F

CnEvIoT GoMPANY LIMITED

CIN :

Group
Cheviot

155993W81897P1C001409

Registered & Administrative Office

24 Park Street, Magma House, 9t' Floor, Kolkata-700 016
Ph: +91 82320 87911112113: Fax (033) 22497269122172488
Email: cheviot@cheviute.com ; Website: www.groupcheviot.net

Ref: CCL/Share/

Date:09-tt-2QL6

To,

Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001
BSE

Ref: ompany's Code No. 526817

Re: Un-audited Financial Results

30th September, 2016

of the

Companv

for the 2nd quarter and half vear

ended

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
we are forwarding herewith the un-audited financial results of the Company for the 2nd quarter and half
year ended 3fth September, 2016, which has been approved and taken on record at the Board Meeting
held on Wednesday, 9th November, 2016 and that the statutory auditors of the Company have also
carried out Limited Review of the said results.
ln this connection, we are also enclosing herewith the copy of the limited review report of the statutory
auditors of the Company, which we trust you will find in order.
The meeting of the Board of Directors commenced at 11:30 A.M. and concluded at 12.0g p.M.
Please display the un-audited financial results in your Notice Board

informed.
Thanking you,
Yours faithfu lly

For Cheviot ompany [imited

\,.

{Aditya BanerjAp)
Company Secr\lary
and Compliance Officer
Encl. as stated above

to keep the members ofthe Exchange

JAIN & GO.

Ghartered Accountants
P 21/22 Radha Bazar Street, Kotkata _ 7OO

OO1

Phones: 2242-7215

Email: pkj1956@gmajt.com

Fax:

91

/ 6541

-33-22486264

LIMITED REVIEWREPORT
Review Report to
The Board of Directors,
M/s Cheviot Co. Ltd.,
24, Park Street. Kolkata-

l6

we have reviewed the accompanying statement of unaudited

financial results of M/s. cheviot co.
Ltd" for the quarter as well as half year ended 30th September,
2016. 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 these financial
statements
based on our review.

we conducted our review in accordance with the Standard

on Review Engagement (sRE) 2410,
"Review of Interim Financial Information performed by the
Independent Auditor of the Entity,,
issued by the Institute of chartered 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 review is limited primarily to
inquiries of company personnel and
analltical 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 above, nothing has
come to our attention that causes us to
believe that the accompanying statement of unaudited financial
results prepared in accordance
with applicable accounting standards and other recognised accounting
practices and policies has
not disclosed the information required to be disclosed in terms
of Regulation 33 of the SEBI
(Listing obligations and Disclosure Requirements)
Regulations, 2015 including the manner

in

which it is to be disclosed. or that it contains any material misstatement.

q'

Branch:4-6 Nariana Vihar, Ring Road, New Oetni_ fiO

(fid4
z--

Place: Kolkata
Dated: 9th day of November.20l6

Email: akj@jainandco.com

For Jain & Co.

Chartered Accountants
Resistratiffi 3020238

(CA P.K.

Jain.1

Partner
(Membership No.52018)
OZA

Phones:

258934'11 / 3412

Faxi

91-11-2579-7973

CHEVIOT COMPAI{Y LIMITED

Regd

Ofllco:24,

CIN : L05993!YB1E97PLCO01409
Park Srrot Mrgmr House ( gth Ftoor),

Kottat -7000i6

Phono : 82320 E79't'tt't 213i Fax l033l 22197265t22172$a

Email : ch.viot@chevjute.com ; Wobrlto : www.qroupchovtornot
STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE OUARTER AND SIX MONTHS ENDED 3O/09/20I6

Precedlng

Corresponding
3 months

Ilgurea for

llgulr! for

3 months

3 montlrS

ended ln lhe

curent

pravloul

ended

ended
30/06/20t6
(Unaudited)

Prvlou3 yeaf

30/09/2016

Particulars
1

ll,rnaudiledl

Ptovlous
year ended

30109120t5

30/09t20t6

{Unaudited}

Iunaudlted) runeudtted)

30t09120.t5

3lm3t20l6
t Audltsd )

lncom trom operationr

a. Sales/income from opetions
b. orher oprarinq income

Tolalincome from oporatlom {gross)

11582.98

6914.22

184 04

16152

11767.02

7079.71

11679.27

7033.8'l

5870.E7

5972.4

1405.18

(2i54.?9)

59,1.1,1

1612.49

1365.86

Less : Jute manufaclurlng cess

9759.24

1532E.07
374 55

33880.62
652

1El{.76

15702.62

!4533.22

9869-a2

187r3.08

156fi.9t

34:'03.80

4401.27

11843.31

8349.r4

19241.23

(r r49.01)

(686.30)

(958.16)

1ir83.09

2978.35

2639.9

5656.84

314.94

269.59

572.93

993E.30

45 93

Tot l incomo i.om oporation3 (nel)

