Huhtamaki PPL Ltd.

(Formerly The.

Pcper Prodr.rcts Ltd.)

Centraf Headquarters : L. B. S. Marg, Majiwade, Thane - 400 601. Maharashtra, India. Tel No.: +91 (22)2173 5591 / 5551, Fax Ncl: +91 (22\2173 5599 / 5650
Reg & Corp. Off.: 124-06, B-Wing, 13th Floor, Parinee Crescenzo, C-38/39, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai -40005j, Maharashtra, India
Tel No: +91 (22)6174 0400 Fax No: +91 (22)61740401 12653 1310, CIN No: 121011MH1950FLC145537, Website: www.pplpack.com

L6th February,2O16

The Department of Corporate Services

BSE Limited
P J Towers, Dalal Street,
MUMBAT-400 001
Fax No. : (022l' 227 2 3121/ 37 79 /2037
corp,relations@ bseindia.com
Ref: Security Code No.: 509820

Listing Department,
National Stock Exchange of India [,imited
Exchange Plaza, Plot no. C/1, G Block
Bandra-Kurla Complex, Bandra (E)
Mumbai- 400 051
Fax. No. (022126598237 / 8
cmlist@nseindia.com
Ref: PAPERPROD

Sub: Standalone and Consolidated Audited Financial Results of the Company for the
Financial year ended 3l't December, 2015
Dear Sir/Madam,

to

Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement)

Regulations, 20L5, please note that the Board of Directors of the Company at its meeting
held on Tuesday, 16th February,201.6, inter-alia, considered and approved the Standalone
and Consolidated Audited Financial Results of the Company for the Financial year ended
3Lst Decernber, 201-5. Copy of the same along with Audit Report and Form A (an aurJit report
with unmodified opinion) as required under Regulation 33 (3Xd) of SEB| Listing Regulations,
2015 is annexed herewith.
Pursuant

The aforesaid board meeting commenced at 6.30 p.m. and concluded

Kindly take the same on your records.
Thanking you,
Yours faithfully,

For Huhtamaki PPL Ltd.,

Company Secretary & Head

Encl: a/a

6erlp)

Fex,

at

10.00 p.m.

t{u*rtamaki:PPL
{.,**r

Th+ Fapar

FroducB LldJ

Huhtamaki PPL Ltd (Formedy known as " The Paper Products ttd")
Regd

ffice:

12A-06 B-Wing, 13th Floor, Parinee Crescenzo, C-38/39, G-Blok. Bandra Kurla Complex. Bandra (E), Mumbai..5l
Centr"l Headquarters: L. B. Shastri Marg, Majiwade, Thane - 400 601
CIN - 121011MH1950F1C145537. Phone No.: (02D 2653 1320. Fax No.: (022) 2653 1310

AUDITED STAI{DAIOI{E FINANCIAL RESULTS FOR THE YEAR ENDED 3T DECEMBER 2015
(Rs. in lacs)

sTAlrtDAtot{E

Quarter
Quartet
ended Quarterended ended
3r.12,2015 30.09.201s 31,12.2014

Sr,!lo ta?tculars

(Audited) (Refer

note D

(Unaudited)

(Audited)
(Refer note F)

Yearended
31.12.2015
(Audited)

Yearendea
31.12.201r
(Audited

'ART
lncome from Operations
a) Net Sales i Income from Operations (Net of Excise Duty)
b) Other Operating Incotre

fotal fncome from Operations (net)

114,059 tL7,42t
1,038
L,oy
t'.5,o97
tl3,52i

28,854

27,639

28,4L4

234

279

299

29,088

27,918

28,713

18,954

20,376
(387)

20,064
729

80,094
(104)

82,871

802

2,709

2,486

2,I77

9,755

8,40(

:xpenss

a)

Cost of Materials Consumed

b) Changes in Inventories of Finished Goods and Work-in-Process

c)
d)
e)

Employee Benefit Expenses

f)

