|
|
|
|
|
|
|
|
|
|
TAYO ROLLS LIMITED |
|
|
(formerly
TATA-YODOGAWA LIMITED) |
|
|
Regd. Office : XLRI New Administrative Building,
C.H.Area(E), Jamshedpur-831001. |
|
|
|
|
|
|
|
INDIA'S
LEADING ROLL MANUFACTURER |
|
|
|
|
|
|
UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER
ENDED 30TH JUNE, 2009 |
|
|
|
|
|
|
|
|
|
(Rs. in Lakhs) |
|
|
|
|
|
Quarter |
Quarter |
Previous |
|
|
|
|
ended |
ended Year ended |
|
|
|
|
|
|
|
|
|
Srl |
Particulars |
|
30.06.2009 |
30.06.2008 |
31.03.2009 |
|
|
(1) |
(2) |
|
(3) |
(4) |
(5) |
|
|
|
|
(Unaudited) |
(Audited) |
(Audited) |
|
|
1 |
(a)Net
Sales/Income from Operations |
|
2244 |
4890 |
16485 |
|
|
|
(b)Other Operating Income |
|
82 |
206 |
487 |
|
|
|
Total Income |
|
2326 |
5096 |
16972 |
|
|
2 |
Expenditure |
|
|
|
|
|
|
|
a) Increase/decrease in stock in trade and work in progress |
|
-233 |
154 |
242 |
|
|
|
b) Consumption of raw materials |
|
1411 |
3003 |
9853 |
|
|
|
c) Purchase of semi-finished products |
|
179 |
113 |
1192 |
|
|
|
d) Consumption of Stores |
|
163 |
315 |
1029 |
|
|
|
e) Employees Cost |
|
564 |
549 |
2719 |
|
|
|
f)
Depeciation |
|
88 |
89 |
354 |
|
|
|
g) Power & Fuel |
|
375 |
509 |
1960 |
|
|
|
h) Other Expenditure |
|
277 |
293 |
1254 |
|
|
|
i) Expenditure transferred to capital and other accounts |
|
-107 |
-29 |
-397 |
|
|
|
j)Total Expenditure |
|
2717 |
4996 |
18206 |
|
|
3 |
Profit(+)/Loss(-) from
Operations before Other Income, Interest and Exceptional items(1-2) |
|
-391 |
100 |
-1234 |
|
|
4 |
Other Income |
|
1 |
|
72 |
|
|
5 |
Profit(+)/Loss(-)before Interest
and Exceptional Items(3+4) |
|
-390 |
100 |
-1162 |
|
|
6 |
Interest |
|
90 |
129 |
538 |
|
|
7 |
Profit(+)/Loss(-) after Interest but before Exceptional
Items(5-6) |
|
-480 |
-29 |
-1700 |
|
|
8 |
Exceptional items - |
|
|
|
|
|
|
|
i) Employee Separation
Compensation |
|
-44 |
-39 |
-185 |
|
|
|
ii)Gain from forward cover contracts |
|
|
62 |
45 |
|
|
9 |
Profit(+)/Loss(-)
from ordinary activities before Tax(7+8) |
|
-524 |
-6 |
-1840 |
|
|
10 |
Tax Expenses |
|
|
|
|
|
|
|
- Current Tax |
|
|
6 |
|
|
|
|
- Reversal of Provision of
Previous Year |
|
|
|
|
|
|
|
- Deferred Tax |
|
|
-36 |
-191 |
|
|
|
-Fringe Benefit Tax |
|
5 |
7 |
25 |
|
|
11 |
Net
Profit(+)/Loss(-) for the period(9-10) |
|
-529 |
17 |
-1674 |
|
|
12 |
Paid-up Equity Share Capital |
|
1026 |
547 |
1026 |
|
|
|
(Face Value of Rs.10/- each) |
|
|
|
|
|
|
13 |
Reserves
excluding Revaluation Reserve as per Balance |
|
|
|
7960 |
|
|
|
Sheet of previous accounting year |
|
|
|
|
|
|
14 |
Earning per share (EPS) |
|
|
|
|
|
|
|
Basic and diluted EPS for the period,for the year to date |
|
-5.15 |
0.31 |
-23.68 |
|
|
|
and for the previous year. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15 |
Public Shareholding |
|
|
|
|
|
|
|
a)Number of Shares |
