my @ SAGAR CEMENTS LIMITED SCL:SEC:BSE:2016-17 27th July 2016 The National Stock Exchange of India Ltd., The Secretary “Exchange Plaza”, 5" Floor Bombay Stock Exchange Limited Bandra— Kurla Complex PJ Towers Bandra (East) Dalal Street ‘Mumbai — 400 051 Mumbai — 400 004 ‘Symbol: SAGCEM Scrip Code: 502090 Series: EQ, Dear Sirs Regulation 33. of SEI Further to our letter dated 15th July, 2016, we are pleased to forward herewith our un-audited standalone and consolidated financial results for the first quarter ended 30" June, 2016, which ‘were taken on record and approved by the Board at their meeting held on today, after review by its Audit Committee. We are also forwarding herewith the Limited Review Report furnished by our Statutory Auditors, which was also taken on record by our Board at their said meeting. ‘Thanking you Yours faithfully For Sagar Cements Limited AF 0 pheSe4 2 sora pany Secretary Encl 1, Results 2. Auditors’ Certificate (Standalone and Consolidated) Registered Office : Plot No@, <2 SAGAR CEMENTS LIMITED ‘STATEMENT OF UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 20, 2016 (to indian # lakhs, except per share data and unless otherwise stated) Guarda Yeorended [Quareronin] Yeu sane iS m0 re] Yaoese ane warn ane] fone ne] warn ae unawares) | igre 4, | _(uraunes) ued unauaines) usin eet | meh | | isn | ae | i 1 [em eo aertin fhe coe fon ops Ro asuee| ate | —seeroes| — erase] — arse] Te ober serene sg] areata tes et “ota income rom operas RED as26| —we3srae| —Toaarss| —exvez| —Toyazst| rasta 7 Tespenees Cos aia Sone ETRE Tame] tastes | —rareee| — ama] — gaara} — area St ructaen cit aerss[— sansa ia {5 Changes ive of ane gods WORN FORE aw] WEE] — aaa} —seeaa] —arees] waar] ant Powe a Tia | See ae ee ee] a Sree a eee tomes Sute[ —fsae] sees] —iooerset —Sarrae|—teuanae (hemos bots ease seoue| —tieear| —eeras| —aversr]—tasre| “er 38 Copecaton se ena as r| —“vsose| —eeron| —gunere| tases | Sg hone sues zee} ane] assis] — Ae ‘ois eperase Taseert| “taste 2] —teaorvel —ecgor sr] —ta-gago| —eesos Tet sonra bls Orne anes Ca TL see] —tanrar|—samnre| —“taseo| ‘arta | —“Ronsar = ee eee Seeae] —“Tarso|— “anne | —earteg| “neers [Bat ro rina ao tr ance cons Tatas| —zazoar| —seeaan| —vooo053| —tasnao] —aan.se erro eo ae [Prt rm rian ses Boor SL tenes | —trenso[—aaezse[ amas rant [eave gp = [Tarecestoeett Sease| —“seeae| —toeees] eaters] aes © Phe rfc fore peed 7 —sssa | azteca] —aaenni| —sarere[ enrol —aeose To [ Pap ey st cast (ace TOA ee | Mast eet et ees — aS [Rees lug luton sane : : wy [ears peste bse © Bead] oT RO ean TE aa] a7] a] — see] — 5] at arnvsieed) 7) AnD Notes 5¥0) "Tendon Accourg Strand AS) a noted unde the Caran nan Aczoung Sands) ules, 26a opal he Copan nis ‘hac operas conmercny on rte p20, The esata unr otedJna 90201 ea perme nets na AS (©) Purser he SEDI Crear CIRICFOFACIE2201 dtd Jy 05206. pblaed fares fhe Sanne frac et re aan ene Jone 3, {ors rave on ec ond As oe eet appa ne conga sna have been ppt scorer mtn he Congas (en Acracng Sandee) ile 215 Tm nae no en suet mee eve Oa Honea he maragean Na ecard Nesey Ge augene rare atte anes teas ov fue otal Gonouy tare. (© Aracositon tanh anéone pos sopra anh nd AS acs rf rh Stnslne rancil et forte geared June 30205, at Paris Thais et ro opr Torte guaran suns 0,275 pa) pea aaa Fig co 73] (©) Submision of he Ins AS compsant franca resus fr the quarter and year ended March 31,2018 not blog mandatary ae hs aczardance with Accounting Standatss oti under the Companies (Accounng Standards) Rules 2006 and areas reported eae. 2. The sbove foal resus were revewed and recommended by he Aust Commitee and later approved by the Board of Directors ofthe Company tha respective Imeetngs nelson July 27,2076. The stator ausors have coed outa sted review of he facil esi. 3. Inthe standalone franca result, the cost of materi consumed forthe quarter ended March 31,2016 icudes a reversal of provision ameuntng to € 448.0 lakhs ‘shies was cate in he earer quarters pr toe formaton of Disc Mineral Founsaton COM) towards adaoral royal payabe under The Mies and Manes (Gevetement and Repuston) Amenament Act 2018 The provision hs been reversed based on legal vite recewvedby the management 4. a \@G XE 2) Registered Office : Pot Na ||, Rosd No.0 tiles Hil Hyderabad - 500033, Phone: +91-4023351571,23356872. Fax +9140.23356873 info@ragareementsin. wrowsagarcementsin CIN :t26ea2TG1981PLco028e7@, 32 SAGAR CEMENTS LIMITED 4 Sgment infomation f presented forthe consoidated fan eels 3 permite under he Ins AS 105"Operting Segments’ red under te Companies (san ‘esouring Standards) Rules, 2015 read wih Accounting Slandara (AS) 17 "Segment Raporng” noted under Secon 133 of te Companies Act 2013, ead with Rise 7 ofthe Companies (accounts) Rules. 