A :@

MEGASOFT LIMITED
CIN : 172200TN1999P1C042730
Block "A" Wing 1, Level 5 & 6, Cyber Gateway
Madhapur, Hyderabad - 500081

Tel

Telangana, India.
+91 (40) 4033 0000; Fax : +91 (40) 4013 3555
website : www.meoasoft.com

Date: 14.11.2016
BSE

Limited

National Stock Exchange of India Limited

Phiroze JeeJee Bhoy Towers

Dalal Street, Fort

Exchange Plaza

Mumbai400001

Mumbai400051

Scrip Code: 532408

Symbol: MEGASOFT

Bandra-Kurla Complex, Bandra(E)

Dear Sirs,
Sub: Outcome of the Board Meeting held on 14th November,2016

In pursuance of Regulation 33 of SEBI Listing Regulations 2015, this is to notify that at the meeting of the Board of
Directors of the Company held today i.e. Monday, the 14th day of November, 2016 at the Corporate Office of the
Company, the Unaudited Financial Results of the Company (Standalone & Consolidated) for the quarter and half
year ended September 30,201,6 have been approved by the Board.
In

this regard the following documents are enclosed:

L.
2.

Unaudited Financial Results along with Statement of Assets & Liabilities (Standalone & Consolidated)

Auditors' Limited Review Report

An extract of the said financial results is being released in the newspapers in compliance with the SEBI Listing
Regulations.
,For MEGASOFT LIMITED

Company Secretary & Compliance Officer

Regd. Office : 85, Kutchery Road, Mylapore, Chennai - 600 004. India. Tel : +91 (44) 246L 6768; Fax

: +91 (44) 2461 78LO

Megasoft Limited
Registered Office: #85, Kutchery Road, tvlytapore, Chennai, Tamilnadu 600004 India
Corporate Office: Block 'A', Wing 1, Level 5 & 5, Cyber Gateway, l!!adhapur, Hyderabad -

5OOO81,

Telangana, India

consolidated unaudited Financlal Results for the euarter and Half vear ended on 30.09.2016
CIN: L72200TN'f999PLC042730, Phone: +91-44-24616768, Fax: +91-44-24617810, Email: investors@megasoft.com
Part

(Rs.) In Lacs

QUARTER ENDED

S.No

Particulars
ncome from operations
a) Net Sales / Income From Operations (net o
:xcise Duty)

YEAR TO DATE FIGURES

30.09.201 6

30.06.201 6

30.09.201 5

30.09.201 6

30.09.20 1 5

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Year Ended 31.03.2016

(Audited)

1,456.95

'1,450 00

1,430 00

2,906.95

2,845.00

1,456.95

't,450.00

1,430.00

2.906.95

2,845.00

6,568.00

64.55

63 00

1,47 Q0

L47.35

289 00

406 00

l) Employee benefits expenes

499.48

472 00

504.00

97r 48

981.00

2607 0(

)) Depreciation and amortisation exoenses

168.22

164 00

199.00

332 22

393.00

670 0(

) Other expenses

583.25

543 00

595.00

Ltzb,2>

1,183 00

2001 0(

1,335 30

1,242.00

'l,44S.OO

2,577.30

2,846.00

6568 0(

b) Other Operalinq Income

fotal Income from operations (net)

2

:XPenSeS

r) Cost of materials consumed

)) Purchase of stock-in{rade
,/ wr rdr rgss il | il rvcr rLUr tgs ut lillslteq
n-progress and stock in trade

gooqs, wotK

lotal Exoenditure
Profit / (Loss) from operations before other
ncome- interest and exceotional item fl -rl

5,684.00

121.65

208.00

(15 00

329.65

Ither Income / (Loss)

735.00

800

25.00

41.00

856 64

21

6.00

10 00

966 00

109.0s

184 00',

(390 00

(787 ool

)roflt / (Loss) from ordianry activities after

'inance cost but before exceptional items (5

(202 00

1,072.64
(293 0s)

