Investor Relations
Unaudited Financial Results For The Quarter Ended 31st March, 2009
   
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    Rs. in Crore Rs. in Crore Rs. in Crore Rs. in Crore
Sr. No. Particulars 3 Months Ended 31/03/2009 Corresponding 3 Months Ended In The Previous Year 31/03/2008 Year Ended 31st March, 2009 Year Ended 31st March, 2008
     Unaudited Unaudited Unaudited Audited
1 Gross Sales/ Income from Operations 421.89 523.30 2308.48 2051.24
   
  Less : Inter Segment Transfers 146.73 167.75 799.57 637.36
     Inter Division Transfers 14.30 29.50 103.35 102.28
    Excise Duty 17.70 32.35 121.04 131.89
   
  (a) Net Sales/ Income from Operations 243.16 293.70 1284.52 1179.71
  (b) Other Operating Income 1.73 2.24 16.61 11.83
  Total Income (a+b) 244.89 295.94 1301.13 1191.54
   
2. Expenditure
  (a) (Increase) / Decrease in Stock-in-trade and 6.13 (12.02) (9.73) (0.72)
  Work in progress        
  (b) Consumption of Raw Materials 106.32 157.10 653.68 570.44
  (c) Direct Expenditure :        
  (i) Energy 32.86 44.73 170.83 173.64
  (ii)Other Direct Expenditure 24.30 37.72 157.28 152.28
  (d) Employees Costs 21.10 21.45 76.96 73.35
  (e) Depreciation & Amortisation 13.95 13.97 55.55 55.29
  (f) Other Expenditure 4.08 3.65 14.41 15.29
  (g)Total ( a to f ) 208.74 266.60 1118.98 1039.57
   
3 Profit from Operations before Other Income , Interest and Finance Charges (1-2) 36.15 29.34 182.15 151.97
4 Other Income 3.43 14.91 13.35 18.37
5 Profit before Interest and Finance Charges ( 3+4) 39.58 44.25 195.50 170.34
6 Interest and Finance Charges 22.58 12.07 82.57 66.50
   
7 Profit after Interest and Finance Charges but before 17.00 32.18 112.93 103.84
  Foreign Exchange (Gain)/ Loss and tax (5-6)        
8 Foreign Exchange (Gain) / Loss 4.03 0.26 49.73 (22.26)
9 Profit from Ordinary Activities before tax (7- 8) 12.97 31.92 63.20 126.10
10 Tax expenses 0.50 0.15 0.99 26.06
11 Net Profit from Ordinary Activities after tax (9-10) 12.47 31.77 62.21 100.04
           
12 Paid-up Equity Share Capital (Face Value of Rs.5/- per share) 73.25 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) 0.85 2.17 4.25 6.92
15 Public Shareholding        
  Number of Shares 71710239 73700958 71710239 73700958
  Percentage of Shareholding 48.95% 50.31% 48.95% 50.31%
           
16 Promoters and promoter group shareholding        
  (a) Pledged / Encumbered        
  Number of Shares 6909362 - 6909362 -
  Percentage of Shares ( as a % of the total shareholding of promoter 9.24% - 9.24% -
  and Promoter group )        
  Percentage of Shares ( as a % of the total share capital of the 4.72% - 4.72% -
  company )        
  (b) Non - Encumbered        
  Number of Shares 67881782 - 67881782 -
  Percentage of Shares ( as a % of the total shareholding of promoter 90.76% - 90.76% -
  and Promoter group )        
  Percentage of Shares ( as a % of the total share capital of the 46.33% - 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 and year Ended as on 31st March,2009, the Company has not utilised any amount out of the proceeds from Foreign
  Currency Convertible Bonds towards objects of the issue.
3 The Board of Directors at their meeting held on 30th March, 2009 has declared Interim dividend @ Rs. 0.50 per Equity Share for the financial
year 2008-09 .
4 As at the beginning and end of the Quarter there were no outstanding investor complaints. During the Quarter,16 investor complaints were
  received and same were redressed.
5 Tax expenses do not include provision for deferred tax for the current quarter and year Ended as on 31st March,2009,the same shall be
  reviewed in the Audited accounts .
6 The Company has accounted the exchange differences on foreign currency monetary items in terms of the amEnded Accounting Standard
  ( AS -11) as notified by Government of India.
7 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 April,2009 .
   
   
 
 
  For ISMT Limited
   
Place : Pune Rajiv Goel
Date : 30th April, 2009 Chief Financial Officer
 
 
   
 
 
 
 
 
 
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