May 30, 2016

The Deputy Manager

Dept. of Corporate Services
BSE Limited
P. J. Towers, Dalal Street, Fort
Mumbai 400 001

The Company Secretary

The Calcutta Stock Exchange Association Ltd.
7, Lyons Range
Kolkata-700 001

Ref : Scrip Code BSE 539123, CSE-10032008

Sub: Submission of Q-IV Results along with Audit Report
Respected Sir or Madam,
With reference to the above and in compliance with Regulation 33(3) of SEBI (LODR) Regulations, 2015,
we are enclosing with this letter, Audited Financial Results for the 4th quarter and Year ended on 31st March
2016 together with Audit Report by Statutory Auditors.
Kindly take the same on your record & oblige.
This is for the information of Members.

Thanking You,
Yours Faithfully,
For V. B. INDUSTRIES LIMITED

VIKASH KOTHARI
DIN : 06823998
MANAGING DIRECTOR
Enclosed : a/a

V. B. INDUSTRIES LIMITED
Regd. Office : 9, Old China Bazar Street, 5th Floor, Room No 85, Kolkata 700001
CIN: L51909WB1982PLC035222, Email: vbindustries1@gmail.com, website: www.vbindustries.in
Statement of Audited Financial Results for the Quarter & Year ended 31st March 2016
Rs. in Lacs

Particulars
Sr.
No.
1 Income from Operations
a) Net Sales/Income from Operations
b) Other Operating Income
Total Income from Operations (Net)
2 Expenses
(a) Cost of Material Consumed
(b) Purchases of Stock-in-trade
(c) Changes in Inventories of Finished Goods, Work-in-Progress and
Stock-in-Trade

3
4
5
6
7
8
9

3 Months
ended
31.03.2016
Audited*
4,944.66
53.68
4,998.34
-

Preceding 3
Corresponding
Months ended 3 Months ended
31.12.2015
31.03.2015
Un-Audited
3,273.82
10.00
3,283.82
-

Audited*
2,243.65
(0.09)
2,243.56
-

Year to date
figures as on
31.03.2016

Year to date
figures as on
31.03.2015

Audited

Audited

14,389.75
111.68
14,501.43

2,333.65
38.91
2,372.56

6,457.26

152.75

5,085.64
4.51
0.94
2.64
5,093.73

3,241.21
3.50
0.11
3.05
3,247.87

2,248.65
1.09
0.18
1.03
2,250.95

7,969.54
13.51
1.27
15.79
14,457.37

2,180.90
8.79
1.48
7.78
2,351.70

(95.39)
-

35.95
-

(7.39)
-

44.06
-

20.86
-

Profit/(Loss) from ordinary activities before finance costs and

exceptional items (3+4)
Finance Costs

(95.39)
-

35.95
-

(7.39)
-

44.06
-

20.86
-

Profit/(Loss) from ordinary activities after finance cost but before

exceptional items (3+4)
Exceptional Items

(95.39)
-

35.95
-

(7.39)
-

44.06
-

20.86
-

(95.39)
13.68

35.95

(7.39)
6.42

44.06
13.68

20.86
6.62

(109.07)

35.95

(13.81)

30.38

14.24

(13.81)
1,310.80

0.27
30.11
1,310.80

14.24
1,310.80

8,651.39

8,621.27

(d) Employees Benefit Expenses

(e) Depreciation & Amortization Expenses
(f) Other Expenses
Total Expenses
Profit/(Loss) from Operations before other Income, finance cost
and exceptional Expenses (1-2)
Other Income/(Loss)

Profit(+)/Loss(-) from ordinary activities before Tax (7-8)

10 Tax Expense
11 Profit(+)/Loss(-) from ordinary activities after Tax (9-10)
Lac)
12 Extra Ordinary Items (Net of Tax Expense of Rs.
13 Net Profit (+)/Loss(-) for the period (11-12)
14 Paid-up Equity Share Capital (Face Value of Rs. 10/- each)

0.27
(109.34)
1,310.80

35.95
1,310.80

15 Reserves excluding revaluation Reserves as per last Balance Sheet

Earning Per Share (before extra-ordinary items) of Rs. 10/- each
16 (not annualized)
(i) a) Basic
b) Diluted

(0.83)
(0.83)

0.27
0.27

(0.11)
(0.11)

0.23
0.23

0.11
0.11

Earning Per Share (after extra-ordinary items) of Rs. 10/- each

17 (not annualized)
(ii) a) Basic
b) Diluted

(0.83)
(0.83)

0.27
0.27

(0.11)
(0.11)

0.23
0.23

0.11
0.11

*Refer Note No. 3 below

Notes :
1. Segmental Report for the Quarter as per AS-17 is not applicable for the Quarter.
2. Above results were reviewed by Audit Committee taken on record in Board Meeting held on 30th May, 2016.
3. The figures of last Quarter are the balancing figures between Audited figures in respect of full financial year and the published year to date figures upto
the 3rd Quarter of the Current Financial Year.
4. Figures of previous quarter / year have been re-grouped / re-classified wherever necessary.

