GIVO LIMITED
Regd Office: 42nd Mile Stone, Kherki Daula, Gurgaon, Haryana - 122001
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st DECEMBER, 2005
         
(Rs. in 'Lacs)
 
1.1
1.2
1.3
1.4
1.5
PARTICULARS Quarter ended
31.12.2005
(Unaudited)
Quarter ended
31.12.2004
(Unaudited)
Nine months ended
31.12.2005
(Unaudited)
Nine months ended
31.12.2004
(Unaudited)
Year ended
31.3.2005
(Audited)
           
1. Net Sales / Income from Operations
401.63
364.57
855.97
901.42
1,400.79
 
 
 
 
 
 
2. Other Income
56.90
57.55
170.70
173.70
251.32
3. Total Expenditure
379.71
320.44
891.64
893.77
1,460.17

a. Decrease/(Increase) in stocks

53.01
105.10
(32.16)
(145.26)
3.50

b. Consumption of Raw Materials

142.59
221.56
409.05
461.72
549.37

c. Staff Cost

96.73
104.69
277.87
290.46
401.44

d. Other Expenditure

 
 
 
 
 

- Selling, Administrative and Distribution Expenses

87.38
99.29
236.88
286.85
505.86
 
 
 
 
 
 
4. Exchange fluctuation loss/(Income)
3.35
21.91
9.41
(30.60)
(38.99)
5. Interest
5.10
8.27
12.46
18.66
21.54
6. Depriciation
81.51
82.67
243.44
247.07
303.91
7. Profit(+)/ Loss(-) before Tax (1+2+3+4-5-6)
(11.14)
(11.17)
(130.28)
(53.88)
(94.52)
8.Provision for Taxation
 
 
 
 
 
9. Net Profit(+)/ Loss(-)(6-7)
(11.14)
(11.17)
(130.28)
(53.88)
(94.52)
10. Paid up Equity Share Capital
522.85
522.85
522.85
522.85
5,228.65

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

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

Basic EPS

(0.21)
(0.21)
(2.49)
(1.03)
(0.18)

Diluted EPS

(0.02)
(0.02)
(0.22)
(0.09)
(0.16)
13. Aggregate of Non Promoter Share Holding
 
 
 
 
 

Number of Shares

17,373,800
17,373,800
17373800
17373800
17373800

Percentage of Share Holding

33.14%
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 30.11.2006.
  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 is in appeal. The Hon'ble Supreme Court on 22.9.2005 has referred back our case to the Tribunal (CESTAT) for reconsideration.
  3. The Company is registered as a Sick Company by the BIFR as Case No. 128/02. The rehabilitation proposal has been filed with IFCI and BIFR in Feb. 2005.
  4. Comments on Qualifications of Auditors on Annual Accounts for FY ended 31/3/2005.
    1. (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.
    2. (Para 3b of the Auditors' report) The dues of Canara Bank have been settleed and paid on June 30, 2005. The Comany has arrived OTS with IDBI. OTS with IFCI is under progress. In view of OTS proposal in the pipeline the interest amounting to Rs. 108.87 lacs for quarter ended December 31, 2005 and Rs. 4384.00 lacs for earlier periods has not been provided in the accounts..
  5. Status of investors complaints for the quarter ended December 31, 2005.
 
 
Pending as at 1.10.2005
Received during the qurter
Attended during the quarter
Pending as at 31.12.2005
 
 
NIL
FOUR
FOUR
NIL
           

Place: New Delhi

Date: 31/1/2006

     

For and on behalf of the Board

Dr. A.K. Roopanwal

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