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NDL Ventures Limited Earnings Release 2019
63401_rns_2019-05-10_60a0a941-2007-4073-a8a1-d4151a885875.pdf
Earnings Release
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May 10, 2019
Tο BSE Limited Phiroze Jeejeebhoy Towers. Dalal Street, Mumbai-400 001. Company Scrip Code: - 500189 $To$ National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Company Script Code: HINDUJAVEN
Dear Sir/Madam,
SUB: Submission under Regulation 47 of SEBI [Listing Obligations and Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith copy of paper cutting of Business Standard and Sakaal of Friday, May 10, 2019 wherein Extract of Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2019 is published.
Kindly take the same on your records.
Thanking You, Yours Faithfully For Hinduja Ventures Limited
Muray
Hasmukh Shah Company Secretary
Encl: $a/a$
Cin. No.: L51900MH1985PLC036896
Hinduja Ventures Limited : In Centre, 49/50, M.I.D.C., 12th Road, Andheri (E), Mumbai - 400 093. Phone: 6691 0945 / 2824 8379 Fax: 6691 0988 Web: www.hindujaventures.com
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$\sim$
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| Minduja Ventures | Inspiring Growth | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDUJA VENTURES LIMITED | ||||||||||
| CIN: L51900MH1985PLC036896 | ||||||||||
| Regd. Office: InCentre, 49/50, MIDC, 12 th Road, Andheri (E), Mumbai 400 093 Website: www.hindujaventures.com Email ID: [email protected] | (र in Lakh) | |||||||||
| EXTRACT OF THE AUDITED STANDALONE AND CONSOLIDATED FINANCIAL | Standalone | |||||||||
| Quarter Ended | Year Ended | ConsolidatedYear Ended | ||||||||
| S.No. | Particulars | 31" March, 2019 | 31" December, 2018 | 31" March, 2018 | 31" March, 2019 | 31" March, 2018 | 31" March, 2019 | 31" March, 2018 | ||
| (Unaudited) | (Unaudited) | (Refer Note 2) | (Audited) | (Audited) | (Audited) | (Audited) | ||||
| $\mathbf 1$ | Total income from operations (net) | 5,620.50 | 1,015.99 | 8,599.42 | 4,698.69 | 25,355.88 | 71,058.25 | 86,406.08 | ||
| $\overline{2}$ | Net Profit / (Loss) for the period (before Tax, Exceptional and/or Extraordinary items)Net Profit / (Loss) for the period after tax | 3,056.88 | (5,235.40) | 5,904.63 | (7, 164.31) | 16,679.84 | (41, 017.68) | (22, 571.21) | ||
| 3 | Total Comprehensive Income for the period [Comprising Profit / (Loss) for the period | 2,219.79 | (3,505.15) | 2,959.19 | (4,719.78) | 9,705.47 | (34,992.88) | (23, 101.54) | ||
| (after tax) and Other Comprehensive Income (after tax)] | 3,231.13 | 1,125.25 | 11,987.43 | 2,402.61 | 16,845.77 | 1,004.23 | 17,647.85 | |||
| 56 | Equity Share CapitalReserves excluding Revaluation Reserve as per Balance Sheet of previous | 2.055.55 | 2,055.55 | 2,055.55 | 2,055.55 | 2,055.55 | 2,055.55 | 2,055.55 | ||
| accounting year | 194,802.65 | 201,456.44 | 63,314.27 | 88,175.05 | ||||||
| Earnings Per Share (before extraordinary items) (of ₹ 10/- each)- Basic (र) | 10.80 | (17.05) | 14.40 | (22.96) | 47.22 | (170.24) | (112.39) | |||
| - Diluted (र) | 10.80 | (17.05) | 14.40 | (22.96) | 47.22 | (170.24) | (112.39) | |||
| Financial Results for the quarter and year ended March 31, 2019 are available on the Stock Exchange Websites. BSE: www.besindia.com, NSE: www.nseindia.com and on Company website: www.hindujaventures.com.2. The comparative financial information for the corresponding quarter ended 31st March, 2018 is based on the previously issued standalone financial results, prepared in accordance with the accounting standards specified urelevant rules issued thereunder and other accounting principles generally accepted in India (the previous GAAP) and as adjusted for the differences in the accounting principles adopted by the Company on transition to the3 Reconciliation of net profit after tax reported in accordance with the previous GAAP to total comprehensive income reported in accordance with Ind AS is given below for the: | ||||||||||
