Restile ‘The Oiignal FULBOOY Tes RESTILE CERAMICS LIMITED Regd, Office : Malkepur Village, Narsapur Taluq, Medak Dist.. AP. [STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2014 Reais THREE MONTHS ENDED AUF YEAR ENDED _[ YEAR ENDED] Begone | _sb06.20%4) 20.097013 | 90052018 | so0ez0%5 | 31.03.2016 ‘Unaudited | Unaudited | Unaudited Unsudted | _Audted leant income frm Operations vette ncame from operations (net of Excise Dot) soso) 5535 lrner operating income - 36.06 fetal income rom opertions woes | reas Jexmendnure [cor of ateratsccnsumed : reso) 7 Purchase of Stock in Tradetradng Goods (ooa] 008, |hanges in inventres of frshed goods.workin progress and stocintrade Refer Note S] sss) aaa Jnawmaterl Precurement Expenses-Net : (038) sa07 empoyee bene expense Refer Note 2} on egrecaton and amortisation expenses 2335 ent 00 105] 04d Jrower and eet root som| «ase lotner Expenses sot ser] __ 2573 [rota Expenses 204.67 3a [ const Profits] ros operations before oer income, france loss and exceptions tems (22) ess 23153) (525.9) lother income jas] ece cas vrse[ ag Pros] Wor oanary sees Beare Vance COS and exceptional tems (+8) es7n|__gsaso| _gss27| 5127] wari] .or0sai inne COPS 3a 28 Sysot S25, a7s0| 10985 ratte os ordmary sever afar nance constr] —(a7a3]} —(ans.s]] — (asi.7) —6eA76)| (eee (1205) Ineo exceptional ems (5-61 esceponal tems = waos| maa] 295] aaa | 35408 [eros from arinary eter before tx (78) ara] easeo| —(27335]] 93.7] 3700] 4.27883) Vex expense - Curent Tax ° - = oefared Tae : : Tet rotilions) tom oriary ace afer tx 510) gaan] oxse0|__ ars] 58870) sr700]_ (127068) [Extractive tem (ret of i 5 i : Ne rfi/\os) or he period (11-12) Pes iseo) grass] —(soan] san] G.z7asn] rakiupcauty stare capital (Face value pershare Reso) | _gaz7sz| _9azrsz| sazrso| osv7sa| sanrsa| 92792 eserves excluding Revaluation reserve as pr Balance Sheet lt previous accounting ear (7059.0) asc nd cued earings per Share (5) (R8.) (02a) 32] (022) 20] RESTILE CERAMICS IMITED CIN: 13s seer cooesn "Tel #91-8458-260772, Fo 491-8458. 288502 Ema contact@resie.com, woks@restl.com, Website wwrcesilecom 1 Granamite H Mirrorstone ll PearlRock i MarboGranit fl Impacta | GripmaxRestile a a ena [rec ag etd cree oan as Mata) aan “fects ju reroenet pens ong remap oat ancenee INonsncumbered number of hares 74115908 | 712118908] 71,215,908] 71,128 908] 72,5908 | 74,135,908 |- Percentage of promoter shareholding 30000] son00 “ roa00]seaco} 10000] 300.0 | Percentage of total share capital n35|__7as|__m3s|__ asl ress] 7236 THREE MONTHS ENDED parcars 300922014, [usestorcomalars Pending tthe begoring ofthe quarter Ne Receved during the quarter Nt Disposed dung the quarter Ni Rearing unsolved atthe end ofthe quarter el the above Financia Results were reviewed by the Aud armies and ien aproved by te Bowrdol Breas atthe Wang ce TO Itovember 2014 4s par of the mere tans and resroturng of partons, parton theme for workers atony was BonoUnend Wa Guava OT TNE franc yar 2014 ad all the workers tthe factor have opted to separate under the sald scheme. Even eal, the company had snnea [zmbloyes who wished to separate from employment withthe company. Al dust the aforesaid separating employees have ben fly eed, [ostering the nature and amounts inolved, additonal amounts paid awards settlement Is reflected as" Exceptional ten for the ence aren 3.2026 ° Forte avr ended 30.05 2014 and sik moths ended Sepebr 202014 Bxeponl Rem represents Gipted ex ety Goes AocapS [Tere no Curent Tax expense forthe Guarter Year In view of arise Seduction] slowances, Ascaral f Ded ax Sin TS BSea rested to quantum of deferred tx ably and comprises ing dference on account of unabsorbed Seprection, [he Avior ad caliied the nari statements