Dharani Sugars and Ghemicals Limited

"PGP
Regd. Ofiice :

HOUSE", 57, Steding Road, Nungambakkam, Chennai - 600 O34.

1 1 31 3, 2825417 6, F a\ : 2823207 4, 2823207 6
Email : commercial@pgpgroup.in, Unance@pgpgroup. in, secretarial@pgpgroup.in
Tel. : 283

PGP GROUP

Website : www.dharanisugars.in
CIN No.: 115421TN 1987P1C014454 TIN No.: 3306-1502443 CST No.: 818529/19.11.87

UJLL/ neE,U-JJ/ZUIO

August 12,

20it

The Secretary,
The Stock Exchange, Mumbai

Corporate Relationship Department,

First Floor, New Trading Ring,
Rotunda Building, PJ Towers,
Dalal Street, Fort, Mumbai -400001.

Email lD : corp.relations@bseindia.com

Mr Hari - Vice President

National Stock Exchange Limited
Exchange Plaza, 5th Floor
Plot No. C/1 G Block
Bandra - Kurla Complex
Bandra East, Mumbai 400 051
Dear 5ir,

sub: Intimation pursuant to Securities and Exchange Board of India (IODR) Regulations 2015 - Audited
Financial Results for the Quarter ended 3l"i March 2016,
1) In accordance with Regulations 33 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, unaudited Flnancial Results, Segment wise Report and Auditors
Report for the Quarter ended 3oth June 2016 are enclosed.
2) Dr K N Sivasubramanian, Independent Director who has not attended all the Board Meetings held during
the period of twelve months, is treated as having relinquished the post of Independent director with effect
from 12th August 2015, as per section 167(1Xb) of the Companies Act, 2013.
3) Mr R K Viswanathan, appointed as additional Independent Director with effect from 12th AuBust 2016.

These have been approved in the Meeting of the Board

of Directors held on

12th August 2016 which

concluded at 5.00.p.m.

The above Results are also available at the website of the Company (www.dharanisusars.in) and at the
websites of the Stock Exchanges where the equity shares of the Company are listed: BSE Limited
(www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com).
Thanking You,
Yours faithfully,

for

rs and Chemicals Limited

Encl.: as above

Kalayonallur Vlllags,
Palhngpchery Post, Khllakudchi Ma,

Dharani Nsgar, Vasudovanallur,

Tirunlveli Distic't - 627 760
Ph : (04636) 241370/371/372
Fax : (9636) 241578

lGnipoondi Villag, Polur,

li.rryannanalai Dlslicl - 606 803.
Fax : (04181) 223:BO

ilobile

Email : dharanil@dh6ranisugatsfgp.com

Enail : dharsni@dharanisugaFfgp.com

Email : dharani3@dharanisugarc-pgp.coan

Ph : (04181) 223181,

u31@'

17o

Villuour8m

osticl

: 9,1422

- 806 206
58199

Dha.ani Suga6 and Chemicals [imlted

Regd. Oftice: "PGP House", No.57 Sterllng Road, [ung.mbaktam, Chennal OO0 034
Tel.[o.91-44-28311313,

Fax No.09144-28232074, Clt{ - t-15421T1{1987pLCOO1it454

Emall: learetafi al|9dharanisu8a.s-pgp,com, Website: www.dha.anlsutars.in

Unaudlied Flnanclal Results tor the quarter ended 3fth.tune 20tE

S.l{.

Partlaulars

30.05.2015
Unaudited

Income frgm Operations

a. Net Sales

Rs

/lncome from Operations lNet of excise duty)

b. Other Operatlng

4275.34
rL7.O4

!!qome
fotal Income from Operatlon (netl
2

Quarter Ended
31.03.2015
Audhed

Year Ended

30.06.20rs
Unaudited

31.03.20r6

Audited

ln Lakhs

10301.99

!44.77

7181.81

36399.49

rc2.24

8192.38

10450.16

72U.O1

s05.13
35904.62

11331.09

13985.62

11352.08

28096.92

Expenses
a, Cott of Materia ls consumed

b. Purchase of Stock in trade

c.

