u

& nxnusrRntrs
Lmnlrmn
Registered
& HeadOffice
6, WoterlooStreet.
5th Floor,SuiieNo, 506, Kolkoto- 7OO069
Ph: 22430372I 2210I376, Fox: 2243O376
E-moil: oshirwodsteels@gmoil.com
16tnMay,2o16
Dy.General
Manager
BSELimited
Corporate
Relationship
Department
NewTrading
Ring(1'tFloor)
Rotunda
Building
PJTowers
DalalStreet
- 400001.
Mumbai
DearSir,
Sub:Submission
of AuditedFinancial
Resu
ltsfor theQuarter/year ended3l't March,2016.
Ref:Regulation
( Listing
33of SEBI
Obligations
andDisclosure
Requirements
) Regulations,2015.
Thisisto informyouthat the Boardof Directors
of Ashirwad
Steels& Industries
Limitedat its
meeting
heldon 16thMay,2016haveapproved
theaudited
financial
results
for thequarter/year
ended
3 1 "M a r c h , 2 0 1 5 .
TheSaidresults
areattached
herewith
andalsouploaded
on company's
official
website: -www.ashirwadsteels.com
.
Thisisfor yourkindinformation
andrecord.
you,
Thanking
YoursFaithfully,
ForAshirwad
Steels
& Industries
Ltd.
r.u,r

\YZ'.

-./2

D al b i rC hh i b b ar
( M an a g i n gD i r e c t o r )

SoonoetronPlont

pot No AI, 43, A5 & & A/

phoseV Adilyqpur IndustoiAreo
G h o m o r i oJ,o m s h e d p u, r8 3 2 10 8
Jho*hond, Ph l(065712386003/30920/5
2386283
Foxr (06571

SponqelronPlont

L.P,gos BottiingPlonf

L,P.Gos Bottlingplonl

Peelom polliApprooch Rood

Vill & Posi Ve imjnedu, ,4ondolrChityol
D i s t : N o l g o n d o - 5 0 B 1 1T4e, l e n g o n o
Prrone p8682) 27 4694
Fox:(08682)274691

KisnopurRood, Rorgorh
Chhottsgorh 496001
P h o n e : ( 0 7 7 6 2 )3 2 5 5 8( O )

Uluberiohdlsl ol GroMh Ceolre

Ulutlero, Howroh,west Bengol
P n i 7 l l 3 1 5 , P h i { 0 3 3 ) 2 6 6 10 7 1 4

P7752)223AlBtl

Auditor'sReporton QuarterryFinanciar
Resurtsand year to Date Resurtsof the company
Pursuant
to the Reguration
33 of the sEBr(tistingobrigations
and Discrosure
Requirementsj
Regulations,
2015
To
TheBoardof Directors
of
Ashirwad
steels
& Industries
Limrreo.
5 WaterlooStreet,
- 700-069.
Kolkata
1. We haveaudited
the quarterly
financial
results
of Ashirwad
Steels
& Industries
Limited
('thecompany)
for the quarterendedMarch31,2016andthefinanciar
resurts
for the
yearendedMarch31, 2016,attachedherewith,
beingsubmittedby the Company
pursuant
to the requirement
of Reguration
33 0f the sEBr(Listing
obrigations
and
Disclosure
Requirements)
Regurations,
2015.The quarterryfinanciarresurtsare the
derivedfiguresbetweenthe auditedfiguresin respectof the yearendedMarch31,
2016andthe published
year-to-date
figuresup to December
3f,201,5,beingthe date
of the end of the thirdquarterof the currentfinanciar
year,whichweresubjectto
limitedreview.Thefinanciar
resurtsfor the quarterendedMarch3r,2016havebeen
preparedon the basisof the financialresultsfor the nine-month
periodended
December
3r, 201-5,
the auditedannuarfinanciar
statements
as at and for the year
endedMarch3L, 201'6andthe rerevant
requirements
of Reguration
33 of the sEBr
(Listing
obligations
and Discrosure
Requirements)
Regurations,
2015 and are the
responsibility
of theCompany,s
management
andhavebeenapproved
bythe Boardof
Directors
of the Company.
Our responsibility
is to expressan opinionon these
financial
resurts
basedon our reviewof the financiar
resurts
for the nine-month
oeriod
endedDecember
31,2015whichwasprepared
in accordance
withthe recognition
and
measurement
principres
laiddownin Accounting
(As)25, InterimFinancial
standard
Reporting,
specifiedunderthe section133 of the companiesAct 2013 read with
relevant
rulesissued
thereunderandotheraccounting
principles
generally
accepted
in lndia; our auditof the annualfinanciai
statements
as at andfor the yearended
March31, 20L6;andthe relevantrequirements
of Regulation
33 0f the sEBr(ListinS
Obligations
andDisclosure
Requirements)
Regulations,
2015.
2. we conducted
ourauditin accordance
withtheauditing
standards
accepted
Beneraly
in India ThoseStandards
requirethat we pranand performthe audrtto obtain
reasonabre
assuranceabout whether the financialresultsare free of material
misstatements.
An auditincludes
examining,
on a testbasis,
evidence
supporting
the
amountsdisclosed
as financiar
resurts.
An auditincludes
assessing
the accounting
principles
usedandsignificant
estimates
madeby management.
we berieve
thatour
auditprovides
a reasonable
basis
forourooinion.
3. ln our opinionandto the bestof our information
andaccording
to the explanations
givento usthesequarterry
financiar
resultsaswe| asthe vearto dateresurts:

II

Are presented
in accordance
with the requirements
of Regulation
33 of the
(Listing
SEBI
Obligations
andDisclosure
Requirements)
Regulations,
2015;and
givea true and fair viewof the net profitand otherfinancialinformationfor
thequarterendedMarch31,2016andfor theyearendedMarch31,2016.

