Jai Corp Limited
STATEMENT OF UNAUDITED RESULTS
FOR THE QUARTER ENDED 30TH JUNE, 2012 |
| |
| (Rs.
In Lacs, Except Per Share Date) |
| PART I |
| |
Particulars |
Quarter Ended |
Year Ended |
| |
30.06.2012 |
31.03.2012 |
30.06.2011 |
31.03.2012 |
| |
Unaudited |
Unaudited |
Unaudited |
Audited |
| |
| 1 | Income from Operations | | | | |
| |
a) Net Sales/Income from Operations (Net of Excise Duty) | 16,474 | 18,126 | 13,472 | 61,709 |
| |
b) Other Operating Income | 14 | 27 | 11 | 82 |
| | Total income from operations (net) | 16,488 | 18,153 | 13,483 | 61,791 |
| 2 | Expenses | | | | |
| |
a) Cost of materials consumed | 10,600 | 10,294 | 9,173 | 39,206 |
| |
b) Purchase of stock-in-trade | 1 | 1,681 | 1 | 2,506 |
| |
c) Changes in inventories of finished goods,work-in-progress and stock-in-trade | 63 | 727 | (342) | 234 |
| |
d) Employee benefits expenses | 1,332 | 1,322 | 1,132 | 5,032 |
| |
e) Depreciation and amortisation expenses | 432 | 441 | 431 | 1,730 |
| |
f) Other expenses | 2,467 | 3,121 | 1,697 | 9,206 |
| | Total expenses | 14,895 | 17,586 | 12,092 | 57,914 |
| 3 | Profit from operations before other income, finance costs and exceptional items (1-2) | 1,593 | 567 | 1,391 | 3,877 |
| 4 | Other income | 1,749 | 1,157 | 2,307 | 10,157 |
| 5 | Profit from ordinary activities before finance costs and exceptional items (3+4) | 3,342 | 1,724 | 3,698 | 14,034 |
| 6 | Finance costs | 32 | 19 | 19 | 75 |
| 7 | Profit from ordinary activities after finance costs but before exceptional items (5-6) | 3,310 | 1,705 | 3,679 | 13,959 |
| 8 | Exceptional Items | - | - | - | - |
| 9 | Profit from ordinary activities before tax (7-8) | 3,310 | 1,705 | 3,679 | 13,959 |
| 10 | Tax expense | | | | |
| | Current Tax | 932 | 606 | 990 | 3,855 |
| | Deferred Tax | 11 | 84 | 23 | 211 |
| | Total | 943 | 690 | 1,013 | 4,066 |
| 11 | Net Profit from ordinary activities after tax (9-10) | 2,367 | 1,015 | 2,666 | 9,893 |
| 12 | Extraordinary items | - | - | - | - |
| 13 | Net Profit for the period (11-12) | 2,367 | 1,015 | 2,666 | 9,893 |
| 14 |
Paid-up Equity Share Capital face value of Re.1/- each | 1,785 | 1,785 | 1,785 | 1,785 |
| 15 | Reserve excluding Revaluation Reserves as per balance sheet | - | - | - | 219,123 |
| 16 | Earning per Share (in Rs.) (Face value of Re.1/- each) (Basic & Diluted) (*Not annualised) |
1.33* |
0.57* |
1.49* | 5.54 |
| |
| See accompanying notes to the financial results |
| |
| PART II |
| |
Particulars |
QUARTER ENDED |
YEAR ENDED |
| |
30.06.2012 |
31.03.2012 |
30.06.2011 |
31.03.2012 |
| A | PARTICULARS OF SHAREHOLDING | | | | |
| | Public shareholding | | | | |
| | Number of shares | 48,211,610 | 48,211,610 | 48,211,610 | 48,211,610 |
| | Percentage of shareholding | 27.01% | 27.01% | 27.01% | 27.01% |
| | Promoters and Promoter Group Shareholding | | | | |
| |
a) Pledged/Encumbered | | | | |
| | Number of shares | - | - | - | - |
| | Percentage of shares (as a % of total shareholding of promoters and promoter group) | - | - | - | - |
| | Percentage of shares (as a % of total share capital of the company) | - | - | - | - |
| |
b) Non-Encumbered | | | | |
| | Number of shares | 130,282,400 | 130,282,400 | 130,282,400 | 130,282,400 |
| | Percentage of shares (as a % of total shareholding of promoters and promoter group) | 100% | 100% | 100% | 100% |
| | Percentage of shares (as a % of total share capital of the company) | 72.99% | 72.99% | 72.99% | 72.99% |
| | Particulars | QUARTER ENDED | | | |
| | | 30.06.2012 | | | |
| B | INVESTOR COMPLAINTS | | | | |
| | Pending at the beginning of the quarter | 1 | | | |
| | Received during the quarter | 39 | | | |
| | Disposed off during the quarter | 36 | | | |
| | Remaining unresolved at the end of the quarter | 4 | | | |
Notes to the financial results:-
- The above results were reviewed by the Audit Committee, taken on record by the Board at its meeting held on 8th August, 2012 and approved the same for its release.
