| |
Finance
|
DPSC Limited.
(formerly Dishergarh
Power Supply Co.Ltd.)
Regd.
Off.: Plot No.-X-1, 2 & 3 Block EP, Sector-V,
Salt Lake City, Kolkata-700 091
Unaudited Financial Results for
the Quarter Ended 31st December,
2008 |
| (Rs.
In Lakhs) |
|
Particulars |
Three months ended
on 31st December, 2008 |
Corresponding three
months in the previous year ended 31st
December, 2007 |
Year to date figures
in the current year for the Nine months ended
31st December, 2008 |
Year
to date figures in the previous year for the
Nine months ended 31st December,
2007 |
Previous
Accounting
year ended 31st March, 2008 |
|
|
(Unaudited) |
(Unaudited)
|
(Unaudited) |
(Unaudited) |
(Audited)
|
| |
1 |
2 |
3
|
4 |
5 |
|
1 (a) |
Net Sales/Income |
8,789.37 |
7,341.60 |
25,968.74 |
24,258.17 |
31,989.77 |
|
|
|
|
|
|
|
|
|
(b) |
Other Operating Income |
15.66 |
30.71 |
72.95 |
61.32 |
95.35 |
|
|
|
|
|
|
|
|
| |
Total
Income [1 (a) +(b)] |
8,805.03 |
7,372.31 |
26,041.69 |
24,319.49 |
32,085.12 |
| |
|
|
|
|
|
|
|
2 |
Expenditure : |
|
|
|
|
|
|
|
a) Increase/Decrease in stock in trade and work
in progress |
- |
- |
- |
- |
- |
|
|
b) Consumption of Raw Materials (Fuel) |
1,068.55 |
1,040.29 |
3,281.87 |
3,155.48 |
4,210.56 |
|
|
c) Purchase of Energy |
6,019.88 |
5,809.27 |
18,310.85 |
17,896.86 |
22,960.76 |
|
|
d) Employees Cost |
612.87 |
573.14 |
1,764.10 |
1,642.11 |
2,239.27 |
| |
e)
Depreciation |
116.39 |
90.35 |
346.14 |
255.20 |
354.11 |
|
|
f) Other Expenditure |
482.89 |
445.99 |
1,439.03 |
1,277.47 |
1,767.38 |
| |
g)
Total |
8,300.58 |
7,959.04 |
25,141.99 |
24,227.12 |
31,532.08 |
|
|
(Any
item exceeding 10% of the total expenditure
to be shown separately) |
|
|
|
|
|
|
3 |
Profit from Operations before other Income,Interest
& Exceptional Items (1-2) |
504.45 |
(586.73) |
899.70 |
92.37 |
553.04 |
|
|
|
|
|
|
|
|
|
4 |
Other
Income |
36.33 |
43.62 |
150.39 |
147.19 |
196.46 |
|
|
|
|
|
|
|
|
| 5 |
Profit before Interest & Exceptional Items
(3+4) |
540.78 |
(543.11) |
1,050.09 |
239.56 |
749.50 |
|
|
|
|
|
|
|
|
|
6 |
Interest |
150.40
|
123.02 |
445.36
|
332.64 |
481.19
|
|
|
|
|
|
|
|
|
| 7 |
Profit after Interest but before Exceptional
Items (5-6) |
390.38 |
(666.13) |
604.73 |
(93.08) |
268.31 |
| |
|
|
|
|
|
|
| 8
|
Exceptional
Items |
-
|
- |
-
|
- |
-
|
| |
|
|
|
|
|
|
| 9 |
Profit
(+)/ Loss (-) from Ordinary Activities before
tax (7+8) |
390.38 |
(666.13) |
604.73 |
(93.08) |
268.31
|
| |
|
-
|
- |
-
|
- |
-
|
| 10 |
Tax
expense |
48.00 |
57.50 |
90.00 |
22.50 |
163.36 |
| |
|
|
|
|
|
|
| 11 |
Net
Profit (+)/Loss(-) from Ordinary Activities
after tax (9-10) |
342.38 |
(608.63) |
514.73 |
(115.58) |
104.95 |
| |
|
|
|
|
|
|
|
12 |
Extraordinary
Item (net of tax expense Rs...............) |
- |
- |
- |
- |
-
|
| 13 |
Net
Profit (+)/Loss(-) for the period (11-12) |
342.38 |
(608.63) |
514.73 |
(115.58) |
104.95 |
| |
|
|
|
|
|
|
|
14 |
Paid-up
equity share capital |
423.39 |
423.39 |
423.39 |
423.39 |
423.39
|
|
|
|
|
|
|
|
|
| 15
|
Reserve excluding Revaluation Reserves as per
balance sheet |
- |
- |
-
|
- |
8,007.11 |
| |
|
|
|
|
|
|
| 16 |
Earnings
Per Share (EPS) (a)Basic and diluted EPS before
Extraordinary items for the period,for the
year to date and for the previous year (not
to be annualised)
(b) Basic and diluted EPS after Extraordinary
items for the period,for the year to date
and for the previous year (not to be annualised)
|
8.09
- |
(14.38)
-
|
12.16
- |
(2.73)
- |
2.48
- |
| |
|
|
|
|
|
|
| 17 |
Public
shareholding
- Number of shares
-Percentage of shareholding |
4,233,868
100% |
4,233,868
100% |
4,233,868
100% |
4,233,868
100% |
4,233,868
100% |
Notes:
-
The above results were
reviewed by the Audit Committee and taken
on record by the Board of Directors of
the Company at its meeting held on 28 th
January, 2009.
-
The Unaudited Financial Results for Quarter ended 31st December, 2008 are based on the Tariff Order issued by the
Hon'ble West Bengal Electricity Regulatory
Commission (WBERC) for the year 2008-09
read with its subsequent letter dated
27th October,2008.
- Deferred
Taxation position will be reviewed and dealt
with in the annual accounts.
- Pursuant to direction from the Board of
Industrial and Financial Reconstruction
(BIFR) [ vide its order dated 1st March,2007]
1,310,000 fully paid up fresh equity shares
of Rs. 10/- each in WEBFIL Ltd (WEBFIL)
have been allotted to the Company on conversion
of loan of Rs. 131.00 lakhs advanced to
WEBFIL in an earlier year. The period end
diminution in value pertaining to the Company's
investment in WEBFIL, based on their latest
available audited accounts, is estimated
to be Rs. 200.00 lakhs. In the opinion of
the Board, such diminution is temporary
in nature and the amount of Rs. 75.00 lakhs
held as provision for contingency is adequate
to cover any eventual shortfall in the carrying
value of the investment.
- The
Company being engaged in Generation and
Distribution of Power in the licensed area
in India, segment information in terms of
Accounting Standard (AS) 17 “Segment
Reporting” of ICAI has not been furnished.
- Matters
for qualification in the Auditors’
Report on the accounts for the year ended
31st March 2008 have been dealt
with in the Note 4 above.
- No
investors’ complaint were pending
at the beginning of the quarter, no complaint
was received during the quarter and no complaint
was lying unresolved as on 31st
December 2008.
- Previous
periods’ figures have been rearranged/
regrouped where necessary.
|
Kolkata
28th January,
2009 |
DPSC Limited
(S. Radhakrishnan)
Managing Director
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