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Financial Results & Limited Review Report For June 30, 2015 (Company Update)
Financial Results & Limited Review Report For June 30, 2015 (Company Update)
KANCOTEA& INDUSTRIES
Sarani,Kolkata-700017
Tower',3rd Floor,31,Shakespeare
Regd.Office: 'Jasmine
CIN-L15491W81983PLC035793
Website: www.kancotea.in,
E-Mail: contact@kancotea.in,
Telefax'.22815217,
Resultsfor the Quarterended30thJune,2015
Financial
Standalone
Unaudited
( { in Lakhs,exceptfor share data)
Audited
Reviewed
PART I
sl.
YearEnded
QuarterEnded
31stMarch,
June,
30th
March,
30thJune, 31st
2015
2014
2015
2015
No,
IncomefromOperations
I
fromoperations
Netsales/lncome
I
TotalIncomefromOperations
I
2 Expenses
I
consumed
(a) Costof materials
I
of finishedgoods
(b) Changesin inventories
I
benefitexpense
(c) Employee
I
expenses
andamortisation
(d) Depreciation
I
(e) Power& Fuel
I
of StoresandSpares
(f) Consumption
I
Expenses
(g) Selling& Distribution
I
(h) Otherexpenses
I
TotalExpenses
I
3 Profit/ (Loss)from operationsbeforeother income,financecosts andl
items(1-2)
exceptional
l
1
income
4 lo,n.,"
I
5 lProfit / (Loss) from ordinary activities before finance costs andl
items( 3+4)
lexceptional
]
costs
6 lFinance
7 lerofit / (Loss)from ordinaryactivitiesafter financecosts but before
items(5- 6 )
lexceptional
ltems
8 lExceptional
9 lProfit/ (Loss)fromordinaryactivitiesbeforetax(7-8 )
I
1 0 lTaxexpenses
1 1 lProfit/ (Loss)fromordinaryactivitiesaftertax(9 - 10 )
ltems(netof tax expense)
1 2 lExtraordinary
1 3 lNetProfit/ (Loss)for the period(11-12)
equitysharecapital(FacevalueperShare<10/-)
1 4 leaiO-up
Reserveas per balancesheetof
Revaluation
excluding
1 5 lReserves
year
accounting
Iprevious
items)(of{ 10/-each)
PerShare(before& afterextraordinary
1 6 lEarnings
l(notannualised)
I
la)Basic
lb)Diluted
soel
50eI
I
1741
(583)|
4 0 1|
271
761
112
28
82
317
192
18
210
(asa o/oorthe
totar
3:L:i',Tr1f:i':;il"'
"n^,"7@
COmpany)
",4,Tr.
6Z:i$)
ili:'tliEj
//r-/
,r \1
,t?l
^lil
1 6 3|
(543)l
348|
i:l
1341
1 0 8I1
(?04)
I
341
721
1411
I
3841
(30)|
1 4 8 |1
1521
313
43
173
359
450
,*:l
186
18;
32
141
110
340
(5e5)l
M;
(5eil
M;
340
31
309
186
170.76
-l
(5e5)
,0,
|
170.761 170.76
10.89
10.89
(34.84)
(34.84)
u{2;
408
190
419
3317
91
.'"ll
70.3501
3408|
34081
32
93
340
130
24
186
PART l l
A IennrtcuLARSoF SHAREHoLDING
1 lPublicShareholding
5
50631
- Numberof Shares
|
29.650/o
- Percentage
Shareholding
of
I
GroupShareholding
andPromoter
2 lPromoter
/
Encumbered
l(a) Pledged
- Numberof shares
|
of promoter
- Percentage
of shares(as a o/oof the totalshareholding
I
group)
promoter
and
I
- Percentageof shares (as a o/oof the total share capitalof the
I
company)
I
l(b) Non-encumbered
1201294
- Numberof shares
|
o/oof the totalshareholding
of promotet 100.0001
- Percentage
(as
a
shares
of
I
II
siil li:ll
8.26
8.26
i&
309
170.76
2039
17.93
17.93
506828
5
50631
29.650/o 29.680/o
5 0 6 35
1
29.650/o
1201294 1200781
100.00% 100.00%
1201294
100.00%
70.35o/o 70.32%
70.35o/o
Quarterended30thJune,2015
COMPLAINTS
INVESTOR
of the quarter
Pending
at the beginning
duringthe quarter
Received
of duringthe quarter
Disposed
at the endof the quarter
unresolved
Remaining
Notes
'1. The Audit Committeehas reviewedthe above resultsand the Board of Directorshave approvedtheaboveresults.The
StatutoryAuditorsof the Companyhavecarriedout a LimitedReviewof the aforesaidresults.
