jong 2327221618 PHC 123278001-02 THE MOTOR & GENERAL FINANCE LIMITED M.G.F. HOUSE, Regd. & H.O. : 4/17-B, ASAF ALI ROAD, NEW DELHI-110 002 DLI:CS:BSE:NSE:16 November 11,2016 ‘The Secretary, The Secretary, Bombay Stock Exchange Limited., National Stock Exchange of India Ltd 25" Floor, P.J. Towers, Exchange Plaza; 5” Floor, Dalal Street, Plot No.C/1, G Block Mumbai-400001 Bandra Kurla Complex, Bandra(E) ‘Mumbai-400051 Dear Sir, Re: Unaudited Financial Results for the quarter and half year ended September 30,2016 together with Balance Sheet for the half year ended September 4 Limited Rey id quarter In terms of Regulation 29(1)(a) read with Regulation 33 of SEBI(LODR), kindly be informed that at the meeting of the Board of Directors held today, Friday, the November 11,2016, the Unaudited Financial Results of the company for the quarter ended September 30,2016 and Balance Sheet for the half year ended September 30,2016 duly approved by the Audit Committee were considered and taken on record. The Board also considered Limited Review Report for the said quarter ended submitted by the Statutory Auditors as per photocopy of the said results enclosed for your information. In pursuance of clause 4h of Para A of Part A of Schedule Ill of SEBILODR) Regulations,2015, kindly be informed that the Board Meeting started at 2.30 P.M. and ended at 3.30 P.M. ‘The aforesaid results will be published in the newspapers, as per requirements within the stipulated period. A copy of the press cutting of the results will be sent in due course, The above results will also be available on company's website, namely www.mafitd.com This is for your information. Thanking you, Yours faithfully, For THE MOTOR & GENERAL FINANCE LIMITED VICE IT & COMPANY SECRETARY Enel: as above. “OFFICES: MURIHAT- ERNAKULAME. THIRUVANTHAPURAN- KOTTAYAM: RAGER COIL COIMBATORE. JALANDHAR: KOLKATA, BANGLURUTHE MOTOR & GENERAL FINANCE LIMITED REGD. OFFICE : MGF HOUSE , 4/178, ASAF ALI ROAD, NEW DELHI 110002. ‘IN : 749990L.1930PL.c000208, Ema iD: mgfte@hctmalcom, Website: hp:tww.mgft.com, Phone : 23272216-18 23278001.02 ‘Statoment of Standalone Unaudited Financial Results for the Quarter and Half year ended 30th Soptomber, 2016 Par Standalone Si Forthe quarter ended | For tho half year ended | Yaar Ended Particulars 30.08.2016 [ 30.06.2016] 30.08 2075] 30082076 [30.00 7075 | 31.03.2016 Reviewed | Reviowod | Reviewod | Reviewed | Roviewed | Audited 1 Income from Operations (2) Net Income from Operations sone | sss | 35363 | 70068 | ores | 1992.74 7 [expenses (a) Employee benefits expense nia | 7571 | 634s | 145.05 | 12542 | 20637 \() Depreciation expense ssor | 1515 | 2508 | 3522 | 409 | oo74 \o) Rates & Taxes sor | sorz | 6476 | 10023 | to2sa | 26500 |) Transport, traveling and motorcar expenses reae | 1901 | 2330 | azas | asa | orar fe) Legal & professional charges stor | 1605 | 2368 | arse | 40s |” rear Io Rent 10s | 108 | ‘toe | 209 | 203 412 (a) Amount irecoverable writen off 00 | oo | 000 | 00 | o27 oz Other Expenses 7035 | s670 | 273 | 12705 | 47.10 | 32790 "Toial Expenses aaa | 2779 | ae802 [arom | ae [aaa 3 [Profiv(Loss) from Operations before Other Income, Finance Cost and Excoptional toms (1-2) sorso_| 120s | seer | 22186 | 10513 _| 29207 [Other income S006 | $5.03 [ 54.08 | 11565 | 11478] 605.51 [Provision for deiniton in vestment ‘0.00 —| 0.00 [0.00 [0.00 —|— 990 | ~9a40. 6 |Profit(Loss) from Ordinary activities before Finance Cost land Exceptional toms (3+4+5) 1so7s_| sess | 9020 | ss7a1_| 2091 | 74s08 T Finance Cost 426.02 | ~ 126.88 | ~149.61_[ 252.90 | 303.05 | 550,10 | Profit{Loss) from Ordinary Activitios after Finance Gost but boforal 34.74 | 49.66 | (50.32) | 844i | (20.ta) | 103.88 lexceptional tems (6-7) [Exceptional tems 308 | ono | “500 900 | 905 | a0. 