(Rs.in Lakh)

Quarter ended

Nine months ended

Year ended

Particulars

31st December

31st December

31st March,

2005

2005

2004

2005

2004

(Audited)

Sales/Income from Operations-Gross

17,496

12,642

44,298

39,557

        54,597

Less: Excise Duty on Sales

              925

             781

          2,593

          2,227

          3,175

Sales/Income from Operations-Net

         16,571

         11,861

         41,705

         37,330

        51,422

Other Income

              332

             614

             909

             886

          1,167

Total Income

        16,903

        12,475

        42,614

        38,216

       52,589

Total Expenditure

(Increase)/decrease in stock in trade

          (1,197)

            (734)

         (4,089)

         (1,378)

             106

Consumption of raw materials

           7,332

          5,177

         18,846

         14,923

        19,783

Consumption of stores and spare parts

           1,883

          1,557

          5,349

          4,472

          5,968

Staff cost

           1,254

          1,104

          3,517

          3,298

          4,351

Electricity charges

           1,562

          1,043

          4,263

          3,653

          4,697

Other expenditure

           2,584

          1,737

          6,594

          6,276

          8,252

Profit before Interest, Depreciation and Tax

          3,485

          2,591

          8,134

          6,972

         9,432

Interest

              537

             257

          1,313

             753

          1,063

Profit after Interest

          2,948

          2,334

          6,821

          6,219

         8,369

Depreciation

              663

             535

          1,831

          1,595

          2,069

Profit before Tax

          2,285

          1,799

          4,990

          4,624

         6,300

Provision for Taxation - Current

              215

             550

             425

          1,327

          1,140

                                   - Deferred

              530

              (20)

             975

               13

             360

                                   - Fringe Benefit

                20

               -  

               52

               -  

               -  

Net Profit

          1,520

          1,269

          3,538

          3,284

         4,800

Paid-up Equity Share Capital

           2,938

          2,938

          2,938

          2,938

          2,938

( Face Value Rs.10/- each )

Reserves excluding Revaluation Reserve

       38,493

Basic and Diluted Earnings per share (Rs.)    

             5.17

            4.32

          12.04

          11.18

          16.34

Aggregate of non-promoter shareholding

- Number of shares

   13,689,584

  13,934,715

  13,689,584

  13,934,715

  13,828,439

- Percentage of shareholding

           46.60

          47.43

          46.60

          47.43

          47.07

(Rs.in Lakh)

Particulars

Quarter ended

Nine months ended

Year ended

31st December

31st December

31st March,

2005

2005

2004

2005

2004

(Audited)

1

SEGMENT REVENUE -

Graphite and Carbon

            15,400

          11,025

         39,266

           34,514

                47,746

Power

              1,743

            1,624

           4,830

             4,644

                  6,245

Others

              1,421

               890

           3,053

             2,863

                  3,935

Total

            18,564

          13,539

         47,149

           42,021

                57,926

  Less: Inter Segment Revenue

              1,993

            1,678

           5,444

             4,691

                  6,504

Sales/Income from Operations-Net

           16,571

         11,861

        41,705

         37,330

               51,422

2

SEGMENT RESULTS -

Profit before tax and interest

Graphite and Carbon

              2,132

            1,004

           4,775

             3,789

                  5,389

Power

                 612

               514

           1,625

             1,506

                  2,062

Others

                 275

               146

              491

                431

                     436

Total

              3,019

            1,664

           6,891

             5,726

                  7,887

  Less:

    Interest

                 537

               257

           1,313

                753

                  1,063

   Other un-allocable expenditure/(income) - net

                 197

              588

                349

Total Profit Before Tax

             2,285

             1,799

            4,990

              4,624

                  6,300

3

CAPITAL EMPLOYED -

 (Segment Assets - Segment Liabilities)

Graphite and Carbon

            64,633

          48,014

         64,633

           48,014

                53,285

Power

              9,089

            9,616

           9,089

             9,616

                  9,219

Others

              4,262

            3,377

           4,262

             3,377

                  3,484

Total

            77,984

          61,007

          77,984

           61,007

                 65,988

Notes :

1

The above results have been reviewed by Audit Committee and approved by the Board at its meeting held on 27th January, 2006. The Auditors of the Company have carried out a Limited Review of the financial results for the quarter and the nine months ended 31st December, 2005 in terms of Clause 41 of the Listing Agreement with Stock Exchanges.

2

The above results are unconsolidated and do not include results of wholly owned subsidiaries.

3

Expansion of capacity of Graphite Electrodes at Durgapur Plant from 14000 MT to 34000 MT has been fully commissioned during the quarter ended 31st December, 2005.

4

The Company issued 1% Foreign Currency Convertible Bonds (FCCB) due 2010 of USD 40 million during the quarter ended 31st December, 2005 convertible at a price specified in the Offering Circular dated 18th October, 2005. In view of the average market price of equity shares of the Company being less than the applicable conversion price, the conversion option embedded in the said Bonds is considered as anti-dilutive and accordingly not considered for computation of diluted earnings per share.

5

Generation of power at hydro electrical plants is seasonal in nature.

6

No investor complaint was pending at the beginning of the quarter ended 31st Deceember, 2005. During the quarter, nine complaints were received. All the complaints were disposed off / attended to  and there were no complaints pending as of  31st December, 2005.

7

Figures for the previous period have been re-grouped / re-arranged where necessary.

Place : Kolkata

Date  :  27th January, 2006.