Changes

in inventories of finished goods, work

16144.971

o24e9.22l

(3836.29)

proSress and stock jn trade

d. Employee Benefit expenses

in

{1710.121

610.16

2192.68

511.41

563.20
s19.68

s9s.89

e. Depreciation and amortisation expenses

s12.09

20s9.17

f. Other Expenses

Total Exlenies

Profit/(Loss)

7559.95

from Operatlons before Other

1079.55

3558 56

9703.32
(2419.31)

34297,?t

lncome,

832.43
24.99

23.18

24.O2

66.92

Profit/(Loss) from ordinary activities before flnance cost!

& Exceptional ltems (3+4)

857.42

5882.2C

(239s.29)

2674.23

1983.70

1448.0C

7977.17

{1125.28)

4434.24

14372.461

5563,10
(3988.87)

Fin.nce cost & Exceptlonal

2011.86
4591.14
5859.02

ltems

0the.lncome

Finance Costs

Profiv(toss) from ordinary activities after finance cost!

8
9

Exceptional items

10

Tax Expense{including Deferred TaxJ

11

Net Profit/(Loss) from Ordlnary actlvtfles after

but before Exceptional

2601,31

{1-21

ltems (5{)

Protlt/lLoii) fron O.dlnary acttvitiei btore tax (7+gl

Tax

2.81

2.42

2.81

11.25

ILL23-471

4437.O2

13977,621

207.64

t772.491

(91s.831

3664.53

{4369.6s1
2745.82
(1623.83)

(91s.831

3564.53

(1623.83)

(1171.031

3093.00

2938.98

2938.98

2938.98

2805.59
(1171.031

{9-10)

oftar

Extraordinary ltems (net

12

Net P.ollt/{Lo5s)
14

forthe

expenses)

prlod {11-121

Paid-up Equity Share Capltal

lFace Value

ofthe Share

is Rs.10/- each)

Reserves excluding revaluation Reserves as per Balanc

Sheet of previous accounting year
15 (0

Earnings

per share

of

(2318.50)

Rs.10/- each (EpS) before

Extraordlnary ltems {not annualized)

a. gasic

{2.95)
(2.95)

12.47

(s,s3)

12.47

(s.s3)

a. Basic

(2.95t

t2.47

(3.981

b. Dlluted

{2.95)

12.47

(3.9

b. Diluted

Earnings

lii)

per share

of

{3.98)
(3.98)

Rs.10/, each (EpS) after

Extraordinary ltems (not ennualized)

I{otes

1
2
3
4

The above Unaudited financial results have been.eviewed by the Audit Committee and approved in the meeting of Board ofDirectors
held on 12th August 2016 Statutory auditors, have carried out a limited reveiw of the financial results for the quarter ended 3fth
June 2016,
Sugar Industry being seasonal in nature, the Quarterly results cannot betaken as an indicatorofthe fullyear's working.esults.
Previous year's figures have been regrouped/ reclassified wherever necessary.
The Unaudited financial results is available on the stock exchaoge website www.nseindia.com and www.bseindia.com and on rne
company's website www.dharanisuSars.in.
Bv order

ofthe 8oa.d

For Dh.rani Su8a6 and Chemlcals

SNIIUASAI{ & SHANKAR

Chorered Accountdnts

Ftm No.0050935

R1
PT R.

MAI{IKANOAN

Membership No:216063
Place : Chennal

Date 12.08.2016

tlmited

.@!ts

Dt Palanl G Periasamy
Erecutive Chalrman

Segment Reportint under Regulation 33 of the SEBI (tODRl Regulations 2015 for the Quarter ended June 30, 2016
Quaner Endd

Partlculars

30.06.2016

31.03.2015

Unaudited

Audlted

31.03.2016

Unaud:ted
Rs

Year Ended
30.06.2015

Audited

in Lakhs

(Net Sales/ Income from each Segmentl

a.Sugar

469.77

4275.34

57aO.26

29493.68

b.Distillery

1560.19

1386.13

1213.68

s947.79

c,Power

1461.48

3533.66

2522.93

7627.5L

d.Unallocated
Total

142.03

215.09

102.08

572.O5

10633.47

134ro.22

9518.95

43635.03

Less: Intea Segment Revenue

22L6.L0

2936.88

23LO.92

5663.49

Net Sales/ Income from Operations

8/.17.37

10473.14

7308.03

3697r,54

2 Segment Results

(Profit/(Loss) before tax and Interest from

each segment)
a.Sugar

(246.89)

