L.G.Balakrishnan & Bros Ltd.

L.G.BALAKRISHNAN & BROS LIMITED
6/16/13 Krishnarayapuram Road, Ganapathy, Coimbatore
'UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.09.2006 (PROVISIONAL)

	(Rs. in Lacs)

1.	Sales		13447.56	11194.04	25881.03	21116.65	46974.54
	Less: Excise duty		1390.39	1311.88	2746.70	2524.74	5362.10
	Net Sales/Income from Operations		12057.17	9882.16	23134.33	18591.91	41612.44
2.	Other Income		55.06	136.51	79.90	161.80	330.52
3.	Total Expenditure
	a)	(Increase) / decrease in Stock in Trade	(932.65)	(476.31)	(770.68)	(820.21)	814.46
	b)	Consumption of Raw Materials	6443.54	5683.85	12090.41	10261.24	20116.15
	c)	Staff Cost	880.79	778.33	1717.91	1476.32	3013.31
	d)	Other expenditure	3791.21	2459.87	6721.42	4956.75	11916.02
4.	Profit before Interest, Depreciation and Tax		1929.34	1572.93	3455.17	2879.61	6083.02
5.	Interest		700.79	460.71	1276.24	875.45	1953.48
6.	Depreciation		583.42	506.45	1137.14	956.69	1914.53
7.	Profit(+)/Loss(-) before tax (4-5-6)		645.13	605.77	1041.79	1047.47	2215.01
8.	Provision for Taxation
	a)	Current Tax	195.00	114.60	285.00	215.00	240.00
	b)	Deferred Tax	23.95	63.50	58.65	67.80	571.26
	c)	Fringe Benefit Tax	11.00	12.20	19.90	21.80	44.33
9.	Net Profit (+) / Loss (-) (7-8)		415.18	415.47	678.24	742.87	1359.42
10.	Paid up Equity Share Capital* (Equity Shares of Re.1/- each)		841.39	786.06	841.39	786.06	786.06
11.	Reserves (excluding revaluation reserves)		-	-	-	-	8533.47
12.	Earnings per share (Rs.) (Annualised)		0.49	0.53	0.81	0.95	1.73
13.	Aggregate of Non-Promoter Share Holding (Nos.)		-	-	49,797,625	44,020,890	43,984,171
	Percentage of Share Holdings *				59.18%	56.00%	55.96%

SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED
UNDER CLAUSE 41 OF THE LISTING AGREEMENT

1.	Segement Revenue (Net Sale / Income from operations)
	a)	Transmission	7117.09	5963.01	14313.47	11380.64	25552.14
	b)	Metal Forming	1923.78	1128.90	3478.93	2246.83	5130.90
	c)	Forging & Machining	2135.30	2100.33	3866.50	3821.33	8015.14
	d)	Others	936.06	826.43	1555.33	1304.91	3244.78
	Total		12112.23	10018.67	23214.23	18753.71	41942.96
	Less: Inter segement revenue		-	-	-	-	-
	Net Sales/Income from operations		12112.23	10018.67	23214.23	18753.71	41942.96
2.	Segement Results (Profit / Loss before tax and interest)
	a)	Transmission	961.11	788.53	1891.30	1403.00	3415.38
	b)	Metal Forming	217.07	92.98	358.06	187.97	389.24
	c)	Forging & Machining	(27.34)	132.47	(167.66)	220.56	45.81
	d)	Others	195.08	52.50	236.33	111.39	318.06
	Total		1345.92	1066.48	2318.03	1922.92	4168.49
	Less: (i) Interest		700.79	460.71	1276.24	875.45	1953.48
	(ii) Other unallocable expenditure net off unallocable income		-	-	-	-	-
	Profit Before Tax		645.13	605.77	1041.79	1047.47	2215.01
3.	Capital Employed (Segment Assets - Segment Liabilities)
	a)	Transmission	9435.41	7506.79	9435.41	7506.79	9292.67
	b)	Metal Forming	4249.01	4181.59	4249.01	4181.59	4157.93
	c)	Forging & Machining	12096.58	11581.45	12096.58	11581.45	10977.25
	d)	Others	4485.46	4028.02	4485.46	4028.02	4887.59
	Total		30266.46	27297.85	30266.46	27297.85	29315.44

1	The above results were considered by the Audit Committee and approved by the Board of Directors at their meetings held on 30.10.2006
2	The above results are subject to a Limited Review by the Statutory Auditors of the Company
3	Previous year figures have been regrouped/rearranged whereever necessary
4	Information on Investors compliants for the quarter (Nos) Opening - 0, received - 1 , redrerssed - 1 , pending - 0
5	The Company has filed the Draft Letter of Offer with SEBI for the proposed issue of Secured Optionally Convertible Bonds on Rights Basis
6	The Capital of the Company has been enhanced by the issue of 55,32,714 Equity Shares of Re.1/- each to International Finance Corporation, Washington on Preferential Basis

	By order of the Board For L.G.BALAKRISHNAN & BROS LIMITED

COIMBATORE	B.VIJAYAKUMAR
30.10.2006	MANAGING DIRECTOR