AUDITED
FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2008
(Rs.
in lakhs)
Year
ended
31.03.2008
Year
Ended
31.03.2007
Net
Sales
Other Income
24377.59
304.48
22702.44
298.77
TOTAL
INCOME
24682.07
23001.21
Expenditure
a) Increase (-) / decrease (+) in stock
b) Purchase of traded goods
c) Staff Cost
d) Depreciation
e) Other expenditure
206.87
21267.56
710.79
61.79
688.66
- 163.13
20148.55
626.91
62.90
688.76
Total
22935.67
21363.99
Interest
-1.72
- 2.14
Profit
before Tax
1748.12
1639.36
Tax expense
548.32
546.00
Profit
after Tax
1199.80
1093.36
Paid-up
Equity Share Capital(Face value of Rs.10/- each)
Reserves excluding Revaluation Reserves
415.98
8125.02
415.98
7387.56
Earnings
per Share (Rs.) – Basic & Diluted
28.84
26.28
Public
shareholding
- Number of shares
- Percentage of shareholding
2207060
53.05 %
2207060
53.05 %
Notes
1
The
company operates in only one segment, viz., Sale &
Distribution of automotive spares
2
Previous
year’s figures have been regrouped wherever necessary,
to make them comparable.
3
The above
results were approved at the Board Meeting held on 8th
July 2008.
4
The Board
of Directors have declared an Interim dividend of Rs.9.50
per equity share of Rs.10/- each, absorbing a sum of Rs.462.34
lakhs (including a dividend distribution tax of Rs.67.16
lakhs) for the year ended 31.03.2008.
5
No investor
complaints were received during the quarter and none was
pending at the beginning or end of the quarter.
Chennai
Date: 8th July, 2008
For
and on behalf of the Board N KRISHNAN Managing Director
This
site is best Viewed in Microsoft Internet Explorer 5 and above
at 800 x 600 resolution.
