UNAUDITED FINANCIAL RESULTS PARTI STATEMENT OF UNAUDITED (STANDALONE) FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2015 Ss PIONEER GROUP _ (in tes) Sr Particulars T ‘Quarter Ended Year Ended No] |Sonea0rs | 31.03.2015 | 30062014 | 31.03.2015 [ Unaudited) | Unaudited) | Unaudited) |_CAudited) [1 [income trom Operations a) Net Sales/income from Operations —S7e9HT| 656] 6081As | 36S i) Other Operating Income | 128.66 | 153,93 112.65 27.10 Isa ro Operaios et) | 391 “E7165 | Gt04.10 | 2715483 | [Expenses 2) Cost of Material Consumed Li ee oe | TT 1) Purchase of Stock in Trade $5.70 T1452 70.86 31726 ‘c) Changes in Inventorics of Finished Goods, Work- (194.33), (16.69) (393.24) (397.24) in-Progress and in Stock in rade @ Employee Benet Expense TORS Hie | aso | ___ 5a ©) Depreciation & Amortization Expense 373.90 92.49 [377.33 1.73039 4) Other Expense 7406.79 | 1,459.61] 1365.91 S748 Total Expenses Fs s:79"| 604.28 | 6083.37 | 26.368.24 | ProfiviLoss) ftom Operations before Other Tacome, Finance Costs and Exceptional Items (12) 88.18. |__ 789.29. | Other income 2028 | 962. i905 | |S. | Profit(Loss) from Ordinary Activities before Finance Cots and Exceptional ems (344) 203.46 251830 & [Finance Costs 361.52 1201.13 7 | Profit(Loss) from Onlinary Activities afer Finance | Costs but before Exceptional Items (5-6) (158.06) ogs6| 93.77) 1317.19 | Exceptional Items: Income/(Loss) net = | 05.55) =| G.10555)_ 9- Proft(Loss) fiom Ordinary Activities before tax (8) | ass.06) | a203%)| 93.77) 211.64 Tor] Tax Expense —_ = = TE.] Proie(Loss) fFom Ordinary Activities afer tax ( 10) ss.06)|__42039)|__ 93.77) 211.64 12 Exvaordinary hems = = 13. Net Profu(Loss) forthe period (1-12) | ~~ a8806) | —aaa039)| —a493.77) Tbs 14] Paid-up Equity Share Capital ace Value €T0 Per | share __|__1.854.91 1,769.91| 1,769.91 1,769.91 TE Reserves excluding revalation reserves (pet lat ] |__| audited balance sheet) _ - ~ | 9,632.36 ¥6.| Eaming Per Share (8) (Not annualized) —l— a) Basic beforevafter Extraordinary lem (089) (0.68) Diluted before/after Extraordinary Item (0.89) (0.58) PIONEER EMBROIDERIES LIMITED asstitch ahead of time Corp. Off: Unit No 21 to 25, 2nd Floor Orient House, 3-A Udyog Nagar, Off S. V, Road, Goregaon (West), Mumbai - 400062 ‘Tel: 022-4228 2823 + Fax : 022-4223 2318 + E-mail : mumbai@pelhakoba.com + Website : www.pelhakoba.com Regd. Off.: 101-8, Abhishek Premises, Plot No. C 5-6, Dalia Industral Estate, Off New Link Rd., Andheri (W), Mumbal - 400 058. CIN Ne 17291MH1991PLC063752 “hakoba Embroidery beyond year imaginationFART — ~~ SELECT INFORMATION FOR THE QUARTER ENDED 30. a Sr | Particulars ‘Quarter Ended "| Year Ended No, — 3006S | 31.03.2018 |~30.062014 | 31.03.2015, ‘A | PARTICULARS OF SHAREHOLDING — 1. { Public Shareholding _—_ | [T= No. of Shares __ [STR T6s | — 91 17.165 | 917.165 [|= Percentage of Sharchotdin 31.31% 31.51% ‘Promoters and Promoter Group Shareholding eT a)Pledged/Encumbered ~ Number of shares 5326s | 543265 | 14,43,265 543,265 ~ Percentage of shares (as a % of the total 633% 633% 16.82% 6.33% shareholding ofthe promoter and promoter ‘roup) 2.93% 3.07% 8.15% 3.07% = Percentage of shares (as a % of the total share capital of the company) PP —_t—___ ByNon-encumbered y = Number of shares 80,38,664 | 80,38,664) —71,38.664] —80,38,664 |_| Percentage of