ADARSH MERCANTILE LIMITED

CIN : L51 109WB L992PLC055082

8A & 88, SatyamTowers,3 Alipore Road,Kolkata-700 027
Fa4: 2479-1952
Phone:2479-1951,
*
Website: www. adarshmercantile.inemail: adarshmercantile@gmail.com

Februaryt},20t6

The Secretary
BSE,limited
Floor 25,P J Towers
Dalal Street
Mumbai - 400 001

Dear Sir,
Ref:

Scrip Code - 538563

f
on of statement of standalone unaudited Financial Results
o.rurt". utrd trin. -onths endedDecember2015

Sub:

pursuant to Regulation 33 of SEBI (Listing obligations and Disclosure Requirements)

Financial Resultsfor
Regulations,2015,we are sendinghere*it} the un-audited Quafterly
as approved by the Board of
the quarter and nine months .;a;d on 31't December, 2015
financial results and noted
Directors along with the Limited Review Repgrt gn the aforesaid
by the Boardin its meetingheld on datei.e.10'nFebruary,2016.
Pleaseacknowledgethe receipt of the above'
Thanking you
Yours faithfullY
For Adarsh Mercantile Ltd.

^.2-

^C+

t btt't+S
SuchitaChhawchharia
ExecutiveDirector

DN - 00044063.
Encl:asabove

Rag E, Co.
CharteredAccountants

Phone2280-2266,Mobile: 9831004140
E - m a i:l r c p l @ c a l . v s n l . n e tr .ci p
n l"i n d i a @ d a t a o n e . i n

Shakespeare
Courl
21A,Shakespeare
Sarani,FlatBC,8th Floor,Kolkata-70O
017

Our Reference.

Date.

Review Report on Quarterly Financial Resultsand Year to Date Resultsof the Company
Pursuant to the Regulotion 33 of the SEBI(Listing Obtigotions ond Disclosure
Requirements)Regulations,20lS
To the Boardof Directorsof M/s ADARSH MERCANTILE LIMITED
We have reviewed the accompanyingstatementof standaloneunaudited financial results of
M/s ADARSH MERCANTILE LIMITED for the quarter & nine months ended December 31,
2015.Thisstatement 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 thesefinancial
statementsbasedon our review.
We conducted our review in accordancewith the Standard on Review Engagements(SRE)
2400, Engagenrcntsto Reaieu Finnncial Stntenrcntsissued by the Institute of Chartered
Accountantsof India. This standard requires that we plan and perform the review to obtain
moderateassuranceas to whether the financial statementsare 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 assurancethan an audit. We have not
performedan audit and accordingly,we do not expressan.audit opinion.
Basedon our review conducted as dbove,nothing has come to our attention that causesus to
believe that the accompanying statement of unaudited financial results prepared in
accordancewith applicable accounting standardsand other recognized accountingpractices
and policies has not disclosed the information required to be disclosed in terms of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulation,
2015including the manner in which it is to be disclosed, or that it contains any material
misstatement.
For Ray & Co.
Firm Registration No.iBt3 1248
Clurtered

Kolkata
February1.0,201,6

{ "'1"

rata Roy
Pnrtner

MembershipNo.051205
Address:21A, Shakespeare
Sarani,
Flat 8C,8thFloor,
Kolkata - 700 017

h,4*rnb;xi
Ctfi** . 4il3 Yashorjhanr,A17, $;lniit. {-iur*fii}CIn
ffast M u m h a i ' 4 t )006 3 * P h c n e: * 9 3 2 2 2 6 1 1 5 S

ADARSHMERCANTILE
LIMITED
CINNo.:151109WB1992P1C055082
Phone
No.0332479I95LFaxNo.03324791952.
RegisteredOffice : 8A & 8B,SatyamTowers,3, Alipore Road,Kolkata-700027
Website: www.adarshmercantile.in

; E m a i |: a d a r s h m e r c a n t i l e @ g m a i l . ' : o m

Statement of StandaloneUnaudited FinancialResultsfor the quarter and nine months ended 31st December,2O15
(All amounts in Rs lacs except EPS)
Vear to date figures for the period
Particulars

Income from Ooerations

(a) Net sales/incomefrom operations
( Net of ExciseDuty )
( b ) O t h e rO p e r a t i n gI n c o m e
Total income from operations

Three months ended

Year ended

ended

31.12.2015

30.09.2015

3L.L2.20L4

3L.L2.2015

3L.L2.2014

Unaudited

Unaudited

Unaudited

LJnaudited

Unaudited

34.27
0"27

64.95

34.27

64.95

59.45

31.03.2015
Audited

71.53

t28.7L

35.48

71.53

128.99

30.30

777.15
4.49

1.27

0.68

0.28

34.54

0.68

30.30
{1.32)

2.56

s.10

0.86

6r.25
3.8s

(d) Employeebenefitsexpense

7.78

L.52

0.18

5.58

0.84

2.t2

e) Depreciationand Amortization Expenses

(f) Other Expenses( Any item exceeding10% ofthe

o.47

0.22

0.81

3.06

t6.22

20.79

31.23
3.31

4.30
(3.62)

