SRIL - Audited Balance Sheet for Financial Year 2006-07

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, 2007
							(Rs. in lacs)
						YEAR ENDED	YEAR ENDED
		PARTICULARS				ON 31-03-2007	ON 31-03-2006
1	NET SALES/INCOME FROM OPERATIONS					3848.39	3730.40
2	OTHER INCOME					174.31	124.08
3	TOTAL EXPENDITURE
	a)	INCREASE IN STOCK IN TRADE				(129.28)	(163.35)
	b)	CONSUMPTION OF RAW MATERIALS & STORES				2505.96	2471.68
	c)	POWER & FUEL				287.82	231.10
	d)	STAFF COST				268.64	208.93
	e)	SELLING EXPENSES				230.27	175.09
	f)	OTHER EXPENDITURE				331.95	237.23
4	INTEREST & OTHER FINANCIAL EXPENSES					147.52	114.43
5	DEPRECIATION					292.51	227.89
6	PROFIT FOR THE YEAR (1+2-3-4-5)					87.30	351.48
7	EXPENSES RELATING TO PREVIOUS YEARS					1.69	2.34
8	PROFIT BEFORE TAX (6-7)					85.61	349.14
9	PROVISION FOR TAXATION
	- CURRENT TAXES					9.10	29.00
	- DEFERRED TAXES					68.20	(6.00)
	- FRINGE BENEFIT TAX					6.00	4.69
10	PROVISION FOR TAXES NOT REQUIRED					-	(13.50)
11	NET PROFIT AFTER TAXATION  (8-9+10)					2.31	334.94
12	PAID-UP EQUITY SHARE CAPITAL					1192.22	1133.11
13	RESERVES (EXCLUDING REVALUATION RESERVES)					155.21	128.61
14	EARNING PER SHARE (Rs.)
	- BASIC					0.02	2.95
	- DILUTED					0.02	2.80
15	AGGREGATE OF NON-PROMOTER SHAREHOLDING
	- NUMBER OF SHARES					8279900	8279900
	- PRECENTAGE OF SHAREHOLDING					69.29	72.89
NOTE :-	(i) During the quarter ended March 31, 2007 seven 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 28, 2007.
							For S.R.Industries Ltd
							sd/-
Place  : Chandigarh							R.C.Mahajan
Date   : June 28, 2007							Managing Director
Weaving together the fabric of success ................