Shree Ram Urban Infrastructure Ltd.

   
SHREE RAM URBAN INFRASTRUCTURE LIMITED 
   
(Formerly known as Shree Ram Mills Limited) 
   
Regd. Office : Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013 
   
Unaudited Financial Results (Provisional) for the quarter ended 30th June, 2011 
             ( Rs. In lacs) 
 
 
Quarter Ended 30.06.2011  (Unaudited) 
 
Quarter Ended 30.06.2010 (Unaudited) 
 
Year to date figures  for the current Six months Ended 30.06.2011  (Unaudited) 
 
Year to date figures  for the current Six months Ended 30.06.2010 (Unaudited) 
 
Previous Year Ended 31.12.2010  (Audited) 
 Sr.No. 
   
Particulars 
   
         1  Net Income from Sales / Services       
27,327.37
            
926.28
       
28,139.08
         
1,808.59
           
3,468.91
         2  Cost of Sales / Services           
   (a) Purchase of traded goods            
755.60
            
829.30
         
1,519.02
         
1,623.88
           
3,173.26
   (b) Cost of Construction       
26,143.28
                    
-  
       
26,143.28
                    
-  
                      
-  
   (c) Other Expenditure                
3.01
              
28.92
                
5.11
              
54.35
                
68.57
         3  Gross Profit (1-2)            
425.48
              
68.06
            
471.67
            
130.36
              
227.08
         4  Employee Cost              
15.30
              
15.33
              
36.35
              
27.45
                
54.27
         5  General Administrative Expenses            
150.41
            
104.52
            
220.48
            
665.31
              
992.93
         6  Selling and Distribution Expenses                
0.11
                
2.30
                
0.24
                
2.54
                      
-  
         7  Depreciation/Provision for Impairment Loss                
1.63
            
334.61
                
3.19
            
359.55
              
812.65
         8  Operating Profit before interest (3 - (4+5+6+7))            
258.03
           
(388.70)
            
211.40
           
(924.49)
          
(1,632.77)
         9  Interest & Financial Charges                
0.21
                
0.22
                
0.66
                
0.78
                  
1.06
       10  Exceptional Items                    
-  
                    
-  
                    
-  
                    
-  
                      
-  
       11  Operating Profit after interest and Exceptional             
257.82
           
(388.92)
            
210.75
           
(925.27)
          
(1,633.84)
    Items (8-9-10) 
       12  Other Income including int. income                
3.48
                
4.42
                
5.61
                
8.47
                  
9.59
       13  Profit (+) / Loss (-) from Ordinary Activities            
261.30
           
(384.50)
            
216.36
           
(916.80)
          
(1,624.25)
   before Tax (11 + 12) 
       14  Tax Expenses including Deferred Tax              
32.86
                    
-  
              
32.91
            
192.73
                  
0.47
       15 Net Profit (+) / Loss (-) from ordinary Activites            
228.44
           
(384.50)
            
183.45
           
(724.07)
           
(1624.72)
  after tax (13 - 14)
       16 Extraordinary items (net of tax expenses)                   
-  
                    
-  
                    
-  
                    
-  
                      
-  
       17 Profit (+) / Loss (-) for the period (15 - 16)           
228.44
           
(384.50)
            
183.45
           
(724.07)
           
(1624.72)
       18 Paid-up equity share capital (Face value        
2,817.49
         
2,063.45
         
2,817.49
         
2,063.45
         
2,063.45
   Re.10/- per share)
       19 Reserves Excluding Revaluation Reserve (as per Balance Sheet) of previous accounting year                   
-  
                    
-  
                    
-  
                    
-  
          
(1,316.34)
       20 Earning per share (EPS)
  Basic and diluted Earning per share (EPS) (not  annualized)               
0.81
               
(1.86)
                
0.65
               
(3.51)
                 
