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SmruthiOrganicsLimited
STATEMENTOF ASSETS& LIABILITIES
Lacs

1
2

3
4
5

The Company operatesin one segment only namely - " Bulk Dtugs and tuug Intemediates".
Pursuant to Schedulell to the CompaniesAct, 2013, the Company has rc-assessed,on extemal and intemal
evalualion, th6 usetul liv6s of the ptucess equipmentsancl lhe dlli6clfdcilit,sas also buildings.Accordingly,
lhe (frIerence between the witEn down values of these assels ard ll,eir existirg written down values as on
1"t Aptil, 2014, net ol defened tax, is adjusted aganst the rctained eamingsin the amount of Rs.10632289a
Corespondingly, the darge ol de$ecia$on, on lhese assets,fot the year ended 31 March, 2015
is lowar by Rs. 10282081/-which has been adiusled againstand reduccd ftom the charyE of devecialion ol the
quadet ended 31st March 2015 wilh conseqentialetrect on the prcfrtsof the said quade.
Forthe finacialyear 2014-15 conpani's perlomance aclvotsau atfdcteclfot 3 months dud to illegal stike bythe wo*erc.
The above rcsults have been rcviewed by Audit Commi ee anc!Sktutory Auditor anclhave been kken on rccoKl at the
neeting of the Boad of Directorsheld on 1sth May 2015PrcVjousperiod'sfigures heve been rcgrcuped / tgeftanged whetevet necessary-

bn<-r@

Date 15thMay2015

( E. PURUSHOIHAM )
CHAIRMAN & MANAGING DIRECTOR

AshokMadgundi& Co.
Chartered
Accountants
21.O/A/L,
SakharPeth,Opp. KanyaPrashala,
Solapur- 413 OO5
Tel.: (0217) 2620403,2626540Cell : 9422458139
Email: ashokmadgundi@gmail.com

CA.AshokMadgundi
B . C o m .F. C A .D I S A

ReviewReport of the ComPanY

We have reviewedthe accompanyingstatementof Un-auditedFinancial Results
of Smruthi Organics Limit;d, Solapur for the quarter ended 31"' March
2015, This statementis the responsibilityof the Company's Managementand
hasbeenapprovedby the Board ofDirectors.
A review of interim financial information consists principally of applying
analytical procedures for financial data and making inquiries of persons
responsiblefor financial and accountingmatters'If is substantiallyless in scope
than an audit conducted in accordancewith the generally acceptedaudited
standards,the objective of which is the expressionof an opinion regardingthe
financial statementstaken as a whole. Accordingly, we do not expresssuch an
opinion.
Basedon our review conductedas above,nothing has come to our notice that
causesus to believe that the accompanyingstatementof Un-audited Financial
Resultspreparedin accordancewith AccountingStandardsand other recognized
accountingpracticesand policies hasnot disclosedthe inlormation requiredto be
in termsof Clause4l of the ListingAgreementincludingthe mannerin
disclosed
which it is to be disclosed,or that it Containsany materialmisstatement"

AshokMadgundi&Co.
Charteredaccountants

Date:15.05.2015
Place:Solapur

hri A.D. Madgundi

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