athe Finolex Serta Cables Limited consent ‘AN IS/ISO 9001 COMPANY FCL:SEC:STOCK-EXCH:16:152 9" August, 2016 Corporate Relationship Department BSE Limited 1st Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai — 400 001 Dear Sirs, We refer to the prior intimations in this regard and to the meeting of the Board of Directors of the Company held today. We are pleased emaillenclose the statement of standalone Unaudited Financial Results (Provisional) for the quarter ended 30" June 2016 and of the Press Release in this regard together with a copy of the Limited Review Report on the said Results as received from the Statutory Auditors of the Company which were approveditaken on record by the Board of Directors at the said meeting, We have taken necessary steps to publish the said financial results in the Newspapers as per the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take on record the aforesaid results and the other matters, inter alia, considered by the Board at the above meeting as set out in the Press Release / said Results and Notes thereto as approved by the Board. We would request you to kindly arrange to have the same updated on the Website of the Exchange at the earliest Please acknowledge receipt and oblige. Thanking you, Yours faithfully For FINOLEX CABLES LIMITED Ree RGD'SILVA Company Secretary & President (Legal) Encl : As above. Rega. Ofte 25.27, Murbal Pune Road, Prnpi Pune 411 O78, inda. Tol 61 2027475063, Fax: 020-27870348, 27472258, Website ww inoiex com EmalsslesGinclex.com GIN No. : La1900MH1967PLCD16593 Finolex gets people togetherFinolex Cables Limited Registered Office: 26/27, Mumbai-Pune Road, Pimpri, Pune 411018 (India) ToL 27475963 Fax: (91) (020) 27472239 Internet: http://www.inolex.com CIN: 131300MH1967P1.C016531 Extract of Standalone financial results of Finolex Cables Limited for the quarter ended 30th June 2016, Prepared in compliance withthe Indian Accounting Standards (Ind AS) Te imlion particulars smell rh Gear 0 7016 201s Income trom Operations (Net) 35657] eoa7a Profit from ordinary activities after finance costs but before exceptional tems 9371 eis Profitbefore Tax (after exceptional & / or Extraordinary items) 9373 ons Net Profit after Tax (after exceptional &/ or Extraordinary items) ental 404 [Total Comprehensive Income (ater Tax} 6963 40. Pid up equiy share capital (face value Rs.2/-each fully pald) 3059} 3059] |Samingper share (Before &ater extraordinary tems) (OF. 2/-each) Basic 46 29 Diluted 46. 29 [the above is an extract ofthe dotalled format for Quarterly nancial Results filed withthe Stock Exchange under Regulation 33 ofthe |SEBI (Listing Obligations & Disclosure Requirments) Regulations, 2015. The all format ofthe standalone financial results fr the quarter| ended 30th une 2016 are vallable on the Stock Exchange websites wwwaseindiacom & wwwbseindia.com, and under the Investor Relations section of our website at htp://wwwfnalex.com- Notes: 1. The unaudited financial statements forthe quarter ended 30th June have been taken on record by the Board of Directors at Its meeting held on 9th Aug 2016. The statutory auditors have expressed an unqualifed opinion based on limited review: lz.rhe Company has adopted the indian Accounting Standards (Ind AS) from 1st Apri 2016 and these financial results have been prepared in accordance with the recognition and measurement priciples laid down in Ind AS 3¢Interim Financial Reporting prescribed lunder Section 133 of the Compantes Act2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India. 3. The impact on net profit for the quarter ended 30th June'2015 due to changes on account of adoption of Ind AS sas under Quarter ended 30 ne 2015 Net pois per nian GAAP Wao dees: Atri oss/Gan) on Employee defined benefit plans recognised in'Oter comprehensive come™ as acincrense nar vl of facil sets 6 et rofiosaspernd aS waa other comprehensveincme.nt of incre ox Acura Loss onempaye dened plans, as) i. Decree in vate ofivestmens 32s} ota atercomprehensiveincomesnet of income tx a0) otal comprshensive income fr tre period a4 2 By order ofthe Board Kysee= ace :Pune alste Date: 5th ave 2016 Deepa K.cahabria sxecwve Charman DIN: 01409799Finolex Cables Limited Registered Oice:26/27, Munmbal-Pune Roa, Pimp, Pune 411018 (Inia) Tel. 27475963. Fax? (91) (020) 27472259 Internet: tp /wwveiolexcom ‘Statement of Unaudited Standalone Financial Results for the Quarter ended 30th June 2016 ein milion ‘Unaualted Results forthe ea ‘Quarter ended 30 June = Es 716 "704s Ta Natal frm Operations (nclading Be day sme sa 1h Osher Opertng Income ato a 1 Total come from Operations (el) (a+ 1.8) 057 oosral 2 Expenses umf 4) () siya Seon 