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S. B. & T. International
Limited |
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Regd. Office : 138, Shreeji Chambers, 1st Floor,
Tata Road No. 2, Opera House, Mumbai - 400 004 (India) |
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| UNAUDITED FINANCIAL
RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 31ST DECEMBER, 2008
(UNCONSOLIDATED) |
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(Rs. in lacs) |
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Particulars |
Three |
Corresponding |
Year to date |
Year to date |
Year |
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Sr. |
months |
Quarter |
figures for current |
figures for Previous |
ended |
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No. |
ended |
ended |
Period ended |
Period ended |
31.03.2008 |
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31.12.2008 |
31.12.2007 |
31.12.2008 |
31.12.2007 |
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(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
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1 |
Net Sales / Income from Operation |
3,455.85 |
3,130.72 |
8,263.08 |
6,141.77 |
9,449.46 |
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2 |
Other Income |
9.54 |
49.26 |
30.64 |
104.04 |
113.34 |
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3 |
Total Income (1+2) |
3,465.39 |
3,179.98 |
8,293.72 |
6,245.81 |
9,562.80 |
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4 |
Expenditure |
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(a) (Increase) / Decrease in Stock-in-trade & WIP |
- |
- |
- |
- |
- |
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(b) Consumption of
raw materials |
3,373.13 |
2,877.91 |
7,692.62 |
5,242.92 |
8,375.88 |
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(c) Purchase of traded goods |
- |
- |
- |
- |
- |
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(d) Employees Cost |
44.27 |
61.08 |
146.14 |
163.86 |
200.51 |
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(e) Depreciation |
8.47 |
9.36 |
25.29 |
27.24 |
37.24 |
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(f) Foreign Exchange Loss ( Net off of forex gain/loss) |
(179.16) |
48.80 |
(338.03) |
266.92 |
272.22 |
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(g) Other expenditure |
74.56 |
77.94 |
198.85 |
210.69 |
248.47 |
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(h) Total |
3,321.27 |
3,075.09 |
7,724.87 |
5,911.62 |
9,134.33 |
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5 |
Interest |
68.86 |
55.53 |
206.27 |
140.07 |
199.36 |
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6 |
Exceptional Items |
- |
- |
- |
- |
- |
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6 |
Profit(+) / Loss (-) from
Ordinary Activities before Tax (3) -(4+5) |
75.27 |
49.36 |
362.59 |
194.12 |
229.12 |
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7 |
Tax Expenses |
28.10 |
18.22 |
125.67 |
73.65 |
126.01 |
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8 |
Net Profit / Loss from Ordinary Activities
after tax (6+7-8) |
47.17 |
31.14 |
236.92 |
120.47 |
103.10 |
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9 |
Prior Period Adjustments |
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45.02 |
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10 |
Extraordinary Items (net of tax expenses) |
- |
- |
- |
- |
- |
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11 |
Net Profit(+)/Loss(-)
for the Period(8+9+10) |
47.17 |
31.14 |
236.92 |
120.47 |
148.13 |
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12 |
Paid up Equity Share Capital (Face Value
Rs.10/-) |
1,685.00 |
1,635.00 |
1,685.00 |
1,635.00 |
1,635.00 |
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13 |
Reserves excluding revaluation
reserves as per balance sheet of previous accounting year |
- |
- |
- |
- |
8,937.90 |
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14 |
Basic & Diluted Earning per
Share before Extraordinary items (not annualised) |
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Basic |
0.28 |
0.19 |
1.41 |
0.74 |
0.91 |
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Diluted |
0.28 |
0.19 |
1.41 |
0.74 |
0.91 |
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15 |
Basic & Diluted Earning per
Share after Extraordinary & Exceptional items (not annualised) |
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-
Basic |
0.28 |
0.19 |
1.41 |
0.74 |
0.91 |
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Diluted |
0.28 |
0.19 |
1.41 |
0.74 |
0.91 |
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16 |
Public Shareholding |
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Number of shares |
119.43 |
118.20 |
119.43 |
118.20 |
118.20 |
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- Percentage of Shareholding |
70.88 |
72.29 |
70.88 |
72.29 |
72.30 |
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a |
The above financial
results were reviewed by the Audit Committee and taken on record by the Board
of Directors at its meeting held on January 30, 2009 and are subject to
review by the Statutory Auditors. |
