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Home > Financial Results > Quarterly Results
Ballarpur Industries Limited
Unaudited Consolidated Financial Results for the Quarter / Nine Months Ended 31st March 2006
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Rs./Lacs |
Sl.
No. |
Particulars |
For the
Quarter
Ended
31.03.06
(Unaudited) |
For the
Quarter
Ended
31.03.05
(Unaudited) |
For the
Nine Months
Ended
31.03.06
(Unaudited) |
For the
Nine Months
Ended
31.03.05
(Unaudited)
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For the
Year
ended
30.06.05
(Audited)
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| 1 |
Sales including Excise Duty |
56,768 |
49,916 |
155,257 |
147,210 |
199,753 |
| 2 |
Other Income |
218 |
151 |
625 |
513 |
965 |
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56,986 |
50,067 |
155,882 |
147,723 |
200,718 |
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| 3 |
Expenditure : |
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(a) Amortisation of Deferred Revenue Expenditure |
304 |
299 |
890 |
858 |
1,168 |
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(b) (Increase)/Decrease in Stock in trade
(Including purchase of traded goods) |
2,360 |
2,540 |
6,378 |
6,899 |
11,478 |
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(c) Consumption of Raw Materials |
13,499 |
10,910 |
34,117 |
31,760 |
42,588 |
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(d) Consumption of Stores & Spares |
8,636 |
7,928 |
24,125 |
23,425 |
31,466 |
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(e) Power, Fuel & Water Charges |
6,156 |
5,766 |
17,119 |
16,659 |
22,517 |
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(f) Personnel Cost |
3,358 |
3,165 |
9,743 |
9,130 |
12,354 |
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(g) Excise Duty |
5,553 |
4,877 |
16,525 |
15,375 |
20,676 |
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(h) Other Expenditure |
3,389 |
2,924 |
9,738 |
9,149 |
12,458 |
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Total |
43,255 |
38,409 |
118,635 |
113,255 |
154,705 |
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| 4 |
Profit before Interest and Depreciation |
13,731 |
11,658 |
37,247 |
34,468 |
46,013 |
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| 5 |
Interest & Financing Charges - Net |
2,497 |
2,717 |
7,304 |
8,343 |
11,040 |
| 6 |
Profit before Depreciation |
11,234 |
8,941 |
29,943 |
26,125 |
34,973 |
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| 7 |
Depreciation |
4,156 |
3,573 |
11,503 |
10,808 |
14,319 |
| 8 |
Profit before Taxation |
7,078 |
5,368 |
18,440 |
15,317 |
20,654 |
| 9 |
Provision for Taxation - Estimated : |
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Current Tax / MAT(Net) |
596 |
421 |
1,551 |
1,201 |
1,592 |
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Deferred Tax Liability (Net) |
763 |
526 |
1,897 |
1,352 |
2,204 |
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Fringe Benefit Tax |
113 |
- |
223 |
- |
45 |
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1,472 |
947 |
3,671 |
2,553 |
3,841 |
| 10 |
Net Profit after Taxation, Share in Associate
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5,606 |
4,421 |
14,769 |
12,764 |
16,813 |
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Less:Minority Interest |
- |
- |
- |
- |
- |
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Add :Share of Profit in Associate |
7 |
22 |
104 |
59 |
75 |
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Net Profit after Taxation,Minority Interest & Share in Associates |
5,613 |
4,473 |
14,873 |
12,823 |
16,888 |
| 11 |
Paid up Equity Share Capital |
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16,245 |
| 12 |
Reserves as per last Balance Sheet |
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133,067 |
| 13 |
Basic EPS for the Quarter / Nine Months / Year
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a) Before Deferred Tax |
3.92 |
3.03 |
10.24 |
8.66 |
11.71 |
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b) After Deferred Tax |
3.45 |
2.71 |
9.07 |
7.83 |
10.36 |
| 14 |
Diluted EPS for the Quarter /Nine Months/Year |
2.95 |
2.49 |
7.78 |
7.16 |
9.49 |
| 15 |
Aggregate of Non-Promoter Shareholding : |
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- Number of Shares |
91,950,092 |
99,302,940 |
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- Percentage of Shareholding |
56.61% |
61.14% |
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Notes:
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The diluted EPS has been calculated after factoring in the enhanced equity post likely conversion of FCCB issued in July’05. |
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The company has acquired entire outstanding equity capital of APR Packaging Ltd in January 2006, making it a 100% subsidiary. |
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The consolidated results reflect the performance of Ballarpur Industries Ltd and BILT Tree Tech Ltd (subsidiary) for a period of nine months and for APR Packaging Ltd (100% subsidiary) for the period from 25th January 2006 to 31st March 2006. 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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Pursuant to the Board approval dated 24th January, 2006, the Company had filed 2 separate Schemes of Arrangement before the Hon'ble High Court of Mumbai for approval of amalgamation of APR Packaging Limited with BILT and for the hive off of the assets pertainng to the Power Division and the Real Estate undertaking. The said Schemes, subject to the requisite approvals, will be effective from the appointed date of 1st April, 2006.