2) Grote eam siss7 sas 5) Parchasotstnck intra 35 oe ©) Ganges nisemariss of shed gods workin progress stack rad ems sia 4) Employee bneireponses ad asad ©) Depreaton amor expenses ima ta 1) Advereinge Promotions 7a si 1D Olherespnses wana ae 5 rettiromoperatns before oer iacome, lnnce costs &exceponalitems (1-2) roca 83 4 Otherincome tar ma 5 rofeirom ordinary acultes before nace cost & exceptional tems (+4) msi osay & —Roancecone 124 09 7 proftiromordoary ates ater nance costs but before exceptional ems (5-6) v7 esta & —_Beeplonal tems -ntecrede/ (are) 9 Profttrom ordinary cties before Tax (760) oz oe 10 Tacerpenee zo Yraa AI —_Netbromt from ordinary activites afer Tax (9-10) oie sans 33 Neepraitfrth period 11642) ons soasl 14 Othereamprehemive some net fas) In 2 00 15 otal compretensve none Orth prod os ita 16 Paidup equity share capital (ace vale R.2 per share) mass asa 37 Reverve excluding Revaluation Reserveas per Balance host 18() farang per share (EP) bear extraordinary ens (o Re 2/-per ac) (Dot anauallsed): 3) BaieeRe 46 29 3) ted te 2 416(0) _Earngper share (PS) ater extraordinary ies (of. 2/-per each) (notannunised): 3) BasiesRe 16 23 8) bluted 4 23 ‘Segment wise Revenue Results, Assets, Liabilities and Capital Employed Tain lion Pardcalars Unaualted Results forthe Quarter ended 30 ane 7162018 ‘Segment Revenue (ales & other oprating income) : iC teccal ables sorez ssa, 1. Commantestion cabot 70 "sen copper Ross nn? 16008 Doth a8 682, Total segment Revenue 60377 70186 lass: er Segment Revere 20 sia Netovgment Revenue 59657 60974 Segment Result Prost before tx interest from ordinary actiites) ‘ABecrial ates mss esas communication cables ner 992 topper ads 1 3 D.owers 48 200 Tota segment Results 0051 seo. Lace ance ost 124 309) ‘i Lass} unaloabe come net of unallocable expen sec nab Total prot before Tax from Ordinary actvtesinelading OC) sa eats Segment Assets ‘Berl eles sazz7 ses B, Commaniton exes 2636 hens € copper Ras . say 584 others wiz tana Unalocable Corporate Asets vas sssaa| Total epment Assets 192407 174503] Segment Linbtes - ‘A elecreal bee 210s 2asz6 .commusistion aber _ she “240topper Rode wr 395) powers 233 313 Unaloable Corporat Lisbiites 229 307) ‘otal segment Liabilities p27 34875 ‘Capital Employed (Segment assets less Segment Lats) ‘A Becca Cables 6953165569 Communication ables zoe 1657.4 C copper Rods 368 2453 Dooters 129 23637 Uaatlocable Capital Employed Corporate 6por7 52487 “Total Capital Employed 263560139618 ‘Theabove unaudited fan results were evewed ad recommended bythe Ault Committe ad approved bythe Board of Directors at thle ‘masing halon 9th Aygust 2016 A mind rsew ofthe francal ete forthe Guarter Ended 30th ne 2026 har bon cad ut by he tattory auditors ofthe Company who have expressed an unqulfed opinion, “The format for ueadted quartet revue a pressed SEs Crear OR/CFO/CMO/15/2015 dated 30th Sune 2035 ha been moe to comply ‘wh the elements of EBs celar ded Sth ly 2036 AS and Schedule It the Compares Act. 2023 apatite companies hat ae reed comply wh ind AS “The fa AS compliant franca rets forth carerpoding quarter ended 30th ng 2015 have en stated inte of SEI Cul COR/CFVFAC/E2/2016 ded Sth iy 2016. The nani rts lating to the quarter ended 30th June 2015 under nd ASave nt ten subjected to _aimtad review by the statutory sutort of the Compan.The management has exedaedrecessry due digence ond ensured hat the aca ‘ests provide tr ad far view of eau nsecoréance withthe Companies (ren Aerounting Sanda) Rules 2015. “Tne Company has adopted the Inn Accounting Standards nd AS) rom et Api 206 and thee financial eels ve been prepara in accordance wi the reegnon and meererent prices is dow in ind AS 24" Franc Reporting” peterbed unde Secvon 133 ofthe Compares ‘54.2013 read wit relevant res urved thereunder and other acountne pines oneal aceotd in ‘ho reconlation of nt pref reported under indian GAAP forthe quarter ended 30th June 2015 ad the restated figures per wth (quarter endea30 June 2015 ‘we protic as pr indian GAAP 902 ‘dass: Aerial os Gah) on Emp oye defined bene plans recognised a Other Comeheraive nce” as -Assiereasein ar value of firancl assets 67 Net profitas per ind AS . son | Acura tos on employes defied pars a3 1. Decrease infor voie of lvertments 205 Totloter comprehensive ieomaset of ncome as “400 ‘Total comprehensive Income forthe pedod was Figures forthe previous periods have been regrouped where ever ecesary, to conform tothe curent pero sialon Place: Pane By onder ofthe ard Dace: Sth Ag6 Gh ‘site Deepak Chabria Executive Chairman in: 01403799,FINOLEX CABLES LIMITED PRESS RELEASE FINOLEX CABLES LTD RESULTS Pune, August 9th, 2016 Finolex Cables