forthe ver ended March 3,201 regarding adoption cf Gog Cvcam paSGHGT GO@ othe acl statements forthe sald year. ndn-ecogition of estited impairment in value of Bllding (Rs 52217 latnchond Pantone Machinery (831887 lakhs) and provon for ratty and lave encashment forthe sald year rot belag made per eturalvauon |e sue of negative operating ash flows and ncurene of operating losses over the years ighghed by Audtors ar eng addroed throu bropesed eestrurtng of operations a merger with another campaty whichis pending approval IER. Under te rchblictinoeace sanctioned by Fin 2002, a reserve of fs.754.44 Lats hed been crested (upon capt reduction) towards austen of dented woparment [nvale of ised estes, steps have been ntted to ast thelmalrment in vale agains the reserve withthe spprovlof BFR. The severe [ot wore dur the period means tat the actual valuation of employe benefits olngerequedin the creumsanes and eondeng te revs wef ie bing adopted rom Finacial yer 201415 indeatedin i) Below qulficaton made bythe Audtors would ge eaten The compiny fas evorked the dopredation forthe current quarter ad i morte ended Septertbe 30,2008, a ape of ede whois econo ue lives are longer than that prescribed in Schedule Ito the Companies Act, 2013 (At) to comply wih the prowsion thereat, [Acoringy, th usmorted depreciable amounts as at Apri,2018 of sch fed asets are charged over the remaining ec ite es prenerbed [uder Schau, Asa rest the cepreclton charged forthe quarters ghe by R 9.08 lls and thet forthe sk months ended Septenber 2, 202¢ihigher by 38:6 aks. The writen dwn vale of ed aes Whose revised Ives hive expted as Api, 2014 ora semennce >" eppscaton of weft ite prescribed in schedule would be appropritly dat with ater considering Capital eduction Revere earmarked eB Semen 20 np lr fasta oven cooly BF D CIN: L2693 1a owers, Opp. Hyderabad public School, Begumpet, Hyd E-mail: contact@restiecom, works@restile com, Website: wwraseatle sme W-Granamite M Mirrorstone W PeorRock M MarboGranit Ml Impacta @GripmexRestile ‘The Original FULBODY Tes [The propored renrtrng ental contiuation of eran high-end products and discontinuance of same of te eng ange Corzeauary the ranegement hes taken steps to ara major poron ofthe oder ange of products at lower rate during the uarer ended March 33 204incuing an extinatd los of Re 2.5. aks. This hasbeen flowed by awrite down a value of uch materials n stack othe extent of 48.20 lakhs both of which re reflected inthe eforesald tests es ehanges in venti ie Gomory pmary eget dented ns businessmen bated on nature of rOGuCe, Aa, rear nd We Feral Bubs TepOTINE system. The Company operating n onl singe busines segment vir thes [ther epenies Tor te quarter ended lune 30,7014 and ax aia ended Seplembe/ 50,2014 includes Weigh expenature I REDST Uke relting opr yee. statement of Asset ond Uablies ee ‘oper | semi Unavdited | Aude [eaumry aN uaBiaTEs Iharehodes funds share coptal sas) 982792 ly serves and surplus 743520], (705850) sub Total Shareholders Funds zarara | 2.7682 lnoncurent usbties a) Longer borrowings ars) 73083 lb Deere texand ables (Met) : Je) other tengterm lables aaa} uaan long tem provsons : 1m, [sb Tota Non Curent Uabies Gaasa| — aseae lcurrene abies |) sore term borrowings biradepyabies cjOther euretatites epsnort tem provisons sub Tta-Curent Uaties [TOTAL EquiTy AND WABLTES lassers Inon-current assets [aries Asis lbNon-curentinvetments Jetong ter loans and advances scenes noneurent assets [sob Toot: Non current Asse fe) tventores lb tae eceabes cl cashand ash equivalents a shorter loans and advances le oter current assets [sub Tou arent Ase IFOTAL ASSETS ne Previous ye /peod igure have bec regrouped wherever ness. Tor and on behalf of he Board