Gujarat Hotels Limited

PART I : Statement of Unaudited Financial Results for the Quarter and Nine months ended 31st December, 20{4

(( in lacs)

STANDALONE
3 months Corresponding
ended 3 months ended
31.12.2013
31.12.2014

Particulars

30.09.2014
(Unaudited) (Unaudited)

(Unaudited

INCOMH FROM OPHRATIONS

NF.T SALHS / INCOMH FROM OPERATIONS
-T.OTAL
INCOMH FROM OPERATION$ (Net)

Preceding
3 months
ended

ended
31.12.2014

9 months
ended
31.12.2013

(Unaudited

(Unaudited)

(Audited

232.56
232.56

216.00
2 1 6.00

299.64
299 64

months

Twelve Months
ended
31 .03.201 4

79.49
79.49

83.00
83.00

76.20
76.20

0.42

0.37
1.25
1.63

0.39

1.21

1.21

3 61

1.08
3.73

4.95

2.47
0.62

L27

4. 16

853

1"12

1.81

1.8"7

0.41

3.04
6.76
25.01
207.55
35.54

4.58
4.15

4.77

19.51

28 00

196.49
36.52

271 .64

422.67
95.53

HXPENSES

a) Hmployee benefits expense

b) Depreciation and amortisation expense
c) T"ravelling & conveyance expense
d) Postage, Printing & Stationery expense
e) t-egal & Professional expen$e
Other expense$
0
-TOTAL

1.21
4.41

EXPENSES
pRoFtr FROM OPHRATTONS BEFORE OTHER INCOME (1-2)
OTHHR INCOME

(2)
(3)

0.48
2.39
2.25
10.76
68.73

@\

11.41

2.38
1 .80
g .14
73.86
9.49

pRoFlT FROM ORDINARY ACTIVITIES BEFORE TAX (3+4)

TAX HXPHN$H
NET prROFrT FOR THE PERTOD (5-6)
r,AID UP HQUITY SHARH CAPITAL
(Ordinary shares of { 10/- each)
RA$HRVffiS HXCT"UDING REVALUATION RESERVH$

(5)

83.35
25.44
57.91

77.75

(7)

80.14
25.06
55"08

23.87
53.88

243.09
73.63
169.46

233,01
68.95
164.06

(8)

378.75

378.7 5

378.V 5

378.75

37B 7s

HAI{NINGS PHR S}"{ARH (of

10/- each) (not annualised)

(6)

.71

2.77
7 .47

68.73
9.02

6.41

151 03

327 "14

378.75

(e)

,534.44

(10)

(a) Basic({)
(b) Diluted(t)
PART

1.4"7

1.45
1,45

4.47
4.47

4.33
4.33

8,64

9 months

9 months
ended
31.12.2013

Twelve Months

1.42
1.42

.53
1.53
1

864

ll : Select lnformation for the Quarter and Nine Months ended 31st December,2014
3 months Corresponding
ended 3 months ended
31.12.2014
31.12.2413

Preceding
3 months
ended
30.09.2014

ended
31.12.2014

ended
31.03.2014

A. Particulars of Shareholding

PLJBLIC S}"IAREI-IOLDING
. NUMBER OT- SHARES

46"30%

46.30%

53552
46.30%

Nil

Nit

Nit

Nil

Nil

Nil

2033963

2033963

2033963

2033963

2033963

2033963

00%

100%

00%

100%

17

. PERCENTAGE OF SHAREHOLDING

53s52

753552

17

53552
46.30%

17

753552
46.30%

753552

463A%

2. PROMO ERS AND PROMOTER GROUP SHAREHOLDING

a) Pledged /Encumbered
b) Non - encumbered
- Number of Shares
* Percentage of shareholding (as a o/o ol total
shareholding of Promoters and Promoter group)
- Percentage of shareholding (as a % of total
share capital of the Company)

B. lnvestor

ffi.7A%

I
I

Complaints

I
I

quarter

Pending at the beginning of the

Received during the quarter
Disposed off during the quarter
Remaining unresolved at the end of the

Notes

I
I
I

quarter

53.70o/o

53.7}a/o

53 70%

00%

53.70%

00%

53.70%

g months
ended
31 .12.2014
f.f

il

Nil
Nil
Nil

(i) The Unaudited Financial Results were reviewed by

the Audit Committee and approved at the meeting of the Board of Directors of the Company held on 1gth January.

2015.
(ii) The Company Operates in one segment i.e. Hoteliering.
(iv) The Company does not have any Exceptional or Extraordinary item to report for the above periods.
(v) pursuant to the enactment of the Companies Act 2013 (the 'Act'), the Company has, effective 1st April 2014, reviewed and revised the estimated useful lives of its
fixed assets, generally in accordance with the provisions of Schedule ll to the Act. The consequential impact (after considering the transition provision specified in
Schedule ll) on the depreciation charged and on the results for the quarter is not material.
(vi) This statement is as per Clause 41 of the Listing Agreement.

Limited Review:
The Limited Review, as required under clause 41 of the Listing Agreement has been completed and the related Report forwarded to the Stock Exchanges. This Report
does not have any impact on the above 'Results and Notes' for the Quarter ended 31st December. 2014 which needs to be explained.
Registered Office:
Welcomljotel Vadodara, R.C. Dutt Road,
Alkapuri, Vadodara-390007
Date : 19th January, 2A15
Place : New Delhi

the Board

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Limited Review Report

Review Report to
The Board of Directors,

Gujarat Hotels Limited

We have reviewed the accompanying Statement of Unaudited Financial Results of Gujarat Hotels
Limited ('the Company') for the Quarter ended 31st December, 20L4 (the "Statement''), being
submitted by the Company pursuant to the Clause 4L of the Listing Agreements with the Stock
Exchanges, except for the disclosures regarding 'Public Shareholding' and 'Promoter and Promoter
Group Shareholding' which have been traced from disclosures made by the Management and have not
been reviewed by us. This Statement is the responsibility of the Company's Management and has been
approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on
our review.
We conducted our review of the Statement in accordance with the Standard on Review Engagement
(SRE) 2410 "Review of the lnterim Financial lnformation Performed by the lndependent Auditor oi the
Entity'', issued by the lnstitute of Chartered Accountants of lndia. This standard requires that we plan
and perform the review to obtain moderate assurance as to whether the Statement is free of material
misstatement. A review is limited primarily to inquire Company personnel and analytical procedures
applied to financial data and thus provide less assurance than an audit. We have not performed an
audit and accordingly, we do not express an audit opinion.
Based on our review conducted as stated above, nothing has come to our attention that causes us to
believe that the accompanying Statement has not been prepared in all material respects in accordance
with the applicable Accounting Standards as prescribed under Section 133 of the Companies Act, 2013
and other recognized accounting practices and policies and has disclosed the information required to
be disclosed in terms of Clause 41 of the Listing Agreement with the Stock Exchanges, including the
manner in which it is to be disclosed, or that it contains any material misstatement.
For Talati & Talati

Chartered Accountants

Partner
Membership No.:045011
Ptace: New Delhi

Date: JanuarV 19,2015

501, Race Course Towers, Race Course Circle (South), Vadodara - 390 007.
Phone : 0265-305 8025,2A 2728,29 E-mail : baroda@talatiandtalati.com Web : www.talatiandtalati.com
Also at : AHMEDABAD (079) 27544571n2" 3008452423 . SURAT (0261) 325 8526 . ANAND (02692) 656 405