STEE

ffirq IoRpoRATroN Lrnnrrpo

21, Hemant Basu Sarani,5'o F-loor, Room # 507, Kolkata _ 700 001
Tclefax : 2Z3l 8207 / 0g . E-mail ; admin@steptwo.in
CIN : L65991 W81 994PLC066080

Date: 17th May'2016

To

'Ihe Manager
Department of Corporate Services
BSE Ltd.
,Dalal Street, Fort
Mumbai - 400 001

Sub.

- : Outcome of Board Meeting

Ref.

-: Scrip Code - 531509

Dear Sir

Madam,

Tlre Board of Directors at their Meeting held on 17a May 2016, have approved the Audited
financial results for the quarter and year ended 31"tMarch 2016. As per Regulation 33 of Listing
Regulations, the Financial Results, statement of Assets & Liabilities and Audited Report with
Form- A, are enclosed herewith for your records.

Kindly take the same on your records and acknowledge the receipt.

Thanking you,
Yours faithfully,
For Step Two Corporation

nkIF,tlnr"
Company Secretary
Encl: As above

Limited

Steph en House. Room No.64,

56E. H B. Sarani.4th Floor

Agrawal Singhonio & Co.

C

Kolkata-700 001
Phone : 9883312444
E-mall : agrawalsinghanlal

hartered Accountants

@yahoo

Auelitor's Report on Quarterly Financiar Resurts and year ts Date Resurts

of the
fcmpany Fursuant to the Reguration 33 of the sEBr (r-isting obrigations and
!)isclosLlre Requirernents] Regulations, 2015

To
,

Board of Directors of
Step Two Corporation Ltd

21, Hemanta Basu Sa rani,

5th Floor, Room No,507,
Kolkata - 700 001
We have audited the quarterly financial results of Step Two Corporation Ltd for
the quarter ended
31st March 2016, and the year to date results for the period 1st April 2015 to 31st
March 2016
attached herewith, being submitted by the company pursuant to the requirement of Regulation
33
of the Listing Regulations except for the disclosures regarding'public Shareholding, and ,promoter

and Promoter Group Shareholding' which have been traced from disclosures made by the

management and have not been audited by us. These quarterly financial results as well
as the year
to date financial results have been prepared on the basis of the interim financial statements,
which
are the responsibility of the company's management. Our responsibility is to
express an opinion on
these financial results based on our audit of such interim financial statements, which have
been
prepared in accordance with the recognition and measurement prjnciples iaid
down in Accounting
standard (AS) 25, rnterim Financial Reporting, issued pursuant to the companies (Accounting
Standards) Rules, 2006 as per Section L43 of the Companies Act, 2013 and other
accounting
principles generally accepted in lndia.

We conducted our audit in accordance with the auditing standards generally accepted
in lndia.
Those standards require that we plan and perform the audit to obtain reasonable
assurance about
whether the financial results are free of material m isstateme nt(s). An audit includes examlning,
on
a test basis, evidence supporting the amounts disclosed as financial results.
An audit also includes
assessing the accounting principles used and significant estimates made by
management. we
believe that our audit provides a reasonable basis for our opinion.
In our opinion and to the best of our information and according to the explanations given
to us
these quarterly financial results as well as the year to date results:

(i)

Are presented in accordance with the requirements

of

Regulation 33

of the

Listing

Regulations in this regard; and

(ii)

Give a true and fair view of the net profit/ loss and other financial information for the
quarter ended 31st March 2016 as well as the year to date results for the period from
01st
April 2015 to 31st March 2016
Cont.. . ... ... .[ 2 ]

rn

r
t2l
1

Further, we also report that we have, on the basis of the books of account and other records and
information and explanations given to us by the management, also verified the number of shares
as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as
furnished by the company in terms of Regulation 3L of the Listing Regulations and found the same
to be correct.

For Agrawal Singhania & Co.

(CA Sanjay
Place : Kolkata

Date:17.05.2016

Mem. No.056837

STEP TWO CORPORATION

21,

HEMANT BASU SARANI,sTH FLOOR, ROOM

LIMITED
#5OZ

KOLKATA-

7OO OO1

TELEFAX : 2231 820/08 *E-MAIL : admin@steptwo.in

crN No.

