KM Sugar Mills : Statement of Standalone / Consolidated Financial Results for the quarter and Year Ended #1st Mar 2017

K. M. SUGAR MILLS LIMITED

Regd. Office:11, MotiBhawan, Collectorganj ,Kanpur-208001 (U.P.)

CINNo.:L15421UP1971PLC003492

email:[e-mail],website:www.kmsugar.comPhone: Regd.office: 0512-2310762,Branch office: 0522-4079561

Extract of Statement of Standalone/Consolidated Audited Financial Results for the Quarter and Year ended 31/03/2017 Rs. In Lacs

SI. No.	Particulars	Standalone				Consolidated
		3 months ended	3 months ended	Year ended	Year ended	Year ended	Year ended
31.03.2017	31.03.2016	31.03.2017	31.03.2016	31.03.2017	31.03.2016
1	Total incomefrom operations (net)	11,373	11,756	33,618	35,287	33,997	35,287
2	Net Profit/(Loss) from ordinaryactivities after tax	55	470	3,238	1,169	2,824	1,171
3	Net Profit/(Loss) forthe period aftertax (afterExtraordinary items)	55	470	3,238	1,169	2,824	1,171
4	Equity sharecapital	1,840	1,840	1,840	1,840	1,840	1,840
5	Reserves (excludingRevalution Reserve as showninthe Balance Sheetof previous year)	4268 ason 31.03.17	1028 as on 31.03.16	4268 as on31.03.17	1028 as on 31.03.16	3852 ason 31.03.17	1024 ason31.03.16
6	Earnings Per Share(before extraordinary items) (of Rs.2/- each)
a) Basic	0.06	0.51	3.52	1.27	3.07	1.27
b) Diluted	0.06	0.51	3.52	1.27	3.07	1.27
7	Earnings PerShare (after extraordinary items)(ofRs.2/-each)
a) Basic	0.06	0.51	3.52	1.27	3.07	1.27
b) Diluted	0.06	0.51	3.52	1.27	3.07	1.27

Note:

Theabove isan extract of the detailed format of Annual Finacial Results filed with the Stock Exchanges under Regulation33 of the SEBI (Listing and Other Disclosure Requirements)Regulations,2015.The full format of theStandalone and Consolidated Annual FinancialResults are available on the Stock Exchangeswebsites,www.nseindia.com and www.bseindia.com and theCompany's website,www.kmsugar.com

Place: LucknowDate: 22.05.2017

(I/c

K.M.SUGAR MILLS LIMITED

Regd. Office:11, MotiBhawan, Collectorganj, Kanpur-208 001(U.P.) Corp. Office &Works: P.0.Moti Nagar,Faizabad-224 201 (U.P.) CIN No.:L15421UP1971PLC003492

STATEMENT OF STANDALONE/CONSOLIDATD FINANCIALRESULTS FOR THEQUARTER AND YEARENDED 31STMARCH,2017

PART-IRs.inLacsSI.ParticularsStandaloneStandaloneConsolidated

No.Quarter PrecedingQuarter

ended quarterendedYear

endedYear endedYear endedYear ended ended31.03.201731.12:2·016'31.03.2016 31.03.2017 31.03.201.6 31.03.2017 31.03.2016

AuditedUnaudited UnauditedAuditedAudited AuditedAudited

1. Income fromoperations

2. NetSaies/lncome from Operations (Net of excise duty)

   11,373 6,78011,756 33,618 35,287 33,997 35,287

3. OtherOperatinQIncome-----Totalincome fromoperations(net) 11,373 6,78011,756 33,618 35,28733,99735,287

4. Expenses

5. al Costof material consumed19:528 9,95214,32229,530 20,381 29,53020,381

   blPurchase of stock-in-trade --1,889 1,2281,889 1,228 1,889

   c)Changes in inventoriesof finished goods, work in

   orogress and in stockin trade(10,613)(6,577) (8,528) (6,845)3,773(6,845)3.773

   dl Emplovees benefit expense 4243542771,221 9331,222933

   e)Depreciationand amortisation expenses 347 202 274 943 9301,194 930

   Total expenses	11,253	5,026	10,649	29,943'	33,"213	30,244	33,217
   3 f'rofit/(Loss) from operations beforeother Income, finance	120	1.754	1,107	3,675	2:074	3,753	2.070

   Ifl Other expenses1,567 1,095 2,4153,866 5,307 3,915 5.311

   costs and exceptionalitems(1-2)

   4OtherIncome 301472 183867 607895 613

   Profit/(Loss) from ordinary activities beforefinancecosts

   5 and exceotionalitems(3+4) 421 2,226 1,2904,542 2,681 4,6482,683

   6Finance costs 244146805 707 1,685 842 1,685

6. Profit/(Loss) from ordinary activities afterfinance costsbut

   before exceptional items (5-6) 1772,0804853,835 996 3,806998

7. ExcePlional.ltems---- --

8. Profit/(Loss) from ordinarvactivities beforetax (7+8)1772,080 4853,835 996 3,806998

9. 1ciTax expense·122346 .15597(1731 9821173)

   12 ExtraordinaryItem (net of tax expense)	-	-	-
   13 Net Profil/(loss)for the period (11-12)	55	1,734	470	3,238'	1,169	2.824	1,171
   14 Share of ProfiU(Loss)ofsubsidiary	(412	2

10. Minorityinterest i2'-

11. Paid upequity sharecapital

11 Net ProfiU(Loss) from ordinary activities aftertax (9--1O)551,734 4703,2381,169 2,8241.171

I(Face value oftheshare isRs.2 each) 1,8401,8401,8401,8401,840 1,840 1,84017 ReserveexcludingRevalution Reserve asper balance

sheet 4,268 1,028 3,852 1,024

18 EarningsPer Share (before and afterextraordinary items)·

lof Rs.2/-each) (notannualised)
a) Basic	0.06	1.88	0.51	3.52	1.27	3.07
bl Diluted	0.06	1.88	0.51	3.52	1.27	3.07

