|
Unaudited Financial Results (Provisional)
for the nine months ended December 31, 2004
|
Sl.no
|
Rupees
in lakh
|
|
Particulars
|
Unaudited
|
|
Unaudited
|
|
Audited
|
|
Quarter
ended
|
|
Nine
months ended
|
Previous
year ended
|
|
31.12.2004
|
31.12.2003
|
31.12.2004
|
31.12.2003
|
31.03.2004
|
|
1.
|
Income
from operations
|
5,163
|
5,559
|
16,204
|
17,024
|
22,634
|
|
2.
|
Other
Income
|
2
|
-
|
2
|
1
|
1
|
|
3.
|
Total
Expenditure
|
|
|
|
|
|
|
|
a)
Staff cost
|
333
|
315
|
1,049
|
892
|
1,209
|
|
|
b)
Business origination costs
|
377
|
612
|
1,321
|
1,943
|
2,628
|
|
|
c)
Operating expenses
|
376
|
418
|
1,089
|
1,126
|
1,550
|
|
4.
|
Interest
|
2,142
|
2,072
|
6,386
|
6,267
|
8,357
|
|
5.
|
Depreciation
|
197
|
391
|
791
|
1,435
|
1,828
|
|
6.
|
Provisioning
and other charges
|
557
|
586
|
1,710
|
1,731
|
2,457
|
|
7.
|
Profit
before tax and extraordinary items (1+2-3-4-5-6)
|
1,183
|
1,165
|
3,860
|
3,631
|
4,606
|
|
8.
|
Extraordinary
items (Net)
|
-
|
-
|
-
|
153
|
153
|
|
9.
|
Profit
before tax
|
1,183
|
1,165
|
3,860
|
3,784
|
4,759
|
|
10.
|
Provision
for taxation
|
|
|
|
|
|
|
|
-
Current
|
415
|
486
|
1,414
|
1,662
|
2,177
|
|
|
-
Deferred
|
(10)
|
(149)
|
(134)
|
(466)
|
(628)
|
|
11.
|
Net
profit (9-10)
|
778
|
828
|
2,580
|
2,588
|
3,210
|
|
12.
|
Paid-up
equity share capital (Rs.10/- per share)
|
3,801
|
2,536
|
3,801
|
2,536
|
2,536
|
|
13.
|
Reserves
excluding revaluation reserves
|
|
|
|
|
19,720
|
|
14.
|
Basic
and diluted earnings per share :
|
|
|
|
|
|
|
|
-
before extraordinary items (Rs) - not annualised
|
2.00
|
2.94
|
6.92
|
8.76
|
10.91
|
|
|
-
after extraordinary items (Rs) - not annualised
|
2.00
|
2.94
|
6.92
|
9.13
|
11.28
|
|
15.
|
Aggregate
of non-promoter shareholding
|
|
|
|
|
|
|
|
Number
of shares
|
|
|
16940016
|
11345268
|
11344268
|
|
|
Percentage
of shareholding
|
|
|
44.64
|
44.84
|
44.84
|
Notes:
- The Statutory Auditors of the Company have
carried out a Limited Review of Unaudited Financial Results
for the nine months ended December 31, 2004.
- During the quarter ended December 31, 2004,
one investor complaint was received and resolved. Further
as at 15th January 2005, Registrar to the Rights Issue,
2004 had reported receipt of 33 investor complaints relating
to the rights issue, all of which have been resolved.
There were no unresolved complaints either at the beginning
or at the end of the quarter.
- During the quarter ended December 31, 2004
Cholamandalam Risk Services Ltd.(CRSL), ceased to be a subsidiary
of the Company consequent to Mitsui Sumitomo Insurance Company
Ltd., Tokyo acquiring a 50% stake in CRSL. CRSL has been
since renamed as Cholamandalam MS Risk Services Ltd.
- The above statement of Unaudited Financial
Results (Provisional) was approved by the Board of Directors
at their meeting held on January 25, 2005.
- Previous period figures have been regrouped
wherever necessary to conform with current period presentation.
| Place : Chennai |
On behalf of the Board
|
| Date : January 25, 2005 |
M. Anandan
Managing Director
|
visit
us at www.cholamandalam.com
|
