tip s.

in

August7I,20'J.6
To,
ListingDepartment
BSELimited
P.JTowers,DalalStreet,
Fort,Mumbai- 400 001

To,
Listing Department
National Stock Exchange of India Limited
ExchangePlaza,5th Floor, Plot No. C/L,G Block
Bandra Kurla Complex,Bandra [E), Mumbai - 400 050

ScripCode:532375

Symbol:TIPSINDLTD

Subiect:Outcomeof the Board Meeting.

DearSir/ Madam,
This is to inform you that the Board of Directors of the Company in their Meeting held today i.e,
'J'1,
August
20L6 approved the Unaudited Financial Results and Limited Review Report for the
quarter endedfune 30, 20L6.
The Board Meetingcommencedat 11.30a.m.and concludedat 12.30p.m.
Kindlytake the above mentioned document on your record and oblige.
Thanking You,
Yours Faithfully,

ForTips Industries Limited

.totr

Bijal R. Patel
CompanySecretary
Encl: as above

* \,f,Fbqk;:Tj

&ffi

TIPSINDUSTRIES
LTD.
6 0 1 , D u r g a C h a m b e r s6, t h F l o o r , L i n k i n g R o a d , K h a . r( W e s t ) , " M u m b a i4 0 0 0 5 2 .
T e l . : 6 6 4 31 1 8 8 E m a i l : r e s p o n s e @ t i p s . iW
n e b s i t e: w w w t t i p s . i n
C I N : L 9 2 I 2 0 M HI 9 9 6 PL C 0 9 9 3 5 9

tips.in
Tips IndustriesLtd.

(Rupeesin locsexceptfor earningper shoredoto)

Statementof Standalone
UnauditedFinancial
Results
for the OuarterEnded30thJune2016

PARTI

Quarter Ended

Particulars

Sr.
N^

Income
b) OtherOperating
(Net)
Totallncomefrom Operations
Expenses
consumed
a)Costof materials
of stock-in-trade
b) Purchase
in inventories
offinishedgoods,work-inprogress
b) Changes
rnd

d) Depreciation

4
5
6
7

Year Ended

30.05.15
(Unauditedl

31.03.15
(Auditedl

7.672.37

3.336.99

886.00

6,844.45

L,672.37

3,336.99

886.00

6.844.45

1.09

1.40

0.16

cinrlu-in-trade

BenefitExpenses
c) Emplovees

31.03.15
lAuditedl

Incomefrom Operations
a) Net Sales/ Incomefrom Operations

30.06.16
lUnouditedl

Distribution
of films
e) Costof Production/
f) OtherExpenses
Iotal Expenses
beforeotherIncome,financecost&
ProfitFromOperations

r47.84

35.38
661.57
503.92
L.369.78
302.59

751.25
37.99
1,008.29
1,998.33
3.L96.O2
740.97

2s3.12

80.63
383.22

774.97
315.88

277.r9

1,642.07

281.38
701".84

289.s8

338.76

26.30

(61.s7)

7,260.98
381.09

101.84
20.76
20.76

26.30

(61.s7)

381.09
77.77
77.71

81.07

20.93

(51.s7)

303.39

168.91

43.74
257.53
188.68
632.88

586.22
161.39
1,921.50
2,837.59
5.508.11
7,336.34

Fvrentinnal ltems (1 - 7)

Otherlncome
beforefinancecost&
Profitfrom ordinaryactivities
Fwranfinnrl

liamc

Profitfrom ordinaryactivitiesafterfinancecost but before

lipmc

/\

- 6'l

ltems
Exceptional
Profit/(Loss)from OrdinarvActivitiesbeforetax (7 + 8)
Iax Expenses
CurrentTax
b l Excess
/ (Short)Provisions
L I Net Profit/ (Loss)from ordinaryactivitiesAfter Tax{9 - 10)
L2 ExtraOrdinaryltems(netof TaxExpenses)
1 3 Net Profit / (Loss)for the period(11 - 12)
L 4 P a i d - U oE o u i t vS h a r eC a o i t a {l R s . 1 0 / e- a c h F u l l vo a i d u p )
Revaluation
Reserves
as per balancesheet
Excluding
Reserve
15
8
9
10
al

nf

nrarrinr

30s.73

{?+41

FinanceCost
Fwronl"innal

24.06

rc zaanr tnfing

8L.O7
\,43I.87

s.36
5.35

20.93
1.506.77

(61.s7)
303.39
1.53s.86 1.506.77
5,457.41

\/o2r

1 6 ( i )EarninssPershare(beforeextraordinarvitems)
Basic& Diluted
1 6 ( i i EarningsPershare(after extraordinaryitems)
Basic& Diluted
d