40.00

,rofit / (Loss) from ordinary activities before finance

:ost and erceotional items 13 + rll
:inance costs

743 00

747.59

32.00

(1

92.001

779.59

(3s0.00

I 79.00

747.59

32.00

192.00)

779.59

(3s0.001

179.00

(1.001

(11 00

14 00

(48.00)

9
10

fax expense

11

7+81

14

l5
6
17
18

'19

82 0(

11 00

{et Profit / (Loss) from ordlnary activities after

aY lq + {nl
xtraordanary items (net

12

13

884 00

-xceotional ltems
'rofit / (Loss) from ordinary activities before ta)

1 001

of tax exp

Rs

747.59

21.00

193.00

768.59

(335.001

'131 00

747 59

21 00

(193 00

768 59

(336 oo

131 00

Lakhs

,let Profit / (Loss) for the perlod (1 1 +'1 2)

Share of profit / (loss) of associates*

Vlinority interesl
let Profit / (Loss) after taxes, minority
nterest and share of profit / (loss) of
rssociales 113 + 14 +'l5l
taid-Up Equity Share Capital of Rs 10 Each
leserve Excluding Revaluation Reserves as per
Salance sheet of Previous accountino vear

747.59

193 00

768.s9

44,26,72,930

44,26.72,930

21 00

44.26.72.930

44,26,72,930

8,409.82

7,663.00

10,314.00

(336.00)
44,26,72,930

8,409.82

10,314.00

131

.00

44,26,72.930
8359 21

tems) (of'10/- each) (not annualised):

a) Basic

16!

0.05

(0.44

1.74

(0.76

0.30

(b) Diluted

1.59

0.05

(o 44

t.74

(0.76

0.30

16!
16!

0.05

(o 44

t74

(0.76

0.30

0.05

(0.44

t74

(0.76

0.30

Earnangs per share (after extraordinary

temsl lof
19

'10,1-

eachl lnol annualisa.ll'

(a) Basic
b) Diluted

{otes:
1 The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 14th November, 2016, an(
are published in accordance with the SEBI (LODR) Regulations, 2015
I lheLompanyhasaslnglereportablesegment,thatotTelecom.Accordingly,AccountingstandardlTon"SegmentReporting"issuedbythelnstituteofCharterer
\ccountants of India is not aoolicable

3. The above figures have been prepared in accordance with the principles and procedrues as set out in Accounting Standard-21 on 'Consolidated Financia
Statements' issued bv the Institute of Chartered Accountants of lndia
4. Pursuant to the provisions of the SEBI Listing Regulations, an extract of standalone financial results is being published in the newspapers The standalone unauditec

financial resultswill bemadeavailableonthecompany'swebsitei.e.,athttp://megasoft.com/investor-services.html

i.e., www.bseindia com and www.nseindia.com

andalsoonthewebsitesofthestockexchanppt

The Other Income for the Quarter ended 30.09.2015 includes Rs.734 Lacs which oertains to the orofit on sale of immovable orooertv of the comoanv

For Megasoft Limited

Hyderabad
14.11.2016

G V Kumar
CEO

& Managing Director

TN Rajendran & Co.

Srikanth & Shanthi Associates

New No.2, Old No.25, 1st Floor

Chengalvarayan Street, Shenoy Nagar,
Chenna i 600030, r el 9I-44-25640640

New No.17, Old No,9, 1st floor

Desika Road Chennai 600004
Tel e/ Fax : +9 7-44 -24652419 I 42108419

Chartered Accountants

to
Board of Directors of Megasoft Limited

Limited for the period ended 30 september 2016

we have reviewed the consolidated financial results of Megasoft
requirement of Regulation 33 of the sEBl
herewith, being submitted by the company pursuant to the

attached

financial results have been

and Disclosure Requirements) Regulations, 2015. These consolidated
of the company's
responsibility
the
are
nsolidated interim financial statements, which
such consolidated
of
review
our
on
based
responsibility is to issue a report on the statement
measurement
and
recognition
the
with
in accordance
interim financial statements, which have been prepared
under
mandated
34)'
AS
Ind
(As
25
Reporting
/
principles laid down in Accounting standard for Interim Financial
of
chartered
Institute
the
by
or
thereunder
rules issued
section 133 of the companies Act, 2013 read with relevant
generally accepted in India'
principles
accounting
other
and
applicable
as
India,
Accountants of

