TCP LIMITED
Regd.Office: 'TCP' SAPTHAGIRI BHAVAN ; New No; 4, Old No; 10, KARPAGAMBAL NAGAR, MYLAPORE, CHENNAI-600 004
Unaudited Financial Results For the Quarter Ended 31.03.2010
(Rs. in Lacs)
S.No Particulars

Quarter Ended

Year Ended
     31-Mar-10 (Un Audited) 31-Mar-09 (Audited) 31-Mar-10(Un Audited)  31-Mar-09 ( Audited)  
 
1. a)Net Sales / Income from Operations 6,893.31 13,175.65 25,250.05  29,260.60  
  b)Operating Income (Net) 151.54 (183.38) 529.38  293.00  
  Total Income(1+2) 7,044.85 12,992.27 25,779.43  29,553.60  
2. Expenditure  
 
a. (Increase)/Decrease in stock in trade
(32.20) 2.59 284.40  (63.27)  
 
b. Consumption of Raw materials
4,316.09 3,917.65 14,798.61  17,223.13  
  c. Employees cost 262.53 451.37 985.79  1,079.49  
  d. Depreciation 344.54 297.64 1,211.50  1,178.23  
  e. Other expenditure 1,570.04 865.47 3,759.07  2,841.72  
 
  f) Total 6,461.00 5,534.73 21,039.36  22,259.29  
3. Profit from Operations before Other Income,Interest & Exceptional Items(1-2) 583.85 7,457.53 4,740.07  7,294.31  
4. Other Income    
5. Profit before Interest & Exceptional Items(3+4) 583.85 7,457.53 4,740.07  7,294.31  
6. Interest 194.38 303.31 847.01  1,240.96  
 
7. Profit after Interest but before Exceptional Items(5-6) 389.47 7,154.22 3,893.06  6,053.34  
8. Exceptional Items    
 
9. Profit (+) / Loss (-) from ordinary Activities before tax (7 +8) 389.47 7,154.22 3,893.06  6,053.34  
 
10. Tax Expense 859.93 129.08 1,256.73  56.20  
 
11. Net Profit (+) / Loss (-) from ordinary activities after tax (9-10) (470.47) 7,025.14 2,636.33  5,997.14  
 
12. Extraordinary Items (Net of tax expense Rs.)    
   
13. Net Profit (+) / Loss (-) for the period (11-12) (470.47) 7,025.14 2,636.33   5,997.14  
 
14. Paid up equity share capital (Face value Rs 10/- per share) 503.19 503.19 503.19   503.19  
 
15. Reserves excluding revaluation reserves
(as per balance sheet of previous acctg year)
25,196.21   22,559.88  
   
16. Earnings Per Share (E P S)          
  a. Basic and diluted EPS before Extra Ordinary Items for the period, for the year to date and for the previous year ( Not Annualised) (9.35) 139.61 52.39   119.18  
  b. Basic and diluted EPS after Extra Ordinary Items for the period, for the year to date and for the previous year ( Not Annualised) (9.35) 139.61 52.39   119.18  
             
17. Public Shareholding          
  - Number of Shares 12,72,988 12,72,988 12,72,988  12,72,988  
  - Percentage of Shareholding 25.30 25.30 25.30  25.30  
             
18. Promoters and Promoter group Shareholding          
  a. Pledged / Encumbered          
  - Number of Shares Nil Nil Nil Nil  
  - Percentage of Shares          
  b. Non-encumbered          
  - Number of Shares 3,758,921 3,758,921 3,758,921 3,758,921  
  - Percentage of Shares 74.70 74.70 74.70 74.70  
             

NOTE:
  1. The Net Profit for the present quarter shown above is inclusive of Profit derived from Generation of Power which is eligible for deduction to the extent provided under Sec 80IA of the Income Tax, 1961
  2. The  above   statement  was  approved  at  the  meeting  of the Board of Directors held on 30th April,2010
  3. The Segment report has been prepared in accordance with the Accounting Standard 17 "Segment Reporting"
  4. During the quarter, no complaints were received from shareholders and there are no complaints pending as of date.
  5. The Audit Committee has reviewed the results and recommended for board approval.
  6. The impact of the Accounting Standard 15 “Employee benefits “will be considered in the Accounts at the end of the year.
  7. The above financial statements are subject to Limited review by the Statutory Auditors of the Company.
  8. None of the Shares of the Promoters have been pledged.

