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6

(rNDr) TMTTED
ALPIA@Eo
6-3-25012,
RoadNo.1,BanjaraHills,Hyderabad- 500034
Tel.No.9140-23320502
/ 503,FaxNo.914G23302238
E-mail: info@alphageoindia.com,
Website: www.alphageoindia.com

& NSEn6A6-1"7
Ref:AGIL/CS/BSE
Date:20.05.2016
To
T h eM a n a g e r ,
L i s t i n gD e p a r t m e n t
of IndiaLtd.,
NationalStockExchange
'Exchange
Plaza,
PlotNo. C-1,G Block,
B a n d r a- K u r l aC o m p l e x
B a n d r a{ E a s t )
M u m b a i -4 0 0 0 5 1

To
T h eG e n e r aM
l anager
Departmentof CorporateServices
BSELtd,,
1't floor, NewTradingRing,
R o t u n d aB u i l d i n g ,
Towers
PhirozeJeejeebhoy
DalalStreet,Fort
M u m b a i- 4 0 0 0 0 1

DearSir,
r n dY e a rE n d e dM a r c h3 1 , 2 0 1 6 .
S u b :- A u d i t e dF i n a n c i aRl e s u l tfso r t h e Q u a r t e a
Scripld: ALPHAGEO.
Ref: ScripCode:526397
Requirements)
Regulations,
and Disclosure
33 of SEBI(ListingObligations
In termsof Regulation
20L5,we are herewithsubmittingthe following,duly approvedby the Boardof Directorsat
their Meetingheldon 20tnMay,2016for your informationand records:
e u d i t e dF i n a n c i aRl e s u l t fso r t h e Q u a r t e ra n d Y e a re n d e d
L . S t a t e m e not f S t a n d a l o nA
M a r c h3 t , 2 A L Ga l o n g w i t hA u d i tR e p o r at n d F o r mA t h e r e o n ;
AuditedFinancialResultsfor the Quarterand Yearended
2. Statementof Consolidated
March31",2Ot6alongwithAudit Reportand FormA thereon;
the receiptof abovereferreddocumentsand oblige.
We requestyou to kindlyacknowledge
T h a n k i n ygo u ,
YoursFaithfully,
(lNDlA)LIMITED
ForALPHAGEO

Qr,#Y

MEenakshiNaag
Companysecretaryand ComplianceOfficer

- 500001,INDIA
CIN: L74210TG1987PLC007580,
Regd.Office:802,Babukhan
Estate,Basheerbagh,
Hyderabad

!udn'+ Sea',do
Spra4/4ea//r4?
la,L9iJ

ALPjtA@Eo
TMTTED
flNDr4)
RoadNo.1, BanjaraHills,Hyderabad- 500034
6-3-25012,
Tel.No.9l4&23320502 / 503,Fax No.9140-23302238
Website: wwwalphageoindia.com
E-mail: info@alphageoindia.com,
STATEMENTOF CONSOLIDATEDAUDITED FINANCIAL RESULTS
FOR THE QUARTERAND YEAR ENDED31STMARCH,20I6
Rs.in Lakhs
YEAR ENDED

QUARTER ENDED

31.03.201631.12.2015 3r.03.201531.03.2016 31.03.2015


PARTICULARS

S.NO.

3
4
J

6
7
8
9
t0
ll
t2
l3
l4
l5

IncomeFrom Operations:
a. Net Sales/ IncomeFromOperations
b. OtherOperatinglncome
Total IncomeFrom Operations(Net)
Expenses:
a. Surveyand SurveyRelatedExpense
of Stock-in-Trade
b. Purchase
c. EmployeeBenefitsExpense
d. Depreciation
andAmortisationexpense
e. OtherExpenses
Total Expenses
Profit from operations before other Income,
FinanceCostsand Exceptionalitems (l-2)
Other Income
Profit from ordinary activities before Finance
Costsand Exceptionalitems(3 + 4)
FinanceCosts
Profit from ordinary activitiesafter FinanceCosts
but beforeExceptionalItems (5 + 6)
ExceptionalItems
Profit from Oridinary activities before Tax
(718)
Tax Expense
Net Profit/(Loss) from Ordinary activities after
Tax (9 J 10)
Extraordinary Items
Net Profit/ (Loss)for the Period(l 1+12)
Paid-upEquity ShareCapital
(FaceValue: Rs. 10/-each)
Reservesexcluding Revaluation Reservesas per
BalanceSheetof Previousaccountingyear

