Deccan Cements Ltd. — Interim / Quarterly Report 2019

Feb 12, 2019

DECCAN CEMENTS LIMITED

CIN: L26942TG1979PLC002500 REGO OFFICE : 6-3-666/B, "DECCAN CHAMBERS", SOMAJIGUDA. HYDERABAD - 500 082. PHONE : +91 (40)23310168, 23310552. +91(40)23310561, 23310599 FAX : +91 (40)23318366 E-MAIL : info@deccancements.com WEBSITE : www.deccancements.com

Statement of Unaudited Financial Results for the Quarter and Nine months ended 31st December 2018
							(Rs. in Lakhs except per share data)
SI No	Particulars	Quarter ended			Nine months ended		Year ended
		31.12.2018	30.09.2018	31.12.2017	31.12.2018	31.12.2017	31.03.2018
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
I	Revenue from operations	17310.54	16251.44	13414.27	49734.24	43077.31	59442.25
II	Other income	198.95	187.06	206.85	557.45	331.61	395.42
Ill	Total Income (I+ II}	17509.49	16438.50	13621.12	50291.69	43408.92	59837.67
IV	Expenses
	(a) Cost of materials consumed	1703.65	1472.73	1240.99	4649.43	3709.49	5222.83
	(b) Excise Duty	-	-	-	-	2417.33	2417.33
	(c) Changes in inventories of finished goods,Stock-in-Trade and Work-in-Progress	(113.46)	785.58	(58.25)	591.61	327.92	687.73
	(d) Employee benefits expense	608.15	677.45	623.68	1935.19	1923.71	2418.13
	(e) Finance costs	161.84	154.74	144.49	479.87	426.45	566.23
	(f) Depreciation and amortisation expense	556.27	572.95	571.05	1654.63	1702.45	2268.99
	(g) Power and fuel	6657.04	4779.50	4374.82	16501.15	11921.25	16950.14
	(h) Freight Charges	4046.75	4581.46	3812.21	13463.63	11229.03	15780.32
	(i) Other expenses	2120.48	1828.00	1598.19	5881.09	5163.71	7441.67
	Total expenses (IV)	15740.72	14852.41	12307.18	45156.60	38821.34	53753.37
v	Profit/ (Loss) before exceptional items andtax ( Ill-IV)	1768.77	1586.09	1313.94	5135.09	4587.58	6084.30
VI	Exceptional Items	-	-	-	-	-	-
VII	Profit/(loss) before tax (V - VI)	1768.77	1586.09	1313.94	5135.09	4587.58	6084.30
VIII	Tax Expense
	Current Tax	629.02	575.98	430.40	1828.53	1537.69	1812.86
	Deferred Tax	(6.21)	(8.33)	(11.42)	7.64	65.06	416.51
IX	Profit/( loss) for the period (VII - VIII)	1145.96	1018.44	894.96	3298.92	2984.83	3854.93
x	Other Comprehensive Income (net of tax)	-	-	-	-	-	(44.06)
XI	Total Comprehensive Income for the period	1145.96	1018.44	894.96	3298.92	2984.83	3810.87
XII	Paid-up Equity Share capital	700.38	700.38	700.38	700.38	700.38	700.38
XIII	Earning Per Share (Face Value of Rs.5/- each
	(a) Basic	8.18	7.27	6.39	23.55	21.31	27.52
	(b) Diluted	8.18	7.27	6.39	23.55	21.31	27.52

Notes:

1 The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 12 February 2019. Statutory Auditors of the Company have conducted limited review of the above results as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

2 According to the requirements of SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 revenue for the nine months ended 31 December 2017 and year ended 31 March 2018 included a portion of revenue (1 April 2017 to 30 June 2017) which was reported inclusive of excise duty. Goods and Service Tax (''GST") has been implemented with effect from 1 July 2017 which replaces excise duty and other indirect taxes. Accordingly as per Ind AS 18, revenues for the quarters ended 31 December 2017, 30 September 2018 and quarter and nine months ended 31 December2018 are reported net ?f GST.

3 The Company has one reportable segment "Manufacturing and Selling of Cement" as per the requirements of Ind AS 108 "Operating Segments".

4 Previous Year/ Period figures have been regrouped and recast, wherever necessary, to conform to the current period classification. for DECCAN CEMENTS LIMITED

Place : Hyderabad f.~raJ P Parvathi kt

Date : February 12, 2019 Managing Director

Works : Bhavanipuram, Janpahad P.O., Pin:508 218. Suryapet Dist. (T.S.) Phones: (08683)229503,229504,229505,229507, Fax: (08683)229502