Limited · Business Standard-New Delhi, February 13,2020,Page 17 RSWM Limited an LNJ Bhilwara Group...

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Limited an LNJ Bhilwara Group Company RS WM/SECTT /2020 February 13, 2020 PROUD TO BE INDIAN PRIVILEGED TD BE GLOBAL BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, National Stock Exchange of India Limited Listing Department, MUMBAI - 400 001. Scrip Code: 500350 Exchange Plaza, C-1, Block - G, Bandra-Kurla Complex, Bandra (East), MUMBAI- 400 051. Scrip Code: RSWM Sub: Submission of Newspapers Cutting of published Unaudited Financial Results for the quarter and nine months ended 31st December, 2019. Dear Sir, In the above reference, please note that the Company has published the Unaudited Financial Results for the quarter and nine months ended 31st December, 2019 pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in the Newspapers on 13th February, 2020. Copies of newspapers cutting in this connection are attached. Kindly take the same on record. Thanking you, Yours faithfully, For RSWM LIMITED SURENDER GUPTA COMPANY SECRETARY FCS -2615 Encl.: As above. (Formerly Rajasthan Spinning & Weaving Mills Limited) Corporate Office : Bhilwara Towers, A-12, Sector-1 Naida - 201 301 (NCR-Delhi). India Tel: +91-120-4390300 (EPABX) Fax: +91-120-4277841 Website: www.rswm.in GSTIN: 09AAACR9700M1Z1 Regd. Office: Kharigram, Post Office Gulabpura - 311 021 Dist!. Bhilwara, (Rajasthan), India Tel: +91-1483-223144 to 223150, 223478 Fax: +91-1483-223361, 223479 Website: www.lnjbhilwara.com GSTIN: 08AAACR9700M1Z3 Corporate Identification Number: L1711SRJ1960PLC008216

Transcript of Limited · Business Standard-New Delhi, February 13,2020,Page 17 RSWM Limited an LNJ Bhilwara Group...

Page 1: Limited · Business Standard-New Delhi, February 13,2020,Page 17 RSWM Limited an LNJ Bhilwara Group Company RSWM limited PROUD TO BE INDIAN PRIVILEGEDTO BE GLOBAL UNAUDITED FINANCIAL

Limited an LNJ Bhilwara Group Company

RS WM/SECTT /2020 February 13, 2020

PROUD TO BE INDIAN PRIVILEGED TD BE GLOBAL

BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street,

National Stock Exchange of India Limited Listing Department,

MUMBAI - 400 001.

Scrip Code: 500350

Exchange Plaza, C-1, Block - G, Bandra-Kurla Complex, Bandra (East), MUMBAI- 400 051.

Scrip Code: RSWM

Sub: Submission of Newspapers Cutting of published Unaudited Financial Results for the quarter and nine months ended 31st December, 2019.

Dear Sir,

In the above reference, please note that the Company has published the Unaudited Financial Results for the quarter and nine months ended 31st December, 2019 pursuant to Regulation 4 7 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in the Newspapers on 13th February, 2020.

Copies of newspapers cutting in this connection are attached.

Kindly take the same on record.

Thanking you,

Yours faithfully, For RSWM LIMITED

SURENDER GUPTA COMPANY SECRETARY FCS -2615

Encl.: As above.

(Formerly Rajasthan Spinning & Weaving Mills Limited)

Corporate Office : Bhilwara Towers, A-12, Sector-1

Naida - 201 301 (NCR-Delhi). India Tel: +91-120-4390300 (EPABX)

Fax: +91-120-4277841 Website: www.rswm.in

GSTIN: 09AAACR9700M1Z1

Regd. Office: Kharigram, Post Office Gulabpura - 311 021 Dist!. Bhilwara, (Rajasthan), India Tel: +91-1483-223144 to 223150, 223478 Fax: +91-1483-223361, 223479 Website: www.lnjbhilwara.com GSTIN: 08AAACR9700M1Z3

Corporate Identification Number: L1711SRJ1960PLC008216

Page 2: Limited · Business Standard-New Delhi, February 13,2020,Page 17 RSWM Limited an LNJ Bhilwara Group Company RSWM limited PROUD TO BE INDIAN PRIVILEGEDTO BE GLOBAL UNAUDITED FINANCIAL

Business Standard-New Delhi, February 13,2020,Page 17

RSWM Limited an LNJ Bhilwara Group Company RSWM limited PROUD TO BE INDIAN

PRIVILEGEDTO BE GLOBAL

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2019 (~in Crore)

STANDALONE CONSOLIDATED

Quarter Nine Months Financial Quarter Nine Months Financial Ended Ended Year Ended Ended Ended Year Ended

Particulars 31st 30th 31st 31st 31st 31st 31st 30th 31st 31st 31st 31st December, September, December, December, December, March, December, September, December, December, December, March,

