CENTURY ENKA LIMITED PHONE : +91-22-4321 5300 / 2202 7375 INDUSTRY HOUSE, He FAX +91-22-4321 5353 / 2287 3952 189, CHURCHGATE RECLAMATION, £-mail_: admin@centuryenka.com MUUBAI- 400.020, Website : www.centuryenka.com 3rd November, 2016 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001. Dear Sirs Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, enclosed herewith please find 2 Statement of Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2016 which has been approved by the Board of Directors at its Meeting held today i.e. 3rd November, 2016. This is for your kind information and record. We shall appreciate if you kindly display a copy of the Unaudited Financial Results of the Company on your Notice Board and Website for information of your members. The Meeting commenced at 12,00 Noon and concluded at (12.0 PM Thanking you Yours faithfully For CENTURY ENKA LIMITED (C.B. Gagrani ) Company Secretary Encl: as above Regd, Off. : Plot No. 72 & 72-A, MIDC, Bhosari, Pune - 411 026. PS Factory: Bhosari, Pune - 411 026. REAU VERITAS. Tel. +91-20-6612 7300, 2712 0423 » Fax : +91-20-27120113 iil CIN L24304PN1965PLC 139075 PET cy Excluding Dasign(CENTURY ENKA LIMITED. PART | - STATEMENT OF FINANCIAL RESULTS (UNAUDITED FOR THE QUARTER AND HALF ENDED $0TH SEPTEMBER 2016) Income from Operations {@) Gross Sales / Income fern Operations (©) Other Operating Income ‘Total Income trom Operations 2. | expenses (@) Cost of Materials Consumed (©) Purchases of Stock in - Trade (Changes in Inventories cf Finished Goode, Work in- Prograss and Stock-in- Trade (©) Employse Benefts Expense (@) Power end Fuel © Depreciation and Amonistion Expense @ Excise Duty (0) Other Expenses. ‘Total Expenses 3, | Profit from Operations before Other income, Finance Costs and Exceptional tems (12) 4. | omer income 5. | Pront rom Ordinary Activities belore Finance Costs and Exceptional tems (344) 6. | Finance Costs 7. | Pront trom Ordinary Activities after Finance Costs but before Exceptional ems (5-6) 8. | Excoptional toms (Soo Note) 8. | Prost From Ordinary Activitis Before Tax ay 40. | Tetons 11. | Net Prot From Orainary Activites ater Tax @-10) 12. | omer comprehensive income / (Loss) (After Tax) 13. | Total Comprehensive Income (After Tax) (14442) 14. | Paid -up Equity Share Capital (ace value Rs.10!-each share) 15, | Earnings Per Share (EPS )(Rs. per Share) BasiciDituted (Not Annualised)hoTES: 1) Tho above results have been reviewed and recommended for adoption by the Audit Commies tothe Board of Directors and have been approved by he [Board of Drectore at te meating hold on Std November, 2046. The Stattory Aultars have caried oUt lied roviow of tho above fnaneal resus and thal ited review report contains emphasis wit respect to matior Gsclosed in pont 9 below. 2). The Company's business acti falls winin a single operating segment. "Symtetic Yar. 3) Excise Department tad isued an order dated 31st December 2013 denying the applicabity of notfication No, 6/2000 dated Yst March 2000 and raised 1 domand of Re. 22,27 lacs plus nlorost thereon and panaty oquvvatart lo demand amount. The Campany has fled an appeal before Appallas ‘Tabunal (CESTAT), which has been admited on pe-deposit of Rs. 700 Lacs ane granted stay against the rocovery. The Company ha legal experts that I has ala chance of ullmately succeeding in matter and accordingly no prevson i requited to be rade in aot 4) Continuous Polyester Polymerisation lant (CPU) at Bharuch was witlen down by Rs. 754 Lacs due io susponsion of continuous Polyester operations in November 2013 '5) The Company has adopted Indian Accounting Standards (Ind AS) noified by Mivistry of Corporate Atlairs trom 1st Api, 2016. As por SEBI Circular CIRICDIFACIS2/2016 dated Sth July 2016, tho Company has opi fo procant Ind AS complant nancial figure for the coresponding quaiar and sic ‘months ended Seplemet 30,2015 without subjecting to lited view or ual. However, the management has exercised necessary due dligenco to ‘erste tha the nanela resus provide a tue and fat vow o the Companys afar 5) Consequent to tansion to ind AS, in accordance wth para 32 of Ind AS 101 - Fist tme adoption of Ind AS, reconciliation between net prot under ‘Previous Indian GAAP and as pr ind AS for the quarter and Fall year ended 30th Septerber, 2015 fs as flows Net Profit forthe period under Ind AS7), Siatoment of Aseots and Lables Ref Lace Raat kao, Particulars sonen0%6 TUnavalted), a) ASSETS Non-curent asacie Prepeny, Plan and Equipment Capital worken-progress Financial assets Investmenis Es otters 7 ‘Other nenvesrent asses 2 otal Non Current Assets urrent aasels Taverns 7a Financial aa3eie Tovesimenis Tra “Trade ReceWabia "2634 ‘Gash and Cash EquiaTes 16 ‘ankebalances other than above z thes 7 55 ‘Other curert assat 7 otal Current Assels 5366) aL ASSETS. 