PRIYA 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

11613.81

9539.26

2 OTHER INCOME 37.80 81.92
3 TOTAL EXPENDITURE 11438.51 9504.56
4 INTEREST (NET) 108.60 138.02
5 GROSS PROFIT AFTER INTEREST 104.50 -21.40
BUT BEFORE DEPRECIATION  & TAX
6 DEPRECIATION 14.52 12.49
7 PROVISION FOR TAXATION - -
8 NET PROFIT OR (-)LOSS AFTER TAX 89.98 -33.89
9 EQUITY SHARE CAPITAL 300.23 300.23
10 RESERVES EXCLUDING 
REVALUATION RESERVES 2105.59 2084.27
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.