(Rs. In
Lacs except per share data)
|
|
|
Quarter
Ended
|
Nine Months ended
|
Year
ended
|
|
Sr. No.
|
Particulars
|
31.12.2009
(Unaudited)
|
31.12.2008
(Unaudited)
|
31.12.2009
(Unaudited)
|
31.12.2008
(Unaudited)
|
31.03.2009
(Audited)
|
|
|
|
|
|
|
|
|
|
1a.
|
Net Sales/Income from
Operations
|
22294.24
|
20315.28
|
69531.49
|
60969.53
|
80726.74
|
|
1b.
|
Other Operating Income
|
397.15
|
385.65
|
1029.94
|
1242.55
|
1610.49
|
|
1c.
|
Total
|
22691.39
|
20700.93
|
70561.43
|
62212.08
|
82337.23
|
|
|
|
|
|
|
|
|
|
2
|
Expenditure
|
|
|
|
|
|
|
a.
|
Increase/decrease in stock in trade and work in
progress
|
(19.03)
|
1.41
|
(14.42)
|
3.53
|
(4.76)
|
|
b.
|
Consumption of raw materials
|
6754.66
|
8792.40
|
20598.42
|
24705.17
|
31791.40
|
|
c.
|
Employees Cost
|
3038.81
|
2798.49
|
8926.84
|
8019.38
|
10653.35
|
|
d.
|
Depreciation
|
1189.86
|
983.42
|
3726.04
|
2706.37
|
3832.53
|
|
e.
|
Other expenditure *
|
6388.88
|
6102.05
|
19147.47
|
17713.66
|
24226.36
|
|
f.
|
Total
|
17353.18
|
18677.77
|
52384.35
|
53148.11
|
70498.88
|
|
|
|
|
|
|
|
|
|
3.
|
Profit from Operations before Other Income,
Interest & Exceptional Items (1-2)
|
5338.21
|
2023.16
|
18177.08
|
9063.97
|
11838.35
|
|
|
|
|
|
|
|
|
|
4.
|
Other Income
|
696.05
|
449.56
|
2765.19
|
1626.92
|
2271.85
|
|
|
|
|
|
|
|
|
|
5.
|
Profit before Interest &
Exceptional Items (3+4)
|
6034.26
|
2472.72
|
20942.27
|
10690.89
|
14110.20
|
|
|
|
|
|
|
|
|
|
6.
|
Interest
|
134.33
|
179.11
|
417.99
|
392.61
|
590.05
|
|
|
|
|
|
|
|
|
|
7.
|
Profit after Interest but before Exceptional
Items and Prior Period adjustment (5-6)
|
5899.93
|
2293.61
|
20524.28
|
10298.28
|
13520.15
|
|
|
|
|
|
|
|
|
|
8.
|
Exceptional
Items and Prior Period adjustment (net)
|
0
|
0
|
0
|
0
|
-
|
|
|
|
|
|
|
|
|
|
9.
|
Profit from Ordinary Activities
before tax (7-8)
|
5899.93
|
2293.61
|
20524.28
|
10298.28
|
13520.15
|
|
|
|
|
|
|
|
|
|
10.
|
Tax Expense
|
1926.77
|
747.00
|
6572.20
|
3317.00
|
4357.10
|
|
|
|
|
|
|
|
|
|
11.
|
Net Profit for the period after
tax (9-10)
|
3973.16
|
1546.61
|
13952.08
|
6981.28
|
9163.05
|
|
|
|
|
|
|
|
|
|
12.
|
Paid-up equity share capital
(Par Value of Rs. 2/- each)
|
6023.41
|
6023.41
|
6023.41
|
6023.41
|
6023.41
|
|
|
|
|
|
|
|
|
|
13.
|
Reserves excluding revaluation
reserves
|
|
|
|
|
49968.51
|
|
|
|
|
|
|
|
|
|
14.
