Centrum Capital Limited — Interim / Quarterly Report 2020

Sep 14, 2020

September 14, 2020

To,	To,
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza,	Corporate Relations Department,
Plot No. C/1, G Block,	1st Floor, New Trading Ring,
Bandra - Kurla Complex, Bandra (East),	P. J. Towers, Dalal Street,
Mumbai - 400 051.	Mumbai - 400 001.

Sub.: Outcome of Board Meeting held on September 14, 2020 Ref: Scrip Code - 501150 and NSE Scrip Code - CENTRUM

Madam/Dear Sir,

We wish to inform you that, the Board of Directors at its Meeting held on September 14, 2020, inter-alia, has:

1. considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2020. Please find enclosed the said Unaudited Financial Results along with the Limited Review Report issued by the Statutory Auditors of the Company;

The Meeting of the Board of Directors of the Company commenced at 02:30 p.m. and concluded at 03:30 p.m.

Kindly acknowledge receipt and take the same on your record.

Thanking you,

Yours faithfully, For Centrum Capital Limited

Alpesh Shah Company Secretary

Encl: a/a

Centrum Capital Limited (CIN No.: L65990MH1977PLC019986) Corporate Office : Centrum House, CST Road, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai – 400 098. Tel : +91 22 4215 9000 Registered Office: 2nd Floor, Bombay Mutual Building, Dr. D. N. Road, Fort, Mumbai – 400 001. Tel: +91 22 2266 2434 Email : info@centrum.co.in Website : www.centrum.co.in

Independent Auditor's Review Report on quarterly Unaudited Standalone Financial Results of Centrum Capital Limited pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

To The Board of Directors Centrum Capital Limited

• 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Centrum Capital Limited ("the Company") for the quarter ended June 30, 2020 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
• 1. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of the company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
• 1. Based on our review conducted as stated in paragraph 3 above, and based on the consideration of the interim financial statement as referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Haribhakti & Co. LLP, Chartered Accountants Regn. No. AAC- 3768, a limited liability partnership registered in India (converted on 17th June, 2014 from a firm Haribhakti & Co. FRN: 103523W) Registered offices: 705, Leela Business Park, Andheri-Kurla Road, Andheri (E), Mumbai – 400 059, India. Tel:+91 22 6672 9999 Fax:+91 22 6672 9777 Other offices: Ahmedabad, Bengaluru, Chennai, Coimbatore, Hyderabad, Kolkata, New Delhi, Pune.

1. We draw attention to Note 4 to the accompanying Statement, which explains that the extent to which the COVID-19 pandemic will impact the Company's financial performance is dependent on future developments, which are highly uncertain.

Our report is not modified in respect of this matter.

1. The Statement includes the interim financial statement of one (1) trust which has not been reviewed by their auditor, whose interim financial statements reflect total revenue of Rs. 0.35 Lakhs, total net profit after tax of Rs. 0.35 Lakhs and total comprehensive income of Rs. 0.35 Lakhs for the quarter ended June 30, 2020, as considered in the Statement. According to the information and explanations given to us by the Management, this interim financial statement is not material to the Company.

Our report is not modified in respect of this matter.

For Haribhakti & Co. LLP Chartered Accountants ICAI Firm Registration No.103523W/W100048

