J

Tamil Nadu Newsprint and Papers Limited (A Govt. of Tamil Nadu Enterprise) Regd. Office: 67, Mount Road, Guindy, Chennai 600 032 Phone: (91) (044) 22301094-97,22354415-16 Fax: 22350834 & 22354614 Web: www.tnpl.com Email: [email protected], [email protected] TNPL - The Corporate

Identity

L22121TN1979PLC007799

Dated: July 28, 2016

TNPLISHARES/1 (2&3)/16 To BSE Limited (BSE) Corporate Relationship Department Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street Mumbai- 400001

Sub:

Number:

& 18

To National Stock Exchange of India Limited NSE) Listing Department Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Unaudited Financial Results for the quarter ended 30.06.2016

The Board of Directors of the Company at their meeting held today, i.e. on 28.07.2016 has approved the Unaudited Financial Results (Standalone) for the quarter ended 30.06.2016. A copy of the approved Unaudited Financial Results (Standalone) for the quarter ended 30.06.2016 alongwith Limited Review Report of MIs Raman Associate, Statutory Auditors of our company is enclosed herewith in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A copy of the Press Release for the said Unaudited Financial Results (Standalone) is also enclosed herewith. Necessary arrangements have been made for publication of the Results in newspapers as stipulated under the said regulations. Thanking you, Yours faithfully, For TAMIL NADU NEWSPRINT AND PAPERS LIMITED

ILCuf\d) COMPANY SECRETARY Encl : ala

Factory:

Kagithapuram-639

136, Karur District, Phone:

04324-277001

to 277017 Fax: (91) 04324-277025

TNPL - Maker of bagasse based eco-friendly

to 277029

paper

-----~-

TAMIL NADU NEWSPRINT Regd. Office:

"

AND PAPERS

67, MOUNT ROAD, GUINDY,CHENNAI

LIMITED

- 600 032. Web: www.tnpl.com.

SEGMENT WISE REVENUE,

CIN:L22121TN1979PLC007799 STATEMENT

OF UNAUDITED

FINANCIAL

RESULTS

FOR THE QUARTER

1. Income from Operations a) Net Salesllncome from Operations (Net of Excise Duty) b) Other Operating Income Total Income from Operations (Net) (a+b) 2. a) b) c)

Expenses Purchase I Materials consumed Purchase of stock in trade Changes in Inventories of Finished goods, Work-in-progress and Stock in trade d) Employee Benefit Expenses e) Depreciation and Amortisation Expenses f) Power, Fuel and Water Charges g) Repairs and Maintenance h) Other Expenses Total Expenses 3. Profit from Operations before Other Income, finance cost & exceptional items (1-2) 4. Other Income 5. Profit from ordinary activities before finance costs and exceptional items (3+4) 6. Finance Costs 7. Profit from ordinary activities after finance costs but before exceptional items (5-6) 8. Exceptional Items 9. Profit from Ordinary activities before tax ( 7 -8) 10.T ax expense 11. Net Profit for the period (9-10) 12. Extraordinary Items (net of tax expenses) 13. Net Profit for the period (11 - 12) 14.0ther Comprehensive Income ( Net of tax) 15.Total Comprehensive Income (13+14)

16. Paid-up Share Capital (Face value:

Rs.101-per share)

17. Earnings per share (of Rs I Share) (not annualised) - Basic and Diluted EPS

AND CAPITAL

EMPLOYED

ENDED 30th JUNE 2016

~ in Crore

ENDED 30th JUNE, 2016

Quarter ended 30.06.2016 I 30.06.2015 (Unaudited)

Particulars

RESULTS

FOR THE QUARTER

744.84 11.58 756.42

225.65 49.41 27.07 63.29 46.39 125.43 39.67 45.95 622.86 133.56 8.73 142.29 64.60 77.69 77.69 8.18 69.51 0.00 69.51 1.01 70.52

69.21

10.04

Quarter ended 30.06.2016 30.06.2015 (Unaudited)

Particulars

A) Primary Segments 1 Segment Revenue 639.02 a) Paper & Paperboard 8.61 b) Energy 647.63 c) Cement Sub-Total Less:lnter Segment revenue Net Sales I Income from Operations 2 Segment Results (Profit (+) I Loss (-) 41.69 before tax and Interest) 48.73 a) Paper & Paperboard 36.32 b) Energy 103.73 c) Cement 37.57 37.31 Sub-Total 548.40 Less: i) Interest ii) Other unallocable expenditure 99.23 net of unallocable income 4.24 Profit from Ordinary Activities before Tax 3 Capital Employed (Segment Assets 103.47 Segment Liabilities) 37.09 a) Paper & Paperboard 66.38 b) Energy c) Cement 66.38 d) Other Unallocable Liabilities (Net) 14.13 52.25 0.00 Total Capital Employed 52.25 B) Secondary Segments (8.82) 1 Segment Revenue 43.43 a) Paper & Paperboard India Rest of the World Sub Total 69.21 b) Energy sold within India c) Cement sold within India 184.14 58.91

7.55

Total (a) + (b) + (c) Less:lnter-Segment Revenue Net Sales I Income from Operations

738.86 65.68 23.96

608.75 77.98

828.50 83.66 744.84

710.40 71.38 639.02

141.75 0.62 3.65

103.44

23.67

2.75 4.00

146.02 64.60

110.19 37.09

3.73 77.69

6.72 66.38

3994.17 333.17 139.87 (795.59)

3338.99 348.88 93.34 (748.69)

