UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED
30.09.2008
(Rs. in Lacs) 
Particulars THREE MONTHS ENDED SIX MONTHS ENDED YEAR ENDED
  30.09.2008 30.09.2007 30.09.2008 30.09.2007 31.03.2008
1. Net Sales /
Income from
Operations		 3960.77 3210.38 9809.72 6711.42 15015.96
2. Expenditure          
a. Increase/ Decrease in Stock in Trade 1400.53 1526.64 2191.94 1344.22 -209.03
b. Consumption of Raw Materials 619.94 387.33 3238.11 3068.65 9610.27
c. Employees Cost 436.71 249.27 862.33 506.59 1390.77
d. Depreciation /Amortisation 314.96 122.77 629.91 244.66 481.69
e. Other Expenditure 629.38 429.79 1634.22 1025.55 3014.14
f. Total 3401.52 2715.80 8556.51 6189.67 14287.84
3. Profit from Operations before other Income, Interest & Exceptional Items (1-2) 559.25 494.58 1253.21 521.75 728.12
4. Other Income 22.26 3.04 103.52 150.26 1005.35
5. Profit before Interest & Exceptional Items (3+4) 581.51 497.62 1356.73 672.01 1733.47
6. Interest 611.87 336.42 1222.44 653.47 1162.68
7. Profit/(-)Loss after Interest but before Exceptional items -30.36 161.20 134.29 18.54 570.79
8. Exceptional Items - Prior Year Adjustments - - - - -
9. Profit (+)/Loss(-) from Ordinary Activities before tax (7-8) -30.36 161.20 134.29 18.54 570.79
10. Tax Expenses 2.91 1.99 5.08 2.97 280.64
11. Net Profit (+)/Loss (-) from Ordinary Activities after tax (9-10) -33.27 159.21 129.21 15.57 290.15
12. Extraordinary Items (Net of Tax Expenses) - - - - -
13. Net Profit (+)/Loss (-) for the period (11-12) -33.27 159.21 129.21 15.57 290.15
14.Paid up Equity Share Capital (Face Value Rs.10/-) 1834.07 1569.07 1834.07 1569.07 1834.07
15.Reserves excluding revaluation reserves as per Balance Sheet of the previous accounting year. - - - - 4119.00
16. Earnings Per Share (EPS) (Rs.)          
a. Basic & Diluted EPS before Extraordinary items for the period,for the year to date & for the previous year -0.34 0.83 0.40 -0.26 1.12
b. Basic & Diluted EPS after Extraordinary items for the period,for the year to date & for the previous year -0.34 0.83 0.40 -0.26 1.12
17. Public Shareholding          
a. No.of Shares 4621730 1971730 4621730 1971730 4621730
b. No.of Shares 25.20 12.56 25.20 12.56 25.20
 
Note:
  1. Quarterly results cannot be taken as factual indicators of full year's working results due to seasonal nature of Sugar industry.
  2. Number of investors' complaints received:
    1. Opening as on 01.07.2008 - Nil
    2. Received during the Quarter - 5
    3. Disposed off during the Quarter - 5
    4. Lying unresolved as on 30.09.2008 - Nil
  3. The above financial results were reviewed by the Audit Committee & taken on record at the Board Meeting held on 11th November 2008.
Place: Coimbatore
Date : 11th November 2008
 
UNAUDITED SEGMENTWISE FINANCIAL RESULTS FOR THE QUARTER ENDED
30.09.2008
(Rs. in Lacs) 
Particulars THREE MONTHS ENDED SIX MONTHS ENDED YEAR ENDED
  30.09.2008 30.09.2007 30.09.2008 30.09.2007 31.03.2008
1. Segment Revenue
(Net Sales/ Income from Operations)		          
a. Sugar 3034.08 2348.82 7819.25 5021.22 11650.69
b. Distillery 1357.75 884.36 2395.60 1875.25 3776.76
c. Power 82.32 - 428.15 - -
Total 4474.15 3233.18 10643.00 6896.47 15427.45
Less Intersegment Revenue 513.38 22.80 833.28 185.05 411.49
Net Sales / Income from Operations 3960.77 3210.38 9809.72 6711.42 15015.96
2. Segment Results
(Profit (+) / Loss (-) before Tax and Interest) 		         
a. Sugar -307.95 -79.52 170.11 -384.33 -458.58
b. Distillery 879.67 570.18 1158.58 1046.38 2147.76
c. Power 2.03 - 17.11 - -
Total 573.76 490.66 1345.80 662.05 1689.18
Less i) Interest 611.87 336.42 1222.44 653.47 1162.68
ii) Other Un-allocable expenditure          
iii)Un-allocable Income -7.76 -6.96 -10.94 -9.96 -44.29
Total Profit Before Tax -30.36 161.20 134.30 18.54 570.79
3. Capital Employed          
a. Sugar 22421.11 28903.50 22421.11 28903.50 22978.59
b. Distillery 3084.95 3217.12 3084.95 3217.12 3290.39
c. Power 12552.83 - 12552.83 - -
 
4. Previous year quarterly results, have been restated in confirmity with the Audited Accounts for the year ended 31.03.2008.
5. Earnings per share as at 31st March 2008 has been calculated by deducting proposed dividend on Cumulative Preference shares amounting to Rs.113.50 lacs
6. Deferred Tax would be accounted in the year end.


For SRI CHAMUNDESWARI SUGARS LIMITED
Sd/-
M. Srinivaasan
Managing Director