TAYO ROLLS LIMITED  
 (formerly TATA-YODOGAWA LIMITED)  
Regd. Office : XLRI New Administrative Building, C.H.Area(E), Jamshedpur-831001.  
         
INDIA'S  LEADING ROLL MANUFACTURER  
       
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2009  
           
    (Rs. in Lakhs)  
    Quarter Quarter Nine Nine Previous  
    ended ended months months       year  
        ended ended ended  
Srl Particulars 31.12.2009 31.12.2008 31.12.2009 31.12.2008 31.03.2009  
(1)  (2) (3) (4) (5) (6) (7)  
    (Unaudited) (Audited) (Unaudited) (Audited) (Audited)  
1 (a)Net Sales/Income from Operations 3337 2796 8763 13414 16485  
  (b)Other Operating Income 142 28 318 409 487  
  Total Income 3479 2824 9081 13823 16972  
2 Expenditure            
  a) Increase/decrease in stock in trade and work in progress 276 228 176 -22 242  
  b) Consumption of raw materials 1913 1594 4991 8303 9853    
  c) Purchase of semi-finished products 0 468 185 911 1192  
  d) Consumption of Stores 313 218 730 883 1029  
  e) Employees Cost 592 728 1774 1891 2719  
  f)  Depeciation   99 90 298 268 354  
  g) Power & Fuel 607 448 1480 1544 1960  
  h) Other Expenditure 268 220 854 956 1254  
  i) Expenditure transferred to capital and other accounts -575 -90 -991 -209 -397  
  j)Total Expenditure 3493 3904 9497 14525 18206  
3 Profit(+)/Loss(-) from Operations before Other Income, Interest and Exceptional items(1-2) -14 -1080 -416 -702 -1234  
4 Other Income 0 28 19 43 72  
5 Profit(+)/Loss(-)before Interest and Exceptional Items(3+4) -14 -1052 -397 -659 -1162  
6 Interest 113 154 320 418 538  
7 Profit(+)/Loss(-) after Interest but before Exceptional Items(5-6) -127 -1206 -717 -1077 -1700  
8 Exceptional items -            
   i) Employee Separation Compensation -38 -44 -121 -122 -185  
  ii)Gain from forward cover contracts   -8   54 45  
9 Profit(+)/Loss(-) from ordinary activities before Tax(7+8) -165 -1258 -838 -1145 -1840  
10 Tax Expenses            
      - Current Tax 0 -47 0 0    
      - Reversal of Provision of Previous Year 0 0 0 0    
      - Deferred Tax 0 -175 0 -192 -191  
      -Fringe Benefit Tax 0 7 0 20 25  
11 Net Profit(+)/Loss(-) for the period(9-10) -165 -1043 -838 -973 -1674  
12 Paid-up Equity Share Capital 1026 1026 1026 1026 1026  
  (Face Value of Rs.10/- each)            
13 Reserves excluding Revaluation Reserve as per Balance         7960  
  Sheet of previous accounting year            
14 Earning per share (EPS)            
  Basic and diluted EPS for the period,for the year to date -1.59 -14.76 -8.17 -16.21 -23.68  
  and for the previous year.            
             
15 Public Shareholding            
  a)Number of Shares 2,748,518 2,748,518 2,748,518 2,748,518 2,748,518  
  b)Percentage of Shareholding 26.79 26.79 26.79 26.79 26.79  
16 Promoter and promoter group shareholding            
  a)Pledged/Encumbered NIL NIL NIL NIL NIL  
       -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 company)            
  b)Non-encumbered            
     -Number of Shares 7512417 7512417 7512417 7512417 7512417  
     -Percentage of shares(as a % of the total shareholding of 100.00 100.00 100.00 100.00 100.00  
      promoter and promoter group)            
     -Percentage of shares(as a % of the total share capital 73.21 73.21 73.21 73.21 73.21  
     of the Company)            
   
  SEGMENT-WISE REVENUE,RESULTS AND CAPITAL EMPLOYED-DECEMBER, 2009  
   
1 Segment Revenue            
  a) Roll operations 2302 2366 6057 9582 11867  
  b) Pig Iron Operations 1348 604 3399 4774 5772  
  c) Others 24 108 44 272 226  
                                                                          Total 3674 3078 9500 14628 17865  
  Less: Inter segment Rrevenue 195 226 419 762 893  
  Net sale/income from operations 3479 2852 9081 13866 16972  
   
2 Segment Results(Profit(+)/Loss(-) before  
  tax and interest from each segment  
  a) Roll operations -118 -379 -332 -229 -515  
  b) Pig Iron Operations 104 -714 -31 -449 -660  
  c) Others 0 13 -53 -24 -59  
  Total -14 -1080 -416 -702 -1234  
   
  Less:            
  I)   Interest 113 154 320 418 538  
  II)  Other unallocable expenditure            
       net of unallocable income 0 -29 -19 -43 -72  
  iii)  Exceptional items (net) 38 53 121 68 140  
  Total Profit Before Tax -165 -1258 -838 -1145 -1840  
   
3 Capital Employed  
  (Segment assets-Segment liabilitaies)    
     
  a) Roll operations 3985 4456 3985 4456 6757    
    b) Pig Iron Operations 1513 904 1513 904 1381  
    c) Others 52 134 52 134 121  
    d)Unallocable Assets (Net) 14422 13125 14422 13125 9383  
    Total 19972 18619 19972 18619 17642  
     
    Notes :  
     
  1) Figures of corresponding period re-grouped where necessary.
  2) The Engineering Forgings and Forged Roll Plant were inaugrated on 07.01.2010, Hot trial of Forgings and Forged Rolls are in progress.
  3) Total  number  of  investor  complaints  pending  at the beginning of the quarter: NIL; Received and Disposed of during the quarter :NIL; and pending at the end of the quarter: NIL .
  4) The Financial results were reviewed  by  the  Audit  Committee  and  approved and taken on record by  the  Board of  Directors at their respective meetings held on 29.01.2010.The Statutory Auditors have carried out Limited Review of the Results for the quarter and nine months ended 31st December,2009.
     
     
     
     
    Place : Kolkata         (P.C.Srivastava)  
    Date  : 29.01.2010      Managing Director  
     
     
   A TΛTΛ Enterprise