KKW(6M@

t-

@,@@.
Keiks fr K Ke6ra,,lM.con.,r. c.A
HARTEREDACCOUNTAN

LimitedReviewRePort
To
The Members
Tulsi ExtrusionsLtd.
N-99MlDc Area
Jalgaon- 425003
staiementof unauditedstandalonequarterlyfinancialresultsof Tulsi
We have reviewedthe accompanying
April 01, 2013to
for the.period
31, 2014andthe yearto dateresults'Promoter
quarter
fuarch
end6d
ExtrusionsLtd. for the
'PublicShareholding'
PromoterGroup
and
and
regarding
disclosures
for
the
March 31, ZO14except
and havenot beenauditedby us.
madeby the management
whichhavebeentracedfromdisclbsures
Shareholding,
by the Boardof Directors/
and hasbeenapproved
lvlanagement
of the Company's
is the responsibility
ThlsstatemJnt
basedon our
statements
financial
is to iisue a reporton these
Our responsibiiity
of Boardof Directors.'
Committee
review.
to
(SRE)2400'engagements
with the Standardon ReviewEngagement
our reviewln accordance
We conducted
we
that
requires
This
standard
India.
of
Accountants
of
chartered
issuedby the Institute
statements
ReviewFinancial
arefreeof material
statements
as to whetherthefinancial
assurance
planand performthe reviewto obtainmoderate
procedure
appliedto
personnel
analytical
and
an
of
company
primarily
inquiries
to
is
limited
A review
misstatement.
we
accordingly'
an auditand
ihanan audit.We havenot performed
financial
dataandthusprovidesless
"ssur"nce
an auditopinion.
do notexpress
Basedon our reviewconductedas above,nothinghas cometo our attentionthat causesus to believethat the
standards
accounting
withapplicable
in accordance
financialresultsprepared
of unaudited
statement
accompanying
in
to
be
disclosed
required
information
the
policies
not
disclosed
has
practices
and
accounting
andotheriecognised
any
it
contains
or
that
disclosed,
be
which
it
is
to
in
the
manner
including
Agreement
termsof ClausJ41 of the Listingmisstatement.
material
Note:
ended31 03 2014is 47.34Crores'
1. ThelossforthecurrentquaTter
is 91.39Crores.& CashLossRs.85.27Crores
2. Thelossfor theyearended31.03.2014
ForK.K.Kabra& co.

#R
K.K.Kabra
Proprietor
No.37641
lvlembership
D a t eJ: u n e ' 1 2 , 2 0 1 4
Place;Jalgaon

^x9
N0. le

I,

iqel

KKaKWfffiw @-ewF'c'A
KditasfiK Ka6ra,'utcom',

LimitedReviewRePort

To
The Members
Tulsi ExtrusionsLtd.
N-99MIDCArea
Jalgaon- 425003
resultsof Tulsi ExtrusionsLtd for thequarterendedMarch31'
financial
consolidated
we haveauditedthequarterly
beingsubmitted
March31,2014attachedherewith,
2014 andtheyeartoo"t" r"suri"'iJiil!'p"ii"J npiir 0r,2013to
for
the ListingAgreementexcept the disclosures
by the companypursuant," ,n" i"q"",ir""i" 6i ct"rse 4'1 of
beentracedfrom
,publicshareholdtng,
ano "eromoterand PromoterGroupsha;holding'.whichhave resultsas wellas
regarding
quarterly
financial
r1u"" beenauditedby us' These
madeby the t"n"g#;nt
disclosures
whichare
"ij
piepareO
on the.basi;of the interimfinancialstatements'
O""n
n-"uu
-o;""i
the year to datefinancial1".urt!
results
financial
oplli:l-:llh"se
express
is to
responsibility
of the company.s'"rtr"""g";i""i
responsibiliry
"l
recognition
the
with
accordance
prepared
in
been
whichhave
basedon ourauditof sucninterimfinaicialstatements,
Reporting,issuedby the
Financial
(AS)25 lnterim.
standard
Accounting
in
raij
oown
principtes
and measurement
in India
generally
accepted
otherjccountingprinciples
ii inoia
nccountanis
of Chartered
lnstitute
"no

