UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH SEPTEMBER, 2009
						Rs.in Lacs
Sr.	PARTICULARS	Unaudited (Reviewed)		Unaudited (Reviewed)		Audited
No.		Quarter ended		Half Year ended		Year ended
		30th September		30th September		31st March
		2009	2008	2009	2008	2009
1	(a) Net sales/Income from Operations	16147.21	16852.59	28744.39	30135.09	66528.68
	(b) Other Operating Income	17.40	13.63	40.52	61.30	300.53
	Total Income (a+b)	16164.61	16866.22	28784.91	30196.39	66829.21
2	Expenditure
	a) (Increase)/Decrease in stocks	(48.10)	12.28	(321.19)	(0.14)	(6.12)
	b) Consumption of Raw materials & Stores	3927.72	5808.76	7299.87	10853.73	20523.38
	c) Construction Expenses	8128.15	7561.59	13890.85	12664.33	30466.01
	d) Other Manufacturing Expenses	316.78	413.13	576.67	786.41	1663.30
	e) Works & Office establishments	630.36	527.72	1168.51	963.03	2256.03
	f) Employees cost	819.20	655.69	1588.61	1306.02	2931.43
	g) Depreciation	162.99	115.54	305.33	216.42	491.30
	h) Other Expenditure	613.39	885.68	1254.12	1462.97	3517.66
	i) Total Expenditure	14550.49	15980.39	25762.77	28252.77	61842.99
3	Profit from Operations before Other Income, Interest & Exceptional Items (1-2)	1614.12	885.83	3022.14	1943.62	4986.22
4	Other Income	0.61	1.12	2.81	8.11	10.70
5	Profit before Interest & Exceptional Items (3+4)	1614.73	886.95	3024.95	1951.73	4996.92
6	Interest (net)	432.62	380.89	906.19	656.43	1655.56
7	Profit after Interest but before Exceptional Items (5-6)	1182.11	506.06	2118.76	1295.30	3341.36
8	Exceptional Items
	a) Tax Refund for earlier years (net)	0.00	0.00	0.00	0.00	398.53
	b) Excess Provision of Tax for earlier years written back	0.00	0.00	19.72	0.00	0.00
9	Profit from Ordinary Activities before tax (7+8)	1182.11	506.06	2138.48	1295.30	3739.89
10	Tax expenses	399.00	190.00	730.00	472.00	1209.00
11	Net Profit from Ordinary Activities after tax (9-10)	783.11	316.06	1408.48	823.30	2530.89
12	Extraordinary Items	0.00	0.00	0.00	0.00	0.00
13	Net Profit for the period (11-12)	783.11	316.06	1408.48	823.30	2530.89
14	Paid-up Equity Share Capital	484.47	484.47	484.47	484.47	484.47
	(Face Value of Rs.10 each)
15	Reserves excluding revaluation reserves					16006.88
16	Earnings Per Share ( EPS ) Not Annualised*
	a) Basic and Diluted EPS (in Rs.) before Exceptional Items	16.16*	6.52*	28.67*	16.99*	44.01
	b) Basic and Diluted EPS (in Rs.) after Exceptional Items	16.16*	6.52*	29.07*	16.99*	52.24
17	Public shareholding
	-- Number of shares	1457240	1457240	1457240	1457240	1457240
	-- Percentage of Shareholding	30.08	30.08	30.08	30.08	30.08
18	Promoters and Promoter group Shareholding
	a) Pledged/Encumbered
	-- Number of shares	NIL	NIL	NIL	NIL	NIL
	-- Percentage of shares
	( as a % of the total shareholding of promoter and promoter group)	NIL	NIL	NIL	NIL	NIL
	(as a % of the total share capital of the Company.)	NIL	NIL	NIL	NIL	NIL
	b) Non - Encumbered
	-- Number of shares	3387477	3387477	3387477	3387477	3387477
	-- Percentage of shares
	( as a % of the total shareholding of promoter and promoter group)	100.00%	100.00%	100.00%	100.00%	100.00%
	(as a % of the total share capital of the Company.)	69.92%	69.92%	69.92%	69.92%	69.92%
SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED
FOR THE QUARTER ENDED 30TH SEPTEMBER, 2009
						Rs.in Lacs
Sr.	PARTICULARS	Unaudited (Reviewed)		Unaudited (Reviewed)		Audited
No.		Quarter ended		Half Year ended		Year ended
		30th September		30th September		31st March
		2009	2008	2009	2008	2009
1	Segment Revenue
	a. Construction contracts of Water supply
	schemes, pipe supply & laying projects	15704.84	16702.80	28048.37	29683.99	65250.56
	b. Others	442.37	149.79	696.02	451.10	1278.12
	Total	16147.21	16852.59	28744.39	30135.09	66528.68
	Less: Intersegment revenue	0.00	0.00	0.00	0.00	0.00
	Net Income from Operations	16147.21	16852.59	28744.39	30135.09	66528.68
2	Segment Results
	Profit/(Loss) before tax and interest
	a.Construction contracts of Water supply
	schemes, pipe supply & laying projects	2071.91	1263.22	3915.81	2716.70	6596.98
	b. Others	59.00	(1.15)	95.06	9.05	78.88
	Total	2130.91	1262.07	4010.87	2725.75	6675.86
	Less: Interest	432.62	380.89	906.19	656.43	1655.56
	Less : Excess of Unallocable Expenditure
	over Unallocable Income	516.18	375.12	985.92	774.02	1678.94
	Total Profit before Tax	1182.11	506.06	2118.76	1295.30	3341.36
3	Capital Employed
	(Segment Assets-Segment Liabilities)
	a.Construction contracts of Water supply
	schemes, pipe supply & laying projects	34149.09	28521.33	34149.09	28521.33	30847.10
	b. Others	702.18	572.41	702.18	572.41	598.22
	Unallocated	-16951.44	-13828.17	-16951.44	-13828.17	-14953.97
	Total Capital Employed	17899.83	15265.57	17899.83	15265.57	16491.35
NOTES
1)	The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 29th October, 2009.
2)	The Statutory auditors of the company have carried out a limited review of the financial results for the quarter ended 30th September, 2009.
3)	The balance value of the orders on hand as on date is Rs.1419 Crores as against Rs.1471 Crores in the corresponding period of the previous year.
4)	No Investor complaints were pending at the beginning and at the end of the quarter. Seven Investor complaints were received and resolved during the quarter.
5)	During the previous financial year 2008-09, the Company's claim under Section 80IA of the Income Tax Act,1961for the financial year 2002-03 was allowed by the Income Tax Appellate Tribunal, Mumbai, as a result of which the Company had taken credit for tax refund received of Rs.398.53 lacs and interest of Rs.122.85 lacs and as a matter of abundant caution had created "General Reserve No II" by appropriation of an amount equivalent to Income Tax Refund. Though the Finance Act 2009, retrospectively amended explanation to Section 80IA, the Company based on legal advice from senior tax counsel, expects to succeed on this issue in the departmental appeal before the Hon'ble High Court, Mumbai. The Income Tax provisions for all other financial years are without considering benefits U/s 80IA.
6)	The figures for the prior period have been regrouped and rearranged wherever necessary.
			For THE INDIAN HUME PIPE CO. LTD.
Mumbai			RAJAS R DOSHI
Date: 29th October, 2009			CHAIRMAN & MANAGING DIRECTOR