ABCDEF
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AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH 2011
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(RS IN LAKHS)
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Sl.Year endedYear ended
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No.Particulars (Audited)(Audited)
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31.03.1131.03.10
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1Gross Sales 2277.061845.74
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Less: Excise Duty 6.412.32
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Net Income from Sales2270.651843.42
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2Cost of Sales/Services
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a) (increase)/decrease
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in stock in trade and
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work in progress4.7062.96
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b) Consumption of raw
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materials1307.45997.94
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c) Purchase of traded
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goods1.3122.52
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d) Dyes & Chemicals79.97103.62
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e) Power & Fuel 440.96391.26
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f) Staff Cost 144.98128.72
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g) Other expenditure 111.2877.83
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TOTAL 2090.651784.85
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3Gross Profit (1-2)180.0058.57
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4General Administrative
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expenses41.8138.41
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5Selling and Distribution
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expenses33.3436.82
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6Depreciation 97.7398.10
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TOTAL (4+5+6)172.88173.33
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7Operating Profit before
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interest (3)-(4+5+6)7.12-114.76
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8Interest 0.8927.95
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9Exceptional items036.26
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10Operating Profit after
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Interest and Exceptional
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Items (7-8-9)6.23-178.97
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11Other Income20.9616.08
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12Profit(+)/Loss(-) from
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Ordinary Activities
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before tax (10-11)27.19-162.89
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13Tax expenses12.0233.95
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14Net Profit(+)/Loss(-)
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from Ordinary Activities
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after tax (12-13)39.21-128.94
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15Extraordinary items (net
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of tax expenses)1987.830.00
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16Net Profit(+)/Loss(-)
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the period (14-15)2027.04-128.94
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17Paid up equity share capital
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(face value of the Share
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shall be indicated)429.38429.38
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18Reserves excluding revaluation
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Reserves (as per balance sheet)
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of previous accounting year 154.82154.82
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19Earnings per Share (EPS)0.52-3.00
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20Public shareholding
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* Number of Shares 21991732159100
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* Percentage of shareholding 51.2250.28
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21Promoters and Promoter
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group shareholding
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a) Pledged/Encumbered
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* Number of shares 4000000
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* Percentage of shares
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(as a % of the total shareholding
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of promoter and promoter group19.100
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* Percentage of shares (as a % of the
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total share capital of the company)9.320
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b) Non-encumbered
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* Number of shares16946272134700
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* Percentage of shares
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(as a % of the total shareholding
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of promoter and promoter group80.9049.72
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* Percentage of shares (as a % of the
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total share capital of the company)39.4649.72
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NOTE
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1The above results were taken on records at the Board Meeting held on 12.08.2011 after limited
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review by the Statutory Auditors
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2The operation of the company relates to only one segment i.e. Paper and Paper Boards.
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3The extra ordinary items represents amount written back on settlement of Secured & unsecured
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creditors amounting to Rs. 1987.83 lacs on sanction of Rehabilitation Scheme by BIFR.
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4There are no complaints remaining unresolved at the beginning and end of the quarter.
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5EPS has been calculated wihtout considering extra ordinary items,
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6The figures of the previous quarter have been re-grouped, re-casted and/or re-arranged wherever necessary.
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FOR AND ON BEHALF OF THE BOARD
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PLACE: CUTTACK ANIL KUMAR GILRA
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DATE: 12th August 2011 D I R E C T O R