Kandagiri Spinning Mills Limited  
Regd.Office: Mill Premises, Udayapatti PO, Salem 636 140  
Unaudited financial Results for the quarter/nine months ended December 31, 2011           Rs. lakhs
Quarter ended   Nine months ended Year ended
31.12.10 31.12.11 30.09.11 31.12.11 31.12.10 31.03.11
(Unaudited) (Unaudited) (Unaudited) Particulars (Unaudited) (Unaudited) (Audited)
3974 2527 3828 1.   Net sales/Income from operations 9246 11107 15187
0 3 3 2.   Other income 14 10 18
3974 2530 3831 3.   Total income (1+2) 9260 11117 15205
      4.   Expenditure excluding interest      
                (i)   Increase(-)/decrease in value of stocks of      
      (239)          45     1,021                     finished goods and work in progress            605           (340)                  (1,271)
2411 1839 2622           (ii)  Consumption of raw materials  6777 6119 9383
                 --              --              --           (iii)  Purchase of traded goods              --                  --                 --
364 226 325           (iv) Employees cost 888 994 1312
389 197 119           (v)  Power and fuel-net 595 850 1373
271 139 274           (vi) Other expenditure 666 792 1090
196 197 204           (vii) Depreciation 599 584 784
3392 2643 4565           (viii) Total expenditure 10130 8999 12671
582      (113)       (734) 5.    Profit/(loss) before interest (3-4)          (870) 2118 2534
239 334 370 6.    Interest-net 1075 824 1130
       343      (447)    (1,104) 7.    Profit/(loss) from ordinary activities before tax (5-6)        (1,945)         1,294                   1,404
      8.    Tax expense      
               --               --               --           (i)  Current tax               --                --              --
       130      (170)       (370)           (ii)  Deferred tax  - provision/(withdrawal of provision)          (670)            450                      478
       213      (277)       (734) 9.    Net profit/(loss) from ordinary activities after Tax (7-8)       (1,275)            844                      926
386 386 386 10.  Paid-up Equity share capital (Face value Rs.10 per share) 386 386 386
      11.  Reserves excluding revaluation reserves     2792
      5.52     (7.21)    (19.06) 12.  Earnings per share - Basic and diluted (not annualised) in Rs.       (33.12)         21.92                   24.06
      13.  Public shareholding      
1159078 1156878 1159078        -  Number of shares 1156878 1159078 1159078
30.11 30.05 30.11        -  Percentage of shareholding  30.05 30.11 30.11
      14.  Promoters and Promoter group shareholding      
             (i)  Pledged/encumbered      
               --               --               --             -  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 sharecapital of       
               --               --               --                   the company)               --                --              --
             (ii) Non-encumbered      
2690172 2692372 2690172             -  Number of shares 2692372 2690172 2690172
                  -  Percentage of shares (as a % of the total shareholding of       
100.00 100.00 100.00                   promoter and promoter group) 100.00 100.00 100.00
                  -  Percentage of shares (as a % of the total sharecapital of       
69.89 69.95 69.89                   the company) 69.95 69.89 69.89
             
Notes:            
1.  The reduction in the loss for the quarter ended December 31, 2011 was mainly due to reduction in cotton price coupled with marginal
     improvement in yarn sales realisation.  Further the proactive decision of the management to cut down production operation to two 
     shifts resulted in savings in cost of operation.
2.  Since there were no exceptional/exordinary items, the same have not been reflected in the above results.
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 ended December 31, 2011, no investor complaints were received nor pending for redressal at the beginning 
      and end of the said quarter.
5.   The above financial results reviewed by the Audit Committee, were approved by the Board of Directors at their meeting held on
      February 1, 2012.  Statutory Auditors have carried out a limited review of the above results.
  On behalf of the Board of Directors
                            -- Sd --
Place : Salem R. Selvarajan
Dated: February 1, 2012   Chairman and Managing Director