/ SUNIL V ANKA W ALA & ASSOCIATES Cliartered JIccountants 03, 'Vritufavan, st floor, :Near Sfzu6liam 'J{afI, Opp @ifway Station 'Vife Pane (West) Mum6ai-400056 f -mai{;suni[vankgwafa@yafzoo.com, Tee :No. 0-633730/3/ 3 Limited review report on standalone unaudited Financial Results of pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 05) To the Board of Directors of Mumbai We have reviewed the accompanying statement of standalone unaudited financial result of ('the company') for the quarter and Nine Months ended 3 st December 08 ('the statement')attached herewith, being submitted by the Company pursuant to the requirements Of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 0S(,Listing Regulations'). 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 the statement based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 40, Review of Interim Financial Information Performed by the Independent Auditor of the Entity" specified under section 43(0) of the companies Act, 03.This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial resultsare free of material misstatement. A review is limited of Company personnel and analytical procedures applied to
financialdata 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 standalone unaudited financial result prepared in accordance with applicable accounting standard i.e. Ind AS prescribed under section 33 of the Companies Act,03 and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations including the manner in which it is to be disclosed,or that it contains any material misstatement. Given this 4th February 09 At Mumbai under our seal for Sunil Vankawala& Associates
I ~ I I.. ~i Sr. No. 3 4 5 6 7 8 9 0 I STATEMENT OF UN AUDITED STANDALONE FINANCIAL RESULTS FOR THE OUARTER & NINE MONTHS ENDED DECEMBER 3. 08 Particulars CIN: L0407MH988PLC049645 (Rupees in Lakhs Except Share & EPS ) Quarter Ended Nine Months Ended Year Ended 3..08 30.09.08 3..07 3..08 3..07 3.03.08 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income from Operations (a) Net Sales / Income from Operations 3.56 9.0 65.96 67.89 967.56 8.93 (b) Other Income 6.5 44.33 4.30 77.4 8.73.93 Total Income (a +b) 47.8 73.4 70.5 45.3 976.8 4.86 Expenses (a) Cost of materials consumed - - - - - (b) Purchase of stock-in-trade.69.39 3.0 6.54 85.63 837.0 (c) Changes in inventories of finished goods, work (0.50).46 0.5 (0.4) 0.78.6 in progress and stock-in-trade (d) Employee benefits expenses.4.0 4.3 37.00 4M8 60.6 (e) Finance Cost 4.8 7.89 3.33 49. 49.04 6.49 (f) Depreciation and amortisation expenses 3.68 3.76 3.49.09 0.9 5.06 (g) Other expenses 7.63 4.99 60.56 43.34 00.83 385.7 Total Expenses 49.73 5.69 95.3 46.78 07.89 38.5 Profit / (Loss) before exceptional items and tax (.9).74 (4.98) (.47) (5.6) (40.9) (,) Exceptional Items - - - Profit/Loss) before tax (3-4) (.9).74 (4.98) fl.47) (5.6) (40.9) Tax Expense. Current Tax.... Deferred Tax - - - (0.64) Total Tax Expenses - - - - (0.64) Profit/CLoss) for the period (5 6) fl.9).74 (4.98) (.47) (5.6) (39.65) Other Comprehensive income ( Net of tax (a) Items that will not be reclassified to profit and loss Gain /(Loss) on fair value of equity (6.43).59. (3.84) (3.8) (3.59) instruments Loss on fair valuation of defined benefit plans.. as per actuarial valuation - - Deffered tax /(expenses) benefit relating to - (3.7) these items -. Total Comprehensive Income for the period, (8.35) 4.3 (4.98) (5.3) (55.43) (46.94) Net of Tax(7+lJl Paid up equity share capital 855.30 855.30 855.30 855.30 855.30 855.30 Face value of share 0/ 0/- 0/- 0/- 0/ 0/- Earnings Per Share (of Rs. 0/- each) (not annualised) ; (a) Basic (0.0) 0. (0.3-) 70.0) (0.8) (6.68) (b) Diluted (0.0) 0. (0.3) (0.0) (0.8' (6.68) 40/ A, Pearl Arcade, Opp. P.K. Jewellers, Dawood Baug Lane, Off J. P. Road, Andheri (W), Mumbai - 400 058 Tel: +9 677855/679047 I Fax: +967887 I nouveauglobal@gmail. com I www.nouveauglobal.com