_____________________

Snehal Shah Partner Membership No.: 048539 UDIN: 20048539AAAACV5666

Place: Mumbai Date: September 14, 2020

	CENTRUM CAPITAL LIMITED
	CIN L65990MH1977PLC019986
	Registered Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001. Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Santacruz (East), Mumbai - 400098.
	Tel.: +91 22 42159000 Fax no. : +91 22 42159533 Email ID: info@centrum.co.in Website: www.centrum.co.in
	Statement of Standalone unaudited Financials Results for the quarter ended June 30, 2020				(* in Lakhs except per equity share data)
			Quarter ended		Year Ended
	Particulars	30-Jun-20 (Unaudited)	31-Mar-20 (Audited) (Refer note 2)	30-Jun-19 (Unaudited)	31-Mar-20 (Audited)
1.	Revenue from operations a. Sales of services
	b. Net Gain on fair value changes	809.68	941.01	202.91	1,509.54
	c. Other Operating Income	45.46 91.00	(99.12)	(75.68)	(186.24)
	Total revenue from operations	946.14	91.00 932.89	91.00 218.23	364.00 1.687.30
	Other Income	280.98	617.09	329.25	1,479.70
	Total Income 2. Expenses	1,227.12	1,549.98	547.48	3,167.00
	a. Finance Costs
	b. Impairment on Financial instruments	214.38 211.78	1,058.67	445.92	2,404.24
	c. Employee Benefits Expense	423.15	48.74 498.35	(9.64) 672.63	109,91
	d. Depreciation and Amortization Expense	55.64	56.17	93.47	2,418.91 264.56
	e. Other Expenses	378.71	287.47	821.28	1,830.79
3.	Total Expenses	1,283.66	1,949.40	2,023.66	7,028,41
4.	Profit/(Loss) before exceptional Items and tax Exceptional Items (Refer Note 6)	(56.54)	(399.42)	(1, 476.18)	(3,861.40)
5.	Profit/(Loss) before tax (3-4)		3,058.29	(550.29)	6,258.00
6.	Tax Expense	(56.54)	2,658.87	(2,026.47)	2,396.60
	Current tax	20.00	30.00		30.00
	Deferred tax	(131.31)	(36.98)	(33.86)	41.46
	Tax Adjustments for earlier years Total Tax Expense				(599.57)
7.	Profit/(Loss) for the Period/Year (5-6)	(111.31)	(6.98)	(33.86)	(528.11)
8.	Other Comprehensive Income (OCI)	54.77	2,665.85	(1,992.61)	2,924.70
	i. Item that will not be reclassified to profit or loss
	(a) Change in fair value of equity instruments designated at fair value through OCI		(16.43)		(16.43)
	(b) Remeasurement of Defined benefit scheme	(0.31)	13.62	(5.87)	3.75
	(c) Deferred tax on above	0.09	(3.97)	1.71	(1.09)
	ii. Items that will be reclassified to profit or loss Total Other Comprehensive Income/ (Loss)
9.	Total Comprehensive Income/(Loss) for the period/year (7+8)	(0.22)	(6.78)	(4.16)	(13.77)
10.	Paid-up Equity Share Capital (Face value of Rs.1/- Each)	54.55 4,160.33	2,659.07 4,160.33	(1,996.77)	2,910.93
11.	Other Equity			4,160.33	4,160.33 50,200.98
	12. Earning Per Share (Face value of Rs.1/- Each) $(i)$ Basic $(Rs.)$
	(i) Diluted (Rs.)	0.01	0.64	(0.48)	0.70
Notes:		0.01	0.64	(0.48)	0.70
	1 The above unaudited standalone financial results for the quarter ended June 30, 2020 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors ("The Board") at its meeting held on September 14, 2020 and The Statutory Auditors have carried out limited review of the above unaudited standalone financials results.
	2 The figures for quarter ended March 31, 2020 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the nine months ended December 31, 2019. The figures up to the end of the nine months period ended December 31, 2019 were subjected to a limited review by the Statutory Auditors of the Company.
	3 The Company publishes standalone financial statement along with the consolidated financial statement. In accordance with Ind AS 108, Operating Segments, the Company has disclosed the segment information in the consolidated financial statement. Accordingly, the segment information is given in the unaudited consolidated financial results of company for the quarter ended June 30, 2020.
	4 The outbreak of COVID-19 pandemic across the globe and in India has contributed to a significant impact and volatility in the global and Indian financial markets and slowdown in the economic activities. The Management has evaluated the impact of COVID-19 on its assets comprising of property, plant and equipment, investments, trade receivables, Loans and other financial assets, and has concluded that there is no significant impact on the carrying amount of these assets besides impairment, if any, and are recoverable as at the Statement date. The impact of COVID-19 pandemic is dependent on future developments which is highly uncertain, therefore, the financial impact in subsequent periods may be different than currently assessed.

