Qualities of Apolon

UNAUDITED FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 31/03/2005
(Rs. In Lakhs )

3 Months ended 31/03/05

Corresponding 3 months in the previous year 31/03/04

Accounting year ended on 31/03/2005
(Unaudited)

Previous accounting year 31/03/04 (audited)

Sales Income
from operations
Less : Excise Duty
Net Sales / Income from Operations.

732.90

61.79
671.11

622.30

69.03
553.27

2657.11

280.35
2088.64

2560.51

274.88
2285.63

Other income

5.43

6.37

25.96

30.19

Total expenditure
a)	Increase (-) / Decrease (+) in stock in trade
b)	Consumption of raw material
c)	Staff cost
d)	Other expenditure

612.99

68.03

389.59

23.47

131.90

501.45

(-) 30.03

328.06

20.72

182.70

2088.64

(-) 51.21

1507.82

91.76

540.27

1956.54

(-)35.43

1405.44

85.22

501.31

Interest

3.16

4.39

13.61

24.67

Depreciation

17.39

19.99

78.59

78.97

Misc. Exp. W/o.

0.38

1.52

Proft (+) /Loan (-) before tax (1+2-3-4-5-6)

42.62

33.43

220.36

254.12

Provision for taxation

15.78

86.78

97.92

87.12

Deferred tax asset (+) / Liability (-) for the period

+ 0.18

(+) 3.07

(+)2.13

2.77

Net profit (+) / Loss (-) [7-8-9]

27.02

(-) 50.28

124.57

164.23

Paid-up equity share capital (nominal value Rs. 10 per share)

508.84

Reserves excluding revaluation reserves

499.03

Basic and diluted EPS. (not to be annualised)

0.61

(-) 1.14

2.82

3.71

Aggregate of non-promoter share holding
- Number of shares
-Percentage of share holding

2205840
49.88

Notes:

The above financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on 19/04/2005 at Mumbai.

Due to uncertainty of leave encashment, the same is being acounted on cash basis.

Investor Grievances

	Pending at the begining of the Quarter	: 1
	Recieved during the Quarter	: 4
	Disposed off during the Quarter	: 5
	Lying unresolved at the end of the Quarter	: NIL

Limited Review of the above results has been carried out by the Statutory Auditors.