Vaarad Ventures Limited

Regd Office:- 6 Lalwani Industrial Estate,14 G. D. Ambekar Road, Mumbai 400 031. Tel No:022-24117080 Fax No:022-24117085
CIN NO.: L65990MH1993PLC074306 Email-cs.dept@vaaradventures.com Website : www.varaad.com
UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2015

(Rs. In Lacs)

Quarter Ended
Particulars

30.09.2015

Sr.No
1

3
4
5
6
7
8
9
10
11
12
13
14
15
16

PART I
(a) Net Sales/Income from Operations
(b) Other Operating Income
(i) Business Centre Services
(ii) Interest
(iii) other operating income
Total Income
Expenditure
a. Employees Benefit Expense
b. Depreciation & Amortisation Expense
c. Other Expense
Total Expenses
Profit from Operations before Other Income, Finance cost and Exceptional Items (1-2)
Other Income
Profit from ordinary activities before Finance cost and Exceptional Items(3+4)
Finance Cost
Profit from ordinary activities after Finance costs but before Exceptional Items(5-6)
Exceptional items
Profit (+)/ Loss (-) from Ordinary Activities before tax (7+8)
Tax Expense
Net Profit (+)/ Loss (-) from Ordinary Activities After Tax(9-10)
Extraordinary Item
Net Profit(+)/ Loss(-) for the period (11-12)
Paid-up Equity Share Capital (Face Value - Re 1 per Share)
Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year
Earnings Per Share (EPS) after extraordinary Items(not annualised)
Basic and Diluted Earning Per Share (in Rs)
PART II Select Information for theQuarter and Half year Ended 30th September,2015

Half Year Ended

30.06.2015

Unaudited
-

30.09.2014
3.72
3.72

30.9.2015

Year Ended

30.9.2014

Unaudited
-

7.16
7.16

31.03.2015
Audited
-

0.69
1.05
1.93
3.67
(3.67)

0.65
1.05
3.45
5.15
(5.15)

0.17
1.04
4.62
5.83
(2.11)

1.34
2.10
5.38
8.82
(8.82)

0.49
2.08
7.10
9.67
(2.51)

1.64
4.19
13.53
19.36
(19.36)

(3.67)
(3.67)
(3.67)
(0.16)
(3.51)
(3.51)
2,499.03

0.20
(4.95)
0.02
(4.97)
(4.97)
0.38
(5.35)
(5.35)
2,499.03

1.41
(0.70)
0.06
(0.76)
0.01
(0.75)
(0.36)
(0.39)
(0.39)
2,499.03

0.20
(8.62)
0.02
(8.64)
(8.64)
0.22
(8.86)
(8.86)
2,499.03

1.41
(1.10)
0.14
(1.24)
0.01
(1.25)
(0.26)
(0.99)
(0.99)
2,499.03

0.53
(18.83)
0.78
(19.61)
(19.61)
0.22
(19.83)
(19.83)
2,499.03

(0.001)

(0.002)

(0.000)

(0.004)

(0.000)

(0.008)

71,989,310
28.81%

71,989,310
28.81%

34,200,130
13.69%

71,989,310
28.81%

34,200,130
13.69%

71,989,310
28.81%

NIL
NIL

NIL
NIL

NIL
NIL

NIL
NIL

NIL
NIL

NIL
NIL

NIL

NIL

NIL

NIL

NIL

NIL

177,913,690 177,913,690
100%
100%

215,702,870
100%

177,913,690
100%

86.31%

71.19%

PARTICULARS OF SHAREHOLDING

1 Public Shareholding

- No. of shares of Re 1 each

- Percentage of shareholding
Promoters and Promoter Group Shareholding
a) Pledged/Encumbered
- Number of Equity Shares of Re 1 each
- Percentage of shares (as a % of the total shareholding of

promoter and promoter group)

- Percentage of shares (as a % of the total share capital of the Company)

b) Non-encumbered
- Number of Equity Shares of Re 1 each
- Percentage of shares (as a % of the total shareholding of promoter and promoter group)
- Percentage of shares (as a % of the total share capital of the Company)

71.19%

71.19%

215,702,870 177,913,690
100%
100%

INVESTORS COMPLAINTS STATUS

Pending at the beginning of the quarter:Nil

Received during the quarter:6

Disposed of during the quarter:6

Remaining during the quarter:Nil

86.31%

71.19%

STATEMENT OF ASSETS AND LIABILITIES AS ON ENDED 30TH SEPTMEBER,2015

Particulars
A
1

Shareholders funds
(a) Share capital
(b) Reserves and surplus
(c) Money received against share warrants
Share application money pending allotment

(Audited)

2,499.03
464.08
-

2,499.03
472.94
-

Non-current liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long-term liabilities
(d) Long-term provisions

548.55
-

544.85
-

Current liabilities
(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions

73.91
13.61
7.14

74.29
10.98
7.14

3,606.32

3,609.23

12.59
-

14.69
-

2,795.55
0.32
748.16

2,795.55
0.54
746.05
-

34.23
1.29
14.18

34.23
1.88
16.28

3,606.32

3,609.23

Non-current assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development
(v) Fixed assets held for sale
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets

(Unaudited)

TOTAL
1

31.03.2015

EQUITY AND LIABILITIES

30.9.2015

Current assets
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets

TOTAL

Notes :
1) The Company's activity falls within a single business segment i.e investment. Hence segmentwise reporting in terms of
Accounting Standard 17 Segment Reporting is not applicable.
2) The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors at its meeting held on 7th November, 2015.
The Statutory Auditors of the Company have carried out a Limited Review of the Results for the quarter and half year ended on September 30, 2015 in accordance with clause 41 of the Listing Agreement.
3) Tax Expenses is inclusive of Curent Tax, Deffered Tax and Minimum Alternative Tax (MAT) Credit.Deferred tax stands corrected as on 30.9.15.
4) Previous period/year figures are re-grouped/re-classified wherever considered necessary to the confirm to current period classification.
5) In the absence of profit the Company did not declare any dividend for the year 2014-2015 at the Annual General Meeting held on 30th September 2015
On behalf of the Board

Place : Mumbai
Date:7th November 2015

sd/Managing Director
Mr. Vickram Dosshi