SABERO ORGANICS GUJARAT LTD = Q3 FY 2011 RESULTS = QTR ENDING DECEMBER 2010 = LACK LUSTRE PERFORMANCE

Sabero Organics Gujarat Limited

NSE Symbol SABERORGAN

SABERO ORGANICS GUJARAT LIMITED  has declared its results for the quarter ending December,2010.

NET SALES  is Rs.93 cr – down by 28.55% from Q2 FY 11, down by 7.23% from Q1 FY11, down by 3.83% from Q4 FY 10, and down by 15.12% from Q3 FY 10.

Total Expenditure is Rs.88 cr – down by  22.95% from Q2 FY 11; up by 5.05% from Q1 FY11; up by 5.55% from Q4 FY 10; and up by 0.4% from Q3 FY11.

Profit from Operations is Rs.5 cr – down by 70.08% from Q2 FY11; down by 71.3% from Q1 FY11; down by 64.35% from Q4 FY 10; and down by 78.52% from FY 10.

NET PROFIT  IS Rs.1 cr – down by 88.1% from Q2 FY11; down by  87.6% from Q1 FY11; down by 85.41% from Q 4 FY 10; and down by 89.85% from Q3 FY 10.

Basic EPS     is Rs.0.3 against Rs.2.58 in Q2 FY11; Rs.2.48 in Q1 FY11; and Rs.3.51 in Q3 FY 10.

The performance in this quarter is quite lack lustre.

RESULTS TABLE:

SABERO ORGANICS	31-Dec-10	30-Sep-10	30-Jun-10	31-Mar-10	31-Dec-09
Net Sales	9287	12997.11	10010.43	9657	10941
dif %1	93	-28.55	-7.23	-3.83	-15.12
Incr./decr. In SIT / WIP	-	-263.83	-384.23	-111	85
Raw Materials	-504	8737.15	6186.3	5303	6254
Traded Goods	6467	-	-	-	-
Employees Cost	471	519.74	463.82	553	436
Depreciation	202	208.81	190.8	189	193
Other Expenditure	2189	2251.03	1944.03	2427	1822
Total Expenditure	8825	11452.9	8400.72	8361	8790
dif%2	88	-22.95	5.05	5.55	0.4
Profit from Operations	462	1544.21	1609.71	1296	2151
DIF %3	5	-70.08	-71.3	-64.35	-78.52
Other Income	104	223	41.89	192	27
Interest	402	345.21	375.42	242	493
Tax expense	60	494.39	431.31	508	660
Extraordinary Items	-	53.98	6.16	25	-
Net Profit	104	873.63	838.71	713	1025
DIF %4	1	-88.1	-87.6	-85.41	-89.85
Dividend (%)	-	-	-	12	-
Face Value (In Rs	10	10	10	10	10
Paid Up Equity	3385	3385.44	3385.45	3380	2926
Basic EPS	0.3	2.58	2.48	-	3.51
Diluted EPS	0.3	2.58	2.48	-	3.03
Public Holding (%)	57.76	57.76	57.76	57.85	60.97

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