Lakshmi Precision Screws Limited
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   30 June 2003
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Unaudited Financial Results (Provisional)
For Quarter Ended 30th June, 2003
(Rs. In Lacs.)
Particulars Quarter Ended 30.06.03 Quarter Ended 30.06.02 Year Ended 31.03.03
  -------------- Unaudited -------------- Audited
Sales 2433.20 1988.96 8954.31
Other Income 23.53 34.41 100.88
Total Income 2456.73 2023.37 9055.19
Total Expenditure 2110.69 1713.21 7728.19
a) (Increase)/ Decrease in stock (16.96) (89.99) (37.15)
b) Consumption of raw material 744.90 641.50 2614.90
c) Staff cost 424.78 354.17 1607.22
d) Other expenditure    
- Sub contract charges 317.93 315.11 1216.38
- Others 640.04 492.42 2326.84
Interest 165.56 172.35 691.31
Depreciation 104.30 100.30 413.46
Profit before tax 76.18 37.51 222.23
Provision for taxation - Current 24.70 0.00 75.40
- Deferred (8.82) 0.00 (6.93)
Net Profit 60.30 37.51 153.76
Paid-up equity share capital 602.50 602.50 602.50
Reserves excluding Rev. Reserve - - 2585.04
Basic and diluted EPS (Rs.) 1.00 0.62 2.55
Aggregate of Non-Promoters
Shareholding: No. of Shares 1868684 1892609 1869684
% of Non-promoters Shareholding 31.02 31.41 31.03

Note:
1. The above financial results were taken on record by the Board of Directors in their meeting held on July 26, 2003.
2. There were no complaints from Investors outstanding at the beginning of this quarter or received during the quarter and lying unresolved for the quarter ended June 30, 2003.

Place: Rohtak
Date : 26.07.2003
Lalit Kumar Jain
Chairman & Managing Director
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Notice: Universal Precision Screws is not a Group Company of Lakshmi Precision Screws Ltd.
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