Kandagiri Spinning Mills Limited
Regd.Office: Mill Premises, Udayapatti PO, Salem 636 140
Unaudited Financial Results for the quarter ended June 30, 2010
			Rs. lakhs
	Corresponding	Three	Previous
	three months	months	year ended
Particulars	ended	ended	Audited
	30.06.09	30.06.10	31.03.10
1.   Net sales/Income from operations	2277	3350	10564
2.   Other income	0	10	1
3.   Total income (1+2)	2277	3360	10564
4.   Expenditure
(i)   Increase(-)/decrease in value of stocks of
finished goods and work in progress	12	(378)	(322)
(ii)  Consumption of raw materials	1129	1963	5974
(iii)  Purchase of traded goods	--	--	--
(iv) Employees cost	226	288	933
(v)  Power and fuel-net	231	343	996
(vi) Other expenditure-net	121	342	774
(vii) Depreciation	194	195	779
(viii) Total expenditure	1914	2753	9134
5.    Interest-net	267	251	982
6.    Exceptional item	--	--	--
7.    Profit  from Ordinary activities before tax (3-4-5+6)	97	356	449
8.    Tax expense
(i)  Current tax	--	--	--
(ii)  Fringe benefit tax	0	--	--
(iii) Deferred tax liability	24	105	115
9.    Net profit  from Ordinary activities after Tax (7-8)	73	251	334
10.  Extraordinary items	--	--	--
11.  Net profit for the period (9-10)	73	251	334
12.  Paid-up Equity share capital (Face value Rs.10 per share)	386	386	386
13.  Reserves excluding revaluation reserves			4334
14.  Earnings per share - Basic and diluted (not annualised) in Rs.	1.89	6.53	8.67
15.  Public shareholding
-  Number of shares	1159078	1159078	1159078
-  Percentage of shareholding	30.11	30.11	30.11
16.  Promoters and Promoter group shareholding
-  Number of shares	2690172	2690172	2690172
-  Percentage of shareholding	69.89	69.89	69.89
-  Pledged/encumbered	Nil	Nil	Nil
Notes
1.  Other expenditure-net includes unrealised forex loss(net) as per Accounting Standard 11 of Rs.50.19 lakhs for the three months
ended June 30, 2010, unreaslied forex gain-net of Rs.84.65 lakhs for the year ended March 31, 2010 and an unrealised forex
gain-net of Rs.39.85 lakhs for the corresponding three months ended June 30, 2009.
2.   The income tax liability for the three months ended June 30, 2010 under section 115JB  of the Income Tax Act, 1961 is subject to
adjustment under section 115JAA of the Act and hence the provision for income tax for the said period is taken as nil.
3.   The company is principally engaged in a single business segment viz., cotton yarn and operates in a single geographical segment.
4.   During the quarter, no investor complaints were received nor pending for redressal at the beginning and end of the quarter.
5.   The above financial results reviewed by the Audit Committee, were approved by the Board of Directors at their meeting held on
August 12, 2010.
for Kandagiri Spinning Mills Limited
Salem,	R. Selvarajan
August 12, 2010                                                                                                                                          Chairman and Managing Director