Omega Interactive Technologies Ltd. — Interim / Quarterly Report 2020

Aug 12, 2020

12th August, 2020

"FO; BSE Limited Corporate Relations Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400 001

Sub: Outcome of Board Meeting held on 12 August, 2020

Re ecurity Code No. 511644 Security ID: OMEGAIN

Dear Sir/Ma'am,

Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the Board of Directors of the Company at its meeting held on 12 August, 2020 has:

Considered and approved the Unaudited Financial Results of the Company for the Quarter ended 30%June, 2020. The Statutory Auditors have carried out Limited Audit Review for the said Quarter.

An extract of the Unaudited Financial Results along with Limited Review Report for the Quarter ended 30 June, 2020 is enclosed herewith.

The meeting of the Board of Directors commenced at 6.30 P.M. and concluded at 7.15 P.M.

Kindly take a note of the same and acknowledge.

Thanking you,

Yours faithfully,

For Omega Interactive Technologies Limited ee *

Shonette Misquitta \s ae ) Company Secretary and Compliance Officer QW i M. No.: A57825 «A

Encl: as above

Sir P.M. Road, Fort Fax : 66261617

Mumbai — 400001 Email : contact @dsaca.co.in

Website: www.dsaca.co.in

Limited Review report on quarterly unaudited financial results of Omega Interactive Technologies Limited pursuant to the regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To The Board of Directors Omega Interactive Technologies Limited

We have reviewed the accompanying statement of unaudited financial results of Omega Interactive Technologies Limited ('the Company') for the quarter ended June 30, 2020 ('the Statement') attached herewith, being submitted by the Company pursuant to the requirement of Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, as amended ("Listing Regulations"). This statement is the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial results based on our review.

We conducted our review in accordance with the Standard on Review Engagement (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 provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review, conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards prescribed under section 133 of Companies Act 2013 read with rules issued thereunder and other recognised accounting practices and policies 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 ("Listing Regulations") including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Desai Saksena & Associates Chartered Accountants F.R. No. 102358W SHASHANK Sesiuie sRoions NARENDRA _oesai ate: 20200812 DESAI tases290330 Dr. S.N. Desai Partner M. No.032546 UDIN: 20032546AAAABI7617 Place : Mumbai, Date : 12'" August, 2020

Statement of Urr-Audited Financial Results for the Quarter ended 30th June, 2020

		—
		OMEGA
		INTERACTIVE
		TECHNOLOGIES LIMITED
		L 67120MH1994PLC077214
	Statement of Urr-Audited Financial Results for
7		the Quarter ended 30th June, 2020
2					(Amount in INR)
	Particulars	30/6/2020	Quarter Ended	31/3/2020 30/6/2019 31/3/2020	Year Ended
2 T	[income	(Wn audited)		(Audited) — Tun audited)	(Audited)
	2) Revenue fram aperations 1 Other income	:	1,250,000		1,650,000
	otal income (a+b)	352,740 152,740	134/17 _1388,717	_162.678 162,678	617,828 2,267,878
2	expenses 2) Employee benefits expense	72,680	309,660]	234,176]	1,246,260
	) Other expanses Hotal Expenses (arb)	105,685 328,365	176,669 496,333]	38.786	923,173
	3. [Profit (Loss) Before Tax(1-2)	[275,625]	902,368]	-272,962[ {110,284	2,168,333 98,495
4	FTaxexpense (0 Current Tax	-	24,800	:	24,800
	{i Excess provision for Tax of earier period vuritten back	:	-		20)
	Hota! Tax Expanse (i) [Profit / (Loss) for the period 5-4]	= (275,625	3800 677,58	=	24770
6	Other Comprehensive income			(20,287)	73,725
	{i) items that will no be reclassified to statement of Profit and Loss	:	-		-
	{Wl income tax relating to items that wll not be recessified 10 statement of Profit and loss		-		-
	{ii Items that will be reclassified to statement of profit and loss	-	*
	{iv Income tax relating to Items that wil be ractassfiee to statement of Profi and loss				-
	comprehensive income (net of ta) (Hii) 7. [Total Other	"	- :	i	"
8.	[Total Comprehensive income for the period (517) ichenetang ecsine forthe partoe)	(175,625)	87588}	(110283)	—73,725
	9. Paid-up Equity Share Capital - Face Value of Rs. 107. Bach io Reserves Excluding Revaluation Reserve as per balance sheet of	5,000,000]	5,000,000]		5,000,000 — 5,000,000 Fomiee

Notes: 1 The above financial results for the quarter ended 30th June, 2020 have been reviewed by the Audit Committee and subsequently 'approved by the Board of Directors in their respective meeting held on 12th August, 2020. The statutory auditors of the Company have conducted limited review of these financial results, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2045.

²The company is engaged in the business of software services including development of softwares and therefore there is only one reportable operating segment. Hence, disclosures required by indian Accounting Standard - 208 "Operating Segment" is nat applicable to the Company, 3° The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act,2013 read with Rule 3 of the Companies (indian Accounting Standards] Rules,2015 and relevant amendments.

⁴There has been no significant impact on the operations and financial position of the Company on account af the outbreak of the COVID- 19 pandemic and the consequential lock-down restrictions imposed by the Government. 5 The figures of the quarter ended 31st March, 2020 are the balancing figures between audited figures forthe full financial year and

unaudited published year to date figures upto the third quarter of the respective financial year. & Figures of previous periods/years' have been regrouped /rearranged, wherever considered necessary.

Krishan Kumar Rathi sy Place : Mumbai Managing Director af, Dated : 12th August , 2020 DIN: 00456064 {

For Omega Interactive Technologies Limited

Regd. off.: 402, 4th Floor, Vaastu Darshan, 'B' Wing, Azad Road, Andheri (E), Mumbai - 400 069. Tel.: 6555 5215, E-mail : omegainteractive.technologies@gmail.com