Financial Results, Limited Review Report For December 31, 2015 (Result)

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~:

'--..

g ree nwoods

sterling

ltd.

.t.e,.~

~i
greenwoods

sunrise centre,opp. indraprasthtowers.drive-in-cinema


road. ahmedaba~80054. india
phone:
+91-79-26951690
/
26950935
fax:
+91-79-26954773
a-mail : info(g)sterlinggreenwoods.com.web:sterlinggreenwooda.com

Since 19"65

February, 12,2016
Script Code: 526500

Corporateldent~'Number:L511OJGJ1992PLC017646

.
To
Bombay Stock Exchange
Phiroz Jeejeebhoy Towers
Dalal Street,
Mimbai-1
Dear Sir,

In accordance with the Regulation 33 of SEBI (Listing of Obligation and Disclosure


Requirements) Regulation, 2015 please find enclosed herewith the unaudited quarterly
results for the quarter ended on 31 sf December, 2015, along with limited review report of
the auditor of the company.

Please take on same on record and oblige.


Thanking you,

Yours Faithfully
Fo Sterling Greenwood Li

Townships

Apartments

Clubs

Resorts

sterling

greenwoods

ltd.

.~e,..-!:.

k~~
grunwoods

.
. d
rasth towers drive-in-cinema road, ahmedabad-380054. India
sunnse centre.OP7P9.ln26~~1680 /
26850935
tex : +91-79-26854773
phone . +91b'
t rl'nggreenwoods.com
a-mail:
info~sterHnggl...eenwoods.com.we.se
I
Corporate Identity Number:

SCRIPT CODE:

526500

Since 1965

L511 C03J 1992PLC01 7646

Unaudited Financial Results for the quarter ended on 31ST DECEMBER,2015


IRs. IN LACSl
9 Month Ended

QUARTER Ended
31/1212015
f'Un
Ited

Part I
Income from ODQratlons
1 amet Sares/lncome from Onerations
Net of excise dutv)
b\lOlher O,....;ratinn -Income
Total Income from ooaratlons tnet\
2 Ex enditure
a. ICost of materials consumed
b. Purchases of stock - in - trade
c. Changes in inventories of finished goods.
work - in - nronress and stock - in - trade
d. Emnlovee benefits exnense
e. Deoreciation and amortisation exnense
f. Other expenses (Any item exceeding 10% of
the total expenses relating to continuing
'n
-Ivl
a. DEVELOPMENT EXP.
b. OTHERS EXP.
SUB TOTAL
Total Exnenses

3 Profit I Loss) from Onerations before Other Income


4 Other Income
5 Profit I fLoss' from ordinarv activities before finance
6 Finance Costs
7 Profit I (Loss' from ordinarv activities after finance
8 Excentional items
9 Profit f+V Loss (-) from Ordinarv Activities before tax
10 Tax exnense
11 Net Profit + I LosS~from

