corp. off survey no 314/3, sda compound, losudio mori, dewos noko, lndore - 452010 ... · 2020. 9....

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Corp. Off ' Survey No 314/3, SDA Compound, Losudio Mori, Dewos Noko, lndore - 452010 (M.P.) Ph.:0731- 42178OA Fox - 0731 - 4217867 E-moil : [email protected] Web : www.groupsignel.com CIN No. : L5 I 900MHI 985P1C035202 INDU'TRIET TIMITED (An IS0 9001:2008 Compony) Dated: l4th September, 2O2O To, The Secretary National Stock Exchange of lndia Limited Exchange Plaza, BandraKurla Complex, Bandra (East), Mumbai-400051 To, The Corporate Relationship Department Bombay Stock Exchanfe Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Ref: SIGNET INDUSTRIES LIMITED (lSlN: lNE529F0l035) BSE Scrip Code: 5'12131, NSE symbol: SIGIND Sub: Outcome of the Board meeting and submission of Unaudited Financial Results for the Quarter Ended 30th June. 202O . Dear Sir, With reference to the captioned subject, we wish to inform you that the Board of Directors of the Company, in its meeting held on 14th September, 2O2O has discussed and approved following matters as per the Notice and Agenda calling Board meeting which commenced at 4.00 P.M. and concluded at 5:=O p.m. 1. Pursuant to Regulation 33 of Securities and Exchange Board of lndia (Listing Obligation and Disclosure Requirements) Regulations,2Ol5, the Board of Directors of the Company has considered, approved and adopted the Unaudited Financial Results for the quarter ended 30th June, 2020 prepared in accordance of lnd A5. ln this respect we are enclosing herewith the following documents: a. Unaudited Financial Results for the quarter ended 30'r'June, 2020. b. Limited Review Report for the quarter ended 30th June, 2O2O. This is for the information of the Exchange and request to kindly take the same on record. Thanking you Yours faithfully For Signet lndustries Limited 5angla DrN 00189676 K]

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  • Corp. Off ' Survey No 314/3, SDA Compound,Losudio Mori, Dewos Noko, lndore - 452010 (M.P.)Ph.:0731- 42178OA Fox - 0731 - 4217867E-moil : [email protected] : www.groupsignel.comCIN No. : L5 I 900MHI 985P1C035202

    INDU'TRIET TIMITED(An IS0 9001:2008 Compony)

    Dated: l4th September, 2O2O

    To,The SecretaryNational Stock Exchange of lndia LimitedExchange Plaza, BandraKurla Complex,Bandra (East), Mumbai-400051

    To,The Corporate Relationship DepartmentBombay Stock Exchanfe LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai- 400 001

    Ref: SIGNET INDUSTRIES LIMITED (lSlN: lNE529F0l035) BSE Scrip Code: 5'12131, NSE symbol:SIGIND

    Sub: Outcome of the Board meeting and submission of Unaudited Financial Results for theQuarter Ended 30th June. 202O .

    Dear Sir,

    With reference to the captioned subject, we wish to inform you that the Board of Directors ofthe Company, in its meeting held on 14th September, 2O2O has discussed and approvedfollowing matters as per the Notice and Agenda calling Board meeting which commenced at4.00 P.M. and concluded at 5:=O p.m.

    1. Pursuant to Regulation 33 of Securities and Exchange Board of lndia (ListingObligation and Disclosure Requirements) Regulations,2Ol5, the Board of Directors ofthe Company has considered, approved and adopted the Unaudited Financial Resultsfor the quarter ended 30th June, 2020 prepared in accordance of lnd A5. ln thisrespect we are enclosing herewith the following documents:

    a. Unaudited Financial Results for the quarter ended 30'r'June, 2020.b. Limited Review Report for the quarter ended 30th June, 2O2O.

    This is for the information of the Exchange and request to kindly take the same on record.

    Thanking you

    Yours faithfullyFor Signet lndustries Limited

    5angla

    DrN 00189676 K]

  • Corp. Off: Survey No. 314/3, SDA Compound,Losudio Mori, Dewos Noko, lndore - 452010 (M.p.)Ph.:0731- 42r78OO Fox - O73l - 4217867E-moil : [email protected] : www.groupsignel.comCIN No. : L5l 9O0MH l 985PLC035202

    TIGNETINDU'TRIET L!MITED(An lS0 9001:2008 Compony)

    SIGNET INDUSTRIES LIMIIED

    UNAUDITED FINANCIAL RESUTTS FOR THE QUARTER ENDED 3OTH JUNE 2O2O

    (Rs. ln Locs)Porticulors Quorter Ended Yeor

    EndedMqrch,2020

    On 30th June2020

    UN JISIMorch,o)n

    On 30th June2019

    I

    lt

    Revenue from Operot ons

    Olher lncome

    Unoudiled Audiled Unoudiled Audiled

    )3438.42

    36.25

    19100.t6

    72.7 )

    22532.8:

    83.7:

    8828 t .9?

