General information about company
Scrip code	533080
Name of company	Mold-Tek Packaging Limited
Class of security	Equity
Date of start of financial year	01-04-2017
Date of end of financial year	30-06-2017
Date of board meeting when results were approved	28-08-2017
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	18-08-2017
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	First quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited	Unaudited
Segment Reporting	Single segment
Description of single segment	Packaging Containers
Start time of board meeting	11:00
End time of board meeting	13:30

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2017	01-04-2017
B	Date of end of reporting period	30-06-2017	30-06-2017
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Part I
1	Income
	Revenue from operations	10055.81	10055.81
	Other income	34.79	34.79
	Total income	10090.6	10090.6
2	Expenses
(a)	Cost of materials consumed	5482.58	5482.58
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-227.19	-227.19
(d)	Employee benefit expense	869.98	869.98
(e)	Finance costs	103.95	103.95
(f)	Depreciation, depletion and amortisation expense	303.44	303.44
(f)	Other Expenses
1	Excise Duty	1063.76	1063.76
2	Other Expenses	1285.11	1285.11
10
	Total other expenses	2348.87	2348.87
	Total expenses	8881.63	8881.63

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2017	01-04-2017
B	Date of end of reporting period	30-06-2017	30-06-2017
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3	Total profit before exceptional items and tax	1208.97	1208.97
4	Exceptional items	0	0
5	Total profit before tax	1208.97	1208.97
7	Tax expense
8	Current tax	450.97	450.97
9	Deferred tax	47.32	47.32
10	Total tax expenses	498.29	498.29
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	710.68	710.68
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	710.68	710.68

Financial Results – Ind-AS
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2017	01-04-2017
B	Date of end of reporting period	30-06-2017	30-06-2017
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Changes in fair value of investments	-50.81	-50.81
	Total Amount of items that will not be reclassified to profit and loss	-50.81	-50.81
2	Income tax relating to items that will not be reclassified to profit or loss	0
3	Amount of items that will be reclassified to profit and loss
1	Actuarial loss on employee defined benefit plans regrouped to Other Comprehensive Income	-2.93	-2.93
	Total Amount of items that will be reclassified to profit and loss	-2.93	-2.93
4	Income tax relating to items that will be reclassified to profit or loss	0
5	Total Other comprehensive income	-53.74	-53.74

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2017	01-04-2017
B	Date of end of reporting period	30-06-2017	30-06-2017
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23	Total Comprehensive Income for the period	656.94	656.94
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital
	Face value of equity share capital
27	Details of debt securities
	Paid-up debt capital
	Face value of debt securities
28	Reserves excluding revaluation reserve
29	Debenture redemption reserve
30	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.91	2.91
	Diluted earnings (loss) per share from continuing operations	2.91	2.91
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.91	2.91
	Diluted earnings (loss) per share from continuing and discontinued operations	2.91	2.91
31	Debt equity ratio
32	Debt service coverage ratio
33	Interest service coverage ratio
34	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

1. This statement has been prepared in accordance with the Companies (Indian Accouning Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and polocies to the extent applicable. Beginning April 1, 2017, the Company has for the first time adopted Ind AS with a transition date of April 1, 2016. Accordingly the impact of transition has been provided in the opening reserves as at April 1, 2016 and all the periods presented have been restated accoringly. 2. Figures of the previous period have been restated to comply with Ind AS to make them comparable. 3. The reconcilation of profit between Ind As and previous Indain GAAP for the earlier period. Rs In lakhs Nature of adjustments Quarter Ended Year Ended 31-03-2017 31-03-2017 Net profit as per previous indian GAAP 580.88 2427.45 Actuarial loss on employee defined benefit plans regrouped to Other Comprehensive Income 4.48 17.92 Deferred Tax Adjustments on account of WDV Approach** 30.41 -28.07 Profit as per Ind As before OcI 615.77 2417.3 Actuarial loss on employee defined benefit plans regrouped to Other Comprehensive Income (Net of taxes) -2.93 -11.72 Changes in Fair Valuation of Investments*** 188.43 -491.18 Profit as per Ind As 801.27 1914.4 ** The impact of transition adjustments together with Ind As mandate of using balance sheet approach for computation of deferred taxes as against profit and loss approach in the previous GAAP. *** The Company has valued Investments (other than investment in subsidiaries), at fair value. Impact of fair value changes as on the date of transition, is recognised in opening of Other Equity and changes thereafter are recognised in Other Comprehensive Income. 4. Segment reporting as required under As -17 is not applicable as revenue comes from a single segment. 5. The above results have been Reviewed and recommended for adoption by Audit committee, and taken on record by the Board of Directors at their meeting held on 28th August 2017. 6. The commercial operations has started at Mold-Tek FZE in 3rd Quarter of previous financial year, so corresponding period figures are not reported.