4. Further,read with paragraph1 above,we report that the figuresfor the quarter
endedMarch31,2016representthe derivedfiguresbetweenthe auditedfiguresin
respectof the financialyear ended March,ZO1Gand the publishedVear_to_date
figuresup to December3L,2015,beingthe date of the end of the third quarterof
currentfinancialyear,whichweresubjected
to a limitedreviewasstatedin paragraph
1 above,asrequiredunderRegulation
33 of the sEBlListing
obligations
andDisclosure
Requirements)
Regulations,
2015.

ForA PRADHAN
& ASSOCTATES
Chartered
Accountants

'
(AshokPradhan) '
Proprietor
Membership
Number:053543
PIace:
Kolkata
Date:16thMay,2016

F O R MA
Formatof coveringletter of the AnnualAudit Reportto be filed with the
stock exchanges

Annual
consolidated
financial
Statement
for the yearended

& Industries
ltd.

DalbirChhibbar
(Managing
Director)
For

PRADHAN &

Ashirwad
Steels& Industries
Limited

31"march,2016.

Note: Sri ShibaniShankarMishra,the

ChieffinancialOfficerof the companyis
unableto signthisformA as he hastaken
leaveon medicalgroundsfor treatment
of a seriousdisease.

ASSOCIATES
ForAshirwad
Steels& Industries
Limited

Pradhan)!

l-$$D-. . ) .

ff)-^^

Membership
No.053543
)
Statutory
Auditors
KoLXATA
)
: i
)
Date: L6thMay,2016
)

1.",L -JL,.

r Chhabra,
it Committee
Chairman)
: 16thMay,2O16.

LIMITED
ASHIRWAD
STEELS& INDUSTRIES
(W B)
Regd.Offce: 6 WaterlooStreet,RoomNo:506,sthFloor,Kolkata-700069
CIN: 1S1909W81986P1C040201
gmail.co
mTelefax:
033-22430376
Email: ashirwadsteeh@
website:www.ashirwadsteels.com

FORTHEYEARENDED3IST MARCH'2016
RESULTS
OF AUDITEDFINANCIAL
PARTI :STATEMENT
for

cosr of maredalconsumed
Oecrease In Vaiue ol Sloct of Rw Malerial
Changin invenloriesol linishedGoods,wo*.in-pmgrsss& slock in trade
Ehdoys 8netil Expenses
OeprecElion& amonisalionExPenss

ProflU{LGs)rrcm opratlons beror othe.incom and finance cost(1'2)

Proliu(Loss)beroro fi nancecost.(3+4)

6
7

Proliu{LGslberorotax.{5{)

a
9

rromO.dinaryactivitiesbotoretar {7_8}
P.ofiu{Loss)

10
12

up Equity sha@ capilal(Fac value Rs 10/- eaci)

a OilutodEarning/(loss) PerSharc

OF ASSETS& LIABILITIES
PARTll : STATEMENT

(a)sharecapilsl
(b)Rsetues
andsurplus

(a) DefenodTd Liabiliries(Neo

(b) Olher Long Tenn Liabililis
(c) Long T6m Provrsion
Total of Non4urrcnt liabllldog

(b) olher clrent Liabilities

(c) shon Tem Prcvision

(c) long l6rms loans& advancs

(c) Cssh and @sh equivalgnls

(d) shod relms lo8ns & advancs
(e) Othff CuFent asseis

NOTES:
and aPprov'd
1 fhe abov Financial Esutls 9rc revisd by ihs udit Committee and !ak6n on rscord
bythe Boad of Onedols inthsirmeting held on 16h Mav 2016

sellrng Pri3
lh cornDanvrsmained closd dus to hiqhly dpressed market condrlions' unremunrative
and unaffordable cosl ol basic IEM mslenals
financralvear
4 The figursfot lhe lsl Qusnr of cu(nt FinancralYearnded 31 032016snd
lh6
tull
Jinsncial
figure
of
audild
va' ondd 31 032016
lh
lrgurs
btween
bslancing
31 032015arslh
nd 31 03 2015 and lhe lnaudilod publishedrinanclalfigursuPlo third

quaner endd 31 t22015and31122014

$gmenl wse (eporlng rsnoirequndd

5 The CompanymainlyoPeraEsin kon & Stel"segmenlonly hence
necessarv
whercver
r6aranged/rgroupedrccast
bsen
ysals
hav
figurs
6 Prcviols
TTheaboveFinancia|Resu|tsareasperReg|Ualion33oltheSEB|{L|slingandothdDisc|osuloRequnemenls)
al lh6 companvs
Regulation,2olsand have been tiledwith BSE Lld and are also svsrlable
Exchange (Ea/{ bseindE com)
Stock
Sombav
wbsile
of
the
wbsits'Vw ashiN,'adsteels com" and on

\}Y
For and Bohalfol ihe Eoard
Dalbirchhibbar
Oats: 16lh May,2016

ManagingDireclor& Chairmn

DIN: 00550703