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 3rd Quarterly Result December 2002 

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2002. (PROVISIONAL)
(Rs. in Lacs)
Particulars Quarter Ended 31.12.2002 Quarter Ended 31.12.2001 Nine Months Ended 31.12.2002 Nine Months Ended 31.12.2001 Year Ended 31.03.2002
Unaudited Unaudited Unaudited Unudited Audited
Net Sales/Income from operations 1.00 0.63 2.22 2.41 2.52
Other Income 0.19 1.19 0.19 1.19 1.19
Total Expenditure 24.87 23.27 72.87 70.66 285.09
Interest - - - - -
Depreciation 16.12 19.19 48.34 57.57 76.77
Profit/(Loss) before Tax (39.80) (40.64) (118.80) (124.63) (358.15)
Provision for Taxation - - - -
Net Profit/Loss (39.80) (40.64) (118.80) (124.63) (358.15)
Paid-up Equity Share Capital
- Fully paid-up
(Rs. 10/- each)
919.06 919.01 919.06 919.06 919.06
- Partly paid-up
(Rs. 2.50/- each)
- 147.19 - 147.19 -
Reserves excluding revaluation reserves - 15.64 - (15.64) -
Basic/Diluted Earning per share - - - (3.90)
             
Highlights
1) The above results have been taken on record at the meeting of the Board of Directors of the Company held on 31st January, 2002
2) Provision for Taxation, if any will be at the end of the year.
3) Information pursuant to clause 42 of the listing agreement:
(Rs. in lacs)
* Projected figure for the year ended Unaudited figure for the Qtr ended 31.12.2002
31.03.2003
Profit before Tax 721.50 (39.80)
Profit after Tax 445.30 (39.80)
By Order of the Board
sd/-
Place : Kolkata
Vijay Jain
Dated : 31st January, 2003 Managing Director

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