Quarterly Results
Jai Corp Ltd. Quarterly Results, as on June 30,2007
Rs. in Lakhs
S.No Particulars 3 Months ended
Jun30,2007
Corresponding 3 months in the previous year
Jun30,2006
Year to date figures for current period
Jun30,2007
Year to date figures for previous year
Jun30,2006
Previous accounting year
Mar31,2007
  Result Type Unaudited Unaudited Unaudited Unaudited Unaudited
1 Net Sales/Income from operations 5120 8226 5120 8226 26338
2 Other income 3627 151 3627 151 7922
3 Total expenditure 4973 8640 4973 8640 24929
4 Interest 145 76 145 76 506
5 Depreciation 277 223 277 223 996
6 Profit before tax 3352 -562 3352 -562 7829
7 Provision for tax -52 51 -52 51 645
8 Net profit 3404 -613 3404 -613 7184
9 Paid-up equity share capital 863 863 863 863 863
10 Reserves excluding revaluation reserves         33021
11 Earnings per share basic(Rs.) 39.46 -7.11 39.46 -7.11 83.27
12 Earnings per share diluted(Rs.) 39.46 -7.11 39.46 -7.11 83.27
13 Notes
1.The above results were taken on record by the Board at its meeting held on 31st July, 2007 and approved the same for release.

2.The financial results are in accordance with the Standard Accounting Practices followed by the Company in preparation of its statutory accounts.

3.The Statutory Auditors of the Company have carried out a limited review of the above results in terms of clause 41 of the listing agreement.

4.Other income for the quarter ended 30th June, 2007, includes profit on sale of investments of Rs.3158 lacs.

5.The Company has successfully commissioned its plant at Daman (U.T.) for manufacturing of Leno Fabrics, Woven Sacks & Master Batch. The construction activities of Fibre Dying Unit at Sarigam, Gujarat is progressing as per schedule.

6.Figures for the corresponding period of the previous year/ quarter have been reworked/ regrouped/rearranged wherever necessary to be in line with the current period.

7.During the quarter, 194 investor complaints were received and resolved. There were no investor complaints/ requests pending at the commencement and at end of the quarter.