Annual Report FY2011 - Sujana Group
Annual Report FY2011 - Sujana Group
Annual Report FY2011 - Sujana Group
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ANNUAL REPORT 2009-2011<br />
Additional Information<br />
- Brief profile of Shri J. Ramakrishnan,<br />
Director, who retires by rotation and is<br />
eligible for re-election.<br />
shri J. Ramakrishnan has been on the Board<br />
of directors since 25th July , 1995.<br />
Shri J. Ramakrishnan , retired as Principal<br />
Collector, Central excise and Customs<br />
Department. He is having over 30 years of<br />
experience in Central Excise and Customs<br />
Department.<br />
Shri J. Ramakrishnan is presently holding the<br />
position of Director in <strong>Sujana</strong> Metal Products<br />
Limited.<br />
- Brief profile of Shri S.Hanumantha Rao,<br />
Director, who retires by rotation and is<br />
eligible for re-election.<br />
Shri S.Hanumantha Rao has been on the Board<br />
since 18th July, 2005. Shri S. Hanumantha Rao<br />
did his B.Tech and AICWA and he has worked<br />
for more than 20 years in State Bank of India<br />
and 3 years as Financial and Management<br />
Consultant.<br />
Shri S. Hanumantha Rao, presently holding<br />
the position of Directorship in 12 (Twelve)<br />
other Companies.<br />
DIRECTORS’ REPORT<br />
To<br />
The Members of <strong>Sujana</strong> Universal Industries<br />
Limited,<br />
Your Directors hereby present Twenty Second<br />
<strong>Annual</strong> <strong>Report</strong> together with the Audited Accounts<br />
for the financial year ended 31st March, 2011<br />
comprising Eighteen (18) months from 01.10.2009<br />
to 31.03.2011.<br />
1. Company’s Performance:<br />
Your Directors hereby report that the Company<br />
achieved a turnover of Rs. 387,741.86 lakhs<br />
up to 31.03.2011, consisting of eighteen<br />
(18) months, as against the turnover of<br />
Rs.139,773.31 lakhs for the previous year<br />
ended 30.09.2009 consisting of twelve (12)<br />
months.<br />
The highlights of the financial results<br />
are as follows:<br />
(Rupees in Lakhs)<br />
Profit before<br />
Depreciation & Interest<br />
2009-2011<br />
(18<br />
Months)<br />
2008-2009<br />
(12 Months)<br />
15,738.08 8,025.88<br />
Interest 8,284.76 2,644.43<br />
Depreciation 4,090.23 2,519.93<br />
Prior year adjustments 137.42 - 299.17<br />
Profit before tax 3,500.51 2,562.35<br />
Provision for tax<br />
1. Current tax<br />
2. Deferred tax<br />
3. Fringe Benefit tax<br />
870.00<br />
- 89.08<br />
---<br />
442.10<br />
113.58<br />
5.68<br />
Profit after tax 2,719.59 2,000.99<br />
Balance of profit<br />
brought forward from<br />
earlier years<br />
Profit available for<br />
appropriation<br />
Appropriations:<br />
Proposed Dividend:<br />
4. Equity<br />
5. Preference<br />
6. Dividend Tax<br />
16,511.76 14,539.04<br />
19,856.05 16,540.02<br />
---<br />
36.54<br />
6.07<br />
---<br />
24.36<br />
3.89<br />
Balance of Profit 19,813.44 16,511.76<br />
: : 19 : :
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