Shakti Pumps (India) (531431) Q4 01/02 earnings summary

Executive summary

• FY ended June 30, 2002: sales rose 3.89% YoY to Rs. 4,152.24 lakh; PBT was Rs. 144.09 lakh and PAT Rs. 132.59 lakh.

• Net profit increased from Rs. 128.33 lakh in FY 2000-01 to Rs. 132.59 lakh; EPS was Rs. 2.77.

Financial highlights

• Total income was Rs. 4,180.80 lakh versus Rs. 4,203.83 lakh in FY 2000-01; sales were Rs. 4,152.24 lakh versus Rs. 3,996.73 lakh.

• PBT rose to Rs. 144.09 lakh from Rs. 140.33 lakh; PAT rose to Rs. 132.59 lakh from Rs. 128.33 lakh.

• Total expenditure was Rs. 4,036.71 lakh versus Rs. 4,063.50 lakh; financial charges declined to Rs. 208.18 lakh from Rs. 226.79 lakh.

Segment performance

• Submersible pumps were the principal business; all operations were conducted in India, with no separate business or geographical segment reported.

• Production was 30,083 units versus 32,494; turnover volume was 30,864 units versus 32,658.

• Export sales were Rs. 783.46 lakh versus Rs. 438.78 lakh; export earnings were Rs. 584.90 lakh versus Rs. 238.79 lakh.