November 15,2016

To
The Listing Manager
Bombay Stock Exchange Limited

To
The Listing IV1[anager
National Stocl< Exchange of India Limited
Mumbai,

PJ Towers, Mumbai

Dear Sir,

Sub: Outcome of the Board Meeting -Un-audited financial results for the quarter ended 30
September,20l6
Ref: Notice of Board Meeting dated November 3,2016
i<

:t

{<

{<

We wish to inform that meeting of the Board of Directors held on today i.e. l5 November 2016
inter alia has considered and approved the following:

1.

The Un-audited Financial results for the Quarter ended 30 lieptember 2016 on Standalone
basis which have been reviewed by the Audit Committee pursuant to Regulation 33 of
SEBI (Listing Obligations and Disclosure Requirements) ttegulations, 2015. please find

enclosed Un-audited Financial results for the Quarter ended 30 Septern6er 2016 on
Standalone basis together with Lirnited lReview of Statutor;r Auditors of the Company,

The meeting of the Board of directors commenced at 05.30 P.M. and concluded at 6.50 p.M.

Thanking you,
For Proseed India Limited

DVSPrakashRao
(DIN: 03013165)
Whole Time Director &CEO

Proseed India Limited

(Formerry known as

GrcenFire

commodities Ltd.)

CIN: L01403TG2002PLC039 | | 3

SARATH 8i ASSOCI.ATES
CHA RTE

RF]

D ACCO I.iN'r;T ]Y'rS

To
The

_Board of Directorr
Prosed lndla Llmited

nyoerabad

ffi"tffT.T,ff"ffifiil:,,1T"J;fJ.H1:,:T,J;1il:ff"'fi,H:'f*;i*.frTffnv
c.oT.p"fling Statenrents

of

pu*urnr io

,hc

Unaudited Standalone Financial Resulrs

India Limited for the quafler una

t"rrye'

"no.JJo,n-sef,ienrber,

2016.

approved by rhe Board

of Dir
oitsed on our review.

2.

3.

We
.Re
the
ned
by t
review to oblain moderate assurance
,. ,o
a
rv ,nn.ril
wrsrner rne
the Frnanci
Financi
Misstatement,

review

financial

according

trfi:
atenal

to inquiries of company personnel

and arralyical procedure
applied to
'}'n:,ijrr*,"1T tfu ;'A;;i.'-w" r'u"., no, p.rio*.Jan

4,

Based on our review cond

that thc accompanying Sta
year ended 30e September,
specified under Secfion 133 of
and Policies has not disclosed t
Listing Regularion, 2015 inclu
Misstatement.

Hyderabad
|

2410'

5e Novembe r, 2016

HEAD OFFICE: 4th Ftoor, Maas )'leights' &2'57

Phone : +91 40 23354322, 23357090, Fax: 233567
XUMBA, : ldian Globe Chambrs, 4th Floor, 0N Road, Mumba

aud* and

PROSEED INDIA LIMITED

( formerly Green Fire Agri Commodities Limited)
CIN : L01403TG2002PLC0391 13
Flat No: 302, Lotus Block, Block-B, Sandy Springs, Manikonda, Ranga reddy Dist, Telangana, Hyderabad- 500 089
STATEMENTOF UNAUDITEDRESULTSFORTHE QUARTERANDSIXMONTHSENDEDJOSEPTENTBER2OI6
In

Three months ended

st.

PART'ICT]LARS

No

30.09.20t 6

30,06.201 6

JU.U9.2UI 5

ited

Unaudited

tl na ud ited

[J na ud

Income from operations

a) Income from operations
b) Other operating income
Total income from operations
a

J
4
f,
6
7
8
9

Other income
Profit/(Loss) from ordinary activites before finance costs (3 + 4)

33 66

35

tl

66 20

15.93

33.66

35.1 I

66.20

l8

16 24

14 80

3t

32 64

6t

49

ti

l0

94

12

l3
t4
t5
t6

42

878

841

699

022

022

558

022
804

384

29.16

32.9 |

25.8s

t3 62
62.66

(e,e2)

(29.00)

(r

s.471

lr.s3)
t2 36

I7 t8
044

t3

044
892
5s.t 3
( 20.02)

