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2nd June, 2010

Dear Shareholder(s),


I am pleased to announce the Company's Audited Results for the quarter as well as year ended 31st March,2010 which  were adopted by the Board on 12th May,2010.

The results of the quarter as well as year  ended 31st March,2010 have shown an improved performance, with respect to sales , contribution on sales, realization and capacity utilization.

The comparison of figures quarterly/yearly results in comparison to corresponding quarter/year is given below.

                                                                                                                                                                   (Rs. In Lacs)

       
 

Quarter Ended 31st March,2010

Quarter Ended 31st March,2009

Year Ended 31st March,2010
 

Year  Ended 31st March,2009

Net Sales Revenue 

1105

536

3759

2934

         
Profit Before Interest
 Depreciation and Taxes(PBIDT)

219

24

679

281

PBIDT as % of Net Sales

19.82%

4.48%

18.06%

9.57%

Profit / (Loss) before tax

103

(71)

252

(123)
Profit /(Loss) after Tax Including MAT Credit Entitlement Received

110

(84)

218

(137)

The Company has shown an improvement in its competitiveness and has potential to grow more.

Company has continued capturing new markets both domestic and export and is also striving to increase its presence in different segments. We have been concentrating on augmenting our resources, to meet the new challenges and focusing on growth of sales and profits with further efforts to reduce costs.

I am hopeful that the Company will continue to grow in the times to come.

 

With best wishes

Ashok Jaipuria
Chairman

 

 

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