,

8-209, 2nd Floor, Mondeal Square, Nr, Prahaladnagar Garden,

Prahaladnagar, Ahmedabad - 38001 5. Phone : 91 -922801 0690 / fi 2
)rL
E-mail : inlo@palcometals,com . www.palcometals.com
CIN : 12731 OGJ1 960P1C000998 Palco Metals Limited

3'd February,2017
To,
The Manager
Bombay Stock Exchange Limited.
Phiroje Jeejeebhoy Tower's,
Dalal Street,
Mumbai - 400 001.

Ref.: Company Code 539121

,

Subject: Submission of Unaudited Quarterly Results under Clause 33 of the SEBI

(LODR) Regulations, 20L5 for quarter and half year ended 31't December,
2016

Dear Sir,

We have enclosed herewith the Unaudited Quarterly Results for the quarter and half year ended
31't December,2016 in prescribed format in terms of Clause 33 of the SEBI (LODR)
Regulations,20l.5 along with Limited Review Report by Auditor.

Pleased find the same in order and take it on your record.

Thanking You,

Yours Faithfully,

FoT, PALCO METALS LIMITED

KIRANKUMAR AGRAWAL
Director
DIN:00395934

Encl.: As Above
8-209, 2nd Floor, Mondeal Square, Nr. Prahaladnagar
Garden,
Prahaladnagar, Ahmedabad .
3g001S. Phone : 91.9228!i0690 1
/ /2
E-mail : info@palcometals,com . www.palcolnetals,com
CIN : 12731OGJ1960p1C000998
palco Metals Limite
FoRrHEeuARrrReuarFv-EAR;"^il;;#Hti#r".tu,'#l;
?:ff+l'xT,?:lsy?jT:3,-sl1t\_DAloNEFTNANCTALRESULTS

in Lacs-
3V78201.6 so/og/2ud- Year to date Year Ended
3V142O1s Year to date
Sr. figures for figures for 3Uo3/2076
No. Particulus current curent
period period
ended ended
31.12.2018 31.12.2015

1 naudited
Audited
a) NetSales/lncome from Operations
(Inclusive of Excise Duty)
b) OtlEr Operatjns Income
0.00 0.00
Expendirure
1,8.22 000 78.22 0.00
I 0.0 ,a
a) Cost of Materials consumed
b) Purchase of stock-in-trad
c) Changes rnrnventones of trnished goods, work-in-protess
dnd sto.l{n-
d) Employee benefits e\pense
e) Labour Charges 0.49 0.26 0.52 1.32 1.18
l-)Depreciation and amortisation expenses 1.67
g) Other E\penscs
r urcr E rPcn\el 2.24 'l 58
4.62 10.52
2.73 4V"87
3
_,--y \!vue, uuur uperc(rons oetole
.receptiolal items
l1-2t
other iDcome, finance costs and
(2.73)
1..94 5.74 8.85 7t.zol cg.si
4 Itherlncome (7.e4) 13.08 (8.8s) 6.s21 Gs.sl)
Los) trom ordinary activities beGFfinance

7
ffi *"^""'"
(2.73) (1..e4) 13.08 (8.8s)l 6.s2
12.37
(37.17)

""."piionut
i.u-.li-ei---' (2.73t1 Q,e4) 13.08 (8.8s)i
0.
8 Exceptio[alrtems/incomes ...<
_q001 0.00
a.sz I (3s.14)
o.oo I
9 0.00 0.00
(2.7311 so-oo
10
- tt.sa) 13.08 (sss) 65rT 41f6
li
12

13
4
-
\et Profil / { I ossl from Oridinary Aclivities
E\lraordlndrv tlems

Paid uD equitv share

-
ltt". to* t9_t0,
lz.'/3

(2.73)
0
1..94)1
ol
(1-.e4ll
13.0s

rs-os
o
ffi
o.ool
(8.85
o.oa
15 Ileserves excluding Revaluation 4UU.UL 4UU.UU
6.52 26.76
Reser s Per balance sheet of previous -z-00:0r
(i) Earning per sharc (eefore extra
t6 orv
- dinary items ) of Rs. 10/_ each (Not
Annualised) (0.0068) (0.004e)
Basic & Dilutec{ (ln Rs.)
(0.0013)
0.0327
| p.0221) 0.0163 0.0654
(ii) Earning Per Share (After Extra
Ordinary items ) of Rs 1 0/- e.rch (Not Afrruaiised)
(0.0043) o.ozzz
I e.0221) (0.0163) (0.0654)
Basic & Diluied (ln Rs.)
l
t3/02/2017
I
,uvc^vi,rcvreweoDyheAuditcomitt*und ttt
uppiil"li] .

2 \\ the Comldn\ hds only one segment ot d( tivttv

or
, the disclo\ure requrremen ResuldLron
. rn,s Accounrrng s,.,'a".a e's-rio" "r.sr""i R"p*i,"s: ;;; ;l:;;l]fffi,"der 3j orsEBt (Lisrrn ; Obligatios & Disclosure
Requirement) Regulations, 2015 and
3 revious Periods, figures have been regrouped/rearranged,
wherever necessary.

alf of the Board

P tace: Ahmedabad
D ate :03/02/2077
d^ Dil 'ector
u ar Agrawal

DIJ 9U
 Ra hul Kakani & Associates
Chartered Accountants
Office Address: - 401, M.V. House, Opp. Hatisingh Jain Temple, Shahibaug Road, Shahibaug,
Ahmedabad - 380 004.(Mo. No. - 80004 35262), E-mail ID- carahulkakani@gmail.com

Auditors Review Report

To the Board of Directors of

PALCO METALS LIMITED

We have reviewed the accompanying statement of unaudited financial results of PALCO METALS
LIMITED for the period ended 31st SeptDec ,,2016
2016 except for the disclosures regarding 'Public Shareholding'
and 'Promoter and Promoter Group Shareholding' which have been traced from~disclosuresmade by
the management and have not been audited by us. This statement is the responsibility of the Company's
Management and has been approved by the Board of Directors/ Committee of Board of Directors. Our
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 Engagements (SRE) 2410, 'Review
of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the
Institute of Chartered Accountants of India. A review of interim financial information consists of making
inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical
and other review procedures. A review is substantially less in scope than an audit conducted in
accordance with Standards on Auditing and consequently does not enable us to obtain assurance that
we would become aware of all significant matters that might be identified in an audit. 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 said Part I of the Statement is not prepared, in all material respects, in accordance with
applicable Accounting Standards and other recognised accounting practices and policies and has not
disclosed the information required to be disclosed in terms of Clause 4 1 of the Listing Agreement
including the manner in which it is to be disclosed.

FOR, RAHUL KAKANI & ASSOCIATES

(Chartered

Place of Signature: Ahmedabad

Date: 02.02.2017