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Home > Investor Relations
> Financial Results
> Quarterly
Results
Audited Financial Results for the year ended 30th June 2003:
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Sl.no.
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Particulars
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For
the Nine months ended 31.03.03
(Unaudited)
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For
the quarter ended
30.06.03 (Unaudited)
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For
the Quarter ended 30.06.02 (Unaudited)
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For
the year
ended 30.06.03 (Audited)
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For
the year ended
30.06.02 (Audited)
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Rs./Lacs
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Consolidated
Results
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Year
ended
30.06.03
(Audited)
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Year
ended
30.06.02
(Audited)
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| 1 |
Sales
including Excise:
(Sales of Manufactured & Traded Goods)
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153,389
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58,194
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40,446
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211,583
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153,787
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213,930
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156,324
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| 2 |
Other
Income |
746
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198
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163
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944
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991
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1,117
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5,160
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| Total
Revenues |
154,135
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58,392
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40,609
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212,527
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154,778
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215047
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161,484
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| 3 |
Expenditure: |
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| a)
Amortisation of Deferred Revenue Expenditure |
645
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271
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114
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916
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468
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916
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468
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| b)
Increase / Decrease in Stock in trade (including Purchases of traded
goods) |
6,889
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11,876
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4,938
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18,775
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7,434
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19,304
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6,910
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| c)
Consumption of Raw Materials |
26,935
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8,050
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4,985
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34,985
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21646
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36,584
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22900
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| d)
Consumption of Stores and Spares |
25,355
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8,278
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4,565
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33,633
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21,266
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33,633
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21,266
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| e)
Power, Fuel and Water Charges |
31,231
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9,929
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9,619
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41,160
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38,350
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41,461
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38,610
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| f)
Personnel Costs |
9,991
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2,456
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2,320
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12,447
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11,655
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12,634
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12,393
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| g)
Excise Duty |
12,615
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4,181
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2,775
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16,796
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11,152
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16,796
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11,153
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| h)
Other Expenditure ( Less than 10% of total expenditure) |
9,916
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3,630
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3,544
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13,546
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12,014
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13,781
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16,019
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123,587
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48,671
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32,860
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172,258
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123,985
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174,809
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129,719
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| 4. |
Profit
before Depreciation |
30,548
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9,721
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7,749
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40,269
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30,793
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40,238
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31,765
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| 5. |
Interest
& financing Charges - Net |
10,641
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3,173
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2,794
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13,814
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11,982
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14,034
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12,178
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| 6. |
Profit
before Depreciation |
19,907
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6,548
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4,955
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26,455
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18,811
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26,204
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19,587
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| 7. |
Depreciation |
9,618
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3,047
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1,881
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12,665
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8,349
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12,942
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8,653
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| 8.
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Profit
Before Taxation |
10,289
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3,501
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3,074
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13,790
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10,462
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13,262
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10,934
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| 9. |
Provision
for Taxation - Estimated :
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Current Tax/MAT |
745
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340
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258
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1,085
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839
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1,086
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865
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Deferred
Tax Liability (Net)
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2,805
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71
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1,379
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2,876
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3,033
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2,876
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3,033
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Excess
Provision for Taxation relating to earlier years written back
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-
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-
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(550)
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(550)
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(1)
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(550)
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3,550
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411
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1,087
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3,961
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3,322
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3,961
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3,348
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| 10. |
Net
Profits after Taxation |
6,739
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3,090
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1,987
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9,829
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7,140
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9,301
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7,586
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Less
: Minority Interest
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-
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45
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Add
: Share of Profits in Associate
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1
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-
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Net
Profit after Taxation , Minority Interests & Share in Associate
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9,302
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7,451
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| 11. |
Paid-up
Equity Share Capital |
12,853
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14,119
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7,155
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14,199
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7,155
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| 12. |
Rights
Application Money pending allotment
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21,708
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-
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21,708
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| 13. |
Reserves
as per Balance Sheet |
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104,694
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69,648
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104,934
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71,438
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| 14.
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Basic
EPS for the Quarter / period/ year
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a)
Before Deferred Tax |
6.43
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2.10
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2.49
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8.53
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7.40
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8.16
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7.71
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b)After
deferred Tax |
4.44
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2.05
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1.42
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6.49
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5.04
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6.12
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5.35
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| 15. |
Diluted
EPS for the Period / Quarter / Year
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4.44
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2.05
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1.42
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6.49
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5.03
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6.12
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5.35
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| 16. |
Aggregate
of Non-Promoter Shareholding: |
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Number
of Shares |
#82,017,240
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#81,997,240
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#51,415,273
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Percentage
of Shareholding |
63.81%
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58.08%
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71.87%
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#
Figures of the Previous period / year have been recast to make them comparable
to the current period / year
| Note
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The
figures for the Current Year include the financial performance of
Unit Bhigwan (erstwhile Bilt Graphic Papers Ltd.(BGPL)) pursuant
to the Scheme of Arrangement and Amalgamation as approved by the
Hon'ble High Courts of Bombay (Nagpur Bench) and Delhi.
The figures for the Nine months ended 31st March,2003 have also
been accordingly recast. The figures for the corresponding quarter
/ year ended 30th June, 2003 are, therefore, not comparable with
the current quarter / year ended 30th June, 2003.