5 During the quarter ended June 30, 2020

i) The Company infused ₹ 100.00 lakhs in its Centrum Credit Opportunities Fund.

in the company intused < 100.00 lakits in its Centrum Credit Opportunities r und.
ii) The Company infused ₹ 54.08 lakhs in its Foreign Subsidiary Centrum International Services PTE Limited.
iii) The Company has raised an Redeemable, Non-convertible, Market linked debentures bearing a face value of ₹1,00,000 /- each. 6 Exceptional items for the quarter and year ended represents

(₹ in Lakhs) Particulars Quarter ended Year ended $30 - Jun - 20$ 31-Mar-20 30-Jun-19 31-Mar-20 Profit/ (Loss) on Sale of Investments in subsidiary companies 7.80 $(550.29)$ $(542.49)$ Gain on sale of debt trading business
Forfeiture of upfront subscription on share warrants 3,050.49 3,050.49 Total 3,750.00 $3,058.29$ $(550.29)$ The unaudited standalone financial results for the current quarter ended June 30, 2020 are being uploaded on the Company's website viz., www.centrum.co.in. 6,258.00

8 The previous quarter/year's figures have been regrouped/rearranged wherever necessary to conform to current quarter classification.

For Centrum Capital Limited $d$ $\gtrsim$ Δ Jaspal Singh Bindra Executive Chairman

Capit

Mum

$u_{nn}$

Place: Mumbai Date: September 14, 2020

Independent Auditor's Review Report on quarterly Unaudited Consolidated Financial Results of Centrum Capital Limited pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

To The Board of Directors Centrum Capital Limited

• 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Centrum Capital Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of the net loss after tax and total comprehensive loss of its associate and joint venture for the quarter ended June 30, 2020 ("the Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended .
• 1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of the personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

1. The Statement includes the results of the following entities:

Sr. No.	Name of the Entity	Relationship
1	Centrum Capital Limited	Parent
2	Centrum Retail Services Limited	Subsidiary Company
3	Centrum Broking Limited	Subsidiary Company
4	Centrum Microcredit Limited (Formerly known as Centrum	Subsidiary Company
	Microcredit Private Limited)
5	Centrum Housing Finance Limited	Subsidiary Company
6	Centrum Financial Services Limited	Subsidiary Company
7	Centrum International Services Pte. Ltd.,	Subsidiary Company
8	Centrum Alternative Investment Managers Limited	Subsidiary Company
9	Centrum Capital Advisors Limited	Subsidiary Company
10	Centrum Capital International Limited (Formerly known as	Subsidiary Company
	Commonwealth Centrum Advisors Limited)
11	CCAL Investment Management Limited	Subsidiary Company
12	Centrum Alternatives LLP	Subsidiary Company
13	Centrum Insurance Broker Limited	Subsidiary Company
14	Centrum Wealth Management Limited	Subsidiary Company
15	Centrum Investment Advisors Limited	Subsidiary Company
16	Centrum REMA LLP	Joint Venture
17	Acorn Fund Consultants Private Limited	Associate
18	Centrum ESPS Trust	Trust

1. Based on our review conducted and procedures performed as stated in paragraph 3 above, based on the consideration of the review reports of the other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Emphasis of Matter

1. We draw attention to Note 3 to the accompanying Statement, which describes the classification of accounts as on June 30, 2020 with respect to the accounts which were overdue but standard and to whom moratorium benefit has been granted. The staging of those accounts under Ind-AS as on June 30, 2020 is based on the days past due status keeping it at standstill from the date moratorium is extended. Further, the Group's (including its associate and joint venture) considers that all the assets are recoverable. Also, the extent to which COVID-19 pandemic will impact the Group's (including its associate and joint venture) operations and financial results is dependent on future developments, which are highly uncertain;

Our report is not modified in respect of this matter.

1. We did not review the interim financial results of three (3) subsidiaries included in the unaudited consolidated financial results, whose interim financial results reflect total revenues of Rs. 4,075.90 lakhs, total net loss after tax of Rs. 1,434.01 lakhs and total comprehensive loss of Rs. 1,480.26 lakhs for the quarter ended June 30, 2020, respectively, as considered in the unaudited consolidated financial results. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Management and our report on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

Our report on the Statement is not modified in respect of the above matter.

The unaudited consolidated financial results includes the interim financial results of eight (8) subsidiaries and one (1) trust which have not been reviewed, whose interim financial results reflect total revenue of Rs. 606.92 lakhs and total net profit after tax of Rs. 67.52 lakhs and total comprehensive income of Rs. 70.14 lakhs for the quarter ended June 30, 2020, respectively, as considered in the unaudited consolidated financial results. The unaudited consolidated financial results also includes the Group's share of net loss after tax of Rs. nil and total comprehensive income of Rs. nil for the quarter ended June 30, 2020, respectively, as considered in the unaudited consolidated financial results, in respect of one associate and one joint venture, According to the information and explanations given to us by the Management, these interim financial results are not material to the Group including its associate and joint venture.

