an iso 9001:2008 certified or anization 1

AN ISO 90012008 CERTIFIED OR ANIZATION1lt51 CORAL LABORATORIES LTD ~ aqaf)NTERNATION

+CORP OFFICE 38 Patanwala Compound Opp Shreyas Cinema LBS Marg Ghatkopar (West) Mumbai bull 4 0086 India Tel 9-22middot250052462500820825005245 Fax +91 - 22-25004893 E-MAIL aCCQuntscorallabcomWEBSITElwwwcorallabcom

30th Ma 2016

To The BSE Limited Corporate Relations Deparlment 1 Floor New Trading Ring PJTowers Dalal Street Mumbai- 400 001

REF SCRIP CODE NOS24S06

Subject Submission of Audited Annual Financial Results of Coral Laboratories timited for the Quarter and Financial year ended March 312016 along with Audit Rep rt and Form-A

Dear Sirs

Pursuant to Regulation 33 of the Securities and Exchange Board oflndia (Listing obligations and Disclosure Requirements) Regulations 2015 (Regulations) we enclose hereto fi r your information and record the audited standalone financial results of Coral Laboratories imited (the Company) for the Quarter and Financial year ended March 31 2016 duly approve by the Board of Directors of the Company at its meeting held today ie on 30h May 2016 al ng with Form A (ie Unmodified Report on the standalone Audited Financial Results of the C rnpany for the year ended March 31 2016)

We also submit herewith Audit Report dated May 30h issued by the Statutory AUdito~ of the

Company on the standalone financial results of the Company for the financial ye ended March 31 2016 which was duly placed before the Board at the aforesaid meeting

Thanking you

~J)~~ Limited

V~vin B Doshi Director (DIN 00232287)

Encl as above

Regd Off ampFact 3085 Village Post Poicha(Ran) Taluka-Savli Baroda-391780 crN L24231GJl997PLC031669

--

I

CORALLABORATORIES LIMITED REGD OFFICE 3085 VillAGE amp POSTPOICHYA(RANjTAlUKA SAVLI BARODA GUJARAT-391710

CORPORATE OFfiCE 38 PATANWALA COMPOUNDOPP SHREYAS CINEMA lBS MARG GHATKQPAR(WEST)MUM6AI-400 086

Website wwwcorallabcom Tel 22-2500524546 tiN U423G997PLC031669 Emailld tstoraJlabcom AUDITED FINANCIAL RESULTS FORTliE QUARTERAND YEARENDEDMARCH 31st 2016

5r No

Part -

Particulars

1 Refer Notes Below

Income from operations (a) Net salesIncome from operatlons(Net of Bxctse Duty) (bl Otheroperating income Total Income from operations (Net)

2 Expenses (a) Cost of materials consumed (b) Purchases ofstock-In-trade (e) Changes In inventories of finished goods work-in-progress

and stock-In-trade

(d) Employee benefits expense (e) Depredation and amortIsation expense (f) Other expenses

Total expenses

Profit from operations before other Income Finance costs 3

and exceptlonalltems11~2)

4 Othel Income

bull Profit from ordinary activities before

finance- costs and exceptional kems (3+4) 5

Finance costs 6

Profit from ardinall activities after finance costs

but before eJtCeptlonalltems(5-6J 8

7

Exceptional Items

Profit from ordinary activities before tax (7-8) 9

Tax Expenses

lal Current Tax 10

(b) Deferred Tax (c ) Short prOvision

11 Net Profit from ordinary activities after tax(9~10)

12 Extraordinary Items

Net Profit for the period (11-12)13

Paid-up equity share capital (FiKe Value RsIO pershareJ

14

15 Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year

Basic and Diluted Earning per share In Rs loot 16 Annuallsed)(Before and After extraordinary items)

Quarter Ended Year Ended

31032016 31122015

IAudited lUnaudlted

231461 1B0778 7305 17421

238766 198199

134564 110605 2412 0

1848 -1677 15436 14145 - 3170 4545 41305 26267

198735 153885

40031 44314

12905 6695

52936 51009

185 089

5092052751

00

52751 50920

1950015700 279 300 067

36705 31120

0 0

36705 31120

35726 35726

0 0

1027 871

31032015 31012016 31032015

fAuditeltf) Audited IAudlted

179437 732555 574907 7178 37608 19300

770163 594207186615

93841 443240 351566 4491 2412 4491

7395 (2744) (7189) 11647 51285 42622 14141 17305 25668 27715 112750 80683

159170 624248 497841

14591527445 96366

289268052 25939

35497 174841 122305

137 825 206

35360 174016 122099

0 0 0

35360 174016 122099

8755 49200 25755 342 779 642

067 26263 123970 95702

0000 0

26263 123970 95702

3572635726 35726

6660660 554996

3470735 2670

1)Above Audited financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meetlng held on 30th May 2016