(ReferNote
3 below)

Unaudited

(Refer Note 3
below)

Audited

Audited

7 0 8 8I.4

t401.34

1,338.03

8957.85

7268.03

7088.14

1401.34

1,338.03

8957.85

7268.03

4009.21

748.57

5178.65

3745.54
5.70
530.80

180.92

164.50

756.68
0.03
r3 3 . 3 8

386.06

289.48

254.77

1229.99

1071.07

118.67
4694.86

109.92
t3t2.47

77.54
1,222.40

386.80
7409.12

393.54
5746.65

2393.28

88.87

I15.63

1548.73

1521.38

14.06

0.25

(28.32)

87.1
5

74.30

2407.34

89.12

87.31

r635.88

159s.68

29.48

24.76

23.00

71.75

83.04

2377.86

64.36

64.3r

1564.13

15t2.64

2377.86

64.36

64.31

1564.13

15t2.64

456.04

78.18

43.72

400.7s

1921.82

(13.82)

20.59

1163.38

1449.45

192r.82

(13.82)

20.59

I 163.38

1449.4s

563.48

563.48

563.48

563.48

563.48

613.68

9075.20

63.19

7 8 18 . 0 8

1 6 . i . Earnings/(Loss)Per Share (Before extraordinary


items)of Rs. l0/- each(Not Annualised)

l6.ii.

a. Basic
b. Diluted
Earnings/(Loss)Per Share (After extraordinary
items)of Rs. l0/- each(Not Annualised)
a. Basic
b. Diluted

3 4 . 1I
34.06

(0.2s)
(0.25)

0.36
0.36

20.65
20.60

25.72
25.72

34.11
34.06

(0.25)
(0.2s)

0.36
0.36

20.65
20.60

25.72
25.72
Contd...

p)

Regd.
4210TG1987PLC007580,

Hyderabad
Babukhan
Estate,Basheerbagh.,

" Sfpnt/lpn/"4? lndto't Sen4doluL 9iJ

6 AtLPtiA@Eo
STATEMENTOF CONSOLIDATEDASSETSAND LIABILITIES
S.NO.
A

.,
J

B
I

PARTICULARS
EOUITY AND LIABILITIES
Shareholders'Funds
a. ShareCapital
b. Reservesand Surolus
c. Money ReceivedagainstShareWarants
Sub Total - Share Holdersr Funds
Share Application Monev Pendinq Allotmenl
Minority Interest
Non-Current Liabilities
a. Long- Term Borrowings
b. DeferredTax Liabilites (Net)
c. Other Long- Term Liabilities
d. Lone- Term Provisions
S u b T o t a l - N o n - C u r r e n tL i a b i l i t i e s
Current Liabilities
a. Short- Term Borrowinss
b. Trade Pavables
. c. Otherlons-Current Liabilities
d. Short- Term Provisions
Sub Total -Current Liabilities
TOTAL. EQUITY AND LIABILITIES
ASSETS
Non-Current Assets
a. Fixed Assets
b. Coodwill on Consolidation
c. Non-CurrentInvestments
d. Defered Tax Assets(Net)
e. Lons-Term Loans and Advances
f. Other Non-CurrentAssets
Sub Total -Non-Current Assets
Current Assets
a. Current Investments
b. Inventories
c. Trade Receivables
d.Cashand Cash Eauivalents
e. Short-TermLoans and Advances
f. Other Current Assets
Sub Total - Current Assets
TOTAL-ASSETS

Notes:
I

As At
1 1n 12 n 1 6

As At
11 nl tnl{

564.84
9075.20
10s77.31

s64.84
7818.08
8382^9i

214.23
272.9(

43.1t

24010
2785.04
15807s
17482

80.21
296.22
166.23

47*n 71

1a\ *7

1 {611 nf

78522 i

s89.
l(
9.71

1q?16

s16) ia

5520.80

667.09
356.82

)v4 -)-:

s04{ 7f

6l.t4 71

22.18
4863.3
8
1223.0C
414.41

368.76
21.85
165560
44038
123.67
7.52

6) )9
6585_2f
1q611 nl

2611,14
s16) Aq

The aboveauditedresults for the quarterand year ended3lst March,2016, as reviewedby the Audit Committee,were consideredand
approvedby the Board of Directors as its meetingheld on 20th May,2016.

