| Unaudited financial results (Provisional) for the nine months ended on December 31, 2004. | |||||
| All amounts in Rupees Lacs except earning per share | |||||
| Particulars | Third quarter ended on | Nine Months | For the year ended (Audited) | ||
| 31.12.2004 | 31.12.2003 | 31.12.2004 | 31.12.2003 | 31.03.2004 | |
| Net Sales | 369.10 | 331.94 | 1,049.89 | 987.23 | 1,287.24 |
| Other income | 21.79 | 24.99 | 72.48 | 72.11 | 85.81 |
| Total | 390.89 | 356.93 | 1,122.37 | 1,059.34 | 1,373.05 |
| Total expenditure | |||||
| Change in process stock & finished goods | (12.56) | 4.07 | (18.89) | 10.10 | 30.01 |
| Consumption of materials | 75.77 | 51.75 | 191.44 | 150.52 | 206.41 |
| Consumption of Stores & Spares | 68.11 | 64.96 | 201.71 | 191.66 | 251.62 |
| Power and Fuel | 109.07 | 82.39 | 288.83 | 253.94 | 345.97 |
| Staff Cost | 57.88 | 53.65 | 169.54 | 146.14 | 202.54 |
| Other expenditure | 41.34 | 31.38 | 123.93 | 103.88 | 149.65 |
| Total expenditure | 339.61 | 288.20 | 956.56 | 856.24 | 1,186.20 |
| Profit before interest, depreciation & tax | 51.28 | 68.73 | 165.81 | 203.10 | 186.85 |
| Interest | 1.46 | 11.95 | 5.76 | 34.87 | 42.22 |
| Depreciation | 57.27 | 56.47 | 169.77 | 166.61 | 219.58 |
| Profit / (Loss) before tax | (7.45) | 0.31 | (9.72) | 1.62 | (74.95) |
| Provision for taxation | |||||
| Current | 0.00 | 0.10 | 0.00 | 9.39 | 0.00 |
| Deferred | 5.79 | 0.00 | 4.02 | (22.61) | (33.37) |
| Profit / (Loss) after tax | (13.24) | 0.21 | (13.74) | 14.84 | (41.58) |
| Paid-up equity share capital | 486.09 | 486.09 | 486.09 | 486.09 | 486.09 |
| (Face value Rs. 10) | |||||
| Reserves and Surplus excl. revalluation | 1,194.57 | ||||
| Basic and diluted EPS | (0.27) | 0.00 | (0.28) | 0.31 | (0.86) |
| Note:- | |||||
| * The result for the quarter and nine month ended December 31,2004 are subject to Limited Review by the Auditors | |||||
| of the Company. The result were reviewed by the Audit Committee and taken on record by the Board of | |||||
| Directors at its meeting held on January 22,2005. | |||||
| * Company is engaged in hard ferrite business, which is the only reportable segment in terms | |||||
| of Accounting Standard - AS17. Geographical segment is not relevant as exports are insignificant. | |||||
| * Previous years figures have been regrouped where ever necessary. | |||||
| * Status of shareholders complaint received during the quarter ended on 31.12.2004. | |||||
| - Complaints pending as on 30.09.2004 | Nil | ||||
| - Complaints received during the quarter ending on 31.12.2004 | Nil | ||||
| - Complaints pending as on 31.12.2004 | Nil | ||||
| For G. P. Electronics Limited | |||||
| Ajay G. Piramal | |||||
| Chairman | |||||
| Mumbai, January 22, 2005 | |||||