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| Exchange Disseminated Time | With reference to the earlier announcement dated July 01, 2008 regarding "Shree Precoated announces Consolidated FY 08 results", Shree Precoated Steels Ltd has now informed BSE that since Jolly Brothers Pvt. Ltd. Company, a wholly owned of the Company, yet to commence the operation and no separate Profit & Loss account is prepared. Therefore the above consolidated result be treated as a stand alone also.
The figures for the Standalone Audited results & Consolidated for the year ended March 31, 2008 are reproduced below:
The Group has posted a net profit of Rs 2455.20 million for the year ended March 31, 2008 as compared to Rs 2102.90 million for the year ended March 31, 2007. Total Income has increased from Rs 16787.20 million for the year ended March 31, 2007 to Rs 19641.00 million for the year ended March 31, 2008. |
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