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GLOBUS CORPOORATION LIMITED

(Previously Know as Karuna Cables Limited)


CIN : L33115MH1984PLC121000

Date:04/11/2016

To

To
The Managing Director

The General Manager

National Stock Exchange of India Limited


Corporate Communication Department
Exchange Plaza, Bandra Kurla Complex
Bandra (E), Mumbai - 400 051

BSE Limited
Dept. of Corporate Services
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001

Sub.: Outcome ofthe Board Meeting 3/2016-2017 dtd. November 04t\ 2016
Ref.: Symbol: KARUNACAB;

Scrip Code: 531904

Pursuant to Regulation 30 of SEBI (Listing and Disclosure Requirements) Regulations, 2015 this is
to inform you that a Meeting of Board the 3/2016-2017 of Directors of our Company held today,
Friday, 4th day of November, 2016 at 3.30 p.m at the Register office our Company at 102 Sanjay
Chambers, Chaubal Lane, Opera House, Mumbai - 400 004. The Meeting concluded at 4.30
p.m
1. Approved and took on record the Standalone Unaudited Financial Results of the Company
for the Quarter ended 30th September, 2016, along with the Limited Review Report of the
Auditors on the Unaudited Financial results for the Quarter ended 30th September, 2016
We hereby enclose the short particulars of the outcome of the said meeting.
Kindly take the same on your record.
Thanking You,
Yours faithfully

For ~ORATION

LIMITED

'J

Mahendra C. Shah
Managing Director
(DIN: 01650375)

Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004 .
. Ph.: 022-2387 3609 Fax: 022-2387 3609 Email : mumbai@globuscorp.co
Works:

102A, S V Co-op., Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502325.

Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously Know as Karuna Cables Limited)
CIN : L33115MH1984PLC121000

Date:04/11/2016

To
The Managing Director
National Stock Exchange of India Limited
Corporate Communication Department
Exchange Plaza, Bandra Kurla Complex
Bandra (E), Mumbai - 400 051

To
The General Manager
BSE Limited
Dept. of Corporate Services
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001

Dear Sir/Madam,
Sub:

Submission Unaudited Financial Results (Standalone) of the Company for the Quarter
ended September 30, 2016

Dear Sir/Madam,
Pursuant to Regulation 33 of SEBI (Listing and Disclosure Requirements) Regulations, 2015, we
wish to inform you that Board has considered and approved Unaudited Financial Results for the
Quarter ended September 30, 2016. We enclose herewith the said Un-Audited financial results
(Standalone) of the Company along with Limited Review Report of Statutory Auditors.
Kindly take the same on record and acknowledge the receipt.
Thanking You,
Yours faithfully
For GLOBUS CORPOORATION

LIMITED

~
Mahendra C. Shah
Managing Director
(DIN: 01650375)

Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorp.co
Works:

102A, S. V. Co-op., Industrial

Estate, IDA Ballaram, Jinnaram

(M), Medak, Dist. A. P. Pin:

502325. Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously Know as Karuna Cables Limited)
CIN : L33115MH1984PLC121000

STATEMENT OF UNAUDITED

RESULT FOR THE QUARTER ENDED 30.09.2016


(Rs. In Lacs)
Quarter

3 Months
Particulars

ended

30.09.2016

Preceding 3
Months ended
30.06.2016

Unaudited

Audited

ended

Year Ended

Corresponding 3
Months ended

Year to date
figures for current

31st March,

30.09.2015 in the
previous year

year ended

2016

Unaudited

Unaudited

30.09.2016
Audited

1
(a)
(b)

Total income from operations

(net)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Cost of materials consumed

0.00

0.00

0.00

0.00

0.00

Purchases of stock-in-trade

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1.74

1.74

7.30

3.48

28.49

0.00

0.00

0.00

0.00

28.99

6.92

2.56

2.76

9.48

30.05

8.66

4.30

10.06

12.96

87.53

-8.66

-4.30

-10.06

-12.96

-87.53

8.00

0.00

0.01

8.00

15.06

-0.66

-4.30

-10.05

-4.96

-72.47

0.01

0.02

0.00

0.03

0.03

-0.67

-4.32

-10.05

-4.99

-72.50

0.00

0.00

0.00

0.00

0.00

-0.67

-4.32

-10.05

-4.99

-72.50

Changes in inventories

of finished goods,

and stock- in- trade

(d)

Employee benefits expense

(e)

Depreciation

and amortisation

ex ense Refer note


Other expenses(Any item exceeding
10% of the total expenses relating to
continuing

operations

to be shown

se aratel
Total Expenses
Profit / (Loss) from operations

before

other income, finance costs and


exce tional items

1-2

Other Income

Profit / (Loss) from ordinary activities


before Finance costs and exceptional
items

3+4

Finance Costs

Profit / (Loss) from ordinary activities


after finance costs but before exceptional
items

5-6

Exceptional items

Profit / (Loss) from ordinary activities

10

Tax Expense - Current Tax

11

Net Profit / (Loss) from ordinary

before tax 7-8


activities

after tax 9-10

14

0.00

0.00

(b)