of rectors Pace: Chenal 1 Vdc Meads (in Lona MSD » “Tel: 491-6ASE-288772, Fax: +91-8458-288502 ~ 10-177, Foor, Varun Towers, Opp. Hyderabad Publi School, Begumpet, Hyéembad i: contet esti. com, worksite com, Website: worse. com Cae te Ml Mirorstone WH PearlRock B MarboGranit W Impacta & Gripmax a.69, Anand Apartments, JP Avenue, 6° street, Or. Radhakrishnan Sala ‘Mylapore, Chena! ~ 600004, Tel: 99i:44-42006628 Email: mal@nskandcom ‘mmual@mstands com INDEPENDENT AUDITORS’ REVIEW REPORT Tothe Board of rectors of AESTILE CERAMICS UMITED 1. We have reviewed the arconipanying Stetement of Standalone Unaudited FinanclalResuts of Restle Ceramics Uimited ("the Company’) for the Quarter and six Months ended September 30, 2014 ("the Statement”) being submits by the Company purzusnt to Clause 41 of the Usting Agreements with the Stock Exchanges, except forthe dcosurs n Part Il ofthe Statement refered ton paragraph 4 below: This Statement (ntlled by. us for identifeaion) I the responsibilty ofthe Compens Management snd hhas been approved by the Board of Directors. Our responsiblity isto issue a report on the Statement based on our review. We conductéd our review of the Statement in accardonce withthe Standard on Revlew Engosements {SRE) 2420"Review of interim Financial information Performed by te Independent Autor ofthe Ent 'ssued by the Institute of Chartered Accountants of india. A review of interim financial Information consists of making inquiries, primary of persons rexponsile for financials ‘and accounting crtters ood opting anaytical and other review procédures. A review ie substantially less in scope than at aud ‘oncuctd in accordance withthe Standards on Auditing and consequently does not enable ur to obtain ‘siurance that we would become aware of all sigicant matters that might be ientied in on aude Accordingly, we 6 it express an aud opinion Based on our review conducted as stated above, nothing has come to aur éttention that causes us to beleve that the accompanying statement preparedsubjec to our comments in Pora’4 below) in cordance with the Accounting senderds specified under the Companies Act, 1856(whith afe deemed to be aplcabe as per section 133 ofthe Companies Act, 2013,read with Rule 7 ofthe Companies (accots) ules, 2014) and other recognised accounting practices and polices, hae not disclosed the information required to be disclosed in terms of clause 1 of the Usting Agreements with the stock exchanges Including the manner in which t's tobe cislsed, or that contains any material misstatement (ite Corhpany has generated negative operating cashflows, incured substantial operating loses and significant deterioration i value of asets used to generate cashflows al of which Indicate existence of material uncrtalnty inthe companys abilty to continue a a golng concern fora reasonable period of time. The attached statement does not include any adjustments that might result had the above rcertzintes been known (i) The Company has not recognized estimated Imalrment in value of building and plat end equipment ‘aggregating to R.64.04 lakhs as detaled in Note 4) of the statement 2s required by the Accounting standard 28-Impairmenitof Assets. Further, we aso repor thatthe particulars relating othe numberof shares a well as the percentage of shareholdings in respect of aggregate amount of Public shareholding. pledged/encumbered shaces and non-encumbered shares of promoter shareholder (in terms of clause 35 ofthe Listing Ageernent) and the particulars relating to the investor complaints as per the deals furnished by the Company/ Registrars For MS, KRISHNASWANI & RAIAN Chartered Aesountants Regitrationflo 0 MSMuralt Partner (erbership No, 26453) enna, November 10,2014