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 SEPTEMBER 30, 2009
							(Rs. in Lakhs)
Sl.No	Particulars		Quarter Ended		Half Year Ended		Year Ended
			30th Sep' 09	30th Sep' 08	30th Sep' 09	30th Sep' 08	31st Mar' 09
			(Unaudited)		(Unaudited)		(Audited)
	Gross Sales/Income from operations		18,024.38	17,067.52	35,466.23	31,391.13	68,046.95
	Less: Excise Duty		447.04	1,254.39	946.99	1,951.64	3,575.34
1	a. Net Sales/Income from operations		17,577.34	15,813.13	34,519.24	29,439.49	64,471.61
	b. Other Operating Income		13.05	183.06	19.17	183.97	210.18
	c. Total Income		17,590.39	15,996.19	34,538.41	29,623.46	64,681.79
2	Expenditure :
	a. (Increase)/decrease in stock in trade and work in progress		(763.19)	(610.22)	(551.00)	(1,425.28)	246.82
	b. Consumption of Raw Materials		9,330.37	10,420.90	19,627.60	19,619.17	39,775.51
	c. Purchase of traded goods		634.46	-	634.46	-	607.33
	d. Employees cost		626.03	488.67	1,303.53	1,028.47	2,142.75
	e. Depreciation		451.80	400.89	896.53	797.77	1,641.84
	f. Stores and spares		2,157.02	2,236.78	3,852.71	3,755.80	8,026.71
	g. Manufacturing expenses		1,240.95	673.98	1,927.21	1,241.52	2,065.00
	h. Other Expenditure		711.07	565.81	1,290.57	964.70	2,745.53
	i. Total Expenditure		14,388.51	14,176.81	28,981.61	25,982.15	57,251.49
3	Profit from Operations before Other Income, Interest (1-2)		3,201.88	1,819.38	5,556.80	3,641.31	7,430.30
4	Interest  #		851.00	1,335.61	1,693.92	2,225.05	4,607.48
5	Profit from Ordinary Activities before Tax (3-4)		2,350.88	483.77	3,862.88	1,416.26	2,822.82
6	Tax expense		822.81	166.93	1,352.01	486.89	987.53
7	Net Profit from Ordinary Activities after tax for the period (5-6)		1,528.07	316.84	2,510.87	929.37	1,835.29
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		-	-	-	-	8,549.77
	previous accounting year
10	Earnings Per Share (EPS)
	a. Basic and diluted EPS before Extraordinary items for the period, for		3.84	0.80	6.31	2.34	4.62
	the year to date and for the previous year (not to be annualized)
	b. Basic and diluted EPS after Extraordinary items for the period, for		3.84	0.80	6.31	2.34	4.62
	the year to date and for the previous year (not to be annualized)
11	Public Shareholding
	- No. of shares		19963708	20713708	19963708	20713708	19963708
	- Percentage of shareholding		50.21%	52.09%	50.21%	52.09%	50.21%
12	Promoters and promoter group Shareholding
	a) Pledged/Encumbered
	- Number of shares		NIL		NIL		NIL
	- Percentage of shares (as a % of the total shareholding of		NIL		NIL		NIL
	promoter and promoter group)
	- Percentage of shares (as a% of the total share capital of the		NIL		NIL		NIL
	company)
	b) Non-encumbered
	- Number of Shares		19799887		19799887		19799887
	- Percentage of shares (as a% of the total shareholding of		100.00%		100.00%		100.00%
	promoter and promoter group
	- Percentage of shares (as a % of the total share capital of the		49.79%		49.79%		49.79%
	company)
# 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 21st October, 2009.
2	The Company has only "Pipes" as a significant reportable segment.
3	Details of number of investors' complaints for the quarter ended 30th September, 2009:
	Beginning - Nil, Received -7, Disposed off -7, 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 30th September, 2009 in terms of Clause 41 of the Listing Agreement with Stock Exchanges.
					For Lanco Industries Limited
	Place:Chennai				Mayank Kejriwal
	Date :21st October, 2009.				Managing Director