| Standalone | Net ProfitEquity | Consol idendEquity | ||||||||
| Net Profit Reconcilistion ( | ReconciliationReconciliation | Reconciliation | ||||||||
| Particulars | Quarter Ended31" March 2018 | Year Ended31" March 2018 | Asat31" March 2018 | Year Ended31" March 2018 | As at31" March 2018 | |||||
| Net profit after tax as reported under the previous GAAP | 1.530.05 | 10,410.54 | 107,386.58 | (29, 110.68) | 25,714.52 | |||||
| - Actuarial loss on employee benefits recognized in other comprehensive income- Fair valuation of investments through profit and loss | 1.481,952.01 | 8.453,402.25 | 122,883.32 | (73.73)4,902.03 | 108,679.34 | |||||
| - Accounting for common control business combination - net (also refer Note 4 above) | 1,451.86 | (2,802.70) | ||||||||
| Net impact of marked to market of forward contractIncome on STB installation deferred over chum period | 2.11 | 56.90 | (95.77)(5,742.44) | 381.87(25, 403.05) | ||||||
| Straightlining of subscription fees | 410.00 | 410.00 | ||||||||
| Expected Credit Loss | $\tilde{\phantom{a}}$ | 1,526.89 | (4,040.09) | |||||||
| Others (Property, plant and equipment at deemed cost, processing fee amortisation, fair valuation of securitydeposit, etc) | (131.80) | 660.21 | ||||||||
| - Tax impact on above | (1,369.97) | (26,757.91) | 5,213.96 | (20, 174.20) | ||||||
| Net Profit as per Ind ASOther comprehensive income (net of tax) | 2,959.1911,987.43 | 9,705.4716,845.77 | 203,511.99 | (23, 101.54)17,647.85 | 86,228.60 | |||||
| Total comprehensive income / Equity as per Ind AS | 14,946.62 | 26,551.24 | 203,511.99 | (5,453.69) | 86,228.60 | |||||
| This reconciliation statement has been provided in accordance with CIR/CFD/FAC/62/2016 issued by SEBI dated July 5, 2016 on account of implementation of Ind AS by listed company. | ||||||||||
| For Hinduja Ventures Limited | ||||||||||
| Ashok MansukhaniManaging Director | ||||||||||
| Place: MumbaiDate: May 09, 2019 |
(In) HINDUIA GROUP
गुपुरु
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| HINDUJA VENTURES LIMITEDCIN: L51900MH1985PLC036896Regd. Office: lnCentre, 49/50, MIDC, 12th Road, Andheri (E), Mumbai 400 0931 Website: www.hindujaventures.com I Email ID: [email protected]<br>(f In Lakh) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Standalone | Consolidated | ||||||||||||
| S.No. | Particulars | Quarter Ended | Year Ended | Year Ended | |||||||||
| 31" March, 2019 | 31" December, 2018 | 31" Mardi, 2018 | 31" March, 2019 | 31" March, 2018 | 31" Mardi, 2019 | 31" March, 2018 | |||||||
| (Unaudited) | (Unaudited) | (Refer Nott 2) | (Audited} | (Audited) | (Audited} | (Audited) | |||||||
| 12 | Total income from operations (net)Net Profit I (Loss) for the period (before Tax, Exceptional and/or Extraordinary Items) | 5,620.503,056.88. | 1,015.99 | 8,599.42 | 4,698.69(7,164.31) | 25,355.8816,679.84 | 71,058.25(41,017.68) | 86,406.08(22,571.21) | |||||
| 3 | Net Profit I (Loss) for the period after tax | 2,219.79 | (5,235.40){3,505.15) | 5,904.632,959.19 | (4,719.78) | 9,705.47 | {34,992.88) | {23,101.54) | |||||
| 4 | Total Comprehensive Income for the period [Comprising Profit / (Loss) for the period | ||||||||||||
| (after tax) and Other Comprehensive Income (after tax)] | 3,231.13 | 1,125.25 | 11,987.43 | 2,402.61 | 16,845.TT | 1,004.23 | 17,647.85 | ||||||
