ll

rJ' cfiFlTf, -..{C: ll

5HHEE-flE srTH
pHBmUH?S
FO&n
LtilrilTffim
I\ ffilJ AN
tSO 22ooo : 2oo5
COMpANy
srraSHBEE

CERTTFIED

r Flour Division

& Regd. Off .:3321412, R.D. Udyog Nagar, Palda,

Nemawar Road, lndore - 452 020 (M.P)
Tel: +91-731-2439901 to 2439950

'fi
1l

,nf

', Soya Division : Khasra No. 5/1 , Gram Barlai Jagir, Post-Kshipra
Tah. Sanwer, Dist. lndore - 453 771 (M.P)
fel: +91-731-243997'1 to 2439999
Webslte : www.sitashri.com, E-mail : info@sitashri.com
ctN-L1 5314MP1 996PLCo1 0741

Date: 24th September, 2016

To,

Bombay Stock Exchange Limited,

Phiroze feejeebhoy Towers,
Rotunda Bldg Dalal Street,
Mumbai- 400051

Dear Sir/ Ma'am,

QUARTER ENDEp ON 30th IUNE, 2016.

REF: SCRIP IDISYMBOL: SITASHREE, SCRIP CODE: 532961,ISIN:

INE6B6IOtOlt

This is to inform you that under Clause 33 of the SEBI [Listing Obligations and Disclosure RequirementsJ
RegLrlations, 2015 and as per SEBI Circular dated July 5, 2016 the "Un-audited Financial Results" for the
quarter ended on 3Oth June,20L6, have been submitted to your good office on l8th September, 2016.

With due regards to the above, we would like to inform you that due to a typographical error in the
quarterly results, the figure i.e. "Total Comprehensive Income" in the results was not correct.
All the other facts, figures and things remaining intact the error as detailed above is now being rectified.
We are enclosing herewith the Revised "Un-audited Financial Results" for the quarter on 30th
lune,201,6
under Clause 33 of the SEBI [Listing Obligations and Disclosure Requirements) Regulations,20L5.

ffi

This is for the information to Exchange and Members thereof.

I(indly take the same on record and oblige.

Thanking You,
Yours Faithfully,

,}+.L'*A

ryF

r-.f'i<n4al
EnHJlrFi
n:f,r{:ire
rAi4rryi

Sita Shree Food Products Limited

Registered office : 332/4 /2,R.D. Udyog Nagar, Nemawar Road, pa da,Indore tM.P.)
CIN - 1153L4MP1996 PLCOLOT4L
PAR' TI
Statement of Un-Audited Standalone Financial Results for the Quarter Ended |une, 2016
Rs.

Particulars

3 months

ended

Corresponding 3
months ended in
previous year

6/30/2016

6/30/20L5

(Unaudited)

(Unaudited)

Sr.

No.

(Refer Notes Below)

1

Income from Operations

(al Net Sales / Income from Operations [Net
of Excise DuWl
(b Other Operating Income

Total Income from Operations (Net)

2

Materials Consumed
Ic) Changes in trnventories of Finished Goods,
Work-in-Progress and Stock-in-Trade
d Employee Benefits Expense

4,988.L7
4,824.68

9,70L.16
(623.23)

757.0t

43.76

(0 Other Expenses

287.36

667.60

6,049.3L

(L,06L.t+)

9,943.34
587.08

(L,061.1,4)

587.08

Profit / (toss) from Operations before

Other Income, Finance Costs and
Exceptional ltems fl-21
Other Income
Profit / (toss) from OrdinaryActivities
Before Finance Costs and Exceptional

4.1

PrrrriVGqq_s) rrqU

pf4fqqy sqlrvtlqq

L0

Tar r Iixpense

1.1.

Current Tax
Deferred Tax
Net Profit / (Loss) from Ordinary activities
after Tax [9 t 10)
Extraordinary Items [Net of Tax Expense Rs.

