Mudit Finlease Ltd.

Regd. Office : 2027

TEL : 01

/7, 3rd Ftoor,

Chuna Mandi, Paharganj, New Dethi-110055

-235671 45, 235621 46, E-mait

: mudit_finteaie@rediffmai [. com
Website : www.muditfinteasetom, (ClN - 165993D11 989p1CO35635)
1

Ref. No

Dated.

To

Date: 11th Novembe+ 2076

The Manager
Department of Corporate Services
BSE Ltd.
Dalal Street, Fort

Mumbai - 400

001

Sub.

Outcome of Board Meeting

-:

Scrip Code -: Scrip Code - 531919

Dear Sir

Madarn,

The Board of Directors at their Meeting held on Friday, LLth November,20L6, has considered
and approved the following matters;

1)

The Un-audited financial results for the quarter and half year ended 30ft September 2016. As

per Regulation 33 of Listing Regulations, the Financial Results and Limited Review Report
are enclosed herewith for your records.

2) The shifting of registered office of the Company frorn2027/7,3rd Floor, Chuna Mandi,
Paharganj, New Delhi - 110055 to 17, New Rohtak Road, Karol Bagh, New Delhi-110005
w.e.f. 12tn November, 2016.
Kindly take the same on your records and acknowledge the receipt.

Thanking you,

Yours faithfully,

For

Mudit Finle

Pavel Garg
Managing Director
DIN:00085167

Encl:As above

Mudit Finlease Ltd.

Regd. Office : 202717, 3rd Ftoor, Chuna Mandi, paharganj, New Dethi-110055
TEL : 01 1'235621 45, 235621 46, E-mait : mudit_fintease@rediffmai [. com
Website : www.muditfinlease.com, (ClN - 165993D11 989p1CO35635)

Ref. No.

Dated
STATEMENT OF STANDLONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR
ENDED 3OTI{ SEPTEMBER, 2016

PARTICULARS

3 Months

(Refer Notes Below)

Unaudited

Ended

from operations
(a) Net Sales/Income from Operations
(Net ofexcise duty)

Months
Edded
dited

Months
Ended

IIn,

Months

Months

f,nded
30/09D016

Ended
30t09n015

Unaudited

Unaudited

Accounting
year Ended
31.103D016

Auditrrl

1. Income

/h\

18.89

18.88

675.85

IE.E9

18-88

677.O4

Other Onererino Income

rl incnm.

frAm

1,313.03

t"372.49

37.77

l-314 63

I t7r' 5*

1 n11 a1

1,077.06

123

nneYrlion.

an.t\

Expenses
(a) Cost ofmaterials consumed
(b) Purchases of stock-in-trade
(c) Changes in inventories offinished goods,

553.17

work-in-progress and stock-in-trade

106.78

(d) Employee benefits expense

(e) Depreciation and amortisation expense
(f) Other expenses (Any item exceeding 10olo
expenses relating

37.77

ofthe total

181.06

2t2.07

4.82

5.01

9.83
22.98

22.90

t 1.42

5.54
7.24

rt.23

I 1.56

t4.39

8.37

8.81

10.19

17.18

15 60

39.13
31 87

682.92

49-99

1.299-50

1.383-03

to continuing operations to be

shown senaratelv)

Total Exn
3. Profit / (Loss) from operations before other income,
finance costs and exceDfional items /l -2)

t4 1\

,\ )4

(s 86)

(6.36)

(s.84)

(12.22)

l5 l3

(s.86

(6.36)

(s.84

(t2 22)

l5

(s.86'

(6.36)

(5.84'

(s.86'

(6 36)

(5.84'

(o 52

l9s

(s.34'

(8.15)

(3.66'

(13.6e)

16.5 I

(0.70)

(5 34)

(8.35)

(i.66'

(13.6e)

16.51

(0 70)

(s 34

(8.3 5)

(3.66'

(r3.6e)

16 5t

(0.70'

509 09

509 09
199 29

(8.4s)

Other Income
5.

17 02

Profit / (Loss) from ordinary activities before

ff-"."..^.r.

ohi aw.ah.i^nol

t3

i+a,no /1+1\

Finance costs
7.

t9.28

Profit / (Loss) from ordinary activities after

finance costs but before exceptional items (5-6)
ExceDtional items
Profit / (Loss) from ordinary activities before

tu

(12.22)

15.r3

(10.71)

5.13

(r 0.71)

(7-8)
10. Tax exDense
I

1 Net Profit / (Loss) from ordinary activities after

()

1R'

1R)

t0.01

tax (9-l 0)
12.

Ii

Extraordinarv items (net oftax exoense Rs.

NetProfit / (Loss) for the period (l I t2)

14. Share

NII

ofprofit / (loss) ofassociates

I5 Minoritv
i6.Net Profit / (Loss) after taxes, minority interest
sharc nfnrofit / ll,rsq\ ofrqsociates / l'l -l 4 - I 5\

l7

Paid-up equity share capital

/E--- \r"1,,- i" D"

18.

rnl

D-.

