TJuc(*rp INDUSTRIES LTD.

9, lJ6ry [121;6" Lr,,cs, Nlumbai- 40{) 0lC.

Office Nos. 15,16 & 17, Maker.Chambers-lll, 1st Flb-or, JamnalalBajaj Road, Nariman Point, Mumbai 400021.
Tel.: 4353 0400 ' .
E-mail : bluechiptex@gmail.com Website : bluechiptexindustrieslimited.com
CIN : L1 71 00MH1 985P1C037 51 4

3th February 2017.

Corporate Relationship Deparhnent,

Bombay Stock Exchange Limited,
Dalal Street,
Mumbai 400 001.

Dear Sirs,

Subiecfi LIn-audited Financial Results for the Ouarter ended 3l't December 2016

With reference to the captioned subject, pursuant to Regulation 33(3)(a) of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations , 2015,
enclose herewith please find the Un-audited Financial Results along with the Limited Review
Report for the quarter ended 3l't December 2016.

Thanking you.

Yours faithfully,
For Blue Chip Tex Industries Limited,

,$*o ft,u''cu
(Ashok Khemani)
Managing Director.

Encl.: a/a.

Works : 63-8. Danudyog Sahakari Sangh Ltd.. Piparia. Silvassa - 396 230. (U.T.), D & N. Haveli . Tel.: (0260) 2ilO632 / 3293596
 RAIENDRA & CO.
CHARTERED ACCOUNTANTS
I j11 Dalamal Tower 2tl Nariman Point Mumbai 400021 Tel : 2285 5770 Fax : 2283 4243 E-mail : contact@rajendraco.com

IN DEPENDENT AUDITOR'S REVIEW REPORT

TO THE BOARD OF DIRECTORS OF
BLUE CHIP TEX INDUSTRIES LIMITED

1. We have reviewed the accompanying Statement of Unaudited Financial Results of Blue Chip
Tex Industries Limited ("the Company") for the quafter and nine months ended 31st
December 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 the Statement based on our review.

2. We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the
Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India.
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 performed an audit and, accordingly, we
do not express an audit opinion.

3. Based on our review conducted as stated above nothing has come to our attention that
causes us to believe that the accompanying Statement, prepared in accordance with the
applicable Indian Accounting Standards and other accounting practices and principles
generally accepted in India, has not disclosed the information required to be disclosed in
terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations,2015, read with SEBI Circular No. CIR/CFDlCVLDl15l20l5 dated 3Oth November,
2015 and SEBI Circular No, CIR/CFDlFACl6T-12016 dated 5th July, 2016, including the manner
in which it is to be disclosed, or that it contains any material misstatement"

For Rajendra & Co.

Chartered Accountants
(Registration No. 108355W)

Akshay R. Shah
Partner
Membership No.103316
Mumbai
Dated: 3'd February 2017
 BLUE GHIP TEX INDUSTRIES LIMITED
CIN : L17100MH1985PLC037514
Registered Office : Jasvilla,2nd Floor,9, New marine Lines,Mumbai400020.

UNAUDITED FINANCIAL RESULTS

FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER 2016
( { in Lakhs
Nine Months
Quarter Ended Ended Quarter Ended
Sr. Particulars
31.12.2016 31.12.2016 31.12.2015

No. Reviewed Reviewed Reviewed

1. Iotal income from operations (net) 3,082.15 10.109.85 3,336.78
2. Net ProfiU (Loss) from ordinary activities after tax 45.91 186.85 76.1 I
3. Net ProfiU (Loss) for the period after tax (after Extraordinary
items) 45.91 186.85 76.19
4.
Equitv Share Capital - Paid up 197.05 197.05 197.05
5.
Reserves ( exclulding Revaluation Reserve as shown in the
Balance Sheet of previous year)
b. Earnings Per Share (face value of ( 10/- each)
Basic and Diluted before extraordinary items 2.33 9.48 3.87
Basic and Diluted after extraordinary items 2.33 9.48 3.87
Notes:
1' The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges
under Regulation 33 of the SEBI (Listing dnd Other Disclosure Requirements) Regulations,2015. The Full
format of the Quarterly Financial Results are available on the Stock Exchange's website www.bseindia.com and
also on Company's website www. bluechiptexind ustrieslimited.com
2 The above results were reviewed by the Audit Committee and approved by the Board of Directors of the
Company at their meeting held on 3rd February,2017 and the same was subjected to "Limited Review" by the
Statutory Auditors of the Company.
For aqd on behalf of the Board

