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TIL Limited

CIN : t74999W81974P1C041725

Esoisrered 0llice:
1 . Tararolla 8oad, Gardsn Beach

(olkata.700 024

Ph.
Fsx

: 8633.2000, 6633.28a5

:2469-3731/2143
Wetsirs : www.tilindi .ir

November 7th,201,6

The Secretary

FAX No. 4025-3030/3038

The Calcutta Stock Exchange Association Ltd.


7, Lyons Range
Kolkata 700 001
Bombay Stock Exchange Limited
Towers,
Dalal Street, Fort,
Mumbai 400001.

AXNO. 22-?272-3721, / 2039 /

2041,/ 206-t

/ 1,9't9

P.J.

National Stock Exchange of India Ltd.,


Exchange Plaza, C-1, Block - G,
Bandra Kurla Complex, Bandra (E),
Mumbai 400 051.

FAX NO. 22-2659-8237 /8238

Dear Sirs,

Re: Unaudited Financial Results of TIL Limited ('the Companvl for the second quarter
and half-year ended on 30tt' September. 2016

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)


Regulations, 2015, we are enclosing herewith the Unaudited Financial Results of the Company
together with the Independent Auditor's Review Report (Standalone) for the second quarter
and half-year ended 30fr September, 2016 as approved by the Board of Directors of the
Company at its Meeting held today, the 7tr'November,2D1,6.

Kindly take the above on your records.


Thanking you,

TTACHARJEE
Encl, As above

P.0. 8or 323, (olkata

700 001

Deloitte
Haskins & Sells

Chanered Accountanrs
BenSal lntelligent Park

BuildingAlpha, lst floor


Block - EP & GP. Sector -V
Sak Lake Electroni(s Complex
Kolkata - 700091
ndra
Tel: +91 (033)66121000

Fax:+91 (033)66121001

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM


FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF

TIL LIMITED
1.

We have reviewed the accompanying Statement of Standalone Unaudited


Financial Results of TIL LIMITED ("the Company") for the Quarter and Six

Months ended 30th September 2016 ("the Statement"), being submitted by the
Company pursuant to the requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. This Statement
which is the responsibility of the Company's Management and approved by the
Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in Accounting Standard for Interim Financial
Reporting (AS 25), prescribed under Section 133 of the Companies Act, 2013
read with relevant rules issued thereunder and other accounting principles
generally accepted in India. Our responsibility is to issue a report on the
Statement based on our review.

our review of the Statement in accordance with the Standard on


Review Engagements (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 Statement is free of
material misstatement. A review is limited primarily to inquiries 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.

2. We conducted

3.

Based on our review conducted as stated above, nothing has come to our
attention that causes us to believe that the accompanying Statement, prepared in
accordance with the aforesaid Accounting Standards and other accounting
principles generally accepted in India, 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 it is to
be disclosed, or that it contains any material misstatement.
For DELOITTE HASKINS & SELLS
Chartered Accountants
(Firm's Registration No. 302009E)

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Kolkata,

7rh November, 2016

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A. Bhattacha rya

Pa;-t ne r
(Membership No. 054110)

TIL LIMITED
CIN : L74999W81 97 4PLC04'1725
Regd.Office : l,Taratolla Road, Garden Reach, Kolkata - 700024
Phone :+91 33 6633 2000 / 2845 Fax: +91 332469214313731

Website

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b)
2

a)
b)
c)
d)
e)

Total lncome from OpeBtions (Net)


Expenses
Cost of Materials Consumed
Purchase of Stock-in-Trade
Changes in lnventodes ol Finished goodg, work_in-Prog.ess and Stock-in-TEde
Employee Benelita Expense
Oepreciation and Amortisation Expense
Other Expenses
Total Expenses
Profit I (Loss) f,om Operations before Other lncome, finance costs and exceptional

1
5

Profit / (Loss) from ordinary activities before finance costs and Exceptional ltems
(3+4)

6 Finance Costs
Profit I (Los$) from ordinary activities after finance costs but before Exceptional
7
Items (56)
8 Exceptional ltema
Profit / (Loss) from Ordinary Activities beforc tax ( 7+8)

(LGs) from Ordinary Activitles after Tax (9-10)


Extraordinary ltem (net of tax expense)
Net Profit / (Loss) for the period (11-12)
Paid-up Equity Share Capital
(Face Value of ( 10r- each)
Reserves Excluding Revaluation Reserve
(As per Balance Sheet ot Prcvious Accounting Year)
per share (EPS) (of< t0/- each) [Not Annuali$edl
- Baaic
- Diluted
Net Profit /

in Lakhs

a*oro aot, aarr=*",* ,o,a

3 Monlhs Endcd
30th Septembor 2016

Net Sales/lncome f.om Operations (Net of Excise Duty)

