201403 - Quarter 4
1. The company has proposed final Dividend @ 100 % (Re 1 per share
having par value of Re. 1) for
the financial year 2013-14 aggregating to Rs. 204.02 cr, including
to the withdrawal of mandatory status of AS-30, 31 & 32, the
applicability of the same was
discontinued from the second quarter of current financial year. As a
result, investment held for
sale in non-current category have been accounted for at cost and
current investments at lower of
cost and market value. This contributed to reduction in profit (shown
under extra-ordinary item)
and value of current investment by Rs. 0.05 cr. each for the current
period ended March 31, '14
and decrease in non-current investment by Rs. 0.66 cr, and net worth
by Rs. 0.71 cr.
During the quarter Rs. 195.56 cr. have been invested on account of
long term investment which
includes Rs. 5.20 cr. in a wholly owned domestic
4. The figures of the last
quarter are the balancing figures between audited figures in respect
of the full financial year and
the published year to date figures upto the third quarter of the
current financial year.
Previous period figures have been regrouped / rearranged wherever
necessary to conform to
classification of this period.
6. The above results, duly
reviewed by the Audit Committee,
have been approved by the Board of Directors in its meeting held on
April 29, 2014.
Statutory Auditors have completed the audit for the financial year
ended March 31, 2014.
Anand C Burman