GIVO LIMITED
Regd Office: 42nd Mile Stone, Kherki Daula, Gurgaon, Haryana - 122001
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30Th SEPTEMBER, 2005
         
(Rs. in 'Lacs)
 
1.1
1.2
1.3
PARTICULARS Quarter ended
30.9.2005
(Unaudited)		 Quarter ended
30.9.2004
(Unaudited)
Half Year ended
30.9.2005
(Unaudited)
Half Year ended
30.9.2004
(Unaudited)
Year ended
31.3.2005
(Audited)
           
1. Net Sales / Income from Operations
258.82
281.78
445.17
549.4
1400.79
 
 
 
 
2. Other Income
67.15
60.56
146.70
122.15
251.32
3. Total Expenditure
310.57
301.61
535.67
591.98
1460.17

a. Decrease/(Increase) in stocks
(34.34)
(18.29)
(85.18)
(40.16)
3.50

b. Consumption of Raw Materials
147.64
103.43
266.48
240.15
549.37

c. Staff Cost
94.28
95.42
181.13
185.77
401.44

d. Other Expenditure
 
 
 

- Selling, Administrative and Distribution Expenses
102.99
121.05
173.24
206.22
505.86
 
 
 
 
4. Exchange fluctuation loss/(Income)
18.91
(0.69)
6.06
(52.52)
(38.99)
5. Interest
3.84
7.12
7.35
10.39
21.54
6. Depriciation
83.81
82.65
161.93
164.40
303.91
7. Profit(+)/ Loss(-) before Tax (1+2+3+4-5-6)
(91.16)
(48.35)
(119.14)
(42.70)
(94.52)
8.Provision for Taxation
-
-
-
9. Net Profit(+)/ Loss(-)(6-7)
(91.16)
(48.35)
(119.14)
(42.70)
(94.52)
10. Paid up Equity Share Capital
5,2229.23
5,228.45
5,229.23
5,228.45
5,228.65

(Face Value of per Equity Share is rs. 10/- each)
 
 
 
11. Reserves excluding revaluation reserves
-
-
-
-
-
12. Basic & Diluted EPS
 
 
 

Basic EPS
(0.17)
(0.09)
(0.23)
(0.08)
(0.18)

Diluted EPS
(0.16)
(0.08)
(0.21)
(0.07)
(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 24.10.2005.
  2. Against the 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 which the Hon'ble Supreme Court has referred back 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 Company is in the process of negotiating an OTS proposal with the Financial Institutions. As such, the interest amounting to Rs. 103.26 Lacs for the quarter ended September 30, 2005 and Rs. 4281.04 Lacs in respect of earlier years has not been provided in the books of accounts.
  5. Segmentation of Expenditure, Net Results and Capital Employed is not possible due to the nature of business.
  6. Status of investors complaints for the quarter ended September 30, 2005.
 
Pending as at 1.7.2005
Received during the qurter
Attended during the quarter
Pending as at 30.9.2005
 
NIL
TWO
TWO
NIL
           

Place: New Delhi

Date: 24/10/2005

      

For and on behalf of the Board

( Director)

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