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MADR= AS FERTILIZERS LIMITED
(A Govt. of India Undertaking)
Regd. Office : Manali, Chennai 600 068=
UNAUDITED FIN= ANCIAL RESULTS  FOR THE QUARTER ENDED JU= NE 30, 2010
(Rs. in lakhs) 
Particulars 3 = months ended  C= orresponding 3 months ended in the previous year Y= ear to date figures for current period ended Y= ear to date figures for the previous year ended Pr= evious accounting    year          ended
(30/06/2010) (30/06/2009) (30/06/2010) (30/06/2009) (31/03/2010)
 Unaudited <= span style=3D'mso-spacerun:yes'> Unaudited <= span style=3D'mso-spacerun:yes'> Unaudited <= span style=3D'mso-spacerun:yes'> Unaudited Audited
(1) (2) (3) (4) (5)
               
1 (a) Net Sales/Income from Operations 35374 16393 35374 16393 130284
             
  (b) Other Operating Income          
             
             
             
             
2 Expenditure          
  a. (Increase)/Decrease in Stock in trade (1402) 215 (1402) 215 (3090)
  and work in progress          
  b. Consumption of Raw Materials 18760 9292 18760 9292 68036
  c. Purchase of Traded Goods 18 24 18 24 819
  d. Employees Cost 2077 1067 2077 1067 4373
  e. Power, Water & Fuel 11083 6743 11083 6743 37789
  f. Depreciation 1090 1122 1090 1122 4153
  g. Other Expenditure 1905 1570 1905 1570 9289
  h. Total 33531 20033 33531 20033 121369
    (Any item exceedi= ng 10% of the total expenditure to be shown separately)          
             
3 Profit from Operations before Other Income, Interest & Exceptional Items (1-2) 1843 (3640) 1843 (3640) 8915
        25      
4 Other Income 140 25 140 25 618
      2388      
5 Profit before Interest & Exceptional Items (3+4) 1983 (3615) 1983 (3615) 9533
             
6 Interest 1889 2388 1889 2388 8845
             
7 Profit after Interest but before Exceptional Items (5-6) 94 (6003) 94 (6003) 688
      0      
8 Exceptional Items          
             
9 Profit (+)/ Loss(-) from Ordinary Activities before tax (7 += 8) 94 (6003) 94 (6003) 688
             
10 Tax Expense          
      0      
11 Net Profit (+) / Loss (-) from Ordinary Activities after tax= (9 - 10) 94 (6003) 94 (6003) 688
             
12 Extraordinary Items (net of tax expense Rs...)          
             
13 Net Profit (+) / Loss (-) for the period (11-12) 94 (6003) 94 (6003) 688
             
14 Paid-up equity share capital 16110 16110 16110 16110 16110
  (Face value Rs 10 per share)          
             
15 Reserves excluding Revaluation Reserves as per balance sheet= of previous accounting year 1239 1239 1239 1239 1239
             
16 Earnings Per Share (EPS)          
  a) Basic and diluted EPS before Extraordinary 0.06 (3.73) 0.06 (3.73) 0.43
  items for the period, for the year to date and
  for the previous year (not to be annualized)
  b) Basic & diluted EPS after Extraordinary 0.06 (3.73) 0.06 (3.73) 0.43
  items for the period, for the year to date and
    for the previous year (not to be annualised)
             
17 Public Shareholding          
  - Number of Shares = 23733100 <= /td> 23733100 <= /td> 23733100 <= /td> 23733100 <= /td> 23733100
  - Percentage of Shareholding 14.73 14.73 14.73 14.73 14.73
18 Prom= oters and promoter group  Shareholding     <= /td>  <= /td>  <= /td>  
  a) P= ledged/ Encumbered           
  - Number of shares= Nil = Nil = Nil = Nil N= il
  - Percentage of sh= ares (as a % of the total shareholding of promoter and promoter group) Nil = Nil = Nil = Nil N= il
  - Percentage of sh= ares (as a % of the total share capital of the company) Nil = Nil = Nil = Nil N= il
  b)  Non-encumbered          
  - Number of Shares 137368200 137368200 137368200 137368200 137368200
  - Percentage of sh= ares (as a% of the total shareholding of promoter and promoter group) 100 100 100 100 100
  - Percentage of sh= ares (as a % of the total share capital of the company) 85.27 85.27 85.27 85.27 85.27
               
Note
1 Ammonia and Urea Plants were shutdown = for 4 days and 9 days respectively during the quarter for Annual maintenance, 
TNEB power failure etc.
2 The Company produced 4,865 MT NPKS 20-= 20-0-13 on tolling basis with Indian Potash Limited during the quarter.
3 Fertilizer manufacture is the only main business segment and trading operations are less than 10% of the total revenue. 
Further, the Company is engaged in prov= iding and selling its products in single economic environment in India 
i.e., there is a single geographical segment.  Hence there is no requi= rement of segment reporting for the Company as per 
AS 17 (Segment Reporting).
4 In view of the carry forward losses and allowances available for set off, provision for current tax is not consid= ered necessary.  
Also, as a prudent policy no deferred = tax asset has been recognized per AS 22 (Accounting for Taxes on Income).
5 Details of Investors complaints and se= rvices during the quarter:Pending at the beginning of the Quarter: Nil,  Received:2,
Disposed Off:2 and Pending at the end = of the Quarter: Nil.
6 Audit observations on the Accounts for= 2009-10 and Management clarification thereon stand.
7 The unaudited results have been subjec= ted to Limited Review by Statutory Auditors.
8 The above results have been reviewed a= nd recommended by the Audit Committee and approved by the Board of Directors 
at their meeting held on July 26, 2010.
       By Order of the Board
Place:  Chennai M Sagar Mathews
Date = : July 26, 2010      =          Chairman & Managing Director