2014 tinoins amma] ene ‘Set | aaa nh | val soa Roa an paar] rose ages Lerne|—anear fat abana | —rraanso ae is Sopra Ree nar{— Fr issn Fam Operas wnat | reuse egret hens Rote tae nae ae ToT sen [area Tore] arose parr iee| ees fear aria | ganas to ee uso | avee ane Rar NOTES RST sat “earl fat ret Sees Ta asst sate [capt enslaved (Segment aes Set Cab) (ae rama | aaa irons eee [Bie esos a Fae a saan | essa 5 ln he eomeegondng quar ofthe prevus yar the Company dé ot have ony subsdary ana ence comparsve figures for consolidated resus has not been presente 6 The fgues ofthe quater ended March 31,2016 ae the batancng tgures tetacen the aud figures in respect fhe ful marcil year ended March 31, 2018 and publened year to eat ites Upto fe quan f Nanci oar endea March 31,2018. 7 Corresponding previous prods gues have been regroupedtelassfig, wherever considered necessary to coespond wih te cent perio’ grouning Foe Sagar Cements Limited & Nisam Place: Hyaerabad S veer Date ay 27, 2018 managing Di ZR fF &.@@ « ) Registered Office : Plot No.I1!,Rosé Nao, a is, Hyderabad - 500033. Phone :+91-40-23351571, 22356872. Fax: +91-40-23356873 inflo@sagarcemencsin. wwsaparcementsin ‘CIN (269427G1981P1.C002887Deloitte Haskins & Sells Chartered Accountants Vase 38s 3rd Foor, Gowra Geand, 5.P. Road, Begumpet Secunderabad 300003, Telangana india Tet 291040) 6603 2600 Fe ¥91 (040) 65032714 INDEPENDENT AUDITORS? REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL, RESULTS, ‘TO THE BOARD OF DIRECTORS OF SAGAR CEMENTS LIMITED. 1, We have reviewed the Standalone Financial Results (“Results”) of SAGAR CEMENTS LIMITED (“the Company”) for the quarter ended June 30, 2016 included in the accompanying Statement of Unaudited Standalone and Consolidated Financial Results (“the Statement") being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIRICFD/FACI62/2016 dated July 5, 2016. The Results include in the Statement, which is the responsibility of the Company’s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Results based 2, We conducted our review of the Results in accordance with the Standard on Review Engagements, (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Autor 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 Results is free of material misstatement. A review is limited primarily to inguiries of Company personnel and ‘analytical procedures 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 3. Based on our review conducted as stated above, nothing has come to our attention that causes us 10 believe that the accompanying Results, prepared in accordance with the aforesaid Indian Accounting. Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIRICFD/FACI62/2016 dated July 5, 2016, including the manner in which itis to be disclosed, or that it contains any material misstatement 4. We have not reviewed the financial results and other financial information for the Quarter ended June 30, 2015 which have been presented solely based on the financial information compiled by the Management. For DELOITTE HASKINS & SELLS Chartered Aceounignts (Finm’s Registration No, O080fPS) SECUNDERABAD, July 27, 2016wpelwesses Haskins & Sells Chartered Accountants 9.988 385 31a loo, Gowra Grand 5.P. Road, Begumpet Secunderabad 300003 Telangana, nce Tek +91 (040 6603 2600 Fax 91 (040) 6503 2714 INDEPENDENT AUDITORS’ REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL, RESULTS, ‘TO THE BOARD OF DIRECTORS OF SAGAR CEMENTS LIMITED 1, We have reviewed the accompanying Consolidated Financial Results ("Consolidated Results”) of SAGAR CEMENTS LIMITED (‘the Holding Company”) and its subsidiary (the Holding Company and its subsidiary together referred to as “the Group”) for the Quarter ended June 30, 2016 included in the accompanying Statement of Unaudited Standalone and Consolidated Financial Results ("the Statement”), being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2013, as modified by Circular No. CIR/CFD/FACI62/2016 dated July 5, 2016. The Consolidated Results included in the Statement, which is the responsibility of the Holding ‘Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting” (“Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility isto issue a report on the Consolidated Results based on our review. 2. We conducted our review of the Consolidated Results in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed 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 wither the Consolidated Results are free of material misstatement. A review is limited primarily to inquiries of Holding Company personnel and analytical procedures applied to financial data and thus provides less assurance than an aul. We have not performed an audit and, accordingly, we do not express an audit opinion. 3. The Consolidated Results include the results of BMM Cements Limited (Subsidiary of the Company), 4. Based on our review conducted as stated above, nothing has come 10 our attention that eauses us to believe that the accompanying Consolidated Results, prepared in accordance with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in lndia, has not isclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIRICFD/FACI62/2016 dated July 5, 2016, including the manner in which itis to be disclosed, oF that it contains any material misstatement, For DELOIPYE HASKINS & SELLS ‘Chartered Accountants tration No.008079S) (Firm's k Batakrishnan Partner SECUNDERABAD, uly 27, 2016 ship No. 201193)