CINEVISTAAS LIMITED |
Regd. Office: Plot No.1, L.B.S. Marg, Gandhi Nagar, Kanjurmarg(W),Mumbai-400078 |
Audited Financial Results for the Quarter ended on 31st March, 2011 |
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Rs. In Lacs |
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Standalone |
Consolidated |
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3 Months |
3 Months |
Year to date |
Year to date |
Results |
Results |
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Particuars |
Ended |
Ended |
figures for |
figures for |
for the |
for the |
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31-Mar-11 |
31-Mar-10 |
current period |
current period |
Financial year |
Financial year |
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Ended |
Ended |
ended |
ended |
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Audited |
Audited |
31.03.2011 |
31.03.2010 |
31.03.2011 |
31.03.2010 |
1 |
Net Sales / Income from Operations |
464.59 |
1,047.22 |
3,494.30 |
4,737.22 |
3,684.68 |
4,905.20 |
2 |
Expenditure |
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a. Increase / decrease in stock |
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in trade and work in progress |
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- |
- |
- |
- |
- |
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b. Consumtion of raw materials |
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- |
- |
- |
- |
- |
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c. Cost of production |
418.47 |
614.84 |
2,491.56 |
3,067.07 |
2,600.54 |
3,189.15 |
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d. Service Tax |
57.24 |
106.23 |
342.33 |
526.35 |
342.33 |
526.35 |
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e. Employees cost |
32.30 |
40.89 |
149.16 |
154.44 |
156.76 |
183.94 |
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f. Depreciation |
46.03 |
44.02 |
173.94 |
166.92 |
177.69 |
172.74 |
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g. Other expenditure |
103.46 |
199.02 |
405.64 |
524.62 |
456.24 |
563.97 |
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h. Total |
657.50 |
1,005.00 |
3,562.63 |
4,439.40 |
3,733.56 |
4,636.15 |
3 |
Profit from Operations before Interest & |
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Exceptional Items. |
(192.91) |
42.21 |
(68.33) |
297.82 |
(48.88) |
269.05 |
4 |
Other Income |
53.52 |
16.68 |
81.41 |
57.35 |
82.49 |
59.64 |
5 |
Profit from Operations before Interest & |
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Exceptional Items. |
(139.39) |
58.90 |
13.08 |
355.17 |
33.61 |
328.69 |
6 |
Interest |
69.22 |
51.57 |
239.74 |
257.89 |
239.74 |
257.89 |
7 |
Profit after Interest but before Excep- |
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tional Items. |
(208.61) |
7.33 |
(226.66) |
97.28 |
(206.13) |
70.80 |
8 |
Exceptional items |
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- |
- |
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9 |
Profit (+) / Loss (-) from Ordinary |
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Activities before tax . |
(208.61) |
7.33 |
(226.66) |
97.28 |
(206.13) |
70.80 |
10 |
Tax expense |
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a.Deffered Tax Liability |
0.71 |
0.20 |
0.90 |
22.20 |
0.90 |
(25.51) |
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b.Current Tax |
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(14.80) |
- |
(14.80) |
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(14.80) |
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c.Deffered Tax Asset |
- |
(7.49) |
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(68.45) |
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- |
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d.Fringe Benefit Tax |
- |
- |
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(1.23) |
- |
(1.23) |
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e.Wealth Tax |
(0.86) |
(1.49) |
(0.58) |
(1.49) |
(0.58) |
(1.49) |
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f. Income Tax Provision W/Off |
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- |
- |
- |
- |
- |
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g.Income Tax for earlier years |
(73.51) |
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(73.51) |
- |
(73.51) |
- |
11 |
Prior Period Exp. |
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- |
(0.37) |
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(1.38) |
- |
12 |
Net Profit (+) / Loss (-) from |
(282.27) |
(16.25) |
(300.22) |
33.51 |
(280.70) |
27.77 |
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Ordinary Activities after tax (9 - 10 - 11) |
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13 |
Extraordinary Items |
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- |
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- |
- |
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(net of tax expense Rs. Nil ) |
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14 |
Net Profit (+) / Loss (-) for |
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the period (9-10-11) |
(282.27) |
(16.25) |
(300.22) |
33.51 |
(280.70) |
27.77 |
15 |
Paid -up equity share capital |
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(Face Value - Rs. 2/- each ) w.e.f. |
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January, 2008. |
1148.73 |
1148.73 |
1148.73 |
1148.73 |
1148.73 |
1148.73 |
16 |
Reserves excluding Revaluation |
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Reserves as per balance sheet |
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of previous accounting year |
5,635.12 |
5,935.33 |
5,635.12 |
5,935.33 |
5,322.48 |
5,603.18 |
17 |
Earning Per Share (EPS) |
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a) Basic and diluted EPS before |
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extraordinary items for the |
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period, for the year to date |
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and for the previous year |
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(not to be annualized) |
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(0.52) |
0.06 |
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b) Basic and diluted EPS after |
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extraordinary items for the |
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period, for the year to date |
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and for the previous year |
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(not to be annualized) |
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(0.52) |
0.06 |
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18 |
Public shareholding |
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- Number of shares |
18602695 |
18502695 |
18602695 |
18502695 |
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- Percentage of shareholding |
32.39% |
32.21% |
32.39% |
32.21% |
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19 |
Promotors and promoter group |
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shareholding |
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(a) Pledged/Encumbered: |
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- No.of Shares |
Nil |
Nil |
Nil |
Nil |
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- Percentage of shares (as a% of the |
Nil |
Nil |
Nil |
Nil |
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total shareholding of promoter and |
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promoter group) |
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- Percentage of shares (as a% of the |
Nil |
Nil |
Nil |
Nil |
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total share capital of the Company. |
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(b) Non-encumbered. |
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- No.of Shares |
38833780 |
38933780 |
38833780 |
38933780 |
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- Percentage of shares (as a% of the |
100% |
100% |
100% |
100% |
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total shareholding of promoter and |
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promoter group) |
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- Percentage of shares (as a% of the |
67.61% |
67.79% |
67.61% |
67.79% |
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total share capital of the Company. |
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Notes: |
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1. The Audited financial results are given as per the requirements of
clause 41 of the Listing Agreement. |
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2. The Auditied financial results for the quarter ended March 31, 2011
have been reviewed by the audit committee and approved by the |
Board at its meeting held on 30-05-2011. |
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3. Since there is only one primary reportable segment, the disclosure
requirement of Accounting Standard AS-17 on segment reporting |
is not provided. |
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4. Information on Investor complaints pursuant to clause 41 of the
listing agreement for the quarter ended March, 2011. |
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Beginning: 0 Received: 0 Resolved: 0 and
Pending: 0 |
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5. Previous year's/period's figures have been regrouped/reclassified
wherever necessary. |
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FOR SARATH & ASSOCIATES |
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For CINEVISTAAS LIMITED |
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Chartered Accountants |
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CA. R. Lakshmi Rao |
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SUNIL MEHTA |
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(Partner) |
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(Managing Director) |
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Place: Mumbai |
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Date : 30.05.2011 |
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