LEAD FINANCIAL SERVICES LTD.

101 S'la Ram Mansion, 71 8/21, Joshi Rood,

,I
Karol Bagh, New Delhi-11 0005
Phone: 23549822, 23
Fax: 23623829

e-mail: lead financial@rediffm~il:~om

(for grievance redressal dIvIsion)

CIN : L74140DL1993PLC053485
14th

November, 2016

To
The Stock Exchange, Mumbai
Corporate Relationship Department
1st Floor, New Trading Ring.
Rotunda Building
PJ Towers, Dalal Street Fort
Mumbai -400001
Sub. ; Unaudited Financial Results for the quarter and half year ended on 30th September, 2016 u/r
33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir,
Please find enclosed herewith a copy of the Unaudited Financial Results (Provisional) for the quarter
and half year ended on 30th September, 2016, which have been approved and taken on record by
the Board of Directors at the Board Meeting of the Company held on Monday, the 14th day of
November, 2016.
The Limited Review Report by the Auditors of the Company is also annexed herewith.
Kindly take the above on record and oblige.
Thanking you
Yours faithfully
For LEAD FINANCIAL SERVICES LIMITED

[Chairman]

101, Sita Ram Mansion, 718/21, Joshi Road,

Karol Bagh, New Delhi-11 0005
Phone: 23549822, 23
Fax: 23623829
e-mail : leadfinancial@rediffmail.com

LEAD FINANCIAL SERVICES LTD.

(for grievance redressal division)

ClN : L74140DL 1993PLC053485

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER & HALF-YEAR ENDED 30 SEPTEMBER, 2016

Statement of Standalone Unaudited Results for the Quarter & Half-Year Ended 3010912016

S.
No.

Particulars

Quarter Ended

Income from operations

(a) Net Sales/Income from Operations

Quarter Ended

30109/2016

30/0612016

(Unaudited)

(Unaudited)

Quarter Ended Half Year Ended Half Year Ended

30/0912015
3010912016
30/09/2015
(Unaudited)
(Unaudited)
(Unaudited!

IRs. in Lacs)
Year Ended

31/0312016
(Audited!

16.03

130.97

2S.82

147.00

45.38

91.99

16.03

130.97

26.82

147.00

45.38

91.99

1.00

117.14

(Net of excise duty)

(b) Other Operating Incomes
Total Income from Operations (Net)
Expenses
(a) Cost 01 materials consumed
(b) Purchases of stock-in-trade

3.36

(e) Changes in inventories of finished goods,

work-in-progress and

118.14

3.36

176.66

(S.91)

(117.87)

stock~n-trade

(d) Employee benefits expense

0.94

1.05

1.83

1.99

3.66

5.61

(e) Depreciation and amortisation expense

0.10

0.09

4.26

0.19

(I) Other expenses

1.66
3.90

2.10
120.38

3.53
12.49

3.96
124.28

8.59
5.96
14.66

9.47
11.11
84.98

12.13

10.59

14.33

22.72

30.72

7.01

0.02

0.04

0.15

0.06

0.18

1.32

12.15

10.63

14.48

22.78

30.90

8.33

0.00

0.75

0.75

0.75

1.50

3.01

12.15

9.88

13.73

22.03

29.40

5.32

12.15

9.88

13.73

22.03

29.40

5.32

(1.33)

2.95

3.39

1.62

8.23

0.57

13.48

6.93

10.34

20.41

21.17

4.75

Total Expenses

Proflll (Loss) from operations before other

Income, finance costs and exceptional ttems (1-2)

Other Income
Profrtl (Loss) from ordinary activities before

finance costs and exceptional Items (3

4)

Finance Costs

Profit! (Loss) from ordinary activities after finance

costs but before exceptional items (5 - 6)

Exceptional Items

(0.49)

Profit! (Loss) from ordinary activities before tax

(7~8)

