Home Sitemap Contact us
About Us Financials Investor Info Investor Service Resources
Financials
Financial Highlights
Annual Reports Sheet
Interim Results
Auditors


 























































































































































Statement of Unaudited Financial Results for the Quarter Ended 30.06.2018



(Rs.Lakhs)

Particulars

3 Months Ended 30.06.2018 (Unaudited)

3 Months Ended 31.03.2018 (Audited)

3 Months Ended 30.06.2017 (unaudited)

Year Ended 31.03.2018 (Audited)

1. Income          
(a) Revenue from Operations  2017 2012 4263 19598
(b) Other Income 18 37 2 280
            Total Income 2035 2049 4265 19878
2. Expenses        
(a)Cost of Materials consumed 217 2867 4853 10675
(b)Changes in Inventories of Finished Goods and Work in progress 406 (2607) (2800) 1789
(c) Excise Duty 0 0 300 (161)
(d) Power & Fuel 947 1025 855 2738
(e)Employee Benefits Expense 333 354 369 1413
(f) Finance Costs  39 7 94 197
(g) Depreciation and Amortisation   Expense 148 144 141 568
(h) Other Expenses 178 350 253 1153
           Total Expenses 2268 2140 4065 18372
3.Profit / (Loss)   before  Exceptional Items  and taxes (233) (91) 200 1506
4. Exceptional Items-Loss - 461 - 1126
5. Profit / (Loss)  Before Tax (3-4) (233) (552) 200 380
6. Tax Expenses           
            Current Tax - 46 42 46
            Deferred Tax (68) (271) 20 -
Total Tax Expenses  (68) (225) 62 46
7. Profit/Loss for the period (5-6) (165) (327) 138 334
8.Other Comprehensive Income(OCI)                   
 i. Item that will not be reclassified to profit or loss        
 a) Effect of measuring Investments at fair value  546 (585) (325) 1553
  b)Actuarial gain on employee defined benefit obligation - 2 - 2
ii.Income tax relating to items that will not be reclassified to profit or loss - (1) - (1)
iii. Item that will be reclassfied to proft or loss        
    Fair value changes on derivatives designated as cash flow hedges(net of tax) - - (3) -
Total OCI 546 (584) (328) 1554
9.Total   Comprehensive Income for the period (7+8) 381 (911) (190) 1888
10. Earnings per share (Face Value : Rs 10/- per share)        
        a) Basic  (1.92) (3.80) 1.60 3.88
         b) Diluted  (1.92) (3.80) 1.60 3.88
11. Paid up Equity Share Capital(Face Value : Rs 10/- per share) 860 860 860 860

12. Other Equity (excluding Revaluation Resereve) as at balance sheet date

- - - 26427

Segmentwise Revenue,Results and Capital Employed (Unaudited)

  

Particulars                    

3 Months Ended 30.06.2018 (Unaudited)

3 Months Ended 31.03.2018 (Audited)

3 Months Ended 30.06.2017 (Unaudited)

Year Ended 31.03.2018 (Audited)

1. Segment Revenue                        
(a) Sugar                975 1242 3498 17331
(b) Co-generation 1165 2182 1969 5960
Sub total 2140 3424 5467 23291
Less: Intersegmental Revenue 123 1412 1204 3693
Sales/Income From Operations                 2017 2012 4263 19598
       
2. Segment Results                      
Profit / (Loss) Before Tax and interest from each segment         
(a) Sugar (168) (872) (54) (230)
(b) Co-generation 33 425 432 1042
Sub total (135) (447) 378 812
Less:        
(a) Finance Costs 39 7 94 197
(b) Other unallocable expenditure/(income) 59 98 84 235
Total Profit / (Loss) Before Tax (233) (552) 200 380
       
3. Segment Assets        
(a) Sugar 6982 7426 12156 7426
(b) Co-generation 9544 9742 10332 9742
(c) Unallocable 16203 15668 13736 15668
Total 32729 32836 36224 32836
       
4. Segment Liabilities        
(a) Sugar 1652 3919 3073 3919
(b) Co-generation 182 207 158 207
(c) Unallocable 3227 1423 7524 1423
Total 5061 5549 10755 5549

Notes :
 
1. The company has adopted Ind AS 115 - Revenue From Contracts with Customers which is mandatory from 1st April 2018. However, the adoption of this standard has no impact on the recognition and measurement of revenue.

2. Sugar production being seasonal, performance of one quarter is not indicative of the trend for the whole year.
3.  Figures for the previous period have been regrouped wherever necessary.

4. Acute cane shortage caused by drought coupled with formidable fall in sugar price poses serious threat to near term viable operations.

5. The above financial results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on 25th July 2018.   
 
Chennai
25.07.2018
N Ramanathan
For Ponni Sugars (Erode) Ltd For Ponni Sugars (Erode) Ltd

 

 
Legal Notice