NMDC : Unaudited Financial Results and Limited Review Report for the second quarter and half year ended September 30,2016

NMDC

it fti'e:s

(1l'Rff mR cfiT ) (A GOVT.OFINDIA ENTERPRISE)

· · f.P. 1,cF!', W-3-311ft(, ' 1,ffil t,F. flTG- 500 028.

m

Reqd Office . ·KharnJ Bhavari' 10-3-311/A. Castle Hills. MRsab Tank, Hyderanad • 500 028

tft:'ffA .:u:n i Corpomtp !dent1ty ·ucnbt:r l13100AP1958 GO! OOHF4

No. 18{1)/2008- Sectt December 09, 2016

I .- - - -

j 1)The BSE Limited

Phiroze Jeejeebhoy Towers,

! Dalal Street, Mumbai- 400001

'

.,

2 ) Na t iona l Stock Exchange of India Ltd .,

Excha nge Plaza, C- 1, Block G,

Sandra Ku rla Complex ,

i

l- ---- ---- - - j

, 3) The Calcutta Stock Excha nge

I limited, 7, Lyons Range,

Bandra (E), M u mbai - 400 051

l. _.Kol ka ta 7000_0 _

Dear Sir I Madam.

I

Sub: U naudited Fina ncial Results and Limited Review Report for the second quarter and half yea r ended September 30, 2016

Ref: Regulation 33 of SEBI (Listing Obligations and Disclosure Requi rem ents) Regulations, 2015; Security ID:N MDC

The Board of Directors of the Company at its meeting held on Friday the December 09, 2016, inter-alia, considered and approved the Unaudited Financial ResL1lts of the Company for the second quarter and half year ended September 30, 2016 along with segment information.

A copy of the following are enclosed pursuanl to RegL.lation 33 of SEBI (Listing Obligations

and Disc losure Requirements) Regulations. 2015;

l. Unaudited Financial Results of the Company tor the second quarter and half year ended September 30, 2016 along with segment information duly signed by Director (Finance), flMDC Limited.

1. Limited Review Report of the Statutory Auditor on the Unaudited Financial Results of

   the Company for tile period encled Septembe, 30. 2016 Please take the above information on record.

   Thanking you

   Encl: As above

   J

   Yours faithfully, F,or NMDC Limited

   A S Pard ha Saradhi

   Company Secretary

   xrn I PHONES · 23538713·21 (9 linesi. 23538723, 23538767 lllI Fax : +91-40·23538711,

   {q-,;i I E·rnail. hots1P1nmctc.co.in fl / Wcbsi!P. : www. nrndc.co.in

   -q;f '(fi{ttm ro1lleg ('•m:ct ) NMDC Limited

   ( A GOVT.OF INDIA ENTERPRISE}

   •

   ctitll f q . ' vl 'lfiR', 10.3.mflZ.

   . . q'- 500 028.

   Regd. Office : 'Khanij Bhavan' 10-3-311/A.

   Castle Hills, Masab Tank, Hyderabad-500 028.

   CIN L13 100AP1958 GOI 001674

   STATEMENT OF UNAUDITED FINANCIAL RESULTS (STANDALONE) FOR THE QUARTER EN EDJ

   [30/09/2016 ·(Ind-AS compliant)

   l

   -· -------···------·-·--·----------····--·· -· -------

   -=- v·--

   r:;, ;···-

   Rus in crore

   ----1 . ·-

   Half Year Ended

   Particulars

2. Income from operations

3. Quarter Ended-----·

   ---- :e_:§.. 30-Jun- 16·-30-Sep-15 30-Sep-16 30-Sep-15

   I

   (a) Sales/Income from Operations 15 . 1,720.65 1,602.59 31159.80 3,407.87 {b) Other Operating Income 1.6030J·.-4··/rr'·1.62 Total Income from Operations · 2. Expenses (a) Consumption of raw materials 2.i2 3.10 ' 2.04 5 22 3.06
   (b) Consumption of Stores & Spares		57.07 .	45.65	_so.68,	1 2 72	10587
   (c) Changes in inventories cifinished goods and work -in- progress		107.4'!	35.71	t94 .171	1·+3.12	19 00
   (d) Employee Benefit expense	168.80	159.86	171.61	338.66	339.84
   (e) Royalty and Other Levies	171.41	318.16 I	322.70	489.57	487.08
   (0 Selling Exps incl. Freight out	127.08	149.89	19.28	276.97	35.30
   (g) Depreciation and Arnortisaiion	.	54 43 ·	55.9!	52.86	110.40	94.05
   (h) Other Expenses	I	219_42 J	18185 ····	-- 226.88--- ...	···-461 .27 -----

   ·

   l 413.45

   Total expenses

4. Profit frorn operaiions :)efore Other Income. finance cost & exceptional items (1·2) :

   , 771 4' , 760.:i 851 18 1 87 1911 J

   != 6- .19 - Cill193 ,49 .66 ,

   1

   I

   273 49	345.	I
   1,044 .90	1,105.63

   .05 618.66 934.7733 1

5. Other Income

6. Prom from ordinary activities b0fore finance cosis and exceptionalitems (3+4) :

1. Finance cost

   1.47 8.14

   436

   1,281.23 2, 150.53 2,846.56 .

