|
(Rs
in Lacs)
|
|
S.No
|
Particulars
|
Quarter
ended
30.09.2011
|
Quater
ended
30.09.2010
|
Half
Year
ended 30.09.2011
|
Half
Year
ended 30.09.2010
|
Year
Ended
31.03.2011
|
|
|
(Unaudited)
|
(Unaudited)
|
(Unaudited)
|
(Unaudited)
|
(Audited)
|
| |
|
|
|
|
|
|
|
1
|
Net
Sales/ Income from Operations
|
332.68
|
307.22
|
658.48
|
601.86
|
1284.01
|
| 2
|
Expenditure
|
|
|
|
|
|
| |
a)
Employees cost
|
58.54
|
61.37
|
113.48
|
119.15
|
228.61
|
| |
b)
Depriciation
|
33.70
|
20.28
|
68.85
|
39.78
|
116.36
|
| |
c)
Other Expenditure
|
128.93
|
133.44
|
245.81
|
259.77
|
555.64
|
| |
Total
|
221.06
|
215.09
|
428.14
|
418.70
|
900.61
|
|
3
|
Profit
from Operations before Other Income, Interest
& Exceptional Items (1-2)
|
111.62
|
92.13
|
230.34
|
183.16
|
383.40
|
| 4 |
Other
Income |
154.40
|
66.29
|
257.78
|
153.85
|
293.96
|
| 5 |
Excess
Provision for NPA Written Back |
0.00
|
0.00
|
0.00
|
0.00
|
146.10
|
| 6 |
Profit
from Operations before Interest & Exceptional
Items (3+4+5) |
266.02
|
158.42
|
488.12
|
337.01
|
823.46
|
| 7 |
Interest |
5.18
|
1.48
|
11.19
|
3.13
|
3.14
|
|
8
|
Profit
after Interest but before Exceptional Items
(6-7)
|
260.84
|
156.94
|
476.93
|
333.88
|
820.32
|
|
9
|
Exceptional
Items (Amounts written off & Loss on Sale
of Investments and Fixed Assets)
|
0.00
|
0.00
|
0.00
|
0.00
|
130.31
|
|
10
|
Profit(+)/Loss(-)
from Ordinary activities before tax(8-9)
|
260.84
|
156.94
|
476.93
|
333.88
|
690.01
|
|
11
|
Tax
Expense including FBT
|
0.00
|
0.00
|
0.00
|
0.00
|
232.00
|
|
12
|
Net
profit (+)/Loss (-) from ordinary Activities
after Tax (10-11)
|
260.84
|
156.94
|
476.93
|
333.88
|
458.01
|
|
13
|
Extraordinary
items
|
0.00
|
610.39
|
0.00
|
610.39
|
610.39
|
|
14
|
Net
Profit (+)/Loss(-) for the period (12+13)
|
260.84
|
767.33
|
476.93
|
944.27
|
1068.40
|
|
15
|
Paid
up Equity Share Capital (Face value Rs. 10/-)
|
1936.36
|
1936.36
|
1936.36
|
1936.36
|
1936.36
|
|
16
|
Reserves
excluding Revaluation Reserve As per Balance
sheet of Previuos Accounting Year.