Months Ended
30th June 2016

3 Months Ended
30th September 2015

6 Months Ended
30th September 2016

6 Months Ended
30th September 2015

,14,463

121
14,5E7
9,21',1

1,503
(599)

2,476
555
3,039
16,186

(r,ssg)
143

112

(1,1s5)

(1,t08)

1,438

2,112

(2,894)

(3,2201

25,415
22,s21

(3,220)

4,984
17,537

t.,rrol

17,537
1,003

13,2201

1,003

NOTES

r)

EQUITY ANO L|ABILITIES


1

(b) Restoes.nd sulplus


sub{oral

16,623
17

sharcholdeE' funds

(a) Lono -Tm Borcwinss


(b) Dor6red TdLiabiriiies (N.t)
(c) Lons-Tem Povrs ons
Sub-total -

432

6,322
5,531

9,191

Non{lmnt liabilitics

(a) shod -Tem Botr@inls


(c)

a2a

Olhd Curent Liabili es

(d) shon- Tem Prcvisions

22,402

Sublot l-Curentliabilitie.
TOTAL . EOI'ITY ANO IIABILITIES

53
220

(ii0 capl8r work-h Prcqrss


(b) Non -curent lnveslmenr
(c) Lons-Tem Loans and Advan@s
(d) othr Non-cudenl Assls
Sub-tot l - Non+urent asseis

322

21 S91

13
220

'1,2

17,A25

14,213
(d) cash and cash Eqlivalnts
(o) shon Tem Loans andAdvanes

sub"total -

2l

3)

2,S30
179

cufrnt a$els

Reqt iEm.nts) Regll.tion5, 2015


Tho abow un.udit d Bsuts for the q!.rt r and six nonih6 end.d 30th sepr.mbr, 2016, dhM in t.rms of Rooul.ti6n 33 of th. sEBl {Listino oblis.lion. and oircl@uE
hav. b..n cviered by tn.Audit Commitree and.pproved by the Bo.rd of Diccto6 at lhir mooting held oh fth November,2015.t Kolkat and h.ve ben subj.ct d to "Lihi
SLtutory AuditoB ot the ComPrnY.

Th. op6htions ot rhe Company pertainB onty ro MaGnal Ha.dring Solutions (i.e. m.noLcturinO and n.rxeting of vaiioG Maieri.l Handling EquipmentB n.m.lv Mobilo Crane!
q
s.tf Loadino Ttuctr cr.ne6, Road con.truction Equipments, etc. .nd d.alino i. sp.E. .nd prcvidino 3ctuice6 to Elat d equipment6). Th. conp.nv ha6 onlv on FPort ble

inAccoudingstand.rd-l7on'soonentReporting,henceegnentEportinoi..ccord.ncwithAsrTEnotapplicabletolh'comp'nv'
a)

Ereption.l lteme EpE6.nts Profit

on

s.le of fong T6m ln@stmedts.

q!.rt r .ndod 3oth June, 2o16, The conpany, vid. its sh.eholdeE .ppreval, dispo*d of its caterpillar oe.leEhip busi&ssi which w.5 run throuqh
afoe;id di.pos.l, Tracto6 t.di. priv.t Limned a.d Tr.cro6 N6pal Pnvab limit6d..ased to b Bubsidiane. ofth. comp.ny on and from ,5t April, 2016
Dcring the

5)

6)

its subsidi:nt

(
The aerd of oiBcroE ofthe comp.ny, at its heering held on 27th May,2016, h.s.rted to plblish only th6 stand.lone re.uhs ofthe comp.nv for th. curent n..nci.l vear
(fistino obligations.nd
the ye.r ed, wh.E tho consotad.ted BsulE wil De p!bti.h.d] vids the prcviEions of clau.e 33(3xbxi) of the secuhties and Exchanse Bo.rd of lndi.
RecuiEnenrs) RBsutations 2015- accordingty, allthenouE6 discloied i. the unaudited Fin.ncial Results Epesent3 standalon.lilles 6f ihe E5potiv6 pe.iodlve.r.

Pe!io!. ye./s/

p.nod's tioucs h.ve b..n camnged/ E9rcup6d whe@ver n.c.ssaryi to corlform lo tho$ of the corcnt p.nod

ffim
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