GIVO LIMITED
Regd. Office : 42nd Milestone, Kherki Daula, Gurgaon - 122001, Haryana.
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER  ENDED 30TH JUNE'2007
         
      (Rs. In lacs)
Particulars 1.1 1.1 1.2 2
Six months ended December, 2002 Quarter ended 30-6-2007 [Unaudited] Quarter ended 30-6-2006 [Unaudited] Year   ended  31-03-2007  [Audited)
         
1. Net Sales/Income from Operations     933.17                 334.69                 231.79           1,779.79
         
2. Other Income     204.09                    3.12                   92.34              146.01
         
3. Total Expenditure                   251.90                 164.03           1,656.75
a. Decrease/(Increase) in Stocks                 (182.90)                   35.90            (185.04)
b. Consumption of Raw Materials including Finished Goods Purchases     453.82                 315.02                   75.70              835.39
c. Staff Cost     180.18                   71.62                   27.24              495.24
d. Other expenditure        
   - Manufacturing, Administrative, and Selling & Distribution Expenses     247.73                   48.16                   25.19              511.16
         
   4. Exchange fluctuation Loss/(Income)                 (125.07)                   (0.18)              (30.30)
5. Interest      16.08                    8.48                     4.32               27.38
         
6. Depreciation     155.21                   68.39                   66.15              258.84
         
7. Profit(+)/Loss(-) before Tax (1+2-3-4-5-6)     84.24                134.10                  89.81              13.13
         
8. Provision for taxation           -                     78.86                     0.24                 3.26
* Current Tax                     11.33                        -                      -  
* Fringe Benefit Tax                      0.76                     0.24                 3.40
* Deffered Tax                     66.77                        -                  (0.14)
         
9. Net Profit (+)/Loss(-) (6-7)     84.24                  55.25                  89.57                9.87
         
10. Paid-up equity share capital (Face value of per equity share is Rs. 10/- each)  5,227.89              5,781.42               5,231.42           5,781.42
         
11. Reserves excluding revaluation reserves    -   -          (2,584.10)
         
 12. Basic and diluted EPS         
        Basic EPS         0.16                    0.10                     0.17                 0.02
         Diluted EPS         0.15                    0.10                     0.15                 0.02
         
13. Aggregate of Non Promoter Sharholding        
----- Number of shares  ######           20,910,500           15,410,500       20,910,500
----- Percentage of Shareholding 33.14% 36.09% 29.39% 36.09%
         
         
 
         
 
         
 
         
 
 
         
 
         
 
 
 
         
 
         
 
NOTES:        
1. Above unaudited figures were taken on record by the Board of Directors in their meeting held on 25.07.2007.
         
         
2. Since the Company's main business is seasonal in nature, the Company for the purposes of interim results has accounted for off season expenditure of Rs.61.63 Lacs (Previous Year Rs.111.19 Lacs) on "Integral Approach" basis for inclusion in the cost of production in relevant period of the year. This will not affect the annual results for the year.
         
3. 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.
         
         
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 June 30, 2007.        
         
                                   Pending as at 1.4.2007   Received during the qurter Attended during the quarter  Pending as at 30.06.07
NIL   4 2 2
         
    For and on behalf of the Board
         
         
         
         
Place : Gurgaon   (Aninda Mukharji)
Date : 25.7.2007   Whole Time Director

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