2 The Company has onlv one segment viz Formulations as per Accounting Standard 17 of the Institute of the Chartered Accountants of lndla

3The Boardof rnreetors have recommended dividend 30 le Rs3- per share of the face value of Rs10- eachyear 2015-16 4) The 5tatutory auditor have carrfed out a 5tatutoryAudit of the FInancial results of the Company

5) Previous year figure have been regrouped wherever necessary

6) This statement Is asper Regulation 33 of SEB(lstlng ObligatIons and DIsclosure nequtrements) Regulations 2015

7) The Copy of above result is also avallable on the website of the Company LewwwcoraUabcomandthatonwebsitrryE Ltd tewwwbsefrdec m

For CORALLABORA[ORI_LIMITED

r-JL ()1fi ~ Date - 30thMay 2016 ~8005HI Place - Mumbal OfRECTOR

DIN 00232287

2

CORAL LABORATORIES LIMITED

REGD OFFICE 3085 VILLAGE amp POSTPOIYCHA(RAN) TALUKSAVLIBARODAGUJARAT-S91780

CORPORATE OFRCE 3B PATANWALACOMPOUND OPP SHREYAS CINEMA LBSMARG

GHATKOPAR (WEST)MUMBAlmiddot 400 086 CINL24231GJ1997PLC031669

Website wwwcorallabcom Email Id ltsleorallabcom Te022-2S00S24S46

STATEMENT OFASSETS AND LIABILITIES ASAT MARCH31 2016

Particulars

A EQUITY amp LIABILITIES

1 Shareholders Fund (a) Share Capital

(b) Reserves amp Surplus

Total-Shareholders fund 2 Non-Current Liabilities

al Long Term Borrowings

(b) Deferred Tax Liabilities (Net) (c) Other Long Term Liabilities

(d) Long Term Provisions

Total-NonCurrentLiabilities 3 Current liabilities

(al Short Term Borrowings (b) Trade Payables (e) Other Current Liabilities

(d) Short Term Provisions Total- CurrentLiabilities

Total-Equity andLiabilities

B ASSETS

1 Non-Current Assets (a) Fixed Assets

(I) Tangible Assets

(ii) Intangible Assets

(RsIn Lacs)

CurrentYear March 312016 Previous Year Mar h

Audited 31 2015 Audited

35726 357 26 666066 5549 96

701792 5907 22

0 shy9608 8829

1890 1979

1721 1194

13219 12C 02

3736 13194

96904 62 99 10926 4 56 68136 40 81

179702 12 43 894713 724 54

180456 189 10 396 19

(b) Non-Current Investments 45773 11 81 Ie) Long Term Loansamp Advances 22203 20 24

Total-Non-Current Assets 248828 221 34 Current Assets

(a) Inventories 132866 104 18

(b) Trade Receivable 278071 247~01

(e] Cash amp Cash Equivalents 89090 66 65 145858 84 36 [d] Short Term Loans amp Advances

(e) Other Current Assets o o Total- Curent Assets 645885 5 282

Total- Assets 72 154 894713

For Cora Laboretori 4ited

~(10lt1gteuror

Date 30th May 2016 Navin B Doshi Pate Mumbai Director

DIN 00232287

AN ISO 90012008 CERTIFIED OR ANIlATI6N

I~I c shy aqa~ORAL LABORATORIES LTD ~)NTERNATICNAllaquo t CORP ~FFICE 3B Petanwala compounc-onp Shreyas Cinema LBS Marg Ghatkopar (West) Mumbal- 4 0086 IndIa

Tel +91-22-200052462500820825005245 Fax +91middot22-25004893 E-MAil accotJntscorallabcomWEBSITE wwwcorallabcom

Form A (For audit report with unmodified opinion)

