Ratnabali Capital Markets Ltd.

RATNABALI CAPITAL MARKETS LIMITED

UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED 30TH SEPTEMBER, 2010.

						(Rs. in Lakhs)
Sl	Particulars	Quarter ended		Half year ended		Year ended
		30.09.2010	30.09.2009	30.09.2010	30.09.2009	31.03.2010
No		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)

1	a) Net Sales / Income from Operations	10,200.32	30,149.59	32,633.63	67,184.76	97,410.38
	b) Other Operating Income	303.67	131.47	393.99	250.29	1,445.94
2	Expenditure
	a) (Increase) / decrease in stock in trade	(1,025.40)	256.49	(2,633.39)	1,117.70	992.72
	b) Purchases of traded goods	11,083.16	30,484.15	34,503.07	65,950.45	97,089.51
	c) Employees cost	50.62	39.67	105.19	67.37	162.90
	d) Depreciation	6.58	12.75	20.93	21.38	43.00
	e) Other expenditure	188.83	220.82	374.20	404.05	827.73
	f) Total	10,303.79	31,013.88	32,370.00	67,560.95	99,115.86
3	Profit from Operations before Other Income, Interest &
	Exceptional Items (1-2)	200.20	(732.82)	657.62	(125.90)	(259.54)
4	Other Income	103.60	1,166.62	178.34	1,334.81	1,554.79
5	Profit before Interest & Exceptional Items (3+4)	303.80	433.80	835.96	1,208.91	1,295.25
6	Interest	118.70	105.01	183.59	130.51	252.75
7	Profit after Interest but before Exceptional Items (5-6)	185.10	328.79	652.37	1,078.40	1,042.50
8	Exceptional Items	-	-	-	-	-
9	Profit from Ordinary Activities before tax (7+8)	185.10	328.79	652.37	1,078.40	1,042.50
10	Tax expense / ( write back) (including deferred tax)	(56.84)	(67.23)	92.08	177.95	(23.68)
11	Net Profit from Ordinary Activities after tax (9-10)	241.94	396.02	560.29	900.45	1,066.18
12	Extraordinary Item	-	-	-	-	-
13	Net profit for the period (11-12)	241.94	396.02	560.29	900.45	1,066.18
14	Paid-up equity share capital (Face value of Rs. 10/- each)	520.30	520.30	520.30	520.30	520.30
15	Reserves excluding Revaluation Reserves	-	-	-	-	7,067.02
	(as per balance sheet of previous accounting year)
16	Earnings Per Share (EPS)
	Basic and diluted EPS (not annualised)	4.65	7.61	10.77	17.31	20.49
17	Public Shareholding
	- Number of shares	1,301,726	1,305,700	1,301,726	1,305,700	1,305,700
	- Percentage of shareholding	25.02	25.10	25.02	25.10	25.10
18	Promoters and promoter group Shareholding
	a) Pledged / Encumbered
	- Number of shares	-	-	-	-	-
	- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	-	-	-	-	-
	- Percentage of shares (as a % of the total share capital of the company)	-	-	-	-	-
	b) Non - encumbered
	- Number of shares	3,901,274	3,897,300	3,901,274	3,897,300	3,897,300
	- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	100.00	100.00	100.00	100.00	100.00
	- Percentage of shares (as a % of the total share capital of the company)	74.98	74.90	74.98	74.90	74.90


STATEMENT OF ASSETS AND LIABILITIES (STANDALONE) AS AT 30TH SEPTEMBER 2010
						(Rs. in Lakhs)
Sl	Particulars				As at	As at
					30/09/2010	30/09/2009
No					(Unaudited)	(Unaudited)

	SHAREHOLDERS' FUNDS :
	(a) Capital				520.30	520.30
	(b) Reserves and Surplus				7628.42	7205.64
	LOAN FUNDS				4289.49	3283.74
	DEFERRED TAX LIABILITY (NET)				-	1.94
	TOTAL				12438.21	11011.62
	FIXED ASSETS				261.10	304.63
	INVESTMENTS				4,254.30	3,663.90
	DEFERRED TAX ASSETS (NET)				13.94	-
	CURRENT ASSETS, LOANS AND ADVANCES
	(a) Inventories				4,822.05	2,063.68
	(b) Sundry Debtors				260.28	303.78
	(b) Cash and Bank balances				2,860.22	4,403.62
	(d) Other current assets				47.69	186.73
	(e) Loans and Advances				702.25	651.15
	Less : Current Liabilities and Provisions
	(a) Liabilities				768.94	556.25
	(b) Provisions				14.68	9.62
	NET CURRENT ASSETS				7,908.87	7,043.09
	TOTAL				12,438.21	11,011.62

	Notes :-
1	The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on 27/10/2010,
	and the Statutory Auditors have carried out a Limited Review of the same.
2	The above results have been prepared on standalone basis in terms of clause 41 of the Listing Agreement entered with Bombay Stock Exchange Limited.
3	The Company is engaged in single segment as defined in Accounting Standard (AS) 17, hence Segment Reporting is not applicable.
4	Information on Investors' complaints for the quarter - (Nos) : Opening Balance - Nil, Received - Nil, Disposal - Nil, Closing Balance - Nil.
5	Nature of Capital Market in which the Company operates is such that the quarterly results do not indicate the likely annual performance.


				By Order of the Board
				For Ratnabali Capital Markets Limited


	Place : Kolkata			VIKASH SOMANI
	Date : 27th October, 2010			MANAGING DIRECTOR