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STANDALONE SEGMENT WISE REVENUE, RESULTS & CAPITAL EMPLOYED UNDER CLAUSE 41 OF THE LISTING AGREEMENT FOR THE QUARTER ENDED 30th JUNE, 2010

Investor

Financials

Shareholders Information

			( Rs. in lacs )
	Three months ended		Previous
Particulars	30.06.2010 (Unaudited)	30.06.2009 (Unaudited)	Accounting Year ended 31.03.2010 (Unaudited )
1.Segment Revenue
(a) Petrochemical	506.52	472.14	1,581.47
(b) Trading	754.47	745.31	3,515.29
(c) Liquid Colorants	3.20	-	-
Total	1,264.19	1,217.45	5,096.76
Less: Inter Segment Revenue	-	-	-
Net Sales / Income from Operations	1,264.19	1,217.45	5,096.76
2.Segment Results
[Profit(+)/Loss(-) before tax and
Interest from each segment ]

(a) Petrochemical	80.24	128.45	265.54
(b) Trading	11.73	20.24	71.63
(c) Liquid Colorants	(6.40)	-	-
Total	85.58	148.69	337.17
Less:(i) Interest	(215.06)	(50.63)	(384.99)
(ii) Other unallocable income net off	520.53	206.60	1,429.33
unallocable expenditure

(iii) Exceptional item	-	-	-
Total Profit Before Tax	391.04	304.66	1,381.51

3.Capital Employed
(Segment Assets - Segment Liabilities)

(a) Petrochemical	661.27	681.42	524.61

(b) Trading	2.68	321.59	124.30

(c) Liquid Colorants	451.03	-	-

(d) Unallocable	16,276.23	10,860.07	16,433.06

Total	17,391.20	11,863.08	17,081.97

NOTES :

1.The above results have been reviewed by Audit Committee and were taken on record by the Board of Directors at their meeting held on 10th August, 2010 and are subject to a limited review by the Auditor of the Company.

2. Previous period / year's figures are regrouped / rearranged wherever necessary to make them comparable with those of the current period.

3. The Board of Directors of the Company at their meeting held on 27th November, 2009 has, subject to approvals of Shareholders,Stock Exchange, Hon’ble High Court Bombay and other approvals as may be necessary, approved the scheme of amalgamation of Naman Tradvest Pvt Ltd & Zeuxtile Investments Pvt Ltd with the company. The appointed date for amalgamation is 1st October, 2009. The equity shareholders and unsecured creditors of the Company at their respective meeting held on 1st June, 2010 has approved the said scheme of amalgamation. The meeting of secured creditors was dispensed with the approval of Hon’ble High Court Bombay. No effect of amalgamation is given in the above results pending approval from the Hon’ble High Court Bombay.

4. Dilluted EPS for the quarter ended 30th June, 2010 and previous accounting year ended 31st March, 2010 are anti-dilutive in nature, hence basic EPS is reported.

5. The Company has set up and commissioned plant for manufacturing Liquid colorants, in technical collaboration with M/s. Colormatrix U.K., at M.I.D.C. Murbad, District Thane on 16th May, 2010.

6. The Company has become a partner in a newly formed Limited Liability Partnership (LLP) with effect from 12th July, 2010, the date of incorporation of LLP.

7. No. of investors complaints received during the quarter ended 30th June, 2010 opening Nil, received 7, disposed off 7 and pending Nil.

By Order of the Board For Oricon Enterprises Ltd.

Place : Mumbai Date : 10th August, 2010	( Rajendra Somani ) Managing Director

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