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KINETIC MOTOR COMPANY LIMITED

Regd. Off. : Plot No.2, Industrial Area No.1, Pithampur, Dist. Dhar (M.P.) 454 775

AUDITED FINANCIAL RESULTS

FOR THE QUARTER ENDED 30TH JUNE, 2007.

(Rs. in Lakhs)

            (Rs. in lakhs)
        Quarter ended 18 Months
  Particulars 30th June period ended
Sr.   31st March
No. 2007 2006 2007
     (Audited)
             
01. Sales / Income from operations      
  Gross 2451 3523 25428
  Less : Excise Duty 319 460 3386
  Net 2132 3063 22042
         
02. Other Income 176 51 585
         
03. Total Expenditure      
         
  a) (Increase)/Decrease in stock in trade (266) 368 (613)
         
  b) Consumption of raw materials  1771 1903 15690
  and components      
         
  c) Purchase of finished goods & spares for resale 299 381 3452
         
  d) Staff cost 605 486 2990
         
  e) Advertisement & Sales Promotion 415 467 2697
         
  f) Other expenditure 518 408 4075
         
04 Profit / (Loss) before Interest, Depreciation & Tax (1034) (899) (5664)
         
05 Interest 214 125 1040
         
06. Depreciation 373 154 1196
           
07. Profit / (Loss) before Tax (1621) (1178) (7900)
         
08. (Provision) / Credit for  current taxation                             -                              (2) 72
         
09. Provision for Fringe Benefit Tax (5)                          (11) (30)
         
10. Net Profit / (Loss) (1626) (1191) (7858)
         
11. Paid-up Equity share capital ( Face value of Rs. 10   1857 1857 1857
         
  per share)      
         
12. Preference Share Capital 5501                             -   5501
         
13. Reserves excluding revaluation reserves     (6885)
         
14. Basic / Diluted EPS for the period       (Rs.) (8.75) (6.41) (44.37)
  (weighted average)      
       
15. Aggregate of Public  Shareholding      
           
    No. of shares 8032050 7927950 8032050
           
      Percentage of shareholding 43.24 42.68 43.24
Notes :          
  1 The above results have been reviewed by the Auditors and taken on record by the Board of Directors of 
  the Company at their meeting held on 30th July, 2007.  
   
  2 The development of first SYM product is in final stage of testing and the product development result will  
  be confirmed by SYM Headquarter through EQ2 (Second Engineering Quality Check). The scooter will 
  be launched shortly after confirmation by SYM , Taiwan. The substantial amount of expenditure   
  incurred / investment made for the same would start yielding results soon after the product launch.
             
             
  3  As the Company's business activity falls within a single primary business segment viz., "Two wheelers and  
   its parts" and is a single geographical segment, the disclosure requirements of Accounting Standard (AS-17) 
   " Segment Reporting ", issued by The Institute of Chartered Accountants of India are not applicable. 
   
  4 Other Income includes Income from Consultancy Services - Rs. 125 lakhs (Quarter ended 30th June, 2006 
  - Rs. Nil ; 18 months period ended 31st March, 2007 - Rs. 100 lakhs).  
   
  5 During  the  quarter  ended  30th  June,  2007 the Company has not received investor complaints.  No investor
  complaint is lying unresolved as at 31st March, 2007 and 30th June, 2007.  
   
    For KINETIC MOTOR COMPANY LIMITED
   
   
   
   
Pune A.H. FIRODIA
30th July, 2007. Chairman
Notes :          
  1 The above results have been reviewed by the Auditors and taken on record by the Board of Directors of 
  the Company at their meeting held on 30th July, 2007.  
   
  2 The development of first SYM product is in final stage of testing and the product development result will  
  be confirmed by SYM Headquarter through EQ2 (Second Engineering Quality Check). The scooter will 
  be launched shortly after confirmation by SYM , Taiwan. The substantial amount of expenditure   
  incurred / investment made for the same would start yielding results soon after the product launch.
             
             
  3  As the Company's business activity falls within a single primary business segment viz., "Two wheelers and  
   its parts" and is a single geographical segment, the disclosure requirements of Accounting Standard (AS-17) 
   " Segment Reporting ", issued by The Institute of Chartered Accountants of India are not applicable. 
   
  4 Other Income includes Income from Consultancy Services - Rs. 125 lakhs (Quarter ended 30th June, 2006 
  - Rs. Nil ; 18 months period ended 31st March, 2007 - Rs. 100 lakhs).  
   
  5 During  the  quarter  ended  30th  June,  2007 the Company has not received investor complaints.  No investor
  complaint is lying unresolved as at 31st March, 2007 and 30th June, 2007.  
   
    For KINETIC MOTOR COMPANY LIMITED
   
   
   
   
Pune A.H. FIRODIA
30th July, 2007. Chairman
The Company has entered into an agreement with Citicorp Finance (India) Ltd. on 14.07.2006 in terms of
which Citicorp Finance (India) Ltd. has agreed to subscribe to the following securities subject to 
necessary approvals :
(a) 55,00,000 Secured Non-convertible Debentures of Rs. 100/- each amounting to Rs. 55 crores.
(b) 15,00,000 Fully Convertible Debentures of Rs. 65/- each amounting to Rs. 9.75 crores, convertible into 15,00,000
Equity Shares of Rs. 10/- each on 365th day from the date of allotment.
( c) 15,00,000 Equity warrants of Rs. 65/- each amounting to Rs. 9.75 crores, convertible into 15,00,000
Equity Shares of Rs. 10/- each.
The Company in its Extraordinary General Meeting held on 19.07.2006 has approved the issue of
the aforesaid securities subject to necessary approvals.
 
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