General information about company
Scrip code	514454
NSE Symbol
MSEI Symbol
ISIN*	INE410M01018
Name of company	Southern Latex Limited
Class of security	Equity
Date of start of financial year	01-04-2017
Date of end of financial year	31-03-2018
Date of board meeting when results were approved	10-05-2018
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	24-04-2018
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Audited
Segment Reporting	Single segment
Description of single segment	Sale of Product
Start time of board meeting	16:00
End time of board meeting	17:45

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	01-01-2018	01-04-2017
B	Date of end of reporting period	31-03-2018	31-03-2018
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
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.
1	Income
	Revenue from operations	34.04	46.46
	Other income	0	0
	Total income	34.04	46.46
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	2.71	6.31
(e)	Finance costs	0	0
(f)	Depreciation, depletion and amortisation expense	1.21	3.83
(f)	Other Expenses
1	Other Expenses	12.86	17.21
10
	Total other expenses	12.86	17.21
	Total expenses	16.78	27.35

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	01-01-2018	01-04-2017
B	Date of end of reporting period	31-03-2018	31-03-2018
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
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	17.26	19.11
4	Exceptional items	0	0
5	Total profit before tax	17.26	19.11
7	Tax expense
8	Current tax	3.64	3.64
9	Deferred tax	0	0
10	Total tax expenses	3.64	3.64
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	13.62	15.47
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	13.62	15.47
22	Other comprehensive income net of taxes	0	0

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	01-01-2018	01-04-2017
B	Date of end of reporting period	31-03-2018	31-03-2018
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
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	13.62	15.47
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
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	73592000	73592000
	Face value of equity share capital	10	10
27	Details of debt securities
	Paid-up debt capital
	Face value of debt securities
28	Reserves excluding revaluation reserve		0
29	Debenture redemption reserve
30	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.185	0.21
	Diluted earnings (loss) per share from continuing operations	0.185	0.21
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	0.185	0.21
	Diluted earnings (loss) per share from continuing and discontinued operations	0.185	0.21
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. The company operates only in one segment named coir sales. 2. The above results have been reviewed and recommended by the Audit Committee at its meeting held on 10-05-2018 and approved by the Board of Directors at its meeting held on 10.05.2018. 3. The financial figures at the last quarter ended 31st March 2018 are the balancing figures between the audited financial figures in respect of the financial year ended 31.03.2018 and the published year to date figure upto 31st December 2017 which were subject to the Limited Review. 4. Figures have been regrouped wherever necessary to make them comparable.

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2017
Date of end of reporting period		31-03-2018
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	7144039
	Capital work-in-progress
	Investment property
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current
	Loans, non-current	750000
	Other non-current financial assets
	Total non-current financial assets	750000
	Deferred tax assets (net)
	Other non-current assets
	Total non-current assets	7894039
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	0
	Trade receivables, current	163610
	Cash and cash equivalents	186022
	Bank balance other than cash and cash equivalents	293975
	Loans, current	42368483
	Other current financial assets	3154421
	Total current financial assets	46166511
	Current tax assets (net)
	Other current assets
	Total current assets	46166511

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2017
Date of end of reporting period		31-03-2018
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	54060550
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	73592000
	Other equity	-20532691
	Total equity attributable to owners of parent	53059309
	Non controlling interest
	Total equity	53059309
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	704883
	Trade payables, non-current
	Other non-current financial liabilities
	Total non-current financial liabilities	704883
	Provisions, non-current	0
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	704883
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current	34375
	Other current financial liabilities	63490
	Total current financial liabilities	97865
	Other current liabilities
	Provisions, current	198493
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	296358
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1001241
	Total equity and liabilites	54060550
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-01-2018	01-04-2017
Date of end of reporting period		31-03-2018	31-03-2018
Whether accounts are audited or unaudited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets
	Net Segment Asset
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities
	Net Segment Liabilities
	Disclosure of notes on segments