GUJARAT AMBUJA EXPORTS LIMITED CIN LISL40GJI99PLCOIGISL Regd. Off.: “AMBUJA TOWER”, Opp. Memnagar Fire Station, P. O. Navjivan, Navrangpura, Ahmedabad-380 014. Phone: 079-26423316-20, Fax: 079-26423079 Email: info@ambujagroup.com, Website: www.ambujagroup.com REF : GAEL\STOCK28\2016\20 Date : 30" April, 2016 BY E-FILING [To, To, The General Manager- Listing Department __| The General Manager- Market Operations The National Stock Exchange of India Limited | BSE Limited Exchange Plaza, 5" Floor Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block,Bandra Kurla Complex, | Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 | Ref: Symbol GAEL __| Ref.:- Security Code: 524226 Sub.:- Submission of Annual Audited (Standalone & Consolidated) the Company for the F.Y. 2015-16 ancial Results of Dear Sir/Madam, With reference to above, we are pleased to submit herewith, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Annual Audited (Standalone & Consolidated) Financial Results of the Company, along with Form A [Un modified opinion] for the financial year ended 31% March, 2016 reviewed by the Audit ‘Committee and subsequently approved by the Board of Directors of the Company at its meeting held on 30" April, 2016. You are requested to take note of the same and to inform members accordingly, ‘Thanking you. Yours faithfully, FOR, GUJARAT AMBUJA EXPORTS LIMITED /i-—~ VIJAY KUMAR GUPTA CHAIRMAN & MANAGING DIRECTOR Enel: As aboveKANTILAL PATEL & Co. CHARTERED ACCOUNTANTS, Independent Auditor’s Report on Quarterly Financial Results and Year to the Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 To The Board of Directors of Gujarat Ambuja Exports Limited 1. We have audited the accompanying standalone quarterly financial results of Gujarat Ambuja Exports Limited (“the Company") for the quarter ended March 31, 2016 and standalone financial results for the year ended March 31, 2016, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Attention is drawn to the fact that the figures for the quarter ended March 31, 2016 and the corresponding quarter ended in the previous year as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the end of the third quarter of the relevant financial year. Also the figures up to the end of the third quarter had only been reviewed and not subjected to limited review. 2. The standalone financial results for the quarter ended on March 31, 2016 have been prepared on the basis of the annual standalone financial statements for the nine month period ended on December 31 2015, the audited annual standalone financial statements as at for the year ended March 31, 2016 and the relevant requirements of regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and are responsibility of the Company's Management and have been approved by the Board of Directors of the Company which is in accordance with the recognition and measurement principles laid down in Accounting Standards 25, Interim Financial Reporting, specified under Section 133 of the Companies Act, 2013, read with relevant rules framed thereunder and other accounting principles generally accepted in India 3. 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 statements are free from 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 financial results: 202, Paritosh’, Usmanpura (River front) Ahmedabad - 380 013, Gujarat, India Tele | 27551333, 27552333 | E-mail: services@kpcindia.com | Web : wwwkpcindia.comKANTILAL PATEL & Co. (CHARTERED ACCOUNTANTS (a)are presented in accordance with the requirements of regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, in this regards; and (b)give a true and fair view of the net profit and other financial information for the quarter ended March 31, 2016 and for the year ended March 31, 2016. 4, Further, read with paragraph 1 above, we report that the figures for the quarter ended March 31, 2016 represent the derived figures between the audited figures in respect of the financial year ended March 31, 2016 and the published year-to-date figures up to December 31, 2015, being the date of the end of the third quarter of the current financial year, which were subjected to a limited review as stated in paragraph 1 above, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. For KANTILAL PATEL & CO. ‘CHARTERED ACCOUNTANTS. Firm Reg.No.: 104744 Place: Ahmedabad (error) 3 9 Partner Date: April 30, 2016 10 ‘Membership No. : 153599 202, Paritosh’, Usmanpura (River front) Ahmedabad - 380 013, Gujarat, India Tele: 27551333, 27552333 | E-mail: services@kpcindia.com | Web www kpcindia comKANTILAL PATEL & CO. CHARTERED ACCOUNTANTS Independent Auditor’s Report on Consolidated Year to the Date Result of the Company pursuant to. the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 To The Board of Directors of Gujarat Ambuja Exports ited 1. We have audited the accompanying consolidated financial results of Gujarat Ambuja Exports Limited ("the Company") for the year ended March 31, 2016, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, 2. The consolidated financial results for the year ended on March 31, 2016 have been prepared on the basis of the annual consolidated financial statements as at for the year ended March 31, 2016 and the relevant requirements of regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and are responsibility of the Company's Management and have been approved by the Board of Directors of the Company which is in accordance with the recognition and measurement principles laid down in Accounting Standards 25, Interim Financial Reporting, specified under Section 133 of the Companies Act, 2013, read with relevant rules framed thereunder and other accounting principles generally accepted in india. 