    226"7 6

    ill Totol lncome ( l+ll ) 't3474.67 19172.85 2261 6.64 88508.74

    IV EXPENSES

    Cost of motercrls consumed

    Purch,rses of Stock ln Trode

    Chonges in lnventories of ftnlshed goods, $,ork in

    E o .-eBe e, a,pa aFrncnce Cosls

    Deprec crt on cnd Arnoriisotion Expense

    Other Erpenses

    447 ).44

    57 )? .44

    7 )9.74

    )473.42

    192.7 6

    871.)2

    8354.39

    8222.7 5

    (r684.rs)

    s2 r .33

    ) )28.32

    )92.39

    2247.85

    8893.24

    9? r8.96

    22.)A

    556.42

    I 145.50

    )92.34

    )287.63

    3)939.?7

    4139 4.46

    t27t t6)

    22t7.94

    4$a.)7787.59

    629 6.66

    Totol Expenses 13574.52 18982.87 22016.18 86795.58

    VI

    vlt

    VIII

    Profii/(loss) before exceptionol items ond tox (lll-lV)

    Exceptionol ltems

    Profii/(loss) before tox (V-Vl)

    Tox expense

    Curr--n'l -tor

    lox for eor ier yeors

    Deferred Icx

    (ee .85)

    .85)(ee

    63,84

    189.99

    '189.99

    u6.aa)

    |t23.49)

    600.42

    600.42

    (r70.00)

    20.94

    I 7',I3.1 6

    '17't3.16

    (486.001

    /l ?? 1al

    7 5.56

    IX Profit/(loss) for ihe period (Vll-Vlll) (36.02) 45.03 451.35 1'179.23

    X

    XI

    xil

    xilt

    XIV

    Profit/ (Loss) ofter tox From Continuing Operotions

    Profil/ (Loss ) from Disconlinued Operotions

    Tox Expense for Disconlinued Operoiions

    Profit/(toss) ofler tox from Discontinued Operotions

    Profit/(Loss) for lhe Yeor

    ( 36.021

    (s5.02)

    45.03

    45.03

    451.35

    451.35

    1179.23

    1179.23

    ")

  • Corp. Off: Survey No. 314/3, SDA Compound,Losudio Mori, Dewos Noko, lndore - 452010 (M.P.)Ph. : 0731 - 42178OO Fox - O73l - 4217867E-moil : [email protected] : www.groupsignet.comCIN No. : L5 I 9O0MHI 985P1C035202

    TIGNETINDU'TRIET LIMITED(An lS0 9001:2008 Compony)

    XV Olher comprehensive income

    tems thoiwi not be rec osslfied to profli or oss

    ncome Tor re otrng 1o llems (o) Above

    b iiems ihot wr be reclossifled to profit or ossOther Comprehensive lncome for lhe period

    ?.55

    |.9r)

    7.64

    (0 34)

    (r 12)

    ('r.46)

    0. 29

    {0.64)

    (0.35)

    8.30

    (4 rs)

    4.15

    XVi Iolol comprehensive income for lhe period (28.37) 43.57 451 .00 1183.38

    XVII Eornings per equily shore

    Bosic & Diluied (0.2s) 0.1 r.53 3.88

    Ihe obove resu ts were reviewed by the Audit Commlitee ond opproved of the meeting of ihe Boord of Directors he don l41h September, 2020.

    Due to the global outbreak of COVID - 19, a pandemic and following the nation wide lock down by Govt of lndia thecompany's manufacturing activity at Pithumpur Unit (Dist. Dhar) and Other activities at various branches have beenclosedwhichhasadverselyimpactedthecompany's operationsinthequarterending3Othlune2020,howeveroperationsat Pithumpur Plant resumed partially based on permlssion by the relevant local authorities. Management has consideredthe possible effects, that may impact the carrying amount of lnventories and trade receivables. ln making assumptions andestimates relating to the uncertainties as at the balance sheet date in relation to recoverable amounts, management hasinteralia considered subsequent event, internal and external information up to date of approval of these financialstatement and expects no signlficant impairment to the carrying amount of these assets.

    The figures for the quorter ended 3lst Morch 2020 ore the boloncing f gures between ihe oudiied figure in respect ofihe f ul finonclol yeor upto 3lst Morch 2O2O ond unoudlled yeor to doie figure upto 3lsi December 2019.

    I gures of Prevrous period have been regrouoed/rec oslfied wherever necesscry, to moke them comporoble withclrrent f gures of clrrent period.

