new doc 2018-08-11 (1) · 2018. 8. 13. · key business updates and result highlights (q1fy2018-19)...

10
Bx inine sub 5 'on August ll. 20l8 To. To, The Manager The Manager Bombay Stock Exchange Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, C/l, Block G Phirozee Jeejeebhay Tower Bandia Kurla Complex Dalal Street. Fort. Bandra (East) Mumbai-400 OOI Mumbai-400 05| BSE Scrip Code2533260 NSE Symbol: careerp Dear Sir/Madam. Sub- i . Out: 2 of Board Mee in e d on Au us: I I 10m. - ' ancial Results for uarter ended une 3 ii Intimation of Book Clo ure AGM oft n Cut-off date for E-voting This is to inform you that in the meeting of the Board oi Directors of the Company held on Saturday, August II, 20l8 at its Registered Oifice. the Board inter alia has transacted the following businesses: I. Considered and taken on record Standalone and Consolidated Unaudited Financial Results (Statement) (or the quarter ended June 30, ZOIB‘ 2. Considered and Izken on record the Limited Review Report for the quarter ended june 30, 20l8: 3. Considered and approved advertisement for publication ol Financial Results in HT Mint (English Daily), Rashtriya Sahara/Iansatta (Hindi Daily) and Nafa Nuksan (Hindi Daily). Full format of the Financial Results for the quarter ended 30'“ lune 20|8 shall be available on the website of the Stock Exchange where shares of die Company are listed i.e. moseindiacom: www.bseindia.com and on company's website Mgpiljn 4. Annual General Meeting (or the financial year ended March 3|, ZOIB will be held on September 26, 20l8 at 4 pm at CP Tower-2, IPIA, Road No.|, Kota. Raiasthan and the notice for the same approved. The Annual Report for the Financial Year 20l7-l8 of the Company would be sent to the Stock Exchange in due course. pursuant to regulation 34 of SEBI (Listing Obligations and Disclosure requirements) Regulations. ZOIS. 5, The Register of Members & Share Transfer Books of the Company will remain closed from September 19, 20l8 to September 26, ZOIB (both days inclusive) (or the purpose oi Annual General Meeting (AGM) of the Company to be held on September 26, 20l8t 5. Pursuant to the provisions ol regulation 44 of SEBI (Listing Obligations and Disclosure requirements) Regulations. 20l5 as well as Section [08 of the Companies Act, 10|3 read with the Companies (Management and Administration) Rules. 20H, the Company is offering e-yoting iacility to all the shareholders of the Company and fixed September IB, ZOIB as the cut-off date for the same During the period of e-yotinx, members of the Company holding shares either in physical form or in dematerialised form. as on cut-off date, may cast their vote electronically. uw/~ fllnlflund 5 Camera" Mfioa: Career Pnim limited, CF Tower, hold No.1.lPlA, Kma (Haj) - 324005 | Ph: +Ql-74HUIDDHO, 5630500 Cnrpvma Identification Number (CIN): L7ZZDBRJZGDDPLCDl517Z Wehsflszwwwmaretrpnintacin | E-rnaih [email protected]

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Page 1: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

Bx inine sub 5 'on

August ll. 20l8

To. To,The Manager The ManagerBombay Stock Exchange Limited National Stock Exchange of India Limited

Corporate Relationship Department Exchange Plaza, C/l, Block G

Phirozee Jeejeebhay Tower Bandia Kurla ComplexDalal Street. Fort. Bandra (East)Mumbai-400 OOI Mumbai-400 05|

BSE Scrip Code2533260 NSE Symbol: careerp

Dear Sir/Madam.

Sub- i . Out: 2 of Board Mee in e d on Au us: I I 10m. -

'

ancial Results for

uarter ended une 3 ii Intimation of Book Clo ure AGM oft n

Cut-off date for E-voting

This is to inform you that in the meeting of the Board oi Directors of the Company held on

Saturday, August II, 20l8 at its Registered Oifice. the Board inter alia has transacted the

following businesses:

I. Considered and taken on record Standalone and Consolidated Unaudited Financial

Results (Statement) (or the quarter ended June 30, ZOIB‘

2. Considered and Izken on record the Limited Review Report for the quarter ended june30, 20l8:

3. Considered and approved advertisement for publication ol Financial Results in HT Mint

(English Daily), Rashtriya Sahara/Iansatta (Hindi Daily) and Nafa Nuksan (Hindi Daily). Full

format of the Financial Results for the quarter ended 30'“ lune 20|8 shall be available on

the website of the Stock Exchange where shares of die Company are listed i.e.

moseindiacom: www.bseindia.com and on company's website Mgpiljn

4. Annual General Meeting (or the financial year ended March 3|, ZOIB will be held on

September 26, 20l8 at 4 pm at CP Tower-2, IPIA, Road No.|, Kota. Raiasthan and the

notice for the same approved. The Annual Report for the Financial Year 20l7-l8 of the

Company would be sent to the Stock Exchange in due course. pursuant to regulation 34

of SEBI (Listing Obligations and Disclosure requirements) Regulations. ZOIS.

