Financial Results For 30.09.11

(Rs. In Lacs).
REGD. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI UNAUDITED (STAND-ALONE) FINANCIAL RESULTS FOR THE PERIOD ENDED 30TH SEPTEMBER, 2011
PARTICULARS QUARTER ENDED 30-09-2011 (UNAUDITED) QUARTER ENDED 30-09-2010 (UNAUDITED) HALF YEAR ENDED 30-09-2011 (UNAUDITED) HALF YEAR ENDED 30-09-2010 (UNAUDITED) ACCOUNTING YEAR ENDED 31-03-2011 1 Sales Qty. ( In Nos.) 177205 233221 373569 428638 895072   Gross Sales (Inclusive of Excise) 26575 30857 54430 56617 120312   Less: Excise Duty 2526 3038 5160 5400 11402 2 Net Sales/ Income from Operations 24049 27819 49270 51217 108910 3 Other Operating Income 52 52 159 79 201 4 Total Income(2+3) 24101 27871 49429 51296 109111 5 Expenditure             a) (Increase)/Decrease in stock in trade & WIP 13 (225) (145) (140) (109)   b) Consumption of raw materials 16952 21841 34776 39064 82185   c) Employees cost 2122 1560 4002 3100 6428   d) Depreciation 1092 1016 2144 1965 4055   e) Other Expenditure 3068 2774 6248 5206 11612   f) Total (a+b+c+d+e) 23247 26966 47025 49195 104171 6 Profit from Operations before other Income, Interest & Exceptional Items(4-5) 854 905 2404 2101 4940 7 Other Income 0 0 0 0 12 8 Profit before Interest & Exceptional Items(6+7) 854 905 2404 2101 4952 9 Interest 623 432 1224 804 1750 10 Profit after Interest but before Exceptional Items(8-9) 231 473 1180 1297 3202 11 Exceptional Items - - - - - 12 Profit (+)/ Loss (-) from Ordinary Activities before tax (10+11) 231 473 1180 1297 3202 13 Tax Expenses             - Current Tax(Net of MAT Credit Entitlement) 13 (69) 13 69 9   - Deferred Tax -94 55 54 29 338 14 Net Profit (+)/ Loss (-) from Ordinary Activities after tax (12-13) 312 487 1113 1199 2855 15 Extra ordinary Item - - - - - 16 Net Profit (+)/ Loss (-) for the period (14-15) 312 487 1113 1199 2855 17 Paid up equity share capital (Face value per share Rs.2/-) 1200 1200 1200 1200 1200 18 Reserves excluding Revaluation Reserves         21811 19 Earnings Per Share (EPS)             Basic & Diluted, (Not Annualised) 0.52 0.81 1.85 2.00 4.76 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 31st October, 2011 and taken on record by the Board of Directors at its meeting held on 31st October, 2011 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 systems.
4)	No complaint was outstanding at the beginning of the quarter. No complaint was received from shareholders during the quarter and pending at the end of the quarter.
5)	Statement of Assets & Liabilities (standalone):-

(Rs. In Lacs).
Statement of Assets & Liabilities (standalone)
PARTICULARS As at 30-09-2011 (Unaudited) As at 30-09-2010 (Unaudited) As at 31-03-2011 (Audited) Shareholders Funds     Capital 1200 1200 1200 Reserve & Surplus 22924 20713 21811 Loan Funds 29150 24138 21786 Deferred Tax Liability (Net) 1510 1147 1456 Total 54784 47198 46253 Fixed Assets 43711 33187 38163 Investments 217 40 217 Current Assets, Loans and Advances       a) Inventories 17416 12869 13355 b) Sundry Debtors 6875 7187 5239 c) Cash and Bank Balances 1163 1624 1830 d) Other current Assets 61 53 30 e) Loans and Advances 6983 4246 6427 Less : Current Liabilities and Provisions       a) Liabilities 20981 11678 18195 b) Provisions 661 330 813 Total 54784 47198 46253

	for SUBROS LIMITED
Place : New Delhi	(RAMESH SURI)
Date : 31.10.2011	CHAIRMAN