| AUTOLITE (INDIA) LIMITED | |||||||||
| Regd.Office: D - 469, Road No. 9A, V.K.I. Area, Jaipur - 302 013 | |||||||||
| AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31.03.2007 | |||||||||
| (Rs. in Lacs) | |||||||||
| Nine Months ended | Quarter ended | Year ended | |||||||
| Sl. | Particulars | 31.12.2006 | 31.03.2007 | 31.03.2006 | 31.03.2007 | 31.03.2006 | |||
| No. | (Reviewed) | (Audited) | (Audited) | ||||||
| 1 | Gross Sales/Income from Operations | 5,741 | 2,002 | 1,869 | 7,743 | 7,318 | |||
| 2 | Other Income | 66 | 26 | 4 | 92 | 19 | |||
| 3 | Total Expenditure | ||||||||
| a) | Increase/Decrease in stock in trade | (106) | 5 | (11) | (101) | (8) | |||
| b) | Consumption of Raw Material | 3,229 | 1,041 | 1,020 | 4,270 | 4,053 | |||
| c) | Excise Duty | 674 | 247 | 199 | 921 | 761 | 6,822 | ||
| d) | Staff Cost | 395 | 123 | 133 | 518 | 496 | |||
| e) | Manufacturing Expenses | 492 | 147 | 152 | 639 | 624 | |||
| f) | Selling & Distribution Expenses | 455 | 109 | 153 | 564 | 650 | |||
| g) | Other Expenditure | 151 | 50 | 61 | 201 | 239 | |||
| h) | Cost of Finished Goods sold | 179 | 82 | 55 | 261 | 235 | |||
| Total | 5,470 | 1,803 | 1,761 | 7,273 | 7,049 | ||||
| 4 | Interest & Financial Charges | 170 | 16 | 60 | 186 | 216 | |||
| 5 | Depreciation | 261 | 82 | 99 | 343 | 377 | |||
| 6 | Profit (+)/Loss (-) before Tax | (94) | 127 | (47) | 33 | (305) | |||
| (1+2-3-4-5) | |||||||||
| 7 | Provision for taxation | 9 | 22 | 4 | 31 | 15 | |||
| 8 | Provision for bad & doubtful debts, | ||||||||
| dimunition in investment & extra-ordinary | 0 | 1 | 0 | 1 | 150 | ||||
| items | |||||||||
| 9 | Net Profit (+)/Loss (-) (6-7-8) | (103) | 104 | (51) | 1 | (470) | |||
| 10 | Paid-up equity share capital | 728 | 728 | 728 | 728 | 728 | |||
| (Face Value Rs. 10/- each) | |||||||||
| 11 | Reserves excluding revaluation reserves | - | - | 3,512 | |||||
| (as per Balance-sheet of previous | |||||||||
| accounting year) | |||||||||
| 12 | Earning per Share | -1.42 | 1.43 | -2.9 | 0.01 | -6.46 | -13503073.66 | ||
| 13 | Aggregate of Non Promoters' Shareholding* | ||||||||
| * Number of shares | 4342977 | 4043345 | 4325881 | 4043345 | 4325881 | ||||
| * % age of shareholding | 59.69% | 55.57% | 59.45% | 55.57% | 59.45% | ||||
| For Autolite (India) Limited | |||||||||
| PLACE: JAIPUR | (M.P. GUPTA) | ||||||||
| DATED: 27.06.2007 | Director | ||||||||
| (Sr. Manager) (DGM (Finance)) | (Company Secretary) | (C.G.M. (Fin.)) | |||||||
| SEGMENT REPORTING | |||||||||
| (Rs. in Lacs) | |||||||||
| Nine Months ended | Quarter ended | Year ended | |||||||
| Sl. | Particulars | 31.12.2006 | 31.03.2007 | 31.03.2006 | 31.03.2007 | 31.03.2006 | |||
| No. | (Reviewed) | (Audited) | (Audited) | ||||||
| 1 | Segment Revenue | ||||||||
| A | Head Lamp | 3894 | 1303 | 1,309 | 5197 | 5111 | |||
| B | Halogen Bulb | 994 | 375 | 313 | 1369 | 1207 | |||
| C | Trading | 179 | 77 | 48 | 256 | 239 | |||
| Total: | 5067 | 1755 | 1670 | 6822 | 6557 | ||||
| Less: Inter-segment revenue | 466 | 188 | 351 | 654 | 567 | ||||
| Net Sales / Income from Operations | |||||||||
| excl. Excise duty | 4,601 | 1,567 | 1319 | 6168 | 5990 | ||||
| 2 | Segment Results | ||||||||
| Profit / (Loss) before interest & tax | |||||||||
| A | Head Lamp | 92 | 86 | 62 | 178 | 66 | |||
| B | Halogen Bulb | -15 | 34 | (24) | 19 | (90) | |||
| C | Trading | 0 | (5) | (7) | (5) | 4 | |||
| Total: | 77 | 115 | 31 | 192 | (20) | ||||
| i) | Interest | 170 | 16 | 60 | 186 | 216 | |||
| ii) | Other un-allocable expenditure off | ||||||||
| un-allocable income | 1 | (28) | 183 | (27) | 234 | ||||
| Total Profit before tax | (94) | 127 | (212) | 33 | (470) | ||||
| 3 | Capital Employed | ||||||||
| (Segment Assets - Segment Liabilities) | |||||||||
| A | Head Lamp | -482 | 169 | (596) | 169 | 1,849 | |||
| B | Halogen Bulb | 65 | 397 | (144) | 397 | 771 | |||
| C | Trading | 10 | 43 | (1) | 43 | (34) | |||
| D | Un-allocable | 676 | 636 | 787 | 636 | 742 | |||
| Total : | 269 | 1,245 | 46 | 1,245 | 3,328 | ||||
| Notes: | |||||||||
| 1 | The above results have been taken on record by the Board of Directors at its meeting held on 27th June, 2007 | ||||||||
| 2 | No. of Investors' Complaints pending at the beginning of the quarter - Nil, No. of Complaints received during the | ||||||||
| quarter - 3, No. of complaints resolved - 3 and pending at the end of the quarter - Nil | |||||||||
| 3 | The figures have been regrouped/recasted wherever necessary to make them comparable. | ||||||||
| 4 | The Company had entered into One Time Settlement with all the Secured Creditors | ||||||||
| 5 | In addtion to above, Extra-ordinary Gains to the Company is Rs. 465.02 Lacs for the year ended March 31, 2007 | ||||||||
| For Autolite (India) Limited | |||||||||
| PLACE: JAIPUR | (M.P. GUPTA) | ||||||||
| DATED: 27.06.2007 | Director | ||||||||
| (Sr. Manager) (DGM (Finance)) | (Company Secretary) | (C.G.M. (Fin.)) | |||||||