IPGP GROUP

Dharani Sugars and Ghemicals Limited

Regd.

DSCL\Notice Reg-29 \2017

The Secretary,
Office 'PGP HOUSE", (Old No.57) New No.59. Sterling Road. Nungambakkam,
Chennai - 600 034. Tel. : 28311313, 28254176, Fax . 2823207 4,28232076
Email :commercial@pgpgroup.ln, finance@pgpgroup. in, secretarial@pgpgrou p. in
Website : wwwdharanisugars. in
CIN No.: 115421TN1987P1C014454 TIN No.: 33061502443 CST No.. 818529/19.11.87

1,L.02.20L7

The Stock Exchange, Mumbai

Corporate Relationship Department, Email lD : qgr-p.relations(dbseindia.com
First Floor, New Trading Ring,
Rotunda Building, P J Towers,
Dalal Street, Fort, Mumbai 400 001.

Mr Hari - Vice President

National Stock Exchange Limited E-mail : cc_nse@ nse.co. in
Exchange Plaza, 5t'' Floor
Plot No.C/1 c Block
Bandra - Kurla Complex
Bandra East, Mumbai 400 051

Dear 5ir,

Sub: Unaudited Financial Results for the euarter and Nine months ended
31n December 2016.

In accordance with Regulations 29 and 33 of the securities and Exchange Board of India (Listing obligations
and Disclosure Requirements) Regulations, 2015, we are pleased to enctose the
Unaudjted Fjnancial Results
for the Quarter and Nine months ended 31't December 2016 along wrtn
segment wise report. Tnese nave
been approved in the MeetinS of the Board of Directors held on 11'h February
2017. The Report of the
Auditors is also enclosed

This above Results is also available at the website of the Company (www.dha
ranisuears. in) and at the
websites of the Stock Exchanges where the equity shares of the Company
are risted: BSE Limited
(www. bseind ia.com) and National Stock Exchange
of India Limited {ulg-Uellt ).

Thanking You,

Yours faithfullv.
for Dharani Sugars and Chemical

Encl.: as above

Dharani Nagar, Vasudevanallur, Karaipoondi Villag, Polur, Kalayanallur Villags, Thiyagadu.ugam,

lrunelveli Diskict - 627 760 Tiruvannamalai District - 606 803. Pallangacherry Post, Kallakurichi Vi4
Ph : (046ffiJ 24137013711372 Ph : (04181) 223161, 223162,22st7o Villupuram Diskict - 606 206
Far : (04636) 241578 Fax : (04181) 2233:|0 Mobile : 9i1422 56! 38
Emajl : dharanil @dharanisugars-pgp.com Email : dharani2@dharanisugars-pgp.com Email : dharani3@dharanisugars?gp.com
 Dharani Sugars and Chemicals Limited
Rcgd. Office: ,PGP Houser', No.57 Sterling Road, Nungambakkam, Chcnnai 600 034
't el.No.9l -44-2831
l3l.], Fax No.09l-44-28232074, CIN - Ll542lTNl987PLC00l4454
Emaili Websiter www
trr,\lrl)ll lil) I INAN(IIAL RESULTS FOR THf, Q(iARTER & NINtr MONTHS ENDED 3lst Df,CEMBER 2016
Quartel Ended Nine Months Ended Year Ended
s, \o Particularr 12-2016 30.09.20t6 31.12.2015 31.12.20t6 31.12-20t5 J1.0J.2016
Unaudited Auditd
lnconrc,ioDr ( )pcrirli(n]s Rs in Lf,khs
a Ncl Salcs llDcotnc lionr ()perations (lnclusivc ofexcise duty) ti2l|.66 ti962.81 7849.57 35761.1 | 26E44.66 31437.94

b. Othcr ( )pcraline llcorDc 93 86 107.69 106.19 318.59 356.96

'lirtal IIcomc from ()pcr{tion (net) tJJ25.52 t407056 7955.76 360Et.70 27201.62 37943.07
lrpensr-.i
J L ost ol Mutlri11\ eor)\uur(d 5657 .9 7 3782.49 1394.95 20't71.55 141I I.30 28096.92
h. Purchnsc 01 Sl()ck rr lrt|de
e ( hangcs in in\cnloflc\ ol_linishcd goods. work in progress 41t54 85 7t 5E.67 5056.51 6180.24 10194.34 ( 1300. r2
rnd slock in lradc
d. Lnrdotce Benclil t\pcnsc\ 605.47 5E3.51 564.88 1199.14 1729.48 2292.68
Dcprccifl tr(nr atrd arrkrrtisalinn expenses 5l t.95 5 t2.18 514.01 1535.54 1539.49 2059.17
l Othcr l-lxpcnses t544.24 t446.61 8t7.91 4224,66 2878.72 4t87.1r
'l-||tel Jlrpcns(\ 13114,48 13483.46 834832 345|Lt3 30453.33 35335.76
Pr()li/{l-oss) frool Opcrirlions bcfore Other Incomg Financ t51.04 587.1 (392.s6) t570.51 (J25r.71 2607.31
oost & I::xccplioDill llcnr\ ( l-2)
-l t5.24 27.2r 5.80 67.44 43.74 66.92
l,rolil/(l.oss) lionr {rrrlin r\ activitics before finance cosls & 160.28 6t4.31 (3E6.76) 1638.01 (3207.97) 2674.23
l:\ceplrnrirl llcnr\ (:l-41
lrlrilrcc (i)sls l70 1.75 t922.97 | 551.0r 5668.42 5215. t0 6663. I