1.2

12t.13
10,530.41

50.74
1.47.07

Finance Costs
Profit / (Loss) from Ordinary Activities
After Finance Costs But Before Exceptional
Items (5 t 6)
Exceptional Items

1.9.20

1.42.49

I!e4ql3:
6

10,409.28

Ie) Depreciation and Amortisation Expense

TqlqlE->rpe4qes

4,968.97

Exrpenses
IaJ Cost of

[In Lacs)

608.69

[1,669.83)

466.44
L20.64

t1,669.831
L5.55

120.64
24.L4
24.1.4

15.55

(1,685.38)

_Nil_ LakhsJ

96.50

{oD

M
\

p}:

a
l9
'b,
>/

{s:I 97

--

A'*
Net Profit

13

llN

- 1153 14MP1996PLC OL07 41

(Loss) for the period (LL

fn'f-Pl

LZ)

(1,685.38)

96.50

Non-Controlling Interest
15 Net Profit / (toss) after taxes and share of
profit of associates

(1,685.38)

96.50

1.42
(1,,683.96)
2,783.42

t63.3sl
33.t4
2,783.42

3,300.00

3,300.00

L,782.58

3,652.51

Share in profit of associates

1.4

Aibel C"*p..h.rrir l
Total Comprehensive Income

16

17i Paid up Equity Share Capital

(Face Valqe ofRs. 10/- each)
17 ii Paid up Preference Share Capital
[Face Va]ue ofRs.

10/- each)

Reserve excluidng Revalution Reserves as per

Balance Sheet of Previous Accounting year

1B

;Earnings per Share (before

1.9.1

extryAl{!4ary ltems)
[of Rs. 10/- qach) (not annualised):
(a

Basic
Ibt Diluted
19.ii
Earnings per Share (after

16.06')

[6.06]

0.35
0.35

[6.06)

0.35

[6.06]

0.35

extraordinary ltems)
fqf Bq,10/- each) fnot annualised):
(aj Basic

'bl Diluted

l*o.",

lr

The above results have been reviewed by the Audit Committee ,na ,ppi*.a
by tt
etings held on 17th September, 20L6

lgrc|o

lz
I

TheStatutoryAuditorshavecarriedoutaLimit"dR.*.i"*

quarter ended 30-fun-2016 as required under Regulation 33 of SEBI (Listing

Obligation
s, 201-5.
)t

This Statement has been prepu..d i

Accounting StandardsJ Rules, 2015

find AS), prescribed u/s 133 of the Companies Ac!

2013 and other recognised accounting practices and policies to
the extent applicable.
Beginning 01-Apr-20L6 the Company has for the first time adopted Ind
AS with a
[ransition date of 01-Apr-2015.
4

:IR/CFD/CMD/75/2Ol-5 dated 30-Nov-20L5 has been modified to complywith

:equirements of SEBI's circular dated 05-|ul-2016, Ind AS and Scheduloltl pivision
ll)
Act,20!3 applicable to Companies that are required to comply with
iT

;jit

:"-panies

ffi#&

G#7

da,Indore [M.P.)

cIN-L1s3untffi

IND-AScompliantresultsareonlyofquarterended1u,,"zor@

previous quarter ended |une 2015. These financial results do not include IND
AS
complied results for the preceding quarter and previous year ended March 31,,20L6
as
the same are not mandatory as per SEBI,s circular dated Tulv 5 ?.o16
6
previous year figures have been regrouped/reclassified wherever required.
I'l'he
l

rrvn es.o*pfirrt r
]not been subjected to limited review or an audit. However management has exercised
Inecessary due dilligence to ensure that such financial results provide a true and fair
]view of its affairs.

]rn"

I ne

uompany has identified reportable business segments namely Flour', 'Soya, and

'Real estate', results of which are produced separately.

9

'I'he atoresaid
Un-audited Financial results will be uploaded on the Company's website
www'sitashri'com and will also be availaible on the website of the National Stock
Exchange of India Limited wwwnseindia.com and BSE Limited www.bseindia.com
for
the benefit of shareholders and investors.

