G.P.Electronics Limited
Unaudited financial results (Provisional) for the quarter ended on June 30, 2003.
All amounts in Rupees Lacs except earning per share
Particulars	First Quarter ended		For the year ended   (Audited)
	30.06.2003	30.06.2002	31.03.2003
Net Sales	284.25	339.12	1,365.08
Other income	28.19	21.80	114.88
Total	312.44	360.92	1,479.96
Total expenditure
Change in finished goods & Work in Progress	(21.29)	42.95	13.22
Consumption of materials	51.72	44.16	201.21
Power and Fuel	90.05	73.45	351.31
Staff Cost	47.37	49.62	201.64
Excise duty	3.07	(6.75)	(12.51)
Other expenditure	99.99	83.44	395.37
Total expenditure	270.91	286.87	1,150.24
Profit before interest, depreciation & tax	41.53	74.05	329.72
Interest	11.74	19.98	70.30
Depreciation	57.75	66.00	227.89
Profit / (Loss) before tax and before	(27.96)	(11.93)	31.53
Prior Period Items
Prior Period Items	0.00	0.00	10.16
Profit / (Loss) before tax	(27.96)	(11.93)	21.37
Provision for taxation
Current	0.00	0.00	1.70
Deferred	(17.31)	(1.53)	19.85
Profit / (Loss) after tax	(10.65)	(10.40)	(0.18)
Paid-up equity share capital	486.09	486.09	486.09
(Face value Rs. 10)
Reserves and Surplus excl. revalluation			1,236.15
Basic and diluted EPS (Annualized)	(1.72)	(0.86)	0.00
Note:-
* The above financial results were taken on record by the Board of Directors at its meeting
held on July 31,2003.
* 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 30.06.2003:-
- Complaint pending as on 01.04.2003		Nil
- Complaint receiced during the quarter ended 30.06.2003		Nil
- Complaint pending as on 30.06.2003		Nil
For G. P. Electronics Limited
S. M. Kulkarni
Director
Mumbai, July.31,2003