PUNJAB TRACTORS LIMITED
Regd. Office : Phase IV, S.A.S.Nagar - 160 055, Punjab
UNAUDITED FINANCIAL RESULTS (PROVISIONAL)
FOR THE FIRST QUARTER ENDED 30TH JUNE, 2008
      Rs. Crores
  Unaudited Audited
  Quarter Ended Year Ended
  30.06.2008 30.06.2007 31.03.2008
       
Net Sales / Income form Operations 314.10 173.90 969.59
Other Income 2.60 - 2.39
Total Income 316.70 173.90 971.98
       
Expenditure      
a) (Increase) / Decrease in Stock in Trade and W.I.P. (2.20) 9.40 (2.82)
b) Consumption of Raw Materials  228.20 111.90 675.64
c) Purchase of Traded Goods 1.40 2.10 7.82
d) Employees Cost 33.20 25.10 107.99
e) Depreciation 4.40 4.10 16.92
f) Other Expenditure 25.00 18.90 83.90
Total Expenditure 290.00 171.50 889.45
       
Profit Before Interest & Tax 26.70 2.40 82.53
       
Net Interest (5.30) (2.00) (14.58)
       
Profit Before Tax  32.00 4.40 97.11
       
Tax Expenses  - Current 10.50 1.60 36.03
                         - Fringe Benefit 0.26 0.23 1.18
                         - Deferred (1.20) (0.73) (5.27)
                         - Total 9.56 1.10 31.94
       
Profit After Tax 22.44 3.30 65.17
       
       
Paid-up Equity Share Capital (Face Value Rs.10/-) 60.76 60.76 60.76
Reserves (excluding Revaluation Reserves) -- -- 604.08
       
       
Basic / Diluted Earning Per Share (not annualised) Rs. 3.69 Rs. 0.54 Rs. 10.73
       
       
Public Shareholding      
  -  Number of Shares 2,14,85,535 6,07,55,700 2,14,85,535
  -  Percentage of Shareholding 35.4% 100.0% 35.4%
       


The above results have been subjected to a 'Limited Review' by Auditors of the Company and were approved by the Board of Directors in their meeting held at New Delhi on 21st July, 2008.

The Company is primarily engaged in the business of tractors & self propelled harvester combines. As the basic nature of these activities are governed by same set of risk and returns, these have been grouped as single segment in above disclosures as per Accounting Standard 17 dealing with "Segment Reporting".

The Company did not have any investor complaints pending as on 1st April, 2008 and 30th June, 2008. There was one investor complaint received and disposed off within the said quarter.

Previous year figures have been regrouped / recast, wherever necessary.
for and on behalf of
the Board of Directors



(Anjanikumar Choudhari)
Chairman