I{eerftfTi lrzdustrf,es

LirmEted
Limited)

(Formerly Suvarna Cements

Administrative Office : Plot No. 40, lDA, Balanagar, Hyderabad - 500 037
Tel : 23076538, 23076539, Fax :91-040-23076543
CIN : 126942TS1982P1C003492 E-mail :general@keerthilndustries.com, keerthiltd@gmail.con'r

ffi
Date:

13th

August, 2016

To,

The General Manager

Department of Corporate services
The BSE Limited
Phiroze Jeejeebhoy Towers.
Dalal Street, M Samachar Marg, Forl
Mumbai, Maharashtra 400001
Dear Sir / Madam,

Sub:

Outcome of Board Meetinq held on 13 08 20'16

Ref

51801

1- Keerthi lndustries Limited

With reference to the subject cited, this is to inform the Exchange that in the Board Meeting of M/S
Keerthi lndustries Limited held on Saturday, the 13th August, 2016 al the Administrative Office of
the Company, the following business were duly considered and approved by the Board:

1.

Un-Audited financial results for the quarler ended 30th June, 20'16 (Annexure l)

2.

Limited Review Report for the quarter ended 30rh June, 20'16. (Annexure ll)

Approval of the Resignation of

of the Company w.e

Sri Y Venkateswara Rao as Chief Financial Officer (CF0)

30.07 2016

tl. Ratified, in pursuance of Section 1BB (3) of the Companies Act, 2013, a non material
related party transaction of an amount of Rs. 300000/- p.a. entered into by the Company
with relative of its Executive Directors.

5.

Approved the Rematerialization of Unclaimed shares (as requested by the claimant) and

transfer the shares from "Keerthi lndustries Ltd-Unclaimed Securities Suspense

Account" to the "respective rightful claimants as tabulated below:
S.No

I'time of the

Shareholder I No. of Shares

(ln

Subramanyam Musunuri

L.

Satyanaray anaVara Prasad

J.

Nagamani Musunuri

4.

Rajani Musunurr

Registered Office & Works : Mellacheruvu Village & Mandal, Nalgonda Dist., T.S. Pin : 508 246.
Tel: (08683) 226034,226028, Fax'. 226039 E-mail: keerthi_factory@yahoo.com Web: wwr,v. keerthiindustries. com

6.

General discussion about other matters as per the agenda of the meeting.

This is for your information and records.

Thanking You,
Yours faithfully,

For Keerthi lndustries Limited

$,
Managing Director

KEERTHI INOUSTRIES L]MITED

&egdo$ce: {re$loheflrsu \dflag& #aadal,

N.lgonda DistrietJelangana-508246.
Corporate ldentity Number:L26942TG1 982pLC003492

Precedrng 3
months ended

3iJ.i,6.2016

31 .03.2016

{Rs ln I akhs)
Corresponding
3 months ended
in the previous
year
Previous year
30.05.2015
ended 31 .03.201 6

Parri.r rlarc

1Ar

3A17.82
3017.82
a.(lncrease)/Decrease in stock in
trade and',vork in progress
b. Consumption of raw materials
c. Employees cost
d. Depreciation
e. Power & Fuel
t. Other Expenditure

393 78
337.74
203 68
1291 94
594 01

Total

3. Profit{+1, Loss{-) from Operations before Other lneome,

finance cost and exceptional items (1-2)

4. Oiher income
Profit{+}, Loss(l before finaDce cosl & Exceptiona! ltems {3+4!
Finance cost

'.

Profit(+)l Loss{-} after finance cost but before Exceptional ltems (5-6)

Activities before tax (7{}

0.Tax expense
- Current
- Deffered Tax
- Earlier penod
I 1. Net profit (+)/ Loss {-}

286G.26

151.56
1T.47

1fig.03
130.45
38.58
0.00
38.58

4998.01
3410.43

'.iifa.l\

4998.01

73034
2934.89
475.54
59.44
534"98

3412.94

12381.75

1585.0?

3311.60

143.9S

390.99
0.00
390.99

0.00

13.51

1443.17

19S1.16

2. Extraordinary items (net of tax expenses)

13. Net Profit(+), Loss{-} tor the period {11 -12}

1

00t

from

Ordinary Activities after tax (g-101

1

0.04

a^ na

Paid+rp eqqity share capitai ( Face valr.re of

0l- ea-ch)

5. Reserves excluding Revaluahon

Reserves as per balance sheet of
previous accounting year
1 6. a) Earninqs per share-Basic and diluted EPS before
Extraordinay items (not annualised) Rs.10/- each
b) Earnings per share-Basic and diluted EPS after
Extraordinay items (not annualised) Rs.10! each

13.51

(592.651

1443.17

801.67

801 67

80'1 67

9S1.16
801 67

2293.85

4.17'

(7.64)

