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V P L

REF: VPL: SEC: FEB: 2016-17 Date: 13.02.2017

The Listing Department, \ ,ffi e Listing Department,

National Stock Exchange of India Ltd, Bombay Stock Exchange Limited
"Exchange Plaza" 25s Floor,
Bandra- Kurla Complex, P.J Towers
Bandra(East), Dalal Street Fort,
Mumbai-40005'l Mumbai.400001
Scrip Code: VARDMNPOLY Scrip Code:514175

SUBJEGT: OUTCOME OF BOARD MEETING DATED 13.02.2017

Dear Sir/Madam,

Pursuant to Regulation 30 and other applicable Regulations of SEBI(LODR) Regulations,

2015, this is for your information that the Board of Director in its meeting held on
13.02.2017 at registered office of the Company at Vardhman Park, Chandigarh Road,
Ludhiana-141 123 inter -alia approved the following matters:-

1. Un-Audited Financial results of the Company for the quarter/nine months ended 31"t
December, 2016.

Kindly take the same in your records.

Thanking You,

Yours faithfully

For Vardhman Pol XL ;1:ri

Sus Sh 7 tJo$'D!tF
(Company Secretary)

Vardhman Polytex Ltd Corp. Offi(e: Vardhman Park, wwwvpl. in

a. oswal Groli compa.y Chandigarh Road Ludhrana 141 I 2l rnfoG.rvp.rn
c N L17t 22PBt 980PtC004242 Punlab (nd a) Te. -91 161 6629888
 VAROHMAI{ POLYfEX LTD.

Rgd. Offlce : Vardhm.n P.rk, Chrndla8rh Ror4 Ludhlen, - 141 123

cl : 117U2P8198OPrc m4242, PHO[{ES: 0161-25a53O1{4, 55298aa, FAX : 66299t4, E-Mall. tnro@yDt.tn, W.b: www.vpt.tn
Uneudlted Standalono FlnahclalRsuh. for th. Quarter 6hded 31-12-2OtE

Rs, ln t-s
fortha u.rter.nded Year to datc r endcd
Sr. t{o. P.rllcula13 !111212016 lolo9lzotS 3rltzl2Ot3 3!142016 tu12l2o15 lLlO3l2/016
Una naudlt.d ruudhed Unaud
1 lncome from operatlons
(a)Net Sales / income trom operations (Net ofercise duty) 20,509.60 2r,010.09 21,316.33 67,712.a2 61,417.57 86/514.78
(b) other operatinS income 436.36 237.95 323.79 953.45 975.9A 1,293 32

I lncomc ftom 945.96 100,12 64l,56.27 7.55 a7 l0

2 ExFn6at
a) Cost of materials consumed 74,527.O9 13,989.97 13,222.92 4r,467.94 47,713.12 55,188.31
b)Purchas of stock in trade 1,493.11 1,326.13 1,356.20 4,088 20 2,161.31 3,E05 95
clChanBes in inventories ol finished toods,work in progrers and stock 1810.84) 174r.55) 1,086.70 (2,s13.03) (198.11)
752.A4
in trade
d) tmployee benelits expense 1,402.51 1,181.18 r,404.20 4,0O8.41 4,259.74
5r1.70 5,480.56
el 0epreciation and amortisation expense 533.76 583.12 1.550.89 2,158,91 2,A7A.42
flOther expenses 23.31 731.81 930.35 549 24 349.94 15 455.90
Total 021.to 2 65 31 84,913,r0
3 Profit/(Loas) fron opcratlons bdore othr lncoma, flnanca costs and tos.08 1,220.74 6.53 2,e8t.62 2,lJ,J3.24 2,895.m
4 172.35 245.80 490.50 47516 2,036.U 5,0O3.35
5 P.oflV(Lo.5l ftoln ordlnary actlylll.t belorc fih.nc. co.ls .nd erc.pllon.l 917.41 1,456.54 49'.2' t,r39.7A 4059.28 7,89t.35
Itams
6 Flnance Costs Lz,7.q 1,411.12 1,529_O7 1,970_97 4,9@.38 6, 71
, ProftllLo.rlhom Ordlnary acllvltlcr aftci flnahce c6ts but bIore (!oo.45) 3S.42 (1,O31.8s1 (231.13'
{901.10' 901.54
nal li.mr
I Exceptional ltems
9 proit/(Lossl from Ordlnery .ctlvltl.t belorc tar (7)-(81 (3m.461 35.42 (L03r,84) (231.131 (90r.r0) 901,64
10
Current tax
Deferred tar c 249 497
11 ProflVlLo$) from Ordlnary actlvltl.s aft.r t.x l9)-110) (!0o.46) 3S,42 (742.14) (231.13) (,O!.s4) 901.64
12 Erlraordinary income (net oftax expense Rs. Nil)
1t et kont/(Loss) for the perlod 111)-(12) (!oo.46) 35.42 (742.34) (231.13) (4o3.s4)
90r.64
14 Pald up EqultyShare c.pital (Eacevalue of Rs. 10/- each) 2,732.54 2,232_ 2,232_54 2,232_54 2,232 54 2,232.54
Reserves excludint Revaluatlon Rese.ves ag
8,S09.64

16.t Eernln! pc. Sha.e (!clor. Enraordlnary h.nsl

(of R3.10/- eechl (nol anhu.llsed):
(a)Basic 11.3s) 0.15 (3.33) (1.04) (l 81) 4.04
lb)DIluted {1.3s) 0.16 (3.33) (1.04' (1.81)
4.O4
16. E3.nln8 per sharc (After Extraordlnary itlmsl
(of Rr.10/- eachl lnot .nnu.llsed):
(a)Basic (1.3s) 0.16 (3.33) (1.04)
4.04
b Dlluted 1.35 0.15 3.3 I 041 ?o 4_04

F$F

a Page l1
T )!
 1
review ol the sam has bn carrid out by Statutory Auditors ofthe Company.

2 FCCB had fallen due for repaymnt on Feb'13, the same has been settled with the bondholders at discount, payment of which r! to be made tn installments, spread up to F. y. ended 3t

June 2015. As on 3lst December 2015, th FCCB liability is still outstanding. As pertentaive termsthe FCCB liability is now to be paid by 30th June 2017.

y namely FM Hammerte Textiles

ous losses suffered by the subsidia
compahy namely FM Hammerle Tertlles Ltd whlch has eroded 100% of the share capital. ln prevlous year, a reference had been filed with Eoard for lndustriat and Financiat Reco nstruction (8tFR).
With effect from
solvency and Bankruptcy cod,
20tG
Accordingly, afte.the dissolutron ofBlFR, the compahy h workinS on different resolutlon plans for its revival

4
Sra^dard-11-EffectsofChangeinForelsnCurrencyRetes".lnthepreviousyears,thhimpactwasonlytakenason3lstMarchofeachyear.
5
Hence, Segment reportinE is not being provided.

2016 is lower by Rs. l82.77lakh and Rs. 510.08 lakh respectively (Previous quarter-R5. 159.62 lakh).

7 FrSurEs for previous periods have been recarVresrouped wherever ncessary.

For Vardhman polytex ttd.

Ludhlana
Dal! 13-02-2017

(Adtrh Os!y.t)
Erecutlve Diractoa

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9ht{00097 10

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