@ffi

EcARtrAITolt INDUSTRIES LTD

lSO900l:2008

222, ACHARYA JAGADISH CHANDRA BOSE ROAD, KOLKATA.TOO OI7, INDIA

(D : (+9t-33) 2280 3127, 22902236, 2287 8229, Fax : (+91-33) 2287 9938

E-mail : info@carnationindustries.com. Web: www.carnationindustries.com.

CIN

: L27 209W

B I 983PLCO35920

Dt:11.11.2016
The Asst. General Manager
Listing Department
BSE Ltd.
P.J. Towers, Dalal Street
Mumbai - 400 001 .

The General Manager

The Calcutta Stock Exchange
Ltd.

6, Lyons Range
Kolkata - 7A0 001.

Dear Sir,
Sub: Un Audited Financial Results for the quarter
September. 2016 and Limited Review Report

ended 30th

We are enclosing herewith the Unaudited Financial Results and

the Limited Review Report for the quarter ended 30th September,
2016.The results were taken on record by the Board of Directors at
its meeting held on 11th November, 2016.
Kindly acknowledge.
Thanking you
Yours faithfully
For Carnati'on lndustries Ltd

Ja

Com

ganrual

y Secretary

Encl: as above

Registered Office
2El1, JHEEL ROAD, P.O.SALK|A,

LILUAH, HOWRAH - 7lt t06

Phone

JAIN & BACARIA

CHARTERED ACCOUNTANTS

.
27 ISA,WATERLOO STHEET, KOLKATA 7OO 069

REVIEW REPORT

We have reviewed the accompanying statement of unaudited financial results of

CARNATION INDUSTRIES LIMITED for the quarter ended 30s September, 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 sonducted our review in accordance with the Standard on Review Engagement

(SRE) 2410," Review of Interim Financial Information Performed by the Independent

Auditors 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 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

of Regulation 33 SEBI (Listing Obligations and Disclosures Requirements)

Regulations, 2015, including the manner in which it is to be disclosed, or that it
terms

contains any material misstatement.

FoT

JAIN & BAGARIA

Chartered Accountants
27 l8A, Waterloo Street,

Kolkata

Dated:

700 069

I IN0V lcl6

(B.K.AGARWAL)
Partner

Mem. No. 065361

FRN:310045E

t 2243 561 I
rlzZqg562l

CARNATION INDUSTRIES LIMITED

1 1 06'
Regd. Offlce : 2811,JHEEL ROAD'LILUAH'P'O''SALKIA'HOWRAH-71
Fax : (+91-33) 2287 9938
8229'
9284,2287
3127,2290
2280
(+91-33)
Ph.No.:
Email: sanjay@carnationindustries'com'

l'AK I

CIN

:www.carnationindustries'com'
Website :www

L27209WBl 983PLC035920

(Rs. in laKns

r ',
,tt :=,::::i:i;i:l:
rllrarrvrqr No\
Statemenl OI Unauol(eq
I

.t.^

,^,

+h^

.!
n,

lTa Siv mbnth ended 30tn

rad.

5 )temDer. ZUlo

Particulars

30.09.2016
(Unaudited)

ncome from Ooerations

O) Other Operating lncornq . ..

i;CiTcodffioPerations (ne0

-- -

al uosr ol

hl Purcnase

or st()u(-IlFuass

goods,work-in-progress

@hed

and stock-in-trade
at Emolovee benefits expense
Et oeoreciation and amortisation
0 Other expenses

e)Qense-

and exceptional items (1-2)

Other lncome

\udited)
9,428.00
414.13
9.842.13

2,813.15
99.81
2,912.99

3,996.31
152.84
4.149.15

s.138.88

1.089.08

,t aza )1

2,139.57
10.28

2.805.37
0.62

4,782.96

1,050.49
6.37

58.19

275.66

662.61
71,83
1.335.89
4,934.51

1,262.11

138.15
2,796.72
e.257.17
584.96

3.91

200.21

5,339.09

before exceotional ltems (5t6)

xceotional ltems
Profiv(Loss) Ifom Urolnary acrlvltles eelert ta^ 1' r e'
10 Tax Expense
nctivitieg atter tax (9 tto)
11
12 ExtraorOinary ltems (Net of tax expense)
13 Net Protlv(Loss) Ior Ine perloq ( t t!. tz)
-(Face value Rs.1o/-Per
14
Reserves as per balance sheet
9

ffiinarv

ffi

(22s.6e)

146.31

al1'r aa

341.77

(278.25)
633.48
60.54
1,285.39

1.57

30.37

30.1 7

646.61
? no7 50

638.78
1.843.51

2,645.11

166.57

131.57

267.88

298,14

404.58

54.94

2.06

27.75

57.79

108.73

5.OC l.U

186.51

269.94

325,89

462.37

693.69

112.64

178.59

205.79

306.23

392.61

46.23

73.87

91.35

20.1 0

156.14

301.0E

91,35
16.73
74.62

20.1 0

56.1 4

39.44
80.66

25.80
130.34

301.08
67.30
233.78

80.66
345.72

130.34
345.72

233.78
345.72

ffi

31.03.2016

76.29
1.975.0E

ffi

exceotional items (3t4)

30.09.2015
(Unaudited)

1.89E.79

139.38

JUnaudited)

30.09.2016
(Unaudited)

2,097.52
76.55
2.174.07

(52.56)

osts
3

30.09.2015

gxoens6

30.06.2016
(Unaudited)

Year - Ended

Half Ybar Ended

c tuarter -Ended
SL.
No.

