UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED
30.06.2008
(Rs. in Lacs) 
Particulars QUARTER ENDED YEAR ENDED
  30.06.2008 30.06.2007 31.03.2008
1. Net Sales / Income from Operations 5848.95 3501.04 15015.96
2. Other Income 81.26 147.24 1005.35
3. Total Income 5930.21 3648.28 16021.31
4. Expenditure      
a. Increase / Decrease in Stock in Trade 791.41 -182.42 -209.03
b) Consumption of Raw Materials 2618.17 2681.32 9610.27
c) Employees Cost 425.62 257.32 1390.77
d) Depreciation /Amortisation 314.95 121.89 481.69
e) Other Expenditure 1004.84 595.76 3014.14
5. Interest 610.57 317.06 1162.68
6. Exceptional Items - - -
7. Profit/(-)Loss from ordinary activities before tax 164.65 -142.65 570.79
8. Tax Expenses      
a. Current Year Tax - - 2.62
b. Prior Year Tax - - -
c. Fringe Benefit Tax 2.17 0.99 6.54
d) Deferred Tax - - 271.48
9.Net Profit from ordinary activities after tax 162.48 -143.64 290.15
10. Extraordinary Items - - -
11. Net Profit for the period 162.48 -143.64 290.15
12. Paid up Capital      
a. Equity 1834.07 784.54 1834.07
b. Preference 1970.00 1970.00 1970.00
13. Reserves excluding revaluation reserves - - 4119.00
14.(a)Earnings Per Share before Extraordinary items (Rs.) (Basic & Diluted) 0.73 -2.19 1.12
(b)Earnings Per Share after Extraordinary items (Rs.) (Basic & Diluted) 0.73 -2.19 1.12
15.Public Shareholding      
a. No. of Shares - - 4621730
b. % of Share holding - - 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 01.01.2008 - Nil
    2. Received during the quarter - 3
    3. Disposed off during the quarter - 3
    4. Lying unresolved as on 31.03.2008 - Nil
  3. The above financial results were reviewed by the Audit Committee & taken on record at the Board Meeting held on 30th July 2008.
Place: Coimbatore
Date : 30th July, 2008
 
UNAUDITED SEGMENTWISE FINANCIAL RESULTS FOR THE QUARTER ENDED
30.06.2008
(Rs. in Lacs) 
Particulars QUARTER ENDED YEAR ENDED
  30.06.2008 30.06.2007 31.03.2008
1. Segment Revenue      
a) Sugar 4785.17 2672.40 11650.69
b) Distillery 1037.85 990.89 3776.76
c) Power 345.83 - -
       
Total 6168.85 3663.29 15427.45
Less: Intersegment Revenue 319.90 162.25 411.49
Net Sales / Income from Operations 5848.95 3501.04 15015.96
       
2. Segment Results      
a) Sugar 478.04 -304.81 -458.58
b) Distillery 278.91 476.20 2147.76
c) Power 15.09 - -
       
Total 772.04 171.39 1689.18
Less: Interest 610.57 317.06 1162.68
  161.47 -145.67 526.50
Add: Unallocable Income net of Unallocable Expenditure 3.18 3.02 44.29
Total Profit Before Tax 164.65 -142.65 570.79
       
3. Capital Employed      
a) Sugar 19977.68 25714.29 22978.59
b) Distillery 3047.73 3379.57 3290.39
c) Power 12588.86 - -
 
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. 26 MW Cogeneration Unit has commenced operation from 2nd April 2008.
For SRI CHAMUNDESWARI SUGARS LIMITED
Managing Director