1 l)rolil/(l.oss) Iion ()f(l|nnr\ activitics afler finance costs but ( 1595.47) ( 1308.66 (t937.77) (4030.41 (8423.07) (1q88 87
brli)rc Fxccpli(nlirl lte|lrr (i-{: )

li\ccplional rlcnls 2.09 2.81 2.81 7.11 8.41 l1.25

I'rolit/(l-oss) fro ()rdin{rv activities before tax (7+E) ( rs93.38) (lJos.Es) (1934,961 (4022.70) (8414.64 t$71.62)
t0 lrN I:\ pcr)sc( iDcludn 18 l)c ltrred l-ax) t7-] .15 130.E6 69.70 7l1.85 3579.08 2806.59
Nel lrrolit/( | oss) li(nr ( Xdirrary activities after Tax (9- 10) ( 1420 03 (974.99 ( 1865.26) (3lr0.8sl (4835.56 ( I t71.03

l2 lr\lraordirur\ ltcnrs (flcl ol tax cxpcnses)

1.1 \d I'rofit/(l.oss) for lhe period (l l-12) (t420.03) (974.99) (1r6s.26) (3Jlo.Es) (4E3s.s6) ( l | 71.03)
l',ril-Lrp I (pil\ Sh:rrc ( .rt)itirl 3320.00 3093.00 2938.98 3120.00 2918.98 2918.98
t5 Reservcs c\cluding rc\alLtation Rcserves as per Balanc! She|Jl (2318.60)
ol-Drev )us accouDl||lg \ car
16 (') I:anrings pcr sharo ol ll\ l0/- cach (EPS) before Extraordinar)
llcnls (rrot anDLraliTed)
tL lliNie (,{.28) (3. r5l (6.35) (9.97) ( 16.45) (3.98)
h l)ilul(d (4.28) (3.l5) (6.3s (e.97) (16.45) (3.e8)
(ii) lurmiDgs pcr sharc ('l l{s l0f caoh (EPS) allcr Extraordinar)
llcDrs ( rr{ rl nnnualrzc(l)
l llasic (4.28) (3 rs) (6.35) (e.97) (16.45) (3.98)

h. Dihrtcd (4.28) (3.15) (6.3s) (9.97) (r64s (3.98)

\otes
I Ihc abovc tJnaudilc(l linancial rcsults havc been revicwed b),thc Audit Committee and approved in the meeting of Board ofDircclors
hol(i on llth Fcbrrrirr') 2017. Statutory auditors. have carriccl out a limited reveiw ofthe financial results for the quarter endcd 3lst
l)cccnrbcr 2()16.
I Sugitr llldusl'\ bcirg scasonal in naturc. thc Quarterly results c nnol be taken as an indicator ofthe full ]'ea/s working results.
.l I'fe!ious lcirr's ligLrfcs havo bcen regroupcd/ reclassilied whercvcr necessary.
I I he t;na[dilcd linirrcial rcsults are available on the stock cxchangcs rvebsite www.nseindia-com and www.bseindia.com and on thc
j,,|lrp: l\'s s( h\rlc rr rr rr.,ihrrranisugars.in.
SRINIVASAN & SHANKAR By order ofthe Board
Chorteted Accountonts
Firm No.0050935
,/,
R1
per R. MANIKANDAN Dr.Prhni.C.Peliasamv

Membership No: 216063

Place : Chennai
Date 11.02.2017
 Dhar!|ni Su80rs and Chemicels Limitd
Regd. Ottice: "PGP House", No.57 Stcrling Ro.d, Nung.mbrkkrm, Chenmi600 034
Scgmert ltcporting undcr Rcgulation 33 of th SEBI (LODR) Regutations 2015 for th. Qu.rtcr & Nine Months cnded Slst December
2016
QIerter Endd Nine Modths Edded Year Endd
31-12.2016 30.09.20r6 3t.12.2015 3t,12.2016 31.12.20r5 31.03.2016
I):trticulNrs
Unauditcd Auditcd
Rs in bkhs
I (Gross SNlcs/ Incomc from ach Segmcnt)
a.SuSar 12323.65 t2235.7 | 62t1.44 32311.08 2r2t8.34 10490.34
b.Dislillcr) t2tz.40 2476.14 l98l.08 5260.02 456t.66 5989.58
788.89 532.3 281.66 2782.67 4087.85 762t 5l
d.Uni|lk)caled t09.l0 134.9 106.43 386.03 356.96 512.05

