| |
| QUARTERLY
RESULTS |
| SESA
GOA LIMITED
Regd. Office: Sesa Ghor, 20 EDC Complex, Patto,
Panjim, Goa-403001 |
| UNAUDITED
FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS
ENDED 31ST DECEMBER 2007 |
| Click
here to view the pdf version of
the results |
| (Rs in million)
|
|
Particulars |
STAND
ALONE |
CONSOLIDATED |
| Unaudited |
Unaudited |
Audited |
Unaudited |
Unaudited |
Audited |
| Quarter
Ended |
9
Months Ended |
Year Ended |
Quarter
Ended |
9
Months Ended |
Year Ended |
| 31
December |
31
December |
31 March |
31
December |
31
December |
31 March |
| 2007 |
2006 |
2007 |
2006 |
2007 |
2007 |
2006 |
2007 |
2006 |
2007 |
| 1. |
Sales
/ Income from Operations |
11723.823 |
5878.875 |
19576.810 |
12486.808 |
20238.306 |
12377.460 |
6586.283 |
21743.147 |
14436.285 |
22969.137 |
| aa |
Less:
Excise Duty |
- |
- |
- |
- |
- |
195.476 |
165.658 |
567.385 |
413.449 |
600.821 |
| aa |
aa |
11723.823 |
5878.875 |
19576.810 |
12486.808 |
20238.306 |
12181.984 |
6420.625 |
21175.762 |
14022.836 |
22368.316 |
| aa |
Less:
Ocean Freight |
- |
- |
- |
36.755 |
187.124 |
- |
0.890 |
- |
38.200 |
189.027 |
| aa |
aa |
11723.823 |
5878.875 |
19576.810 |
12450.053 |
20051.182 |
12181.984 |
6419.735 |
21175.762 |
13984.636 |
22179.289 |
| 2. |
Other
Income |
165.333 |
119.602 |
447.628 |
320.494 |
443.252 |
176.666 |
122.083 |
471.524 |
324.009 |
451.007 |
| 3. |
Total
Expenditure |
| a) |
(Increase)
/ decrease in stock in trade |
180.832 |
224.205 |
(335.228) |
(418.986) |
58.443 |
79.319 |
198.254 |
(428.861) |
(381.334) |
125.976 |
| b) |
Consumption
of raw materials |
458.136 |
516.664 |
1521.043 |
1309.684 |
1772.971 |
655.930 |
685.901 |
2109.227 |
1818.619 |
2471.661 |
| c) |
Staff
cost |
128.374 |
112.681 |
422.242 |
399.301 |
525.874 |
154.693 |
135.894 |
513.277 |
484.041 |
637.066 |
| d) |
Consumption
of stores |
319.688 |
305.730 |
907.270 |
876.182 |
1215.960 |
346.290 |
341.565 |
995.957 |
981.900 |
1359.650 |
| e) |
Contractors
for inland transportation & other services |
| |
-
Inland transportation |
1070.770 |
808.355 |
2478.593 |
2479.049 |
3470.863 |
1092.189 |
843.305 |
2561.013 |
2559.083 |
3587.347 |
| |
-
Other services |
579.327 |
299.331 |
1161.481 |
787.873 |
1170.931 |
606.668 |
327.349 |
1253.023 |
872.926 |
1290.370 |
| f) |
Purchase
of ore |
1093.390 |
595.721 |
1733.321 |
1495.865 |
2059.973 |
1093.390 |
595.721 |
1733.321 |
1495.865 |
2059.973 |
| g) |
Export
duty |
379.383 |
- |
1105.438 |
- |
334.925 |
379.383 |
- |
1105.438 |
- |
334.925 |
| h) |
Other
expenditure |
274.869 |
233.083 |
641.306 |
577.992 |
848.610 |
291.409 |
250.701 |
695.683 |
670.212 |
960.684 |
| 4. |
Less:Costs
/ Expenses recovered |
(97.315) |
(64.407) |
(216.321) |
(178.515) |
(278.665) |
