Premises, omnitex
3 rd Floor, J. R. Boricha Marg,
Lower Parel, Mumbai - 400 011 industries
Tel.: 4063 5100, Fax : 4063 5199
email ; info@omnitex.com (india) Itd.
Dear Sir,
Sub: Un-audited Financial Results for the Quarter ended December 31, 2016
Ref: Security Code 514324
Further to our letter dated February 3, 2017, we are pleased to enclose herewith a copy
of the Unaudited Financial Results for the Quarter ended December 31, 2016 as
approved by the Board in ,the meeting held today as per the provisions of SEBl (Listing
Obligation and Disclosure Requirement) Regulatio~i2015 together with the limited
review report by the statutory auditors.
Thanking you,
Yours faithfully,
For Omnitex Industries (India) Ltd.,
n
J Ramakrishnan
Director(DIN 02598332)
120, Udyog Mandir No. 1 , Bhagoji Keer Marg, Mahim, IVlumbai-400 016 .
Telefax : 2444 8069173 e-mail : office@tmca.in
Dear Sirs,
Limited Review Report for quarter ended on 31stDecember 2016
1. We have reviewed the accompanying Statement of unaudited financial results of Oinnitex Industries (India)
Limited (the "Company") for the quarter ended 3 1 ~ fDecember 2016 (the "Statement") being submitted by
the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/FAC/62/2016 dated
5111July 2016. 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 the statement based on our review.
2. 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 statement is free of material misstatements. A review is limited
primarily to inquiries of Company personnel and analytical procedures applied to fmancial data and thus
provide 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 as above, nothing has come to our attention that causes us to believe that
the accompanying Statement of unaudited fmancial 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 SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/FAC/62/2016 dated
5tll July 2016 including the manner in which it is disclosed, or that it contains any material misstatement,
except that the Management has decided to deal with the provision of deferred taxation under the
,Iccounting Standard 22 in the last quarter of the fitlancial year.
For Tembey & Mhatre
FRN 116359W
hartered Accountants
Place: ;\Iumbai:
Date: 1 4 / " ~ \ 4 O1
5
(Irkant H 1 a t e r
Partner
Omnitex Industries (India) Limited
Statement o f Unaudited Financial Results for the auarter and nine months ended 3151 December. 2016
2 Expenses
(a) Cost of Malelial Consumed
(b) Purchase o l Stock m Trade
(C)Change in lnventor~erof Finished Goods. Work-in-progress
and Stock-In-Trade
(d) Employee Benerns Orpense
(e )Deprecialion and Amortisation Expenses
I I (0Olher Expenses
Total Expenses
Exceptional Items
10 Tax Expense
(a) Current Tax
(b) Deferred Tax
(c)Prior penod adjuslmenl for taxes
(d) MAT Credn Enlinlemenl
I 11 ~ eProfit
t /(Loss) from ordinary activitiesanertax (9 10)
I I (a) Basic
(b) Olluled
OMNITEX INDUSTRIES (INDIA) I-IM'TIED
Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2016
Notes:
1. The above financial results with limited review report have been reviewed by Audit Committee and then approved by the
Board of Directors in it^ meeting held on February 14, 2017
2. The Company has only one business segment, i.e. 'Trading (Fabrics IYarn)'.
3. The Company has not recognised Deferred Tax Asset in respect of brought forward business loss and unabsorbed
depreciation as per AS22 i.e. "Accounting for Taxes on Income" on consideration of prudence and the same will be considered in
the results of the last quarter.