   9.61	0.52
   2.140 92	2,845.04
   15.36
   2,140.92	2,830.68
   558.82	998.64

   -

2. Profit from ordinary activities after

finance costs but before exceptional items (5 6) ·

1,04343

1,097 .19

1.287 1.3

1. Exceptional Items

2. Profit from ordinary activities before Tax (7-8)

   .87

   1,04;,431 1,09,:49 1,,;;.36

3. Tax expense

   1

   27267

   386.15 455,//.

   .65 1,482.10 1.832.04

4. Net Profit from ordinary activities after tax (9 -10)

"°:" I '1U' "' !

1. Ex traordinary Items (net of tax expense )

2. Net Profit for the period (11-12) :

3. . Other Comprehensive incomei(Expenses) (net of Income Tax)

4. Total Comprehensive Income {13+14)

----

- - --

,770.76 711.34 _86.65 1,4a2.1o_ 1,832.0_i_

1 (6.3 (7.01) (5 07) (13.31) (10.73)

46 704.33 811.58 1,468.79 1,821.31

-·-·

16. Paid-up Equity Share Capital

1

17. Face value per share ( Rei

I ": . "::I

.17 396.47 396.47

39;.00 1.00 1.00

18 EPS

for the pcnoct (Rs ) Has•c and 01lu!ecl

J I

before and alter extraordinary items L-1 94 ! 1_!9 2 06 3.744.62

'------· __.,...... _ • _ L (Not Annualised) -__

f PHONES : 23538713-21 (9 Lines). 23538723, 23538767 tnI Fax :+91 40-23538711,

t- I E mail:hots@nmdc.co.in f Website :www.nmdc.co.in

.:,qqft f#1Ptt.:s

NMDC Limited

-2-

vfm' fflc

Contn. Sheet

Segment wise Revenue, Results and Capital Employed for the Quarter ended 30/09/2016 (Ind-AS compliant)

_

--- ·· ·····--···-···- -·····-............. -----···-·-

Rupees in crore

Particulars _ ___

Quarter Ended Half Year Ended

---·-· ..,.._,..

30-Sep-16 30-Jun-16 30-Sep-15 30-Sep-16,, 30-Sep-15

----

Un-audited Un-audited Un-audited Un-audited Un-audited

(IV)_

- -""-··-·-..··--..··-·-- ··----- --

-- ( I ) .....•. ............................ ........._. .. {I_!_)

(Ill) (V) (VI)

1. Segment Revenue

   (net sale /income from each segment)

   a) Iron Ore 1,706 42 1,702.06 1,569.98 3.408.48 3.357 66

   b) Other Minerals & Services .,.3....,2._.,._7, 3

   -·---

   18.59 33.08 51.32 51.83

   Total1,739 15 1.720.65 1.60306 3,459.80 3.409 49

   Less: Inter segment revenue

   ---"-··-····-·-·-------- - -

   - - -

   --

   Net Sales I Income from Operations 1,739.15 1,720.65 _J_,603.Q_-- 3,459.80 3,409.49

2. ment Result

   (profit (+) !loss (-i before tax

   and interest from each segrncrt)

   a) Iron Ore 749.75 868.38 905.32 1,618.13 2,023.91

   b) Other Minerals & Services	___, J2 5Q	l._ _@:?_ }	(54	(8.72)	(4.96)
   Total	747.25	862.16	899.83	1,609.41	2,018.95
   Less: Finance Cost	1.47	8.14	9.61	0.52

   Add : Other unallocable ,ncomo net off

   I 297.65 243.47 37204 541.12 812.25

   unallocable expenditure !

