|) Kridhan Infra Limited
(Formerly known as Readymade Steel India Ltd)
12% August, 2016.
To,
Department of Corporate Services (DCS-CRD)
The BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai 400001.
Subject: Outcome of the Board Meeting held on 12 August, 2016 pursuant to
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements}
Regulations, 2015.
ridhan Infra Limited (Scrip Code No. 533482).
Dear Sir,
The Board of Directors of Kridhan Infra Limited at itsmeeting held on Friday, the August
12® August, 2016 approved the following:
1. The un-audited financial results for the quarter ended 30% June, 2016.
‘The meeting was concluded at 4:00 p.m.
You are requested to kindly take the same on your record.
Thanking You,
Yours Faithfully,
For KRIDHAN INFRA LIMITED
Rupesh Jhaveri
Chief Financial Officer
Reg Offce: 113, Coss Ra No.5, Konia Ra MIDC, Marl Andheri (as), Mumbi 400095 8 +3122 4058 9589 Fox: +91 724058 9599
Werke: Vilage Vanwathe, Khopol-Pen Road, Post Donwat, Ta: Khalapur, Dist. Raigad - 410 203. Telefax: 02192 278194 ; Tel: 02192 278163
‘e-mail: info@iridhan.com ; Website: wwwkridhan.com, CIN: L27100MH2005PLC160602|) Kridhan Infra Limited
(Formerly known as Readymade Steel India Ltd)
12" August, 2016
To,
Department of Corporate Services (DCS-CRD)
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai - 400 001
Subject:_ Approval of Un-Audited Financial Results for the quarter ended June 30", 2016
alongwith Limited Review Report.
Ref: Kridhan Infra Limited Scrip Code: 533482
Dear Sir,
In pursuance of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015 we hereby submit following documents:
1 Unvaudited financial results for the quarter ended June 30, 2016,
2. Limited review report for the quarter ended June 30, 2016.
You are requested to kindly take the same on your record.
Thanking You,
‘Yours truly,
For Kridhan Infra Limited
Rupesh Jhaveri
Chief Financial Officer
Enck: as above
Vilage Venwrathe, Khopol-Pen Road, Post - Dorwat, Ta: Khalapur, Dist. Raigad ~ 410 203. Telefax: 02192 278194 ; Tel. 02192 278163,
wc
J. Office: £V13, Coss Rd. No. 5, Kondivita Rd, MIDC, Maral, Andheri (East), Mumbai 400 093 & +91 22 4058 9589 Fax: +91 22 4058 9599
‘e-mail: info@isidhan.com ; Website: wa kridhan.com, CEN: L27100MH2006PLC160602Kridhan infra
ited (Formerly Known as Readyma
Read Oe 4/13, Cots Road NO 5, Kondhita Road, MIDC Marl, Andel (est) Mu
STATEMENT OF UNAUDITED RESULTS FOR THE QUARTER ENDED JUNE 3D, 2016
(s.intze
TANDALONE CONSOLIDATED
se. [Particulars Quarter Ended. Year ended ‘Quarter Ended Year ended
No, 30.06.2016 | 31.03.2016 | 30.06.2015 | 31.03.2016 | 30.062016 | 31.03.2016 | soooa0is | s1.03.2016
(unaudited) | (audited) | (Unaudited) | (audited) | (Unaudited) | (Auaitea) | (Unauateoa) | (Audited)
41 [Total Turnover / income from Operations 2034.0] 2491.09 728.76] 5707.65] 1442987] 1046894] 1302068] 4070.53]
2034.88] 2491.00] 785.76] 70769] 14429871 10468.94] 13020.65| _48070.51
2 [Expenditure
a) (increasey/ Decrease in stock in trade 114i] 390.30] 27658] 41250) 2751] ors] 91s] 67640
b) Cost of Materials 197351] 2024.0] 39631 4992.06] —s0sao} —zete.70) —anazna| —ro4ca.2
ot) other Direct Expenses including consumables | | 503697] aso.a0] 5469.79] 20788.
Jo) Employee benefits expense 120} 9.58 10.40] 437] o7s.ai| 890,70] noo7| 2760.7]
|) Depreciation and amortisation expense 2256 22a 21.94 89.39 s7a.4| saz rrsas| 327065}
Je) Other Expenditure (Ne) 1686 2959 1456 25] 209.04] sir.7 saor| sea.
