Orchid Chemicals & Pharmaceuticals Ltd

Unaudited Financial Results for the year ended September 30, 2001
Rs.Lakhs
Sl No Particulars
Three months ended
Sep 30, 2001
(Unaudited)
Three months ended
Sep 30, 2000
(Unaudited)
Six months ended
Sep 30, 2001
(Unaudited)
Six months ended
Sep 30, 2000
(Unaudited)
Year Ended
March 31,2001
(Audited)
1
Sales and Operating Income
9375.90
9250.83
18263.19
18034.57
37124.92
2
Other Income
35.64
50.45
37.58
84.28
131.22
3
Total Expenditure
7104.45
6923.00
13658.49
13273.59
27450.85
a) Decrease/(Increase) in Stock in trade
255.76
(1281.15)
130.50
(1491.74)
(3753.92)
b) Consumption of raw materials
3982.57
5709.13
8401.07
10176.71
21129.43
c) Staff Cost
617.73
474.63
1139.67
925.71
2188.42
d) Other Expenditure
2248.39
2020.39
3987.25
3662.91
7886.92
4
Profit Before Interest, Depreciation & Tax (1+2-3)
2307.09
2378.28
4642.28
4845.26
9805.29
5
Interest and Finance Charges
1008.73
790.34
1797.77
1518.75
3043.20
6
Depreciation
852.12
699.99
1676.47
1519.49
3116.31
7
Profit Before Tax (4-5-6)
446.24
887.95
1168.04
1807.02
3645.78
8
Provision for Taxation          
  Current Tax
70.04
0.00
70.04
70.04
  Deferred Tax
180.55
376.53
350.64
671.70
0.00
9
Net Profit (7-8)
265.69
441.38
817.40
1065.28
3575.74
10
Paid- up Equity Share Capital (Face value of Rs. 10 each)
2799.92
2799.92
2799.92
2799.92
2,799.92
11
Reserves excluding Revaluation Reserves
--
--
36964.65
12
Earnings per share (EPS) Rs.
0.95 **
1.58 **
2.92 **
3.80 **
12.77
13
Aggregate of Non-Promoter Shareholding
  -Number of equity shares of Rs.10/-each    
23325622
23319637
  -Percentage of Shareholding    
83.31
83.29
*EPS is for the period (not annualised ) after providing for deferred tax.
  1. The above financial results were taken on record by the Board of Directors at its meeting held on Wednesday October 31, 2001
  2. In accordance with the requirements of the new Accounting Standard 22 issued by the Institute of Chartered Accountants of India, relating to provision for deferred tax, the deferred tax liability relating to previous years amounting to Rs. 65.99 Crores has been adjusted against the reserves as on April 01, 2001 and the opening reserves now stand at Rs. 303.66 Crores. Deferred tax liability for the corresponding period has been provided
    as per Accounting Standard.
  3. Previous period figures have been regrouped wherever necessary.

Place : Chennai
Date : 31-10-2001

For and on behalf of the Board

K.Raghavendra Rao
Managing Director