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GLOBUS CORPOORATION LIMITED

(Previously Know as Karuna Cables Limited)


CIN : L33115MH1984PLC121000

Date: 09.02.2016
To,
The-Dy, General Manager,
Bombay Stock Exchange Ltd,
Corporate Relationship Dept.,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001.

Sir,'
Sub: Outcome of the Board Meeting held on 09th February. 2016.
Ref: Globus Corpooration

Limited

(Code No. 531904)

In the meeting of the Board of Directors held on February 09th 2016, Board discussed
and.approved the following:
1. Adoption of Unaudited quarterly results (provisional) for the quarter ended 31st
December, 2015.
2. Limited Review Report for the period ended 31st December, 2015.
Kindly take the same on record.
Tha,[lking You,
Yours Faithfully
For GI~ation

Limited

Dr. Mahendra Shah


Director
Din NO.01650375
Encl: As above
CC:
To,
National Stock Exchange of India Ltd.

Registered Office: 102, Sanjay Chambers, Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-23873609
Email: mumbai@globuscorp.co
Works ;.102A, S. V Co-op., Industrial Estate, IDA Baliaram, Jinnaram (M), Medak, Dist. A. P Pin: 502325.

Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously Know as Karuna Cables Limited)
CIN : L33115MH1984PLC121000

STATEMENT OF UNAUDITED RESULT FOR THE QUARTER ENDED 31.12.2015


Quarter ended

Particulars

Income from 0 erations


Net sales/income from operations
Net of Excise Dut
(b) Other operating income

(a)

Total income from operations (net)


2

(Rs. In lacs)
Year Ended

Nine Month Ended

3 Months
ended
31.12.2015

Preceding 3
Months ended
30.09.2015

Corresponding 3
Months ended
31.12.2014 in the
previous year

Vearto date
figures for current
year ended
31.12.2015

Year to date
figures for the
previous period
ended 31.12.2014

31st March,
2015

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

0.00

0.00

1.15

0.00

11.97

15.30

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1.15

0.00

11.97

15.30

Expenses
(a)

Cost of materials consumed

0.00

0.00

0.00

0.00

0.00

0.00

(b)

Purchases of stock-in-trade

0.00

0.00

1.16

0.00

1.16

1.16

0.00

0.00

(0.25)

0.00

10.23

13.85

8.47

7.30

23.18

23.18

29.59

33.09

0.00

0.00

0.00

0.00

0.00

29.61

4.69

2.76

4.54

16.32

299.51

309.72

13.16

10.06

28.63

39.50

340.49

387.43

-13.16

-10.06

-27.48

-39.50

-328.52

-372.13

0.00

0.01

0.00

0.01

0.40

0.64

-13.16

-10.05

-27.48

-39.49

-328.12

-371.49

0.00

. 0.00

0.01

0.00

6.11

6.12

-13.16

-10.05

-27.49

-39.49

-334.23

-377.61

0.00

0.00

0.00

0.00

0.00

0.00

-13.16

-10.05

-27.49

-39.49

-334.23

-377.61

0.00

0.00

0.00

0.00

0.00

0.00

(13.16)

(10.05)

(27.49)

(39.49)

(334.23)

(377.61)

0.00

0.00

0.00

0.00

0.00

0.00

-13.16

-10.05

-27.49

-39.49

-334.23

-377.61

1277.18

1274.82

1274.82

1277.18

1274.82

1274.82

0.00

0.00

0.00

0.00

0.00

0.00

(c)

Changes in inventories of finished goods,


work-in-progress and stock- in- trade

(d)

Employee benefits expense

(e)

Depreciation and amortisation


ex ense Refer note
(f) Other expenseslnnv item exceeding
10% of the total expenses relating to
continuing operations to be shown

Total Expenses
3

4
5

6
7

8
9
10
11
12
13

Exceptional items
Profit / (Loss) from ordinary activities
before tax 7-8
Tax Expense - Current Tax
Net Profit / (Loss) from ordinary activities
after tax 9-10
Extraordinary items (net of tax expense)
Net Profit / (Loss) for the period (11 - 12)

14

15

Reserves excluding Revaluation Reserves


as per balance sheet of previous
ac a n in
r

ForlX.OlU8~L1D
~

Mg. DIr_1

Directol

Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorp.co
Works:

102A, S. V. Co-op., Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502325.

Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously

Know as Karuna Cables Limited)

CIN : L33115MH1984PLC121000

16

Earnings per share (before extraordinary

items) of Rs. 2/-each (not annualised):

16

Rs.

