Unaudited Results for the Quarter ended 30.09.2006.


    Quarter Quarter Half Yearly Half Yearly Year
  PARTICULARS Ended Ended ended ended Ended
    30.09.2006 30.09.2005 30.09.2006 30.09.2005 31.03.2006
    3 Months 3 Months 6 Months 6 Months 12 Months
    Unaudited Unaudited Unaudited Unaudited Audited
1 Sales Income from operation 54.19 13.53 3,384.05 2,671.12 3,110.51
2 Export Incentive 81.78 68.93 81.78 68.93 61.30
3 Other Income 10.55 10.33 32.93 11.86 70.00
4.a) (Decrease) / Increase in Stock Trade (24.80) (30.72) (1,186.30) (982.05) 204.26
   b) Consumption of raw materials 14.56 - 529.50 508.28 1,448.50
   c) Staff Cost 6.33 4.28 14.22 8.61 21.34
   d) Other Expenditure:          
  Packing Material 0.80 - 117.10 86.07 325.36
  Selling Expenses 4.32 0.08 53.58 39.35 149.13
  Selling Expenses ( Incured Abroad) 22.49 9.52 870.72 689.52 768.21
  Other 22.23 17.58 140.41 80.81 228.76
  Total Expenditure 70.74 31.46 1,725.52 1,412.64 2,941.30
5 Interest 3.65 0.85 16.18 9.82 17.01
6 Depreciation 12.93 3.47 27.56 12.58 37.89
7 Profit / (Loss) before Tax 34.39 26.29 543.20 334.82 449.87
8 Provision for Taxation - - 75.00 - 60.01
  Deferred Tax - - - - (1.70)
  Add prior period Adjustment - - 0.45 - (3.26)
9 Net Profit / ( Loss ) 34.39 26.29 468.64 334.82 388.30
10 Paid up equity Share capital 502.25 452.25 502.25 452.25 477.25
11 Reserves excluding revaluation reserves         587.05
12 EPS for the period (in Rs.)          
  - Basic 0.68 0.58 9.82 7.40 8.65
  - Diluted 0.68 0.58 9.33 7.40 8.20
13 Aggregate of non promoter          
  Shareholding          
  - No. of shares 3,209,334 2,548,100 3,209,334 2,548,100 2,663,676
  - Percantage of shareholding 58.92 56.34 58.92 56.34 55.82

 

NOTES:-
(1) The above results have been reviewed by the Audit committee and taken on record by the Board of Directors at their meeting held  on 27th October, 2006.The auditors have carried out limited review of the above results.
(2) The Company has only one Revenue segment - Fruits. Hence no separate segment wise information of revenue,  results and capital employed is given.
(3) The company is engaged in agriculture export business, agro industry being seasonal in nature, sale / profit for the quarter do not proportionately reflect the annual performance of the company.
(4) During the quarter ended September 30, 2006, the Company has received four complaints and they have been  resolved. There was no pending complaint as of 30-09-2006.
(5) Previous Year's figures have been regrouped, wherever necessary.
(6) The provision of Deferred Taxation will be made at the end of the year.
  Date  :27.10.2006
Place :Ahmedabad
    For, Freshtrop Fruits Ltd.  
(ASHOK V. MOTIANI)    
   MANAGING DIRECTOR