General information about company
Scrip code	530461
Name of company	Saboo Sodium Chloro Limited
Class of security	Equity
Date of start of financial year	01-04-2017
Date of end of financial year	31-03-2018
Date of board meeting when results were approved	11-09-2017
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	04-09-2017
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	First quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Segment Reporting	Single segment
Description of single segment	Manufacturing of Salt
Start time of board meeting	02:30
End time of board meeting	05:30

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2017	01-04-2017
B	Date of end of reporting period	30-06-2017	30-06-2017
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Part I
1	Income
	Revenue from operations	642.7	642.7
	Other income	1.58	1.58
	Total income	644.28	644.28
2	Expenses
(a)	Cost of materials consumed	463.665	463.665
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-97.95	-97.95
(d)	Employee benefit expense	52.505	52.505
(e)	Finance costs	65.08	65.08
(f)	Depreciation, depletion and amortisation expense	36.15	36.15
(f)	Other Expenses
1	Administrative Exp. And Other Exp.	107.198	107.198
10
	Total other expenses	107.198	107.198
	Total expenses	626.648	626.648

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2017	01-04-2017
B	Date of end of reporting period	30-06-2017	30-06-2017
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3	Total profit before exceptional items and tax	17.632	17.632
4	Exceptional items	0	0
5	Total profit before tax	17.632	17.632
7	Tax expense
8	Current tax	0	0
9	Deferred tax	0	0
10	Total tax expenses	0	0
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	17.632	17.632
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	17.632	17.632
22	Other comprehensive income net of taxes	0	0

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2017	01-04-2017
B	Date of end of reporting period	30-06-2017	30-06-2017
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23	Total Comprehensive Income for the period	17.632	17.632
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital
	Face value of equity share capital
27	Details of debt securities
	Paid-up debt capital
	Face value of debt securities
28	Reserves excluding revaluation reserve
29	Debenture redemption reserve
30	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.073	0.073
	Diluted earnings (loss) per share from continuing operations	0.073	0.073
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.073	0.073
	Diluted earnings (loss) per share from continuing and discontinued operations	0.073	0.073
31	Debt equity ratio
32	Debt service coverage ratio
33	Interest service coverage ratio
34	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

1. This statement has been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on September 11, 2017. 2. The Company has adopted Companies Indian Accounting Standards (IND-AS) from April 1, 2017 with a transition date of April 1, 2016 and accordingly these unaudited financial statements have been prepared in accordance with the recognition and measurement principles laid down in IND-AS 34 Interim Financial Reporting as prescribed under Section 133 of Companies Act, 2013 read with relevant rules there under and other accounting principles generally accepted in India. 3. This statement does not include IND -AS compliant results for the preceding quarter and previous year ended March 31, 2017 as the same are not mandatory as per Clause 2.6.1 of SEBI circular no. CIR/CFD/FAC/62/2016 dated July 05, 2016. 4. The company is primarily engaged in the business of Salt Manufacturing which constitutes a single reportable segment. Accordingly, company is a single reportable segment in accordance with IND-AS 108 'Operating Segment'. 5. The IND-AS compliant corresponding figures for the previous year including reconciliation of Net profit or loss reported for the quarter ended June 30, 2016 have not been subjected to review/audit. However, the company's Management has exercised necessary due diligence to ensure that such financial results provide true and fair view of its affairs. 6. The Adoption of IND-As have necessitated changes in the accounting, recognition and measurement criteria of various items of income and expenditure. The reconciliation of the financial results as reported under various GAAP with those restated as per IND-AS for the quarter ended June 30, 2016is as under: Description For the quarter ended 30.06.2016 A) Net profit as per previous GAAP (Indian GAAP) 14.34 1. Investment in equity shares at fair value through P&L A/c (96.22) 2. Tax impact of above adjustment 19.24 Net profit as per IND-AS (62.64) Other Comprehensive Income - Total Comprehensive Income (62.64) 7. Previous quarter results have been regrouped/rearranged wherever considered necessary.