|
UNAUDITED FINANCIAL
RESULTS FOR THE QUARTER AND HALF YEAR ENDED ON 30TH SEPTEMBER, 2007
(Rs. in Lakhs)
| Sr. |
Particulars |
Quarter Ended |
Half Year Ended |
Year Ended |
|
No.
|
|
30th Sept.
2007
(Unaudited)
|
30th Sept.
2006
(Unaudited)
|
30th Sept.
2007
(Unaudited)
|
30th Sept.
2006
(Unaudited)
|
31st March
2007
(Audited)
|
| 1 |
Net Sales/Income from Operations |
3,314.22
|
2,145.45
|
6,248.01
|
4,244.87
|
11,192.98 |
| 2 |
Other Income |
175.84 |
14.26
|
262.24 |
30.92 |
89.81 |
| |
Total [1+2] |
3,490.06
|
2,159.71
|
6,510.25 |
4,275.79 |
11,282.79 |
| 3 |
Total Expenditure |
|
|
|
|
|
| |
a) Consumption of Raw
Materials |
185.35
|
142.17
|
369.76 |
309.95 |
695.79 |
| |
b) Employees Cost
|
570.03 |
406.03 |
1,059.77 |
809.11 |
1,735.86 |
| |
c) Heat, Light & Power
|
231.21
|
135.88
|
443.10 |
264.02 |
529.74 |
| |
d) Depreciation
|
207.71
|
176.52
|
419.08 |
366.95 |
794.42 |
| |
e) Other Expenditure
|
810.78
|
583.35
|
1,663.28 |
1,141.30 |
3,008.66 |
| |
Total Expenditure |
2,005.08
|
1,443.95
|
3,954.99
|
2,891.33 |
6,764.47 |
| 4 |
Profit Before Interest, and Tax
[1+2-3] |
1,484.98
|
715.76
|
2,555.26
|
1,384.46
|
4,518.32 |
| 5 |
Interest |
369.88
|
347.96
|
775.01 |
690.93 |
1,510.18 |
| 6 |
Profit Before Taxation [4-5] |
1,115.10
|
367.80 |
1,780.25 |
693.53 |
3,008.14 |
| 7 |
Tax Expense:
|
|
|
|
|
|
| |
a) Current Tax
|
270.00 |
41.00 |
433.00 |
78.00 |
339.50 |
| |
b) Deferred Tax
|
114.87 |
172.47 |
202.18 |
283.75 |
1,072.54 |
| |
c) Fringe Benefit Tax
|
4.90 |
2.00 |
9.30 |
8.00 |
17.00 |
| |
d) MAT Credit Entitlement
|
- |
- |
- |
- |
(479.10)
|
| 8 |
Net Profit after tax [6-7]
|
725.33 |
152.33 |
1,135.77 |
323.78 |
2,058.20 |
| 9 |
Paid-up Share Capital (Face value
of Equity Share Rs.10/- each) |
1,378.59
|
1,378.59
|
1,378.59 |
1,378.59 |
1,378.59
|
| 10 |
Reserves Excluding Revaluation
Reserves |
- |
- |
|
|
12,547.95
|
| 11 |
Basic & Diluted EPS (Rs.) |
|
|
|
|
|
| |
Basic |
5.50
|
1.15
|
8.61
|
2.45
|
15.60
|
| |
Diluted |
4.33
|
1.15
|
6.79 |
2.45 |
15.38 |
| 12 |
Public shareholdings: -Number
of Shares -Percentage of Shareholding |
3560197 26.98 |
3560197 26.98 |
3560197 26.98 |
3560197 26.98 |
3560197 26.98 |
|
|
|
|
|
|
| UNAUDITED FINANCIAL
RESULTS FOR THE QUARTER & HALF YEAR ENDED ON 30TH SEPTEMBER,
2007 Contd.. |
| Notes: |
|
|
|
|
- The above results have been reviewed by the Audit committee
and approved by the Board of Directors at its meeting held
on 27th October2007. The Auditors have carried out the "Limited
Review" of the above financial results.
- The Company is operating only in Hospitality Services
Segment.
- The Company issued Foreign Currency Convertible Bonds
(FCCB) in the month of March, 2007 aggregating to US$18
million with an option to the investors to convert the FCCBs
into Ordinary Shares. The Bonds are listed on the Singapore
Stock Exchange. The funds are being utilised for the hotel
projects in a planned manner.
- Other income includes Rs.149.32 lakhs for the quarter
being gain on foreign exchange fluctuation.
- The Board has approved acquisition upto 60% stake in equity
of Concept Hospitality Ltd, a hospitality management consultancy
company, subject to approval of the Central Government.
- There were no unresolved investors complaints at the begining
of the quarter. Further, during the quarter ended September,
2007, the company received 10 investor complaints. All the
complaints have been suitably disposed off and no unresolved
complaint is pending as on 30th September, 2007.
- Previous quarter, half year and financial year figures
have been regrouped/rearranged, wherever necessary.
| |
For and on behalf of the Board
Kamat Hotels (India) Limited
|
Place: Mumbai
Date: 27th October, 2007
|
Vithal V. Kamat
(Executive Chairman & Managing Director)
|
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