|
(Rs
in Lacs)
|
|
S.No
|
Particulars
|
Quarter
ended
31.03.2011
|
Quater
ended
31.03.2010
|
Year
Ended 31.03.2011
|
Year
Ended
31.03.2010
|
|
|
(Unaudited)
|
(Unaudited)
|
(Unaudited)
|
(Audited)
|
|
1
|
Net
Sales/ Income from Operations
|
357.05
|
267.52
|
1282.15
|
1267.16
|
| 2
|
Expenditure
|
|
|
|
|
| |
a)
Employees cost
|
49.34
|
41.53
|
227.41
|
192.36
|
| |
b)
Depreciation
|
59.87
|
31.39
|
119.16
|
89.42
|
| |
c)
Other Expenditure
|
131.65
|
445.67
|
555.23
|
819.45
|
| |
Total
|
240.86
|
518.59
|
901.80
|
1101.23
|
|
3
|
Profit
from Operations before Other Income, Interest
& Exceptional Items (1-2)
|
116.20
|
(251.07)
|
380.35
|
165.93
|
| 4 |
Other
Income |
78.21
|
62.10
|
294.39
|
177.90
|
| 5 |
Excess
Provision for NPA Written Back |
158.67
|
372.03
|
158.67
|
372.03
|
| 6 |
Profit
from Operations before Interest & Exceptional
Items (3+4+5) |
353.08
|
183.06
|
833.41
|
715.86
|
| 7 |
Interest |
0.23
|
2.01
|
3.70
|
10.09
|
|
8
|
Profit
after Interest but before Exceptional Items
(6-7)
|
352.84
|
181.05
|
829.71
|
705.77
|
|
9
|
Exceptional
Items (Amounts written off & Loss on Sale
of Investments and Fixed Assets)
|
130.31
|
283.00
|
130.31
|
315.04
|
|
10
|
Profit(+)/Loss(-)
from Ordinary Activities before tax(8-9)
|
222.53
|
(101.95)
|
699.40
|
390.73
|
|
11
|
Tax
Expense
|
0.00
|
(2.00)
|
0.00
|
205.00
|
|
12
|
Net
profit (+)/Loss (-) from Ordinary Activities
after Tax (10-11)
|
|
|
699.40
|
185.73
|
|
13
|
Extraordinary
Items
|
0.00
|
1.87
|
610.39
|
1128.41
|
|
14
|
Net
Profit (+)/Loss(-) for the period (12+13)
|
222.53
|
(98.08)
|
1309.79
|
1314.14
|
|
15
|
Paid
up equity share capital (Face value Rs. 10/-)
|
1936.36
|
1936.36
|
|
1936.36
|
|
16
|
Reserves
excluding Revaluation Reserves as per Balance
Sheet of Previuos Accounting Year.
|
-
|
-
|
-
|
2546.57
|
|
17
|
Earnings Per Share(EPS)
|
|
|
|
|
|
a)
|
Basic
and Diluted EPS before Extra Ordinary Items
for the period & for the year to date
and for the Previous year (not to be annualised)
|
1.15
|
(0.52)
|
3.61
|
0.96
|
|
b)
|
Basic
and Diluted EPS after Extra Ordinary Items
for the period & for the year to date
and for the Previous year (not to be annualised)
|
|
|
6.76
|
6.79
|
|
18
|
Public
Shareholding
|
|
|
|
.
|
| |
-Number of Shares
|
7845279
|
8052500
|
7845279
|
8052500
|
| |
-Percentage of Shareholding
|
40.52%
|
41.59%
|
40.52%
|
41.59%
|
| 19 |
Promoters
and promoter group Shareholding** |
|
|
|
.
|
|
a) |
Pledged/Encumbered |
|
|
|
|
| |
-
Number of Shares |
Nil
|
Nil
|
Nil
|
Nil
|
| |
-Percentage
of Shares(as a % of the total shareholding of
promoter and promoter group) |
Nil
|
Nil
|
Nil
|
Nil
|
| |
Percentage
of shares (as a % of the total share capital
of the company) |
Nil
|
Nil
|
Nil
|
Nil
|
| b) |
Non-encumbered |
|
|
|
|
| |
-
Number of Shares |
11518316
|
11311095
|
11518316
|
11311095
|
| |
-
Percentage of shares(as a % of the total shareholding
of promoter and promoter group) |
100%
|
100%
|
100%
|
100%
|
| |
-
Percentage of shares(as a % of the total share
capital of the Company) |
59.48%
|
58.41%
|
59.48%
|
58.41%
|
| |
|
|
|
|
|
|
Notes:
|
|
1.
|
The
above financial results were reviewed by the Audit Committee
and approved by the Board of Directors in
their meeting held on 13th May, 2011. The
Staturoty Auditors of the Company have also
carried out the Limited Review.
|
|
2.
|
Provision for Non Performing Assets required
in terms of Non Banking Financial Companies
Prudential Norms (Reserve Bank) Directions,
1998, as amended, has been considered in the
unaudited financial results for the year ended
31st March,2011.
|
|
3.
|
'AS-17'
relating to Segment Reporting issued by the
Institute of Chartered Accountants of India,
as per perception of the management is not
applicable.
|
|
4.
|
In
compliance of Accounting Standard "AS
22" on 'Accounting for Taxes on Income'
issued by The Institute of Chartered Accountants
of India , calculation of deferred /provision
for taxation if any, will be considered in
the audited accounts for the year ended 31st
March,2011.
|
| 5. |
As
already explained in the last unaudited accounts,
the expenditure incurred on the under construction
Commercial Complex acquired during the year
is being charged to Capital Work in Progress. |
| 6.
|
The Auditors' observation on Audited Accounts
for the year ended 31.03.2010 related to :
|
|
i)
|
Provision
for diminution in value of Long Term Investments.
|
| 7. |
Management
Comments on the accounts for the year ended
31.03.2010:
|
| |
(i)
Long Term Investments are consistently valued
at cost based on their intrinsic Net Worth.
|
| 8.
|
In terms of Clause 41 of the Listing Agreement,
detailed number of complaints for the quarter
ended March 31, 2011 begining nil, received
7, disposed off 7, pending nil.
|
|
8.
|
Previous
Year Figures have been regrouped/rearranged
wherever considered necessary.
|
| |
Place:
New Delhi
Dated: 13th May, 2011
|
For
THE MOTOR & GENERAL FINANCE LTD
(RAJIV
GUPTA)
CHAIRMAN & MANAGING DIRECTOR
|