   Total Profit Before Tax

   (incl discontinued operations)

3. Segment assets

   i---------------------·-··· ·· ·-·-··--·-- ·---- ·---· ------·-

   __ 1,043.43 1,097.49 1,271.87 2,140.92 -2· ,830.68

   I

   a) Iron Ore 5,538.04 5,576.16 5.72946 I 5.538 04 5,729.46

   147.76	154 .24 I	196.11	147.76	196.11
   27 95$ 82 v	26,807.64 i	31.12153	27,958.82	31,121.53

4. Other Minerals & Services

5. Unallocated

   -·--··-·--·-··--·-···

   -·-•w

   . _}_ 44.62 33,644.62 37,047.1_

   Total 32,538.04 37,047.10

   --·· ··-···--·--··-··-··-·-··

6. Se.9.11e1 nt Liabil iti es

   Total

7. Ca(;!ital El}lgloyod

8. -------

   .

   a) Iron Ore	1.220 98	1.110 17	1,079 51	1,220.98	1,079.51
   b) Other Minerals & Services	16.06	14.52	1692	16.06	16.92
   c) UnallocateQ___	8,316.09	479.71	1,616.55	8,316.09	1,616.55

   r--"-·--

   9,553.13 _ 1,604.40 _ ·- 2 ,712.98_ -- ·553.13 2,712.98

   a) iron Ore	4.317.06	4,465 99	4,649.95	4 ,317.06	4,649.95
   b) Other Minerals & Services	131.70	139.72	179.19	131.70	179.19
   ----···· ....... ..........-.........._... ...._ c) Unallocated	19,64273	26.327.93	29,504 98	19,642.73	29,504.98
   Total 24.091.49 30,933.64			34,334.12	24,091.49	34,334.12

   (Segment assets-Segment Liabilities)

   -- "· - - -·-··- • -...................... -·.. •·¥····--·- -·-- - -- -- -, ------·-

   Contd ..3

   q;,..!l flleg

   NMDC Limited

   me

   Contn. Sheet

   =J ::" -- =-= --- --

   STATEMENT OF ASSETS AND LIABILITIES (Ind-AS Compliant)

   Rs. in crore

   -1-.._-_AJ_sIi ;;;:; .

   I 1;;--=,.,,m ""I

   I

   ; aj Property. P,ant and 0

   j b) Capital work -in progress

   10,63? 03

   l

   i ,·c) 1n_tan91bh, assetfi

   di r,nanc,a' assets

   1) lnvestmcrts

   ! i 1i) l.oans

   i lei Ot11er nr,n c,wcnl assets

   I Sub-total Non-current assets

   ;;;iii; ''"""

   75 1 51

   730 ,19

   !93 59

   1.8/? '16

   15.870.20

   486.67

   ?.,110 02

   i:

   11) Cash and cast,eqrnvalcnts (')

   ,,,; Bank balances other tnan aoove

   iv) 01hcrs

   ci Current Iax /ssots(ncti

   I

   dJ Other r.wrcnt assets

   - oc':cntassct --

   I

   ----1--·..

   I

   ---·- -·- ··_...,

   /,6P.7 45

   6,379 86

   ao

   330 ""

   053

   1/5 88

   17,774.42

   I

   I {8)

   ·oTAt --A SSET-S-

   EQUITY AND LIAl'llLTIES

   I1) Equity

   ' a) I.qu1ty Share Capita:{..')

   t>) Omer l.qu,ly ")

   ..-... -·--- ------..i....--·--------- ...

   33,644.62

   396. I I

   23 551 72 ·

   I

9. LiabilittCS

   Ii) Non--current Liabilities

10. Fina,1ciat l,abihuos

11. ,, rrade Payables

    - --=- .-=- -=I

    I

    JI

    _ 24,047 . 69

    i1j Other fin;,nc,al iiab!i1t,es

    .

    Ib} Provisions

    c) Deferred tax liab1l1Ucs(net)

    I'fib-! tNon-curren! i;°abiitic -:·_

    ii) Current Liabilities

12. r,nanc,a; 1. abititics

13. t radc Payables

14. 11j Other financ,i:ll h«t)ilit,os ( ••1

    bl Other curr!?ni hat 1l11ics

    c) Prov,s,on

    1

    1 b- otal ·Cumint liabii cs_

    i

    -

    L_ TOT,..A_ L • EQUITY AND 1.11BII.ITlf- S

    -.-.------- - J ...-

    - ..

    . . -· - --

    38 54

    367 40

    43 67

    449.61 ,

    308 79

    6.4Si Hl

    3?'1.'19

    5! 36

    9.147.32

    33.644.62 I

    (') Includes Considerat,riowards Ruyl>ack of Snares of the company for R5. 7,o'J.7 16 er

    ('·) lflr.r reduction of Other 1.qu,ty 1owaras Cons;dcralion of Buyback liability cf Rs ?.:.?.,76 er and included "' !he Ot>ier r,nanc,a! t.1ab1lmcs

    ("") The process for tuyb;;ck has been completed on 1Ot11 Od 2016. consequently. the

    Eqwty share Cap11al siands reduced to l{s 316 39 er as on date of reporting

    Contd A