MAZDA LIMITED
Regd. Office : C/1-39/13/16 GIDC Naroda, Ahmedabad - 382 330
UNAUDITED FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 30/06/2011 |
| (Rs. In Lacs) |
| |
|
1 |
2 |
3 |
| SR. NO. |
PARTICULRS |
THREE MONTHS ENDED 30/06/2011 |
CORRESPONDING THREE MONTHS ENDED IN THE PREVIOUS YEAR 30/06/2010 |
PREVIOUS ACCOUNTING YEAR ENDED 31/03/2011 (AUDITED) |
| 1 |
Sales/Income from operations
Less : Excise Duty
|
1699.97 |
2194.14 |
8975.62 |
| 102.38 |
121.52 |
611.13 |
| 2 |
Other Operating Income |
22.85 |
17.64 |
103.88 |
| 3 |
Total Income |
1620.44 |
2090.26 |
8468.37 |
| 4 |
Expenditure : |
|
|
|
| |
(a) |
Increase/ Decrease in stock in trade and work in progress |
(317.04) |
(69.96) |
(48.70) |
| |
(b) |
Consumption of raw materials
|
1059.84 |
1145.22 |
4516.14 |
| |
(c) |
Employees Cost
|
192.40 |
219.96 |
816.52 |
| |
(d) |
Depreciation
|
30.00 |
30.00 |
99.06 |
| |
(e) |
Labour Charges
|
176.42 |
148.70 |
684.07 |
| |
(f) |
Other Expenditure
|
241.81 |
254.50 |
1291.32 |
| |
(g) |
Total ( a to f)
|
1383.43 |
1728.42 |
7358.41 |
| 5 |
Interest |
(1.74) |
0.00 |
(8.86) |
| 6 |
Exceptional Items |
0.00 |
0.00 |
0.00 |
| 7 |
Profit (+) / Loss (-) From Ordinary Activities before Tax (3) - ( 4+5+6) |
238.75 |
361.84 |
1118.82 |
| 8 |
Tax Expense |
77.50 |
123.00 |
299.73 |
| 9 |
Net Profit (+) / loss (-) From Ordinary Activities After Tax (7-8) |
161.25 |
238.84 |
819.09 |
| 10 |
Profit on sale of valve business as an Extraordinary Item |
0.00 |
1082.40 |
1073.49 |
| 11 |
Net Profit (+) / loss (-) for the period (9+10) |
161.25 |
1321.24 |
1892.58 |
| 12 |
Paid-up equity share capital (Face Value of Rs. 10 per share) |
425.80 |
425.80 |
425.80 |
| 13 |
Reserves excluding Revaluation Reserves |
|
|
5361.37 |
| 14 |
Basic and Diluted EPS (Rs.) |
|
|
|
| a) Basic and Diluted EPS before extraordinary items |
3.79 |
5.61 |
19.24 |
| b) Basic and Diluted EPS after extraordinary items |
3.79 |
31.03 |
44.45 |
| 15 |
Public Shareholding |
|
|
|
| -- Number of Shares |
2814233 |
3046452 |
2836452 |
| -- Percentage of Shareholding |
66.09 |
71.55 |
66.61 |
| 16 |
Promoters and Promotors group shareholding |
|
|
|
| |
(a) |
Pledged / Encumbered |
|
|
|
| |
|
-- Number of Shares |
NIL |
NIL |
NIL |
| |
|
-- Percentage of Shares - (as a % of the total shareholding of promoter and promoter group) |
NIL |
NIL |
NIL |
| |
|
-- Percentage of Shares (as a % of the total share capital of the company) |
NIL |
NIL |
NIL |
| |
(b) |
Non-encumbered |
|
|
|
| |
|
-- No. of shares |
1443767 |
1211548 |
1421548 |
| |
|
-- Percentage of Shares (as a % of the total shareholding of promoter and promoter group) |
100.00 |
100.00 |
100.00 |
| |
|
-- Percentage of Shares (as a % of the total share capital of the company) |
33.91 |
28.45 |
33.39 |
| |
NOTES :
1. The above results were approved and taken on record in the Board Meeting held on 30th July, 2011.
2. The Statutory Auditors have carried out a limited review of the financial results for the three months ended 30/06/2011 as per Clause 41 of the Listing Agreement with the Stock Exchanges.
3. "a) Number of Investor complaints pending at the beginning of quarter - Nil
b) Received and disposed of during the quarter - 14
c) Lying unresolved at the end of the quarter - Nil"
4. Fixed Assets used in the company's business or liabilities contracted have not been identified to any of the reportable segment, as allocation of assets and liabilities to segments is currently not practicable.
5. Provision for Deferred Tax has not been considered on quarterly basis and will be effected in the Annual Accounts.
6. During the previous year, the company has sold its valve division to Circor Flow Technologies India Private Limited on a going concern basis as a slump sale. The capital gain arising from this sale is shown as an extra-ordinary item at point No. 10 above.
7. Previous year figures have been regrouped wherever necessary.
PLACE : AHMEDABAD
DATE : 30/07/2011
For and on behalf of the Board
Percy X. Avari
Whole-Time Director |
| |
| Segmentwise Revenue & Results |
| (Rs. In Lacs) |
|
Quarter Ended 30/06/2011 |
Corresponding Quarter Ended 30/06/2010
|
Year Ended 31/03/2011 (Audited) |
| 1. Segment Revenue |
|
|
|
| a) |
Engineering Division |
1469.68 |
2003.30 |
8056.84 |
| b) |
Food division |
150.76 |
86.96 |
414.21 |
| |
Total |
1620.44 |
2090.26 |
8471.05 |
| |
Less: Inter Segment Revenue |
--- |
--- |
--- |
| Net Sales/ Income From Operations |
1620.44 |
2090.26 |
8471.05 |
| |
|
|
|
| 2. Segment Result |
|
|
|
| Profit/ (Loss) before Tax and Interest |
|
|
|
| a) |
Engineering Division |
391.29 |
599.50 |
1946.75 |
| b) |
Food division |
6.25 |
5.89 |
15.86 |
| Total |
397.54 |
605.39 |
1962.61 |
| Less: |
|
|
|
| (I) |
Interest |
(1.74) |
0 |
(8.86) |
| (ii) |
Unallocable Expenditure |
160.53 |
243.55 |
852.65 |
| Profit before Tax |
238.75 |
361.84 |
1118.82 |
|
NOTES :
Fixed Assets used in the company's business or liabilities contracted have not been identified to any of the reportable segment, as allocation of assets and liabilities to segments is currently not practicable. |
