Interlink Petroleum Ltd.
Home    Profile    Contact

  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
  • Interlink Petroleum Ltd.
Latest Quarterly Reports



INTERLINK PETROLEUM LIMITED
Regd Office:  105, FIRST FLOOR, SOUTH EX PLAZA-I, 389-A, MASJID MOTH, SOUTH EXTN. PART-II, NEW DELHI-110049
Tel: +91 11 46035037, Fax: +91 11 40529067 Email: info@interlinkpetroleum.com,
Website: www.interlinkpetroleum.com, CIN: L23209DL1991PLC219214
        (Rs. in Lakhs)
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2016
     
QUARTER ENDED
Sl. No.
Particulars
30-Jun-2016 30-Jun-2015
Unaudited Unaudited
1
Income from operations
   
 
(a)
Net Sales / Income from Operations (Net of excise duty)
0.00 0.00
 
(b)
Other Operating Income
73.01 63.46
 
Total income from operations (Net)
73.01 63.46
2.
Expenses
   
(a)
Cost of Materials consumed
0.00 0.00
(b)
Purchase of stock-in-trade
0.00 0.00
(c)
Change in inventories of finished goods,WIP and Stock in trade
0.00 0.00
(d)
Employees benefits expense
8.29 19.42
(e)
Depreciation and amortisation expense
93.93 9.68
(f)
Other expenditure
17.31 18.40
Total expenses
119.53 47.50
3.
Profit / (Loss) from Operations before Other Income, finance cost and  Exceptional Items ( 1-2 )
(46.52) 15.96
4.
Other Income
0.00 0.00
5.
Profit / (Loss) from ordinary activities before finance cost and exceptional items ( 3+4 )
(46.52) 15.96
6.
Finance Costs
8.62 132.94
7.
Profit / (Loss) from ordinary activities after finance cost but before exceptional items ( 5-6 )
(55.14) (116.98)
8.
Exceptional items
1493.42 0.00
9.
Profit (+) / Loss (-) from ordinary activities before tax (7-8)
(1548.56) (116.98)
10.
Tax Expense
0.00 0.00
11.
Net Profit / (Loss) from ordinary activities after tax (9-10)
(1548.56) (116.98)
12.
Extraordinary items (net of tax expenses)
0.00 0.00
13.
Net Profit / (Loss) for the period (11-12)
(1548.56) (116.98)
14
Other Comprehensive Income (Net of Tax)
0.00 0.00
15.
Total Comprehensive Income (13+14)
(1548.56) (116.98)
16
Paid-up Equity Share Capital (Face Value the share of is Rs. 10/- each)
2492.12 2492.12
17
Earning Per Share (Face Value of the Share is Rs.10/-each)(not annualised) in Rs.
   
a)
Basic
(6.21) (0.47)
b)
Diluted
(6.21) (0.47)

Notes :
  1. The above results and notes thereto have been reviewed and recommended for adoption by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 5th Setember, 2016.
  2. The Company has only one reportable segment of Crude Oil & Natural Gas.
  3. The Company has voluntarily adoted Indian Accounting Standard ("Ind AS") from 1st April, 2016 and accordingly, these financial results have been prepared in accordence with Ind AS notified by MCA under sectiom 133 of the Companies Act, 2013, raed with relevant rules issued thereunder. Thr date of transition is 1st April, 2015.
  4. The financial results for the quarter ended June 30, 2015 are also Ind AS compliant. The management has exercised necessary due diligence to ensure that the financial results give a true and fair view. The financial results for the quarter ended June 30, 2015 have not been audited/reviewed by the Auditors of the Company.
  5. By virtue of ECB agreement, the lender has an option to convert the outstanding exposure of borrowings into Equity Shares in case of non repayment. Since the company is not in capasity to repay the same, the lender has desired to convert the ECB into Equity Shares.
  6. Consequent to the transfer and assignment of Baola & Modhera Fields to the Sun Petrochemicals Private Limited, all assets, stores and capital work in progress lying at fields has been fully depreciated/written off being zero realizable value.
  7. Consequent to the waiver of Interest on ECB by the Promoter, no interest has been provided on ECB for the period from 1st April, 2016 to 30th June, 2016.
  8. Reconciliation of net profit after tax as previously reorted under Indian GAAP and Ind AS for the quarter ended 30th June, 2015:
    Sr. No. Particulars Amount
    1 Net Profit / (Loss) for the period under Previous Indian GAAP (116.98)
    2 Difference due to Ind AS 0.00
    3 Total Comprehensive Income under Ind AS (116.98)
  9. Previous period figures have been regrouped and rearranged whereever necessary to make them comparable with current period.
On behalf of the Board For Interlink Petroleum Ltd.
PLACE : Delhi
DATE : 5th September, 2016
Vijay Misra
Chairman & Managing Director






Copyright © Interlink Petroleum Ltd., All Rights Reserved.