The Consolidatedresults include the audited financial results ofthe Subsidiaryand StepdownSubsidiaryviz., Alphageo Intemational
Ltd., Dubai and Alphageo DMCC, Dubai repectively.

The figures for the quarterended3 I st March, 2016, and 3 I st March, 2015 are the balancingfigures betweenaudited figures in respect
offull financial year and the publishedyear to date figures upto the third quarterofthe current and previous financial yearsi.e., 20152016 and 2014-2015respectively.

There are no separatereportableprimary segmentsas per accounting Standard 17 notified under the CompaniesAct, 2013 as the
businessof the Companyrelatedto one businesssegrirenti.e., SeismicData Acquisition and RelatedServices.

Figures for the previous year / period have been reclassified/ regroupedwherever necessaryto conform to current year/period's
classification.
The Board ofDirectors has recommendeda dividend ofRs.2/- per Equity shareof Rs.1O/-eachfor the finacial year 20 15-16 subjectto
the approvalofshareholdersat the ensuingAnnual GeneralMeeting.

for A LPHAGEO (INDIA) LIMITED

f)

K"
HYDERABAD
20.05.2016

DINESH ALLA
MANAGING DIRECTOR

ffi

FORMA
(FORAUDTT
REPORT
W|THUNMODTFTED
OptNtoN)
(ReferRegulation
33 of SEBt(LODR)
Regulations,
2015)
N a m eo f t h e c o m p a n y

A L P H A G E(O
t N D t AL) t M | T E D

A n n u af li n a n ci asta
l te me nfo
ts r th eyearended 3L" March2016(Consolidated)
Typeof Audit observation

Un-qualified

F r e q u e n c yof observation,Whether appeared N o t A p p l i c a b l e


first time ..../ repetitive ..../ Since how long
To be signedbyo CEO/ManagingDirector
M r . D i n e s hA l l a
M a n a g i n gD i r e c t o r

CFO
M r . V e n k a t e sP
a e r u m a l lp
ua s u m a r t h y
ChiefFinancial
Officer

Q-<'Q*'"-)i

A u d i t o ro f t h e C o m p a n v
Mr. N. AnkaRao,partner
M/s P V R K Nageswara
Rao& Co.
CharteredAccountants,
Hyderabad

A u d i tC o m m i t t e eC h a i r m a n
M r . 7 . P .M a r s h a l l
C h a i r p e r s oA
n -u d i tC o m m i t t e e

