(Approved by the Board of Directors on 27-04-2013 after review
thereof by the Audit Committee) |
| NOTES |
| 1. |
Period end mark-to-market losses (net) recognised in respect of outstanding derivative contracts is Rs. 2.57 crores. (Previous Year 31st March, 2012 - Rs. 4.08 crores) |
| 2. |
The Company's Spun Pipes and Foundries Unit continues to be under suspension of work effective 2nd May, 2008. |
| 3. |
| a. |
Pending disposal (consented by the shareholders in March, 2006) of the Company's Hindusthan Heavy Chemicals Unit, the revenue/expenses of the unit (insignificant in terms of the Company's total revenue/expenses) have been and will be included in these and subsequent results till its disposal. |
| b. |
The Company had to declare suspension of work at the unit effective 8th December, 2010 in consequence of illegal strike/activities by workmen. |
|
| 4. |
| Statement of Assets and Liabilities
|
|
|
| |
|
|
|
| Particulars |
As at
31-03-2013
(Audited) |
As at
31-03-2012
(Audited) |
| |
|
|
|
| |
|
|
|
| 1. |
Shareholders' Fund |
|
|
| |
| a. |
Share capital |
| b. |
Reserve and surplus |
| |
|
|
|
|
| |
|
|
|
| 2. |
Non Current Liabilities |
|
|
| |
| a. |
Long term Borrowings |
| b. |
Deferred Tax liablities (net) |
| |
|
|
|
|
| |
|
|
|
| 3. |
Current Liabilities |
|
|
| |
| a. |
Short term borrowings |
| b. |
Trade Payables |
| c. |
Other Current Liabilities |
| d. |
Short Term Provision |
| |
|
|
| 1,630.80 |
| 490.63 |
| 918.09 |
| 79.75 |
| 3,119.27 |
|
| 1,349.57 |
| 483.40 |
| 890.19 |
| 71.56 |
| 2,794.72 |
|
| |
|
|
|
| |
TOTAL |
6,473.90 |
6,522.71 |
| |
|
|
|
| |
|
|
|
| 1. |
Non Current Assets |
|
|
| |
| a. |
Fixed Assets |
| |
(i) |
Tangible Assets |
| |
(ii) |
Intangible Assets |
| |
(iii) |
Capital work in Progress |
| |
(iv) |
Intangible asset under development |
| |
|
|
| |
| 3,443.84 |
| 2.93 |
| 704.49 |
| - |
| 4,151.26 |
|
| |
| 3,584.74 |
| 2.11 |
| 623.52 |
| 0.36 |
| 4,210.73 |
|
| |
|
|
|
| |
| b. |
Non Current Investment |
| c. |
Long Term Loans and Advances |
| d. |
Other Non Current Assets |
|
|
|
| |
|
|
|
| 2. |
Current Assets |
|
|
| |
| a. |
Inventories |
| b. |
Trade Receivables |
| c. |
Cash and Bank Balances |
| d. |
Short Term Loans and Advances |
| e. |
Other Current Assets |
| |
|
|
| 912.75
|
| 835.67 |
| 83.66 |
| 282.97 |
| 13.63 |
| 2,128.68 |
|
| 995.16 |
| 672.44 |
| 69.59 |
| 311.73 |
| 38.26 |
| 2,087.18 |
|
| |
|
|
|
| |
TOTAL |
6,473.90 |
6,522.71 |
|
| |
|
| 5. |
During the quarter, the Company has recognised deferred tax assets on business losses to the extent of deferred tax liability. |
| 6. |
The results for the quarter ended 31st March, 2013 are derived figure arrived at by subtracting the result for the nine months ended 31st December, 2012 from the audited results for the year ended 31st March 2013. |
| 7. |
The Board has recommended a dividend @ Re 1.00 per share for the year ended 31st March, 2013 (Previous Year @ Re 1.00 per share). Entitlement to dividend will be based upon a record date which will be announced separately. |
| 8. |
The 'Draft letter of offer' for proposed right issue upto Rs. 500.00 crore filed with SEBI has been approved by it in March 2013 and necessary follow up action are being taken in this respect. |
| 9. |
Comparative figures have been regrouped or rearranged where considered necessary. |
| |
|
| |
By Order of the Board |
| |
|
| |
Place : Kolkata
Date : 27th April, 2013 |
K. C. Jain
Whole-time Director |
| |
|
|
