| GIVO LIMITED | |||||
| Regd. Office : 42nd Milestone, Kherki Daula, Gurgaon - 122001, Haryana. | |||||
| AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH'2007 | |||||
| Rs. In Lacs | |||||
| Particulars | 1.1 | 1.2 | 1.3 | 1.4 | 1.5 |
| Nine Months ended 31-12-2006 (Unaudited) | Three Months ended 31-03-2007 (Unaudited) | Three Months Ended 31.03.2006 (Unaudited) | Year Ended 31.03.2007 (Audited) | Year ended 31-03-2006 [Audited) | |
| 1. Net Sales/Income from Operations | 1,252.29 | 527.50 | 487.55 | 1,779.79 | 1,343.52 |
| 2. Other Income | 129.48 | 16.53 | 2,450.81 | 146.01 | 2,621.51 |
| 3. Total Expenditure | 1,027.43 | 629.32 | 420.64 | 1,656.75 | 1,312.28 |
| a. Decrease/(Increase) in Stocks | (137.92) | (47.12) | (23.39) | (185.04) | (55.55) |
| b. Consumption of Raw Materials | 562.15 | 273.24 | 186.07 | 835.39 | 595.12 |
| c. Staff Cost | 295.69 | 199.55 | 83.87 | 495.24 | 361.74 |
| d. Other expenditure | |||||
| - Manufacturing,Administrative, and Selling & Distribution Expenses | 307.51 | 203.65 | 174.09 | 511.16 | 410.97 |
| 4. Exchange fluctuation Loss/(Income) | (1.12) | (29.18) | 19.04 | (30.30) | 28.45 |
| 5. Interest | 17.45 | 9.93 | 4.74 | 27.38 | 17.20 |
| - | |||||
| 6. Depreciation | 200.96 | 57.88 | 57.55 | 258.84 | 301.00 |
| 7. Profit(+)/Loss(-) before Tax (1+2-3+4-5-6) | 137.05 | (123.92) | 2,436.39 | 13.13 | 2,306.10 |
| 8. Provision for taxation | 2.05 | 1.21 | (268.61) | 3.26 | (268.61) |
| *Current tax | - | - | - | - | |
| *Fringe Benefit tax | 2.05 | 1.35 | 8.20 | 3.40 | 8.20 |
| *Deferred tax | - | (0.14) | (276.81) | (0.14) | (276.81) |
| 9. Net Profit (+)/Loss(-) (6-7) | 135.00 | (125.13) | 2,705.00 | 9.87 | 2,574.71 |
| 10. Paid-up equity share capital (Face value of per equity share is Rs.10/- each) | 5,231.42 | 5,781.42 | 5,231.42 | 5,781.42 | 5,231.42 |
| 11. Reserves excluding revaluation reserves | - | - | - | - | - |
| 12. Basic and diluted EPS | |||||
| Basic EPS | 0.26 | (0.22) | 5.17 | 0.02 | 4.92 |
| Diluted EPS | 0.23 | (0.22) | 4.67 | 0.02 | 4.44 |
| 13. Aggregate of Non Promoter Sharholding | |||||
| ----- Number of shares | 15,410,500 | 20,910,500 | 17,373,800 | 20,910,500 | 17,373,800 |
| ----- Percentage of Shareholding | 29.39% | 36.09% | 33.14% | 36.09% | 33.14% |
| NOTES: | |||||
| 1. Above Audited figures were taken on record by the Board of Directors in their meeting held on 23rd June, 2007 | |||||
| 2. The Company is in appeal 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 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. | |||||
| 3. In January,2007, the Company has allotted 55,00,000 equity shares of Rs.10/- each to the Financial Institutions in terms of the OTS. | |||||
| 4. The Company operates through single business segment i.e.Manufacturing and Selling of Garments. | |||||
| 5. Figures for corresponding period of the previous year have been regrouped/ rearranged, wherever required. | |||||
| 6. Status of investors complaints for the quarter ended March 31, 2007. | |||||
| Pending as at 01.01.07 | Received during the qurter | Attended during the quarter | Pending as at 31.3.07 | ||
| NIL | One | One | NIL | ||
| For and on behalf of the Board | |||||
| Place : Gurgaon | Aninda Mukharji | ||||
| Date : 23rd June, 2007 | Whole Time Director | ||||