17.75

23.84

(7.64',,

17 75

23.84

Note: 1 .The above unaudited results were reviewed and recommended by the Audit Committee and approved by lhe Board of Directors in their meeting held on 1 3th
August 201 6 and the limited review of the same has been carried out by the Statutory Auditors of the company.
2.The figures for preceding 3 months ended 3 sl March 201 6 are the balancing figures between the audited figures in respect of the full previous financial year and
the publ;shed year to date figures upto the third quarter of the previous financial year"
3.Previous year figures have been regrouped whereever necessary to conform to the current period classificatlon.
'4. Dividend on Redeemable Preference Shares is not considered for arrivinq the EPS for the quarter ended 30.06.201 6.
1

For Keerthi lndustries Limited

Pkce: Hyderabed
Date :13.08.2016
{Er. J.S.RAo)

$EGMENT.WISE REFORTING

Preceding 3
months ended
31 03 2016
(Net Salesi lncome from operations)
ia) Cement
(b) Energy
(c) Elertrcnics
Sutr Total

Net Sales/lncome From Operations

2823 66

24

1?

CorrespondinE
3 months
ended in the
previous year
30 c6 201 5

Previous year
ended 31 03 2016

3121 92
t4 -ll

170 04

161 84

301 7 82

341A 43

4998

01

3017 82

3410 43

4998

01

000

14771.79
a5 67
825 U9
1

5693 35

'1

(GC2 ?q

000

3017 82

4998

01

0.00
5693 35

2. SeEment Results (profit{+)/Loss(-)

before tax and finarlce cost)
Less:Finance cost
{b) Energy
/.\
trl-^!,^-,-rruu.rurrr!5
t!/
Less;Finance cost

(d) Un allocaied Expenditure

Total

051

(+2+341

J5 lO

Total Profit(+)/Loss(-) Before Tax

a.o

42.06

390 99

1443 17

29i4

BA

390.9S

1443 17

2974

8C

4747 59
443 A3
784 51

4443 94
477.15

4747 39
443 03
784 51

3. Capital Enrployed
{al Ceme nt
(b) Energy
(c) Electronics

4412 44

447.67
I 1aa qa

otal
Place : Hyderabad

Date

: 13.08.2016

For Keerthi lndustries

K.S. Rso d, Co.

CHARTERED ACCOUNTANTS

TO
THE BOARD OF DIRECTORS
KEERTHI INDUSTRIES LIMITED
HYDERABAD.

REVIEW REPORT ON FINANCIAL INFORMATION OF KEERTHI INDUSTRIES LIMITED FOR THE

QUARTER ENDED 3oth JUNE 2016 TO BE SUBMITTED TO STOCK EXCHANGES

We have reviewed the accompanying statement of unaudited financial results of KEERTHI INDUSTkTES
LIMITED, Plot No.40,lDA,Balanagar, Hyderabad - 500 037,Telangana ("the Company") for the Quarter
ended 30th June, 2016 being submitted by the Company pursuant to the regulation 33 of SEBl(Listing
Obligations and Disclosure)requirements 2015, Management is responsible for the preparation and fdir
presentation of this interim financial information in accordance with the terms of regulation 33 of
SEBI(Listing Obligations and Disclosure)requirements 2015. Our responsibility is to express a conclusion
on this interim financial information based on our review.
Scope of Review
We conducted our review in accordance with Standard on Review Engagement (SRE) 2410, "Review of
lnterim Financial lnformation performed by the lndependent Auditor of the Entity" issued by the lnstitute of
Chartered Accountants of lndia. This standard requires that we plan and perform the review to c' ';in
moderate assurance as to whether the financial statements are free of material misstatements. A review of
interim financial information consists of making inquiries, primarily of persons responsible for financial and
accounting matters, and applying analytical and other review procedures. A review is substantially less in
scope than an audit conducted in accordance with Standards on Auditing and consequently does not
enable us to obtain assurance that we would become aware of all signlficant matters that might be identified
in an audit. Accordingly, we do not express an audit opinion.

Gonclusion
Based on our review conducted as above, nothing has come to our attention that causes us to believe that

the accompanying statement of unaudited financial results prepared in accordance with applicable
accounting standards specified under section 133 of the Companies Act 2013 read with Rule 7 of
Companies (Accounts) Rules 2014 and other recognized accounting practices and policies has ,rot
disclosed the information required to be disclosed in terms of regulation 33 of SEBI(Listing Obligations and
Disclosure)requirements 2015, including the manner in which it is to be disclosed, or that it contains any
material misstatement.

for K.S.RAO & CO.,

Chartered Accountants
Firm Regn.No.0031

Place
Date

: Hyderabad
: 13.08.2016

(P. GOVARDHANA REDDY)

^
Partner
Membership No. 029193

Flat No. 505, Golden Green Apartments, lrrum Manzil Colony, Hyderabad - 500 082.
Phones : (0a0)- 2337 3399, Fax : (040)- 2337 0005, e-mail : ksraoandcompany@gmail.com