REG - Bajaj Hldgs & Inv - Half-year Report <Origin Href="QuoteRef">BJAT.NS</Origin> - Part 3

Bajaj Holdings And InvestmentAnnouncement

03/11/2016 10:30

- Part 3: For the preceding part double click  ID:nRSC2560Ob 

                                                                  
                                                                                                                                                                                                                                              income                                                                                               
                                                                                                                                                                                                                                              through                                                                                              
                                                                                                                                                                                                                                              dividends,                                                                                            
                                                                                                                                                                                                                                              interest                                                                                             
                                                                                                                                                                                                                                              and gains                                                                                            
                                                                                                                                                                                                                                              on                                                                                                   
                                                                                                                                                                                                                                              investment                                                                                            
                                                                                                                                                                                                                                              s held.                                                                                              
                                                                                                                                                                                                                                              Hence, the                                                                                            
                                                                                                                                                                                                                                              Company's                                                                                            
                                                                                                                                                                                                                                              business                                                                                             
                                                                                                                                                                                                                                              activity                                                                                             
                                                                                                                                                                                                                                              falls                                                                                                
                                                                                                                                                                                                                                              within a                                                                                             
                                                                                                                                                                                                                                              single                                                                                               
                                                                                                                                                                                                                                              business                                                                                             
                                                                                                                                                                                                                                              segment                                                                                              
                                                                                                                                                                                                                                              i.e.                                                                                                 
                                                                                                                                                                                                                                              investment                                                                                            
                                                                                                                                                                                                                                              and                                                                                                  
                                                                                                                                                                                                                                              therefore,                                                                                            
                                                                                                                                                                                                                                              segment                                                                                              
                                                                                                                                                                                                                                              reporting                                                                                            
                                                                                                                                                                                                                                              in terms                                                                                             
                                                                                                                                                                                                                                              of                                                                                                   
                                                                                                                                                                                                                                              Accounting                                                                                            
                                                                                                                                                                                                                                              Standard                                                                                             
                                                                                                                                                                                                                                              17 on                                                                                                
                                                                                                                                                                                                                                              Segment                                                                                              
                                                                                                                                                                                                                                              Reporting                                                                                            
                                                                                                                                                                                                                                              is not                                                                                               
                                                                                                                                                                                                                                              applicable                                                                                            
                                                                                                                                                                                                                                              .                                                                                                    
 4.                                                                                                                                                                                                                                           The                                                                                                  
                                                                                                                                                                                                                                              Company                                                                                              
                                                                                                                                                                                                                                              has opted                                                                                            
                                                                                                                                                                                                                                              to publish                                                                                            
                                                                                                                                                                                                                                              Extracts                                                                                             
                                                                                                                                                                                                                                              of the                                                                                               
                                                                                                                                                                                                                                              Unaudited/                                                                                            
                                                                                                                                                                                                                                              Audited                                                                                              
                                                                                                                                                                                                                                              Consolidat                                                                                            
                                                                                                                                                                                                                                              ed                                                                                                   
                                                                                                                                                                                                                                              Financial                                                                                            
                                                                                                                                                                                                                                              Results,                                                                                             
                                                                                                                                                                                                                                              pursuant                                                                                             
                                                                                                                                                                                                                                              to option                                                                                            
                                                                                                                                                                                                                                              made                                                                                                 
                                                                                                                                                                                                                                              available                                                                                            
                                                                                                                                                                                                                                              as per                                                                                               
                                                                                                                                                                                                                                              Regulation                                                                                            
                                                                                                                                                                                                                                              33 of the                                                                                            
                                                                                                                                                                                                                                              SEBI                                                                                                 
                                                                                                                                                                                                                                              (Listing                                                                                             
                                                                                                                                                                                                                                              Obligation                                                                                            
                                                                                                                                                                                                                                              s and                                                                                                
                                                                                                                                                                                                                                              Disclosure                                                                                            
                                                                                                                                                                                                                                              Requiremen                                                                                            
                                                                                                                                                                                                                                              ts)                                                                                                  
                                                                                                                                                                                                                                              Regulation                                                                                            
                                                                                                                                                                                                                                              s, 2015.                                                                                             
                                                                                                                                                                                                                                              These                                                                                                
                                                                                                                                                                                                                                              standalone                                                                                            
                                                                                                                                                                                                                                              financial                                                                                            
                                                                                                                                                                                                                                              results                                                                                              
                                                                                                                                                                                                                                              are                                                                                                  
                                                                                                                                                                                                                                              available                                                                                            
                                                                                                                                                                                                                                              on the                                                                                               
                                                                                                                                                                                                                                              Company's                                                                                            
                                                                                                                                                                                                                                              website                                                                                              
                                                                                                                                                                                                                                              viz.                                                                                                 
                                                                                                                                                                                                                                              www.bhil.i                                                                                            
                                                                                                                                                                                                                                              n and on                                                                                             
