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	13-11-2017
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	03-11-2017
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Half yearly
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	01:00
End time of board meeting	01:30

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	01-07-2017	01-04-2017
B	Date of end of reporting period	30-09-2017	30-09-2017
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	574	1216.7
	Other income	1.8	3.38
	Total income	575.8	1220.08
2	Expenses
(a)	Cost of materials consumed	251.629	715.294
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	65.35	-32.6
(d)	Employee benefit expense	48.99	101.495
(e)	Finance costs	65.84	130.92
(f)	Depreciation, depletion and amortisation expense	41.185	77.335
(f)	Other Expenses
1	Total other expenses	80.752	187.95
10
	Total other expenses	80.752	187.95
	Total expenses	553.746	1180.394

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	01-07-2017	01-04-2017
B	Date of end of reporting period	30-09-2017	30-09-2017
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	22.054	39.686
4	Exceptional items	0	0
5	Total profit before tax	22.054	39.686
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	22.054	39.686
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	22.054	39.686
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	01-07-2017	01-04-2017
B	Date of end of reporting period	30-09-2017	30-09-2017
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	22.054	39.686
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	0.091	0.164
	Diluted earnings (loss) per share from continuing operations	0.091	0.236
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	0.091	0.164
	Diluted earnings (loss) per share from continuing and discontinued operations	0.091	0.236
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)

Notes: 1. This statement has been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 13, 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 includes results for the previous year ended March 31, 2017 which are not IND-AS compliant, 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 and half year ended September 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 and half year ended September, 2016 is as under: Description quarter ended 30.09.2016 half year ended 30.09.2016 A) Net profit as per previous GAAP (Indian GAAP) 10.61 24.95 1. Investment in equity shares at fair value through P&L A/c (96.22) (96.22) 2. Tax impact of above adjustment 19.24 19.24 Net profit as per IND-AS (66.37) (52.03) Other Comprehensive Income - - Total Comprehensive Income (66.37) (52.03) 7. Previous quarter results have been regrouped/rearranged wherever considered necessary.

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)	Previous year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2017	01-04-2016
Date of end of reporting period		30-09-2017	31-03-2017
Whether results are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	1630.29	1574.95
	Capital work-in-progress	672.57	518.89
	Investment property	0	0
	Goodwill	0	0
	Other intangible assets	1.18	1.18
	Intangible assets under development	0	0
	Biological assets other than bearer plants	0	0
	Investments accounted for using equity method	0	0
	Non-current financial assets
	Non-current investments	112.4	112.4
	Trade receivables, non-current	0	0
	Loans, non-current	0	128.89
	Other non-current financial assets	0	0
	Total non-current financial assets	112.4	241.29
	Deferred tax assets (net)	0	0
	Other non-current assets	1.4	1.4
	Total non-current assets	2417.84	2337.71
2	Current assets
	Inventories	1246.9	1214.3
	Current financial asset
	Current investments	0	19.9
	Trade receivables, current	909.5	857.17
	Cash and cash equivalents	9.56	9.13
	Bank balance other than cash and cash equivalents	0	0
	Loans, current	1282.56	1221.65
	Other current financial assets	0	0
	Total current financial assets	2201.62	2107.85
	Current tax assets (net)	0	0
	Other current assets	18.397	5.39
	Total current assets	3466.917	3327.54

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)	Previous year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2017	01-04-2016
Date of end of reporting period		30-09-2017	31-03-2017
Whether results are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
3	Non-current assets classified as held for sale	0	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0	0
	Total assets	5884.757	5665.25
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	2418.25	1918.25
	Other equity	389.517	849.87
	Total equity attributable to owners of parent	2807.767	2768.12
	Non controlling interest
	Total equity	2807.767	2768.12
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1107.84	1205.3
	Trade payables, non-current	0	0
	Other non-current financial liabilities	0	0
	Total non-current financial liabilities	1107.84	1205.3
	Provisions, non-current	13.67	13.67
	Deferred tax liabilities (net)	150.07	60.44
	Deferred government grants, Non-current	0	0
	Other non-current liabilities	0	0
	Total non-current liabilities	1271.58	1279.41
	Current liabilities
	Current financial liabilities
	Borrowings, current	1332.24	1119.11
	Trade payables, current	369.49	386.37
	Other current financial liabilities	0	0
	Total current financial liabilities	1701.73	1505.48
	Other current liabilities	16.01	33.27
	Provisions, current	87.67	78.97
	Current tax liabilities (Net)	0	0
	Deferred government grants, Current	0	0
	Total current liabilities	1805.41	1617.72
3	Liabilities directly associated with assets in disposal group classified as held for sale	0	0
4	Regulatory deferral account credit balances and related deferred tax liability	0	0
	Total liabilities	3076.99	2897.13
	Total equity and liabilites	5884.757	5665.25
	Disclosure of notes on assets and liabilities