PETRONET LNG LIMITED
Regd Office: World Trade Centre, First Floor, Babar Road, Barakhamba
Lane,
New Delhi - 110001
Un-audited Financial Results for the Quarter
and Nine Months ended on 31st December 2005 |
| |
Quarter
ended
31.12.2005
|
Quarter
ended
31.12.2004
|
Nine months
ended 31.12.2005
|
Nine months
ended 31.12.2004
|
Previous
year
ended 31.3.2005
|
| Un-audited |
Un-audited |
Un-audited |
Un-audited |
Un-audited |
| 1 |
Sales Qty (TBTUs) |
65.01
|
33.93 |
186.75 |
90.78 |
125.03 |
| 2 |
Net Sales /
Income from Operations |
102,965.30 |
53,154.58 |
289,542.53 |
142,199.93 |
194,526.46 |
| 3 |
Other Income |
573.92 |
497.17 |
1,273.17 |
969.03 |
1,326.77 |
| 4 |
Total Expenditure |
|
|
|
|
|
| |
a) Consumption
of Raw materials |
87,862.32 |
46,092.58 |
248,264.66 |
124,813.56 |
169,605.12 |
| b) Staff Cost
|
303.26 |
342.76 |
836.07 |
661.76 |
883.50 |
| c) Other expenditure
|
2,630.51 |
1,916.64 |
6,152.92
|
6,221.47
|
8,990.11 |
| 5 |
Finance Charges
|
2,674.55 |
2,856.90 |
8,513.82 |
7,884.80 |
10,938.85 |
| 6 |
Profit/ (Loss)
before Depreciation & Tax |
10,068.58 |
2,442.87 |
27,048.23 |
3,587.37 |
5,435.65 |
| 7 |
Depreciation |
2,543.37 |
2,485.99 |
7,582.98 |
7,193.84 |
9,680.21 |
| 8 |
Profit/ (Loss)
before tax |
7,525.21 |
(43.12) |
19,465.25 |
(3,606.47) |
(4,244.56) |
| 9 |
Provision
for Taxation |
|
|
|
|
|
| a) Current Taxation (Minimum
Alternate Tax) |
650.00 |
- |
1,650.00 |
- |
- |
| b) Deferred Tax Liability/(Assets)
|
1,900.00 |
- |
4,900.00 |
- |
(1,400.00) |
| c) Fringe Benefit Tax |
13.50 |
- |
37.50 |
- |
- |
| 10 |
Net profit/ (Loss)
|
4,961.71 |
(43.12) |
12,877.75 |
(3,606.47) |
(2,844.56) |
| 11 |
Paid-up equity
share capital (Face Value of Rs 10 each) |
75,000.00
|
75,000.00 |
75,000.00 |
75,000.00 |
75,000.00 |
| 12 |
Reserves excluding
revaluation reserves |
25,579.66 |
11,940.02 |
25,579.66 |
11,940.02 |
12,701.94 |
| 13 |
Basic
and Diluted EPS*
*Not annualised in case
of quarterly results |
0.66
|
(0.01) |
1.72 |
(0.48) |
(0.38) |
| 14 |
Aggregate
of Non-Promoter Shareholding |
|
|
|
|
|
| |
a) Number of shares
|
375,000,044 |
375,000,044 |
375,000,044 |
375,000,044 |
375,000,044 |
| b) Percentage of
Shareholding |
50% |
50% |
50% |
50% |
50% |
| |
Notes |
| 1. |
The above results have
been reviewed by Audit Committee and taken on record by the Board
of Directors in their meeting held on 24.01.2006 and are subjected
to limited review by the statutory auditors. |
| 2. |
The Company had 3 investor
complaints at the beginning of the quarter. 19 complaints were received
during the Quarter, against which 22 complaints were resolved. No
complaint was pending to be resolved at the end of the Quarter.
|
| 3. |
The company commenced
commercial production on 9th April 2004. Hence, profit & loss
account for the previous year ended 31.3.2005 is for the period 9th
April 2004 to 31.3.2005 and profit & loss account for the previous
nine months ended 31.12.2004 is for the period 9th April 2004 to 31.12.2004.
|
| 4. |
The deferred tax assets
for the Financial Year 2004-05 was recognised at the end of the year.
|
| 5. |
The Company is presently
operating in one segment viz. Regasified - Liquefied Natural Gas (R-
LNG). |
Place: New Delhi
Date: 24 January 2006
|
By order of the Board
P. Dasgupta
CEO & Managing Director
|
|