509.09

509.09

509.09

509 09

Rese(e excluding Revaluation Resenes as per

hrbnee qheer nfnrpvi^,rc
vp,r

198.59

198.59

199 29

198 59

1.99.29

Basic

(0.10)
(0.

l0)

(0.16)
(0.16)

(0.07
(0.07

(0.2'1
(0.21

0.32

Diluted

0.32

(0.0
(0.0

(0.

l0)

(0.16)

(0.07

(0.2'7

0.32

(0.01)

0.32

(0.01 )

^.r^,'ntiho

19.i Earnings per share (before extraordinary items)

(ofRs l0/- each) (not annualised):

(a)
(b)

l)
l)

(after extraordinary items)

(olRs.10/- each) (not annualised):

L9.i Earnings per share

(a)

Basic

lb)

Diluled

NOTES

audited fhilrial results have been reviewed by tle audit

held on 11th SepleDrber, 2016

1. Thc above

coMttee

a1d have been approved and

talel

on record by the

Boad of dhectos h

Lheh meeLing

2. INa(orddn(e with lhe requfeorent under Regulation 33 oI the SEBI (LisBlg Obligatiors and Djsclosures Requiremcnls) Regulatioro, 2015 the Statutory Audtors have
Perfomled a limikid rcview of lhc above fhancail Result for the quarter ild half year ended 30th Septcmber , 2016 . There is no Qualification iri the Limited Report issue

ffiWP

for Said Period.

3. Fi8lres fot the Previous periods have bccl regroupod and reclassified, n'herccvcr requled, to make them comparabte wirh figures ofthe cunent periods.

Date: l

lth November,

Place : New f)elhi

2016

Director

DIN:

00085167

Mudit Finlease Ltd.

office : 2027 /7, 3rd Floor, chuna Mandi, paharganj, New Dethi-110055
TEL : 01 1 -235621 45, 235621 46, E-mail : mudit_fintease@rediffmail. com

Regd.

website : www.muditfintease.com, (clN - L65gg3DL1 gggplco35635)

Ref. No.

Dated

UNAUDITED STANDALONE STATEMENT OF'ASSETS AND LIABILITIES AS ON 3OTH SEPTEMBER,2O16

As at

PARTICULARS

A EQUITY AND LIABILITIES

1) Shareholder's Funds
(a) Share Capital
(b) Reserves & Surplus

As at
3U03t2016

(Unaudited)

(Audited)

50,909,000

50,909,000

18,49A,704

Sub-total-Shareholder' funds

69.399.704

70,768.149

2.024.640

Sub-total-Non-current liabilities

734,939
2.024.640
2,759,579
57,202,345

30,702,345

544,620

608,482
77.964

2) Non-current Liabilities
(a) Deferred tax liabilities (Net)
(b) Other Long Term Liabilities

3) Current Liabilities
(a) Short-term borrowings
(b) Trade Payables
(c) Other Current liabilities
(d) Short-term provisions

Sub-total-Current liabilities
CUITY AND LIABILITIES

TOTA
ASSETS
1) Non-current assets
(a) Fixed assets
(b) Long -term loan and advances

2,612,827

31,388.791
L04,769.767

60,632,300

62,597,075
13,588,846

78,417,320

76.185.92t

111

307,214
962,047
25,987,877

assets

3,769,716
45,800,000
1.744.949
s1.566.892

28,583,846

TOTAL ASSETS

t29,984,212

104,769,767

Sub-total-Current

.W
,r-6EDlA
4
F'----

/,hf

88,1 87

77.964
57.824.929
129,984,212

)<)

assets

2) Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Cash equivalents
(d) Shortterm loan and advances
(e) Other current assets

9.859.149

t7,785.020

Sub-total-Non-current

Date : 1lth November,20l6

Place : New Delhi

30t09/2016

!o

iiiiliiili&u,ri\

*'

1.326.708

(Pavel Garg)
aging Director
DrN-00085167

G, K. KEDIA & CO.

CHARTERED ACCOUNTANTS
(lSO 9001 :2008 Certified)

Limited Review Report

To
The Board of Directors

Mudit Finlease Limited

202717 3'd Floor, Chuna Mandi, Paharganj, New Delhi

- 110 055

We have reviewed the accompanying statement of unaudited financial results of "Mudit Finlease
Limited [CIN :L65993DL1989PLC035635] for the Half Year ended 30th September 2016. 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 financiai statements based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE)2400,
Engagements to Review Financial Statements 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 financial statements are free of material misstatement. A review is limited primarily to
inquiries of company personnel and analyticalprocedures 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.
Based on our review conducted as 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
accounting standards and other recognised accounting practices and policies has not disclosed the

information required to be disclosed in terms of Regulation33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or
that it contains any material misstatement.

KEDIA & CO.

Chartered Accountants

For G. K.

Partner

M. No. :536648

Place: New Delhi

Date: I l.ll.2016

Head Office : 914, Naurang House, 21, Kasturba Gandhi Marg, New Delhi-110001 Ph : 46259900 Fax : 43562700
Regd. Office
Chitra Gupta Road, Chuna Mandi, Pahar Ganj, New Delhi-110055 Ph. : 23562244 Fax: 23561200
=204416,
All lndia Toll Free No. : 1800110099 E-mail : mail@gkkediaandco.com Web-site : www.gkkediaandco.com

'