65.54

(0.ss)

39.80
(4.32]'

(10.53)

(1s.ss

6.74

26.67
26.08

10.69
6.37

25.00
14.37

26.38
10.83

2.s9

2 Expenses
(a) Costof Materialsconsumed
Ib) Purchasesof stock-intrade
(c) Changesin inventoriesof finished goods,work
in proqressand stock in trade

total expensesrela!ing
to continuing operationsto
be shown separatelv)
Total expenses

3 Profit/ (Loss)from operationsbefore other income,

82.16

t44.54

financecosts,andexceptionalitems (1-2)
4
5

Other Income
Profit/ (Loss)from ordinery activitiesbefore
financecosts,andexceptionalitems (3+4)
FinanceCosts
Profit/ (Loss)from ordinary activitiesafter finance
cost but before exceptionalitems (5-5)

1.93)
1.38

3.12

1.8s

1.05

3.9s

7.68

9.83

(0.47l.

2.07

23.49

2.42

6.69

1.00

(0.47)

2.07

23.49

2.42

6.69

1.00

(0.471

2.07

23.49

2.42

6.59

0.93

(0.47)

2.07

23.49

2.42

6.59

0.93

8 Exceotionalitems
9

Profit/ (Loss)from ordinary activitiesbefore tax

(7+8)

o.o7

10 Tax exoenses
11

Net Profit / (Loss)from ordinary activitiesafter tax

{e-10)

t 2 Extraordinaryitem (net of tax expense)

1 3 Net Profit / (Loss)for the period (11-12)
14 Shareof Profit / ( Loss) of associations*
1 5 MinoritVInterest
1 6 Net Profit / (Loss)after taxes, minority interest
and share of profit / ( loss ) of associations

NA

NA

2.O7

NA

NA

23.49

2.42

367.s0

367.50

NA
6.69

NA

0.93

113+14+151
7 7 Paidup equity share capital (FaceValue of Rs 10
each)

367.50

367.50

357.50

367.s0
L9I.25

18 ReserveexcludingRevaluationReserveas per
BalanceSheetof previousaccountingVear

19. Earningsper share (before extraordinaryitems) of

Rs.10/- each)(not annualised):
a) Basic

l b )D i l u t e d

(0.01)
(0.01)

0.06
0.06

0.64

(0.01)
(0.01)

0.06

0.64

U.UO

0.64

0.64

0.07
0.07

0.18
0.18

0.03
0.03

0.07
0.07

0.18
0.18

0.03
0.03

19. Earningsper share (after extraordinaryitems) of Rs

10/- each)(not annualised)
a) Basic

b)Diluted

NOTES
andFabrics.
& Securities
1 TheCompany
isdealingin MutualFund,Shares
at its meetingheldon 10thFebruary,20t6.
by the Boardof Directors
andwasapproved
resultswasreviewedby the AuditCommittee
financial
2 Theaforesaid
The Auditors has carried out Limited Review(LR)on the aforesaidfinancialresuitsand the said report was placed& noted by the Board.
Consideringthe nature of the Company'sbusinessand operations,there are no separatereportablesegments(businessand/ or geographical)in accordancewith
'Segment
Reporting',issuedby lCAl.
the requirementsof AccountingStandard17
Provisionfor tax shall be consideredat year end.
previousquarter figureshave been regrouped/rearrangedwherever considerednecessaryto make them comparablewith the current period figures.
Shareof Profit/ (Loss)of associationsshall be consideredat year end.
For Adarsh Mercantile Limited
Place: Kolkata
Date : February10, 2016

Director

FROMWHOLETIMEDIRECTOR
CERTIFICATION
2015]
Regulations,
Requirements)
and Disclosure
Obligations
33(2Xa)of the SEBI(Listing
[intermsof Regulation

The Boardof Directors,

LIMITED
M/s. ADARSHMERCANTILE
8A & 88, SatyamTowers
3 , A l i p o r eR o a d
Kolkata- 700 027

DearSirs,

2015i,
Regulations,
(Listing
Requirements)
andDisclosure
Obligations
of the SEBI
33(2)(a)
In termsof Regulation
certifythat:
of the Company,
WholeTimeDirector,
suchitaChhawchharia,

2015 havebeenpreparedin
The financialresultsfor the quarterand nine monthsended31" December,
policies
standards
and that & accounting
accounting
to the accepted
accordance
(i)

statements
or figures;and
thesefinancialresultsdo not containanyfalseor misleading

(ii)

or figures
thesefinancialresultsdo not omit any materialfact whichmay makethe Statements
thereinmisleading'
contained

/".

Z l

-l^
I L-Ih-.
-L)-t'

.--O

SuchitaChhawchharia
Place:Kolkata
Date:10thFebruary,2Ot6

WholeTimeDirector
DIN:00044063