Foreign Exchange Lo:;s /(Gain)

Depreciation and Amoftisation Expenses

Other Expenses

Iotal Expenses

trofit from operations bfore other income, finance cost and ExFaordinary Item
3

l)

)ther Income (Refer note D)

Profit from ordinary activities before finance costs & Extraordinary Item (3+4)

:inance Costs

trofit ftom ordinary activities after Finance Costs but bfore bx and Exb-aordinary
ttem (s-5)

fax expenses

899

3,935

3,321

13,281

27

zo

(37)

43

(27

27,O25

26,747

27,153

ro7,oll4

106,89:

2,063

L,L7L

1,560

8,093

6,621

zJo

458

352

L,273

90:

2,299

1,629

L,912

7,531

688

680

9"365
2,5t8

1,611

949

1,894

5,848

7,50!
1,39r

18

/ao

150

285

1,988

(e0)

(s1)

L78

(s1)

:xtraordinary Income (Net of tax expenses) ( Refer note

1t

{et Profit for the period (g+fo)

t2

)aid Up Share Capital - Equity Face Value Rs.2 each

leserves excluding Revahation Reserve as per balance sheet of previous accounting year
:arnings per share (not annualised)

14

986

3,260

)rovision for - Current Taxes (Refer note E)

10

fl

985

? qE4

12,60:

(l-

- Deferred Taxes
- MAT Credit Entitlement
Profit from ordinary activities after Tax but before Exfaordinary Item (7-8)

(s28

2t

35,

(7s)

955

8s0

1,505

C)

(7s

49r1

5,83!

4,9L1

6A6t

238

955
1

A\A

850
r,454

lr7/A
1

4\4

a) Basic & Dlluted

EPS

(Including Extraordinary ltem)

r.3l

t.t7

2,&

b) Basic & Dlluted

EPS

(Excluding Extraordinary Item )

1.31

l.t7

2.O7

62',

L,454

4\t

s6,956

54,61;

6,75
5,75

9.7
a,7l

lIo[es:
\. The company's business segment is primarily consumer packaging and all other activities of the company are incidenbl to this businesg segment,
l. The above results were reviewed by the audit committee and approved by he Board at iBs meeting held on 16th February 2016
l. Extra-Ordinary Item in the previous year, represents Insurance claim for fire at Silvassa Plant during the year 2013.

).otherIncomeforthecurrentyearandquaferended30September2015inc|udesanamountofRs.122|acs,binginterestsanctioned
n earlier years

:. Provision for tax for the current year is net of write back of excess provision for earlier periods of Rs. 160 lacs, written back in Q3-2015.
:.Thefiguresforthequarterended31December2015and31December2014aretheba|ancingfgUresbetweenaUditedfiguresinrespectofthefu||fnancia|yearandthe
rublished year to date figures upto the third quafter.

3' On 14 September 2015, the Board of Directors approved the amalgamation of Positive Packaging Industries Ltd ( a 100o/o subsidiary of the Company) and Webtech Labels Priuate
-imited (a 51% subsidiary of the Company) with the Company, appointed date being 30th Januar 2015 and 3lst March 2015 respctively. Pending the approval of High Court, no efect
:f the proposed amalgamations has been recognised in the financial results for the year ended 31 December 2015.

l.IncreaseinfnancecostfromRs.22lacsinyear2014toRs.2.518|acsinyear2015isduetononconvertib|edebentUresofRs.38.500|acsissu
)ackaging Industries Ltd as reported earlier.

:.TheBoardofDirectorshaveproposedadividendofRs.2.80persharesubjecttoapprova|fromtheshareho|dersattieforthcomingAGM,thesamewi||bepaid/dist
u

016

L Figures for the previousi priods have been regrouped/reclassifled wherever necessary.