                                                                                                                                                                                                                                              the                                                                                                  
                                                                                                                                                                                                                                              websites                                                                                             
                                                                                                                                                                                                                                              of BSE                                                                                               
                                                                                                                                                                                                                                              (www.bsein                                                                                            
                                                                                                                                                                                                                                              dia.com)                                                                                             
                                                                                                                                                                                                                                              and NSE                                                                                              
                                                                                                                                                                                                                                              (www.nsein                                                                                            
                                                                                                                                                                                                                                              dia.com).                                                                                            
 5.                                                                                                                                                                                                                                           Figures                                                                                              
                                                                                                                                                                                                                                              for                                                                                                  
                                                                                                                                                                                                                                              previous                                                                                             
                                                                                                                                                                                                                                              year /                                                                                               
                                                                                                                                                                                                                                              period                                                                                               
                                                                                                                                                                                                                                              have been                                                                                            
                                                                                                                                                                                                                                              regrouped                                                                                            
                                                                                                                                                                                                                                              wherever                                                                                             
                                                                                                                                                                                                                                              necessary.                                                                                            
 6.                                                                                                                                                                                                                                           ` 1 crore                                                                                            
                                                                                                                                                                                                                                              is equal                                                                                             
                                                                                                                                                                                                                                              to ` 10                                                                                              
                                                                                                                                                                                                                                              million.                                                                                             
 7.                                                                                                                                                                                                                                           The above                                                                                            
                                                                                                                                                                                                                                              results                                                                                              
                                                                                                                                                                                                                                              have been                                                                                            
                                                                                                                                                                                                                                              reviewed                                                                                             
                                                                                                                                                                                                                                              by the                                                                                               
                                                                                                                                                                                                                                              Audit                                                                                                
                                                                                                                                                                                                                                              Committee,                                                                                            
                                                                                                                                                                                                                                              approved                                                                                             
                                                                                                                                                                                                                                              by the                                                                                               
                                                                                                                                                                                                                                              Board of                                                                                             
                                                                                                                                                                                                                                              Directors                                                                                            
                                                                                                                                                                                                                                              in the                                                                                               
                                                                                                                                                                                                                                              meeting                                                                                              
                                                                                                                                                                                                                                              held on 28                                                                                            
                                                                                                                                                                                                                                              October                                                                                              
                                                                                                                                                                                                                                              2016 and                                                                                             
                                                                                                                                                                                                                                              subjected                                                                                            
                                                                                                                                                                                                                                              to a                                                                                                 
                                                                                                                                                                                                                                              limited                                                                                              
                                                                                                                                                                                                                                              review by                                                                                            
                                                                                                                                                                                                                                              the                                                                                                  
                                                                                                                                                                                                                                              statutory                                                                                            
                                                                                                                                                                                                                                              auditors.                                                                                            
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                                                               By order of the Board of DirectorsFor Bajaj Holdings & Investment Limited                
                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 Pune                                                                                                                                                                                                                                                                                                                                                                                          Rahul Bajaj                                                                              
 Date : 28 October 2016                                                                                                                                                                                                                                                                                                                                                                        Chairman                                                                                 
 Bajaj Holdings & Investment LimitedCIN : L35911PN1945PLC004656Registered Office : Mumbai - Pune Road, Akurdi, Pune 411 035Website : www.bhil.in ;    E-mail : investors@bhil.in ;    Telephone : +91 20 27472851 ;    Fax : +91 20 27407380            
 Statement of consolidated unaudited financial results for the quarter and half year ended 30 September 2016                                                                                                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                                                                                                                                                                                                          (` In Crore)    
                                                                                                                                                                                                                                              Particular Quarter ended                                                                              Half year ended  Year ended                 
                                                                                                                                                                                                                                              s                                                                                                                                                
                                                                                                                                                                                                                                                        30.09.2016                                                                                 30.06.2016       30.09.2015    30.09.2016   30.09.2015                                                                 31.03.2016      
                                                                                                                                                                                                                                                        (Unaudited)                                                                                (Unaudited)      (Unaudited)   (Unaudited)  (Unaudited)                                                                (Audited)       
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 1                                                                                                                                                                                                                                            Net Sales 264.49                                                                                     118.07           110.00        382.56       273.35                                                                     469.84          
                                                                                                                                                                                                                                              and Income                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              from                                                                                                                                                                                                                                        
                                                                                                                                                                                                                                              operations                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 2                                                                                                                                                                                                                                            Expenses                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                              (a) Cost  0.35                                                                                       0.24             0.24          0.59         0.55                                                                       0.92            
                                                                                                                                                                                                                                              of                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                              materials                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              consumed                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                              (b)       (0.31)                                                                                     (0.22)           0.13          (0.53)       0.06                                                                       0.19            
                                                                                                                                                                                                                                              Changes in                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              inventorie                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              s of                                                                                                                                                                                                                                        
                                                                                                                                                                                                                                              finished                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                              goods,                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                              work-in                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                              -progress                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              and stock                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              -in-trade                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              (c)       5.06                                                                                       5.01             4.37          10.07        8.28                                                                       16.35           
                                                                                                                                                                                                                                              Employee                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                              benefits                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                              expense                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                              (d)       1.34                                                                                       1.35             1.36          2.69         2.73                                                                       5.48            
                                                                                                                                                                                                                                              Depreciati                                                                                                                                                                                                                                   
                                                                                                                                                                                                                                              on and                                                                                                                                                                                                                                      
  

- More to follow, for following part double click  ID:nRSC2560Od