ISPAT INDUSTRIES LIMITED
AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2005
 
(Rs Crore)
 

Sl. No.

Particular

 Nine months ended
31st December		 Quarter ended
31st December
      2005 2004 2005 2004
      Audited Unaudited Audited Unaudited
  1 Sales/Income from Operations 4120.97 4637.62 1423.40 1740.22
    Less : Excise Duty 454.44 255.32 159.29 101.34
      3666.53 4382.30 1264.11 1638.88
  2 Other Income 41.67 27.19 13.59 4.30
             
  3 Total Income (1+2) 3708.20 4409.49 1277.70 1643.18
             
  4 Total Expenditure        
    a) (Increase) / Decrease in Stock in Trade (73.23) 2.37 (35.91) (1.25)
    b) Materials  Consumed 2250.43 2201.59 734.67 839.38
    c) Purchase of Finished Goods                   -                     -                   -                    -  
    d) Power & Fuel Cost 622.61 475.66 248.32 174.04
    e) Personnel Cost 97.02 82.22 34.64 31.36
    f) Other Expenditure 662.61 609.75 221.09 181.42
    Total Expenditure (4a to 4f) 3559.44 3371.59 1202.81 1224.95
             
  5 Profit/(Loss) before interest & Finance Charges, Depreciation, Deferred Revenue Expenditure, Exceptional Items & Tax
(3-4)		 148.76 1037.90 74.89 418.23
             
  6 Interest & Finance Charges 691.87 493.77 240.52 150.70
             
  7 Depreciation  428.30 326.90 145.37 105.07
             
  8 Deferred Revenue Expenditure Written off                   -   35.68                 -               27.10
             
  9 Profit/(Loss) before Exceptional Items & Tax (5-6-7-8) (971.41) 181.55 (311.00) 135.36
             
  10 Exceptional Items (Net)                   -   405.14                 -             405.14
             
  11 Profit/(Loss) before Tax (9-10) (971.41) 586.69 (311.00) 540.50
             
  12 Provision for Taxation (Net)        
     - Current             (0.02)                0.65            (0.02)                  -  
     - Deferred Tax (Charge)/Credit 315.42 (57.79) 95.20 (42.80)
     - Fringe Benefit Tax (3.52)                   -   (1.21) 0.00
             
  13 Net Profit/(Loss) (11-12) (659.53) 529.55 (217.03) 497.70
             
  14 Share of Loss of an associate company                   -                     -                   -                    -  
             
  15 Consolidated Profit/(Loss) (13-14)                   -                     -                   -                    -  
             
  16 Paid-Up Equity Share Capital 1218.38 685.77 1218.38 685.77