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Date: November 09,2016

To,
The Manager - CRD
BSE

Limited

Phiroze ]eejeebhoy Towers,


Dalal Street, Mumbai - 400001.
Fax 202222723L2L
Email : corp.relations@bseindia.com

Company Name: Damodar Industries Limited


Ref.: Scrip Code: 521220
Subiecfi Outcome of Board Meeting held on November 9,20L6.
Dear Sir/Madam,
We wish to inform you that the Meeting of the Board of Directors held today, i.e., Novemb er 9,201.6.The

Board of Directors of the Company approved the Un-audited Financial Results for the Quarter and halfyear ended September 30,20'1.6.
Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed herewith the copy of Un-audited Financial Results of the Company for the
Quarter and half year ended September 30, 20'1.6 alongwith a copy of Limited Review Report, as
received from the Statutory Auditors of the Company.
The meeting of the Board of Directors conunenced at 5. P.M. and concluded at 6.00 p.M.

We are arranging to publish these results in the newspapers as per the SEBI (Listing Obligations and
Disclosure and Requirements) Regulations,2Ol5. The Unaudited Financial Results snifl be ivailable on
the website (www.damodargroup.com) of the company under Investor section.
You are requested to kindly take the same on record and acknowledge receipt.

Thanking You,
Yours Faithfully
For Damodar Industries Limited

Subodh Kumar Soni


Company Secretary

Regd. Office : A1 1202, Centre Point, 243-A, N. M. Joshi Marg, Lower Parel (East), Mumbai- 400 0'13.
.
Tel.:91-22-6661 030112,91-22-2300 1199 | Fax:91-22-6661 0308
Factory : Survey No. 265 I 10 t 1,2 & 3, Demni Road, Dadra Village, D. & N. H. (U. T.) - 396 230
Tel.: 0260-3253390

E-mall

: info@damodargroup.com

I Webslte : www.damodargroup.com

lCttt : t-tittOMH1987PLC045575

DAMODAR INDUSTRIES LIMITED


Regd.Offie:A-1/202, Centre Point,243-A, N.M.Joshi Marg, Lower paret (E) Mumbai - 4OOO13
.
Corporale ldentity Number : Li7.l 1oMHj9B7PLCO45575
Tel: +91 - 022 -6661 03O1-2.Fa\i OZ2- 6661 O3OB
E-mail:cs@damodargroup.com

www.damodargroup.com

AMODAR GROUP

UNAUDlTEDFlNANclALRESULTsFoRTHEQUARTERANDHALFYEAR
Particulara
No

30.09.2016

30.09.2015

Half Y.er Fn.la.l


30.09.2016 30.09.2015
(Unaudited)

(Unaudite,

Bar Endec
31.03.20.t6

(Audiied'l

lncome from operationS:


(a)Net Sales/lncome from operations:

6888.73

18,779.09

14,988.09

Total lncome from Operationa


2

rxpenolture
r) (lncrease)/Oecrease in stock in process & finished goods

))

i) Raw Material Consumed


ii) Goods Traded
iii) Job Work
Employees cost
,) Depreciation and Amortization expenses
)) Other exoenditure

3
5

6
7
8
9
10

:inance costs
)rofit after lnterest but before Exceptional ltems (5-6)
:xceDtionel llems
ProfiuLoss from Ordinary Activities before tax (7+8)
Tax Expense:
a) Current Tax
b) Deferred Tax
c) Prior year tax adiustmenl

11

Iet ProfiuLoss from Ordinary Activities after tax

12
13
14
15
16

ldraordinary ltems
[et ProfiuLoss for the oeriod tl r-l2l
)aid up Share Capital (Rs. 10 each)
leserve excluding Revaluation ReseNe
:arninq Per Share Basic & Diluted (ln Rs.)

(9-101

93_84

16,216.52
672.21
11.07
583.28
317.43
365.8s
365.85

360.26

126.61

124.68

288.30

L'6)7

,rofit from Operations before Other lncome, lnterest and Exceptional ltems(.1-2)
)ther income
)rofit from Operations before lnterest and Exceptional ltems (3+4)

(78.35)
7,114.05
9,063.88
410.88
287.10
1.217.',t6
18.108.56
670.53
7.94
678.47
318.21
360.26

444.81

fotal Expenses
4

(533.40)
6,843.78
7,843.02
109.74

626.96
5,892.95
5,495.98
105.88
558.96
319.50

35,667.82

29,663.1 5

62,O94.57

35,667.82

29,563.r5

62.094.57

(61 1.7s)
13,957.83
16,906.90
203.58
855.69
575.40
u la7 aa

(39.0s
13,472.99

5.71

19.01

10.37

721.27
317.72

1,361.75
635.64

403.5s

726.11

1,579.43
681.44
897.99

622.19
25,406.84
24,405.44
430.65
2,O14.s4
1,277.97
5.146.71
59.304.34
2,790.23
42.23
2,832.48
1,300.48
1,531.98

