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    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    The Board of Directors of Upsurge Investment & Finance Ltd met on August 3, 2016 to approve the unaudited financial results for the quarter ended June 30, 2016. The results were reviewed by the company's auditors. Key highlights from the results include a net profit of Rs. 7.49 crore for the quarter, compared to a net profit of Rs. 8.28 crore in the same period last year. Earnings per share for the quarter stood at Rs. 0.13. The results have been submitted to the Bombay Stock Exchange and reviewed by the auditors with no issues noted.

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    © All Rights Reserved
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    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    13 views3 pages
    The Board of Directors of Upsurge Investment & Finance Ltd met on August 3, 2016 to approve the unaudited financial results for the quarter ended June 30, 2016. The results were reviewed by the company's auditors. Key highlights from the results include a net profit of Rs. 7.49 crore for the quarter, compared to a net profit of Rs. 8.28 crore in the same period last year. Earnings per share for the quarter stood at Rs. 0.13. The results have been submitted to the Bombay Stock Exchange and reviewed by the auditors with no issues noted.

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    Standalone Financial Results, Limited Review Report for June 30, 2016 [Result]

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    The Board of Directors of Upsurge Investment & Finance Ltd met on August 3, 2016 to approve the unaudited financial results for the quarter ended June 30, 2016. The results were reviewed by the company's auditors. Key highlights from the results include a net profit of Rs. 7.49 crore for the quarter, compared to a net profit of Rs. 8.28 crore in the same period last year. Earnings per share for the quarter stood at Rs. 0.13. The results have been submitted to the Bombay Stock Exchange and reviewed by the auditors with no issues noted.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views3 pages

    Standalone Financial Results, Limited Review Report For June 30, 2016 (Result)

    Uploaded by

    Shyam Sunder
    The Board of Directors of Upsurge Investment & Finance Ltd met on August 3, 2016 to approve the unaudited financial results for the quarter ended June 30, 2016. The results were reviewed by the company's auditors. Key highlights from the results include a net profit of Rs. 7.49 crore for the quarter, compared to a net profit of Rs. 8.28 crore in the same period last year. Earnings per share for the quarter stood at Rs. 0.13. The results have been submitted to the Bombay Stock Exchange and reviewed by the auditors with no issues noted.

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    You are on page 1of 3

    upt"tg- Investment & Finance Ltd'

    05th

    August,2ol6

    To,

    Uunuger - Department of Corporate Service


    Bombay Siock Exchange Limited,
    Floor 25, P J Towers, Dalal Street,
    Mumbai - 400 001

    th"

    Dear Sir,

    held on
    Directors of the Company at their Meeting
    This is to inform you that the Board of
    took
    inter-alia
    P.M
    p.M and concludia at +.oo
    6;fi
    ,1or.a,"t 3.d0
    The
    2016'
    for the quarter ended 30ft June'
    on record the UnauditeiFinancial Results
    h;; utto uttn reviewed by the Auditors of the
    aforesaid unauditeo rinancial Results

    ;;ilJ

    ;ffii.:: i;ffi,
    CompanY.

    following:
    Please find enclosed herewith the

    1. Approved

    for the Quarter ended 30ft


    Unaudited Financial Results of the Company

    June, 2016.

    2.

    30ft June' 2016'


    Limited review report for the quarter ended

    the receipt of the same'


    Kindly take on your record, and acknowledge

    Thanking You,

    Encl: as above

    Road' Andheri (1V), Muqbai - 400 053.


