-

Regd. Office: 1st floor. Sambhaav House, Opp. Chief Justice's Bungalow, Bodakdev, Ahmedabad 380015.
Phone: 079-40036817 Fax: 079-30128371 Webslie: www.nilainfra.com E-mall: secretanal@nilainfra.com CIN: L45201GJ1990PLC013417

of S t r d a h e

and C l s r r a l M d A d M Finrmkl Resub far h h

b r 1 Yaw W J on Rlrrch 31,2016

@) Purchase of Stock-in-Trade

(c) (Increase)/decrease in stock in bade and work In progress

1 The above resultswere reviewedby the Audit Committee and approved by the
Boardof Directorsof the Company at its meetings held on May 26,2016. The
StatutoryAudiior has carried out audii of the same.
2 The CEO and CFO certificate in respect of the above results in t e n s of
Regulation 17(8) of SEBl (Usting Obligation and Disclosure Requirements)
Regulations, 2015 has been placedbeforethe Boardof Directors.
3 Statement of Assets and L i i l i e s is disclosed as per Regulation 33 of SEBl
(Listing Obligation and DisclosureRequirements) Regulations. 2015

5 The Board of Directorshas recommended a Dividendon Equity Shares o f t 11-

Cumnt LiabllHiss

6 The consolidated financial results comprise the following entities' financial

results alongwiMNilaInfrastructures Limited's; (i) Nila ProjectsLLP (ii) Fangdi
Land Developers LLP (iil) Nilsan Realty LLR (iv)Shree Matangi Projects LLF:
(v)Megachy Cinemall Pvt Ltd., (vi) Kent Residential and Industrial Park LLR
(vii) RomanoviaIndustrialPark PvtLtd. (viii) Sarathi IndustrialPark Pvt Ltd
previousperiodif any.
8 Since the companyhas only oneprimaryreportablesegment i.e. Construction
and Development of Infrastructure and Real Estate Projects, there is no
separate reportable segment as required by Accounting Standard -17. Also
there being no business outside India, the entire business has been
consideredas single geographic segment

Chartered Accountants
30, Omkar House, C. G. Road, Navrangpura, Ahmedabad - 380009
Ph (0): 079-26462539,Mo.: 9825014208, Fax: 079-26563388, e-mail:o~bhandrica~mai2.com

Auditor's Report on Quarterlv Financial Results and Year to Date Results of the Com~anvPursuant t o the
Renulation 33 of the SEBl (Listing Obligations and Disclosure Reauirementsl' Regulations, 2015
To Board of Directors of
Nila lnfrastructures Limited
We have audited the quarterly financial results of Nila lnfrastructures Limited for the quarter ended March 31,
2016 and the year to date results for the period April 1, 2015 to March 31, 2016 attached herewith, being
submitted by the company pursuant to the requirement of Regulation 33 of the SEBl (Listing Obligations and
Disclosure Requirements) Regulations, 2015. These quarterly financial results as well as the year to date financial
results have been prepared on the basis of the interim financial statements, which are the responsibility of the
company's management. Our responsibility is to express an opinion on these financial results based on our audit
of such 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 25 / Ind AS 34),
prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued there under; or by the
Institute of Chartered Accountants of India, as applicable and other accounting principles generally accepted in
India.
We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial results
are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the
amounts 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
opinion.
In our opinion and to the best of our information and according to the explanations given to us these quarterly
financial results as well as the year to date results:
(i)

are presented in accordance with the requirements of Regulation 33 of the SEBl (Listing Obligations and
Disclosure Requirements) Regulations, 2015 in this regard; and

(ii)

give a true and fair view of the net profit and other financial information for the quarter ended March 31,
2016 as well as the year to date results for the period from April 1,2015 to March 31,2016.
For, O.P. Bhandari & Co.
tered Accountants
(FRN: 112633W)

Place: Ahmedabad
Date: May 26,2016

+*

0.
Partner
M. No. 034409

'

'

-.,
i

P. Rhondad C Co.
Chartered Accountants

30, Omkar House, C. G. Road, Navrangpura, Ahmedabad 380009

Ph (0):079-26462539, Mo.: 9825014208, Fax: 079-26563388, e-mail:opbhandrica6Zmmaitcorn

Auditor's R e ~ o r on
t Quarterlv Consolidated Financial Results and Consolidated Year t o Date Results of the
Com~anvPursuant t o the Regulation 33 of the SEBl (Listing Oblinatiohs and Disclosure Reauirementsl
Regulations, 2015
To Board of Directors
Nila Infrastructures Limited

q
a

We have audited the quarterly consolidated financial results of Nila lnfrastructures Limited for the quarter
ended March 31,2016 and the consolidated year to date results for the period April 1,2015 to March 31,2016,
attached herewith, being submitted by the company pursuant to the requiremeot of Regulation 33 of the SEBl
(Listing Obligations and Disclosure Requirements) Regulations, 2015. These consolidated quarterly financial
results as well as the consolidated year to date financial results have been prepared from consolidated interim
financial statements, which are the responsibility of the company's management. Our responsibility is to express
an opinion on these consolidated financial results based on our audit of such consolidated 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 25 / Ind AS 34), mandated under Section 133 of
the Companies Act, 2013 read with relevant rules issued there under or by the Institute of Chartered Accountants
of India, as applicable and other accounting principles generally accepted in India.
We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial results
are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the
amounts 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
opinion.
In our opinion and to the best of our information and according to the explanations given to us these
consolidated quarterly financial results as well as the consolidated year to date results:
(i)

(ii)
(iii)

include the quarterly financial results and year to date results of the entity Nila Projects LLP, Shree Matangi
Projects LLP, Nilsan Realty LLP, Kent Residential and lndustrial Park LLP, Fungdi Land Developers LLP.,
Romanovia lndustrial Park Pvt. Ltd., Sarathi lndustrial Park Pvt. Ltd., and Mega City Cinemall Pvt. Ltd.
have been presented in accordance with the requirements of Regulation 33 of the SEBl (Listing Obligations
and Disclosure Requirements) Regulations, 2015 in this regard; and
give a true and fair view of the consolidated net profit and other financial information for the quarter
ended March 31, 2016 as well as the consolidated year to date results for the period from April 1, 2015 to
March 31,2016.
For, O.P.Bhandari & Co.
Chartered Accountants

Place: ~ h m e d a b a d
Date: May 26,2016
Partner

FORM A
(Pursuant to Regulation 33(l)(e) of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 20 15)
,

_.

Name of the Company

M/s Nila Infrastructures Limited

Annual Financial Statements for the year ended

31st March, 2016

Type of Audit observation

Un-modified Audit Report

Frequency of observation

Not Applicable

For, Nila Infrastructures Ltd.

For, Nila Infrastructures Ltd.

Manoj B ~adodaria
Chairman and Managing Director
DIN: 00092053

Prashant H Sarkhedi
Chief Finance Officer

For, Nila Infrastructures Ltd.

For, 0 P Bhandari & Co.,

Chartered Accountants
(Firm Registration No: 112633W)

*w

&.*'

~ h a i & n of Audit Committee

DIN: 00005766

0 P Bhandari
Partner
Membership No: 3440