ARSS INFRASTRUCTURE

PROJECTS LTD.
Dated: 27.05.2016

Bombay Stock Exchange Limited.

Phirozc Jcejccbhoy Towers
l st Floor, Rotunda Building,
Dalal Street,
Mumbai- 400 001
Sub: Outcome

of the Adjourned

ational Stock l.xchangc

Exchange Plaza.
BandraKurla _C(~mrkx,
Bandra (I~).
Murnbai-4000S1
Meeting of the Board of Directors

of Jndia l.td ..

held on 27.05.2016

Dear Sir/ Madam.

This is to intimate to your good-self that at the adjourned meeting or the Hoard of Directors of
the company held today i. e on Friday. 27th May, 2016 at registered office ofthe company, board
or directors considered and approved the Audited Financial Results
the Company for the
Quarter/ Financial Year ended on 315t March, 2016 along-with
the Auditors Report 01' the
Statutory Auditors thereon.

or

or

Further. please find the attached signed copy of Audited Fin~tlc~al Results
the Cornpanv ~or
the Quarter! Financial Ycar ended on 31st March, 2016 along-with the Auditors Report o:' the
Statutory Auditors and form B duly signed by thc'concernedlllcrsoJls
as required under SLBI
(Listing Obligations and Disclosure Requirements).
Regulations. 2015.
The same is for your kind information
Thanking

and record.

You,

For ARS~; Infrastructure

Projects Limited

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Encl: as above

S19n.tu,e,.~
Name: Alka Khemka
' "
Designation: C:otnpany Sih..'" '-""
Address :Plot No-38,Sector-I--",;:""
r . f.o
Mancheswar !n( ,: ,:(atr.,ShubaneS';t';'
7,< P'",'
Members!1ir,

CIN : L141 030R2000PLCO06230

Regd. Office: Sector A, Zone 0, Plot #38, Mancheswar Industrial Estate, Bhubaneswar 751010, Odisha
Tel: 916742588552/2588554,
Fax:+91 6742585074, E-mail: response@arssgroup.in, Website: www.arssgroup.in
Corp. Office : ARSS Mall, Community Centre, Plot No. 40, Block-A, Paschim Vihar, Opposit to Jwalaheri Market, New Delhi-11 0063 (India)
Tel.:+911125252024,
Fax: +911125252012,
E-mail: delhi@arssgroup.in

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...

AUDITED FINANCIAL RESULTS FOR THE QUARTER I YEAR ENDED 31ST MARCH, 2016
(Rs. in Lakhs except for shares & EPS)

Quarter ended

Year ended

Particulars
31:03.2016

31.12.2015

31.03.2015

31.03.2016

31.03.2015

(Audited)

(Unaudited)

(Unaudited)

(Audited)

(Audited)

11,282.66
484.30
11,766.96
16.79
11,783.75

18,897.11
24.38
18,921.48
53.17

19,569.89
173.41

62,330.03
672.QO

65,552.70
641.42

19,743.29

18,974.65

(113.22)
19,630.08

63,002.02
70.96
63,072.98

66,194.12
90.66
66,284.78

3,608.68

2,443.95

2,107.95

11,241.93

12,261.62

PART ISTATEMENT OF FINANCIAL RESULTS

1. Income from operations
a) Net Sales/Income from Operation
b) Other operating Income
Total Income from Operation (Net)
2. Income from Investments
3. Net Sales/Income from Operations and Investments
4. Expenses
a) Cost of materials consumed
b) Purchases of Stock-in-trade
c) Changes in Inventories of finished goods,
work-in-progress and Stock-in-trade

(6,811.00)

D Depreciation & Amortisation

923.60

13. Net Profit / (Loss) from Ordinary Activities after tax

14. Extraordinary items ( net of tax expense)
15. Net Profit / (Loss) for the period
16. Paid up Equity Share Capital ( RS.10/- per share)
17. Reserves ( excluding Revaluation Reserve)

572.34

259.33

1,764.45

638.19

633.26
1,390.80

5. Profit / (Loss) from operations & investments before

other Incomes. Finance costs and Exceptional Items
6. Other Income
7. prom / (Loss) from ordinary activities before Finance
Costs and Exceptional Items
8. Finance Costs
9 Profit / (Loss) from ordinary activities after Finance
Costs but before Exceptional Items & Tax
10. Exceptional items
11. Profit / (Loss) from Ordinary Activities before Tax
12. Tax Expenses

d) Employee benefits expense

e) Power & Fuel
g) Other Expenses
Total Expenses

750.08

564.82

2,689.42

2,594.69

894.94
. 934.88

4,756.29
3,613.85
23,316.78

5,568.69
3,654.62
24,495.30

4,882.15
4;627.48

12,215.71

1,604.06
857.68
8,940.44

17,811.90

14,334.28

47,382.73

49,213.12

7,156.28

1,162.75

.~ 5,295.80

15,690.26

17,071.67

5.30

4.06

15.05

1,416.54

173.01

7,161.58

1,166.82

5,310.83

17,106.80

17,244.67

4,425.27

3,490.75

4,798.66

16,483.92

16,696.28

2,736.31

(2,323.93)

512.17

622.88

548.39

622.88
121.15
501.73

548.39
(73.65)

2,736.31
(152.24)
.~,~88.56

2,888.56
1,484.32

(2,323.93)
185.18

512.17
76.46

(2,509.11 )

435.71

(2,509.11)
1,484.32

435.71
1,484.32

501.73
1,484.32 .