W e c o n d u c t e d o u r r e v | e w | n a c c o r d a n c e w i t h t h e S t a n d a r d o n Roie tndia
viewE
n g standard
a g e m e nrequires
t ( S R Ethat
) , 2we
400'enga
This
Accountanti
of Chartered
issuedby the Institute
Statements
ReviewFinancial
arefreeof matenal
statements
as to whetherthe financial
planandperformthe revtewrc ootainmoaet"teassurance
appliedto
analytical-procedures
personnel
and
of company
A revlewi. ,,n.,,iJjlii.unryio-inquiries
misstatement.
we
accordingly,
and
audit
performed
an
not
thanan audit. we'have
dataandthusprou,o"aiJr.
financial
"r.rrn"u
an auditopinlon
do notexpress
Basedonourreviewconductedasabove,nothinghascometoourattentionthatcausesustobel
accompanyingstatementofunauditedfinancialresu|tspreparedinaccordancewithapp|icableaccount
in
requiredto be disclosed
the information
poii"l"t nasnot disclosed
and otherrecognised
any
contains
it
or
that
"nJ
tne mannerin whichit is to be disclosed'
includlng
the ListlngAgreement
termsof clause41 of "".ornting"ii]Jti""!
misstatement
material
'Note:
quarter
ended31 03 2014is4734Crores
t. fn" lossforthecurrent
& cashLossRs.85.27Crores
91.39Crores.
31.03.2014Is
y"u|th"
2. Thelossfor
"no'"J
ForK.K.Kabra& Co.
ntants

K.K.Kabra
Proprietor
No.37641
MembershiP
D a t eJ:u n e1 2 , 2 0 1 4
Place:Jalgaon

@ tu,-srEXTRUsToNs
LrMrrED
- 425003
Regd.& CorporateOffice:N- 99 MIDCArea,Jalgaon
(0257)
(O2571
@ Fact:
22722732,221227
6, Fax:2210052
X contact@tulsigroup.com
Standalone
Financial
Statements
for the yearended31.03.2014

(Rsin takhs)

In

5r,
no

Particulars

lncomefrom
Operations
NetSales/lncome
from operations
{Netof Excise
Duty)
OtherOperating
Income
Total incomefrom
(net)
operations

Standalone Corresponding Yearto date

date
Preceding
3
3 Months
Figures
for
Figures
for
months
Ended
Corresponding
Current
ended
PreviousYear monthsof P.Y.

31,O3.2074

3L.r2.2013

31.03.2013

Unaudited

Audited

Audited

L927.90

2009.80

Otherlncome

-3505.14

consolidated
for the Year
Ended

Year

2298.48

81.90

Expenditure
a. Costof Material
Consumed
664.34
b. Purchase
of
Stockin trade
413.60
c. Changes
in
lnventoryof
goods,
Finished
stockin tradeand
WIP
537.37
d. Employee
benefitsexpense
247.75
e. Depreciation
and
Amortisation
expenses.
764.77
f. BadDebts
f. Other
expenditure
555.40
Total
2569,97
Profit from
Operationsbefore
OtherIncome,
Interestand
Exceptionalltems
(1-2)

Yearto

Standalone
for the
quarter
Ended

31.03.2013
Audited

31.03,2014 31.03.2013

UnAudited

Audited

4797.77

79487.70

8138.45

19481.70

226.OO

310.92

732.62

310.92

2301.09

5077.L!

t9792.62

421.54

2620.42

72575.4A

3878.55

72515.48

528.99

-7796.94

508.26

1424.24

508.26

562.64

850.43

-350.90

2728.49

(3s0.90)

220.77

279.35

7044.76

942.!2

1044.16

277.43

37.2!

446.79

612.95
2945.96

446.19

356.80
2307,57

2247.66
4432,13

3627.24
17851.03

L737.28
14559,53

3627.24
17851.03

184.98

'1941.59

-6398.56

1941.59

-6.48

a27L

Letts Nufiure the Green Era..,..rM

Laisoning Office:

709JankiCentre,
29ShahIndustrjal
Estate,
off.Veera
Desai
Road,
Andheri(W),
Mumbai-400
053
TEL:+91-22-267
42090
FAX,+91-22-267
42073
mumbai@tulsigroup,com

L9792,52

LrMrrED
@ tr,-sr EXTRUsToNs
- 425003
Regd.& Corporate
Office:N-99 MIDCArea,Jalgaon
Fax:-(d257)2210052
8 Fact:-(0257)22722732,22t2276,
I contact(atulsigrouD.com
/

10

Profit Before
Ordinaryactivites
beforeFinance
cost and
Exceptionalltems
(3+4)

-3506.14

-6.48

184.98

1941.59

-5398.56

1941.59

lnterestand
Finance
Charges

482.77

496.89

231.01

1593.69

1985.20

1593.69

Profit Before
Ordinaryactivites
after Financecost
but before
Exceptionalltems
(s+5)

