Financial Result Quarter 1 - FY16-17

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

 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2016 
  *(In Lakhs)
Particulars 3 Months Ended  Year Ended 
30-june-16 31-Mar-16 30-june-15 31-Mar-16
 (Unaudited)   Audited   (Unaudited)   (Audited) 
1.a Net Sales/Income from Operations 1,095.75 933.91 3,763.28 9,199.54
b.Other operating Income - - - -
Total Income 1,095.75 933.91 3,763.28 9,199.54
2.Expenditure        
a. Increase/decrease in stock in trade and work in progress 85.04 (191.75) (182.53) (688.28)
b.Consumption of raw materials 0.00 - 0.00 -
c.Purchase of traded goods 997.35 999.50 4,196.00 9,582.63
d.Employees cost 9.99 9.81 14.19 60.25
e.Depreciation & amortization 3.43 4.64 5.16 19.04
f.Other expenditure 54.91 83.66 30.20 181.23
g.Total 1,150.72 905.86 4,063.02 9,154.87
3. Profit from Operations before other Income , Finance Cost and exceptional items (54.97) 28.05 (299.74) 44.67
4.Other Income 0.00 0.00 0.00 0.00
5.Profit from ordinary activities before Finance Cost and Exceptional items (54.97) 28.05 (299.74) 44.67
6.Interest Paid 3.28 2.62 0.93 5.06
7.Profit from ordinary activities after finance costs but before exceptional items (58.25) 25.43 (300.67) 39.61
8. Exceptional items 0.00 0.00 0.00 0.00
9.Profit (+)/ Loss (-) from ordinary activities before tax (58.25) 25.43 (300.67) 39.61
10. Tax expense (including deferred tax and net of MAT credit entitlement) 0.00 12.24 0.00 12.24
11.Net Profit (+)/ Loss (-) from ordinary activities after tax (58.25) 13.19 (300.67) 27.37
12. Extraordinary Item (net of tax expense Rs) 0.00 0.00 0.00 0.00
13. Net Profit(+)/ Loss(-) for the period ( 11-12 ) (58.25) 13.19 (300.67) 27.37
14. Paid Up Share Capital 682.23 682.23 682.23 682.23
(Face Value of the Share shall be indicated )
15. Reserve excluding 8,897.93 8,956.18 8,969.37 8,636.08
( Revaluation Reserves as per balance sheet of previous accounting year )
16.i Earning per Share(EPS) ( before extra ordinary items )        
Basic and Diluted ( not to be annualized )        
a. before extra ordinary items (0.85) 0.19 (4.41) 0.40
b. after extra ordinary items (0.85) 0.19 (4.41) 0.40
16.ii Earning per Share(EPS) ( after extra ordinary items )        
Basic and Diluted ( not to be annualized )        
a. before extra ordinary items (0.85) 0.19 (4.41) 0.40
b. after extra ordinary items (0.85) 0.19 (4.41) 0.40
* Except EPS which is determined in Rs. & Paise

NOTES TO THE FINANCIAL RESULTS
  1. The aforesaid results have been subjected to Limited Review Report by the Statutory Auditors and reviewed by the Audit Committee and approved by the board at their respective meetings held on Friday, 12th August 2016.
  2. 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.
  3. The Company does not have any extraordinary or exceptional item to report for the above periods.
  4. Previous year / periods figures have been regrouped / reclassified, wherever necessary.

For and on behalf of Board of Directors
For Inter Globe Finance Limited

PLACE: KOLKATA
Date: 12th August, 2016

(SURESH KUMAR JAIN)    
    Chairman-cum-Managing Director