Company Disclosure

Netripples Software Limited (Scrip Code: 542117, ISIN: INE478B01018) submitted regulatory filing to BSE Limited regarding financial results approval.

Board Approval

Board of Directors meeting held on May 19, 2019 approved:

1. Unaudited Financial results for Quarter ending March 2019

2. Limited Review Report with Unmodified Opinion for quarter ending March 31, 2019

Financial Results (₹ in Lakhs, except per share data)

Quarterly Performance (3 Months Ended March 31, 2019)

  • Total Revenue from Operations: ₹449.51 lakh
  • Depreciation & Amortisation Expense: ₹5.05 lakh
  • Total Expenses/Expenditure: ₹442.12 lakh
  • Profit Before Exceptional Items & Tax: ₹12.72 lakh
  • Exceptional/Extraordinary Items & Tax Provisions: ₹0.00 lakh
  • Net Profit for the Period after Tax: ₹12.72 lakh
  • Other Comprehensive Income: ₹0.00 lakh
  • Total Comprehensive Income: ₹12.72 lakh
  • Paid-up Equity Share Capital (Face Value ₹10 per share): ₹681.69 lakh
  • Other Equity (excluding Revaluation Reserves): ₹302.95 lakh
  • Earnings Per Share (EPS) - Basic & Diluted: ₹0.00

Comparative Quarterly Performance

  • Preceding Quarter (31.12.2018, Unaudited): Revenue ₹609.26 lakh, Net Profit ₹14.10 lakh, EPS ₹0.21
  • Corresponding Quarter Previous Year (31.03.2018, Audited): Revenue ₹267.40 lakh, Net Profit ₹6.08 lakh, EPS ₹0.06

Annual Performance (Year Ended March 31, 2019)

  • Total Revenue from Operations: ₹2,498.65 lakh
  • Depreciation & Amortisation Expense: ₹26.15 lakh
  • Total Expenses/Expenditure: ₹2,425.66 lakh
  • Profit Before Exceptional Items & Tax: ₹46.84 lakh
  • Exceptional/Extraordinary Items & Tax Provisions: ₹0.00 lakh
  • Net Profit for the Period after Tax: ₹43.88 lakh
  • Other Comprehensive Income: ₹0.00 lakh
  • Total Comprehensive Income: ₹43.88 lakh
  • Paid-up Equity Share Capital: ₹681.69 lakh
  • Other Equity: ₹302.95 lakh
  • Earnings Per Share (EPS): ₹0.06

Comparative Annual Performance

  • Previous Year (31.03.2018, Audited): Revenue ₹2,566.71 lakh, Net Profit ₹38.74 lakh, EPS ₹0.56

Key Auditor Confirmations:

  • Total Assets match Total Equity and Liabilities at ₹1,026.26 lakh as at March 31, 2019
  • Statement of Cash Flows prepared in accordance with Ind AS 7
  • Closing Cash and Cash Equivalents of ₹3.25 lakh agree with Note 14 of approved Balance Sheet
  • Audit conducted in accordance with Standards on Auditing specified under Section 143(10) of Companies Act, 2013