Fortune Financial Ser, larg, Epanoe Rod, UCU: E mal: cnertary’ cam; Website: we. fortune cin (India) Limited 2st Poor, Uri e103, a 01 Statement of unaudited standalone financial results for the Quarter and Six months ended September 30, 2016 (tapes in take) x Panicle ‘Gaarier ended Taper ented | Vane cated sumone [ 30062016 [soe 2015 | sammane | soosa0s [aim sute Lawited | Unotied | Unaudies | Unaudited | tnaaiis 1 [income from operations tse om operations 70 Te ees ee en] ase +) omer operating income 2328 2110 a7] sosan an 23 [Toa tceme from operations poss] 23924 sos[ son] i910 > |espemer | kimploe bens expense oss ores rst ve] sss + Depreciation an amontstion expense 1 Lis 2a has 367 other expense 109.94 9029 2023 x0] Total Expenses nam | 18908 seao| sa] ase] 3, [Prone cts) trem Operations before Other income and finance “ ia i; tau gasill [oss and exceptional items (1.2) a8 " ves ay oe ‘ [omer income ‘ : 2a 5 [Prot os) from ordinary athe before Rance est and me aie ona | ae mT lxcepinal tem (364) as " tee eet a © inane cous an oan ass oor 1, [Ene Ate) em iat vat S are Zz cos] se reat a EE er] waa] ess] Ffesespuna tems 7 : 2 (reo. from Ordinary Activites before ox 7-8) Tata pes] are) a] aor] 10 [as Espen Cuneta 12.00 00 2500} “ Defer an 023) 260 oss ar wos) p [Net Pron) from Ordinary Asti afer ax O10) 57 3625 [eanl p06 | tos oof ar] eransinay tems Net of tax expen of Rs $0 ls) 20798 20798 475 as 15 |Net Pratt ios) for the period (1 +12) 20698 seas] Goan] aemaa Bas ro 15 [Paap quey sare apa (Fae vals Rs 1 par awe) s10238] 10238] 293300] —Raazae] —abeeo] —aanrer 15, JRosenes (excluding revaluation reserves) 7 = | seo 16 |earing er Share before exrabdiary tems (Not annulisad) | [on weighed average numberof shares) Face value of Rs. 10 ech) Base (Rupes) on coor ozs os} wre Died (Rupes) on on oor os cor) v6 17 }earng per Share afer extraordinary ems (Not snus) on weighed average umber of shares) Face value of Rs 10 ach) Base (Rupes) oss on (007) 066 oor os} ited (Rupees) ost on coon re 00 nxNotes pig hne tts have ben reviewed by he Audit Commitee and apved by te Read of recs of he Company ines meting Redon Novem 1 ole 2) The Story Auditors ofthe Company have cared ta Limited Revsw ofthe above sai ess oie emaceimlgraton (Propuicd Seheme") fr wnlgaatio of The Inset Tio nis Pot Lid with he Company wih ef fom Jana 91 ath pe Speen with BSE Limited & imrinipal apmoval rcv However the approval the Prpied Sclee os enka ee apa aaa 310 be sie. Pending approval othe Prapse Scheme by Hone High Caused ee te ce let of the Proposed Scheme hasbeen given in these facial ress, 3) Comchaaac repens profit on ate of iavesments and amount or previous peri ear repesnts pai on isos oinvesunen i sbsary 5) Consolidated intrmation: dupes a Gunrier ended Tait Year ended Yeu en Partcatars suwao16 T soce 2016 [30083018 | —samaao1e | SoS Unsuied [Unsaid Unaudited —[— Audios nears ms Operation soe] 2asii6 ease] 143108 Prot (os) before we 39966 0440 sus 682.96, [Prot oss)aer ax Basse 116 1.10291 15 29705 Fxtoinary tame 7 é 147.09 210 280 ratio peiod EDR Tie 7.25000 Toss Tons] {he Figures fr comeponding previous priad have oon resttsegrupo ranged and usin) wheter nevciary 7) Consors forthe quanet ended Septembe 30, 2016 ae awalabe onthe wcbne ofthe Connon oo ten Bosnt Mumbai, November 14,2016 Pease visit ust www fortune cin Diese DIN 08333930Statement of Standalone Assets and Liabilities (Rupees in takbs) As at Sr.No. Particulars 30.09.2016 31.03.2016 Unaudited Audited ‘A EQUITY AND LIABILITIES 1 |Shareholders' funds |a) Share capital 5,102.38 2,834.60 b) Reserves and surplus 37,161.09 | _ 18,690.84 [Sub total - Shareholder's funds 42,263.47 21,525.44 2 |Share application money pending allotment - 197 3° |Non-Current liabilities a) Long-term provisions : : Sub total- Now- Current labiities = = 4 |Current tiabitities a) Short-term borrowings : 604.50 b) Trade payables - : |) Other current liabilities 68.18 128.84 4) Shor-term provisions 1687 8.68 Sub total Current Habilities 3805 7202 TOTAL EQUITY AND LIABILITIES 348.52 | 7226043 B_ |ASSETS 1 |Non-current assets a) Fined assets 13.93 13 b) Non - Curzent investments 33,018.75 | 20,792.81 ) Defered tax asses (net) 8.10 10.98 4) Long-term loans and advances 268.58 233.98 }¢) Other non-current assets - - |Sub total - Non-current assets 33,339.36 21,049.46 2 [Current assets 2) Current investments : : b) Inventories i 7. c) Trade receivables 2iais |d) Cash and cash equivalents 5. 95.04 |e) Short-term loans and advances 844135 891.4) ) Other current assets 238.82 19.34 Sub total Current assets 900916 | 121997 [TOTAL ASSETS 42,348. 22,269.43 (2) Othvai Wan HsBATHIYA 4 ASSOCIATES LLP CHARTERED ACCOUNTANTS. Independent Auditors’ Review Report on R Results Limited Review Report to The Board of Directors of Fortune Financial Services (India) Limited Ne have reviewed the accompanying Statement of unaudited standalone financial results of Fortune sora ial Services (India) Limited (the “Company”) for the Quarter and Six months ended September 30, 2016 (the “Statement”). The Statement has been prepared in pursuant 10 Regulation 33 of the SEGL (faatina Obligations and Disclosure Requirements) Regulations, 2015, which has been initialed by us for \enifcation purpose. The Statement is the responsibility of the Company's Management and fas tose approved by the Board of Directors. Our responsibility isto issue a report on the Statement based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, “Review of aterin Financial Information Performed by the Independent Auditor of the Enity issued by Insitute of Chartered Accountants of India. This standard requires that we plan and perform the review, to obiar, moderate assurance as to whether the Statement is free of material misstatement. A review is limited Primarily to inquiries of Company personnel and analytical procedures applied to financial data and thee Bowie ess 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, prepared in accordance with applicable accounting standards as specified under ection 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rule 2014 snd piher recognized accounting practices and policies, has not disclosed the information required to be ecified in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure. Requirements) Regulations, 2015 including the manner in which itis to be disclosed, or that it contains ay mon misstatement. For Bathiya & Associates LLP, Chartered Accountants Firm's Registration No. 101046W / W100063 nrekt Urner fi Umesh B. Lakhani Partner Membership No, 044981 Place: Mumbai Date: November 14, 2016 Samia & Assoeates LP 51 Hubtown Stas IVS Prat Read Near Fastest Fyover T2491 226139 8000 Ander ast nfowatnya com Mumba «00 069Fortune Financial Services (India) Limited Reginerd Office: Noman Midtown A Wing at lar Unit No 210, ‘Senapat Dat Mar. Elphatne onde Stumbei 400013, crv Las 9UPLCDE067 E mal: eneretaryilcom; Webi www. fron a Statement of unaudited consolidated financial results for the Quarter and Six months ended September 30, 2016 (Rapes in aks) wee ‘Quarter end Tal year ened Year ene Parscuars soeea0ie | 3062016 | 30093015 | soosa016 | 300920 | 3103 016 Unaudited Unsudied | Urauties | Unaudited | Unaudied | Aaicd 1 |) tncome fom operations savas! soca] 2auss] sas] aneor] —1sas0s0 bot operating ince 1239 114s est] oss} 1937 155 rut tncome from oper aaoza[ some | aasite| sasase| easne| ane 7 Tespenser| ] 2) Employ ones expense ta@ac} —rszosi| asian] agsas7] ass] suv 70| 'b)Depreviation and amortisation expense mers} 9608] 07a} aon20 | sis 13500 ete expenses sscost| 9733] 133927 asiszs| 2asen| 601s 73 Hota Expe ane 2a] 207951 senor] sen | Tiss 35 [Front (Los trom Operation rae} sere} om] nassas| sear sn 56 loss and except 4 ower inane 296 106] s7490 602] 59562 7206 5 [ESR Neel a as 26 Se 126007 nao] a rsos7] asses] 219602 6 |rimnse cose mol ais} sn] asa] es] tise 4 |Prott Les) fom Ordinary Activites after finance costs 7 s ; ae enn aceon ea rosso] see] ioscan 5005 2 Tfesceponl Kens i 5 z e [Peat (Les rom Ordinary Activ [ooo | veg] sso] ee | Tiiwe 10 [tase = Curent as aro] 3800 uf aso} sen ares “Ta in repost of ati years . oa J on ass = Deere tax ox] uss) nl aas| oe 5 5 11 |Net rene 0s) fem Ordinary Actin ater ax (9-10) i ioe] tana 35 DTS 2 [ordinary tems (Net oF tax expense of Rs 5 Takis) 1709 | 1a] 2a) To 8 he period (11+ 12) san] 35s B16] 12sn00| roses OHS 1 [Sta of Profutiom ot Associates 3 sm] ase] an] new Te 15, [Mino terest asso] 27] sso] aaa} aah 2 g_|Set Petit Loss afer Minority Interest & Share of Profit of Blt asm aan aca a ae [sociale Company or the period (L3+145), Le 2 Z ian salad 2 17 |Paxtup cuit share capil (Face valve of R10 per hare) simae|—simis[ 280] Sinan] asa] aan 18 |Reserves (excluding easton reseres) 200m 40 19 [ating per Share (before extraordinary tes \(Not annualised) (on weighed average number af shares (Face vale of Rs 10 each) Base (Rupes) wn os on ast 08 ist Died (Rupes) wm om on 2st 108 iss 20 |eang per Shae ater exraednary ems (Not aeualsed) [on weighed average numberof shares (Fae valve of Rs 10 each) asc (Rupees) La os pa an hs 140 Dilated (Rupees 12. oso] on an Lis 10 |1) The above resus have ben reviewed by the Audit Commitee and approve by the Hoard f Discos ofthe Campany in thir meeting held on November 14, 2016 ‘he Suttory Auta ofthe Compuny have caro out Lime Review of he sve sides ‘Beenie fea sul ar basd on the consoled ancl salem prepared in accordance with Accounting Standd 21 on Console Fnai ‘Statements and Accounting Standard -23 on “Accounting fr Investment i Astras n Consolidated Financ Statement” and ncode te React ee {bide namely Ite Exuies Limited, tne Muli Commodity Company Limited Fortune Crest Capial Limited, I Asset Manapemere sted farses now a Tl Ivestnent Advisors Limited). Fortune Inerated Home Fiatce Limited, Antique Sack Braking Limited, nga Canal Pate Lance Sexe tie omer Sees Prat Lamid,Distee Ast Spa Pile Lined The lnvesmen Tt of Inia Mt Lid (Fame araun ll Wek Magee raat Lied) 7 Reimrance Liked (Frmery known a8 Kohinoo India Reinsufance Co Limited) and Cres Deb Cail Merkow Paws Lasacd nee oF Profit (Loss of asovates namely Fortune Itgiated Asst FinangeLimed and Unicd Peto nace Lise 41) The scheme of amalgamation Proposed Scheme") for amalgamation of The Investment Test of nda Pat Lid with the Company with et fr anu 1 0 arreeee ad) i Sed with BSE Limited & inginipal approval eceive. However, th approval to the Proposed Scheme rm Hon igh Ces ane ‘teat reply authors ae yt ob eeived. Pending aprronal ofthe Proposed Scheme by Hnble High Cou and her santey oem norte "he Propose Scheme as been given these financial esulis 5) samara em represents profit on sl fimvestments and amount fo pevius prio yar represents profit on disposal of investment in subsidiary 6 Bari he Gere the Company