2019 2019 2018 2019 2018 2019 2019 2019 2018 2019 2018 2019

Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited

Total Income from Operations (Net) 767.58 706.82 698.44 2,180.66 2,163.36 2,991.78 767.58 706.82 698.38 2, 180.66 2,164.32 2,994.12

Net Profit/(Loss) for the period (before Tax, Exceptional 2.55 (7.92) (40.62) (24.91) (28.29) (32.79) 2.55 (7.92) (40.27) (24.91) (26.91) (31.16) and/or Extraordinary items)

Net Profit/(Loss) for the period before Tax 2.55 (7.92) (40.62) 28.23 (28.29) (32.79) 2.55 (7.92) (40.27) (10.56) (26.91) (31.16) (after Exceptional and/or Extraordinary items)

Net Profit/(Loss) for the period after Tax 2.02 (3.39) (28.53) 26.21 (18.08) (24.27) 0.86 0.21 (29.92) (8.26) (7.46) (37.74) (after Exceptional and/or Extraordinary items & Share of profit of Associates)

Total Comprehensive Income for the period 5.30 (30.75) 7.58 (56.06) 28.22 (112.00) 4.14 (27.15) 6.19 (90.54) 38.83 (125.49) (Comprising Profit/(Loss) for the period (after Tax) and Other Comprehensive Income (after Tax)]

Equity Share Capital 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55

Reserves (excluding Revaluation Reserve) as shown in 759.51 827.12 balance sheet of the previous year

Earning Per Share (of ~10/- each) (for continuing and discontinued operations)

Basic (f) 0.86 (1 .44) (12.12) 11.13 (7.68) (10.30) 0.37 0.09 (12.71) (3.51) (3.24) (16.26)

Diluted (f) 0.86 (1 .44) (12.12) 11.13 (7.68) (10.30) 0.37 0.09 (12.71) (3.51) (3.24) (16.26)

Notes: 1. The above financial results have been reviewed by the Audit Committee and subsequently approved and taken on record by the Board of Directors at its meeting held on February 12, 2020. Limited Review for the quarter

ended December 31, 2019 results has been carried out by the Auditors.

2. Pursuant to the requirement of SEBI (LODR) Regulations, 2015 (as amended), the Company has published standalone as well as consolidated quarterly results for the corresponding quarter ended December 31, 2018, as reported herein have been approved by the Company's Board of Directors and not subjected to review by the Statutory Auditors .

3. Exceptional items contain profit on sale of Equity Shares of 1,69,38,599 equity shares (out of 2 ,94,63,559 equity shares) held in its Associate, Bhilwara Energy Limited (BEL) sold during the quarter June, 2019.

4. Effective April 1, 2019, the Company adopted Ind AS 116 "Leases" and has applied the said Ind AS to its leases contracts existing as on April 1, 2019, using the modified retrospective method. The impact of adoption of Ind AS 116 on the profit for the quarter is not material.

5 . LNJ Skills & Rozgar Private Limited was Subsidiary of the Company up to March, 2019 which has now become Associate of the Company from April, 2019.

6. The figures of the previous period/year have been regrouped/recast wherever considered necessary.

7. The above is an extract of the detailed format of financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (LODR) Regulations, 2015. The full format of the financial results is available on the Stock Exchange websites (www.bseindia.com, www.nseindia.com) and on the Company's website (www.rswm.in).

MAYUR STA R S Kl P ASAND

Place : Neida (U.P.) Date : February 12, 2020

CIN : L 17115RJ1960PLC008216

By Order of the Board For RSWM Limited

Sd/­Riju Jhunjhunwala

Managing Director & Chief Executive Officer DIN : 00061060

Registered Office: Kharigram, P.O. Gulabpura, Distt. Bhilwara, Rajasthan - 311021 , Phone: +91-1483-223144 to 223150, Fax: +91-1483-223361, 223479 Corporate Office: Bhilwara Towers, A-12, Sector - 1, Noida - 201 301 (U.P)

Phone: +91-120-4390300 (EPABX), Fax: +91-120-4277841 ; E-mail : [email protected]; Website: www.rswm.in

Page 3: Limited · Business Standard-New Delhi, February 13,2020,Page 17 RSWM Limited an LNJ Bhilwara Group Company RSWM limited PROUD TO BE INDIAN PRIVILEGEDTO BE GLOBAL UNAUDITED FINANCIAL

CIN : L17115RJ1960PLC008216 Registered Office: Kharigram, P.O. Gulabpura, Distt. Bhilwara, Rajasthan - 311021, Phone: +91-1483-223144 to 223150, Fax: +91-1483-223361, 223479

Corporate Office: Bhilwara Towers, A-12, Sector - 1, Noida - 201 301 (U.P) Phone: +91-120-4390300 (EPABX), Fax: +91-120-4277841; E-mail: [email protected]; Website: www.rswm.in

