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MEGO. OFFICE:
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RE.),(! HOUSE. 11 CAMI\ INDL ESTATE.
OOREGAON (E). MUMlW-'00 06.l. ll'"DlA
TEL.: 9l-22-~9S&Sl268Sl99S
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REM/ ELEKTROTECHNIK LIMITED ;'i FAX = +91 22 26&$ 088& i
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February 14, 2017

To
The General Manager - Dept. Corporate Services,
Bombay Stock Exchange Limited,
25th Floor, P. J. Tower, Dalal Street,
Mumbai - 400 001

Scrip Code: 512487

Sub.: Outcome of Board Meeting


Dear Sirs,

This is to inform you that the Board of Directors at its meeting held on Tuesday, the
141h February, 2017, has inter-alia approved the Unaudited Financial Results of the
Company for the quarter ended 31~1 December, 2016.

Please find enclosed the Unaudited Financial Results of the Company and Limited
review report for the quarter ended 31st December, 2016.

The Board Meeting commenced at 2.00 p.m. and concluded at 3.00 p.m.
Yours faithfully,
FOR REMI ELEKTROTECHNIK LIMITED

~/
H.ttJosHI

Encl.:a/a

IS: 325

CE lJSrl Works: Survey No. 65/1, Naik Pada, Waliv, Vasai (E}, Thane-401 208. Tel.: 0250-2451631/32
Ahmedabad, Bangluru, Kolkata, Chennai, Hyderabad, Naypur. New Delhi, Kochi, Kanpur, Indore, Goa
R..EMI ELEKTR..OTECHNIK LIMITED
RMd. Office: Betni House. Plot No.11. Coma Industricd Estate. Goreoaon (East). Mumbai 400 063
CIN : L51900MH1988Pl.C047157

STATEMENT OF STANl>ALONE UNAUDITEQ RESULTS FOR THE QUARTER ANb NINE MONTHS ENbEb 31ST bECEM8ER. 2.016

PART-I ''In Lakh&.


Corresponding Corre&panding
P~cedlng 3 3 Months ended 9 Monlllsended Previous
Sr. 3Monthe Months in the Previous 9Montht In tile Pr9YIOU$ year
Par1lculaB
No. onded ended Year ended Year ended
31.12.2016 30.09.2016 31.12.2015 31.12.2018 31.12.2015 31.03.2016
(Unaudited! (Unaudited) (Unaudll9d) (Unaudited) !Unalldiled) [Audited)
1 lncoma from 011erat1on1

(a) Net Sales/lncome rrcm Operations (Net of Excise Dutv)


2,171A7 2,026.50 2.203.01 7,110.21 7,032.84 9.980.~
(b) Other operating Income
_,, .. 9.93 2.69 3.15 29.41 17.46 25.70
Total Income rrom Operations (N&t)
2,029.19 2,206.16
"--- --- .. ~.181.40 -- 7,139.62 7,050.30 10,008.56
2 Expense a

(a) Coat of malerials consumed 1,166..94 1,166.66 1,086.60 3,455.49 3,210.10 4,419.57
(b) Purchases ot stoc:l\-in-traae 23.77 37.49 14.20 90.18 74.67 115.75
(c) PulChases and Expenditure of Reel Es1Bte Cevelopment 188.28 153.66 516.11 1,060.89 1.821.21 1,787.64
(d) ChenQes in in11entories of finished goods, work-l~progress 181.91) (59.74) (353.41) (2S2.18J (505.92) (133.0<1
and stock-lnnde

(e) Empoyee benelils expenses 218.14 220.04 208.64 655.39 628.76 839.8~
(f) Job WOrk Charges 254.70 215.33 222.04 681.68 639.85 900.7:
(g) Cepreciatlon 47.92 47.23 49.11 141.77 144.70 194.2<
(h) Olher expens.es 307:37 260.49 224.35 807.65 656.00 925A~

