HBL Power Systems Ltd
(Formerly known as HBL Nife Power Systems Ltd)
8-2-601, Road No.10
Banjara Hills
Hyderabad - 500 034
Unaudited Financial Results for the Half year ended 30th September 2008											(Rs.Lacs)
	Particulars		Quarter ending				Half year ending				Previous year			Quarter ending
			30-Sep-08		30-Sep-07		30-Sep-08		30-Sep-07		ended			30-Jun-08		30-Jun-07
				%		%		%			31-Mar-08	%			%
			(unaudited)		(unaudited)		(unaudited)		(unaudited)		(Audited)			(unaudited)		(unaudited)
1	Net Sales / Income from operations		34281		26073		65955		39955		97276			31674	#REF!	13882
2	Other Income		73		52		149		106		370			76		54
3	Total Income (1+2)		34354		26125		66104		40061		97646			31750		13936
4	Expenditure						55634							25488		12359
	a)	(Increase) / Decrease in stock in trade and
		Work in Progress	(1096)		(3651)		247		(6363)		(6032)			1343		(2712)
	b)	Consumption of Raw materials	24714	68.89%	22450	72.10%	43082	65.69%	34152	69.55%	70257	66.02%		18368	57.50%	11702
	c)	Purchase of traded Goods	-						-
	d)	Employee Cost	1886	5.50%	1527	5.86%	3826	5.80%	2656	6.65%	5974	6.14%		1940	5.66%	1129
	e)	Depreciation	530	1.55%	275	1.05%	1065	1.61%	550	1.38%	1546	1.59%		535	1.56%	275
	f)	Other Expenditure	4112	12.00%	2952	11.32%	7414	11.24%	4917	12.31%	11597	11.92%		3302	9.63%	1965
	g)	Total	30146		23553	1	55634	1	35912	1	83342			25488		12359
5	Interest		966	2.82%	588	2.26%	1885	2.86%	1157	2.90%	3175	3.26%		919	2.68%	569
6	Exceptional items		-		-		-		-		-
7	Profit (+) / Loss (-) from ordinary activities
	before Tax (3) - (4+5+6 )		3242		1984	-1	8585	-1	2992	-1	11129			5343	(0)	1008
8	Tax Expense		1136		785		2998		1180		4317			1862		395
9	Net Profit (+) / Loss (-) from ordinary
	activities after Tax (7-8)		2106	#REF!	1199	-1	5587	-1	1812	-1	6812	7.00%		3481	10.15%	613
10	Extraordinary Items (net of tax expense Rs.      )		-		-		-		-		103
11	Net Profit (+) / Loss (-) for the period (9-10)		2106		1199	-1	5587	-1	1812	-1	6709			3481		613
12	Paid up share capital
	(face value Rs.10/- each)		2428		2428		2428		2428		2428			2428		2428
13	Reserves excluding revaluation reserves
	(as per Balance sheet of previous
	accounting year)		-		-		27836		-		21553
14	Earnings Per Share (EPS)
	a)	Basic Diluted EPS before Extraordinary
		items for the period, for the year to date and
		for the previous year  (not  annualised)	8.67		4.94	#DIV/0!	23.01	#DIV/0!	7.46		28.06			14.34
	b)	Basic Diluted EPS after  Extraordinary
		items for the period, for the year to date and
		for the previous year  (not  annualised)	-		-		23.01		7.46		27.63			14.34		3.03
15	Public share holding
		Number of shares	7221929	7236371	7236371	7236371	7221929	7236371	7236371		7225834			7236371		5183952
		Percentage of share holding	29.74%		29.81%		29.74%		29.81%		29.76%			29.81%		23.48%
1	The above results were reviewed and recommended by the Audit Committee at its meeting held on 03rd November, 2008
2	The above results were taken on record and approved by the Board of Directors at their meeting held 03rd November,2008
3	Details of investors complaints for the quarter ended 30th Sept 2008: Beginning: Nil  Received: 12  Disposed off: 12
	Pending: Nil
							By order of the Board
	Place : Hyderabad						M Kavita Prasad
	Date  : 03rd November 2008						Director