AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2010
					Rs.in Lacs
Sr.	PARTICULARS	Unaudited		Audited
No.		Quarter ended		Year ended
		31st March		31st March
		2010	2009	2010	2009
1	(a) Net sales/Income from Operations	21801.52	19442.95	67230.49	66528.68
	(b) Other Operating Income	99.60	219.41	172.07	300.53
	Total Income (a+b)	21901.12	19662.36	67402.56	66829.21
2	Expenditure
	a. (Increase)/Decrease in stocks	138.52	375.21	(334.05)	(6.12)
	b. Consumption of Raw materials & Stores	3496.25	4162.63	14474.23	20523.38
	c. Construction Expenses	13196.88	9976.76	35694.55	30466.01
	d. Other Manufacturing Expenses	341.41	471.07	1261.05	1663.30
	e. Works & Office establishments	677.45	710.18	2461.60	2271.76
	f. Employees cost	895.88	888.32	3346.14	2931.43
	g. Depreciation	187.43	147.53	671.70	491.30
	h.Other Expenditure	829.98	1049.43	2912.34	3501.93
	i. Total Expenditure	19763.80	17781.13	60487.56	61842.99
3	Profit from Operations before Other Income, Interest & Exceptional Items (1-2)	2137.32	1881.23	6915.00	4986.22
4	Other Income	32.58	1.39	36.75	10.70
5	Profit before Interest & Exceptional Items (3+4)	2169.90	1882.62	6951.75	4996.92
6	Interest (net)	577.63	496.90	1891.21	1655.56
7	Profit after Interest but before Exceptional Items (5-6)	1592.27	1385.72	5060.54	3341.36
8	Exceptional Items Income Tax (Provision) / Refund of earlier years	(424.96)	398.53	(405.24)	398.53
9	Profit from Ordinary Activities before tax (7+8)	1167.31	1784.25	4655.30	3739.89
10	Tax expenses	605.00	498.30	1798.00	1209.00
11	Net Profit from Ordinary Activities after tax ( 9-10)	562.31	1285.95	2857.30	2530.89
12	Extraordinary Items	0.00	0.00	0.00	0.00
13	Net Profit for the period ( 11-12 )	562.31	1285.95	2857.30	2530.89
14	Paid-up Equity Share Capital	484.47	484.47	484.47	484.47
	(Face Value of Rs.10 each)
15	Reserves excluding revaluation reserves			18297.37	16006.88
16	Earnings Per Share ( EPS ) Not Annualised*
a)	Basic and Diluted EPS ( in Rs.) before Exceptional Items	20.38*	18.32*	67.34	44.01
b)	Basic and Diluted EPS ( in Rs.) after Exceptional Items	11.61*	26.54*	58.98	52.24
17	Public shareholding
	-- Number of shares	1457240	1457240	1457240	1457240
	-- Percentage of Shareholding	30.08	30.08	30.08	30.08
18	Debt Service Coverage Ratio(DSCR) (No of Times)##			1.60	1.48
19	Interest Service Coverage Ratio(ISCR) (No of Times)#			3.02	2.29
20	Promoters and Promoter group Shareholding
a	Pledged/Encumbered
	-- Number of shares	NIL	NIL	NIL	NIL
	-- Percentage of shares
	(as a % of the total shareholding of promoter and promoter group)	NIL	NIL	NIL	NIL
	(as a % of the total share capital of the Company.)	NIL	NIL	NIL	NIL
b	Non - Encumbered
	-- Number of shares	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%
	(as a % of the total share capital of the Company.)	69.92%	69.92%	69.92%	69.92%
## DSCR =[Profit before Interest and exceptional & extraordinary items / (Interest Expense + Principal repayments of long-term debt during the period)]
# ISCR =[Profit before Interest and exceptional & extraordinary items / Interest Expense]
SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE YEAR ENDED 31st MARCH, 2010
					Rs.in Lacs
Sr.	PARTICULARS	Unaudited		Audited
No.		Quarter ended		Year ended
		31st March		31st March
		2010	2009	2010	2009
1	Segment Revenue
	a. Construction contracts of Water supply
	schemes, pipe supply & laying projects	21253.04	18818.49	65487.61	65250.56
	b. Others	548.48	624.46	1742.88	1278.12
	Total	21801.52	19442.95	67230.49	66528.68
	Less: Intersegment revenue	0.00	0.00	0.00	0.00
	Net Income from Operations	21801.52	19442.95	67230.49	66528.68