46,23.

73.87

21.67
24,56

17.77

56.10

24.56
345.72

345.72

56.1 0

74.62
345.72

1,485.86

@luation

15

of orevious accountino vear

16

tjEatnrndper S,",aAbefo;e extraordinary items) (of Rs 10/'

each)

o.71
0.71

1.62
1.62

2.16
2.16

2.33
2.33

3.77
3.77

6.76
6.76

o.71
0.71

1.62
1.62

2.16
2.16

2.33
2,33

3.77

6.76
6,76

ii)Earnings per Share (after extraordinary items) (of Rs. 1O/'each)

b) Diluted

3.77

TO REGULATION 33 OF THE SEBI

SEGMENT REPORTING FOR THE QUARTER ENDED 3OTH SEPTEMBER,2OI6 PURSUANT
(LtsTtNG OBLTGATTONS AND DTSCLOSURE REQUIREMENTS) REGULATIONS'2o15'

( Rs. in lakhs)
SL.
No.

a.

Particulars
30 09 2016
(Unaudited)

Exoorts
North America

b.

Errope
d. Australia
2

Quarter - Ended
30 06.20',16
(Unaudited)

Domestic
Net Sales / !ncome From OPerations

1,072.46
609.06
385.87
9.56

921.80
467.47
506.22

20.57

3.30

2,097,52

1,898.79

30 09.2015
(Unaudited)

Half Year Endeo

30.09.2015
30.09.2016
(Unaudited)
(Unaudited)

Year - Ended
31.03.2016
(Audited)

3,754.84
2.824.71

1,994.26
1.076.53
892.09
9.56

2.074.33
1.494.60
1.525.04
3.26

16.59

23.87

41.65

44.62

2.813.18

3,996.31

5,'t38.88

9,428.00

1,241.13

938.84
616.61

2,768.05
35.78

\
u--

,ff-:-I I NOV ?316

CARNATION I NDUSTRI ES LIM ITED

Regd. office : 28/1 ,JHEEL ROAD,LILUAH,P.O.-SALKIA,HOWRAH'71 1106'

(+91.33) 2280 9127,2290 2256,2287 8229, Fax : (+91 -33) 2287 9938
sanjay@carnationindustries.com, Website :www.carnationindustries.com, CIN:127209W81983PLCO35920
'
Statement of Assets and
Ph' No. :

Liabilities

(Rs. in lakhs)
SL.

30.09.2016
(Unaudited)

Particulars
NO.

(Audited)

EQUITY AND LIABILITIES

A
1

31.03,2016

Qharahalrlarc
\ Qhara

Er

nrle

345.72
1,566.49
1.912.21

345.72
1,485.86
1,831.58

71.36
151.52

74.01
145.21

Sub-total - Non-Current liabilities

222.88

219.22

3.626.07
2,901.24

Sub-total - Cuirent liabilities

3.680.88
2.729.22
5.75
25.54
6,441.39
8,576.48

8,679.13

Sub-total - Non-Current Assets

.199.44
0.22
57.39
1,257.05

1,228.99
0.22
58.97
1 ,288,18

Subtotal - Current Assets

984.43
5,271,33
163.96
86.93
812.78
7,319.43

Canilal

h\ Pocaruo & Snmkrs

Sub-total - Shareholders Funds
2

a\l ono-term borrowinos

b)Deferred Tax Liabilities (net)

c\l ono-term orovisions

d)Creditor for Capital Goods

Current Liabilities
a)Short-term borrowinos
b)Trade oavables
c) Other current liabilities
d)Shortterm provisions

TOTAL - EQUITY AND LIABILITIES

Non-current assets
a) Fixed Assets
b) Non-cunent investments
c) Lono-term loans and advances

6,628.33

ASSETS

B
1

24,87
76.1 5

Gurrent assets
a) Current lnvestments
b) lnventories
c) Trade Receivables
d) Cash and Bank Balances
e) Short-term loans and advances
f) Other current assets

TOTAL . ASSETS

784.71

5,427.73
195.28
114.13

869,10
7,390.95
8.679.13

8,576.48

Notes:
results were reviewed by the Audit Committee, and approved by the Board of Directors in its meeting held
on I lth November, 2016 and also the Statutory Auditors have carried out the limited review of the same.
2. Figures for the previous periods are re-classified / re-arranged / re-grouped , wherever necessary, to correspond with
the current period's classification / disclosure.
3. Other operating income representing mainly export incentiyes
4. The Company is engaged in the manufacture of Castings & M.S. Products(Fabricated Steel) which are subject to the same
risk & retums and hence constitute one primary segment. The analysis of geographical segments is based on the areas in

l. The above

which the Company operates.

(Managing Director)

Place: Kolkata
Date :11,11.2016

I I NI]V ?3}6

lrv*@
I

( A.K.Bose)
(Whole time Director)