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DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LIMITED
Unaudited Financial Results for quarter ended 30th June, 2002
(Rs. in Lacs)
Sr. No.
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Particulars
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Quarter Ended 30.06.2002 (Unaudited)
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Quarter Ended 30.06.2001 (Unaudited)
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Year Ended 31.03.2002 (Audited)
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1
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Net Sales
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13,066
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12,266
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49,395
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2
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a) Other Income -Segment Related
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124
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-
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787
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b) Unallocated
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253
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-
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1,045
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Sub total other income
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377
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330
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1,832
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Total Revenue
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13,443
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12,596
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51,227
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3
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Total Expenditure
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a) (Increase)/ Decrease in Stock in Trade
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(484)
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(3,491)
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1,125
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b) Consumption of Raw Materials
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4,225
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4,415
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15,828
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c) Staff Cost
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887
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744
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3,097
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d) Traded Goods Purchases
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3,949
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5,782
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10,029
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e) Other Expenditure
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2,121
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2,484
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9,481
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10,698
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9,934
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39,560
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4
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Interest
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390
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600
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2,124
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5
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Depreciation
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692
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735
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2,876
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6
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Extraordinary items
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-
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-
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63
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7
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Profit before Tax (1+2-3-4-5-6)
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1,663
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1,327
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6,604
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8
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a) Provision for Current Tax
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680
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392
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1,598
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b) Provision for Deferred Tax
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(69)
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-
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142
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9
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Net Profit (7-8)
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1,052
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935
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4,864
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10
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Paid-up Equity Share Capital
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7,470
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7,470
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7,470
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(Face Value of Rs.10/- each)
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11
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Reserves excluding revaluation
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26,367
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Reserves
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12
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Basic and diluted EPS (Rs.)
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1.41 *
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1.25 *
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6.51
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13
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Aggregate of Non - Promoter Shareholding
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- Number of Shares
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53,413,356
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53,723,781
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53,413,356
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- Percentage of Shareholding
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72.96
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73.39
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72.96
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* Non Annualised
Notes
1. Net Sales include trading operations of Rs 3,656 lacs for quarter ended 30th June, 2002 (Rs 3,066 lacs in the corresponding period of the previous year).
2. The Government of India is yet to notify final subsidy on fertiliser for the current year and hence the amount of subsidy is based on provisional figures.
3. The natural gas supply continued to be inadequate during the quarter resulting in lower capacity utilisation of Ammonia and Methanol plants. Therefore, the Company had to purchase high cost Ammonia to maintain fertiliser production as well as import Methanol to meet the domestic demand.
The above Unaudited Financial Results were considered and taken on record by the Board of Directors at its meeting held on 27th July, 2002.
For Deepak Fertilisers And Petrochemicals Corporation Ltd.
Deepak C. Mehta
Managing Director
Mumbai
27th July, 2002
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