(Listi
prep
man

require that

generally accepted in India. Those standards

we reviewed in accordance with the auditing standards
about whether the consolidated financial results
we plan and perform the review to obtain reasonable assurance

personnel and analytical

is limited primarily to inquiries of company
are free of material misstatement(s). A review
not performed an audit
have
we
than an audit.
applied to financial data and thus provide less assurance
procedures

and accordingly, we do not express an audit opinion'

information of foreign subsidiaries have been considered

These interim financial statements and other financial
based on unaudited financial statements'
consolidated
and according to the explanations given to us these
In our opinion and to the best of our information

to date results:
financial results as well as the consolidated year
Regulation 33 of the sEBl (Listing obligations and
are presented in accordance with the requirements of
regard; and
Disclosure Requirements) Regulations,2OL5 in this

(i)

(ii)

financial information for the period ended

give a true and fair view of the consolidated net profit and other
30 SePtember 2016.

For M/s Srikanth & Shanthi Associates

Partner
Place: Hyderabad
Date: 14 Nov 2015

For M/s T N Rajendran & Co.

FRN 0os080sl
Chartered Accou

Pa

rtner

Megasoft Limited
Mylapore,

lndia

Corporate Office: Block,A,, Wing 1 ,Leve|5&6,cyberGateway,|VadhapUr,Hya","u"a-5oooe

Standalone Unaudited Final

CIN: L72200TN1999P1C042730, Phone
lRs.l ln Lacs
QUARTER ENDED
S.No

30.09.201

Particulars

,]

(Unauditedl

ncome from operations

a) Net Sates / Income From Operations (neaa
:xcise Duty)

813

30.06.201

(Unaudited)

YEAR TO DATE FIGURES

30.09.201 5
(l,Jnaudited)

30.09.201 t

30.09.201

(Unaudited

(Unauditedl

r) Cosl of materials consumed

r) Purchase of stock-in-trade

31.03.201

(Audited)

91

651 00

746 00

1 464 91

1.503 00

3,004 00

813.91

651.00

746.00

't,464.91

1,s03.00

3,004.00

b) Other Operatinq Income

fotal Income faom operations (netl

:xpenses

Year Ended

84 35

89 00

84 35

231 00

348 00

1,527 00

,/ wilailgEs I r il rvsilruilss 9t ililtsneq gooqs, worK

n-progress and stock in trade
J)

Employee benefits expenes

Depreciation and amortisation exoenses

) Other exoenses

Total Expenditure
Profit / (Loss) from operations before other
ncome. interest and exceotional itrm 11-21
Jther Income / (Loss)
trofit / (Loss) from ordinary activities before

4
5

6
7

357 00

364 00

731 't3

721 00

16 45

12 00

16 00

28 45

31 00

64 00

297 53

203 00

232 00

500 53

421 00

820 00

772.46

572 00

70

t.00

1,344.46

1,404.00

2,759.00

41.45

79.00

45.00

't20.45

99.00

245.00

735 00

600

23 00

741 00

43 00

85 00

68.00
(53 001

861 46
(71 63

142.00

(114 0o

330.00
(240 00)

inance cost and exceotional items t3 + 4t

776.46

:inance costs
)rofit / (Loss) from ofdianry activities after
inance cost but before exceptional items (5

(20 63

85.00
(s1 00)

755.83

34 00

15.00

789 83

28.00

34.00

15.00

789.83

28.00

90 00

15 00

(48.00.

