](ETAN MERGHANTS LI M ITED

CIN

L5

1909W B1994PLC 062027

12,\Naterloo Street, Kolkata-700069, Tel: 91-33-22485923, Fax: g1-39-ZZ4g4OOs

Emai I - i nfo@navketan merchants. com o Website : www. navketa n merchants. com

November 72,2016
To,

The Manager, Listing

Department of Corporate Affairs

Bombay Stock Exchange Ltd
Dalal Street, Fort

Mumbai- 400 001

Sub: .Outcome of Board Meetilg held on 12th November, 2Ot:6 and

disclosure under Regulation 33 of

the SEBt (Listing Obligations and Disclosure Requirements) Regulations,1OLS.

Ref:

Scrip Code 539525

Dear Sirs,

This is to inform you that ih" AorrO of Directors of the company at their meeting held today i.e. on Saturday,
12th Novemb er,2OL6, interalia, has considered and approved the Unaudited Financial Results for the Quarter
and Half year Ended 30th September, 2016 along with Statement of Asset and Liabilities for the Half Year
ended 30th September, 2016 in compliance of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations

,2Ot5.

please find enclosed the Unaudited Financial Results along with the Limited Review Report for the Quarter
and Half year Ended 30th September, 2016 and Statement of Asset and Liabilities for Half Year Ended 30th
September, 2016 in the prescribed format in terms of requirement of Regulation 33 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 for your kind perusal and records.

We kindly request you to take the same on record.

Thanking you,
Yours faithfully,
For Navketan Merchants Limited

'&(sVtu'o-w-.
Henal Kothari
Company

Encl: As above

ffim

w9

NAVKETAN MERCHANTS LIMITED

Regd. Office : 12, Waterloo Street, Kolkata _Z00069
L5 1. 9 09wB L99 pLco 62027, Emair - info @navketanmerchants.com

clN :
statement of unaudited Financial Results for the
euarter ended 30th septemb er 2o16
(Rs in lacs except per share datal
YEAR ENDEI

THREE MONTHS ENDED

Particulars

30.09.2015

'Refer notes belowJ

pJ Other Operatins Income

Iotal Income from Operations [Net)
:.D^Pstl5e5
'a)
Cost of materials consumed
[b) Purchase of stock in tradi
tL J utrdrrEE xr

30.09.2015
IUnaudited)

30.09.2016

30.09.2015

31,03.2016

fUnaudited'l

IUnaudited)

(Audited)

58.27
0.00
54.27

27.83
0.00
27.83

89.07
0.00
89.07

55.14
0.00
55.14

89.27
0.00
89.27

0.00
9.42

0.00
0.00

0.00
L2.19

0.00

0.00

t6.t2

L6.72

4L.L9
2.94

20.27
2.L3

63.93
s.56

24.67

5t.77

2.62

3.BB

8.93

0.03

0.03

0.11

0.92

2.63

0.00

0.06
3.5s

0.23
0.00

0.00

30.8
0

30.80
0

2.77

urvelttorlgs oI nnlsned

goods work in progress and stock-in

trade

22_75

dl Employee benefits expense

'e Depreciation
and amortGaEoi
)
]xpense

!tsJ

30.06.2016
IUnauditedl

(UnauditedJ

L.lncome from Operations

(a) Net Sales/ Income from Operations
(Net of Excise DuW)

SIX MONTHS ENDED

uurer-Expense tAny ltem exceecling

0.45

10% ofthe total expenses relating to

:ontinuing operations to be shown

;eparatelyl
Expenses

Profit / (Loss) from operations

refore other income finance costs
rnd exceptional items (1-2)

1..1.4

L.t7

t.07

2.3L

t.87

30.23

57.38

23.58

87.60

46.7L

0.57

0.89
0.00

4.25

1.47

8.43

4.L1.

0.00

0.00

0.00

0.00

4.25

1.47

0.00

0.00

8.43
0.00

0.00

J.

4, Other Income

5. Profit / (Loss) from ordinary

activities before finance costs and
exceptional items (3 t 4)

Finance Costs

5.

7,Profit / (Loss) from ordinary

rctivities after finance costs but
refore exceptional items (5 t 6)
B,

0.57

Exceptional items

0.57
0

0.89
0.00

0.89
0.00

4.25

L.47

0.00

0.00

7.89
85.16

4.t7

8.43
0.00

4.Ll
0.00

Profit / (Loss) from ordinary

activities before tax (7 r B)

0.57

L.47

8.43

4,LL

0.17

0.89
0.27

4.25

10. Tax Expense

1.34

0.44

2.59

1.30

0.40

0.62

2.9L

1.03

5.84

2.87

0.00

0.00

0.00

0.00

0.00

0.40

0.52

2.91

1.03

5.84

2,BL

0.00
0.00

0.00

0.00

0.00

0.00

0.00
0.00

0.00
0.00

0.40

0.62

2.9L

1.03

5.84

2.Bl

3606.21

3606.21

3606.21

3606.2L

3606.2r

3606.2r

9.

