

Voith Paper						VOITH
VOITH PAPER FABRICS INDIA LIMITED
Registered Office: 113/114-A, Sector -24, Faridabad - 121005, Haryana

UNAUDITED FINANCIAL RESULTS FOR THE
QUARTER ENDED ON DECEMBER 31, 2009 AND YEAR TO DATE RESULTS FOR THE YEAR ENDED MARCH 31, 2010
						(Rs. in Lacs)
SI.No.	Particulars	Three months ended 31/03/2010 for the current year	Corresponding three months ended 31/03/2009 in the previous year	Year to date figures for the current year ended 31/03/2010	Year to date figures for the previous year ended 31/03/2009	Previous accounting year ended 30/09/2009
SI.No.	Particulars	Unaudited (Reviewed)	Audited	Unaudited	Unaudited	Audited
1	(a) Net Sales/Income from operations	1,290.37	1,158.66	2,574.48	2,442.26	4,718.98
	(b) Other Operating Income	37.45	17.09	50.37	55.53	76.11	38.44
	Total Income	1,327.82	1,175.75	2,624.85	2,497.79	4,795.09	1322.04
2	Expenditure
	a.(Increase) / Decrease in Stock in Trade and Work in Progress	108.71	(124.81)	139.04	(183.63)	(134.86)
	b. Consumption of Raw Materials	297.34	312.67	639.77	660.04	1,296.86
	c. Purchase of Traded Goods	-	-	-	-	-
	d. Employees Cost	260.64	279.58	524.11	634.87	1,006.46
	e. Depreciation	69.53	74.15	140.12	146.00	303.90
	g. Other Expenditure	350.77	370.45	759.70	849.69 [1]	1,589.29	340.31
	Total	1,086.99	912.04	2,202.74	2,106.97	4,061.65
3	Profit from Operations before Other Income, Interest and Exceptional Items (1-2)	240.83	263.71	422.11	390.82	733.44	127.1
4	Other Income	101.39	92.03	180.15	166.06	365.72
5	Profit before Interest and Exceptional Items (3+4)	342.22	355.74	602.26	556.88	1,099.16	201.13	u
6	Interest	0.02	-	0.02	0.04	1.06	0.04
7	Profit after Interest but before Exceptional Items (5-6)	342.20	355.74	602.24	556.84	1,098.10	201.09
8	Exceptional Items	-	-	-	-	-
9	Profit (+) / Loss (-) from Ordinary Activities before Tax (7+8)	342.20	355.74	602.24	556.84	1,098.10	201.09	un
10	Tax Expenses	118.02	181.11	205.24	269.00	386.81	87.89
11	Net Profit (+) / Loss (-) from Ordinary Activities after Tax (9-10)	224.18	174.63	397.00	287.84	711.29	113.20
12	Extraordinary Items	-	-	-		-
13	Net Profit (+) / Loss (-) for the period (11-12)	224.18	174.63	397.00	287.84	711.29	113.20
14	Paid-up Equity Share Capital (Face Value Rs. 10/- each)	439.26	439.26	439.26	439.26	439.26
15	Reserves Excluding Revaluation Reserves as per Balance Sheet of Previous Accounting Year					8,424.53
16	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)	5.10	3.98	9.04	6.55	16.19
	(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)	5.10	3.98	9.04	6.55	16.19
17	Public Shareholding :
	- Number of Shares	1,140,141	1,140,141	1,140,141	1,140,141	1,140,141
	- Percentage of Shareholding	25.96%	25.96%	25.96%	25.96%	25.96%
18	Promoters and Promoter Group Shareholding **
	(a) Pledged / Encumbered	-	-	-	-	-
	- Number of Shares	-	-	-	-	-
	- Percentage of shares (as a % of the total shareholding of promoter and Promoter Group)	-	-	-	-	-
	- Percentage of shares (as a % of the total share capital of company)	-	-	-	-	-
	(b) Non - encumbered	-	-	-	-	-
	- Number of Shares	3,252,418	3,252,418	3,252,418	3,252,418	3,252,418		un
	- Percentage of shares (as a % of the total shareholding of promoter and Promoter Group)	100%	100%	100%	100%	100%
	- Percentage of shares (as a % of the total share capital of company)	74.04%	74.04%	74.04%	74.04%	74.04%

Notes:								un
1. The above financial results were approved and taken on record by the Board of Directors at their meeting held on April 27, 2010.
2. The Company is mainly in the business of manufacturing and selling of felts. Hence, there is no separate reportable segment as per Accounting Standard 17, issued by the Institute of Chartered Accountants of India.
3. No investor's complaint was pending as at 31st December, 2009. Eight complaints were received and disposed off during the quarter. No investor complaint was pending as at 31st March, 2010.
4. Other Expenditure for the quarter ended March 31, 2009 and previous year ended September 30, 2009 includes a prior period gratuity expense of Rs. 23.20 lacs on which the deffered tax credit of Rs. 7.88 lacs netted off from tax expenses.								u
5. Previous year / period figures have been regrouped / rearranged, wherever considered necessary, to conform to the current period classification.
6. Tax includes Current Tax, Deferred Tax and Fringe Benefit Tax
7. Statutory auditors have carried out limited review on above results for the quarter ended March 31, 2010.
8. Statement of Assets and Liabilities, pursuant to Clause 41(V)(h) of the Listing Agreement is given hereunder.								u

	Particulars		6 months ended at 31/03/2010	Corresponding 6 months in the previous year as at 31/03/2009
			Unaudited (Reviewed)	Audited
	Shareholder's Funds:
	(a) Capital		439.26	439.26
	(b) Reserves and Surplus		8,821.54	8,206.65
	Loan Funds		-	-
	Deferred Tax Liabilities		140.16	182.33
	Total :		9,400.96	8,828.24

	Fixed Assets		2,585.83	2,857.66
	Investments		-	-
	Current Assets, Loans and Advances:
	(a) Inventories		928.51	1,323.29
	(b) Sundry Debtors		1,207.94	1,105.51
	(c) Cash and Bank Balances		4,968.96	3,549.92
	(d) Other Current Assets		213.36	169.87
	(e) Loans and Advances		310.81	583.61
	Less: Current Liabilities and Provisions
	(a) Liabilities		588.60	469.53
	(b) Provisions		225.85	292.09
	Miscellaneous Expenditure (Not Written Off or Adjusted)		-	-
	Profit and Loss Account
	Total :		9,400.96	8,828.24


					For Voith Paper Fabrics India Limited


Place : New Delhi						Chandra Sekhar Panigrahi
Dated : April 27, 2010						Director