rAl

374 13

90 00

:xceptional ltems
Drofit /
{Loss) from ordinary activities before

:ax(7+81

755.83

ax ex0ense

10

(11.00

(1

1 001

let Profit / (Loss) from ordinary activities after

1'l

ax l9 + 1Ol
:xtraordinaryitems(netoftaxexp

12

Rs

{et Profit / (Loss} for the period (1 1 +1 2}

ihare of profit / (loss) of associates*
Minority interest
Net Profit I (Loss) after taxes, minority
interest and share of profit / (loss) of
associafes l'13 + 14 + 151

IJ

'14
15

to

raid-Up Equity Share Capital of Rs 10 Each

ieserve Excluding Revaluation Reserves as per
Salance sheet of Previous accountino vear

17
18

755 83

23.00

15,00

778.83

43 00

42.00

755.83

23 00

15.00

778.83

43.00

42.00

Lakhs

755.83

23.00

15.00

778.83

43.00

42.00

44,26,72,930

44,26,72,930

44,26,72,530

44,26,72,930

44,26,72,930

44,26,72,930

10,868.93

10,1 12.00

12,831 .00

0,868.93

12,831 .00

171
171

0.05

0.03

1.76

0.10

0.10

0.05

0.03

176

0.'t0

0.10

pcr -rrars luErutE E^(rdgtutrtdly

10.090.80

tems) (of'10/. each) (not annualised):

19

a) Basic
b) Diluted

Earnings per share (after extraordinary

temsl

19

{otes:

(of'10^ eachl (not annualisedl:

a) Basic

't.71

0.05

003

1.76

0.10

0.10

b) Diluted

1.71

005

0.03

1.76

0.10

0.10

The above financial results have been reviewed by the Audit committee and approved by the Board of Directors at its meeting held on L4th November, 20L5,
anc
are published in accordance with the SEBt (LODR) Regulations, 2015
l lhe Company has a single reportable segment, that of Telecom. Accordingly, Accounting Standard 17 on "Segment Rep
1'.

\ccountants of India is not aoolicable

The above figures have been prepared in accordance with the principles and procedures as set out in Accounting Standard on 'Financial Statements'issued bv
tnr
nstitute of Chartered Accountants of India

4.PursuanttotheprovisionsoftheSEBlListingRegulations,anextractofstandalonefinancialresultsisbeingpublishedinthenewspapers
Thestandaloneunauditer
financial results will be made available on the company's website i.e,, at http://megasoft com/investor-services.html and also on the websites of the stock exchanser
i e., www.bseindla.com and www.nseindia com

i. The Other lncome for the Quarter ended

30.09.

h pertains to the profit on sale of immovable propertv of the companv

Hyderabad
14.1't.20't6
G V Kumar
CEO & Managing Director

\;/

TN Rajendran & Co'

New No.2, Old No.25, 1st Floor
Chengalvarayan Street, Shenoy Nagar
Che n na i 600030 F el 9t-44-26640640

Srikanth & Shanthi Associates

New No.17, Old No.9, 1't floor
Desika Road Chennai 600004
Tele/Fax: +9L-44-246624I9 I 42LO84t9
Chartered Accountants

To
Board of Directors of Megasoft Limited

for
of unaudited financiar resurts of Megasoft Limited
we have reviewed the accompanying statement
theperiodended30september2016.Thisstatementistheresponsibi|ityoftheCompany,sManagement
on these financiar
directors. our responsibirity is to issue a report
and has been approved by the Board of
statements based on our review'