hat invested a sum of Rs, 525 skh in Fore integrated Home Finance Limited (ubsiiry Company) by subscribing wo 1750.00 yu Shares of Rs. 10 achat a premium oF Rs. 20 per equ share on rights bass, 2) Standalone information upeenin aks ‘Quarir ended Tia year ended Year ended] Particulars 20092016 [soos206 [sone 3015 | —soaoamie | sours] a ate Unsuded — — Crasiited | — Unused Unsudies —[— Ausied [Revenve om Opa 29095 23938 oa so 109 10 325 Prove Goss Reto wx 7074 7385 creo] HI eo 50 Poni Goss) ater ae $697 sis ess 12006, 6390) S71) [cxraerdiasy aoa 20798 z 20798 crs oars Prot forthe pv 26695) was asa om 2s Ws '8) The figures fr comesponding previous period have ben texatd growed, earanged and claiied where nsoury 9) Standalone resus forthe quarer ended September 30,2016 are aalbie onthe web of the Company www fone co "] ie ee Board o vs Mumba, November 14,2016 Director Please vist ut at wae fortune co in DIN. 08333936‘Statement of Consolidated Assets and Liabilities (Rupees in lakhs) Asat SeNo. Particulars 30.09.2016 | 31.03.2016 Unaudited | Audited ‘A [EQUITY AND LIABILITIES 1 |harehotders' unas a) Share capi 5,102.38 2,834.60 lb) Reserves and surplus 39,870.14 19,143.14 [Sub total - Sharcholder’s funds $4972.52 21,977.74 2 |Share application money pending sllotment 4 : 3° [Minority tnterest 698.34 1,859.26 4 |Non-Current Habitities 3) Long-term borrowings 60.01 Shas b) Long-term provisions z : [Sub total - Now-Current abi rom S115 5 |Current tiabitities |a) Short-term borrowings 1034302} 45,967.84 [Trade payables 6,367.0 8,027.98 c) Other current liabilities 1615.68 4,106.05 A) Shortterm provisions 1072.17 1,265.49 [Sab total~ Current Rabies 19,408.37 DOTS [TOTAL EQUITY AND LIABILITIES 6513424 | 83.85.51 B |assets: 1 |Non-current assets a) Fixed assets LS7o4 2911.56 +) Goodwill on consolidation 211.98 156.28 Je) Non current investments 9,010.08 61633 |) Deferred tax asses (net) 6431 61243 |e) Long-term loans and advances 242826] 29,128.90 1 Other non-current assets 241.73 Sub total - Now-current assets 1432740 330589, 2 |Current assets 3) Current investments 305.66 206.84 b) Inventories 333144 : lc) Trade receivables 6347588 3,900.01 |¢) Cash and cash equivalents 8867.10 16,987.42 J) Short-term loans and advances 30,711.00] 27,692.31 D Other current assets 1244.10 1,853.74 [Sub total Current assets S0R068 5030.02 TOTAL ASSETS 6513424] 83,855.51Reporting of Consolidated Segment wise Revenue, Results and Capital Employ (Rupees in akhy) (Quarter ended Year ended Particulars 30.09.2016 [30062016 [30082015 | w.09.2016 | soos | stasis Unaudited |" Unaudited | Unaudited [Unaudited | Unaudited [Audited Segment Revenue Broking and related services 3381.79 2.2697 suo24i} 562136] 5.11455] 1008889 Investment banking and advisory ors 402.90 26146] 1,020.39 mam} iri6| Financing activities 703.86 816.50, 2oss| 152036] iis219| 2830.42 otal S673. 38897 3608727 —g6z.tt | 7.0848] —Ta.sat. a7 Less Inter segment revenue 269.94 391.29 178.66 661.23 28448 507.36 Net Income from Operations $403.20 3097.68 3426.06] 7.so0s8 | 692700 [ras Segment Results Profit before tax and interest | ‘Broking and related services 1073.28 231.70 56648] 130498 se1g0] —1si76K Investment banking and advisory us) sK45) (6157) 32090) tex (633) Financing activities 25604 62955 (677)| __sass9 460.27, oxs.a7 Total 126687 ‘602 80 W811] _1Re067] —1asexv | dame? Less: Finance cost 2287 213.14 39371 son] sees] 1313.66, Profit before tax 1,044.00 389.65 104.40 [133.66 2005) 082.96 Capital Employed (Segment Aweis ~ Segment abilities) / roking and related services 1461923127784 SASLB3] 1461923] Sasi83] 