ALUFLUORIDE lIMI'I'EDMULAGADA, MINDI, VISAKHAPATNAM - 530 012, INDIA 5mm

PHONE : 2543557, 2577077.smmmm

OHSAS mom

E-mail : contact@alufluoride.com Web : http://www.alufluoride.com

CIN - L24110AP1984PL0005096

Department of Corporate Services 10 August, 2019

M/s.Bombay Stock Exchange Ltd.

Floor 25, PJ Towers

Dalal Street

MUMBAI 400 001

Dear Sir,

Sub: Outcome of the Board Meeting under Regulation 30 of SEBI (LODR)

Regulations, 2015.

This is to inform that the Board of Directors at its meeting held today (10 August, 2019)have approved the Standalone Unaudited Financial Results for the quarter ended 30 June,

2019.

Please find enclosed copy of the Standalone Unaudited Financial Results for the quarter

ended 30 June, 2019 and Limited Review Report issued by the Statutory auditors.

The meeting of Board of Directors commenced at 11.30 AM and concluded at 2.45 PM.

This is for your kind information and records.

Thanking you,

Yours faithfully,For ALUFLUORIDE LIMITED

g/

/

V.B.RA A SARMA

Company SecretaryMS NOACSZZOSG

Factory : Mulagada Mindi, Visakhapatnam - 530 012, AP. INDIA.

AlllFlllORIDE lIMI'I'EDMULAGADA, MINDI, VISAKHAPATNAM - 530 012, INDIA

PHONE : 2548567, 2577077 'w’fi’é‘i‘i'fifiw‘"

E-mail : contact@aluf|uoride.com Web : http://www.a|ufluoride.com

ems m...

cm - L24110AP1984PLC005096

STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE, 2019

(Rs. in Laklis)

Previous

Quarter Ended Year

S.Na. Particulars Ended

30-06—2019 30-0642018 31-03—2019 31-03-2019

(Unaudited) (Unaudited) (Audited) (Audited)

Rs. Rs. Rs. Rs.

1 Income

Rwenue from operations 1,751.32 1,913. 74 1,631.81 6,551.01

Other Income 22.55 101.85 37.36 203.57

Total Income 1,773.87 2,015.59 1,669.17 6,754.58

2 Expenses

(a) Cost of materials consumed 1,051.38 864.36 978.73 3,484.28

(b) Changesin Inventories

offinished goods,

(206.57) 25451 (58.29) 163.69

work-mvprogess and stock-m-trade

(c) Employee benefit expense 141.66 99.29 137.44 434.58

(d) Finance costs 18.28 1.15 1.53 5.54

(e) Depreciation 42.57 18.93 22.50 82.22

(t) Power 8: Fuel 278.85 245.22 256.62 1,054.90

(g) Other Expenses: 79.48 103.27 130.93 437.88

Total Expenses (a) to (g) 1,405.65 1,586.73 1,469.46 5,663.09

3 Total Profit before Exceptional Items 8: Tax (1-2) 368.22 428.86 199.71 1,091.49

4 Exceptional Items __

. _

5 Total Profit before Tax (34)368-22 428-86 19971 1109149

6 Tax Expenses-

a) Provision for Current Tax 98.65 96.07 12.24 223.00

b) Deferred Tax Asset/Liability (72.61) 1.56 40.34 42.34

Total Tax Expenses 26.04 97.63 52.58 265.34

7 Net Profit for the period from continuing operations (5-6) 342-18 331-23 147-13 325-15

8 Profit] (loss) from discontinued operations.

--

-

9 Tax expense of discontinued operations- .

, -

10 Net Profit/ (loss) from discontinuing operations (after tax) (8-9) --

-,

11 Total Profit for the period (7+10) 342.18 331.23 147.13 826.15

12 Other comprehensive income net of taxes -5.05 -73.70 -8.78 (99.52)

13 Total comprehensive income for the period (11+12) 337.13 257.53 138.35 726.63

14 Paid-up Equity Share Capital 782.05 700.04 700.04 700.04

15 Face value of Equity Share Capital 10.00 10.00 10.00 10.00

15 Earnings per share (From continuing operations)

Basic 4.43 3.68 2.10 11.80

Diluted 4.43 3.29 1.88 10.56

Earnings per share (From discontinuing operations)

Basic - - - -

Diluted --

--

Earnings per share (From continuing and discontinuing

operations)

Basic 443 3.68 2.10 11.80

Diluted 4.43 3.29 1.88 10.56

Contd..2

For Alufluoride Ltd

K .

