SRIL - Un-Audited Balance Sheet as on 30-09-2007

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/HALF YEAR  ENDED SEPTEMBER 30, 2007
(Rs. in lacs)
            QUARTER  ENDED QUARTER  ENDED HALF YEAR ENDED HALF YEAR ENDED YEAR ENDED
  PARTICULARS   30.09.2007 30.09.2006 30.09.2007 30.09.2006 31.03.2007
            (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) (AUDITED)
                     
1 NET SALES/INCOME FROM OPERATIONS 861.01 1013.11 1686.53 1940.78 3848.39 825.52
2 OTHER INCOME  72.42 33.90 139.52 65.59 174.31 67.10
3 TOTAL EXPENDITURE          
  a) (INCREASE)/DECREASE IN STOCK IN TRADE 6.05 (76.48) (89.06) (35.39) (129.28) (95.11)
  b) CONSUMPTION OF RAW MATERIALS & STORES 537.77 701.55 1146.15 1224.29 2505.96 608.38
  c) POWER & FUEL 78.98 76.20 148.71 143.71 287.82 69.73
  d) STAFF COST 63.82 62.80 131.65 117.16 268.64 67.83
  e) SELLING EXPENSES 45.04 44.47 89.37 94.01 230.27 44.33
  f) OTHER EXPENDITURE 66.78 90.59 132.74 146.46 331.95 65.96
4 INTEREST & OTHER FINANCIAL EXPENSES 43.92 37.89 88.20 65.38 147.52 44.28
5 DEPRECIATION 85.05 80.84 168.83 137.64 292.51 83.78
6 PROFIT(+)/LOSS(-) FOR THE YEAR/PERIOD (1+2-3-4-5) 6.02 29.15 9.46 113.11 87.30 3.44
7 EXPENSES RELATING TO PREVIOUS YEARS - - - - 1.69 -
8 NET PROFIT(+)/LOSS (-)  (6-7) 6.02 29.15 9.46 113.11 85.61 3.44
9 PROVISION FOR TAXATION          
   - CURRENT TAXES 0.68 2.45 1.04 9.52 9.10 0.36
   - DEFERRED TAXES - - - - 68.20 -
   - FRINGE BENEFIT TAX 0.85 1.20 1.50 2.20 6.00 0.65
10 NET PROFIT(+) AFTER TAXATION  (8-9) 4.49 25.50 6.92 101.39 2.31 2.43
11 PAID-UP EQUITY SHARE CAPITAL 1254.62 1133.11 1254.62 1133.11 1192.22 1192.22
12 RESERVES (EXCLUDING REVALUATION RESERVES) - - - - 155.21 155.21
13 EARNING PER SHARE ( NOT ANNUALISED) (Rs.)           
  - BASIC 0.04 0.22 0.06 0.89 0.02 0.02
  - DILUTED 0.04 0.20 0.06   0.02 0.02
14 AGGREGATE OF NON-PROMOTER SHAREHOLDING          
   - NUMBER OF SHARES 8279900 8279900 8279900 8279900 8279900 8279900
   - PRECENTAGE OF SHAREHOLDING 65.85 72.89 65.85 72.89 69.29 69.29
                     
NOTE :- (i) No complaint was pending at the beginning and at the end of  the quarter. During the quarter ended September 30, 2007 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 October 31, 2007.
(iii) The Limited Review by the Auditors as required under Clause 41 of the Listing Agreement has been carried out. 
(iv) 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   : October 31, 2007 MANAGING DIRECTOR
Weaving together the fabric of success ................