    Belrind c..,,t,r Plaza' off. New Lirrk
    Regd. officc: 303, Morya Landmark.I'
    425440
    Tel: 9L'22'67 425441 F*t 9l'22"61
    l llg."psurgeinvestrnent'lom

    Et-l

    CIN : L67120MHI994PLC079254

    Upsurge Investment

    & Finance Ltd.

    unaudited Financial Results for the euarter ended 30-06-2016


    Year Ended
    31.03.2016

    a
    b

    Net Sales/lncome from Operations


    Other operating lncome

    Total lncome from operations

    335.67

    Expenditure

    a
    b

    Cost of Material Consumed

    : Purchase ofStock -in-trade


    c : Changes in lnventories of Stock

    d
    e
    f

    284.92
    in trade

    : Employees Cost
    : Other Expenditure

    ProfiU(Loss) from Operations before other lncome, finance costs and

    Other lncome
    ProfiV(Loss) from ordinary activities before finance costs and
    Exceptional ltems (3t4)
    Finance Costs
    ProfiU(Loss) from ordinary activities after finance costs but before

    I
    9
    10
    11

    12
    13

    3.77
    (0.07)

    : Depreciation

    Total Expenses

    exceptional items (5t6)


    Exceptional ltems
    ProfiV(Loss) from Ordinary Activities before Tax (7*g)
    Tax Expenses
    Net ProfiV(Loss) from Ordinary Activities after Tax (9t10)
    Extraordinary item (Net of Tax expenses)
    Net ProfiU(Loss) for the period (11t12)

    Paid-up Equity Share Capital-[Face Value. Rs ,10]


    15 Reserye excluding revaluation reserve as per Balance sheel
    of
    previous accounting year
    16(i) Earning per share (before extraordinary items) (Face value
    of Rs. j 0
    14

    367.57

    0.03

    272.35

    8.55
    297.20

    1,392.40

    9.32

    't.08

    36.35

    9.32

    11.08

    36.35

    0.25

    2.35

    16.72

    9.07

    8.73

    19.63

    9.07
    1.58
    7.49

    8.73
    0.45

    19.63

    7,49
    1,515.24

    8.28
    1,515.24

    8.28

    0.45
    19.18

    tar.osl
    (41.05)
    1,515.24

    19.18
    1,515.24
    600.8s

    a) Basic & Diluted EPS before Extraordinary items (Not annualized)


    b) Basic & Diluted EPS after Extraordinary items (Not annualized)
    Earning per share (after extraordinary items) (Face value of Rs.10

    0.13
    0.'13

    a) Basic & Diluted EPS before Extraordinary items (Not annualized)


    Basic & Diluted EPS after

    1
    2
    3

    Notes

    The above financial results have been reveiwed by the Audit committee
    and approved by the Board of Directors at the meeting held
    5th August 20',l6
    The Statutory Auditors of the company have conducted Limited Review of the the
    above financial results.
    Previous year / quarters figures has been regroup / rearranged wherever
    J-.".

    necessary.

    Regd' office: 303, Morya Landmark-I, Behirrd Crvstal Plaza, Off. Nerv Link
    Road, Andheri (w),

    _*","b*

    Tel:9L-22'6742544L Frl.:9L-22-67425440 E-mail: info@upsurgcirru.rur.rrt.'.'* '


    CIN : L67120MHI994PLCO79ZS4

    r00 0S;

    Bansal Bansal & Co,


    C

    hartered Acco urttants

    Review Report to M/s Upsurge Investment & Finance Limited

    We have reviewed the accompanying statement of unaudited financial results of M/s Upsurge
    Investment & Finance Limited ('the company') for the period ended 30th June, 2016. This statement is
    the responsibility of the Company's Management and has been approved by the Board of DirectorlE Our
    responsibility is to issue a report on these financial statements based on our review.

    We conducted our review in accordance with the Standard on Review Engagement (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 assllrance 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 abovg 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 recognized accounting practices and policies has not disclosed the
    information required to be 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.

    NIL
    For Bansal Bansal & Co
    Chartered Accountants
    FRN:100986W

    J.tB o'-'t-Jatin Bansal


    (Partner)

    M. No.: L35399
    Place: Mumbai
    Date: August3,20L6

    120, Building No.6, Mittal Industrial Estate, Andheri Kurla Road, Andheri (East), Mumbai - 400 059.
    Tel.:+91 22 6662 2444. Fax: +91 2266622423 . Email : mail@bansalbansal.com

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