(f)

13

0.00

0.00

Expenses

work-in-progress

12

0.00

0.00

(a)

(c)

0.00

Extraordinary

items (net of tax expense)

Net Profit / (LOSS)for the period (11 - 12)


Paid-up equity share capital (Face Value
of RS.2 - er Share

0.00

0.00

0.00

0.00

0.00

(0.67)

(4.32)

(10.05)

(4.99)

(72.50)

0.00

0.00

0.00

0.00

0.00

-0.67

-4.32

-10.05

-4.99

-72.50

1277.18

1274.48

1277.18

1277.18

1277.18

Mg, Director I Directol

Registered Office: 102, Sanjay Chambers, Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorp.co
Works:

102A. S V. Co-op.. Industrial Estate, IDA Ballaram. Jinnaram (M), Medak, Dist. A. P. Pin: 502 325. Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously

Know as Karuna Cables Limited)

CIN : L33115MH1984PLC121000

Reserves excluding Revaluation

15

Reserves

as per balance sheet of previous

0.00

0.00

0.00

0.00

0.00

accounting Year
16

Earnings per share (before extraordinary

items) of Rs. 2/-each (not annualised):

16

Rs.

(a) Basic

0.00

0.00

-0.01

0.00

-0.11

(b) Diluted

0.00

0.00

-0.01

0.00

-0.11

(a) Basic

0.00

0.00

-0.D1

0.00

-0.11

(b) Diluted

0.00

0.00

-0.01

0.00

-0.11

Earnings per share (after extraordinary

ii

items) of Rs. 2/-each(not

See accornpanving

annualised):

Rs.

notes to the financial

results

I
i
IRs. In lacs)
Quarter ended
3 Months
Particulars

ended

Preceding 3
Months

30.09.2016

ended

30.06.2016

. ..

.,

Nine Month

Corresponding
Months

ended

30.09.2015

revious

ended

Year Ended

Year to date
figures for current

31st March,

in the

year ended

2016

ear

30.09.2016

.,

. ..

53324325

53324325

..

A PARTICULARS OF SHAREHOLDING
1

Public Shareholdinz
Number of Shares

53324325

Percentage of Shareholding

2 Promoters and Promoter

53324325

83.50

53324325
83.50

83.50

83.50

83.50

Group Shareholding

Pledged/Encumbered

Nil

Nil

Nil

Nil

Nil

N umber of Shares
Percentage of Shares(as a % ot

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

a)

the total share holding of


promoter and promoter group)
Percentage Dr$haresTas a % of
the total share capital of
the company)
b)

Non-encumbered
Number of Shares
Percentage of Shares(as a % of

10534675

10534675

10534675

10534675

10534675

100.00%

100.00%

100.00%

100.00%

100.00%

16.50%

16.50%

16.50%

16.50%

16.50%

the total share holding of


promoter and promoter group)
ercen age o' ~r arestas a 70 0
the total share capital of
the company)

..

I
I

Particulars

3 months ended 30.09.2016

Pending at the beginning of the quarter

Nil

Received during the quarter


Disposed of durlnz the quarter
Remaining unresolved at the end of the

Nil

quarter

Nil

Nil

F"'GlOBUSC~
Mg. DIrector I Director

Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-23873609
Email :mumbai@globuscorp.co
Works:

102A, S. V. Co-op.. Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dis!. A. P. Pin: 502 325. Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously Know as Karuna Cables limited)
CIN : L33115MH1984PLC121000
Reporting of Segment wise Revenue, Results and Capital Employed, under Clause 41
of the listing Agreement
(Rs. In lacs)
Particulars

Quarter ended
Corresponding
3 Months
ended
30.09.2016

Unaudited
1

Segment Revenue
a Manufacturing
b Trading
c Un-allocated
Total

3 Months

Months

ended

ended

30.09.2015 in

30.06.2016

the previous

Audited

Unaudited

Year to date
figures for
current year

31st March,

ended

2016

30.09.2016
Unaudited

Audited

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00

0.00

0.00

0.00

0.00

Less: Inter segment revenue

0.00

0.00

0.00

0.00

0.00

Net sales / Income From Operations

0.00

0.00

0.00

0.00

0.00

0.00
-1.46

0.00
-4.32

0.00
-10.05

0.00
-5.76

-28.99
-58.53

Total

-1.46

-4.32

-10.05

-5.76

-87.52

Less: i) Interest

-0.02

0.00

0.00

-0.04

-0.03

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

15.05

-1.48

-4.32

-10.05

-5.80

-72.50

-85.24
-28.88

-85.24
-27.41

(201.16)

