|
(Rs. in
Million) |
|
Particulars |
Quarter Ended |
Year to date figures
for the |
Previous
Accounting
Year
31.03.2004
(Audited) |
31.12.2004
(Reviewed) |
31.12.2003
(Reviewed) |
Current Year
31.12.2004
(Reviewed) |
Previous Year
31.12.2003
(Reviewed) |
| Gross
Sales |
3,692.99 |
5,039.56 |
9,325.39 |
12,025.33 |
15,792.19 |
| Net
Sales / Income (Net of Taxes/ Duties) |
3,539.63 |
4,767.80 |
8,809.45 |
11,419.71 |
15,021.67 |
| Other
Income |
153.60 |
21.48 |
502.59 |
130.61 |
229.67 |
|
Total Income (2+3) |
3,693.23 |
4,789.28 |
9,312.04 |
11,550.32 |
15,251.34 |
|
Total Expenditure |
|
|
|
|
|
| a.
(increase)/Decrease in stock in trade |
181.95 |
40.00 |
(1,311.04) |
128.59 |
(320.06) |
| b.
Consumption of raw materials, stores etc |
2,154.93 |
1,801.91 |
5,371.26 |
4,368.65 |
6,088.62 |
| c.
Staff cost |
178.27 |
161.89 |
541.52 |
378.97 |
526.66 |
| d.
Royalty , Technical knowhow |
59.12 |
295.13 |
336.51 |
694.81 |
811.76 |
| e.
Other expenditure |
422.83 |
497.75 |
1,127.89 |
1,190.81 |
1,555.64 |
|
Total Expenditure |
2,997.10 |
2,796.68 |
6,066.14 |
6,761.83 |
8,662.62 |
|
Earnings before interest, Depreciation and Taxes |
696.13 |
1,992.60 |
3,245.90 |
4,788.49 |
6,588.72 |
|
Interest |
190.44 |
170.30 |
544.96 |
504.71 |
693.38 |
|
Depreciation |
729.96 |
708.34 |
2,112.05 |
1,700.67 |
2,268.87 |
|
Profit /(Loss) before tax (5-6-7) |
(224.27) |
1,113.96 |
588.89 |
2,583.11 |
3,626.47 |
|
Provision for Current tax |
9.97 |
43.18 |
27.80 |
78.18 |
32.50 |
|
Provision for deferred tax (Net) - current year |
83.08 |
- |
222.51 |
- |
16.71 |
| Net
Profit/(Loss) after taxes (8-9-10) |
(317.32) |
1,070.78 |
338.58 |
2,509.93 |
3,238.52 |
|
Short provision for taxation -
earlier years |
- |
- |
- |
- |
10.31 |
|
Provision for Deferred Tax (Net) - earlier years |
- |
- |
- |
- |
328.43 |
| Net
Profit /(Loss) after earlier year adjustment
(11-12-13) |
(317.32) |
1,070.78 |
338.58 |
2,509.93 |
3,238.52 |
|
Paid-up equity share capital (Face
value:Rs.10/-per share) |
1,115.13 |
986.13 |
1,115.13 |
986.13 |
1,115.13 |
|
Reserves excluding revaluation reserves (as
per Balance Sheet of previous accounting year) |
|
|
|
|
18,352.37 |
|
Earnings Per Share (Basic &
Diluted)
Before Prior Period Items - Rs.
(not annualised )
After Prior Period Items - Rs. (not
annualised) |
(2.73)
(2.85) |
11.06
11.06 |
3.57
3.04 |
25.93
25.93 |
36.80
33.41 |
Aggregate of non promoter shareholding
- No. of shares
- percentage of shareholding |
93,232,850
83.61 |
78,532,630
81.12 |
93,232,850
83.61 |
78,532,630
81.12 |
93,232,630
83.61 |
Notes:
-
Despite a significant increase in sales volumes
during the quarter, there is a decrease in revenue and
profitability as a result of pricing pressure in the
international markets and an increase in input costs.
Current market indicators point towards an improving
pricing environment in the industry.
-
Considering the nature of the Company’s business,
its activities and location of production facilities,
the internal financial reporting, element of risks and
returns and its predominant product being storage
media , there are no business and geographical
segments within the meaning of AS 17 – Segment
Reporting, issued by the Institute of Chartered
Accountants of India.
-
There were no outstanding complaints from the
shareholders at the beginning of the quarter and all
the 60 complaints received from the shareholders
during the quarter have been replied to
satisfactorily.
-
The Company granted 2,030,300 options to the
employees @ Rs. 342 each on January 9, 2004, out of
which 1,553,500 options were cancelled and reissued @
Rs. 224.05 each to eligible employees on November 29,
2004. 76,800 Options lapsed and the same are being
added back to the pool for further issue in one or
more tranches. Remaining number of options continue to
be issued at the same terms and conditions. In
addition, the Compensation Committee of the Board of
Directors in its meeting held on January 27, 2005 has
also granted 511,800 options @ Rs. 213.20 each to the
employees of the Company.
-
The earnings per share for the quarter ended and
the nine month period ended December 31, 2004 has been
computed after considering prior period expenses of Rs.
13.30 million and Rs. 59.02 million respectively.
-
The above results for the quarter ended December
31, 2004 were reviewed by the Audit Committee and were
taken on record by the Board of Directors in their
meeting held on January 28, 2005.
-
The statutory auditors of the Company have carried
out a Limited Review of above financial results
pursuant to Clause 41 of the Listing Agreement.
For
and on behalf of the Board of Directors of
Moser
Baer India Limited
Place: New Delhi
Date: January 28, 2005 |
Deepak Puri
Managing Director |
|
Download Financial Results
Quarter Ended 31st December, 2004
 |
