GINNo. : L26943RJ1979PL.ca01935 Phone: 01462 2281016 Toll Free : 1800 180 6003 / 6004 Fax: 01482228117 / 228119 E-Mail: shreebwr@shreecememttid.com Website : www.shreecement.in $f) SHREECEMENTLTD. @\ RX EZ Regd. OMice: wae BANGUR NAGAR, POST BOX NO.33, BEAWAR 305 901, RAJASTHAN, INDIA 7655" “7s 130 ae ‘SCL/BWR/SE/2016-17/ 12" August, 2016 FAX NO. 02 6598237 / 26598238 | FAX NO. 02222722041 / 22722061 Email : cmlist@nse.co.in | Email: corp.retations@bseindia.com National Stock Exchange of India Limited, Bombay Stock Exchange Ltd. Exchange Plaza, | Phiroze Jeejeebhoy Towers, Bandra ~ Kurla Complex, Bandra (East) 25" Floor, Dalal Street, MUMBAI ~ 400 051 | MumBat~ 4000023 SCRIP CODE: SHREECEM €Q, SCRIP CODE 500387 ‘Attn: Listing Department Re: Outcome of Board Meeting Dear Sirs, Pursuant to Regulation 33 of the Securities Exchange Board of India (iisting Obligations and Disclosure Requirements) Regulations 2015, Board approved the Standalone Unaudited Financial Results for the Quarter ended on 20" June, 2016, Financial Results approved by the Board alongwith the Limited Review Report of Statutory Auditors of the Company over the said financial results are enclosed herewith Board declared Interim Dividend at the rate of Rs./ Gper Equity Share of Rs, 10 each for the FY’ 2016. 17, which shall be payable to those shareholders who hold shares on the record date fixed by the Company ie. 2317 August, 2016. The Dividend will be paid from 24" August, 2016, The meeting of the Board started at 1.15 PM and concluded at | SDP.M Kindly take the same on record Thanking you, Yours faithfully, For SHREE CEMENT LIMITED (5.5, enema COMPANY SECRETARY JAIPUR OFFICE : $8-187, Bapu Nagar, Opp, Rajasthan University, JLN Marg, Jalpur-302 015 Phone : 0141 4241200, 4261204, Fax : 0141 4241219 NEW DELHI OFFICE : 122-123, Hans Bhawan, 1, Bhadurshah Zafar Marg, Ne Phone : otf 23370828, 23379218, 23370776, Fax : 011 23370499 ‘CORP, OFFICE : 24, Strand Road, Kolkata 700 001 Phone :033-22309601-4 Fax : 039 22494226 Delhi 110 002B. R. MAHESWARI & CO. 5 mane, CHARTERED ACCOUNTANTS. an paught Circus, New Delhi - 110001 Phones: +91 (11) 4340 2222 2341 7650 2341 8130 Fax: +91(11) 2341 5796 E-mail: brme@ brmco.com INDEPENDE iT AUDITORS’ LIMITED REVIEW REPORT TO THE BOARD OF DIRECTORS SHREE CEMENT LIMITED We have reviewed the accompanying Statement of Unaudited Financial Results of SHREE CEMENT LIMITED (“the Company”) for the quarter ended on Tune 30, 2016 (“the Statement”) being submitted by the Company pursuant to Regulation 33 of SEBL (Listing Obfigations and Disclosure Requirements) Regulations, 2915(the “Listing Regulation.2015). This statement is the responsibility of the Company’s Management and fhas been approved by the Board of Directors. Gur responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Frgagements (SRE) 2410, ‘Review of interim Financial information Performed by the Independent Auditor 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 t0 Whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and an analytical procedure 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 specified in section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 and other recognized 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 read with circular number CIR/CED/F AC/62/2016 dated July 05.2016 of SEBI including the manner in which it is to be disclosed, or that it contains any material misstatement, For B, R. MAHESWARI & CO. Chartered Accountants Firm Registration No. 001038N KvacSAMUE S| SUDHIR MAHESHWARL ~ Partner = Beawar, August 12, 2016 Membership No. U8i075 Gurgaon Office : 942, Ord Floor JMO Paci S 0% wctie Square, Sector - 18 Part - I, Gurgaon Phone : +91 (124) 4118 445-49 asen $2200)Shree Cement SHREE CEMENT LIMITED Roga. Ofice : Bangur Nagar, Seawar-30590", Dist Amer (Rajasthan) Phone: EPABX 01462 2281015, Fax OT482 28117119 ena: shrebr@sbraecementt com Website: www shreecerentn Cn: \2saeaRst979°Lcoo1995 STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 30TH JUNE, 2016 Rs. in Crore Quarter ended SN. PARTICULARS 30.06.2016 | 30.06.2015 Unaudited | Audited (Refer Note 3) 7 income trom operations a. Sales/income from operations (Refer Note 5) 2487 89 1719.49] b. Other operating income 26.39] 5.16| ‘otal Income from operations (net) 2494.22 1724.59] 2 |expenses ‘a. Cost of materials consumed 161.22 18276 Purchases of stock-in-trade | Changes in inventories of finished goods, work-in-progress and stock-in-trade 16.97] 38.88) 4d. Excise duty on Sales (Refer Note 5) 269.18} ; &. Employee benefits expense 133.10 s19.01 Depreciation and amortisation expense 154.04 238.25| 9. Power and fue! 327 | 415.68] hh Freight and forwarding expenses 440.19] 401.14 |. Other expenses. 