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 
* Except EPS which is determined in Rs. & Paise

NOTES TO THE FINANCIAL RESULTS
  1. 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.
  2. The aforesaid results have been subjected to Limited Review Report by the Statutory Auditors of the Company.
  3. 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.
  4. 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.
  5. 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