kirloskar · 2020. 6. 10. · kirloskar ferrous industries limited a kirloskar group company...

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KIRLOSKAR FERROUS INDUSTRIES LIMITED A Kirloskar Group Company Registered Office : 13, Laxmanrao Kirloskar Road. Khadki, Pune 411003, Maharashtra, lndia. Telephone No : (020) 66084664 Fax No : (020)25813208 Email : [email protected] Website : www kfil.com CIN : 1271 0 1 PN 1 991 P1C063223 Statement of Unaudited Financial Results for the quarter ended 30 June 2019 (Rupees in Lakhs) Sr. No. Farticulars Quarter ended Year ended 30/06/2019 31t03t2019 30/06/201 I 31103/201 I Unaudited Audited Unaudited Audited 1 Revenue from Operations Other lncome 48, 1 99 .15 54.004 49.626 39 a I E Ot E 553 Total income (1+2) 48,21A 54,395 49,665 2,16,468 4 Expenses (a) Cost of Matenais consumed (b) Purchase of stock-in-trade (c) Changes in inventories oi iinrshed goods, Stock-in -Trade and wort-in-progress (d) Employee benefits expense (e) Finance costs (f) Depreciation and amortisatron expense (g) Other expenses 3i.862 (902) 2,381 490 1,406 10,348 34.614 (380) ) 479 4JO 1.429 12,469 884 31 i528\ 2,215 380 1.284 12,595 1 .34.478 1 397 {859) L374 1.647 5.42A 50,340 Total Expenses 45,585 51,047 47,826 2,01,797 Profit before exceptional items and tax (3-4) 2,629 3,348 1,839 14,671 Exceptional ltems 7 Profit before tax (5-6) 2,629 3,348 1,839 14,671 Tax expense (a) Current tax (b) Deferred tax (c) Shorl provision of eariier years 899 i10e) 4 612 181 S IAt 1.128 Total Tax expense 7An 736 793 4 860 Profit for the period (7-8) 4 R?C 2,612 1,046 9,811 1C Other Comprehensrve inc0me A) (i) ltems tnat will not be reclassified to profil or loss (ii) lncome tax relating to items that will not be reciassified to profit or loss B) (i) ltems that will be reclassified to profit or loss (ii) lncome tax relating to items that wrll be reclassified to profit or loss {ot 1 )n 26 (e) 1 '16 {41 41 t'1) Total Other Comprehensive lncome (41) 17 7 27 11 Total Comprehensive income lcomprising Profit (after tax) and Other Comprehensive lncome (after tax) for the periodl (9+101 1,798 2,629 1,1?1 9,838 12 Paid-up equity share capital (Face value of Rs. 5 each) 6,882 6,882 6,865 6,882 IJ Earnings Per Share (in Rupees) (not annualised) (a) Basic (b) D,t"teo 1.34 1 .33 1.90 1.89 0.76 0.76 7.14 a 1) Place : Pune Date '. 22 Ju Iy 201 9 ffi Notes : 'l The Company operates only in one segment, namely lron Castings. 2 This statement has been prepared in accordance with the Companres (lndian Accounting Standards) Rules, 2015 ('lND AS') prescilbed under Sectron 133 of the Companies Act. 20'13 and other recognised accounting practices and policies k the extent applicable. 3 The above results have been revlewed and recommended by the Audit Committee and approved by the Board o Directors ai their i'espective meetings held on 22 July 2019. The above results are a{so subiected to'Limited Revrew'br the Statutory Auditor 4 Figures have been regrouped wherever necessary to make them comparabie R. V. Gumaste Managing Director (DlN . 00082829) r Ferrous lndustries Limited PAi l"! f* tr/ r/ \; firru \ roil Firl a;!$N A n"*9iY t -W'

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Page 1: KIRLOSKAR · 2020. 6. 10. · KIRLOSKAR FERROUS INDUSTRIES LIMITED A Kirloskar Group Company Registered Office : 13, Laxmanrao Kirloskar Road. Khadki, Pune 411003, Maharashtra, lndia

KIRLOSKAR FERROUS INDUSTRIES LIMITEDA Kirloskar Group Company

Registered Office : 13, Laxmanrao Kirloskar Road. Khadki, Pune 411003, Maharashtra, lndia.Telephone No : (020) 66084664 Fax No : (020)25813208 Email : [email protected] Website : www kfil.comCIN : 1271 0 1 PN 1 991 P1C063223Statement of Unaudited Financial Results for the quarter ended 30 June 2019

(Rupees in Lakhs)

Sr.No.