    Ploce : lndore

    Dote : 14lh Seplember, 2020

    For Signet lnduskies Limited

    Direc

    - 00189676

  • Corp. Off: Survey No.3l4/3, SDA Compound,Losudiq Mori, Dewos Noko, lndore - 452010 (M.P.)Ph.: O73l- 42l78OO Fox - O73l- 4217867E-moil : [email protected] : www.groupsignet.comCIN No. : L5l 900MHl 985P1C035202

    . fiGNET(An lS0 9001:2008 Compony)

    Segment-wise Revenue. Resulls, Assels ond Liobilities

    ln [ocs)

    Porliculors

    Quorter Ended Yeor Ended

    On 30thJune 2020

    On 3lslMorch 2020

    On 30thJune 20'19

    YeorEnded

    Morch,2020

    Segment RevenueMonuf ocluringvvincimilrodingTolol

    Segmeni Resultsi"4onuf ocluring\Nincrmi1rr:dingTotolless:inleresl/idd:Uncllocob e Income (Nei of Expenses)

    Totol Profil Before Tox / Exceptionol ltemsi css: l:xccptionol ltemsTotql Profit Before Tox

    Segmenl AssetsMonuf octuringWlndmillTrodingUno ocobieTotol

    Segment Liobilitiesllcrnufocturing/iindmill rodingUnolloccrbleTotol

    Unoudiled Audited Unoudiied Audited

    7,626.0O

    29.225,783.20

    10,413.5015.63

    8,67 r .03

    12,289.97IA

    'Q10,202.60

    45,622.5793.56

    42,565.86

    13,438.42 1 9.100. r 6 22,532.8s 88.281.99

    923.21/.0J

    66.30

    ) ,219.799.82

    36.48

    I ,590.00a1 ,40

    ) Ja./ .1

    5,635.1 6

    24.77429.13

    996.54 1,266.09 1,747.21 6,085.06

    (1,a73.42)

    l)) Q7\

    (1,128.32)

    52.22

    (r ,1 4s.s0)

    (t.2e)

    v,$a.17)

    s8.27

    (ee.85) 189.99 600.42 1,713.16

    (ee.85) r 89.99 600.42 r,713.16

    5 r ,803.4052A.24

    9,397 .14

    2,767.72

    5t,t94.tB529.59

    9,597 .39

    4,484.35

    50,4r 8.53(2Q Q 1JJU.UA

    t 6,455 .25

    3,896.03

    5t,t94.lB529.59

    a qa7 ?a4,084.35

    64,488.46 65,405.51 71,308.65 65,405.51

    6,79 5.87

    6,892,01

    33,I 9 t .50

    14,394.36

    7,088.4726,289.24

    I 5,304.1 3

    1 I ,897.3126,983.38

    14,390.36

    7,088.47,A )R9 )A

    46,879.38 47,768.07 54,184.82 47 ,7 68.07

    Ploce : lndoreDole : l4th September,2O2O

    ''l

    HAt - ?[ nnu/

  • SMAK &CoChortered AccountqntsFRN; o2olzoC

    ffi l2o Trode Centre, South Tuhogoni,lndore - 452OO1, M.PPh (o) : +91-9-nOO67763,(o) : +91-9111110023Emoi t' ffsssisls:,slithgy9s-msil'sem

    TNDEPENDENT AUDITOR'S REVIEW REPORT

    14.09.2020To,The Board of DirectorsSignet Industries Limited

    we have reviewed the accompanying.statement of unaudited Financial Results of Signet rndustries Limited ('the

    Company',) for the qouii;;;fil6* r*" 2020 ('the statemenf'), being submitted by the Company pursuant to

    Regulation 33 of SEBI (Listing Obligation anJOirctos*e Requirements) Regulations*01?' This statement is the

    responsibility of the Company's Manag"*"ot *a t * been appioved by the Board of Directors' Our responsibilityir ti it.o" a ieport on thesi financial statements based on our review'

    we conducted our review of the Statement in accordance with the Standard on Review Engagement (sRE)-2410'

    ,Review of Interim Financial Information p..ronn"a by the Independent Auditor 9f th: Entity', issued by the

    Institute of Chartered e".o*tuot, of India. r".*it .iunauia requires that we plan and perform the review to obtain

    moderate ass,rance as to whethe. m" rrrun"iai stut"rn.rrt is free of material misstatement. A review is limited

    primarily to inquiries "rt".p*v personnel *rJ *uryti.ur procedures applied to financial data and thus provide less

    assurance than an audit. We have not performeJ * u"ait and according$, we do not express an audit opinion'

    Based on our review conducted as above, nothing has come !o- our attention that causes us to believe that the

    accompanying statemeni oi unaudited n ran.iaiieirlts prepared in accordance with applicable Indian Accounting

    Standards (Ind AS) and other recognized ;;;ti"g practices and policies las not. {lclosed the informationrequired to be disclos"o in t.r*, or [egutation :i orirri sEBI (Listing obligations and Disclosure Requirements)Regulations, 2015 includingtrr. *u*"iin which it is to be disclosed, or that it contains any material misstatement'

    Other Matter

    Attention is drawn to the fact that the figures for the quarte-1 ended 31s March, 2020 as reported in this

    flnancial results are the balancing figures oetween "raiteo figures in respect of the full previous financial

    V""l"nO prbfirn"O year to date figuies up to third quarter of the previous finanSl Year'

    Our conclusion is not modified in respect of this matter' l;

    For SMAK & Co.Chartered Accountants(Firm Reg.No. 020120C)

    er

    M. No. 417866

    Place: IndoreUDIN: 20417 866AAAACR433 3