-85.24
-28.88

0.00
-114.12

0.00
-112.65

Segment Results
(Profit (+)/Loss(-) before tax and
interest from each segment
a Manufacturing
b Trading

ii)Other unallocable expenditure


Add: iii) Un-allocable income
Total Profit / (loss) Before Tax
3

Preceding 3

Year Ended

Capital Employed
(Segment assets-segment Liabilities)
a Manufacturing
b Trading
c Un-allocated
Total

127.35

5.66

0.0

-68.15

-114.12

(85.24)
(26.72)

0.00
-111.96

Notes:
1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at
their meeting held on 4th November, 2016.
2. The Company has Two Segment as per Accounting Standard - 17 of ICAI.
3. Previous periods figures have been regrouped, where ever required.
4 Depreciation in the Fixed Assets are provided at the year end, as the manufacturing activity was closed
during the year.

Place: Mumbai
Date: 04.11.2016

Dr. Mahendra Shah


Mg. Director

Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorpco
Works:

102A, S. V. Co-op., Industrial Estate, IDA Baliaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502 325. Ph.: 09394204555

GLOBUS CORPOORATION LIMITED


(Previously Know as Karuna Cables Limited)
CIN : L33115MH1984PLC121000
STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER, 2016
(Rs.in lacs)
PARTICULARS
As at 30.09.2016
As at 31.03.2016
Unaudited
Audited
A

EQUITY AND LIABILITIES


1. SHAREHOLDER'S FUND
1.1 Share Capital
1.2 Reserves & Surplus
Sub Total

1,277.18
(1,184.21)
92.97

1,277.18
(1,174.13)
103.05

Sub Total

360.09
76.14
436.23

360.10
72.21
432.31

Sub Total

12.60
20.10
32.70

8.57
19.10
27.67

TOTAL EQUITY AND LIABILITIES

561.90

563.03

2. NON CURRENT LIABILITIES


2.1 Long Term Borrowings
2.2 Other Long Liabilities

3. CURRENT LIABILITIES
3.1 Trade Payables
3.2 Short Term Provisions

B ASSETS
5. NON CUREENT ASSETS
5.1 Fixed Assets
5.1.1 Tangible Assets
5.2 Non Current Investments
5.3 Deferred Tax Assets (Net)

171.26

171.26
0.16
215.01
386.43

Sub Total

206.29
377.55

6. CURRENT ASSETS
6.1 Inventories
6.2 Trade Receivables
6.3 Cash and Cash Equivalents
6.4 Short Term Loans & Advances
Sub Total

121.74
4.52
58.09
184.35

121.74
1.31
53.55
176.60

TOTAL ASSETS

561.90

563.03

For

GlOBUSCORP~tATK*
Mg. Director I Director

Registered Office: 102, Sanjay Chambers, Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorp.co
Works:

102A, S. V. Co-op., Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502 325. Ph.: 09394204555

Firm Regd No.: 115175W


Email: sandipdoshi99@yahoo.co.in
Website: www.sandipvdoshiandco.com

_____

San dip V. Doshi


B.Com, F.C.A.
M.: +91- 98208- 01099

SANDIP V. DOSII & (0.

-----------------------

CHARTERED ACCOUNTANT

LIMITED REVIEW REPORT


TO WHOMSOEVER
RE: GLOBUS

IT MAY CONCERN

CORPOORA

TION LIMITED

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


Corpooration
Limited for the period ended 30th September, 2016. This statement is the
responsibility of the Company's Management and has been approved by the Board of Directors/
committee of 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,
Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of
India. This standard requires that we plan and perform the review to obtain moderate assurance
as to whether the financial statements are free of material misstatement. A review is limited
primarily to inquiries of company personnel and analytical procedures applied to 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.
Based on our review conducted as above, nothing has come to our attention that causes us to
believe that the accompanying statement of unaudited financial results prepared in accordance
with applicable accounting standards and other recognised accounting practices and policies has
not disclosed the information required to be disclosed in terms of Clause 41 of the Listing
Agreement including the manner in which it is to be disclosed, or that it contains any material
misstatement.
FOR SANDIP V. DOSHI & CO.
Chartered Accountant

/v.~,
Place: Mumbai
Date: 04.11.2016
Mumbai Off: Off No. 23, 3rd floor, 241-243,
Maharaja Bldg., Opp.St.Teressa Church, Girgam,
Mumbai - 400004.

Te/.: +91- 22- 2380 4002

(SANDIP V. DOSHI)
Proprietor M. No.: 048949
Kandivali Off. : G-l, Jyoti Plaza, lA' Wing,
Gr. Floor, S.V. Road, Kandivali (West),
Mumbai - 400067.

M.: +91-9930280054