|
2,748,518 |
2,732,450 |
2,748,518 |
|
|
|
b)Percentage of Shareholding |
|
26.79 |
49.93 |
26.79 |
|
|
16 |
Promoter and promoter group shareholding |
|
|
|
|
|
|
|
a)Pledged/Encumbered |
|
NIL |
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 |
2740350 |
7512417 |
|
|
|
-Percentage of shares(as a % of the total
shareholding of |
|
100.00 |
100.00 |
100.00 |
|
|
|
promoter and
promoter group) |
|
|
|
|
|
|
|
-Percentage of shares(as a % of the total
share capital |
|
73.21 |
50.07 |
73.21 |
|
|
|
of the Company) |
|
|
|
|
|
|
|
|
|
|
|
|
SEGMENT-WISE
REVENUE,RESULTS AND CAPITAL EMPLOYED-JUNE, 2009 |
|
|
|
|
|
|
|
1 |
Segment Revenue |
|
|
|
|
|
|
|
a) Roll operations |
|
1399 |
3079 |
11867 |
|
|
|
b) Pig Iron Operations |
|
1020 |
2197 |
5772 |
|
|
|
c) Others |
|
8 |
69 |
226 |
|
|
|
Total |
|
2427 |
5345 |
17865 |
|
|
|
Less: Inter segment Rrevenue |
|
101 |
249 |
893 |
|
|
|
Net sale/income from operations |
|
2326 |
5096 |
16972 |
|
|
|
|
|
|
|
|
|
2 |
Segment Results(Profit(+)/Loss(-)) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a) Roll operations |
|
-257 |
31 |
-515 |
|
|
|
b) Pig Iron Operations |
|
-97 |
109 |
-660 |
|
|
|
c) Others |
|
-37 |
-40 |
-59 |
|
|
|
Total |
|
-391 |
100 |
-1234 |
|
|
|
|
|
|
|
|
|
|
Less: |
|
|
|
|
|
|
|
I) Interest |
|
90 |
129 |
538 |
|
|
|
II) Other unallocable
expenditure |
|
|
|
|
|
|
|
net of unallocable
income |
|
-1 |
|
-72 |
|
|
|
iii) Exceptional items
(net) |
|
44 |
-23 |
140 |
|
|
|
Total Profit Before Tax |
|
-524 |
-6 |
-1840 |
|
|
|
|
|
|
|
|
3 |
Capital Employed |
|
|
|
|
|
|
|
(Segment assets-Segment liabilitaies) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
a) Roll operations |
|
5097 |
5013 |
6757 |
|
| |
|
b) Pig Iron Operations |
|
668 |
477 |
1381 |
|
| |
|
c) Others |
|
28 |
275 |
121 |
|
| |
|
d)Unallocable Assets (Net) |
|
11421 |
3781 |
9383 |
|
| |
|
Total |
|
17241 |
9546 |
17642 |
|
| |
|
|
|
|
|
|
| |
|
Notes : |
|
|
|
| |
|
1.Figures of corresponding period regrouped where
necessary. |
| |
|
2.Employee
cost for the quarter ended 30.06.2009 is net of reversal of excess provision
of Rs. 44.08 lakhs. |
| |
|
3.The
trial run for the Forging Quality Ingots is in progress. The Forge Shop and
Induction Hardening Shop |
| |
|
are in advanced stage of
completion. |
| |
|
4.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 . |
| |
|
5.The Financial results were reviewed by
the Audit Committee and approved and taken on record by the |
| |
|
Board
of Directors at their respective
meetings held on 31.07.2009.The Statutory Auditors have carried out |
|
| |
|
Limited Review of the Results for the
quarter ended 30th June, 2009. |
|
| |
|
|
| |
Date : 31.07.2009 |
|
P.C. Srivastava |
|
| |
Place : Jamshedpur |
|
|
Managing Director |
|
| |
A TΛTΛ Enterprise |
|
|
|
|
|
|
|
|
|
|