_FPT
{ra*r Tht fsp* f rqdusf* ttd+
Huhtamaki PPt Ltd (Formerly known as ,'The paper products ttd,')
Regd Office: 12A-06 B-Wing, 13th Floor, Parinee Crescenzo, C-38/39. G-Block, Bandra Kurla Complex, Bandn (e, Mumbai-51
Central Headquarters: L. B. Shastri Marg, Majiwade, Thane - 400 801
CIN - 121011MH1950F1C145537, phone No.: (022) 2653 1320, Fax No.: (022) 2653 1310
AUDITED STANDALONE FII{ANCIAL RESUTTS FOR THE YEAR EI{DED 3T DECEIIBER 2015

(Rs. in lacs)
STANDALONE

K. Statement of assets arNd

EQUITY AND LIABILITIES

Shareholders' Funds
a) Share Capital
b) Reserves and Surplus

liabilities,

Sub-tobl - Shareholderc' funds

7

(Audi teo

LAs4

1/ t54

57,232

54,r |93

58,686

56,3 47

39,980
237
3.540
74

Sub-total - Non-current Liabilities

30
51

96

43,831

2rl 77

15,302

15,( i11
?l .95

Cur?ent Uabilities
a) Trade Payables
b) Other Current Liabilities
c) Short Term Provisions

7,751
3,790

Sub-total - Current Liabillties

TOTAL- EQUITY A]ID I]IABILITIES
b

ASSETS

Non - Cu|tent Assets

a) Fixed Assets
b) Non Current Investments
c) Long Term Loans and Advances
d) Other Non Current Assets
Sub-tofal - Non Current Assets

A 5a'

3t.12.2 Dlr

(Audited

Non-Current LiabiliUes
a) Long- Term Borrowings
b) Defened Tax Liabilities (net)
c) Other Long Term Liabilities
d) Long - Term Provisions

Asa
31,12.2011

26iA!

?I i32
221338

128,760

80,8 62

18,960
54,805
1,566

20,[ 168

75,333

26,7 65

2:0,663

18,( 34
qA 09

?f t79
1( 93
25

Curfent Assets
a) Current Investmenb
b) Inventories
c) Trade Receivables
d) Cash and Bank Balances
e) Shod Term Loans and Advances
D Other Current Assets

8,338
21,748
1,103
660
915

Sub-total - Current Assets

s3.427

TOTAT - ASSETS

l?a,760

Yumbai, 16 February 2015

y'isit us at our website: www.pplpack.com

SI GNED

FAR IIENTIFI CATION

& CO LLF

2t,t J'
r,t 58
l,: 11
1E 30
54,01

,7

80,8 52

SRBC&COLLP
Chartered Accountants

14th Floor, The Ruby

29 Senapati Bapat Marg
Dadar (West)
lVumbai-400 028, lndia

Tel : -F91 22 6192 OOOO

Fax : -r91 22 61,92 IOOO

Auditor's Report On Quarterly Financial Results and Year to Date Results of the Gompany
Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Reguf ations,2OL5
To

Board of Directors of
Huhtamaki PPL Limited

1.

We have audited the quarterly standalone financial results of Huhtamaki PPL Linnited ('the
Company') for the quarter ended December 31, 2015 and the standalone financial results for
the year ended December 31,2015, attached herewith, being submitted by the Company
pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Reguirements) Regulations,2015. The quarterly standalone financial results are tlhe derived
figures between the audited figures in respect of the year ended December 31, 20:15 and the
published year-to-date figures up to September 30, 2075, being the date of the rend of the

third quarter of the current financial year, which were subject to limited review. The
standalone financial results for the quarter ended December 31,2015 have been prepared
on the basis of the standalone financial results for the nine-month period ended Sieptember
30, 2015, the audited annual standalone financial statements as at and for the vear ended
Decernber 31,2015, and the relevant reguirements of Regulation 33 of the SE13l (Listing
Obf igations and Disclosure Requirements) Regulations, 2Ot5 and are the responsibility of

the Company's management and have been approved by the Board of Directors of the
Company. Our responsibility is to express an opinion on these standalone financial results
based on our review of the standalone financial results for the nine-month period ended
September 30, 2Ot5 which was prepared in accordance with the recogrrition and
measurement principles laid down in Accounting Standard (AS) 25 "lnterim Financial
Reporting", specified under the Section 133 of the Companies Act 2013 and other
accounting principles generally accepted in India; our audit of the annual standalone financial
statements as at and for the year ended December 31, 2015; and the relevant requirements
of Regulation 33 of the SEBI (Listing Obligations and Disclosure Reguirements) Rergulations,
2015.

