GIVO LIMITED
Regd Office: 42nd Mile Stone, Kherki Daula, Gurgaon, Haryana - 122001
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st MARCH, 2005
 
(Rs. in Lacs)
PARTICULARS
Quarter ended 31.3.2005 (Unaudited)
Quarter ended 31.3.2004 (Unaudited)
Year ended 31.3.2005 (Unaudited)
Year ended 31.3.2004 (Audited)
         
1. Net Sales / Income from Operations
504.55
238.75
1,405.97
1.177.11
 
 
 
 
 
2. Other Income
57.58
60.30
231.18
240.64
3. Total Expenditure
 
 

a. Increase / decrease in stock

171.11
19.83
25.85
11.80

b. Consumption of Raw Materials

88.59
77.33
550.31
494.11

c. Staff Cost

111.89
90.74
402.35
376.01

d. Other Expenditure

 
 
 
 

- Selling, Administrative and Distribution Expenses

159.10
166.43
445.93
472.38
 
 
 
 
 
4. Exchange fluctuation loss/income
7.50
-
38.09
133.71
5. Interest
7.80
4.36
26.46
15.79
6. Depriciation
66.48
53.29
313.56
307.14
7. Profit(+)/ Loss(-) before Tax (1+2-3+4-5-6)
35.34
73.27
89.22
102.17
8.Provision for Taxation
-
-
-
-
9. Net Profit(+)/ Loss(-)(6-7)
35.34
73.27
89.22
102.17
10. Paid up Equity Share Capital
5228.65
5228.45
5228.65
5228.45

(Face Value of per Equity Share is rs. 10/- each)

 
 
 
 
11. Reserves excluding revaluation reserves
-
-
-
-
12. Basic & Diluted EPS
 
 
 
 

Basic EPS

0.07
0.14
0.17
0.20

Diluted EPS

0.06
0.13
0.15
0.18
12. Aggregate of Non Promoter Share Holding
 
 
 
 

Number of Shares

17373800
17373800
17373800
17373800

Percentage of Share Holding

33.14%
33.14%
33.14%
33.14%
         
 
  1. Above unaudited figures were taken on record by the Board of Directors in their meeting held on 20.4.2005.
  2. Against the total demand of Customs duty for Rs. 13.62 Crores on the import of Drawings, Designs and Documents during the year 1994-95, the Company has filed an appeal with Hon'ble Supreme Court which is pending adjudication.
  3. The Company is registered as a Sick Company by the BIFR as Case No. 128/02.
  4. Comments on Qualifications of Auditors on Annual Accounts for FY ended 31/3/2004.
  5. (Para 3a of the Audiors' report) The Management has been continuously taking up steps for the recovery of overdues advance amount. The Management is hopeful of recovery of said amount. Hence, no provision has been made in the books of accounts.
  6. (Para 3b of the Auditors' report) The Company is in the process of negotiating an OTS proposal with the Financial Institutions. As such, the interest amounting to Rs. 1335.99 Lacs for the period ended March 31, 2005 and Rs. 3833.11 Lacs in respect of earlier years has not been provided in the books of accounts.
  7. The details of the Company relate to only one segment i.e garments.
  8. Status of investors complaints for the quarter ended March 31, 2005
 
Pending as at 1.1.2005
Received during the qurter
Attended during the quarter
Pending as at 31.3.200 5
 
NIL
1
1
NIL
         

Place: New Delhi

Date: 20/4/2005

 

For and on behalf of the Board

Mrs. Nadira Chaturvedi

(Executive Director)

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