Three (3) subsidiaries are located outside India whose financial results have been prepared in accordance with accounting principles generally accepted in their respective countries. The Parent's management has converted the financial results of such subsidiaries located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Parent's management. Our report in so far as it relates to the balances and affairs of such subsidiaries located

outside India is based on the conversion adjustments prepared by the management of the Parent and reviewed by us.

Our report on the Statement is not modified in respect of the above matter.

For Haribhakti & Co. LLP Chartered Accountants ICAI Firm Registration No.103523W/W100048

_________________

Snehal Shah Partner Membership No.: 048539

UDIN: 20048539AAAACW4724

Place: Mumbai Date: September 14, 2020

CENTRUM CAPITAL LIMITED
	CIN L65990MH1977PLC019986
	Registered Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001.
	Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Santacruz (East), Mumbai - 400098. Tel.: +91 22 42159000 Fax no.: +91 22 42159533 Email ID: info@centrum.co.in Website: www.centrum.co.in
	Statement of Consolidated unaudited financials Results for the Quarter ended June 30, 2020
			Quarter ended		(₹ in Lakhs except per equity share data)
		30-Jun-20	31-Mar-20	30-Jun-19	Year ended 31-Mar-20
	Particulars	(Unaudited)	(Audited)	(Unaudited)	(Audited)
			(Refer note 2)
1.	Revenue from operations
	a. Interest income	7.699.85	7,351.77	6,509.58	29.759.76
	b. Fees and commission Income	3,371.39	4,413.17	3,862.75	15,052.59
	c. Net gain on fair value changes	170.54	(421.30)	1,369.18	1,218.32
	d. Others Total revenue from operations	12.17	915.85		952.75
	Other Income	11,253.95 182.10	12,259.49	11,741.51	46,983.42
	Total Income	11,436.05	296.43 12,555.92	246,74 11,988.25	1,064.42 48,047.84
2.	Expenses
	a. Finance Costs	5,708.92	3,768.47	5,647.51	19,887.71
	b. Impairment on financial instruments (net)	572.02	78.31	2.86	(942.79)
	c. Employee Benefits Expense d. Depreciation and Amortisation Expense	4,729.54	4,877.46	6,104.29	22,616.01
	e. Other Expenses	478.04 1,504.96	508.32	466.39	2,003.16
	Total Expenses	12,993.47	3,104.08 12,336.64	2.979.34 15,200.39	10,016.42 53.580.51
3.	Profit/ (Loss) before exceptional Items and tax	(1, 557.43)	219.28	(3,212.14)	(5,532.67)
4.	Exceptional Items (Refer note 5)		3,048.76		6,798.76
5.	Profit/(Loss) before tax (3-4)	(1, 557.43)	3,268.04	(3, 212.14)	1,266.09
6.	Tax Expense
	Current tax	192.71	63.02	41.49	270.95
	Deferred tax		698.72	78.25	1.753.58
	Tax Adjustments for earlier years Total Tax Expense	(289.99)	0.95		(830.01)
7.	Net Profit/ (Loss) after tax before share of profit/(loss) of associates and joint	(97.28)	762.69	119.74	1.194.52
	ventures (5-6)	(1,460.15)	2,505.35	(3,331.88)	71.57
8.	Share of profit / (loss) of associates and joint ventures
9.	Net Profit/ (Loss) for the period/year (7+8)
10.	Other Comprehensive Income (OCI)	(1,460.15)	2,505.35	(3,331.88)	71.57
	i. Item that will not be reclassified to profit or loss
	(a) Remeasurement of Defined benefit scheme	(45.81)	39.56	(34.28)	(28.25)
	(b) Change in fair value of equity instruments designated at fair value through OCI		(16.43)		(16.43)
	(c) Deferred tax on above	(0.93)	(4.86)	4.26	5.05
	ii. Items that will be reclassified to profit or loss
	(a) Debt Instruments through OCI (b) Currency exchange difference on translation, net of tax
	(c) Income tax relating to items that will be reclassified to profit or loss	0.93	(36.51)	(6.99)	5.31
	Total Other Comprehensive Income/(Loss)	(45.81)	(18.24)	(37.01)	(34.32)
	Total Comprehensive Income/(Loss) for the period/year	(1,505.96)	2,487.11	(3,368.89)	37.25
	Net Profit/(Loss) for the period/year attributable to
	Owners of the company	(1, 219.71)	2,879.35	(3,088.27)	1,444.61
	Non-controlling interest	(240.44)	(374.00)	(243.62)	(1, 373.04)
	Other Comprehensive Income/ (Loss) for the period/year attributable to
	Owners of the company	(28.30)	(25.64)
	Non-controlling interest	(17.50)	7.40	(30.34) (6.67)	(34.17)
					(0.15)
	Total Comprehensive Income/ (Loss) for the period/year attributable to
	Owners of the company	(1, 248.01)	2,853.71	(3, 118.61)	1,410.44
	Non-controlling interest	(257.95)	(366.60)	(250.29)	(1, 373.19)
11.	Paid-up Equity Share Capital (Face value of ₹1/- Each)
		4,160.33	4,160.33	4,160.33	4,160.33
12.	Other Equity
					58,014.04
	13. Earning Per Share (Face value of ₹1/- Each)
	(i) Basic $(3)$	(0.29)	0.69	(0.80)	0.35
	(i) Diluted $(3)$	(0.29)	0.69	(0.80)	0.35