1 Name ofthe Company CORAL LABORATORIES LIMITED

31st2 Annual financial statements for the March2016 year ended

3 Type of Audit observation Un-qualified

4 Frequency of observation Not Applicable

5 To be signed shy

bull Managing Director

bull CFO

bull Auditor ofthe company

bull Audit Committee Chairman

For CORAL LABORATORIES LIMITED

4 IKISHOR R MEHTA

Whole Time Director I I

(MEETA SAMIR SHETH)

For Shah Sanghvi amp Co Chartered Accountants Firms Registration No 109794W

~ (Jitesh P Shah) if))0 pjJ i eto Membership No 34010

For CORAL LA A RIES LIMITED

I

RAJES R RIKH 1 Chairma f Audit Committee

fI

Regd Off ampFact 3085 Village Post Poicha(Ran) Taluka-Savli Baroda-391780 CIN L24231GJl997PLC031669

AN ISO 90012008 CERTIFIED OR ANIZATION

~ C ~aqaiiI ORAL LABORATORIES LTD ff)NTRTIONAL~~

+gORP OFFICE 38 Patanwala Compound ODP Shreyas Cinema LBS Marg Ghatkopar (West) Mumbai ~ 4 0 DB6 India Tel 1-22-250052462500820825005245 Fax +91 - 22-25004893 E~MAIL accountscorallabcomWEBSITE wwwcorallabcom

ao Ma

To The BSE Limited Corporate Relations Department 1st Floor New Trading Ring PJTowers Dalal Street Mumbai- 400 001

REF SCRIP CODE NO524506 SUB Declaration while publishing Annual Audited Financial Results vide SEBI Circular

25th May 2016

Dear Sir

With reference to SEBI Circular dated 25th May 2016 the Company hereby declares th publishing the Annual Audited Financial Results it is found that the Audit Report is free qualifications and is of the unmodified opinion

The Statutory Auditor of the Company is having no Audit Qualification out of the Statuto

conducted for FY 2015-16

For Coral La~ories Limited

m3~gt~ Navin B Doshi

Director (DIN 00232281)

Regd Off ampFact 3085 Village Post poicha(Ran) Taluka-Savli Baroda-391780 CIN L2423IGJ1997PLC031669

2016

ated

t while f Audit

y Audit

Shah Sanghvi amp Co CHARTERED ACCOUNTANTS

2 Samarpan 26 Haribhakti Colony Race Course Circle Vadodara- 390 015 Tel(0265) 233 7064 bull Fax(0265) 235 4386 bull E-mail shahsanghvigmailcom

J P SHAH MC rn LLBFCA

uarterl Financial Results Com an Pursuant to the Re ulation 33 of SEBI Requirements) Regulations 2015

To

The Board of Directors of Coral Laboratories Limited

We have audited the quarterly financial results CORAL LABORATORIES LIMITED f r the

quarter ended 31032016 and the year to date results for the period 142015 to 313 016

attached herewith being submitted by the company pursuant to the requirement of Regulati n 33

of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 hese

quarterly financial results as well as the year to date financial results have been prepared n the

basis of the interim financial statements which are the responsibility of the com anys

management Our responsibility is to express an opinion on these financial results based n our

audit of such interim financial statements which have been prepared in accordance wi h the

recognition and measurement principles laid down in Accounting Standard for Interim Fin ncial

Reporting (AS 25 Ind AS 34) prescribed under Section 133 of the Companies Act 201 read

with relevant rules issued thereunder or by the Institute of Chartered Accountants of In ta as

applicable and other accounting principles generally accepted in India

We conducted our audit in accordance with the auditing standards generally accepted in ndia

Those standards require that we plan and perform the audit to obtain reasonable assurance about

whether the financial results are free of material misstatement(s) An audit includes exam ning

on a test basis evidence supporting the amounts disclosed as financial results An audi also

includes assessing the accounting principles used and significant estimates ma 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

bull I

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TO

THEMEMBERS dFCORALLAtJORA]dRlJJiS UM11ltfi

W~l1allt( aU1itildtall aCQgllpanying flilllJlthil sllllel111fits cOt C~LLAnOltAtQ~ESL all)

(tblCOrnlt~Y) Wlllt c(gtrnlprise the ~nlillWe Sheet lIsat3MQ31Z11t6 llie StalemeJilt egtpound JiltiJ Jlifid

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poJlo10B dollier exphmaloryinrormation

