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Item 1
ICICI Limited
AUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED SEPTEMBER 30, 2000
(Rs. inMillion)
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QUARTER QUARTER HALF-YEAR HALF-YEAR YEAR
ENDED ENDED ENDED ENDED ENDED
SEP. 30, 2000 SEP. 30, 1999 SEP. 30, 2000 SEP. 30, 1999 MAR. 31, 2000
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<S> <C> <C> <C> <C> <C>
1 Net sales /income from operations 21,727.8 20,475.4 43,022.1 40,285.1 84,049.1
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2 Other income 150.7 74.4 310.4 110.5 544.8
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3 Total Expenditure(excluding Staff Cost) 1,600.3 1,431.9 3,305.9 2,733.7 6,568.3
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4 Staff Cost 242.4 168.2 499.4 372.3 708.6
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5 Interest (including interest tax and
Expenses on Borrowings) 16,293.1 15,042.3 31,659.6 29,547.8 60,055.6
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6 Depreciation 973.5 809.2 1,963.7 1,754.9 3,983.9
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7 Profit before tax 2,769.2 3,098.2 5,903.9 5,986.9 13,277.5
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8 Provision for taxation 230.0 320.0 490.0 590.0 1,220.0
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9 Net Profit after tax 2,539.2 2,778.2 5,413.9 5,396.9 12,057.5
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10 SEBI adjustments relating to change in
accounting policies for corresponding
previous periods - - - - -
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11 Adjusted Profit after taxation 2,539.2 2,778.2 5,413.9 5,396.9 12,057.5
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12 Profit after tax reported earlier 2,539.2 2,778.2 5,413.9 5,396.9 12,057.5
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13 Adjustments relating to earlier years/
change in accounting policies - 411.3 - 411.3 405.4
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14 Taxation earlier years - - 36.7
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15 Profit for the period 2,539.2 3,189.5 5,413.9 5,808.2 12,499.6
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16 Paid up Equity Share Capital 7,845.3 7,438.3 7,845.3 7,438.3 7,830.6
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Including Equity Share Capital Suspense
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17 Reserves excluding Revaluation Reserves 77,737.0 68,399.5 77,737.0 68,399.5 72,394.7
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18 Earning Per Share (Rs) @ 3.2 3.2 6.8 6.2 14.0
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@ EPS for all periods has been calculated based on 785 million shares
outstanding.
During the half-year ended September 30, 2000 the following companies have become subsidiaries of ICICI Limited:
Name of the Subsidiary Date of becoming subsidiary
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1. Traveljini.com (P) Limited May 11, 2000
2. ICICI ePayments Limited April 10, 2000
3. Cafe Network Limited July 20, 2000
4. ICICI Prudential Life Insurance Company Limited July 20, 2000
5. Billjunction Payment Limited September 8, 2000
6. ICICI Eco-Net Limited September 25, 2000
The above results were taken on record by the Board of Directors of the Company
at its meeting held on October 20, 2000.
For further investor queries:
Contact: A.P Singh at 91-22-653 6262 or email at [email protected]
END
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