Scribd Logo
Upload

Welcome to Scribd!

  • 39 views

    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    The document is the unaudited standalone financial results for BGR Energy Systems Limited for the quarter ended June 30, 2016. It includes a summary of the company's income, expenses, profits, segment results, assets and liabilities. The statutory auditors have reviewed the financial results and stated that nothing has come to their attention to suggest the results are materially misstated.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    39 views5 pages
    The document is the unaudited standalone financial results for BGR Energy Systems Limited for the quarter ended June 30, 2016. It includes a summary of the company's income, expenses, profits, segment results, assets and liabilities. The statutory auditors have reviewed the financial results and stated that nothing has come to their attention to suggest the results are materially misstated.

    Original Title

    Standalone Financial Results, Limited Review Report for June 30, 2016 [Result]

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document is the unaudited standalone financial results for BGR Energy Systems Limited for the quarter ended June 30, 2016. It includes a summary of the company's income, expenses, profits, segment results, assets and liabilities. The statutory auditors have reviewed the financial results and stated that nothing has come to their attention to suggest the results are materially misstated.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    39 views5 pages

    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    The document is the unaudited standalone financial results for BGR Energy Systems Limited for the quarter ended June 30, 2016. It includes a summary of the company's income, expenses, profits, segment results, assets and liabilities. The statutory auditors have reviewed the financial results and stated that nothing has come to their attention to suggest the results are materially misstated.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    o

    ENERGY
    BGR ENERGY SYSTEMS LIMITED
    443 ANNA SALAI, TEYfIAMPET, CHENNAI 600018 INDIA
    TEL: 91 44 24301000 FAX: 91 44 24360576

    E-mail: [email protected] Web site: www.bgrcorp.com

    BeSec/201'6

    September L2,2016

    The Manager,
    Listing Depaftment
    National Stock Exchange of India Limited
    Exchange Plaza, Bandra Kurla Complex
    Bandra (E), Mumbai - 400051

    The Manager,
    Department of Corporate Seruices
    BSE Limited
    P.J. Towers, Dalal Street
    Mumbai - 400001

    NSE Symbol: BGRENERGY

    BSE Scrip Code:

    532930

    Dear Sirs,

    Sub: Unaudited Standalone Financial Results for the Quafter ended June 30, 2016
    Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure

    Requirements) Regulations, 2015, we are pleased to forward the foflowing:

    a)

    Unaudited Standalone Financial Results for the Quafter ended June 30, 2016 and

    b) Limited

    Review Report issued by the Statutory Auditors.

    The meeting of the Board of Directors commenced at 3.00 p.m. and concluded at
    5.00 p.m.
    We request you to kindly take the same on record.
    Thanking you,
    ,

    Yours truly,
    for BGR Energy Systems Limited

    Corporate & Secretary


    Encl

    : a.a.

    REGISTERED OFEICE:

    A-5 PA^JNAA4GADU INDUSTRIAL

    ESTATE, RAMAPURAM POST, SUI.URPET TAI.UK, NETIORE DISTRICI

    ANDHM PRADESH 52440I INDIA. TEL:91 44 27948249

    Corporate tdentity Number: 140 | 06AP | 985PLC0053

    ENERGY
    BGR ENERGY SYSTEMS LIMITED
    Reg.Off: A-5 Pannamgadu Industriat Estate, Ramapuram Post, Nellore District, Andhra Pradesh 52++Ol

    Corp.Off: 443, N'na Salai, Teynampet, Chennai 600018 Ph:.*91 44 24301000, Fax: +91 +4 24364656.
    Corporate ldentity Number: L40I06API985PLC0053l8 Email: [email protected] website: *.Ont

    otf,;.il;;,

    PART I

    Income from operations


    (a) Net Sales / Income from operations (net of excise duty)
    (b) Other Operating lncome
    Total income fiom operations (net)

    834i5

    22r

    89192
    215

    83535

    89407

    61404

    74785

    57

    385
    5028

    Expenses

    a) Oost of Materials Consumed


    b) Purchase of stock-in-trade
    c) Chahges in Inventories offinished goods, work in progress and stock in trade
    d) Employee benefits expenses
    e) Depreciation and amortisation Expense
    f) Other Expenses

    4
    5
    6
    8
    10
    11

    T2
    13

    76796
    6840

    7zto

    Other lncome
    ProfiV(Loss) from ordinary activities before finance costs and exceptional ltems (3 +4)
    Finance costs (Net)
    ProfiU{Loss) from ordinary activities after finance costs but before exceptional items (5-6)
    Exceptional items (Net)

    86

    6845
    5520

    7296

    Net ProfiV(Loss) for the period (1 1-12)


    Other Comprehensive

    15

    for the period (13+14)


    ,Total Comprehensive Income
    Share of profit / (loss) of associates

    t7
    t6

    500

    Total expenses
    ProfiV(Loss) from operations before other income, finance costs & exceptional items (1-2)

    t4
    16

    513
    10594

    r499
    82t97

    ProflV (Loss) from ordinary actlvities before tax (7-8)


    a) Tax expense
    b) Tax - earlier years
    Net PrcfiU (toss) frum odinary activities afler tax (9-10)
    Extraordinary ltems ( Net of tax expense )

    4228

    ncome

    19
    19.i

    Minority interest
    Net Profit / (Loss) after taxes, minority interest and share of profit / (loss) of associates {15-16-17}
    Paid -up equity share capital (Face value of the share Rs,10 each)
    Earnings per Share (EPS) before extraordinary items (in Rs.) (not annualised)