- The Financial Results are in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25 "Interim Financial Reporting" as notified in the Companies (Accounting Standards) Rules, 2006.
- 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.
- Figures in respect of the previous periods / year have been reworked / regrouped / re-arranged, wherever necessary, to make them comparable.
Date :- 08th August, 2012
Place:- Mumbai |
For and on
Behalf of the Board
Gaurav Jain
Managing Director |
Jai Corp Limited
UNAUDITED SEGMENTWISE REVENUE, RESULTS AND CAPITAL FOR THE
QUARTER ENDED 30TH JUNE, 2012 |
| |
| (Rs. in Lacs) |
| |
DESCRIPTION |
Quarter Ended |
Year Ended |
| |
30.06.2012 |
31.03.2012 |
30.06.2011 |
31.03.2012 |
| |
Unaudited |
Unaudited |
Unaudited |
Audited |
| |
| 1 | SEGMENT REVENUE | |
|
|
|
| | Steel |
853 |
2,399 |
573 |
5,181 |
| | Plastic Processing |
14,518 |
14,397 |
11,397 |
50,365 |
| | Spinning |
2,294 |
2,387 |
2,258 |
9,883 |
| |
Total Segment Revenue |
17,665 |
19,183 |
14,228 |
65,429 |
| | Less: Inter Segment Revenue |
11 |
10 |
6 |
47 |
| | Less: Excise duty recovered |
1,166 |
1,020 |
739 |
3,591 |
| |
Total Revenue |
16,488 |
18,153 |
13,483 |
61,791 |
| | | | | |
|
| 2 | SEGMENT RESULTS | |
|
|
|
| | Steel |
37 |
27 |
10 |
119 |
| | Plastic Processing |
1,980 |
1,224 |
1,507 |
5,739 |
| | Spinning |
125 |
(21) |
209 |
118 |
| | Total Segment Results |
2,142 |
1,230 |
1,726 |
5,976 |
| | Less: Finance Cost |
32 |
19 |
19 |
75 |
| | Add:- Other unallocable income net of |
1,200 |
494 |
1,972 |
8,058 |
| | unallocable expenditure |
|
|
|
|
| |
Total Profit before tax |
3,310 |
1,705 |
3,679 |
13,959 |
| | | | | |
|
| 3 | CAPITAL EMPLOYED | |
|
|
|
| | Steel |
1,263 |
930 |
652 |
930 |
| | Plastic Processing |
28,894 |
28,900 |
26,344 |
28,900 |
| | Spinning |
5,352 |
5,707 |
5,815 |
5,707 |
| | Total Segment Capital Employed |
35,509 |
35,537 |
32,811 |
35,537 |
| | Add: Unallocable Corporate Assets less |
187,866 |
185,471 |
243,239 |
185,471 |
| | corporate Liabilities |
|
|
|
|
| |
Total Capital Employed |
223,375 |
221,008 |
276,050 |
221,008 |
Notes to Segment Information:-
1. As per Accounting Standard (AS)-17 on "Segment Reporting", as notified in Companies (Accounting Standards) Rules, 2006, the Company has reported "Segment Information" , as described below:-
a. The Steel Segment includes production, processing and trading of CR Coils/Sheets, GP/GC Coils/Sheets and HR Coils / Plates.
b. The Plastic Processing Segment includes production of Woven Sacks/Fabric, Jumbo Bags, HDPE Twine, Master Batch, Staple Fibres and Geotextiles.
c. The Spinning Segment includes production of Spun Yarn.
d. Capital Employed on other Investments/Assets and Income from the same are considered under "Un-allocable".
e. Figures in respect of the previous periods/ year have been reworked / regrouped / re-arranged wherever necessary to make them comparable.
Date :- 08th August, 2012
Place:- Mumbai |
For and on
Behalf of the Board
Gaurav Jain
Managing Director |
|
