Lakshmi Precision Screws Limited
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   31 September 2004
Go
Unaudited Financial Results (Provisional) for the
Quarter / Half Year Ended 30th September, 2004
  (Rs. In Lacs.)
Particulars Quarter Ended Half Year Ended Year Ended
31.03.04
30.09.04 30.09.03 30.09.04 30.09.03
  Unaudited Reviewed Unaudited Reviewed Audited
Domestic Sales (Gross) 2491.85 1795.95 4608.84 3481.46 7803.52
Export Sales 1316.65 1159.83 2419.65 2140.00 4477.00
Total Sales 3808.50 2955.78 7028.49 5621.46 12280.52
Less : Excise Duty 349.74 247.72 635.70 480.20 1083.72
Net Sales/ Income from operations 3458.76 2708.06 6392.79 5141.26 11196.80
Other Income 17.20 29.97 31.88 54.73 109.14
Total Expenditure 3001.07 2324.89 5592.33 4439.74 9723.50
a) (Increase)/ Decrease in stock in trade 77.88 (28.74) 51.10 (45.70) 52.85
b) Consumption of raw material 1162.75 916.72 2133.71 1661.62 3420.04
c) Staff cost 476.05 431.81 933.66 856.59 1804.18
d) Other expenditure          
- Sub contract charges 353.90
369.19 758.22 687.12 1616.70
- Others 930.49
635.91 1715.64 1280.11 2829.73
Interest 157.22 173.91 314.89 339.36 677.67
Depreciation 108.72
109.39 219.82 213.96 458.79
Profit before tax 208.95 129.84 297.63 202.93 445.98
Provision for taxation
- Current


84.33


46.50


120.00


77.00


158.66
- Deferred (2.91)
(6.25) (11.53) (13.45) (12.84)
Net Profit 127.53
89.59 189.16 139.38 300.16
Paid-up equity share capital 602.50 602.50 602.50 602.50 602.50
Reserves excluding Rev. Reserve - - - - 2871.61
Basic and diluted EPS (Rs.)
2.12
1.49 3.14 2.31 4.98
Aggregate of Non-Promoters          
Shareholding:
No. of Shares

1868684
1868684 1868684
1868684 1868684
% of Non-promoters Shareholding
31.02 31.02 31.02 31.02 31.02
Notes:
  1. The above results as reviewed by the Audit Committee were taken on record by the Board of Directors at their meeting held on 29th October, 2004.
  2. The Company is operating only in one segment viz. Fasteners.
  3. During the quarter two investor complaints were received, which were promptly attended to by the Company. No complaints were pending either at the beginning or at the end of the quarter.
Place: Rohtak
Date : 29.10.2004
Lalit Kumar Jain
Chairman & Managing Director

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