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ORIENT PAPER & INDUSTRIES LTD.
[Regd. Office : Unit VIII, Plot 7, Bhoinagar, Bhubaneswar - 751012 (Orissa)]
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| Unaudited Financial Results for the quarter ended 30th June,2011 |
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(Rs. In lacs )
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Sl.
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P a r t i c u l a r s
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Quarter Ended
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Year Ended
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No.
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30.06.2011
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30.06.2010
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31.03.2011
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( Unaudited )
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( Unaudited )
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(Audited)
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1
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Gross Sales/Income from Operations
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59380.89
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49387.75
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217500.75
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Less : Excise duty
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5986.95
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5228.73
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21603.21
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(a) Net Sales/Income from Operations
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53393.94
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44159.02
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195897.54
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(b)Other Operating Income
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1302.94
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763.85
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3038.56
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Total Income
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54696.88
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44922.87
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198936.10
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2
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Expenditure
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45181.12
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38900.72
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174534.96
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(a) Increase (-) / decrease (+) in Stock in trade and work-in-
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(3997.92)
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progress
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(293.08)
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397.43
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(b) Purchases of Traded Goods
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2846.11
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2114.32
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9068.61
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(c) Consumption of raw materials
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17779.15
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12604.90
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60923.89
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(d) Consumption of Stores , Chemicals & Spares
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1387.04
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649.04
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6094.52
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(e) Power & Fuel
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8499.94
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8365.43
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32993.39
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(f) Employees Cost
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3516.22
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2841.49
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11914.09
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(g) Packing, Freight & Forwarding Charges
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7285.05
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6390.15
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25683.63
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(h) Depreciation
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2131.82
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1918.13
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8148.20
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(i) Other Expenditure
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5733.71
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4310.34
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19311.20
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3
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Profit from Operations before Other Income, Interest & tax (1-
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9515.76
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6022.15
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24401.14
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2)
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4
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Other Income
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150.79
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114.32
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727.59
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5
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Profit before Interest & tax (3+4)
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9666.55
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6136.47
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25128.73
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6
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Interest
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929.45
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1007.36
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4177.61
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7
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Profit from Ordinary Activities before tax (5-6)
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8737.10
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5129.11
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20951.12
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8
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Tax Expenses
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Current Tax
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2,649.00
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1328.00
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4239.97
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MAT Credit Entitlement
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-
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-
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(107.00)
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Deferred Tax
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150.44
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377.03
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2507.70
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9
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Net Profit from Ordinary Activities after tax (7-8)
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5937.66
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3424.08
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14310.45
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Paid-up Equity Share Capital (Face Value per share : Re.1/-
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10
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1928.77
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1928.76
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1928.77
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each)
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11
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Reserves excluding Revalution Reserve
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85670.60
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12
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Earning per share (EPS) (Face value of Re.1/- each))
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Basic
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3.08
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1.77
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7.42
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Diluted
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3.03
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1.77
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7.41
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13
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Aggregate of Public Shareholding
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- Number of shares
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128054848
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127956808
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128054848
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- Percentage of shareholding
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66.39%
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66.34%
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66.39%
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14
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Promoters and Promoter Group Share Holding
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a)
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Pledged / Encumbered
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Number of shares
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Nil
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Nil
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Nil
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Percentage of shares (as % of the total shareholding of
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Nil
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promoter and promoter group)
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Nil
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Nil
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Percentage of shares (as % of the total share capital of the
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Nil
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company)
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Nil
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Nil
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b)
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Non- Encumbered
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Number of shares
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64829922
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64927962
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64829922
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Percentage of shares (as % of the total shareholding of
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promoter and promoter group)
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100%
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100%
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100%
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Percentage of shares (as % of the total share capital of the
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33.61%
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33.66%
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33.61%
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company)
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Notes :-
- Limited Review of the above quarterly results has been carried out by the statutory auditors of the Company.
- There were no investor complaints at the begining and the close of the quarter. The Company had received five complaints during the quarter, which were resolved during the quarter.
- There were no exceptional and extraordinary items during the quarter ended 30th June '2011.
- Provision against demand for Water Tax, which had been referred to by the auditors in their report on accounts for the year ended 31st March, 2011, has been paid / provided to the extent of liablity admitted by the Company for the period upto April,2009 i.e. the period prior to new agreement effective from May,2009 entered into with the Water Resources Department. No provision against the balance demand of Rs. 18168.26 lacs has been made since the Company's application for waiver thereof is under consideration by the government of Madhya Pradesh.
- The Board of Directors of the Company has decided to demerge the Cement undertaking of the Company by transferring the same on a going concern basis to a newly formed wholly owned subsidiary namely Orient Cement Limited through a scheme of arrangement w.e.f. 1st April, 2012, subject to approval of the court & shareholders and other regulatory approvals.
- Previous period figures have been regrouped / rearranged wherever necessary.
- The above results were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on 27th July, 2011.
Segment wise Revenue, Results and Capital Employed under Clause 41 of the Listing Agreement
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Sl.
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P a r t i c u l a r s
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Quarter Ended
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Year Ended
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No.
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30.06.2011
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30.06.2010
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31.03.2011
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( Unaudited )
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( Unaudited )
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(Audited)
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1
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Segment Revenue :
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31668.17
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28432.77
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103324.13
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a) Cement
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b) Paper & Board
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5076.24
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2143.30
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27736.48
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c) Electrical Consumer Durables
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16485.27
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13474.39
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64226.21
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d) Others
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164.26
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108.56
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610.72
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Total
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53393.94
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44159.02
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195897.54
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Less : Inter Segment Revenue
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-
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-
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Net Sales/Income from Operations
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53393.94
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44159.02
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195897.54
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2
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Segment Results : (Profit (+)/Loss(-) before interest
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& Tax from each segment):
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a) Cement
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10918.30
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7750.63
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23310.68
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b) Paper & Board - Amlai
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(2,168.20)
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(2212.52)
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(2849.64)
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- Brajrajnagar *
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(119.97)
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(119.00)
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(480.23)
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(2,288.17)
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(2331.52)
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(3329.87)
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c) Electrical Consumer Durables
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1207.00
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958.23
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5731.15
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d) Others
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10.33
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9.15
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70.79
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Total
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9847.46
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6386.49
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25782.75
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Less :
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929.45
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1007.36
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4177.61
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(i)Interest
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(ii) Other un-allocable expenditure
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180.91
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250.02
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654.02
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net of un-allocable income
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Profit Before Tax
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8737.10
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5129.11
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20951.12
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3
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Capital Employed :
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99500.17
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90205.69
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93600.01
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a) Cement
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b) Paper & Board
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33700.53
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30887.57
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32733.64
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c) Electrical Consumer Durables
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19450.65
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10921.33
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20493.06
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d) Others
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108.07
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67.93
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98.99
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Total
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152759.42
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132082.52
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146925.70
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MUMBAI
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By Order of the Board
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July 27th, 2011
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for ORIENT PAPER & INDUSTRIES LTD.
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Shown separately since the unit is non - operational. |
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NEWS
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| Key Financial Highlights (Quarter ended 31-12-2023) |
- Total income Rs. 20,705 Lakhs as against Rs. 25,429 Lakhs last year.
- PBIDT Rs. 2,111 Lakhs as against Rs. 6,995 Lakhs last year.
- Profit before tax Rs. 109 Lakhs as against Rs. 6,084 Lakhs last year.
- Profit after tax Rs. (-) 322 Lakhs as against Rs. 3,951 Lakhs last year.
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