10 Tax Expense
11

Net

prom I (Loss) from ordinary activities .ftel' ux

(9 -10)
12

Extraordinary items (net of tax expense)

13

Net Proflll(Loss) for the period (11-12)

14

Paid-up Equity Share Capital

2.02
13.48

6.93

10.34

20.41

21.17

6.77

330.00

330.00

330.00

330.00

330.00

330.00

(Face Value of Rs 101- each)

15

Reserves exduding Revaluation Reserves as

121.55

per balance sheet of previous accounting year

16.1 Earnings per ahare (bafore extraordinary
Ilems) (of Rs. 10/- each) (nolannuallsed):
(a) Basic

0.41

0.21

0.31

0.62

0.64

0.14

(b) Diluted

0.41

0.21

0.31

0.62

0.64

0.14

0.41
0.41

0.21

0.31
0.31

0.62
0.62

0.64

0.21

0.64

0.21

16.ii Earnings per share (after extraordinary

Items) (of Ra. 101- each) (not annualised):

(a) Basic
(b) Diluted

0.21

For Lead ~nCial Services Ltc

Chalnftan

LEAD FINANCIAL SERVICES LIMITED

BALANCE SHEET AS AT 30 September, 2016

Particulars
I.

EQUITY AND LIABILITIES

(1 )

Shareholder's Funds
(a) Share Capital
(b) Reserves and Surplus

(2)

(3)

330
142

330
122

Non-Current Liabilities
Deferred Tax Liabilities (Net)

Current Liabilities
(a) Short-Term Borrowings
(b) Other Current Liabilities
(c) Short-Term Provisions

38
453
5

73
525
1

Total Liabilities

968

1,053

2
533
6

212
323
4

57

II.

ASSETS

(1 )

Non-Current Assets
(a) Fixed Assets
Tangible Assets
(b) Non-Current Investments
(c) Long Term Loans And Advances
(d) Deferred Tax Assets (Net)

(2)

(Amount in Rs. Lakhs)

As at
As at
31st March, 2016
30th September, 2016

Current Assets
(a) Inventories
(b) Cash and Cash Equivalents
(e) Short-Term Loans and Advances

354

176
4
334

Total Assets

968

1,053

15

ForLea~rVices

Ltd.

Chairman

NOTES:

1. These results have been reviewed by the Audit Committee and approved by the Board of

Directors at their Meeting held on 14th November, 2016.

r
2. The Company operates in one segment only. Accordingly, Segment Reporting as defined in

Accounting Standard (AS-17) is not applicable.

3. The figures for the corresponding periods have been restated, wherever necessary, to make

them comparable.

4. Tax Expense comprises current tax expense net of Deferred Tax chargel credit.
5. The above Results have been reviewed by the Statutory Auditors of the Company.

For and on behalf of the Board

For Lead Financial Services Ltd.

~.~
Place: New Delhi
Date : 14th November, 2016

P.C Bindal
( Chairman)

G. C. Sharda & Co.

CHARTERED ACCOUNTANTS

Limited Review Report on Standalone financial Results for the

QUgrter end Six Months Ended 30/09/2016

To the Board of Directors

Lead Financial Services Limited
We have reviewed the accompanying Statement of Standalone Unaudited Financial
Results of lead Financial Services limited ("the Company") for the Quarter and Six
Months Ended 30/09/2016. This statement is the responsibility of the Company's
Management and has been approved by the Board of Directors. 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 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 on audit. We have not performed an audit and accordingly. we do not express an
audit opinion.
Based on OUf 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 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.
For G.C. Sharda & Co.
Chartered Accountants

IFi,m

Re~"1ra~:r; 500041 Ni

CA. Gopat Chandra Sharda

Portner

Membership No. 071920

New Delhi

Date: 14/11/2016

A: D 34, LGF, East of Kailash, New Delhi

110 065. India T: +91 1: 26234388, 26234999 W: gcshdfda com E: offlce@gcsharda.com