LANCO INDUSTRIES LIMITED
	Regd. Office & Works: Rachagunneri-517641
	Srikalahasthi Mandal, Chittoor District, Andhra Pradesh
	website: www.lancoindustries.com
	UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2008
								(Rs. in Lakhs)
	Sl.No	Particulars		Quarter Ended		Nine Months Ended		Year Ended
				31st Dec' 08	31st Dec' 07	31st Dec' 08	31st Dec' 07	31st Mar' 08
				(Unaudited)		(Unaudited)		(Audited)
		Gross Sales/Income from operations		18,346.84	14,224.21	49,737.97	34,977.82	49,472.02
		Less: Excise Duty		1,005.86	1,194.84	2,957.50	2,304.03	3,106.39
	1	a. Net Sales/Income from operations		17,340.98	13,029.37	46,780.47	32,673.79	46,365.63
		b. Other Operating Income		28.40	8.60	212.37	27.26	93.21
		c. Total Income		17,369.38	13,037.97	46,992.84	32,701.05	46,458.84
	2	Expenditure :
		a. (Increase)/decrease in stock in trade
		and work in progress		872.96	(606.14)	(552.32)	(243.26)	(14.16)
		b. Consumption of Raw Materials		9,465.56	7,010.91	29,084.73	17,481.43	24,779.93
		c. Purchase of traded goods		568.21	328.83	568.21	328.83	659.16
		d. Employees cost		539.96	430.85	1,568.43	1,263.81	1,862.53
		e. Depreciation		401.90	389.55	1,199.67	1,111.79	1,512.99
		f. Stores and spares		2,438.50	1,956.69	6,194.30	5,256.07	7,107.49
		g. Manufacturing expenses		755.47	631.80	1,996.99	1,586.79	1,767.31
		h. Other Expenditure		381.10	686.93	1,345.80	1,640.56	2,479.56
		i. Total Expenditure		15,423.66	10,829.42	41,405.81	28,426.02	40,154.81
	3	Profit from Operations before Other Income, Interest (1-2)		1,945.72	2,208.55	5,587.03	4,275.03	6,304.03
	4	Interest  #		1,346.37	981.74	3,571.42	1,636.42	2,302.59
	5	Profit from Ordinary Activities before Tax (3-4)		599.35	1,226.81	2,015.61	2,638.61	4,001.44
	6	Tax expense :
		- Current		67.91	138.99	228.37	298.95	453.41
		- MAT credit entitlement		(67.91)	(138.99)	(228.37)	(298.95)	(453.41)
		- Deferred		203.73	416.99	685.11	896.86	1,392.16
		- Fringe benefit tax		4.46	4.00	9.96	9.23	17.54
	7	Net Profit from Ordinary Activities after tax for the period (5-6)		391.16	805.82	1,320.54	1,732.52	2,591.74
	8	Paid-up equity share capital (Face Value Rs.10/- per Share)		3,976.36	3,976.36	3,976.36	3,976.36	3,976.36
	9	Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year		-	-	-	-	7,179.70
	10	Earnings Per Share (EPS)
		a. Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualized)		0.98	2.03	3.32	4.36	6.52
		b. Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualized)		0.98	2.03	3.32	4.36	6.52
	11	Public Shareholding
		- No. of shares		20346233	19963656	20346233	19963656	21333708
		- Percentage of shareholding		51.17%	50.21%	51.17%	50.21%	53.65%
	# Interest includes exchange fluctuation on foreign currency borrowings / transactions.
	Notes:-
	1	The above results were reviewed by the Audit Committee and  taken on record by the Board of Directors in their meeting held on 23rd January, 2009.
	2	The Company has only "Pipes" as a significant reportable segment.
	3	Details of number of investors' complaints for the quarter ended 31st December, 2008:
		Beginning - Nil, Received -18, Disposed off -18, and Pending - Nil.
	4	Figures of the previous period/year have been regrouped wherever necessary.
	5	The Auditors of the Company have carried out a Limited Review of the aforesaid financial results for the quarter ended 31st December, 2008 in terms of Clause 41 of the Listing Agreement with Stock Exchanges.
						For Lanco Industries Limited
		Place:Chennai				Mayank Kejriwal
		Date :23rd January, 2009.				Managing Director
									30th June Quarter
									Other than Promoters (ECL)
									Shares: 21333708
									% : 53.65
									SHECESS
									263533
									344296
									333924
									941753