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 QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 2009
         
      (Rs. in Lakhs)
    Quarter Quarter Quarter Quarter Previous
    ended ended ended ended          Year ended             
             
Srl Particulars 30.09.2009 30.09.2008 30.09.2009 30.06.2008 31.03.2009
(1)  (2) (3) (4) (5) (6) (7)
    (Unaudited) (Audited) (Unaudited) (Audited) (Audited)
1 (a)Net Sales/Income from Operations 3182 5728 5426 10619 16485
  (b)Other Operating Income 94 175 176 380 487
  Total Income 3276 5903 5602 10999 16972
2 Expenditure          
  a) Increase/decrease in stock in trade and work in progress 132 -403 -100 -250 242
  b) Consumption of raw materials 1667 3706 3078 6709 9853  
  c) Purchase of semi-finished products 6 331 185 444 1192
  d) Consumption of Stores 254 350 417 665 1029
  e) Employees Cost 619 613 1182 1163 2719
  f)  Depeciation   111 90 199 178 354
  g) Power & Fuel 498 587 873 1095 1960
  h) Other Expenditure 309 441 586 736 1254
  i) Expenditure transferred to capital and other accounts -308 -90 -415 -119 -397
  j)Total Expenditure 3288 5625 6005 10621 18206
3 Profit(+)/Loss(-) from Operations before Other Income, Interest and Exceptional items(1-2) -12 278 -403 378 -1234
4 Other Income 18 15 19 15 72
5 Profit(+)/Loss(-)before Interest and Exceptional Items(3+4) 6 293 -384 393 -1162
6 Interest 117 135 207 264 538
7 Profit(+)/Loss(-) after Interest but before Exceptional Items(5-6) -111 158 -591 129 -1700
8 Exceptional items -          
   i) Employee Separation Compensation -39 -39 -83 -78 -185
  ii)Gain from forward cover contracts       62 45
9 Profit(+)/Loss(-) from ordinary activities before Tax(7+8) -150 119 -674 113 -1840
10 Tax Expenses          
      - Current Tax 0 41 0 47  
      - Reversal of Provision of Previous Year 0 0 0 0  
      - Deferred Tax 0 20 0 -16 -191
      -Fringe Benefit Tax 0 5 0 12 25
11 Net Profit(+)/Loss(-) for the period(9-10) -150 53 -674 70 -1674
12 Paid-up Equity Share Capital 1026 547 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 -1.46 0.97 -6.57 1.28 -23.68
  and for the previous year.          
           
15 Public Shareholding          
  a)Number of Shares 2748518 2,732,450 2,748,518 2,732,450 2,748,518
  b)Percentage of Shareholding 26.79 49.93 26.79 49.93 26.79
16 Promoter and promoter group shareholding          
  a)Pledged/Encumbered NIL NIL 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 2740350 7512417
   -Percentage of shares(as a % of the total shareholding of 100.00 100.00 100.00 100.00 100.00
    promoter and promoter group)          
   -Percentage of shares(as a % of the total share capital 73.21 50.07 73.21 50.07 73.21
     of the Company)          
  SEGMENT-WISE REVENUE,RESULTS AND CAPITAL EMPLOYED-JUNE, 2009
 
1 Segment Revenue          
  a) Roll operations 2356 4137 3755 7216 11867
  b) Pig Iron Operations 1031 1973 2051 4170 5772
  c) Others 12 80 20 149 226
                                                                          Total 3399 6190 5826 11535 17865
  Less: Inter segment Rrevenue 123 287 224 536 893
  Net sale/income from operations 3276 5903 5602 10999 16972
 
2 Segment Results(Profit(+)/Loss(-))
 
  a) Roll operations 42 119 -215 150 -515
  b) Pig Iron Operations -38 156 -135 265 -660
  c) Others -16 3 -53 -37 -59
  Total -12 278 -403 378 -1234
 
  Less:          
  I)   Interest 117 135 207 264 538
  II)  Other unallocable expenditure          
       net of unallocable income -18 -15 -19 -15 -72
  iii)  Exceptional items (net) 39 39 83 16 140
  Total Profit Before Tax -150 119 -674 113 -1840
 
3 Capital Employed
  (Segment assets-Segment liabilitaies)  
   
  a) Roll operations 5378 3320 5378 3320 6757  
    b) Pig Iron Operations 412 2050 412 2050 1381
    c) Others 209 180 209 180 121
    d)Unallocable Assets (Net) 13339 7812 13339 7812 9383
    Total 19338 13362 19338 13362 17642
   
    Notes :
 
  1) Figures of corresponding period re-grouped where necessary.
  2) The trial run for the Forging Quality Ingots is in progress. The Cold trial of Forge Shop and Induction Hardening Shop is in progress.
  3) 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 .
  4) 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 28.10.2009.The Statutory Auditors have carried out Limited Review of the Results for the quarter and six months ended 30th September, 2009.
 
 
 
 
  Place : Kolkata         (P.C.Srivastava)
  Date  :  28.10.2009      Managing Director
   
   
   A TΛTΛ Enterprise