QoR Iv/,9 C9 TBMSuper@o 3 at E Tinna Rubber And Infrtructure Limited CIN NO L5QO_QDL987PLC0786 Office Tinna Mandi No 6, I 0 w House, Road, Sultanpur, Mehrauli,New Delhi 0030 (INDIA) Tel (0) 495 8530 (70 Lines), (0) 4900 3870 (30 Lines) Fax (0) 680 7073 Regd I FOR STRONG ROADS Emall URL tinnadelhi@tinnain wwwtinnain Date To, 4" November, 08 To, Manager (Deptt of Corporate Services) Secretary, BSE Limited Calcutta Sck Phiroze 7, Lys Range, Jeejeebhoy Towers, Dalal Street, Ref Code 530475 Scrip Sub Mumbai40000 Exchange Limited Kolkata70000 Outcome of Board Meeting and Unaudited Financial Results of the Company Quarter and Six Mths ended 30th September, 08, per Regulati 33 of SEBI (Listing Obligatis and Disclosure Requirements) Regulati, 05 Dear Sir, Plee, find enclosed Quarter herewith the Unaudited Standale Financial Results of the and Six Mths ended Report there se Financial Results Company 30th September, 08, alg with Limited Review were duly reviewed by Audit Committee above financial results have been duly approved by the Board of Direcrs at its meeting held day, ie 4th November, 08 which commenced at 600 PM and ccluded at745 PM ' _ We request you take the above informati Thanking Yours you faithfully, Rubber For Tinna _ and Infrtructure Limited J at) aibhav Pandey (Company Secretary) the record
vr BANSAL (A & ASSOCIATES Chartered Accountants A69, Vijay Block, Laxmi Nagar, Delhi009 TeL 069, 433950 Mob 98005850, 980860 Email audit@cavrbcom, cavrbansals@gmai com Website Limited Review Review wwwcavrbcom Report Report Board of Direcrs Tinna Rubber and Infrtructure Limited Tinna House No 6, Sultanpur, Mandi Road (Mehrauli), Delhi0030 We have reviewed the statement of unaudited standale Ind AS accompanying financial results of Tinna Rubber and Infrtructure Limited ('the Company') quarter ended September 30, 08 and year date from April 0, 08 September 30, 08 ('the Statement') attached herewith, being submitted by the Company pursuant the requirements of Regulati 33 of the SEBI (Listing Obligatis and Disclosure Requirements) Regulatis 05 ('the Regulati ), read with SEBI Circular No CIR/CFD/FAC/6/06 dated July 5, 06 ('the Circular') preparati of the Statement in accordance with the recogniti and meurement principles laid down in Indian Accounting Standard 34, (Ind AS) 34 Interim Financial Reporting prescribed under Secti 33 of the Companies Act, 03, amended, read with Rule 3 of Companies (Indian Accounting Standards) Rules, 05, amended, read with the Circular is the respsibility of the Company's management and h been approved by the Board of Direcrs of the Company Our respsibility is express an opini bed our review of the standale financial results 3 We cducted our review in accordance with the Standard 40, Review of Interim Financial Informati Performed Entity issued by plan and by Review the Engagements (SRE) Independent Audir of the the Institute of Chartered Accountants of India This standard perform the review obtain moderate surance free of material misstatement A review is limited primarily whether the that we financial results are requires inquiries of company persnel analytical procedures applied financial data and thus provide less surance than an audit We have not performed an audit and accordingly, we do not express an audit opini and 4 Company h not provided interest lakhs half year ended September of Micro, Small and Medium payments half year suppliers covered B O 30, 08 Rs 75 lakhs under the quarter and Rs545 provisis of Secti 6 required Enterprises Development Act, 006 under the said Act Csequently, the net ending September 30, quarter and half year amounting in respect of 0l8 is understated that extent and tal ending September comprehensive 30, 08 is understated that extent B Secr, Noida (UP) 030 ' delayed loss quarter and Te 0045970 loss
