Sugar Division Granite Division Distillery Division Bio-Compost Fertilizer Unit Co-Generation Wind Mill Division Bio Diesel Plant Distribution of Shareholding Financial Results for the year 2006-07 Financial Results for the Quarter ended 31.12.2007 Code of Conduct   REVISED AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31st MARCH 2007 (On Amalgamation) (Rupees in Lakhs)  Sl No. Particulars Three months ended 31.03.2007 Corresponding Three months ended 31.03.2006 Year ended 31.03.2007 (Audited) Year ended 31.03.2006 (Audited) 1. Net Sales/ Income from operations 19757.15 19461.01 79566.91 62827.48 2. Other Income 85.23 172.72 185.36 280.92 3. Total Income 19842.38 19633.73 79752.27 63108.40 4. Expenditure a. (Increase)/decrease in stock in trade -3008.86 -570.29 -2367.64 2918.63   b. Consumption of raw materials 13611.76 9550.26 39220.83 23898.68   c. Purchase of traded goods 0 0 1350.20 0   d. Employees cost 769.17 472.95 2355.45 1870.00   e. Depreciation 987.23 1186.12 3734.83 4307.00   f. Power and fuel 3950.27 3991.96 14977.92 13029.00   g. Other expenditure 3070.77 1886.34 9227.04 6295.22   h. Total 19380.34 16517.34 68498.63 52318.53 5. Interest 42.48 258.86 418.28 1095.60 6. Exceptional items - Compensation under VRS 0 0 0 122.61 7. Profit from Ordinary Activities before tax (3-(4+5+6)) 419.56 2857.53 10835.36 9571.66 8. Provision for taxation -1338.84 425.76 1175.80 1695.25 9. Provision for deferred tax 859.65 22.74 630.74 178.92 10. Net profit from ordinary activities after tax (7-(8+9)) 898.75 2409.03 9028.82 7697.49 11. Paid-up equity share capital (Face value Rs.10/- per share) 953.97 953.97 953.97 953.97 12. Reserves excluding Revaluation Reserves 0 0 40572.76 27158.61 13. Earnings Per Share (EPS) - (Rs) 9.42 25.25 94.64 80.69 14. Public shareholding - Number of shares 5082743 5082743 5082743 5082743   - Percentage of shareholding 53.28 53.28 53.28 53.28     Notes: The scheme of amalgamation of Maheswara Sugars Ltd with Bannari Amman Sugars Ltd was sanctioned by the High Court, Chennai vide its Order dated 6.11.2007. The scheme is effective from 1.1.2007. Accordingly the effect of the said scheme has been considered in the above results. Pursuant to the scheme of amalgamation the Board of Directors have allotted 19,00,000 equity shares of Rs.10/- each fully paid up and 18,46,000 - 9% Redeemable non-cumulative preference shares of Rs.100/- each to the share holders of Maheswars Sugars Limited. If allotment is taken into account Earnings Per Share would work out to Rs. 89.51/-. The above results have been taken on record by the Board of Directors at their meeting held on 16th November 2007. The Board of Directors have recommended dividend of Rs. 7/- per share on equity share of Rs.10/- each and Rs. 3/- per share on preference share of Rs.100/- each for the year ended 31st March 2007. During the quarter ended 31st March 2007,six investor complaints were received, which were promptly attended to by the company. No complaints were pending either at the beginning (or) at the end of the quarter.         For BANNARI AMMAN SUGARS LIMITED Coimbatore 16.11.2007 S.V.BALASUBRAMANIAM CHAIRMAN & MANAGING DIRECTOR                Home | Whats New | Feedback | Alcohol | Automobiles | Education | Exports | Food Products Granite | Health Care | IT Services | Power | Real Estate | Sugar | Textile | Transports   Copyright © 2000, Bannari Amman Group, All rights reserved.