3.98057 Investment banking and advisory 1369127] 11,808.17 520837] 1369127] s2437| 6.3053 Financing activi 1660202 | 2089650 1201278] 666202] 1201278 | 1242217 Fouat 4497252] 43.9821 HOTS 1827Fortune Financial Services (India) Limited Registered Office: CIN : L65910MH1991PL.C062067; E mail sman Midtown, A Wing , 21st Floor, Unit No.2103, + cosceretary@siL.com: Website: wow, fortune.coin Status of Utilisation of rights issue proceeds for the quarter ended September 30,2016 (Rupees in lakhs) ‘Amount offunds | Amount utilised] — Balance required as per the | tll September tlised paricee Letter of Offer 302016 | amount as on September 30, Investment in Fortune Credit Capital Limited (Wholly lowned subsidiary) 16,000.00 16,000.00 (General Corporate Purpose 4,310.00 4.32498 3.58) Issue related expenses 100.00 85.02 14.98 Total 20,410.00 20,410.00 0.00)BATHIYA 6 ASSOCIATES LLP CHARTERED ACCOUNTANTS. Independent Auditors’ Review Report on Review of Interim Financial Results Limited Review Report to ‘The Board of Fortune Financial Services (India) Limited We have reviewed the accompanying Statement of unaudited consolidated financial results of Fortune Financial Services (India) Limited (the “Holding Company”) and its subsidiaries and its share of profit of 's associates, for the Quarter and Six months ended September 30, 2016 (the ‘Statement’). The Statement hhas been prepared in pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which has been initialed by us for identification purpose, The Statement is the responsibility of the Holding 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) 2410, “Review of interim Financial Information Performed by the Independent Auditor of the Entity” issued by Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Holding Company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion We did not review the financial statements for two of the subsidiaries and one step down subsidiary whose interim financial statements reflects total revenue of Rs. 451.17 lakhs and total net lass of Rs 81.88 lakhs included in the Statement for the Six months ended September 30, 2016. These interim financial statements and other financial information have been reviewed by other auditors whose reports have been furnished to us, and our opinion on the Statement, to the extent they have been derived from. such interim financial statements is based solely on the report of such auditors, We did not review the financial statements for one associate whose interim financial statements reflects share of net profit of Rs. 22.37 lakhs included in the Statement for the Six months ended September 30, 2016. These interim financial statements and other financial information have been reviewed by other auditor whose reports have been furnished to us, and our opinion on the Statement, to the extent they have been derived from such interim financial statements is based solely on the report of such auditor. Bahia & Associates LLP 310, Hubown Soars NS Pracke Road Nea: Eas West Pyover 1. «91 226139 8000 Andnen East nfowbatiya com Mumba 400089Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with applicable accounting standards as specified under section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rule, 2014 and other recognized accounting practices and policies, has not disclosed the information required 10 be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Bathiya & Associates LLP Chartered Accountants Firm's Registration No. 101046W / 100063 1 neklrae Un f Umesh B. Lakhani Partner ‘Membership No. 044981 Place: Mumbai Date: November 14, 2016