Jav 6hree Tea

Industries

ltd.

SHR/21l

EIRI-A GROUP OF COTPAIIIES

August 5,2016

The Secretary,
Bombay Stock Exchange Ltd.,
Corporate Relationship Department,
Rotunda Building, 1., floor,
Nerv Trading Ring,
Dalal Street,
Mumbai 400 001

Dear Sir,
Sub : Unaudited Financial Results alongwith
Segmentwise revenue results
and
h June,
2016 after,,Limited

capital

We are pleased
and capital emp
previons quarter

ts) Regulations (LODR Regulations)

ard of Directors in their meeting heli
ewed by the Auditors of the Company.

A copy of the Review Report is also enclosed.

Please note that the Unaudited Financial
Results alongwith segmentwise results
are being
published in the leading news papers
as per requirement.

Thanking you,
Yours faithfully,

President

&

Secretary

Encl : As above

Regd.& H,O.:lndustry House, lSthFloor,l0,C-omoc Street, Kolkoto-7l|0l7,lndio.Ph.:+91 332282753t4Fox:+91 3322821535

E-moil: webmoster@joyshreeteo.com Website : www.joyshreeteo.com, CIN : 115491W8 1945PLCOl277l

eb;Py.HarJ^"V

JAY SHREE TEA & INDUSTRIES IIIIIITED

statement

of unaudited

Financial Results for tl|e ouarter ended 3oth June. 2o1G

Particulars

a)

30-06-2016

I 31-03-2016 |

3GO6-201s

Income from Operations

Net Sales/Income from Operations

(Net of Excise Duty)
b) Other Operating Income
Total lncome from Operations (Net)

a)
b)
c)
d)
e)
f)
S)
h)

Expenses
Cost of materials consumed
Purchase of stock-in-trade
Changes in inventories of finished goods,
work-in-progress & stock-in-trade
Employee benefits expense

DepreciaUon and amortisaUon expense

Power & Fuel

(330s)
5246
373

Consumption of Stores and Spare-parts

Other Expenses
Total Expenses

4.
5.

Profit/(loss) from Operations before Other Income,

finance costs & exceptional items (1-2)
Other Income
Profit/(toss) from ordinary activities before finance costs

and exceptional items (3+4)

16.

l'.
le.
|

10.

l
|

Tax Exoenses :
Current Tax
Deferred Tax

Tax adjustment for earlier yearc (Net)

tt'

Net Profit

13.

Extraordinary items (net of tax expense)

Net Profit/(Loss) for the period (11-12)

t''

I'o.
|

Finance Costs

Profit/(toss) from ordinary actiyities after finance costs

but before exceptional items (5-6)
Exceptional ltems
Profit/(toss) from ordinary activities before tax (7_8)

1s.

/ (toss) from ordinary activities after tax (9_10)

Paid up Equity Share Capital (Face Value ( 5/- per share)

Reserues excluding Revaluation Reserye as per balance

46
133

(3372)

(3372)

tile+l

L444

t444

sheet of preyious accounting year

Earnings per share (before & after extraordinary items)
(of { 5/- each)(not annualised)
a) Basic
b) Diluted

(11.02)

Notes:

L.

Tea & Su8ar Industry being seasonal in character, the above

figures cannot be taken as indicative for

the full vear.

As per requirement of revised Accounting standard (As)

ro "property, prant and Equipment,,, effective

from 01'04'2015, depreciation amounting to < 32.63 likhs on bearer plants
has been provided during
the quarter ended 3Oti June, 20r6. Further, reprantation expenditure
amounting to < 34.34 rakhs which
was hitherto charged to statement of profit & r-oss, has been capitarized
in this quarter. As a resurt,
profit for the quarter is higher by { 1.71 lakhs.
The Board of Directors has decided

to hive off sugar Business of the company to a whofly owned

subsidiary w.e.f. 1st Aprir, 2016. Necessary apprication has been
fired for the same. pending approvar

from appropriate authority, the results of sugar Business for the quarter
ended 30th June, 2016
included above.

is

As per note (1) above,

5.

it is difficult to estimate taxable profit for the year and hence current and
Deferred Tax shall be provided at the year-end which is reported by
the Auditors in their review reoort.
Previous year,/period figures have been regrouped/ rearranged,
wnerever necessary.