Net ProfiU(Loss) from ordinary activities after tax (9 - | 0)

Extra-ordinary items
Net profit/(loss) for the year (l I - l2)
Paid - up equiry share capital t'ace value
I r each
Reserves (excluding revaluation reserve and debenture redemptton reserYe)
Earnings per share for the period (in {) per l/- share
a) Before Extra-ordinary iterns

089
|

28 66
2l .98

(5s.78

ll0

039

| s.081

(9.e2)
67 65

(2s.89)

t2 39
(27.41)

(28.61 )
24 75

(77.s7)

(2s.8e)

(21.47)

(2s.8el
(2s.891

(s3.36)

20.02)
t46 58
(166.60)

(s4.48'
204
(2s8.s9'

(77.57)

(s3.36)

(|

66.60)

(2s8.s9'

(21,41]

(11.s1)

(s3.36)

66.60)

(258.s9

(71.571
971 9.1

s3.36)
9't3 94

l 66.60)

973 94

(27.41',
973 94

(0 03,
(0 03,

(0 031
(0 031

(0 08)
(0 08)

(0 06)
(0 06)

(0 03.

(0 o3l

(0 03.

(0

(0 08)
(0 08)

(0 06)
(0 06)

l0 Tax exoense
t1

Au(lrte(l

r7.44

Exceptional items

Profit(Loss) from ordinary activities before tax (7 - 8)

3t.03.20t6

16.23

039
(

Year ended

J0.09.20t 5
U na ud ited

t5 93

(|].s3]

Finance costs

Profit/(Loss) from ordinary activities after finance costs (5 - 6)

JU.09.Z0t 6
tl na ud i ted

I7 44

15

Total expenses
Profit/(Loss) from operations before other income, finance costs (l-2)

lakhs except share data)

23

t6

Expeoses
a) Purchase of stock-in{rade
b) Changes in inventory ofstock-in-trade
c) Employee benefits expense
d) Depreciation and amortisation
e) Other exDenditure

Six months ended

973 94

- Basic
- Diluted

031

261 58
(520. | 7
973 94
(3. | 99 45

(0

17)

(0 27

(0

17)

(0 27

(o t7)

(0 54
(0 54

b) After Extra-ordinary items

- Basic
- Diluted

il

(0 r7)

(NDh-x

Z-</,

Proseed India Limited formerry known

as

GreenFire

commodities Ltd.)

No. 302, Loos Blocb Block-B, Sandy Springs, ManikondaVillqge, Ranga Reddy
| 3 2021 66, Emaih support@proseedindia.in, www.proseedindia.in

Tel:

Dist.,Tel

GIN: L0 1 403TG2002PLC039 |
na,

Hyderabad-gg.

EQUITY AND LIABILITTES

Shareholders' funds
Share capital
Resewes and surplus

Sub-total Shareholder' funds

Non-current liabilities
Long term provisions
Sub-total Non Current liabilities

Current liabilities
Short-tem borrowing

2.t75 7s
t33 72

Trade payables
Other current I iabilitres
Short lerm provisions

130 29

Total Equity and liablitis

ASSETS
Non current assets
Fixed assets
- Tangible assets
Long

tem loans and advances

Current assets

Non

ent assets
Trade receivables
Cash and cash equivalents
Short term loan and advances

Notes

tTheaboveunauditedfnancia|resu|tsfoIthequarterand
meeting held on l5 November 2016. The Statutory Auditors have carried out a Limited Review ofthe flnancial results lbr the quarter and six mo hs ended j0 September
2016
2 The primary business segment of the Cornpany is "seed trading" As the Company operates in a single business segment, separate segment disclosure under Clause 4 | of the
Listing agreement is not relevant

3 Previous periods ligures have been regrouped and rearranged whereever

necessary

for and onbehalfofthe Board ofdirectors of

Prosoed India Limited

Place: Hyderabad

D. V.S. Prakash Rao

Date :l5November20l6

Prcseed India Limlted formerly

Wholetime Director & CEO

known as

GreenFire

commodities Ltd.)

CIN: L0 | 403TG2002PLC039 |

|3