PART I S. NO. Particulars GRM OVERSEAS LIMITED CIN: L74899DL1995PLC064007 Regd. 128, FIRST FLOOR, SHIVA MARKET, PITAMPURA NORTH DELHI 110034 Email Id: grmrice1@gmail.com, Website: www.grmrice.com Ph: 0180-2652524 Statement of Standalone and Consolidated Audited Financial Results for the Quarter and Year Ended 31st March, 2017 3 months Previous 3 months 01.01.2017-01.10.2016-31.12.2016 Corresponding 3 months in the previous year 01.01.2016-31.03.2016 Current accounting year 01.04.2016 - Amount in Rs./Lakhs Previous accounting year 3 months Current accounting year 01.04.2015-31.03.2016 01.01.2017-01.04.2016 - (Refer Notes Below) (Audited) (Unaudited) (Audited) (Audited) (Audited) (Audited) (Audited) I. Revenue from operations 21,753.24 15,607.53 11,077.25 59,115.08 35,572.41 21,753.24 59,115.08 II. Other Income 0.05 - - 0.05-0.05 0.05 III. Total Revenue (I + II) 21,753.29 15,607.53 11,077.25 59,115.13 35,572.41 21,753.29 59,115.13 IV. Expenses: Cost of materials consumed 4,068.74 6,427.98 6,280.64 14,024.78 14,477.86 4,068.74 14,024.78 Purchases of Stock-in-Trade 13,664.44 13,569.72 2,558.11 43,140.14 14,160.18 13,762.73 43,238.43 Changes in Inventories of finished goods, work-in-progress and stock-in-trade (25.96) (6,751.71) 199.19 (7,267.89) 1,191.29 (135.56) (7,377.49) Employee benefits expense 86.70 48.69 52.00 217.74 181.39 86.70 217.74 Depreciation and Amortisation expense 34.08 52.40 45.90 192.79 195.13 34.08 192.79 Other expenses 2,594.06 2,062.05 1,100.81 6,975.25 4,144.21 2,608.81 6,990.00 Total expenses 20,422.06 15,409.13 10,236.65 57,282.81 34,350.06 20,425.50 57,286.25 V. Profit before exceptional and extraordinary items and tax (III- IV) 1,331.23 198.40 840.60 1,832.32 1,222.35 1,327.79 1,828.88 VI. Exceptional items - - - - - - - VII. Profit before extraordinary items and tax (V- VI) 1,331.23 198.40 840.60 1,832.32 1,222.35 1,327.79 1,828.88 VIII. Extraordinary items 748.14 77.16 545.06 985.18 911.96 745.13 982.15 IX. Profit before tax (VII- VIII) 583.09 121.24 295.54 847.14 310.39 582.66 846.73 X. Tax expense (1) Current tax 200.91 40.01 100.37 288.05 105.27 200.91 288.05 (2) Deferred tax - - - - - XI. Profit (Loss) for the period from continuing operations (IX- X) 382.18 81.23 195.17 559.09 205.12 381.75 558.68 XII. Profit/(loss) from discontinuing operations - - - - - - - XIII. Tax expense of discontinuing operations - - - - - - - XIV. Profit/(loss) from Discontinuing operations (after tax) (XII- XIII) - - - - - - - XV. Profit (Loss) for the period (XI + XIV) 382.18 81.23 195.17 559.09 205.12 381.75 558.68 XVI. Earnings per equity share: (1) Basic 10.36 2.20 5..29 15.15 5.36 10.35 15.14 (2) Diluted 10.36 2.20 5..29 15.15 5.36 10.35 15.14 Standalone Consolidated Statement of Assets and Liabilities Disclosure as required under Regulation 33 of SEBI (LODR) Regulation, 2015 as under: Standalone Consolidated As At As At As At S.No. Particulars 31.03.2016 (Audited) (Audited) (Audited) I. EQUITY AND LIABILITIES 1 Shareholders' Funds (a) Share Capital 368.95 368.95 368.95 (b) Reserves and Surplus 3,838.57 3,279.48 3,838.17 (c) Money received against Share Warrants - - - 2 Share Application Money pending allotment - - - 3 Non-Current Liabilities (a) Long-term Borrowings 4,842.36 4,135.85 4,842.36 (b) Deferred Tax Liabilities (net) 225.43 225.95 225.43 (c) Other Long-term Liabilities - - - (d) Long-term Provisions - - - 4 Current Liabilities (a) Short-term Borrowings 14,961.68 9,086.03 14,961.68 (b) Trade payables (A) total outstanding dues of micro enterprises and small enterprises; and - - - (B) total outstanding dues of creditors other than micro enterprises and small enterprises.".] 2,418.92 1,126.70 2,517.33 (c) Other Current Liabilities 3,249.13 123.25 3,252.58 (d) Short-term Provisions - - 0 TOTAL- EQUITY AND LIABILITIES 29,905.04 18,346.21 30,006.50 II ASSETS 1 Non-Current Assets (a) Fixed Assets 2,121.71 2,114.68 2121.71 (i) Tangible assets - - - (ii) Intangible assets - - - (iii) Capital work-in-progress - - - (iv) Intangible assets under development - - - (b) Non-Current Investments 24.39 - - (c) Deferred Tax Assets (net) - - - (d) Long-term Loans and Advances 69.25 69.25 69.25 (e) Other Non-current Assets 5.39 5.39 2 Current Assets (a) Current Investments - - - (b) Inventories 19,993.90 6,280.19 20,103.51 (c) Trade Receivables 7,412.80 8,238.11 7,412.80 (d) Cash and Cash Equivalents 159.69 1,552.61 175.93 (e) Short-term Loans and Advances 61.34 13.81 61.33 (f) Other Current Assets 56.58 77.56 56.58 TOTAL- ASSETS 29,905.04 18,346.21 30,006.50
Notes: 1 The above Standalone and Consolidated Audited financial results were reviewed by Audit Committee and thereafter approved by the board of directors in their meeting held at New Delhi on 30.05.2017. 2 Figures of previous quarter/year have been regrouped/rearranged, wherever necessary, to confirm to the current year classification. 3 The Company is operating in a Single Segment. For GRM OVERSEAS LIMITED Hukam Chand Garg ( Managing Director) DIN - 00673276 Address- 679-L Model Town Panipat 132103 Date: 30.05.2017 Place: New Delhi