5. The above results are after ,,Limited Review,, by the

Auditors of the Company.
The-above
T:u!s for the quarter ended 30th iune, 2016 have been reviewed by audit committee on
4'- August, 2016 and approved by the Board of Directors of the company
at their meeting hero on
5th August, 2016.

For Jay Shree Tea & Industries Limited

I
5'" August, 2016.
Kolkata.

r/'\

ff.^^---_-\

D.P. Maheshwari
(Managing Director)
DrN NO. 02203749

Segmentwise Revenue Results & capital employed under clause 4l of the Listing
Asreement with Stock Exchanee for the Ouarter ended 30th June. 2016

In Lakhs

Ouafter ender
Particulars

30-06-2016
(Unaudited)

31-03-2016
(Unaudited)

1. Sesment Revenue

Previous Year
ended 31st

30-06-2015
(Unaudited)

March,2016
(Audited)

( Net Sales/Income from each Segment

)

a) Tea

7697

101 18

6798

46277

862

r536

r082

8375

c) Sugar

3425

1757

25s8

14772

d) Others

103

t28

84

479

60

81

55

304

12027

13458

10467

69s99

995

(2703)

362

3459

(64)

125

(10s)

131

c) Sugar

614

(21e8)

(e47)

d) Others

1l

(r7)

(ls)

22

g40

(1e81)

(19s6)

2665

901

751

1077

3923

53

(3sr)

(rsr)

(36e)

92

(3083)

(3184)

(r6271

25936

22977

27976

22977

4091

4076

4050

4076

c) Sugar

r6038

14569

r4946

r4s69

d) Others

2221

1835

2237J

2ssr4l

29s901

b) Chemicals

Less :

& Fertilisers

lnter Segmental Revenue

Total

2.

Segments Results
( Profit(Loss) before tax

& interest )

a) Tea
b) Chemicals

& Fertilisers

Total
Less : Interest (net

oflnterest Income)
Add : Unallocable Income net off
Unallocable expenditure

Total Profit(Loss) before Tax

Seement Ca pital Em oloved

( excluding revaluation reserrc
)

a) Tea

b) Chemicals & Fertilisers

282221

76s08

73449

78721

73449

Stngfii

{, Co.

Chartered Accountants
r6r, SARAT BOSE ROAD, KOLKATA-7O0 026, (tNDtA)
O : +91(0)33-2419 6000,98362 33222. E-mail : kolkata(@singhico.com ' Website : wwwsinghico com

INDEPENDENT AUDITOR'S REVIEW REPORT

To,
The Board of Directors
Jay Shree Tea & Industries Ltd.

"lndustry House"
10, Camac Street

Kolkata-700 017

We have reviewed the accompanying statement of Unaudited Financial Results of M/s. JAY SHREE TEA &
INDUSTRIES tlMlTED ("the Company") for the quarter ended 30'n June, 2016. This Financial 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.
We conducted our review 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 financial statements are free of material misstatement. A review is
limited primarily 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 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 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 SEBl (tisting Obligations and Disclosure
Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any
material misstatement, subject to the lollowing:

o)

Non provision of income tox ond deferred tax fot the quortet ended 30'n June 2016, os per
Accounting Stondotd-22 on "Accounting for Toxes on lncome", impoct of which hos not been
asceftoined by the Compony.
For Singhi & Co.

Chartered Accountants
Firm Registration No.302049E

(Aditya Slnghi)
Partner

Membership No.-305161

Place: Kolkata
Dated: the 5th day of August 2016

MU/vlBAI

NEW DELHI

BANCALORE

CHENNAI

AHMEDABAD