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, 2009
						(Rs. in Lakhs)
			Quarter	Quarter	Year	Previous
			ended	ended         [       ended		Year ended
	Srl	Particulars	31.03.2009	31.03.2008	31.03.2009	31.03.2008
	(1)	(2)	(3)	(4)	(5)	(6)
			(Audited)	(Audited)	(Audited)	(Audited)
	1	(a)Net Sales/Income from Operations	3071	6193	16485	21053
		(b)Other Operating Income	78	191	487	556
		Total Income	3149	6384	16972	21609
	2	Expenditure
		a) Increase/decrease in stock in trade	236	785	214	-259
		b) Consumption of raw materials	1550	2686	9853	10410
		c) Purchase of semi-finished products	281	681	1192	2581
		d) Consumption of Stores	146	246	1029	1196
		e) Employee Cost	828	608	2719	2408
		f)  Depeciation	86	75	354	422
		g) Power & Fuel	416	545	1960	2064
		h) Other Expenses	138	321	885	1283
		Total Expenditure	3681	5947	18206	20105
	3	Profit from Operations before Other Income, Interest and Exceptional items	-532	437	-1234	1504
	4	Other Income	29		72	40
	5	Profit before Interest and Exceptional Items	-503	437	-1162	1544
	6	Interest(Net)	120	140	538	408
	7	Profit after Interest but before Exceptional Items	-623	297	-1700	1136
	8	Expectional items -
		a) Employee Separation Compensation
		& Retiral Benefit to Ex-directors	-63	-45	-185	-153
		b)Gain from forward cover contracts	-9		45
	9	Profit(+)/Loss(-) from ordinary activities before Tax	-695	252	-1840	983
	10	Tax Expenses
		- Current Tax		40		368
		- Reversal of Provision of Previous Year		-98		-98
		- Deferred Tax(Benefit)	1	260	-191	52
		-Fringe Benefit Tax	5	4	25	26
	11	Net Profit(+)/Loss(-) from Ordinary Activities after Tax	-701	46	-1674	635
	12	Extraordinary Items (net of tax Expenses)
	13	Net Profit(+)/Loss(-) for the period	-701	46	-1674	635
	14	Paid-up Equity Share Capital	1026	547	1026	547
		(Face Value of Rs.10/- each)
	15	Reserves excluding Revaluation Reserve as per Balance			7960	4182
		Sheet of previous accounting year
	16	Earning per share (EPS)
		(a)Basic and diluted EPS before Extraordinary Items	-6.83	0.84	-23.68	11.60
		for the period,for the year to date and for the previous year.
		(b)Basic and diluted EPS after Extraordinary Items
		for the period,for the year to date and for the previous year.
	17	Public Shareholding
		a)Number of Shares	2,748,518	2,732,450	2,748,518	2,732,450
		b)Percentage of Shareholding	26.79	49.93	26.79	49.93
	18	Promoter and promoter group shareholding
		a)Pledged/Encumbered	Nil		Nil
		-Number of Shares
		-Percentage of shares (as a % of the total shareholding
		of promoter and promoter group)
		-Percentage of shares (as a % of the total share capital
		of company)
		b)Non-encumbered
		-Number of Shares	7512417		7512417
		-Percentage of shares(as a % of the total shareholding of	100.00		100.00
		and promoter group)
		-Percentage of shares(as a % of the total share capital	73.21		73.21
		of the Company)
		SEGMENT-WISE REVENUE,RESULTS AND CAPITAL EMPLOYED-MARCH, 2009
						Rs. in lakhs
	1	Segment Revenue
		a) Roll operations	2285	4282	11867	15472
		b) Pig Iron Operations	998	2257	5772	6447
		c) Others	-3	72	226	416
		Total	3280	6611	17865	22335
		Less: Inter segment Rrevenue	131	227	893	726
		Net sale/income from operations	3149	6384	16972	21609
	2	Segment Results
		Profit Before tax and interest
		a) Roll operations	-286	289	-515	1041
		b) Pig Iron Operations	-211	122	-660	374
		c) Others	-35	26	-59	89
		Total	-532	437	-1234	1504
		Less:
		I)   Interest	120	140	538	408
		II)  Other unallocable expenditure
		net of unallocable income	-29		-72	-40
		iii)  Exceptional items (net)	72	45	140	153
		Total Profit Before Tax	-695	252	-1840	983
	3	Capital Employed
		(Segment assets-Segment liabilitaies)
		a) Roll operations	6757	4687	6757	4687
		b) Pig Iron Operations	1381	835	1381	835
		c) Others	121	226	121	226
		d)Unallocable Assets (Net)	9383	3038	9383	3038
		Total	17642	8786	17642	8786
		Notes :
		1.Figures of corresponding period regrouped where necessary.
		2.The project for putting up the integrated facilities for manufacture of Forging Quality  Ingots, Engineering
		Forgings and Forged Rolls is under implementation.Forging Quality Ingots trial production has commenced.
		3.Consequent to the Rights Issue of 47,88,700 fully paid up equity shares of face value of Rs 10 each at a
		premium of Rs.116/- per equity share, 47,88,135 equity shares were alloted on 1st December, 2008.The
		paid-up capital of the Company increased from Rs.547 Lakhs to  to  Rs.1026 Lakhs effective 1.12.2008.
		4. The Company has become  subsidiary of Tata Steel Limited effective 1.12.2008.
		5. Consumption of raw materials for the year ended 31.03.2009 includes write down of an amount of
		Rs.573.17 Lakhs on account of valuation of the raw materials made during the quarter ended 31.12.2008.
		6.Total  number  of  investor  complaints  pending  at the beginning of the quarter: NIL;
		Received and Disposed of during the quarter :NIL; and 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 meetings held on 6.05.2009.
	Date   : 06.05.2009				P.C. Srivastava
	Place : Jamshedpur				Managing Director
	A TΛTΛ Enterprise