18501.20

68 46

2
(a) Cosl of materials consumed
(b) Changes in invenlorios or finishd goods and

wo

,in,progress

(c) Emplore benetils expense

(d) Oepreciaiion and amortisation oeens

139.4)

137.,t6

i335.87

1462 e6

r053r.40

6258.78

8179-52

16790.r8

t3385.25

30395.53

11q.47

775.03

'r390.30

1922.90

2226.66

3906.27

355.75

545.63

1rc1.66

901.38

949.43

1271.66

t503.62

't320.66

't79't.96

2E21,2E

!'t76.09

5't7t.93

175.54

Profit lrom oporailon3 b.for other income, financo

co.i. .nd .xcoptionat items

(.t-21

5 Prolit from ordina.y activitig3 bstoretlnance coet! rnd xcptionat itom! (3+41

6
7 Prolit lrom ordinary activiti* eftorfinanco co3l! but beloro orception.l ltem3 (5-5)
8 Exceplional

items

lndirecl tares for earlier year

9 Profit trom ordinary activitig3 befo.e tax (7+8)

10
11 Not Profit from ordioary acrivitloB after
12 Extraordinary

x (9-1 0)

588

19.53

16.12

25.11

38.76

81.63

1197.f1

1301.1t

1775.U

2794.47

3137.33

5098.30

1558.25

1t0't.13

1775.A1

2659.30

3137.33

5096.t0

433.00

2A2.OO

522.50

715.00

847 50

1,{50.83

1125.25

t0t9.t3

't253.31t

2t4.la

2289.83

361f.47

1125.25

10'19.13

253.34

21438

228S.83

3G,1.47

451.13

451.13

451.13

451.13

451.13

451.13

60.51

60.51

items

13 Net Pror( for ths period (1'l-12)

Paid-up ordinary sharc cpilal ( Fac value - < 10 each )
ReseNes excluding Revalualion Resetue as per balance sheet ol prevaous

't

31289.18
16 Earninge P6rSher.
i

otl

l0,.each (EPS) (in

Basic and diluted EPS belore extraordinary it6ms - (for the priod - nol annuatased)

ii Basic and diluled EPS after enraordina.v items - llo. th oeriod - nor ann@li*dl

24.54

2151

,-'t'

22.59

27.74

17.53

27 7A

a7 53

50.76

80.85

STATEMENT OF ASSETS & LIABILITIES

b. Resetues and surylus

Non-current liabilitios

Defened tax liabilities (net)

b. Olher long-lem liabililies

a. Shod,tem borowjngs
c. orher clnent riabirilies
d. Shod lem provisio.s

14,499.23
b. Non cunenl inveslnents
c. Long-lerm loans and advances
d. Other non ornenl assets

16,956_@
141.51

404

Cu.renl inveslmenls

2,W2.13
5,6f8_03
3,321.0
1,180.48

d. C.sh and bank balances

e. Sho(-term loans and advances
f. Olhr cunent assels

NO]ES

t0

1,1@27

2,503.36
5,924.52
2,970.27

u1.11
979.06

678 57

of Regulation 33 of the SEBI (Listing Obtigations and Disclosure Requirements) Regulations, 2015.

31 3 1998 and 31.3.2003, has been adjusted againsl the carring amount of lhe respective items of asset. On account of lhe above change in the accounting policy, the charge of
depreciation for the quarter and for the half year ended 30th September 2016 are lower by{ 4.39lakhs and t 8.73 Lakhs and the proft on sate of fixed assets sho m under lhe head
other income for the quarler and for the half year ended 30th Sepiember 2016 are higher by 0.44 lakhs and ? 1.76 Lakhs respctively, with profits for the quaner and hatf year
correspondingly higher to that exlent.

The Board of Directors of the Company at their rneeting held on gth November, 2016, have approved a Scheme of Amalgamation ('scheme') betlven HaGh lnveslments private
Limited (HIPL) and Cheviot Company Limiied (CCL) and thejr respective shareholders under Seclions 391 to 394 of lhe Cornpanies Act, 1956 and corresponding provisions of the
Companies Act, 2013, as applicable. The Scheme prcvides for merger of HtPL with CCL we.f. 1.4.20j6.
The Scheme ls subjectto rcquisite approvals inter-alia from SEBI, Hon ble High Coud atCalcutta, shareholdeG and othea legulator aulhoriljes, which ar under process.
Accountants ot lndia is not applicable.

Previous period / yearligures have been r+grouped / re-classified lo make them comparable tothe cufient period presentation.

The above unaudited financialresults afler review of the Audil committee were approved by the Board of Oireclo6 at thek meeting held on gth November,2016.
For Cheviot Company Limited

Daled

gth November, 2016

Ha6h Verdhan Kanoda

Chalrman and Managing Dlrector
Chlel Executlve Otficer
(DlN : 00060259)

r]54