Eply wovarnies ures GiL/2016-17 October 24, 2016 ‘The Manager ‘The Manager BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, P. J. Towers, Dalal Street Bandra (E) Mumbai - 400 001 Mumbai - 400 051. Fax No, 022-2272-3121/1278/1557/3354 Fax No. 022-2659-8237/8238/8347/8348 Scrip Code: 526797 ‘Symbol - GREENPLY Dear Sir/Madam, 9: Un ial Results for 1d 30th September, 201 Pursuant to Regulation 33 of the Securities and Exchange Board of india (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are forwarding herewith a copy of Un-audited Financial Results along with Segment wise Revenue, Results and Capital Employed of the Company for the quarter and half year ended 30th September, 2016, duly approved and taken on record by the Board of Directors at its meeting held on 24th October, 2016. ‘The meeting was commenced at 12:15 p.m. and concluded at 1:45 p.m. Further, the Statutory Auditors of the Company have carried out “Limited Revi results and the Limited Review Report is attached for your record. w" of the above ‘The above Limited Review Report and results are also available on the website of the Company viz. www.greenply.com. Thanking you, Yours faithfully, For GREENPLY INDUSTRIES LIMITED Copa? KAUSHAL KUMAR AGARWAL COMPANY SECRETARY & VICE PRESIDENT-LEGAL Encl.: As above Greenply industries Limited Mace! Lounge’, Sh & 6 Floor, 23, hete Cental Road, Kolkata - 700027, nda 1 +81 39 30515000 F +61 3290815010 E koltataGigreenpiscam W wire. greenlywood.com: www greeny. com Registered Office Maku Road, Tnsuka Assam = 708°25 Corporate entity Number :L20211AS 990° 003484 emirate ee( \ D. DHANDARIA & COMPANY CHARTERED ACCOUNTANTS , Dhandaria Market, Thana Road, P.O. TINSUKIA — 786125 (Assam) a 4 Ph: 0374-2337684 INDEPENDENT AUDITORS’ REVIEW REPORT ON REVIEW OF STANDALONE INTERIM FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF GREENPLY INDUSTRIES LIMITED. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of GREENPLY INDUSTRIES LIMITED (‘the Company") for the Quarters and half year ended 30th September, 2016, and the financial statements for the quarters and six months ended 30th September, 2015, and year ended 31st March, 2016 as restated as per Ind-AS, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CED/CMD/15/2015 dated 30th November, 2015 and SEBI Circular No, CIR/CFD/FAC/62/2016 dated Sth July, 2016. This statement is the responsibilty of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (IND-AS 34), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibilty is to issue a report on these financial statements based on our review. 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 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 or stated above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the applicable Indian Accounting Standards and other accounting practices and principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEB! Circular No. CIRICED/CMD/15/2015 dated 30th November, 2015 and SEBI Circular No. CIRICFDIFAC/62/2016 dated Sth July, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement. For D, DHANDARIA & COMPANY Chartered Accountants ICAI Firm Reg. No. 306147E, wr (Dindayal Dhandaria) Partner Membership No. 010928 Place of Signature: Kolkata Dated: 24th October, 2016. Partners Phones e-Mails CAD, Dhandaria, B.Com Hons) FCA. 94350-35007 _dhandariadirediftnai.com a (CA P.K.Dhandaria, BCom(Hons}, FC.A.DISAUICAL) 99544-28208 pdhandaria@redittinail.com Facilitate CAN. K. Dhandaria, &.Com,(Hons),F.C.A. DISAICAD) 94351-38460 naveen_dhandariawyahoo.co.in CA (Mrs) R. Dhandaria, BCom. FCA 94357-07803 rdhandaria@yahoo.in ComplianceGREENPLY INDUSTRIES LIMITED Regie : Makum Rosd, Tinsukl, Assam 786 125 ‘Corporate lantty Number L20211AS H2OPL.CCODESA ‘Phone 94 33 3051 S080 Fae +91 39 S068 S012 eoste: wwavgreenply.com €-mal: lvestors@greenply com PARTI iniacs) _statemont of Standalone Un-audited Finaneal Results forthe quarter and hallyear ended 30th September, 2 i. [Paria Saonawie | sneeamve | suceamie | snonaow | anenavie | st0z10 lurouding) | (sua 1 | unavatee) | jYnaused) | quneudies) | Unnuste \o) one paring core exco]_a738 ce| roel sea] r6e eta ncome rom partion “ten | —avivvan| —asvan7e | sowraso| —wnaenst | vrsasz scot