Key Financial Results (in Rupees)
For the Quarter Ended March 31, 2017 (Audited):
- Net Loss for the period: ₹(38,98,998)
- Loss before tax: ₹(38,98,998)
- Exceptional Items: ₹(34,52,147)
- Basic Earnings Per Share (EPS): (₹0.85)
For the Year Ended March 31, 2017 (Audited):
- Net Loss for the period: ₹(42,16,161)
- Loss before tax: ₹(42,16,161)
- Exceptional Items: ₹(34,52,147)
- Basic Earnings Per Share (EPS): (₹0.99)
Comparative Figures (Previous Year - Audited):
- Year Ended March 31, 2016 Net Loss: ₹(6,08,908)
- Year Ended March 31, 2016 Basic EPS: (₹0.130)
Breakdown of Expenses (Year Ended March 31, 2017)
- Employees benefit expenses: ₹1,70,026
- Other Expenses: ₹2,52,858
- Changes in inventories: ₹3,41,130
- Total Expenses: ₹7,64,014
Standalone Statement of Assets and Liabilities (As on March 31, 2017)
Equity and Liabilities:
- Share Capital: ₹4,61,32,000 (unchanged from previous year)
- Reserves and Surplus: ₹(6,29,98,779) (Previous year: ₹(5,87,82,618))
- Short-term borrowings: ₹1,72,12,000.00 (Previous year: ₹1,68,42,000)
- Other current liabilities: ₹60,449.69 (Previous year: ₹14,00,000)
- Short-term provisions: ₹3,58,757.00 (Previous year: ₹3,66,723)
- Total Equity and Liabilities: ₹7,64,428 (Previous year: ₹59,58,105)
Assets:
- Long-term loans and advances: ₹5,75,698.00 (Previous year: ₹0)
- Short-term loans and advances: ₹1,88,729.69 (Previous year: ₹2,35,656)
- Trade receivables: ₹0 (Previous year: ₹3,41,130)
- Total Assets: ₹7,64,428 (Previous year: ₹59,58,105)
Approval and Notes
- The audited results for the quarter and year ended March 31, 2017 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30/8/2017.
- The company is engaged in one business segment only.
- EPS has been calculated in accordance with Accounting Standard (AS) 20 issued by the Institute of Chartered Accountants of India (ICAI).
- Figures for the previous period have been regrouped wherever necessary to conform to the current year's classification.