Regd.

Off:
Shop No. 26, Meera Co.-Op. Hsg Soc.,
New Link Road, Near Oshlwara Pollee
Station, Andheri (West), Mumbai - 400053
AXON VENTURES LIMITED Tel: 022 - 65368222
(Formerly Axon Finance Limited) Email: axoninfotechltd@gmail.com
CIN : L65999MH1982PLCO27945 Website: www.axoninfotech.in

Date: 04/02/2017

To,
The Bombay Stock Exchange Ltd
Corporate Relationship Dept,
l it Floor, New Trading Ring,
Rotunda Building, P. J. Towers,
Dalai Street, Fort, Mumbai 400 001

Ref: BSE Scrip Code: 505506

Sub: Outcome of Board Meeting

This is to inform that 08/2016-17 meeting of the Board of Directors of the Company was
held on Saturday, 4 th February, 2017 at E-109, Crystal Plaza, New Link Road, Andheri (West),
Mumbai 400053 at 11:00 A.M. and concluded at 2:30 P.M. The Board considered and
approved the following:

1. Standalone Unaudited Financial Results for the Quarter ended 31 st

December, 2016
along with Limited Review Report on the same.

2. The Board took the note of Compliance done under LODR, Regulation 2015 for the
quarter ended 31.12.2016.

3. The Board took the note of minutes of the previous meetings of Board and
committees held prior the date of today's meeting.

Kindly acknowledge the Receipt.

Thanking You

Yours Faithfully
For Axon Ventures Limited

tc-[
Prajna Naik
[Company Secretary]

Encl: a/a.
 2/4/2017 UFR - 31.122016 - AXON VENTURE.hhnl

General information about company

Scrip code
505506
Name of company
Axon Venture Ltd
Result Type
Main Format
Class of security
Equity
Date of start of financial year
01-04-2016
Date of end of financial year
31-03-2017
Date of board meeting when results were approved
04-02-2017
Date on which prior intimation of the meeting for considering financial
results was informed to the exchange 25-01-2017
Description of presentation currency
INR
Level of rounding used in financial results
Lakhs
Reporting Quarter
Third quarter
Nature of report standalone or consolidated
Standalone
Whether results are audited or unaudited
Unaudited
Segment Reporting
Multi segment
Description of single segment

For AXON VENTURES LIMITED

Director / Authorised Signatory

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Previous 3 Year to date Previous

Corresponding 3 Year to date
3 months figures for accounting
months months ended in the figures for current
Particulars ended (dd- previous period year ended
ended (dd- previous year (dd- period ended (dd-
mm -YYYY) ended (dd-mm- (dd-mm-
mm-YYYY) mm -YYYY) mm-YYYY)
YYYY) YYYY)
j

Date of start of 01-10-

01-07-2016
c_i r L i

01-10-2015 01-04-2016 01-04-2015 01-04-2015

reporting period 2016

Date of end of reporting 31-12-

30-09-2016 31-12-2015 31-12-2016 31-12-2015 31-03-2016
period 2016

Whether results are

Unaudited Unaudited Unaudited Unaudited Unaudited Audited
audited or unaudited

Nature of report
=__J

standalone or Standalone Standalone Standalone Standalone Standalone Standalone

consolidated

Part 1

Revenue From Operations

Net sales or Revenue

0 122.127 -17.45 313.747 119.8 488 247
from Operations

Other operating
14.366 15.098 0 48.312 0 41.589
revenues

Total Revenue from

14.366 137.225 -17.45 362.059 119.8 529.836
operations (net)

2 Expenses

Cost of materials
(a) 0 0 0 0 0 0
consumed

Purchases of stock-in-
(b) 0 150.011 -12.9 341.611 7.03 437.211
trade

Changes in inventories
of finished goods,
(c) 5.687 1.057 20.54 13.58 142.74 69.311
work-in-progress and
stock-in-trade

Employee benefit
(d) 2.893 2.437 2.34 8.161 7.89 15.144
expense

(e)
Depreciation and 0,017
0.016 0 0.049 0 0
amortisation expense

(0 Other Expenses

I Other Expenditure 1.919 2.042 2.11 7.161 5.49 8.977

2 Listing Fee 0 0 0 2 2 0
Total other expenses 1.919 2.042 231 9.161 7.49 8.977
Total expenses 10.516

\i
155.563

For AXON NTURES

si LIMITED
12.09 372.562 165.15 530.643

Director Authorised Signatory

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Quarterly & Half Yearly Financial Result by Companies Other than Banks
Year to date Year to date Previous
Previous 3 Corresponding 3
3 months figures for figures for accounting
months months ended in
Particulars ended (dd- current period previous period year ended
ended (dd- the previous year
mm-YYYY) ended (dd-mm- ended (dd-mm- (dd-mm-
mm -YYYY) (dd-mm-yyyy)
YYYY) yyyy) YYYY)
Date of start of reporting 01-10- 01-07-
01-10-2015 01-04-2016 01-04-2015 01-04-2015
period 2016 2016
Date of end of reporting 31-12- 30-09-
r' l 2 _1

