Pasupati Acrylon for Acrylic Fibre

UNAUDITED FINANCIAL RESULTS (REVIEWED)
FOR THE QUARTER ENDED 31st DECEMBER, 2006

(Rs. Crores)

Sr. No.	Particulars	Quarter Ended		Nine Months Ended		AuditedYear Ended
Sr. No.	Particulars	31.12.06	31.12.05	31.12.06	31.12.05	31.03.06
1.	Gross Sales	66.56	73.35	231.77	212.79	293.82
	Less: Excise Duty	4.49	8.00	14.72	23.87	30.52
	Net Sales	62.07	65.35	217.05	188.92	263.30
2.	Other Income	2.80	3.11	3.46	4.76	5.75
3.	Total Income	64.87	68.46	220.51	193.68	269.05
4.	Total Expenditure	62.36	69.45	210.40	193.37	267.58
.	(a) (Increase) / Decrease in Stock(s)	(18.91)	7.94	(24.06)	(10.21)	(6.54)
	(b) Excise duty on Increase/Decrease in Stock	1.43	(0.97)	1.88	1.46	(0.05)
	(c) Consumption of Raw Materials	64.25	46.47	183.67	158.05	214.90
	(d) Power & fuel	6.81	6.18	21.92	19.63	26.53
	(e) Staff Cost	2.31	2.46	7.29	7.00	9.18
	(f) Other Expenditures	6.47	7.37	19.70	17.44	23.56
5.	Profit Before Interest & Depreciation (3-4)	2.51	(0.99)	10.11	0.31	1.47
6.	Interest	1.98	1.97	6.20	5.24	7.22
7.	Depreciation	2.66	2.66	7.96	7.97	10.63
8.	Profit / (Loss) Before Tax (5-6-7)	(2.13)	(5.62)	(4.05)	(12.90)	(16.38)
9.	Provision for Taxation (Incl. Fringe Benefit Tax)	0.07	0.07	0.15	0.16	0.25
10.	Net Profit / (Loss) (8-9)	(2.20)	(5.69)	(4.20)	(13.06)	(16.63)
11.	Paid Up Equity Share Capital	71.14	63.49	71.14	63.49	71.14
.	(Face value Rs. 10/- per share)
12.	Reserve ( Excluding Revaluation Reserve)	--	--	--	--	--
13.	Earning Per Share (Rs.)-Basic & Diluted	(0.31)	(0.90)	(0.59)	(2.06)	(2.88)
14.	Aggreegate of Non-Promoter Shareholdings;
	- Number of Shares	30417096	33351766	30417096	33351766	30417546
	- Percentage of Shareholding	42.76	52.54	42.76	52.54	42.76
Notes:
The Net Deferred Tax Assets of Rs.21.71 Crores as on 31.03.2006 has not been recognised in view of uncertainity of its realisation as recommended under Accounting Standard - 22 on 'Deferred Taxation' issued by Institute of Chartered Accountants of During the quarter 199 investor complaints were received, which were attended by the company. No investor complaints were pending either at the beginning or at the end of the quarter. Figures have been regrouped wherever considered necessary. Implementation of AS-15, as revised will be taken up at the close of the year. These results have been taken on record by the Board of Directors at meeting held at 24th JAN., 2007.
On Behalf Of Board of Directors
Dated: 24th Jan., 2007			Vineet Jain Managing Director
Place: New Delhi			Vineet Jain Managing Director