45IT Comw.bk.a.26

RNS Number:9337C
SIEL Ld
1 May 2001


Siel Limited
Reqd. Office: 15 Shivaji Marg, New Delhi - 110 015

Unaudited Financial Results (Provisional) for the three months ended 31st March,
2001

                                                                   Rs in million
S.No. Particulars             Three months ended    Six months ended  Year ended
                              31.3.2001 31.3.2000 31.3.2001 31.3.2000 30.09.2000
                                                                         Audited
1.  Net sales/ Income 
    from operations               1,125     1,147     2,284     2,456     4,383
2.  Other income                     13        15        20        22        57
3.  Total expenditure
(a) (Increase)/decrease in 
    stock in trade                 (961)     (866)   (1,333)   (1,237)     (376)
(b) Consumption of raw 
    materials/purchase of         1,343     1,384     2,259     2,546     2,946
    finished goods
(cc) Staff cost                      101        84       183       164       292
(d) Power and fuel                  140        96       277       205       434
(ed) Stores, spares and components   129       107       221       190       306
(fa) Other expenditure               261       268       418       418       341
4    
   (before extraordinary Income)    125        89       279       192       497
5   Interest                        141       135       271       255       524
6    
    (before extraordinary Income)   (16)      (46)        8       (63)      (27)
7   Extraordinary Income              -         -       116         -       110
8   Depreciation                     55        52       110       103       204
9   Profit/(Loss) before tax        (71)      (98)       14      (166)     (121)
10  Provision for taxation            -         -         -         -         -
11  Net Profit/(Loss)               (71)      (98)       14      (166)     (121)
12  Paid-up equity share capital    358       339       358       339       358
    (face value of each share 
     - Rs. 10/-)
13  Reserves excluding revaluation 
    reserve( as per balance sheet) 
    of previous accounting year       -         -         -         -     1,783
14  EPS (Rs)                      (1.98)    (2.89)     0.39     (4.90)    (3.38)
15  Aggregate of Non-Promoter
    Shareholding
     Number of shares                            259,26,688
      Percentage of shareholding                      62.84

Notes:

1 The above results have been taken on record by the Board of Directors in its
  meeting held on 30th April, 2001.

2 The Company manufactures sugar, which is a seasonal industry.

3 The Company has issued 9,16,711, 8.5% redeemable cumulative convertibled
  preference shares of Rs. 100/- each at par.

4 Figures have been regrouped wherever necessary.



Place: New Delhi 
Date:  30.4.2001

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