Everest Kanto Cylinder Ltd has informed BSE that the Company had recently announced its audited financial results for the year ended March 31, 2008. As per the audited results, the total sales revenue for the year was Rs 528.74 Cr. (growth of 24.4% YoY) and Profit after Tax was at Rs 104.27 Cr (growth of 45% YoY). The said PAT is after providing for foreign exchange derivative loss of Rs 8.22 Cr. which occurred due to the fall in the US Dollar vis a vis other major currencies. The said PAT is also after a past year’s one time tax adjustment of Rs 3.32 Cr. But for these one time adjustments and provisions, the PAT would have been higher by about Rs 11.54 Cr.