|
-
|
-
|
-
|
-
|
2768.48
|
|
17
|
Earnings Per Share(EPS)
|
|
|
|
|
|
|
a)
|
Basic
and Diluted EPS before extraordinary items
for the period & for the year to date
and for the Previous year (not to be annualised)
|
1.35
|
0.81
|
2.46
|
1.72
|
2.37
|
|
b)
|
Basic
and Diluted EPS after extraordinary items
for the period & for the year to date
and for the Previous year (not to be annualised)
|
1.35
|
3.96
|
2.46
|
4.88
|
5.52
|
|
18
|
Public
Shareholding
|
|
|
|
|
|
| |
-Number of Shares
|
7766667
|
7923062
|
7766667
|
7923062
|
7845279
|
| |
-Percentage of Shareholding
|
40.11%
|
40.92%
|
40.11%
|
40.92%
|
40.52%
|
| 19 |
Promoters
and promoter group Shareholding** |
|
|
|
|
|
|
a) |
Pledges/Encumbered |
|
|
|
|
|
| |
-
Number of Shares |
124843
|
Nil
|
124843
|
Nil
|
Nil
|
| |
-Percentage
of Shares(as a % of the total shareholding of
promoter and promoter group) |
1.08%
|
Nil
|
1.08%
|
Nil
|
Nil
|
| |
Percentage
of shares (as a % of the total share capital
of the company) |
0.64%
|
Nil
|
0.64%
|
Nil
|
Nil
|
| b) |
Non-encumbered |
|
|
|
|
|
| |
-
Number of Shares |
11472085
|
11440533
|
11472085
|
11440533
|
11518316
|
| |
-
Percentage of shares(as a % of the total shareholding
of promoter and promoter group) |
98.92%
|
100%
|
98.92%
|
100%
|
100%
|
| |
-
Percentage of shares(as a % of the total share
capital of the Ccompany) |
59.25%
|
59.08%
|
59.25%
|
59.08%
|
59.48%
|
| STATEMENT
OF ASSETS AND LIABILITIES AS ON 30TH SEPTEMBER,2011 |
|
(Rs.in Lacs)
|
| SL. |
Particulars |
Half Year Ended 30.09.2011
|
Corresponding Half Year
ended 30.09.2010
|
| |
|
(UnAudited)
|
(UnAudited)
|
| 1 |
Shareholders
Funds: |
|
|
| |
(a)
Capital |
1936
|
1936
|
| |
(b)
Reserve and Surplus |
5743
|
5455
|
| 2 |
Loan
Funds |
5042
|
4999
|
| |
Total |
12721
|
12390
|
| 3 |
Fixed
Assets |
2880
|
2697
|
| 4 |
Investments |
10032
|
9973
|
| 5 |
Current
Assets, Loan and Advances |
|
|
| (a) |
Inventories |
-
|
-
|
| (b) |
Sundry
Debtors |
49
|
128
|
| (c) |
Cash
and Bank Balances |
53
|
240
|
| (d) |
Other
Current Assets |
-
|
-
|
| (e) |
Loan
and Advances |
2145
|
1720
|
| |
Less:
Current Liablities and Provisions |
|
|
| |
(a)
Liabilities |
1857
|
1556
|
| |
(b)
Provisions |
581
|
817
|
| 6 |
Miscelleneous
Expenditure (Not written Off or Adjusted) |
-
|
5
|
| 7 |
Profit
And Loss Account |
-
|
-
|
| |
Total |
12721
|
12390
|
|
Notes:
|
|
1.
|
The
above financial results were reviewed by the Audit Committee
and approved by the Board of Directors in
their meeting held on 14th November, 2011.
The Staturoty Auditors of the Company have
also carried out the Limited Review.
|
|
2.
|
Provisions for Non Performing Assets required
in terms of Non Banking Financial Companies
Prudential Norms (Reserve Bank) Directions,
1998, as amended, will be considered in the
unaudited financial results for the year ended
31st March,2012.
|
|
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 and considering accumulated losses,
calculation of deferred /provision for taxation
if any, will be considered in the audited
accounts for the year ending 31st March,2012.
|
| 5 |
The
expenditure incurred on the under construction
Commercial Complex is being shown under the
head Investments. |
| 6.
|
The Auditors' observation on Audited Accounts
for the year ended 31.03.2011 related to :
|
|
i)
|
Provision
for diminution in value of Long Term Investments.
|
|
ii)
|
Non-compliance
of RBI's Prudential Norms in respect of lending
to one company. |
| 7. |
Management
Comments :
|
| |
i)
Long Term Investments are consistently valued
at cost based on their intrinsic Net Worth.
|
| |
(ii)
Appropriate steps in this regard are being taken.
|
|
8.
|
In terms of Clause 41 of the Listing Agreement,
detailed number of complaints for the quarter
ended September 30, 2011 Begining nil, Received
4, Disposed off 4, Pending nil.
|
|
9.
|
Figures
have been regrouped/rearranged wherever considered
necessary.
|
| |
Place:
New Delhi
Dated:14th November, 2011
|
For
THE MOTOR & GENERAL FINANCE LTD
(RAJIV
GUPTA)
CHAIRMAN & MANAGING DIRECTOR
|
