ORIENTAL CARBON & CHEMICALS LTD.
(Regd. Office : 31, Netaji Subhash Road, Kolkata - 700 001)

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER  ENDED 30TH JUNE, 2007

     (Rs. In Lacs)

Particulars

 Quarter ended Financial year ended
30.06.2007
(Reviewed)		 30.06.200
(Reviewed)		 31.03.2007
(Audited)
1.  Sales (Net of Excise)/Income from Operations

2.  Other Income

3.  Total Revenue (1+2)

4.  Total Expenditure
     a) (Increase)/Decrease in Stock in trade
     b) Consumption of Raw Materials
     c) Staff Cost
     d) Other Expenses

5.  Profit before Interest, Depreciation & Tax

6.  Interest (Net)

7.  Depreciation

8.  Profit/(Loss) before Tax (3-4-6-7)

9.  Provision for Taxation - Current Tax (includes fringe benefit tax)

10. Taxation adjustments in respect of earlier years (Net)

11. Provision for Deferred Tax - Current year

12. Net Profit/(Loss)

13. Paid-up Equity Share Capital (Face Value Rs. 10/- each)

14. Reserves Excluding Revaluation Reserve
(as per last Audited Balance Sheet)

15. Basic and Diluted EPS

16. Aggregate of Non-promoter share holding :
      Number of shares
      Percentage of share holding

 1767.8

19.32

1787.12

1581.79
232.07
488.92
177.30
683.50

205.33

73.84

107.85

23.64

4.30

-   

9.30

10.04

917.63

 


0.11

 1763.88

30.20

1794.08

1454.92
46.64
566.67
162.13
679.58

339.16

63.80

109.92

165.44

10.03

-   

(11.79)

167.20

917.28

 


1.83

 

6445.52

162.92

6608.44

5445.76
(280.34)
2183.48
671.30
2871.32

1162.68

241.08

437.19

484.41

50.22

122.99

21.72

289.48

917.63

4707.43


3.16


4777602
52.15%

 

Segment wise Revenue, Results and Capital Employed, under clause 41 of the listing agreement

Particulars Quarter ended

Financial Year ended
30.06.2007
(Reviewed)		 30.06.2006
(Reviewed)		 31.03.2007
(Audited)
1.  Segment Revenue
     a) Chemicals
     b) Insoluble Sulphur
     Total Revenue
     Less : Inter Segment Revenue
     Net Revenue

2.  Segment Results
     (Profit(+)Loss(-) before Tax and Interest)
     a) Chemicals
     b) Insoluble Sulphur
     Total

     Less : Interest (Net)
     Total Profit before Tax

3.  Capital Employed
     (Segment Assets - Segment Liabilities)
     a) Chemicals
     b) Insoluble Sulphur
     
     Total
261.74
           1567.83
1829.57
                42.45
            1787.12

 

30.92
           _ _66.56
97.48

                73.84
            __23.64



451.97
6997.30
           _______
7449.27
304.49
            1559.92
1864.41
              70.33
           1794.08

 

24.28
  _          204.96
229.24

              63.80
             165.44



336.71
7090.58
        _______   
7427.29
970.60
            5816.60
6787.20
              178.76
            6608.44

 

(3.95)
              729.44
725.49

              241.08
              484.41



475.98
7426.42
            ______
7902.40

Notes :

  1. Previous year's figures have been regrouped wherever necessary.

  2. Regarding the observations of the Auditors in their report for the year ended 31st March, 2007, the position regarding loans, advances and deposits continues to be the same for the reasons stated in the relevant Notes to Accounts.

  3. Impact of the revised Accounting Standard (AS-15) "Employee benefits" shall e accounted for at the year end based on the actuarial valuation in this regard.

  4. The Profitability of the Company is adversely affected by appreciation of the Rupee as the Sales Price of Insoluble Sulphur, it's main product, is based on global trends both in export and domestic markets.

  5. No investor's complaint was received during the quarter and no complaint was pending at the beginning and end of the quarter.

  6. During the Quarter the company issued 14,35,000 convertible warrants on preferential basis to promoter & promoter group in accordance with the "Guidelines for Preferential Issues" contained in Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 ("The Guidelines") against which a sum of Rs. 4758460/- was received equivalent to 10% of the issue price as subscription to the warrants.

  7. The above results were reviewed by the Audit Sub-Committee and taken on record by the board of directors in its meeting held on 27th July, 2007 and have been subjected to limited review by the Auditors of the Company.

By Order of the Board

 

Place : KOLKATA                                                                                                  (H. C. Taneja)
Date : 27th July, 2007                                                                                   Whole Time Director