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PALCO LIMITED.

November 14,2016

To

The General Manager - Operations, Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI - 400 001.

Dear Sir,

Sub.: Outcome of the Board Meeting- to consider Un-Audited Financial Results of the company for the 2nd Quarter Ended 30th September, 2016.

Ref.: Security Code: 513405

Pursuant to the regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the un-audited financial results of the Company along with the Limited review report for the Half Yearly ended 30.09.2016.

This is for your information and records

Thanking You,

Yours faithfully,

F[;ALCO LIMITED,

VIJA Director (DIN No. 00090286)

FI t No: 501 Sri Ramchandra Residency, Kondapur Village, Madhapur Road, Hyderabad - 500 084.

a .,

Tel No: (91 40) 23119545, Fax No. (9140) .23.117041. E-mail: pennaralu@gmail.com www.pakolimited.com CIN-L27203TG 1989PL.C010409

PALCO LIMITED

HYDERABAD Statement of Standalone Un-Audited Results for the Quarter ended 30th September 2016 Rup~es in
HYDERABAD
Statement of Standalone Un-Audited Results for the Quarter ended 30th September 2016
Rup~es in Lakhs
Year Ended
Half Year Ended
Quarter ended
31-3-2016
31}-09-20IS
31}-09-2016
31}-09-201S
31}-06-2016
31}-09-2016
(Audited)
(Un-audited)
Particulars
(Unaudited)
(Un-audited)
SINo
(Un-audited)
(Unaudited)
6
5
4
3
2
1
PART I
-
-
-
-
1 Income from Operations
!lINet Sales
-
-
-
-
-
-
-
-
-
-
-
-
-
b)Other operating Income
Total Income from Operations (Net)
-
-
-
-
-
2 Expenses
-
-
-
-
a) Cost of materials consumed
-
-
-
-
-
-
b) Change in inventories of work in JlTo~ss
-
-
-
-
C)Employee benefit expellses
-
-
-
2306
8.91
41.03
d) Depreciation and amortisation expenses
7.88
3.37
37.66
e) Other expenses ( Any item exceeding
10%
of the total expenses relating to continuing
operations to be shown separatelv-)
Total Expenses
23.06
7.88 41.03 8.91
3.37
37.66
. (23.061
(41.03)
(_8.91)
(7.88)
(3.37)
(37.66
-
-
-
3 Profit!(" Loss) from ordinary activities before finance costs
-
-
-
(23.06)
(8.91)
(41.03
4 Finance costs
(7.88
-(3.37
-(37.66
-
-
-
5 Profit / (Loss) from ordinary activities before Tax
-
-
-
-(23.06)
-{.8.91l
(41.03)
6 Tax Expenses
(7.88)
(3.37
(37.66
7 Net
Profit 1(Loss)_from ordinary activities after Tax
5,872.49
5,872.49
5,872.49
5,872.49
5,872.49
5,872.49
-
(9,334.001
-
-
8 Paid-u]l_E_g_uity_Share Capital
-
-
9 Reserve excluding revaluation reserve as per
balance sheet of previous accounting year
Earnings per share ( Before extraordinary items-)
-
-
-
-
10.i
-
-
-
-
-
-
a) Basic
-
-
b) Diluted
Earnings pe_rshare( After extraordinary items)
-
-
-
-
10.ii
-
-
-
-
-
illBasic
-
-

b) Diluted

SINo

PART II

Particulars

A PARTICULARS OF SHARE HOLDING

1 Public Share Holding _Number of Shares _Percentage of Share Holding

2 Promoter and Promoter Group Holding

a) Pledged / Encumbered _Number of Shares _Percentage of shares ( as a % of the total share holding of promoter and promoter -group) _Percentage of shareS( as a % ofthe total share capital of the company)

b)

Non - encumbered

_Number of Shares

_Percentage of shares ( as a % of the total

share holding of promoter and promoter -group) _Percentage of shares( as a % of the total share capital of the company)

31}-09-2016

(Unaudited)

1

57,462,959

97.85

Nil

Nil

Nil

1263,041

2.15

100

Quarter ended

31}-06-2016

(Un-audited)

