45IT Comw.bk.a.26

RNS Number:8072Q
SIEL Ld
31 January 2002


LETTER TO COMPANY ANNOUNCEMENTS OFFICE - DATED 29 JANUARY 2002

In terms of the clause 41 of the Listing Agreement with the Stock Exchange, we
send herewith the Unaudited Quarterly Financial Results (provisional) of the
Company, for the period ended 31.12.2001.  

These have been taken on record by the Board of Directors in their meeting held 
today. 

These results are being published in the newspapers. 

FROM SIEL LTD 

Unaudited Financial Results (Provisional) for the three months ended 
31st December 2001
                                                                   Rs.in Million 
S.No.  Particulars                             Three months ended     Year ended          
                                            31.12.2001   31.12.2000   30.09.2001 
                                                                         Audited  

 1.    Net sales/ Income from operations         1,177        1,159        4,789               

 2.    Other income                                 10            7           46                  

 3.    Total expenditure                                                                                         
 (a)   (Increase) / decrease in stock in trade    (299)        (372)       (174)               
 (b)   Consumption of raw materials / purchase of  904          916        2,730               
       finished goods                                                                                            
 (c)   Staff cost                                   77           81          338                 
 (d)   Power and fuel                              163          137          593                 
 (e)   Stores, spares and components                91           92          382                 
 (f)   Other expenditure                           133          158          349                 

 4.    PBIDT (before extraordinary income)         118          154          617                 

 5.    Interest                                    120          130          535                 

 6.    PBDT (before extraordinary income)           (2)          24           82                  

 7.    Extraordinary income                          -          116          116                 

 8.    Depreciation                                 57           55          215                 

 9.    Profit/ (Loss) before tax                   (59)          85         (17)                

 10.   Provision for taxation                        -            -            2                   

 11.   Net Profit/(Loss)                           (59)          85         (19)
                
 12.   Paid-up equity share capital                407          358          407                 
       (face value of each share - Rs.10/-)                                                                      

 13.   Reserves excluding revaluation reserve                                                            
       (as per balance sheet) of previous 
       accounting year                               -            -        1,776               

 14.   EPS (Rs)                                  (1.52)        2.37       (0.64)              

 15.   Aggregate of Non-Promoter Shareholding                                                                    
           Number of shares                    24629613                 24629613            
           Percentage of shareholding            59.69%                   59.69%              
 
Notes: 
1 The above results have been taken on record by the Board of Directors in its 
  meeting held on 29.1.2002 
2 The Company manufactures Sugar, which is a seasonal industry. 
3 The above results should be read together with the observations of the 
  Auditors in their Report to the accounts for the year ended 30.9.2000. No 
  further provision has been considered necessary in regard to Company's 
  exposure in Subsidiaries as referred to in Note 11 and matters covered in 
  Notes 8 and 12 for the reasons stated therein. 
4 As the Company has substantial unabsorbed depreciation and carry forward 
  losses under the Income tax Act, 1961 and is unlikely to have taxable income  
  in the foreseeable future, in accordance with Accounting Standard (AS) 22 
  issued by the Institute of Chartered Accountants of India, the net deferred 
  tax asset has not been recognised.
5 Project for process conversion at one of our sugar mills at Mawana, was 
  completed and commercial production commenced on 7.11.2001. Consequent to such 
  conversion, there was reduction in workforce (204 workers). 
6 Figures have been regrouped wherever necessary.
 
Place: New Delhi 
Date : 29.1.2002 


Segment wise Revenue, Results and Capital Employed, under Clause 41 of the 
Listing Agreement for the three months ended 31st December 2001 

                                                            Rs.in Million 
                                                         Three months ended 
                                                            31.12.2001 

1 Segment Revenue 
a) Sugar                                                        803
b) Chemicals                                                    258
c) Edible oils                                                  114
d) Others                                                         2
Total                                                         1,177
Less: Inter segment revenue                                       -
Net sales/income from operations                              1,177

2 Segment Results 
a) Sugar                                                        122
b) Chemicals                                                    (33)
c) Edible oils                                                    1
d) Others                                                        (1) 
Total:                                                           89
Less: i) Interest                                               120
     ii) Other un-allocable expenditure 
         net of un-allocable income                             (28)
Total Profit Before Tax:                                        (59)
 
 
3 Capital Employed 
a) Sugar                                                        682
b) Chemicals                                                    961
c) Edible oils                                                   75
d) Others                                                        (3)
Total Segment Capital Employed                                 1715


                      This information is provided by RNS
            The company news service from the London Stock Exchange

Comw.bk.a.26 (LSE:45IT)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024

Comw.bk.a.26 (LSE:45IT)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024