(Rs. in Crores)

S.N.

PARTICULARS

 QUARTER ENDED 30.06.2006 QUARTER ENDED 30.06.2005 18 MONTHS
ENDED 31.3.2006(AUDITED)

1.

Net Sales/Income From Operations

64.76

 113.80 553.74

2.

Other Income

1.66

 0.83 248.39

3.

Total Expenditure

55.85

 61.52 393.36

a) (Increase) /decrease in stock in trade

10.22

 (31.41) (36.17)

b) Purchase

35.62

 80.81 343.74

c) Staff cost

 1.02 0.59 5.78

d) Other expenditure

 8.99 11.53 80.01

4.

Interest

 5.71 1.19 12.81

5.

Depreciation

 4.63 1.68 9.68

6.

Profit / (Loss) before Tax [1+2-3-4-5]

 0.23 50.24 386.28

7.

Provision for Tax (incl. Fringe Benefit Tax)

 0.04 5.05 28.63

7a.

Deferred Tax

9.88 - 45.66

8.

Net Profit / (Loss) [6-7]

 (9.69) 45.19 311.99

9.

Paid up Equity Share Capital of Rs. 10/- each

 119.95 94.32 119.95

10.

Reserve excluding Revaluation Reserve

     393.64

11.

Basic EPS (Rs.) - Not Annualised

 (0.81) 4.79 29.76

11a.

Diluted EPS (Rs.) - Not Annualised

 (0.56) 4.79 27.02

12.

Aggregate of Non - Promoter Shareholding

      

- Number of Shares

 66,267,457 44,044,088 53,032,326

- Percentage of Shareholding

 55.24 46.70 53.42

13.

Number of Shareholders

 80,048 46,611 62,331
 
 
Segment wise Revenue, Results and Capital Employed for the Quarter ended 30th June, 2006

(Rs. in crores)
S. No. PARTICULARS QUARTER ENDED
30.06.06

1.

Segment Revenue
(Net Sale/Income from Segment)

a) Coke Division

60.18

b) Steel Division

4.60

c) Windmill Division

 1.11

d) Unallocated

1.66
 

Total

 67.55
 

Less : Inter-Segment Revenue

(1.13)
 

Net Sales/ Income from Operations

66.42

2.

Segment Results
Profit/(Loss) Before Tax & Interest

a) Coke Division

6.40

b) Steel Division

0.60

c) Windmill Division

 (0.67)

d) Unallocated

(0.39)
 

Total

 5.94
 

Less : (i) Interest

5.71
  (ii) Other Un-allocable expenditure net of Unallocable income  
 

Total Profit/ (Loss) Before Tax

0.23

3.

Capital Employed

a) Coke Division

354.82

b) Steel Division

91.69

c) Windmill Division

 129.35

d) Unallocated

749.94
  Total 1,325.80


  NOTES :

  1. The above results have been reviewed by the Audit Committee in its meeting held on July 29, 2006 and approved by the Board of Directors in its meeting held on July 30, 2006. The Statutory Auditors of the Company have also carried out the "Limited Review" of the above results.

  2. Sales for the Quarter ended 30.06.05 included Rs. 32.36 crores from export of coke as against NIL exports in the quarter ended 30.06.06.

  3. In terms of amended clause 41 of the Listing agreement, details of Investors complaints for the quarter ended 30th June, 2006 are as under :-

at the beginning of the quarter 1
received during the quarter 69
disposed off during the quarter 70
pending at the end of the quarter nil

  1. The non-promoter shareholding has increased during the quarter due to allotment of shares to the shareholders of erstwhile FCGL Industries Ltd. on 03.06.06 pursuant to scheme of amalgamation.

  2. During the quarter the company has issued 600 Zero Coupon unsecured FCCBs due 2011 of USD 100,000 each, aggregating to USD 60 million. The company has utilised USD 22.69 million during the quarter for the specified purpose.

  3. During the quarter, the company's investment in its subsidiary Gujarat NRE Australia Pty Ltd has increased by an amount of Rs. 21.66 Crores in the form of equity, raising the company's shareholding to 94%.

  4. Previous period figures have been regrouped / rearranged wherever considered necessary. In Segment Reporting as per AS-17, previous period figures are not applicable since the company did not have multiple segments to report.

Place : KOLKATA
Date : 30th July 2006

By Order of the Board
For Gujarat NRE Coke Limited
sd/-
A K Jagatramka
Vice Chairman & Mg. Director

© Copyright 2005 GNCL. All Rights Reserved. A SteelRX creation.