Signedat Hyderabad
on 20tnMay,2016

,91{%
;"(ttor**o)F

b/.*e
A:y

PVR.K. Nageswara
Rao & Co.,
CharteredAccountants
Auditor's Report on Quarterly Consolidated Financial Results and Consolidated
Year to Date Results of the Company Pursuant to Regulation 33 of SEBI (Listing
obligations and Disclosure Requirements) Regulations, 2015
To
BoardofDirectors of
ALP}IAGEO (INDIA) LIMITED
1. We have audited the quarterly consolidatedfinancial results of ALpHAGEO (INDIA)
LII4ITED ("the Company')bnd its subsidiaries(together,"Group"), for the quarterended
March 31,2016 and the consolidatedfinancial resultsfor the year endedMarch 31,20!6,
attachedherewith,being submittedby the companypursuantto requirementsof Regulation
33 of SEBI (Listing Obligations and DisclosureRequirements)Regulations,2015. The
quarterlyfinancial resultsare derived figuresbetweenthe auditedfigures in respectof
the
yearendedMarch 31,2016andthe publishedyear-to-date
figuresup to December3I,2015,
beingthe dateof the end of the third quarterof the currentfinancialyear,which were subject
to limited review. The consolidatedfinancial resultsfor the quarterendedMarch 3l,2bI6
have beenpreparedon the basisof the consolidatedfinancial resultsof nine-monthperiod
endedDecember31,2015,the auditedannualconsolidatedfinancialstatementsas at end for
the yearendedMarch 3I,2016, andthe relevantrequirementsof Regulation33 of the SEBI
(Listing Obligations and Disclosure Requirements)Regulationi, 2015 and are the
responsibilityof the company'smanagement
and havebeenapprovedby Board of Directors
of the Company.Our responsibilifyis to expressan opinion on theseconsolidatedfinancial
resultsbasedon our review of the consolidatedfinancialresultsof nine-monthperiod ended
December 31, 2015 which was prepared in accordancewith the recognition and
measurementprinciples laid down in Accounting Standard(AS) 25, Interim Financial
Reporting, specified under the section 133 of the CompaniesAct, 2013 read,with the
relevantrules thereunderand other accountingprinciples gerrerallyacceptedin India; our
audit of annual consolidatedfinancial statementsas at and for the year endedMarch 31,
2016; and the relevant requii'ementsof Regulation33 of SEBI (Listing Obligationsand
DisclosureRequirements)
Regulations,20I 5.
2. We conductedour audit in accordancewith auditing standardsgurerally acceptedin India.
Thosestandardsrequirethat-we plan and perform the audit to obtain r"usonubl"assurance
about whetherthe financial results are free of material misstatements.An audit includes
examining,on a test basis,evidencesupportingthe amountsdisclosedas financial results.
An audit also includesassessingthe accountingprinciples used and significant estimates
madeby management.
We believethat our audit providesa reasonablebasisfor our opinion.

ffi
109, Metro Residency | 6-3-1247,RajbhavanRoad I Khairatabad,Hyderabad- 500 082 | India.
@ Ott.: +91-40-2331'1609,
+91-40-23312269(Dir) | Fax : +91-40-2331959'lI E-mail: pvrk@pvrk.com

P.V.R.K.NageswaraRao & Co.,


CharteredAccountants

Continuation Sheet

3 . we did not audit revenues (including other income) of Rs.19,06,80,5511and


Rs.22,00,80,395/-,
for the quarterandyearendedMarch 31,2016,respectively
andassetsof
Rs.45,46,03,7671as at March 31, 2016, relatingto two subsidiariesincluded in the
accompanying
consolidatedfinancialresultsfor the quarterandyearendedMarch 31,2016.
The financial statementsand other financial information of above subsidiarieshave been
audited/subjected
to limited review by other auditorswhosereportshave beenfurnishedto
us, and our opinion on the quarterlyfinancial resultsand the year to date resultsis based
solelyon the reportof suchotherauditors.
4 . ln our opinion and to the bestof our informationand accordingto the explanationsgiven to
us these quarterly consolidatedfinancial results as well as the consolidatedyear to date
results:
t.

Includethe quarterlyfinanciairesultsandyear-to-dateresultsofthe following entities


(a) AlphageoIntemationalLimited
(b) AlphageoDMCC (subsidiaryof AlphageointernationalLimited)

ll.

Havebeenpresentedin accordance
with the requirementsof Regulation33 of SEBI (Listing
Obligationsand DisclosureRequirements)
Regulations,2015; and

1ll.

give a true and fair view of thb consolidatednet profit andotherfinancialinformationfor the
quarterendedMarch 31,2016 as well as the consolidatedyear to date resultsfor the year
endedendedMarch 31,2016.
Further,readwith paragraph1 above,we reportthat the figuresfor the quarterendedMarch
31,2016 representthe derivedfiguresbetweenthe auditedfiguresin respectof the financial
yearendedMarch 3I,2016 andthe publishedyear-to-date
figuresup to December31,2015,
beingthe dateof the e.;rdof the third quarterof the currentfinancialyear,as requiredunder
regulation33 of the SEBI (Listing Obligationsand DisclosureRequirements)Regulations,
20t5.

For P.V.R.K.NAGESWARARAO & CO..


