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THIRD QUARTER RESULT 2010-11
   

 

 

GUJARAT ALKALIES AND CHEMICALS LIMITED
Regd. Office: P.O. Petrochemicals,
VADODARA 391 346

UNAUDITED (PROVISIONAL) FINANCIAL RESULTS FOR THE QUARTER ENDED ON
31st DECEMBER, 2010

(Rs. in Lakhs)     

Sr. No. Particulars 3 Months ended (31/12/2010) Corrosponding 3 Months    ended in the previous year  (31/12/2009) Year to date figures for the current period ended (31/12/2010)

Year to date figures for the previous year ended (31/12/2009)

 Previous Accounting year ended (31/03/2010)
    (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
[ 1 ] [ 2 ] [ 3 ] [ 4 ] [ 5 ] [ 6 ] [ 7 ]
1 (a) Net Sales / Income from Operations 34,404 30,938 1,02,245 97,186 1,27,808
  (b) Other Operating  Income 124 1,175 539 2,187 3,779
  Total ( a to b ) of Sr. No. 1 34,528 32,113 1,02,784 99,373 1,31,587
2 Expenditure : 
  a)  (Increase) / Decrease in stock in trade and Work in Progress

(846)

 97         (402) 208 620
  b) Consumption of raw materials 14,887 14,830 44,251 43,179 57,653
  c) Purchase of Traded goods 754 - 900 130 138
  d) Power, fuel & other utilities 6,033 4,465 17,292 12,919 17,128
  e) Other Manufacturing & Operative Expenditure 3,965 3,478 11,201 10,431 12,200
  f) Employees Cost 2,913 2,707 8,797 8,164 11,991
  g) Depreciation 3,352 3,082 9,977 9,166 12,155
  h) Other expenditure 1,260 1,010 4,072 3,122 5,242
  Total ( a to h ) of Sr. No. 2 32,318 29,669 96,088 87,319 1,17,127
3 Profit from Operations before Interest & Exceptional Items ( 1 - 2 ) 2,210 2,444 6,696 12,054 14,460
4 Other income 163 217 985 890 2,404
5 Profit before Interest & Exceptional Items (3+4) 2,373 2,661 7,681 12,944 16,864
6 Interest 543 394 1,472 1,404 1,748
7 Profit after Interest but before Exceptional Items ( 5 - 6 ) 1,830 2,267 6,209 11,540 15,116
8 Exceptional items  [ Net ( Debit ) / Credit ] : 
   a)   Prior period adjustments - (1) - (485) (489)
9 Profit (+) / Loss (-) before Tax   ( 7 + 8 ) 1,830 2,266 6,209 11,055 14,627
10 Tax Expense (89) 335 377 2,434 (2,557)
11 Net Profit (+) / Loss (-) form Ordinary Activities after Tax ( 9 - 10 ) 1,919 1,931 5,832 8,621 17,184
12 Extraordinary items (net of tax expense Rs.     -    )                -                   -                   -                   -                  -  
13 Net Profit (+) / Loss (-) for the period ( 11 - 12 ) 1,919 1,931 5,832 8,621 17,184
14 Paid-up equity share capital (Face Value per share Rs.10/-) 7,344 7,344 7,344 7,344 7,344
15 Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year                -                   -                   -                   -   1,31,764
16 Earning Per Share ( EPS ) :
  a) Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not annualised) 2.61 2.63 7.94 11.74 23.40
  b) Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not annualised) 2.61 2.63 7.94 11.74 23.40
17 Public Shareholding
 -     Number of Shares 464,71,961 464,71,961 464,71,961 464,71,961 464,71,961
 -     Percentage of Shareholding           63.28            63.28            63.28            63.28           63.28
18  Promoters and Promoter group Shareholding  
 a) Pledged/ Encumbered
  - Number of Shares 71,19,028 71,19,028 71,19,028 71,19,028 71,19,028
  - Percentage of shares (as a % of the total shareholding of promoter and promoter group) 26.40 26.40 26.40 26.40 26.40
  - Percentage of shares (as a % of the total share capital of the company) 9.69 9.69 9.69 9.69 9.69
b) Non-encumbered  
  - Number of Shares 198,45,939 198,45,939 198,45,939 198,45,939 198,45,939
  - Percentage of shares (as a % of the total shareholding of promoter and promoter group) 73.60 73.60 73.60 73.60 73.60
  - Percentage of shares (as a % of the total share capital of the company) 27.03 27.03 27.03 27.03 27.03
Notes :
1. The Company's operations fall under single segment namely "Chemicals".
2. Corresponding figures of the previous period / year have been regrouped to make them comparable wherever necessary.
3. Status of Investor's complaints for the quarter ended 31st December, 2010 :
Opening Balance :  0 (Nil)                Received :  41            Disposed off :  41         Pending as on 31.12.2010 : 0 (Nil)
4. The Statutory Auditors have conducted a 'limited review' of the above results.
5. The above results have been reviewed by the Audit Committee of Directors and approved by the Board of Directors of the Company at their meeting held on 14th February, 2011.
 
By order of the Board
Sd/-
Place : Gandhinagar      (GURUPRASAD MOHAPATRA)
Date : 14.02.2011

 MANAGING DIRECTOR