Financial Result Quarter 1 - FY17-18
INTER GLOBE FINANCE LIMITED
Regd Office: Aloka House, 1st floor, 6B, Bentinck Street, Kolkata-700 001
Website: www.igfl.co.in e-mail: interglobefinance@gmail.com
CIN: - L65999WB1992PLC055265
| STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2017 | ||||||||
| *(in Lakhs) | ||||||||
| Particulars | STANDALONE | CONSOLIDATED | ||||||
| Quarter Ended | Year Ended | Quarter Ended | Year Ended | |||||
| 30-Jun-17 | 31-Mar-17 | 30-Jun-16 | 31-Mar-17 | 30-Jun-17 | 31-Mar-17 | 30-Jun-16 | 31-Mar-17 | |
| (Unaudited) | (Audited) | (Unaudited) | (Audited) | (Unaudited) | (Audited) | (Unaudited) | (Audited) | |
| I.Revenue from operations | 1,206.04 | 1,653.46 | 1,095.75 | 7,848.96 | 1,206.51 | 1,654.24 | 1,095.75 | 7,850.83 |
| II.Other Income | - | - | - | - | - | - | - | - |
| III.Total Revenue (I+II) | 1,206.04 | 1,653.46 | 1,095.75 | 7,848.96 | 1,206.51 | 1,654.24 | 1,095.75 | 7,850.83 |
| IV.Expenses: | ||||||||
| a. Cost of material consumed | - | - | - | - | - | - | - | - |
| b. Purchases of Stock-in-trade | 16.87 | 1,240.06 | 997.35 | 6,881.67 | 16.87 | 1,240.06 | 997.35 | 6,881.67 |
| c. Change in inventories of finished goods, work-in-progress and Stock-in-trade | 875.60 | 168.44 | 85.04 | 298.33 | 875.60 | 168.44 | 85.04 | 298.33 |
| d. Employees benefits expense | 42.18 | 24.68 | 9.99 | 94.20 | 42.18 | 24.68 | 9.99 | 94.20 |
| e. Finance Costs | 12.64 | 19.59 | 3.28 | 38.00 | 12.64 | 19.59 | 3.28 | 38.00 |
| f. Depreciation and amortisation expense | 8.83 | 19.13 | 3.43 | 38.46 | 8.83 | 19.13 | 3.43 | 38.46 |
| g. Other Expenses | 188.90 | 64.26 | 54.91 | 342.74 | 189.22 | 65.11 | 54.91 | 344.55 |
| Total Expenses | 1,145.02 | 1,536.16 | 1,154.00 | 7,693.40 | 1,145.34 | 1,537.01 | 1,154.00 | 7,695.21 |
| V. Profit/(Loss) from Operations before exceptional and extraordinary items and Tax (III-IV) |
61.02 | 117.30 | (58.25) | 155.56 | 61.17 | 117.23 | (58.25) | 155.62 |
| VI.Exceptional items | - | 88.84 | - | 88.84 | - | 88.84 | - | 88.84 |
| VII.Profit/(Loss) before extraordinary items and Tax (V+VI) |
61.02 | 206.14 | (58.25) | 244.40 | 61.17 | 206.07 | (58.25) | 244.46 |
| VIII.Extraordinary Items | - | - | - | - | - | - | - | - |
| IX.Profit/ Loss before tax (VII-VIII) | 61.02 | 206.14 | (58.25) | 244.40 | 61.17 | 206.07 | (58.25) | 244.46 |
| X.Tax expense | ||||||||
| (1) Current Tax | 17.57 | 87.80 | - | 87.80 | 17.57 | 87.80 | - | 87.81 |
| (2) Deffered Tax | - | - | - | - | - | - | - | - |
| XI.Profit/(Loss) for the period from continuing operations (IX-X) |
43.45 | 118.34 | (58.25) | 156.60 | 43.60 | 118.27 | (58.25) | 156.65 |
| XII.Profit/(Loss) for the period from Discontinuing operations |
- | - | - | - | - | - | - | - |
| XIII.Tax Expense of Discontinuing operations | - | - | - | - | - | - | - | - |
| XIV.Profit/ Loss from discontinuing operations (after Tax) (XII-XIII) |
- | - | - | - | - | - | - | - |
| XV.Profit/(Loss) for the period (XI+XIV) | 43.45 | 118.34 | (58.25) | 156.60 | 43.60 | 118.27 | (58.25) | 156.65 |
| XVI.Paid-up equity share capital | 682.23 | 682.23 | 682.23 | 682.23 | 717.23 | 717.23 | 682.23 | 717.23 |
| XVII.Earning per Equity Share (EPS) | ||||||||
| (1) Basic | 0.64 | 1.73 | (0.85) | 2.30 | 0.61 | 1.65 | (0.85) | 2.18 |
| (2) Diluted | 0.64 | 1.73 | (0.85) | 2.30 | 0.61 | 1.65 | (0.85) | 2.18 |
NOTES TO THE FINANCIAL RESULTS
- The aforesaid results for the quarter ended June 30, 2017 have been reviewed by the Audit Committee at the meeting held on Friday, August 11, 2017 and thereafter approved by the board at their respective meetings held on Friday, August 11, 2017.
- The aforesaid results have been subjected to Limited Review Report by the Statutory Auditors of the Company.
- The business of a Company falls within a single primary segement viz, 'Financial Services' and hence, the disclosure requirement of accounting Standard-17 'Segement Reporitng' is not applicable.
- The Consolidated Financial Results comprise the following entities financial result alongwith Inter Globe Finance Limited: (i) Inter Globe Projects Ltd (ii) Inter Globe Realty Ventures Ltd (iii) Inter Globe Tradex & Services Ltd (iv) Inter Globe Medical College & Hospital Ltd (v) Inter Globe Engitech India Ltd (vi) Inter Globe Realtors Project India Ltd.
- Previous year / periods figures have been regrouped / reclassified, wherever necessary.
For and on behalf of Board of Directors
For Inter Globe Finance Ltd.
PLACE: KOLKATA
DATE: 11th August, 2017
Navin Jain
(Director)
Din No. 01197626