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Elias George & Co.Chortered Accountonls
38/1968 A&B, EGC House, HIG Avenue West End
Gandhi Nagar, Kochi-682 020, Kerala, lndia.
Phone (Off) : 0 484 2204008 , 2206648Email : eliasgeorge @asianetindia.com
Vaiblfeav T. Ved
Pa rtne rMembership N o.235912
LIMITED REVIEW REPORT
To The Board of Directors,
KINGS INFRA VENTURES LIMITED.
We have reviewed the accompanying "Statement of Standalone Unaudited Financial Results" ofKings lnfra Venture Limited ('the Company") for the quarter ended on 31't December 2018.
Management is responsible for the preparation and fair presentation of this interim financial
information in accordance with requirement of Regulation 33 of the SEBI (LODR) Regulations, read
with SEBI circular no.ClR/CFD/FACl62l2O76 dated 5th July 2016. Our responsibility is to issue a report
on the Statement based on our review.
We conducted our review in accordance with Standard on Review Engagements (SRE) 2410, "Review
of lnterim Financial lnformation Performed by the lndependent Auditor of the Entity''. A review of
interim financial information consists of making inquiries, primarily of persons responsible for
financial and accounting matters, and applying analytical and other review procedures. A review is
substantially less in scope than an audit conducted in accordance with Standards on Auditing and
consequently does not enable us to obtain assurance that we would become aware of all significant
matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
Based on our review conducted, nothing has come to our attention that causes us to believe that the
accompanying statement prepared in accordance with the applicable accounting standards and
other recognized accounting practices and policies have not disclosed the information required to be
disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements)Regulations, 2015 read with SEBI circular no.ClR/CFD/FACl62l2O76 dated sth July
2016, including the manner in which it is to be disclosed, or that it contains any material
misstatement.
For Elias George & Co.
Chartered AccountantsFirm Regn.y'\o. 0008015
Place: ErnakulamDate: 14th Februa ry 2OIg
ffir IxtG Avenue(WestEnd)l *w
AKINGS INFRA VENTURES LIMITED
(CIN : L05005KL 1987PLC0049 I 3)
Reg Off:14B, l4th Floor, The Atria Opp Gurudwara Temple, Thevara,Emakulam, Kerala 682015
Tel: 0484-6586557/8 Email: kings.infra@gnail.com, info@kingsinfra.com. Web:www.kingsinfra.oom
Un-auditedStatementofStandaloneFinancialResultsforthe ouarterandninemonthsendedD€cember3l20l8
www.kinssinfra.com (
In Lakhs
Sl.\o. Particulars
(Refer Notes Below)
Quarter Ended Nine months Ended Year Indetl
3l-Dec-18 3GSep-18 3l-Dec-17 31-Dec-18 31-Dec-17 3l-Mar-18Unaudited Unaudited Unaudited Unaudited Unaudited Audited
Ilmry
Revenue from Operations
Other lncome
Total Income0+ID
8s6.42
(e.6e)
846,73
1,126.36
I 8.85
l,l4s,2l
63.6s
3.13
66.78
2,894.38
I 1.10
2,905.48
267.73
5.81
273.54
958.00
9 18
967.18
EXPENSESCost of OperationsA4aterial consumed
Purchase of Stock in trade
Changes in inventories of Finished goods, stock-in-tradeand work in progress
Employees benefits expense
Finance Costs
Depreciation and amortisation expenses
Other expenses
Total Expenses (fV)
618 l6
97.31
20.78
24.s0
1.73
35.8s
798.33
879.38
87.76
19.48
17.88
l.3633.82
1,039.68
40 84
(e 46)
I 1.45
9.2s
0.85
6.37
59.30
2,775.-25
(321.26)
57.58
s0.27
4.04
95.01
21660.89
164._04
( 18.34)
38.74
28.51
2.s3
32.62
248.10
7s9.42
(t2.34)
i r'\ 1 r-tJv.1.)
