1. Net Sales/Income from Operations
2. Other Income

3. Total Expenditure:
a) Increase/Decrease in stock in trade
b) Consumption of Raw Materials
c) Staff Cost
d) Other expenditure

4. Interest

5. Depreciation

6. Profit(+)/Loss(-) before tax
(1+2-3-4-5)

7. Provision for Taxation - Current
Deferred
8. Net Profit (+)/Loss(-) (6-7)

9. Paid-up Equity Share Capital (ordinary share of Rs.10 each)

10. Reserves excluding revaluation reserves

11. Earnings per share (Basic & Diluted)

12. Aggregate of Non-Promoting Shareholding
- Number of Shares
- Percentage of Shareholding

1996.57
73.28

35.12

970.90
191.83
462.84

84.71

138.00

186.45

10.31
42.18
133.96

156.59

--

8.55

--
--

813.99
38.85

(13.79)

373.24
75.49
231.91

23.83

57.79

104.37

11.02
57.40
35.95

156.59

--

2.30

--
--

641.09
13.03

1.60

269.47
41.76
221.68

11.33

42.69

65.59

47.96
0.00
17.63

156.59

--

1.13

--
--

2810.56
112.13

21.33

1344.14
267.32
694.75

108.54

195.79

290.82

21.33
99.58
169.91

156.59

746.00

10.85

4525413
28.90%

2303.68
49.49

(9.91)

1226.00
151.07
547.62

52.82

114.60

270.97

104.56
--
166.41

156.59

731.63

10.63

4659913
29.75%

Segment Reporting Under Clause 41 of the Listing Agreement with Stock Exchange For The Quarter Ended 31st March, 2002

(Rs. in Millions)

Particulars	(1) Figures for the 9 months	(2) Figures for the last quarter	(3) Audited figures for the current year
1. Segment Revenue (Net sales/Income from each segment) a) Automotive b) Non-Automotive Total Less: Inter-segment Revenue Net Sales/Income from operations 2. Segment Result (profit before tax and interest from each segment) a) Automotive b) Non-automotive Total Less: I) interest (net) II) Other Unallocable expenditure (Net of unallocable income) Total profit before Tax 3. Capital employed (segment assets minus segment liabilities excluding revaluation reserve) a) Automotive b) Non-Automotive c) Others (including investments)	1946.58 123.27 2069.85 -- 2069.85 236.67 38.88 275.55 84.71 4.39 186.45 1869.39 22.58 148.32	797.52 58.14 855.66 2.82 852.84 169.08 3.42 172.50 23.04 45.09 104.37 1953.63 31.41 22.16	2744.10 181.41 2925.51 2.82 2922.69 405.75 42.30 448.05 107.75 49.48 290.82 1953.63 31.41 22.16

NOTES:

The above financial results were approved by Board of Directors of the Company at the meeting held on 12th June, 2002
2. During the year ended March 31, 2002, the Company has amalgamated its subsidiaries, Motherson Sumi Electric Wires Limited (MSEW) and Motherson Automotive Technologies & Engineering Limited (MATE) w.e.f. 01.04.2001. The merger has been approved by the Honourable High Court of Delhi vide their Order dated December 11, 2001. The amalgamation is accounted for by pooling of interest method. The above Financial Statements of the Company for the year ended March 31, 2002 include operating results of MSEW and MATE. In view of the above, the figures for the current period are not comparable with those of the previous period.
3. In view of Accounting Standard (AS)-22 on "Accounting for Taxes on Income" issued by the Institute of Chartered Accountants of India which is applicable w.e.f. April 1, 2001, the provision for taxation amounting to Rs. 120.91 millions for the year ended March 31, 2002 includes deferred tax charge amounting to Rs. 99.58 millions. The corresponding figure for the year ended March 31, 2001 has not been recasted as the accumulated deferred tax liability (net) amounting to Rs. 27.46 millions upto March 31, 2001 has been deducted from revenue reserves during the year ended March 31, 2002 in accordance with the said accounting standard.
4. The Board of Directors have recommended a dividend @ 50% (Rs. 5/- per share) for the year ended March 31, 2002. The Registrar of Members and share transfer books shall remain closed from 2nd September to 5th September, 2002 (both days inclusive). Dividend if approved by the members of the forthcoming Annual General Meeting will be payable to these members who are in the register of members of the Company as on 5th September, 2002.
Previous year figures have been regrouped wherever necessary.

By Order of the Board Of Directors
For Motherson Sumi Systems Ltd.

V.C. SEHGAL
CHAIRMAN

Disclaimer | Privacy Policy | Site Map


Site Designed and Maintained by MIND (A Sumi Motherson Group Company)	Contact Webmaster