G.P.Electronics Limited
Unaudited financial results (Provisional) for the quarter ended on June 30, 2004.
All amounts in Rupees Lacs except earning per share
Particulars	First Quarter ended		For the year ended   (Audited)
	30.06.2004	30.06.2003	31.03.2004
Net Sales	347.19	284.25	1,287.24
Other income	27.88	28.19	85.81
Total	375.07	312.44	1,373.05
Total expenditure
Change in finished goods & Work in Progress	(7.13)	(21.29)	30.01
Consumption of materials	60.83	51.72	206.41
Consumption of Stores & Spares	66.56	63.50	251.62
Power and Fuel	85.22	90.05	345.97
Staff Cost	54.40	47.37	202.54
Other expenditure	40.42	39.56	149.65
Total expenditure	300.30	270.91	1,186.20
Profit before interest, depreciation & tax	74.77	41.53	186.85
Interest	2.52	11.74	42.22
Depreciation	57.15	57.75	219.58
Profit / (Loss) before tax	15.10	(27.96)	(74.95)
Provision for taxation
Current	4.43	0.00	0.00
Deferred	1.61	(17.31)	(33.37)
Profit / (Loss) after tax	9.06	(10.65)	(41.58)
Paid-up equity share capital	486.09	486.09	486.09
(Face value Rs. 10)
Reserves and Surplus excl. revalluation			1,194.57
Basic and diluted EPS (Annualized)	0.75	(0.88)	(0.86)
Aggregate of non-promoter shareholding			1,795,856.00
Number of shares
Percentage of shareholding			36.95%
Note:-
* The above financial results were taken on record by the Board of Directors at its meeting
held on July  27 , 2004
* 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 30.06.2004:-
- Complaint pending as on 01.04.2004		Nil
- Complaint receiced during the quarter ended 30.06.2004		Nil
- Complaint pending as on 30.06.2004		Nil
For G. P. Electronics Limited
Ajay G. Piramal
Chairman
Mumbai, July 27 , 2004.