2

57,462,959

97.85

Nil

Nil

Nil

1,263041

2.15

100

31}-09-201S

(Un-audited)

3

58,054,329

98.85

Nil

Nil

Nil

676,671

1.15

100

Half Year Ended

31}-09-2016

(Unaudited)

4

57,462,959

97.85

Nil

Nil

Nil

1,263,041

2.15

100

31}-09-20IS

(Un-audited)

5

58,054,329

98.85

Nil

Nil

Nil

676,671

1.15

100

Year Ended

31-3-2016

(Audited)

6

57,462,959

97.85

Nil

Nil

Nil

1,263,041

2.15

100

STANDALONE STATEMENT OF ASSETS AND LIABILITIES As at

SINo

Particulars

A EQUITY AND LIABILITIES

1 Sbarebolder's funds Ii)Sbare Capital

b) Reserves and surplus

Sub- Total- Sbare bolders funds

2 Non -Current Liabilities

a) Long term borrowings

Sub-Total-

Non - Current Liabilities

30-09-2016

587248,800

(937,543,195

(350,294,395)

-

-

As at

31-03-2016 (Audited)

587,248800

(933,440,486

(346,191,686)

-

-

3 Current Liabilities li)Long Term Browinas

b) Trade oavables

c) Other Current Liabilities

Sub- Total- Current Liabilities

TOTAL - EQUITY AND LIABILITIES

B

B

ASSETS

1 Non -Current Assets

2 Current Assets

a) Trade Receivables

bl Cash and cash equivalents

Sub-total- Current Assets

TOTAL - ASSETS

INVESTOR COMPLAINTS Pending at the beginning of the Quarter Received during the quarter Disposed of during the quarter Remaining unresolved at the end of the quarter

5 555,953.00

4,417,671

343 968,622.00

343,968,622

769,820.00

1,573,585

350,294,395

349,959,878

-

3,768,192

-

-

-

3,768,192

-

-

-

3,768,192

-

3,768,192

3 Months Ended Nil Nil Nil Nil

Notes 1. The above audited results reviewed and recommended by the Audit Committee where taken on record by the Board of

Directors at the meeting held on 14th November, 2016 2. The Company has settled the Court Case at Kochin during the Quarter, as per the Financials, the Company has to receive an Amount for Rs.37,68,192/- against which the Company has made a full and final settlement for Rs.8,00,000/-

and the balance amount of Rs.29,68,192/- has been written off. 3. Previous figures have been regrouped and rearranged wherever necessary

Place: Hyderabad Date : 14-11-2016

\'

FoePALCO LIMITED

SURYANARAYANA&SURESH

CHARTERED ACCOUNTANTS

8-2-601/8,

Millenium House, Near Zaheer Nagar Cross Road,

Flat

No.

C2,

Road No.

10,

Banjara

Hills,

Hyderabad

500

034.

Phone

040-23386783

23386784

e-mail:

suryanarayanasuresh@gmail.com

Limited Review Report

To The Board of Directors PALCO LIMITED Hyderabad.

We have reviewed the accompanying statement of unaudited financial results of

PALCO LIMITED for the quarter ended 30th

by the company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (The "Listing Regulations, 2015") which has been initialized by us for identification purposes. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.

September 2016.The statement has been prepared

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

Based on our review conducted as above, nothing has corne to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance

with applicable

with rule 7 of the companies (Accounts) Rules, 2014 and Accounting standard 30, Financial Instruments. Recognition and Measurement issued by the Institute of Chartered Accountants of

India to the extent it does not contradict any other accounting standard referred to in section 133

of the companies Act read with Rule 7 of Companies

accounting practices and policies has not disclosed the information required to be disclosed in

terms of regulation 33 of the Listing Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement.

Accounting standards, prescribed under Sec.133 of Companies Act.2013, read

(Accounts) Rules, 2014 and other recognized

Place: Hyderabad

Date: 14-11-2016

For SURYANARAYANA & SURESH., Chartered Accountants Firm Reg.no.006631S

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