0.55

0.14

(0.40)

1.98

0.55

0.14

(0.40)

1.98

TIPSINDUSTRIES
UTD.
6 0 1 , Q u r g a C h a m b e r s 6, t h F l o o r , L i n k i n g R o a d , K h a . r( W e s t ) , " M u m b a i4 A 00 5 2 .
T e l . : 6 6 4 3l l 8 8 E m a i l : r e s p o n s e @ t i p s . iW
n e b s i t e: w w w . t i p s . i n
C I N : L 9 2I 2 0 M HI 9 9 6 P L C 0 9 9 3 5 9

tip s.in
TipsIndustries
Ltd.
(Rupeesin locsexceptfor eorningper sharedoto)
Revenue,
Results,
for the qaurterended30thJune,2016
SegmentAssets& Liabilities
UnauditedSegmentwise
YearEnded
QuarterEnded
Particulars
30.06.15
30.06.15
31.03.16
31.03.16
Sr.
(Unsudited)
(Unaudited)
No.
Audited)
Audited)
t SesmentRevenue:
7,852.47
4,609.86
934.27
886.00
A u d i oP r o d u cSt a l e/s I n c o m e
Income
738.15
r,484.52
2,234.60
FilmDistribution/Production
L,672.37
from Operation
3,336.99
886.00
6,844.45
Revenue
2

SesmentResults:
Profit(+)/ Loss(-) beforeinterest& Tax
- AudioProduct
- FilmDistribution/Production
Less:lnterestINetl
CorporateExpensesnet of unallocable
Less:Unallocable
corporateincome
Profit (+)/ Loss(-) beforeTax

807.39

!,444.39

(229.s11 (929.23)
281.38
289.s8
194.66

199.28

101.84

26.30

762.04
(299.93

(1,3s0.2s

338.76
t84.92

1.260.98
885.39

(61.s7)

3,877.77

381.09

3 SesmentAssets
- AudioProduct

712.36
679.59
11,507.89 12,r04.60
5,s48.88 5 . 7 9 2 . 6 7
L7,769.t3 18,575.86

FilmDistribution/Production
- Unallocable
Corporate
Assets

Liability
Segment
- AudioProduct
- FilmDistribution/Production
Liabilities
Unallocable
Corporate
Total

55.04
140.18

54.29
574.93

rr,003.r2 r0,983.47
LL.L98.34

LL,6L2.68

431.97
72,536.78

679.59
12,104.60
s,993.83 5.792.67
L8,962.57 18,575.85

52.08
25.01
11,922.09
LL,999.L9

54.29
574.93
t0,983.47
LL,6t2.68

A
f,
TIPSINDUSTRIES
LTD
6 0 1 , D u r g a C h a m b e r s6, t h F l o o r , L i n k i n g R o a d , K h a r ( W e s t ) ,M
" u m b a i 4 0 00 5 2 .
T e l . : 6 6 4 3I 1 8 8 E m a i l : r e s p o n s e @ t i p s . iW
n e b s i t e: w w w : t i p s . i n
C I N : L 9 2I 2 O M HI 9 9 6 P L C 0
99359

tip s.in
Notes:

Theabovefinancialresultshavebeenreviewedby the AuditCommitteeand approvedby the Boardol

Directorsat there respectivemeetingheld on August11, 20t6, are subjectedto LimitedReviewby
StatutoryAuditors.

Considering
the natureof business
carriedon by the companywherebyrevenues
do not necessarily
accrueevenlyoverthe year,the resultsof the quartermay not be representative
of the resultfor the
year.As such,the resultof the currentquarteris not comparable
with the resultof corresponding
quarter.

TheCompanyoperatesin two segmentsi.e.Audio/VideoProductsand Film Production/Distributior

Rights.

Taxexpenses
havebeenprovidedbasedon the rateapplicable
for minimumalternate
tax ('MAT).The
provision
for tax (including
deferredtax)will be accounted
at the yearend basedon financial
results
for the entireyear.