3. We did not audit the financial statements of wholly owned subsidiary included in consolidated financial results, whose consolidated financial statement reflect total revenue of & 0.003 crores for the year ended March 31, 2016. These financial statements and other financial information have been audited by other auditor whose reports have been furnished to us and our opinion on the year to date result, to the extent they have been derived from such financial statements is based solely on the report of other auditor. 4, 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 statements are free from 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 year financial results: (a) include year to date result of wholly owned subsidiary, (b) are presented in accordance with the requirements of regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, in this regards; and (€) give a true and fair view of the net profit and other financial information for the year ended March 31, 2016. For KANTILAL PATEL & CO., ‘CHARTERED ACCOUNTANTS Firm Reg, No.:108748W pagirosh SND Faoe Users (ecrtront radabo 38008. tl Patel Partner ‘Membership No. : 153599 Place: Ahmedabad Date: April 30, 2016 202, Paritosh’, Usmanpura (River front) Ahmedabad - 380 013, Gujarat, India. Tele 27551333, 27552333 | E-mail: services@kpcindia.com | Web : wwwwkpcindia.comForm A (for audit report with unmodifi ‘Name of the Company: Gujarat Ambuja Exports Limited ‘Annual Standalone financial statements for the year ended ‘31* March, 2016 Type of Audit observation Un Modified Frequency of observation To be signed by- a, Managing Director b. Chief Financial Officer c. Mis. Kantilal Patel & Co., Auditor of the Company d. Chairman of Audit Committee Date: 30 April, 2016 | Place: Ahmedabad Not Applicable as the Report is Un Modified (N. Giridhar) (inal A. Patel) puch (Sudhin B. Choksey)Form A (for audit report with unmodified opinion) ‘Name of the Company: Gujarat Ambuja Exports Limited ‘Annual Consolidated financial statements for the year ended ‘31* March, 2016 Type of Audit observation Un Modified Frequency of observation ‘Not Applicable as the Report is Un Modified To be signed by- a. Managing Director 4 b. Chief Financial Officer c. Mis. Kantilal Patel & Co., Auditor of the Company d. Chairman of Audit Committee Date: 30” April, 2016 Place: Ahmedabad nish V. Gupta) | we (N. Giridhar) (ital A. Patel) rc& (Sudhin B. Choksey)GUJARAT AMBUJA EXPORTS LTD. CIN - Last40Gu1891PLCo16151 Ambuja Tower, Opp. Memnagar Fire Station, Post-Nayjvan, Ahmedabad-280014. India. Phone : 00-81-79-26423316-20, 26405535-37.39 Fax : 00-91-79-26423079 E-mail: info@ambujagroup.com + Visit us at - warw ambujagroup.com /www.ambujaglobal com Fe RTE RR TR RT cso tom Opens Tera a] ty aay esx aul) esl ‘ham bye eeGUJARAT AMBUJA EXPORTS LTD. CIN - L15140GJ1891PLCO16151 ‘Ambuja Tower, Opp. Memnagar Fire Station, Post-Navjvan, Ahmedabad-280014, India. Phone 00-91-79-26423316-20, 26405535:37.39 Fax : 00-91-79-26423079 E-mail info@ambujagroup.com + Visit us at waw ambujagraup.com / www ambujaglobal.com « amrcuane saan] sees | waa —| aa sone [Se ba ‘oneal as ay ra, 1 fester ena wo] ma] eae] aee]ameal) alc [gerne ane and hn i) te aa 5 tana ea 1 fencer wi] ia eo] fea] ca 1 letampercse en eae on el ‘aaa H * NiSterene ea) son) sar] sare) aca r » [iene erie en ca) ‘mn 2] “aa “hn “a 5 [ttm ny aetna cet tran) SB) al a van ae Be 1 [etarraene = mn) ox sa on sa ew! oof oa 2 tn enn ener er a oe atl ve 1s aro fae since Er er eT ao] ea] aa 12 [weet er | aa ‘os cm “ea ‘a 1 fete teaererat et) wa) alae al) sae ua] ‘ dy ne Athen) wal om a | a 1, ese eso tet tose i tn nny ed Oo Cry aid Tanai aes] as sara aon pene Tear 73] om a a sa] est cy seen ae Be ecra mand earsGUJARAT AMBUJA EXPORTS LTD. CIN - L1st40GJ1991PLCO16151 ‘Ambuja Tower, Opp. Memnagar Fire Station, Post-Navjvan, Anmedabad-380014 India. Phone - 00-91-79-26423316-20, 26405535:37.39 Fax : 00-91-79-26423079 E-mail. info@ambujagroup com + Visit us at: warwambujagroup.com / aw ambujaglobal com ‘Soret emt i ten tnt £442) ey ha Ch nS pnt a 6 Al eter in vert et ft Md Mh pa A pb ie Si Si Sn oy ong Cretan mn Pt So ety i ingen ene 4 Cs ttn el [trawl oe pene e ngigatunape stern mae Bon cmganbewe are gat, fae neGUJARAT AMBUJA EXPORTS LTD. 4 CIN - L18140GJ1991PLCO16151 Ambuja Tower, Opp. Memnagar Fire Station, Post-Navjvan, Ahmedabad 380014 India Phone 00-81-79-26423316-20, 26405535-37.39 Fax : 00-91.79-26423079, E-mail info@ambujagroup.com + Visit us at: www ambujagroup.com / vayw ambujaglobal com [8 in Crores J Statement of ASsts and Labs as per Regulation 3 of SBI (isting Obligations and Dscoeure Requirements) Regulations, 2015 Bas oe : : : ae aT ‘Sub - Total Current Liabilities) —_ 42233] 373.39] 42233] 373.50] ‘TOTAL - EQUITY AND LIABILITIES] 4421.44 128290] 1471.15] 4284.38) se : ‘Sub - Total Non-Current Assets} T4011 a276| 740.14] 382.88] Z ‘TOTAL - ASSETS| 1421.14] 1282.90] 4421.15] 1264.38)