Manqalam

OrganicX Limited

Head Oftico : 812, Tulsiani Chambers,

212, Nariman Point, Mumbai - 400 021.
Tel. :91-224920 40Ag I 22A2 4OAg
Fax :91-224920 4081 I 228/ 12A1
Email : info@mangalamorganics.com
Web : wa/umangalamorganics.com
clN - 124110MH1981

Factory : Village Kumbhivali,

Savroli-Kharpada Road,
Khalapur-410 202,
Dist. Raigad (Maharashtra)

Iel. 02192 - 276

14O

PLCO2zl742

UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED ON 3oth JUNE,20I5.

Net Sales / lncome from

otal lncome from oDerations I a + b

work in orocess and stock-in-trade

Profit (+)/Lossc) from Ordinary Activities before tax

Net Profit (+)/ Loss

t5-6

(, from Ordinary Activities

after tax

Value of each share Rs.1

Basic and diluted EPS before

@a ngalacp
Camphor

Creditworthiness

items for the Deriod. for the vear to date and for

Basic and diluted EPS after

for the Deriod. for the vear to date and for

of shares (as a

o/o

ofthe

of shares (as a

o/o

of the total

of shares (as a % of the

The abovd"6"!dited Financial Results were reviewed by the Audit Committee and thereafter were
the Board of Directors of the Comoanv at its meetino held on 14th Auqust. 2015. The statutorv auditors have
carried out a Limited review of the above financial results.
There was a maiorfire in the Company's Plant at Kumbhivali inthe curent quarterwhich has resulted
in substantial loss of Plant and
structure and lnventorv of about Rs. 28.31 crores for
which claim with lnsurance ComDanv is beino lodoed. The effect of the said loss has been accounted on
estimation basis as
item in the ouarterlv results and adiustments. if anv. will be made on
actual loss basis. Like wise in accordance with Accountinq Standard (AS)-29 in relation to
claim for insurance will be accountated on ascertainment of reasonable
after survevo/s reoort and final assessment of Loss.

the ouarler. no investo/s comolaints received and there were no investors

for

redressal al the end of the

as defined in AS-17 is not aoolicable since the

of the

Date

14th Auoust.2015.

has

have been re-orouoed / re-arranqed wherever necessary to

5'l 5, Tulsiani Chambers,

Nariman Point,
Mumbai - 400 021 (lndia)
Tel :2204 47 37 . 2283 09 90
E-mail : enquiry@rkabra.net

z (r;ozt a co.
CHARTERED ACCOUNTANTS

The Board of Directors,

MANGAIAM ORGANICS LIMITED,

Mumbai400021
Dear Sir,
Sub: "Review Report'' for the Quarter/ Three Months ended on 3orh lune. 201s-

We have reviewed the accompanying Statement of Unaudited Financial Results of M/s. MANGATAM ORGANICS UMTTED
("the company") for the quarter ended 30th June, 2015 being submitted by the company pursuant to the requiiement of
Clause 41 of the Listing Agreements with the Stock Exchanges which has been approved by the Board of Direc[ors 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. Management is responsible for the
preparation and presentation of the statement in accordance with applicable Accounting Standards and other recognized
accounting practices and policies. Our responsibility is to express a conclusion on the said Statement based on our review.
We conducted our review in accordance with the 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 tndia. 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 significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
Based on our review conducted as above, except

that:

a)
b)

Compliance of the Accounting Standard-ls on Employee Eenefits will be done at the year end;

c)
d)

ComPliance relatint to Accounting

e)

The loss by fire as per note no. 2 of unaudited financial results is accounted on estimated basis and adjustment,

C-ompliance of the Accounting Standard-29 (AS- 29) regardinS disclosure on Provisions, Contingent
liabilities and Contingent Assets will be done at the year end.

Standard-l8 on Related Party Disclosure is subject to verification.

Compliances relating to Companles Act 2013 is subject to verification.

it

any shall be accounted on astual basis after ascertainment of actual loss and the consequentiai claim for
insurance, thereof.

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 and other recognized accounting practices & policies has not
disclosed the information required to be disclosed in terms of clause 41 of the Listing Agreement including'the manncr in
which it is to be disclosed, or that it contains any material misstatement.
Thanking you,
Yours faithfully,

For R, Kabra & Co,

Chartered Accountants
FRN: 104502W

C^r
O
L1:i--L1
_\
":- \
(Sanjav Jurana)
Partner
M.No. 046568
Place: Mumbai

Date: 14th August, 2015