Gandhi

Regd. Off.: 201 -204, Plaza, 2nd

Tel.: 2363 4179 |
E-mail :gstl@m

PART.

pecial Tubes Ltd.

, 55 Hughes Road, Next to Dharam Palace, Mumbai - 4OO 007.
4183 | 2363 5042 o Fax :91-22-2363 4392

net.in

Website:www.gandhitubes.com

rs

FoRTHE QUARTER ENDED 3OTH JUNE, 2014.

3 Months Ended

3 Months Ended

3rl03l2ot4

30l06l2Or3

a) Net Sales/Income from Operations

(Net of excise duty)
b) Other Operating fncome
I Income from Operations (net)
) Cost of materials consumed
) Purchases of stock-in-trade
c) Changes in inventories of finished goods,
work-in-progress and stock-i n-trade
d) Employee benefits expense
e) Depreciation and amortisation expense
f) Power and Fuel

861, 12

875.83

52.01
136.46
L20.49
375.93
3 13.33

(t36.47)
47.09
133.25
352.13
329.66

774.92

(8.70
L45.77
1 10.33
304.31
226.s3

3,L26.70

(182.44)
483.48
493.66
L,227.L8
1,082.08

1,553.16
from Operations before Other Income,
nce costs & Exceptional Items (1-2
Profit from ordinary activities before
finance costs & exceDtional items (3+4
Profit from ordinary activites after finance
but before Exceptional Items (5-6)

ties before tax (7+

x ExDense (Includes Deferred Tax
Net Profit(+)/Loss(-)from Ordinary
Extraordinary Item (net of tax expense

Net Profit (+)

Loss

(-) for the

of profit/(loss) of associates *
Minority interest *

Net Profit/(Loss) after taxes, minority

and share of profit/(loss) of
up Equity Share Capital
Value of Share Rs. 5 each
Reserves Excluding Revaluation
Reserves as per Balance Sheet of
Earnings Per Share (EPS)
(before extraordinary items)
(of < /- each) (not annualised)

Earnings Per Share (EPS)

(after extraordinary items)

(of < /- each) (not annualised)

15,025.76

-ll
UI{AUDITED FINANCIAL RESULTS FOR THE
QUAR,TER ENDED 3OTH JUNE, 2014.
3 l{onths Ended

Sr.
No.

PARTICULARS

( ? In Lacs)

3 Months Ended

30I06l2Or4

3Ll03l20L4

(UNAUDITED}

3 Months Ended
3010612013

(UNAUDITED)

(UNAIJDITEDT

Year Ended

3r/03l2oL4

PARTICULARS OF SI
Public Shareholding

i) Number of shares
ii) Percentage of Sha
srre Prvlrqtcr

39,29,049

39,29,049

39,29,O49

39,29,049

26.730/<

26.73o/o

26,730/o

26,73o/o

gtuup

Shareholding
(a) Pledged/encumbered
i) Number of shares

ii) Percentage of shares (as a

Vo of the
total shareholding of the promorer
and promoter group)

iii) Percentage ot shares ( as a o/o of the

total Share Capital of the comDanv,l
(b) Non-encumbered
l) Number oF shares
li) Percentage of shares (as a o/o of the

r,07,69,567

t,07,69967

r,o7,69,567

r,o7$9,567

100,00o/o

100.00o/o

100,00o/o

100.00o/o

73-270/"

73.27o/o

73.27o/o

total shareholding of the promorer

and promoter group)

lii) Percentage of shares ( as a

o/o

of the

total Share CaDital of the comnanv)

73.270/"

3 months ended (30/06/2014)

a.
Pending at the beginning of the quarter
Received during the quarter
Disposed of during the quarter

NIL
3

Remaining unresolved at the end of the quarter

NIL

REPORTING OF SEGIIENT WISE REVENUE, RESULTS AI{D

CAPITAL ET,IPLOYED FOR THE QUARTER
ENDED 3OTH luNE, 2014.
( ? In Lacs)
3 Months Ended 3 l,lonths Ended 3 l,lonths Ended
Year Ended
PARTICULARS
30l06l2Or4

