Financial Results For 30.09.10

(Rs. In Lacs).
UNAUDITED (STAND-ALONE) FINANCIAL RESULTS FOR THE PERIOD ENDED 30TH SEPTEMBER , 2010
PARTICULARS QUARTER ENDED 30-09-2010 (UNAUDITED) QUARTER ENDED 30-09-2009 (UNAUDITED) HALF YEAR ENDED 30-09-2010 (UNAUDITED) HALF YEAR ENDED 30-09-2009 (UNAUDITED) ACCOUNTING YEAR ENDED 31-03-2009 (AUDITED) 1 Sales Qty. ( In Nos.) 233221 179462 428638 351161 747707   Gross Sales (Inclusive of Excise) 30857 23665 56617 46412 98383   Less: Excise Duty 3038 1843 5400 3631 7837 2 Net Sales/ Income from Operations 27819 21822 51217 42781 90546 3 Other Operating Income 52 28 79 58 116 4 Total Income(2+3) 27871 21850 51296 42839 90662 5 Expenditure             a) (Increase)/Decrease in stock in trade & WIP (225) 89 (140) (74) (578)   b) Consumption of raw materials 21841 15919 39064 32228 67767   c) Employees cost 1560 1327 3100 2502 5384   d) Depreciation 1016 952 1965 1902 3847   e) Other Expenditure 2774 2176 5206 4009 8690   f) Total (a+b+c+d+e) 26966 20463 49195 40567 85110 6 Profit from Operations before other Income, Interest & Exceptional Items(4-5) 905 1387 2101 2272 5552 7 Other Income 0 0 0 0 2 8 Profit before Interest & Exceptional Items(6+7) 905 1387 2101 2272 5554 9 Interest 432 425 804 881 1603 10 Profit after Interest but before Exceptional Items(8-9) 473 962 1297 1391 3951 11 Exceptional Items - - - - - 12 Profit (+)/ Loss (-) from Ordinary Activities before tax (10+11) 473 962 1297 1391 3951 13 Tax Expenses             - Current Tax(Net of MAT Credit Entitlement) (69) 332 69 493 1190   - Deferred Tax 55 (38) 29 (98) (48) 14 Net Profit (+)/ Loss (-) from Ordinary Activities after tax (12-13) 487 668 1199 996 2809 15 Extra ordinary Item - - - - - 16 Net Profit (+)/ Loss (-) for the period (14-15) 487 668 1199 996 2809 17 Paid up equity share capital (Face value per share Rs.2/-) 1200 1200 1200 1200 1200 18 Reserves excluding Revaluation Reserves         19514 19 Earnings Per Share (EPS)             Basic & Diluted, (Not Annualised) 0.81 1.11 2.00 1.66 4.68 20 Public shareholding             - Number of Shares 35988600 35988600 35988600 35988600 35988600   - Percentage of Shareholdings 59.99% 59.99% 59.99% 59.99% 59.99% 21 Promoters and Promoter Group Shareholding             a) Pledged / Encumbered             - Number of shares - - - - -   - Percentage of shares (as a % of the total shareholding of promoter and promoter group 0.00% 0.00% 0.00% 0.00% 0.00%   - Percentage of shares (as a % of the total share capital of the company) 0.00% 0.00% 0.00% 0.00% 0.00%   b) Non - encumbered             - Number of shares 24000000 24000000 24000000 24000000 24000000   - Percentage of shares (as a % of the total shareholding of the Promoter and Promoter group) 100.00% 100.00% 100.00% 100.00% 100.00%   - Percentage of shares (as a % of the total share capital of the company) 40.01% 40.01% 40.01% 40.01% 40.01%

Note:

1)	The above results were reviewed by the Audit Committee on 1st November, 2010 and taken on record by the Board of Directors at its meeting held on 1st November, 2010 and a limited review of the same has been carried out by the statutory auditors of the company.
2)	Previous year's figures have been regrouped/recast wherever necessary.
3)	The company's operations comprise of only one segment i.e. parts & components for Automotive Airconditioning s
4)	There were no complaints from Investors outstanding at the beginning of the quarter. One complaint received from the shareholders during the quarter has been disposed
5)

(Rs. In Lacs).
Statement of Assets & Liabilities (standalone)
PARTICULARS September 30,2010 (Unaudited) September 30,2009 (Unaudited) Shareholders Funds     Capital 1200 1200 Reserve & Surplus 20713 18191 Loan Funds 24138 17967 Deferred Tax Liability( Net) 1147 1068 Total 47198 38426 Fixed Assets 33187 26347 Investments 40 40 Current Assets, Loans and Advances     a) Inventories 12869 9953 b) Sundry Debtors 7187 5490 c) Cash and Bank Balances 1624 1373 d) Other current Assets 53 49 e) Loans and Advances 4246 3568 Less : Current Liabilities and Provisions     a) Liabilities 11678 8108 b) Provisions 330 286 Total 47198 38426

	for SUBROS LIMITED
Place : New Delhi	RAMESH SURI
Date : 1st November, 2010	CHAIRMAN