Dec 31, 2016 - ... Website:www.suryapatace.com. Email:
. Unaudited Financial Results for the Nine mo
JINDAL HOTELS LIMITED To,
Date:7th Februarv.2o17
. CRD Bombay Stock Exchange Limited Code No 7918 Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 DCS
Dear Sir, Scrio Code: 507981
44t Statement of unaudited Financial Retults of the company &. Limited Review report for the 3d Quarter ended on 3I't December, 2015 Regulation 33 of SEE| (Listing Obligationt And Ditcloture
Requirementt) Regulations, 2015 & Outcome of Roard Meeting
In
compliance with Regulation 33 of r6e sEBt (Litting obtigationt And Disclosure Requirements) Regulations, 2O15, we are enclosing herewith a copy of statement of Unaudited Financial Results for the 3d Quarter ended 3ln December.2Ot6 considered & approved by the Board Directors their meeting held on Tuesday, 07,h February , 2017 and also Limited Review Report by the Statutory Auditors of the Company. The financial results will be published in news paper as required in above regulatior,.
on in
of
It
is
further informed that the Board
has decided
to:
. To change the R & T Agents of the Company w.e.f.l,r April 2017 o To borrow from financial institutions/ Financial Companies & authorizecu .
.
delegated the authority to the Managing Director and to finalize the same. The operation and management of "Surya Palace Hotel" under the Grand Mercure Brand of ACCOR to commence from 1{ April 2017. Thereafter the name of Hotel will be "6rand Mercure Vadodara Surya Palace".
Thanking You.
For Jindal Hotels Umited
;4 #'oeu Karuna Advani Company Secretary Enclosed: Unaudited Financial Results: 3'd Quarter ended on 3l'r December. 2OlG
Limited Review Report by Statutory Auditorj Regd, Office: Hotel Surya Palace, Sayajigunj, Vadodara 390 020 Phone No. : 0265-2363366,2226000,2226226 Fax No. : 0265-2363388 Website: www.surynpahcc.conr CIN No.: L18119GJ1984PLC006922 e-mait :
[email protected]
JINDAL HOTELS LIMITED Regd. Oftice :Surya Palace Hotel, Sayajigunj, Baroda - 390 o2O CIN I l!!L!119GJ1984PLC006922, T:0265-23663366,F:2363388, Website:www.suryapatace.com
Email:
[email protected] Unaudited Financial Results for the Nine months ended 3.lst Dec 2016 Unaudited Results for the Quarter ended
Unaudited Results for the Nine Months ended on 31st Dec
Audited Resulls for ths Year ended
Increase/decrease in stock lrade and work in progress Consumplron of raw Purchase of traded goods
d e
Employees cosi Depreciation
184 45 69 02
g: Repairs & I\,{aintenance 222 06
Erceplional llems (1-2)
(+)/ Loss C) from
10 '11
(+)/ Loss C) frcm
'12
B
(Equity Share ol Rs 10/15 16
1 2
3
Notes :lThe above results have been revrewed by the Audit Committee and approved by Board of Directors in their meeting held on O7 02 2017 and \mited teview of the same has been c€rried out by the Statutory auditors ofthe Company (er have been regrouped and reaflanged,wherever necessary, JFigures of previous yearlhall year/qua make them comparable lThe Company has only one reportable segmenl ot busrness viz Hoteliedng
For Jindal Hotels Ltd.
Place : Vadodara
Oale
I 07.02.2017
Piyush D. Shah Managjng Oirector
Regd. Oftice :Surya Patacs Hotet, Sayajigunj, Baroda - 390 CIN : 118119cJ1984PLC006922,
O2O
T:0265-23663366,F:2363388, Website:www.suryaparace.com,
Email:
[email protected]
UNAUDITED FINANCIAL RESULTS FOR 3RD OUARTER ENDED 31st DECEMBER 2Oi6 Rs. In Lacs
Sl
No
Particulars
Quarter ended
Nine months €nded on
31
31.12.2016 1
2 3
5
5 7 8
Toal Income from Ooerations Net Profit / (Loss) for the period (b6fore Tax,Exceptrcnat and / or Ext€ordinary items') Net Profit / (Loss) forthe period bofore Tax ( afler Exceptional and / or Extraorrdnary items') Net Profit / (Loss) for the period after Tax ( affer Exc€plional and / or Extraoridnary items') Total Comprehensive lncome for lhe peiod {Comp.istng P.oft / (Loss) for the period (after lax) and Other Comprehenslve Income (afler tax)l Equity Share Capital Reserves (excluding Revaluation Reserve) as shown in theAudited Balanco Sheel ofthe previous year Earning Per Shar6 (of Rs 10/- each) ( for continuing and discontinued oDerations) Basic / Diluted
12
2016
31 12.2015
1124 42
26/3 43
86.62
9r 3f
996 27 90 23
86 62
91.31
90.23
509
827
509
8.27
600
600 0
60c
0
008
o.14
o.75
Notes:1
The above is an extract of the detailed
format of Quarter ended fiana cial resutts filed with the Stock Exchange under Regulatron other Disclosure Requirements) Regulations, 2015.The fullformat ofthe Quarter ended financial results are avarlable on the company's website (www.suryapalace.com) and on stock exchange websites (www.bseindia.com) 33 ofSEBl (tisting and
Place : Vadodara
Date
| 07.02.20'17
Quad€rended
Manaqinq Directoa
U-
12, DHAYBER COLONY, BEHINO BARODA HIGH SCHOOL, NEAR POLOGROUND, BARODA 390 OOl TELE I 0265 - 2423452 E-mail :
[email protected]
VIRENDRA SHAH V. SHAH & ASSOCIATES
B.COM., F.C.A., F.C.S.
CHARTERED ACCOUNTANTS
INDEPENDENT AUDITOR'S REPORT TO THE BOARD OF DIRECTORS OF JINDAL HOTELS LIMITEI)
l. We have audited the accompanying Statement of Financial Results of Jindal Hotels Limited ("the Company") for the Quarter ended December 31"t , 2016 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This Statement, which is the responsibility of the Company 's Management and approved by the Board of Directors, has been prepared on the basis ofthe related financial statement which is in accordance with the Accounting Standards prescribed under section 133 of the Companies Act,2013, as applicable and other accounting principles generally accepted in India. Our responsibility is to express an opinion on the Statement.
We conducted our audit in accordance with the Standard on Auditing issued by the Institute of Chartered Accountants of India. Those Standards required that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the Statement is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amount and the disclosures in the Statement. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the statement, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Company's preparation and fair presentation of the statement in order to design audit procedures that are appropriate in the circumstances, but not for the purpose ofexpressing an opinion on the effectiveness of the Company's internal control. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Management, as well as evaluating the overall presentation of the Statement.
3.
In our opinion and to the best of our information and according to the explanations given to us, the Statement:
i. is presented in accordance with the requirements ofRegulation 33 ofthe SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015; and,
ii. gives
a true and fair view in conformity with the aforesaid Accounting Standards and other accounting principles generally accepted in India, of the net profit and other financial information of the Company for the quarter ended December 31$ , 2016, subject to provision ofdefsrred tax expense.
For V.SHAH &ASSOCIATES Chartered Accountants
(ICAI RegistrationNo.
DATE:07.02.2017 PLACE: BARODA
10981 6W)
V R Shah Proprietor (Membership Number: FCA 34994)
