TAYO ROLLS LIMITED
	(formerly TATA-YODOGAWA LIMITED)
	Regd. Office : XLRI New Administrative Building, C.H.Area(E), Jamshedpur-831001.
	INDIA'S  LEADING ROLL MANUFACTURER
	AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2008
						(Rs. in Lakhs)
			Nine	Quarter	Quarter	Year	Previous
			months	ended	ended         [       ended		Year ended
			ended
	Srl	Particulars	31.12.2007	31.03.2008	31.03.2007	31.03.2008	31.03.2007
	(1)	(2)	(3)	(4)	(5)	(6)	(7)
			(Audited)	(Audited)	(Audited)	(Audited)	(Audited)
	1	Sales/Income from Operations	17106	6977	6453	24083	21339
		Deduct : Excise Duty	2246	784	811	3030	2588
	2	Net Sales/Income from Operations	14860	6193	5642	21053	18751
	3	Export Benefits(DEPB Licence)	58	51	24	109	92
	4	Other Income	347	140	46	487	724
	5	Total Income	15265	6384	5712	21649	19567
	6	Total Expenditure
		a) Increase/decrease in stock in trade	(-)1044	785	(-)64	(-)259	-682
		b) Consumption of raw materials	7724	2686	2818	10410	9157
		c) Purchase of semi-finished products	1900	681	632	2581	1867
		d) Consumption of Stores	950	246	293	1196	1288
		e) Staff Cost	1800	608	551	2408	2198
		f)  Depeciation	347	75	120	422	493
		g) Power & Fuel	1519	545	453	2064	1906
		h) Excise Duty(Net of recovery)	141	(-)59	28	82	118
		i) Other Expenses	821	380	426	1201	1405
		Total	14158	5947	5257	20105	17750
	7	Interest	268	140	69	408	297
	8	Expectional items -
		a) Profit on Sale of Long term Investments					142
		b) Employee Separation Compensation	(-)108	(-)45	(-)33	(-)153	(-)130
		& Retiral Benefit to Ex-directors
	9	Profit from ordinary activities before Tax	731	252	353	983	1532
	10	Provision for Taxation
		- Current Tax	328	40	115	368	471
		- Reversal of Provision of Previous Year		(-)98		(-)98
		- Deferred Tax	(-)208	260	(-)18	52	(-)30
		-Fringe Benefit Tax	22	4	9	26	29
	11	Net Profit from Ordinary Activities after Tax	589	46	247	635	1062
	12	Extraordinary Items (net of tax Expenses)
	13	Net Profit for the period	589	46	247	635	1062
	14	Paid-up Equity Share Capital	547	547	547	547	547
		(Face Value of Rs.10/- each)
	15	Reserves excluding Revaluation Reserve				4182	3618
	16	Earning per share (EPS)
		Basic and diluted EPS before and after Extraordinary Items
		for the period,for the year to date and for the previous year.	10.76	0.84	4.52	11.60	19.41
	17	Public Shareholding
		a) Number of Shares	2,732,450	2,732,450	2,696,868	2,732,450	2,696,868
		b) Percentage of Shareholding	49.93	49.93	49.28	49.93	49.28
		SEGMENT-WISE REVENUE,RESULTS AND CAPITAL EMPLOYED-DECEMBER,2007 QTR
						Rs. in lakhs
	1	Segment Revenue
		a) Roll operations	11190	4282	4109	15472	14138
		b) Pig Iron Operations	4190	2257	1574	6447	5372
		c) Others	384	72	177	456	762
		Total	15764	6611	5860	22375	20272
		Less: Inter segment Rrevenue	(-)499	(-)227	(-)148	(-)726	-705
		Net sale/income from operations	15265	6384	5712	21649	19567
	2	Segment Results
		Profit Before tax and interest
		a) Roll operations	752	289	305	1041	1368
		b) Pig Iron Operations	252	122	183	374	527
		c) Others	63	26	(-)51	89	-122
		Total	1067	437	437	1504	1773
		Less:
		I)   Interest	268	140	69	408	297
		II)  Other unallocable expenditure	(-)40	0	(-)18	(-)40	(-)44
		net of unallocable income
		iii)  Exceptional items (net)	108	45	34	153	(-)12
		Total Profit Before Tax	731	252	352	983	1532
		Capital Employed
		(Segment assets-Segment liabilitaies)
		a) Roll operations	7815	4687	4688	4687	4688
		b) Pig Iron Operations	59	835	1252	835	1252
		c) Others	129	226	362	226	362
		d)Unallocable Assets (Net)	(-)477	3038	34	3038	34
		Total	7526	8786	6336	8786	6336
		Notes :
	1	Figures of corresponding period regrouped where necessary.
	2	The  Authorised Share Capital of the Company has been increased from Rs.10,00,00,000/- divided into 1,00,00,000 equity shares
		of Rs.10/-each, to Rs.15,00,00,000/- divided into 1,50,00,000 equity share of Rs. 10/- each, with effect from November 23,2007.
	3	The Project for putting up integrated facilities for the manufacture of Forging quality Ingots,Engineering Forging and Forged Rolls
		is under implementation. Orders for all major equipment has been placed.
	4	The other income of the previous year ended 31st March,2007, includes Rs.396 Lakhs received as one time commission on sale.
	5	The Board has recommended a dividend of 40% ,Rs.4/-per equity share for the year ended 31st March,2008 .
	6	Total number of investor complaints pending at the beginning of the quarter: NIL; Received and  Disposed of  during the quarter :NIL
		pending at the end of the quarter: NIL
	7	The  above results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their                           respective meetings held on 25.04.2008.
	Date   : 25.04.2008				P.C. Srivastava
	Place : Jamshedpur				Managing Director
	A TΛTΛ Enterprise