IU Reconciliation of Net Profit/Loss for the quarter ended

fune 30, 2015 reported under
tc44ryq_ryq AS. _

Particulars

Profit after tax as per Indian GAAP

0ther Comprehensive Income

Total IND AS adjustments

Profit after tax as per IND

Quarter ended
30 fune 2015
Standalone
9650367
-6335259

-6335259
AS

3315108

PART II

Information for the Quarter Ended |une, ZOL6

Rs.

3 months

Particulars
Sr. No.

ended

6/30/20L6
(Unaudited)
1

fln

Lacs'l

Corresponding 3
months ended in
previous year

6/30/201s
(Unaudited

SEGMENT REVENUE

4,969.97
FLOUR DIVISION

10,409.28
6,705.04

3,884.51

\
b\
c

\fotl

IC
f)
3)
9/

- n

Ar.e gla-e]
cIN - 1153 14MP1996PtC 0107 4L
SOYA DIVISION

L,084.46

3,704.23

4,968.97

L0,409.28

REAL ESTATE DEVELOPMENT

NET OPERATIONAL INCOME

SEGMENT RESULTS

[cRoss PRoFIT/(LOSSJ BEFORE TAX &

INTEREST FROM EACH SEGMENTJ

MANUFACTURING ACTIVITIES
FLOUR
SOYA

(746.941

7,03\.64

206.24
1953.18)

560.10
47L.54

(746.941

L,037.6+

REAL ESTATE DEVELOPMENT

TOTAL

LESS: INTEREST & FINANCIAL CHARGES

608.69

466.44

DEPRECIATION
NET OF UNALLOCABLE EXPENDITURE

1.42.49
1.71.71

t47.07
297.49

PROFIT BEFORE TAX (AFTER PRIOR

PERIOD ADIUSTMENTS)

(1,669.83)

120.64

SEGMENT DETAILS
(SEGMENT ASSETS)

FLOUR

28,\57.82

L7,654.89

SOYA

1.6,007.54
274.09
2,t59.1,2

t6,I4B.t3

L6,796.96
2,689.39
32.20
L9,273.02
7,866.00

9,509.05
3,829.94
35.68
72,683.54
9,735.92

REAL ESTATE DEVELOPMENT

UNALLOCABLE ASSETS

306.75
L,694.36

[SEGMENT LIABILITIES)
I.LOUR
SOYA

BE4L ESTATE DEVELOPMENT TOTAL

UNALLOCAB LE LIABILITIES
CAPITAL EMPLOYED
Notes:-

TheCompanyhasreportedsegmentinformation,'p"
1

108 "Operating Segments"(lND AS 108). The identification of operation

segments is
consistent with performance assessment and resource allocation by
the management.

feos
/e"--*
ilflooo.jj:

Q:'^';"

irrdo* fM-pJ

crN - L1 5 3 t4MP199 6PLCOLOT 41

PAR TI
Statement of Un-Audited Consolidated Financial Results for the Q,ru.t". gt d"d

Jr*,

2016

Rs. (In Lacs)

Particulars

3 months ended

Corresponding 3
months ended in
previous year

6/30/20L6

6/30/20rs

(Unaudited)

(Unaudited)

Sr,

No.

(Refer Notes Below)

1

Income from Operations

[a) Net Sales / Income from Operations [Net of
Excisq putyl

t!ll!l!".

oP

".rti"e

t"*

Total Income from

2

4,968.97

1,0,409.28

1.9.20

121.13

4,988.17

10,530.41

Expenses

c"tt

urt..irtr

c
[c)lChanges in Inventories of Finished Goods,
Work-in-Progress and Stock-in-Trade

lGl

"r

4,824.68
751.01

9,701.16
(623.23)

[dJ Employee Benef,its Expense

@i

[f] Othel Expenseq

Total Expenses

.')

