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

(RS. IN LACS)
  Particulars
THIRD QUARTER
ENDED
31.12.2008
 31.12.2007
Unaudited
 Unaudited
NINE MONTHS
ENDED
31.12.2008 31.12.2007
Unaudited Unaudited
YEAR
ENDED
31.03.2008
Audited
1 (A)Net Sales/Income from Operations 5108.70 3318.82 12693.06 9893.38 12932.90
  (B)Other Oprating Income 0.00 0.00 0.00 0.00 0.00
  Total Income 5108.70 3318.82 12693.06 9893.38 12932.90
2 Expenditure:          
  Increase/decrease in stock in trade and work in progress 4.97
 		-47.63 -150.15 -122.85 -33.40
  Consumption of raw materials 2400.59 2747.23 7583.95 7720.09 9843.14
  Purchase of Traded goods 1616.85 0.00 2776.82 0.00 0.00
  Employees cost 15.81
 		13.72 61.11 52.68 101.59
  Depreciation 79.39
 		93.60 242.11 275.72 387.06
  Other expenditure 777.82 265.94 1499.97 1219.08 1686.97
  Total 4895.43 3072.86 12013.81 9144.72 11985.36
3 Profit from Operations before other income, Interest and Exceptional Items (1-2) 213.27 245.96 679.25 748.66 947.54
4 Other Income 5.25 29.06 15.36 36.58 -15.09
5 Profit before Interest and Exceptional Items (3+4) 218.52 275.02 694.61 785.24 932.45
6 Interest 112.68 90.68 345.80 278.99 408.99
7 Profit after Interest but before Exceptional Items (5-6) 105.84 184.34 348.81 506.25 523.46
8 Exceptional items 0.00 00.00 0.00 00.00 0.00
9 Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) 105.84 184.34 348.81 506.25 523.46
10 Tax expense 20.05 60.00 95.15 150.00 156.41
11 Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10)
 85.79 124.34 253.66 356.25 367.05
12 Extraordinary items 0.00 0.00 0.00 0.00 0.00
13 Net Profit (+) / Loss (-) for the period (11-12)
 85.79 124.34 253.66 356.25 367.05
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) 0.43 0.68 1.26 1.94 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) 0.43 0.68 0.83 1.94 1.82
17 Public Shareholding :-          
  Number of shares 14331305
 		13617541 14331305 13617541 14835152
  Percentage of shareholding 71.22
 		74.35 71.22 74.35 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 30th January,2009.
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
12 complaints were received and resolved during the quarter. There was nil balance of complaint at the beginning and end of the quarter.
4
Total expenditure incurred on project in expainson up to 31.12.2008 is amouting to Rs. 8693.69 Lacs and the same has been financed by Banks through ECB Loans amounting to Rs. 5901.46 Lacs and Promoter’s Contribution and Internal Accruals amounting to Rs.2792.23 Lacs.
5 Figures of previous year and previous quarter have been re-grouped where necessary.
FOR SUMEET INDUSTRIES LIMITED
PLACE : SURAT
DATE : 30/01/2009		 SUMEET KUMAR SOMANI
DIRECTOR