KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

Annexure - I
Statement of Profit & Loss Account (As Restated) (Rs in lac)
Particulars For the year ended
August March March March March March
31,2005 31, 2005 31, 2004 31, 2003 31, 2002 31, 2001
INCOME
SALES
Of Products Manufactured by the Company 5239.22 9702.50 7011.57 5133.76 4467.65 3845.95
Of products Traded by the Company 330.53 2926.60 1346.56 181.99 166.29 6.00
Increase/ (Decrease) in stocks 33.52 (4.38) (180.70) 156.39 49.27 83.82
Other Income* 134.17 116.90 55.22 199.53 194.94 239.78
Total
EXPENDITURE
5737.45 12741.62 8232.65 5671.67 4878.15 4175.55
Material Consumed 3693.13 6680.85 4935.33 3791.67 3253.71 2836.35
Cost of goods traded in 306.82 2802.53 1225.34 153.82 165.53 -
Manufacturing Expenses 707.51 1559.54 655.00 610.56 515.98 501.34
Personnel Expenses 32.97 96.24 46.48 49.73 47.64 42.95
Other Operating Expenses 94.15 252.01 265.54 181.31 103.24 99.29
Excise Duty 720.56 956.97 831.37 768.90 689.18 601.24
Misc.and Deferred Revenue Exp. W/Off - 1.11 1.11 0.69 0.69 0.69
Total 5555.14 12349.25 7960.17 5556.68 4775.97 4081.86
Profit before Interest, Depreciation and Tax 182.31 392.37 272.48 114.99 102.18 93.69
Depreciation 29.12 69.95 55.70 51.27 48.73 38.02
Profit before Interest and Tax 153.19 322.42 216.78 63.72 53.45 55.67
Interest & Finance Charges 20.60 59.32 34.27 23.88 24.36 28.74
Loss on sale of Investment/Assets - - 2.29 - 1.08 -
Net Profit Before Tax
Provision For Taxation
132.59 263.10 180.22 39.84 28.01 26.93
Current Tax 46.08 87.54 52.19 10.57 1.08 1.32
Deferred Tax (1.45) 4.37 13.52 6.58 - -
Net Profit After Tax 87.96 171.19 114.51 22.69 26.93 25.61
Prior Period adjustment - 1.94 0.84 56.73 11.06 —
Net profit after tax after adjusting prior period item 87.96 173.13 115.35 (34.04) 15.87 25.61
* Other Income includes Royalties received from Franchisee units for permitted use of “Kamathenu” Brand.
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