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Unaudited Financial Results for the Quarter Ended 31th December, 2000

(Rs. in Millions)
   Quarter ended
Sept. 30, 2000
Unaudited
Quarter ended
Sept. 30, 1999
Unaudited
Half year ending
Sept. 30, 2000
Unaudited
Half year ending
Sept. 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
585.90
9.34
495.24

5.86
267.82
35.66
130.35
13.32
80.95

25.17
55.78
13.60
42.18
156.59


2.69
330.43
15.42
345.85

30.44
202.03
27.17
78.88
10.51
57.70

13.19
44.51
7.00
37.51
104.39


3.59
1662.59
36.46
1699.05

11.51
956.53
109.31
325.94
41.49
277.29

71.91
205.38
56.60
148.78
156.59


9.50
996.39
31.55
1027.94

21.29
604.17
76.80
193.58
27.44
147.24

37.84
109.40
23.00
86.40
104.39


8.28
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



NOTE:

  1. The above results were taken on record at the meeting of the Board of Directors held on 29th January, 2001.

  2. The figures for the current quarter ended 31st December, 2000 are not comparable with that of quarter ended December, 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 Company w.e.f. April 01, 2000. The shareholders meeting convened by the Hon'ble Delhi High Court has already approved merger and other formalities are being complied with.

  3. The Company made an allotment of bonus shares on 9th December, 2000 in the ratio of 1 share against 2 shares held pursuant to the resolution passed at the Annual General Meeting held on 30th August, 2000.

  4. The quarter ending 31st December, 2000 witnessed a substantial improvement in the performance from hundred per cent Export Oriented Unit from exports including sales to Europe. In comparison the automotive wiring business sales saw a decline due to prevailing industry conditions including industrial relation problems of our largest customer.

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

V.C. Sehgal
Chairman

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