The figuresof the QuarterEndedMarch 3L, 20!6, are the balancingfiguresbetweenthe audited
figuresin respectof full financial
yearandthe published
yearto datefiguresuptothe thirdquarterol
year.
the relevent
financial

Duringthe quarterendedJune30, 201"6,

the Companyhad receivedCentralGovernment
approva
with respectto managerial
remuneration
to be paidfor the periodJune1, 2015to May 31, 2018
Differential
Managerial
Remmuneration
for the periodJune1, 2015to March3L,201.6
is accounted
ir
the currentquarter.

In accordance
with the provisionsof the CompaniesAct, 2013 and pursuantto the public
announcements
for the buy-backmadeby the Companyon November18,20L5and May 26,2016,
The Buy-backoffer commencedon November26,2015and closedon May 25,201,6.Under
the buybackoffer, duringthe quarterendedJune30, 2016,the Companyhas bought back7,49,023
equity
sharesfor consideration
of Rs.471lacs.(excluding
brokerage,
transactional
chargesand taxes).In
totality, the Company has bought back L0,39,981Equity Sharesfrom the open market for
consideration
of Rs.652lacs(excluding
brokerage,
transactional
chargesand taxes).All the shares
bought-have
beenextinguished
and the requisitereturnsfor completionof buybackwere filed with
the Securities
Exchange
Boardof lndia(SEBI)/Stock
Exchanges
andthe Registrar
of Companies.

The Previousperiod's/ Year'sfigureshavebeenregrouped/ rearranged

wherevernecessary
to make
it comparable
with the currentperiod.

P l a c eM
: umbai
Date : August11,2076

)'t"t/
'
>
\t ^flrr
t"
I

KumarSTaurani
Chairman
& Managing
Director

TIPSINDUSTRIES
LTD.
6 0 1 , D u r g a C h a m b e r s6, t h F l o o r , L i n k i n g R o a d , K h a r ( W e s t ) , " M u m b a i 4 0 0 0 5 2 .
T e l . : 6 6 4 31 1 8 8 E m a i l : r e s p o n s e @ t i p s . iW
n e b s i t e: w w w . t i p s . i n
C I N : L 9 2I 2 O M HI 9 9 6 P L C 0 9 9539

SSPA& ASSOCIATES
Accountants
Chartered
lst Floor," Arjun", Plot No. 6 A,
V. P. Road,Andheri (W),
Mumbai - 400058.INDIA.
Tel. :91 (22)26704376
9r (22) 26703682
Fax:91 (22)26703916
Website:rnvw.sspa.in

LimitedReviewReport
ReviewReportto,
To the BoardDirectorsof
TipsIndustriesLimited

L . We have audited the accompanyingstatementof unauditedfinancialresultsof Tips

Industries
Limited(hereafterreferredas'the Company')
for the quarterendedJune30,2016
('the statement').Thisstatementis the responsibility
of the Company'sManagementand
hasbeenapprovedby the Boardof Directors.
Our responsibility
is to issuea reporton these
financialstatementbasedon our review.
(SRE)
2 . We conductedour reviewin accordance
with the Standardon ReviewEngagement
2400, Engogeme.ntsto Review FinanciolStatement issued by Institute of Chartered
Accountants
of India.Thisstandardrequiresthat we planand performthe reviewto obtain
moderate assuranceas to whether the financial statements are free of material
misstatement.
A reviewis limitedprimarilyto inquiriesof companypersonneland analytical
p r o c e d u r easp p l i e dt o f i n a n c i adl a t aa n dt h u sp r o v i d e lse s sa s s u r a n ct e
h a na n a u d i t W
. ehave
not performedan audit and accordingly,
we do not expressan auditopinion.

3 . Basedon our reviewconductedas above,nothinghascometo our attentionthat causesus

to believe that accompanyingstatement of unaudited financial results prepared in
accordance
with applicable
practices
accounting
standards
and other recognized
accounting
policies
and
has not disclosed the informationrequiredto be disclosedin terms of
Regulation33 of the SEBI(ListingObligations
and DisclosureRequirements)
Regulations,
2 0 L 5i n c l u d i n gt h e m a n n e ri n w h i c h i t i s t o b e d i s c l o s e do,r t h a t i t c o n t a i n sa n y m a t e r i a l
misstatement.

ForSSPA
& Associates
Chartered
Accountants
FirmRegistration
No.131069W

Pa

S.V.-L

Parag
SVed
Par tner
Membership
No:102432
P l a c eM
: umbai
Date: Augusttt,201.6