Profit / (Loss) from Operations before

Other Income, Finance Costs and

43.76

50.74

142.49
287.36

L47.07
667.60

6,049.31

9,943.34

(1,06L.t4)

587.08

(1.,061,.1,4)

587.08

608.69
(1,669.83)

466.44

[1,669.83)
15,55

1.20.64

qrqjp!ie44!Eelqs_GZL
4
5

6
7

Other Income
Profit / (Loss) from Ordinary Activities
Before Finance Costs and Exceptional ltems
{3_t 4)
Finance Costs
Profit / (Loss) from Ordinary Activities
After Finance Costs But Before Exceptional
Items (5 t 6)

Exceptional Items

Bfo_t[Gq

10

lax Expense
Current Tax

s) frqm

rdinary activite

Deferred Tax

(1,685.38)

after Tax (9 t 10)

Hxtraordinary Items [Net of Tax Expense

_Nil- LakhsJ

24.14
24.L4

15.55

1t Net Profit / (Loss) from Ordinary activities

L2

1,20.64

Rs.

?ooo

&,(ttr/oad
E

Q}t'of

96.50

___ _

R"girt"."d offi.ur

332

Sita Shree Food products Limited

^
YOYLCULUT4L

13

(1,685.38)

96.50

r0.36)

12.5t

[1,685.75)

109.01

t.42
[1,684.33]
2,783.42

163.3st
45.65
2,783.42

3,300.00

3,300.00

L,776.94

3,652.5L

16.06')
('6.061

0.35
0.35

Ia) Basic

(6.061

0.35

tbl Diluted

r6.061

0.35

*ro.irtF

in p.ofit of
lShr."
L4 Non-Controlling Interest
I
Net protit

15

/ [toss) after taxes and share of

p{9fi!qf4$pdates

utner Lomprehensive Income

fpq4r !omprehensive Income

16

17i r?10 up tqulty Share Capital

[Face Value of Rs. 10/- each)

rryl!j."t."1.e

iI

1.7

Share Capitat

[Face Value of Rs.

Reserve excluidng Revalution Reserves as per
Balance Sheet of Previous Accounting year

1B

Earnings per Share (before

1.9.1
i

),

[aJ] Basic
rI- \
L)
uuuteo
19.ii
f,arntngs per Jnare [atter extraordinary
Items)

fle aoove Lonsolldated results for the year inclu des the
results of Associate Companyviz.M/i
Anoop Foods Limited
r

1.

urLs lave oeen reuewed by the Au lit Committee

and apprroved by the Board of
iDirectors gllh",.."spective meetings held on 17 th September,
2016
iThe Statutory Auditors have carried out a Limiter I Review of the Financi
al Results of the
3 ]quarter ended 30-|un-2016 as required under Re gulation 33 of SEBI (Lirsting Obligation and
_},r.,"rr.. -"t*entsJ Regulations, ZILS.

l
i

"(

lThis Statement has been prepared in accordance with the Companies (lrrdian Accounting
Rules, 2015 (lnd AS), prescribed u/s . 33 of the Companies
iStandards)
A.ct,20L3 and other
accounting
practices and policies to tl Le extent applicable. Berginning
lrecognised
0L-Apr-201.6
Ithe Company has for the first time adopted Ind AS iwith a transition
date of 01-Apr-2015.
r_f
l.r-L ^ r^*-^ ^
format for Un-audited euarterly Results as pr'escribed in
SEBI's circrular
]The
dated
30_Nov_2015 has Ireen modified to comp lywith requirements
lCrR/CFD/CMD/LS/Z\tS
SEBI's circular dated 05-|ul-2016, Ind AS and Sr:hedule
iof
III (Division II) to the Companies Ac!
applicable to Companies that are required tcr comply
with Ind AS. .
IZOLZ

