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Unaudited Financial Results for the Quarter Ended 30th June, 2000

(Rs. in Millions)
  
Quarter ended
June 30, 2000
Unaudited
Quarter ended
June 30, 1999
Unaudited
Year ended
March 31, 2000
Audited
Net Sales/Income from Operations
Other Income
Total Income
Total Expenditure:
a) Increase/decrease in stock-in-trade
b) Consumption of Raw Materials
c) Staff Cost
d) Other expenditure
Interest
Gross Profit after Interest but before Depreciation & Taxation
Depreciation
Profit before Tax
Provision for Taxation
Net Profit
Paid up Equity Share Capital
Reserves (Excluding Revaluation Reserves)
Earnings Per Share (Rs.)Basic
Earnings Per Share (Rs.)Diluted
593.17
10.85
604.02

7.84
356.81
34.29
91.03
14.30
99.75

20.09
79.66
20.94
58.72
104.39

5.62
3.75
304.24
6.39
310.63

4.99
184.52
24.00
45.21
9.43
42.48

11.96
30.52
6.00
24.52
104.39

2.35
1.56
1533.41
88.12
1621.53

17.84
943.37
110.81
301.68
39.95
243.56

51.23
192.33
32.50
159.83
104.39
490.95
15.31
15.31
 

NOTE:

  1. The above results were taken on record at the meeting of Board of Directors held on 17th July, 2000.

  2. The Board of Directors declared a bonus issue of one share against two shares held, subject to the approval of the shareholders at the ensuing Annual General Meeting. Accordingly the diluted earnings per share has been calculated considering the proposed increase in equity.

  3. The figures for the current quarter ended 30th June, 2000 are not comparable with that of quarter ended June, 1999 and year ended March, 2000 since the figures of current quarter include the figures of Motherson Auto Components Engineering Ltd., wholly owned subsidiary which is being merged into the Company w.e.f.1/4/2000. The shareholders meeting convened by the Honourable Delhi High Court has already approved merger and other formalities are being complied with.


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

V.C. Sehgal
Chairman

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