3671.62

3032.52

618.22 120.64 738.86 65.68 23.96

525.38 83.37 608.75 77.98

828.50 83.66 744.84

710.40 71.38 639.02

23.67

For and on behalf of the board

fj-J..~ C V SANKAR, IAS CHAIRMAN AND MANAGING DIRECTOR

Notes: 1) The company has adopted Ind AS (Indian Accounting Standards) w.e.f 1st April,2016.Accordingly the corresponding quarterly result of the previous year is restated.The reconcilation of net profit as per Ind AS and previous IGAAP ("Accounting Standard" for the quarter ended June 2015 is given below ~ in Crore Quarter Ended Particulars 30.06.2015 (1) Net profit as per Previous Indian GAAP 51.64 0.49 (2) Fair Valuation of derivative Financial Instruments (3) Fair valuation of Biological Assets upon transition 0.28 (4) Fair valuation impact of interest free deposits (0.04) (5) Decommissioning Liability (0.01 ) (6) Impact of Deferred tax (0.12) (7) Impact of straight-lining of lease rental (0.00) (8) Net profit before OCI as per Ind AS (1+7) 52.25 (9) Other comprehensive Income (8.82) (10) Total Comprehensive Income as per Ind AS (8+9) 43.43 2) The above unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on 28.07.2016 and Limited Review of the same has been carried out by the Statutory Auditors. The Ind AS Compliant Financial Result pertaining to quarter ended June-15 has not been subjected to limited review. However, the management has exercised necessary due diligence to ensure that the financial result provide a true and fair view of its affairs. 3) The figures for the previous period have been regrouped /restated, wherever necessary.

For and on behalf of the board Place: Chennai -32 Date: 28th July,2016.

"..j\r""

-,.-.

.9 C V SANKAR, IAS CHAIRMAN AND MANAGING DIRECTOR

rr=A) RAMAN ASSOCIATE ~

Telephone : 091 - 044-24996255 Tele Fax: 091 - 044-24717337 E-mail: [email protected] [email protected]

Chartered Accountants H.O. : 13, Luz Avenue,

Mylapore, Chenhai - 600 004.

Limited

Review Report on the Unaudited

Standalone

Financial

ended 30th June 2016

Results for the Quarter

The Board of Directors Tamil Nadu Newsprint and Papers Limited Chennai - 600 032

1.

We have reviewed Papers Limited the requirement modified

the accompanying

["the

Company"]

of Regulation

by Circular

2.

We conducted

assurance as to whether

accompanying

generally SEBI

accepted

conducted

of unaudited

dated 5

th

Disclosure

the Standard Auditor

July- 2016. Our

A review

is limited

[SRE] 2410,

issued by the Institute

the review

data and thus provide

has come to our attention

financial

results prepared

133 of the Companies

Requirements]

July 2016, including

to obtain

primarily

moderate

to inquiries

of

less assurance than an audit.

required

that

causes us to believe

in accordance

Act,

accounting

to be disclosed in terms of Regulation

Regulations,

2015

as

7317. 091-01/.1/.-21/.801097

C/'(JIf1ll6IfMIII : 091-01/.11111-222697

that

with the applicable

2013 and other

modified

the manner in which it is to be disclosed,

6226. 091-041/.-2471

7>1f"6Ifl6"~ : 091-080-22280871/.

of the

Engagement

of the Entity",

Chennai, 28th July 2016

: 0!N-044-247'f

2015 as

held on 28

on Review

misstatement.

C/'~""lfl

Regulations, responsibility th

at their meeting

misstatement.

in India, has not disclosed the information and

is the

we do not express an audit opinion.

nothing

Section

Requirements]

that we plan and perform

applied to financial

standalone

under

with

by the Independent

is free of material

as above,

prescribed

Obligations

CIR/CFD/FACl6212016, material

and Disclosure

and

by the Company pursuant to

based on our review.

performed

procedures

results of Tamil Nadu Newsprint

being submitted

5th July 2016. This Statement

in accordance

an audit and, accordingly,

Statement

Standards

[Listing

Information

and analytical

Based on our review

Obligations

dated

of India. This Standard requires the Statement

We have not performed

Accounting

33 of the SEBI [Listing

of the Statement

Financial

Accountants

Company personnel

financial

and has been approved by the Board of Directors

our review

"Review of Interim

standalone

ended June 30, 2016,

is to issue a report on the Statement

of Chartered

3.

of unaudited

No. CIR/CFD/FACl62/2016,

Company's Management responsibility

statement

for the quarter

by

the

Indian

principles 33 of the

Circular

No.

or that it contains any

TAMIL NADU NEWSPRINT AND PAPERS LIMITED PRESS RELEASE DATED 28th JULY 2016 TNPL Q1 Profit up by 33%

TNPL reported turnover 2016,

of

~ 744.84

Crore for the quarter ended

up by 16.56 % against ~639.02

Crore in the corresponding

so"

June

quarter of

the previous year.

Profit before Tax (PST) is ~ 77.69 year. ~46.39

Crore

Crore against ~ 66.38

has been provided

for depreciation

Crore in the previous & amortization

and

~ 64.60 Crore for finance charges. Profit after Tax (PAT) is ~ 69.51 Crore against ~ 52.25 Crore in the previous year, 'a growth of 33%.

Printing & Writing Paper production during the quarter was 95956 Mts and Sales was 116003 Mts. Paperboard paperboard

product

gradually stepped up.

production during the quarter was 24584

is well accepted

in the market

and production

Mts. The is being