Scrip_cd: 526839 Audited: Audited Result Type: Q Date Begin: 01-Jan-16 Date End: 31-Mar-16 # (Rs Millions) Net Sales: 11.60 Other Income: 0.38 Expenditure: -12.09 Interest: 0.00 Profit (+)/ Loss (-) from Ordinary Activities before Tax: -0.11 Tax: 0.95 Net Profit (+)/ Loss (-) from Ordinary Activities after Tax: 0.85 Extraordinary Items: 0.00 Net Profit: 0.85 Equity Capital: 35.66 Reserves: 0.00 EPS (in Rs): 0.24 Number of Public Shareholding: 0.00 Percentage of Public Shareholding: 0.00 Exceptional Item: 0.00 Face Value (in Rs): 10.00 Profit from Operations before Other Income, Interest and Exceptional Items: -0.49 Profit before Interest and Exceptional Items: -0.11 Profit after Interest but before Exceptional Items: -0.11 % of the total of promoter & promoter group: 0.00 % of the total share capital of the company: 0.00 Non-encumbered Number of Shares: 0.00 % of the total of promoter & promoter group: 0.00 % of the total share capital of the company: 0.00 Stock Market Quotes, Business News, Financial News from http://commodity-market-news.com
1. The above Audited Financial Results were approved by the Board of Directors of the Company at its Meeting held on May 27, 2016 after being reviewed by the Audit Committee on even date.
2. In view of the ongoing discussion with the Bank with respect to One Time Settlement of the dues, the Company has not considered interest on the State Bank Of India Borrowings for the quarter, ended March 31, 2016 for an amount of Rs.154.64 Lac and the Cumulative Interest for the year ended on March 31, 2016 amounts to Rs.589.17 Lac.
3. MES (Military Engineer Service), Kolkata Zone has cancelled the Contracts awarded to the Company for “Provision of Infrastructure for setting up Permanent Naval SSB at NCB, Diamond harbor, Kolkata” and Provision of technical building, ADM Block, Guard House and Married Accommodation for Officers, Sailors, MES Key Personnel and Civilians at Haldia on 25.07.2014 & 30.07.2014 respectively. The Company has already initiated appropriate legal proceedings against the said cancellation by MES. Effect of the dispute arising out of the above is not ascertainable at this stage.
4. Previous Years/ period’s figures have been re-grouped/ re-arranged where necessary.
Whole Time Director