Tirupati Starch & Chemicals Ltd.

Regd. Office :Shree Rom Chombers, I't floor, l2 Agrowol Nogor, Moin Rood, INDORE - 1
Phones : 24O5O0l-2-3, 4O5285O. 4052888. Fox : 9t-0731-2405000
E-moil : tirupoti@lirupotislorch.com

Works: Villoge-sejwoyo, Gholo Billod, Disi. Dhor (M.P.) Phones :107292) 277 47?,277280
Date: 1lth August, 2016

To,

The Manager,
Listing ComPliance,
Department of ColPorate Services
Bombay Stock Exchange Limite4
P. J. Towers, Rotunda Building, Dalal Street, Fort

Mumbai - 400 001

Fief.t - 524582, ScriP

ID - TIRUSTA

Dear Sir,

its meeting held today' has

This is to inform you that Board of Directors of the Company' in
calling Board Meeting:
discussed and approved following matters as Per the Notice

1.

of India

(Listing

Pursuant to Regulation 33 of Securities and Exchange Board

obligationsandDisclosureRequirements)Regulations,2015,theBoardofDirectorsof
theCompanylrasapprovedUnauclitedFinancialResultsforthequarterended30tl'
on 11th August' 2016'
June, 2016 in its meeting held

2.Intermsofsection204oftheCompaniesAct,2Ol3andRulegofTheCompanies
(AppointmentandRemunerationofManagerialPersonnel)Rules'2014'Mr'AjitJain'
Practice Number: 2876,
n,u.ti"iog Company Secretary, Indore having ICSI Certificate of
has been appointed as Secretarial

Auditor for F' Y ' 2015-2016'

kinclly acknowledge the receipt

This is for the information o{ Excl1ange and members thereof
and take on the record.
Thanking You.
Yours faithfullY,
For, TiruPati Starch &

P., ^l--,
Ramdas GoYal
DIN:00150037
Chairman and Managing Director

\c
E)6
/*t t
a't ,/

Encl:a/a

CIN No. :L15321 MP 1985 PLCOO3181 o website : www. tirupatistarch. com

'

TIRUPATI STARCH AND CIIIMICALS LIMITED

CIN: L15321MPl985PLCo03181
REGD. OFrlCE, flRST FTOOR 'SHREERAM CHAMBEI{S' 12 AGRAWAL NAGAR INDORE - 4s2 001 M P'
UNAUDITED FINANCIYAL RESULTS FORTHE FIITST QUARTER ENDED 30TH JUN!,,2U10
(ln Rs. Lakls)
(ln Rs. Lakhs)
(Ir Rs. Lakhs) (ln Rs. Lak,ts)
(In Rs. Lakhs)
Corlesponding
3

Month [nded
(30.05.2016)

Preceeding 3

Month Ended
(31.03,2016)

Preceeding 3
Year to date figures
Month Ended in

the Previoug

for Cutrent Period

ended (31.03.2016)

Year to date

figues Ior the

PreviousYear
ended
(31,03.2015)

(30.06.201s)

UnAudited

(Refer Notes Below)

1.Inco e ftom Operations

(a) Net Sales/lncone fronl OPeraiions(Net

Audited

UnAudited

A(diled

Audited

ol
5,062.587

Excise Duty)

Totalln.on1e from Ope(aions (net) (1+2)

1,383.190

),881770

(s rho)

31.290

5,062.587

4,374.320

3,916.050

3,158.065

3,538.910

&) Othcr Operating IncoNe

75,778.758
27.768

5,9t7.L21
57.589

15,806.526

5,974.714

11,878119

4,\51-.566

2. Expenses

a. Consunrption ot raw nlaterials

b. Purchase of stock in trade
c. ClunSes ir inventories of finished goo(is

83.777

work-in-proqress and stock in trade

d. Enplovee Benefit Expenses
e. Depreciation and A ortisation

478 68

(511.s10)

237.72

(482.823)

(425.91Q)

177.492

41.310

137 500

528.7ti8

319513

Expenses

1\2.326

(105 r,90)

185 000

449.308

L69.197

467 2AA

,r,r5 300

154.530

1,112.890

487.{10

f. othcr

eYpenses

Itens {icecdilg l0% of lalll crfenses rclotittg

continuing aPerutions

Power & Fuel

Total Expenses

5i2.990

,179.980

536.830

2,224.039

926.160

4,926.833

3,883.332

3,765.510

15,710.320

5,711.713

735.754

485.997

150.540

96.207

263.O01

3.Profi/Loss ftom OPerations belore Olher

Income finance cost and exceplional ite s
(7-21

Other Income
5.Profit\(Loss) from ordinary activities
before finance cost and exceptionat ite

58.882

62t6

4.

s (3-

4)

141.970

485.997

150.540

155.089

263.OoL

6. Finance Cost

132.568

368.4.10

90.000

617.973

135.300

9.382

117.553

50.540

(462.82s)

t27-707

9.382

117,553

60.540

(462.825)

'127.701

7.