31-12-2015 31-12-2016 31-12-2015 31-03-2016

period 2016 2016
Whether results are audited
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
or unaudited
Nature of report
Standalone Standalone Standalone Standalone Standalone Standalone
standalone or consolidated
Part I
Profit (loss) from
3 operations before other
3.85 -18.338 -29.54 -10.503 -45.35 -0.807
income, finance costs and
exceptional items
4 Other income 0.019 0.031 0.02 0.067 0.03 0 131
Profit (loss) from
5 ordinary activates before
3.869 -18.307 -29.52 -10.436 -45.32 -0.676
finance costs and
exceptional items
6 Finance costs 0 0 0 0 -0.08 0
Profit (loss) from
7 ordinary activities after
3.869 -18.307 -29.52 -10.436 -45.24 -0.676
finance costs but before
exceptional items
Prior period items before
8 0 0 0 0 0 0
tax
9 Exceptional items 0 0 0 0 0 0
Profit (loss) from
10 ordinary activities before 3.869 -18.307 -29.52 -10.436 -45.24 -0.676
tax
11 Tax Expense 0 0 0 0 1.61 0.02
Net profit (loss) from
12 ordinary activities after 3.869 -18.307 -29.52 -10.436 -46.85 -0.696
tax
13 Extraordinary items 0 0 0 0 0 0
Net Profit Loss for the
14 period from continuing 3.869 -18.307 -29.52 -10.436 -46.85 -0.696
operations
Profit (loss) from
15 discontinuing operations 0 0 0 0 0 ()
before tax

16 Tax expense of 0 0 0 0 0 0
discontinuing operations
Net profit (loss) from
17 discontinuing operation 0 0 0 0 0 0
after tax
Profit (loss) for period
18 3.869 -18.307 -29.52 -10.436 -46.85 -0.696
before minority interest
Net Profit (loss) after
taxes minority interest
21 3.869 -18.307 -29.52 -10.436 -46.85 -0.696
and share of profit (loss)
of associates

)t \ii
For AXON VENURES LIMITED

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Director /A t orised Signatory

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Previous 3 Corresponding 3 Year to date figures Year to date figures

3 months Previous
Particulars months months ended in the for current period for previous period
ended (dd- accounting
ended (dd- previous year (dd- ended (dd-mm- ended (dd-mm-
mm-YYYY) year ended
mm -YYYY) mm-YYYV) TYYY) my) (dd-mm-yyyy)
Date of start of 01-10-
A 01-07-2016
reporting period 2016 01-10-2015 01-04-2016 01-04-2015 01-04-2015

Date of end of 31-12-

B 30-09-2016 31-12-2015
reporting period 2016 31-12-2016 31-12-2015 31-03-2016

Whether results
C are audited or Unaudited Unaudited Unaudited Unaudited Unaudited Audited
unaudited

Nature of report
D standalone or Standalone Standalone Standalone Standalone Standalone Standalone
consolidated

Part 1

22 Details of equity share capital

Paid-up equity
764 764 764 764
share capital 764 764

Face value of
equity share 10 10 10 10 10 10
capital

23 Details of debt securities

Reserves
24 excluding
0 0 0
revaluation 0 0 551.703
reserve

26 Earnings per share

Earnings per
share before
I extraordinary
items

Basic earnings
per share before
0.051 -0.24 -0.39 -0.137
extraordinary -0.61 -0.009
items

Diluted earnings
per share before
0.051 -0.24 -0.39 -0.137
extraordinary -0.61 -0.009
items

ii Earnings per share after extraordinary items

Basic earnings
per share after
0.051 -0.24 -0.39 -0.137
extraordinary -0.61 -0.009
items

Diluted earnings
per share after
0.051 -0.24 -0.39 -0.137
extraordinary -0.61 -0.009
items

Disclosure of
30 notes on Textual Information(1)
financial results

For AXON VE TURES LIMITED

Director I A horised Signatory

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Text Block

I) The above financial results for the quarter ended 31 December ,2016 have been reviewed by the
Audit Committeee and approved by the Board of Directors at its meeting held on 4th Februay, 2017
and reveiwed by Statutory Auditors.

