Audited Financial Results for the Year
ended on 31st March 2003 |
| |
Financial Year
ended on 31.03.2003 |
| 1 |
Production |
Tonnes |
3,975,471 |
| 2 |
Sales |
" |
3,904,650 |
| 3 |
Sales / Income from Operations |
Rs. Crores |
9,793.27 |
| |
Less: Excise Duty |
" |
1,071.95 |
| |
Net Sales / Income from Operations |
" |
8,721.32 |
| 4 |
Total Expenditure |
| a) |
(Increase) / decrease in stock in trade |
" |
(15.03) |
| b) |
Purchases of finished, semi-finished steel
and other products |
" |
459.02 |
| c) |
Raw materials consumed |
" |
1,290.95 |
| d) |
Staff Cost |
" |
1,218.06 |
| e) |
Purchase of Power |
" |
734.77 |
| f) |
Freight and handling |
" |
695.78 |
| g) |
Other Expenditure |
" |
2,035.79 |
| h) |
Total Expenditure (4a to 4g) |
" |
6,419.34 |
| 5 |
Operating Profit |
" |
2,301.98 |
| 6 |
Other Income |
" |
50.39 |
| 7 |
Interest (net) |
" |
304.82 |
| 8 |
Gross Profit after interest but before Depreciation, Extraordinary Items and Tax
(5+6-7) |
" |
2,047.55 |
| 9 |
Depreciation |
" |
555.48 |
| 10 |
Profit before Tax and Extraordinary Items (8-9) |
" |
1,492.07 |
| 11 |
Extraordinary Items |
| a) |
Employee Separation Compensation |
" |
(229.57) |
| b) |
Profit on sale of long term investments |
" |
- |
| c) |
Total of Extraordinary items ( 11a + 11b) |
" |
(229.57) |
| 12 |
Profit before Tax (10-11c) |
" |
1,262.50 |
| 13 |
Provision for Taxation |
" |
261.88 |
| 14 |
Provision for Deferred Taxation |
" |
(11.69) |
| 15 |
Net Profit (+) / Loss (-) (12-13-14) |
" |
1,012.31 |
| 16 |
Paid-up Equity Share Capital (Face Value : Rs 10 per Share) |
" |
367.97 |
| 17 |
Reserves excluding revaluation reserves |
" |
- |
| 18 |
Basic and Diluted Earnings per Share (not annualised ) (after extraordinary items) |
Rupees |
27.43 |
| 19 |
Aggregate of Non-promoter Shareholding |
| |
Number of shares |
Nos. |
270,653,105 |
| |
% of shareholding |
% |
73.59% |
| 20 |
Export turnover (F.O.B. Value) |
Rs. Crores |
1,313.24 |
| |
|
US $ Mill . |
272.46 |
|
