AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31.03.2004 (Rs. In Lakhs)
Sr.
No.
Particulars
9 months
ended
31.12.2003
3 months
ended
31.03.2004
3 months
ended
31.3.2003
Accounting
Year ended
31.3.2004
Accounting
Year ended
31.3.2003
1
Net Sales / Income from Operations
13144.93
4684.67
4453.36
17829.60
18596.59
2
Other Income
397.22
218.08
140.50
615.30
149.11
3
Total Expenditure
(Increase) / decrease in stock in trade
Cost of Production and Telecast Fees
Staff Cost
Other expenditure
(147.72)
5404.46
207.26
933.05
(111.47)
2311.62
216.18
340.41
5.36
2084.76
38.54
332.74
(259.19)
7716.08
423.44
1273.46
(115.58)
8046.74
175.77
1060.71
4
Interest
0.61
1.73
0.40
2.34
5.89
5
Depreciation
522.44
251.25
110.87
773.69
424.30
6
Profit (+) / Loss(-) Before Tax & earlier years adjustments
6622.05
1893.03
2021.19
8515.08
9147.87
7
Deferred Revenue Expenditure w/off
-
-
23.96
-
95.85
8
Profit before tax
6622.05
1893.03
1997.23
8515.08
9052.02
9
Provision for taxation
Current
Deferred Tax
2140.00
174.94
582.53
76.83
703.00
97.41
2722.53
251.77
3203.00
107.58
10
Net Profit
4307.11
1233.67
1196.82
5540.78
5741.44
11
Paid-up equity share capital (Face Value of the share is Rs. 2)
1030.33
1030.33
1030.33
1030.33
1030.33
12
Reserves excluding revaluation reserves
-
-
-
13407.63
9614.04
13
EPS for the period, for the year to date and for the previous year (not annualized)
8.36
2.39
2.32
10.75
11.14
14
Aggregate of Non-promoter Shareholding: (Refer Note 6)
- Number of shares
- Percentage of Shareholding
21746000
42.21
24246000
47.06
21746000
42.21
24246000
47.06
21746000
42.21
Segment wise Revenue, Results and Capital Employed (Rs. In Lakhs)
Sr.
No.
Particulars
Nine months ended
Quarter ended
Year ended
Year ended
31 st December 2003
31 st March, 2004
31 st March 2003
31 st March 2004
31 st March 2003
1
Segment Revenue
Commissioned Programs
10700.13
3829.90
3848.06
14530.03
16009.37
Sponsored Programs
2444.80
854.77
605.30
3299.57
2587.22
Others
-
-
-
-
-
Total
13144.93
4684.67
4453.36
17829.60
18596.59
Less: Inter segment revenue
-
-
-
-
-
Total Net Sales / Income from Operations
13144.93
4684.67
4453.36
17829.60
18596.59
2
Segment Results
Profit before tax and interest from each segment
Commissioned Programs
6494.42
1879.95
2079.95
8374.37
9240.94
Sponsored Programs
977.89
353.20
167.59
1331.09
1068.12
Others
-
-
-
-
-
Total
7472.31
2233.15
2247.54
9705.46
10309.06
Add: (i) Other Income
397.22
153.43
111.91
550.65
120.52
Total
7869.53
2386.58
2359.45
10256.11
10429.58
Less: (i) Interest
0.61
1.73
0.40
2.34
5.89
(ii)Other unallocable expenditure
1246.87
491.82
361.82
1738.69
1371.67
Total Profit before tax
6622.05
1893.03
1997.23
8515.08
9052.02
3
Capital Employed (Segment Assets – Segment Liabilities)
Commissioned Programs
4488.33
4044.92
3469.39
4044.92
3469.39
Sponsored Programs
841.14
1040.95
755.52
1040.95
755.52
Others
-
61.20
-
61.20
-
Total
5329.47
5147.07
4224.91
5147.07
4224.91
Notes
The above results were taken on record by the Board of Directors at their meeting held on 21 st May, 2004.
The Board has recommended a final dividend of Re. 1 per share( 50% on par value of Rs. 2 per share) for the year ended 31 st March 2004 amounting to Rs.5.15 crores. Including the interim dividend of Rs. 2 per share (100% on par value of Rs. 2 per share) amounting to Rs. 10.30 crores, the total dividend recommended for the year is Rs. 3 per share (150% on par value of Rs. 2 per share), amounting to Rs.15.45 crores, subject to the approval of members at the ensuing Annual General Meeting of the Company.
The aggregate non-promoter shareholding has gone upto 47.06% due to the sale of 25,00,000 equity shares representing 4.85% of the total paid-up capital of the Company by the promoters of the Company on 7 th January, 2004.
Corresponding figures of the previous period have been regrouped / restated, wherever necessary.
There were no Investors Complaints pending at the beginning of the quarter. The Company has received 8 complaints from the Investors during the quarter ended 31 st March, 2004 and all the complaints were disposed of during the quarter. There were no complaints lying unsolved at the end of the quarter.
The surplus funds are currently invested in Debt Mutual Funds.
Place: Mumbai
Date: 21st May, 2004
By Order of the Board For Balaji Telefilms Limited
