SRIL - Audited Balance Sheet for Financial Year 2005-06

S.R. INDUSTRIES LIMITED
Regd. Office : Village Kuranwala, Barwala Road
Derabassi, Distt. S.A.S Nagar, Mohali (Pb.)
AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2006
(Rs. in lacs)
            YEAR ENDED YEAR ENDED
  PARTICULARS   ON 31-03-2006 ON 31-03-2005
               
               
1 NET SALES/INCOME FROM OPERATIONS   3730.40 3604.92
2 OTHER INCOME    124.08 2.08
3 TOTAL EXPENDITURE      
  a) INCREASE IN STOCK IN TRADE   (163.35) (227.20)
  b) CONSUMPTION OF RAW MATERIALS & STORES   2471.68 2420.73
  c) POWER & FUEL   231.10 200.05
  d) STAFF COST   208.93 201.58
  e) SELLING EXPENSES   175.09 186.35
  f) OTHER EXPENDITURE   237.23 209.35
4 INTEREST & OTHER FINANCIAL EXPENSES   114.43 62.95
5 DEPRECIATION   227.89 218.17
6 PROFIT(+)/LOSS(-) FOR THE YEAR/PERIOD (1+2-3-4-5)   351.48 335.02
7 EXPENSES RELATING TO PREVIOUS YEARS   2.34 0.25
8 PROFIT(+)/LOSS(-) BEFORE TAX (6+7-8)   349.14 334.77
9 PROVISION FOR TAXATION      
   - CURRENT TAXES   29.00 13.50
   - DEFERRED TAXES   (6.00) 130.04
   - FRINGE BENEFIT TAX   4.69 -
10 PROVISION FOR TAXES NOT REQUIRED   (13.50) -
11 NET PROFIT(+)/LOSS (-) AFTER TAXATION  (9+10)   334.94 191.23
12 PAID-UP EQUITY SHARE CAPITAL   1133.11 1080.05
13 RESERVES (EXCLUDING REVALUATION RESERVES)   128.61 30.00
14 EARNING PER SHARE (Rs.)       
  - BASIC   2.93 1.76
  - DILUTED   2.80 1.76
15 AGGREGATE OF NON-PROMOTER SHAREHOLDING      
   - NUMBER OF SHARES   8279900 6839500
   - PRECENTAGE OF SHAREHOLDING   72.89 63.10
               
NOTE :- (i) During the quarter ended March 31, 2006 twelve complaints were received, which were promptly attended by the Company. No complaint is pending either at the beginning or at the end of the quarter.
(ii) The above results were taken on record by the Board of Directors at its meeting held on June 26, 2006.
Place  : Chandigarh
Date   : June 26, 2006
Weaving together the fabric of success ................