AUDITED FINANCIAL RESULTS
FOR THE NINE MONTHS ENDED DECEMBER 31, 2007
   
  (Rupees in Lakhs.)
Particulars ####### 3 months ended 31.12.2007 3 months ended 31.12.2006 Half Year ended 31.12.2007 Half Year ended 31.12.2006 Year ended 31.3.2007
    Unaudited Unaudited Unaudited Unaudited Audited
Gross Sales/Other Income 4595.8 5081.48 4317.59 14640.73 12906.27 17972.93
Less:Exise Duty -548.58         (708.75)       (519.85)      (1,880.21)      (1,612.12) (2314.43)
NET SALES 4047.22       4,372.73 3797.74 12760.52 11294.15 15658.50
Other Income 2.58 2.13 4.90 11.04 16.37 21.58
TOTL INCOME 4049.8 4374.86 3802.64 12771.56 11310.52 15680.08
             
TOTAL EXPENDITURE            
a) Increase/Decrease in stock -255.62 (82.06)         (69.58)         (168.82) 31.3 (300.68)
b)  Consumption of Materials 3587.91 3707.16 3122.30 10910.44 9386.9 13563.16
c)  Purchase of Traded Goods                 -            53.64 30.69 84.47 84.47
d)  Staff Cost 92.52 92.31 90.23 286.41 249.97 340.42
e)  Other expenditure 130.54 252.94 233.21 502.35 465.1 618.13
Total (a) to (e) 3555.35 3,970.35 3429.80 11561.07 10217.74 14305.50
             
Profit Before Int, Dep. and Tax 494.45 404.51 372.84 1210.49 1092.78 1374.58
Interest 163.37 176.81 158.54 504.93 426.07 655.18
Depreciation 43.64 44.93 44.19          132.92 127.14 170.12
             
Profit before Tax 287.44 182.77 170.11 572.64 539.57 549.28
Provision for Taxation            
       Current   Tax Including FBT 26.73 40.00 26.13 80.00 66.13 85.86
        Earlier Tax 0                -                 -   0 0.12                     (31.48)
       Deferred Tax -12.72 (3.50)          62.13           (26.98)           41.02 56.13
       Wealth Tax 0                -                 -                   -                  -   0.29
Profit after Tax 273.43 146.27 81.85 519.62 432.30 438.48
             
Paid-up Equity Share Capital 2600.5 2600.50 2600.50 2600.50 2600.50 2600.50
Reserves excluding Revaluation Reserve           1521.31
             
Basic and Diluted Earnings Per Share (Rs.) 0.11 0.06 0.03 0.20 0.17 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 194205340
Percentage of Shareholding 74.68% 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 Revised Accounting Standard 15"Employee Benefits" issued by the Institute of Chartered Accountants of India
     has become applicable to the Company with effect from April 1, 2007.  The Impact of such revision, which is 
     not likely to be material, will be considered at the year end.
3. Provision for taxation for the Nine months ended December 31, 2007 has been made on an estimate basis.  The actual tax 
   liability will be determined on the basis of the taxable income of the Company for the year April 1, 2007 to March 31, 2008
4. The above results were reviewed by the audit committee and taken on record at the meeting of the 
    Board of Directors held on February 29, 2008.
5. During the  quarter 'NIL' 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.
6. The above results have been subjected to a Limited Review  by the Statutory auditors as per
     listing agreement with the stock exchange.
  For  ARVIND REMEDIES LTD
PLACE:CHENNAI 600 084 DR.B.Arvind Shah
DATE  : Februay 29, 2008 Managing Director