2	Segment Results
	Profit/(Loss) before tax and interest
	a. Construction contracts of Water supply
	schemes, pipe supply & laying projects	2593.11	2311.86	8722.48	6596.98
	b. Others	75.41	8.82	257.52	78.88
	Total	2668.52	2320.68	8980.00	6675.86
	Less: Interest	577.64	496.90	1891.21	1655.56
	Less/Add Excess of Unallocable Expenditure
	over Unallocable (Income)	498.61	438.06	2028.25	1678.94
	Total Profit before Tax	1592.27	1385.72	5060.54	3341.36
3	Capital Employed
	(Segment Assets-Segment Liabilities)
	a. Construction contracts of Water supply
	schemes, pipe supply & laying projects	33882.67	30847.10	33882.67	30847.10
	b. Others	806.33	598.22	806.33	598.22
	Unallocated	(15907.16)	(14953.97)	(15907.16)	(14953.97)
	Total Capital Employed	18781.84	16491.35	18781.84	16491.35
	STATEMENT OF ASSETS & LIABILITIES AS ON 31st MARCH, 2010
			Rs.in Lacs
	PARTICULARS	Audited	Audited
		Year ended	Year ended
		31st March	31st March
		2010	2009
	SHAREHOLDERS' FUNDS
	a) Capital	484.47	484.47
	b) Reserves & Surplus	18297.37	16006.88
	LOAN FUNDS	20529.20	18864.73
	TOTAL	39311.04	35356.08
	FIXED ASSETS	6528.77	5671.98
	INVESTMENTS	1749.72	252.12
	DEFERRED TAX ASSETS (NET)	75.80	95.80
	CURRENT ASSETS , LOANS & ADVANCES
	a) Inventories	42803.52	31787.39
	b) Sundry Debtors	1774.94	2699.65
	c) Cash and Bank Balances	2290.85	1976.74
	d) Other Current Assets	23.24	545.51
	e) Loans & Advances	8972.46	8075.30
	Less : Current Liabilities and Provisions:
	a) Liabilities	24078.81	14989.39
	b) Provisions	829.45	759.02
	Miscellaneous Expenditure
	TOTAL	39311.04	35356.08
NOTES
1)	The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th May, 2010.
2)	During the financial year 2008-09,the Company's claim U/s 80IA of the  Income Tax Act 1961 pertaining to F Y 2002-03 was allowed by the Income Tax Appellate Tribunal Mumbai as a result  the Company had taken credit for tax refund of Rs.398.53 lacs and interest of Rs.122.85 lacs in last quarter of 2008-09. The Income Tax (IT) dept preferred an appeal before the Hon'ble High Court, Mumbai. As a matter of abundant caution, the Company had created "General reserve No.II" equivalent to Income Tax Refund. The Finance Act 2009 retrospectively amended Section 80 IA to withdraw relief under this Section. Hence, the Company has made provision during March 2010 quarter of Rs.397.89 lacs towards Tax Refund which has been shown under Exeptional Items - Provision for Taxation of earlier Years and Interest thereon of Rs.185.16 lacs shown under Interest.Consequently the amount of Rs.400.00 lacs previously apportioned to "General Reserve -II " has been transferred to the Profit & Loss A/c.
3)	The Board of Directors at their meeting held on 26th May,2010 have recommended payment of dividend of Rs.10/- per equity share of Rs.10/-each (100 %) subject to approval of shareholders for the financial year 2009-10. Previous year Rs.8.50/- per equity share (85%).
4)	The Board of Directors at their meeting held on 26th May,2010 approved sub-division of the nominal face value of existing one Equity Share of Rs.10/- into five Equity Shares of Rs.2/- each, subject to approval of the Shareholders in the ensuing Annual General Meeting.
5)	The balance value of the work as on date is Rs.1315.30 Crores as against Rs.1498.50 Crores in the corresponding period of the previous year.
6)	No Investor complaints were pending at the beginning and at the end of the quarter. Two Investor complaints were received and resolved during the quarter
7)	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: 26th May, 2010		CHAIRMAN & MANAGING DIRECTOR