L65991W81994PLC066080

Audited

Quarter and year

31st

'201.6

(Rs. n

Quarter Ended

Paliiculars

Lacs/amount)

Year Ended

3 months

Preceding 3 Cotresponding Year to date

Year to date
months ended 3 months ended
figure for
figures for the
3]y'03/2076
31/742075
in the previous current pedod previous year
year 37/3/2015
3A0s/2076
ended
su3/2015
(Audited)
(Unaudited)
(Audited)
(Audited)
(Audited)
ended

(Reler noies below)

I Ir.onrc ftom Operations

(a) Net Sales/ Income from Operations
(N-"t of Excise Duty)

77.56

9.33

(7.43)

'17.56

9.33

(7.4t)

52.34

70.04

(b) lurclrase of stocl.

12.34

1.50

065

76.74

51.24

(c ) Change in inventories of finished

goods work it1 progress and stock-in -had

'18.42

(1, Other Operatine Income

lotal Income from Operations (Net)

70.04

LE' ponses
lraterials consuned
in hdde

(a) Cost of

(cl) Enplovee benefits expense

(e

) Depreciation and anrortisation expense

(4.52)

3.02

19.31

(r 2.43)

1.88

L.87

1.83

7.50

6.23

0.'10

0.33

0.56

1.09

1.43

1..69

0.52

(3.05)

700

8.55

rll Ollrer frpense tAn) ilem e\.eeding

109," of the total expenses ielating to
co tinuing operations to be shown
separately)
1tl L Office Rent
2. Travelling & Conveyance Exp.
3.

0.24
0.13

Vehiclc lr{aintenance Exp.

,l.Balance

0.18

\{ / off

20.00

5. I-egal & Professional exp.

0.79

1.07

h.Li5tirg Fecs

2.48

T.lssuer Charges

0.57

3.Loss on sale of car

0.83

Tohrl F\penses
3.

Profit

(Loss)

36.62

0.25

55.19

75.02

(19.06)

9.08

(10.44)

(2.85)

(4.e8)

0.81

5.65

5.81

(e.63)

2.80

0.83

0.02

0.1.2

0.02

9.08

(e.65)

2.68

0.81

9.08

(q.65)

3.01

from operations before

other incone finance costs and exceplional

items (1-2)
4. Other Income

2.5t

5. Profit / (Loss) fron ordinary activities

betbre linance cos15 and exceptional items

(314)

(16.55)

9.08

6. Finance Cosfs

Profit / (Loss) fion ordinary activities

aftel finance costs but before exceptional
7.

items (5 + 6)

S E'tcptional itens
9.

Profii

(Loss)

before iax (7 1 8)

from ordhary activities

(16.55)

0.81

7-'
,t,

l0

lax Expense

0.93

Profit / (Loss) from ordilary

activities after tax (9 + 10)
12 lxhaol dinary Items (Net of tax

1.54

0.93

0.46

11. Net

expense

(B.11)

1.75

0.31;

(17.48)

9.08

(8.11)

1.75

0.35

(17.48\

9.08

(8.11)

L.75

0.35

459.68

459.68

(Loss) for the peroid (11 +

12)
14.

9.08

Net Profit

13.

(17.48)

(hare ot Profit

(Lors) of Aqsot idLes'

15.

N{irority Interest*

16.

Net Profit

(Loss) after taxes,

interest share of Profit

associates

minority

(Loss) of

(13114115)

17. Paid-up Equity Share Capital (face

value of the share shall be indicated)
459.64

excluding revaluation reserues

as per balance sheet of previous
accoullting year

459.68

459.68

18. Reserwe

(e.68)

(11.43)

(e.68)

(11.43)

Eariing per share (before

extlaordiiary iteDs) (of--/-each) (not
19.i.

Annualised):
(a) Basic

(0.38)

0.18

(0.16)

0.03

0.01

(b) Diluted

(0.38)

0.'18

(0.16)

0.03

0.01

(0.38)

0.18

(0.16)

0.03

0.01

(0.38)

0.18

(0.16)

0.03

0.01

19.

ii. Earning per share (after

extraordinary items) (of--/-each) (not

Annualised):
(a) Basic

(b)

Diluted

Note:

The Company had grouped all it's activities of share trading business viz sales & related expenses under the
head lncome from Operation.

figures of prior period has been regtouped/reclassified where evet considered necessary.
conpany has only one business segnent as such the segment reporting requirenent is not applicable.
4. The above audited financial resulfs have been approved and taken on record by the Board of Directors at their meeting
held on 17th May 2016.
2. The
3. The

5.

