SIEL Ld - Final Results,etc
07 Février 2000 - 9:16AM
UK Regulatory
RNS Number:0386F
SIEL Ltd
4 February 2000
To: Company Announcements
We wish to inform you that the Board of Directors in its meeting held on
31.1.2000 has approved the Audited Accounts of the Company for the year ended
30th September 1999.
The operations summary for the year under review is given below:
PARTICULARS YEAR ENDED YEAR ENDED
30.9.1999 30.9.1998
(Rs/Millions) (Rs/Millions)
Total Turnover (Net) 4918.35 4990.35
Gross Profit before
depreciation and tax (-)117.97 323.07
Depreciation 170.42 104.58
Profit before tax (-)288.39 218.49
Tax Provisions - 55.50
Net Profit (-)288.39 162.99
Adjustment relating to
an earlier year 45.50 -
Surplus in P&L
A/c brought forward 176.51 111.51
Investment Allowance
Reserve Written back 1.05 -
Debenture Redemption
Reserve written back - 9.33
Transfer from General Reserve 65.33 -
Dividends - -
Transfer to Debenture
Redemption Reserve - 107.32
Surplus in P&L A/C
carried forward - 176.51
The Annual General Meeting shall be held on Wednesday, the 22nd March, 2000 at
New Delhi.
P.K. Bhalla
Sr. Vice President &
Company Secretary
END
FR ILFLSFVISIII
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