GIVO LIMITED
Regd Office: 42nd Mile Stone, Kherki Daula, Gurgaon, Haryana - 122001
AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31st MARCH, 2006
					(Rs. in 'Lacs)
	1.1	1.2	1.3	1.4	1.5
PARTICULARS	Nine Months ended 31.12.2005 (Unaudited)	Three months ended 31.03.2006 (Unaudited)	Three months ended 31.03.2005 (Unaudited)	Year ended 31.3.2006 (Audited)	Year ended 31.3.2005 (Audited)

1. Net Sales / Income from Operations	855.97	487.55	504.55	1343.52	1629.14

2. Other Income	170.70	2450.81	57.58	2621.51	24.05
3. Total Expenditure	891.64	420.64	530.69	1312.28	1461.25
a. Decrease/(Increase) in stocks	(32.16)	(23.39)	171.11	(55.55)	3.50
b. Consumption of Raw Materials	409.05	186.07	88.59	595.12	549.37
c. Staff Cost	277.87	83.87	111.89	361.74	401.44
d. Other Expenditure
- Selling, Administrative and Distribution Expenses	236.88	174.09	159.10	410.97	506.94

4. Exchange fluctuation loss/(Income)	9.41	19.04	(7.50)	28.45	(38.99)
5. Interest	12.46	4.74	7.80	17.20	21.54
6. Depriciation	243.44	57.56	66.48	301.00	303.91
7. Profit(+)/ Loss(-) before Tax (1+2+3+4-5-6)	(130.28)	2436.38	(35.34)	2306.10	(94.52)
8.Provision for Taxation
*Current Tax	-	-	-	-	-
*Fringe Benefit Tax	-	8.20	-	8.20	-
*Deffered Tax	-	(276.81)	-	(276.81)	-
9. Net Profit(+)/ Loss(-)(6-7)	(130.28)	2436.38	(35.34)	2574.72	(94.52)
10. Paid up Equity Share Capital	5228.65	5231.42	5228.65	5231.42	5228.65
(Face Value of per Equity Share is rs. 10/- each)
11. Reserves excluding revaluation reserves	-	-	-	-	-
12. Basic & Diluted EPS
Basic EPS	(0.25)	4.66	(0.07)	4.92	(0.18)
Diluted EPS	(0.22)	4.20	(0.06)	4.44	(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%


Above unaudited figures were taken on record by the Board of Directors in their meeting held on 30.6.2006. Against the total demand of Customs duty for Rs. 13.62 Crores on import of the Drawings, Designs and Documents during the year 1994-95, the Company is in appeal. The Hon'ble Supreme Court on 22.9.2005 has remanded our case back to the Tribunal (CESTAT) for reconsideration and the matter is pending with CESTAT. An agreement dated 22nd March, 2006 has been entered into by the Company with a Developer for development of Company’s property located at Gurgaon for a total consideration of Rs.5805Lacs, the Company has recognised the entire consideration in the current year itself as sale of Land & Buildings and Income from Transfer of Development Rights. During the year 2005-06 the Company has entered into an OTS with Banks & Financial Institutions according to which the settlment of dues were to be done partly in cash and partly by issue of equity shares shares of the company. As per the terms of settlement the cash portion has been paid and only the issue of equity shares to IDBI (25 Lacsequity shares) and IFCI (30 Lacs equity shares) are pending. The Company was a Sick Industrial Company within the meaning of Section 3(1)(O) of the Sick Industrial Companies (Special Provisions) Act 1985 and had been referred to Board for Industrial and Financial Reconstruction (BIFR). BIFR, vide its order dated 20/03/2002 has registered the case as case no. 128/2002. As the Net Worth of the Company has become positive during the year 2005-06, it is no longer a Sick unit. The company is in the process of filing application before BIFR for deregistration. Status of investors complaints for the quarter ended 31.3.2006
		Pending as at 1.1.2006	Received during the qurter	Attended during the quarter	Pending as at 31.03.2006
		NIL	NIL	NIL	NIL

Place: New Delhi Date: 30/6/2006				For and on behalf of the Board Dr. A.K. Roopanwal Executive Director

Back