2) The figure for the previous quarter/year have been re-grouped/re-classified/re-stated wherever
necessary.

3) Investor Complaints for the quarter ended 31/12/2016. Opening- 0, received- 0, Resolved- 0,
Closing -0.

Textual Information(1) 4) The result is availaible on our website www.axoninfotech. in and on BSE website
www.bseindia.com

5) The Company operates in two Business Segment i.e. Comodity Trading noisiness and Finance
Business Activities. Business segment has been identified as separable primary segment in
accordance with Accounting Standard 17 'Segment Reporting as prescribed under Companies
(Accounting Standards) Rules, 2006, taking into Account the organisational and internal reporting
structure as well as evaluation of risk and return of this segments.

(6) Provision for Taxation, if any, will be made at the end of the Financial Year and hence not
provided on quarterly basis.

For AXON VEN URES LIMITED

Director / Aut orised Signatory

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Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Year to date
3 months Previous
months
3 Corresponding 3 Year to date
months ended in the figures for current figures for Previous accounting
Particulars ended (dd- ended (dd- previous year (dd- period ended (dd- previous period year ended (dd-mm-
mm-YYYY) mm-YYYY) ended (dd-mm- yyyy)
mm-YYYY) mm-YYYY) YYYY)
Date of start of 01-10- 01-07-2016 01-10-2015 01-04-2016
reporting period 2016 01-04-2015 01-04-2015
Date of end of 31-12- 30-09-2016 31-12-2015 31-12-2016
reporting period 2016 31-12-2015 31-03-2016
Whether accounts are Unaudited Unaudited Unaudited
audited or unaudited Unaudited Unaudited Audited
Nature of report
standalone or Standalone Standalone Standalone Standalone Standalone Standalone
consolidated
I Segment Revenue ( ncome)
(net sale/income from each segment should be disclosed)
1 Commodities 0 122.127 -29.95 313.747
Trading Business -29.95 370.247
JI

Finance Business 14.366 15.098 12.5 48.312 149.75 118

3 Other Income 0.019 0.031 0.02 0.067 0.03 0
Total Segment 14.385 137.256 -17.43
Revenue 362.126 119.83 488.247
Less: Inter
segment revenue
Revenue from 14.385 137.256 -17.43 362.126
Operations 119.83 488.247
Segment Result
J.

Profit (+) / Loss (-) before tax and interest from each segment
1 Trading Commodities 0 -27.884 -0.44 -27.864
Business -0.44 1.72
LJ.

Finance Business 8.679 14.041 -24.64 34.732 -29.53 20.734

3 Other Income 0 0 0 0 0 0
Total Profit before 8.679 -13.843
tax -25.08 6.868 -29.97 22.454
i. Finance cost 0 0 0 0 0 0
ii. Other
Unallocable
Expenditure net 4.81 4.464 4.44 17.304 15.35 23.13
off Unallocable
income
Profit before tax 3.869 -18.307 -29.52 -10.436 -45.32 -0.675999999999998
3 Capital Employed
(Segment Asset - Segment Liabilities)
1 Commodities 5.654 5.936 0 5.654 0 0
Trading Business
2 Finance Business 1299.613 1295.463 1269.55 1299.613 1269.55 1315.724
3 Other Income 0 0 0 0 0 0
Total Capital 1305.267 1301.399 1269.55
Employed 1305.267 1269.55 1315.724
Disclosure of notes
on segments
Or urs.L iL IMITED
TUT

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Director Authorised Signatory

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For Ayr 41/r-

D i rect o :

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 omKH & CD.
10J CHARTERED ACCOUNTANTS

The Board of Directors,

Axon Ventures Limited,

(Formerly known as Axon Finance Limited)

Shop No. 26, Meera Co-op Hsg Soc,

Near Oshiwara Poilce Station,

Andheri (W), Mumbai- 400053

Re: Limited Review of the Financial Result for the quarter ended 31't December 2016.

We have reviewed the accompanying statement of unaudited financial results of Axon Ventures Limited
(Formerly known as Axon Finance Limited) for the Quarter and period ended 31st December 2016. This
statement is the responsibility of the Company's Management and has been approved by the Board of
Director. Our responsibility is to issue a report on these financial statements based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
"Review of Interim Review 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 financial statements are 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 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 specified under section 133 of companies Act, 2013, Read with Rule 7 of the
companies (Accounts) Rules,2014 and other recognized accounting practices and policies has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligation and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be
disclosed, or that it contains any material misstatement.

For DMKH & Co.

~==t"""ldpredAccountants
~~1Q.;I~886W

Place: Mumbai
Date: 04th February 2017

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