ARTECH POWER & TRADING LIMITED

(Formerly known as Artech Power Products Limited)

(CIN : L51505MH1989PLC284728)
Reg. Off. : 101-104, 1st Floor, Tower A, Peninsula Corporate Park, G. K. Road, Lower Parel west mumbai Mumbai-400013.
Un-Audited Financial Results for the Quarter & Half Year Ended 30th September, 2016
PART I

(Rs. in Lakhs except for Share Data)

Half Year Ended

Quarter Ended
Sr.
No.
1

Particulars

30.09.2016

30.06.2016

30.09.2015

30.09.2016

30.09.2015

31.3.2016

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Income From Operations

(a) Net Sales/Income from Operations

(b) Other operating Income

77.39

515.85

Total Income (a+b)

2

Year Ended

438.46

Expenditure
a. Increase/decrease in stock in trade and work in progress

b. Consumption of raw materials

3.01

9.64

3.86

12.65

5.16

19.81

g. Other expenditure

2.08

3.28

3.89

5.36

10.05

27.27

Total Expenses

5.09

12.92

7.75

18.01

15.21

473.43

(5.09)

(12.92)

(7.75)

(18.01)

(15.21)

42.42

77.38

77.38

c. Change in inventories of finished goods. work-in-Progress and

stock-in-trade
d. Employee Benefits expenses
e. Depreciation

Profit / Loss from Operations before Other Income, Inrest

and Exceptional Items (1-2)

Other Income

Profit before Intrest and Exceptional Items (3+4)

Intrest

Profit after Intrest but before Exceptional Items (5-6)

Exceptional Items

Profit (+) / Loss (-) from ordinary activities before Tax (7+8)

10

Tax Expenses

Net Profit (+) / Loss (-) from Ordinary activities after Tax (911
10)
12 Extraordinary Items (Net of Tax)

426.35

(5.09)

(12.92)

69.63

(18.01)

62.17

42.42

(5.09)

(12.92)

69.63

(18.01)

62.17

(5.09)

(12.92)

69.63

(18.01)

62.17

42.42

0.98

(5.09)

(12.92)

69.63

(18.01)

62.17

41.44

42.42
-

13

Net Profit (+) / Loss (-) for the period (11-12)

(5.09)

(12.92)

69.63

(18.01)

62.17

41.44

14

Share of profit/loss of Associates

15

Minority Interest

(5.09)

(12.92)

69.63

(18.01)

62.17

41.44

1,483.87

1,483.87

1,483.87

1,483.87

1,483.87

1,483.87

Net Profit (+) / Loss (-) after taxes, minority interst and shre
16
of Profit / Loss of associates (13+14+15)
17 Paid-up Equity Share Capital (Face Value Rs.10/- Each)
Reserve excluding Revaluation Reserves as per balance sheet of
18
previous year

(0.03)

(0.09)

0.47

(0.12)

0.42

0.28

(0.03)

(0.09)

0.47

(0.12)

0.42

0.28

1,464.30

19.i Earnings Per Share (EPS) (before extra ordinary items)

Basic & Diluted
19.ii Earnings Per Share (EPS) (after extra ordinary items)
Basic & Diluted
Note:
1
2

The above result have been reviewed by the audit committee and taken on record by the Board of Directors at their meeting held on 11/11/2016. The
Statutory Auditor of the company has carried out the Limited Review of the above results.
The previous period figures have been regrouped wherever necessary.
For, Artech Power & Trading Limited

Sd/Place : Ahmedabad
Date : 11/11/2016

Abhishek Jain
(Managing Director)
(DIN: 07271912)

ARTECH POWER & TRADING LIMITED

(Formerly known as Artech Power Products Limited)
(CIN : L51505MH1989PLC284728)
Reg. Off. : 101-104, 1st Floor, Tower A, Peninsula Corporate Park, G. K. Road, Lower Parel west mumbai Mumbai-400013.

Statement of Assets & Liabilities as at 30th September, 2016

(Amount in Rs.)
Particulars

EQUITY AND LIABILITIES

Shareholders' Funds :
(a) Share Capital
(b) Reserves and Surplus
(c ) Money received against share warrants
Sub Total - Shareholders Fund (a+b+c)

Share application money pending allotment

Minority interest*

Non-Current Liabilities

Unaudited

Audited

AS AT 30.09.2016

AS AT 31.03.2016

148,387,150

148,387,150

(3,823,110)

(1,956,735)

144,564,040

146,430,415

(a) Long Term borrowings

-

(b) Deferred tax liabilities (net)

(c) Other long term liabilities

(d) Long term provisions

Sub Total Non-Current Liabilities

Current liabilities
(a) Short term borrowings
1,151,929

44,618,185

(c) Other current liabilities

346,111

395,035

(d) Short term provisions

109,070

169,470

1,607,110

45,182,690

146,171,150

191,613,105

101,346,161

148,384,517

101,346,161

148,384,517

(a) Current investment

(b) Inventories

44,722,791

44,722,791

(d) Cash and cash equivalents

77,198

(2,512,962)

(e) Short term loans and advances

25,000

(b) Trade payables

Sub Total Current Liabilities

TOTAL EQUITY AND LIABILITIS

ASSETS

Non-Current assets
(a) Fixed assets
(b) Goodwill on consolidation *
(c) Non current investments
(d) Deferred tax assets (net)
(e) Long term loans and advances
(f) Other non-current assets
Sub Total Non-Current Assets

Current assets

(c) Trade receivables

(f) Other current assets

Sub Total Current Assets
TOTAL - ASSETS

Place : Ahmedabad
Date : 11/11/2016

25,000

993,759

44,824,989

43,228,588

146,171,150

191,613,105

For, Artech Power & Trading Limited

Sd/Abhishek Jain
(Managing Director)
(DIN: 07271912)

VISHVES A. SHAH & CO.

Chartered Accountants
316, Abhishek Plaza, B/tr. Navgujarat College,
Income tax, Ahmedabad - 380014
Ph. +91 9825471182,+9193777 7t182
E-Mail : vishvesca@gmail.com

Limited Review Report

Review Report to ARTECH POWER & TRSDING LIMITED
(Formerly known as Artech Power Products Limited)
(CIN : L5 1 50sMH1 989PL C2847 28')

Artech Power
Limited)
for the
Power
Products
& Trading Limited (Formerly known as Artech
quarter enO"a 30d' September, 2016.This statement is. responsibility of the Company's
Management and has been approved by the Board of Directors/ Committee of Board of
Directors. Our responsibility is to issue a report on these financial statements based on our
We have reviewed the accompanying statement of unaudited financial results of

review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400,
Engagement to Review Financial Statements issued by the Institute of Chtrtered 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 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 other recognised accounting practices and policies has not disclosed
the information required to disclosed in terms of Regulation 33 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.

Date

: 1lfr November,20L6
Place : Ahmedabad

For, Vishves A. Shah & Co.

Chartered Accountants

M. No. 109944