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TRIL Q1 2018 Financial Results

- Tril (India) Ltd submitted its unaudited standalone financial results for the quarter ended June 30, 2018 to the BSE and NSE pursuant to SEBI regulations. - Total income for the quarter was Rs. 22,472 lakhs compared to Rs. 24,712 lakhs in the previous quarter. Net profit was Rs. 243 lakhs compared to Rs. 761 lakhs in the previous quarter. - Basic and diluted earnings per share for the quarter was Rs. 0.18 compared to Rs. 0.59 in the previous quarter.

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0% found this document useful (0 votes)
64 views4 pages

TRIL Q1 2018 Financial Results

- Tril (India) Ltd submitted its unaudited standalone financial results for the quarter ended June 30, 2018 to the BSE and NSE pursuant to SEBI regulations. - Total income for the quarter was Rs. 22,472 lakhs compared to Rs. 24,712 lakhs in the previous quarter. Net profit was Rs. 243 lakhs compared to Rs. 761 lakhs in the previous quarter. - Basic and diluted earnings per share for the quarter was Rs. 0.18 compared to Rs. 0.59 in the previous quarter.

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Jignesh
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t rl1cHfilzri (indlll) ltd

Date: 3rd August, 2018


Ref: TRIL/SECT/2018-19/NSE-BSE/COMPL/18

To, To,
The Secretary The Secretary
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-l, Block G,
Dalal Street, Bandra - Kurla Complex,
Mumbai - 400 001 Bandra (E), Mumbai - 400 051
Security Code : 532928 Trading Symbol : TRIL

Dear Sir/Madam,

Sub: Submission of Unaudited Standalone Financial Results along with Limited


Review Report pursuant to Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 for the quarter ended on
so= June, 2018
Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we send herewith Unaudited Standalone Financial
Results along with Limited Review Report issued by the Statutory Auditors of the
Company for the quarter ended on 30th June, 2018 duly taken on record by the Board
of Directors of the Company at its Meeting held on today.

Further, the Company shall continue to submit quarterly /year-to-date Standalone


Financial Result during the financial year 2018-19.

The Meeting of Board of Director commenced at 11:00 a.m. and concluded at 12: 10 p.m.

Please take the same on your record.

Thanking you,

Yours faithfully

~~'

Uitendra Mamtora
~---
For Transformers and Rectifiers (India) Limited

."
Chairman and Whole-time Director
(DIN:00139911)

CIN No.: L33121GJ1994PLC022460


Regd. Office. Survey No. 427 P/3-4, & 431 P/1-2, Sarkhej-Bavla Highway, Moraiya, Tal.: Sanand, Dist.: Ahmedabad 382 213.
Tel.: 91 - 2717 - 661661 Fax: 91 - 2717 - 661716 E-mail: [email protected] Website: www.transformerindia.com
I

'--12:"-==1::1r=112:"'--~ (1 .... .::II.2W) • 1::.::1


Registered Office: Survey No. 427 P/3-4 & 431 P/1-2, Sarkhej-Bavla Highway, Moraiya, Taluka: Sanand, Dist. Ahmedabad, Gujarat-382213

CIN :L33121GJ1994PLC022460j E-Mail: [email protected] Website: www.transformerindia.com


Statement of Standalone Unaudited Financial Results for the Quarter ended 30th June,2018

(Rs. In Lakhs)

Quarter Ended Year Ended


Particulars
30.06.2018 31.03.2018
(Unaudited) Audited)
1 Income
a. Revenue from Operations (Gross) 22,382 24,454 13,150 69,322
b. Other Income 90 258 152 695
Total Income 22,472 24,712 13,302 70,017
2 Expenses
a. Cost of Materials Consumed 15,463 17,565 12,999 57,392
b. Purchases of Stock-in-trade
c. Changes in inventories of Finished Goods & Work-In-Progress 2,386 1,548 (3,565) (4,711)
d. Excise duty on sales 816 816
e. Employee benefits expenses 737 785 696 3,023
f. Finance Cost 980 1,084 817 3,787
g. Depreciation & Amortization Expense 407 397 361 1,470
h. Other Expense 2,127 2,445 1,471 7,553
Total Expenses 22,100 23,824 13,595 69,330

