Hind Rectifiers Ltd. — Interim / Quarterly Report 2019

Aug 8, 2019

HIND LIMITED LAKE BHANDUP hlroctcom

8- ND. ROAD, (W). 400 018. TEL.: +91 22 2569 6739 FAX: +91 22 2596 4114 . www corponto@hlrscl. com I mark-unthlnct. com . CIN: L28900MH1958PLCO11077

Ref. No. /HIRECT SEC/ 2019-20/ 42

8th August, 2019 Exchange

The

Limited

"Exchange

Plaza" 5'"

Floor,

C-'l,

Block 'G'

National

Stock

of

India

BSE Limited 1St Floor, New Trading Ring Rotunda Building, Phiroz Ieejeebhoy Towers, Dalal Street, Mumbai 400 001

Bandra Kurla Complex Bandra (East) Mumbai 400 051 Equity

Security:

Security Code No. Type of Unaudited

Sub: of Financial Results for the quarter and three months ended 30th June, 2019

Dear Sir /

We enclosed herewith of Unaudited Financial Results for the quarter and three months ended 30th June, 2019 which has been approved by the Board of Directors of the Company under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, at their meeting held on Thursday, 8th August, 2019.

The Limited Review Report by the Statutory Auditors of the Company on the aforesaid results is also enclosed for your reference and record.

We request you to kindly take the above on records.

Thanking you,

Yours

Faithfully, For Hind imitjdb J'W' j"" MeenakshiAnchlia

' (Company & Compliance

Officer)

End: A/a

.

Chartered Accountants Ravi A. Shah & Associates

+91 22 2613 5613 ; +91 98190 63558 10, Shriniket Apts, 23, Bajaj Road rasassociates@gmail.com Vile Parle West, Mumbai - 400056

To The Board of Directors of Hind Rectifiers Limited Limited Review Report

responsibility of the Company's Management and has been approved by the Board of Directors Ltd. ('the company') for the quarter ended June 30, 2019 ('statement'). This Statement is the Our responsibility is to issue a report on the Statement based on our review. We have reviewed the accompanying statement of unaudited financial results of Hind Rectifiers

We have not performed an audit and accordingly, we do not express an audit opinion. analytical procedures applied to financial data and thus provide less assurance than an audit. material misstatement. A review is limited primarily to inquiries of company personnel and and perform the review to obtain moderate assurance as to whether the Statement is free from issued by the Institute of Chartered Accountants of India. This standard requires that we plan We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity"

contains any material misstatement other recognized accounting practices and policies, has not disclosed the information required under section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and with the applicable accounting standards i.e. Indian Accounting Standards ('Ind-AS') prescribed Based on our review conducted as above, nothing has come to our attention that causes us to Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure believe that the accompanying Statement of unaudited financial results prepared in accordance

Chartered Accountants for Ravi A. Shah & Associates Firm Reg. No.: 125079W

Ravi A.Shah

Membership No.116667
UDIN: 1911 (GGGJRAAAEX1096 Mumbai, August 8, 2019 Proprietor

HIND RECTIFIERS LIMITED

REGD. & H.O. LAKE ROAD, BHANDUP (W), MUMBAI - 400 078. TEL.: +91 22 2569 6789

STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2019

$\sim$

7.12 $\overline{D}$ KOW	0.82	2.99	3.14
				Earnings per equity share Basic & Diluted	R
				Reserves excluding revaluation reserve	⊭
				each
331.27	331.27	331.27	331.27	Paid-up equity share capital of Rs. Z
				Details of equity share capital	$\overline{5}$
1,184.68	135.06	496.91	521.28	period Total Comprehensive income for	6
(2.30)	(1.02)	(0.46)	(0.58)	(ii)Tax on Above
				employment defined benefit plan
06'2	3.67	1.28	66'1	(i) Actuarial Gains/L.0ss) on post-
				profit and loss in subsequent period Items that will not be reclassified to
				Other comprehensive income/(loss)	$\infty$
1,179.08	132.41	496.09	519.87	Net Profit/ (Loss) after tax	$\overline{u}$
485.83	51.18	163.03	116.50	Deferred tax	$\sigma$
			97.82	Current tax	$\overline{\mathbf{u}}$
				Tax expense	$\sigma$
1,664.91	183.59	659.12	734.19	Profit/(Loss) before tax	$\mathbf{u}$
45.05		(2.54)		Exceptional items	$\overline{4}$
1,619.86	183.59	661.66	734.19	and tax Profit/(Loss) before exceptional items	$\omega$
23,955.98	4,153.92	7,773.31	6,104.89	Total expenses
2,161.90	300.43	835.14	492.51	Other Expenses	00
271.86	67.29	66.50	97.33	Depreciation and amortisation expense	$\overline{\phantom{0}}$
700.24	171.33	186.83	141.15	Finance costs	$\bullet$
2,231.14	519.39	560.84	645.96	Employee benefit expense	$\Omega$
(708.89)	(377.74)	(303.12)	(104.42)	trade goods, work-in-progress and stock-in- Changes in inventories of finished	$\sigma$
				Purchases of stock-in-trade	$\overline{q}$
19,299.73	3,473.22	6,427.12	4,832.36	Cost of materials consumed	$\omega$
				Expenses	$\overline{a}$
25,575.84	4,337.51	8,434.97	6,839.08	Total income
25,514.29	9.37	42.05	4.25	Other income
	4,328.14	8,392.92	6,834.83	Revenue from operations Income	$\frac{a}{b}$
(Audited)	(Unaudited)	(Audited)	(Unaudited)
31.03.2019	30.06.2018	31.03.2019	30.06.2019	Particulars
For the Year ended on		For the Quarter ended on			Sr. No
(Amount in Lakhs)

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O * RAV

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