2.

We conducted our audit in accordance with the auditing standards generally accepted in
India. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial results are free of material misstatement(s)1. An audit
includes examining, on a test basis, evidence supporting the amounts disclosed as financial

results. An audit also includes assessing the accounting principles used and significant
estimartes made by management. We believe that our audit provides a reasonable basis for
our opinion.
3.

In our opinion and to the best of our information and according to the explanations given to

us these quarterly standalone financial results as well as the year to date results:

i.
ii.

are presented in accordance with the requirements of Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015; and
give a true and fair view of the net profit and other financial information for the
quarter ended December 31, 2015 and for the year ended December 31, 2015.

SRBC

& CO

LLP

Chartered Accountants

4.

Further, read with paragraph 1 above, we report that the figures for the guarter ended
December 31,2015 represent the derived figures between the audited figures in respect
of
the financial year ended December 31,2015 and the published year-to-date figures up to
September 30, 2015, being the date of the end of the third quarter of the current financial
year, which were subjected to a limited review as stated in paragraph 1 above, as reguired
under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2OI5

FoTSRBC&CO.LLP
Chartered Accountants

rgistration number: 324982E

per

Partner
Membership No.: 36738

Place - Mumbai
Date - February 16,2016

Huhtamaki
PPL Ltd.
,
products
[td.)

(Formerly The Poper

centraf Headquarters:L.B.s.Marg,Majiwade,Thane-400601.Maharashtra,

lndia.Tel No.: +91 (22)21735591 /5551,FaxNo: +g1 (22)217355gg/5650

Reg & Gorp. Off.: 'l24-06, B-Wing, 13th Floor, Parinee Crescenzo, C-38/39, G-Block, Bandra Kurla Complex, Bandra (E),
Mumbai -400051 , Maharashtra, India.
Tel No: +91 (22)6174 0400 Fax No: +91 (22)61240401 12653,1310, CtN No: L2.l01.lMH.tSSOftCt+SSS7, Website: wwwpptpack.com

FORM A
1.

2.
3.

4.
5.

Name of the company

Standalone Annual financial
statements for the vear ended
Type of Audit observation
Frequency of observation
To be signed by
. Managing Director
. CFO
o Auditor of the Company
. Audit Committee Chairman

Huhtamaki PPL Ltd.

31"'December. 2015
Un-modified
Not Applicable

For Huhtamaki PPL Ltd.

,/"rw^&A.Venkatrangan
Managing Director
For Huhtamaki

S. K.

PPL

Vyavahare
Chief Financial Officer
Ltd.

Pa

Chairman
Audit Committee
(during the period under review)

FoTSRBC &CO

LLP

Chartered Accountants
(Statutory Auditors)

;t.lrr

ai ar

Regd

Huhbmaki PpL Ltd (Formerly known as " The paper products Ltd.)
ofrce: 12A-06 Fwing, 13th Fl@r, parinee crsenzo, c-38/39, G-Block, Band6 Kurla cmds,

Bandra (E), MumbaFst

CenBal Headquarters: L, B. Shastri Marg, Majiwade, Thane - 400 601
phone No,t (022) 2653 1320, Fax No,: (022) 2653 1310
CIN - 121011MH1950F1C145537,
AUDITED CONST'LIDATED FII{A1{CIAL RESULTS FOR THE YEAR ENDED 31 DECEI.IBER 2OI5

