CHITRADURGA SPINTEX LIMITED

Regd.Off.P.B.No.9, Bangalore Road, CHALLAKERE-577 522. Karnataka

CIN:L85110KA1990PLC011467
UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30th June 2015
Part - I
(Rs.in Lakhs)
Quarter Ended
Preceding Corresponding
Sr.
Particulars
Year ended
3 months
3 months
3 months
No.
ended
ended in the 31.03.2015
ended
30.06.2015 31.03.2015 previous year
30.06.2014
(Refer Notes Below)
(Unaudited) (Audited)
(Unaudited)
(Audited)
1

3
4
5
6
7
8
9
10

11
12
13
14
15
16
17
18

19

Income from operations

(a) Net sales/income from operations
(b) Other operating income
Total income from operations
Expenses
(a) Cost of materials consumed
(b) Purchases of stock-in-trade
(c) Changes in inventories of finished goods, workin-progress and stock-in-trade
(d) Employee benefits expense
(e) Depreciation and amortisation expense
(f) Other expenses(Any item exceeding 10% of the
total expenses relating to continuing operations to
be shown seperately)
Total expenses
Profit from operations before other income,
Finance costs and exceptional items.(1-2)
Other income
Profit from ordinary activities before finance costs
and exceptional items (3+-4)
Finance costs
Profit / Loss from ordinary activities after finance
costs but before exemptional items (5-6)
Exceptional items
Profit from ordinary activities before tax (7+-8)
Tax Expenses
(a) Current Tax
(b) Deferred Tax
Net Profit from ordinary activities after tax(9-10)
Extraordinary items (net of tax Exp Rs. Lakh)
Net Profit/Loss for the period (11-12)
Share of profit /Loss of Associates*
Minority Interest*
Net Profit /Loss after taxes, minority interest and
share of profit /Loss of Associates(13-14-15)
Paid-up equity share capital
(Face Value : Rs.10/- per share)
Reserve excluding Revaluation Reserves as
per balance sheet of previous accounting year
Earning per share(before extraordinary items) in
Rs. (not Annualised)
a) Basic
b) Diluted

0.56
-

0.56
-

0.56
-

2.23
-

1.01
1.57

1.94
2.50

0.54
1.10

5.16
7.39

-1.57
2.67

-2.50
2.63

-1.1
2.25

-7.39
10.05

1.10

0.13

1.15

2.66

1.10
1.10

0.13
0.13

1.15
1.15

2.66
2.66

1.10
1.10
-

0.13
0.13
-

1.15
1.15
-

2.66
2.66
-

1.10
461.03

0.13
461.03

1.15
461.03

2.66
461.03

20.00

0.02
0.02

0.00
0.00

0.02
0.02

0.06
0.06

Part - II
A
1

Particulars of Shareholding
Public shareholding
- Number of shares
- Percentage of shareholding
Promoters and Promoter Group Shareholding **
a) Pledged / Encumbered
- Number of shares
- Percentage of shares (as a % of the total
shareholding of promoter and promoter
group)
- Percentage of shares (as a % of the total
share capital of the company)
b) Non - encumbered
- Number of shares
- Percentage of shares (as a % of the total
shareholding of the Promoter and Promoter
group)
- Percentage of shares (as a % of the total
share capital of the company)
Particulars

3783400
82.06

3783400
82.06

3783400
82.06

3783400
82.06

826900

826900

826900

826900

100

100

100

100

17.94

17.94

17.94

17.94

3 months ended
30.06.2015

INVESTOR COMPLAINTS
Pending at the beginning of the quarter
Received during the quarter
Disposed of during the quarter
Remaining unresolved at the end of the quarter

Nil
Nil
Nil
Nil

Notes:
1) The above results were reviewed by the Audit Committee and thereafter taken on record by the Board in
its meeting held on 13.08.2015 and also Limited Review were carried out by the Statutory Auditors
2) The Company has only one segment as per Accounting Standard 17 of the Institute of the Chartered
Accountants of India .
3) The Karnataka High Court vide its order dated 10th July 2015 has approved the scheme of reduction of
capital on account of which the equity share capital of company will be reduced from 46,10,300 equity
shares of Rs 10 each aggregating Rs 4,61,03,000 to 4,61,030 equity shares of Rs. 10 each aggregating to
Rs.46,10,300. Accordingly an amount of Rs. 4,14,92,700 will be reduced from the equity share capital by
setting it off against the accumulated losses of the company.
4) Previous year figure have been regrouped wherever necessary.
for CHITRADURGA SPINTEX LIMITED

Place: Challakere
Date: 13.08.2015

(Sd/-) S.VISHWANATH
MANAGING DIRECTOR

CHARTERED ACCOUNTANTS

REPORT ON LIMITED REVIEW

have reviewed the accompanying statement of un-audited financial results of

CHITRADURGA SPINTEX LIMITED Regd.Off.P.B.No.9, Bangalore Road, Challakere577522., for the quarter and three. months ended 30th June, 2015. This statement is the

responsibility of the company's Management and has been approved b), the Board of Directors
in their meeting held on 13trAug ,2015. My responsibility is to issue a report on these financial
statements based on my review.

\-

conducted my 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 plan and perform the review to obtain moderate

A review is
primarily
personnel
limited
to inquire of company
and analytical procedur6s applied to
provide
less assurance than an audit, I have not performed an audit and
financial date and thus
I
not
express
accordingly, do
an audit opinion.
assurance as to whether the financial statements are free of materials misstatement.

Based on my review conducted as above, nothing has come

to atterrtion that

causes me to

believe that the accompanying statement of un-audited financial results practice in accordance
with applicable accounting standards and other recognized accounting practices and policies

of clause 41 of the Listing

Agreement including the matter in which it is to be disclosed, or that it contains any mateial
has not disclosed the information required to be disclosed in terms

misstatement.

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[rn'x,:-

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HE'IANNANJI DEDHIA
Place:.MUMBAI
Date: 13.08 .2015

Chartered Accountants

Mem. lrlo.-044402.

Off. : 48, Patwa Chambers, 104/108, Clive Road, Mumbai-400 009. ),Te\.022-2348433412U81354. Telefax 022-234U334

e-mail : cndedhia@hotmail.com