y
"SILK MILLS LIMITED
[AN IS [ISO 9901 : 2008 CERTIFIED COMPANY
ym Mil Compouna), NM Joshi Marg.
"5 @ emai
enpein), jor Pavol (East), Mumbai 400011
gniax@gintex com @ wrx ginlex com @ CIN NO, L1T30OMHT9BIPLCN2E1B¢
10/08/2016
To,
The General Manager,
Market Operation
Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai- 400 001
Dear Sir,
Sub: Unaudited ( Standalone) Financial Result for the quarter ended. 30 th June’ 2016
With reference to above, please find enclosed herewith unaudited Financial Result
along with Limited Review Report of Statutory Auditor for the quarter ended 30 th
June’ 2016.
‘The above result were taken on record at the meeting of the Board of the Director of
the Company held on 10th August, 2016.
Kindly acknowledge the same.
Thanking you,
Yours faithfully,
For GINI SILK MILLS LIMITED,
—S.
Chetan Patel
Compliance officer
Tis WIG, TARAPUR, BOISAR
Toi 508, THANE (MA
TEL.: (02525) 605576/77/78 @ FAX : 273525 enGINI SILK MILLS LIMITED
Rogd.Office : 413, Jogani Indl.Estate, J.R.Boricha Marg, Lower Parel (East), Mumbai 400 011,
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 TH JUNE '2016
cases
Year nded
HARTER] —GOnRTER | — umn REMUS TEAR
sr PARTICULARS cwoeo | cence’ | ene’ |" tame
sooszore | sr-os2016 | soae-015 | stanz0t6
No Unausies) | utied) | Qmuites) | autnea)
Income Fon operation
1 [a}netSaeutncome tom Opratons Net of exe duy) 1os720| 110348 | 90885] 407540
tote operate Income : :
rat nome trom operation (et 08780] 1.10848] seas] 4075.40
2. [Expenses
a) ost ot materia consumed vera} 20282| 44a] 1,084.00
b Purchase of stocirace 4133] 2eta7| —sea7| —“eoa.11
lc) Changes in lventries of rished goods won progross and
[stock in trade 24.13 (148.04)| (53.08)| (81.74)|
fs empty Donets expense raza] ‘to256/ soe] sot as
fe Devecaton z20| 2235/2088 82.00
I OmorExrareos 42020| 42063) s0001| 1688.78
rota xpenses(asbscvavoet) soooat| 5061/9489) 9,748.50
4 [Prot trom operations tore Otter Income, thance costs
land Excepdonal ae (2) ous] ts27| 0.06] 26.90
4 [Other Income 25.09 (32.37) 62.97 149.82
5: [promt (Loss) trom ordinary actives before finance cost and
Excepllnal tors (48) tsa] tz0s0| tors | avera
6: |inanoo cats 40s] 2628| 20a) tara
rot (Los) from ordinary activites ator fnance cost but
7 petore Exceptional toms (58) 7093 sas} 7228] 028
@ [exceptona teme
9 Profit (+)! Loss (-) from Ordinary Activities before tax (7+ 8) 78.93 84.26 72.29 329.26
10 [roxexpenses
pycuren Tae 20.00 1500] 1500 6500
Deter Tox 213 783) 1260 tos
} Excess Short rovson writen back : 281 ! aI
[sub Total(a be) zs} 2678| aren] tan
17 |Net Profit (+)! Loss (-) from Ordinary Activities after tax (9-10) ‘56.80 58.50 44.60 180.44
42 [xteornary toms (net tax expenses)
13 ot Prot (e Loss) for he period (1-12) 5620 soso] 440} 044
14 |ore of protons of aseocatn
15 |Monocty meres
Not Prot (Loss ater taxes, minority interest and share of
1 [protons ot associates (13t6¥15)
17 [Pod -up eauty shoe capt! sso2e| ss02| —ss020] —_ss0.28
a [Revere extcng Rovaaon Reserves as pralance shee
Prevow orcounina yee : .
10 |aming Per snao (EPS) aco valo of € 20 each
sv Base and ded EPS tere Cxracdany Heme net
Snnteea) 102 1.05 080 323
Base ond uted EPS ater Exraorany tems (at
Srnleed) 1.02 4.05 080 323
T]PaRTICULARS OF SHRENOTONE
1 [pune snarehoting
oat Saree 1290140] 19.90,140] 19.98,40] —13,90,140
Percentage of Sharehoting 28.0 2502] 26.02 28.0
2. rameters end prometer group
share
[o Ptdgeccumbered
umber of ores Ni wil wi Nit
Percentage o shares (as % othe oa shareholding of promoter
and prometer group) Nil Nil wil i
Porantage ochre (0¢0% of al sor capt of te
company Ni Ni Ni ni
5) Norencumbered 41,9960] 41,90.460) 4%,63.460]41,99.460
‘umber of Shores
|percomage of shares (82% o he fot shorehotng of promoter
on penetor roun) 10000] 100.00] 100.00) -—t00.00
orcontage a shares 60% ote tal share capt o te
conpeny za. ras] ra 7439Particulars: [s months ended 30/06/2016
B [INVESTOR COMPLAINTS
[Pending at ine Beginning of the quarter NIL
[Received curing he quarter NIL
Disposed of during the quarter NIL
Remaining unresolved at the end of the quarter NIL
NOTES:
‘The above results were taken on record at the meeting ofthe Board ofthe Directors of the Company held on Wednsday, 10 th August
1, 2016, The above results have been reviewed by the Audit Commitee and approved by the Board of Directors, The Statutory Auditors
have carried out a imited review of the above financial suits.
2 Comparative igures have been regrouped! rearranged wherever considered necessary
3 The Companys operation fal under single segment namely * Textile" therefore, separate business segment isnot disclosed,
During the quarter no complaints were received from the Investors & no complaints were pending ether at beginning or atthe end of the
4
quarter
By order of te Board
For Gjni Sik Mills Limited.
|P'2c0 Mumbai Deepak Harlatke
[Date 1070812016, Managing DirectorCA. Dr. B. K. Vatsaraj | CA. Mayur Kisnadwala
B.Com, FA, | 8. com, RA.
CA Nie K Destin | Vatsaraj gy Cmts)
CHARTERED ACCOUNTANTS
First Floor, Fort Chambers,
'C’ Block, 65 Tamarind Lane,
Fort, Mumbai - 400 023.
Tel No. : +91-22 2265 3931
+91-22 2263 5488
Limited Review Report
To,
The Board of Directors
Gini Silk Mills Limited
1. We have reviewed the accompanying statement of unaudited financial results of GINI SILK
MILLS LIMITED (the “Company”) for the quarter ended June 30, 2016. 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 these financial statements based on our
review.
2. We conducted our review in accordance with the Standard on Review Engagement (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 financial
statements are free of material misstatement. A review is limited primarily to inquiries of
company personnel and analytical procedures applied fo financial data and thus provide 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 of unaudited financial results has been prepared in
accordance with the applicable accounting standards and other recognized accounting
Practices and policies, and has not disclosed the information required to be disclosed in terms
Fourth Floor, Bharat House. 104, Mumbai Samachar Marg, Fort, Mumbai - 400 001
Phone : +91-22-4069 3900/08 » Fax +91-22-4069 3910 + E-mail . admin@valsarajco.comof Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations,
2015 including the manner in which it is to be disclosed, or that it contains any material
misstatement.
For Vatsaraj & Co.
Chartered Accountants
Firm Registration No. : 111327W
(ee ae
CA Mayur Kisnadwala
Partner
Membership No.: 33994
Place: Mumbai
Date: August 10, 2016