WeconductedourreviewinaccordancewiththeStandardonReviewEngagement(SRE)2400'
EngagementstoReviewFinanciaIstatementsissuedbytheInstituteofChartedAccountantsofIndia.This
standardrequiresthatwep|anandperformthereviewtoobtainmoderateassuranceastowhetherthe
to inquiries of
misstatement. A review is rimited primariry
financiar statements are free of materiar
companypersonne|andana|yticaIproceduresapp|iedtofinanciaIdataandthusprovides|essassurance
an audit opinion'
an audit and accordingly, we do not express
than an audit. we have not performed
that causes us to believe
above, nothing has come to our attention
Based on our review conducted as
thattheaccompanyingstatementofunauditedfinancia|resu|tspreparedinaccordancewithapp|icab|e
not disclosed the
accounting practices and policies has
accounting standards and other recognized
Regulations,2015
terms of Reguration 33 of the sEBr (LoDR)
information required to be discrosed in
misstatement'
disclosed, or that it contains any material
including the manner in which it is to be
For

M/s T N Rajendran & Co'

For M/s Srikanth & Shanthi Associates

red Accountants IFRN 0040065]

Chartered AccountantsT[FRN 0050805]

MC Srikanth IM.No' 018588]

T N Rajendran [M.No. 028778]

Pa rtne r

Pa

rtner

Place: HYderabad
Date: 1-4 Nov 2016

Megasoft Limited
Registered Office: #85, Kutchery Road, Mylapore

hennai, Tamilnadu 600004 India

Level 5 & 6, Cyber Gateway, Madhapur, Hyderabad - SOOO81, Telangana, India
cfN: L72200TN1999PLc042730, Phone: +91-44-24616768, Fax: +91-44-24617810, Email: investorsgmegasoftcom
UNAUDITED FINANCIAL STATEMENT OF ASSETS & TIABILITIES

Corporate Office: Block'A', Wing

'1,

Rs. lakhs
STANDALONE

Particulars

As at 30.09.2015

CONSOLIDATED

As at 31.03.2016

As at 30.09.2016

As at 31.03.2016

iquity and Liabilities

ihareholders'Funds

Share Capital
Reserves & Surolus

4,426.73

4,426.73

4,426.73

4.426.73

10,858.93

10,090.80

8,409.82

8,359.21

1s,295.65

t4,st7.s3

12,836.5s

12,785.94

29 04

29 04

29,13

28 93

Vloney received aRainst share warrants

Sub-total - Shareholders' funds

2

;hare application money pending allotment

Miniority Interest
\lon-Current liabilities

a Long-term

borrowings

b Deferred tax liabilitv (net)

fther long-term liabilities

d -ong-term provisions

155.33

155,33

1f,D.55

155.33

185.36

185.37

185.45

185.26

Short-term borrowinas

1.s05.33

r,670.77

4,585.11

9,809.76

Trade payables

I,222.O2

t.465.r7

2,970.42

3,188.15

524.67

247.s4

2,463.74

2,730.97

>t.)t

97.52

9r.41

91.40

3,475.94

10,110.69

t5,220.29

23,t32.69

28,191.50

Sub-total -Non-Current liabilities

:urrent liabilities

Other current liabilities

Short-term orovisions
Sub-total -Current liabilities
TOTAL - EQUITY AND LIABILITIES

3,343.54
18,824.56

18,178.83

t,243.75

6,053.30

\SSETS

Ion-current Assets

a :ixed Assets

ioodwill on consolidation
Non-current investments

4,1.54.67

9,2r5.84

10,157 50

10,157 50

5,517.08

5,517.08

6,860,83

tL,670.38

14,3t2.17

L9,373.34

3,781..57

3,2t 4.97

6,475.43

5,501.19

393.07

253.08

1.005.70

514.16

7,789.O9

2,980.46

1,339.4s

1,802.80

d Deferred tax assets (Net)

e Long

Term Loans & Advances

Jther non-current assets

Sub-total -Non-current Assets

:urrent Assets
:urrent investments

nventories

cl Irade receivables
dlCash and cash eouivalents

el ihort-term loans and advances

f Ither current asset
Sub-total -current Assets

11,963.73

6,508.4s

TOTAT - ASSESTS

18,824.56

18,178.83

8,820.58
23,L32.69

8,818.16
28,191.50

derabad
1 1

.2015

G V Kumar
CEO

& Managing Director