CharteredAccountants
Firm'sRegistration
Number:0022835

^ A,4t
HYDERABAD
20.05.2016

N. AI\KANXOPartner
MembershipNumberz 23939

uMTTED
tA ALPry,@Eo
cNDrA)
- 500034
Hills,Hyderabad
RoadNo.1,Banjara
6-3-25012,
I 503,FaxNo.9140-23302238
Tel.No.91-4G23320502
: www.alphageoindia.com
Website
E-mail: info@alphageoindia.com,
STATEMENT OF STANDALONEFINANCIALS RESULTS
FORTHE QUARTERAND YEAR ENDED31STMARCH,2016
Rs. in Lak
YEAR ENDED

OUARTER ENDED

31.03.20163r.12.20t5 31.03.201531.03.2016 31.03.2015


PARTICULARS

S.NO.

3
4

6
7
8
9
l0
il
t2
t3
l4
l5

(Refer Note
(Refer Note
Unaudited
3 below)
3 below)

lncome From Operations:


a. Net Sales/ IncomeFromOperations
b. OtherOperatingIncome
Total lncome From Operations(Net)
ExDenses:
a. Surveyand SurveyRelatedExpense
of Stock-in-Trade
b. Purchase
c. EmployeeBenefitsExpense
andAmortisationexpense
d. Depreciation
e. OtherExpenses
Total Expenses
Profit from operationsbeforeother Income,
FinanceCostsand Exceptionalitems (1-2)
Other Income
Profit from ordinary activitiesbeforeFinance
Costsand Exceptionalitems(3 + 4)
FinanceCosts
Profit from ordinary activitiesafter FinanceCosts
but beforeExceptionalItems (5 + 6)
Exceptionalltems
Profit from Oridinary activitiesbeforeTax
(7+8)
Tax Expense
Net Profit from Ordinary activitiesafter Tax (9 I
10)
Extraordinary Items
Net Profit for the Period (ll+12)
Paid-upEquity ShareCapital
l(FaceValue: Rs. l0/- each)
excludingRevaluationReservesas per
lReserves
tSheet
of Previousaccountingyear
Balance
I

Audited

Audited

5264.79

1126.75

1331.68

6859.91

6396.73

s264.79

1726.75

1331.68

68s9.91

6396.73

4496.3\

3622.46

3572.11

562.11

732.29

177.82

1 6 1. 5 3

130.93

240.89

r12.64

136.97

524.33

445.70

86.95
4077.77

80.84
9r7.12

5 1. 8 9
1052.08

297.21
5919.7
5

310.09
4898.40

1187.02

209.63

279.60

940.16

1498.33

(17.ee)

162.70

10r.62

601.90

5 2 0 .5
1

18.33

35.70

1205.35

245.33

261.61

1102.86

1599.95

29.48

24.76

14.73

71.75

47.12

1t75.87

220.s7

246.88

r031.11

15s2.83

1175.87

220.57

246.88

1031.11

1552.83

395.28

73.75

43.72

335.56

63.19

780.59

146.82

203.16

695.55

1489.64

780.59

146.82

203.16

ov).))

1489.64

563.48

563.48

563.48

563.48

563.48

6144.t2

5584.21

16.i.

Per Share (Beforeextraordinary items)


lEarnings
each(Not Annualised)
Rs.
l0/lof
I
I a. Basic

I u.oitut.d
l6.ii.

