UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31.3.2009

(Rs. In lakhs)
Sl.No.   Particulars  31.03.09 Unaudited 31.03.08 Unaudited 31.03.09 Unaudited 31.3.2008 Unaudited
1 a) Net Sales/Income from operations 5539.11 6577.91 19601.95 21698.13
  b) Other Operating Income 3.90 1.22 10.00 6.55
    Total   5543.01 6579.13 19611.95 21704.68
2   Expenditure         
    a) Increase/decrease in Stock in trade 334.25 -692.99 -57.51 -481.71
    b) Consumption of raw materials 3072.17 4986.68 11759.29 13495.93
    c) Employees Cost 507.19 465.86 2126.95 1885.69
    d) Depreciation  311.56 188.29 777.44 586.17
    e) Other expenditure 733.49 1159.16 3141.31 3464.63
    Total  4958.66 6107.00 17747.48 18950.71
3   Profit  from Operations before Other Income, Interest &        
     Exceptional Items (1-2) 584.35 472.13 1864.47 2753.97
4   Other Income                -                  -                  -                  -  
5   Profit  before Interest & Exceptional Items (3+4) 584.35 472.13 1864.47 2753.97
6   Interest 438.60 278.90 1330.60 1149.00
7   Profit (+)/Loss (-) after Interest but before Exceptional Items (5-6) 145.75 193.23 533.87 1604.97
8   Exceptional Items                -                  -                  -                  -  
9   Profit  from Ordinary Activities before Tax (7+8) 145.75 193.23 533.87 1604.97
10   Tax expenses (including DT & FBT) 26.70 -3.40 38.00 258.21
11   Net Profit  from Ordinary Activities after Tax (9-10) 119.05 196.63 495.87 1346.76
12   Extra Ordinary Item (net of tax expenses Rs. ……..)                -                  -                  -                  -  
13   Net Profit for the period (11-12) 119.05 196.63 495.87 1346.76
14   Paid-up equity share capital (face value of Rs. 10/- each) 1631.54 1631.54 1631.54 1631.54
15   Reserves excluding revaluation reserves.     10373.67 9877.80
16   Earning Per Share  (not annualized)        
  a) Basic (Rs.) 0.73 1.21 3.04 8.25
  b) Diluted (Rs.) - - - -
17   Public shareholding        
     - Number of shares 12494495* 11969495 12494495* 11969495
     - Percentage of shareholding 76.59 73.37 76.59 73.37
18   Promoter and promoter group shareholding         
  a) Pledged / Encumbered        
  i) No. of Shares  2393000** - 2393000** -
  ii) % of Shareholding (as a %of the total shareholding of 62.65% - 62.65% -
     promoter and promoter group)        
  iii) Percentage of Shareholding (as a % of the total share 14.67% - 14.67% -
     capital of the company)        
  b) Non encumbered         
  i) No. of Shares  1426385 - 1426385 -
  ii) Percentage of Shareholding (as a % of the total shareholding  37.35 - 37.35 -
    of promoter & promoter group)        
  iii) Percentage of Shareholding (as a % of the total share  11.43% - 11.43% -
    capital of the company)        
*As on 18.04.2009 - 11944495 shares only; **As on 18.04.2009 - 600000 shares (also under release)

Note:

  • These results were  reviewed by the Audit Committee and taken on record  by the Board  of Directors at  its meeting held on 18th April, 2009.
  • Limited review per clause 41 of the listing agrement has been completed by the  statutory Auditors
  • Status of  Investors complaints for the Quarter ended 31st March, 2009: 
       Beginning                   Received Resolved Pending at the end of Quarter
           Nil                                04 02 02
  • Manufacture of Clutch Assemblies / Clutch Discs is the only segment of Auto components in which  the Companyis engaged as  per AS-17.  Hence  reporting of  segment wise revenue, Results and capital employed under clause41 of the listing Agreement has not been furnished.
  • Previous year figures has been regrouped and/or rearranged wherever considered  necessary.
          By Order of the BoardFor Clutch Auto Limited
Place:  New Delhi V K MEHTA
Date:  18.04.2009 Chairman & Managing Director