NEO CORF*

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' Goverment RecoEnised Export House
1985 -2015 . ISO 9001:2008 & ISO 22000:2005 Certified
. BRC/IOP Certified

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30.05.2016

To,
The Corporate Relationship Deparfinent
BSE Ltd.
P, I. Towers, Dalal Street
Mumbai-400001
. sub: outcome of Board Meeting held on 30tt May 2016- Neo Corp Intenrational Ltd.

Scrip Code: 523820

Dear Sir,

This is to inform that the Audited financial results for the quarter and year ended on 31"t
March
. 2016 were reviewed by the Audit committee and approved and taken on record by the Board of
the
Directors in its meeung held on 30.05.2016. In this connection please find enclosed herewith
Audited Financial Results (standaloneJ for the quarter/year ended 31/0312076'

Consolidated Financial Statements will be published separately as soon as Board of Directors

approves the same.

Please take the above on record and oblige.

Thanking You

Yours Faithfully

For Neo Corp International Ltd.

*--P
:

Chairman & Managing Director

Reglltered Ollice:220 Mahavir lndustiral Estate, Off Mahakali Caves Road, Andheri (E), Mumbai - 400 093, Maharashtra INDIA
?t +91 22 2687.9510 | F: +91 22 26a7 9510 | E: bom@neocorp.co.in
Corporate Office & Wo*s: Plot No. 62-63 lndustrial Area Sector 1, Pithampur, Dist. Dhar - 454 775, Madhya Pradesh INDIA
Pt +91 7292 410 400 (2 lines) | Ft +91 7292 420 299 | E: contact@neocorp.co.in
www.neocorp.co.in
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NEo coRp TNTERNATI'NAL LrMtrEp
(Leading the Future of Technical Textiles)
Regd.Off:22OMahavir lndustria! Estate, Oposite MahakaliCaves Road, Andheri(E), Mumbai-400093, (M.H.)
Cl N : t24132MH1985PtC223220
Rs. ln Crores

Statement of Standalone Audited Financial Results for the Quarter & Year Ended 31st March,20LG
QUARTER ENDED YEAR ENDED
Particulars 3 months Ended Preceding 3 Corresponding 3 Year to date Year to date
31.03.2016 months ended months ended figures for figures for the
3L.L2.20L5 31.03.2015 period ended previous year
31.03.2016 ended 31.03.2015

(Refer Notes Below) (Audited) (Unaudited) (Audited) (Audited) (Audited)

L lncome from operations

(a) Net sales/income from operations(Net of excise
duty) L38.64 106.89 2L0.69 646.91 738.08
(b) Other operational income 7.99 0.70 2.36 10.95 s.83
Total incom'e from operations (net) L46.62 107.59 213.0s 557.85 743.9t

2 Expenses
. (a) Cost of materials consumed L39.s2 1L5.27 255.01 607.67 678.75
(b) Purchases of stock-in-trade 24.72 0.00 3.13 24.72 3.13
(c)Changes in inventory of finished goods, work-in-
process and stock-in-trade 37.t4 s.30 -98.61 23.05 -89.25
(d) Employee benefits expense 5.02 3,99 9.81 79.84 24.56
(f) Depreciation and amortisation expense 13.28 2.38 1.55 20.41 8.08
G) Other expenses 8.00 6.s8 16.7L 29.s3 40.73
Total expenses 227.69 133.51 L87.6L 725.22 665.00

3 / (Loss) from operations before other

Frofit -81.05 -25.92 25.M -67.36 77.9L
income, finance costs and exceptional items (1-2)

4 Finance costs 4.91 L3.02 20.79 40.63 42.99

5 Profit I (toss) from ordinary activities after -8s.97 -38.95 4.65 -107.99 34.92
finance costs but before exceptional items(3 + 4)

6 Exceptional items 0.00 0.00 0.00 0.00 0.00

7 Profit / (toss) from ordinary activities -85.97 -38.95 4.65 -107.99 34.92
before tax(5 - 6)

8 Tax expense -5.32 -2.82 -2.23 -5.38 4.71

I Net Profit / (toss) After Tax (7-8) -80.6s -36.13 6.88 -LOz.6L 30.21

10 Paid-up equity share capital of Rs 10/- each 38.02 38.02 38.02 38.02 38.02

11 Earnings per share

(Face Value of Rs 10/- each) (not annualised):
(a) Basic -21.2L -9.50 1.81 -26.99 7.95
(oi-oituteo -21.2L -9.s0 1.81 -26.99 7.95

NOTES:
The above financial results have been prepared in accordance with the Regulation 33 of the SEBI (LODR) Regulations,20LS
and have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on 30.05.2016.
The Company operates in a single business segment.ie.TechnicalTextiles. Hence the disclosure under Accounting Standard L7
is not applicable. '
3 Consolidated Financial Statements will be published separately as soon as Board of Directors approves the same.
4 Figures of previous period/year have been regrouped/re-arranged wherever necessary to correspond with the current
pe rid'd's cla ssifi cation/d iscl osu res.

Date:30.05.2016
Place: lndore
5e-*'-*
\
\

(suNrr KUMAR TRTVEDT)

CHAIRMAN & MANAGING DIRECTOR
 NEO GORP INTERNATIONAL LIMITED
(Leading the Future Of Technical Textiles)
Regd.Off: ustrial Estate, Oposite Mahakali Caves Road, Andheri(E), Mumbai-400093, (M.H.)
CIN: L241 32MH1 985PLC223220
(Rs. ln Crore )
Standatone Statement of Assets and Liabilities

Particulars As at 31.03.2016 As at 31.03.2015

EQUITY AND LIABILIT!ES

Shareholders' funds
(a) Share capital 38.02 38.02
(b) Reserves and surplus 130.53 248.42
(c) Money Received under share warrants
.Sub-total - Shareholders' funds r.58.55 286.45

2 Share Application Money Pending For Allotment 0.00 0.00

Non-current liabilities
(a) Long-term borrowings 75.7L L07.42
(b) Deferred tax liabilities (net) 2.90 10.63
(c) Other long-term liabilities 0.00 0.00
(d) Long-term provisions 0.52 0.98
Sub-tota! - Non-current liabilities 79.14 119.03

Current liabilities
(a) Short-term borrowings L94.s9 133.00
(b)Trade payables t25.69 L72.25
(c) Other current liabilities 8L.70 61.82
(d) Short-term provisions 4.09 8.54
Sub-tota! - Current liabilities 406.08 375.62

TOTAL. EqUITY AND LIABILITIES ffi3.77 781.10

ASSETS
Non-current assets
(a) Fixed assets LzL.83 L56.62
(b)Goodwill on consolidation * 0.00 0.00
(c) Non-current investments 87.77 87.77
'(d) Deferred tax assets (net) 0.00 0.00
(e) Long-term loans and advances 40.35 54.82
(f) Other non-current assets 4.89 0.00
Sub-total - Non-current assets 254.83 299.27
2 Current assets
' (ef) Current investments 0.00 0.00
(b) lnventories 245.4L 308.21
(c)Trade receivables 89.9s 98.74
(d) Cash and cash equivalents 19.35 24.05
(e) Short-term loans and advances 7.78 L0.70
(f) Other current assets 36.44 40.L9
sub-total - current assets 398.94 481.89

TOTAL - ASSETS 653.77 781.10

Date:30.05.2016 (suNrr KUMAR TRr

Place : lndore CHAIRMAN & M