i8.5ii37
45 17
88s.14
v Profit(loss) before exceptional items and tax (I-fV) 48 40 105,53 7.48 244.s9 25.44 82.04
VI Exceptional itemsvtI ProfiU(loss) before tax (V-VI) 48 40 105.53 7.48 244 s9 25.44 82 04
vIII Tax Expenses:
(1) Current Tax 12.69 27.22 2.40 63 38 8.13 22 06
(2) Deferred Tax (0.23 0.52 (0.0e) 0,0s (0 le) (0 1I)
D(Profit / (Loss) I for the period from continuingoperations
35.94 77.79 5.t7 r81 16 17.50 60.09
x Profit/(Loss) from discontinued operations
XI Tax Expense of discontinued operations
XIIProfit/(Loss) from discontinued operations (after tax) (Xxr)
xItI Profit/(loss) for the period (D(+KI) 3s.94 77.79 5.t7 l8l.l6 17.50 60.09
xw Other Comprehensive Income
xvxvr
xvII
A (i) ltems that will not be reclassified to profit or loss
(ii) Income Tax relating to items that will not bereclassified to profit or loss
B (i) Items that will be reclassified to profit or loss
(ii) Income Tax relating to items that will be reclassifiedto profit or loss
Total comprehensive income for the period (XIII+XIV)(Comprising profit (loss) and other comprhensiveincome for the period 3s.94 77.79 5.t7 l8l.l8 17.50 60.09
Earning per equity share (for continuine oneration)1) Basic 0. l5 0,33 0.02 0.77 007 0.26
(2) Diluted 0. l5 033 0.02 0.77 0.07 0.26
Earning per equity share (for discontinuing operation)1) Basic
(2) Diluted
xVIIIEarning per equity share (for discontinuing operationand continuing operation)
l) Basic 0. l5** 0.33** 0.02** 0.77 0.07** 0.26
(2) Diluted 0. l5** 0.33** 0.02** 0.77 0.07** 026** Not Annualized
Kings lnfra Ventures LimitedRegistered Office :
14B,l4th Floor, The Atria, Opp Gurudwara Temple,Thevara, Ernakulam - 682015, Kerala.f : +9t 484 6596 557 lg,. E: info@kingsinfra.comclN : L0s005KLl987pLC0049t3 I GST.No. 32MCCV34ilDlzI
orate Office :
CI 455, Kendriya Vihar, yelahanka,Bangalore - 560 OG4, Karnataka, lndia.T: +9] 80 2856 Il6l
o\ ,/-r.'.'W
a
/
The Company has identified business segments as its reportable segnents. Business segments comprise Infrastructure and Export Facilities
Geographical revenue is allocated based on the location of the customers,
formati
Rs. In Lakhs
ParticularsQuarter Ended Nine months Ended Year Ended
3l-Dec-18 3GSep-18 3l-Dec-17 31-Dec-18 31-Dec-17 31-Mar-18Unaudited Unaudited Unaudited Unaudited Unaudited Audited
1. Segment Revenue(Sale/income from each segment)
a) Infrastructure
b) Export Facilities
TotalLess: Inter segment revenue
Sales/lncome from Operations
50.00
806.42 t,tzo.lo63.6s_ s0.00
2,844.38
267.73 9s8 00
856,42 1,126.36 63.65 2,894.38 267,73 958.00
856.42 1,126.36 63.65 2,894.38 267.73 9s8.00
2. Seement Results
(profi(+;4oss(-) before tax and interest from each segment)
a) lnfrastmcture
b) Export Facilities
TotalLess: Finance Cost
Add: Other unallocable income net of unallocableexpenditure
Total Profit before tax
27.77
s4.82 t03.67
16.-73 27.77
25s.99
53.95 120.s7
82.s9
24.s0
(e.6e)
103.68
17.88
19.74
t6.73
9.2s
283.76
50.27
ll 10
53.9s
28.s\
120.57
38.53
48.40 105.54 7.48 244.59 25.44 82.04
3. Sesment Assets
a) Infrastructure
b) Export Facilities
c) Unallocated
323r.54
1,853.74
t7.76
3,205.82
2,105.62
156.63
3524.t3 3231.54
1,853.74
17.76
3524.t3 3576.68
Total 5,103.04 51468.07 31524,13 5,103.04 31524.13 3,576.68
4. Seement Liabilitiesa) Infrastructure
b) Export Facilities
c) Unallocated
1,425.49
679.58
394.9r
677.12
1,692.70
447.42
|,145,-02 1,425.49
679.s8
394.9r
1,145.-02 1,154.-73
Total 21499.98 21817.24 1,145.02 2,499.98 1,145.02 1.,154.13
5. Capital Emnloved(Segment Assets-Segment Liabilities)
a) Infrastructure
b) Export Facilities
c) Unallocated
1,806.05
1,174. l6(377.r5)
2,528.70
412.92
(290.79)
2,379.-ll 1,806.05
1,174.16
G77.r5
2,379,-ll 2,421.95
Total 2,603.06 2,650.83 2,379.11 2,603.06 21379.11 2,42t.95
Geographical Segment Information
nformation regarding geographical revenue is as follows:
Quarter Ended Nine months Ended Year Ended
31-Dec-18 3O-Sep-18 31-Dec-17 31-Dec-18 31-Dec-17 31-Mar-18
Revenue from External customers Unaudited Unaudited Unaudited Unaudited Unaudited AuditedIndia I15 66 63.6s 576.17 267.73 9s8.00
Outside India 7 40.76 | .126.36 2,318.21
l. These financ.ial results have been prepared in accordance with Indian Accountiong Standards (Ind AS) as prescribed under section 133 ofCompanies Act,2013 read withRule 3 ofthe Companies (Indian Accounting Sundards) Rules,2Ol5 and relevant amendments thereafter.
2. The above Statement ofUnaudited Standalone Financial Results were reviewed by the Audit Committee on 14 February 2019 and approved by the Board ofDirectors at
their meeting held on the same date. The Statutory Auditors ofthe Company have carried out a limited review ofthe Unaudited Financial Results for the quarter and nine
months ended 31 December 2018 and an unmodified report has been issued. The same has been filed with Stock Exchange and is also available on the Company's website at
wwwkingsinfra.com
3.As per Ind- AS 108, Operating segments have been defined based on the regular review by the Company's Chief Operating Decision Maker to assess the performance ofeach segment and to make decision about allocation of resources and accordingly segment based information is presented accordingly.Export facilities includes processing
and expon of Seafood products to countries like Japan, Portugal, USA, China, Vietnam, Hong Kong, Spain, Thailand, Lebanon and Turkey.
4.Figures for the previous year have been regrouped, recast and rearranged, wherever necessary.
Place:Kochi
Date:14.02.2019
By order of the Board of DirectorsFor Kings Infra Ventures Limited
Chairman & Managing Director
Note:
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