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 Lakhs
Year Ended
Half Year Ended

Quarter ended
Particulars

SINo

PART I
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
d) Depreciation and amortisation expenses
e) Other expenses ( Any item exceeding 10%
of the total expenses relating to continuing
operations to be shown separatelv-)
Total Expenses
3 Profit!(" Loss) from ordinary activities before finance costs
4 Finance costs
5 Profit / (Loss) from ordinary activities before Tax
6 Tax Expenses
7 Net Profit 1(Loss)_from ordinary activities after Tax

10.i

Paid-u]l_E_g_uity_
Share Capital
Reserve excluding revaluation reserve as per
balance sheet of previous accounting year
Earnings per share ( Before extraordinary items-)

10.ii

a) Basic
b) Diluted
Earnings pe_rshare( After extraordinary items)

8
9

31}-09-201S

31}-09-20IS

31-3-2016

31}-06-2016

31}-09-2016

31}-09-2016

(Unaudited)
1

(Un-audited)
2

(Un-audited)
3

(Unaudited)
4

(Un-audited)
5

(Audited)
6

7.88

41.03

8.91

37.66
(37.66

3.37
(3.37)

7.88
(7.88)

41.03
(41.03)

8.91
(_8.91)

(7.88

(41.03

(8.91)

(23.06)

(41.03)
5,872.49

-(37.66
-

-(3.37
-

(37.66

(3.37

(7.88)

5,872.49

5,872.49

5,872.49

PART II
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)

-{.8.91l
5,872.49

23.06
. (23.061

-(23.06)
5,872.49
(9,334.001

31}-09-2016

31}-06-2016

31}-09-201S

(Unaudited)
1

(Un-audited)
2

(Un-audited)
3

(Unaudited)
4

57,462,959
97.85

Year Ended

Half Year Ended

31}-09-2016

57,462,959
97.85

Quarter ended

2306

3.37

b) Diluted

Particulars

37.66

illBasic

SINo

58,054,329
98.85

57,462,959
97.85

31}-09-20IS

31-3-2016

(Un-audited)
5

(Audited)
6

58,054,329
98.85

57,462,959
97.85

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

Nil

Nil

Nil

Nil

Nil

Nil

1263,041
2.15

1,263041
2.15

676,671
1.15

1,263,041
2.15

676,671
1.15

1,263,041
2.15

100

100

100

100

100

100

SINo
A
1

STANDALONE STATEMENT OF ASSETS AND LIABILITIES

As at
30-09-2016
Particulars
EQUITY AND LIABILITIES
Sbarebolder's funds
587248,800
Ii)Sbare Capital
(937,543,195
b) Reserves and surplus
(350,294,395)
Sub- Total- Sbare bolders funds
Non -Current Liabilities
a) Long term borrowings
Sub-Total- Non - Current Liabilities

5 555,953.00
343 968,622.00
769,820.00
350,294,395

Sub- Total- Current Liabilities

TOTAL - EQUITY AND LIABILITIES
B
1
2

ASSETS
Non -Current Assets
Current Assets
a) Trade Receivables
bl Cash and cash equivalents
Sub-total- Current Assets
TOTAL - ASSETS

587,248800
(933,440,486
(346,191,686)

Current Liabilities
li)Long Term Browinas
b) Trade oavables
c) Other Current Liabilities

As at
31-03-2016 (Audited)

4,417,671
343,968,622
1,573,585
349,959,878
3,768,192

3,768,192

3,768,192

3,768,192

3 Months Ended
Nil
Nil
Nil
Nil

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

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

8-2-601/8,
Flat No.
C2, Road No. 10,
Millenium House, Near Zaheer Nagar Cross Road,
Banjara
Hills,
Hyderabad
500 034.
Phone
040-23386783
23386784
e-mail:
suryanarayanasuresh@gmail.com

SURYANARAYANA&SURESH

CHARTERED ACCOUNTANTS

Limited Review Report

To
The Board of Directors
PALCO LIMITED
Hyderabad.
We have reviewed the accompanying statement of unaudited financial results of
PALCO LIMITEDfor the quarter ended 30th September 2016.The statement has been prepared
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.
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 Accounting standards, prescribed under Sec.133 of Companies Act.2013, read
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 (Accounts) Rules, 2014 and other recognized
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.

Place: Hyderabad
Date: 14-11-2016

For SURYANARAYANA& SURESH.,

Chartered Accountants
Firm Reg.no.006631S

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agendra Rao

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