MERCHANTS LIMITED

12, Waterloo Street, Kolkata-700069, Tel: 91-33-22485923, Fax: 91 -33-22484665

ErnaiI - info@navketanrnerchants.corn~Website: www.navketanmerchants.com
February 11,2016

To
The Manager
Department of Corporate Services
Bombay Stock Exchange Ltd.
Dalal Street, Fort
Mumbai - 400 001

Sub:

Reg. 33 - Unaudited financial results for the quarter ended December 31,2015.

Ref. - Scrip Code - 539525

Dear SirIMadam,
We are pleased to inform you that the Board of Directors at their meeting held on llth
February, 2016
have taken inter alia the following decision:To approve the Unaudited Financial Results of the Company for the Quarter and nine months ended 31''
December, 2015 in the prescribed format in terms of requirement of Regulation 33 of SEBl (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
The Financial Results and Limited Review Report are enclosed herewith for your record.

Kindly take the same on record and acknowledge the receipt.

Thanking you,
Yours faithfully,
For Navketan Merchants Limited

NAVKETAN MERCHANTS LIMITED

Regd. Office : 12, Waterloo Street, Kolkata-700069

C M : L51909WB1994PLC062027, Email - info@navketanmerchants.com
Statement o f Unaudited Financial Results for the Quarter and Nine Months ended 31st December 2015

Particulars

3 months
ended
31/12/2015

(Unaudited)
1.lncome from Operations
(a) Net Sales/ Income from Operatio~w
(Net of Excise Duty)
(b) Other Operating Income
Total Income from Operations (Net)
2.Expenses
(a) Cost of materials consumed
@) Purchase of stock m trade

(c ) Change in inventories of finished

goods work in progress and stock-m trade
(d) Employee benefits expense
(e ) Depreciation and amortisatio~iexpense
(f ) Listing Expenses
(g) Other Expense (Any item exceeding
10%of the total expawes relating to
continuing operations to be shown
.
separately)
Total Expenses
3. Profit/ (Loss) from operations before
other income finance costs and
exceptional items (1-2)
4. Other Income
5. Profit/ (Loss) from ordinaly activities
before finance costs and exceptional
items (3 f 4)
6. Finance Costs
7. Profit/ (Loss) from ordinary activities
after finance costs but before exceptional
items (5 f 6)
8. Exceptional items
9. Profit/ (Loss) from ordinary activities
before tax (7 f 8)
10. Tax Expense
11.Net Profit/ (Loss) from ordinary
activities after tax (9 + 10)
12. Extraordinary ltems (Net of tax
expense )
13. Net Profit/ (Loss) for the peroid (11 f
12)
14. Paid-up Equity Share Capital (face
value of the share Rs 101- each)
15. Reserve excluding revaluation reserves
as per balance sheet of previous
accounting year

Preceding 3 Corresponding 3 Year to date

figure for
months
months ended in
the previous year current period
ended
3l/l2/2014
31/12/2015
30/09/2015
(Unaudited)

(Unaudited)

(Unaudited)

(Rs in lacs except per share data)

Year to date
Previous year ended
figures for the
31/03/2015
previous year
ended 3l/l2/2014
(Unaudited)

(Audited)

19.31
0.00
19.31

27.83
0.00
27.83

47.30
0.00
47.30

74.45
0.00
74.45

407.01
0.00
407.01

1035.16
0.00
1035.16

0.00
0.00

0.00
0.00

0.00
0.00

0.00
16.12

0.00
50.63

0.00
53.69

13.90
1.54

20.27
2.13

42.26
2.50

38.51
5.41

330.64
8.00

952.68
10.44

0.11
2.52

0.11
0.00

0.13
0.00

0.34
2.52

0.42
0.00

0.53
0.00

1.03
19.10

1.07
23.58

1.93
46.81

2.91
65.80

11.30
400.99

13.83
1031.17

0.21
0.00

4.24
0.00

0.49
0.00

8.65
0.00

6.02
0.14

3.99
0.14

0.21
0.00

4.24
0.00

0.49
0.00

8.65
0 00

6.16
0.00

4.12
0.00

0.21
0.00

4.24
0.00

0.49
0.00

8.65
0.00

6.16
0.00

4.12
0.00

0.21
0.10

4.24
I .34

0.49
0.15

8.65
2.69

6.16
1.89

4.12
1.27

0.11

2.91

0.34

5.96

4.27

2.85

0.00

0.00

0.00

0.00

0.00

0.00

0.11

2.91

0.34

5.96

4.27

2.85

3606.21

3606.21

3606.21

3606.21

3606.21

3606.21

-.

732.20

16.i.Earning per share (before

extraordinary items) (Face value of

lo/-each) (not h ~ u a l i s e d ) :
(a) Basic
@) Diluted
16. ii. Eanling per share (after
extraordinary items) (Face value of
lo/-each) (not Annualised):
(a) Basic
@) Diluted

Rs
0.0003
0.0003

0.0081
0.0081

0.0009
0.0009

0.0165
0.0165

0.0118
0.0118

0.0079
0.0079

0.0003
0.0003

0.0081
0.0081

0.0009
0.0009

0.0165
0.0165

0.0118
0.0118

0.0079
0.0079

Rs

Notes :
1 Segmental Report for the Quarter as per AS- 17 1s not applicable

2. The above results were rewewed by Audit Committee and approved by the Board of D~rectorsat the~rrespect~verneet~ngsheld on I Ith February, 2Ol6
3. The Auditors ofthe Company have carr~edout " L ~ r n ~ t eRev~ew"
d
ofthe above financial results
4. Previous year 'slper~od's figure have been regroupedlrearranged, wherever required

Place: Kolkata
Date: 11/02/2016

By Order of the Board

For Navketan Merchants Ltd.

For Nav'ehn Merchanb Limited

w -LAm
Omprakash Lahoti

Managing Dirwaeft'ng ~ i r e c t o r
DIN:02864453

GORA & CO
Chartered Accoun tants
8/2, K 5 Roy Rood,
2nd Floor, Room No 2& 3,
Kolkata 700001

Date: llth
February, 2016

LIMITED REVIEW REPORT

We have reviewed the accompanying statement of unaudited financial results of Navketan Merchants
Limited for the quarter and nine months period ended 31'' December, 2015. 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 statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, 'Review
of Interim Financial I n f o h a t i o n 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
t o obtain moderate assurance as t o whether the financial statements are free from material
misstatements. 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 notice that causes us to believe that
the accompanying statement of unaudited financial results prepared in accordance with accounting
standards and other recognized accounting practices and policies has not disclosed the information
required to be disclosed in terms of Regulation 33 of the SEBl ( Listing Obligations and Disclosure
Requirements) Regulations, 2015 including the manner in which it is t o be disclosed, or that it contains
any material misstatement.

For GORA & CO

Chartered Accountants
Firm Reg. No. 327183E

Gora Chand
Partner
Membership No. 017630
Place: Kolkata
February 2016
Date: llth