Creative Eye Ltd. — Interim / Quarterly Report 2020

Feb 4, 2020

CREATIVE EYE LIMITED

4th February, 2020.

The DCS-CRD The DCS - CRD

Bombay Stock Exchange Limited Pheeroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai 400 001

Bandra Kurla Complex, Mumbai 400 051 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No - C Block, G Block,

Sub: Outcome of Board Meeting held on today i.e. 4th February, 2020.

Ref: BSE Scrip Code: 532392 & NSE Scrip Code: CREATIVEYE

Dear Sir/ Madam,

This is to inform you that the Board of Directors of the company at their Meeting held today i.e. Tuesday.d'" February,2020 commence at 11.30 a.m. and concluded at 3.15 p.m. inter-alia considered and approved the un-audited Financial Results of the Company for the quarter and Nine months ended 31st December, 2019.

Please find enclosed herewith the following:

• 1 Approved Standalone Unaudited Financial Results of the company for the quarter and Nine months ended 31st December, 2019.
• 2 Limited review report issued by the Statutory Auditors of the Company for the Period ended 31st December, 2019.

Kindly take the same on your record, and acknowledge the receipt of the same.

Thanking you,

Encl: As above

CREATIVE EYE LIMITED

(CIN: L99999MH1986PLC125721)

Registered Office: "Kailash Plaza", Plot No.12-A, New Link Road, Andheri (W), Mumbai-400 053

Tel. No. 2673 26 13 (7 Lines) Fax: 2673 22 96 I Website: www.creativeeye.com, E-mail- contact@creativeeye.com

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31-12-2019

(~IN LACS)
	Sr. Particulars	Quarter Ended			Nine Months Ended		Year Ended
No.		31/12/2019	30/09/2019	31/12/2018	31/12/2019	31/12/2018	31/03/2019
		Un-Audited	Un-Audited	Un-Audited	Un-Audited	Un-Audited	Audited
1	Revenue from operations	245.60	985.87	959.39	1,710.85	2,021.36	2,892.66
	2 Other Income	22.79	22.39	24.58	66.38	66.66	89.60
3	Total Revenue (1+2)	268.39	1,008.26	983.97	1,777.23	2,088.02	2,982.26
	4 Expenses
	a) Cost of production/materialsconsumed	187.92	682.92	704.24	1,530.86	2, 123.71	2,817.08
	b) Purchases of Stock-in-Trade	0.00	0.00	0.00	0.00	0.00	0.00
	of finished goods, work-In-progressc) Changes in inventories
	and Stock-in-Trade (Increase) I Decrease	135.60	187.73	211.80	123.66	(110.58)	134.13
	d) Employee benefits expense	42.09	42.33	40.09	127.14	117.10	167.12
	e) Finance costs	15.80	9.93	17.16	34.19	50.70	66.32
	f) Depreciation and amortizationexpense	3.89	3.95	5.61	11.72	16.77	22.26
	g) Other Expenses	87.21	78.52	68.37	247.25	194.50	272.29
	Total Expenses	472.51	1,005.38	1,047.27	2,074.82	2,392.20	3,479.20
	and extraordinary items and tax (35 Profit/(Loss)before exceptional
	4)	(204.12)	2.88	(63.30)	(297.59)	(304.18)	(496.94)
	6 Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00
7	items and tax (5-6)Profit/(Loss)before extraordinary	(204.12)	2.88	(63.30)	(297.59)	(304.18)	(496.94)
8	Extraordinaryitems	0.00	0.00	0.00	0.00	0.00	0.00
9	Profit before tax (7-8)	(204.12)	2.88	(63.30)	(297.59)	(304.18)	(496.94)
	10 Tax Expenses :
	Current tax	0.00	0.00	0.00	0.00	0.00	0.00
	Deferred tax	0.00	0.00	0.00	0.00	0.00	0.00
	Ti!x adjustment of MAT	0.00	0.00	0.00	0.00	0.00	0.00
	After tax for the period (9-10)11 Profit/(Loss)	(204.12)	2.88	(63.30)	(297.59)	(304.18)	(496.94)
	12 Other ComprehensiveIncome (OCI)	6.38	1.83	0.96	2.49	12.44	10.30
	Income for the period (11+12)13 Total Comprehenslve	(197.74)	4.71	(62.34)	(295.10)	(291.74)	(486.64)
	14 Paid-up Equity Share Capital	1,002.91	1,002.91	1,002.91	1,002.91	1,002.91	1,002.91
	15 Other Equity						1,844.23
	16 Earning Per Share- (~ 51· each)
	i) Basic:	(1.02)	0.01	(0.32)	(1.48)	(1.52)	(2.48)
	ii) Diluted:	(1.02)	0.01	(0.32)	(1.48)	(1.52)	(2.48)

Notes:

1 The above un-audited financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 04.02.2020 and a limited review has been carried out by the statutory auditors of the company.

2 The Company operates in a single business segment namely " T.V. Content Production".

3 The figures have been rounded off I re-arranged I re-stated wherever necessary. I

~ W-.rTIVE YE LIMIT £Y€~ ~ ,.,-- ....... ~ ;::. I' "\ ;'. . fl : rm-{ MUMBAI) ~~~ ) ,n• ~~--__.I Dated : 04.02.2020 ~airman & Managing Dir -.,A Place : Mumbai DIN: 00018094 -

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CHARTERED ACCOUNTANTS

Regulations, 2015, as amended Independent Auditor's Review Report on the Quarterly and Year to Date UnaudirJ«r'rihan~~~FAisultHbrfilARH Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Review Report to The Board of Directors Creative Eye Limited

• 1. We have reviewed the accompanying statement of unaudited financial results of Creative Eye Limited (the "Company") for the quarter and nine months ended December 31, 2019 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the regulation') as amended (the "Listing Regulation").
• 1. The preparation of the Statement in accordance with the recognition and measurement principles laid down in India Accounting Standard 34, ("Ind AS 34") "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, read with the Circular is the responsibility of the Company's management and has been approved by the Board of Directors of the Company. Our responsibility is to express a conclusion 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 company personnel and analytical procedures applied to financial data and thus provides 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 above, 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 applicable Indian Accounting Standards ("Ind AS") specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of the Regulation, read with the Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Gan~~ For NGS & Co. LLP. Chartered Accountants Firm Registration No. : 119850W

Partner Membership No. 046669 Mumbai February 4, 2020 uo1N:2.oOLjbb6':r AAAA-C L 0£65

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