MamtgemeJifs ResponsIbility for the Fi1ancialStiltel11enis

1Jhe CQinplIIlws Soatd 61 tlitel1tots is responsible for tire matters stated inSeailoli1i l34(5) at tire

tompllllllS Aot ti)l~ (the Act)wlth respect to tbepreparation oftlese finallClaistateme tstbat

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licCol1iltitig polipies maklllldliclgmelltSand eslljjjjjies that lite reasonable and prudent and

inipJementatiollalldmaJfiteiiillllte of adequate iUitemat financial controls that were 0 rating

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prepatatiQn andll~IlS~htaiion (jfith~ fllraltltlillshttltiltttellts tllil give a true and fair view and re free

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lPt our8lliiJ6plnlQnon the filJancentj~1 statements

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ANNEXURE TO Tm INallt)PENJ)ENT AUDJ[ON~S REPORT OF E~N frATE ON T1tEPiNANC1AL Si1AJIEMENT OJ CQIlAL LABORATORIES LrDAS ON 31st MARCIUtJ16

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fo ihe mllmhers oicQr1 hJlgtorlltories Ltd Wiellaeauditedthe tnternll 1JUlI1Qial cQ1trGlsoVltlr fl1lllt~illil repCireil1g0f SIrtlle bra aho_orills Ltd (IeC()l)lPll11Y)as of Mith 3J2~ltJ itt il0~llJ1etitl1fwith onf aUdit 0middot the stanillilonefl]jaoc~lllstlltemtlntQflheCompaJY foJfttte Jllar endedontlWi date

MilllliJlllmelts resPQDsildUty pound01 internal financiaconltrols TheG()nlpanis Managemllnt is responsible fQr estahishlngmiddotand maintaining infernal fi cial COOtl018 based 911 the ~l1tll~ltar CQl1tfetI over tltll~ncent1a1 te~Ql1iitig ctiteril established by the centomp~yenc(m~qeringtbl ~ss(1)tillmiddotc)mPQitents of iotefllltl contl~Ql Stated intlte iJuidaftce middotote on Audit of Internal i1il1Ji1Jlll Cpl1trolsmiddot Oyer Financial RepJfilng issued hy the lwtitut Of Chartered ~CCOUl1tJil1sOfln~Ha Thllse responsihillties include the aesigj itliplernet1tatiooand maintenance Qfldegu~tll illteliDlIl tinancillleontrol~ that were Ii1perafing effilctivtll) poundor ens ring lh~ mdlir~y amJ e$(llilentean1gcfoflts business includlngadherettce to 1iIle C(it11pam~s polies th~$ilfegijarltt~gQfits a~~tslhePreventiQl)and ihttTllltion oJftaudand errors theatollr and GomplltWs$ Iilf tlte accounting records aliittimelyprepamtion oftellllble nf1andial informa on ll r~llllt~tl lIltl~r The Oornpanies Act2913

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OUtt~pQMI])i1I~~ is to express-an opinion 01) the JQIJiI1mys tnternaltinancilt ellfittQI~ Iiet financllil tcentlloltillg based-on ()l1rjl~lt We condl~ed olltalllit in accordance with tire Gnld ee Noteon Audit of1lntemalllnllnllttlcentonttoJ~ Over FiMncial RePiltiing (nthll Ollidimell 11 tel) and the Standlttrds 01) Audltingls sp(cifiedurrder section tfpGaQ~of Campanili A~ ZOl ttl the el(tentapp1icable lOan 1I1141t lfl1tetnaI tinancial contrllls hothiapp1icahttl to anaudit of t~(lTIaJFinanciaICmttols G-poth Issued by theIllstftote (lfGhlllftetedaceoulttants of dia thoswStlDdar~s 1ll14 6t11qlIDee bil~te require that we cornjiiy wUll ethielil tequiremens and Ian Mdpetlftrm the audit tJJ obt~in r~llSPlnbleassutanee middotabolltihefFtet adequate itttetnal flnlleial co(lttols 1yenerlnajlcialtePotiingwlliScentsJIj))lfsAeGland ntail1tllined 1I11cli Ifsuch controlsape ated middoteffectlvelY in all material respects

bull

JPSHAH(fmiddot~)Shah Sanghviamp CQ Mmiddot mLL8FYiAy eHA~TSfe[) Al)C~lJJrtilTANTa

