Un-Audited Financial Results For the Quarter Ended September, 2008

(RS. IN LACS)
  Particulars
SECOND QUARTER
ENDED
30.09.08
 30.09.07
Unaudited
 Unaudited
HALF YEAR
ENDED
30.09.08 30.09.07
Unaudited Unaudited
YEAR
ENDED
31.03.2008
Audited
1 (A)Net Sales/Income from Operations 4245.83 3262.76 7584.36 6574.76 12932.90
  (B)Other Oprating Income 0.00 0.00 0.00 0.00 0.00
  Total Income 4245.83 3262.76 7584.36 6574.76 12932.90
2 Expenditure:          
  Increase/decrease in stock in trade and work in progress -169.95
 		-282.26 -155.12 -75.22 -33.40
  Consumption of raw materials 2632.48 2664.17 5183.36 4972.86 9843.14
  Purchase of Traded goods 1159.97 0.00 1159.97 0.00 0.00
  Employees cost 22.65
 		19.80 45.30 38.96 101.59
  Depreciation 74.62
 		91.00 162.72 182.12 387.06
  Other expenditure 290.93 503.95 722.15 953.14 1686.97
  Total 4010.70 2996.66 7118.98 502.90 11985.36
3 Profit from Operations before other income, Interest and Exceptional Items (1-2) 235.13 266.10 465.98 502.90 947.54
4 Other Income 2.30 4.43 10.11 7.52 -15.09
5 Profit before Interest and Expceptional Items (3+4) 237.43 270.53 476.09 510.42 932.45
6 Interest 127.50 108.41 233.12 188.31 408.99
7 Profit after Interest but before Exceptional Items (5-6) 109.93 162.12 242.97 322.11 523.46
8 Exceptional items 0.00 00.00 0.00 00.00 0.00
9 Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) 109.93 162.12 242.97 322.11 523.46
10 Tax expense 34.79 44.00 75.10 90.00 156.41
11 Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10)
 75.14 118.12 167.87 232.11 367.05
12 Extraordinary items 0.00 0.00 0.00 0.00 0.00
13 Net Profit (+) / Loss (-) for the period (11-12)
 75.14 118.12 167.87 232.11 367.05
14 Paid-up equity share capital ( Face Value of Rs. 10/- per Share) 2012.30 1831.63 2012.30 1831.63 2012.30
15 Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year 0.00 0.00 0.00 0.00 884.47
16 Earning Per Share (EPS) :-          
  Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualized) 0.37 0.64 1.26 1.27 1.82
  Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annulized) 0.37 0.64 0.83 1.27 1.82
17 Public Shareholding :-          
  Number of shares 14384317
 		13425470 14384317 13425470 14835152
  Percentage of shareholding 71.48
 		73.30 71.48 73.30 73.72
 
NOTES
1
The above results have been taken on record at the meeting of the board of Directors of the Company held on 24th October, 2008.
2
As per Accounting Standard 17, the requirement of Segment reporting is not applicable to the Company both in respect of Geographical Segment and Product Segment.
3
9 complaints were received and resolved during the quarter. There was nil balance of complaint at the beginning and end of the quarter.
4
Figures of previous year and previous quarter have been re-grouped where necessary.
FOR SUMEET INDUSTRIES LIMITED
PLACE : SURAT
DATE : October 24, 2008
 SUMEET KUMAR SOMANI
DIRECTOR