| 5 | Equity Share Capita! | 2,055.55 | 2,055.55 | 2,055.55 | 2,055.55 | 2,055.55 | 2,055.55 | 2,055.55 | |||||
| 6 | Reserves excluding Rewluation Reserve as per Balance Sheet of previousaccounting year | - | - | - | 194,802.65 | 201,456.44 | 63,314.27 | 88,175.05 | |||||
| 7 | Earnings Per Share (before extraordinary Items) (off 10/-each) | ||||||||||||
| -Basic(f) | 10.80 | (17.05) | 14.40 | (22.96) | 47.22 | (170.24) | (112.39) | ||||||
| -Diluted� | 10.80 | (17.05) | 14.40 | (22.96) | 47.22 | (170.24) | (112.39) | ||||||
| Notes:1. The above is an extract of the detailed format of the Financial Results for the quarter and year ended March 31, 2019 filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of theFinancial Results for the quarter and year,ended March 31, 2019 are available on the Stock Exchange Websites. BSE: www.besindia.com, NSE: www.nseindia.com and on Company website: www.hindujaventuras.com.2. The comparative financial information for the corresponding quarter ended 31st March, 2018 is based on the previously issued standalone financial results, prepared in acco!dance with the accounting standards specified under Section 133 of the Act, read with therelevant rules issued thereunder and other accounting principles generally accepted in India (the previous GMP) and as adjusted for the differences in the accounting principles adopted by the Company on transition to the IND AS.,----------------------r-------------.3 Reconciliation of netprofitafter tax reported in accordance with the previous GAAPto total comprehensive income reported In accordance with Ind AS is given belowforthe:StandaloneConsolidated | |||||||||||||
| Net Profit Reconclliatlon | EquityReconclflatlon | Net ProfitReconclliation | EquityReconclllatlon | ||||||||||
| Particulars | Quarter Ended31"March 2018 | Year Ended31" March 2018 | Asal31"Mardl 2018 | Year Ended31"Man:h 2018 | Asat31"Mardl 2018 | ||||||||
| Net profit after tax as reported under the previous GAAP | 1,530.05 | 10,410.54 | 107,386.58 | (29,110.68) | 25,714.52 | ||||||||
| -Actuarial loss on employee benefits recognized in other comprehensive income | 1.48 | 8.45 | - | (73.73) | |||||||||
| -Fair valuation of investments through profit and loss-Accounting for common control business combination - net (also refer Note 4 above) | 1,952.011,451.86 | 3,402.25(2,802.70) | 122,883.32- | 4,902.03 | 108,679.34 | ||||||||
| -Net impact of mari <ed contract<="" forward="" mari<et="" of="" td="" to="">2.1156.90-(95.77)381.87 | 2.11 | 56.90 | - | (95.77) | 381.87 | ||||||||
| - Income on STB installation deferred over chum period | -- | - | (5,742.44) | (25,403.05) | |||||||||
| -StraighUining of subscription fees | -- | - | 410.00 | 410.00 | |||||||||
| -Expected Credij Loss-Others (Property, plant and equipment at deemed cost, processing fee amortisation, fair valuation of security | 1,526.89 | (4,040.09) | |||||||||||
| deposit, etc) | - | - | - | (131.80) | 660.21 | ||||||||
| - Tax impact on above | (1,978.32) | (1,369.97) | (26,757.91) | 5,213.96 | (20,174.20) | ||||||||
| Net Profit as per Ind AS | 2,959.19 | 9,705.47 | 203,511.99- | (23,101.54) | 86,228.60 | ||||||||
| Other comprehensive income (net of tax)Total comprehensive Income/ Equity as per Ind AS | 11,987.4314,946.62 | 16,845.TT26,551.24 | 203,511.99 | 17,647.85(5,453.69) | 86,228.60 | ||||||||
| This reconciliation statement has been provided in accordance with CIR/CFD/FAC/62/2016 issued by SE Bi dated July 5, 2016 on account of implementation of Ind AS by listed company. | |||||||||||||
| For Hlnduja Ventures Limited | |||||||||||||
| Ashok Mansukhani |
Managing Director
Place: Mumbai Date: May 09, 2019