shares (as a % of the total 93.67% | 93.67% 83.18% 93.67% shareholding ofthe promoter and promoter group) 4334%| 45.42% 4033% 45.42% ~ Percentage of shares (as 0 % of the total share L_|- capita ofthe company) [| Partieataes 3 months ended 30-06-2015 B) INVESTOR COMPLAINTS Pending atthe beginning ofthe quarter i Received during the quarter Nil 0 Disposed of daring the quarter 0 |__| Remaining unresolved at the end of the quarter Ni Not 1. The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors ofthe Company at their meeting held on 7 August, 2015. 2. The above results have been reviewed by the Statutory Auditors ofthe Company, 3. During the quarter, the Company has issued 8,50,000 equity shares to Edelweiss Assets Reconstruction Company Ltd. ‘Trustee EARC-SC 23 on preferential basis on 21* May, 2015 pursuant to shareholders’ approval dated 29/04/2015. 4. ‘The Company operates in single primary segment viz Textiles. S. The figures for the preceding quarter ended 31% March, 2015 are the balancing figures between the audited financial figures in respect of the full financial year ended 31” March, 2015 and published year to date unaudited figures upto 31" December, 2014, being the end of the third quarter of the financial year ended 31" March, 2015, which was subject to limited review by the Statutory Auditors 6. The previous periods figures have been regrouped and reclassified wherever necessary. For & on behalf of HARSH VARDHAN BASSI ‘Managing Director DIN:00102941 Place + Mumbai Date: 7 August, 2015 PIONEER EMBROIDERIES LIMITED ow @ stitch ahead of time Corp. Oft.: Unit No 21 to 25, 2nd Floor Orient House, 3-A Udyog Nagar, Off S. V. Road, Goregaon (West), Mumbai - 400062 "Fel: 022-4223 2328 + Fax : 022-4229 2313 + E-mail : mumbai@pelhakoba.com Website : www pelhakoba.com Regd, Off: 101-B, Abhishek Premises, Plot No. C 5-6, Dalia Industrial Estate, Off New Link Fd., Andheri (W), Mumbai - 400 058. CIN No : L17291MH1991PLC063752 “hakoba Embroidery beyond near imaginationMBAH&CO CHARTERED ACCOUNTANTS, . 120, MIDAS, Sahar Plaza Complex, Andheri Kurla Road, ‘Andheri (E), Mumbai 400059 Telefax: 022 40104772 Email: mbahco@gmail.com RE RT We have reviewed the accompanying statement of unaudited financial results of Pioneer Embroideries Limited having its registered office at 101-B, Abhishek Premises, Plot No. C 5-6, Dalia industrial Estate, Andheri (West), Mumbai 400058 for the period ended 30" June, 2015 except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors/ Committee of Board of Directors. Our responsibilty 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) 2400, ‘engagements to Review Financial Statements 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 financial statements are free of material misstatement. A review is limited primarily to inquiries of the Company personnel and an analytical procedure 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 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 Clause 41 of the Listing Agreement including the ‘manner in which it is to be disclosed, or that it contains any material misstatement. This certificate has been issued at the request of the company, For MBAH &CO Chartered Accountants (Firm Registration No 121426W} Mahesh Bhageria Partner lembership No. 034499 Place: Mumbai Date: 7" August, 2015