nv/\ nee

12ft November, 2016.

To,

Listing Compliances,
BSE Limired,
P. |. Towers,

Fort,
Mumbai-400 001.
Scrip Code: 512149: Scrip Id: AVANCE:

Dear Sir/Ma'am,

The meeting of the Board of Directors was held today i.e. Saturday, 12,h November,
2016 at the
Registered Office of the Company. The meeting commenced at 3.05 p.m.
and concluded at 4.15
p.m.

In the said meeting as per the regulation 33 of

SEBI (Listing Obligations & Disclosure

Requirements) Regulation, 2015, the Directors approved the Unaudited Financial
Results for the
quarter ended 30'h September, 2016 and the Limited Re'view Reporr issued by the
Auditor
of the

company for the said quarter was also taken on record.

Kindly update the same in your records.

Thanking you.
ForAvance Technologieslimited

Bimal Kamdar

Director
DIN: 02828913
Encl:

.
o

Unaudited Financial Result

Limited Review Report

Avance Technologies Limited

Regd'off:- D/603,6ft Floor, Crystal PlazaPremises Co-operatir'=e Society Limited, Opp
Infinity Mall, New Link Road, Andheri
(West) Irtumbai - 400 0S3. phone No. O22 ASOSi|ZS,

/\v/\ nce
STATEMENTOFUN
rD

20r6
Sr. No.

l-

ftrtn."t*t

sD(MONTIIS

nrono

soITI' SEPTEMBER,

-r

Quarter ended

gs.rs&bls)
J.U( IIIOD th.s

ended

Year ended

30.09.2016

30.09.201s

Unaudited

31.03.2015

Unaudited

Unaudited

Audited

10161.80

30.09.2016

30.06.2016

30.09.2015

Unaudited

{ Innrr.f

itoJ

lncome from operations

(a/ t\et sates/income from operations

(lrlet
ofexcise dury)
\u/ vrrrEr uPeratlng lncome
Iotal income from opur"tio*
1r,.9-

2409.36

2235.71

2964.01

4645.O7

5109.03

0.00

0.00

0.00

0.00

0.00

0.00

4e5.A7

5109.03

10161.80

zquy.J6

22?\71

Expenses

*iGIJ

(a) Cost of mutu.iul,

(b) Purchases of ,ro"kJn-rrr.t.
(c) Changes

in inventorie, of nrirhF
work-in-progress and stock_in_

goods,
Lo)

lmployee Benefit Expenses

e) Depreciation and amorrisa

- \Jrner

0.00

0.00

0.00

2394.34

0.00

2218.14

0.00

2949.97

0.00

4672.48

4955.08

10183.22

0.00

(46.8e)

0.00

0.00

0.00

0.00

o6

i.32

1.28

1.92

0.00

3.01

0.00

10.13

0.00

0.00

0.00

l.15

10.95

4.98

18.64

2%2.&

46'25.35

4963.07

10165.09

11.61

19.72

t45.96

(3.30)

0.00

expenses (Any item exceeding

l0olo of the total expenses relating
to
,r./

:ontinuing operations to be shown

otar olpenses
3

'rofit /

2.62

2397.56

(Loss) from operadons before

income, finencg costs and

xceptional items (l-2)

8.33

2227.79

tJr.er

11.80

4
P rofit

(Loss)

fro- ordi*ry

activities
b :fore finance costs and orceptional
items

E LvLrL

lYaanfr^hrl
_r

i;^*rrLurr

_v-r*-

/ Gon) to- o@GG

-g)
before tax
Profir

(7 +
ro^ qPcrt{'c

Provision for Taxation

Provision for Deferred Tax

1t

NetProfit/(toss)fro-o@G
after tax (9 - l0)

t2

l3

0.00

0.00

0.00

nnn

l410

11.80

7.92

ll.5l

19.72

145.96

10.81

0.00

0.00

oa1

0.00

0.00

0.39

11.20

19.72

145.96

t0.42

(Loss/ rrom ordinary activities

after finance costs but before occeptional

items (5 - 6)

ln

0.00

Fi

7.92

NIL)
raro-up

11.80

7.92

0.00

0.00

0.00

0.00

0.00

(1r000)

11.80

7.92

11.20

19.72

145.96

(1oe.s8)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.10

11.20

19.72

145.96

(10e.68)

0.00

0.00

0.00

0.00

11.20

19.72

145.!)16

(10e.68)

