| SEGMENT WISE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER, 2012 |
| Rs. in Crore |
| Sr. No. |
Particulars |
Quarter ended |
Half Year ended |
Year ended |
| 30th Sept., 2012 |
30th June, 2012 |
30th Sept., 2011 |
30th Sept., 2012 |
30th Sept., 2011 |
31st March, 2012 |
| |
|
Unaudited |
Unaudited |
Unaudited |
Unaudited |
Unaudited |
Audited |
| 1 |
Segment Revenue |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
a) Gross Sales – Tube |
341.02 |
372.52 |
433.75 |
713.54 |
800.24 |
1,549.80 |
| |
Less : Inter Division |
38.33 |
37.54 |
50.98 |
75.87 |
95.52 |
164.84 |
| |
Excise Duty |
20.47 |
21.71 |
20.64 |
42.18 |
39.67 |
83.20 |
| |
|
__________ |
__________ |
__________ |
__________ |
__________ |
__________ |
| |
Sub total |
282.22 |
313.27 |
362.13 |
595.49 |
665.05 |
1,301.76 |
| |
|
|
|
|
|
|
|
| |
b) Gross Sales – Steel |
293.70 |
351.72 |
368.70 |
645.42 |
714.58 |
1,430.80 |
| |
Less : Inter Segment |
196.68 |
199.55 |
208.80 |
396.23 |
374.63 |
792.72 |
| |
Excise Duty |
10.65 |
16.54 |
15.01 |
27.19 |
31.86 |
60.42 |
| |
|
__________ |
__________ |
__________ |
__________ |
__________ |
__________ |
| |
Sub total |
86.37 |
135.63 |
144.89 |
222.00 |
308.09 |
577.66 |
| |
|
|
|
|
|
|
|
| |
Total Net Sales/ Income from Operations |
368.59 |
448.90 |
507.02 |
817.49 |
973.14 |
1,879.42 |
| |
|
|
|
|
|
|
|
| 2 |
Segment Results |
|
|
|
|
|
|
| |
(Profit after Depreciation & Before Finance Costs |
|
|
|
|
|
|
| |
Foreign Exchange (Gain) / Loss,Unallocable income (net) |
|
|
|
|
|
|
| |
and Tax.) |
|
|
|
|
|
|
| |
a) Tube |
12.10 |
21.92 |
33.67 |
34.02 |
61.67 |
106.56 |
| |
b) Steel * |
1.25 |
14.87 |
16.08 |
16.12 |
36.14 |
54.72 |
| |
|
__________ |
__________ |
__________ |
__________ |
__________ |
__________ |
| |
Total |
13.35 |
36.79 |
49.75 |
50.14 |
97.81 |
161.28 |
| |
Less : Finance Costs |
38.59 |
37.30 |
25.00 |
75.89 |
51.60 |
120.79 |
| |
Foreign Exchange ( Gain) / Loss |
24.95 |
19.15 |
12.45 |
44.10 |
12.34 |
31.52 |
| |
Add : Unallocable Income |
4.86 |
4.07 |
2.39 |
8.93 |
6.77 |
19.69 |
| |
( Net of Unallocable Expenses) |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
Total Profit/ (Loss) Before Tax |
(45.33) |
(15.59) |
14.69 |
(60.92) |
40.64 |
28.66 |
| |
|
|
|
|
|
|
|
| |
Less : Tax Expenses |
(17.12) |
- |
4.20 |
(17.12) |
11.59 |
0.07 |
| |
|
|
|
|
|
|
|
| |
Total Profit/(Loss) After Tax |
(28.21) |
(15.59) |
10.49 |
(43.80) |
29.05 |
28.59 |
| |
|
|
|
|
|
|
|
| 3 |
Capital Employed |
|
|
|
|
|
|
| |
( Segment Assets – Segment Liabilities) |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
a) Tube |
1,376.32 |
1,360.48 |
1,328.49 |
1,376.32 |
1,328.49 |
1,324.81 |
| |
b) Steel |
197.79 |
163.60 |
197.02 |
197.79 |
197.02 |
160.47 |
| |
c) Unallocable |
(1,017.30) |
(1,017.20) |
(881.13) |
(1,017.30) |
(881.13) |
(897.94) |
| |
|
|
|
|
|
|
|
| |
| |
|
| |
* Includes profit on steel captively consumed by Tube Segment |
| |
| Statement of Assets and Liabilities |
| Rs. in Crore |
| |
|
|
| Sr. No. |
Particulars |
As at
30th Sept, 2012 |
As at
31st March, 2012 |
| |
|
|
|
| A |
EQUITY AND LIABILITIES |
|
|
| |
|
|
|
| 1 |
Shareholders' Funds |
|
|
| |
a) Share Capital |
73.25 |
73.25 |
| |
(b) Reserves and Surplus |
483.55 |
514.10 |
| |
Sub -Total Shareholders' funds |
556.80 |
587.35 |
| |
|
|
|
| 2 |
Non - Current Liabilities |
|
|
| |
a) Long Term Borrowings |
845.32 |
869.39 |
| |
b) Deferred Tax Liabilities (Net) |
58.11 |
75.23 |
| |
c) Long Term Provisions |
5.83 |
5.30 |
| |
Sub - Total - Non Current Liabilities |
909.26 |
949.92 |
| |
|
|
|
| 3 |
Current Liabilities |
|
|
|
a) Short Term Borrowings |
280.93 |
115.08 |
| |
b) Trade Payables |
584.27 |
591.75 |
| |
c) Other Current Liabilities |
599.14 |
588.47 |
| |
d) Short Term Provisions |
16.17 |
16.66 |
| |
Sub - Total - Current Liabilities |
1,480.51 |
1,311.96 |
| |
|
|
|
| |
|
|
|
| |
TOTAL EQUITY AND LIABILITIES
|
2,946.57 |
2,849.23 |
| |
|
|
|
| B |
ASSETS
|
|
|
| |
|
|
|
| 1 |
Non - Current Assets |
|
|
| |
a) Fixed Assets |
1,420.41 |
1,426.59 |
| |
b) Non-Current Investment |
56.39 |
48.47 |
| |
c) Long Term Loans and Advances |
16.63 |
14.55 |
| |
d) Other Non Current Assets |
98.04 |
98.15 |
| |
Sub - Total - Non - Current Assets |
1,591.47 |
1,587.76 |
| |
|
|
|
| |
|
|
|
| 2 |
Foreign Currency Monetary Item |
6.08 |
5.02 |
| |
Translation difference Account |
|
|
| |
|
|
|
| 3 |
Current Assets |
|
|
| |
a) Current Investment |
- |
1.50 |
| |
b) Inventories |
545.87 |
491.63 |
| |
c) Trade Receivables |
384.88 |
411.75 |
| |
d) Cash and Bank Balances |
145.20 |
89.98 |
| |
e) Short Term Loans and Advances |
144.61 |
140.33 |
| |
f) Other Current Assets |
128.46 |
121.26 |
| |
Sub - Total - Current Assets |
1,349.02 |
1,256.45 |
| |
|
|
|
| |
Total Assets |
2,946.57 |
2,849.23 |
|
