Un-Audited Financial Result For the Quarter Ended- Dec 2007

(RS. IN LACS)
PARTICULARS THIRD QUARTER
ENDED
NINE MONTHS
ENDED
YEAR
ENDED
 31.12.2007 31.12.2006  31.12.2007  31.12.2006 31.03.2007
(UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (AUDITED)
1. NET SALES/INCOME FROM OPERATIONS 3318.82 2923.14 9893.38 8462.75 11249.13
2. OTHER INCOME 29.06 80.56 36.58 82.49 137.00
3. Total Income (1+2) 3347.88 3003.70 9929.96 8545.24 11386.13
4. EXPENDITURE :          
Increase/decrease in stock in trade and work in progress
-47.63 -43.89 -122.85 -169.07 -653.96
Consumption of raw materials
2747.23 2191.72 7720.09 6777.38 9191.13
Employees cost

    

13.72 21.90 52.68 45.42 74.41
Depreciation
93.60 101.80 275.72 290.95 360.82
Other expenditure
265.94 455.65 1219.08 988.86 1545.88
Total
3072.86 2727.18 9144.72 7933.54 10518.28
5. INTEREST 90.68 68.75 278.99 214.78 360.63
6. Exceptional items 0.00 0.00 0.00 0.00 0.00
7. Profit (+) / Loss (-) from    Ordinary Activities before tax    (3) – (4+5+6) 184.34 207.77 506.25 396.92 507.22
8. Tax expense 60.00 64.30 150.00 122.84 156.98
9. Net Profit (+) / Loss (-) from
    Ordinary Activities after tax (7-8)
124.34 143.47 356.25 274.08 350.24
10. Extraordinary items 0.00 0.00 0.00 0.00 13.77
11. Net Profit (+) / Loss (-) the period (9-10) 124.34 143.47 356.25 274.08 336.47
12. Paid-up equity share capital (Face Value as per Share shall be indicated) 1831.63 1739.93 1831.63 1739.93 1739.93
13. Reserves excluding Revaluation Reserves as per balance sheet previous      accountion year 0.00 0.00 0.00 0.00 538.94
14. 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)
0.68 0.82 1.94 1.58 2.01
Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annulized)
0.68 0.82 1.94 1.58 1.93
15. Public shareholding          
A. Number of shares
13617541 10641173 13617541 10641173 12461290
B. Percentage of shareholding
74.35 61.16 74.35 61.16 71.62
           
REPORTING OF SEGMENT WISE REVENUE, RESULTS & CAPITAL EMPLOYED
(RS. IN LACS )
PARTICULARS THIRD QUARTER
ENDED
NINE MONTHS
ENDED
YEAR
ENDED
31.12.2007 31.12.2006 31.12.2007 31.12.2006 31.03.2007
(UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (AUDITED)
SEGMENT REVENUE :          
TEXTILES 3089.68 2923.14 8902.22 8462.75 11249.13
MENTHOL 229.14 0.00 991.16 0.00 0.00
TOTAL 3318.82 2923.14 9893.38 8462.75 11249.13
SEGMENT RESULT :          
PROFIT BEFORE INTEREST & TAX:          
TEXTILES 222.64 276.52 677.94 611.70 867.85
MENTHOL 23.12 0.00 70.72 0.00 0.00
UNALLOCATED 29.06 0.00 36.58 0.00 0.00
TOTAL 274.82 276.52 785.24 611.70 867.85
CAPITAL EMPLOYED :          
TEXTILES 3058.29 2924.08 3058.29 2924.08 2963.26
MENTHOL 540.10 0.00 540.10 0.00 278.88
TOTAL 3598.39 2924.08 3598.39 2924.08 3242.14
NOTES : 
 
1.  THE ABOVE RESULTS HAVE BEEN TAKEN ON RECORD AT THE MEETING OF THE BOARD OF DIRECTORS OF THE COMPANY HELD ON 21st JAN., 2008.
2.  AS PER ACCOUNTING STANDARD 17 FROM CURRENT QUARTER COMPANY HAS TWO REPORTABLE
     SEGMENT OF TEXTILES AND MENTHOL.
3.  19 COMPLAINTS WERE RECEIVED AND RESOLVED DURING THE QUARTER. THERE WAS NIL BALANCE COMPLAINT AT THE BEGINING AND END OF THE QUARTER.
4.  CRISIL HAS AWARDED SME 2 (HIGH) RATING TO COMPANY.
5.  FIGURES OF PREVIOUS YEAR AND PREVIOUS QUARTER HAVE BEEN RE-GROUPED WHERE NECESSARY.
 
PLACE :   SURAT FOR SUMEET INDUSTRIES LIMITED
DATE: JANUARY 21, 2008
  SHANKAR LAL SOMANI
CHAIRMAN