NELCO LIMITED
Regd. Office: Francysters Cybernetics Centre, Eucharistic Congress building No. III , 5, Convent Street , Colaba, Mumbai -400 039.
Unaudited Financial Results for the Three Months Period ended 30th , June 2008
				Rs. In Lakhs
Sr.	Particulars	3 Months	3 Months	12 Months
No.		period ended	period ended	period ended
		30.06.2008	30.06.2007	31.03.2008
		(Reviewed)	(Audited)	(Audited)
1.	Sales / Income from Operations	1995	1623	21050
	Less : Excise Duty	62	91	1315
	Net Sales / Income from Operations	1933	1532	19735
2.	Other Income	27	24	155
3.	Total Income	1960	1556	19890
4.	Total Expenditure
	a) (Increase)/Decrease in Stock in Trade and Work in Progress	(729)	(75)	570
	b) Consumption of Raw Materials	977	161	5627
	c) Purchase of Finished Goods & Spares	657	322	2922
	d) Expenditure on Property Development	-	-	2553
	e) Employee Cost	615	564	2404
	f ) Depreciation	96	106	436
	f). Property Development Expenses		-	-
	g) Other Expenditure	750	643	3573
	Total Expenditure	2366	1721	18085
5.	Interest	294	268	1082
6.	Deferred Revenue Expenditure (Voluntary Retirement Scheme)	24	32	126
7.	Profit/(Loss) before Tax	(724)	(465)	597
8.	Tax Expense
	a) Current Tax	-	-	60
	b) Deferred Tax	(248)	13	162
	c) MAT Credit Availed	-	-	(120)
	d) Fringe Benefit Tax Provision	13	-	48
	e) Short / (Excess) Tax Provision For Earlier Years	-	-	4
9.	Net Profit/(Loss) After Tax	(489)	(676)	443
	Add : Brought forward from previous year		-	(279)
	Add : Transfer from General Reserve	-	-	-
	Profit and Loss - Debit Balance (Net)	-	-	-
10.	Paid up Equity Share Capital ( face value Rs.10/-)	2282	2282	2282
11.	Reserve excluding Revaluation Reserve	-	-	164
12.	EPS (Rs.)- Basic & Diluted-not annualised	(2.14)	(2.96)	1.94
13.	Aggregate of non-promoter shareholding
	Number of Shares	11384960	11382860	11384960
	Percentage of Shareholding	49.89	49.88	49.89
	Notes : -
	1. Previous period's figures have been regrouped wherever necessary.
	2. Due to the nature of project business, financial performance is not uniform across the quarters. Hence financial results for the quarter are not representative of the annual results.
	3.The above results have been reviewed by the Audit Committee and were taken on record by the Board of Directors in their meeting held on 22nd July , 2008 and have been subjected to a limited review by the Companys statutory auditors.
	4. Status of Investors Complaints for the quarter ended 30.06.2008; - At the beginning - nil, Received -3, Disposed off -3 and unresolved - Nil
		FOR NELCO LIMITED
	Mumbai	PRASAD MENON
	Date : 22nd July 2008	CHAIRMAN