• Notes The above unaudited consolidated financial results for the quarter ended June 30, 2020 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors ("The Board") at its meeting held on September 14, 2020 and The Statutory Auditors have carried out limited review of the above unaudited consolidated financials results
• The figures for quarter ended March 31, 2020 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up $\mathcal{D}$ to the nine months ended December 31, 2019. The figures up to the end of the nine months period ended December 31, 2019 were subjected to a limited review by the Statutory Auditors of the Company.
• The outbreak of COVID-19 pandemic across the globe and in India has contributed to a significant impact and volatility in the global and Indian financial markets and $\overline{3}$ slowdown in economic activities. The Group has granted moratorium up to six months on the payment of instalments falling due between March 01, 2020 and August 31 2020 to all eligible borrowers based on the Board approved moratorium policy read with the Reserve Bank of India (RBI) guidelines dated March 27, 2020 and May 23, 2020 relating to 'COVID-19 - Regulatory Package' and RBI guidelines on EMI moratorium dated April 17, 2020. For all such accounts, where the moratorium is granted, the asset classification i.e. staging will remain at a standstill during the moratorium period (i.e., the number of days past due shall exclude the moratorium period for the purpose of asset classification as per the policy).

Extension of such moratorium benefit to the borrowers as per the COVID-19 Regulatory Package of the Reserve Bank of India (RBI), by itself, is not considered to result in significant increase in the credit risk as per Ind AS 109 for staging of accounts. The Group has made provisions as per the adopted ECL model for impairment on financial instruments. Further, the Group has considered the moratorium, various other measures taken by Government and regulators and the lack of availability of complete information from the customers (due to the constraints of the lock down and it's removal only in a phased manner) and accordingly have assessed that no further provisioning on account COVID 19 is required at this time in the Statement of Profit and Loss.

Further, the Group's current view is that all other assets of the Group are recoverable. The impact of COVID-19 is dynamic, evolving and uncertain and impact assessment is based on the current situation. The period from June 2020 onwards had also witnessed a lifting (in phases) of the lock down imposed to control the Covid-19 pandemic
Business' have been able to re-start in a limited mann down will be determinable, to a better degree, only post the quarter ended September 30, 2020 i.e. after the clients have reached some state of normalcy or new normal.

The Consolidated Segment Results is attached herewith as per "Annexure 1" $\overline{4}$

uarter and vear ended res 5

Particulars	Quarter ended
	$30 - Jun - 20$	$31-Mar-20$	$30 - Jun-19$	31-Mar-20
Profit/ (Loss) on Sale of Investments in subsidiary companies		(1.73)		(1.73)
Gain on sale of debt trading business		3,050.49		3.050.49
Forfeiture of upfront subscription on share warrants				3.750.00
Total		3,048.76		6.798.76

The unaudited consolidated financial results for the current quarter ended June 30, 2020 are being uploaded on the Company's website viz., www.centrum .co.in. 6 The previous quarter/year's figures have been regrouped/rearranged wherever necessary to conform to current quarter classification. $\overline{7}$

