RAMKRISHNA FORGINGS LIMITED.
Regd. Office:16, Camac Street 6th Floor.Kolkata-700017
Audited Financial Results for the Year ended 31st March,2007

  ( Rs.in Lakhs)
    Unaudited  Unaudited Audited
Serial   Nine months  Quarter Ended      Year Ended
No. Particulars 31.12.2006 31.03.07 31.03.06 31.03.07 31.03.06
  INCOME          
1 Sales/ Income from Operations:          
  Domestic 11134.43 4780.63 3029.76 15915.06 9894.84
  Export 959.47 347.73 209.93 1307.20 892.47
    12093.90 5128.36 3239.69 17222.26 10787.31
  Less: Excise Duty 1391.60 673.40 392.55 206500 1307.06
  Net Sales/ Income from Operations 10702.30 4454.96 2847.14 15157.26 9480.25
2 Other Income 17.89 37.70 12.16 55.59 24.49
3 EXPENDITURE:          
          a) (Increase)/ Decrease in 
Stock in Trade		 (268.15) (6.02) (9.62) (262.13) (309.17)
          b) Consumption of Raw Material 5811.39 2328.92 1359.64 8140.31 4955.91
          c) Staff Cost 492.97 156.50 131.71 649.47 453.37
          d) Fuel & Electric Charge 868.60 330.12 268.93 1198.72 842.95
          e) Other Expenditure 1785.05 835.92 535.42 2620.97 1664.53
4 Interest 268.95 7140 93.45 340.35 293.43
5 Depreciation 272.90 142.81 87.07 415.71 299.36
6 Profit Before tax 1488.48 620.97 392.70 2109.45 1304.36
7 Provision for Taxation          
  Current Tax including Fringe 361.30 21.15 89.25 382.45 322.25
  Benefit Tax          
  Deffered Tax 109.00 230.25 56.23 339.05 131.23
8 Net Profit  / ( Loss) 1018.18 369.77 247.22 1387.95 850.88
9 Paid up Equity Share Capital
( Face Value of Rs.10 each)		 1519.92 1519.92 1519.92 1519.92 1519.92
10 Reserves excluding       5681.64 4471.34
  Revaluation Reserves          
11 Basic  EPS 6.70 29.43 1.72 9.13 6.46
  Diluted EPS 
( Weighted Average)		 6.46 2.41 1.71 9.05 6.45
12 Aggregate of Non- Promoter Shareholding.          
  Number of Shares 8527641 8514241 8733346 8514241 8733346
  % of Shareholding 56.11 56.02 57.46 56.02 57.46
NOTES: 
  • The above Audited Financial Results were approved by the Board at its meeting on 25th May,2007.

  • Sales / Income from Operations is inclusive of Excise Duty and Sales Tax. 

  • The Board has recommended a dividend of 10% for the year subject to approval by the shareholders of the company

  • These accounts has been prepared in accordance with the applicable Accounting Standards Issued by the Institute of Chartered Accountants of India.

  • The Company has outstanding 129310 Warrants which will be converted into 129310 equity shares at Rs.116 per share within 18 months from the date of allotment.

  • The Company Operates only in one Segment i.e Forgings.

  • During the quarter the company has received no complaintsand has resolved no compliants. There are no Complaints pending at the end of the Quarter.
     
  • During the quarter the company has received no complaintsand has resolved no compliants. There are no Complaints pending at the end of the Quarter.

 

 Place: Kolkata.
Dated: 25.05.2007		 For, Ramkrishna Forgings Limited.
s/d . Naresh jalan
Managing Director
 

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