ASIT C. MEHTA FINANCIAL SERVICES tTD.

Registered Office: 'Nucleus House', Saki Mhar Road, Andheri (East), Mumbai 400072.. T6l.: 022 - 28570781 / 28583333
Email id: invostoqrievanco@acrnfsl.co.in / accounts@nudeusservices.com
Website: wwwacmfsl.com . ctN: 105900MH1984P1c091 326

February I 0,

201 6

To,
The BSE Limited,

Listing Department,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai: 400001

Scrip Code- 530723

Dear Sir/Madam,

Subiect: Outcome of the Board Meetins held on February 10. 2016

Ref: Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015

The Board Meeting of the Company was held today i.e. February 10,2016. The Board of
Directors has inter-alia considered and approved the following:

l.

Unaudited Standalone Financial Results along with the Limited Review Report for the
quarter ended December 31, 2015.

2. Resignation of Ms. Kavita Shah, Company Secretary & Compliance Officer of

Company, with effect from close ofthe working hours of l5'h February,20l6.
3. Appointment of Mr. Pankaj Parmar as Manager, designated
of the Company with effect from l0'n February, 20 I 6.

the

as Key Managerial Personnel,

The Board meeting commenced at I I .30 a.m. and concluded at 2.45 p.m.
Please find enclosed herewith the Unaudited Standalone Financial Results and the Limited
Review Report for the quarter ended December 3 l, 201 5.

Kindly take the same on record.

Thanking you
Yours faithfully
For Asit C. Mehta Financial Services Limited

N^*sN.,
Asit C. Mehta
Chairman & Dircctor
DIN: 00169048
Encl: as mentioned above

ffice:318,

Podar Chambers, 3rd Floor, SA Brelvi Road, Fort, Mumbai -400001.

Tel.:022 - 6'1325959 Fax: 022 - 22700118

ASIT C. MEHTA FINANCIAL SERVICES LTD.

Registered Office: 'Nucleus House', Saki Mhar Road, Andheri (East), Mumbai 400072.. Tel.: 022 - 28570781 / 28583333
Email id: investorgrievance@acmfsl.co.in / accounts@nucleusservices.com
Website: www.acrnfgl.com . ctN: L059o0MH 1 984PLc091 326

Statement of Standalone Unaudited Financial Results for the quarter and nine months ended 31st December, 20ls
Part

in lacs

Partic ula rs

months

ended
3111A2015

(Refer Notes Below)

Unaudited

Year to date Year to date

Corresponding
Preceding 3
figures for
figures for
3 months ended
months ended
period the previous
current
in the previous
30/09/2015
year ended
ended
yeat 31l12J2014
31112J2015
31t12t2014
Unaudlted

Unaudited

Unaudited

Unaudited

Previous
year ended
31103t2015

Audited

L lncome from Operations

(a) lncome from Operations
(b) Other Operating lncome
Total income from Operations (net)
2. Expenses
a. Employee benefits expenses
b Deprecration and amortisalion expense
c. Property Tax
d. Operating Finance charges
e. Other Expenditure

Total Expenses
3. Profit / (Loss) from operations before other
income, finance costs and exceptional items (12l

78.43

52.81

98.59

214.50

28'1.83

361.61

18 43

52.81

98 59

214.50

281.83

36'1.6'l

10.23
11.46
9.34

11.63

34.35
34.07

45.8'1

49.'18

13.24
11 .28
9.14
30.20
9.80
73.65

58 95
45.57
37.35
163.08
33.88
338.82

1198

364

24 94

55.44

2.12

1.82

10.83

26 81
8.97

22.79

1.93

26 75

66.27
243.70

35.78
74 30

33.59
90 74

9.Profit / (Loss) from ordinary activities before

tax (7 + 8)

10 Tax expense
11.Net Profit / (Loss) from ordinary activities
after tax (9 + 10)
12.
13.
14.
per
15.

Extraordinary items (net of tax expense)

Net Profit / (Loss) for the period (11 +
Paid-up equity share capital ( Face Value 110
share)
Reserve excluding Revaluation Reserves as per
!alance sheet of previous accountinq year
'ro.r Earnrngs per snare (betorc extraordinary

t2)

9.34
'16.89

35.42
66.45

4. Other lncome
5. Profit / (Loss) from ordinary activities before
finance costs and exceptional items (3 + 4)
6 Flnance Costs
7. Profit / (Loss) lrom ordinary activities after
finance costs but betore exceptional items (5 +
5)
8. Exceptional ltems

11.U

13.9'1

33.85

28.01

27 .81

62 63

120.97
26.58

'159.07

255.O2

080

82.07

80 31

(68.17)

(74.56)

(4.57)

1177.43\

(38.52)

(57.1s)

(68.17)
(3.25)

174.56\
(3.35)

(4.57)
(3.16)

(177.43\
(10.61)

(38.52)
t10.70)

(14 781

(64.92)

t71.21\

1.40)

(166.82)

(27.81t

142.37

(64,n

(71 21)

1.40)

(166.82)

(27

142.37],

495.26

495.26

NA

NA

495.26
NA

495.26
NA

.81)

495.26
NA

(57 .15

495.26
339 33

items)
(of ?10/- each) (not annualised):
(a) Basic

1.31 )

(1.44]-

.31)

11.44).