Pro{itl (Loss) ftom Ordinary Activities

after Finance Cost but before Exceptional

Items (s-6)
8. Exceptional itenrs

Profit/(Loss) ftom
before tax (7+8)
9.

Ordinary Activities
(311.330)

10. Tax expense

11. Nt

Profit/ (Loss) from Ordinary

Activities after tax (9-10)

51.850

(311.3300)

246.920

9.382

428.885

s.690

(1s1.495)

$19.2f9)

9.382

428.885

5.690

(1s1.4es)

(179.2r9)

9.382

428.885

5.690

(151.495)

(119.219)

609.320

609.320

64932{)

609.320

609.320

429.055

580.551

I xtraordinary iten,s (net of tax exPelEes

Rs. Lakhs)
13.Net Profiy (Loss) for the Period (11-12)
14. Share of Prcfit/(Loss) of Associates*

1q rrn.^.ik, nlfpro4*
Net kofit/(Loss) after taxes minodty
interest and share oI profi/(loss) of
15.

associates (13-14-15)
17.

Paid-up equity share capital ol lace Value

Rs.l0/- each ot tlre Sh,rre

18.

exdudilg l{evaluation
Res-erves

as per balance sheet of Previous

Reserves

accounting

19.i. Earnings Per share (EPS) (be{ore

^-8.^-r:-,iw

ilencl

/.^t.nntalised)
0.154

tig

0.093

(2.4rJ6)

(L.957)

0.151

7.039

0.093

(2.48t4)

$.esn

0.15,1

t3t)

0 09:l

(2.486)

$.esn

0 151

7.039

0.093

(2.486)

(1.9s4

19.ii. Earnings Per Share (EPS) (after

^-!".^.rin,rv

ilercI

/n^r inn

rlised)

Notes:

Unaudited financial results v/ere taken on record by the Audit Co mittee and the Board of Directors at iheir respective
meetings held on 1Ith August 2016
2 The Company has 6ing1e reportable segnent as per the Accounting Sta dard 17 of ICAI.
3.Prcvision for tax and delerred tax if any will be provided at drc year end4. There were no inve6tor conpliants that were pending at the beginning of the quarter of or lyning uflesolved at the end of quarter.
5. The Previous year figures are regouped where ever requircd.
1. The above

Date l l1th August 2016

Pla.e : INDORE

For and on behalf of the Board

.a:\
Goyal
00150037

Managing Dfuector

A.PG. r ASSOCIATES

Limited R.eview R.eport

To, Board of Directors,
Tirupati Starch and Chemicals Limited,
We have reviewed the accompanying statements of Unaudited Financial Results of TIRUPATI
STARCH AND CHEMICALS LIMITED for the Quarter ended on 30thJune, 2016. These
statement is the responsibility of the company's Management and has been approved by the
Board oi Directors. Our Responsibility is to issue a report on these financial statements based on
our revieu,.
$ic conductcd oLtt rcr ien in accorulance u lth the Stlr:.1:r.l o:l Rer ieit E::::::l:-'::::: !R! l'l
'.Engagemenrs to Rcyiey oJ Financiul Slulements" issued b1 lhe Institute oi Chanerec
Accountants of India. This standard requires that we plan and perform the review to obtain
moderate assurance as to whether the financial statements are free of material misstatement. A
revierv is lirnited primarily to inquiries of Conrpany personnel and analytical procedures applied
to financial data and thus provide less assurance than an audit. We have not performed an audit
and accordingly, lve do not express an audit opinion.
Basis

for quolifyittg conclusion

a)
b)

The goods sent on consignment are treated as sales.

As of now. and for this quarter. Provision tbr taxation and deferred ta\ has not been made
as required by the Accounting Standard 22'
Based on our review conducted as above, except the possible effects of the matter arising out of
our comments in above a) & b) paragraphs,nothing has come to our attention that causes us to
believe that the accompanying statement of UnauditedFinancial Results prepared in accordance
,,vith applicable accounting standards and other recognized accounting practices and policies has
not disclosed the infbrrnation required to be disclosed in the terms of Regulation 33 of the
Securities and Exchange Board of lndia ( Listing Obligations and Disciosure Requirements)
Regulations, 2015, including the manner in lvhich it is to be disclosed, or that it contains any
material rnisstatement.

APG& Associates,
Chartered Accountants
For,

INDORE
Date: lltr'August,20l6
Place:

A\r.!.-^ r

N ir

Partner
Mem. No. - 411569

103, Shree Laxmi LeeLa Tower, 240 Sneh Nagar, Near KaLash Itandapam, Sapna Sangeeta Road
Indore - 01. Tel : 0131'429?948, 98270'67/32, Mail : sharmaabhayca@gmaiL.com