General information about company

Scrip code531822
Name of companyRODIUM REALTY LIMITED
Class of securityEquity
Date of start of financial year01-04-2017
Date of end of financial year31-03-2018
Date of board meeting when results were approved14-12-2017
Date on which prior intimation of the meeting for considering financial results was informed to the exchange08-12-2017
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentREAL ESTATE
Start time of board meeting16:00
End time of board meeting17:00



Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part I
1Income
Revenue from operations580.92839.29
Other income44.3397.12
Total income625.25936.41
2Expenses
(a)Cost of materials consumed768.51633.56
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-414.67-885.62
(d)Employee benefit expense 20.2846.43
(e)Finance costs114.31142.71
(f)Depreciation, depletion and amortisation expense3.075.6
(f)Other Expenses
1Other expenditure100.04162.64
10
Total other expenses100.04162.64
Total expenses591.531105.32

Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax33.72-168.91
4Exceptional items 00
5Total profit before tax33.72-168.91
7Tax expense
8Current tax00
9Deferred tax-25.04-19.84
10Total tax expenses-25.04-19.84
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations58.76-149.07
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period58.76-149.07

Financial Results – Ind-AS

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2Income tax relating to items that will not be reclassified to profit or loss 1.713.42
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss -0.53-1.06
5Total Other comprehensive income-1.18-2.36

Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period57.58-151.43
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital
Face value of equity share capital
27Details of debt securities
Paid-up debt capital
Face value of debt securities
28Reserves excluding revaluation reserve
29Debenture redemption reserve
30Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations1.77-4.66
Diluted earnings (loss) per share from continuing operations1.77-4.66
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations1.77-4.66
Diluted earnings (loss) per share from continuing and discontinued operations1.77-4.66
31Debt equity ratio
32Debt service coverage ratio
33Interest service coverage ratio
34Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)1. The above results which are published in accordance with Regulation 33 of the SEBI (Lisiting Obligations & Disclosure Requirements), 2015 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 14.12.2017. The Financial results are in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under section 133 of the Companies Act, 2013.

2. The format for unaudited quarterly results as prescribed in SEBI's circular CIR/CFD/CMD/15/2015 dated November 30, 2015 has been modified to comply with the requirements of SEBI's circular dated July 5, 2016 , Ind AS and Schedule III (Division II) to the Companies Act, 2013, which are applicable to Companies that are required to comply with Ind - AS.

3. The financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS - 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with rules thereunder and in terms of SEBI Circular dated July 05,2016. The Ind-AS complaint standalone financial results for the quarter/half year ended Sept 30, 2016 have not been subjected to limited review or audit. However, management has exercised necessary due diligence to ensure that the said financial results provide a true and fair view of its affairs.

4. The Company's business activity falls within a single primary business segment viz. "Real Estate" .

5.The Statutory auditors of the Company have carried out a limited review of the above unaudited standalone financial results for the quarter/Half year ended 30 Sept 2017 and have issued an unqualified review report. The review report of the statutory auditors is being filed with the BSE Ltd ('BSE') and is also available on the Company's website.

6. Reconciliation of the net profit for the quarter and half year ended Sept 30, 2016 as reported under previous GAAP and now under Ind AS is as follows:
__________________________________________________________________________________________
Particular Quarter ended 30.09.2017 Half Year ended 30.09.2017
__________________________________________________________________________________________
Net Profit as per Previous GAAP 103.53 157.14
Finance Cost of Debt Portion of Financial Instrument (75.83) (75.83)
Effect of fair value measurement of financial Assets (57.08) (57.08)
Deferred Taxes 17.64 17.64
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Net Profit for period under Ind AS (11.74) 41.87
Other comprehensive income (OCI) - -
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Total comprehensive income as per Ind AS (11.74) 41.87
__________________________________________________________________________________________

7. Previous Period's figures have been regrouped and/or rearranged wherever considered necessary.



Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)Previous year ended (dd-mm-yyyy)
Date of start of reporting period01-04-201701-04-2016
Date of end of reporting period30-09-201731-03-2017
Whether results are audited or unauditedUnauditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
Assets
1 Non-current assets
Property, plant and equipment30.150
Capital work-in-progress00
Investment property00
Goodwill00
Other intangible assets3.370
Intangible assets under development00
Biological assets other than bearer plants00
Investments accounted for using equity method00
Non-current financial assets
Non-current investments212.810
Trade receivables, non-current00
Loans, non-current00
Other non-current financial assets856.60
Total non-current financial assets1069.410
Deferred tax assets (net)29.240
Other non-current assets30.430
Total non-current assets1162.60
2Current assets
Inventories6612.490
Current financial asset
Current investments209.550
Trade receivables, current933.130
Cash and cash equivalents294.710
Bank balance other than cash and cash equivalents469.380
Loans, current00
Other current financial assets488.950
Total current financial assets2395.720
Current tax assets (net)42.630
Other current assets138.590
Total current assets9189.430

Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)Previous year ended (dd-mm-yyyy)
Date of start of reporting period01-04-201701-04-2016
Date of end of reporting period30-09-201731-03-2017
Whether results are audited or unauditedUnauditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
3Non-current assets classified as held for sale00
4Regulatory deferral account debit balances and related deferred tax Assets00
Total assets10352.030
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital324.790
Other equity661.710
Total equity attributable to owners of parent986.50
Non controlling interest
Total equity986.50
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current2955.450
Trade payables, non-current00
Other non-current financial liabilities00
Total non-current financial liabilities2955.450
Provisions, non-current28.650
Deferred tax liabilities (net)00
Deferred government grants, Non-current00
Other non-current liabilities00
Total non-current liabilities2984.10
Current liabilities
Current financial liabilities
Borrowings, current5961.390
Trade payables, current4.720
Other current financial liabilities0.410
Total current financial liabilities5966.520
Other current liabilities395.470
Provisions, current19.440
Current tax liabilities (Net)00
Deferred government grants, Current00
Total current liabilities6381.430
3Liabilities directly associated with assets in disposal group classified as held for sale00
4Regulatory deferral account credit balances and related deferred tax liability00
Total liabilities9365.530
Total equity and liabilites10352.030
Disclosure of notes on assets and liabilities