SS ——_ KS) khaitan (India) Limited Phone (038) 22103391 Tred oss Pace Hola 700004 Fan (oe) 22487546 SeyDOATONAPEIBGEPLCO8TTS Eval kisur@vernet ‘acaba 14 February, 2017 Corporate Relations Department National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor. Plot No. C/1, G- Block Bandra - Kurla Complex, Bandra (E), Mumbai — 400 054 Corporate Relations Department Bombay Stock Exchange Limited Floor 25, F J Towers, Dalal Street, Mumbai — 400 001 Dear Sir, Sub: Outcome of Board Meeting dated 14.02.2017 Ref : BSE Scrip Code : 590068, NSE Symbol : KHAITANLTD We are pleased to inform you the outcome of the meeting of Board of Directors of the Company held on 14 February, 2017 at 12.00 Noon as follows :- The Board of Directors of the Company have approved the unaudited Financial Results for the quarter ended 31.12.2016.The same is enclosed herewith. Kindly take note of the same. Thanking You, Yours faithfully, For Khaitan (India) Limited ae Qt ulekha Dutta Company Secretary ‘Agriculture Division : Ramnagar-742 163, Dist. Murshidabad (West Bengal], Phone : Saki lrshidabad [West Bengal], Phone : Saktipur (03482) 242233, ‘Sugar Division: Khaitan Nagar-741 157, Plassey, Dist, Naca (WV-B.), Phone : (03474) 26 2348/7 TL. NonruO.P.SHARMA AND ASSOCIATES B3-8" Floor, Saltee Spacio, Chartered Accountants 1, Mall Road Kolkata-00080 ph. (491)9330888609 sharmaomprakash92: ‘ilcom THE BOARD OF DIRECTOS KHAITAN (INDIA) LIMITED 7, RED CROSS ROAD, KOLKATA — 700001 1. We have reviewed the accompanying statement of unaudited financial results of M/s Khaitan (India) Limited for the period ended 31 December 2016. This statement is to issue a report on these financial statement based on our review. 2. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, to” Review of interim Financial information , Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard required 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 the inquires 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. 3. Management has informed us that accruing gratuity/leave encashment is treated on cash basis which is not in accordance with Accounting Standard-15 and impact of revised AS 15 has not been taken, and the value of total employee cost is understated thus understating the LOSS by the same amount and working has not been made regarding deferred tax assets/liability and tax expenses as per Accounting Standard- 22, segment reporting as per AS 17 and non reorganization of same interest income as per AS-9 issued by The Institute of Chartered Accountants of India. Further Fixed Assets register is under complication as per schedule Il of the Companies Act 2013.0.P.SHARMA AND ASSOCIATES 8-3,8" Floor, Saltee Spacio, Chartered Accountants 1, Mall Road Kolkata-00080 ph. (+91)9330888609 e-mail : sharmaomprakash925@gmail,com 4. Based on our review conducted as above, except for non provision of Retirement Benefit as per AS-15 and depreciation as per schedule 2 of the Company’s Act 2013 we report that, nothing has come to our attention that cause us to believe that the companying statement of the Results prepared in accordance with applicable Accounting Standards issued under the Companies (Accounting Standards) Rule, 2006 which continue as per Section 133 of the Companies Act, read with rule 7 of the companies (Accounts) Rule, 2014 and other recognized accounting practices and policies generally accepted in India, has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement, including the manner in whish it is to be disclosed, or that if contains any material misstatement except for non compliance of AS-9, AS-15, AS-I5 & AS-22 as described in the previous paragraph nothing has come ot our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the or that it contains any material misstatement. For OP Sharma & Associates Chartered Accountants Firm Registration No.500128N (OP.Sharma) Proprietor Membership No 070762 Place: Kolkata Date: 14" February, 2017KHAITAN (NOIA) LIMITED REGO. OFFICE 48, J LNEHRU ROAD, KOLKATA -700071 mal klaugerven.net; Website: ww. Ahaltansugar.com Phone: 033 22487460, 099) 210 3931 (ln {CN Nos 10e00WE93EPLCEORTTE Fa (033) 2248 7646 TATE OF UWAUS'TED FINANCINE RESULTS FOR THE GUARTER AND RINE WONTHS END DUST SEES sted set Petry, 2017 ‘Sulekna Duta Biesor joie Do ‘QUARTER ENDEL TINE WONTHS ENOED | VERA ENDED Pericuars SEE] soosane | —sitaaois | srtezoie | ovsas0is | soaz016 Unsssted | Unaudied | Unauateg | Uneusted | Unsustes | Austes 7 [neon om operation (a) Net Ssewtncome rom operation 49888 mas most 7810 sense er22 [net of excise dt) (0) te operat Income . : 2 {Feta ineome from operation (Net) a ee Tas Ta a az 2 |expenses (a) Cost of mater consumed 2008 1807 1463 sss 08 05 (0) Purchase stock vege 2e30 ss ; 200 [c) Ensngesn invertors o Fianed goods |worcn progress ane sleskinveoe aol crese see] (rs29] tas 169] a) eretoyes tenets expenses mae 220 ‘ses! sat weet 2223| le} oepracaten ana smersaton expenses 800 aie 4500 a6 wae ‘7608| It) One: expenses 7393 wu grrr 7285 15450 2121 otal expenses Bo) sore ass a8. TEs [profit Love trom operation befor ether income finance co 7 i |e bone fs spersion asa) Tass (6500) 2530) (928) 4 |Otherneome ers eas 06 s7812 208 {rot Lore rom ordinary actives before hance costs and saa pen (ara | Seal tees . sous a8 ras sacs 28573 ‘4s0.22 rot! Love trom ordinary activities after finance costs and ey sass ag eal | en 7 [ereapionl tome (6) sas79 asa] csr] (a2 szen) ress 1 [Exceptional tems : : E 8. |Pratt/ Lowe from ordinary actives before tax (78) sa79 cs.6] qsrsa] (9a) (as20n] 786382] 40 [Tax exper z : $ : : z 41 [prone Loss trom orainary activities ater tax (9+10) sas79 636] sss) 42a szsn| (785.83) 42 [Envaesinry tame (ntof tc exparca Las) = : : 7 203 42: [Not Prot Loe forthe perioa (1-12) ww 2525] sr] (oa easy) 78689 44 |idp Egy Share Capa (Fce Vale per stare Rs 10) 41500 430 47500 475.00 17500 475.09 46 |aessres & Suri (eeuding Revaluation Reserves) per lnc het of previous scouting year 5 : 5 : (oseas] 46 [Earning Per Share (Before Extenorinary ems) of RS, 10 fach (nt annuals) ‘Basicand Died sar oral (sal ‘0.10 (o75) ass] 47 Earning Fer Shate (Aer Extraordinary Hens) of Rs. 10- leach (ot mnneaised) asc and Died ser 07) o22] 010) 75] vs 1 the above unacied resutsfr the Quarter and Nine Months eed Ist December, 2016 hae been reviewed bythe Audit Commitee and approved bythe Bord of Drecorsat is esting lon 14h Ferny, 2017 2 The Sastry Autor have contest Limited Review ofthe above Financial Res, 5 ThoFigures or the Quer ended 31st Decent, 201 and forthe comesponding Quer endd 51st December, 215 athe alarcingfigres between aut Figures in espet ote nine montis an he pals year to dts Figures up tthe soond quarter ofthe respective ne months ended on 3st December, 216 4 The Company has writen tack a im of 8, 36159836 C0 due to Su Development Fund roars ries aroun of Rs, 856311700 and Intet of Rs 27596719.0 shown as Long Tem Baring sthsis no longer payable as perth norman snd reordsavalable om te website of Deparment of Food And Puli Disbuin, Minit of (Consumer Afi, Feed and Publi isbn, Government of indi. {5 Previous pring’ Fiures hive ben reyfoupedearanged wherever necessary. by the Order oft by ne Orie fhe Bors Pace: Kota ovata nc) ites