Industrial Rubber Products,Rubber Products India,Rubber Products Exporter

THE BOMBAY BURMAH TRADING CORPORATION, LIMITED

Registered Office : 9, Wallace Street, Fort, Mumbai 400 001

UNAUDITED FINANCIAL RESULTS FOR THREE MONTHS ENDED 31ST December, 2007

Rupees in Lakhs

			Three	Corresponding	Year to	Corresponding	Previous
			Months	Three	date from	Year to date	Accounting
			ended	Months	1st April,	from 1st April	Year ended
			31st	ended 31st	2007 to	2006 to	31st
			December,	December,	31st December,	31st December,	March
			2007	2006	2007	2006	2007
			Unaudited	Unaudited	Unaudited	Unaudited	Audited

1.	Net Sales / Income		5,684.20	4,912.42	16,477.21	14,926.39	20,446.00
	from Operations

2.	Other Income		442.13	348.29	1,648.33	1,174.96	1,966.00

3.	Total Income (1+2)		6,126.33	5,260.71	18,125.54	16,101.35	22,412.00

4.	Total Expenditure
	a)	(Increase) / Decrease in stock
		in trade and work in progress	49.62	(316.95)	428.74	252.13	(42.00)
	b)	Consumption of raw
		materials	2,274.94	2,217.82	6,655.82	5,610.76	7,092.00
	c)	Purchase of traded goods	356.08	241.33	1,092.49	842.03	1,478.00
	d)	Employees cost	984.88	988.16	2,715.69	2,939.73	4,167.00
	e)	Depreciation	202.65	137.71	536.36	342.03	524.00
	f)	Other Expenditure	1,675.87	1,540.49	4,666.98	4,561.49	6,746.00
	g)	Total	5,544.04	4,808.56	16,096.08	14,548.17	19,965.00
		(Any item exceeding 10% of the total
		expenditure to be shown separately).

5.	Interest		526.89	305.25	1,455.31	901.28	1,095.00

6.	Exceptional Items		79.48	82.26	252.49	82.26	-

7.	Profit / (Loss) from Ordinary		134.88	229.16	826.64	734.16	1,352.00
	Activities before tax (3) - (4+5+6)

8.	Tax expense		38.00	22.00	125.00	68.00	170.00

9.	Net Profit / (Loss) from Ordinary		96.88	207.16	701.64	666.16	1,182.00
	Activities after tax (7-8)

10.	Extraordinary items (net of tax		-	-	-	-	-
	expense)

11.	Net Profit / (Loss) for the period (9-10)		96.88	207.16	701.64	666.16	1,182.00

12.	Paid-up equity share capital (Face		1,395.00	1,395.00	1,395.00	1,395.00	1,395.00
	value of the Share - Rs.10/-)

13.	Reserves excluding Revaluation		-	-	-	-	6,254.00
	Reserves as per balance sheet of
	previous accounting year

14.	Earnings Per Share
	a)	Basic and diluted EPS before	0.69	1.49	5.03	4.78	8.47
		Extraordinary items for the period,
		for the year to date and for the
		previous year (not to be annualised)
	b)	Basic and diluted EPS after	0.69	1.49	5.03	4.78	8.47
		Extraordinary items for the period,
		for the year to date and for the
		previous year (not to be annualised)

15.	Public shareholding
	-	No. of Shares	5,018,231	5,018,231	5,018,231	5,018,231	5,018,231
	-	Percentage of Shareholding	35.96	35.96	35.96	35.96	35.96

Segmentwise Revenue,
Results and Capital Employed:

Rupees in Lakhs

			Three	Corresponding	Year to	Corresponding	Previous
			Months	Three	date from	Year to date	Accounting
			ended	Months	1st April,	from 1st April	Year ended
			31st	ended 31st	2007 to	2006 to	31st
			December,	December,	31st December,	31st December,	March
			2007	2006	2007	2006	2007
			Unaudited	Unaudited	Unaudited	Unaudited	Audited

