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ARVIND REMEDIES LTD
AUDITED FINANCIAL RESULTS
FOR THE YEAR ENDED MARCH 31, 2008
   
    (Rupees in Lakhs.)
Particulars ####### 3 months ended 31.03.2008 3 months ended 31.03.2007 Year ended 31.3.2008 Year ended 31.3.2007
    Unaudited Unaudited Unaudited Audited
Gross Sales/Other Income 4595.8 5510.31 5066.66 20151.04 17972.93
Less:Exise Duty -548.58                (703.68)                (702.31)             (2,583.89) (2314.43)
NET SALES 4047.22              4,806.63 4364.35 17567.15 15658.50
Other Income 2.58 8.62 5.21 19.66 21.58
TOTL INCOME 4049.8 4815.25 4369.56 17586.81 15680.08
           
TOTAL EXPENDITURE          
a) Increase/Decrease in stock -255.62 (266.19)                (331.98)                (435.01) (300.68)
b)  Consumption of Materials 3587.91 4372.7 4176.26 15283.14 13563.16
c)  Purchase of Traded Goods                        -                          -   30.69 84.47
d)  Staff Cost 92.52 154.63 90.45 441.04 340.42
e)  Other expenditure 130.54 147.52 153.03 649.87 618.13
Total (a) to (e) 3555.35 4,408.66 4087.76 15969.73 14305.50
           
Profit Before Int, Dep. and Tax 494.45 406.59 281.80 1617.08 1374.58
Interest 163.37 243.09 229.11 748.02 655.18
Depreciation 43.64 46.79 42.98 179.71 170.12
           
Profit before Tax 287.44 116.71 9.71 689.35 549.28
Provision for Taxation          
       Current   Tax Including FBT 26.73 67.23 19.73 147.23 85.86
        Earlier Tax 0                       -                    (31.60)                        -                       (31.48)
       Deferred Tax -12.72 56.09                   15.11                   29.11 56.13
       Wealth Tax 0                    0.33                     0.29                     0.33 0.29
Profit after Tax 273.43 (6.94) 6.18 512.68 438.48
           
Paid-up Equity Share Capital 2600.5 2600.50 2600.50 2600.50 2600.50
Reserves excluding Revaluation Reserve       2033.98 1521.31
           
Basic and Diluted Earnings Per Share (Rs.) 0.11                        -   0.01 0.20 0.17
(Not Annualised for the Quarter and Half Year)          
           
Aggregate of Non-Promoter Shareholding          
Number of shares 1.9E+08 194205340 194205340 194205340 194205340
Percentage of Shareholding 74.68% 74.68% 74.68% 74.68% 74.68%
Note :
1. The Company operates only in one business segment namely formulations.
2. Previous period figures have been regrouped / rearranged wherever necessary to confirm to the
    current periods classification.
3. The Board of Directors have recommended a dividend of 5% subject to approval of the members.
4. The above results were reviewed by the audit committee and taken on record at the meeting of the 
    Board of Directors held on June 30, 2008.
5. During the  quarter 3  investor compliants were received and disposed off.  There were no 
    investor  compliants pending for the redressal as at the commencement and end of the quarter.
  For  ARVIND REMEDIES LTD
PLACE:CHENNAI 600 084 DR.B.Arvind Shah
DATE  : June 30, 2008 Managing Director
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