Audited Financial Results for Year ended 31st March, 2005

Deepak Fertilisers & Petrochemicals Corporation Ltd.

Industrial Chemicals

Knowledge Center

A leading manufacturer of industrial chemicals including methanol, nitric acid and carbon dioxide.

The largest Indian manufacturer of ammonium nitrate.

"Mahadhan" brand fertilisers are effective for a wide variety of crops.

Audited Financial Results for Year ended 31st March, 2005

(Rs. in lacs)

Sr.	Particulars	Nine Months ended 31.12.2004 (Unaudited)	Quarter Ended		Year Ended
Sr.	Particulars	Nine Months ended 31.12.2004 (Unaudited)	31.03.2005 (Unaudited)	31.03.2004 (Unaudited)	31.03.2005 (Audited)	31.03.2004 (Audited)	Consolidated 31.03.2005 (Audited)	Consolidated 31.03.2004 (Audited)
1	Sales	36,924	16,015	14,772	52,939	51,761	58,561	53,579
	Less: Excise	3,581	1,541	1,328	5,122	4,622	5,909	4,880
	Net Sales	33,343	14,474	13,444	47,817	47,139	52,652	48,699
2	a) Other Income -Segment Related	416	167	35	583	521	583	521
	b) -Unallocated	1,226	469	751	1,695	1,970	1,744	2,033
	sub-total other income	1,642	636	786	2,278	2,491	2,327	2,554
	Total Revenue	34,985	15,110	14,230	50,095	49,630	54,979	51,253
3	Total Expenditure
	a) Decrease/(Increase) in Stock in Trade	279	(196)	593	83	325	85	332
	b) Consumption of Raw Materials	9,209	4,436	4,338	13,645	16,497	16,613	17,501
	c) Staff Cost	2,941	1,105	895	4,046	3,655	4,239	3,734
	d) Traded Goods Purchases	7,031	3,578	1,141	10,609	5,960	10,609	5,960
	e) Other Expenditure	5,344	1,591	2,487	6,935	8,426	7,743	8,677
		24,804	10,514	9,454	35,318	34,863	39,289	36,204
4	Interest	619	246	371	865	1,445	910	1,485
5	Depreciation	2,309	802	685	3,111	2,958	3,790	2,997
6	Extraordinary items	(445)	-	-	(445)	623	(445)	623
7	Profit before Tax (1+2-3-4-5-6)	7,698	3,548	3,720	11,246	9,741	11,435	9,944
8	Provision for taxation
	a) Provision for Current Tax	2,658	1,394	976	4,052	3,426	4,262	3,506
	b) Provision for Deferred Tax	(166)	(615)	(226)	(781)	(657)	(772)	(676)
	sub-total	2,492	779	750	3,271	2,769	3,490	2,830
9	Net Profit (7-8)	5,206	2,769	2,970	7,975	6,972	7,945	7,114
10	Paid-up Equity Share Capital (Face Value of Rs.10/- each)	8,820	8,820	8,820	8,820	8,820	8,820	8,820
11	Reserves excluding revaluation reserves	-	-	-	43,607	38,460	43,719	38,601
		*	*	*
12	Basic and diluted EPS (Rs.)	5.90	3.14	3.70	9.04	9.06	9.01	9.24
13	Aggregate of Non - Promoter Shareholding
	- Number of Shares	52,045,556	52,045,606	52,809,918	52,045,606	52,809,918	52,045,606	52,809,918
	- Percentage of Shareholding	59.00	59.01	59.87	59.01	59.87	59.01	59.87

* Non Annualised

Notes

1 The Government of India is yet to notify final subsidy on fertilisers for the current quarter and hence the amount of subsidy is based on provisional figures.

2 Extraordinary items represent write back of provision, related to non-recurring expenses, no longer required, pursuant to settlement.

3 The supply of Natural Gas continued to be lower than contracted allocation, affecting production and sales.

4 The Board of Directors has recommended dividend of 25% (previous year 22%) plus a special dividend of 5% on the occasion of the Silver Jubilee year, totalling 30% on Equity Shares of the Company for year ended 31st March, 2005.

5 The consolidated financial statements are prepared in accordance with the principles and procedures as set out in the Accounting Standard 21 issued by the Institute of Chartered Accountants of India.

6 There was no investor complaint pending at the beginning of the quarter. The Company, during the quarter, received four investor complaints and all of them have been resolved.

7 Previous year's figures have been regrouped wherever necessary to conform to current year's figures.

The above audited financial results were considered and taken on record by the Board of Directors at its meeting held on 19th May, 2005.

For Deepak Fertilisers And Petrochemicals Corporation Ltd.
S. C. Mehta
Managing Director
Place : Mumbai
19^th May 2005

Segment wise Revenue, Results and Capital Employed

[ Recognition ]

[ Community ]

[ Careers ]

[ Contact Us ]

[ Site Map ]