2. The Companyis primarilyengaged in the businessof cultivation,manufactureand sale of tea, which is seasonalin
character,figuresfor the currentperiodcan not be takenas indicativeof likelyresultfor the yearending31stMarch,2016.
3.
4.
5.
6.
7.
I
the 3rdAugust,2015
Kolkata,
t/a*JstU.Kanoria
& Director
Chairman
D
S
KA N C OT E A & IN D U S TR IELIMITE
Sarani,Kolkata- 700017
Regd.Office: 'JasmineTower',3rd Floor,31, Shakespeare
CIN-L15491WB1983PLC035793
Website: www.kancotea.in,
Telefax:22815217,E-Mail: contact@kancotea.in,
FinancialResultsfor the Quarterended30thJune,2015
UnauditedConsolidated
( { in Lakhs, except for share data)
Audited
Reviewed
Year Ended
QuarterEnded
PART I
st.
No.
3
4
5
6
7
IncomefromOperations
Net sales/lncomefrom operations
Total Incomefrom Operations
Expenses
(a) Costof materialsconsumed
of finishedgoods
(b) Changesin inventories
(c) Employeebenefitexpense
expenses
(d) Depreciation
and amortisation
(e) Power& Fuel
(f) Consumptionof Storesand Spares
Expenses
(g) Selling& Distribution
(h) Otherexpenses
TotalExpenses
Profit/ (Loss)from operationsbefore other income,finance costs and
items(1-2)
exceptional
Otherincome
Profit / (Loss) from ordinary activities before finance costs and
items(3+4 )
exceptional
Financecosts
Profit / (Loss) from ordinary activitiesafter finance costs but before
exceptionalitems(5- 6 )
Exceptionalltems
Profit/ (Loss)fromordinaryactivitiesbeforetax( 7-8 )
Tax expenses
Profit/ (Loss)from ordinaryactivitiesaftertax( 9 - 10 )
ltems(netof tax expense)
lExtraordinary
(Loss)
for the period(11-12)
/
Profit
lNet
interest
lMinority
Ittet Profit/ (Loss)aftertaxes,minorityinterestfor the period(13-14))
equitysharecapital(Facevalueper Share{10/-)
lPaiO-up
Reserveas per balancesheetof
lReservesexcludingRevaluation
year
previous
accounting
I
items)(of t 10f each)
1 7 lfarningsPer Share(before& afterextraordinary
annualis ed)
l (n o t
l a )B a s i c
8
I
10
11
12
13
14
15
15
16
oituteo
In;
'tl
PARA I e n n rc uLA RS oF SH AR EH o L D IN G
1 l Pu b licS har eholdin g
- Numberof Shares
I
of Shareholding
Percentage
I
2 lPromoterand PromoterGroupShareholding
l (a ) P ledged/ E nc u mb e re d
Numberof shares
I
Percentageof shares(as a % of the totalshareholdingof promote
I
promotergroup)
and
I
percentageof shares (as a oh of the total share capital of the
I
company)
I
(b) Non-encumbered
- Numberof shares
- Percentageof shares(as a % of the total shareholding of promote
and promotergrouP)
- Percentageof shares (as a o/oot the totalshare
"ffi
company)
|
\ .
- _ _
ffi
s,
;l
47ol
4701
3771
50el
50eI
I
377|
,l
34081
34081
I
1741
(583)l
4 0 1|
271
76
112
28
85
320
189
134
|
1 0 8 1|
(704)l
163
(543)
348
34
72
141
32
93
340
130
18
207
1 2 8|
(576)l
43
173
35el
4501
3401
3401
2e7l
4541
1"1
i;l
trl
24
183
'"ol
32
141
183
(ses)l
141
183
rsssrl
-l
141
,ua
(5es)l
141
(5e5)l
170.76
506315
29.65%
1201294
100.00-1
7O.35Yc
,0,
170.76
506828
29.68%
I
lzotzsq 1200781
100.00% 100.00%
?,fn,
33171
nrl
uonl
I
30e
l
170,76
2039
17.93
17.93
506315
29.65%
7032%
1 e 0|
4 1 Ie
311
30el
8.26
8.26
7A35%
4o8l
(34.84)
ts+.'b+l
10.72
14.72
1 4 8 I1
1521
3131
11ol
-l
183
170.76
3841
(30)l
506315
29.65%
1201294
10 0. 00%
7A.35%
Quarterended30thJune,2015
Particulars
I N V E S T OC
RO M P L A I N T S
P ending
at t h eb e g i n n i nogf th e q u a rte r
Received
duringthe quarter
Disposed
of duringthe quarter
Remaining
unresolved
at the end of the quarter
Notes
The Audit Committeehas reviewedthe above results and the Board of Directorshave approvedtheaboveresults.The
1
StatutoryAuditorsof the Companyhave carriedout a LimitedReviewof the aforesaidresults.