(1.93)
(1.93)

(1.44)

(b) Diluted
15.ii Earnings Per Share (after extraordinary

(1

(0.03)
(0.03)

(3.37)
(3.37)

(0.s6)
(0.56)

(0.86)
(0.86)

(0.03)
(0.03)

(3.37)
(3.37)

(0.56)
(0.56)

(0.86)
(0.86)

items)
(of ?10/- each) (not annuatised):
(a) Basic

(b) Diluted

(1.44',,

See acqompanyrng note to the Financtal Results

S^*s\\rOffice: 318, Podar Chambers, 3rd Floor, S A Brelvi Road, Fort, Mumbai - 400001.
Tel.:022 - 61325959 Fax: 022 - 22700118

ASIT C. MEHTA FINANCIAL SERVICES LTD.

Registered Office: 'Nucleus House', Saki Mhar Road, Andheri (East), Mumbai 400072.. Tel.: 022 - 28570781 / 28583333
Email id: investorgrievance@aonfsl.co.in / accounts@nucleusservices.com
Websito: www.acmfsl.com. CIN: 165900MH1984P1C091326

Segment wise Revenue, Results and capital Employed

Pariiculars

months

ended
31t12120.t 5

Unaudited

Year to date
Year to date
Corresponding
Preceding 3 3 m.nth< an.la.l Figures for
figures for
months endec
current period the previous
in the previous
30/09/2015

yeat 31l1212014

ended

year ended

31t1212015

31t1212014

ited

Unaudited

Unaudite(

Previous
year ended
31/03/2015
Audited

Seoment Revenue
AdvisorY and ConsultancY
)) lnvestment activities
Total
ess lnler Seoment Revenue
:l lncome From Ooerations

27

7A 43

52 a1

70
98.58

214.50

2A1 A3

98 58

214 50

28'1 83

361 61

s {Proflt)l+)/ Loss G) before

ax and inleresl
Advisorv and Consultancv

12

lnvestment activitaes

7.

12

JbJ

Total
.ess: lnterest

24.92
,1

)le lncome
)re Tax

l4

Advisorv and Consultancv

lnvestment activities

34.75
4.'l 10 82

56

Iinallocaied
Total

4.

61.

4323.
t3
4 376 70

4.

4
4.

4 376 69

4.

Notes:
1. The above financial resuts were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings
held as of date. A limited review of the above financial results have been carried out by the statutory auditors.

Figures of previous periods have been regrouped/ reclassified, wherever necessary to make them comparable with current period figures.

Based on Expert opinion, the Depreciation on revaluatioin amount has been debited to Revaluation Reserve account
rnstead of debiting to Proflt & Loss Account.
For Asit C. Mehta Financial Services Limited

f---\

, I.

>F$\$,\\I
Asit C. Mehta
Chairman

Mumbai, 1oth February, 2016

DIN:00'159048

Office: 318, Podar Chambers, 3rd Floor, S A Brelvi Road, Fort, Mumbai - 400001.
Tel.: 022 - 61325959
Fax: 022-22700119

MANEK

6 A56OCIATfl6

CHARTERED ACCOUNTANTS
3,

Shanti Kunj, 17, Prarthana Samaj Road, Vile Parle (East), Mumbai - 400 057.

ofr. # 2618 5110

# 2618 5137
Fax # 2618 4912

E-mail : manek@vsnl.com
shailesh.manek@gmail.com
www.camangk.com

SHAILESH MANEK
B.Com.(Hons), Grad. C.WA.,F.C.A.

LIMITED REVIEW REPORT OF THE AUDITORS

Review Report to,
The Board of Directors,

ASIT C.MEHTA FINANCIAL SERVICES UMITED

We have reviewed the accompanying statement of unaudited financial results of ASIT

C.MEHTA FINANCIAL SERVICES UMITED for the period ended DECEMBER 31,
2015. 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 these
financial statements based on our review.

We conducted our review in accordance with the Standard on Review Engagement

(SRE) 2400, Engagemeats to Reviertt Finanaal Stdtefier.ts issued by the Institute of
Chartered Accoun[ants o[ India. This standard requires chat we plan and perform the
review to obtain moderate assurance as to whether the financial statements are free o[
marerial misstatement- A review is limited primarily to inquiries of company personnel
and analytical procedures applied co financial data and thus provides less assurance than
an audit. We have not performed an audit and accordingly, we do not express an audit
opinion.
)

nothing has come to our attention that causes

us to believe that the accompanfng statement of unaudited financial results prepared in
Based on our review conducted as above,

accordance with applicable accounting standards and other recognised accounring

practices and policies has not disclosed the information required to be disclosed in terms
of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regularions, 2015 including the manner in which it is to be disclosed, or that it contains
any material miss[atement.

For

AITIEK & ASSOCIATES

Chartered Accountants
Firm's Registratioa I{o.r 125679W

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