S..
No,

(UNAUDITED}

30l0612Or3

3rl03l2014

(UNAI,JDTTED}

.AUDITED}

SEGMENT REVENUE

(a) (l). Steel Tubes

(ii).Other products

-ess : Excise DUW

2,320.66
165.80
101.04
2,5A7.5O
76q 6<

rOTAL SEGII,IENT REvENUE

2Br7.A5

2,t29,66

2,200,93

61.80

47.94

63.76

2,256.O5

z,Oat,72

2,L37,L7

4,r40,42

400.54
37.25
63.77

505.27
45.35

521.53

r,862.82
207.04

t7.rs

76.O3
Rq qq

500.96

s67.77

643,51

(?4 nq

on1
567.76

(310.91

994.42

2,913.36

7,300.16
417.98
634.65
7,407.90

5,863.82
361.78
705.24
7.920.93

7,300.16

lb). Wind Power

rOTAL SEGMENT REVENUE

(Net of Exclse Duty)

Less : Inter segment revenue
NET SALES/INCOlrtE FROlrl

OPERATIONS
2

3rl03l2Ot4

(UNAUDITED)
2,t71.54

2,r22.27

152.50
63.12

200.47
133.38

4,267.90
648.98
4n6 qA

2,456.t2

9,323.a6

2,387.16
257.50

2Eq

to
8,352.55

rEGr,tENT RESULTS IPROFTT/(LOSS)

TAX AND TNTEREST]

'EFOR,E
(i). Steel Tubes
[a)
(ii).Other Products
:b). Wind Power
TOTAL SEGMENT RESULTS
Less : Unallocable Expenditure net of other

Income

525.O1
J

CAPITAL

2t0.97
2,28O,83
(632.53)

EITI PLOYED (SEGTiIENT ASSETS

LESS SEGMENT LTABILITIESI

:a) (i). Steel Tubes

(ll).Other Products
'b) Wind Power
c) Unallocated (includino investments)

6,890.81
323.49
597.27

17t

7<

16,132.82

15,760.69

t5,asL77

4t7.98
634.65
7,407.90
|

15,760.69

1) The above results have been revlewed by the Audit committee

and approved by the Board of Directors in their
meeting held on 24 Julv,2014. The statutory Auditors have carried out a limited
review of the quarterty resutts.
2) As perthe requirement ofthe companies Act, 2013, the company
has

computed depreciation with reference to

the useFul life ofrespective assets specined in and in the manner prescribed in
Schedule II ofthe ofthe Act.
consequently, an amount of Rs. 9.89 Lacs has been charged to the opening balance
ofthe retained earnings in
respect of assets whose remaining useful life is NIL as at 1st ADril, 2014,
3). Previous period figures have been regrouped wherever required.

4), The figures for the 3 months ended 31st March, 2014 are the balancing
figures being difference between audited
flgures in respect of the fuil financiar year and the year to date figures upto
the third quarter,

For Gandhi Special Tubes Limited

Place

MUMBAI

Dated :24Jlty,2Ot4

M. G. GANDHI

Chairman

&

Managing Director

s. v. DosHr & co.

Chartered Accountants

e Board

of Directors

Gandhi Special Tubes Lirnited

We have reviewed the accompanying statement of unaudited financial results of

Gandhi Special Tubes Limited for the period ended on 30 lune
disclosures regarding'Public Shareholding-

*d

201.4

except for the

'Promoter and Promoter Group

have not been audited by us" This statement is the responsibility of the Company's
Management and has been approved by the Board of Directors. Our responsibility is
to issue report on these financial statements based on our review.

We conducted our review in accordance with Standard on Review Engagement

(SRE) 2400, Engagements to Reoiezo Financial Statements issued

by the Ins te of

Chartered Accountants of India. This standard requires that we plan and perform the

review to obtain moderate assurance as to whether the financial statements are free

of material misstatement. A review is limited primarily to inquiries of Company

personnel and analytical procedures applied to financial data and thus provide less
assurance than an audit. We have not performed an audit and accord^gly, we do

not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that
causes us to believe that the accompanying statement of unaudited financial results

prepared

in

accordance

with the applicable accounting standards and

recognised accounting practices and policies

has t

other

disclosed the information

required to be disclosed in terms of clause 4L of the Listing Agreement including the

manner in which it is to be disclosed, or that it contains any material rnisstatement.

For S.V. Doshi & Co"

I
I

).12
du
Sunil Doshi
(Fartrer)

^l

M. No.:35037
Mumbai, 24JuIy 201,4
Firm Reg. No.: 102752W

602-E, Neelkanth, 98, Marine Drive, Mumbai

4OO

002. Tel,: 2204936'l

, 62. Fax: 22049363 E-mait:

svdco@svdoshi.com