IS IISO 9001 :2008

WEARIT
GROUP
HIND SYNTEX LTD.
B", ,ofIndlanSlJIIdardo

Date: February 11, 2017

To
The General Manager, The Manger
Department of Corporate Service, Listing Department
Bombay Stock Exchange Limited, National Stock Exchange of India Limited
New Trading Ring, Rotunda Building Exchange Plaza, 5th Floor,
P. J. Tower, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E)
Mumbai - 400001 Mumbai - 400051

Dear Sir/Madam,

Sub: Outcome of Board Meeting held on February 11, 2017

With reference to the captioned subject above, please note that the Board of Directors of the Company, at
their meeting held today i.e. February 11, 2017 have considered and approved the following business:

1. Approved the Un-audited Financial Results for the third quarter ended 3pt December, 2016 as
recommended by the audit committee at their respective meeting(s) held today.

2. To take note of Limited Review Report issued by V. Singhi & Associates, the statutory auditors of the
Company in respect of Un-audited Financial Results for the third quarter ended 3pt December, 2016.

3. Appointment of Secretarial Auditor for the financial year 2016-2017.

4. Other Business:

Appointment of Mr. Alok Krishna Agarwal as Independent Director of the Company for a term of five years
with effect from February 11, 2017 subject to the approval of shareholders in general meeting.

In view of the same, we enclose herewith copy of above mentioned Un-audited results and the Limited Review
Report thereon in compliance with the regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.

Further pursuant to regulation 47 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed copy of extract of Un-audited Financial Results for the 3,d quarter ended 3pt
December, 2016 to be published in the newspapers i.e. 'Free Press' and 'Swadesh' in the format prescribed
as per above said regulation.

The meeting of Board of Directors commenced at 11.30 a.m and concluded at 12:30 p.m.

Kindly take the above on your records and acknowledge.

Thanking you,

Yours faithfully,

For Hind Syntex Limited

CIN : L17118MP1980PLC001697
Corporate Office: 5E & F, Crescent Tower, 229, A.J.C.Bose Road, Kolkata-700 020.
. Ph : +91 33 4003 6164/6165. Fax: +91 33 4003 6158. Email : kolkata@wearitgroup.com
Indore Office: Sterling Tower, Office No. 214, 4th Floor, 2, M. G. Road, Indore-452 001. Madhya Pradesh
Ph : +91 7314065347. Fax: +91 7314064767. Email : indore@wearitgroup.com
Registered Office & Manufacturing Complex: Plot No.2, 3, 4 & 5 Sector A, Industrial Growth Centre,
Pillukhedi-465667, Dist : Rajgarh, Madhya Pradesh.
Ph : +91 7375 2444350; +91 93015 28698. Email: pillukhedi@wearitgroup.com
 HIND SYlllTEX LIMITED
?LOT NO,Z.),4 & 5. SECTOI'A. INDUSTAIp,l GROWTH UNTIIL FILU)KftDI
l'I,<l9iSter~ Office: 465661 (MP)
T~i' -91 9'3015 2.9&98 Email ; Pfllukhetll~.,.,earltOroup_(X\m
1

C(IH.17118HPI9S0PlCOO1697
STAT1!MElfT 9F UtolAI,IDITfO FINANCIALRESULTS FOR The QUARTeR ANO NIN! MONT!~!!I[)1!O 31ST DI!C!loIl1fR, 2016
{ P!. in l3<i"Y

SI.
No I PertiOJla($ Quart., EnCle;r---- ......,
COrre:)~!'\(.h(l!l 3j!
9 Montlls ended

Year to date I Ve.ar to rt.'ate

i12 Moi\ths Ended!
I
3 MOnths P!"eU.'Hlu'tO mOfl(hs ~OdM
I figures (or fioul~ fur the! P'r!V10u5~1r

I ended
31.12.~O:5
3 rrcetns eosec
30.09 2016
;(1 th~ prev.cos
Y"3<
Jl.!~.20IS I
current penoo
l!fldeij
31.12.2016
prey~;~~
~"w~
)112.2015
~ded 31.03.2016

..... 1 (U".vdftedl_ [llnaudlted1 !Unau.!!'.~~1 [Unaudlt.al [Onaudlted) (Audited1

