CREATIVE MERCHANTS LIMITED

CIN: L5II0IPB1984PLC005966

60 Vadhawa Complex, Mandi kesar Ganj, Nr. Union Bank of India, Ludhiana-141008

E-mail id: creativemerchants1984@gmail.com Website: www.creativemerchants.co.in

REF.NO: CMl/BSE/16-17/ REG. 30

Date: 14.11.2016

To,

Corporate Relations Department,

The BSE Limited,

P. J. Towers,

Dalal Street, Fort,

Mumbai - 400 001.

Sub: Outcome of Board Meeting held today at 04.00 pm.

Scrip Code: 538504
Dear Sir,
Please 110te that Meeting of Board of Directors of the Company was held today and
conduded at 04.00 pm. The Board of Directors present in quorum took on record and
approved the following:
1. Appointment of M/ s V D Shukla & Co, Chartered Accountant, Ahmedabad as
Statutory Auditor of the Company.

2. Unaudited Financial Results for the quarter and half year ended on
30 th September 2016 along with Limited Review Report.
3. Shifting of Registered from the State of Punjab to the State of Gujarat.

With regards,

CREATIVE MERCHANTS LIMITED

60, Vadhawa Complex, Mandi Kesar Ganj, Nr. Union Bank of India, Ludhiana, Punjab - 141008
Statement of Unaudited Financial Results for Quarter ended on 30.09.2016
(Rs. In Lacs)
Particulars

For the quarter ended

1
la
b

Income from Operations

Net Sales/ Income from operations
Other Operating Income
Total Income from Operations (net)

2
a
b
c
d
e
f

3
4
5

Year to Date

ended

30.09.2016

30.06.2016

30.09.2015

30.09.2016

30.09.2015

31.03.2016

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

1202.354

243.496

1635.420

243.496

0.000

0.000
243.496

0.000

0.000

4104 .710
0.000

1635.420

243.496

4104.710

1202.354

Expenses
Cost of Materials consumed

For the year

5111 .806
0.000
5111.806

I
0.000
1201.333
6.105

Purchase of stock-in-trade
Changes in inventories of finished goods, work-in-progess
and stock-in-trade
Employee benefits expense

0.000
0.000
239.407

0.000
1627.620
0.000

0.000
0.000
239.407

0.000
4090.320
0.000

0.000
5885 .398
-794.036
I

0.300
0.000

0.000

2.640

0.000

0.000
0.000

0.660

Depreciation and amortisation expenses

0.000

0.000

1.282

Other Expenses

1.529

3.356

4.000

3.356

7.030

20.748

Total Expenses
Profit! (Loss) from operations before other income,

1209.267
-6.913

243.423
0.073

1631.620

243.423

4097.350

3.800

0.073

7.360

5116.032
-4.226

finance costs andexece1!tional item~1-21

Other Income
Profitt (Loss) from ordinary activities before finance costs

0.000
-6.913

0.000
0.073

0.198
3.998

0.000
0.073

0.198
7.558

6.560
2.334

0.000

0.000

0.000

0.073

7.558

2. 334

0.000
0.073

0.000
7.558

0.000
2.334

0.000.
0.073

0.000

0.905

7.558

1.428

and exceptional items (3+4)

0.660

II

Finance Cost

0.000

0.000

0.000

Profit/(Loss) from ordinary activities after finance costs

-6.913

0.073

3. 998

8
9

but before exceptional items (5-6)

Exceptional items
Profit / (Loss) from ordinary activities before tax (7+8)

0.000
-6.913

0.000
0.073

0.000
3.998

10

Tax Expenses

0.000

0.000

0.000

11

INet Profitt (LOSS) from ordinary activities after tax (9-10)

-6.913

0.073

3.998

12

Extraordinary items
Net Profitt (Loss) for the period (11-12)
Share of Profit/ (Loss) of associates'
Minority Interest
Net Profit/ (loss) after taxes, minority interest and share

-6.913
0.000
0.000
-6.913
500.000

13
14
15
16

of profitt (loss) of associates 0.3+14+15)

17

Paid-up Equity Share Capital (F. V. of Rs.10/- each)

18

Reserve excluding Revaluation Resereves as per balance

0.000

0.000

0.000

0.000

0.000

0.000

0.073
0.000 1
0.000

o.on

3.998
0.000
0.000
3.998

0.073
0.000
0.000
0.073

7.558
0.000
0.000
7.558

1.428
0.000
0.000
1.428

500.000

500.000

500.000

500.000

500.000

I
13.059

sheet of previous accounting year

19

Net Worth
i Earnings per share (Before and After Extraordinary items)
(a) Basic
b) Diluted

0.015

0.015

0.080

0.Oi5

0.150

0.030

0.015

0.015

0.080

0.015

0.150

0.030

Notes:
1 The Company has only one segment i.e "Trading in various Goods"
. 2 The Figures for previous quarter have been regrouped / recast wherever required, to make them comperable with the figures for current peri od.
3 The Audit and Risk Management Committee reviewed the above results which were approved by the Board of Directors in their Board Meeting held on 14th
Novembre 2016.
4 The Standalone Financial Results for the Quarter ended on 30.09.2016, are awailable at Company's website www.creativemerchants.com
For Creative Merchants Limited
Place: ludhiana
Date: 14.11.2016
-

t:Sh'"
Director

CREATIVE MERCHANTS LIMITED

60, Vadhawa Complex, Mandi Kesar Ganj, Nr. Union Bank of India, Ludhiana, Punjab - 141008
I

STATEMENT OF ASSETS AND LIABILITIES

Year ended
01.04.2016
30.09.2016

Particulars
I

Unaudited

Year ended
01.04.2015
31.03.2016
Audited

I
I

Equity and Liabilities

1 Shareholders' Fund
Share capital
Reserves and surplus
Total shareholders' funds
Share application money pending allotment
2

500.000
6.248
506.248
0.000
0.000

500.000
13.059
513.059
0.000

Long-term borrowings

0.822

Deferred tax liabilities (net)

Other long-term liabilities
Long-term provisions
Total non-current liabilities

0.000
0.000
0.0001
0.822

0.870
0.000
0.000
0.000
0.870

Deferred government grants

Non-cu rrent lia bilities

3
5

Current liabilities

Short-term borrowings

Trade payables
Other current liabilities
Short-term provisions
Total current liabilities
Total equity and liabilities

I,
II Assets
Non-current assets

0.000
1534.072
2.984
0.170
1537.226
2044.296

0.000
1591.671
0.000
1.279
1592.950
2106.879

0.000

0.000

0.000
0.000

0.000
0.000
25.000
0.000

Fixed assets
Tangible assets
Intangible assets under development or
work-in-prQgress
Total fixed assets

(il

(ii)

Non-current investments

25.000

(iii)

Deferred tax assets (net)

0.000
299.164
0.000
324.1641

(v)
(vi)

Long-term loans and advances

Other non-current assets
Total non-current assets
Current assets

Current investments
Trade receivab les
Cash and bank balances
I

II

Short-term loans and advances

Other current assets
Total current assets

~asset5

Date: 14.11.2016
Place: Ludhiana

....., .
~

(JJ
_ .~

368.895
2.565
396.460

0.000

0.000

695.896

941.409

957.275
7.966
54.500
4.495
1720.132
2044.296

759.389
9.366
0.256
0.000
1710.419
2106.879

Inventories

0.000

Fo, ''';" M",h"" Urn;"d

.0>

'2!::Sh.h
Director