FOR THE QUARTER ENDED 30.06.2006

(Rs. In Lacs)

Sr.

Particulars

Quarter

Quarter

Year

Year

Ended

Ended

Ended

Ended

30.06.06

30.06.05

31.03.06

31.03.05

(Unaudited)

 (Audited)

1

Gross sales / Income from
Operation

803.17

539.19

2667.85

2200.17

Less Excise Duty

107.47

73.63

361.89

275.60

Net sales / Income from  
Operation

695.70

465.56

2305.96

1924.57

2

Other Income

0.85

0.22

9.61

3.51

3

Total Expenditure

609.29

434.88

2069.61

1800.75

a. Decrease /(Increase) in stock

(13.01)

7.45

5.44

(4.71)

b. Consumption of Raw Material

451.55

299.46

1436.90

1167.67

c. Staff Cost

35.61

29.58

130.89

113.87

d. Other Expenditure

135.14

98.39

496.38

523.92

4

Financial Charges

3.81

6.66

23.35

21.30

5

Depreciation

8.00

7.50

32.00

29.62

6

Net Profit before Tax

75.45

16.74

190.61

76.41

7

Provision for Income Tax

25.00

0.00

66.00

31.50

8

Provision for Fringe Benefit Tax

0.50

0.00

3.30

0.00

9

Deferred Tax Liability

(0.15)

0.00

(5.00)

(0.43)

10

Net Profit after Tax

50.10

16.74

126.31

45.34

11

Paid up Equity Share Capital

560.96

560.96

560.96

560.96

12

Reserves excluding Revaluation
Reserves

           --

               --

               --

169.92

13

E.P.S.

        0.89

0.30

2.25

0.81

14

Aggregate of non promoter shareholding

a. Number of Shares

3545809

3408650

3432880

3325175

b. % Of Share Holding

63.21

60.76

61.20

59.28

Note:
1. The above results have been taken on record by the Board of Directors of the Company at their meeting held on 28th July, 2006
2. EPS for the year ended 31st March, is for the whole year, whereas for the quarter/ half year ended period is only for that quarter / half year period
3. The previous year figures have been re-grouped wherever necessary.
4. The Company is mainly engaged in the business of welding consumables. All the other activities of the Company revolve around the main business and as such there is no separate reportable business segment.
5. The status of Investors' Complaints for the Quarter ended 30TH June, 2006 is as under: Opening Balance: Nil, Received: 2, Redressed: 2, Closing Balance: Nil
6. The above results are subject to the 'Limited Review' by the Statutory Auditors of the Company.