Audited Financial Results for the Year
ended on 31st March 2001 |
| |
Financial Year
ended on 31.03.2001 |
| 1 |
Production |
'000 Tonnes |
3,413 |
| 2 |
Sales |
" |
3,401 |
| 3 |
Net Sales/Income |
Rs. Crores |
7,759.44 |
| 4 |
Expenditure |
| a) |
(Increase) /decrease in stock in trade |
" |
56.74 |
| b) |
Consumption of raw materials |
" |
1,111.36 |
| c) |
Staff Cost |
" |
922.66 |
| d) |
Purchase of Power |
" |
659.09 |
| e) |
Excise Duty |
" |
920.83 |
| f) |
Other Expenditure |
" |
2,386.76 |
| g) |
Total Expenditure ( 4a to 4f) |
" |
6,057.44 |
| 5 |
Operating Profit |
" |
1,702.00 |
| 6 |
Other Income |
" |
55.14 |
| 7 |
Profit before Interest, Depreciation, Extraordinary Items and Tax |
" |
1,757.14 |
| 8 |
Interest |
" |
376.61 |
| 9 |
Profit before Depreciation,Extraordinary Items and Tax |
" |
1,380.53 |
| 10 |
Depreciation |
" |
492.25 |
| 11 |
Profit before Tax and Extraordinary Items (8-9) |
" |
888.28 |
| 12 |
Extraordinary Items |
| a) |
Employee Separation Compensation |
" |
(201.52) |
| b) |
Profit on sale of net assets of Cement Division |
" |
- |
| c) |
Profit on sale of long term investments |
" |
1.88 |
| d) |
Prov. for Power cost relating to prev years |
" |
(86.20) |
| e) |
Total of Extraordinary items ( 12a to 12d) |
" |
(285.84) |
| 13 |
Profit before Tax |
" |
602.44 |
| 14 |
Tax |
" |
49.00 |
| 15 |
Profit after Tax |
" |
553.44 |
| 16 |
Transfer to Debenture Redemption Reserve |
" |
100.00 |
| 17 |
Transfer to Capital Redemption Reserve |
" |
10.00 |
| |
443.44 |
| 18 |
Add Amount brought forward from previous year |
" |
188.93 |
| 19 |
Disposable Profit |
" |
632.37 |
| 20 |
Appropriations |
| a) |
Interim Dividend
(On Preference Shares: Rs.12.20 Crs.,1999-00 Rs.7.75 Crs). |
" |
12.20 |
| b) |
Proposed Dividend |
" |
183.89 |
| c) |
Tax on Dividend
(2000-01 includes Rs.2.76 Crs on Dividend on Preference Shares, 1999-00 Rs.0.86 Cr.) |
" |
21.52 |
| d) |
Contingency Reserve |
" |
100.00 |
| e) |
General Reserve |
" |
100.00 |
| |
417.61 |
| 21 |
Balance carried forward |
" |
214.76 |
| 22 |
Paid-up Equity Share Capital ( Face Value : Rs 10 per Share ) |
" |
367.97 |
| 23 |
Reserves excluding revaluation reserves |
" |
4,380.46 |
| 24 |
Basic and Diluted Earnings per Share |
Rupees |
14.64 |
| 25 |
Aggregate of Non-promoter Shareholding |
| |
Number of shares |
Nos. |
271,338,722 |
| |
% of shareholding |
% |
73.78% |
| |
The Directors recommended 50% dividend for the year ended 31st March 2001 on
367,771,901 shares of Rs.10 each fully paid up. |
- |
- |
| |
2000-01 : Rs.5 per share (50%) - Final |
" |
183.89 |
| |
1999-00: Rs.4 per share (40%) - Interim |
" |
- |