CHEVIOT INTERNATIONAL LIMITED
Regd. Office : B-19/2 Okhla Industrial Area, Phase II, New Delhi - 110 020  

AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31 ST MARCH, 2010
(Rs. In Lacs)
Particulars Current accounting year ended 31/3/2010
(Audited)

Previous accounting
year ended 31/3/2009
(Audited)

 1

a) Net Sales / Income from operations

1,753.23 1,792.28

 

b) Other Operating Income

175.76 193.95
 
c) Total
1,928.99 1,986.23
2

Expenditure

a. ( Increase ) / decrease in stock in trade

15.16 44.77

b. Consumption of raw materials
598.79 617.41
 
c. Purchase of traded goods
210.45 217.29
 
d. Employees cost
123.22 151.53
 
e. Depreciation (Net)
24.39 28.40
 
f. Job work & conversion expenses
340.22 314.05
 
g. Other expenditure
331.01 413.72
 
h.Total
1,612.92 1,787.17
3 Profit from operations before other
Income, Interest and Exceptional items (1-2)
316.07 199.06
4 Other Income 314.63 129.14
5 Profit before interest and exceptional items (3+4) 630.70 328.20
6
Interest
-  
7 Profit after interest but before exceptional items (5-6) 630.70 328.20
8
Exceptional items
-
-
9
Profit from Ordinary Activities before tax (7+8)
630.70 328.20
10
Tax expense
a. Current Tax
172.70 129.26
b. Deferred Tax
(0.59) (0.07)
c. Fringe Benefit Tax
- 2.82
 
d. Total
172.11 132.01
11
Net Profit from Ordinary Activities after tax (9-10)
458.59 196.19
12
Extraordinary items
-
-
13
Net Profit for the period (11-12)
458.59 196.19
14
Paid-up Equity Share Capital ( Face value - Rs. 10/ = per share)
72.15
72.15
15
Reserves excluding Revaluation Reserves
2,686.31 2,311.40
16
Earnings Per Share (EPS)
 
a) Basic and diluted EPS before extraordinary items
63.56 27.19
  b) Basic and diluted EPS after extraordinary items 63.56 27.19
17
Public Shareholding
 
- Number of shares
Nil
Nil
 
- Percentage of shareholding
Nil
Nil
18 Promoters and promoter group Shareholdings    
  a) Pledged/Encumbered Nil Nil
  - Number of shares Nil Nil
  - Percentage of shares (as a % of the total
shareholding of promoter and promoter group)
Nil Nil
  - Percentage of shares (as a % of the total
share capital of the Company)
Nil Nil
  b) Non-Encumbered    
  - Number of shares 721,488 721,488
  - Percentage of shares (as a % of the total
shareholding of promoter and promoter group)
100% 100%
  - Percentage of shares (as a % of the total
share capital of the Company)
100% 100%

Notes:

1 The Board of Directors have recommended a dividend @ 100% i.e Rs. 10/- per share on 7,21,488 equity share of the face value of Rs. 10/- each amounting to Rs. 72.15 Lacs for the year ended 31st March,2010 subject to approval of the members at the forthcoming Annual General Meeting.

2 Consequent to option exercised by members pursuant to scheme of amalgamation,entire share capital of the Company is held by Promoters. Hence,approval for delisting of securities w.e.f 30.10.2003 has been received from U.P.Stock Exchange Association Limited but approval from Calcutta Stock Exchange Association Limited is still awaited.

3 There were no complaints/queries from investors outstanding at the beginning of the year or received during the quarter 30st March,2010

4 As Company's business activity falls within a single primary business segment viz. Leather goods, the disclosure requirements of Accounting standard-AS-17"Segment Reporting" issued by the institute of Chartered Accountant of India are not applicable.

5 Previous year figures have been re-grouped/re-cast to confirm to the current year presentation.

6 The above results were approved by the Board of Directors at their meeting held on 12th May,2010

 
By order of the Board
For Cheviot International Limited
   
Place : New Delhi
Dated :12th May,2010
Malati Kanoria
Managing Director

SHAREHOLDING PATTERN AS ON 31st MARCH, 2010

Category

No. of Shares

%

Mr. Harsh Vardhan Kanoria

365800 50.7008

Mrs. Malati Kanoria

353888
49.0497

Mrs. Ishita Mohatta

1550
0.2148

Cheviot Agro Industries Ltd

20
0.0028

Cheviot Company Limited

20
0.0028

Abhyadoot Finance & Investments Private Limited

200
0.0277

Elite (India) Private Limited

10
0.0014

Total

721488
100.0000

 

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