I otal 14434.04 t 5379.05 8586.61 40739.80 30224.81 44673.44

I-oss: hrtcr Segnrcnt llevenuc !093.28 1281.28 838.54 4590.66 3726.61 6663.49

Gross Srles/ Incomc from ODerations 13340.76 14091,71 7748.01 36149.14 26498.20 38009.99
Segmcnt Rcsulls
(l'rolll/(l-oss) heli)rc tax and Interest from each
segntc0l)
u.5u80r (289.71) 30r.93 (371.29) (234.61) (4939.4{r) (1125.2s)
h.l)istillcr\ 348.56 431.64 (l 19.64) | 4t4.91 695.91 l4 t8.43
l4 t.84 (136.40) 47.31 460.94 9r 6. t8 2888.53
d.Linalk)caled (34.4t) 17.14 62.80 (3.17) | 19.42 92.52
Iotal 166.28 614.3t (386.76) t,638.01 Q201.911 2614.23
l-css
r,lntcrcsl t76l.75 t922.91 l55l.0l 5668.42 52t5.t0 6663.t0
ii.orhcr t;n-dll{)clhle cxpenditurc net ofi
iii.tJn ulk)cuble loconle 2.09 2.81 2,81 '7 .71 8.43 I1.25
'I'ot||l l'rofit/(l,ossI Before Tax (159.3.3E) ( r30s.ts) 1t934.961 (1022.70) (84r4.64) (3971.62\
Sgmcnt,\ss|:ls
i].sugi[ 4t 675.51 4666'1.99 364t9.69 4t675.51 36419.69 46331.41
b.l)istillcr} I441J7.85 t3971.95 t4492.48 1448?.85 14492.48 l46t 4.21
| 4312.26 | 5397.91 14858.l2 | 4312.26 14858.l2 t5331.47
d.LJnalloculcd 2237.93 2238.63 2348.26 2231.93 2348.26 2239.12
'l olItl 72713.55 74276.54 68 8.55 72713.55 68118.55 78516.81
scgnlent Liabililics
a.J!8itr 32929.59 36424.38 25196.68 32929.s9 25196.68 30234.84
b.l)istillcr! 3637.74 2429.09 3066.41 3637.74 t066.41 2639.65
6475.6 | 6524.t3 6050.79 6475.61 6050.79 6283.97
d.Unrlk)catcd
'l otel 43012.91 ,15377.60 34J13.88 $n42.94 t43r1.88 391s8.46

SRINIVASAN & SHANKAR By order of the Bosrd

Chortered Accountonts For Dhrnni Sug.rs rnd Chcmicals Limitcd
Firm No.0050935

i?t
per R. MANIKANDAN Dr.PslNni.C.Periasxily

Membership No:216053
Place : chennai
Date I1.02.2017
 New No : 18, 2nd Floor, Karpagambal Nagar,
SRINIVASAN & SHANKAR Mylapore Chennai - 600 004. India
Phone : 91- 44 - 4204 0715,4204 0718
Chartered Accountants
Fax : (91)('14) 4203 0457.
E-mail : admins@srinishankar.com

Limited Review Repofi

The Board of Directors

Dharani Sugars and Chemicals Limited

We have reviewed the accompanying statement of unaudited financial results of DHARANI

SUGARS AND CHEMICALS LIMITED ("Company") for the quarter and nine months ended
December 31, 2016 attached herewith, being submitted by the Company pursuant to the requirement
of Regulation 33 ofthe SEBI ( Listing Obligations and Disclosure requirements) Regulations 2015.
This statement which is the responsibility ofthe Company's management and has been approved by
the Board ofthe Directors on February 11,2017, has been prepared in accordance with recognition
and measurement principles laid down in Accounting Standard 25 "lnterim Financial Reporting",
specified under Section 133 of the Companies Act, 2013 read with the relevant rules issued
thereunder and other accounting principles generally accepted in India. Our responsibility is to issue
a report on these financial statements based on our review.

we conducted our review in accordance with the Standard on Review Engagement (sRE) 2410,
.,Review of Interim Financial Information Performed by the lndependent Auditor of the Entity"
issued by the Institute of Chartered Accountants of India. This standard requires that we plan and
oerform the review to obtain moderate assurance as to whether the financial statement is liee of
material misstatement. A review is limited primarily to inquiries of company personnel and
analyical procedures applied to financial data and thus provide less assurance than an audit. We
have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as stated above, nothing has come to our attention that causes us to
believe that the accompanying Statement of unaudited financial results prepared in accordance with
the applicable Accounting Standards, as notified under the Companies (Accounting Slandards)
nutes, }OOO read with Ruli 7 of the Companies (Accounts) Rules, 2014 in respect of sectionl33 of
the companies Act, 2013 and other recognized accounting practices and principles generally
accepted in India, has not disclosed the information required to be disclosed in terms of Regulation
33 oithe SEBI ( Listing Obligtions and Disclosure Requirements) Regulations, 2015, including the
manner in which it is to be disclosed, or that it contains any material misstatement.

Srinivasan & Shankar

Chartered Accountants
Firm Regn No. 0050935

i?1 ENNAI

Per R MAN IKANDAITI

Partner
M No. 216063

Place: Chennai
Date: February I1,2017