-3988.25

-503.37

-46,03

347.90

Exceptional
ltems

0.00

Profit/(Loss)from
Ordinary
Activities,Before
Tax (7+8)

-3988.25

-503.37

-45.03

347.90

-8383.75

347.90

77.99

-3.88

-42.87

118.40

87.06

118.40

Net Profit from

ordinary
Activities,After
tax (9-10)

-4066.25

-499.49

-3.22

229.50

-4470.42

229.50

Extraordinary
Items

677.04

0.00

677.O4

229.50

-9147.85

TaxExpense

-8383.75

347.90

0.00

Net Profit for the

13 period(11-12)

-4743,24

-499,49

-3.22

Shareof profit /
(loss)of
associates*

l)

Minorityinterest

16

Net Profit / (toss)

after taxes,
minority interest
and shareof profit
Let's Nurture the Green Eta,.,.,rM
Laisoning Oflice:

709Janki
Centre,29
Shah
Industrial
Estate,
Off,Veera
Desai
Road,
Andheri(W),
Mumbai+00
053
lELt +91-22-267
42090FI'X:+91-22-267
42073
mumbai@tulsigroup.com

229.50

tutsrExrRusroNs
LrMrrED
Regd.& CorporateOffice:N- 99 M IDCArea,Jalgaon- 425O03
8 Fact:-(02s7)22722732,22L2276,
Fax.'(0257\22rOO52

E
/ (loss)of
associates(13 + 14
+15)*

Paid-up
equity
sharecapital
(FaceValueof the
Shareshallbe
indicated)

18

19

-4743,28

-499.49

-3.22

229.50

-9147.aS

229.50

2749.46

2749.46

2749.46

2749.46

2749.46

2749.46

10.00

10.00

10.00

10.00

10.00

10.00

Reserveexcluding
Revaluation
Reserves
as
per balance
sheet
of previous
year
accounting
Earnings
PerShareEasic& Diluted
(Rs.)
a. Before
Extraordinary
trems
(of _______,/each)
(not annualised):
(a) Basic
(b) Diluted

72520.44

72520.44

-L4,79
-L4.79

-7,42
-1.82

-0.01
-0.01

0.83
0.83

-30,81
-30.81

0.83
0.83

-L7.25
-17.25

-1.82
-1.82

-0.01
-0.01

0.83
0.83

-33.27
-32.27

0.83
0.83

b. After
Extraordinary
tIem5

(of -_____-,/each)
(notannualised):
(a) Basic
(b) Diluted

Letts Nurtufe the Green Era.....TM

Laisoning Office:

709JankiCentre,
29Shahlndustrial
Estate,
Off.Veera
Desai
Road,
Andheri(W),
Mumbai_400
053
+91-22-267
TEL:+91-22-267
42090
FAX:,
42073
mumbai@tulsigroup,com

. t ,

LtMtrED
@ tutst EXTRUstoNs
- 425003
Regd.& CorporateOffice:N- 99 MIDCArea,Jalgaon
6, Fax:-(O2s7l22IOO'2
8 Fact: (0257)22722732,22'J.227
X contact@tulsigroup.com

no

A
I

corresponding Yearto date

Yearto date
Preceding
Previous
3 Months
Figuresfor
Figuresfor
3 months
Year
EndedPrevious
Current
PreviousYear
ended
Ended
Year
Year
Ended,
31.03.2014 30.09.2013 31.03.2013
31.03.2014 31,03.2013 31.03.2013
audited
Audited
Audited
Audited
Audited
Audited
Quarter
Ended

Particulars

PARTICULARS
OF
SHAREHOLDING
Publicshareholding
- Numberof shares
- Percentage
of shareholding
Promoter'sand Promoter
Groupshareholding
a. Pledged/Encumbered
- Numberof Shares
- Percenta8e
( asa
of Shares
% ofthe total shareholding
of promoterand promoter
group)
- Percentage
( asa
of Shares
% of the total sharecapitalof
the company)

20339453
73.98

20344460
73.99

20429102
74 . 3 0

20339463
73.98

20429102
74.30

20429LO2
14.30

3412500

5132500

5132500

3412500

5132500

5132500

47.69

71.78

47.69

77.74

72.78

72.47

74.67

72.47

78.67

78.67

3142647

2077647

'72.78

18.67

b. Non-encumbered
- Numberof Shares
- Percentage
of Shares( asa
% of the totalshareholding
of promoterand promoter
group)
- Percentage
of Shares
{ asa
% of the total sharecapitalof
the company)