3214.23

(3546.28)

$72s.2sl.

b.Distillery

634.77

722.52

3L2.L2

1418.43

c.Power

455.50

r972.35

828.20

2888.53

14.10

(26.90)

70.67

92.52

4s7.42

s882.20

(239s.291

2674.23

1983.70

1448.00

L977.77

6563.10

2.8r

L7.2s

d.Unallocated
Total

i.lnterest
ii.Other Un-allocable expenditure net off
iii.Un allocable lncome
Total P.otiv{Lossl Before Tax
Segment Assets

2.87

2.82

lrr23.47l

4tt37.O2

(4369.6s)

1t977.621

a.Sugar

52373.93

46331.41

48735.06

46331.41

b.Distillery

14686.30

14674.21

15627.58

L4574.27

c.Power

75247.94

7533L.47

L4402.60

7533L.47

2238.63

))?q 7)

2348.26

2239.72

84540,80

78516.81

81113.50

78516.81

d.Unallocated
Total

4 Segment Liabilities
a.Sugar

39384.36

30234.84

36723.87

30234.84

b.Distillery

2740.6?

2639.6s

2794.t5

z059.b5

c.Power

6912.0s

6283.97

4758.66

6283.97

49037.08

39158.46

44277.22

39158.46

d.Unallocated
Total

By

order of the Board

For Dharani Sugars and Chemicals Limited

SRINIVASAN & SHANKAR

Choftercd Accountdnts
Firm No.0050935

Rr
peT R. MANIK'ANDAN

Portner
Membership No:216063
Place : Chennai

Date 12.08.2016

Dr Palani G Periasamy

Executive Chairman

New No : 18, 2nd Floor, Karpagambal Nagar

Mylapore Chennai -600 004. India
Phone : 91- 44 - 4204 0715, 4204 0718
Fax : {91) (44} 4203 0457.
E-mail : admins@srinishankar.com

SRINIVASAN & SHANKAR

Chartered Accountants

Limited Review Report

The Board of Directors
Dharani Sugars and Chemicals Limited

We have reviewed the accompanying statement of unaudited financial results of

DHARANI SUGARS AND CHEMICALS LIMITED ("Company") for the quarter
ended June 30,2016 being submitted by the Company pursuant to the requirement of
Regulation 33 of the SEBI ( Listing Obligations and Disclosure requirements)
Regulations 2015. This statement which is the responsibility of the Company's
management and has been approved by the Board of the Directors, has been prepared in

accordance with recognition and measurement principles laid down in Accounting

Standard 25 "Interim Financial Reporting", specified under Section 133 of the
Companies Act, 2013 read with the relevant rules issued thereunder and other accounting
principles generally accepted in India. Our responsibility is to issue a report on these
financial statements based on our review.

we conducted our review in accordance with the Standard on Review Engagement (SRE)
,,Review of Interim Financial Information Performed by the Independent Auditor
2410,
of the Entity,, issued by the Institute of chartered Accountants of India. This standard
requires thai we plan and perform the review to obtain moderate assurance as to whether
the financial statement is free of material misstatement. A review is limited primarily to
inquiries of 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 of unaudited financial results
prepared in accordance with the aforesaid Accounting Standards and other accounting
principles generally accepted in India, has not disclosed the information required to be

iisclosed in

t".rr

of Regulation 33 of the SEBI ( Listing Obligations and Disclosure

Regulations, 2015, including the manner in which it is to be disclosed, or

Requirements)
that it contains any material misstatement.

Srinivasan & Shankar

Chartered Accountants
Firm Regn No. 0050935

e
4.?I

Per R MANIKA|IDAN
Partner
M No.216063
Place: Chennai
Date: August 12,2016

CHE

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