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2~$lIfl1atllllh 21lJitalibhaktMjiJlo~ lilacs CdUi1Iflltliltle Vadodaramiddot 390015 rr(oZ6s1l337Q6t middotF(0265) 235 4388E~it shahlllllghvllillgma)1lXll)l

Durandft l1Vollrlls perlbtltting procedures to obtliln alildit evidcentnee abaJlJ tbe acleqpllCY f the I itiUltnal firtaMlill eorlttols systemover fin~noialreJlottlgnl Ilifir ape~qtingetfeQtlvllrjegt bull Our IIIUt of ititerl1idfJfI~~laJ controls overflnanclalepol(ipg iPgl~ed QPtainlng an un(lluSt nding of lltetnli flltllclltl 0001t61 crVllt fiMiclalreponingilssesslng the llsl fuafil mater]we less I exists and testlll~ and evaluatln~ the design and Qperllting effeclveness ofimernlgonirol hasell I

filn the assessed risk Ihe procedures selected dllpenlt em ~eaudi~ts J1Icgtnent iMlqillg the 1 tassessmentofthe risks otmaterMmisstat~bJ~nt oftlteltnregelal$at(lfllenIS WletJ1~rd1letl fiadd [

ererrors I Ii

r IWe helieve that iheatldit eyjrlencewe have Qbtaineil issuff1cientan~jj~grl1ptiate to prli idfla

basisrOT OUT audit opinion on till )I)teQlJl fhllmda gont~ols systemllVeTtlnaneial feporling

MeanlJlgofinternl IanelillCQltr01QyerUl1llJlliat rlpllrting

A cOfupanYs lltel1l1al gullnollli lt)l1tQloyer ltmUcialreportlng isaprocess designed til pr vid reasonableessuranee regardlng the relilibJHty of fluanel] repottng and the preparati It M finanelal sratllllli)mts formiddot~tlrnal p~rposes Inllcllordanee wlthgenellllly llcentcentepted aeeou tlll8 pdnclple) AcompallYs intllmatiinaneiaJ control overnnllnoilll rep0riihll inclUdes tliose po id~s mid ~Qcedures thllt (I peJtllhl to tile iUlll)teltMPe Qfrecouds that ill reasonable tail lccllrately and fair]y remet thetransll1ltions and 1iispOsi~ins of the assets of the company] (2) pO~tde reasonable assuranee thattransaptions arereeetded llsneeeSsaxy to pei1tilit preparllti n of fiallllcentlalc statement in lIiCetltdlnce With gellera115aecepted acootlJitingprineipIes and tltat re~Pts ltutA eXlllndltnres ofthe company arebeingmMeoily ifiaecordaRee with eutheriza lOt$ ofmMagemetrt and directors iJFthe eomgtlllyand (3~ providereaslilnahle assnrance rllla liP$ p(llveltdon 0rtimely detectlQrtof unauthorleedacqulsitionuse oedlspositlon of tbe CQltlp nys assenrthal eouldhave ltiltatllriaeffebton thefihailltlialSlatemenls

Because of the Inherent litnitalion of internal filmnci alIlQIWrols over finan(lt rltpoct1g inolllaittll lJIe possibilitY at collusion or ~mpropet lUanag~1lwrioyenel1ViltteQf cllntrltilil mat rilll mlsstatement$dge tll IJTOforfrlludmayoccuraniltr()1 bed~teQjtelJ AIsli11 projections pi any evailuatioI) of the intemaltrtln9i~rcol~olsYOllr1tllancMrep0rdngtofilttlr~ period are subJe t til the risk Pqlt the lntemllF flnMiiaIQQt1tt61nVerfiflalloiaF repotlfng may become lnade-ate l1eellllseof chaflges lnQQilcrlflqnS~ or Hit tile degJee of co1tlitianClgt with (he poltcie or prQQurcentsmalideteri0tale

JP SHAH MC(i bull I~ajFcoA~1~~~~~

2imiddot~tpln- 26 HMbMkfjCoIQlYjRilceQ()~ClIciQ VadQdara- 390 015 fel1(O~651 ts~ 7064 F~(1126~)235 4356- E(tIll1l shlih$lll1llhvlgmaiillQm

