Nirma Limited = QTRLY RESULTS = FOR Q3 FY 2012 = ENDING DEC,2011 = NET SALES UP 24.6% YoY; NPT UP 195% YoY; PUBLIC SHAREHOLDING LOW AT 9.18%

Nirma Limited

NSE Symbol        NIRMA

NIRMA LIMITED has done well in q3 FY 12 ending Dec,2011.

Net Sales stands at Rs.999.43 cr in Q3 FY 12 – against Rs.997.83 Cr in the preceding qtr of Q2 FY 12 (Up by 0.16%); Rs.884.65 Cr in Q1 FY 12 (Up by 12.97%) ; and Rs.802.11 cr in the corresponding Qtr of  Q3 FY 11 (Up by 24.6%).

Profit from Operations         stands at Rs.99.84 Cr in Q3 FY 12 – against Rs.71.97 cr in Q2 FY 12 (Up by 38.72%); Rs.67.32 cr in Q1 FY 12 (Up by 48.31%); and Rs.29.96 cr in Q3 FY 11 (up by 233.24%).

Profit  before tax stands at Rs.109.19 cr – compared to Rs.25.72 cr in Q2 Fy12 ( up by 324.53%); Rs.59.31 cr in Q1 FY 12 (Up by  84.1%); Rs.30.01 cr in Q3 FY 11 (Up by 263.85%).

Tax expense    stands at Rs.29.59 cr in Q3 FY 12; compared to Rs.4.38 cr in q2 FY 12 ( up by 575.57% ); Rs.7.99 cr in Q1 FY 12 ( up by 270.34%); Rs.3 cr in Q3 FY 11 (Up by 886.33%).

Net Profit finally stands at Rs.79.60 cr – compared to Rs.21.34 Cr in Q2 FY 12 (Up by 273.01%) ; Rs.51.32 cr in Q1 FY 12 (Up by 55.11%); Rs.27.01 cr in Q3 FY 11 (194.71%).

Basic EPS , on a FV of Rs.5 stands at Rs.5       in Q3 FY 12; Rs.1.34 in Q2 FY 12;Rs.3.22 in Q1 FY 12; Rs.1.7 in Q3 FY 11.

Public holding in the company is very low at 9.18%.

RESULTS TABLE

NIRMA	31-Dec-11	30-Sep-11	%DIF1	30-Jun-11	%DIF2	31-Dec-10	%DIF3
Net Sales	99943	99783	0.16	88465	12.97	80211	24.6
Other Operating Income	240	90	166.67	8	2900	4	5900
Increase in SIT / WIP	4267	-1733	-346.2	-9104	-146.9	2125	100.8
Raw Materials	54304	59363	-8.52	43926	23.63	31747	71.05
Traded Goods	1714	3999	-57.14	3746	-54.24	2396	-28.46
Employees Cost	4360	3707	17.62	3591	21.41	3609	20.81
Depreciation	5484	5573	-1.6	5538	-0.98	6963	-21.24
Other Expenditure	20070	21767	-7.8	34044	-41.05	30379	-33.93
Total Expenditure	90199	92676	-2.67	81741	10.35	77219	16.81
Profit from Operations	9984	7197	38.72	6732	48.31	2996	233.24
Other Income	635	666	-4.65	348	82.47	250	154
Interest	922	480	92.08	1149	-19.76	798	15.54
Exceptional Items	-1222	4811	-125.4	-		-553	120.98
Profit  before tax	10919	2572	324.53	5931	84.1	3001	263.85
Tax expense	2959	438	575.57	799	270.34	300	886.33
Net Profit	7960	2134	273.01	5132	55.11	2701	194.71
Face Value (In Rs	5	5	0	5	0	5	0
Paid Up Equity	7957	7957	0	7957	0	7957	0
Basic EPS	5	1.34	273.13	3.22	55.28	1.7	194.12
Public holding (%)	9.18	9.18	0	9.18	0	22.83	-59.79

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