GIVO LIMITED
Regd Office: 42nd Mile Stone, Kherki Daula, Gurgaon, Haryana - 122001
AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE, 2006
			Rs. in Lacs
	1.1	1.2	1.3
PARTICULARS	Quarter ended 30.06.2006 (Unaudited)	Three months ended 31.06.2005 (Unaudited)	Year ended 31.03.2006 (Audited)

1. Net Sales / Income from Operations	177.65	186.35	1,343.52

2. Other Income	146.48	79.55	2621.51
3. Total Expenditure	164.03	225.09	1312.28
a. Decrease/(Increase) in stocks	35.90	(50.83)	(55.55)
b. Consumption of Raw Materials	75.70	118.82	595.12
c. Staff Cost	27.23	86.85	361.74
d. Other Expenditure
- Selling, Administrative and Distribution Expenses	25.19	70.25	410.97

4. Exchange fluctuation loss/(Income)	(0.18)	(12.85)	28.45
5. Interest	4.32	3.51	17.20
6. Depriciation	66.15	78.12	301.00
7. Profit(+)/ Loss(-) before Tax (1+2+3+4-5-6)	89.81	(27.97)	2306.10
8.Provision for Taxation
*Current Tax	-	-	-
*Fringe Benefit Tax	0.24	-	8.20
*Deffered Tax	-	-	(276.81)
9. Net Profit(+)/ Loss(-)(6-7)	89.57	(27.97)	2574.71
10. Paid up Equity Share Capital	5231.42	5229.23	5231.42
(Face Value of per Equity Share is rs. 10/- each)
11. Reserves excluding revaluation reserves	-	-	-
12. Basic & Diluted EPS
Basic EPS	0.17	(0.05)	4.92
Diluted EPS	0.15	(0.05)	4.44
13. Aggregate of Non Promoter Share Holding
Number of Shares	15,410,500	17,373,800	17,373,800
Percentage of Share Holding	29.39%	33.14%	33.14%


NOTES: 1. Above unaudited figures were taken on record by the Board of Directors in its meeting held on 31st July,2006. 2. 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. 3. The Company had been reported to be a Sick Industrial Company within the meaning of Clause (o) of Section 3(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 of India. A reference has been made to the Board of Industrial and Financial Reconstruction (BIFR) under Section 15 of the aforesaid Act. The case had been registered by BIFR on 20.3.2002 as Case No. 128/02. However, 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 an application before BIFR for deregistration. 4. The Company's main business is seasonal in nature and thus the Company has changed the accounting policy to reflect the financial results accordingly. Thus, the off-season expenditures aggregating Rs.111.19 Lacs have been deferred for inclusion in the cost of subsequent production in the remainder of the year. 5. Other Income includes Rs.87.04 Lacs (Previous Year Rs.NIL) towards write back of interest liability provided in earlier years on External Commercial Borrowings (ECB) on account of its waiver by the party. 6. Status of investors complaints for the quarter ended June 30, 2006.
Pending as at 1.4.2006	Received during the quarter	Attended during the quarter	Pending as at 30.6.2006
NIL	3	2	1
		For and on behalf of the Board
Place: New Delhi Date: 31/July/2006		(Dr. A.K. Roopanwal) Executive Director

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