Notes:1. TheabovefinancialresultshavebeenreviewedbytheAuditCommitteeandsubsequentlyapprovedandtakenonrecordbytheBoardofDirectorsatitsmeetingheldonFebruary12,2020.LimitedReviewforthequarter

endedDecember31,2019resultshasbeencarriedoutbytheAuditors.2. PursuanttotherequirementofSEBI(LODR)Regulations,2015(asamended),theCompanyhaspublishedstandaloneaswellasconsolidatedquarterlyresultsforthecorrespondingquarterendedDecember31,2018,as

reportedhereinhavebeenapprovedbytheCompany’sBoardofDirectorsandnotsubjectedtoreviewbytheStatutoryAuditors.3. ExceptionalitemscontainprofitonsaleofEquitySharesof1,69,38,599equityshares(outof2,94,63,559equityshares)heldinitsAssociate,BhilwaraEnergyLimited(BEL)soldduringthequarterJune,2019.4. EffectiveApril1,2019,theCompanyadoptedIndAS116“Leases”andhasappliedthesaidIndAStoitsleasescontractsexistingasonApril1,2019,usingthemodifiedretrospectivemethod.TheimpactofadoptionofInd

AS116ontheprofitforthequarterisnotmaterial.5. LNJSkills&RozgarPrivateLimitedwasSubsidiaryoftheCompanyuptoMarch,2019whichhasnowbecomeAssociateoftheCompanyfromApril,2019.6. Thefiguresofthepreviousperiod/yearhavebeenregrouped/recastwhereverconsiderednecessary.7. TheaboveisanextractofthedetailedformatoffinancialresultsfiledwiththeStockExchangesunderRegulation33oftheSEBI(LODR)Regulations,2015.ThefullformatofthefinancialresultsisavailableontheStock

Exchangewebsites(www.bseindia.com,www.nseindia.com)andontheCompany’swebsite(www.rswm.in).ByOrderoftheBoard

For RSWM LimitedSd/-

Riju JhunjhunwalaPlace : Noida(U.P.) ManagingDirector&ChiefExecutiveOfficerDate : February12,2020 DIN:00061060

(` inCrore)

Particulars

StaNdaLoNe CoNSoLIdated Quarter ended

Nine Monthsended

Financial Year ended

Quarter ended

Nine Monthsended

Financial Year ended

31st December,

2019

30th September,

2019

31st December,

2018

31st December,

2019

31st December,

2018

31st March, 2019

31st December,

2019

30th September,

2019

31st December,

2018

31st December,

2019

31st December,

2018

31st March, 2019

Unaudited Unaudited Unaudited Unaudited Unaudited audited Unaudited Unaudited Unaudited Unaudited Unaudited auditedTotalIncomefromOperations(Net) 767.58 706.82 698.44 2,180.66 2,163.36 2,991.78 767.58 706.82 698.38 2,180.66 2,164.32 2,994.12

NetProfit/(Loss)fortheperiod(beforeTax,Exceptionaland/orExtraordinaryitems)

2.55 (7.92) (40.62) (24.91) (28.29) (32.79) 2.55 (7.92) (40.27) (24.91) (26.91) (31.16)

NetProfit/(Loss)fortheperiodbeforeTax (afterExceptionaland/orExtraordinaryitems)

2.55 (7.92) (40.62) 28.23 (28.29) (32.79) 2.55 (7.92) (40.27) (10.56) (26.91) (31.16)

NetProfit/(Loss)fortheperiodafterTax (afterExceptionaland/orExtraordinaryitems&ShareofprofitofAssociates)

2.02 (3.39) (28.53) 26.21 (18.08) (24.27) 0.86 0.21 (29.92) (8.26) (7.46) (37.74)

TotalComprehensiveIncomefortheperiod [ComprisingProfit/(Loss)fortheperiod(afterTax)andOtherComprehensiveIncome(afterTax)]

5.30 (30.75) 7.58 (56.06) 28.22 (112.00) 4.14 (27.15) 6.19 (90.54) 38.83 (125.49)

EquityShareCapital 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55

Reserves (excluding Revaluation Reserve) as shown in balancesheetofthepreviousyear

759.51 827.12

EarningPerShare(of`10/-each)(forcontinuinganddiscontinued operations)

Basic (`) 0.86 (1.44) (12.12) 11.13 (7.68) (10.30) 0.37 0.09 (12.71) (3.51) (3.24) (16.26)

Diluted (`) 0.86 (1.44) (12.12) 11.13 (7.68) (10.30) 0.37 0.09 (12.71) (3.51) (3.24) (16.26)

UnaUDiteD FinanCial ReSUltS FOR the QUaRteR anD nine MOnthS enDeD 31St DeCeMbeR, 2019

RSWM Limited

Name Place Date

Business Remedies Jaipur 13-02-2020