Unaudited financial results (Provisional) for the six months ended on September 30, 2004.  
             
   All amounts in Rupees Lacs except earning per share  
Particulars Second quarter ended on Half year ended For the year ended     (Audited)  
  30.09.2004 30.09.2003 30.09.2004 30.09.2003 31.03.2004  
             
Net Sales 333.60 371.04 680.79 655.29 1,287.24  
Other income 22.81 18.93 50.69 47.12 85.81  
Total  356.41 389.97 731.48 702.41 1,373.05  
             
Total expenditure            
Change in process stock & finished goods 0.80 27.32 (6.33) 6.03 30.01  
Consumption of materials 54.84 47.05 115.67 98.77 206.41  
Consumption of Stores & Spares 67.04 63.20 133.60 126.70 251.62  
Power and Fuel 94.54 81.50 179.76 171.55 345.97  
Staff Cost 57.26 45.12 111.66 92.49 202.54  
Other expenditure 42.17 32.94 82.59 72.50 149.65  
Total expenditure 316.65 297.13 616.95 568.04 1,186.20  
Profit before interest, depreciation & tax 39.76 92.84 114.53 134.37 186.85  
             
Interest 1.78 11.18 4.30 22.92 42.22  
Depreciation 55.35 52.39 112.50 110.14 219.58  
Profit / (Loss) before tax  (17.37) 29.27 (2.27) 1.31 (74.95)  
Provision for taxation            
Current (4.43) 9.29 0.00 9.29 0.00  
Deferred (3.38) (5.30) (1.77) (22.61) (33.37)  
Profit / (Loss) after tax (9.56) 25.28 (0.50) 14.63 (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 (Annualized) (0.79) 2.08 (0.02) 0.60 (0.86)  
           
Aggregate of non-promoter shareholding            
Number of shares 1,795,856 1,795,856 1,795,856 1,795,856 1,795,856  
Percentage of shareholding 36.95% 36.95% 36.95% 36.95% 36.95%  
           
Note:-            
 * The result for the quarter and half year ended September 30,2004  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 October 18,2004.            
* 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 30.09.2004.       
            - Complaints pending as on 01.07.2004                               Nil    
            - Complaints received during the quarter ending on 30.09.2004                             Nil    
            - Complaints pending as on 30.09.2004                               Nil    
           
For G. P. Electronics Limited