| CINEVISTAAS LIMITED | |||||||
| Regd. Office: Plot No.1, L.B.S. Marg, Gandhi Nagar, Kanjurmarg(W),Mumbai-400078 | |||||||
| Audited Financial Results for the Quarter ended on 31st March, 2011 | |||||||
| Rs. In Lacs | |||||||
| Standalone | Consolidated | ||||||
| 3 Months | 3 Months | Year to date | Year to date | Results | Results | ||
| Particuars | Ended | Ended | figures for | figures for | for the | for the | |
| 31-Mar-11 | 31-Mar-10 | current period | current period | Financial year | Financial year | ||
| Ended | Ended | ended | ended | ||||
| Audited | Audited | 31.03.2011 | 31.03.2010 | 31.03.2011 | 31.03.2010 | ||
| 1 | Net Sales / Income from Operations | 464.59 | 1,047.22 | 3,494.30 | 4,737.22 | 3,684.68 | 4,905.20 |
| 2 | Expenditure | ||||||
| a. Increase / decrease in stock | |||||||
| in trade and work in progress | - | - | - | - | - | - | |
| b. Consumtion of raw materials | - | - | - | - | - | - | |
| c. Cost of production | 418.47 | 614.84 | 2,491.56 | 3,067.07 | 2,600.54 | 3,189.15 | |
| d. Service Tax | 57.24 | 106.23 | 342.33 | 526.35 | 342.33 | 526.35 | |
| e. Employees cost | 32.30 | 40.89 | 149.16 | 154.44 | 156.76 | 183.94 | |
| f. Depreciation | 46.03 | 44.02 | 173.94 | 166.92 | 177.69 | 172.74 | |
| g. Other expenditure | 103.46 | 199.02 | 405.64 | 524.62 | 456.24 | 563.97 | |
| h. Total | 657.50 | 1,005.00 | 3,562.63 | 4,439.40 | 3,733.56 | 4,636.15 | |
| 3 | Profit from Operations before Interest & | ||||||
| Exceptional Items. | (192.91) | 42.21 | (68.33) | 297.82 | (48.88) | 269.05 | |
| 4 | Other Income | 53.52 | 16.68 | 81.41 | 57.35 | 82.49 | 59.64 |
| 5 | Profit from Operations before Interest & | ||||||
| Exceptional Items. | (139.39) | 58.90 | 13.08 | 355.17 | 33.61 | 328.69 | |
| 6 | Interest | 69.22 | 51.57 | 239.74 | 257.89 | 239.74 | 257.89 |
| 7 | Profit after Interest but before Excep- | ||||||
| tional Items. | (208.61) | 7.33 | (226.66) | 97.28 | (206.13) | 70.80 | |
| 8 | Exceptional items | - | - | - | |||
| 9 | Profit (+) / Loss (-) from Ordinary | ||||||
| Activities before tax . | (208.61) | 7.33 | (226.66) | 97.28 | (206.13) | 70.80 | |
| 10 | Tax expense | ||||||
| a.Deffered Tax Liability | 0.71 | 0.20 | 0.90 | 22.20 | 0.90 | (25.51) | |
| b.Current Tax | (14.80) | - | (14.80) | - | (14.80) | ||
| c.Deffered Tax Asset | - | (7.49) | - | (68.45) | - | - | |
| d.Fringe Benefit Tax | - | - | - | (1.23) | - | (1.23) | |
| e.Wealth Tax | (0.86) | (1.49) | (0.58) | (1.49) | (0.58) | (1.49) | |
| f. Income Tax Provision W/Off | - | - | - | - | - | - | |
| g.Income Tax for earlier years | (73.51) | (73.51) | - | (73.51) | - | ||
| 11 | Prior Period Exp. | - | - | (0.37) | - | (1.38) | - |
| 12 | Net Profit (+) / Loss (-) from | (282.27) | (16.25) | (300.22) | 33.51 | (280.70) | 27.77 |
| Ordinary Activities after tax (9 - 10 - 11) | |||||||
| 13 | Extraordinary Items | - | - | - | |||
| (net of tax expense Rs. Nil ) | |||||||
| 14 | Net Profit (+) / Loss (-) for | ||||||
| the period (9-10-11) | (282.27) | (16.25) | (300.22) | 33.51 | (280.70) | 27.77 | |
| 15 | Paid -up equity share capital | ||||||
| (Face Value - Rs. 2/- each ) w.e.f. | |||||||
| January, 2008. | 1148.73 | 1148.73 | 1148.73 | 1148.73 | 1148.73 | 1148.73 | |
| 16 | Reserves excluding Revaluation | ||||||
| Reserves as per balance sheet | |||||||
| of previous accounting year | 5,635.12 | 5,935.33 | 5,635.12 | 5,935.33 | 5,322.48 | 5,603.18 | |
| 17 | Earning 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) | - | - | (0.52) | 0.06 | - | - | |
| 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) | - | - | (0.52) | 0.06 | - | - | |
| 18 | Public shareholding | ||||||
| - Number of shares | 18602695 | 18502695 | 18602695 | 18502695 | |||
| - Percentage of shareholding | 32.39% | 32.21% | 32.39% | 32.21% | |||
| 19 | Promotors and promoter group | ||||||
| shareholding | |||||||
| (a) Pledged/Encumbered: | |||||||
| - No.of Shares | Nil | Nil | Nil | Nil | |||
| - Percentage of shares (as a% of the | Nil | Nil | Nil | Nil | |||
| total shareholding of promoter and | |||||||
| promoter group) | |||||||
| - Percentage of shares (as a% of the | Nil | Nil | Nil | Nil | |||
| total share capital of the Company. | |||||||
| (b) Non-encumbered. | |||||||
| - No.of Shares | 38833780 | 38933780 | 38833780 | 38933780 | |||
| - Percentage of shares (as a% of the | 100% | 100% | 100% | 100% | |||
| total shareholding of promoter and | |||||||
| promoter group) | |||||||
| - Percentage of shares (as a% of the | 67.61% | 67.79% | 67.61% | 67.79% | |||
| total share capital of the Company. | |||||||
| Notes: | |||||||
| 1. The Audited financial results are given as per the requirements of clause 41 of the Listing Agreement. | |||||||
| 2. The Auditied financial results for the quarter ended March 31, 2011 have been reviewed by the audit committee and approved by the | |||||||
| Board at its meeting held on 30-05-2011. | |||||||
| 3. Since there is only one primary reportable segment, the disclosure requirement of Accounting Standard AS-17 on segment reporting | |||||||
| is not provided. | |||||||
| 4. Information on Investor complaints pursuant to clause 41 of the listing agreement for the quarter ended March, 2011. | |||||||
| Beginning: 0 Received: 0 Resolved: 0 and Pending: 0 | |||||||
| 5. Previous year's/period's figures have been regrouped/reclassified wherever necessary. | |||||||
| FOR SARATH & ASSOCIATES | For CINEVISTAAS LIMITED | ||||||
| Chartered Accountants | |||||||
| CA. R. Lakshmi Rao | SUNIL MEHTA | ||||||
| (Partner) | (Managing Director) | ||||||
| Place: Mumbai | |||||||
| Date : 30.05.2011 | |||||||