E97.99

1.531.98

310.77

5E7.22

625.37
33.s6)
0.75
1.039.42
1,039.42

'1.272.31

14.272.53
715.56

403.5r
142.51

34,325.08
1,342.74

728.11
251.29

10,1 16.54

248.52
1,072.70
639.00
2 5n3 3q
28.094.09
1, 569.06

(1

239.24

235.58

261.O4

474.42

239.24
1112 5l

235.58
1112.5t,

261.04
1112 5A

474.82

587.2

1112.58

't112.58
7

2.1

212

2.35

427

5.28

112 5e
711 7A

9.34

7-

DAMODAR INDUSTRIES LIMITED


Statement of Assets and Liabilities
. in Lacs

Particulars

sl.

No.

As at

As at

30.09.2016

31.03.2016

(Audited)

(Unaudited)

A EQUITY AND LIABILITIES


1
Shareholders Fund
a) Share Capital

b) Reserves and Surplus


-

total - shareholders Fund

Non:Current Liabilties
a) Long - Term Borrowing
b) Deferred Tax Liabilities (Net)
c) Other Long - Term Liabilities
d Lono - Term Provisions

-Suu

ffitLiabilities

Gurrent Liabilities
a) Short - Term Borrowings
b) Trade Payables

c) Other Current Liabilities


d't Short - Terms Provisions
SuFToEflC u rrent Liabi ! ities
TOMI::-.:ilTJITI ES AN D LIAB! LITI ES

9,329.1E

1,112.58
7,741.78
8,854.35

1,808.57
528.53

1,836.84
528.53

337.10

2,365.37

7,723.84
349.54

20,376.69

7,142.87
759.13
792.45
202.75
8,897.20
20.116.93

6,729.71

6,877.41

1,112.58

8,216.60

517.64
119.39
8,710.41

B ASSETS

I Non - Current Assets


a) Fixed Assets
b) Goodwill on Consolidation
c) Non - Current lnvestments
d) Long - Term Loan and Advances
e) Other Non - Current Assets

EuEro-EIrn-currentAssets
2

0.04
141.41

0.04
134.64_

6.U/1.1t

7.012.09

5,152.2;
317.42

5,125.60
7,1 13.33
194.57

524.31

671.v

13.505.53

13,104.84
20,116.93

Current Assets
a) Current lnveStments
b) lnventories
c) Trade Receivable
d) Cash and Cash Equivalents
e) Short - Term Loans and Advances
0 Other Current Assets
Sub- Tota! - Current Assets
rOTAL . ASSETS

7,511.55

20,375.69

Notes:

1)

2)
3)
4)

S)

The above results have been reviewed by the Audit Committee and have been approved by the Board of Directors in its
Meeting held on 9th November,2016.
The Statutory Auditors of the Company have carried out Limited Review of the results for the quarter ended September
30,2016.
The Company has only business segment that is "Textile Goods".
Provision for Deferred Tax will be made at the end of the financial year.
Previous period's/yea/s figures have been regrouped/rearranged, wherever necessary.
By Order of the Board of Directors

For Damodar !ndustries Limited

Place:Mumbai
Dated : 09.11.2016

Arunkumar Biyani
Chairman

JITENDRA MISHRA & COMPANY


CHARTERED ACCOUNTANTS

E-103, Joy Homes, Near Dena Bank,


L B S Marg, Bhandup (W), Mumbai - 400078.
Tel :022-25945410
Email: jitendral

I Mobile : 9820483969
2@yahoo.com

Limited Review Report


To,

The Board of Directors

M/s. Damodar Industries Limited


A-tl2O2, Centre Point,
243-A, N.M. Joshi Marg
Lower Parel (E),
Mumbai- 400 013

We have reviewed the accompanying statement of unaudited financial results of M/s. Damodar
lndustries Limited for the quarter and six months ended September 30, 2016 (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.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, Review
of lnterim Financial information performed by the lndependent 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 statement is 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 performqd an audit and accordingly, we do
not express an audit opinion.
Based on our revi6w 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 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, Jitendra Mishra & Company

Chartered Accountants
Firm Registration No: 125334W

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-.(J'itenilra Mishra)

Proprietor
Membership No: FCA LL6676
Place: Mumbai
Date : November 9,20LG

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