-- - ----
Total exoansas 2,125.21 2,041.16 1,967.64 6,630.8!_. 6,163.~_ ~9,050.4!
3 Profttl(LOes) from Operatlon1 before Otlltr Income,
- --
finance costs and Exce11t1ona1 tteme ( 1 . z) 66.19 (11.97) 238.52 &08.76 886.93 956.1'
-- -
4 Other Income 0.62 109.45 0.75 111:_6~- . 5.96 13.4:
6 Prolitl(l.Ooe) from ordlqal'Y acll\'ltles before flnancecoata and
IEa.cepUonal Items ( 3 + 4) S6.81 97.48 239.27 - - . .. 620.33
-- 892.89 969.5
6 Finanoe 006ts (NeO 88.91 74.94 90.23 249.87 239.83 331.91
...
7 Pl'oflt/lL069) from ordinary activities after finance coat& before Tax (
66) (32.10) 22.54 149.04 370.46 653.06 637.6
--- . . ..
8 T&lt Exoenses (7.651 (~.49) 51.42 114.59 226.04
- 213.5:
9 _ Net Pror1UtLoa1) from Ordlnary-ActlvlUee after Tax I 7-8 ) 124.55 26.03 97.62 266.87 . - . - 427.02 424.1!
10 PaidUD Eg11ity Share Capital (Face VallJEI - R~: 101-. P':~ Snare) 486.50 466.50 486.50 ... - 486.SO 486.50 486.51
11 Reserves excluding Revaluation Reserves

12 earnings Per Sha,. IF11ce Value 2! ~ 22 li.ilSil!)


_,, - - - . -
---- - . 3,470.8'

C> Basie (0.60) 0.54 2.01 S.26 8.78 8.7:


:(b} Diluted (0.60! 0.54 2.01 5.26 8.78 8.7:

Contd ......:
: 2 :

S6MENT-wrsE REVENUE. ltESULTS ANb CAnTAL EMPl.OYEO ALONG WITH n{E QUARTE'Rl.V RESULT

('In Lakhs
COIT'8Sponding Co1respondin9
Preceding 3 3 Months ended 9 Months ended Previous
Sr. 3Montha Months in the Previous 9Months in the Previous year
No. Particulars
ended ended Year ended Year ended
31.12.2018 30.09.2016 31.12.2015 31.12.2016 31.12.2015 31.00.2016
!Unaudited) cunaudiied1 [Unaudited) IUnaudltvd) (Unaudited) (Audited)

1. SEGMENT REVENUE
( Sales I Income from )

a) Electrical Motors 460.97 375.13 451.17 1,248.62 1,330.94 1,800.00


b) Instruments 1,564.46 1,672.09 1,210.83 4,711.79 3,899.12 6,033.00
c) Real Estate 162.86 (74.80) 542.17 1,073.72 1.715.88 2,063.45
d) Wind Power 7.29 65.48 7.14 136.16 119.83 135.72
TOTAL 2,195.58 2,037.90 2,211.31 7,170.29 7,065.77 10,032.17
Less : Inter Segmenl Revenue 14.18 8.71 5.15 30.67 15.47 25.61
Total Income 2,181.40 2,029.19 2,206.16 7,139.62 7.050.30 10,006.56

2. SEGMENT RESULT
(Protit(+lll.OSSllbefore tax & int. from each S!llll!IOO
a) Electlical Motora (31.781 81.25 11.24 SS.29 (41.09) 9.02
b) lnslruments 128.55 116.77 67.34 348.11 209.83 536.71
C) Real Estate (26.09) (144.82) 170.76 143.56 666.13 370.57
d) Wind Power (13.871 44.28 '10.07) 73.37 69.02 53.24
TOTAL 56.81 97.48 239.27 620.33 892.89 969.54
Leas:
Interest & Financial Charges 88.91 74.94 90.23 249.87 239.83 331.90
Prom before Taxation (32.10) 22.64 149.04 370.46 653.06 637.64

3. CAPITAL EMPLOYED
(!Qment Assets - Segmenl liabilities)
a) Electrical Motors 1,159.93 1,200.62 1,401.73 1,1S9.S3 1,401.73 999.17
b) Instruments 2,106.75 2,006.33 1,503.95 2,106.75 1,503.95 1.576.96
c) Real Estate 2,756.67 3,102.66 2.646.10 2,756.67 2,646.10 3.044.10
d) Wind Power 699.12 687.83 641.74 699.12 641.74 639.02
TOTAL 6,722.47 6,997.44 6,193.62 6.722.47 6,193.52 6,269.25

1 Fi9ures of previous period have been regrouped to make lhem comparable wherever necessary.

2 The Statutory Auditors have carried out "Umlled Review" of the aforesaid financial resulls.

3 The above unaudited financial results were reviewed by the Audit committee and subsequently approved by the Board of
Direclors at their respective meetings held on 14th February. 2017.

8y Order of the Boarc


For REMI ELEKTROTECHNIKUMITEb

Mutnbai ( V.C.SARAF
14th February, 2017 Chclirman & M~reeta1

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