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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)
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Quarter Ended 31st
March,2010
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Quarter Ended 31st
March,2009
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Year
Ended 31st March,2010
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Year Ended
31st March,2009
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| Net
Sales Revenue |
1105 |
536 |
3759
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2934
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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) |
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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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