    19.ii

    a) Basic
    b) Diluted
    Eamings per Share (EPS) after extnordinary items (in Rs.) (not annualised)

    a) Basic
    b) Diluted

    1325

    5640
    1656

    1325

    459
    866

    1102

    86;

    ttoz

    33

    899

    4
    106

    110;
    7216
    1,53

    L.cJ
    1.53
    1.53

    Segment-Revenue
    a) Capital Goods
    b) Construction and EPC Contracts
    c) Unallocated

    Total

    Less: lnter Segment Revenue


    Net SaleVlncome from Operations
    Segment Resulb (Prdt)(+)/l.oss0 befiorc tar and inbnst
    a) Capital Goods
    b) Construction and EPC Contracts
    c) Unallocated

    83636

    a9407

    8363;

    8940;
    (192)

    t1351

    7402

    tr

    Less: lnterest (Net)


    Total Profit / ttoss) before tar
    SqmentAsseils
    a) Capital Goods
    b) Construction and EPC Contracts
    Total

    4t24
    85283

    6975

    Total

    26t6
    81020

    Segment Liabilities
    a) Capital Goods
    b) Construction and EPC Contracts
    Total

    86

    6845
    5520

    7296

    1325

    1556

    30868
    561399
    592267

    30548
    592526
    623474

    9845
    443796
    453541

    477tsr

    5640

    10388

    487539

    Notes:
    The above financial results have been prepared in accordance with Indian Accouting Standards (lnd AS) prescribed under Section 133 of the
    Companies Act, 2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India. The results for the
    quarter ended Jun 30, 2015 have been restated as per Ind AS and are comparable. The statutory auditors have carried out a limited review for the
    'quader ended June 30, 2015. Ind AS comparable June 30, 2015, figures have not been subject to limited review However, the Management has
    exercised necessary due deligence to ensure that the financial resulb provide a true and fair view of its afiairs,

    Statement of reconciliation of net PAT under IND AS and the net PAT reported under previous lndian

    GMP (IGAAP) for the quarter ended June 30,

    2015
    Sl.Nc
    a
    b

    d
    e

    30.06.2015

    Par.ticulars

    Net Profit after TAX as per previous IGAAP


    Provision for expected credit loss
    Increase in borrowing cost purcuant to application of Effective lnterest rate method
    Reclassification of net actuarial gain on employee defined benefit obligations to OCl
    0thers
    lmpact of deffered and current taxes in respect of the above adjustments
    Net Profit after tax (before OCI) as per IND AS

    lt44
    (e5)
    (61)

    $2)
    74
    52

    1rcz

    The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meeting held on September 12,

    2016.

    Revenue from operations includes an Income of Rs.18550 Lakhs as per terms of the agreement entered into by the company with Hitachi, Ltd., Japan
    (HTC), Hitachi Power Europe GmbH, Germany (HPE) and the company's Joint Venture companies viz., BGR Boilers Private Limited and BGR Turbines
    Company Private Limited.

    The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period of presentation.

    For BGR ENERGY SYSTEMS LIMITED

    A. SWAMINATHAN

    Placd: Ghennai
    Date : Septembel 12,2016

    Joint Managing Director &

    r$
    ffi

    GEO

    fflanouan Cnouonnv

    a (ssocnrEs
    # 27, Subramanlam Street, Phone: +91-44-4290 3333
    Ablramapuram, Chennai 600
    Fax: +9t-44-4290 3350

    CHARTERED. ACCOUNTANTS

    018.
    India.

    web: www.mca.co.in

    Independent Auditors' Limited Review Report


    To
    The Board of Directors of BGR Energy Systems Limited

    1.

    We have reviewed the accompanying statement of standalone unaudited financial results


    of BGR Energy Systems Limited ('the Company') for the quarter ended June 30, 2016

    ('the Statement'). This statement is the responsibility of the company's management and
    has been approved by the Board of Directors. Our responsibility is to issue a report on these

    financial statements based on our review.

    2.

    We conducted 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.

    3. Based on our review conducted


    causes us

    as stated above, nothing has come to our attention that

    to believe that the accompanying Statement, prepared in accordance with the

    applicable Indian Accounting Standards prescribed under Section 133 of the Companies

    Act, 2013 read with relevant rules issued thereunder and other recognized accounting
    practices and policies has not disclosed the information required to be disclosed in terms

    of

    Regulation 33

    of the SEBI (Listing

    Obligations and Disclosure Requirements)

    Regulations, 2015, as modified by Circular no. CIR/CFDIFACl622016 dated July 5, 2016,

    including the manner in which

    it is to be disclosed, or that it

    contains any material

    misstatement.

    ffi

    Mumbal .!. Coimbatore


    Chennai . Bengaluru . Dubai {. Hyderabad
    Guryaon . Kochl .!. Madural
    Mangaluru .!. Vhat . Vijayawada

    fflanonan CnowonPv & (ssocnrEr


    CHARTERED ACCOUNTANTS

    4.

    # 27, Subramaniam Street, Phone


    Abiramapuram, Chennai 500
    Fax

    018.
    India.

    We have not reviewed the financial results presented as per Ind

    AS

    : +91-44-4290 3333
    : +91-44-4290 3350
    web: www.mca.co.in

    and other information

    for the-quarter ended June 30,2015 which have been presented based on the financial
    information compiled by the management.

    Place: Chennai

    For Manohar Chowdhry & Associates


    Chartered Accountants

    Date: September L2, 201 6

    Firm Resistration No. 0019975

    '

    M.S.N.M. Santosh
    Partner

    Membership No. 221916

    Chcnnal . Bengaluru - Dubai -s Hydeabad . Mumbai'3'Coimbatore


    Gurgaon
    Kochl .3. Madural
    Mangaluru.S Virag {'Vijayawada

    You might also like