Quartel

ended

Quarter

ended

euaftr

ended

(Audited) (Refer note

(AudiH) (Refer note

u/

G)

year

ended

year ealded

from Operatims
a) Net Sales / Income frm OpeEtions (Net of Excise Duty)
b) Other Operating Incme

fncome ftom Operations (net)

a) Cost of Materials Consumed
b) Changes in Inventories of Finished Goods and Work-in-proces
c) Employee Benefrt ExDenses

Foreign Exchange Loss

51,465

30,710

200,975

738

754

3M

2,763

1,100

s2,799

s2,2t9

31,O14

2O3,738

122,t34

36,s92

35,475

2L,275
773

138,584
(1,928)

87,707

5,030

338
4,586

2,393

17,704

9t225

2,325

2,367

r,120

9,053

6,973

6,534

25,770

83

260

3,767
(36)

44,613

49,S60

29,232

149,562

1r4996

4,186

2,659

rla2

t4,'-t6

7F3A

3M

507

339

| 4)a

906

4A9O

3,166

2,L2L

15,6OO

8,444

(2,390)

d) Deprtriation and Amorti$ation ExDenss

e) Other Expenses

f)

52,061

/ (cain)

Expenss

from opEEdons bfore other income, finance c6ts and ExEaordinary Item

cos
fron

ordinary activities before bx and ExEaordinary Item (5-6)

expenses
for - Curent taxes (Refer note F )
- Defened

993

r,062

89

4,038

310

2tto4

2,O32

11,552

8,134

?OO

ro)

336

3,674

1 qqo

48

307

t97

15

- MAT credit enb'ddnent

Interest

Prcfit after tax6 & minority

inteEt (U-12)

- Equity Face Value Rs,Z ach

scluding RevaluatiDn R6erue as per balance sheet of previous accounb'ng

Up Share Capibl

per share (not annualised)

a) Basic & Diluted EPS (Including Extraordinary ltem)
b) Basic & Diluted EPS (Excluding Extraordinary Itm )

r+,232
(20)

379

3,497

bxs

fiom ordinary activids after Tax but before Extrdordinary Item (7-B)
Income (Net of bx ilpenses) ( Refer note D)
Profit for the period (9+10)

(s34)

(l-

Income (Refer note E)

from oldinary actiyiitis before finance cosb and ExFaordinary Items (3+4)

12L,434

450

(7s)

7,A73

(s8)
6,A23

1,812

7at3

6185O

r,59r

L,tr9

t,69t

4\4

r,454

2,O50

L.6t2

1,574

2,O50

1,632

(6)
2,056
1 4\4

238

627

35
1

180

ysr
2.tEl
2.tEl

L20

2,45

2.2lJ

Lt2

190

6,66O

r,45+

rA54

60,138

55,018

10.58
1o.58

10.tt4
9,09

The cmpany's business sgment is primarily

cqsumr packaging and all o$rer activities of $e cmFEny are incidenbl ll0 u]is businss segment.
Theconso|idatedfnancia|resUhsinc|udergUltsofPositjveFdckagingIndUstriesLtdfortheperiod31JanUar2015to315tDtember2015,hencef

lent with previous year/periods.

The conslidated financial results are prepared in accordance with the applicable Accounting sbndards
Exba-Ordinary Itm in the previous year, repreFnts Insurance claim for fire at Silvass plant during Ule year 2013.

otherIncmefthecUrrentyearandquarterended3oseptefnber2015inc|udesanamoUntofRs,122|acs,belnginterest5anondb
, Prdvision for lax for dle current year is net of write back of excss provision for srlier years of Rs. 160 lacs, written back in
Q3-15.

The'iguresfortheqUarterended31Decernber2015and31Decembr2014aretheba|ancingfgUresbetweenaudiHfgUresinrespttofthefU|lfinana|yrandb
figurs upto the third quater.

le

0n14septgnber2015,theBoardofDirecbrsappIovedtheama|gamationofPo5itivePackagingIndUsbiesLtd(a100o/osUbsidiarofthecomFny)andWebtthLabelsPrteU
]sidiarofthecqnpany)withthecmpany,appointeddatebeing30thJanUar2015and315tMarch2015respectiveLy.Pendingtheapprova|ofHighcourt.noe
s

been recognised in the financial resulb for

tie

year ended 31

Dffiber

2015.