For Centrum Capital Limited pal Singh Bindra Executive Chairman DIN: 00128320

$(F \in \mathsf{I} \text{akhe})$

Capita

numl

Place: Mumbai Date: September 14, 2020

Centrum Capital Limited

Annexure 1

Consolidated Segment Results for the Quarter ended June 30, 2020

	Quarter ended				र In Lakhs Year ended
		June March June			March
Sr. No.	Particulars	30, 2020	31, 2020	30, 2019	31, 2020
		(Unaudited)	(Audited)	(unaudited)	(Audited)
1	Segment revenue [Total income]
	Institutional Business	1,188.77	1,544.24	797.87	3,838.34
	Wealth Management & Distribution	1,929.38	3,711.08	3,816.50	13,930.51
	Housing Finance	1,629.03	1,541.28	1,179.43	5,206.79
	SME/ Micro credit Lending	5,884.86	6,145.24	5,792.30	23,389.93
	Unallocated	2,306.98	1,115.06	1,558.93	9,422.11
	Less : Elimination	(1,685.07)	(1, 797.41)	(1,403.52)	(8,804.26)
	Total Income	11,253.95	12,259.49	11,741.51	46,983.42
$\overline{2}$	Segment Results [Profit/ (Loss) before tax]
	Institutional Business	(171.66)	232.14	(432.09)	(1, 565.04)
	Wealth Management & Distribution	(981.18)	(834.06)	(886.08)	(1,095.46)
	Housing Finance	413.74	(90.00)	61.65	259.84
	SME/ Micro credit Lending	(371.60)	1,358.31	(120.77)	1,623.62
	Unallocated	47.77	(855.64)	(887.94)	(1, 152.36)
	Less : Elimination	(182.92)	(2,068.42)	(260.68)	(573.59)
	Profit / (Loss) before tax	(1, 245.85)	(2, 257.67)	(2, 525.91)	(2, 502.99)
	Less:
	a) Interest expense (Net)	232.16	(2, 556.17)	447.92	2,483.92
	b) Unallocated expenditure (Net)	79.42	79.22	238.31	545.76
	Total Profit before exceptional item and tax	(1, 557.43)	219.28	(3, 212.14)	(5, 532.67)
	Exceptional Items		3,048.76		6,798.76
	Total Profit / (Loss) before tax	(1, 557.43)	3,268.04	(3, 212.14)	1,266.09
3	Segment Assets
	Institutional Business	4,634.87	7,407.03	11,388.85	7,407.03
	Wealth Management & Distribution	22,953.03	24, 343.91	20,624.17	24,343.91
	Housing Finance	65,450.67	61,933.27	37,211.03	61,933.27
	SME/ Micro credit Lending	1,47,741.22	1,57,063.78	1,61,877.18	1,57,063.78
	Unallocated	1,64,425.56	1,69,251.60	1,58,865.12	1,69,251.60
	Less : Elimination	(1, 23, 275.85)	(1, 27, 078.64)	(1,00,682.35)	(1, 27, 078.64)
	Total Assets	2,81,929.50	2,92,920.95	2,89,284.00	2,92,920.95
4	Segment Liabilities
	Institutional Business	2,081.17	2,760.77	3,332.22	2,760.77
	Wealth Management & Distribution	22,523.44	27,596.77	19,901.12	27,596.77
	Housing Finance	26,355.61	23,235.48	19,839.23	23,235.48
	SME/ Micro credit Lending	1,10,712.78	1,21,597.57	1,29,608.86	1,21,597.57
	Unallocated	68,571.00	68,500.16	62,111.44	68,500.16
	Less : Elimination	(28, 617.03)	(32, 473.11)	(21, 297.05)	(32, 473.11)
	Total Liabilities	2,01,626.97	2, 11, 217.64	2,13,495.82	2,11,217.64
5	Capital employed [Segment assets - Segment liabilities]
	Institutional Business	2,553.71	4,646.26	8,056.63	4,646.26
	Wealth Management & Distribution	429.59	(3, 252.86)	723.05	(3, 252.86)
	Housing Finance	39,095.06	38,697.79	17,371.80	38,697.79
	SME/ Micro credit Lending	37,028.43	35,466.21	32,268.32	35,466.21
	Unallocated	95,854.56	1,00,751.44	96,753.68	1,00,751.44
	Less : Elimination	(94, 658, 82)	(94, 605.53)	(79, 385.30)	(94, 605.53)
	Total Capital Employed	80,302.53	81,703.31	75,788.18	81,703.31

Johnd