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On
these accounts ,the Auditors'have observed about non-provision of
duty , incidental expenses etc in respect of Plant & Machinery
lying at Port/warehouse, as in earlier years. The Management is
of the opinion that the same is not going to materially affect the
Profit & loss of the Company. |
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During
the quarter ended 30th June, 2003, Janpath Investments & Holdings
Ltd has ceased being a subsidiary of the Company. |
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The
deferred tax liability for the year ended 30th June, 2003 has been
accounted after recognising the effect of appeals decided during
the year in case of the Company and also in case of the erstwhile
BGPL, including the recomputed unabsorbed depreciation and other
elements of the erstwhile BGPL. In terms of Accounting Standard
22, the computation has been made to the extent there is a reasonable
certainity of their realisability in future. |
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EPS
(Basic and Diluted) for the nine months ended 31st March,2003 and
for the quarter and year ended 30th June, 2003, is based on the
enhanced Equity post amalgamation of BGPL with the Company. |
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The
Board has recommended Dividend @ 20% on enhanced Equity Capital(2001-2002
: 20 %) with a total pay out of Rs 31.85 crores as against Rs 25.70
crores for the previous year ,inclusive of dividend tax.
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The
Consolidated Financial Results represent those of the Company ,
its subsidiaries - Bilt Treetech Ltd and The Paperbase Company Ltd
. It also includes effect of financial transactions of Janpath Investments
& Holdings Ltd.and its subsidiaries till the time of their being
subsidiary of the Company.
The results also include share of profits of Associate Company -
APR Packaging Ltd. The Consolidated Financial Results have been
made in accordance with Accounting Standard 21 "Consolidated
Financial Statements" issued by the Institute of Chartered
Accountants of India. |
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Investor
Complaints outstanding at the beginning of the quarter were NIL
, No. of Complaints received and resolved during the quarter ended
30th June,2003 were 12. No. of Complaints outstanding at the end
of the quarter NIL.
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These
results were reviewed by the Audit Committee and approved by the
Board of Directors in its meeting held on 25th August, 2003.
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For
and on behalf of Board of Directors
For Ballarpur Industries Ltd.
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New
Delhi GAUTAM THAPAR
25th August 2003
Vice Chairman & Managing Director
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Sl.no.
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Particulars
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For
the Nine months ended 31.03.03
(Unaudited)
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For
the quarter ended
30.06.03 (Unaudited)
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For
the Quarter ended 30.06.02 (Unaudited)
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For
the year ended 30.06.03 (Audited)
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For
the year ended
30.06.02 (Audited)
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Rs./Lacs
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Consolidated
Results
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Year
ended
30.06.03
(Audited)
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Year
ended
30.06.02
(Audited)
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| 1 |
Segment
Revenues: |
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Writing
& Printing Paper |
66,372
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22,914
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21,024
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89,286
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85,914
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89,286
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85,914
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Coated
Paper |
39,407
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11,828
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1,900
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51,435
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8,700
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51,435
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8,700
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APR
Pulp |
16,342
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3,929
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5,090
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20,271
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18,829
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20,271
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18,829
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Chemicals |
1,286
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444
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696
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1,730
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2,884
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1,730
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2,884
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Others
(including traded goods) |
29,782
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19,079
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11,726
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48,861
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37,460
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51,208
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39,997
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Total |
153,389
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58,194
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40,446
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211,583
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153,787
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213,930
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156,324
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Less
: Inter Segment Revenues |
22,929
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7,470
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8,028
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30,399
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33,143
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30,399
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33,143
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Net
Revenues |
130,460
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50,724
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32,418
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181,184
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120,644
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183,531
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123,181
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| 2 |
Segment
Results(Profit) (+) / Loss(-) |
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Tax
and interest |
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Writing
& Printing Paper |
16,666
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5,634
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5,590
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22,300
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21,655
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22,300
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21,655
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Coated
Paper: |
3,921
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1,022
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158
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4,943
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566
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4,943
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566
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APR
Pulp |
2,326
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510
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558
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2,836
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2,426
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2,836
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2,426
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Chemicals |
(365)
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(115)
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(145)
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(480)
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(501)
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(480)
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(501)
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Others
( including traded goods) |
144
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205
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296
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349
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449
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41
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1,117
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Total |
22,692
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7,256
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6,457
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29,948
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24,595
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29,640
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25,263
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Less:
i) interest |
10,641
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3,173
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2,794
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13,814
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11,982
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14,034
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12,178
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ii)
Other unallocable Expenditure |
1,762
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582
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589
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2,344
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2,151
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2,344
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2,151
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net
of unallocable income |
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Total
Profits before Tax: |
10,289
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3,501
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3,074
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13,790
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10,462
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13,262
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10,934
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| 3 |
Capital
Employed:
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(Segment
Assets - Segment Liabilities) |
As on
31.03.03
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As on
30.06.03
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As on
30.06.02
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As on
30.06.03
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As on
30.06.02
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(
Based on estimates) |
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Writing
& Printing Paper |
123,558
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123,359
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127,693
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123,359
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127,693
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Coated
Paper |
64,090
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64,355
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4,757
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64,355
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4,757
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APR
Pulp |
46,637
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46,416
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46,438
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46,416
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46,438
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Chemicals |
3,623
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3,234
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3,637
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3,234
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3,637
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Others |
19,220
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16,353
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43,016
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16,596
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21,205
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Total |
257,128
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253,717
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225,541
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253,960
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203,730
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| Note
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Consolidated
Segmental Information for the year ended 30th June,2002 excludes
financial numbers of erstwhile BGPL as it had become subsidiary
of the Company as on 30th June, 2002. For the purpose of better
clarity, Segmental Capital Employed as at 30th June, 2002 also excludes
numbers pertaining to erstwhile BGPL. |
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