Ponni Sugars - Balance Sheet

Financials

Audited Financial Results for the year ended 31.03.2009

(Rs.Lakhs)

Description	Year ended 31.03.2009	Year Ended 31.03.2008
Net Sales	13749	14028
Other Operating Income	113	317
Total Income	13862	14345
Expenditure :
(a) (Increase) / Decrease in stock in trade & work in progress	(1190)	440
(b) Consumption of materials	9777	11418
(c) Employee cost	883	740
(d) Depreciation	297	282
(e)Other Expenditure	2105	1826
(f)Total	11872	14706
Profit/(Loss) from operations before other Income
Interest & Exceptional items	1990	(361)
Other Income	71	56
Profit/(Loss) before interest & Exceptional Items	2061	(305)
Interest	189	112
Profit/(Loss) after Interest but before exceptional items	1872	(417)
Exceptional items	0	108
Profit / (Loss) before tax	1872	(309)
Tax Expenses	646	(121)
Net Profit / (Loss) for the period	1226	(188)
Paid-up Equity Share Capital	860	820
(Face Value : Rs. 10 Per Share)
Reserves excluding Revaluation Reserves	3820	2685
Earnings Per Shares (Rs.)
- Basic and Diluted	14.46	(2.29)
Public Shareholding
- Number of Equity shares	4725280	4725280
- Percentage of shareholding	54.96	57.64
Promoters and Promoter Group Share Holding
a) Pledge/Encumbered	Nil	Nil
b) Non-Encumbered
- Number of Equity shares	3873138	3473138
- Percentage of total Promoters and Promoters Group Shareholding	100.00	100
- Percentage of Total Share Capital of the company	45.04	42.36

Notes :

The Board has recommended dividend of Rs.2.50 per Equity Share for 2008-09.
Buoyancy in product prices and higher sugar recovery significantly contribute to healthy margins for the year.
The Company is engaged in single segment, viz., Sugar, the production of which is seasonal in nature.
Number of investor complaints for the quarter ended 31-03-2009 Begining - Nil, Received - Nil, Disposed - Nil, and Pending - Nil.
The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on 05-06-2009 & 06-06-2009.