ItlotlXQpittiell tbeC(itlf~aoy has ili~Lrnraterial respeetsen adiJqual1l internal financlllloQt1 ~ystetnltlYer fihattclllL riepo~llgandSUllltnte~111Jl fll1ancial cDntroSoftll UnatlClalre~ottlnll operlltinlplffutlvely- asmiddotlitMargb 312016 based ontheInternal conlJtdl overll11aileililrtpe jr i1titcrlilllsliWlisled IPY tpeCpmpllllY considerlng the esSehtialcompilmnts oflfittmalconttol stated ill theGUidanceNpteQll A~ldlt l)flntemaIFmanoiliIContrQIs Ovw IFIllanelal Bilil1ortin issued h)itbl Tnstitute QfQllatterelif Accountants OfIhdia

Fo~ urd on pehalf of SBAll SANtillV AND COMPANyen ClIAJIXpoundRED ACCOUNTiNTS leAl RlJGNO 0109794W

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) May 2016 PtAC1iMlItnblli

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2Siimllliall~~ H~rQhiiiill Colony Rll1icento~l$eCirle Vadodall~gO~le rettB26~ ~33 1~-~iIK(if265j2354386 -Email shahsanghvigmaJfcolII

(ltW~tlii1l tl1 inabOYllttlte 1lu(jitQrSi repenofeven dateto tbe J)lcentrtrberso CORAL LAJ30RAOmES LJMl1EDoillne fJlancentjlll$tiitetnllnt~ 10theyear ended 3102016)

1 (Ili)TlIeiZOmpEllJY hallmaintairted PrQper records showilrg ttIl patliieulllsihelual Iii qllllti~lie lt1eWrsand $ltu~tmnQfFhled Assets

(b1 1lllt~ml~ets hll5ic b~nphysi~aIIverified by thel11anllgelilent at teasnnilil intervals No mllte1lll1dJScentrcIlllti9ies werenmmed onSlich verlfiGlftion

(Q~ Inourqpilliouaml apcoclIhgtotlte ufol1matian andexplanationgiven to us th titled~ds of immovable properties are held in the nameofthecomp41lY

ii Plilystcalvtlilneatiol1 ofInventoryhas beeneondqcjedat reasoMbe ntetliaI by managcentli~lit i

ilhdno D)llrerMldisetepllnPw WrenotilleaOI1swelvcdficatlon

m kltpcptding tothe illf01Qlatkm and exptAAatilln given to IIgt theltompltlyen hM 11llgtlltltel ~y

lolllS secured or lnSee1lfed to ~llml1anleS flttfisUmited liahilitY IJ_erlll1ipsootnlf ~arties covered lre~lsternlaltttlaquoineil ~s 189 afthemiddotAct I rti view qf the ilhcfVe prqvlsiQls of clause 3 (iii) (1t)GD) and 0) are tOt llPpJeable to the IcollJlany I

iiV Inlllllotiblbn EIlJd lcent(Ij)tlmg to tnfprtrfatiPltliftd eXlfl1l8U0l1sglVeii tqJ~fbelll pany lJilll in

respeot ot IIlllaS flJltes1ltiilentsgualantees and secUfty prolvlsI0lils l)Qmpliedwith s tlQraquo 1783 and sectlonl116 oil1he Cllrnpanics Act El013

v J1lording totliliWfol1l1~tiQlJandexplanatiangiVeinp ulI the CltWIpany htls not eeepterl IlnY

III QepQsitsIIencethe jprcvlsioilsofclause S(II lUe notappllcableto the company

Wi hlloyenelioAdly tevleyltlithcent bollkSlgtpound acentcentPllllts maintained py hilc0mpanyp ampiJool to the j rule~ made by theCenmlaquoi J3QVllmment of India Themaintenance ofcost reco (Is has beep II ptelicdveduls t411(j) of l~e Act anq We lUeof the qpim1l) that primaflcil tIt 1ll1eseribed

alllloUlilts llItllreeords navcentbeen made anilihaintafneQ Wemiddot middothavetrot hOWllYer eadlltaiecl eliiUiflfilltionQftherecords Withayenlew t1deiennllleWllitthlj they are ilCCllratetit co pllt~

