| 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 |
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| STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2018 |
|
*(in Lakhs) |
|
Particulars |
STANDALONE |
|
Quarter Ended |
6 Months Ended |
Year Ended |
|
30-Sep-18 |
30-Jun-18 |
30-Sep-17 |
30-Sep-18 |
30-Sep-17 |
31-Mar-18 |
|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
| I. |
Revenue from operations |
260.09 |
702.69 |
235.63 |
962.78 |
1,440.69 |
1,875.72 |
| II. |
Other Income |
4.50 |
4.04 |
- |
8.55 |
1.11 |
20.37 |
| III. |
Total Revenue (I+II) |
264.60 |
706.73 |
235.63 |
971.33 |
1,441.80 |
1,896.09 |
| IV. |
Expenses: |
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a. Cost of material consumed |
- |
- |
- |
- |
- |
- |
|
b. Purchases of Stock-in-trade |
52.20 |
368.85 |
0.76 |
421.05 |
17.64 |
1,753.99 |
|
c. Change in inventories of finished goods, work-in-progress and Stock-in-trade |
161.14 |
96.80 |
30.58 |
257.94 |
906.19 |
(714.76) |
|
d. Employees benefits expense |
28.64 |
28.61 |
43.57 |
57.26 |
85.75 |
170.46 |
|
e. Finance Costs |
56.02 |
41.38 |
20.07 |
97.40 |
32.71 |
321.64 |
|
f. Depreciation and amortisation expense |
6.80 |
7.58 |
8.80 |
14.38 |
17.63 |
31.53 |
|
g. Other Expenses |
15.27 |
29.22 |
232.77 |
44.49 |
421.80 |
226.26 |
|
Total Expenses |
320.06 |
572.44 |
336.55 |
892.52 |
1,481.72 |
1,789.12 |
| V. |
Profit/(Loss) from Operations before exceptional and extraordinary items and Tax (III-IV) |
(55.46) |
134.29 |
(100.92) |
78.81 |
(39.92) |
106.97 |
| VI. |
Exceptional items- Provision for Doubtful Debts |
(80.40) |
(216.38) |
- |
(296.78) |
- |
(243.46) |
| VII. |
Profit/(Loss) before extraordinary items and Tax (V+VI) |
(135.86) |
(82.09) |
(100.92) |
(217.97) |
(39.92) |
(136.49) |
| VIII. |
Extraordinary Items |
- |
- |
- |
- |
- |
- |
| IX. |
Profit/ Loss before tax (VII-VIII) |
(135.86) |
(82.09) |
(100.92) |
(217.97) |
(39.92) |
(136.49) |
| X. |
Tax expense |
|
|
|
|
|
|
|
(1) Current Tax |
- |
33.47 |
- |
- |
- |
26.68 |
|
(2) Deffered Tax |
- |
- |
- |
- |
- |
(18.99) |
| XI. |
Profit/(Loss) for the period from continuing operations (IX-X) |
(135.86) |
(115.56) |
(100.92) |
(217.97) |
(39.92) |
(144.18) |
| 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) |
(135.86) |
(115.56) |
(100.92) |
(217.97) |
(39.92) |
(144.18) |
| XVI. |
Paid-up equity share capital |
682.23 |
682.23 |
682.23 |
682.23 |
682.23 |
682.23 |
| XVII. |
Earning per Equity Share(EPS) |
|
|
|
|
|
|
|
(1) Basic |
(1.99) |
(1.69) |
(1.48) |
(3.19) |
(0.59) |
(2.11) |
|
(2) Diluted |
(1.99) |
(1.69) |
(1.48) |
(3.19) |
(0.59) |
(2.11) |
|
* Except EPS which is determined in Rs. & Paise |
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| NOTES TO THE UNAUDITED FINANCIAL RESULTS: |
| 1.The
aforesaid results for the quarter& half year ended September 30,
2018 have been reviewed by the Audit Committee and thereafter approved
by the board at their respective meetings held on Friday, the 26th day
of October, 2018. |
| 2. The aforesaid results have been subjected to Limited Review by the Statutory Auditors of the Company. |
| 3.
The business of a Company falls within a single primary segment viz,
'Financial Services' and hence, the disclosure requirement of accounting
Standard-17 'Segment Reporting is not applicable. |
| 4.
Inter Globe Finance Ltd. is a Non-Banking Financial Company (NBFC) as
defined under the Companies (Indian Accounting Standard) (Amendment)
Rules 2016 issued by the Ministry of Corporate Affairs vide notification
dated 30th March, 2016. Accordingly, Financial Results as per Indian
Accounting Standard (Ind-AS) of Schedule III shall be applicable to the
Company effective from Accounting period beginning on 1st April, 2019
and the net worth of the Company is Rs. 92.32 Crores as on 31st March,
2018 which is less than 500 Crores. |
| 5.
Indirect Expenses for the Quarter ended September 30, 2018 includes Rs.
80.40 lakhs as Provision for Doubtful Assets. The Management has
provided 100% for the doubtful asset. |
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6. Previous year / periods figures have been regrouped / reclassified, wherever necessary.
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| Note:
The above is an extract of the detailed format of Quarterly Financial
Results filed with the Stock
ExchangesunderRegulation33oftheSEBI(Listingand Other Disclosure
Requirements)Regulations,2015.Thefull formatoftheQuarterly
FinancialResults isavailableontheStockExchange websites at
www.bseindia.com and also available on the Company’s Website at
www.igfl.co.in. |
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For Inter Globe Finance Ltd.
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| Place:Kolkata |
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Sd/-
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| Date: 26thOctober, 2018. |
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Anirban Dutta
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(Chief Finnacial Officer)
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