QUARTERLY RESULT

  
  UNAUDITED FINANCIAL RESULTS FOR
THE QUARTER ENDED 30TH JUNE, 2003		  
     
  S.
 
   (Rs./ Lac)
No.
 PARTICULARS QUARTER ENDED
30/06/2003 (UNAUDITED)		 QUARTER ENDED
30/06/2002 (UNAUDITED)		 YEAR ENDED
31/03/2003 (AUDITED)
1.
 Sales/Income From Operations 4675 3974 18297
2.
 Other Income 5 6 35
3.
 Total Expenditure:
a) (Increase)/Decrease in stock in trade
b) Consumption of Raw Material
c) Staff Cost
d) Excise Duty
e) Other Expenditure
860
2598
103
372
336

(183)
2655
111
479
392

(1,099)
13198
437
2231
1616
4.
 Financial Charges & Interest (Net) 212 207 897
5.
 Depriciation 153 138 574
6.
Profit before tax 46 181 477
7.
Prior Period Interest (Non recurring) - - 64
8.
 Profit after Prior Period Interest but before tax 46 181 413
9.
 Provision for tax - - -
10.
 Net Profit 46 181 413
11.
 Piad up Equity Share Capital (Face value - Rs- 10/- per share) 1080 930 1080
12.
 Reserves excl. revaluation reserves - - 732
13.
 E.P.S. (Rs) Not annualised
- Basic
- Diluted
0.43
0.43
1.95
1.68
4.01
4.01

Notes:

  1. In the absence of reasonable certainty about sufficient future taxable income, it has been considered prudent not to provide for the Net Deferred Tax Assets, under provision of "AS-22" on Accounting Taxes on Income :
  2. The Statutory Auditors had made an observation on the Audited Accounts for the year ended March 31,2003 in respect of interest on Debentures subscribed by UTI. It is clarified that the company has entered into One Time Settlement (OTS) with UTI.
  3. There were no pending investor complaints at the beginning of the quarter. During the quarter ended June 30, 2003, the Company received 6 investor complaints .which have been attended and no complaint remained Unresolved as on June 30, 2003
  4. Previous period figures have been regrouped/reclassified wherever necessary to correspond with the figures for the current period.
  5. The results for the quarter ended July 30, 2003 have been reincurred by the Statutory Auditors and were taken on record by the Board of Directors in the meeting held on January 30,2004
  On behalf of the Board of Directors
for FILATEX INDIA LIMITED
   
Place: New Delhi
Dated:January 30, 2004		 MADHU SUDAN BHAGERIA
VICE CHAIRMAN & MANAGING DIRECTOR

 

  
   
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