| Back to Financial results | |||||
| 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 | ||||
| Back to Financial results | |||||