SRIL - Un-Audited Balance Sheet as on 30-06-2006

S.R. INDUSTRIES LIMITED
Regd. Office : Village Kuranwala, Barwala Road
Derabassi, Distt. S.A.S Nagar, Mohali (Pb.)
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED JUNE 30, 2006
(Rs. in lacs)
            QUARTER  ENDED QUARTER  ENDED YEAR ENDED
  PARTICULARS   30.06.2006 30.06.2005 31.03.2006
            (UNAUDITED) (UNAUDITED) (AUDITED)
                 
1 NET SALES/INCOME FROM OPERATIONS 927.67 785.48 3730.40
2 OTHER INCOME  31.69 11.36 124.08
3 TOTAL EXPENDITURE      
  a) (INCREASE)/DECREASE IN STOCK IN TRADE 41.09 65.91 (163.35)
  b) CONSUMPTION OF RAW MATERIALS & STORES 522.74 414.78 2471.68
  c) POWER & FUEL 67.51 51.76 231.10
  d) STAFF COST 54.36 63.45 208.93
  e) SELLING EXPENSES 49.54 31.71 175.09
  f) OTHER EXPENDITURE 55.87 23.82 237.23
4 INTEREST & OTHER FINANCIAL EXPENSES 27.49 17.93 114.43
5 DEPRECIATION 56.80 55.67 227.89
6 PROFIT(+)/LOSS(-) FOR THE YEAR/PERIOD (1+2-3-4-5) 83.96 71.81 351.48
7 EXPENSES RELATING TO PREVIOUS YEARS 0.00 0.00 2.34
8 NET PROFIT(+)/LOSS (-)  (6+7-8) 83.96 71.81 349.14
9 PROVISION FOR TAXATION      
   - CURRENT TAXES 7.07 6.04 29.00
   - DEFERRED TAXES 0.00 9.40 (6.00)
   - FRINGE BENEFIT TAX 1.00 0.00 4.69
10 PROVISION FOR TAX NOT REQUIRED 0.00 0.00 (13.50)
11 NET PROFIT(+) AFTER TAXATION  (9-10) 75.89 56.37 334.94
12 PAID-UP EQUITY SHARE CAPITAL 1133.11 1080.39 1133.11
13 RESERVES (EXCLUDING REVALUATION RESERVES) 128.61 30.00 128.61
14 EARNING PER SHARE ( NOT ANNUALISED) (Rs.)       
  - BASIC 0.67 0.52 2.93
  - DILUTED 0.64 0.52 2.80
15 AGGREGATE OF NON-PROMOTER SHAREHOLDING      
   - NUMBER OF SHARES 8279900 7553800 8279900
   - PRECENTAGE OF SHAREHOLDING 72.89 69.68 72.89
                 
NOTE :- (i) No complaint was pending at the beginning and at the end of  the quarter. During the quarter ended June 30, 2006 six complaints were received which were promptly attended to.
(ii) The above results were taken on record by the Board of Directors at its meeting held on July 29, 2006.
(iii) The Limited Review by the Auditors as required under Clause 41 of the Listing Agreement has been carried out. 
(iv) The Company has substantial unabsorbed depreciation and carried forward losses under the Income Tax Act, 1961, hence, the provision, if any for the deferred tax liability will be made at the year end.
For S.R.INDUSTRIES LTD.
sd/-
Place  : Chandigarh  R.C.MAHAJAN
Date   : July 29, 2006 MANAGING DIRECTOR
Weaving together the fabric of success ................