General information about company
Scrip code	512505
Name of company	Meenakshi Steel Industries Limited
Result Type	Main Format
Class of security	Equity
Date of start of financial year	01-04-2016
Date of end of financial year	31-03-2017
Date of board meeting when results were approved	26-05-2017
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-05-2017
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Audited
Segment Reporting	Single segment
Description of single segment	Non Banking Financial Services
Start time of board meeting	02:30
End time of board meeting	03:30

Quarterly & Half Yearly Financial Result by Companies Other than Banks
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2017	01-04-2016
B	Date of end of reporting period	31-03-2017	31-03-2017
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Revenue From Operations
	Revenue from operations	2.35	2.56
	Other income	-0.06	0.7
	Total Revenue	2.29	3.26
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	0.75	1.91
(e)	Finance costs	0	0
(f)	Depreciation and amortisation expense	0	0
(g)	Other Expenses
1	Adverisment Expenses	0.025	0.171
2	Bank Charges	0	0.001
3	Custodian and ISIN Expenses	0	0.446
4	Filing Fees	0.018	0.444
5	Listing Fees	0	2.29
6	Legal and Professional Charges	0.745	0.99
7	Statutory Audit Fees	0.23	0.23
8	Payment to Auditor	0.246	0.984
9	Demat Charges	0.012	0.02
10	Other Expenses	0.264	0.159
	Total other expenses	1.54	5.735
	Total expenses	2.29	7.645

Quarterly & Half Yearly Financial Result by Companies Other than Banks
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2017	01-04-2016
B	Date of end of reporting period	31-03-2017	31-03-2017
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3	Profit before exceptional and extraordinary items and tax	0	-4.385
4	Exceptional items	0	0
5	Profit before extraordinary items and tax	0	-4.385
6	Extraordinary items	0	0
7	Profit before tax	0	-4.385
	Current tax	-0.16	-0.016
	Deferred tax	0	0
	Total tax expenses	-0.16	-0.016
9	Net Profit Loss for the period from continuing operations	0.16	-4.369
10	Profit (loss) from discontinuing operations before tax	0	0
11	Tax expense of discontinuing operations	0	0
12	Net profit (loss) from discontinuing operation after tax	0	0
13	Profit (loss) for period before minority interest	0.16	-4.369
16	Net profit (Loss) for the period	0.16	-4.369

Quarterly & Half Yearly Financial Result by Companies Other than Banks
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2017	01-04-2016
B	Date of end of reporting period	31-03-2017	31-03-2017
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
17	Details of equity share capital
	Paid-up equity share capital	199.2	199.2
	Face value of equity share capital	10	10
17	Details of debt securities
18	Reserves excluding revaluation reserve		763.36
20	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.01	-0.21
	Diluted earnings (loss) per share from continuing and discontinued operations	0.01	-0.21
24	Disclosure of notes on financial results	Textual Information(1)

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Textual Information(1)

1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th May, 2017 2. The Statutory Auditor have carried out Limited Review on the financial results of the Company for the Quarter ended 31.03.2017 and have express an unqualified opinion on the same. 3. The Company operates in only one business segment (ie non banking financial services. 4. Comparative figures have been regrouped / restated wherever necessary.

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)	Previous year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2016	01-04-2015
Date of end of reporting period		31-03-2017	31-03-2016
Whether results are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
	Equity and liabilities
1	Shareholders' funds
	Share capital	199.2	199.2
	Reserves and surplus	763.36	767.59
	Money received against share warrants	0	0
	Total shareholders' funds	962.56	966.79
2	Share application money pending allotment	0	0
3	Deferred government grants	0	0
4	Minority interest
5	Non-current liabilities
	Long-term borrowings	0	0
	Deferred tax liabilities (net)	0	0
	Foreign currency monetary item translation difference liability account	0	0
	Other long-term liabilities	0	0
	Long-term provisions	0	0
	Total non-current liabilities	0	0
6	Current liabilities
	Short-term borrowings	0	0
	Trade Payables
	(A) Total outstanding dues of micro enterprises and small enterprises	0	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0	0
	Other current liabilities	0	0
	Short-term provisions	0.857	0.4
	Total current liabilities	0.857	0.4
	Total equity and liabilities	963.417	967.19
	Assets
1	Non-current assets
(i)	Fixed assets
	Tangible assets	0	0
	Producing properties	0	0
	Intangible assets	0	0
	Preproducing properties	0	0
	Tangible assets capital work-in-progress	0	0
	Intangible assets under development or work-in-progress	0	0
	Total fixed assets	0	0

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)	Previous year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2016	01-04-2015
Date of end of reporting period		31-03-2017	31-03-2016
Whether results are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
(ii)	Non-current investments	905.16	839.06
(v)	Deferred tax assets (net)	0	0
(vi)	Foreign currency monetary item translation difference asset account	0	0
(vii)	Long-term loans and advances	1.35	123.98
(viii)	Other non-current assets	0	0
	Total non-current assets	906.51	963.04
	Current assets
	Current investments	5.91	4.04
	Inventories	0	0
	Trade receivables	0	0
	Cash and cash equivalents	0.008	0.025
	Bank balance other than cash and cash equivalents	0.109	0.085
	Short-term loans and advances	49	0
	Other current assets	1.88	0
	Total current assets	56.907	4.15
	Total assets	963.417	967.19
	Disclosure of notes on assets and liabilities	Textual Information(1)

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Textual Information(1)

1. The above results have been reviewed by the Audit Committee and approved by the Board of Director at their meeting held on 26.05.2017 2. The Statutory Auditors have carried out a Limited Review of the financial results of the Company for the Quarter ended 31.03.2017 and have expressed an unqualified opinion on the same 3. The Company Operate in only one business segment ie. non banking financial services 4. Comparative figures have been regrouped / restated wherever necessary