SUN SOUR CE (INDIA) LIMITED

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Corp.Office : "Sankalp", Ground Floor ,Next to Bankers Heart lnstitute, Old Padra Road, Vadodara - 390 020, Gujarat, (lndia)
Email : info@sunsource.in, Website : www.sunsource.in
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Date: November 14,2016

To,

Bombay Stock Exchange Limited,

P J Towers, Dalal Street,
Mumbai -400001

Subiect: Unaudited Financial Results for the Quarter ended September 30. 2016

Reference: Requlation

33 & 30 of SEBI (Listinq Obliqations And

Disctosure

Requirements) Requlations. 2015 (Scrip Gode: 517403)

Dear Sir/Ma'am,

Pursuantto Regulation 33 of the SEBI (LODR) Regulations,2015, the Board of Directors at

their meeting held on November 14, 2016, have approved the Unaudited Financial Results
of the Company along with Limited Review Report and Asset Liability Statement for the
quarter and nine months ended September 30, 2016.
Further we are enclosing herewith the Unaudited Financial Results for the Quarter and nine
months ended September 30, 2016 along with Limited Review Report and Asset Liability
Statement of the Company.
Kindly take the above on your record.

'tMr'

For Sun Sourcp lndia Limited

Urmil Shah
Chief Financial Officer

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Regd. Office & Factory :One-Sonal lndustrial Estate (KHODA), Sanand - Viramgam Highway,
Dist. :Ahmedabad - 382 170, Gujarat, (lndia).

JOSHI JAIN & CO.

Ghartered Accountants
A-16,Shivan

Society,

Rajesh Tower,

Off Gotri

Ro@

LIMITED REVIEW REPORT TO 3oth SEPTEMBER, 2016

We have revlewed the accompanyi5rg statement of un-audited financial resutts of SUN soURcE
(lNDlA) LIMITED for the period ended on 30th, September 2016. This statement is the
responsibitity of the Company's Management and has been approved by the Board of Directors.
Our responsibitity is to issue a report on these financial statements based on our review.
(SRE) 2400,
We conducted our review in accordance with the Standard on Revtew Engagement
Engagements to Review the Financial Statemen9 issued by the lnstitute of Chartered
Accountants of lndia. This standard requires that we ptan and perform the review to obtain
moderate assurance as to whether the financiaI statements are free of materiaI misstatement' A
review is timited pr'rmarity to inqulries of Company personnet and anatytical procedures apptied
to financiat data and thus provides less assurance than an audit. We have not performed an
audlt and accord'tngl.y, we do not express and audlt opinton.

Based on our review conducted as above, nothing has come to our attention that cause us to
betieve that the accompanying statement of unaudited financlal resutts prepared in accordance

with appl.icabte accounting standards and other recognized accounting practices and policies
has not disctosed the information required to be discLosed in terms of Regutation 33 of the SEBI
(Listing Obtigations and disctosure Requirement) Regutations, 201-5 inctudlng the manner in
which it is to be disctosed, or that it contains any materiaI misstatement.
For JOSHI JAIN & CO
Chartered Accountants
(lCAl Registratton No 128820W)

SACHIN JOSHI
Partner

Membershlp No:119560

Ptace: Vadodara

Date: 14-l-1-20L6

suN souRcE (rNDrA)

LTMtTED

Statement of Assets and Liabilities as on 30th Septemb er,20L6

n
As at (Curr. half

year and / year

end) 30.09.2015

Particu lars

As at (P.Y. half year

year end)
31.03.2015

and

EQUITY AND LIABILITIES

A
1

SHAREHOLDERS'FL,ND

(a)Capital
(b) Reserves and surplus
(c) Money received against share warrants
Sub Total - Shareholders' funds

application money pending allotment

3 Minority interest *
4 Non-current liabilities
(a) Long Term borrowings
(b) Deferred Tax liabilities (Net)
(c) Other Long Term Liabilities
(d) Long Term Provisions
Sub Total - Non current liabilities
5 Current liabilities
(a) Short Term borrowings
(b)Trade payables
(c) Other current liabilities
(d) Short Term Provisions
Sub Total - Current liabilities

l-14,556,550
(37,620,038

114,556,550
(37,358,062

76,936,5L2

77.L98.48A

14,272,968

13.857.968

L4,272,968

13,857 968

331,570

456,723

1_,988,027

994.442

2,3L9,597

2,45L,L65

93,529.O77

93,507,62L

56,377,717

56,377,7!7

35,000

35,000

31,706,297
5,235,259

3I,706;297
5,119,329
93,238,342

2 Share

TOTAL - EQUITY AND LIABtLtTtES

ASSETS

B
1

Non-current assets
(a) Fixed Assets
(b) Goodwill on consolidation
(c) Non current lnvestment

(d) Deffered Tax assets (net)

(e) Long Term loans and advances

(f) Other Non - current

Assets

Sub Total - Non current Assets

2

93,354,273

Current assets
(a) Current lnvestments

(b) lnventories

(c)Trade Receivables
(d) Cash and Cash equivalents
(e) Short Term loans and advances
(f) Other current Assets
Sub Total - Current Assets

124,804
50,000

219,279

L74,904

269,279

TOTAL. ASSETS

93,529,077

93,507,62L

50,000

By ordel $f.tfe:Board of Directors

Date: 14.11.2016
Place: Vadodara.

