GAMMON INDIA LIMITED

Sr.
No.
Particulars
12 Earnings Per Share (Rupees) :
Basic
Diluted
13 Ratios
Debt Service Coverage Ratio(DSCR)#
Interest Service Coverage Ratio (ISCR)##
14 Public shareholding
15
Three
Months
Ended
30.09.2009
(Unaudited)
3.96
3.92
Three
Months
Ended
30.09.2008
(Unaudited)
1.19
1.18
Year to
date for
the period
ended
30.09.2009
(Unaudited)
6.13
6.08
4.57
3.41
Year to
date for
the period
ended
30.09.2008
(Unaudited)
7.23
7.17
12.78
5.17
Previous
Accounting
year ended
31.03.2009
(Audited)
- Number of shares 79399821 60257195 79399821 60257195 60257195
- Percentage of shareholding
Promoters & promoter Group
Shareholding
73.80% 68.89% 73.80% 68.89% 68.89%
Pledge/ Encumbered
- Number of shares 1743000
- Percentage of shareholding 1.62%
Non-encumbered
- 1743000
- 1.62%
-
12.46
12.35
8.94
3.05
7,000,000.00
- 8.07%
- Number of shares 26443875 28186875 26443875 28186875 20213275
- Percentage of shareholding 24.58% 31.11% 24.58% 31.11% 23.04%
# DSCR= (PAT+Depreciation+Interest on long term loans) /
(Interest & Principal repayment of long term loans)
## ISCR= (PBT+Depreciation+Gross Interest)
/ Interest
Notes:
1. The Financial Results were reviewed by the Audit Committee and taken on record by the Board of
Directors of the Company at its meeting held on 30 th October, 2009.
2. Pursuant to the Scheme of amalgamation of the Company with Associated Transrail Structures Limited
(ATSL) w.e.f. the appointed date of 1 st April, 2008, results of the quarter and half year ended 30 th
September 2009 include the result of operation of the business of the erstwhile ATSL. Since the effect of
the amalgamation was given in the quarter ending 31 st March 2009, the figures of the corresponding
quarter of previous year do not include the result of operations of the erstwhile ATSL. Hence the results
are not comparable.
3. The above Financial results, except for the year ended 31 st March 2009 do not include share of
Profit/(Loss) from the Company's Joint Venture in Oman and transactions of the Company's branch in
Oman. For the quarter, the profit/loss of the Joint Venture in Oman is not determined. The management
does not expect the same to be significant which is relied upon by the auditors.
4. The company had entered into, during the previous year, forward contracts for hedging the foreign
currency receivables from its projects which are in the nature of firm commitments and highly probable
future transactions. The company contends that these are entered into to hedge the currency risks arising
out of the firm commitments and that the announcement of the ICAI on derivatives is not applicable to
F
such transactions. The notional marked to market losses 3
is expected to be offset by the higher realisations