Investor Relations
Unaudited Financial Results For The Quarter Ended 30th June, 2009
   
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    Rs. in Crore Rs. in Crore Rs. in Crore
Sr. No. Particulars 3 months Ended 30/06/2009 Corresponding 3 months Ended in the previous year 30/06/2008 Year Ended 31st March, 2009
         Unaudited
1 Gross Sales/ Income from Operations 418.97 573.29 2308.48
   
  Less : Inter Segment Transfers 128.35 176.37 799.57
     Inter Division Transfers 16.50 23.73 103.35
    Excise Duty 18.20 36.73 121.04
   
  (a) Net Sales/ Income from Operations 255.92 336.46 1284.52
  (b) Other Operating Income 1.02 3.09 16.61
  Total Income (a+b) 256.94 339.55 1301.13
   
2. Expenditure
  (a) (Increase) / Decrease in Stock-in-trade and (10.47) 1.30 (9.74)
  Work in progress      
  (b) Consumption of Raw Materials 111.64 190.49 653.68
  (c) Direct Expenditure :      
  (i) Energy 43.06 46.05 170.83
  (ii)Other Direct Expenditure 34.22 34.91 157.28
  (d) Employees Cost 19.07 18.59 76.96
  (e) Depreciation & Amortisation 13.90 13.84 55.55
  (f) Other Expenditure 3.65 2.51 14.42
  (g)Total ( a to f ) 215.07 307.69 1118.98
   
3 Profit from Operations before Other Income ,
Interest and Finance Charges (1-2)
41.87 31.86 182.15
4 Other Income 1.42 6.59 13.35
5 Profit before Interest and Finance Charges ( 3+4) 43.29 38.45 195.50
6 Interest and Finance Charges 19.96 16.93 82.57
   
7 Profit after Interest and Finance Charges but before 23.33 21.52 112.93
  Foreign Exchange (Gain)/ Loss and tax (5-6)      
8 Foreign Exchange (Gain) / Loss (1.24) 11.38 49.73
9 Profit from Ordinary Activities before tax (7- 8) 24.57 10.14 63.20
10 Tax expenses -- 0.09 0.99
11 Net Profit from Ordinary Activities after tax (9-10) 24.57 10.05 62.21
         
12 Paid-up Equity Share Capital (Face Value of Rs.5/- per share) 73.25 73.25 73.25
13 Reserves excluding Revaluation Reserves as per - - 463.39
Balance Sheet of previous accounting year.      
14 Earnings per share
  Basic Earnings per Share (Rs) ( not annualised) 1.68 0.69 4.25
15 Public Shareholding      
  Number of Shares 71665840 73808802 71710239
  Percentage of Shareholding 48.92% 50.38% 48.95%
         
16 Promoters and promoter group shareholding      
  (a) Pledged / Encumbered      
  Number of Shares 3600000 N.A. 6909362
  Percentage of Shares ( as a % of the total shareholding of promoter 4.81% N.A. 9.24%
  and Promoter group )      
  Percentage of Shares ( as a % of the total share capital of the 2.46% N.A. 4.72%
  company )      
  (b) Non - Encumbered      
  Number of Shares 71235543 N.A. 67881782
  Percentage of Shares ( as a % of the total shareholding of promoter 95.19% N.A. 90.76%
  and Promoter group )      
  Percentage of Shares ( as a % of the total share capital of the 48.62% N.A. 46.33%
  company )      
         
  Notes :
   
1 The Company is primarily a Seamless tube producer with captive steel making facilities.However in order to comply with Accounting Standard
  ( AS) 17, the Company is classifying Steel also as a separate Segment.
2 During the current quarter Ended on 30th June,2009, the Company has not utilised any amount out of the proceeds from Foreign Currency
  Convertible Bonds towards objects of the issue.
3 The Company has adopted the amEnded Accounting Standard ( AS-11 ) as notified by Government of India. The exchange differences on
foreign currency monetary items are being accounted on pro -rata basis in the current and balance quarters. Similarly the Company has
  followed standard cost for valuation of raw material , work in progress and finished goods to even out the volatility in metallic prices.
4 Provision for deferred tax for the current quarter has not been considered and the same shall be reviewed in final accounts.
5 As at the beginning and end of the Quarter there were no outstanding investor complaints. During the Quarter 11 investor complaints were
  received and same were redressed .
6 The comparative figures are regrouped and reclassified to meet the current quarter's classification.
 
 
  The above results were reviewed by the Audit committee and have been taken on record by the Board of Directors at their meeting
  held on 30th July,2009 .
   
   
 
 
  For ISMT Limited
   
Place : Pune Rajiv Goel
Date : 30th June, 2009 Chief Financial Officer
 
 
   
 
 
 
 
 
 
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