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.Thirty First
Annual Report
2011-12

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2010-11

.Twenty Ninth
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2009-10

 

Financial Report

UNAUDITED FINANCIAL RESULTS (PROVISIONAL)
FOR THE QUARTER / NINE MONTHS ENDED 31st DECEMBER, 20
12

(Rs. In Lacs)

Part I
S.no. Particulars

3 Months Ended On

31.12.2012

Preceeding 3 Months Ended

30.09.2012

Corresponding 3 Months In The Previous Year

31.12.2011

Year To Date Figures For Current Period Ended

31.12.2012

Year To Date Figures For The Previous Year Ended

31.12.2011

Previous Year Ended

31.03.2012



(Unaudited)

(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1

Income from operations

(a) Gross Sales / Income from operations

Less:Excise Duty

Net Sales / Income from operations      (Net of excise duty)

(b) Other Operating Income

 

 

311.35

18.60

292.75

 

-

 

578.62

51.86

526.76

 

-

 

610.32

49.89

560.43

 

-

 

1,424.19

112.99

1,311.20

 

-

 

 

1,700.54

109.39

1,591.15

 

-

 

2,312.99

158.07

2,154.92

 

-


Total income from operations (net)

292.75 526.76 560.43 1,311.20 1,591.15 2,154.92
2

Expenses

a) Cost of materials consumed

b) Purchases of stock-in-trade

c) Change in inventories of finished goods, work in progress and stock-in-trade; (Inc(-), Dec(+))

d) Employees benefits expense

e) Depreciation and amortisation expense

f) Other expenses (Any item exceeding 10% of the total expenses relating to continuing operations to be shown separately)

 

146.39

45.59

(25.78)


468.13

15.78

 

103.27



233.54

39.88

(15.39)


399.93

15.74

 

80.19




244.96

0.69

59.42


338.83

17.24

 

134.31

 




643.26

126.19

(64.07)


1,203.01

47.22

 

278.55



 

759.27

262.22

(75.32)


1,024.86

51.16

 

363.07



862.27

327.96

(6.49)


1,422.02

69.94

 

527.72




Total expenses

753.38 753.89 795.45 2,234.16 2,385.26 3,203.42
3

Profit / (Loss) From Operations before Other Income, finance costs & exceptional items  (1-2)

(460.63) (227.13) (235.02) (922.96) (794.11) (1,048.50)
4

Other Income

300.92 301.52 294.31 915.61 872.89 1158.56
5

Profit / (Loss) from ordinary activities before finance cost & exceptional Items(3+-4)

(159.71) 74.39 59.29 (7.35) 78.78 110.06
6

Finance costs

1.35 2.35 3.18 7.93 8.91 17.70
7

Profit / (Loss) from ordinary activities after finance costs but before exceptional Items(5+-6)

(161.06) 72.04 56.11 (15.28) 69.87 92.36
8

Exceptional Items

209.37 (2.86) (1.77) 203.61 (5.31) 9.16
9

Profit / Loss from ordinary activities before tax (7+/-8)

48.31 69.18 54.34 188.33 64.56 101.52
10

Tax Expense

(a) Tax Provision (MAT)

(b) Deferred Tax Asset written off

 

-

-

 

-

-

 

13.32

-

 

-

-

 

13.32

-

 

27.95

-

11

Net Profit / (Loss) from Ordinary Activities after tax (9+-10)

48.31 69.18 41.02 188.33 51.24 73.57
12

Extraordinary items (net of tax expense Rs   Lakhs)+

NA NA NA NA NA NA
13

Net Profit / (Loss) for the period (11+/-12)

48.31

69.18

41.02 188.33 51.24 73.57
14

Share of profit/(loss) of associates *

NA NA NA NA NA NA
15 Minority interest *
NA NA NA NA NA NA
16

Net Profit/(Loss) after taxes, minority interest & share  of profit/(loss) of associates (13+/-14+/-15) *

48.31 69.18 41.02 188.33 51.24 73.57
17 Paid up Equity Share Capital (Face value of the share is Rs10/- ) 1,202.36 1,202.36 1,202.36 1,202.36 1,202.36 1,202.36
18 Reserves excluding Revaluation Reserve as per balance sheet of previous accounting year
9,912.32 9,864.01 9,701.83 9,912.32 9,701.83 9,723.99

 

19.i

 

 

 

19.ii

Earnings per share (before extraordinary items) (of Rs.10/- each) (not annualised):

a) Basic

b) Diluted

 

Earnings per share (after extraordinary items) (of Rs.10/- each) (not annualised):

a) Basic

b) Diluted


 

 

0.40

0.40

 

 

 

 

0.40

0.40

 

 

0.58

0.58

 

 

 

 

0.58

0.58

 

 

0.34

0.34

 

 

 

 

0.34

0.34

 

 

1.57

1.57

 

 

 

 

1.57

1.57

0.43

0.43

 

 

 

 

0.43

0.43

 

 

0.61

0.61

 

 

 

 

0.61

0.61


Part II

A

1

 

 

 

2

PARTICULARS OF SHAREHOLDING

Public Shareholding

- Number of shares

- Percentage of shareholding

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

- 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)

 

 

3462064

28.79

 

 

 

0

N.A.

 

 

N.A.

 

8561501

 

100.00

 

71.21

 

 

3462064

28.79

 

 

 

0

N.A.

 

 

N.A.

 

8561501

 

100.00

 

71.21

3461964

28.79

 

 

 

0

N.A.

 

 

N.A.

 

8561601

 

100.00

 

71.21

3462064

28.79

 

 

 

0

N.A.

 

 

N.A.

 

8561501

 

100.00

 

71.21

3461964

28.79

 

 

 

0

N.A.

 

 

N.A.

 

8561601

 

100.00

 

71.21

3462064

28.79

 

 

 

0

N.A.

 

 

N.A.

 

8561501

 

100.00

 

71.21


Particulars 3 months ended 31/12/2012
B

INVESTOR COMPLAINTS

Pending at the beginning of the quarter

Received during the quarter

Disposed off during the quarter

Remaining unresolved at the end of the quarter

 

NIL


NIL

NIL

NIL

* There were no Extraordinary items during the quarter under review.

* Applicable in the case of consolidated results.

Notes:

1.

The aforesaid Unaudited Financial Results (Provisional) for the Quarter ended 31st December, 2012 have been taken on record by the Board of Directors in their meeting held on 12th February, 2013.

2.

The company is Primarily engaged in the business of Telecom and its spares. As the basic nature of these activities are governed by same set of risks and returns, the sales have been grouped as single segment in the accounts as per Accounting Standard-17 dealing with 'Segment Reporting' issued by ICAI. Other income for the year includes   a sum of Rs. 723.47  lacs being interest income on the Investments made by the company.

3.

In respect of Accounting Standard 22 on " Accounting for taxes on Income" issued by the  Institute  of  Chartered Accountants  of India (ICAI), the adjustments for deferred tax asset/liabilities  and provision for MAT shall be reviewed & considered in the audited annual accounts for the year ending 31st March, 2013.

4. The Company has reversed the provision created for interest on excise demand raised in a dispute with excise department as the said case has been decided in favour of the company. The same is shown under the exceptional items.
5. The figures for the previous period have been regrouped and restated wherever necessary, to make them comparable.



For and on behalf of the Board



Place : S.A.S. Nagar

(Vijay N. Zade, IAS)                   (R.K. Nangia)        (J.S Bhatia)

Date :  February 12, 2013

Sr. Vice Chairman &MD            Director           Head Finance





 


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