3 Profit/floss) before Exceptional and Extraordinary Items and tax (1-2) 372 888 (293) 687

4 Exceptional Items
5 Profit/(Loss) 'before Extraordinary Items and tax (3-4) 372 888 (293) 687
6 Extraordinary Items
7 Prafit/(Loss) before tax (5-6) 372 888 (293) 687
Tax expense
Current Tax 92 80 80
8 - Deferred Tax 37 493 (96) 426
Tax Adjusted Earlier Year (446) 19 (256)
129 127 (77) 250

9 Profit/floss) for the period from continuing operations(7-B) 243 761 (216) 437

10 Other comprehensive Income / (expenses)


- items that will not be reclassified to profit or loss (10) 23 (8) (1)
- Income tax liability of items that will not be reclassified to profit or loss 4 (8) 3
11 Total comprehensive income (9+10) 237 776 (221) 436

12 Paid-up equity share capitol of face value of Re. 1/- each 1,326 1,326 1,326 1,326

13 Earning Per Share (EPS)


a Basic EPS 0.18 0.59 (0.17) 0.33
b Diluted EPS 0.18 0.59 (0.17) 0.33

Notes:
1 The above Unaudited Financial Results have been reviewed and recommended by the Audit Committee and taken on record and approved by the Board of
Directors in their respective meetings held on 3rd August,2018.

2 The financial results for the quarter ended 30th June, 2018 have been reviewed by the Statutory Auditors as required under Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015.

3 The figures for the quarter ended 31st March, 2018 are the balancing figures between audited figures in respect of the full financial year 2017-18 and the
year-to-date figures upto the third quarter of 2017-18.
4 On 1st April, 2018, the company adopted Ind AS 115, "Revenue from Contracts with Customers" using the ..cumulative catch-up transition method applied to
contracts that were not completed as of 1st April, 2018. Accordingly, the comparatives have not been retrospectively adjusted. The adoption of Ind AS 115
did not have any material impact On the standalone results for the three months ended 30th June, 2018.

5 After applicability of Goods and Service Tax - ('GST') w.e.f. from 1st July 2017, the sales are required to be disclosed net of GST. Accordingly, the figures of
revenue from operations for the quarter ended 30th June, 2018 are not comparable with the corresponding previous period.

6 The operations of the company are limited to one segment, namely Manufacturing of Transformers.

7 Figures of the previous period have been re-grouped, restated and re-arranged wherever necessary, to conform to current quarter's classification.

Place: Ahmedabad
Date:3rd August,2018
/.

ct"""(
For Transformers and Rectifiers (India) limited

Jitendra Mamtora
Chairman and Whole-time Director
DIN: 00139911
K C Mehta
Chartered Accountants

LIMITED REVIEW REPORT

To,
The Board of Directors
Transformers & Rectifiers (India) limited

We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of Transformers
& Rectifiers (India) Limited ("the Company") for the Quarter ended June 30, 2018 (hereinafter referred to as
"the Statement"], being submitted by the Company pursuant to the requirement of Regulation 33 of the SEI31
(Listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by Circular No.
CIR/CFD/FAC/62/2016 dated 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 applicable Indian Accounting Standards (Ind AS) specified
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.

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRl:)
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.

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 Standard
(Ind AS) specified under section 133 of the Companies Act, 2013 read with relevant Rules and other recognized
accounting practices and policies thereon, has not disclosed the information required to be disclosed in terms
of Hegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified
by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016, including the manner in which it is to be disclosed,
or that it contains any material misstatement.

For K. C. Mehta & Co.,


Chartered Accountants
Firm's Registration No. 106237W

~fJL-
Vishal P. Doshi
Partner
Membership No. 101533
Place: Ahmedabad
Date: 03,d August, 2018

Meghdhanush, RaceCourse, Vadodara 390 007, INDIA Phone: +91 2652341626(2440400


Mumbai • Ahmedabad • Bengaluru
e-mail: [email protected]; website: www.kcmehta.com

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