(a) Basic

-0.D2

-0.01

-0.04

-0.06

-0.52

-0.59

(b) Diluted

-0.02

-0.01

-0.04

-0.06

-0.52

-0.59

(a) ~sic

-0.02

-0.01

-0.04

-0.06

-0.52

-0.59

(b) Diluted

-0.02

-0.01

-0.04

-0.06

-0.52

-0.59

Earnings per share (after extraordinary

ii

items) of Rs. 2/-each(not

See accompanying

annualised):

Rs.

notes to the financial

results

IRs. In lacs)
Quarter

3 Months
Particulars

ended
Corresponding

Preceding 3

ended

Months

31.12.2015

Months

ended

ended

31.12.2014

30.09.2015

, .,

Nine Month

in the

, .,

, .,

ended

Year Ended

Year to date

Year to date

figures for current

figures for the

year ended
111m ~

previous

31st March,
2015

period
14

, .,

, .,

53324325

55492325

, .,

A PARTICULARS OF SHAREHOLDING
Public Share holding
1
Number of Shares

53324325

Percentage of Shareholding

2 Promoters and Promoter


a)

53324325

83.50

55492325

83.50

83.50

86.90

55492325

86.90

86.90

Group Shareholding

Pledged/Encumbered

Nil

Nil

Nil

Nil

Nil

Nil

Number of Shares
Percentage of Shares(as a % of

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

the-total shareholding

of

promoter and promoter group)


Percentage ot Shares(as a % ot
the total share capital of
the company)
b)

Non-encumbered
Number of Shares
Percentage ot Sharestas a % ot
the total shareholding

10534675

10534675

8366675

10534675

8366675

8366675

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

13.10%

16.50%

13.10%

13.10%

of

promoter and promoter group)


ercen age or or arestas a /0 0
the !otal share capital of
the company)

..

I
B

16.50%

16.50%

I
Particulars

3 months

ended 31.12.2015

Pending at the beginning of the auarter

Nil

Received during the quarter

Nil

Disposed of during the auarter


Remaining unresolved at the end of the

Nil

quarter

Nil

Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorp.co
Works:

102A, S. V. Co-op., Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502325.

Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously Know as Karuna Cables Limited)
CIN : L33115MH1984PLC121000

Reporting

0/ Segment

wise Revenue, Results and Capital Employed,


0/ the listing Agreement

under Clause 4J
(Rs. In lacs)

Particulars

3 Months
ended
31.12.2015

Unaudited
1

Segment Revenue
a Manufacturing
b Trading
c Un-allocated
Total

Corresponding
Preceding 3
3 Months
Months
ended
ended

31.12.2014 in

30.09.2015

the previous

Unaudited

Unaudited

YearInded

Year to date
figures for

Year to date
figures for the

current year

previous

ended

period ended

31.12.2015

31.12.2014

Unaudited

Unaudited

31st March,
2015

Audited

0.00
0.00

0.00
0.00

0.00
1.15

0.00
0.00

0.00
11.97

0.00
15.30

0.00

0.00

1.15

0.00

11.97

15.30

Less: Inter segment revenue

0.00

0.00

0.00

0.00

0.00

0.00

Net sales / Income From Operations

0.00

0.00

1.15

0.00

11.97

15.30

0.00
-13.16

0.00
-10.05

-23.20
-4.28

0.00
-39.49

-26.25
-301.87

-50.96
-320.53

-13.16

-10.05

-27.48

-39.49

-328.12

-371.49

0.00

0.00

0.00

0.00

-6.11

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.44

-13.16

-10.05

-27.48

-39.49

-334.23

-371.05

-201.16
114.19

-201.16
127.35

(53.27)
96.84

(201.16)
114.19

(53.27)
96.84

(86.20)
44.38

5.66

5.66

43.57

-41.82

Segment Results
(Profit (+)/Loss(-) before tax and
interest from each segment
a Manufacturing
b Trading
Total
Less: i) Interest
ii)Other unallocable expenditure
Add: iii) Un-allocable income
Total Profit / (loss) Before Tax

Nine Month Ended

Quarter ended

Capital Employed
(Segment assets-segment liabilities)
a Manufacturing
b Trading
c Un-allocated

5.66

Total
-81.31
-68.15
43.57
-81.31
Notes:
1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at
Jheir meeting held on 9th February, 2016.
2. The Company has Two Segment as per Accounting Standard - 17 of ICAI.