19879.17

19819.t7

79819.17

19819.17

11.80

7.92

!^!aquru'rdry tems (net of tax

expense Rs
0.00

(r.oss/, ror

flre period (l

0.00

_ 12)

11.80

t4

equ.rry share capital (Face Value

Re. 1/- each)

of

l5

r\Lrsr vc tr^utuurng Kevaluatron ReSeryeS

per balance sheet ofprevious accounting

aS

19819.17

7.92
19819.17

:trt
lf u' ,"

Avance Technologies l.imigsd

Regd'off:- D/603' 6th Floor' crystal Plaza
Premises Co-operarive sociery Limited,
opp Infinity Mall, New Link Road,
Andheri (West) tM.r*U"i."
053. phone No. 022 6565212J,
E*^:r. :_r_

ii.:a+"f

ril",

nrrnrco3s2

o website: www.avance:in

aOO

-.- rj

/\v/\ nce
16i

Earnings per share (before

items) (of Re. l/- each) (not"*trao.dinuf,
annualised):
(a) Basic

16

ii

ib) Diluted
Earnings per share (after extraordinary
items) (of Re. 1/-each) (not annualised):
(a) Basic

(b) Diluted

0.001

0.00

0.001

0.001

0.001

0J0

0.01

(0.006)

U.UUI

0.001

0"01

(0.006)

0.001

0.00

0.001

0.001

0.001

0.01

0.00

(0"006)

0.001

0.001

0.01

(0.006)

Notes:

hffiil:"ffi;|jlT,p,"'

Regulation 33 of the sEBI (Listing obligation

and Disclosures Requirements) Regulations,
2015 and SEBr circurar

' The above un-audited financial results for the quarter/six

months ended 30th september, 2016
have been reviewed by the Audit
pproved by the Board of Directors at their
committee and
respective meeting held on 12th November,
2016. The Auditor of the company
.eview" of the same.
has carried our a ,,Limited

;ffil:''ff:T:L1'::,Tffi;;::"#J

in financial results have

been

in accordance with the schedule rrr of

the companies Act, 2013 or irs equivarent

4' The Accounting Standard (AS-17) relating

to 'Segment-wise Reporting' is not applicable
as the company operates in onry
one segment.
months/vear have been regrouped/ rearranged
/recrassified, to make them comparabre
with those of the

];:::,H;fJJTfiffi:::arterlsix

B.?')5c^q
triamdar

Date 12th November, 2016

: Mumbai

Avance Technologies I jmited

Regd'off:- Di603' 6th Floor' crystal Plaza Premises

co-operative society Limited, opp Infiniry
Man, New Link Road, Andheri (west) Mumbai
- 400
053. phone No.022 65652123,
Email:- info@avance'in/avancetechnologiesltd@gmail.com
cIN: L51g00MH1gg5pl,c035210 Websitq www.avance.in

/\v/\ nEe
As at 30.09.2016

EqTxTYAND

As at 31.03.2016

rIAsItmE3

a)

Share Capital

b)

Reserve and Surplus

c)

19819.17

Money received against share

warrants

78842.73

0.00

.i,9819.17

i8823.01
0.00

2
a)

Long-term borrowings

b)

Deferred tax liabilities (net)

0.00

c)

Other long-term liabilities

Long-term provisions

0.00

d)

0.00
0.00

0.00
0.00
0.00
0.00

3
a)

ort-term borrowings
0.00

b)
c)

5594.19

hort-term provisions

14.42

0.00
5746.68
16.96

Ar - EqUTTYAND trABruilES

0.00

on-current investmenB

22364.05

Deferred tax assets (net)

0.71

Long-term loans and advances

- Non-cu:rent assets

18253.06

0.00
22314.90

0.7t
19041.0t

nt investments
0.00
2058.05
1521.18

and cash equivalents

r current

46.21

assets

27.26

76.64
1977.63

956.3s
11.34
27.26

Date: 12th November, 2016

Place: Mumbai

Avance

Technologies Limited
Regd'off:- D/603' 6th Floor' crystal
Plaza Premises co-operative
Sociecy Limired, opp Infiniry
Mar, New Link Road, Andheri
Mumbai - 400 053. phone No.
6w"rr;
022 65652i23,

Email:- info@avance'in'/avancetechnologiesltd@gmail.com

cIN: t51900MH19g5ptc035210

web,site: www.avance.in