lEarningsPer Share (After extraordinary items)oI


lRs.101 each(Not Annualised)
I a. Basic

I u.oitur.a

13.85
13.83

2.60
2.60

13.85
13.83

2.60
2.60

3.61
3.61

J.O I
J.O I

12.34
t2.32

26.44
26.44

12.34
12.32

26.44
26.44

fitND6
O-4-'/

Regd.
OTG1
987PLC007580,

Hyderabad
Estate,Basheerbagh,
802,Babukhan

.Spedr/4rn/n? !nd,ro't.SenE/" laL 0i/

{6 ALPtu@Eo
STATEMENT OF STANDALONEASSETSAND LIABILITIBS

s.No.
A
t

)
J

B
I

As At
As At
31.03.20163r.03.201s

PARTICULARS
I E O T ' I T YA N D L I A B I L I T I E S
lShareholders'Funds
a. ShareCanital
I
b. R.r.ruesandSurplus
I
c. MoneyReceivedagainstShareWarants
I
SubTotal - ShareHolders'Funds
ShareApplicationMonevPendinqAllotment
Minority lnterest
Non-CurrentLiabilities
a. Long-TermBorrowings
b. DeferredTax Liabilites(Net)
c. OtherLons-TermLiabilities
d. Long-Term Provisions
SubTotal -Non-CurrentLiabilities
Current Liabilities
a. Short-TermBonowinss
b. TradePayables
c. OtherLong-Current Liabilities
d. Short-Term Provisions
SubTotal -Current Liabilities

564.84
6144.12

564.84
5584.21

7646.32

6t49.0s

1t/

11

<9 41

43.7
s

272.89

43-75

240.14
2635.23
1597.11

80.21
272.18
166.22
193.r6

11L 9.)

4641.2(

TOTAL - EQUITY AND LIABILITIES


ASSETS
Non-CurrentAssets
a. FixedAssets
b. Goodwillon Consolidation
c. Non-CurrentInvestments
d. DeferredTax Assets(Net)
e. Long-TermLoansandAdvances
f. OtherNon-CurrentAssets
SubTotal -Non,CurrentAssets
Current Assets
a. CurrentInvestments
b. Inventories
c. TradeReceivables
d.CashandCashEquivalents
e. Short-TermLoansandAdvances
f. OtherCurrentAssets
SubTotal - Current Assets

I''<KK A'

(on, a,

4738.s7

19r5.94

1322.14
s89.l 6
9.77

1322.t4
66'.7.09
1193.28

1254-l

5098 4r

10.20
39s9.37
8 8 s .03
l3
395.
6) )R

s312-2'[

TOTAL-ASSETS

111.1',

12\66 4a

368.76
2t.85
930.33
375.36
102.30
1\)

tfl06 r
60nr' {?

Notes:

Theaboveauditedresultsfor the quarterandyearended3lst March,2016,asreviewedby the Audit Committee,wereconsrdered


andapprovedby the Boardof Directorsasits meetingheldon 20th May,2016.
The Boardof Directorshas recommended
a dividendof Rs.2l per Equityshareof Rs.1O/-each
for the finacialyew 2015-16
subjectto the approvalof shareholders
at the ensuingAnnualGeneralMeeting.
Thefiguresfor the quarterended3lst March,2016,and3lst March,2015arethe balancingfiguresbetweenauditedfiguresin
respectof full financialyear and the publishedyear to datefiguresupto the third quarterof the currentand previousfinancial
yearsi.e.,2015-16and2014-15respectively.
As thebusiness
of theCompanyrelatedto onebusiness
segment
i.e.,SeismicDataAcquisitionandRelatedServices,
thereareno
separate
reportableprimarysegments
asper accountingStandard17notifiedundertheCompaniesAct,2013.
Figuresfor the previousyear/ periodhavebeenreclassified/ regroupedwherevernecessary
to conformto currentyearlperiod's
classification.

HYDERABAD
20.05.20r6

e*%

q#

p)

DINESHALLA
MANAGING DIRECTOR

FORM A
(FORAUDrTREPORT
W|THUNMODTFTED
OptNtON)
(ReferRegulation
33 of SEBI(LODR)
Regulations,
2015)
Nameof the company

(rNDrA)LTMtTED
ALPHAGEO

Annualfinancial
statements
for the yearended

31" March2016(Standalone)

Typeof Auditobservation
Frequency
of observation,
Whetherappeared
first time ..../ repetitive..../ Sincehow long
period
To be signedbyo CEO/ManasinsDirector
M r . D i n e sA
h lla
Managing
Director

o CFO
Mr. Venkatesa
Perumallu
Pasumarthy
ChiefFinancial
Officer

e Auditorof the Companv


Mr. N.AnkaRao,Partner
M/s P V R K Nageswara
Rao& Co.
CharteredAccountants,
Hyderabad

o AuditCommittee
Chairman
M r . Z .P .M a r s h a l l
ChairpersonAuditCommittee

Signedat Hyderabadon 20thMay,20L6

be
Q-r'Q'*'dY

e
:'*t''