ViL (lJ) AeeQOOing to the OQoyenstlid Je~otds ~produeed aildegtltlU1linedby Usin l1ord41loe With ~lIetmlyen~llted AudltfrlgPta411ceslnJndi1J lihd ilsQmanagemeht representation unQis)Iuwd statiltQqdu~s intespe~ of lrovfdentlbnd lemwloyees Sfatelnsmilnce lneltgttne t SilWs tax Se~leela)(CUjtotfi d~~ ~xillseifaJY Vii1tlekiaed fax CeSSllnd ltlth materialsl qtoty dues ilppliealiiletaithas beelilXegularly depositeClwithaiproptiate authorities

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~tl AccQrlingto the records of the company the disputed dues in respectofexc] e dutyof Rs ~8$i ls ~re~i())illi YeartslS561acs)setvicetax Rs nil (preYousyeal Rsnit) and sales tax Rsml ~rIlV1U~ ~emiddotat RJgti lil) income tax as nilprevions year Rs nil ) as at TIiar h 3 I 2016 hallenlll heen deposited WiiiliL appropriate authorities ilrtcl no prevision has been made for the same

St Nmueof fue Name of Amount Peded to which the FomID where 11(jmiddot istatllteJJlleSmiddot ~Si in ameunt relates dispute is pellding

Lacs) OfJ)he centrl1 tIQi~c IS56 2(Olmiddot032003middotQ4 Ik SUptCU1e centbm

ElIcentise~ct t944 tgtuti 200405 iMewDIl11 I _

]houtQPinioll and acoofilittg to theinformatlon andellplanatigifgJYcn tous anlil tbllljoolt$of acebunts Verified by us the company has not4et1lllt~ in liepa~tllnt of dll t~ tIJfanciil1 instit1ltQnbarik((joVCll11llllnf 01 dues to tebenwe hold~

is llet iufilrrnaijlJugivln to usno 1111IneywaSnilsedibY way 0-pound initiaipubfieoller orfurther i J1ll1ilfcentofe~ (in~Iuclingdebt lnstfuments) No term loaasarelfliseobiy thecompafiy duxillfl the

-1 year

amp Durittgtlie ceurse ofour ~xarniWltlonQtbotisiofacCOJIDt~olnrled in acentcentordte with tb~ Olltetaly Aqcepted Al1diting Standards 1m IJldi~ wehll~e nllther (jl1me lI(rossmiddot InstlWice lf fraud on er h~ the oompany either noticed er repotied dmng the year nor 11 ~iVewe been Il1formed ofampuch lease-by themanagemetit

xi Acent~9r4ng to int9rrntttlOn and elltpIanatlon g1VIltto U$ and ltbcent books ilpound acoilitts ~~finlamp b~middotI1lS the mnnagerlllfrettlJIDeratlonhl becn pard pr pr()~idel incompliance With SeetiQn97 readwith Schedute Vto theCompanies Act 2019

Thecompany is nota Nidhi company hence th~ prQli~~OIli cr$ lJaUl111 3(xli)aIlnQt alJPiil)aamplil to the Cqmpany

xiii All transactians with Jh~ related PaJtties ate incol[fp-liancj wi~h seetion t77 and 1880pound -Companies Act 2013WIJcenttcent appIii1ajfe and the details haYe been disclosed 11 he 1fillcillii Statements etc as required hytheapplicableaceountingstoodards

x~v According to infermation-and explanatlon given tlJ Wland the lJQdks ofaccounts j etified by us the company dutifigtheW~lthaSlilJtlllade an preietefitill1 liflbt1tlent orprivate plementqf shares or fully or partIlbdiverti1ile debentures ieJ1l tl1lprovicention Qfclavse $ xht) are tot apptlCllheto companies

xv According to inforrnati0lande~Illanationgiven tous and the bQoksofaOcliUbts elffied by us the rompany has not epteted into any noncashtrensacticn withditelt0rs ot perijl) seomrcct64 Iwithit I

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~1l~11l~Pll Z$iJ(aribhakti CQlony Ra~Cdurs~ CirCle adooara-390 InS Tel(O$61 233 7~jax(Qaa5) z~54aaa E-ltiali shahsai1Jhvfg01aiIOOil

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FOR $hilr$llughviampCo (Clill~ered AeeQUUital1ts) ~~g No~r09794W

JISHAlt (IttlprietoF) Menihel1~)dJI NQ Q3461O

The ltompatly is Wilt req)1ired to be regl~tered 1Jniiletseetlo 4SrAllfthe Re~elVe

