ISPAT INDUSTRIES LIMITED
AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2006
 
(Rs Crore)
Sl. No. Particulars Quarter ended
31st March
Year Ended 
31st March 
2006 2005 2006 2005
Audited Unaudited Audited  Unaudited
           
1 Sales/Income from Operations 1447.67 1190.89 5580.02 6459.39
  Less : Excise Duty 166.84 87.59 621.28 381.31
    1280.83 1103.30 4958.74 6078.08
2 Other Income 10.32 23.24 51.99 34.81
           
3 Total Income (1+2) 1291.15 1126.54 5010.73 6112.89
           
4 Total Expenditure        
  a) (Increase) / Decrease in Stock in Trade (0.30) (21.94) (73.53) 11.27
  b) Materials  Consumed 659.69 593.20 2910.12 3025.66
  c) Purchase of Finished Goods                -               7.09                -                 -  
  d) Power & Fuel Cost 227.25 120.58 849.86 632.91
  e) Personnel Cost 34.53 18.75 131.55 112.43
  f) Other Expenditure 207.35 200.94 881.34 834.49
  Total Expenditure (4a to 4f) 1128.52 918.62 4699.34 4616.76
           
5 Profit/(Loss) before interest & Finance Charges, Depreciation, Deferred Revenue Expenditure, Exceptional Items & Tax
(3-4)
162.63 207.92 311.39 1496.13
           
           
6 Interest & Finance Charges 244.94 111.37 936.81 534.06
           
7 Depreciation  143.13 60.07 571.43 435.99
           
8 Deferred Revenue Expenditure Written off                -   4.29                -   35.68
           
9 Profit/(Loss) before Exceptional Items & Tax (5-6-7-8) (225.44) 32.19 (1196.85) 490.40
           
10 Exceptional Items (Net)                -                   -                  -          405.14
           
11 Profit/(Loss) before Tax (9-10) (225.44) 32.19 (1196.85) 895.54
           
12 Provision for Taxation (Net)        
   - Current           (0.01)                 -             (0.03)            0.62
   - Deferred Tax (Charge)/Credit           73.25 5.81         388.67      (200.10)
   - Fringe Benefit Tax           (0.94)                 -             (4.46)               -  
           
13 Net Profit/(Loss) (11-12) (153.14) 38.00 (812.67) 696.06
           
14 Share of Loss of an associate company                -                   -                  -                 -  
           
15 Consolidated Profit/(Loss) (13-14)                -                   -                  -                 -  
           
16 Paid-Up Equity Share Capital