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 3OTH SEPTEMBER, 2004
  Quarter ended Year ended
PARTICULARS 30.09.2004 30.09.2003 30.06.2004
  (unaudited) (unaudited) (Audited)
Production - Quantity in Lac Tonnes      
- Clinker 2.70 2.00 11.69
- Cement 3.69 2.98 16.28
       
Sales - Quantity in Lac Tonnes      
- Clinker 0.31 - 0.41
- Cement 3.72 2.99 16.22
             
    (Rs. in lacs)
Sales / Income from Operations 11384 8673 47121
Less:Excise Duty 1503 1029 6418
  ------------- --------------- ---------------
Net Sales 9881 7644 40703
Other Income 216 118 504
       
Total Expenditure      
a) (Increase) / Decrease in Stock-in-trade 140 30 (614)
b) Consumption of Raw Materials 498 373 2488
c) Stores & Spares consumption 703 720 1728
d) Staff Cost 457 393 1767
e) Power & Fuel 2201 1694 8681
f) Freight & Forwarding      
  -On sales 1194 859 5074
  -On inter-unit clinker transfer 808 851 4060
g) Other Expenditure 2002 1553 7255
  ------------- --------------- ---------------
Total 8003 6473 30439
       
Operating Profit 2094 1289 10768
       
Interest 196 285 1063
       
Depreciation 806 700 2825
       
Profit before Exceptional Item and Taxation 1092 304 6880
       
Exceptional Item-Depreciation - - 187
       
Profit after Exceptional Item but before Taxation 1092 304 6693
       
Provision for Taxation (Refer Note No. 1)      
- Current Tax - - -
- Deferred Tax 270 30 2186
       
Net Profit 822 274 4507
       
Paid-up Equity Share Capital 19330 19330 19330
(Face value Rs.10/-)      
       
Reserves excluding Revaluation Reserve     1675
       
Earning per share (EPS - in Rs.)      
  Basic & Diluted 0.43 0.14 2.34
  (EPS for quarter not annualised)      
       
             
Notes:
1. (a) No provision for current taxation has been made in the accounts in view of the carried forward business losses / unabsorbed depreciation in respect of past years.
(b) Provision for deferred tax has been made net of deferred tax assets.
2. There were 4 investor complaints pending as on 1st July, 2004. 272 complaints were received during the quarter. There were no complaints pending as on 30th September, 2004.
3. The Company has only one business segment "Cement ".
4. Figures in respect of previous periods have been regrouped / restated wherever necessary.
5. The above results have been approved and taken on record by the Board of Directors of the Company at their meeting held on 14th October, 2004.
6. The limited review of the financial results for the quarter ended 30th September, 2004 has been completed by the statutory auditors.
By Order of the Board
Place : Mumbai Harshavardhan Neotia
Date : 14.10.2004 Managing Director