[ncreaseinfnancecostfromRs.310|acsinyear2014toRs,4,038|ac5inyear2015isduetononconvertj
dustris Ltd as reported eadier and due to debt on the bmks of positive packaging hdustries Ltd.
J The above rsults were reviewed by the audit committee and approvd by he Bcrd at its
reeting heH on 16 February 2016

TheBmrdofDirectorshaveproDosedadividendofRs.2.80persharesUbjecttoapprova|fromthesharehddersattheforthcmingAGM,the9mewi||bepaid/dispatchby16fMay2016
Figurs for the previous periods have been regrouped / rdasified wherever ntresry,
The Sbndalone results summary is below and debils are available for the investors at the website ww,pplpack.cm

Quarterended Quarterfldsd

31,12,2015

Income ftorn OmEtions

Before Tax & Extraordinary Items

Tax

30,09,2015

ended
31.12,2014

Quarter

qded
31,12,2015

Year

yaar

flded

3r.12,2014

29,08B

27,9t8

28,713

11s,097

LL31522

1,611

949

1,894

6,848

7,509

Huhtanaki ppl Ltd (Formerly known as'. The paper products Ltd")
Flmr, parine Crgcenzo, C-38/39, G-Block, BandE Kuda Comptq, BandE (E), MumbaFsl
Cfltral HeadquarGrs: L, B. Shasti Marg, Maji$rade, Thane - 400 601

Regd Office: 12A-06 B.Wing, 13th

CIN - 121011MH1950F1C145537,

phone No,t (OZ2) 2653 1320, Fax No.: (022) 2653 1310

AUDITED CONSOUDATED FIIIAI{CIAL RESULTS FOR THE YEAR EI{DED 31 DECEMBER, 2OI5

asets and liabilitis.

As at
31.122015
(Audited)

A]ID LIABILITIES

As

at

31,12.2014

(AudiH)

Funds
Share Capital
Reserues and Surplus

- SharholdeE'ltnds

Interest

t,454

L,454

60,4L4

55,294

61,86a

s6.78

2pa3

2'2O3

43,521

3,547

423

549

Liabilities
Long- Term Borrowings

Deferred Tax Liabilities (net)

Other Lonq Term Liabilities
Long - Tem Provisions

3,560
649
,18,153

- l{on.current Liabilities

744

1,234

Liabilitis
Short

Tem Borowings

Trade Payabls

other Current Liabllitig

Short

Tem

Proyisions

- Current

Liabiliti

EQUITY AI{D LIAEILITIES

5.156

232

28,674

L7,197

t2,789

3,648

5,083

3,550

54502

24,8.27

16,r,906

- Curent Assts
Fixed Assets

53,135

Goodwill on Consolidation
Long

Tem

Loans and

Adrancs

Other Non Current Assets

- Non Curent Assets

26,766

22,716

r,957

4,006

2,515

16

28

79,A73

30,566

20,662

18,634

15,607
41,887

9.825
24,578

I Ea7

1,165

AsseE
Current InvestsnenE

Invenbries
Trade Receivabls
Cash and Bank Balances

ShortTem Loans and Advancg

Oher Current Asts
- CurentAesets

2,065

r,6L4

3,275

1,530

85,033

57,96

- ASSETS

For Huhbmaki PDL

16 February 2016
us at our web6ite:

wvwpplpack com

SIGNED FOR IDENTIFICATION

Ltl.

L{D

SRBC

& CO

LLP

Chartered Accountants

Auditor's Report on Quarterly Financial Results and year to

Pursuant to the Regulation 33 of the SEBt (Listing Obligations
Reguf ations, 2OL5

To

Board of Directors of
Huhtamaki PPL Limited

1.