                              Place : Chennai for TCP LTD
                              Date : 30th April 2010 (V RAJASEKARAN) (Executive director)

T C P LTD., CHENNAI -4
STATEMENT OF SEGMENT WISE QUARTERLY RESULTS
(REVENUE, RESULTS AND CAPITAL EMPLOYED) (Rs. In Lacs)
S.NO PARTICULARS
Quarter Ended
Year Ended
    31-Mar-10 (Un-audited) 31-Mar-09 (Audited) 31-Mar-10 (Un-audited) 31-Mar-09 (Audited)   
1.
SEGMENT REVENUE      
  A. CHEMICAL DIVISON 1,161.78 1,483.65 5,955.51  7,362.01  
  B. POWER DIVISON 5,065.50 11,624.86 17,536.07  22,192.73  
C. BIOMASS DIVISION 657.72 19.28 2,209.90  372.48  
  D. WINDMILL DIVISION 268.51 328.77
E. Others 3.81 9.03 10.13  33.03  
  F. Unallocated    
  TOTAL 7,157.32 13,136.82 26,040.37  29,960.26  
  Less: Inter Segment Revenue 112.47 144.55 260.94  406.66  
    Net Sales/Income    
    From Operations    
  TOTAL 7,044.85 12,992.27 25,779.43  29,553.60  
           
2. SEGMENT RESULTS      
  A. CHEMICAL DIVISON (1,157.56) (330.47) (728.84)  409.64  
  B. POWER DIVISON 1,424.24 7,913.39 4,842.44  7,185.25  
C. BIOMASS DIVISON 156.82 (129.40) 545.68  (316.12)  
  D. WINDMILL DIVISION 166.91 105.03
E. OTHERS (6.56) 4.01 (24.24)  15.53  
  F. UNALLOCATED    
  TOTAL 583.85 7,457.53 4,740.07  7,294.31  
  Less: I : Interest 194.38 303.31 847.01  1,240.96  
II : Other Unallocable Expenditure W/off    
    III: Unallocable Income    
  TOTAL PROFIT BEFORE TAX 389.47 7,154.22 3,893.06  6,053.34  
 
3. CAPITAL EMPLOYED      
  A. CHEMICAL DIVISON 18,909.83 15,693.40 18,909.83  15,693.40  
  B. POWER DIVISON 1,374.62 4,129.14 1,374.62  4,129.14  
C. BIOMASS DIVISON 3,167.12 2,880.84 3,167.12  2,880.84  
  D. WINDMILL DIVISION 1886.50 1,886.50
E. OTHERS 361.33 359.69 361.33  359.69  
  F. UNALLOCATED    
  TOTAL 25,699.40 23,063.07 25,699.40  23,063.07  

         CODE OF CONDUCT    

Members of the Board and the Senior Management, shall

a) Always act in the best interest of the Company and its stakeholders.

b) Adopt the highest standards of personal ethics, integrity, confidentiality and discipline in dealing with all matters relating to the Company.

c) Apply themselves diligently and objectively in discharging their responsibilities and contribute to the conduct of the business and the progress of     the Company, and not be associated simultaneously with competing organizations either as a Director or in any managerial or advisory capacity,     without the prior approval of the Board.

d) Always adhere and conform to the various statutory and mandatory regulations/guidelines applicable to the operations of the Company avoiding     violations or non-conformities.

e) Not derive personal benefit or undue advantages (financial or otherwise) by virtue of their position or relationship with the Company, and for this     purpose

    i) shall adopt total transparency in their dealings with the Company.

    ii) shall disclose full details of any direct or indirect personal interest in dealings/transactions with the Company.

    iii) shall not be party to transactions or decisions involving conflict between their personal interest and the Company's interest.

f) Conduct themselves and their activities outside the Company in such manner as not to adversely affect the image or reputation of the Company.

g) Inform the Company immediately if there is any personal development (relating to his/her business/professional activities) which could be     incompatible with the level and stature of his position and responsibility with the Company.

h) Bring to the attention of the Board, Chairman or the Managing Director as appropriate, any information or development either within the Company     (relating to its employees or other stakeholders) or external, which could impact the Company's operations, and which in the normal course may     not have come to the knowledge the Board/Chairman or Managing Director.

i) Always abide by the above Code of Conduct, and shall be accountable to the Board for their actions/violations/defaults.

REGD.OFFICE:"TCP LIMITED " SAPTHAGIRI BHAVAN New No. 4, Old No. 10, KARPAGAMBAL NAGAR,
MYLAPORE,CHENNAI - 600 004,TAMIL NADU,INDIA.
Phone : 24991518, 24991289     Email- chem@tcpindia.com