General information about company
Scrip code	530461
NSE Symbol
MSEI Symbol
ISIN*	INE440C01016
Name of company	Saboo Sodium Chloro 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	30-05-2018
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	21-05-2018
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	Manufacturing of salt
Start time of board meeting	03:30
End time of board meeting	07:20

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	603.15	2325.93
	Other income	3.3	9.01
	Total income	606.45	2334.94
2	Expenses
(a)	Cost of materials consumed	323.17	1174.294
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-397.62	-346.57
(d)	Employee benefit expense	36.208	201.133
(e)	Finance costs	113.313	317.123
(f)	Depreciation, depletion and amortisation expense	39.072	157.637
(f)	Other Expenses
1	Other Expenses	477.192	788.652
10
	Total other expenses	477.192	788.652
	Total expenses	591.335	2292.269

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	15.115	42.671
4	Exceptional items	0	0
5	Total profit before tax	15.115	42.671
7	Tax expense
8	Current tax	0	8.15
9	Deferred tax	0	13.384
10	Total tax expenses	0	21.534
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	15.115	21.137
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	15.115	21.137
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	15.115	21.137
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	2418.25	2418.25
	Face value of equity share capital	10	10
27	Details of debt securities
	Paid-up debt capital	0	0
	Face value of debt securities	0	0
28	Reserves excluding revaluation reserve		465.02
29	Debenture redemption reserve	0	0
30	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.006	0.09
	Diluted earnings (loss) per share from continuing operations	0.006	0.09
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	0.006	0.09
	Diluted earnings (loss) per share from continuing and discontinued operations	0.006	0.09
31	Debt equity ratio	0.000%	0.000%
32	Debt service coverage ratio	0.000%	0.000%
33	Interest service coverage ratio	0.000%	0.000%
34	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

Notes: 1. This statement has been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on May 30, 2018. 2. The Company has adopted Companies Indian Accounting Standards (IND-AS) from April 1, 2017 with a transition date of April 1, 2016 and accordingly these unaudited financial statements have been prepared in accordance with the recognition and measurement principles laid down in IND-AS 34 Interim Financial Reporting as prescribed under Section 133 of Companies Act, 2013 read with relevant rules there under and other accounting principles generally accepted in India. 3. This statement includes results for the previous year ended March 31, 2017 which are not IND-AS compliant, as the same are not mandatory as per Clause 2.6.1 of SEBI circular no. CIR/CFD/FAC/62/2016 dated July 05, 2016. 4. The company is primarily engaged in the business of Salt Manufacturing which constitutes a single reportable segment. Accordingly, company is a single reportable segment in accordance with IND-AS 108 'Operating Segment'. 5. The IND-AS compliant corresponding figures for the previous year including reconciliation of Net profit or loss reported for the quarter and year ended March 31, 2017 have not been subjected to review/audit. However, the company's Management has exercised necessary due diligence to ensure that such financial results provide true and fair view of its affairs. 6. The Adoption of IND-AS have necessitated changes in the accounting, recognition and measurement criteria of various items of income and expenditure. The reconciliation of the financial results as reported under various GAAP with those restated as per IND-AS for the quarter and year ended March, 2017 is as under: (Amount in Lakhs) Description quarter year A) Net profit as per previous GAAP (Indian GAAP) 13.97 45.337 1. Investment in equity shares at fair value through P&L A/c -96.22 -96.22 2. Tax impact of above adjustment 19.24 19.24 Net profit as per IND-AS -63.01 -31.643 Other Comprehensive Income - - Total Comprehensive Income -63.01 -63.01 7. Previous quarter results have been regrouped/rearranged wherever considered necessary.

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	1560.361
	Capital work-in-progress	822.048
	Investment property	0
	Goodwill	0
	Other intangible assets	1.182
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	112.4
	Trade receivables, non-current	0
	Loans, non-current	137.13
	Other non-current financial assets	0
	Total non-current financial assets	249.53
	Deferred tax assets (net)	0
	Other non-current assets	0
	Total non-current assets	2633.121
2	Current assets
	Inventories	1601.303
	Current financial asset
	Current investments	45.622
	Trade receivables, current	931.571
	Cash and cash equivalents	9.096
	Bank balance other than cash and cash equivalents	0
	Loans, current	1368.934
	Other current financial assets	0
	Total current financial assets	2355.223
	Current tax assets (net)	0
	Other current assets	4.594
	Total current assets	3961.12

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	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	6594.241
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	2418.25
	Other equity	463.875
	Total equity attributable to owners of parent	2882.125
	Non controlling interest
	Total equity	2882.125
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1807.768
	Trade payables, non-current	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	1807.768
	Provisions, non-current	14.207
	Deferred tax liabilities (net)	150.076
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1972.051
	Current liabilities
	Current financial liabilities
	Borrowings, current	1146.501
	Trade payables, current	493.834
	Other current financial liabilities	0
	Total current financial liabilities	1640.335
	Other current liabilities	30.782
	Provisions, current	68.948
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	1740.065
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	3712.116
	Total equity and liabilites	6594.241
	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