DARJEELING ROPEWAY CO LTD.

56E , Hemanta Basu Sarani, Old 4 BBD Bagh East,

Room No 14A, Kolkata - 700 001
Email Id:info@darjeelingropeway.com
Website: www.darjeelingropeway.com
CIN : L45202WB1936PLC008796, Ph. : 033 - 32635877

Date: 10/02/2017

Listing Department The Listing Department

SELimited, The CalcuttaStockExchangeLimited
Phiroze Jeejeebhoy Towers 7, Lyons Range,
Dalal Street, Mumbai- 400001 Kolkata-700001, INDIA
BSEScrip Code: 539770

Sir/Madam,

Sub: Outcome of Board Meeting

The Board of Directors at its meeting held on 10th February, 2017 considered and approved the
unaudited financial results of the Company for the quarter and nine months ended 31st December,
2016.

Enclosed herewith the followingdocuments:

Unaudited Financial Results of the company for the quarter and rune months ended 31st
December, 2016.
Limited ReviewReport for the aforesaid quarter.

Thanking You,
Yours faithfully,

For DARJEELING ROPEWAY CO. LIMITED

l)/,r:JFElING;OPEW~Y ,CO. LTD.

DUecto"'AUth~;'W'
 DARJEELING ROPEWAY COMPANY LIMITED
56E, HEMANTA BASU SARAN I, OLD BBD BAGH (EAST), ROOM NO-14A, KOLKATA-700001
UNAUDITED FINANCIAL RESULTS FOR QUARTER AND NINE MONTHS ENDED ON 31ST DECEMBER,2016
-
CIN NO L45202WB1936PLC008796
Amount in Rs.
Particulars Three months Previous Corresponding Year to date Year to date figures Previous
ended 3 months ended three months In figures for current for the previous accounting
(31/1212016) (30/09/2016) the previous year Period ended year ended year ended
(31/1.2/2015) (31/1212016) (31/12/2015) (31/03/2016)

Unaudited Unaudited Unaudited Unaudited Unaudited Audited

1 Income from Operations
(a) Net Sales/Income from operations (Net
of excise duty)
- -
3,496,500
-
9,080,500 12,650,500
b) Other Operating Income 399893 838005 600,805 1 868081 942,576 1,229,736
Total Income from Operations (net) 399893 838005 4097305 1868081 10023076 13,880,236
2 Expenses
a) Cost of Materials consumed - - - - -
b) Purchase of Stock- in-trade - 3,429,000 - 8,680,000 11,240,000
(c)Changes in inventories of finished - - -
goods,work-in-progressandstock-in-trade
-
(d) Employee benefits expense 94,500 98,100 47,265 214,600 159,607 237,511
(e) Depreciationand amortisation expense
(f)Other expenses
- - - - - -
42,320 55,365 15,104 107,542 131,407 538,642
-Listing fees - - 1,567,500 229,000 2,735,590 3,137,490
Total Expenses 136820 153465 5058869 551142 . 11,706,604 15,153,643

3 Profit/floss) from Operations before 263,073 684,540 (961,564) 1,316,940 (1,683,528) (1,273,407)

-
other income, finance costs and
exceptional Items (1-2)

4 Other Income
5 Profit/(Loss) from Ordinary Activities 263,073
- - - -
684,540 (961,564) 1,316,940 (1,683,528) (1,273,407)
before finance costs and exceptional
items (3;t4}

6 Finance Costs
7 Profit/(Loss) from Ordinary Activities 263,073
- 684,540
- - - - -
(961,564) 1,316,940 (1,683,528) (1,273,407)
after finance costs but before exceptional
items(5;t6)

8 Exceptional Items
9 Profit/(Loss) from ordinary activities a
- - - - -
263,073 684,540 (961,564) 1,316,940 (1,683,528) (1,273,407)
before tax (7 ;t 8)
10 Tax Expenses
11 Net Profit/ (Loss) from Ordinary Activities
- - - - - -
263,073 684,540 (961,564) 1,316,940 (1,683,528) (1,273,407)
after tax (9 - 10)
12 ExtraordinaryItems
13 Net Profit/(Loss) For The Period (11;t 12) 263,073
- -
684,540
-
(961,564)
- - -
1,316,940 (1,683,528) (1,273,407)

14 Paid-up Equity Share Capital (Face Value 30,500,000 30,500,000 30,500,000 30,500,000 30,500,000 30,500,000
Rs:10/- per share)
15 Reserves excludingRevaluation Reserves
as per balance sheet of previous accounting
- - - - 2,156,260

year
16 Earning Per Shares (of Rs. 10/- each) (not 0.09 0.22 (0.32) 0.43 (0.55) (0.42)
annualised)
(a) Basic
(b) Diluted 0.09 0.22 (0.32) 0.43 (0.55) (0.42)

Notes:
1. The above resultswere reviewedby the Audit Committeeand thereafter taken on record by the Board of Directorsat its rneetlnaheld on 10/0212017
2. The StatutoryAuditors have earnedout the Limited Reviewof the above FinancialResults.
3. Figuresfor the previousyear/quarterhave been regrouped/recastedwherever necessary.
4. The above resultswill be availableon Company'swebsitewww.darjeelinqropewaycorn
5. Duringthe quarter ended 31st December,2016 and the correspondingprevious quarter/year,the Companyhas operated only in one
geographicalsegment. Hence segment reportingas per AS 17 is not given.
6.Current year provisionfor taxationwill be determined and made at the end of the current year l.e. F.Y.2016-2017

Place: Kolkala

Oale:l0/02l2017
For DARJEELING ROPEWAY CO. LIMITED

U,.,f:jFELING10P'EW~Y .CO. LTD.

DUectorI~~'"'
 Todi 'I'ulsyan & Co
Chartered Accountants
201/202, B-wing Extn, 2nd Floor, Rolex Shopping Centre, Station Road, Goregaon (W), Mumbai ~400 062,
Telefax: 022 - 6755 6030 12873 7979, Mob, : 9323344556, Email: dilipttco@rediffmaiLcom

LIMITED REVIEW REPORT

To,
THEBOARD OF DIRECTORS,
DARJEELINGROPEWAYCOMPANY LIMITED
56E, HEMANTA 8ASU S,t\RANI,
OLD BSD BAGH(EAST)
ROOM NO, 14A,
KOtKATA700001

We have reviewed the accompanving statement of unaudited financial results of DARJEELING

ROPEWAY COMPANY LIMITED for the quarter and nine months ended 31st December, 2016, This
statement is the responsibility of the Company's Management and has been approved by the Board of
Directors! Committee of Board of Directors, Our responsibility is to issue a report on these financial
statements based on OUf review.

We conducted our review in accordance with the Standard on Review Engagement {SRE) 2400,
Engagements to Review Financial Statements, issued bv 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 primarilv to
inquiries of company personnel and analytical procedures applied to financial data and thus provide less
assurance than an audit We have not performed an audit and accordinglv, we do not express an audit
opinion,

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 prepared in accordance with applicable
accounting standards and other recognized accounting practices and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SESI (Listing Obligations and
Disclosure Requiretnenls) Regulations, 2015 including the manner in which it is to be disclosed, or that it
contains anv material misstatement,

For TodlTulsyan & Co.

Chartered Accountants

CA Dllip Kumar
Partner
M. No, 054575
FRN:002180C
Date*10/02/2017
Place - Kolkata