1.	Segment Revenue:

	a)	Plantations	1,473.57	1,337.06	4,789.79	4,657.36	6,564.00
	b)	Building Products	2,123.59	1,588.19	5,996.92	4,585.00	6,254.00
	c)	Auto Ancillary	1,718.04	1,713.80	4,905.75	4,942.80	6,757.00
	d)	Investments	179.36	182.17	821.51	715.65	922.00
	e)	Healthcare	388.84	279.47	843.64	719.13	987.00
	f)	Unallocated	242.93	160.02	767.93	481.41	928.00
	Total		6,126.33	5,260.71	18,125.54	16,101.35	22,412.00
	Less : Inter Segment Revenue		-	-	-	-	-
	Net Sales / Income from		6,126.33	5,260.71	18,125.54	16,101.35	22,412.00
	Operations

2.	Segment Results:

	a)	Plantations	(41.46)	106.18	(46.41)	327.25	532.00
	b)	Building Products	195.81	72.88	516.76	190.40	182.00
	c)	Auto Ancillary	250.36	222.34	666.77	578.03	798.00
	d)	Investments	179.36	182.17	792.11	715.65	922.00
	e)	Healthcare	93.46	48.01	172.56	135.42	165.00
	f)	Unallocated	(15.76)	(97.17)	180.16	(311.31)	(152.00)
	Total		661.77	534.41	2,281.95	1,635.44	2,447.00
	Less : i) Interest		(526.89)	(305.25)	(1,455.31)	(901.28)	(1,095.00)
	ii) Other Un-allocable
	expenditure net off		-	-	-	-	-
	iii) Un-allocable income		-	-	-	-	-
	Total Profit / (Loss) before Tax		134.88	229.16	826.64	734.16	1,352.00

3.	Capital Employed:
	(Segment Assets -
	Segment Liabilities)

	a)	Plantations	5,842.45	5,582.45	5,842.45	5,582.45	6,312.00
	b)	Building Products	5,262.48	4,689.98	5,262.48	4,689.98	5,265.00
	c)	Auto Ancillary	4,815.27	4,435.10	4,815.27	4,435.10	4,521.00
	d)	Investments	14,506.67	12,049.07	14,506.67	12,049.07	12,662.00
	e)	Healthcare	730.49	456.76	730.49	456.76	584.00
	f)	Unallocated	1,224.01	1,330.93	1,224.01	1,330.93	2,826.00
		Total :	32,381.37	28,544.29	32,381.37	28,544.29	32,170.00

Notes:

1.	The above results have been reviewed by the Audit Committee and approved by the Board at the BoardMeeting held on 28th January, 2008.


2.	Coffee Season commences from the month of November. Expenditure aggregating to Rs.297.52 lakhsincurred upto December, 2007 (For the quarter ended December, 2007 Rs.13.46 lakhs) in respect ofcoffee estate was carried forward, after absorbing Rs.234.96 lakhs for the period ended December, 2007(Rs.149.47 lakhs for the quarter ended December, 2007) on arrival of crop.




3	The exceptional items include :i)Exchange gain on reinstatement of Foreign Currency Loan for the Current quarter Rs.79.48 lakhsand that for the year to date is Rs.698.89 lakhs.The Corporation has restated Foreign Currency Loan as at the end of the quarter as against BalanceSheet date in line with the Accounting Standard 11 "The effect of changes in Foreign ExchangeRates" issued by the Institute of Chartered Accountants of India and the impact on net profit isfavourable as shown herein.





	ii)Expenditure incurred on Voluntary Retirement Scheme (VRS) for the Current Quarter is Rs. Nil andthat for the year to date is Rs.417.00 lakhs. The said amount of Rs.417.00 lakhs, charged off in thefirst quarter, represents1/3rd of the total amount paid as VRS which will be charged over 3 years inequal annual instalments. Had the same been charged on prorata basis, the charge for the quarter and for the period till 31st December, 2007 would have been Rs.104.25 lakhs and Rs.312.75 lakhs respectively.



	iii)Loss of Rs.29.40 lakhs due to reduction in share capital of one of the investee companies as perrehabilitation scheme under BIFR order.


4	Interest costs for the 9 months ended December, 2007 includes an amount of Rs.99 Lakhs being prior period expense.


5.	There were no Investor complaints pending at the beginning of the quarter. The Corporationreceived 6 complaints during the quarter under review and the same were redressed. Thereare no Investor complaints pending at the end of the quarter.



6.	Figures relating to previous period have been recast and restated where necessary.

7	The Statutory Auditors of the Corporation have carried out a Limited Review of the Results for thequarter and for the period ended 31st December, 2007.

		On behalf of the Board

Mumbai,		Ashok Panjwani
28th January, 2008		Managing Director

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