We draw attenti note 4 of the accompanying statement, in relati accounting of provided by Company in respect of borrowings availed by e of its sociate and other group companies bed in India and disclosure of the same ctingent liability and is more fully described therein no financial guarantee the Our report is not modified in respect of the above matter Bed our review cducted above and subject our observati in Para 4 above, come our attenti that causes us believe that the nothing accompanying Statement, prepared in accordance with the recogniti and meurement principles laid down in the applicable Indian Accounting Standards ie Ind AS specified under Secti 33 of the Companies Act, 3 read with the relevant rules issued thereunder and other recognised accounting practices and policies h not disclosed the informati required be disclosed in terms of Regulati 33 of the SEBI (Listing Obligatis and Disclosures Requirements) Regulatis, 05, read with SEBI Circular No CIR/CFD/FAC/6/06 dated July 5, 06, including the manner in which it is be disclosed, or that it ctains any material h misstatement For VR Bansal & Associates Chartered Accountants Firm Place Delhi Dated 4 h November, 08 Registrati No 06534N
TINNA RUBBER AND INFRASTRUCTURE LIMITED Registered Office Tinna House No6, Sultanpur, Mandi Road, Mehrauli, New Delhi0030 Websitewwwtinnain,emaIlinvesr@tinnain,Te ephe No04958530 Fax no0~6807073 CINL59090L987PLC0786 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE SNo QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 08 (Rs Particulars Quarter Ended Other Income Total Income (a) Ct of Materials csumed (c) Changes of traded goods in invenries of finished goods, workinprogress and 30Jun8 30SED7 30Sep8 30Sep7 3Mar8 (Audited),84338 3,637,0430 6,00475 4,66500 550 5050 773 7600 389 69,86888 3,87,0303 6,08075 4,7039 0,34390,359,344 7768,44600,39750 3,6 55835 8840 64675 3458 (37730) 073 sck~intrade (d) Excise Duty (e) Employee benefits (f) Finance costs expenses (g) Depreciati and amortizati (h) expenses Other expenses Total expenses 3 Profit/(Loss) 4 Tax expense (a) (b) 6 Current tax Deferred tax liability/ (Assets) MAT Credit Entitlement (c) 5 before tax () Net In Income Tax Effect Total Other 8 9 3458 8974 9844 986 986 8489,68439,05003 7349 6443 60 5379 5554 9804 860 8456 837 37058 3584 799 8834 75374 656,5708 3,40 3,0759,848 6,34879 5,4 0,9639 (73) 48 (4945) (6804) (708) (5849) (74) (359) 74 (74) 37 (7993) (348) 588,7769 (3570) (93) (6947) (3656) (475) (49) or subsequent periods (a) Remeurement gains/(losses) defined benefits plans (b) Re meurement gains Investments (c) Gains sale of Investments (d) (7457) 47096 Other comprehensive income loss (835) 4993 (3973) Other Comprehensive Income not be reclsified profit 7 0,698 5507 74 profit] (loss) period (34) 693 Income (Net of Tax) Total Comprehensive Income Period (Net of tax) (5+6) Paid up Equity Share capital (face value of Rs0/ each) Reserves (excluding Revaluati Reserve shown Balance Sheet of the previous year) Bic and Diluted Earning Per Share (Rs) 65 38 388 044 776 38 45998 0475 (80) Comprehensive 695 53 (3460) (8) (5) (36) (345) 54 674 07 937 83 (573) (69) (4534) (80) 004 (98) (76) (55) 7,5857,09406 in the Audited, 0 lakhs) 30~Sep8 Expenses (0) Purches In Year Ended Income Revenue from operatis Half Year Ended 6,40449 (574) Place New Delhi Date 4th November, 08 Managing Dlrezfor
TINNA RUBBER AND INFRASTRUCTURE LIMITED Registered Office Tinna House No6, Sultanpur, Mandi Websitewwwtinnain,emai invesr@tinnain,telephe Road, Mehrauli, New Delhi0030 No04958530 Fax no06807073 CINL59090L987PLC0786 Statement of Assets And Liabilities (Rs In Lakh) Standale Particulars As at 30Sep8 As at 3Mar8 (Audited) ASSETS N Current Assets Property, Plant and Equipment Capital work in progress 7,594 7,69987 804 697 Investment Property 53039 Intangible Assets 58 45 345 345,3569,48609 Investment in Associates Financial Assets i) Investments ii) Trade Receivables iii) Loans and Advances iv) Others Deferred Tax Assets (Net) 473 4738 4404 5735 5459 Other ncurrent sets 3 747 854,7340,570,789,6948 Current Assets Invenries Financial Assets i) Investments ii) Trade Receivables iii) Ch and Ch equivalents iv) Other Bank Balances v) Shortterm Loans and Advances vi) Others Current Tax Assets (Net) 663 55,84,73585 8 054 5 54 063 09 40 39 63377 805 6,5950 6,60980 8,364 8,8090 Other current sets Total Assets 00 093 EQUITY AND LIABILITY Equity Equity Share Capital Equity Other Equity attributable equity holders of the Company 6,789 6,40449 7,03467 7,6097 3,389 3,0976 Liabilities N current liabilities Financial Liabilities ) Lg Term Borrowings Provisis 03 6964 Other 5350 6903 3,8370 3,53583 Lg Term Liabilities Current liabilities Financial Liabilities i) Short Term Borrowings ii) Trade payables a) tal oustanding dues of micro enterprises and small enterpris b) tal outstanding dues of credirs other than micro enterprises and small enterprises 4,5743 4,47387 3975 3705 7666 7383 iii) Other financial liabilities,66445,634 37503 4870 Other Current liabilities Provisis Total Equity and Liabilities,? fliflm I) FOR 5 Place Date New Delhi 4th November,08 V ' 404 3443 7,45473 7,3840 8,364 8,80,90 \ ' RUBéER N, Iv NFR ST CT \ Managing Diru tn