Urmi|Shah

Chief Finanbial,officer
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4.i,i..,,.

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'.,.'.''. Chairman
' 'DlN: 02137749

suN souRcE (rNDIA)

LTMTTED

RcgisteTed Off|ce: 1, SONAL INDUSTRIAL ESTATE (KHODA), SANAND-VIRAMGAM HIGHWAY, AHMEDABAD-382

!70.

CIN:

140100GJ 199 2P LC0t7 458. Email : i nfo@su nsource.in

UN-AUDITED FINANCIAT RESULT

Statement of Standalone Unaudited Results for the quarter ended 30th, September, 201,6
(Amount in Rs.)

3 months

Sr.

ended on
30/os/201.6

Particulars

No.

Unaudited
L

Correspondin Year to date

figures for
Previous
g 3 Months
figures for
year
the
3 months
ended in the
cu rrent
previous
ended
' period
previous
period ended
year ended 31103/2016
year
30l06l2ot6
30/os/201,6
30/09/201-s (12months)
(6 months)
30/0e/201,s
Preceding

Unaudited

Unaudited

Unaudited

Unaudited

Audited

lncome from Operation

a) Net Sales / lncome from operations (Net

of excise duty)

b) Other Operating lncome

Total lncome from Operations (net)(a+b)
2

Expenses
a) Cost of materials consumed

b) Purchases of Stock - in - Trade

c) Changes in inventories of finished goods.

Work - in - orosress and stock - in - Trade

d) Emplovee benefits expense
e) Depreciation and amortisatlon expense

1,777,002

f) Other expenses(Any item exceedingl,0% of

the total expenses relating to continuing

217,255

44,721

34,606

261.,976

68,197

2,742,r81.

2L7,255

44,721

34,606

26L,976

68,197

4,519,183

2t7,255

44,727

34,606

26L,976

68,197

4,519,183

operations to be shown separately)

Total Expenses
Profit/(Loss) from Operations before Other
lncome, finance cost & Exceptional ltems(12l

Other lncome
3,910

'6
7

Profit / (Loss) from ordinary activities before

finance costs and exceptional items (3 + 4)

9
10
TL

72
13

t4
15

16

17

18

44,721.

34,606

261,976

68,197

4,51.5,273

217,255

44,721

34,606

261-,976

68,1.97

4,515,273

217,25s

44,721

34,606

261.976

68,197

4,5L5,273

277,255

44,727

34,606

26L,975

68,L97

4,575,273

217,255

44,72L

34,506

26t,976

68,197

4,5.L5,773

-2L7,255

-44,72t

-34,606

-26L,976

-68,197

-4,5t5,273

Finance costs

Profit / (Loss) from ordinary activities after

finance costs but before exceptional items (5

+6)
8

217,255

Exceptional items

Profit (+)/ Loss (-) from Ordinary Activities

before Tax(7+8)
Tax expense

Net Profit (+)/ Loss (-) from Ordinary

Activities after Tax (9+10)
Extraordinary ltems (net of tax expense Rs.
Net Profit (+) / Loss (
for the period (PAT) (11+12)
Share of Profit / (Loss) of Associates*
Minority lnterest*
Net Profit / (Loss) after Taxes, Minority
lnterest and Shbre of Profit / (Loss) of
asiociates (13 + 14 + 15)*
Paid-up Equity Share Capital (Rs.10/- each)
ofthe Share shall be indicated)

(Face Value

Reserves excluding Revaluation Reserves

1,439146L0

14391.4610

14391.461.0

1439L461.0

1439 14610

14391.46L0

-37,620,039

-37,358,052

-32,842,790

-37,620,039

-32,842,790

-37,359,062

as per balance sheet of previous accounting

Earnings Per Share (EPS) : (before

extraordinary items) (of ' J- each) (not
annualised):

Earnings Per Share (after extraordinary

items) (of ' _/- each) (not annualised):

* Applicable in the case of consolidated results.

1. Profit / loss from discontinuing operations,
if any, included in the above shall be disclosed
separately with details thereof.
2. A company which presents quarterly

financlal results ln accordance with lnd AS 34

lnterim Financial Reporting (applicable under
Companies (lndian Accounting Standards)
Rules, 2015) for the period covered by its first
lnd AS financial statement shall comply with
the requirements of paragraph 32 of lnd AS
101 - First time Adoption of lndian
Accounting Standard.

Notes:
The above Financial Result was reviewed by Audit Committee and Approved by the Board of Directors in its meeting held on

74/7tl2Ot6.

1
2
3

There were not made any proceeds of issue of shares or debentures by the company during the quarter.
The Financial Result is prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 (AS
25 - lnterim Financial Reporting) issued by the lnstitute of Chartered Accountants of lndia (lCAl).
There were not changes made in Accounting policies of the Company during the quarter.
The Company is not doing seasonal business hence no need to disclose material seasonal variation.

During the quarter the Company did not recommended Dividend or interim Dividend.
The Company is only in one segment hence not Required to disclose segment wise performance of the Company.
During the quarter no material changes in the composition ofthe company has been occurred.

The above mentioned financial result is also availbale on the website of the Company which is www.sunsource.in

6
1

By order. of the Board of Directors

Date:14.11.2016

Urmil Shahi,,',

Place: Vadodara.

Chief Financilif Officer

Gajjar
Chairman
a

DIN:02137748
a...t,.