388 49| 308 08| Total expenses 1891.06 1606.07 3 |Protit from operations before other income and finance costs (1-2) 603.16| 118.52| 4 other income 71.48] 39.23] 5 | Profit from ordinary activities before finance costs (3+4) 674.64] 157.75| 6 [Finance costs 27.89] 26.36| 7 [rot tom Ordinary Acute atertinance Cost ut plore exceptions earos| sarasl 8 | Exceptional items Assets Constructed at Others’ Premises WIOfF : 23.99| 9. |Profit from Ordinary Activities before tax (7-8) 647.05| 107.40 10 {Tax expense a Current Tax 136.10} 30.86) b. Deferred Tax 329) (24.03) ©. MAT Credit Entiioment 35a) Total (a to ¢) 130.38} 3.29] 11 |Net Profit for the period (9-10) 07.67 104.11 12. |otner Comprehensive income (net of Tax) 047] 12, {Total Comprehensive Income after Tax (11412) 508.14] 404.44 14 |Paic-up Equity Snare Capital Face value Rs. 10 per shave) 34.84} 34.84) 18. |Earnings Per Share (EPS) (of RS. 10 each) Not annualised Cash (in Rs.) 190.88 91.38) Basic and Diluted (in RS.) 145.73 29.88)REPORTING OF UNAUDITED SEGMENT INFORMATION 7 I 2 4 fs. in Crore ] 30.06.2016 | 30.06.2015 SN PARTICULARS Unoueites | Auciteg eter Nowe 3 Boament Revenue 2 cement 228786) 1515.26 D Power wooo] ea Tota aceasta |hese:tnerSegmentReverue | teas) 400 “etal income from operations (net) _ er ee) Segment Results (Prft before Finance Gost, Exceptional ems and Taxes) a. cement seoea| (4750) >. Power m7] 18a ‘Total era] 198.89 Less: 2. France Goss zrso] 2838 b. excepbona! ams | 2see c._Other Unailocable (Income) (62.22) 29,77) Profit before Tax ~~ 47.08) 107.40 [Segment Assets 2 Cement sa2sea] _as052 Power wae] 7387 FT Te erdoaee ese a8 20m ne 2018 ssee.a7] 2521.86 Total Sogrent Assets - “Yeaié.sa) rears \Segment Liabilities - [ra coment ssisas] sean b Power tuzes] 18800 Le Unalocatsa tet co) zai ca Total Segment Lables erase] 277185 The figures of Cement segment includes hase of A ved Aieaied Cancie (AAO) Bock business boing a comentious produey ome?Notes: 1 The abowe results wore taken an recor atthe mectng of he Board of Directors held on 12th August, 2016. The resuits have been reviewed by te Slautory Audtors 2 The Company has adopted indian Accounting Slardards (ne AS") from, ¢™ Api, 2016 and accordingly the financial resuts fo] the quarter ended 30" June, 2016 are in compliance withthe Incian Accounting Slandards (Ind-AS) nolites by the Minisby of Corporate Aas 3 Interms of SEBI Crcular No. CIRICFD/FACI6272016 dated Stn July, 2016 listed enties, who have a yearend oir: than 31st day (OF March and are requted to prepare Francia statements for = par longer or shorter than the normal *2 renth pete for coincding wih 315t day of March as prescribed under Secton 2 (47) o! the Companies Act, 2013, tne ind-AS financial stalements for various periods begining fom 1st Agi, 208, shall nave comparative information fora shorer or longer period 'e.beginning| froma date other than 1st oF Agra 2015 ‘The Company has adopted change of year in tems of Secton 24) af the Companies Act, 2013 fom fnancal year 2016-16 and] accorsingly, the said fnancial year of the Company was of 2 cine months periog from 1st uy, 2075 to Sst March, 2018. The| date of transition o Ind AS forthe Compary Is 1st July, 2015 Hence, te Agures for June 2018 Quarter are 38 pes Accounting Standards noiies under the Companies (Accounting Standards) Rules, 2006 a fepoted ear. 4 The 60310 of Diectors of the Company ais meeting held on 121h August, 2016, has declare Fist Inter Diuiend of Rs [6 per ‘ety share of Rs. 10 each forthe Financial Year 2016-17. The same wil be payable fo those shareholders who hold tre equity] shares ofthis Company on the record date ie. 25rd August, 2018, 5 Incomplance of ind-AS requierents, te Sales! Income from Operations for the quarter ended 30th June 2016 has been shown] incusive of Excise Duly. However, te Taures of corresponding quarter ended 30th June 2036, being in accaréance wth| ‘Accounting Standards natiied under the Compan (Accounting Standards) Rules, 2006, ae net of Excise Duty amounting to Rs. 198 €2 core. 6 (@) EBIDTA (ater eliminating the impacts cl inter segment ransfrs) ie as under Rs incor Goavtor ended Soames To06.2076| 20062075 \Gement e767 709.91 Power 73.4] 63.86 (omer income 71. 3023 Frat 20 | 326.00 (0) Depreciation and amorisaton exzense for Cement and Power Segments @s under Rs. in core ‘Gunter ended ment Sea Tpeaote] _sO08 TOTS Icement 145.84 22364 [power 720) 1465 [rota “94.04 230.25 7 Outing the Quarter, Company has comtleted the expansion of its grinding unit at Aurangabad (Bhar) fom 2.0 Millon Tan Pe Annum (MTPA}t0 360 MTPA on 22nd June, 2038, 18 The Company has completed the up-atadatin of Preheater of Cloke Sine of Unit! at Beawar (Rajasthan) on 15th July, 2016. Consequently, ne Cinker Capacity of Unit stands increased from 1.1 Millon Tor Par Anrum (TPA) to 1-4 MTPA, By order of he Board For SHREE CEMENT LIMITED Pace: Seawar Date; 121m August, 2016 ae (8.6. Bangun Z Charman For etais e-mai at_bhandara@ehreeeemenitd com Vitus on ww sveecorentin