Financial Details


The company was performing well with profits, during the late nineties with an average net profit of 37 lakhs during the period 96-99. But from the year 2000, the year in which the company had carried out the expansion, the company had started to incur losses due to high operating expenditure. However, after take over by the new management, situations are changed


PARTICULARS

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10

INCOME

Sales 

91.27

 76.70

 94.96

-

 125.44 

492.51

  857.54   

1329.00   

Services

7 7.05

90.01

94.09

9.72

28.08

5 0.37

6 3.93

62.52

Other income

4.59

1.59

21.04

1.41

6.39

0.57

10.60

35.52

Interest waiver(OTS)

 

 

 

 

63.25

 

 

 

Scrap Sale

3.48

14.91

92.17

-

9.54

15.19

59.26

51.69

Prior period income

97.18

33.69

18.09

40.87

-

-

-

 

Stock differential 

(3.67)

-

-

-

0.69

46.30

(20.03)

89.96

 

269.90

216.90

320.35

51.99

  233.39

604.95

971.30

1568.69

EXPENDITURE

Raw material consumed

133.07

113.81

221.52

7.53

142.19

531.97

887.65

1165.24

Manufacturing expenses

58.29

39.35

33.01

7.37

23.41

39.32

59.83

101.25

Employee cost

38.93

67.07

63.66

33.49

8.40

14.65

33.00

52.68

Finance charges

19.58

19.49

23.06

3.57

2.66

0.78

0.92

1.01

Admin & Selling expenses

9.33

10.05

-

-

7.87

37.85

17.68

30.99

Prior period expenses

9.07

0.56

83.65

0.17

8.85

-

-

 

Depreciation

11.50

11.13

10.94

11.27

11.14

11.41

14.92

16.86

 

279.75

261.46

435.84

63.39

204.52

635.98

1014.00

1368.03

Net Profit/Loss

(9.85)

(44.56)

(115.49)

(11.40)

28.87

(31.03)

(42.70)

200.66