For V. B. Industries Limited

Place : Kolkata
Date : 30th May 2016

S/dVikash Kothari
Managing Director

V. B. INDUSTRIESLIMITED
Statement of Assets & Liabilities
Particulars
A

EQUITY & LIABILITIES

1 Shareholders' Fund
(a) Share Capital
(b) Reserves and Surplus
(c) Money Received against Share Warrants
Sub-Total - Share Holders Fund
2 Share Capital Money (Pending Allotment
3 Minority Interest*
4 Non Current Liabilities
(a) Long Term Borrowings
(b) Deferred Tax Liabilities (Net)
(c) Other Long Term Liabilities
(d) Long Term Provisions
Sub-Total - Long Term Liabilities

1,310.80
8,651.39
9,962.19
-

1,310.80
8,621.27
9,932.07
-

0.42
0.42

0.23
0.23

3,439.53
12.42
13.68

9.94
6.39

Sub-Total - Current Liabilities

3,465.63

16.33

TOTAL EQUITY & LIABILITIES

13,428.24

9,948.63

0.84
4.18

1.27
5.03

5 Current Liabilities
(a) Short Term Borrowings
(b) Trade Payables
(c) Other Current Liabilities
(d) Short Term Provisions

Rs. in Lacs
For the Year Ended
31st March 2016
31st March 2015
Audited
Audited

ASSETS
1 Non-Current Assets
(a) Fixed Assets
(b) Goodwill on Consolidation*
(c) Non-Current Investments
(d) Deferred Tax Assets (Net)
(e) Long Term Loans & Advances
(f) Other Non-Current Assets
Sub-Total - Non Current Assets
2 Current Assets
(a) Current Investments
(b) Inventories
(c) Trade Receivables
(d) Cash & Cash Equivalents
(e) Short Term Loans & Advances
(f) Other Current Assets
Sub-Total - Current Assets
TOTAL - ASSETS

5.02

6.30

2,991.87
2,888.02
12.74
7,530.59
13,423.22

6,613.20
8.62
3,320.51
9,942.33

13,428.24

9,948.63

T :033 4008 5920

A: Room No.4 4th Floor.

M JHUNJHUNWALA & ASSOCIATE

'191

CHARTERED ACCOUNTANTS

C. R. Avenue, Kolkata

Auditor's Report On Ouarterly Financial Results and Year to Date Results ofthe Comnahy Pursuanr ro
the Resulation 33 ofthe SEBI (Listins Obliqations and Disclosure Requirements) Regulations. 2015
To,
Board of Directors of M/s V.B. Industries Limited

We have audited the quarlerly fnancial results of M/s V.B. Industries Limited for rhe quaner ended 3l't
March 2016 and the year to date results for the period lsrApril 2015 to 3ls(March 2016, artachecl
herewith, being submitted by the company pursuant to the requilement of Regulation 33 of the SEBI (Listlng
Obligations and Disclosure Requirements) Regulations, 2015. These qua.terly financial results as well as the
year to date fnancial results have been prepared on the basis of the interim financial statementsj whibh are the
responsibility of the company's management. Our responsibility is to express an opinion on these financiai
results based on our audit ofsuch interim financial statements, which have been prepared in accordance with
the recognition and measurement principles laid down in Accounting Standard for Interim Financial
Reporting (AS 25llnd AS 34), prescribed, under Section 133 of the Companies Act. 2013 read with
relevant rules issued thereunder, as applicable and other accounting principles generally accepted in tndia.

We conducted our audit in accordance with the auditing standards generally accepted in India. Those
stardards requirc that we plan and perform the audit

to obtain reasonable assurance about whether the

ftnancial results are free of material misstatement(s). An audit includes examining, on a test basrs,
evidence supporting the amouts disclosed as financial results. An audit also includes assessing the
accounting principles used and significant estimates made by management. We believe that our audit
provides a reasonable basis for our opirion.
Basis

for QualiJied Opinion

flb.

Inventofies include shqres of some quoted compqnies worth Rs. 2991 .86 Lacs which ere not held
in the name of the compqry| This is in contr^,ention to section 187 of the Conpanies Act, 201 3.
Income from Interest on Loan could.not be meqsured and cowpletaness ofinterest income accrued
qs per revenue recognition Accounting Standard
- 9 could not be assessed as managenent wqs
unqble to proride the interest income calculqtion at the tin?e of audit according to loans/advances
made during the currefi rtnqncial year on a prorate bqsis.

Enryhasis of Mstter I
a. ConJirmation of balances ofLoans and Advances are not c,tailablefor verificalion.
In our opinion and to the best ofour information and according to the explanations given to us these quarterly
as well a$the year to date results:

fnancial results

(D

axe presented

in

a
accordance

with the requirements of Regulation 33 of the SEBI

(Listirrg

Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and

(ii)

give a true and fair view of the net profiV loss and other financial inlbnnation lbr the quarrer
ended 31" March 2016 as well as che year to date results for rhe period fiom l',.April 2015 ro

3l" March

2016.

For
Chartered Accountants
FRN : 328750E

4,.9-

t-

Proprietor,Parher
M No. 300180
Place : Kolkata
Date : 30th May 2016

\qs$,C

700007.