|
Basic and diluted EPS (On Par
Value of Rs.2/- each)
|
1.32
|
0.52
|
4.63
|
2.32
|
3.04
|
|
|
|
|
|
|
|
|
|
15.
|
Public shareholding
|
|
|
|
|
|
|
-
|
Number of shares (Par Value of
Rs.2/- each)
|
134519281
|
144272810
|
134519281
|
144272810
|
144207238
|
|
-
|
Percentage of shareholding
|
44.67
|
47.90
|
44.67
|
47.90
|
47.88
|
|
|
|
|
|
|
|
|
|
16.
|
Promoters and promoter group
Shareholding
|
|
|
|
|
|
|
a)
|
Pledged/Encumbered
|
|
|
|
|
|
|
-
|
Number of shares
|
-
|
-
|
-
|
-
|
-
|
|
-
|
Percentage of shares (as a % of the total
shareholding of promoter and
promoter group)
|
-
|
-
|
-
|
-
|
-
|
|
-
|
Percentage of shares (as a % of the total share
capital of the company)
|
-
|
-
|
-
|
-
|
-
|
|
b)
|
Non-encumbered
|
|
|
|
|
|
|
-
|
Number of shares
|
166651304
|
156897775
|
166651304
|
156897775
|
156963347
|
|
-
|
Percentage of shares (as a % of the total
shareholding of promoter and promoter group)
|
100.00
|
100.00
|
100.00
|
100.00
|
100.00
|
|
-
|
Percentage of shares (as a % of the total share
capital of the company)
|
55.33
|
52.10
|
55.33
|
52.10
|
52.12
|
|
*
|
Includes:-
|
|
|
|
|
|
|
|
(i) Direct Expenses of
Outdoor, Event and SMS Services
|
1734.83
|
1540.73
|
4484.64
|
4033.90
|
5109.56
|
|
|
(ii) Stores and Chemical
Consumption
|
553.65
|
591.74
|
1662.22
|
1843.10
|
2350.47
|
Notes:-
1.
The above unaudited financial results were reviewed by the Audit
Committee and taken on record by the Board of Directors at their meeting held
on January 30, 2010.
These are subject to limited review by the Statutory Auditors.
2.
The Company is engaged primarily in printing and publication of
Newspaper and Magazines in India.
The other activities of the Company comprise of outdoor advertising, event
management services and SMS services. However, these in the context of the
Accounting Standard 17 on Segment Reporting issued by the Institute of
Chartered Accountants of India are considered to constitute one single
reportable segment.
3.
There is no qualification of Auditors except the one regarding
amortization of the Title-Dainik Jagran (“the Title”) as contained in previous
year’s audit report.
Accounting
Standard 26 – Intangible Assets, notified in the Companies (Accounting
Standards) Rules, 2006 and the relevant provisions of the Companies Act, 1956,
requires amortisation of intangible assets over their
estimated useful
life.
Considering
the impending convergence of Indian accounting standards with International
Financial Reporting Standards (“IFRS”),
as indicated by the Institute of Chartered Accountants of India, and recent
press notes from the Ministry of Corporate Affairs, the Company considers it
likely that its financial statements will also be prepared in accordance with IFRS over the next three years or so.
Post migration
to IFRS, the Company will no
longer be required to amortize the Title but will need to test the same for
impairment annually or earlier, if there arises a
triggering event in the interim period. The Company believes that basis its
business projections, no impairment on
such review will arise and accordingly, considering the above impending
migration to IFRS, it has not
amortized the value of Title of Rs. 1,700 lakhs in these financial statements,
as currently required by Accounting Standard – 26.
4. Number
of investor complaints/queries outstanding at the beginning of the quarter was
NIL, number of complaints/queries received and disposed off during the quarter
was 35 and outstanding number of complaints/queries at the end of the quarter
was NIL.
5. Figures
are re-grouped/re-cast, wherever necessary to make them comparable.
