BIHARIJI ISPAT UDYOG LIMITED

602, Chiranjiv Tower, 43, Nehru Place
New Delhi -110 019

Unaudited Financial Results (Provisional) of three months ended 30th June,2006

Rs. In Lacs
Particulars		Three Months ended 30.06.2006	Corresponding Three Months of previous year ended 30.06.2005	Year ended 31.03.2006 (Audited)
1.	Net Sales/Income from operations	58.13	146.87	842.23
2.	Other Income	46.14	173.63	187.98
3.	Total Expenditure
	(a) Cost of Goods sold	48.04	144.97	852.74
	(b) Staff Cost	0.76	0.21	2.24
	(c) Other expenditure (Any item exceeding 10% of total expenditure to be shown separately)	5.78	5.43	22.13
4.	Interest	9.41	-	22.21
5.	Depreciation	0.74	1.12	3.06
6.	Profit(+)/Loss(-) before tax (1+2)-(3+4+5)	(+)39.54	(+)168.77	(+)127.83
7.	Provision for taxation	-	-	1.43
8.	Net Profit(+)/Loss (-) ( 6-7 )	(+)39.54	(+)168.77	(+)126.40
9.	Paid up equity share capital (face value of Rs.10/- each)	600.00	600.00	600.00
10.	Reserve excluding revaluation reserve (as per balance sheet of previous accounting year to be given in column ( 5 )			1,330.37
11.	Basic and diluted EPS for the period for the year to date and for the previous year (not to be annualised)	0.66	2.81	2.13
12.	Aggregate of Non- promoter Shareholding
	-No of Shares	4421240	4720790	4720790
	-Percentage of Shareholding	73.69%	78.68%	78.68%

NOTES :
1. The above unaudited results have been prepared on the basis of accounting policies adopted by the company for preparing the statutory accounts in the past and after having duly reviewed by the Audit Committee, were taken on record by the Board of Directors in their Meeting held on 31.07.2006

2. Provision has not been made for decrease in market value of quoted investment amounting to Rs 8.31 Lac (as on 31.3.2006) being considered Temporary in nature

3. During the quarter ended on 30.06.2006 no investor complaints were received. There were no investor complaints, pending for redressal as at the commencement and end of the quarter.

New Delhi
31st, July.2006

By Order of the Board,
For Bihariji Ispat Udyog Ltd.
SD/-
Director

JOTINDRA STEEL & TUBES LTD

Regd Office & Works: 14/3, Mathura Road, Faridabad - 121003 (Haryana)

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) OF THREE MONTHS ENDED ON 30.06.2006
	Three Months ended on	Corresponding three months in the previous year	Audited figures for thePrevious Year
	30.06.2006	30.06.2005	2005-06

1. Net Sales / Income from operations	2980	1439	9562
2. Other Income	19	27	103
3. Total expenditure
(a) (Increase) / Decrease in	87	18	-141
stock - in - trade	87	18	-141
(b)Consumption of Raw material / purchase for sales	2569	1155	8297
(c)Staff Cost	13	12	57
(d)Other expenditure (any item	251	207	1171
exceeding 10% of the total
expenditure to be shown separately)
4. Interest	38	35	127
5. Depreciation	5	8	23
6.Gross Profit (+)/Loss(-) before tax (1+2-3-4-5)	(+) 36	(+) 31	(+) 131
7. Provision for taxation	9	3	28
8. Net Profit (+) Loss(-) (6-7)	(+) 27	(+) 28	(+) 103
9. Paid - up equity share capital	300	300	300
(face value of Rs. 10/- each)	300	300	300
10. Reserves excluding revaluation reserves	..	..	176
(as per Balance Sheet of previous
accounting year) to be given in col. (5)
11. Basic and diluted EPS for the period,	0.9	..	3.43
for the year to date and for the previous
year (not to be annualised)
12.Aggrerate of Non-Promoter
Shareholding No of Shares	1326470	1326470	1326470
Percentage of Shareholding (%)	44.19	44.19	44.19

NOTES:

1. The Results for the Quarter ended 30.6.06 are below the expectations mainly because of lower Sales relisation of M.S. Ingots due of market condition.

2. The above un-audited results have been prepared on the basis of accounting policies adopted by the company for preparing the statutory accounts in the past and were taken duly reviewed by the Audit Committee on record by the Board-of-Directors in their meeting held on 31-07-2006.

3. During the quarter ended 30-06-2006 no investor complaints were received. There were no investors complaint pending for redressal as at commencement and end of the quarter.

	By Order of the Board
	For: JOTINDRA STEEL & TUBES LTD.

FARIDABAD	A.K.SUREKA
31.07.2006	MANAGING DIRECTOR

Format for Annual Reporting of Segment wise Revenue, Results and Capital Employed

Under Caluse 41 of the Listing Agreement
	Three Months ended on	Corresponding three months in the previous year	Audited figures for the Previous year
	30.06.2006	30.06.2005	2005-06
	-1	-2	-5
1. Segment Revenue (net sales / income from each segment should be disclosed under this head)
(a) Segment - A - Pipe & Furnace division	2980	1439	9562
(b) Others	19	27	103
Total	2999	1466	9654
Less: Inter segment revenue

Net sales / income from operations	2999	1466	9654
2. Segment ResultsProfit (+) / Loss (-) before tax andinterest from each segment *
(a) Segment - A - Pipe & Furnace division	58	39	167
(b) Others	16	27	92
Total	74	66	259
Less:1 Interest **	38	35	127
2. Other un-allocable expenditure net off un-allocable income
Total Profit before tax	36	31	132
* Profit / Loss before tax and after interest in case of segments having operations which are primarily of financial nature.
** Other than the interest pertaining to the segments having operations which are primarily of financialnatureCapital Employed #(Segment assets - Segment Liabilities)
(a) Segment - A - )	476	401	476
(b) Others
Total	476	401	476

NOTES:

1. Segment revenue, Segment results, Segment assets and segment liabilities shall have the same meaning as defined in the accounting standards on segment reporting (AS - 17) issued by ICAI.

2. The above information shall be furnished for each of the reportable primary segments as identified in accordance with AS-17 issued by ICAI.

3. For the quarters ending upto June 30, 2006 reporting of figures for the previous year under columns 2, 4 and 5 is not mandatory # Capital employed is common for all the segments.

	By Order of the Board
	For: JOTINDRA STEEL & TUBES LTD.

FARIDABAD	A.K.SUREKA
31.07.2006	MANAGING DIRECTOR