(7.87)
       21 Public Shareholding 
  Number of shares
11360457
8320057
11360457
8320057
8320057
  Percentage of shareholding
40.32%
40.32%
40.32%
40.32%
40.32%
       22 Promoters & Promoter Group Shareholding
  a) Pledged/Encumbered
  - Number of shares
2447830
9176284
2447830
9176284
9176284
  - Percentage of Shares ( as a % of Total shareholding of promoter & promoter group)
14.56
74.52
14.56
74.52
74.52
  - Percentage of shares ( as a % of Total Equity Share Capital of the Company )
8.69
44.47
8.69
44.47
44.47
  b) Non Encumbered 
  - Number Shares 
14366653
3138199
14366653
3138199
3138199
  - Percentage of shares ( as a % of total shareholding of promoter & promoter group)
85.44
25.48
85.44
25.48
25.48
  - Pecentage of shares ( as a % of Total Equity Share Capital of the Company)
50.99
15.21
50.99
15.21
15.21

 

Segmentwise Revenue, Results and Capital Employed under Clause 41 of the Listing Agreement

                    (Rs. in lacs)
 
Quarter
Quarter
Year to date figures for the current six months Ended 30.06.2011 (Unaudited)
Year to date figures for the current six months Ended 30.06.2010 (Unaudited)
Previous 
 
Ended
Ended
Year Ended
Particulars  
31.06.2011 
 
31.06.2010 
31.12.2010
 
(Unaudited)
(Unaudited)
(Audited)
Segment Revenue (Net Sales/
Income from each segment) :
a) Textiles           
782.04
            
865.52
         
1,573.16
         
1,691.38
           
3,293.27
b) Real estate      
26,545.33
              
60.76
       
26,565.92
            
117.21
              
175.64
Sub -Total      
27,327.37
            
926.28
       
28,139.08
         
1,808.59
           
3,468.91
Less : Inter Segment Revenue                   
-  
                    
-  
                    
-  
                    
-  
                      
-  
Total Net Sales / Income from Operations      
27,327.37
            
926.28
       
28,139.08
         
1,808.59
           
3,468.91
 
Segment Results :
Profit from Operations
of each segment
a) Textiles            
(63.69)
           
(300.61)
             
(35.99)
           
(291.95)
             
(697.01)
b) Real estate           
396.91
              
30.80
            
413.70
              
59.87
                
87.74
Profit before Interest & Tax           
333.22
           
(269.81)
            
377.71
           
(232.08)
             
(609.27)
Less : Interest               
0.21
                
0.22
                
0.66
                
0.78
                  
1.06
          Other Expenditure (Unallocable)             
75.19
            
114.47
            
166.31
            
687.99
           
1,021.89
Add   : Other Income (Unallocable)               
3.48
                    
-  
                
5.61
                
4.05
                  
7.97
Total Profit Before Tax           
261.30
           
(384.50)
            
216.36
           
(916.80)
          
(1,624.25)
 
Capital Employed
(Segment Assets - Segment Liabilities):
a) Textiles           
394.57
            
432.88
            
394.57
            
432.88
              
855.82
b) Real estate      
69,715.84
       
48,973.80
       
69,715.84
       
48,973.80
         
52,584.48
Total      
70,110.41
       
49,406.68
       
70,110.41
       
49,406.68
         
53,440.30
Add   : Unallocable Capital Employed           
428.13
         
4,354.78
            
428.13
         
4,354.78
              
371.09
Total Capital Employed      
70,538.54
       
53,761.46
       
70,538.54
       
53,761.46
         
53,811.39
Notes:
1. The above results were reviewed at the  Audit Committee Meeting held on 28th July, 2011 and approved by the Board of Directors at the meeting held on 29th July, 2011 and have undergone "Limited Review" by the Statutory Auditors of the Company.
2. The previous period's figures have been regrouped / rearranged wherever necessary.
3.  Investor complaints pending at the beginning of the quarter - Nil.  Received during the quarter - 2
Pending at the end of the quarter - Nil.  ( A group of Investors has filed a Company Petition No.45/397-398/CLB/MB/2009 with CLB which is pending).
4. The Company is having two segments,  i.e., Textiles and Real Estate activites.
5. The  Company's name change process is underway at the Bombay Stock Exchange Ltd.
 
For Shree Ram Urban Infrastructure  Limited
   
sd/-
    Place : Mumbai,     S.K. Luharuka,
   Date  :  29th July, 2011.     Whole Time Director

 



 
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