/

\fifi/V.E.RA A SARMA

Company Secretary

MS No.A0822066

Factory : Mulagada Mindi, Visakhapatnam — 530 012, AP. INDIA.

Continuation Sheet

NOTES:

1. The above results were reviewed by the Audit Committee at its meeting held on 10 August

2019 and thereafter approved by the Board of Directors at its meeting held on the same day.

The Statutory Auditors have carried out a”

Limited Review” offinancial results for the quarter

ended 30 June,2019.

2. The Company has complied with the Ind AS 116 during the quarter in respect ofthe leasehold

land taken from VPT. This change in accounting of lease rentals has resulted in reducing the

total comprehensive income for the quarter by Rs.9.02 lakhs.

3. The Company is in Inorganic Chemical Business segment.

4. Silicic Acid supply from adjacent Fertilizer Complex continues to be a problem. However, to

meet the commitments of customers, efforts are being made to procure Silicic Acid though»

expensive from other sources.

5. Segmental reporting as per Ind AS-108 issued by the ICAI is not applicable, as the Company is

engaged in manufacture of a single line of product.

6. Figures for the previous period have been regrouped, wherever necessary, to conform to the

current period's classification.

7. Pending investor’s complaints for the quarter ended 30th June, 2019 — NIL.

By Order of the Board

Place: Hyderabad VENKAT AKKINENI

Date: 10 August, 2019 MANAGING DIRECTOR

For Alufluoride Ltd

a?

%./fV.B.RA k SARMA

Company SecretaryMS No,Aoszzosa

BRAHMAYYA & CO.

W Chartered Accountants

at VIJAYAWADA, HYDERABAD, VISAKHAPATNAM, GUNTUR, KAKINADA, TANUKU

REPORT ON THE LIMITED REVIEW CARRIED OUT ON THE UNAUDITED

FINANCIAL RESULTS OF ’THE ALUFLUORIDE LIMITED, VISAKHAPATNAM FOR

THE QUARTER ENDED 30“I JUNE, 2019.

1. We have reviewed the accompanying statement of unaudited financial results of

"’THE ALUFLUORIDE LIMITED, VISAKHAPATNAM” for the quarter ended

30'h June, 2019. This statement is the responsibility of the Company’s Management

and has been approved by the Board of Directors. Our responsibility is to issue a

report on this financial statement based on our review.

2. We conducted our review in accordance with the Standard on Review Engagement

(SRE) 2410, Review of Interim Financial Information performed by the Independent Auditor

of the Entity issued by the Institute of Chartered Accountants of India. This standard

requires that we plan and perform the review to obtain moderate assurance as to

whether the financial statements are free of material misstatement. A review is

limited primarily to inquiries of company personnel and analytical procedures

applied to financial data and thus provide less assurance than an audit. We have

not performed an audit and accordingly, we do not express an audit opinion.

3. Based on our review conducted as above, nothing has come to our attention that

causes us to believe that the accompanying statement of unaudited financial results

prepared in accordance with applicable accounting standards and other recognized

accounting practices and policies for the quarter ended 30”1 June, 2019, has not

disclosed the information required to be disclosed in terms of Regulation 33 of the

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including

the manner in which it is to be disclosed, or that it contains any material

misstatement.

For BRAHMAYYA & CO.,

Chartered Accountants

(Firm Registration No. 0005138

Place: Visakhapatnam (C. V. RAMAN .

Date: 10/08/2019 Partner

Membership No.018545

D.No.1—88-19, Plot No.135/4, Sector-4, MVP Colony, VISAKHAPATNAM—530 017. A.P., INDIA.

Ph : Off : (91-891) 2755821, 2755848, E-mail : bcov5p@brahmayya.com