The Consolidatedaccountshave been preparedas per AccountingStandard(AS) 21 on ConsolidatedFinancialStatements.
2.
B
3.
The Company is primarilyengaged In the businessof cultivation,manufactureand sale of tea, which is seasonal in
character,figuresfor the currentperiodcan not be taken as indicativeof likelyresultfor the year ending31st March,2016.
4.
Audited
Reviewed
30thJune, 31stMarch, 30thJune, 3 1stM ar ch,
2015
2014
2015
2015
(Turnover)
470
3408
377
509
1 IncomefromOperations
(595)
340
141
186
2 Profit before tax
(584)
128
309
181
Profit after tax
dealing
Standard-17
no disclosureunderAccounting
segment,whichis tea.Accordingly,
The Companyhas one reportable
with Segment Reportinghas been made.
The cost of materialsconsumed representsonly green leaf purchasedfrom third parties
The tax
The ultimatetax liabilitycan be ascertained
at the end of the year in view of the seasonalnatureof tea business.
for
no provision
at the end of the financialyear.Therefore,
liability
for currenttax as well as deferredtax will be determined
CurrentTax and DeferredTax has beenmade.
figuresbetweenthe auditedfiguresin respectof the full
arethe balancing
Thefiguresfor the quarterended3'1stMarch,2015
figuresup to third quarterended31st
financralyear ended3'1stMarch,2015 and the unauditedpublishedyear-to-date
2014.
Dec em ber,
wherevenecessary,to make them
previousperiod have been restaed/regrouped
The figuresfor the corresponding
comparable.
By the orderof the
/
Kolkata,
the 3rdAugust,2015
#m
tu%
t{.*---:.A.-s*
U .K anor ia
& Director
Chairman
Phones: 2242-919012213-7323
Email:mkjainandco@gmail.com
Fax:
91-33-4005-1810
Phones: 2242-919012213-7323
Email: mkjainandco@gmail.com
Fax:
91-334005-1810
ForJain& Co.
CharteredAccountants
No.302023E)
(Registration
(M.K.Jain)
Partner
No55048)
(Membership
ffi
Arancn:A-6 NarianaVihar,RingRoad,NewDelhi 110028
1810
Phones: 2242-919014005
Email: mkjainandco@gmail.com
MobileNo 9051083800
REPORTON LIMITEDREVIEW
financialresultsof
statementof unauditedstandalone
We havereviewedthe accompanying
LIMITEDfor the quarterended30thJune,2015,except
M/s. KANCOTEA & INDUSTRIES
and 'Promoterand PromoterGroup
regarding'PublicShareholding'
for the disctosures
andhave
madeby the management
whichhavebeentracedfromdisclosures
Sharehotding'
management
of the Company's
is the responsibility
not beenauditedby us. Thisstatement
Our
and has been approvedby the Boardof Directors/ committeeof Boardof Directors.
basedon our review.
is to issuea reporton thesefinancialstatements
responsibility
(SRE)
with the Standardon ReviewEngagement
We conductedour reviewin accordance
Z4OO,Engagementto ReviewFinanciatStatemenfsissued by the Instituteof Chartered
of India.This standardrequiresthat we plan and performthe reviewto obtain
Accountants
moderate assurance as to whether the financial statementsare free of material
A reviewis limitedprimarilyto inquiriesof companypersonneland analytical
misstatement.
procedures
appliedto financialdata and thus providesless assurancethan an audit'We
w do notexpressan auditopinion.
an auditandaccordingly,
havenotperformed
us
Basedon our reviewconductedas above,nothinghas cometo our attentionthatcauses
preparedin
to betievethat the accompanyingstatementof unauditedfinancialresults
practices
accounting
standardsand otherrecognised
accounting
with appticabte
accordance
requiredto be disclosedin termsof clause41
and policieshas not disclosedthe information
or that it
of the ListingAgreementIncludingthe mannerin which it is to be disclosed,
containsany materialmisstatement.
F o rJ a i n& C o .
Accountants
Chartered
No.302023E)
(Registration
frtq
(&,
Acc912
Vihar,RingRoad,NewDelhi- 110028
B.r.ch' AS Nariana
( M .K . J a i n )
Partner
No 55048)
(MembershiP