3. During the period call in arrrears of Rs. 2,36,250/- on 1,57,500 Equity shares of Rs. 2/- each (Partly Paid-up for Rs.0.50/- each)
has been received, and accordingly total 63859000 equity shares of Rs. 2/- each stands fully paid-up as on 31.12.2015.
4. Previous periods figures have been regrouped, where ever required.
5

FO't:"

Depreciation in the Fixed Assets are provided at the year end, as the manufacturing activity was closed
during the year.

Pla~: Mumbai
Date: 09.02.2016

,,<10"

"d.

Dr. Mahendra Shah


Mg. Director

Registered Office: 102. Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-23873609
Email: mumbai@globuscorp.co
Works:

102A, S. V. Co-op .. Industrial Estate. IDA Baliaram. Jinnaram (M). Medak. Dist. A. P. Pin: 502 325. Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously

Know as Karuna Cables Limited)

CIN : L33115MH1984PLC121000

STATEMENT

.~
A

OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER, 2015


(Rs.in lacs)
As at 31.03.2015
Audited
RS.

As at 31.12.2015
Unaudited

PARTICULARS

EQUITY AND LIABILITIES


1. SHAREHOLDER'S FUND
1.1 Share Capital
1.2 Reserves & Surplus
Sub Total

1,277.18
(1,141.12)
136.06

1,274.82
-1,101.63
173.19

..

2. NON CURRENT LIABILITIES


2.1 Long Term Borrowings
2.2 Other Long Liabilities

360.10
61.43
421.53

360.10
25.44
385.54

41.48
Sub Total

40.06
81.54

41.33
34.79
76.12

TOTAL EQUITY AND LIABILITIES

639.13

634.85

200.19
0.16
215.01
415.36

197.09
0.16
215.01
412.26

Sub Total
3. CURRENT LIABILITIES
3.1 Trade Payables
3.2 Short Term Provisions

B ASSETS
5. NON CUREENT ASSETS
5.1 Fixed Assets
5.1.1 Tangible Assets
!Y.2Non Current Investments
5.3 Deferred Tax Assets (Net)
Sub Total
6. CURRENT ASSETS
6.1 Inventories
6.2 Trade Receivables
6.3 Cash and Cash Equivalents
6.4 Short Term Loans & Advances
Sub Total

147.69
4.74
71.34
223.77

148.04
3.35
71.20
222.59

TOTAL ASSETS

639.13

. 634.85

FerGl.OllUlYTlON
~.

LTD

OIreetDr'Di'ectal

Registered Office: 102, Sanjay Chambers, Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-23873609
Email: mumbai@globuscorp.co
Works:

"102A, S. V. Co-op., Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502 325. Ph.: 09394204555

F,," Re,d. No. , 115175W

(~

Email: sandipdoshi99@yahoo.co.inBComF.CA

Sandlp V. Doshi

SANDIP V.DOSHI &: CO.

_w_eb_s_ite_:_www_._sa_n_di_pv_do_s_hi_an_d_co_.c_o_m
__

M_:_+_91_-_
9_82_0_'8_0_10_'
99

CHARTERED ACCOUNTANTS

LIMITED REVIEW REPORT


TO WHOMSOEVER IT MAY CONCERN

RE: GLOBUS CORPOORATION LIMITED


We have reviewed the accompanying statement of unaudited financial results of Globus
Corpooration
Limited for the period ended 31st December, 2015. This statement is the
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
statemel1ts based on our review.
I

We conducted our review in accordance with the Standard on Review ~ngagement (SRE) 2400,
Engagements to Review Financial Statements 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 and other recognised accounting practices and policies has
not disclosed the information required to be disclosed in terms of Clause 41 of the Listing
Agreement including the manner in which it is to be disclosed, or that it contains any material
misstatement.
FOR SANDIP V. DOSHI & CO.
Chartered Accountant

Place: Mumbai
Date: 09.02.2016

Mumbai Off. : Off. No. 23, 3rd floor, 241-243,


Maharaja Bldg.,Opp. St. Teresa Church, Girgam,
Mumbai - 400 004. Tel. : +91- 22- 2380 4002

~.v.~.
(SANDIP V. DOSHI)
Proprietor M. No.: 048949

Kandivali Off. : G -1, Jyoti Plaza, 'P\ wing,


Gr. Floor, S.v.Road, Kandivali (West),
Mumbai - 400067 . M. : +91-9930280054