| EIMCO ELECON ( INDIA) LTD | ||||||
| Audited Financial Results for the year ended on 31st March 2007 | ||||||
| Rs in Lacs | ||||||
| For the | For the | For the | For the | For the | ||
| period | period | period | Year | Year | ||
| 1-4-06 | 1-1-07 | 1-1-06 | Ended | Ended | ||
| to | to | to | ||||
| 31-12-2006 | 31-03-2007 | 31-03-2006 | 31-03-2007 | 31-03-2006 | ||
| (Unaudited) | (Unaudited) | (Unaudited) | (Audited) | (Audited) | ||
| 1 | Net Sales/Income from operations | 6971.04 | 2622.20 | 2862.63 | 9593.24 | 9117.26 |
| 2 | Other Income | 162.43 | 141.38 | 70.39 | 303.81 | 199.90 |
| Total Income | 7133.47 | 2763.58 | 2933.02 | 9897.05 | 9317.16 | |
| 3 | Total Expenditure | 5448.45 | 2120.26 | 2271.17 | 7568.71 | 7130.32 |
| a)(Increase)/decrease in stock in Trade | 386.71 | -0.53 | 185.64 | 386.18 | (459.90) | |
| b)Consumption of Raw-materials | 3031.89 | 1116.89 | 1177.65 | 4148.78 | 4539.75 | |
| c)Staff costs | 361.46 | 171.23 | 146.27 | 532.69 | 480.75 | |
| d)Compensation to Distributors | 905.32 | 434.73 | 367.92 | 1340.05 | 1322.49 | |
| e)Others | 763.07 | 397.94 | 393.69 | 1161.01 | 1247.23 | |
| 4 | Interest | 206.58 | 66.78 | 73.84 | 273.36 | 274.30 |
| 5 | Depreciation | 568.05 | 196.45 | 185.91 | 764.50 | 670.22 |
| 6 | Profit Before Tax(1+2-3-4-5) | 910.39 | 380.09 | 402.10 | 1290.48 | 1242.32 |
| 7 | Provision for Taxation | |||||
| - Current | 352.00 | 159.00 | 105.00 | 511.00 | 325.00 | |
| - Deferred tax | -53.00 | -46.41 | 25.20 | -99.41 | 82.98 | |
| - Fringe Benefit Tax | 5.24 | 5.76 | 2.51 | 11.00 | 10.30 | |
| 8 | Net Profit(6-7) | 606.15 | 261.74 | 269.39 | 867.89 | 824.04 |
| 9 | Paid-up equity share capital | 576.83 | 576.83 | 576.83 | 576.83 | 576.83 |
| 10 | Reserves excluding revaluation | |||||
| reserves(as per Balance sheet) | 9038.27 | 8406.59 | ||||
| 11 | EPS | 10.51 | 4.54 | 4.67 | 15.05 | 14.29 |
| 12 | Aggregate of Public | |||||
| shareholding | ||||||
| - Number of shares | 1557815 | 1557815 | 1554515 | 1557815 | 1554515 | |
| - Percentage of shareholding | 27.01 | 27.01 | 26.95 | 27.01 | 26.95 | |
| Note: | ||||||
| 1)The above financial results were reviewed by Audit Committee and approved by the | ||||||
| Board of Directors at its meeting held on 11th May 2007. | ||||||
| 2) Previous period figures have been regrouped/rearranged wherever necessary. | ||||||
| 3) The Board has recommended a dividend of 35% for the financial year 2006-07 | ||||||
| 4) The company had no investor complaint pending at the beginning of the quarter | ||||||
| During the quarter, one complaint was received which was attended, replied and resolved and | ||||||
| therefore there is no pending complaint at the end of quarter on 31.03.2007 | ||||||
| 5) The Company has only one reportable business segment i.e.Machinery and Spares | ||||||
| Place: Mumbai | By order of the Board | |||||
| Date: 11th May 2007 | ||||||
| A.M.Deshpande | ||||||
| Whole Time Director | ||||||