Notes above financial results of Tinna Rubber And Infrtructure Limlted ('the Company ) have been prepared in accordance Accounting Standards (Ind AS) 34 "Interim Financial Reporting" prescribed under Secti 33 of the Companies Act,03 read with Rule 3 of the Companies (Indian Accounting Standards) Rules,05 and the Companies (Indian Accounting Standards) Rules,06 with the Indian H'ble NCLT, Delhi vide their order dated 5th December, 07, h approved the Composite Scheme of Arrangement between Tinna Rubber And Infrtructure Limited (TRIL) and Tinna Trade Limited (TTL) (formerly known Tinna Trade Private Limited), earlier wholly owned (00%) subsidiary of TRIL with effect from closing hours of 3lst March, 06 ('Appointed Date') After the approval of the Scheme of Arrangement, Agro Comnmodity Trading and Investments (Agro Commodity and Warehousing) undertakings shall be transferred TTL and shareholders of TRIL will be issued equity Appointed Date and up and including the Effective date, all profits shares of TTL in the ratio of With effect from the accuring TRIL or losses arising or incurred by it relating the Demerged Undertaking shall for all purposes, be treated profits or losses, the ce may be of TTL Pursuant the effective date ie January, 08 and with effect from the appointed date ie March 3, 06, the Company h given effect the Scheme of Arrangement and psed the the accounting necessary entries the above relating ended 30th September,07 have been adjusted results quarter ended 30th account of demerger Quarter ended 30th September Half Yeay ended 07 30th September 07 Decree in Other Income 0 0 Decree in 64 30 Employee Benefit Expenses Decree in Finance Cost 00 00 Decree in Other 00 00 54 9 Expenses Net decree in loss During the quarter, the Company se items like are Baldes/ rewinding/other refurbshing than e treated accounting period reviewed the status of Cutters which Reusable/Standby Spares which have a life lger than e year from time time, Mors, Gear Box etc which requires require sharpening make it usable 07 and half year September, under these spares are generally expected be used lger expensed off when first put use same have been ctinuously Also, In earlier years, these items were prior period items in accordance with Ind AS 8 "Accounting Policies, Changes in Accounting Estimates and Errors" and the effect of the same financial statements are Particulars under As at Quarter Half Year Year Quarter ended 0/04/07 ended 30th ended 30th ended 3$t 30th (Earliest September, September March,0 07 8 reported,07 June,08 period) Incree in Fixed Incree in Assets/Reducti in Maintenance Expenses Deprecati Net Incree A decree ) in the Res e rve&sur p lus I Profit 904 050 360 443 983 63 494 0 866 4 7 and Loss (3) 63 (63) Company h given Corporate Guarantees sociate Company and other group Companies for credit facilities availed by them ability repay the oustanding debt is primarily dependent generati of ch flows from business operatis Company's management believes that the sociate Company and other group Companies have reable business forect debt, if required and over the next few years and estimated that meet the debt obligatis guarantee obligati of Rs 0,5 Lakh is disclosed ctingent liability standale financial results not and when required they will be able refinance the outstanding they fall due and hence they believe that the financial be audirs have included an recognised in the financial statements Emphis of Matter paragraph the s dlit hbe e in their 'Q/ rank Q I \r)