Profit / (Loss) from ordinary

activities after tax (9 r 10)
11. Net

12. Extraordinary Items 1t,tet of tax

expense

13. Net

(11

Profit

r 12)

14. Share of
15.

(Loss) for the peroid

Profit/(LossJ of Associate

Minority Interest

16. Net Prolit / (Loss) after tax,

minority interest and share of

Profit/(Loss) ofAssociates for the

period (13+14*15 )
17, Paid-up Equity Share Capital (Equity
shares ofRs 10/- each)

flffi
M

8. Reserve

excludin[GiGlli

-.serves as per balance sheet

of

previous accounting year

19.i. Earning per share
[blfore

rdinary items) (Face Value of Rs

10/-each) (not Annualised)

19. ii, Earning

p-ilhaE

ary itemsJ fFace Value of Rs

10/-each) (not Annualised

Segmental Report for the

euarter as per AS- 17 is not applicable.
reviewed by Audit committee and subsequently
approved by Board of Directors at their meeting
Augus! 2016 and also Limited Review *.ru
held on 12th
by the statutory Auditor.
Figures for the previous period have been
re-grouped/rea..arged as ,recessary to confirm
to the current period,s classification.
1.

2' Above results were

."r.i.J*i

By Order ofthe Board

For Navketan Merchants

Dated:72/Ll/20L6

NAVKETAN@
12,waterr",rt*l:,1:,'J,y,:rffirT;'::Zi;l.rs_2z4'ssz3
Email- info@navketanmerchants.com,

website: www.navketanmerchants.com
Statement of Assets and Liabilities
in lacs except per share data

Particulars

STANDATONE
As at

Shareholders, fundJ

a) Share capital
bJ Reserves ana surptus
cJ

Moneyr:eceivedagffi

b-totat

736.05

735.04

-shaietrotaffiE

2. Share application mo
3.

As at 3tlOZ|ZOL6

Unaudited

ITYAND TIABTLITTTJ
1.

30/O9/2016

ing allotmeni

Minority interest*

Non-current tiabititiG
term borrowi
b) Deferred tax liabilitbs fn"i

tiibliffi

c) Other Iong-te.mLong-term provision,

Sub-total - Non-current tiaUiiiti,e;
5. Current Iiabititiei
a) Short-term borrowi
b) Trade pavables

)0ther current liabilities

d) Short-term provisions
c

sub-total

currenitiaEiiiliE

orAL_EQUrrYm
1. Non-current assets
a) Fixed assets
Goodwill o n cons oli ditioiT
cJ Non-current inrzestments
Deferred tax assets fnet
^.-a.-.

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2,1,64.20

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Managing D
DIN: 0286 4453

219-C, Old China Bazar Street

1st Floor, Room No.B-6

iiCeqj

KOLKATA.

7OO OO1

Tele : (033)2248-6561., 3022-6561,

H. N. AGARWAL & ASSOCIATES

Telefax

CHARTERED ACCOUNTANTS

e-mai.l

(033) 2230-3207
gk.sons@hotmail.com

LIMITED REVIEW REPORT

To
Board of Directors
Navketan Merchants limited

We have reviewed the

accompanying statement of Unaudited Financial Results

of liavketan Merchants Limited (,,the Comp any,,l, for the
euarter ended on September 30,
2016 ("the Statement"), being submitted by the company pursuant
to the requirement of
Regulation 33 of the sEBl (risr,n g obtigations and Disclosure
Requirements) Regutotions, 2015
as modified by circular No' clR/cFD/FA]/62/2016 dated
July 5, zot6. This statement is the

responsibility of the company's Management and has

been approved by the Board of Directors.
Our responsibility is Io issue a report on these financialstatements
based on our re.view.

we conducted our review in accordance with the standard on Review

Engagement (sRE) 2410,
'Review of lnterim Financial lnformation performed
by the lndependent Auditor of the entity,,
issued by the lnstitute of chartered Accountants
of lndia. 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 recognized accounting practices
and policies
has not disclosed the information required to be
disclosed in terms of Regulation 33 of the SEB1
(Listing Obligotions ond Disclosure Requirements)
Regulations, 2075 asmodified by Circular No.
clR/cFD/FAc/62/2oro dated July 5, 2015, including the manner
in which it is to be disclosed, or
that it contains any material misstatement,,.

For H.R.AGARWAL & ASSOCIATES

Place: Kolkata

Chortered Accountdnts
(Firm Registration No. 323029E)

Date:121LL/ZOrc
{HAR| RAM AGARWAL, FCA}

Partner
(Membership No. 057625)