1.27

,..., 1.27

,f

.

j r( /

.;1J9 }

, ·r-- ,4

'

SEGMENT WISE REVENUE,RESULTS AND CAPITAL EMPLOYED

Rs.In Lacs

SI. No.	Particulars	Standalone			Stand	alone	Consolidated
		Quarter ended	Preceding quarter ended	Quarter ended	Year ended	Year ended	Yearended	Year ended
		31.03.2017	31.12.2016	31.03.2016	31.03.2017	31.03.2016	31.03.2017	31.0-3.2016
		Audited	Unaudited	Unaudited	Audited	Audited	Audited	Audited
1	Segment Revenue(net of excise duty) Sugar DistilleryPower Total Less:Inter Segment RevenueNet Segment Revenue Segment results Profit/(Loss) before tax and finance costsSugar Distillery PowerOthers Total Less:(i) Financecosts (ii) Other unallocable expenditure netoff Add:(iii) Un-allocableincome Profit/(loss)before tax Capitalemployed (Segment Assets-Segment Liabili ies)Sugar Distillery PowerUnallocated Total	12,523	7,320 478 1,603 9,401 2,621 6,780 1,880 89 257 - 2.226 146 - - 2.080 6.414 352 3.944 4	11.502 1,463 2.382 15,347 3,591 11,756 1,307 (730) 715 - 1,292 805 2 - 485 5.967 (485) 3,382 4	33,771 3,860 4,684 42,315 8,697 33.618 3,193 796 553 - 4,542 707 - - 3.835 5,511 1,936 3,527 4	31,632	33,771 3,860 ---S:os3 42,694 8,697 33,997 193 -=-658 796 - 4,647 -841 - - 3,806 5,511 1,936 ,_6,444 4	31,632
a
b		1,147				6,181		6,181
c		2.976 16,646				3,784 1 41,597		3,784 41,597
5,273		6,310				6,310
11,373		35,287				35,287
2
a		(157)				2,022		2,022
b		162				(233)		(233)
c d		416 - 421				894 - 2,683		894 2 2,685
244		1,685				1.685
-		2				2
-		-				-
177		996				998
3
a		5.511				5,967		5,967
b		1,936				(485)		(485)
c		3,527				3,382		3,382
d		4				4		631
		10,978	10,714	8,868	10,978	8,868	13,895	9,495

3,

Rs. In Lacs

SI. No.	Particulars			Stand	alone	Consol	idated
				As at 31.03.2017	As at 31.03.2016	As at 31.03.2017	As at 31.03.2016
I. 1. 2. 3. S. II. 1. 2.	EQUITY AND LIABILITIES Shareholders' Funds Share Capital Reserves&Surplus Sub-total of shareholder'sfund Minority Interest Non-current liabilities Long term borrowings Deferred tax liabilities (Net) Other Longterm liabilities (d)Longterm provisions Sub-total ofNon current liabilities Current liabilities Short term borrowings Trade payables Othercurrentliabilities Short term provisions Sub-totalof currentliabilities			Audited	Audited	Audited	Audited
				1,840 4,283 6,123 - 2,904 91 22 2,114 5,131 9,565 9,249 7,066 42 25,922	1,840 1,046 2,886 - 3,274 154 22 2,079 5,529 3,644 9,499 5,414 22 18,579	1,840 3,868 5,708 657 4,925 475 22 2.114 7,536 9,565 9.249 7,480 42 26,336	1,840 1.042 2,882 632 3,274 154 22 2,079 5,529 3,644 9,499 5,515 22 18,680
	Total Equityand Liabilities			37,176	26,994	40,237	27,723
	Assets Non-current assets Fixed Assets Tangible Assets(ii) lntangibile assets (iii) CapitalWork-in-Progress Goodwill onconsolidation Noncurrentinvestments Long termloans and advances Other noncurrent assets Sub-totalof Noncurrentassets (b) Tradereceivables -'U CurrentAssets (a) Inventories -'- ? (c) Cash andcashequivalents			9,551 - - - 807 575 18 10,951 22,624 1,654 1,100 808 39 26,225	6,142 2 16 - 296 577 18 7,051 15,516 2,666 849 593 319 19,943	12,502 - - 1 395 599 18 13,515 22,624 1,777 1,466 810 45 26,722	6,323 2 24 1 10 577 18 6,955 15,516 2,666 1,664 598 324 20,768
	(e) Other currentassets Sub-totalofcurrentassets	ifAIZABAD .) I • (! I .
	Totalassets	37,176	26,994	40,237	27,723

(d) Shortterm loans and advancest/

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Notes:

The abovefinancial results for the quarter and year endedon 31.03.2017 were approved and takenon record in theBoard meetingheldon 22.05.2017 afterbeing reviewedand recommended by the Audit Committee.

1. The lenders have approved exit fromCDRand interest recompense has been finalised.Finalapproval from CDR EG isawaited.

2. Hon'ble HighCourt,Lucknow has quashedU P Government notification for waiverof interestondelayed cane payment. Interestliabilityon delayed canepayment hasbeen accounted for the sugarseason 2012-13 to 2016-17 and grouped under rawmaterial.

3. Sugarbeing seasonal industry, the performance of anyquarter may not represent the annualperformance of thecompany .

4. Previous quarter/period figures havebeen regrouped/rearranged, wherever considered necessary, to make them comparable with the currentperiod.

Place:Lucknow Date:22.05.2017

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