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The Board also noted the decision of Mr. L M Thapar to step down as Chairman of the Company, w.e.f. 1st July, 2006 and approved the appointment of Mr. Gautam Thapar, presently the Vice Chairman & Managing Director of the Company, as Chairman w.e.f. 1st July, 2006.
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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 31st March, 2006 were 1. No. of Complaints outstanding at the end of the quarter were 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 April, 2006.
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The results have been reviewed by the Auditors of the Company.
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New Delhi
25th April 2006
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For and on behalf of Board of Directors
For Ballarpur Industries Ltd.
GAUTAM THAPAR
Vice Chairman & Managing Director |
Quarterly Reporting on Segment Wise Revenues, Results and Capital Employed under Clause 41 of the Listing Agreement
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Rs./Lacs |
Sl.
No. |
Particulars |
For the
Quarter
Ended
31.03.06
(Unaudited) |
For the
Quarter
Ended
31.03.05
(Unaudited) |
For the
Nine Months
Ended
31.03.06
(Unaudited) |
For the
Nine Months
Ended
31.03.05
(Unaudited)
|
For the
Year
ended
30.06.05
(Audited)
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| 1 |
Segment Revenues |
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Paper |
41,923 |
38,722 |
124,948 |
117,905 |
158,489 |
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Paper Products & Office Supplies |
4,916 |
580 |
6,942 |
1,667 |
2,318 |
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Pulp |
7,124 |
6,845 |
15,096 |
19,087 |
24,885 |
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Others |
2,805 |
3,769 |
8,271 |
8,551 |
14,061 |
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Total |
56,768 |
49,916 |
155,257 |
147,210 |
199,753 |
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| 2 |
Segment Results - Profit /(Loss) before Tax and Interest |
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Paper |
8,967 |
8,147 |
25,755 |
24,224 |
32,362 |
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Paper Products & Office Supplies |
870 |
171 |
1,461 |
454 |
624 |
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Pulp |
294 |
360 |
216 |
752 |
1,030 |
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Others
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(61) |
(28) |
(178) |
(105) |
(146) |
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Total
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10,070 |
8,650 |
27,254 |
25,325 |
33,870 |
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Less: i) Interest
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2,497 |
2,717 |
7,304 |
8,343 |
11,040 |
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ii) Other un - allocable expenditure |
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net of un - allocable income
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495
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565 |
1,510 |
1,665 |
2,176 |
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Total Profit before Tax
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7,078 |
5,368 |
18,440 |
15,317 |
20,654 |
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| 3 |
Capital Employed
(Segment Assets - Segment Liabilities)
(Based on reasonable estimates ) |
As on
31.03.06
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As on
31.03.05
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As on
30.06.05
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Paper
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230,978 |
228,201 |
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222,402 |
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Paper Products & Office Supplies
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28,912 |
3,141 |
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3,203 |
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Pulp |
45,373
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47,856 |
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45,714 |
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Others** |
28,390
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15,224 |
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14,739 |
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Total
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333,653 |
294,422 |
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286,058 |
** Others include Rs 226.11 Cr of new FCCB issue kept in deposit account.
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