------	---------------
								28369							14153	14216
	Total Expenditure
	a) (Increase) / Decrease in Stock-in-trade				(240)	248	146	719	187					386	471	248
	b) Consumption of Raw Materials				1626	794	2668	1565	4073					1042	771	794
	c) Staff Cost				416	445	956	900	2884					540	455	445
	d) Power & Fuel				2450	2247	4834	4706	13464					2384	2459	2247
	e) Stores and Spares consumed				420	336	790	673	3147					370	337	336
	f) Freight & Forwarding
		-On sales			2395	1809	4299	3542	8986					1904	1733	1809
		-On inter-unit clinker transfer			1188	1253	2254	2422	6287					1066	1169	1253
	g) Other Expenditure				2471	2654	4895	5008	13274					2424	2354	2654
					-------------	-------------	-------------	---------------	-------------					-------------	---------------	---------------
	Total				10726	9786	20842	19535	52302					10116	9749	9786
	Operating Profit				7541	4665	12729	8866	18467					5188	4201	4665
	Interest				39	109	79	240	725					40	131	109
	Depreciation				676	632	1252	1231	4079					576	599	632
	Profit before Taxation				6826	3924	11398	7395	13663					4572	3471	3924
	Provision for Taxation [Refer Note 3]
	- Current Tax				730	243	1186	519	1100					456	276	243
	- Deferred Tax				1633	1607	3150	3096	4954					1517	1489	1607
	- Fringe Benefit Tax				13	20	31	20	59					18		20
	Net Profit before Income Tax for earlier year				4450	2054	7031	3760	7550					2581	1706	2054
	Income Tax for earlier year				-	-	-	236	236					-	236	-
	Net Profit				4450	2054	7031	3524	7314					2581	1470	2054
	Paid-up Equity Share Capital (excluding forfeited shares)								19245
	(Face value Rs.10/- each)
	Reserves excluding Revaluation Reserve								8806
	Earning per share (EPS - in Rs.)
		Basic & Diluted			2.31	1.07	3.65	1.83	3.80					1.34	0.76	1.07
		(EPS for quarter/ half year/ eighteen months not annualised)
	Aggregate of non-promoter shareholding
	-	Number of shares (in lacs)					81.13	58.95	58.95
	-	Percentage of shareholding					4.22%	3.06%	3.06%
	Notes :
	1	The Board of Directors of the Company has at their meeting held on 3rd May, 2006 approved the proposal for amalgamation of the Company with Gujarat Ambuja Cements Limited with effect from 1st January 2006. The share swap ratio is four shares of Rs.2/ each fully paid up in Gujarat Ambuja Cements Limited for every five shares of Rs.10/ each fully paid up held in the Company. The Company is in the process of obtaining the necessary approvals.
	2	In line with the accounting policies followed by the ultimate Holding Company, the valuation of inventories has been changed from First In First Out (FIFO) to Weighted Average basis. The impact of this change on the results for the current and previous period is not significant. Accordingly, previous period figures are not restated.
	3	The Company has estimated the provision for taxation by considering sales tax remission as a capital receipt based on favourable decision by Income Tax Appellate Tribunal (ITAT) during the quarter. Accordingly, provision for current tax is on the basis of book profits as determined under Section 115JB of the Income Tax Act, 1961.
	4	The last accounting year of the company was extended by six months to end on 31st December, 2005. In view of the above, information pertaining to the half year ended 30th June, 2005 has been provided by aggregating the reviewed figures for the quarter ended 31st March, 2005 and 30th June, 2005, to facilitate comparison.
	5	At the beginning of the quarter ended 30th June, 2006, 54 investor complaints were pending. During the quarter ended 30th June, 2006, 448 investor complaints were received. 482 complaints were disposed off by the end of the quarter. 20 complaints which were pending as on 30th June, 2006 have since been disposed off.
	6	The Company has only one business segment "Cement".
	7	Figures in respect of previous periods have been regrouped / restated wherever necessary.
	8	The above results have been approved and taken on record by the Board of Directors of the Company at the meeting held on 19th July, 2006.
									By Order of the Board
	Mumbai								S. N. Toshniwal
	19th July, 2006								President (Commercial) & Manager