ZENITH FIBRES LTD.

Unaudited Financial
UNAUDITED FINANCIAL
UNAUDITED FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 30/06/2003

3 Months ended 30/06/03

Corrosponding 3 months in the previous year 30/06/02

Previous accounting year 31/03/03 (audited)

Previous accounting year 31/03/03 (audited)

Previous accounting year 31/03/03 (audited)

1
Net sales/income from operations
672.55
595.03
1304.83
1145.18
2466.24
2
Other income
10.84
10.09
15.16
12.67
24.23
3
Total expenditure
a)
Increase (-) / Decrease (+) in stock in trade
b)
Consumption of raw material
c) Staff cost
d) Other expenditure
  1) Excise deuty
2) Others
569.03
(-) 2.50

387.74
20.39
71.40
92.00
525.24
(-) 0.61

364.31
19.07
54.21
88.26
1117.53
(-) 20.21

794.38
41.76
132.33
169.27
988.73
(-) 54.23

748.29
37.41
100.16
157.10
2183.43
13.86

1521.83
77.62
211.11
359.01
4
Interest
8.11 13.58 15.05 29.45 56.64
5
Depreciation
18.89 18.60 38.39 37.20 75.97
6
Misc. Exp. W/o.
0.38 1.23 0.76 2.45 4.90
7
Proft (+) /Loan (-) before tax (1+2-3-4-5-6)
86.98 46.47 148.26 100.02 169.53
8
Provision for taxation
- - - - 35.30
9 Deferred tax asset (+) / Liability (-) for the period - - - - 7.87
10 Net profit (+) / Loss (-) [7-8-9] 86.98 46.47 148.26 100.02 126.36
11 Paid-up equity share capital (nominal value Rs. 10 per share)         451.87
12 Reserves excluding revaluation reserves         487.46
13 Basic and diluted EPS. (not to be annualised) 1.97   3.35   2.72
14 Aggregate of non-promoter share holding
- Number of shares
-Percentage of share holding

2205840
49.88
       

Notes:
1) The above results are taken on record by the board of directors at its meeting held on 18/10/2003 at Mumbai.
2) Provision for taxation alongwith Deffrered tax liability / asset will be made at the end of the accounting year.