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CORPORATE OFFICE : 8th FLOOR, EXPRESS TOWERS, NARIMAN POINT, MUMBAI - 400 021. (lNDlA)
TEL. : (91-22122885959 FAX: (91-22122886393 e-mail:jbf@vsnl.com Internet site: http://www.jbfindia.com
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RefNo.
:JBF/SECTL/SE/IO:o
26tn
August,20l6
The Secretary
Bombay Stock Exchange Limited
Pheroz Jeejabhoy Towers,
Dalal Street,
Mumbai, Maharashtra 400 001.
Sir/Madam,
Thanking you,
Yours Faithfully,
FoT JBF INDUSTRIES
LIMITED
COMPANY SECRETARY
REGD. OFFICE : SURVEY NO. 273, VILLAGE ATHOLA, SILVASSA-396 230. (lNDlA)
TEL. : +91-0260-2642745146,2643861162 . FAX : +91-0260-2642297 E-mail : admin@ibfmail,com
(lso 9oo1 , 14001 , 18001 CERTIFIED) CIN ' L99999DN 1 982PLC000128
I
I
1.
20 1 S. Th
column
Months ended 30.06.16'.
-Months Figures shown in the provided by the
as
,,Corresponding 3are
30.06.15"
enOiO
management of the ComPanY
3.
4.
we
in
Emphasis of Mafter
parties in respect
(i) Trade receivables amounting to Rs. 5152 lacs due from
proceedings and a provision of Rs'
of which corp.nv n"t initiit"d tetal
the management'
3375 lacs nas-Oeen considered sufficient by
(ii)|nter-CorporateDepositsandinterestaccruedandduethereon
aggregatingtoRs.g6g3lacsduefromcertainpartiesinrespectofwhich
theCompanyinitiated|egatproceedings(inctudingwindinguppetitions
good for recovery by the
against few of them) have been considered
Head Office: 714-Tls,TulsianiChambers, 212, Nariman Point, Mumbai- 400 021, India. Tel.:
URL: www.cas.ind.in
Branches: Ahmedabad
Bengaluru
I Delhi I
Jamnagar
+912230218500
'
Fax
ii;i;
rrli
CHATURVEDI UTSHAH
Chortered Accountonts
il'i'
]:it:
related to
The matters described in paragraph 4 (i) & 4 (ii) above have uncertainties
the outcome of the legal proceedings.
5.
iil
mannerinwhichitistobedisc|osed,orthatitcontainsanymateria|
misstatement'
For Chaturvedi & Shah
Chartered Accountants
(Fir-D8qgistration No'
01
720W)
R. Koria
Partner
MembershiP No. 35629
Place : Mumbai
Dated : 26th August, 2016
Continuation sheet...
Continuation Sheet........
tarticulars
lross
1
Corresponding 3
Months ended
30.06.15
101 ,91 5
98,628
94,002
89,792
95
110
94,097
89,902
ixpenses
l) Cost of materials consumed
77,403
79,246
'118
24
(2,956
(14,731)
2,134
2,004
2,456
2,511
) Other Expenses
10.679
13,382
Iotal Expenses
89.834
82,436
4,263
7,466
947
tto
5,210
8,242
Profit from Operations before Other Income, Finance costs, Exchange Difference
& Exceptional ltems (1-2)
4 Cther Income
Profit from ordinary activities before finance costs, Exchange Difference &
Exceptional ltems (3+4)
c a) Finance Costs (Net) (Refer note no.-S)
4,082
4,546
299
818
Profit from ordinary activities after Finance costs & Exchange Difference but
before Exceptional ltems (5-O)
829
2,878
829
2,879
(154
928
983
1,950
983
1,950
ixceptional ltems
Profit from Ordinary Activities before Tax (7-8)
1
11
ixtraordinary ltem
14
1T
(18',
(301
953
1.932
8,187
6,550
1.20
2.98
1i iarning Per Share ( Basic & Diluted) - Before Other Comorehensive income (Not
\nnualised)
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Continuation Sheet........
Notes:
1 The Board of Directors approved the above mentioned financial results, duly reviewed by audit committee at its meeting held on
2{he
Statutory auditors of the Company have carried out a Limited Review of the above results.
3 The Company Adopted the Indian Accounting Standard (" Ind AS") and accordingly these financial results have been prepared
in accordance with the recognition and measurement principles laid down in Ind AS 34 -" Interim Financial Reporting" prescribed
under section 133 of the Companies Act, 2013. These financial results have been prepared in accordance with the Companies
(lndian Accounting Standard) Rules 2015 ( Ind AS) prescribed under section 133 of the Companies Act, 2013. The date of
transition to Ind AS is 1st April, 2015. The Figures for the quarter ended 30th June 20'l 5 are also Ind AS Compliant. They have
not been subject to limited Review or audit. However, the management has exercised the necessary due diligence to ensure that
the financial results provide a true and fair view of the Company's affairs. The Company will provide a reconciliation of its equity
for the previous year ended 31st March, 2016 at the time of submitting the audited financial statements for the year ended 31st
March,2017. These results have been prepared in accordancewith regulation 33 of the SEBI ( Listing Obligation and Disclosure
Requirements) regulation, 2015 read with SEBI circular dated 5th July, 20'16.
4 Reconciliation between financial results as previously reported under previous GAAP and
2015:
Rs. In Lacs
J Monrns penoo
ended 30.06.15
S.no Particulars
(i)
(i
(
i)
iii)
2,014
Q34
(131
(iv)
109
(v)
(vi)
164
28
1.950
6 lmplementation of the 1.25 Million Tonnes per annum green field PTA project at Mangalore, being executed through Step
down
subsidiary JBF Petrochemicals Ltd is proceeding satisfactorily.The project is expected to be completed by the end of cunent
financial year.
7 In the opinion of the management, the company is engaged only in the business of producing polyester based products. As such,
there are no separate reportable segments.
8 Figures in respect of the previous period have been regrouped or rearranged or reclassified wherever necessary to make them
comparable.
--1
BHAGIRATH C. ARYA
CHAIRMAN
Place: Mumbai
Date : 26th August, 2016