|
Unaudited Financial Results for the Quarter/ Nine Months ended 31st December, 2011 |
|
( in Lakhs) |
|
S.No. |
Particulars |
Quarter Ended |
Nine Months ended |
Year ended |
|
31.12.2011 |
30.09.2011 |
31.12.2010 |
31.12.2011 |
31.12.2010 |
31.03.2011 |
|
Unaudited |
Unaudited |
Unaudited |
Unaudited |
Unaudited |
Audited |
|
1 |
Net Sales/Income from Operations |
36,825
|
62,202 |
39,641
|
154,384
|
1,44,678
|
181,267
|
|
2 |
Expenditure |
|
|
|
|
|
|
|
a) |
Employees cost |
2,435
|
2,469
|
1,586 |
7,264 |
5,530 |
8,472 |
|
b) |
Depreciation |
11,092 |
11,127 |
12,038 |
33,228 |
33,776 |
44,421 |
|
c) |
Other Expenditure |
3,048 |
1,806 |
2,318 |
7,187 |
7,243 |
11,690 |
|
d) |
Prior Period Adjustment (Net) |
- |
(191) |
- |
(191) |
11 |
(458) |
|
|
Total Expenditure |
16,575 |
15,211 |
15,942 |
47,488 |
46,560 |
64,125 |
|
3 |
Profit from Operations before other Income,
Interest and Exceptional Items |
20,250 |
46,991 |
23,699 |
1,06,896 |
98,118 |
1,17,142 |
|
4 |
Other Income |
4,483 |
5,784 |
3,565 |
15,528 |
9,914 |
14,315 |
|
5 |
Profit before Interest and Exceptional Items |
24,733 |
25,775 |
27,264 |
1,22,424 |
1,08,032 |
1,31,457 |
|
6 |
Interest & Finance Charges |
2,306 |
2,935 |
5,171 |
8,025 |
12,552 |
15,837 |
|
7 |
Profit after interest but before Exceptional Items |
22,427 |
49,840 |
22,093 |
1,14,399 |
95,480 |
1,15,620 |
|
8 |
Exceptional Items |
- |
- |
|
- |
- |
- |
|
9 |
Profit from Ordinary Activities before tax |
22,427 |
49,840 |
22,093 |
1,14,399 |
95,480 |
1,15,620 |
|
10 |
Tax expense: |
|
|
|
|
|
|
|
a) |
Current Tax |
4,487 |
9,972 |
4,403 |
22,889 |
19,030 |
23,044 |
|
b) |
Earlier Year Adjustment |
- |
- |
|
- |
|
6,366 |
|
c) |
Deferred Tax |
(1,023) |
(1,242) |
(1,460) |
(3,384) |
(3,735) |
(5,003) |
|
11 |
Profit from Ordinary Activities after tax |
18,963 |
41,110 |
19,150 |
94,894 |
80,185 |
91,213 |
|
12 |
Extraordinary Item |
- |
- |
|
- |
- |
- |
|
13 |
Profit for the period |
18,963 |
41,110 |
19,150 |
94,894 |
80,185 |
91,213 |
|
14 |
Paid-up equity share capital |
4,13,663 |
4,13,663 |
4,13,663 |
4,13,663 |
4,13,663 |
4,13,663 |
|
15 |
Reserves Excluding Revaluation Reserve |
- |
- |
|
- |
- |
3,06,889 |
|
16 |
Earnings Per Share (EPS) (in ) |
|
|
|
|
|
|
|
- |
Basic and Diluted (Not Annualised) |
0.45 |
0.99 |
0.46 |
2.29 |
1.94 |
2.21 |
|
17 |
Public Shareholding: |
|
|
|
|
|
|
|
|
Number of shares |
41,50,00,000 |
4,15,00,00,000 |
41,50,00,000 |
41,50,00,000 |
41,50,00,000 |
41,50,00,000 |
|
|
Percentage of shareholding |
10.03% |
10.03% |
10.03% |
10.03% |
10.03% |
10.03% |
|
18 |
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) |
- |
- |
|
- |
- |
- |
|
|
Percentage of shares (as a % of the total share capital of the company) |
- |
- |
|
- |
- |
- |
|
b) |
Non Encumbered |
|
|
|
|
|
|
|
- |
Number of shares |
3,72,16,26,500 |
3,72,16,26,500 |
3,72,16,26,500 |
3,72,16,26,500 |
3,72,16,26,500 |
3,72,16,26,500 |
|
- |
Percentage of shares (as a % of the total shareholding of
promoter and promoter group) |
100% |
100% |
100% |
100% |
100% |
100.00% |
|
- |
Percentage of shares (as a % of the total share capital
of the company) |
89.97% |
89.97% |
89.97% |
89.97% |
89.97% |
89.97% |
Notes:
-
The Central Electricity Regulatory Commission (CERC) vide notification dated 19.01.2009 has notified the Tariff Regulations, 2009 containing inter-alia the terms & conditions for determination of tariff, applicable for a period of five years with effect from 01.04.2009. Pending filing of petition by the company and final determination of tariff by the CERC, the sales have been provisionally recognized at 36825 lakh and 154384 lakh for the quarter and nine months ended 31.12.2011 respectively ( 39641 lakh and 144678 lakh for the previous corresponding quarter and nine months respectively) on the basis of principles enumerated in the said regulations, on the capital cost allowed by CERC for determining tariff for the year 2008-09.
The Tariff Regulations, 2009 provide that pending determination of tariff by the CERC, the company has to provisionally bill the beneficiaries at the tariff applicable as on 31.03.2009 approved by the CERC. The amount provisionally billed on this basis is 36508 lakh and 144635 lakh for the quarter and nine months ended 31.12.2011 respectively ( 39015 lakh and 136191 lakh for the previous corresponding quarter and nine months respectively).
- Details of energy generated (in million units):
|
Particulars |
Quarter
ended |
Nine Months
Ended |
Year ended
|
|
31.12.2011 |
30.09.2011 |
31.12.2010 |
31.12.2010 |
31.12.2011 |
31.03.2011 |
|
Gross Energy
Generation |
1098.72 |
3225.55 |
1371.79 |
6974.80 |
6402.55 |
7140.21 |
- As the company is primarily engaged in only one segment viz. ‘Generation and sale of hydroelectric power’, there are no reportable segments as per Accounting Standard - 17.
- As the generation of hydroelectric power is dependent on the flow of water which varies during various periods of the year, the results for the quarter may not be comparable with the forthcoming quarters.
-
Status of investor complaints received and attended, regarding equity shares, during the quarter ended 31.12.2011 is given as under:
|
|
Opening |
Received during the quarter |
Attended |
Unattended at the end of quarter |
|
No. of Complaints |
40 |
84 |
103 |
21 |
-
Figures for the previous periods have been recast/regrouped/rearranged wherever considered necessary.
-
The above results have been reviewed by the Audit Committee and have been approved by the Board of Directors at its meeting held on 21.01.2012.
-
The above results have been reviewed by the Statutory Auditors as required under Clause 41 of the Listing Agreement.
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