1*oW*
Place: Mumbai Ashok Khemani
Dated : 3rd Februay,2017 Managing Director
 BLUE CHIP TEX INDUSTRIES LIMITED
CIN : L171 00MH1985PLC037514
Registered Office : Jasvilla,2nd Floor,9, New marine Lines,Mumbai{00020.
UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER 2016
l { I^trlr'"r
)ART. I Quader ended Nine Months ended Year ended
iR 31st Dec 3Oth Seot 31st Dec 31st Dec 3lst Dec 31st March
{o Particulars 2016 201 5 2015 2016 2015 2016
( Reviewed ) ( Reviewed ( Reviewed ) ( Reviewed ) ( Reviewed ( Audited )
lncome from Operations
I (a) Net sales / income from ooerations 3.082.1 5 3.739 14 3,336.78 10, 109.85 10,405. 1 5 13.799.04
(b) Other oDeratino income

Total lncome from Operations ( a+b) 3,082.15 3.739.14 3,336.78 10. 1 09.85 10.405.'l 5 13.799.04
2 Expenses
a) Cost of materials consumed 2.459.98 2.980.50 2.623.96 8.005.09 8.422 05 10,988.83
b) Chanqes in inventones of finished qoods '57 53' (29.55', (10.42',, (68.781 14 19 23.20
c) Emolovee benefits exDense 68 97 65 90 56.88 192..24 161.32 218.74
d) Depreciation and amortisation exoense 32.30 32.24 31.68 96.55 93.70 125.52
e) Other expenses 474.63 523.99 502 72 1 .489.19 't.408.05 1 ,9'10.65
Total 2,978.35 3.573.08 3.204.82 9.714.29 '10.099.31 13.256.94
.1 Profit from operations before other income, 1 03.80 166.06 131.96 395.56 305.84 532.10
finance costs & exceotional ltems (1-2)
4 Other income 3.1 1 3.97 4.24 8.58 17.60 8.1 3

5 Profit from ordinary activities before 106.91 170.03 136.20 404.14 323.44 540.23
finance costs & exceptional ltems (3+4)
6 Finance costs 40.96 46.99 18.48 122.43 59.59 168.23
7 Profit from ordinarv activities after finance 65.95 123.O4 117.72 281.71 263.85 372.00
costs but before exceotional ltems (5-6'l
8 Exceotional items
I Profit from ordinary activities before tax (7 + 8) 65.95 123.O4 117.72 281 71 263.85 372.00
1C Tax expenses
- Current tax 19.00 41.00 36 30 91.00 67.50 106.01
- Deferred tax 1.04 1.33 5.23 3.86 20.22 25.O1
- Total 20.04 42.33 41.53 94.86 87.72 131.02
11 Profit from ordinary activities after tax (9-10) 45.91 80.71 76.19 186 8s 176.13 240.98
12 Extra ordinarv items ( net of tax expense)
1a Net Profit for the period (1 'l -12) '186.85
45.91 80.71 76.19 176.13 240.98
14 Paid up Equity Share Capital 197.05 197.05 197.05 1 97.05 197.05 197.05
(Face Value T 10/- per share)

15 Reserves excluding Revaluation Reserve as per 660.26

Balance Sheet of Previous Year
16 Earninq Per Share (ol { 1O each ) Basic & Dilutecl
not annualised :

- Before extraordinary ltems 2.33 4.10 3.87 9.48 8.94 12.23

- After extraordrnary ltems 2.33 4.10 3.87 9.48 8.94 12.23

Notes:
1 The above results are subjected to limited review by statutory auditors and have been taken on record in the meeting of the Board of Directors held on 3rd
February,2017.
2 The figures of the previous quarter / year have been regrouped wherever necessary.
3 The Company's main business segment is manufacturing of polyester yarn. Hence, there are no separate reportable segments as per Accounging
Standard 17 (AS 17).

'-^fr::";^"fu[)^;,
ANDRA_E;
Place: Mumbai
Dated : 3rd February,2017 \* Ashok Khemani
(7 Managing Director