(86.245) |
(57.879) |
(188.264) |
(159.374) |
(250.458) |
| 5. |
Interest |
0.012 |
0.606 |
0.145 |
3.270 |
3.299 |
0.012 |
0.687 |
0.180 |
3.372 |
3.426 |
| 6. |
Cash
Profit (before depreciation & tax) (1+2-3-4-5) |
7501.690 |
2966.508 |
10605.148 |
5438.832 |
9311.250 |
7745.612 |
3220.320 |
11297.292 |
5963.335 |
10049.676 |
| 7. |
Depreciation |
110.614 |
82.031 |
290.813 |
221.757 |
312.787 |
127.509 |
103.285 |
341.177 |
274.859 |
392.547 |
| 8. |
Profit
/ (Loss) before tax (6-7) |
7391.076 |
2884.477 |
10314.335 |
5217.075 |
8998.463 |
7618.103 |
3117.035 |
10956.115 |
5688.476 |
9657.129 |
| 9. |
Provision
for tax |
| |
-
Current tax |
2444.000 |
927.000 |
3357.000 |
1645.000 |
2877.000 |
2523.000 |
996.000 |
3581.000 |
1791.000 |
3085.000 |
| |
-
Fringe Benefit tax |
1.000 |
1.100 |
4.300 |
3.300 |
5.400 |
1.100 |
1.300 |
4.800 |
3.800 |
6.000 |
| |
-
Deferred tax |
19.000 |
7.000 |
16.000 |
28.000 |
52.000 |
19.000 |
7.000 |
17.000 |
31.000 |
56.000 |
| 10. |
Profit
/ (Loss) after tax (8-9) |
4927.076 |
1949.377 |
6937.035 |
3540.775 |
6064.063 |
5075.003 |
2112.735 |
7353.315 |
3862.676 |
6510.129 |
| 11.
|
Minority
Interest |
- |
- |
- |
- |
- |
19.207 |
16.346 |
53.269 |
34.928 |
48.889 |
| 12. |
Net
Profit for the group |
- |
- |
- |
- |
- |
5055.796 |
2096.389 |
7300.046 |
3827.748 |
6461.240 |
| 13. |
Paid
up equity capital (Face value Rs.10) |
393.620 |
393.620 |
393.620 |
393.620 |
393.620 |
393.620 |
393.620 |
393.620 |
393.620 |
393.620 |
| 14. |
Reserves
excluding revaluation reserves |
|
|
|
|
14669.993 |
|
|
|
|
15697.372 |
| 15. |
Earnings
/ share (Rs.) - Basic & Diluted |
125.17* |
49.52* |
176.24* |
89.95* |
154.06 |
128.44* |
53.26* |
185.46* |
97.24* |
164.15 |
|
*Not annualised |
| 16. |
Aggregate
of non-promoter shareholding |
| aa |
-
Number of shares |
19215745 |
19287196 |
19215745 |
19287196 |
19287196 |
19215745 |
19287196 |
19215745 |
19287196 |
19287196 |
| aa |
-
Percentage of shareholding |
48.82 |
49.00 |
48.82 |
49.00 |
49.00 |
48.82 |
49.00 |
48.82 |
49.00 |
49.00 |
|
| |
| Segment
Information for the Quarter and Nine Months ended 31 December 2007 |
| (Rs in million)
|
| Particulars |
STAND
ALONE |
CONSOLIDATED |
| Unaudited |
Unaudited |
Audited |
Unaudited |
Unaudited |
Audited |
| Quarter
Ended |
9
Months Ended |
Year Ended |
Quarter
Ended |
9
Months Ended |
Year Ended |
| 31
December |
31
December |
31 March |
31
December |
31
December |
31 March |
| 2007 |
2006 |
2007 |
2006 |
2007 |
2007 |
2006 |
2007 |
2006 |
2007 |
|
Segment
Revenues |
| Iron
Ore |
10889.561 |
5326.985 |
17477.926 |
10951.173 |
17963.850 |
10889.561 |
5326.985 |
17477.926 |
10951.173 |
17963.850 |
|
Metallurgical
Coke |
841.105 |
560.371 |
2119.732 |
1517.780 |
2118.357 |
841.105 |