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b |
The company's business
consists of trading & manufacturing
of Gems & Jewellery. Company considers the same as one business
only. The Fixed Assets & Indirect Expenditure used for the business, or
liability committed for, are not identifiable to one particular segment as
these are used interchangeably between segments. Hence, the relevant data on
segment capital employed & expenses have not been quantified. |
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c |
In terms of resolution
approved in the meeting of the Board of Directors of the company held on 17th
December 2007 and in the Extraordinary General Meeting of its members held on
9th January, 2008, the company has acquired on 8th April,2008 ( date of transfer
of shares of Mimansa Jewelery Private Limited ) 100% Equity shares of Mimansa
Jewellery (P) Ltd. by issue of 500000
Equity shares @ Rs. 40/- per share on 15th April, 2008. |
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d |
In terms of the above
resolution, the company has also issued on 4th April, 2008 on preferential
basis, 18 lacs share warrants @ Rs. 40/- for subsequent conversion into same
number of Equity shares. |
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e |
There was no investor
complain that was unresolved as on 1st January 2009. During the quarter ended
31st December, 2008, the company has received four complaints from investors
and the same has been resolved satisfactorily. |
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f |
Tax expenses includes
Income Tax, Fringe Benefit Tax and Deferred Tax |
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g |
Figures of the previous periods have been
rearranged/regrouped wherever necessary. |
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UNAUDITED SEGMENT REPORT FOR THE QUARTER ENDED 31ST
DECEMBER, 2008 |
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PURSUANT TO CLAUSE 41 OF THE LISTING AGREEMENT |
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(Rs. in lacs) |
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Particulars |
Three |
Corresponding |
Year to date |
Year to date |
Year |
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months |
Quarter |
figures for current |
figures for Previous |
ended |
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ended |
ended |
Period ended |
Period ended |
31.03.2008 |
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31.12.2008 |
31.12.2007 |
31.12.2008 |
31.12.2007 |
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(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
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1 |
Net Sales / Income from Operation |
3,455.85 |
3,130.72 |
8,263.08 |
6,141.77 |
9,449.46 |
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Sales to USA |
(0.00) |
48.08 |
140.83 |
637.62 |
636.35 |
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Sales to UAE |
86.55 |
585.29 |
815.25 |
1,245.03 |
1,582.68 |
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Sales to UK |
- |
2.66 |
- |
2.66 |
3.12 |
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Sales in India |
3,369.30 |
2,465.63 |
7,269.56 |
4,227.40 |
7,162.98 |
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Sales to other countries |
(0.00) |
29.06 |
37.44 |
29.06 |
64.33 |
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2 |
Segment Results |
82.72 |
252.81 |
570.46 |
898.85 |
1,019.62 |
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USA |
(0.00) |
3.88 |
9.72 |
93.32 |
63.79 |
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UAE |
2.07 |
47.26 |
56.28 |
182.21 |
158.66 |
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UK |
- |
0.21 |
- |
0.39 |
0.31 |
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India |
80.65 |
199.10 |
501.87 |
618.68 |
718.03 |
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Mauritius |
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- |
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72.39 |
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Other countries |
(0.00) |
2.35 |
2.58 |
4.25 |
6.45 |
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3 |
Less: Unallocated
Expenditure (Inc. Depre. And Interest) |
17.00 |
252.71 |
238.52 |
808.77 |
832.90 |
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4 |
Add: Other Income |
9.54 |
49.26 |
30.64 |
104.04 |
87.42 |
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5 |
Less: Tax |
28.10 |
18.22 |
125.67 |
73.65 |
126.01 |
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Net Profit After Tax |
47.17 |
31.14 |
236.92 |
120.47 |
148.13 |
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For and
on behalf of the Board |
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Sd/- |
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Place: Mumbai |
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Varij
Sethi |
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Date : 30th January, 2009 |
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(Managing Director) |
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Financial Information |
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