PV.R.K.Nageswara
Rao & Co.,
CharteredAccountants
Auditor's Report on Quarterly Financial Results and Year to Date Results of the
Company Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
To
Boardof Directorsof
ALPHAGEO (INDIA) LIMITED
L We haveauditedthe quarterlyfinancialresultsof ALPHAGEO (INDIA) LIMITED (,,the
Company"),for the quarter endedMarch 31, 2016 and the financial results for the year
endedMarch 31, 2016, attaehedherewith, being submittedby the companypursuantto
requirementsof Regulation33 of SEBI (Listing Obligationsand DisclosuieIiequirements)
Regulations,2015.
The quarterlyfinancialresultsare derivedfiguresbetweenthe audited
figuresin respectof the year endedMarch 31, 2016and the publishedyear-to-datefigures
up to December31,2015, being the date of the end of the third quarterof the current
financial year, which were subjectto limited review. The financial iesults for the quarter
endedMarch 31,2016 havebeenpreparedon the basisof the financialresultsof nine-month
periodendedDecember,2015,the auditedannualfinancialstatementsas at end for the year
endedMarch 31,2016,andthe relevantrequirements
of Regulation33 of the SEBI (Listing
Obligationsand DisclosureRequirements)Regulations,2015 andare the responsibilityoi
the company'smanagementandhavebeenapprovedby Boardof Directorsof the Company.
Our responsibilityis to expressan opinion on thesefinancialresultsbasedon our review of
the financial results of nine-monthperiod endedDecember,2015 which was preparedin
accordancewith the recognition and measurementprinciples laid down in Accounting
Standard(AS) 25, Interim Financial Reporting, specified under the section 133 of the
Companies Act, 20L3 read with the relevant rules thereunderand other accounting
principlesgenerallyacceptedin India; our audit of annualfinancial statementsas at and for
the year endedMarch 31, 2016; and the relevantrequirementsof Regulation33 of SEBI
(Listing obligations andDisclosureRequirements)
Regulations,20r5.
2. We conductedour audit in accordancewith auditing standardsgenerallyacceptedin India.
Thosestandardsrequirethat we plan and perform the audit to obtain reasonableassurance
about whether the financial results are free of material misstatements.An audit includes
examining,on a test basis,evidencesupportingthe amountsdisclosedas financial results.
An audit also includesassessingthe accountingprinciples used and significant estimates
madeby management.
We believethat our audit providesa reasonablebasisfor our opinion.
3. In our opinion and to the bestof our informationand accordingto the explanationsgiven to
us thesequarterlyfinancialresultsaswell asthe yearto dateresults:

109, Metro Residency | 6-3-1247,RajbhavanRoad I Khairatabad,Hyderabad- 500 082 | India.


(D Off. : +91-40-23311609,
(DiO I Fax ; +91-40-23319591
+91-40-23312269
| E-mail: pvrk@pvrk.com

PV.R.K. NageswaraRao & Co.,


CharteredAccountants

Continuation Sheet

i.

are presentedin accordancewith the requirementsof Regulation33 of SEBI


(Listing ObligationsandDisclosureRequirements)
Regulations,2015; and

ii.

give a true and fair view of the net profit and other financial informationfor the
quarterendedMaich 3r,2016 andfor theyearendedMarch 3r,2016.

4. Further,readwith paragraph1 above,we reportthat the figuresfor the quarterended


March
31,2016 representthe derivedfiguresbetweenthe auditedfiguresin respectof the financial
yearendedMarch 3I , 2016and the publishedyear-to-datefiguresup to Decem
ber3l , Z0l5,
being the date of the end of the third quarter of the cunent financial year, which were
subjectedto a limited review as statedin paragraphI above,as requiredunder'regulation
33
of the SEBI(ListingObligationsandDisclosureRequirements)
Regulations,201i.
For P.V.R.K. NAGESWARA RAO & CO..
CharteredAccountants
Firm's RegistrationNumber: 0022835

HYDERABAI)
20.05.2016

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Partner
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MembershipNumberz23939

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