Ltd., (FCL) at the meeting of its Board of Directors held today approved results for the first quarter of the financial year 2016-17. Net Sales for the quarter ended June 30" 2016 were Rs 5965.7 million as against Rs 6097.4 million for the corresponding period in year 2015-16 representing a 2% decline in value terms. The decline in value growth is primarily due to the fall in commodity prices over the same period — commodity prices in INR terms fell over 18% during the comparable period. In volume terms, however, there was a 13% growth in Light Duty Electrical Cables and 29% in High Voltage Power Cables, while in the Communication Cables there was a growth of more than 25%. Profit for the quarter, before taxes, was Rs.937.Imillion, as compared to Rs. 621.5 million in the previous year. While commodity prices had continued to slide during the quarter and the Company adjusted selling prices accordingly, margin levels were continuously monitored. The above, together with an improved product mix resulted in, during the quarter, margin improvement of over 300 basis points. At a PAT level, the quarter resulted in an improvement of over 55% - PAT for QI of 2016-17 stood at Rs 696.3 million as against Rs 448.4 million for the corresponding period of the previous year. ‘The Company has adopted the Indian Accounting Standards (IND AS) as fromIst April 2016 and the figures reported above are in accordance with the new standards. Prior year figures have been restated as appropriate under the revised standards, in order to make them comparable. During the quarter, the Company began its foray into the FAN business — several attractive models were launched in all the categories — Ceiling, Pedestal as well as Wall Mounted. Initial reaction to the launch has been very encouraging and the Company expects to add more models to its range in the coming months. The Company expects business from this segment to add significantly to its revenues in the coming periods. During the quarter, the Company also received clearance from BIS (Bureau of Indian ve &Standards) to launch its range of MCBs — the product launch is now scheduled for Q2. ABOUT FCL. Finolex Cables Limited is India's largest and leading manufacturer of Electrical and Communication cables. Finolex offers a wide range of Electrical and Communication cables, Its wire and cable products are used in applications such as automobile, lighting, cable TY, telephone and computers to industrial applications touching every person in his daily life. Finolex has added Electrical Switches, Compact Flourescent Lamps (CEL) and LED based Lamps and Fans to its range of products, and expects to shortly Taunch low voltage MCBs. FINANCIAL HIGHLIGHTS+ (Rs. in million) 7 lQuarter [Quarter ] Ended Ended 30.06.16 ‘Net Sales / Income from Operations 5965. Other Income 138.7 93.1 Profit before Exceptional item, Interest, Depreciation and Tax 1067.3 783.6 Deductions for : | © Interest 12.4 30.9 © Depreciation 1178 131.1 Profit before Taxation 937.1 | Tax Expenses (240.9) | (173.2) Profit After Tax | 696.3 448.4 L - 4 wv Cane ete ee . Deepak K: Chhabria Executive Chairman DIN: 01403799B. K. KHare & Co. + 91 022 22000607/7318/6360 +91 022 66318835796 F +91 02222009476 E info behareco.com Review Report "706/708, Sharda Cnambers New Marine Lines, Mumbat - 400 029, Ingia To the Board of Directors of Finolex Cables Limited We have reviewed the accompanying statement of the unaudited financial results of Finolex Cables Limited (‘the Company’) forthe quarter ended June 30, 2016 (‘the Statement), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statement is the responsibilty of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagements 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity’ issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus, provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion, Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the accounting standards specified under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 {as amended) and the Companies (Indian Accounting Standards Rules), 2015 (as amended) and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which itis to be disclosed, or that it contains any material misstatement. For B. K. Khare & Co. Chartered Accountants Himanshu Chapsey Partner Membership No. 105731 Place : Pune Date : August 9, 2016 . ue Benga New Dai 171 oo somos Porno at sesr Toot or 40s 724 “oto seesnsoncaceon Ettinogaunvenikecocom | Eoioeh ableharcacon Ett itrecocom soon chaos et ened Fel Srp. th Por {stBoor #61 H Poo Ta Tn ra a, Creneiopomaiteet | Soop Now Dube Erandwane, Pune - 411 004, India Bengalurs - 560027, India 1 nia