Company h purched Land at Delhi in the financial year 034, which 8 However, the not intend do any business activities or Company does w clsified invenry in the FY 07~ development of property purpose of for rental yields Lee Agreement h been lg term capital appreciati and by the Company which is effective from 00908refore, the said land h been transferred Property from invenries during the year resale and intends hold the land for entered in Investment Company's primary segment is reflected bed principal business activities carried by the Company As per Ind "Operating Segments, notified under the Companies (lndian Accounting Standards) Rules, 05, the Company AS 08 operates in e reportable business segment ie Crumb Rubber, Crumb Rubber Modifier, Modified Bitumen & Bitumen primarly operating in India and hence, csidered single geographical segment Emulsi and allied products and is Revenue from operatis period April 0,07 Accordingly,revenue (net Rs44734 iakhs and Rs005 June 30,07 duty) Iakhs respectively Revenue were reported inclusive of excise duty 30,07 and year ended March 3,08 Half year ended of Excise September subsequent periods are net w of Goods and Service Tax (GST) ind AS 5 "Revenue from Ctracts with Cusmers" is 08 and h replaced significant adjustments required did not have any mandary for reporting period beginning existing lnd AS related there Under the modified retrospective be made significant impact the retained earning recogniti and at or approach, April 0, 08 Also the after there April 0, were no applicati of Ind AS 5 meurement of revenue and related items in the financial results quarter ended September 30th, 08 To improve the liquidity company h sold N Core Assets 3440 Lakhs and realised profit included in financial statement in the Other Statury audirs have given the quarter ended a csiderati Comprehensive Income through profit is of Rs already fair value meurement in the year ended same 08 their ce of payments Small, Medium and Micro vendors Company is by necessary revisi of the credit above results were meeting held n provisi of interest amounting Rs75 Lakhs for required under the provisis of secti 6 of Micro, Small and Medium modified opini in respect of September 30th, Enterprises Development Act, 006 in the Rs 48 Lakhs for 30308/earlier years 0 (investment) costing of Rs 9 Lakhs in the quarter ended 300908 amount of addressing period allowed by SME vendors reviewed and recommended by the Audit Committee and approved by the Board of Direcrs at 4th November 08 Place Date New Delhi 4th November,08 FOR TINNA RUBBER ; = y v l l le \,
TINNA RUBBER AND INFRASTRUCTURE LIMITED Registered Office Tinna House No6, Sultanpur, Mandi Road, Mehrauli, New Delhi0030 Websitewwwtinnain,emailinvesr@tinnain,Te ephe No04958530 Fax no06807073 CINL59090L987PLC0786 EXTRACT OF THE UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED ON 30TH SEPTEMBER,08 (Rs In Iakhs) STANDALONE Quarter Ended PARTICU LARS Total income from 'sp)rofiu(ioss) r;0flt/(loss) 30Sep8 30Sep8 30Sep7 UnAudited UnAudited UnAudited operatis,84338 period (before Tax Exceptial and/or Extraordinary 3 l;r0fitl( 055) 4 Total 5 perlod period after Tax(After Exceptial before tax (after Exceptial and /or Extraordinary and\or Extra ordinary Comprehensive Income period (comprising profit/(loss) period (after tax) and other comprehensive Income (after Tax) 6 Equity Share Reserves 7 6,00475,0430 (73) (6804) (4945) (73) (6804) (4945) (3973) (3656) (6947) ( 34 6 0 ) ( 6 9) ( 573 ) Capital (excluding Half Year Ended Quarter Ended Revaluati Reserve shown in the Audited Balance Sheet 6,40449 of the prevrous year) Earning Per Share(Of Rs0/ each share) 8 (for ctinuing and disctinued operati) (a)bic (80) (76) (98) (b)di uted (80) (76) (98) Note above is the SEBI available extract of the detailed format of Quarterly/ Yearly Financial Results filed with the Sck Exchanges under Regulati 33 of Requirements) Regulatis, 05 full format of the Quarterly/Yearly Financial Results are the Sck Exchange websites ie wwwbseindiacom and the company's website wwwtinnain an (Listing and Other Disclosure above results have been reviewd by the Audit Committee and approved by the Board of Direcrs at its meeting held 4th November,08 3 audirs have given a modified opini in respect of n provisi of interest amounting Rs75 Lakhs quarter September 30th, 08 required under the provisis of secti 6 of Micro, Small and Medium Enterprises Development Act, 006 in ce of payments Small, Medium and Micro vendors Company is addressing the same by necessary revisi of the credit period allowed by SME vendors Statury ended 4 In terms of Secti 33 of the Companies Act 03, Company h adopted Indian Accounting Standards (Ind A8) with effect from 0 04 07 financial results have been prepared in accordance with the above said Ind A8, with the transiti date the Ind AS being 00406 F Ofirmmnua l\ '\ = LIMITED ' Place Date New Delhi 4th November,08 (5 ifxsh i" Managinngirecr