PRIYA INTERNATIONAL LIMITED
UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER ENDED 31ST DECEMBER, 2003
   
(Rs. in lakhs)          
   
Quarter ended
Nine months ended
Year
   
31st December
31st December
Ended
Sr.
   Particulars
31/3/2003
No.
  
2003
2002
2003
2002
(Audited)
           
1
   Net Sales / Income from operations 283.95 87.66 459.71 271.36 341.80
2
   Other Income 4.66 0.81 29.85 3.73 9.66
           
3
   Total Expenditure 275.37 79.87 435.48 244.84 317.37
           
  a]  (Increase) / Decrease in stocks
23.26
 11.31 10.67 25.05 3.97
  b]  Cost of materials / Purchase 204.80 28.14 299.50 96.75 144.97
  c]  Staff Cost 15.22 9.18 36.98 37.08 48.71
  d]  Other Expenses 32.09 31.24 88.33 85.96 119.72
           
4

  Gross Profit before depreciation and Tax

 13.24
8.60
 54.08 30.25 34.09
5
   Depreciation 1.07 0.91 2.56 2.67 3.55
 
            
6
   Profit before tax & Extra Ordinary Item 12.17 7.69 51.52 27.58 30.54
7
   Extra ordinary Item -provision for diminution in value
0.00
0.00
2.00
0.00
0.00
  of Investment          
8
   Profit before tax
12.17
7.69
49.52
27.58
30.54
9
   Provision for Taxation - Current tax
4.54
3.50
12.82
11.00
11.48
  Provision for Taxation - Deferred tax
(0.19)
(0.80)
(0.20)
(2.31)
(0.86)
             
10
   Net Profit or (-) Loss after tax 7.82 4.99 36.90 18.89 19.92
           
11
   Paid-up Equity Share Capital 99.60 99.60 99.60 99.60 99.60
  (Face value of Rs. 10/- each)          
           
12
   Reserves excluding revaluation reserves
-   
-   
-   
-   
202.69
 
            
13
   Basic EPS Rs/share (not annualized)
0.79
0.50
3.70
1.90
2.00
           
14
   Aggregate of Non-promoters Shareholding :          
  No. of  Shares
107450
100450
92450
  Percentage of Shareholding
10.79
10.08
9.28
           
             
Segment wise Revenue, Results and Capital Employed, under Clause 41 of the Listing Agreement
             
   
Quarter ended
Nine months ended
Year
   
31st December
on 31st December
Ended
   
2003
2002
2003
2002
31/3/2003
1
 Segment Revenue (Net Sales and Income)          
a  
 Chemical Sales 68.50 54.80 185.57 165.10 207.83
b  
 Electronic sales 174.03 0.00 174.03 0.00 0.00
c  
 Indenting Commission 41.42 32.86 100.11 106.26 133.97
  Total 283.95 87.66 459.71 271.36 341.80
2
 Segment Result (Profit before Interest and Tax)          
a  
 Chemical Sales 9.02 14.16 39.05 36.73 43.77
b  
 Electronic sales 0.70 0.00 0.70

0.00

 0..00
c  
 Indenting Commission 27.60 20.02 46.94 67.71 75.79
  Total 37.32 34.18 86.69 104.44 119.56
  Less: Interest Expenses 0.00 0.00 0.00 0.00 0.00
  Less: Other Un allocable Expenditure net off Un allocable Income 25.15 26.49 37.17 76.86 89.02
  Total Profit before Tax 12.17 7.69 49.52 27.58 30.54
3
 Capital Employed (Segment Assets less Liabilities)          
a  
 Chemical Sales     278.45 94.24 205.71
c  
 Electronic sales     0.00 0.00 0.00
b  
 Indenting Commission     15.39 18.48 15.10
c  
 Other Un allocable Assets less Liabilities     35.06 197.12 71.39
   Total    
328.91
309.84
292.20
             
Note:    
1
 Previous year figures is regrouped/rearranged where ever considered necessary to make them comparable.
2
 The above results have been taken on record by the Board of Directors at its meeting held on 31st January, 2004. and the same have been reviewed by the Statutory Auditors of the Company.
3
 Other income for the nine months ended on 31st Dec. 2003 includes Rs.22.25 Lacs profit on sale of Investments. 
4
 There were no investor complaints pending at the beginning of the quarter. One complaint was received from the investor during the quarter and was resolved. No complaint was pending as on 31st December, 2003.