BRR & Associates Chartered Accountants H No.1-387/17,Flat No. 101, Jayasree Sadan Cell No.9963108932 Gandhi Nagar, Hyderabad: 500080 email: bairneniravi@gmail.com LIMITED RE) We have reviewed the accompanying statement of unaudited financial results of COSBOARD INDUSTRIES LIMITED for the Quarter ended 30th June, 2015 except for the disclosures regarding “Public Shareholding” and Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review, We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, “Engagements to Review Financial Statements” issued by the Institute of Chartered Accountants of India, ‘This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. review is limited primarily to inquiries of Company personnel and an analytical procedure applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe ‘that the accompanying statement of un-audited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material mis-statement”. For BRR & ASSOCIATES Chartered Accountants FRN: 0130128, Bey, R, Ravinder Rao Partner x MNo.221298 ee Place: Hyderabad Date: 12" August, 2015PHONE : 2491966, 2491495, 2490612 INDUSTRIES LIMITED FAX No: 0671-2490944, 2491295 E-MAIL : cosboardind@yahoo.co.in Regd Office : STATE, PHASE-lI, < COSBOARD Pen STRy ate nae The Secretary Department of Corporate Services, The Bombay Stock Exchange Limited, °" Floor, P.J. Towers, Dalal Street MUMBAI: 400001 UNAUDITED FINANCIAL RESULTS FOR THEQUARTER ENDED 30TH JUNE, 2015 PARTI ‘Quarter Ended ‘Year ended] Particulars Unaudited ‘Audited! 30.06.15] 31.03.15] 30.06.14] 31.03.15 1[Income from operations fa) Net Sales/income from operation | 1361.72) 623.36] _1162.42| 4151.08 (Net of excise duty) b) Other Operating Income 280] 7.38 4.00) 9.55 Total Income from operations(net) | 1364.52| 830.76| 1183.42 4160.63 2|Expenses a) Cost of material consumed 933.63[ 411.34] 686.38] 2513.48 b) Changes in inventories of Finished goods, Work-in-progrees and Stock-in-trade -20.86| _146.08| __-2.25| -103.32 le) Employee benefits expenses 3423[34.96[ 48.40] 163.75 Je) Power and Fuel 198.88] 116.57| 248.52] 801.74] fe) Dyes & Chemicals, 236] 416 23.43] 90.20 f) Depreciation and amortisation expns| __8.26| 9.63] 7.80) 33.04 {) Other Expenses 76.42] 12.03|__111.48! 301.19 [Total Expenses 1244.25] 734.79) 1123.76 3799.78 '3|Profit(Loss) from Operations before Jother income, finance costs and lexceptional terns (1-2) 12027| _96.97| 59.66 360.85] [Other income 0.00] 0.00] 0.00] 0.00] 5|Profit(Loss) from ordinary activities before finance costs and exceptional items (3+ 4) 12027| _95.97| __59.66| 360.85] 6|Finance costs 80.21| -56.09[ 52.74] 128.79] 7|Profit(Loss) from ordinary activities after finance costs but before excep- tional ters (5 + 6) 40.06] _ 152.06 6.92 232.06 Corporate Ree : 16-10-1/S/411 & 412, IInd Floor, Sri Krupa Market, Malakpet, Hyderbad - 500 036.(T.S.) Ph.: 040-64515015, Fax : 040-24555528B[ Exceptional items oof 0.05] 0.00] 09] 9] Profil(Loss) from ordinary activities before tax (7+ 8) 40.06| 152.06] __ 6.22 232.06] 7O|Tax expenses 0.00] 2.49 0.00) 2.49] iNet Profit(Loss) from ordinary activites} after tax (9+ 10) 40.06] _149.57|__6.92 229.57] Tlextraordinary tems (netortaxexpsns [_0.00{ 0.00) 0.00 Q 43|Net Profit(Loss) forthe period (11 12] 40.06) 149.67) 6.92) 228.57] +14] Paid up equity share capital lof Rs. 10/- each |shall be indicated) 429.38] 429.36] _ 429.38 429.38] 7B|Reserve excluding revaluation Reserves as per balance sheet lof previous accounting year 0.00] 0.00] 0.00] 154.62 ‘761 [Earnings per Share (before extra- Jordinary items) (of Rs. 10/- each) not annualised. fa) Basic and diluted O95] 3.46) O76) EEG 16 [Earnings per Share (after extre- lordinary items) (of Rs. 10/- each) not annualised, fa) Basic and diluted oss] 3.48] 076) EE) PART Il |A_|PARTICULARS OF SHAREHOLDING. 7 [Public shareholding Number of Shares: 7309896] _2347556| 2304895 7309895 F Percentage of shareholding — 3.60] 5467] 53.68 53.3 Z[Promoters and Promoter group shareholding fa) Pledged/eEncumbered [»_Number of shares 7 a a a F Percentage of shares (as a % ofthe total shareholding Of promoter and promoter group 0.00] 0.00) 0.00] 0.00) Percentage of shares (as a % of the total share capital of the company) Ql ol | ol iby Non-encumbered | Number of shares 1983905| 1946245] _ 1988905 1946245] Percentage of shares (as a % of the total shareholding Of promoter and promoter group. 46.20|__45.33|___46.32 45.33 Percentage of shares (as a% of the tolal share capital of the company) 46.20| _45.33|__46.32| 45,33]PARTICULARS. INVESTOR COMPLAINTS: [QUARTER ENDED 30.08.2015 Pending at the beginning of the quarter 0 Received during the quarter 0 Disposed of during the quarter 0 Remaining unresolved at the end of the quarter 0 NOTE 1 The above resultsof the company were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on2th August, 2016, Statutory Auditars have carried out Limited Review of these results. 2 The operation of the company relates to only one segment ie. Paper and Paper Boards. 3 The Provision of Current and deferred tax will be determined and provided in the Audited Accounts of the year. 4 The figures of the previous quarter have been re-grouped, re-casted andlor re-arranged wherever necessary Ke FOR AND ON BEHALF OF THE BOARD e \A\ cy te say) ‘a “e) SHIV SHANKAR TAPARIA \e DATE: 12.08.2015 apc MANAGING DIRECTOR