AFT
INDUSTRIES LIMITED
 |
 |
 |
FINANCIAL HIGHLIGHTS
 AFT INDUSTRIES LIMITED (Assam Frontier Tea) Registered Office :Talap 786 156, Assam |
||||
Unaudited
Financial Results (Provisional) for three months ended June
30, 2003 Rs in Lacs |
||||
Particulars |
Three months ended | Year ended | ||
|---|---|---|---|---|
| 30.06.2003 (Unaudited) | 30.06.2002 (Unaudited) | 31.03.2003 (Audited) |
||
| 1. | Net Sales/Income from operations | 1,512 |
1,643 |
9,316 |
| 2. | Other Income | 139 |
85 |
625 |
| 3. | Total Expenditure | 1,833 |
1,153 |
8,859 |
| (a) (Increase)/Decrease in stock | (518) |
(984) |
(78) |
|
| (b) Consumption of Raw Materials (Note 3) | |
|||
| (c) Staff Cost | 1,358 |
1,152 |
5,198 |
|
| (d) Power and Fuel | 357 |
275 |
1,077 |
|
| (e) Other Expenditure | 636 |
710 |
2,662 |
|
| 4. | Interest | 83 |
50 |
323 |
| 5. | Depreciation | 76 |
90 |
356 |
| 6. | Profit before Tax ( 1+2-3-4-5) | (341) |
435 |
403 |
| 7. | Provision for Taxation | |
||
| - Current Tax | - |
130 |
157 |
|
| - Deferred Tax (net) | (10)
|
3 |
(35)- |
|
| 8. | Net Profit ( 6-7) | (331) |
302 |
281 |
| 9. | Paid up Equity Share
Capital (Face value Rs 10/- per share) |
600 |
600 |
600 |
| 10. | Reserves excluding Revaluation Reserve | |
7,789 |
|
| 11. | Basic and Diluted EPS (Rs.) | (5.52) |
5.03 |
4.68 |
| 12. | Aggregate of Non Promoter Shareholding | - |
- |
- |
| - Number of Shares | 15,43,550 |
15,17,050 |
15,43,550 |
|
| - Percentage of Share holding | 25.73 |
25.28 |
25.73 |
|
Reporting
of Segmentwise Results and Capital Employed Under Clause 41 of the Listing Agreement Rs in Lacs |
|||||
Particulars |
Quarter ended 30.06.2003 |
Half Year ended 31.03.2003 |
|||
|---|---|---|---|---|---|
| 1. | Segment Revenue (Sales/Income from Operations) | ||||
| a) Export | - |
1546 |
|||
| b) Domestic | 1512 |
7770 |
|||
| Total | 1512 |
9316 |
|||
| Less: Inter Segment Revenue | - |
- |
|||
| Net Sales / Income from operations | 1512 |
9316 |
|||
| 2. | Segment Result (Profit before Interest and Tax from segment) | ||||
| a) Export | - |
202 |
|||
| b) Domestic | (397) |
427 |
|||
| Total | (397) |
629 |
|||
| Less: Interest | 83 |
323 |
|||
| Add: Unallocated Income net of unallocable expenditure | 139 |
97 |
|||
| Profit before Tax | (341) |
403 |
|||
| 3. | Capital Employed | ||||
| a) Export | - |
31 |
|||
| b) Domestic | 493 |
314 |
|||
| Total | 493 |
345 |
|||
| Add: Unallocable corporate assets (net of corporate liabilities) | 20890 |
21369 |
|||
| Total Capital Employed | 21383 |
21714 |
|||
| Notes: | |
| 1. | The above results have been taken on record at the Board Meeting held on Thursday, July 31, 2003, after due consideration of the same by the meeting of the Audit Committee held on the same date. |
| 2. | These Accounts
have been prepared in accordance with the Accounting Standards issued
by the Institute of Chartered Accountants of India. |
| 3. | The Company consumes green leaf harvested from its own tea estates only.The value of consumption of raw material is not ascertainable because of integrated operation of harvesting green leaf to manufacture of black tea. Such disclosure is also exempted vide Notification no. S.O.954(E) dated 25.09.2001 issued by the Department of Company Affairs. |
| 4. | Status
of investor grievances for the three months ended June 30, 2003 |
NO
OF COMPLAINTS |
|||
Pending
as at 01.07.03 |
Received
during the quarter |
Disposed
during the quarter |
Lying
unresolved as at 30.06.03 |
2 |
25 |
24 |
3 |
5. |
Tea industry is seasonal in character and as such results for three months ended June 30, 2003 should not be construed as representative of the likely profitability of the Company for the financial year ending March 31, 2004. |
| 6. | Comparative figures have been regrouped / rearranged wherever necessary. |
| AFT INDUSTRIES LIMITED |
| Kolkata, July 31, 2003 | SHIRIN PAUL Chairperson |