1 Ir~tiCDm. Iinrome
Net S.les
from QpenrJttionf:
from oeerauons (Net of ex,I se Duly) . 921.86 1,030A< 1.003.15 3,011.91 2.954.37 4.042.91 !
II
, ITotal Income from Op.
tlon. (Nat) 3,D17.!U ~ 95"_37 .,OU.91
.;
i
iXPMWI
I(aljCo$! 01 Materia'. COn$umed
f i'M!Chano~ in Invooton"s of FinlShed Goods and Wori<1;)Pl'ooress
2.60 I
15,68
180,10 i
(1. 56>1
191.71
13.8e
I
i(e) EmplOy"" sene.t. Ex""".., 1.171.33
!,2)0,06
ltl-41.W! I.S61.351
\.633.19
i{d) Power and Fuei
i (e) OeDrec~ation alX! AmortJ~UOO 51,01 U~~::~
I 6;1251
~(f) Other e-xpenses 478,12 399,'4 I 51') 05 ,
; Tetal 30n.SO 2972.011 " 062.42
Profit/(LMs) from OlMlatlGns _or Otner
Income! Finance Co5U. ~"d !:xc.eptlonalltem. (1-2) 13],89 111.69
O~r.ef Income
IPreflt/CLOSS}'rom Ordinary Acttvitl<l. befo.e Finan"," Cost.
2107l-- 29.67 ~
;.no beoPtiM31 Items (3+4) 111&:1,11.. 11.~6 .._ 15".~
o.ez
6
!~:::~~;(i~:) from Ordinary Actlvit!altar Finane Casu .
!
!
S
ibut bera,. bc.l)tionalltems (S-6)
j txc;eptlanalltem.$
113 . ! 11.98 .15.39 i
,
9 !Profit I (La ) from Ordinary Actlvlt!esllefo'6 T". (Ha) 13.4. I 11.98 15.391
10 iT4~ xcefise 1.13 i
tl Net P,oflt/(Lo ) from alllinatv Actlviti a~t Ux (9-10) 1).44
lL!A j t,'-.~.J
12 fxtraordl"ary nems {Net of Tax Expenses}
13 Net !'o1il Ill"".) for tn. period (11-12) 11.44 "11.94
14 Piud UP fQwt y sna-e capitat \.271.86 1,17LSt
-!~~
l,Z71:~61
. Face va'ue 01 Shar"" 01 t 10 EaCl1
J.S Jreserves cmd S1J~US {exduC!no R.e>,,'aJuation R..~~rve;
16 l .rnings: ner Sh.re be'ont and aft.er e.tra OrdfnatY Items I
. Basi.c 0.01 0,03 (0.11)1 11.09 0.11 i
0.01 0.03 (0.111, 0.09
f-~~~~----""""-----'-' ~

Net deferred t,a)C auets; on a:wnt cf unaosorbed depreoatiONOl!rnerJ torwaro tosses nas not ~n ~,.countea cCl1s1cerif19 the requir6nent of ct'({llintYlvirt:ua cerUlirltYI as
state<! In AC(QUntlll!J St.nd.rd (AS) 22 'Account,ng toe i.al(l!S.
lmri4urment .of &'SSets, .f any. m ac-cordance With Aooount1n~ sralldard 26 en "lmp~j!"tnent of A~sets" ..Ould be CO""Si<1e~ a tn.e. year ~rv.I.
Share capite'll soown urn1er Stwlreholder'$ Fund Is iudt.!slve: of Rs. 86,~SO!~ agaInSt 30{350 tarfiet<!'d &n'Fes
S<!gment P'.e~rtin9 <1$.defined jn Atc:ountlog Standard 17 is not i!p~;cable< Slr!ce tht': operation of {he (omparw presently rereres to a Si1l91e primary ouslfless set)tnen~ t.e .. Job
wor\<" for mancf.ctonng SynthetIC Sland~ Yam.
F!Qures of t"he P~vjOJJ~ period/year havp. been rp..arran'Oer.tre~oroupe(! whertve.r found necesserv.
The Statutory Auditors' t'l8;VI! tonducted a lirnlt~ R.e'vU!)\ of t~ ~D0 ..
-e results as reqUired under snn ! ~omt)~ef}\JliWOflSt 2(>15
C31culatJon of htcme T",X ,antS Deffer~ Tax n'ill Pe maoe at the en<i of the yeir
The etove Sti!te01em of VnaucMe<: fmanCil;'i; Results have ueen culy reviewed by the: AIJdit Commlttee a:n~1~pp(Dvea
respecnve meerHl\}$ heW (;0 December' 1 Hh, 2017

Pi", e : l(oj~U'
Date: oecerneer lltt',; 20t7
 v. SINGHI & ASSOCIATES Phone; 3028 7838
. Chartered Accountants Telefax; 3028 7836
s-mall: kolkata@vsinghLcom
FourMangoe lane
Surendra Mohan GhoshSarani
Kolkata - 700 001

The Board of Directors

Hind Syntex Limited
Plot No.2, 3, 4 & 5,
Industrial Growth Centre,
Pillukhedi - 456667
District: Rajgarh (f'.1.P.)