622.04

622.04
1,484.32

35,227.26

34,725.53

18. Earnings per Share (Rs.) (before extraordinary items)

- Basic
- Diluted

19.46
12.70

(16.90)
(11.03)

2.94
1.92

3.38
2.21

4.19
2.53

19. Earnings per Share (Rs.) (after extraordinary items)

- Basic
- Diluted

19.46
12.70

(16.90)
(11.03)

2.94
1.92

3.38
2.21

4.19
2.53

Regd. Office: Plot No-38. Sector-A, Zone-D, Mancheswar Industrial Estate, Bhubaneswar,
Corp. Office :ARSS Mall, Plot no-40, Community Centre, Block-A.Paschim
E:lT)ail : response@arssgroup.in,

Vihar,Opp-Jwalaheri

Website: www.arssgroup.in

Odisha - 751010

Market, New Delhi -110063

...
Statement of Assets & liabilities

PARTICULARS

31.03.2016

31.03.2015

A. EQUITY AND LIABILITIES

(1) Shareholders' Funds
(a)
Share Capital
(b)
Reserves & Surplus

2,984.32
35,227.26

2,984.32
34,725.53

Shareholders' Funds

38,211.58

37,709.86

73,236.05
2,816.51

70,201.99
2,952.77

76,052.56

73,154.76

94,549.04
5,484.06
25,991.94
127.00

86,251.19
8,718.95
23,599.09
109.72

Current Liabilities

126,152.04

118,678.94

TOT AL EQUITY AND LIABILITIES

240,416.19

229,543.56

26,609.07
3,936.80
93,477.59

27,702.47
4,647.90
74,718.36

124,023.46

107,068.73

55,783.19
26,989.13
7,600.05
26,020.35

58,240.10
24,181.41
7,127.86
32,925.46

Current Assets

116,392.73

122,474.83

TOTAL ASSETS

240,416.19

229,543.56

(2) Non-Current Liabilities

(a)
Long-term borrowings
(b)
Deferred Tax liabilities (Net)
Non-Current Liabilities
(3) Current
(a)
(b)
(c)
(d)

Liabilities
Short term borrowings
Trade Payables
Other Current Liabilities
Short Term Provisions

B.ASSETS
(1) Non-Current Assets
Fixed Assets
(a)
(b)
Non-Current Investments
(c)
Long terrm Loans & Advances
Non-Current Assets
(2) Current
(a)
(b)
(c)
(d)

Assets
Inventories
Trade Receivables
Cash and cash equivalents
Shorts term loans & advances

Regd. Office: PlotNo-38,

'II

Sector-A. Zone-D, Mancheswar Industrial Estate, Bhubaneswar, Odisha -751010

Corp.. Office: ARSS Mall. Plot no-40, Community Centre, Block-A,Paschim Vihar,Opp-Jwalaheri
E-mail: response@arssgroup.in.Website:~.arssgroup.in

Market. New Delhi - 110063

.".

Notes forming part of the reviewed audited financial results for the quarterlYear ending 31st March, 2016

1. The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors at
their meeting held on 27thMay, 2016. The same were also subjected to limited review by the Statutory Auditors
in terms of Regulation 33 of SE.BI(Listing Obligations and Disclosure Requirements) Regulations, 2015.
2. The Company is following the same accounting policies in preparation of these financial results as were
followed in the annual financial statements for the year ended 31stMarch, 2015.
3. The Company's operations predominantly consist of Civil Construction activities. Hence there are no reportable
segments as defined by Accounting Standard-17, "Segment Reporting: issued by the Institute of Chartered
Accountants of India. During the year under report, substantial part of the company's business has been carried
out in India. The conditions prevailing in India being uniform, no separate geographical disclosure is considered
necessary.
4. The loan from Export Import Bank has been taken over by Edelweiss Asset Reconstruction Company Limited
and during the quarter, there is no transaction in such account. However, pending account statement from
Edelweiss Asset Reconstruction Company Limited, the interest has been charged on a provisional basis.
5. Contract wise surplus / deficit has not been prepared as the number and complexity of the contracts are very
high.
6. No interest has been charged on Service tax payable of Rs. 84.05 Lacs.
7. Provision of Rs, 26.21 Crores has been made against BG Invoked of Rs. 81.87 Crores.
8. The figures for the corresponding quarter of the previous year are regrouped / reclassified wherever necessary
to make them comparable with that of current quarter.

..

For ARSS Infrastructure Projects Ltd.

Date : 27thDay of May, 2016

~
Rajesh Agarwal
DIN: 00217823

Place: Bhubaneswar

(Managing Director)