GAJRA BEVEL GEARS LIMITED

Registered Office: Industrial Area, A.B. Road,

DEWAS 455-001. (M.P.)

UNAUDITED FINANCIAL RESULTS

FOR THE QUARTER ENDED 30.06.2011(Rs. In Lakhs)

Particulars / 3 months ended 30/06/2011 / Corresponding 3 months ended in the previous year
30/06/2010 / Year to Date figures for current Period ended
30/06/2011 / Year to Date figures for the previous year ended
30/06/2010 / Previous accounting year ended
30/09/2010
Un-audited / Audited / Un-audited / Audited / Audited
1. (a) Net Sales/Income from Operations
(b) Other Operating Income / -
- / -
- / -
- / -
- / -
-
- / - / - / - / -
2. Expenditure
a. Increase/decrease in stock in trade and work in progress
b. Consumption of raw materials
c. Purchase of traded goods
d. Employees cost
e. Depreciation
f. Other expenditure
g. Total / -
-
-
-
2.39
9.97
12.36 / -
-
-
-
2.40
6.56
8.96 / -
-
-
-
7.17
21.49
28.66 / -
-
-
-
7.19
17.80
24.99 / -
-
-
-
9.58
24.89
34.47
3. Profit from Operations before Other Income, Interest and Exceptional Items (1-2) / (12.36) / (8.96) / (28.66) / (24.99) / (34.47)
4. Other Income / - / - / - / 0.54 / 0.54
5. Profit before Interest and Exceptional Items (3+4) / (12.36) / (8.96) / (28.66) / (24.45) / (33.93)
6. Interest / 12.74 / 9.37 / 31.48 / 28.11 / 37.49
7. Profit after Interest but before Exceptional Items (5-6) / (25.10) / (18.33) / (60.14) / (52.56) / (71.42)
8. Exceptional items / - / - / - / - / -
9. Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8) / (25.10) / (18.33) / (60.14) / (52.56) / (71.42)
10. Tax expense / - / - / - / - / -
11. Net Profit (+)/ Loss (-) from
Ordinary Activities after tax (9-10) / (25.10) / (18.33) / (60.14) / (52.56) / (71.42)
12. Extraordinary Items (net of tax expense Rs. ) / - / - / - / - / -
13. Net Profit(+)/ Loss(-) for the period (11-12) / (25.10) / (18.33) / (60.14) / (52.56) / (71.42)
14. Paid-up equity share capital
Equity Shares of Rs. 10/- each. / 940.07 / 940.07 / 940.07 / 940.07 / 940.07
15. Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year / 216.84 / 216.84 / 216.84 / 216.84 / 216.84
Cont. on Page 2
16. Earnings 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)
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) / (0.27)
(0.27) / (0.19)
(0.19) / (0.64)
(0.64) / .
(0.56)
(0.56) / .
(0.76)
(0.76)
17. Public Shareholding
- No. of shares
- Percentage of shareholding / 6776810
72.09% / 6776810
72.09% / 6776810
72.09% / 6776810
72.09% / 6776810
72.09%
18. Promoters and Promoter Group Shareholding
a) Pledged / Encumbered
- Number of shares
- Percentage of Shares (as a % of the total shareholding of promoters and promoter group)
- Percentage of shares (as a % of the total share capital of the company)
b) Non-encumbered
- Number of shares
- Percentage of Shares (as a % of the total shareholding of promoters and promoter group)
- Percentage of shares (as a % of the total share capital of the company) / 306055
11.69%
3.26%
2317885
88.34%
96.74% / 306055
11.69%
3.26%
2317885
88.34%
96.74% / 306055
11.69%
3.26%
2317885
88.34%
96.74% / 306055
11.69%
3.26%
2317885
88.34%
96.74% / 306055
11.69%
3.26%
2317885
88.34%
96.74%

Notes :1.The results have been taken at the meeting of the Board of Directors held on 12.08.2011.

2.The company does not have any business activity in view of sickness and the management is taking suitable

steps to restore manufacturing and business activities with the support of Institutions.

3. In view of the accumulated losses, no provisions for the Deferred Tax Liability and other taxes have been made.

4. Only 4 complaints were received and resolved during the quarter under review.

5. Segment reporting as defined in Accounting Standard-17 is not applicable.

For and on behalf of the Board of Directors

.

Date :12thAug.'.2011 Surendra Singh

Place : Indore. Managing Director

O.T. GANDHI & CO. 4th Floor, Surya Sadhna,

Chartered Accountatns A.B.Road, INDORE .

To,

The Board of Directors,

Gajra Bevel Gears Ltd.,

A.B.Road,

DEWAS - 455 001.

Dear Sir,

We have reviewed the accompanying statement of unaudited financial results of GAJRA BEVEL GEARS LTD., for the quarter ended 30/06/2011except for the disclosures regarding “Public Shareholding “ and “Promoter and Promoter Group Shareholding” which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors. Our responsibility is to issue a report of these financial statements based on our review.

We conduct our review in accordance with the Standard on Review Engagement (SRE) 2400 engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be described in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed or that it contains any material misstatement.

Place : IndoreFor O.T. GANDHI & CO.

Chartered Accountants

Date :12 Aug.' 2011F.R,No.001120 C

(SAMEEP GANDHI)

PARTNER

Membership No. 411107