‘Total Expenditure 1963.63] 2475.95 719.79] $510.34] 1280317] 1008451] 12126.72| _45550.76|
8 |Promt from Operations (before Other income, Finance costs
land Exceptional Items) (1-2) 7125 15.05 65.97] 19735] 1626.70] aeeaa} —g93.93| 339.75}
4 Jotner income (net) 35.59 108.64] 1333] 21337] s2.73 31809] 14236 93.42]
5 | Profit before Finance costs and Exceptional items (3+4) 106.83 123.69] 79.30 41072| 1679.43) 702.811 103629] 4013.17]
6 | inance costs ea 6075 66.77] 23965] 290.5] 2286 zei2] 91.97]
7 | Prot after finance costs bu before Exceptional Items (5-6) aan] 62.94] 1235] 17107] 138868] 369.65] 755.05] 2821.20
8 | Exceptional tems | ; | |
9 |Pront from Ordinary Activities before Tax (748) 4472 62.04] 1233] 17107] 1388.68] 369.65 755.05] 2821.20]
10 fax Expense / (Creat)
Ja) current Tax ase] 1556] 230] 36.1] 22520] 215.1] 90.23 525.62]
b) Deferred Tax 1.30] ral 1as| 539] seo] -a1057 23.65 84.79
|) Tax adjustment fr the previous period 13457]
11 |WNet Pront from Ordinary Activities after Tax (9-10) 34.00] 45.6 1.99] 12953] 1157.79] 265.12] ean.a7] 2245.73
12 |extraordinary items (net of ax exp ,
13 |Net Profit/(Loss) for the period (11-1 34.90) 8 e953 4187.79] 265.42 aaaz} 224571
14 | minority interest 12055 10.85] 7936] 226.011
15 [Not Profit after tax & 34.90] 45.61] 8.99] 12953] 103724] 27567] serai| 2019.70Titra] aaa
ToATESI|
ex 235}
04 235
2a
275]
Limes)Kridhan Infra Limited (Formerly Known as Readymade Stee! India Ltd)
‘Annexure V
Report on consolidated segment Revenue, Results, and Capital Employed for the quarter ended June 30, 2016
(sin lacs]
Particulars Quarterended | quarterended | Quarterended | Year ended
s0/os/2016 | 31/03/2016 | 30/os/z01s_ | 31/03/2016
Unaudited Audited Unaudited ee
H. Segment Revenue
(Net sales/income from each segment)
a) Within India 3,063] 3411 2226] 10,948}
fb) Outside india 11,367] 7,058] 10795} 37,923}
Total 14430 10,469] 13021] 48,871]
Less: Inter Segment Revenue
|Net sales/Income From Operations 14430} 10,469] 13021] 48,871]
2. Segment Results (Profit)(+)/ Loss (-) before tax
|and interest from each segment before minority
interest & other income) #
a) Within india 14] 327 324] 374]
b) Outside India 1513 m1 570} 2946}
[Total 1627| 384] 894] 3,320
Less:
i) Interest** -291 -333 +281 -1192
|i) Other Un-allocable Expenditure net off
(ii) Un-allocable income 53] 318} 142} 693]
[Total Profit Before Tax 1389] 370 755| 2,821
|3. Capital Employed
(Segment assets ~ Segment Liabilities)
a) Within india 9384) 9,346] 9100} 9,346]
fb) Outside india (excl Minority Interest) 9350} 8351] 7808] 8351
[Fora 18734] 17,697 16,908] 17,697
“1 Other than the interest pertaining to the segments having operations which are primarily of financial nature.
4 Profit/loss before tax and after Interest in case of segments having operations which are primarily of financial nature.ATIAPS sz assocures
CHARTERED ACCOUNTANTS
Review Report to
| The Board of Directors
Kridhan Infra Limited
We have reviewed the accompanying statement of unaudited standalone financial
statements of Kridhan Infra Limited (‘the company) for the quarter ended June 30, 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. These statements have been approved by the board of directors of the company and
are the responsibility of the company’s management. Our responsibility is to issue a Teport:
‘on these financial statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE)
2410, "Review of Interim Financial Information Provided by the Independent Auditor of the
Entity’, 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
fmancial statements are free of material misstatement. A review is limited primarily to
inquiries of company personnel and analytical procedures applied to financial data and thus
| provide 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 unaudited financial statements, prepared in accordance
| With recognition and measurement principles laid down in the applicable Accounting
Standards prescribed under section 133 of the Companies Act, 2013, read with relevant
| Tules issued thereunder and other recognized accounting practices and policies has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBL
(Listing Obligation and Disclosure Requirements) Regulations 2015 including the manner
In which itis to be disclosed, or that it contains any material misstatement.
For MEPS & Associates
Chartered Accountants
Firm’s Regn. No. 302014E
jarendra Khandal
| Partner
Membership No.: 065025
Place : Mumbai
Date : August 12,2016
Lee ies dt een Apolo anes Phone: +91 22 2838 9709/10 | Fax: +91 22 2839 9700/10 Ext-104
R. K, Singh Road, Near Sona Udyog, - en eee
‘Andheri(East), Mumbal-400068, India. E-mail: mumbal@mkps.in | areal eegal
States Covered: Maharashtra / Delhi / West Bengal / Odisha / Andhra Pradesh / Telangana / Karnataka / ChhattisgartMIKPS «assocures —
CHAIRTERED ACCOUNTANTS
Review Report to :
The Board of Directors
Kridhan Infra Limited
2015. These statements have been approved by the board of directors of the company and
are the responsibility of the company’s management. 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)
2410, “Review of Interim Financial Information Provided by the Independent Auditor of the
Entity’ 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. A review is limited primarily to
inquiries of company personnel and analytical procedures applied to financial data and thus
Provide less assurance than an audit. We have not performed an audit and, accordingly, we
do not express an audit opinion.
We did not review total revenue of Rs. 12,395 Lacs for the quarter ended June 30, 2016 and
corresponding profits of Rs. 7,002 Lacs included in these statements in respect of
subsidiaries whose statements have not been reviewed and have been consolidated by the
management,
Based on our review conducted as above, nothing has come to our attention that causes us
to believe that the accompanying unaudited financial statements, prepared in accordance
With recognition and measurement principles laid down in the applicable Accounting
Standards prescribed under section 133 of the Companies Act, 2013, read with relevant
rules issued thereunder and other recognized accounting practices and policies has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEB!
(Listing Obligation and Disclosure Requirements) Regulations 2015 including the manner
in which it is to be disclosed, or that it contains any material misstatement.
For MKPS & Associates
Chartered Accountants
Firm's Regn. No. 302014E,
CcANarens andal
artner
‘Membership No.: 065025
Place : Mumbai
Date : August 12,2016
108-109, 1st Floor, Apollo Complex, Phone: +91 22 2839 9708/10 | Fax: +91 22 2899 9709/10 Ext-104
R. K. Singh Road, Near Sona Udyog, 5 j@mkpain | web: wweesrikosin
nese ‘Mumbai-400069. india. eee
i f an Chhattisgar
States Covered: Maharashtra / Delhi / West Bengal / Odisha / Andhra Pradesh / Telangana / Karnataka / a