ABC

ABC Bearings Limited

Registered Office: 402 - B, Poonam Chambers,
Dr. Annie Besant Road, Worli, Mumbai - 400 018
CIN: L29130MH1961 PLC012028

Phone
: +91 22 2496 4500
F a x : +91 2224950527
E-mail: regdoff@abcbearings.com
Website . www.abcbearings.com

27th July, 2016.

SEC/ABCIBSE/SBD/137/MVP/2016

BSE Limited,
P.J. Towers,

Dalal Street, Fort,

Mumbai - 400001.

Dear Sirs,
Sub: Unaudited Financial Results for the Quarter ended 30th June, 2016.
Ref: Scrip Code No. 505665.

Pursuant to Regulation 33(3) of SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, we are forwarding herewith Unaudited Financial
Results for the quarter ended 30th June, 2016.
The above results have been reviewed by the Audit Committee and approved by the
Board of Directors of the Company at their meeting held on 27th July, 2016.
We also enclose "Limited Review Report" dated 27th July, 2016, issued by our
Statutory Auditors, Mis. Parikh & Shah, Chartered Accountants, Mumbai, III
respect of Unaudited Financial Results for the quarter ended 30th June, 2016.

Kindly take the above on record.

Thanking you,

Yours faithfully,

~or.
)

cr'

earings Limited

.",

U.
//
--'.~--

S.B. Desai
Company Secretary

Encl: As above.

PLANT

NARMADA NAGAR, BHARUCH - 392015 GUJARAT Tel.: (02642) 248222/23/24 Fax: (02642) 241591

ABC Bearings Limited

Regd. Office: 402-B, Poonam Chambers, Dr. Annie Besant Road, Worli, Mumbai - 400 018.

CIN:L29130MH1961PLC012028

Phone :+91 22 24964500: Fax:+91 2224950527: E-mail:regdoff@abcbearings.com: Website:www.abcbearings.com

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2016
Sr.
No.

Cuarter ended
Particulars

Income from operations

a) Net Sales/Income from operations
(Net of excise duty)
b) Other Operating Income
Total Income from operations (net)
Expenses
2
a) Cost of Materials Consumed
b) Purchase of Stock -in-trade
c) Change in inventories of finished goodsl work-in
progress and stock-in-trade.
d) Employee Benefit Expenses
e) Depreciation and Amortisation Expenses
f) Other Expenses
Total Expenses
Profit from Operations before Other Income,
3
Finance Costs and Exceptional Items (1-2)
4
Other Income
Profit/CLoss) from ordinary activities before
5
finance cost and Exceptional Items (3+4)
Finance costs
6
Profit /(Loss) from ordinary activities after
7
finance costs but before Exceptional Items (5-6)
Exceptional Items
8
Profit( + )/Loss(-) from Ordinary Activities
9
before Tax (7-8)
10 Tax EXjlense
11 Net Profit (+)/(Loss) (-) from Ordinary
Activities after tax (9-10)
12 Extraordinary Items
(Net of Tax Expenses Rs. Nil )
13 Net Profit /(Loss) for the period (11-12)
14 Paid up Equity Share Capital
I
(Face value Rs. 10/ per share)
15 Reserves Excluding Revaluation Reserves as per balance
sheet of previous accounting year
16 Earnings Per Share
i) Basic & diluted EPS before Extraordinary
items for the period (Not Annualised)
ii) Basic & diluted EPS after Extraordinary
items for the period (Not Annualised)

Rs in Lacs
Year ended
31.03.2016
Audited

31.03.2016
Audited

30.06.2015
Unaudited

4,994.96

5,246.78

4,378.93

17,815.20

30.27

35.20
5281.98

43.05
4421.98

149.05
17964.25

2,415.01

2,328.73
1.88

1,998.41
7.68

7,956.91
28.50

12.26
533.39
316.56
1 147.13

220.76
546.61
317.18
l,246.30

990.88
2[087.29
1,251.49
4,170.11

4A24.35

4 /661.46

248.54
536.38
315.28
978.17
4084.46

600.88
22.95

620.52
23.85

337.52
12.02

1A79.07

623.83
124.01

644.37
151.31

349.54
184.59

1[536.16
697.84

499.82

493.06

164.95

838.32

499.82
174.56

493.06
174.08

164.95
54.54

838.32 .
290.37 I

325.26

318.98

110.41

547.95

30.06.2016
Unaudited

5 /025.23

16A85.18
57.09

325.26

318.98

110.41

547.95

1 155.00

1,155.00

1,155.00

1,155.00

11,541.17

2.82

2.76

0.96

4.74

2.82

2.76

0.96

4.74

Notes:
1 The Company is primarily engaged in the business of Bearings and accordingly there are no separate reportable
segments pursuant to Accounting Standard-17 on "Segment Reporting".
2 The above results subjected to a "Limited Review" by the statutory auditors have been reviewed by the Audit
Committee and approved by the Board of Directors at its meeting held on 27th July, 2016.
3 Figures have been regrouped wherever necessary for comparison.

For and on behalf of the Board of ~irec~ors

Place: Mumbai

Date: 27th July[ 2016.

r. \wJt ~

P. M, patel
Managing Director

PARIKH & SHAH

(REGD.)

CHARTERED ACCOUNTANTS

H.
D.
V.
H.

S.
B.
M.
K.

PARIKH, B.Com.,F.C.A.
MOHINI, B.Com.,F.C.A.
PARIKH, B:Com.,F.C.A.
DESAI, B.Com.,F.C.A.

23630269
Phones: { 2363 23 74
2361 8373
Fax: 9122-2361 8472
E-mail: parikhnshah@gmail.com
Bhupati Chambers, 1st Floor,

13, Mathew Road,

Opera House,

MUMBAI - 400 004.

To,

The Board of Directors,

ABC Bearings Limited

MUMBAI.

We have reviewed the accompanying statement of unaudited financial results of

ABC Bearings Limited for the quarter ended 30 th June,2016. 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 F~eview
Engagement (SRE) 2400 Engagements to Review Financial Statements issuE'd
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 appliE'd
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 unaudited financial
results prepared in accordance with applicable Accounting Standards and other
recognised accounting practices and policies has not disclosed the information
required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations,2015 including the
manner in which it is to be disclosed, or that it contains any material
misstatement.

Date: 27th July,2016

Place: Mumbai

(H.K.Desai)
PARTNER
Membership No. : 13719