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ARVIND REMEDIES LIMITED
UNAUDITED FINANCIAL RESULTS
FOR THE  NINE MONTHS ENDED DECEMBER 31, 2008
	(Rupees in Lakhs.)
Particulars	Three months ended 31.12.2008	Three months ended 31.12.2007	Corresponding  Nine Months ended 31.12.2008	Corresponding Months ended 31.12.2007	Year ended 31.3.2008
	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1. (a) Net Sales	5491.62	4372.73	15896.55	12760.52	17567.15
(b) Other Operating Income	0.28	2.13	2.09	5.72	4.44
Total Operating Income	5491.90	4374.86	15898.64	12766.24	17571.59
2. Expenditure
a) (Increase)/Decrease in stock	180.92	(82.06)	50.16	(168.82)	(435.01)
b)  Consumption of Materials	4407.65	3707.16	13531.33	10910.44	15283.14
c)  Purchase of Traded Goods	74.11	0.00	106.18	30.69	30.69
d)  Employee Cost	113.63	92.31	323.74	286.41	441.04
e)  Depreciation	51.52	44.93	147.47	132.92	179.71
f)  Other expenditure	214.40	252.94	455.04	502.35	649.87
g) Total (a) to (f)	5042.23	4015.28	14613.92	11693.99	16149.44
3. Profit from Operation before other Income	449.67	359.58	1284.72	1072.25	1422.15
Interest & Exceptional items (1-2)
4. Other Income	4.87	-	10.20	5.32	15.22
5.Profit  before interst & Exceptional items (3+4)	454.54	359.58	1294.92	1077.57	1437.37
6. Interest	211.40	176.81	626.49	504.93	748.02
7. Profit after interst but before Exceptional items(5-6)	243.14	182.77	668.43	572.64	689.35
8. Execptional Items
9. Profit from Ordinary activities before Tax (8-9)	243.14	182.77	668.43	572.64	689.35
10. Provision for Taxation
Income Tax(Including Fringe Benefit Tax)	50.00	40.00	90.00	80.00	147.23
Earlier Years	-	-	-	-	-
Deferred Tax	1.28	(3.50)	7.70	(26.98)	29.11
Wealth Tax	-	-	-	-	0.33
11. Profit from Ordinary activities after Tax	191.86	146.27	570.73	519.62	512.68
12.Extraordinary Items (net of tax expense)	-	-	-	-	-
13.Net Profit for the Period	191.86	146.27	570.73	519.62	512.68
14.Paid-up Equity Share Capital	2600.50	2600.50	2600.50	2600.50	2600.50
(face value Re.1/- per Share)
15.Reserves excluding Revaluation Reserve	-	-	-	-	1881.86
Basic and Diluted Earnings Per Share before and after extraordinary Items (Rs.)	0.07	0.06	0.22	0.20	0.20
Public Shareholding
Number of shares	194205340	194205340	194205340	194205340	194205340
Percentage of Shareholding	74.68%	74.68%	74.68%	74.68%	74.68%
Notes :
1. The Company Operates only in one business segment namely formulaions.
2.Previous period's figures have been regrouped/ rearranged wherever necessary to confirm to the current period's classification.
3. Provision for taxation for the Nine months ended December 31, 2008 has been made on an estmate basis.  The actual tax
liability will be determined on the basis of the taxable income of the Company for the year from April 1, 2008 to March 31,2009
4. The above results were reviewd by the audit committee and taken on record of the meeting of the Board of Directors held on February 27, 2008
5. During the quarter 15 investor compliants were received and disposed off.  There were no investor compliants pending for redressal as at the commencement and end of the quarter
Chennai - 600 084			For ARVIND REMEDIES LTD
Date:  February 27, 2009
			DR.B.Arvind Shah
			CEO & Managing Director
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