We have audited the quarterly consolidated fi

Company') for the quarter ended December 3
for the year ended December 31, 2015, attac
pursuant to the requirement of Regulation 33

Requirements) Regulations, 2015. The qua

derived figures between the audited figures in
and the published year-to-date figures up to S
of the third quarter of the current financial y
consolidated f inancial results for the quarter
on the basis of the consolidated financial resul
30, 2015, the audited annual consolidated financial statements as at and fbr the vear ended
December 31,2015, and the relevant requirements of Requlation 33 of the SfBt (t_istinq

obligations and Disclosure Reguirements) Regulations, 2Ot5 and are

th!

responsibility oi

the Company's management and have been approved by the Board of Directors of the
Company. Our responsibility is to express an opinion on these consolidateb financiial results
based on our review of the consolidated financial results for the nine-m
perfrod ended
September 30, 2075 which was prepared in accordance with the recognition and
measurement principles laid down in Accounting Standard (AS) 25 ,,lnterim Financial
Reporting", specified under the Section 133 of the Cornpanies nct 2OtS and other
accounting principles generally accepted in India; our audit of the
consolidated
financial statements as at and for the year ended December 31,2015; and ther relevant
requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2075.

2.

We conducted our audit in accordance with

India" Those standards require that we plan

assurance about whether the financial results
includes examining, on a test basis, evidence

results. An audit also includes assessing th

estimates made by management. We believe
our opinion.
3.

In our opinion and to the best of our informat

us these quarterly consolidated financial resul

i.
ii.

are presented in accordance with th

(Listing Obligations and Disclosure Re
give a true and fair view of the net profit and other financial information for the
guarter ended December 31, 2015 and for the year ended Decembei 31, 2015.

SRBC&COLLP
Chartered Accountants

4.

Further, read with paragraph 1 above, we report that the figures for
quarter ended
December 31,2015 represent the derived figures between the audited I
es in respect of
the financial year ended December 31,2015 and the published year-tc
figures up to
september 30,2015, being the date of the end of the third quarter of t current financial
year, which were subjected to a limited review as stated in paragraph 1 bove,
as required
under Regulation 33 of the SEBt (Listing Obligations and Disclosu
Requirements)
i

Regulations, 2OL5.

FoTSRBC&CO.LLP
Chartered Accountants

pe

Maniar

Partner
Membership No.: 36738
Place - Mumbai
- February t6,2OL6

Date

tl?

,i'i.-.,

MUMBAi
1
l;

Huhtamaki PPL Ltd.

(Formerly The Poper Products Ltd.)
Central Headquarters
rarters: L. B. S. Marg, Majiwade,Thane-400601. Maharashtra, India.Tel No.: +91 (22)2173 5591

/b

51, Fax No: +91 (22\ 2173 5599 | 5650

Reg & Corp, Off.r.l 124-06,

12A-(
B-wing, 13th Floor, Parinee crescenzo, c-38/39, G-Block, Bandra Kurla complex, Bandra (l ), Mumk
umbai - 400051, Maharashtra, India.
TelNor+91 (22)61740400FaxNo:+91 (22)6174040112653 1310,ClNNo:121011MH1950F1C14 i537,, Website:
W,
www.pplpack.com

FORM A
1.

2
3

4.
5

Name of the companv

Consolidated Annual financial
statements for the Vear ended
Type of Audit observation
Frequencv of observation
To be signed by. Managing Director
. CFO
. Auditor of the Company
o Audit Committee Chairman

Huhtamaki PPL Ltd.

31.' December. 2015
Un-modified
Not Applicable

For Huhtamaki PPL Ltd.

{#
6-rag Vyavahare
Chief Financial Offi

For Huhtamaki PPL Ltd.

S. K. Palekar
Chairman

period under review)

FoTSRB C&COLLP
Chartered Accountants
(ste
Auditors)

Partner