Oretina

Acti'/jties after

12 ExtraOrdinarv Item {net of tax exnense Rs.


13 Net

Profitl+v

Losst.\ for the

er/ad 11 + 12\

14 Share of nrofit f {Loss' of associates


15 I Minori~lnterest

16 Net Profit I Loss\ after taxes minoritv interest and


17 Paid-uo eauitv share eaoital (Face Value of the

63.33

30/09/2015
r .-In-'''udited

::"~~~~~
I,
Unau I

4 \

3:~.1~~,'5

ns 416ed

31/12/2014
IIn-udi6-.,

Year Ended

31/03/2015
A dl'ori \

83.95

24.54

161.36

162.87

210.97

63.33

83.95

24.54

161.36

162.87

210.97

0.49
0.00

20.41
0.00

0.31
0.00

21.20
0.00

0.00
18.85

0.00
19.50

0.00

0.00

0.00

0.00

-16.68

23.06
17.00

-24.54

23.01
17.00

28.70
14.50

69.72
51.00

68.64
43.98

99.57
67.76

0.00

0.00

0.00

0.00

0.00

0.00

0.64
15.14
15.78
56.33

0.64
13.81
14.45

0.68
13.23
13.91

4.10

74.87

1.92
42.76
44.68

57.42

11.38
62.07
73.45

7.00

9.08

10.01

186.60

57.36
61.46
176.25

235.74

-32.88

-25.24

-13.38

-24.77

10.03

8.05

29.89

71.63

110.99

17.01

19.11

-24.83

4.65

58.25

86.22

21.18

21.97

22.22

65.52

61.54

85.32

-4.17

-2.86

-47.05

-60.87

-3.29

0.90

0.00

0.00

0.00

0.00

0.00

0.00

-4.17

-2.86

-47,05

-60.87

-3.29

0.90

0.00

0.00

0.00

0.00

14.25

0.53

-4.17

-2.86

-47.05

-60.87

-17.54

0.37

0.00

0.00

0.00

0.00

0.00

0.00

-4.17

-2.86

-47.05

-60.87

-17.54

0.37

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-4.17

-2.86

-47.05

-60.87

-17.54

037

423.96

423.96

423.96

423.96

423.96

423.96

-0.10

-0.D7

-1.11

-1.44

-0.41

0.01

-0.10

-0.D7

~1.11

-1.44

-0.41

0.01

18 Reserve excludinn Revaluation Reserves as ""'r


I

19.i Earnin s Per Share'EPS


before extraordinarY
of RS.1O.OO-each\(not annuaUsed
a, 'Basic
I bl IDiluted
19.ii Earnin,:;s Per Share~PS\
(after extraordina
items
of RS.10.00-eaeh)(not annualised)
I a\ laasie
I b' [Diluted

S
"!'

:J
a:

..

S.G '.l. 0
a
,~

~.s' . "
Townships

Apartments

Clubs

Resores

-.'

9 r. e e nw

sterling
sunrise

centre,oPP.

indraprasth

towers,drive-in-cinema

phone : +91-79-26851680

26850935

0 0
road,

info@stertinggreenwoods.com.w~b:sterlinggreenwoods.com

Corporate

Identity

d s ltd.

ahmedabad-3BOO54.

fax:

e.mail:

;"'.'

..te,./.

~i

india

+91-79-26854773

groenwoods
Since 1965

~Number:L511OJGJ1992PLC017646

Part II
A
PARTICULAR OF SHARE HOLDING
1

Public Sharehotdina
- Percentaae

Promoters

of shareholdina

and oromoter

1445402
34.09

1439302
33.95

1461842
34.48

1439302
33.95

1445402
34.09

2777846

2794286

2800386

2777846

2800386

2794286

65.52

65.91

66.05

65.52

66.05

65.91

1461842
34.48

- No. of shares
araun Sharehaldina

".

a) Ptedaed/Encumbered
- Number

of shares

- Percentage of shares (as a % of the


total share holding of promoter and
oromoter arouo) - Percentage of shares (as a% of the
total share caoital of thecomoanv)
b) Non-encumbered
- Number of Shares
- Percentage of shares
(as a% of the total shareholding of
promoter and promoter Qroup)'
. Percentage of shares
(as a % of the total share capital of
the comoanv)

..

INVESTOR COMPLAINTS
Pendina

at the beainnina

of the auarter

Received

durina the auarter

Disposed

of durina the Quarter

Remainina

unresolved

3 Months ended
NIL
NIL
NIL
NIL

--

at the end of the auarter

The above Financial results have been reviewed and recommended by Audit committee and
appoved by board of direcors in their meeting held on 12.02.2016 and subject to limited review by
the statutory Auditors.'
.
2. The Company has only One segment of activity namely Realestate.
3. Figures has been regrouped / rearranged/recast wherever necessary.
4. There was no investor complaint during the quarter
5
Due to legal litigation since 01.04.2014 with lessee of Resorts assets and matter being
subjudice.The Company has discontinued booking Lease rentals of RS.15.31 lacs per month
w.e.!.01.07.2014.
terling

Place: Ahmedabad

Greenwoods

Limit

Date:12/02/2016

Townships

Apartments

Clubs

Resorts

""

ANIL S. SHAH
CHARTERED ACCOUNTANTS

& Co.

TeL 27541146
Office:

';
I,

AWL S. SHAH

ltS:-9.m..:UA.

'I

KR'UNAl A. SHAH

:1

It.o.m"~J;,i\,.

302.13.n.j~j(Complex,

'g, N.ehfu.P.ark.

Old !:ligh!;IllI..l:t.Road.
tianJ:al:!.flRQH! ,

Ahmed ab ad-g

'I,

II
i~

I AUDITOR'S REPORT
,

h
.
II
e ave revIewed the accompanying statement of unaudited financial
result of sterling Greenwoods Limited for the quarter ended on 31st
December 2015. This st~tement is the responsibility of the company's
Management. Our responsibility is to issue reports on these financial
statements based on our review.
"W

We concluded our reviel in accordance with the standard on Review


Engagement (SRE) 2400,' engagement to Review Financial Statements
issued by ICAI. 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 ~nalytical procedures applied to financial data
and thus provide less assurance than an audit. We have not performed an
audit and accordingly, we do not express an audit option.

II
Based on our review conducted
as above, nothO
Ing has come t 0 our
attention that causes us ,;to believe that the accounting statement of
unaudited financial result prepared in accordance with applicable
accounting standards and other recognized accounting practices and
policies has not disclosed the information required to be disclosed in terms
of Clause 41 of the Listing 'Agreement including the manners in which it is
to be disclosed or that it corltains any material misstatements."
I

DATE : 12-02-2016
PLACE: AHMEDABAD

~\\~'
i.

(ANIL S.SHAH)
PARTNER
Mem. No. 016613

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