Triveni Engineering & Industries : Update on the Financial Results for the Qtr. & Fin. Year ended March 31, 2017

-z.P.I.VIIRI.

ENGINEER/NG&INDUSTRIES LTD.

CORPORATE OFFICE

8'" Floor, Express Trade Towers, 15-16, Sector 16A,Noida - 201301, U.P.,India

T:[phone] JF:[phone]

W: www.trivenigroup.com

REF:TEIL:SE:

By E-filing

Date: 26thMay,2017

The Deputy General ManagerDepartment of Corporate Services, BSE Limited 1st Floor,New Trading Ring, Rotunda Building, P.J. Tower, Dalal Street, Fort, MUMBAI - 400 001	The Asst.Vice President, Listing Department National Stock Exchange of IndiaLtd.,Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E),MUMBAI - 400 051
STOCK CODE: 532356	STOCK CODE: TRIVENI
Sub: Update on the Financial Results for the quarter and financial yearendedMarch 31, 2017

Dear Sirs,

We had, vide our letter REF:TEIL:SE: dated 20th May, 2017, submittedtothe stockexchangesstandalone and consolidated financial results for the quarter andfinancial yearended March 31, 2017, which were approved by the Board of Directors of theCompany attheir meeting held on May 20, 2017.

In this connection,we would like to submit that in the Segment Informationi.e."SegmentWise Revenue, Results, Assets and Liabilities"forming part of aforesaid standalone andconsolidated financial results, there has inadvertently been some typographi calerrors in thefigures appearingagainst "Sugar", "OtherUnallocable Expenditure", and the resulting"Sub­totals" of the respective Sub-heads, shown under "Segment Results", for the quarter and yearended31st March, 2017. However, there is no change in other figures including overallprofitability of the Company stated in the reportedresults.

Accordingly, we enclose herewith audited standalone and consolidated financialresults withthe abovechanges in the format of presentation for your information .

You are requested to takethem on record.

Thanking you,Yours faithfully,

For Triveni Engineering &Industries Limited

t; ;ta Bhalla

Group Vice President&

Company SecretaryEncl: As above

Regd.Office :Deoband, District Saharanpur, Uttar Pradesh-247 554

CIN No.L15421UP1932PLC022174

TRIVENI ENGINEERING &INDUSTRIES LTD.

Regd. Office :Deoband,Distt .Saharanpur,Uttar Pardesh 247 554 Corp.Of!lce :15-16, Expre•s Trade Towers,8th Floor,Sector-16A,Nolda, U.P- 201301

CJN :L15421UP1932PLC022174

,!rtlakhs exceter share d•t•

Statement of Standalone Audited FinancialResults for the Quarter and Year Ended March 31,2017

1.Revenue from Operations
(a) Gross Revenue	93175	72176	48575	295557	199309
(b) OtherOperating Revenue	576	192	373	1130	796
93751	72368	48948	296687	200105
2OtherIncome	1016	400	1642	3037	2998
TotalIncome	94767	72768	50590	299724	203103
3Exponsos
(a) Cost of materials consumed	122392	77692	97173	206446	151509
{blPurchases of stock-In-trade	518	442	445	1537	1404
(c) Changesin Inventories of finished goods,work-ln· progress
and stock-in-trade	(72796)	(36342)	(79518)	(23951)	(14191)
(d) Excise duty on sale of goods	4305	3572	2149	14232	8609
{e) Employee benefits expense	5202	4748	4690	18771	15870
{f) Depreciation and amortisation expense	1618	1410	1788	5721	5884
(g) Off-season expenses (Net)	8402	2474	8469
8825	7042	8370	27493	24422
78466	61038	43566	250249	193507
4 Profit/ (Loss) from continuing o,,.ratlonal before Finance coats and
ExceptionalItems	16301	11730	7024	49475	9596
5 FinanceCoals	3258	2282	2888	12656	11497
6 Profit/ {Loss) from continuing operatlnal after Anance costs but before
ExceptionalItems	13043	9448	4136	36819	(1901)
7 Exceptional Items (Net) - Incomer (Expense)	(8547)	173	(8547)	1013
8 Profit/ (Loss) from continuingoperations before tax	4496	9448	4309	28272	(888)
9 Tax Expense
• CurrentTax	2336	2336
Deferred Tax	3566	2565	10	2580
__(1230	2565	10	4916
10ProfltlJ!.c,_s ).from contfnuin o eratlons after tax	5726_	6883	4299	23356
11 OtherComprehensive Income (net of tax)	481	26	7	449
12 Total Com rehenslve Income	5245	6857	4292	22907	873
13PaidupEquity Share capital(F8¢E! Valuo f1/·)	2579	2579	2579	2579	2579
14 Other Equity	75188	52280
15 Eamlng pershareoH 11-each(not annualised):
(a) Basic( in ")	2.22	2.67	1.67	9.06	(0.34)
(b)Diluted ( InfI	2.22	2.67	1.67	9.06	0.34

SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES

rt in lakhs)

Particulars			3 Months Ended			Year Ended
			31/03/2017 Audited	31/1212016 Unaudited	31/03/2016 Audited	31/03/2017 Audited	31/03/2016 Audited
Segment Revenue Sugar Businesses Sugar Engineering Businesses Gears Others (Sales/Income from each segment) Co-GenerationDistillery Water			84303 10279 3828	64638 6647 3808	40000 10045 4187	261079 18261 16796	164052 1 7061 18051
			98410 3825 6621	75093 1969 3875	54232 5121 4667	296136 9216 18123	199164 1 1987 13255
			10446 1621	5844 1516	9788 1303	27339 5618	25242 4454
Total Less :Intersegment revenue			1 10477 16726	82453 10085	65323 16375	329093 32406	228860 28755
Total Incomefrom Operations			93751	72368	48948	296687	200105
Segment Results S ugar Businesses Sugar Engineering Businesses [Profit/(Loss)before taxand interest] Co-GenerationDistillery		1 1340 3601 1760	8404 2607 853	2459 4468 1319	36492 6942 4657	(2819) 7802 4366
		16701 1041 (226)	11864 312 (60)	8246 1590 (977)	48091 1802 (275)	9349 2916 (2213)
Gears Water (c) Others
		815 -	252 25	613 (14)	1527 31	703 16
Total Less :i)Finance costs ExceptionalItems (Net) -(Income)/Expense Other UnallocableExpenditure[Netof Unallocable Income]			17516 3258 8547 1215	12141 2282 - 41 1	8845 2888 (173) 1821	49649 12656 8547 174	10068 1 1497 (1013) 472
Total Profitl(Loss) before Tax			4496	9448	4309	28272	(888)
Segment Assets Sugar Businesses	225999 17940 17027	165142 20014 14100	214766 19601 16033	225999 17940 17027	214766 19601 16033
Sugar Co-Generation Distillery (b) Engineering Businesses
		260966 12292 21590	199256 1 1808 21106	250400 14131 20626	260966 12292 21590	250400 14131 20626
Gears Water (c) Others
		33882 2383	32914 2119	34757 2322	33882 2383	34757 2322
Segments Assets Add.Unallocable Assetsrincludina Investments]			297231 7958	234289 10802	287479 9460	297231 7958	287479 9460
Total Assets			305189	245091	296939	305189	296939
Segment Liabilities Sugar Businesses	r	36133 356 979	4401 1 1267 1283	52465 286 675	36133 356 979	52465 286 675
Sugar Co-Generation Distillery (b) EngineeringBusinesses
		37468 1864 10025	46561 1823 8395	53426 2920 8768	37468 1864 10025	53426 2920 8768
GearsWater (c) Others
		1 1889 1963	10218 1858	1 1688 2091	1 1889 1963	1 1688 2091
Segments Liabilities Add :Unallocable Liabilities			51320 176102	58637 1 13893	67205 174875	51320 176102	67205 174875
TotalLiabilities			227422	172530	242080	227422	242080

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STANDALONE AUDITED BALANCE SHEETASAT MARCH31,2017

.ASSEIS

1. Non·current assets

2. Property, Plant and Equipment

3. Capitalwork-in-progress(c)Investment property

4. Intangible assets

5. Investments in subsidiariesand associates

6. Financial assets

7. {I) Investments

   {II) Trade receivables

   (ill) Loans

   (iv) Other financial assets

8. Income tax assets (Net)

9. Other non-current assets

10. • z. Currentassets

    {a) Inventories

    {b) Financial assets

    (J) Trade receivables

    (HJCash and cashequivalents

    {Iii) Sank balance other than (11) above

    {Iv) Loan5

    (v ) Other financialassets

    (c) Other current assets

    84,580 86,042

    211 934

    702 702

    82 153

    4,621 4,621

    488 243

    82 1,182

    7 11

    925 990

    2,919 4,670

    645 17,617

    95,262 117,165

    167,482 141,235

    (d )Assets classified as held for sale

    (a) Equity Share capital (bOther Eqult	2,579 75,188	2,579 52,280
    77,767	54,859
    Ltablllties

11. Non-current llablllties

12. Financial Liabilities

13. Provisions

14. {I) Borrowings

    (JI) Other financial liabilities

27,536

31

3,863

38,379

61

3,357

.

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(c) Deferred tax llabllittes (net)	2,342
d) Other non-current liabilities	251	6,069
34,023	47,866
2. Current liabilities
(a) Financial Llablllties
(I) Borrowings	124,210	116,195
(II) Trade payables	25,658	44,701
{l!I) Other financialliablllties	24,746	17,213
(b) Provisions	1,332	964
(c) Income tax liabilities{net)	265
(d) Other currentllabll!tles	17,188	15,141
"" ..	193,399	194,214

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