PRIYA INTERNATIONAL LIMITED

AUDITED FINANCIAL RESULTS

FOR THE PERIOD ENDED  31ST  MARCH, 1999

( Rupees in lacs )

Year ended on Year ended on
SR. Particulars 31/03/1999 31/03/1998
No. (Audited) (Audited)
1 NET SALES

273.24

638.77

2 OTHER INCOME 11.96 29.35
3 TOTAL EXPENDITURE 266.36 674.46
4 INTEREST (NET) -4.00 -0.27
5 GROSS PROFIT AFTER INTEREST 22.84 -6.07
BUT BEFORE DEPRECIATION  & TAX
6 DEPRECIATION 9.54 11.15
7 PROVISION FOR TAXATION 0.50 0.00
8 NET PROFIT OR (-)LOSS AFTER TAX 12.80 -17.22
9 EQUITY SHARE CAPITAL 9.96 9.96
10 RESERVES EXCLUDING 
REVALUATION RESERVES 189.61 187.72
NOTE:
1 THE ABOVE ESTIMATED RESULTS WERE APPROVED AND TAKEN ON RECORD
BY THE BOARD OF DIRECTORS AT ITS MEETING HELD ON 25TH MAY, 1999
2 THE FIGURES FOR QUARTER ENDED 31ST MARCH, 1998 CANNOT BE 
ASCERTAINED.
3 THE COMPANY IS TAKING DUE STEPS TO ASSURE / SECURE Y2K COMPLIANCE
IN THE COMPANY'S OPERATIONS. THE COST INVOLVED IS RS. 43.08 LACS.
4 THE BOARD HAS RECOMMENDED A DIVIDEND OF 15% SUBJECT TO THE APPROVAL
OF SHAREHOLDERS AT THE FORTHCOMING ANNUAL GENERAL MEETING.