2 1B FQuiry ano LIABILITIES qui ‘Equly Share Capital Bi ‘ther Equty 75201 otal Equity EE) current Gables Financial abilties a Borowings| iB ‘Others 216) Provisions i ‘Dofrred tax abies at eos Fatal Non-Current Liabilities 76438) urrent babies Financial taba “Trade payables ay ‘Gites 71 ‘Gina curent abies i Provisions 169 ‘Curent tax Eabiites (at as) [Faia Current Lisbilies 3a] fOTAL EGUITY AND LIABILITIES ‘includes Curent Matty of Long tem Debis of Rs. 1436 acs. 8) The figures forthe previous period have been regrouped or reclassified to conform curret patiod classification, wherever necessary. For Contuy Enka Limited Pace: Mumba or tog Date Se Novrber, 2016 am singh (vmatetene Beton Tag a Ca a rE Sm CHNTSPLCTOTE We wm nena oe(CENTURY ENKA LIMITED Extract of Unaudited Financial Results For The Quarter and Half Year Ended 30th September, 2016 Rs/Lacs Excluding Eaming Per Share) ‘Oth Sept | s0th Sept | _s0t Sept 2016 2016 2018 Unaudited | Unaudited | _Unauatted a cs otal income From Operabans jet Proft fr the period (Before Tax, Exceptional and or Extraordinary Items) Profit before Tax (ater Exceptional and/ or Extraordinary items) Profit after Tax (after Exceptional and! or Extraordinary Items) fotal Comprehensive Income for the period [Comprising Profit forthe period (afte fax) and Other Comprehensive Income / Loss (after Tax) Paid up Equty Share Capital arning Per Share (of Re. 10/- each) (fr continuing operations) ~ 1 The above results have been reviewed and recommended for adoption by the Audit Committee to the Board of Directors and have been approved by the Board of Directors at its meeting held on 3rd Novernber, 2016. 2 The Company has adopted Indian Accounting Standards (Ind-AS) from Otst Apri, 2016, The figures for the quarter ended ended 30th September, 2015 are Ind-AS compliant. They have not been subject to limited review or audit. The above ie an extract of the detailed format of Quarterly Results fled with the Stock Exchanges under Regulation 33 of the SEB! (isting and Other Disclosure Requirement) Regulation 2015. The full format of the Quarterly Results are available on the Stock Exchange website (wmwnseindia.com and www.bseindia,com) and on Company's website (www. centuryenka.com). For Century Enka Lirited Date : 3rd November, 2016 (Whole-time Director) “fics - Contury Enka Limited, PlotNe.72 & 72K, MIDG., Bhosan, Pune - 411026. GIN L2S304PNIOGSPLC 130075, Website _ www.centuryenka comKhimji Kunverji & Co Registered) Chartered Accountants Limited Review Report Review Report to The Board of Directors, Century Enka Limited 1L. We have reviewed the accompanying statement of unaudited financial results of Century Enka Limited (‘the Company’) for the quarter and half year ended September 30, 2016, (‘the Statement’). 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 the Statement based on our review. 2. Further, the management is responsible to ensure that the accounting policies used in preparation of this Statement are consistent with those used in the preparation of the Company's opening unaudited Balance Sheet as at April 01, 2015 prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (‘Ind AS’) prescribed under section 133 of the Companies Act, 2013 (‘the Act’) ‘and other recognized accounting practices and polices. 3. We have 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 (CAI). This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial results are free of material misstatement. A review is limited primarily to inquiries of company personnel and an ‘analytical procedure applied to financial data and thus provides less assurance than an audit. We have znot performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement prepared in accordance with the applicable Ind AS specified under Section 133 of the Act read with relevant rules and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements} Regulations, 2015 including the manner in which itis to be disclosed, or that it contains any material misstatement. 5, We draw attention to Note no. 3 to the Statement regarding the Company's appeal pending before CESTAT, Mumbai against the excise duty demand aggregating Rs.22,927 Lac plus interest there on and penalty equivalent to demand amount. Based on expert legal advice and merit of the case, no provision is considered necessary by the Company. The final determination and cash outflow, if any, ‘would depend upon the final decision of the appropriate authorities in the future. Our conclusion in ‘ot qualified in respect to this matter. 6. We have not reviewed the comparative figures including the reconciliation of net profit for the ‘quarter and half year ended on September 30, 2015 and accordingly, we do not express any ‘conclusion on the results in statement for the quarter and half year ended September 30, 2015. These figures have been furnished by the management. For Khimji Kunverji & Co Chartered Accountants Fi Fees No. 105146W MTS vou Gautam v shah Partner (F- el Hf own a0 Mumbai ‘f oe Acorn November 03, 205 0. ai Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbsi 400 013, india T +91 22 6143 7333 E: info@kkein W: www-.kke-in Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400 001, india