materat comes soocats| reorsae| vearsae) —srosnce| —suveras| roe cranes neta trisha ots, wonnrotess an inde iscaeo) —gooas]—sass7|—arsc6) ese] e130 [exon Expome ‘osia| —neeser) —sest7s| — soiase| sooner) mest |e emaye boats eperae siooe| —caseos| —azatee|—eaur.sa]—emzaso| sesan20 [ota Expenses “aenz3| _sowrar| —avaear] —seernse| —vaeerza | uzawo.2e 9 ro Los) wom rainy aces beter t “airaa| amen] wets searas | vasraa | ora 38 ‘er cure oasss2] —comrsy] rr] aun] (state) sae ‘erat Ost jee] eaeru| _eeen| erica] ast a9]__6070) + |p tiene tomar set sri ‘wosas] svo76] 27ass0| eizozo] __eaanae] sarees 12 [eeraccrary erst tax perme 1) a i - 7 2 : 2 at rt (Lon torte pa Teeaas|—awnaze] arses] corozo] sansa] artes 14 lotr Conger mauma, tats) cara|___ze2|_atzo|___ sero] ssn) soon) 15 free compeetensve nce for the paid et of Tax jusara|_—nasrsr| —aavezs| ——exnrso| ease] zene 1 |p Bene €°5 (bate andar oranda tome oe) ae! sar] sat as} tan ly cied £5 (ovo an ater etary est teach 2001 aar| sr as most AGT For GREENPLY IN oe LIMITED Ve BHAN MITTAL, 4. Managing Director & CEO(GREENPLY INDUSTRIES LIMITED ‘Regd Office: Makum Road Tinsukia, Assam 785 125, ‘Corporate lantty Number L202 1AS THOPLCCODADA ‘Phone 4 3 9051 $000, Fax: #91 333081 S019 Website: wwowgreenpy.com E-mal:Ivertors@erenply.com “The stove resuts have been reviewed bythe Aut Commitee and approved by he Board cf Directrs of he Company atte respecte metings eld on Tn Goober 2018, The autor have cared ou "Lined Review” ofthe above resus. “The Franca resuts rin comptes with nd AS pursuant fo Minty of Cemspany Aftairsnofcalon nottyng the Companies (rian Accounting Standord) Haan ey nov adopted Ind AS wh efecto tat Apel 2016 wih comparatves being esas, Accordingly, the impacto venation nas ae ore i fe Gocting Reserves ax ot tet Apel 2015 and all he penods have been resiated accordingly. A Limted Review by he Statutory Adios cee et erotes quarters andthe Yeo" ered 2tet March 2086 nas been Completed. The reconcaton of Net Proft & Equty at parr AS & [GAAP has teen annexes herowh in Annexure The Cempany has execaed the option evalable fo t under Rule 4SA ofthe Conpanies (Accountng Standards) (Secord Amendnant) Rules 2011 in aa er ina or ackumons in fereign exchange lating Lang Term Foreign Curency Monetary Wars Accorsngly has aduted © gen of € respect of sccounioa Wy ace ung the uorerenace 80h September, 2075) 10 te costo is ad astets on account of such derce asing suring Rae vosrer end has proved for deprocatin eran ove the balance ust feo! he respecte assets. Coneequenty, the charge 6 fe Pott and (Sos Accounts efcod that extent In respect of setingup of new MOF menuachsing unt in Chitoot, Andhra Pradesh, necessary steps ae bring taken to ctain remaining salon, Taree ious asta ine Unt. Contos wi ha paral Process Equpment Suopers and correct for fi Engineering Censutancy Services nave aaa erent’ Prmaty layout ofthe unt hes been prepared. Down payvas have been made few projec vendors and cv! censiructon work has been Conmeread, The sad foi ls expecoa tobe commissioned in FY 2019 Inroepect of settrg-up of new Vane, Lumber and Pane products meruacuring unit at Nkok SEZ, Gabon, West Aiea, hough step-down whol owned erra Gescnsy Cason SA necessary seps are bing taken to obtain siattryapprovaleicenses to set-p the Unt. Civil Construction work has beer ‘Commenced and eters nave been laced or lat & machinery for Venea nit wh he suppliers Pursuant to a eoecal resolution passed by the members ofthe Company. tough postal blot ving (ncuing e-voting) process on 3st July, 2016 (he est Foe eae Gomoany 1" recap of duly completed pou bal forms or evotng), fr asuanon of aut shares incudng convertible Cae eee a eit rattonal Placement (IP) 2na! or deporte receipts and! or any oer modes fer an amount not exceeding & 1000 Ser ee iD cual snd aoted 19.45, 525 equity shares of face vals of€ 1 each to Quaid Instulonal Buyers at fe isve pce 8257 sae Sac auarovoingto¥ c,00:99.028, Accordngh,meved, whseibed & pa up share canal cFthe Company hes been ncreaeed from 1208.62 bcs Miboe bravo eauty snares ot 1 ach) t2® 122627 ics (1226.27 265 equty shares of 1 exc). [as mevtiones above, the Comany has rise € 48,00.99,925 though Quad Inittonal Placement (QI) of