APEEJAY TEA LIMITED
Registered Office :Talap 786 156, Assam
Unaudited Financial Results
for the quarter / half-year ended December 31, 2006
 
Rs. in lacs
 
Quarter Ended
Half Year Ended
Year Ended
31.03.2006
(Audited)
 
31.12.2006
31.12.2005
31.12.2006
31.12.2005
 
(Unaudited)
(Unaudited)
(Unaudited)
(Unaudited)
  
1. Gross Sales ( including claims )
2,583
3,180
     7,934
         7,064
    9,418
     Less : Cess
12
15
                      33
                33
45
     Net Sales/Income from Operations
2,571
3,165
                  7,901
            7,031
     9,373
2. Other   Income @
153
176
                     765
            486
729
3. Total  Expenditure
2,602
3,136
                  7,120
            6,604
10,029
     a) (Increase)/Decrease in Stock
115
686
                (1,778)
          (1,722)
(304)
     b) Consumption of Raw Materials (Note 3)
54
33
                       222
                 206
   217
     c) Staff Cost
1,337
1,322
                  4,700
            4,436
   5,576
     d) Power and Fuel
381
377
                     1,379
         1,355
    1,548
     e) Stores and Spares Consumed
147
142
                     725
              757
     920
     f) Other Expenditure
568
576
                     1,872
1,572
2,072
4. Interest
128
129
                     402
                 278
425
5. Depreciation
103
101
                      284
                 269
338
6. Profit / (Loss) before Tax * (1+2-3-4-5)
(109)
(25)
                      860
             366
       (690)
7. Provision  for  Taxation ( Note 4 )
             Current Tax
(6)
-
                        50
            20
     (8)
             Deferred Tax ( net credit )
(6)
(6)
                        (16)
           (17)
          (24)
             Fringe Benefit Tax
-
7
                         10
            25
          33
8. Net Profit / (Loss) (6-7)
(97)
(26)
                       816
             338
        (691)
9. Paid  up  Equity  Share Capital
600
600
                     600
           600
600
    (Face value Rs.10/- per share)
10. Reserves  excluding  Revaluation Reserve
         5,763
11. Basic and Diluted EPS (Rs.)
(1.62)
(0.43)
                   13.60
            5.63
  (11.52)
12. Aggregate of Public Shareholding
      - Number of Shares
15,43,550
15,43,550
 15,43,550
 15,43,550
15,43,550
      - Percentage of Shareholding
25.73
25.73
        25.73
     25.73
25.73
@including Profit on Redemption of investment in Preference Shares
-
-
279
-
-
* after considering Exchange  (Gain) / Loss - Net
1
25
   27
      32
23
 
REPORTING OF SEGMENTWISE RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41 OF THE LISTING AGREEMENT
 
 
Quarter Ended
Nine Months Ended
Year Ended
31.03.2006
(Audited)
 
31.12.2006
(Unaudited)
 31.12.2005
(Unaudited)		 31.12.2006
(Unaudited)		 31.12.2005
(Unaudited)
1. Segment Revenue (Net Sales/Income from Operations)
       
    a) Export
400
151
1,045
249
312
    b) Domestic
2,171
3,014
6,856
6,782
9,061
    Total
2,571
3,165
7,901
7,031
9,373
    Less: Inter Segment Revenue
-
-
-
-
-
    Net Sales / Income from Operations
2,571
3,165
7,901
7,031
9,373
2. Segment Result (Profit before Interest and Tax from segment)
 
    a) Export
79
11
241
15
8
    b) Domestic
(33)
143
835
678
(296)
    Total
46
154
1,076
693
(288)
    Less: Interest
128
129
402
278
425
    Add: Unallocated Income net of unallocable expenditure
(27)
(50)
186
(49)
23
    Profit / (Loss) before Tax
(109)
(25)
860
366
(690)
3. Capital Employed ( Debtors less Brokerage liability )
    a) Export
426
111
426
111
27
    b) Domestic
389
587
389
587
140
    Total
815
698
815
698
167
    Add: Unallocable corporate assets (net of corporate liabilities)
17,665
18,517
17,665
18,517
17,497
    Total Capital Employed
18,480
19,215
18,480
19,215
17,664
                                                                                                                          
Notes :          
   
1. The above results have been taken on record at the Board Meeting held on Wednesday, January 31, 2007, after due consideration  of the same by the meeting of the Audit Committee held on the same date.
   
2. The Accounting Standard ( AS ) - 15 ( Revised ) on 'Employee Benefits' issued by the Institute of Chartered Accountants of India has  become  applicable during  the current quarter and the Company is in the process of ascertaining impact, if any, on certain accrued employee costs upto the quarter ended 31st December, 2006 in terms of the said AS.This will be accounted for on completion  of aforesaid process.
   
3. Consumption of Raw Material shown above represents cost of