CIN: L0407MH988PLC049645 3 4 5 6 7 The above Standlalone Un-audited Financial Results and Segment Results for the quarter and nine months ended December 3, 08 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 4, 09. The above results are prepared in accordance with the IND AS as prsecribed under Section 33 of the Companies Act, 03. The Limited Review for the quarter and nine months ended on December 3, 08, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 05 has been carried out by the Statutory Auditors. The compnay adopted [ND AS(Indian Accounting Standard) with effect from st April, 07 and accordingly these financial statements have been prepared in accordance with the recognition and measurement principles laid down in the [ND AS 34 " Interim Financial Reporting" prescribed under section 33 of the Companies Act, 03 read with relevant rules issued thereunder and other accounting principles generally accepted in India. The Company has four reportable business segments i.e. Multimedia,Trading Division,Financial & Other Consultancy and Dealing in shares & Securities and the Segment reporting of the Company has been prepared in accordance with IND As 08 on "Segment Reporting ". Previous period figures have been regrouped/rearranged and re-classified wherever necessary to confirm to current period's classification. Provision for Deferred Tax Liablity, if any will be made at the end of the year. The above financial results are hosted on website of the Company i.e. www.nouveauglobal.com and also availble on the website of stock exchange www.bseindia.com. Place: Mumbai Date : February 4, 09 Krishan Khadaria' Managing Director DIN: 009096 40/ A, Pearl Arcade, Opp. P.K. Jewellers, Dawood Baug Lane, Off J. P. Road, Andheri (W), Mumbai - 400 058 Tel: +9677855/679047 I Fax: +967887 I nouveauglobal@gmail.com I www.nouveauglobal.com, i
CIN: L0407MH988PLC049645 Reporting Segment-wise Results for the Quarter & Nine months ended December 3, 08 Particulars (Rupees in Lacs ) Quarter Ended Nine Months ended Year Ended 3..08 3..07 3..08 3.03.08 (Un-audited) (Un-audited) (Un-audited) (Audited) Segment Revenue a. Multimedia - 54.99-30.0 b. Financial & Other Consultancy 4.75.6 4.75 4.48 c. Dealing in Securities - 8.8-9.49 d. Trading Division 6.8-5.4 874.86 Total Segment Revenue 3.56 65.97 67.89 8.93 Less: Inter Segment Revenue - - - - Net sales/income From Operations 3.56 65.97 67.89 8.93 Segment Results a. Multimedia - 4.63-8.48 b. Financial & Other Consultancy 4.75.6 4.75 4.48 c. Dealing in Securities - 8.4-8.76 d. Trading Division (0.50) -.3 56.40 Total Segment Result 4.5 4.93 43.98 5. Add: Other Income.4 Less: Finance Cost 4.8 3.33 49. (6.49) Less: Net Un-allocable Expenditure 7.60 30.86 73.65 (35.86) Add: Un-allocable income 6.5 4.30 77.4.79 Less: Exceptional Items - 0.00 - Total Profit before Tax (.9) -4.93 (.47) (40.3) Fixed assets and other assets used in the Company's operations or liabilities contracted have not been identified to any of the reportable segments, as the assets are used interchangeably between segments; hence, it is not practicable to provide segment disclosures relating to total assets and liabilities. Place: Mumbai Date: February 4, 09 Krishan Khadaria Managing Director DIN: 009096 40/ A, Pearl Arcade, Opp. P.K. Jewellers, Dawood 8aug Lane, Off J. P. Road, Andheri (W), Mumbai - 400 058 ~ Tel: +9677855/679047 I Fax: + 967887 I nouveauglobal@gmail.com I www.nouveauglobal.com