Farticulars Quarter ended Year ended

30/06/2019 31t03t2019 30/06/201 I 31103/201 IUnaudited Audited Unaudited Audited

1 Revenue from Operations

Other lncome

48, 1 99.15

54.004 49.626

39

a I E Ot E

553

Total income (1+2) 48,21A 54,395 49,665 2,16,468

4 Expenses

(a) Cost of Matenais consumed

(b) Purchase of stock-in-trade

(c) Changes in inventories oi iinrshed goods,Stock-in -Trade and wort-in-progress

(d) Employee benefits expense

(e) Finance costs

(f) Depreciation and amortisatron expense

(g) Other expenses

3i.862

(902)

2,381

490

1,406

10,348

34.614

(380)) 479

4JO

1.429

12,469

88431

i528\2,215

380

1.284

12,595

1 .34.478

1 397

{859)L374

1.647

5.42A

50,340

Total Expenses 45,585 51,047 47,826 2,01,797

Profit before exceptional items and tax (3-4) 2,629 3,348 1,839 14,671

Exceptional ltems

7 Profit before tax (5-6) 2,629 3,348 1,839 14,671

Tax expense(a) Current tax

(b) Deferred tax

(c) Shorl provision of eariier years

899

i10e) 4

612

181

S IAt

1.128

Total Tax expense 7An 736 793 4 860

Profit for the period (7-8) 4 R?C 2,612 1,046 9,811

1C Other Comprehensrve inc0me

A) (i) ltems tnat will not be reclassified to profil or loss

(ii) lncome tax relating to items that will not bereciassified to profit or loss

B) (i) ltems that will be reclassified to profit or loss

(ii) lncome tax relating to items that wrll be reclassifiedto profit or loss

{ot 1

)n

26

(e)

1 '16

{41

41

t'1)

Total Other Comprehensive lncome (41) 17 7 27

11 Total Comprehensive income lcomprising Profit (aftertax) and Other Comprehensive lncome (after tax) for theperiodl (9+101

1,798 2,629 1,1?1 9,838

12 Paid-up equity share capital (Face value of Rs. 5 each) 6,882 6,882 6,865 6,882

IJ Earnings Per Share (in Rupees) (not annualised)(a) Basic

(b) D,t"teo

1.34

1 .33

1.90

1.89

0.76

0.76

7.14a 1)

Place : PuneDate '. 22 Ju Iy 201 9 ffi

Notes :

'l The Company operates only in one segment, namely lron Castings.

2 This statement has been prepared in accordance with the Companres (lndian Accounting Standards) Rules, 2015 ('lND

AS') prescilbed under Sectron 133 of the Companies Act. 20'13 and other recognised accounting practices and policies kthe extent applicable.

3 The above results have been revlewed and recommended by the Audit Committee and approved by the Board o

Directors ai their i'espective meetings held on 22 July 2019. The above results are a{so subiected to'Limited Revrew'brthe Statutory Auditor

4 Figures have been regrouped wherever necessary to make them comparabie

R. V. GumasteManaging Director (DlN . 00082829)

r Ferrous lndustries Limited PAi

l"!f*tr/

r/ \;

firru \roilFirl a;!$N

An"*9iY

t-W'

Page 2: KIRLOSKAR · 2020. 6. 10. · KIRLOSKAR FERROUS INDUSTRIES LIMITED A Kirloskar Group Company Registered Office : 13, Laxmanrao Kirloskar Road. Khadki, Pune 411003, Maharashtra, lndia

KIRTA\IE &PA}TDIT LLP

INDEPENDENT REVIEW REPORT FOR THE QUARTER ENDED JUNE 30, 2019FINANCIAL RESULTS

To the Board of Directors ofKirloskar Ferrous Industries Limited

1. We have reviewed the accompanying statement of unaudited financial results of

Kirloskar Ferrous lndustries Limited (the "Company") for the period ended June 30,

2}1rg ("the Statement"). 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.

2. We conducted our review of the Statement in accordance with the Standard on

Review Engagements (SRE) z4L}"Review of lnterim Financial lnformation Performed

by the Independent Auditor of the Entity", issued by the lnstitute of Chartered

Accountants of lndia. 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 analytical procedures applied to financial data and thus provides less

assurance than an audit. We have not performed an audit and accordingly, we do not

express an audit opinion.

3. 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 recognized

Page t of 2

Kirtane & Pandit LLP - Chartered AccountantsPune N{umbai Nashik Bangaluru ' H--vderabad

Regd.Office:sthFloor,WingA,GopalHouse,S.No.l2Tl18/l,PlotAl,0pp.HarshalHall,Kothrud,Pune-411038,|ndia Tel:+91 20-67295100125433104

www"kirtanepandit,com Ernail : [email protected]

Page 3: KIRLOSKAR · 2020. 6. 10. · KIRLOSKAR FERROUS INDUSTRIES LIMITED A Kirloskar Group Company Registered Office : 13, Laxmanrao Kirloskar Road. Khadki, Pune 411003, Maharashtra, lndia

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.

For Kirtane & Pandit LLP

Chartered AccountantsFirm Registration No. 1052 15W/W100057

Suhas DeshpandePartnerMembership No.: 31787

u Dl N t9a3!7 87 AAAAAI LL76

Pune, July 22,2A19

Page 2 of 2

Kirtane & Pandit LLP

Chartered Accountants