Dear Sirs,
Sub: Report on Limited Review of the Un-audited Financial Results of the
Company for the Quarter and Nine Months ended 31st December,
2016.

1. We have reviewed the accompanying Statement of Un-audited Financial Results of Hind

Syntex Limited ("the Company") for the quarter and Nine months ended 3Pt,December,
2016 ("the Statement), being submitted by the Company pursuant to the requirement of
Regulation 33 of Securities Exchange Board of India (Listing Obligation and Disclosure
Requirements) Regulation, 2015 as modified by Circular No. CIRjCFO/FAC/62/2016dt. July
5, 2016. This Statement which is the responsibility of the Company's management and
approved by the Board of Directors, has been prepared in accordance with the recognition
and measurement principles laid down in the Accounting Standard 25 "Interim Financial
Reporting" ("AS 25"), prescribed under Section 133 of the Companies Act, 2013 read with
relevant rules issued thereunder and other accounting principles generally accepted in
India, 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
Engagement (SRE) 2410, "Review of Interim Financial Information Performed by. the
Independent Auditor of the Entitv", 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 Statements free of material misstatement. A review is limited
primarily to inquiries of the 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, prepared in accordance with the aforesaid
Accounting Standard and other accounting principles generally accepted in India has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI
(listing Obligation and Disclosure Requirements) Regulation, 2015, as modified by Circular
No. CIRjCFDjFAC/62/2016 dated July 5, 2016, including the manner in which it is to be
disclosed, or that it contains any material misstatement.

For V. SINGHI & ASSOCIATES

Chartered Accpuntants
Firm Registration t111017E

'. 1~4,,
I:!i/ f/
(V,k.SINGHI)
Place: kolkata Partner
Date: 11tn February, 2017 Membership No.OSOOSl
 HIND SYNTEX LIMITED
Registered Office: PLOT NO.2,3,4 & 5, SECTOR-A, INDUSTRIAL GROWTH CENTRE, PILLUKHEDI - 465667 - (MP)
Tel: +9193015 28698, E-mail: pillukhedi@wearitgroup.com
CIN-L17118M P1980PLC001697
UNAUDITED FINANCIAL RESULTSFOR THE QUARTER AND NINE MONTHS ENDED 31ST DEC, 2016
(Rs. In Lacs)
Quarter ending/ Year to date Corresponding 3 months
51. Current Year Figures/ Previous ended in the pervious
Particulars
No. ending Year ending year
(Unaudited) (Unaudited) (Unaudited)
1 Total Income from Operations 922.86 4,042.91 1,003.75
Net Profit / (Loss) for the period (before Tax, Exceptional
2 (20.16) 15.39 3.27
and/or Extraordinary items)
Net Profit / (Loss) for the period before tax (after Exceptional
3 (20.16) 15.39 3.27
and/or Extraordinary items)
Net Profit / (Loss) for the period after tax (after Exceptional
4 (20.16) 14.26 3.27
and/or Extraordinary items)
Total Comprehensive Income for the period [Comprising Profit
5 / (Loss) for the period (after tax) and Other Comprehensive (20.16) 14.26 3.27
Income (after tax)]
6 Equity Share Capital 1,271.86 1,271.86 1,271.86
Reserves (excluding Revaluation Reserve) as shown in the
7 - - -
Audited Balance Sheet of the previous year
Earnings Per Share (of Rs. 10/- each)
8
(for continuing and discontinued operations) - ..
1. Basic : (0.16) 0.11 0.03
2. Diluted: (0.16) 0.11 0.03

* The Company does not have any exceptional and/or extraordinary item to report for the above period
** Reserves (excluding revaluation reserves) as on 31st March, 2016 : Rs (568.77) Lacs

Note: 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 and Other Disclosure Requirements) Regulations, 2015. The full format of the Quarter esults are available on
the Stock Exchange websites (www.bseindia.com and www.nseindia.com)

Place: Kolkata
Date: 11th February, 2017
DIN: 00121900