1933008

1933008

1933008

27.36

27.36

27.36

7.O3

7.O3

7.03

28.22

13.61

Particulars
B

37 42647

7.34

3 months
ended
31.03.2014

INVESTOR
COMPLAINTS
Pending
at the beginning
of the
quarter
Received
duringthe quarter
Disposed
of duringthe quarter
Remaining
unresolved
at the end
of the quarter

Let's Nurture the Green Era,.,.,TM

Laisoning Office:

709JankiCentre,
29ShahIndustrial
Estate,
Off.Veera
DesaiRoad,
Andheri(W),
Mumbai-400
053
TEL,+91-22-267
42090FAX+91-22-267
42019
mumbai@tulsigroup.com

trrsr EXTRUsToNs
LrMrrED

Regd.& CorporateOffice:N- 99 MIDCArea,Jalgaon

_ 425OO3
@ Fact:-(0257)22722732,22L2276,
(0257\
Fax:22!0052
Balancesheet

the year

EQUTTY
AND UAB -tTtES
SHAREHOIDERS
FUNDS
ShareCapital
Reserves
andSurplus
Moneyreceivedagainstshare
warrants
Sub-total- Shareholders'funds

2749.46
72520.44

Shareapplication
moneypending
allotment
Minority interest
NONCURRENT
TIABILITIES
LongTerm Borrowings
Deferred
TaxLiability(Net)
LongTerm Provisions
Sub-total- Non-currentliabilities
CURRENT
LIABITITES
ShortTermBorrowings
TradePayables
OtherCurrentLiabilities
ShortTermprovisions
Sub-total- Currentliabilities
- EqulTYAND r-tABtUTtES
TOTATASSETS
NONCURRENT
ASSETS
FixedAssets
CapitalWorkin progress
(including
advances)
NonCurrentlnvestments
LongTermloansand advances
OtherNonCurrentAssets
Sub-total- Non-currentassets
CURRENT
ASSETS
lnventories
TradeReceivables
CashandCashEquivalents
OtherCurrentAssets
Sub-total- Cur.ent assets

8607.47
2083.65
776.24
774.06

70692.7s
4733.97
333.s4
367.77

8249.74

6442.80

5020.44
3779.94
577.69
0.00

5493.53
364.49
427.44
7245.52

1047.96
3608.41
455.27
886.04

10353.15
7424.06
44L3.22

Let's Nurture the Gteen Era,.-

L"i"ottitg offitt'70gJankicentre,29
shahIndustrial
E
V_eera
D^esai
Road,
Andheri(W),
Mumbai+00
053
. +91-22-267
,_,
,", "^*llr,j91
TEL:
42090
FAXt+91-22-267
4207g
mumbai@tulsigroup.com'

trtsr ExrRusroNs
uMrrED
Regd.& Corporate
- 425OO3
Office:N-99 MtDCArea,Jalgaon
(0257)
8 Factr
22722732,22L227
6, Fax- (0257122LOO52

7
Notes:
l The aboveresultswere reviewedby the audit committeeand approvedby the Board
of Directorsin their
respective
meetingsheldon June12,2014.
2 ThestatutoryAuditorsof the companyhascarriedout the rimitedreviewof the resurts.
3 The company'sprimarysegmentis productionof plasticpipesand fittingsonly hence
is the only reportable
segment.
Thecompanyoperatesonlyin lndia,so geographical
se8mentation
is irrelevant.
4. The previous yea/s/quarter's figures have been regrouped/rearrangedin
conformity with the revised
Schedule
Vt of the Companies
Act,1956.
5 Thecompanyhasonly one foreignsubsidiary
i.e.TulsiInternational
FzE,Dubaiandthe companyhasadopted
the optionto publishunauditedfinancialquarterresultson standalone
basisonly as per ctausearlrjlefot tne
Iistingagreement.
6 The inapplicable
items in the format of the aboveresultsas per Annexureto the clause41 of the Listins
Agreement
havenot beendisclosed.

Forand on behalfof the Board

il L\:

Place:Jalgaon
Date:June 12, 2014

\I\t,^.--PradipMundhra
ManagingDirector

Let's Nurture the Crcen Eta,.,.,rv

70e
Jankicentre,
2eshah
IndustriarEiqGlffilll.?iff&inoao,
enorrerilwy,
Mumbai-400
053
TEL:+91-22-267
-22-267
42090
FAX:+91

42073

mumbai@tulsigroup.com