560.371 |
2119.732 |
1517.780 |
2118.357 |
|
Pig
Iron |
- |
- |
- |
- |
- |
1233.460 |
1022.391 |
3551.227 |
2738.734 |
3876.794 |
| Total
|
11730.666 |
5887.356 |
19597.658 |
12468.953 |
20082.207 |
12964.126 |
6909.747 |
23148.885 |
15207.687 |
23959.001 |
|
Less:
Inter-segment revenues |
|
Iron
Ore |
- |
- |
- |
- |
- |
235.512 |
118.341 |
505.907 |
281.895 |
416.230 |
| Metallurgical
Coke |
- |
- |
- |
- |
- |
538.057 |
360.921 |
1441.234 |
916.097 |
1322.979 |
|
Pig
Iron |
- |
- |
- |
- |
- |
1.417 |
2.285 |
5.397 |
5.845 |
8.738 |
|
Total |
- |
- |
- |
- |
- |
774.986 |
481.547 |
1952.538 |
1203.837 |
1747.947 |
|
Net
Revenue from Operations |
11730.666 |
5887.356 |
19597.658 |
12468.953 |
20082.207 |
12189.140 |
6428.200 |
21196.347 |
14003.850 |
22211.054 |
|
Add:
Interest, Dividend and Other Unallocable Income |
158.490 |
111.121 |
426.780 |
301.594 |
412.227 |
169.510 |
113.618 |
450.939 |
304.795 |
419.242 |
|
Enterprise
Revenue |
11889.156 |
5998.477 |
20024.438 |
12770.547 |
20494.434 |
12358.650 |
6541.818 |
21647.286 |
14308.645 |
22630.296 |
|
Segment
Results - Profit / (Loss) Before Tax, Interest, Dividend and
Other Non-Recurring /Unallocable Income |
| Iron
Ore |
6937.757 |
2814.951 |
9469.220 |
4996.950 |
8694.679 |
6931.412 |
2836.621 |
9453.455 |
5008.777 |
8710.594 |
|
Metallurgical
Coke |
294.841 |
(40.989) |
418.480 |
(78.199) |
(105.144) |
285.623 |
(38.372) |
397.113 |
(65.429) |
(91.126) |
|
Pig
Iron |
- |
- |
- |
- |
- |
231.570 |
205.855 |
654.788 |
443.705 |
621.845 |
| Total
|
7232.598 |
2773.962 |
9887.700 |
4918.751 |
8589.535 |
7448.605 |
3004.104 |
10505.356 |
5387.053 |
9241.313 |
|
Less:
Interest Expenses |
0.012 |
0.606 |
0.145 |
3.270 |
3.299 |
0.012 |
0.687 |
0.180 |
3.372 |
3.426 |
|
Add:
Interest Income |
0.345 |
1.301 |
0.819 |
40.916 |
42.679 |
0.345 |
1.308 |
0.820 |
40.923 |
42.693 |
|
Add:
Dividend Income |
158.040 |
109.522 |
425.073 |
257.683 |
366.553 |
169.060 |
112.012 |
449.231 |
260.877 |
373.554 |
|
Add:
Other Non-Recurring / Unallocable Income |
0.105 |
0.298 |
0.888 |
2.995 |
2.995 |
0.105 |
0.298 |
0.888 |
2.995 |
2.995 |
|
Profit
Before Tax |
7391.076 |
2884.477 |
10314.335 |
5217.075 |
8998.463 |
7618.103 |
3117.035 |
10956.115 |
5688.476 |
9657.129 |
|
Capital
Employed
|
| Iron
Ore |
6931.315 |
5316.438 |
6931.315 |
5316.438 |
5386.597 |
6871.889 |
5699.867 |
6871.889 |
5699.867 |
5359.560 |
|
Metallurgical
Coke |
2695.304 |
2639.178 |
2695.304 |
2639.178 |
2733.812 |
2473.156 |
2496.964 |
2473.156 |
2496.964 |
2592.292 |
|
Pig
Iron |
- |
- |
- |
- |
- |
1720.807 |
1699.419 |
1720.807 |
1699.419 |
1725.413 |
|
Unallocated |
12911.028 |
6936.439 |
12911.028 |
6936.439 |
7464.204 |
13237.101 |
6224.431 |
13237.101 |
6224.431 |
7255.373 |
|
