NELCO LIMITED
Regd. Office: Francysters Cybernetics Centre, Eucharistic Congress Building No. III, 5, Convent Street, Colaba, Mumbai -400 001.
Audited Financial Results for the Quarter / Year ended 31st March 2008
						Rs. in Lakhs
Sr.	Particulars	3 Months	3 Months	12 Months	12 Months	6 Months
No.		period ended	period ended	period ended	period ended	period ended
		31.03.2008	31.03.2007	31.03.2008	31.03.2007	31.03.2007
		(Audited)	(Audited)	(Audited)	(Unaudited)	(Audited)
1.	Sales / Income from Operations	10110	3759	21050	14523	6612
	Less : Excise Duty	534	233	1315	847	448
	Net Sales/ Income from Operations	9576	3525	19735	13676	6163
2.	Other Income	30	27	155	42	31
3.	Total Income	9606	3552	19890	13718	6194
4.	Total Expenditure
	a) (Increase)/Decrease in Stock in Trade and Work in progress	1082	108	570	(886)	210
	b) Consumption of Raw Materials	1860	368	5627	3449	1379
	c) Purchase of Traded Goods & Spares	765	937	2922	3405	1309
	d) Expenditure on Property Development	2553	-	2553	-	-
	e) Employees Cost	609	474	2404	1937	977
	f) Depreciation	112	101	436	382	202
	g) Other Expenditure	1274	784	3573	2962	1309
	h) Total	8255	2772	18085	11249	5386
5.	Interest	277	223	1082	871	449
					0
					0
6.	Deferred Revenue Expenditure (Voluntary Retirement Scheme)	30	77	126	318	156
7.	Profit/(Loss) before Tax	1044	480	597	1280	202
8.	Tax Expense
	a) Current Tax Provision	60	140	60	140	140
	b) Deferred Tax Provision	162	(101)	162	(101)	(101)
	c) MAT Credit Availed	(120)		(120)
	d) Fringe Benefit Tax Provision	10	13	47	42	23
	e) Short / (Excess) Tax Provision For Earlier Years	4	-	4	#VALUE!	-
9.	Net Profit/(Loss) After Tax	927	428	443	#VALUE!	140
	Add : Brought forward from previous year	-	-	(279)	-	(419)
	Add : Transfer from General Reserve	-	-	-	-	-
	Profit and Loss - Debit Balance (Net)	-	-	-	-	(279)
10.	Paid up Equity Share Capital ( Face Value Rs.10/-)	2282	2282	2282	2282	2282
11.	Reserves excluding Revaluation Reserves			164		-
12.	EPS (Rs.)-Basic & Diluted	4.06	1.88	1.94	#VALUE!	0.61
13.	Public shareholding
	Number of Shares	11384960	11382410	11384960	1.1E+07	11382410
	Percentage of Shareholding	49.89	49.88	49.89	49.88	49.88
	Notes : -
	1. Previous period's figures have been regrouped wherever necessary.
	2. The earlier financial year of the Company was for 6 months period from 01.10.2006 to 31.03.2007
	3. The above results have been reviewed by the Audit Committee and were approved by the Board of Directors at their meeting held on 15th, May 2008
	4. Status of Investors Complaints for the quarter ended 31.03.2008 : At the beginning - Nil, Received - 12, Disposed off - 12 and Unresolved - Nil.
		FOR NELCO LIMITED
	Mumbai	P. R. MENON
	Date : 15th May, 2008	CHAIRMAN