Nunrber of Investor complaints during the Quarter : Opening-Nil, Received-Nil,Diposed-Nil,pending-Nil.

For Step Trvo Corporation Ltd.

Place : Kolkata

Date

.17.05.2016

t{o.-u Fr S ho4-t".
Nlamta Sharma

Conpany Secretary

fwq

STEE

IoRpoRATroN LrnnnBo

21, Henrant Basu Sarani,5'" Floor, Room # 507, Kolkata _ 700 001
Telelbx : Z23l 8207 / 08 . Fl-mail : admin(@steprwo.in

IN : t,6599 wB r 994PLC066080
Statement of Assets and Liabilities
As at Year ended 31st

Particulars

March,2016(Audited)

As at Previous yeai
ended 31sf

MarclL2015(Audited)

A EQUITY AND LIABILITIES

funds

1 Shareholders'
(a) Share

capital

(b) Reserves and surplus

(c)

459.68
(e.68)

459.68
(11.43)

450.00

448.25

Nloney leceived against share rvanants

Sub-total - Shateholders' funds

2. Share application rnoney

pending

allotment
3.

Minority interest *

4.

Non-currentliabilities

(a) Long-term borrowings

(b) Deferred tax liabilities (net)

(c) Other Iong-term liabilities

(d)

Long{ern provisions
Sub-total - Non-current liabilities

5.

Current liabilities
(a) Short-tern borrorvings

10.02

(b) Trade payables

(c

)Other current liabilities

1..20

(d) Short-term provisions

2.0'l

Sub-total, Current liabilities

TOTAT - IQUITY AND I IABILITIES

0.83
1.98

3.2^l

TZ.OJ

453.21

.161.08

7.5+

5.66

B ASSETS
1.

(a)

Non-cuEent assefs

Fixed assets

(b)
(c) Non-current investments
(d) Deferred tax assets (net)
(e) Long-term loans and advances
(f) Other non-current assets
Goodrvill on consolidation *

0.25
1.56

1.56

3.35

7.22

(a) Current investments

58.09

63.85

(b) Inventories

^14.14

67.84

(c) Trade receivables

8.17
37.90

31.88

331.40

296.25

Sub-total - Non-cu[ent asscts

2

Current.assets

(c1)

Cash and cash equivalents

(e) Short-term loans and advances

(f) Other current

assets

0.04

0.1(r

Sub-total - Cu{ent assets

IOTAI, - ASSETS

/2

ll:i / /1 \, ',\
(1'
ll

nl

.5F? f

,:','

449.86

453.86

453.21

+6L.08

SfEBjIwq IoRpoRATroN

Lrnampp

21, Hemant Basu Sarani,5'n F.loor, Room # 507, Kolkata - 700 001
Telel'ax : Z23l 8207 / 08 . E_mail ; adminfdsteorwo.in
CIN : L6599 r WB t 994pLC0660{J0

Form A
Format of covering letter ofthe annual audit report to be filed with the Stock
Exchange

,1
2

Name of the Company

Annual financial statements for the
year ended

TVpe of Aud it observation

Frequency of observa tio

Not App lica ble

To be signed by-

CEO/Managing Director

STEP TWO CORPORATION LIMITED

31st March, 2015

n-q ualified

For Step Two Corporation Ltd.

..1

44f'
Bhola Nath Manna
Whole Time Directo r
Din No.03345433

cFo

For Step Two Corporation Ltd.

-:an4
../'"

nt Kdmar Aga rwa

Chief FinanclalOfficer
Basa

Auditor of the com

pa

ny

For Agrawal Singhania & co.

rtered Accou nta nts

Firm Rgg.is+ration Number : 323512E

Cha

(
l-.2- \--Sanjay

rrls*tar-l-?

KEffigr6ii

Partner

Membershio I'lumber :056837

Aud it Committee Chairman

For Step Two Corporation Ltd.

t?/:r

5a

njay Agarwar

frtp,L^t-

Audit Committee Chairman