SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Mar 31, 2017

2. SEC Identification Number

44852

3. BIR Tax Identification No.

000-421-957-000

4. Exact name of issuer as specified in its charter

D&L INDUSTRIES, INC

5. Province, country or other jurisdiction of incorporation or organization

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

65 Industria St., Bagumbayan, Q.C. Postal Code 1110

8. Issuer's telephone number, including area code

(02) 635 0680

9. Former name or former address, and former fiscal year, if changed since last report

Not applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock, P1 par value	7,142,857,990
Amount of debt outstanding	5,010,488,823

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange; A total of 7,142,857,990 shares of common stock with par value of P1.00 each.

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

D&L Industries, Inc.DNL

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Mar 31, 2017
Currency (indicate units, if applicable)	Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2017	Dec 31, 2016
Current Assets	15,492,210,545	14,329,265,942
Total Assets	21,520,180,233	20,357,198,106
Current Liabilities	5,822,078,003	5,338,076,120
Total Liabilities	6,861,213,879	6,363,981,134
Retained Earnings/(Deficit)	4,212,228,810	3,557,409,348
Stockholders' Equity	14,658,966,353	13,993,216,972
Stockholders' Equity - Parent	14,658,966,353	13,993,216,972
Book Value per Share	2.05	1.96

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	6,255,180,663	4,615,771,021	6,255,180,663	4,615,771,021
Other Revenue	10,921,124	11,364,413	10,921,124	11,364,413
Gross Revenue	6,266,101,787	4,627,135,433	6,266,101,787	4,627,135,433
Operating Expense	(5,217,414,318)	(3,739,142,137)	(5,217,414,318)	(3,739,142,137)
Other Expense	(234,948,610)	(202,343,069)	(234,948,610)	(202,343,069)
Gross Expense	(5,452,362,929)	(3,941,485,206)	(5,452,362,929)	(3,941,485,206)
Net Income/(Loss) Before Tax	813,738,859	685,650,228	813,738,859	685,650,228
Income Tax Expense	(151,153,350)	(109,725,235)	(151,153,350)	(109,725,235)
Net Income/(Loss) After Tax	662,585,508	575,924,993	662,585,508	575,924,993
Net Income Attributable to Parent Equity Holder	662,585,508	575,924,993	662,585,508	575,924,993
Earnings/(Loss) Per Share (Basic)	0.09	0.08	0.09	0.08
Earnings/(Loss) Per Share (Diluted)	0.09	0.08	0.09	0.08

Other Relevant Information
n/a