r/. \ o
\floD

lc
'o
v/

6
-

Z
B
-

Sita Shree Food Products Limited

red office : 332l4/2, R.D, Udyog Nagar, Ne44war Road, palda,Indore tM.p.
CIN - L1 53 L4MP L99 6PLCOLOT +L
IND-AS compliant results are only of quarter ended fune 2015 and corresponding previous
quarter ended |une 2015. These financial results do not include IND AS complied results for the
quarter and previous year ended March 3L,20L6 as the same are not mandatory as
iPreceding
per SEBI's circular dated |uly 5, 201,6.
]The previous year figures have been regrouped/reclassified wherever required.
The IND AS compliant figures of the corresponding quarter of the previous year have not been
subjected to limited review or an audit. However management has exercised necessary due
Jdilligence to ensure that such financial results provide a true and fair view of its affairs.
]The Company has identified reportable business segments namely Flour', 'Soya'
estate', results of which are produced separately.

ura n"a

10

The aforesaid Un-audited Financial results will be uploaded on the Company's website
and will also be availaible on the website of the National Stock Exchange of
]www.sitashri.com
India Limited www.nseindia.com and BSE Limited wvyw.bseindia.com for the benefit of
shareholders and investors.

11

l{econciliation of Net Profit/Loss f,or the quarter ended f une 30,2015 reported under IGAAp to
IND AS.

(Amount in Rs.)
Quarter ended 30
une 2015

Particulars

Profit after tax as per Indian GAAP

Other Comprehensive Income

Total IND AS adjustments

Profit after tax as per IND

-6335259

-6335259

AS

3315108

PART II

Information for the Quarter Ended fune, Z0L6

Rs.

fln Lacs

3 months ended

Corresponding 3
months ended in

Particulars

6/30/20L6

fi
4\

e)t

.'n'"J

,1b

Sita Shree Food Products Limited

Registered office : 332/4/2, R.D. Udvog Nagar, Nemawar Road, pa lda,Indore [M.P.)
CIN - L1 53 L4MP L99 6PLCOLOT 4L
SEGMENT REVENUE

4,968.97
FLOUR DIVISION

3,884,51

SOYA DIVISION

1,,084.46

10,409.28
6,705.04
3,704.23

4,968.97

L0,409.28

REAL ESTATE DEVELOPMENT

NET OPERATIONAL INCOME

SEGMENT RESULTS
IGROSS PR0FTT/IL0SSJ BEFORE TAX&
INTEREST FROM EACH SEGMENT]

MANUFACTURING ACTIVITIES
FLOUR

(746.94)

L,03L.64

206.24

SOYA

1953.18')

560.10
477.54

(746.94)

L,031.64

REAL ESTATE DEVELOPMENT

TOTAL
LESS: INTEREST

& FINANCIAL CHARGES

DEPRECIATION
NET OF UNALLOCABLE EXPENDITURE

PROFIT BEFORE TAX (AFTER PRIOR

PERIOD ADJUSTMENTS)
a
J

608.69

466.44

L42.49

147.07
297.49

\7L.71
(1,669.83)

L20.64

28,L57,82
1.6,007.54
274.09

17.654 89
L6,149.t3
306.75
L,696.87

SEGMENT DETAILS
[SEGMENT ASSETS)
FLOUR
SOYA

REAL ESTATE DEVELOPMENT

UNALLOCABLE ASSETS

2,1,52.38

[SEqMENT LIABILITIESJ
FLOUR
SOYA

REAL ESTATE DEVELOPMENT TOTAL

UNALLOCABLE LIABILITIES
CAPITAL EMPLOYED

16,796.96
2,689.39
32.20

9,509.05
3,BZg.g4
35.68
12,683.54
9,748.43

1.9,21.3.02

7,860.26

Notes:1

The Company has reported segment information as per Indian Accounting Standard L08
"Operating Segments"[lND AS 108). The identification of operation segments is consistent with
performance assessment and resource allocation by the management.

,PS,
,
\-.)
,\

4\

,NDORE}

t'

3
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-t',

Q\r<Y

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