Financial Results, Limited Review Report For December 31, 2015 (Result)

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

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

(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

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

(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
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

Financial Results, Limited Review Report For December 31, 2015 (Result)

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Financial Results, Limited Review Report For December 31, 2015 (Result)

Uploaded by

Copyright:

Available Formats

GLOBUS CORPOORATION LIMITED

(Previously Know as Karuna Cables Limited)

(Code No. 531904)

Dr. Mahendra Shah

GLOBUS CORPOORATION LIMITED

STATEMENT OF UNAUDITED RESULT FOR THE QUARTER ENDED 31.12.2015

Income from 0 erations

Total income from operations (net)

Nine Month Ended

Cost of materials consumed

Changes in inventories of finished goods,

Employee benefits expense

Depreciation and amortisation

Reserves excluding Revaluation Reserves

GLOBUS CORPOORATION LIMITED

Know as Karuna Cables Limited)

Earnings per share (before extraordinary

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

Earnings per share (after extraordinary

items) of Rs. 2/-each(not

notes to the financial

figures for current

figures for the

2 Promoters and Promoter

promoter and promoter group)

promoter and promoter group)

Pending at the beginning of the auarter

Received during the quarter

Disposed of during the auarter

GLOBUS CORPOORATION LIMITED

wise Revenue, Results and Capital Employed,

Less: Inter segment revenue

Net sales / Income From Operations

Nine Month Ended

Dr. Mahendra Shah

GLOBUS CORPOORATION LIMITED

Know as Karuna Cables Limited)

OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER, 2015

EQUITY AND LIABILITIES

2. NON CURRENT LIABILITIES

TOTAL EQUITY AND LIABILITIES

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

SANDIP V.DOSHI &: CO.

LIMITED REVIEW REPORT

RE: GLOBUS CORPOORATION LIMITED

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

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

You might also like