10 [Profi (Loss)_from Ordinary Activities bofore Tax 63) 3a7a[ase6 [50.327 [eae | (20.14) | 195.96) “Lt [Tax Expense (ncusive of ears yeas) ‘3.00—[— 000 | 000 [~ 000 210 [7a 0 "2 [Deverred Tax ‘3.00 ~0.00| —0.00—| 0.00 | 000 | 20.2 [Not Profit (Loss) from Ordinary Activities aftr Tax (0.47#42) 37a {29.68 | (50.32) | sear | (oa.2e) | 141.30 14 [exraordnary ems z 7 ~ “6 [Net Profit{L.oss} forthe period 13-14) ‘ara | ass | (g032)_| saa | pea) | Gao, 16_[Paid up Equity Share Captal Face Value Rs. 107 4936.36 | 4936.36 | 1936.36" | 4956.38 | 1906.36 | 1936.06 17 [Reserves excluding Revaluation Reserves as per Balance Shee! of 300 [000 |~ 000 | 4532.45] aaezer | 443089 Previous Accounting Year. 18;|Earnings Per Share (before Extra Ordinary tems) (of Rs10l- each) (not annualised) [Basic and Diutod ore | 026 | 2s | oe | ern | ors 18.1] Earnings Por Share (aftor Extra Ordinary items) (ot Rst01- each) (not annualised) Basic and Diuted o18 | 028 | (2 | ov | or | ozs(tin Lacs) Siadalone lPARTICULARS ‘Asat] Asal 30092016) 31.03 2016) (Reviewed)| (Audit [EQUETY AND LIABILITIES {shareholders funds |) Share capital 193636] 193636| b) Reserves and surplus rizrss|__ 70282] 3064.20] 89656 INon-curent liabilities la) Long-term borrowings 3605.37] 385882 Jb} Other long teem ailities 702.68) 74763 fe) Long-term provisions 7285| 9460) 739070) 70110 |current tabitities fa shore erm borowings 200] o1r09 other current ibis srr) 217219 [Short-term provisions 7304) ea Hore] — si. ‘vorat| erie] TeRsa70] lassers [Non-current assets veined sete Tangble sets asim] z70129 lb) Non current investments zrsas0] 27500 Deferred tax sett) taro] 1a7an| J) Other on-curent assets 2a] 2973] 3813.30 a0 lcuren assets a) Stock in trade soeaas| e022 ty Trade ecetvales nas] 1353} o}Cashand bank Blanes ao] 15031 | Shor-erm loans and advances 150.0] e500 J} Other current sete 2878] “os. "use9 7 109507) ora ae7@s7] —1eR5070) Notes: ‘Tne above unaudited financial results are in accordance with Regulation 38 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 were reviewed bythe Audit Committee al thereafter approved and taken on record by the Board of Directors in thelr meting held on Novernber 1,206 {In view ofthe Company's substantia! holding in Jayabhaeat Credit Limited )BCL) and to preserve Companys reputation and image, the Board of Directors of the Company, on the basis of legal opinion abtaned, had taken a conscious decision to give Inter: Corporate Deposit (CD), atthe rate of ‘gorest mutually agreed in the financial year 2010-1, to meet the contingency in repayment of public deposits an banks of JBCL. The amount due as fon September 30, 2016 is R5.1650 lacs (Previous Year ended March 3ist, 2016 Rs. 1650 lacs). The Company has taken steps to realise the balance ‘outstanding amount atthe earliest, Seqment roporting as defined in Accounting Standard (AS) -17 i not applicable, since the entite operations of the Company relate to only one reportable segment Provision for Taxation / MAT, dforre tax asset/liablty willbe considered in the sated accounts forthe year ended March 31,2017, Provision for diminution inthe value of long term investments wil e considered inthe audited account forthe year ended March 31, 2017, Inaccordance withthe compliance of Companies (Accounting Standard) Amendment Rules, 016 as notified by the Ministry of Corporate Affairs dated 0th March2016, A&13 stands modified which inter-alia, states that an investment property ha to be accounted for in accordance withthe cost model as prescribed in Accounting Standard(AS)-10 Property, Plant & Equipment. The Company sin the process of determining its classification and useful lite of assets, Accordingly its accounting effect willbe considered. at the close of financial year ending March 31,2017, ‘Previous quarter/ year ended figures have been regrouped / rearranged whereever considered necessary FOR THE MOTOR & GENERAL FINANCE LIMITED Place: New Dethi Dated: November11, 2016i Hb cael