TRF Beats Economic Slowdown

Kolkata
May 19, 2009



The Board of Directors of TRF Limited adopted the Annual Accounts for the F.Y. 2008-09 of the Company at their meeting held in Kolkata on May 19, 2009.

During the year, the Company has achieved its highest ever stand alone turnover of Rs. 53165.64 lakhs (P.Y. Rs. 36284.53 lakhs), registering an increase of 47%. Profit before tax, from ordinary activities was also highest ever at Rs.7028.75 lakhs (P.Y. Rs. 5002.06 lakhs), an increase of 41%. Profit from ordinary activities after tax was Rs. 4552.83 lakhs (P.Y. Rs. 3205.84 lakhs), an increase of 42%. Earning per share before extraordinary income, as on March 31, 2009 was Rs. 82.75 (P.Y. Rs. 58.26), registering a growth of 42%.

Company has also achieved an all time high consolidated turnover of Rs. 72379.98 lakhs (P.Y. Rs. 44627.80 lakhs), registering an increase of 62%. Profit before tax, from ordinary activities was also highest ever at Rs. 6515.90 lakhs (P.Y. Rs.6089.46 lakhs), an increase of 7%. Profit from ordinary activities after tax was Rs. 4048.82 lakhs (P.Y. Rs. 3216.42 lakhs), registering a growth of 26%.

TRF Plant at Jamshedpur has recorded highest ever production of Rs. 16025 lakhs, (P.Y. Rs. 12065 lakhs), an increase of 33%.

As a result of all time high record performance, the Board is pleased to declare a dividend of 120%, (P.Y. 100%).


For TRF Limited
Prashant Kumar (Rajen Sahay)

Company Secretary Head, Corporate Communications

TRF Ltd is a pioneer in engineering and supply of material handling equipment and systems for five decades. The company also owns a subsidiary, York Transport Equipment (Asia) Pte Limited, Singapore, which is engaged in the business of production and distribution of trailer undergears, with a market presence in 27 countries. TRF has expanded its business through York Transport Equipment (Asia) Pte Ltd by starting manufacture of axles in India.

AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2009

TRF Pays 20% Bonus (News Report)

TRF Beats Recession, Shows 47% Increase in Profit