| 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 31ST DECEMBER, 2004 | |||||||||||||
| Quarter ended | Half Year ended | Year ended | |||||||||||
| PARTICULARS | 31.12.2004 | 31.12.2003 | 31.12.2004 | 31.12.2003 | 30.06.2004 | ||||||||
| (unaudited) | (unaudited) | (unaudited) | (unaudited) | (Audited) | |||||||||
| Production - Quantity in Lac Tonnes | |||||||||||||
| - Clinker | 2.94 | 3.20 | 5.64 | 5.20 | 11.69 | ||||||||
| - Cement | 3.91 | 3.05 | 7.60 | 6.03 | 16.28 | ||||||||
| Sales - Quantity in Lac Tonnes | |||||||||||||
| - Clinker | 0.02 | 0.00 | 0.33 | 0.00 | 0.41 | ||||||||
| - Cement | 3.86 | 3.07 | 7.58 | 6.06 | 16.22 | ||||||||
| (Rs. in lacs) | |||||||||||||
| Sales / Income from Operations | 11349 | 8282 | 22733 | 16955 | 47121 | ||||||||
| Less:Excise Duty | 1480 | 1226 | 2983 | 2255 | 6418 | ||||||||
| ------------- | --------------- | ------------- | --------------- | --------------- | |||||||||
| Net Sales | 9869 | 7056 | 19750 | 14700 | 40703 | ||||||||
| Other Income | 185 | 93 | 401 | 211 | 504 | ||||||||
| --------------- | --------------- | --------------- | |||||||||||
| 6126 | 13800 | 40089 | |||||||||||
| Total Expenditure | |||||||||||||
| a) (Increase) / Decrease in Stock-in-trade | (296) | (930) | (156) | (900) | (614) | ||||||||
| b) Consumption of Raw Materials | 549 | 426 | 1047 | 799 | 2488 | ||||||||
| c) Staff Cost | 440 | 417 | 897 | 810 | 1767 | ||||||||
| d) Power & Fuel | 2287 | 2114 | 4488 | 3808 | 8681 | ||||||||
| e) Freight & Forwarding | |||||||||||||
| -On sales | 1333 | 943 | 2527 | 1802 | 5074 | ||||||||
| -On inter-unit clinker transfer | 1000 | 737 | 1808 | 1588 | 4060 | ||||||||
| f) Other Expenditure | 2671 | 1761 | 5376 | 4034 | 8983 | ||||||||
| ------------- | --------------- | ------------- | --------------- | --------------- | |||||||||
| Total | 7984 | 5468 | 15987 | 11941 | 30439 | ||||||||
| Operating Profit | 2070 | 1681 | 4164 | 2970 | 10768 | ||||||||
| Interest | 201 | 313 | 397 | 598 | 1063 | ||||||||
| Depreciation | 808 | 702 | 1614 | 1402 | 2825 | ||||||||
| Profit before Exceptional Item and Taxation | 1061 | 666 | 2153 | 970 | 6880 | ||||||||
| Exceptional Item-Depreciation | - | - | - | - | 187 | ||||||||
| Profit after Exceptional Item but before Tax | 1061 | 666 | 2153 | 970 | 6693 | ||||||||
| Provision for Taxation (Refer Note No. 1) | |||||||||||||
| - Current Tax | - | - | - | - | - | ||||||||
| - Deferred Tax | 355 | 216 | 625 | 246 | 2186 | ||||||||
| Net Profit | 706 | 450 | 1528 | 724 | 4507 | ||||||||
| Paid-up Equity Share Capital | 19330 | 19330 | 19330 | 19330 | 19330 | ||||||||
| (Face value Rs.10/- each) | |||||||||||||
| Reserves excluding Revaluation Reserve | - | - | - | - | 1675 | ||||||||
| Earning per share (EPS - in Rs.) | |||||||||||||
| Basic & Diluted | 0.37 | 0.23 | 0.79 | 0.38 | 2.34 | ||||||||
| (EPS for quarter/half year not annualised) | |||||||||||||
| Aggregate of non-promoter shareholding | |||||||||||||
| - Number of shares (in lacs) | 113.94 | 113.94 | 113.94 | ||||||||||
| - Percentage of shareholding | 5.92% | 5.92% | 5.92% | ||||||||||
| 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) | The Provisions for deferred tax has been made net of deferred tax assets. | ||||||||||||
| 2. | The Company has only one business segment "Cement ". | ||||||||||||
| 3. | Provision for restoration cost of mining area,as required by Accounting Standard AS-29, "Provisions, Contingent Liabilities and Contingent Assets" issued by the Institute of Chartered Accountants of India, will be ascertained and accounted at year end,whi | ||||||||||||
| 4. | During the quarter, 179 investor complaints were received, all of which were disposed off by the Company. No complaints were pending either at the beginning or at the end of the quarter. | ||||||||||||
| 5. | Figures in respect of previous periods have been regrouped / restated wherever necessary. | ||||||||||||
| 6. | The above results have been approved and taken on record by the Board of Directors of the Company at the meeting held on 14th January, 2005. | ||||||||||||
| 7. | Limited review of the results for the quarter/half year ended 31st December, 2004 has been completed by the Statutory Auditors. | ||||||||||||
| By Order of the Board | |||||||||||||
| Mumbai | Harshavardhan Neotia | ||||||||||||
| 14th January, 2005 | Managing Director | ||||||||||||