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CORALLABORATORIES LIMITED REGD OFFICE 3085 VillAGE amp POSTPOICHYA(RANjTAlUKA SAVLI BARODA GUJARAT-391710

CORPORATE OFfiCE 38 PATANWALA COMPOUNDOPP SHREYAS CINEMA lBS MARG GHATKQPAR(WEST)MUM6AI-400 086

Website wwwcorallabcom Tel 22-2500524546 tiN U423G997PLC031669 Emailld tstoraJlabcom AUDITED FINANCIAL RESULTS FORTliE QUARTERAND YEARENDEDMARCH 31st 2016

5r No

Part -

Particulars

1 Refer Notes Below

Income from operations (a) Net salesIncome from operatlons(Net of Bxctse Duty) (bl Otheroperating income Total Income from operations (Net)

2 Expenses (a) Cost of materials consumed (b) Purchases ofstock-In-trade (e) Changes In inventories of finished goods work-in-progress

and stock-In-trade

(d) Employee benefits expense (e) Depredation and amortIsation expense (f) Other expenses

Total expenses

Profit from operations before other Income Finance costs 3

and exceptlonalltems11~2)

4 Othel Income

bull Profit from ordinary activities before

finance- costs and exceptional kems (3+4) 5

Finance costs 6

Profit from ardinall activities after finance costs

but before eJtCeptlonalltems(5-6J 8

7

Exceptional Items

Profit from ordinary activities before tax (7-8) 9

Tax Expenses

lal Current Tax 10

(b) Deferred Tax (c ) Short prOvision

11 Net Profit from ordinary activities after tax(9~10)

12 Extraordinary Items

Net Profit for the period (11-12)13

Paid-up equity share capital (FiKe Value RsIO pershareJ

14

15 Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year

Basic and Diluted Earning per share In Rs loot 16 Annuallsed)(Before and After extraordinary items)

Quarter Ended Year Ended

31032016 31122015

IAudited lUnaudlted

231461 1B0778 7305 17421

238766 198199

134564 110605 2412 0

1848 -1677 15436 14145 - 3170 4545 41305 26267

198735 153885

40031 44314

12905 6695

52936 51009

185 089

5092052751

00

52751 50920

1950015700 279 300 067

36705 31120

0 0

36705 31120

35726 35726

0 0

1027 871

31032015 31012016 31032015

fAuditeltf) Audited IAudlted

179437 732555 574907 7178 37608 19300

770163 594207186615

93841 443240 351566 4491 2412 4491

7395 (2744) (7189) 11647 51285 42622 14141 17305 25668 27715 112750 80683

159170 624248 497841

14591527445 96366

289268052 25939

35497 174841 122305

137 825 206

35360 174016 122099

0 0 0

35360 174016 122099

8755 49200 25755 342 779 642

067 26263 123970 95702

0000 0

26263 123970 95702

3572635726 35726

6660660 554996

3470735 2670

1)Above Audited financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meetlng held on 30th May 2016

2 The Company has onlv one segment viz Formulations as per Accounting Standard 17 of the Institute of the Chartered Accountants of lndla

3The Boardof rnreetors have recommended dividend 30 le Rs3- per share of the face value of Rs10- eachyear 2015-16 4) The 5tatutory auditor have carrfed out a 5tatutoryAudit of the FInancial results of the Company

5) Previous year figure have been regrouped wherever necessary

6) This statement Is asper Regulation 33 of SEB(lstlng ObligatIons and DIsclosure nequtrements) Regulations 2015

7) The Copy of above result is also avallable on the website of the Company LewwwcoraUabcomandthatonwebsitrryE Ltd tewwwbsefrdec m

For CORALLABORA[ORI_LIMITED

r-JL ()1fi ~ Date - 30thMay 2016 ~8005HI Place - Mumbal OfRECTOR

DIN 00232287

2







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B ASSETS


(I) Tangible Assets


(RsIn Lacs)



35726 357 26 666066 5549 96

701792 5907 22

0 shy9608 8829

1890 1979

1721 1194

13219 12C 02

3736 13194

96904 62 99 10926 4 56 68136 40 81

179702 12 43 894713 724 54

180456 189 10 396 19









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701792 5907 22

0 shy9608 8829

1890 1979

1721 1194

13219 12C 02

3736 13194

96904 62 99 10926 4 56 68136 40 81

179702 12 43 894713 724 54

180456 189 10 396 19









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