Equty Shares in August 2016 A on 30» Serbo" aove the Company nas oo far ultaed € 19.9,850414 forthe purpoues te und were so raise Le. sting of new NDF manufacturing unt sera oe sraria Praceah Arount of € 0,00,00,000 has bse temporary invesed in Fixed Depost vith Banks ans balance arownt of € 0,00 08-2896 Iirgin Current Account wi Banks. “Th resus or the quater and hal year ended 20h September, 2016 ate avaobo onthe BSE Limited (BSE} website (URL: www bscinci.comiearporates), Fee ne ee ea Yea Lis. (NSE) webste (URL: wasursennda.com/cerprses) and on the Compenys websie (URL wn greeny cominvestor) “The previous periods ngures nave been regrouped and reclassified wherever necessary. LEGER fr aw For GREENPHY wm LIMITED SeaKS . OSHOBHAN MITTAL [x atonning Drecter & CEOGREENPLY INDUSTRIES LIMITED ‘Rogd.Ottice: Makurn Road Tinsukia, Assam 786 125, ‘Cerporaeantty Number L26211AS#S0PLCeOR4S4 ‘Phone 84 39 9061 S000 Fax: +91 333068 S0tD Weese: wwavareenpy.com €-mal:Ivestors@areanplycom 10. Standalone Statement of assets and lbities: inlacs) Particulars Anat woaans | sson2016 asses (a) Pepey Pat Esuprent searsss] —sxsscd () Cat WomeogoHs cova] ancy (e)omarangti zac] 20084 reece ene] ss62] (Omar nencurenases ecrox| soa 2 [euwrar Assets Caan Goth gaan seeeec] 21835] 8 equmranouspumes 1 ean 2 Womearan ibe Sorowras ania] sere] 2 veer iaiin Tate Partin sasasr) 20024 (6) rent Tx Lert) rel __ ssl sora Tass ser Pace: Kelkata Dated 28th Octobar, 2016 by order ofthe Board je lanaging Director & CEO (OIN 00347647)GREENPLY INDUSTRIES LIMITED. Rega.otice : Maku Road, Tinsukla, Assam 785 125 ‘Corporate lentty Number “L20241AS fe90PL.CO0S484 Phone +6429 3056900 Fax Wiese wwewgreersycom Ems ‘Segmentwise Revenue, Results and Capital Employed {in iacs| ‘Geneon Tatgearendea | ves nae woavdie) | (ynavstes) | cuasuste) | \vrauste) | ones) | (Unused) f- Sogmene evens Grose) Pw as Peas sioroat| —staseae] so1oess|gaorzze| season) szamzer 1) Mee Dany Ftc rmesse| viereat|teaisae| — 2easeza| zaemear| areas euratacaes wea] ross ess] sae] on] ez eros Ssewaare or Operators wevea70| —eaeruso| —avvaure | soereno sruass a Segment Rees vos) batr ta and interest 1s) Pyacoda Aled Preaics seeses| resazs| —susoze | etsso| —acarae| torres Ulan gam] cass oul 8579) ke yr seven) seaea| ease} swan} tse500] zeta lot Poitier Tax wsras|—awnoco| seston] suran| rasnat| raat le seg Listes Poot 8 las Poss ssrrsea| asiiosa| —zaseazs|asrvssz| —zzseezt| ase ' cap Employes ce Uracns ssrezi| _ssosas| nuerse| _seven| _zasrae| arate | | “The above resus have been revswed bythe Aud Commitee and approved by the Board of Directors of he Company a te respective mestngs eld on ah Ostobor 2018 The audios have cared ut "Lites Review” othe above resus By order of the Board ace: Kolkata Datoa : 24tn October, 2016 Joift Managing Director & CEO (OIN 00947547)GREENPLY INDUSTRIES LIMITED Regd Ottce: Makar Road, Tinsukia, Assam -785 125, ‘Corporate laantty Number: L20211AS 1#80PL.CO0RA4 ‘Phone +91 392061 S000 Fax 461383081 S010 Weosie: wow greeny.com —E-nal:nvestors@oroonly com ais eines ecnltion eft rol per ng AS LOMA ar eek ere | here seta en pr Ln Shan ee ee Sspdenataphekel nos Ln Gasca Tar Ont some tof cana] cil innately oo] | fecearcnnn ena comedies nr nt ass ene aa rset i pu jan] oun] tee] a fecapusrctcrso Goel Con Deno ot umd Dasa cm| en] wa] Ween ome eeecl seated bos fea} ta] ten] ay \Spcacncrrace Concha Pees tevpeevacotawet hres a] te Sn] [Snopes unmet t no Ganon Pup ge] aaa] am) sawn func eatevo-eraipaanl is] te | el onion erpyenngte epe ta e wi) eed ml (arvciopesaraneegan nal eal aul on farcgarw nasa oT [recor prenet on nn e Et eal aal anon [ome tree doar fe} ‘ue “apoe| “nat Siearersseaesnee ae lat oa ie Eas dager ya mp {ian|_—ate] pea] econo of Eguly tpt nd 8 8 LOAN? [ann nan TSAR fcapucncrew enous Oo ei etFoved 8 Coase a rib diiercetieeerraitiauvaimra hoes asl iptanaeararuncar et Pent etoans aot Peon a prompt icance mon nw tan Popa es] Sescwaena opaa ven re coantnn Prom ee a joouahluanrtalebadiserdcres-aiareaeteneny tau four ater eevee a Pozen eonter be aero vend ait a Learn tamer eee na Penta eee cnqrat oa eek ms fee ligeaeunemiecie nae evcutcntbans ae ier Teel For GREENPLY INDI ‘aaa ws ‘SHOBHAN MITTAL “i. Managing Director & CEO