5, The Register of Members & Share Transfer Books of the Company will remain closed

from September 19, 20l8 to September 26, ZOIB (both days inclusive) (or the purpose oi

Annual General Meeting (AGM) of the Company to be held on September 26, 20l8t

5. Pursuant to the provisions ol regulation 44 of SEBI (Listing Obligations and Disclosure

requirements) Regulations. 20l5 as well as Section [08 of the Companies Act, 10|3 read

with the Companies (Management and Administration) Rules. 20H, the Company is

offering e-yoting iacility to all the shareholders of the Company and fixed September IB,

ZOIB as the cut-off date for the same During the period of e-yotinx, members of the

Company holding shares either in physical form or in dematerialised form. as on cut-off

date, may cast their vote electronically.

uw/~

fllnlflund 5 Camera" Mfioa: Career Pnim limited, CF Tower, hold No.1.lPlA, Kma (Haj) - 324005 | Ph: +Ql-74HUIDDHO, 5630500

Cnrpvma Identification Number (CIN): L7ZZDBRJZGDDPLCDl517Z

Wehsflszwwwmaretrpnintacin | E-rnaih [email protected]

Page 2: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

7. recommended to the members for approval of Related Party Transactionm. in

compliance of Section IBB of the Companies Act ml? and as required under SEBI

(Listing Obligations and Disclosure requirements) Regulations. zals.

8. Ratification of reappointment of Mls. Lodha & Co., Chartered Accountants, (FirmRegistration No. 30105 [B as the Statutory Auditors of the Company

9. Considered the quarterly compliance: made by the company as per the SEBI (LODR)Regulations, 20 I 5,

lot The Board took note of Investor Grievance Report for the period ended June 30, 20l8t

II. The Board has considered Reconciliation of Share Capital Audit Report (or the periodended June 30, me

The meeting of Board of Directors commenced at 400 pm and concluded at 7.30 pm

Please take the same on records

For Career Point Limited

in iii/flTarun Ku rjainCompany Secretary & Compliance Officer

Enclosed:

I. Key business updates and result highlight: (Ql FYZOlGJ?)2. Financial ResulB for the quarter endedjune 30, 20! 8 (Consolidated & Standalone)3. Limited Review Report (Consolidated a. Stnndulane)

Health!“ in Corporal; Mflu: career Pain! Limited, CF aner, linad Nut I, lPIA, Kim lfial.) - 324005 | Ph: +9l-1M-GOMJOOB, 6630500

carporim ldeniiflnaiiun Number lCIN): L72200HJZDWPlC015272

stsits: wwntcareeipnintaein | E-mail: infn@cpil,in

Page 3: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

Key business updates and result highlights (Q1FY2018-19)

Revenue from Operations‘

19.7~

26.4

EBITDA 3.1 9,4

EBITDA Margin 16% 35%

Profit After Tax 3-5 6.3

Fingngials Updatfi;

> Income from operations for the period (Q1 FY2018—l 9) is rupees 26.4 Crores increased by 17%

(y-o-y) at consol basis on improved pricing and higher income ofNBFC subsidiary.

> Reported EBI'UDA of rupees 9.4 Crores on consol basis with year on year growth of 15% resulted

an EBITDA Margin of 35.7% (Q1 FY2017-18: 36.1%).

> Net income was reported at rupees 6.3 Crores and EPS (Earning per share) of rupees 3.45 on

consol level with y—o-y decline of 9.6% on lower other income and higher salary expenses.

Business Updates:

> Total enrollments were reported at 13,375 (Q1 FY2018: 18,094) including 8,723 in formal

education (Q1 FY2018: 8,641), 8,982 in Tutorial education division (Q1 FY2018: 9,453) and 670

in Preschools.

> A remarkable growth of more than 22% (y-o~y) in higher education enrollments is a result of

increased admissions in both the Universities including Career Point University, Kara and Career

Point University, Hatnllput.

> Enrollment is higher education is growing by way of higher capadty utilization in existing courses

as well as addition of new courses.

Management Outing :

> Tutorial services delivery through franchisee arachool association network has been perfectly in-

line with our strategic plan provide new long-turn growth avenues to the business

> Larger growth in higher education and addition of courses year on year ascertain yowth and

sustainability to the businesses.

)9 The company’s business mix of formal, informal and eelearning is well positioned and

management holds up bullish views on overall business prospects going forward.

mum

> In a positive development; HRD ministry announced on 7thju1y 2018 thatJEEMam and NEET

will now be computer based and held twice a ya: from 2019 over multiple dates, conducted bynewly fonned NTA (National Testing Agency),

> The update is also positive for the established tutorial Players who have “sources to 03:,

computer based assessment environment and multiple course offcgings. There is no change in

syllabus, question format etc and candidates Will be allowed to use best score of the two attempts,

Page 4: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

CAREER POINI nu

Regstereo 011155: c? Iowem. Road No. 1. IFIA. Km, Rllulmn - 524005

CIN-L7zzonmnuonco15272

rel ; «07444040050 Ema“'

5551chle In wmno www.cpH In

UNAUDWED cousounnzn rmmcuu. REsqus FOR THE uuAmER 5710517 on 30.05.2015

ms In 5.5km)

nuanor mm Vur End-d

"mums50/05/2015 5110512015 30075le 7 5110512015

(UnauanedI (Auflllld) (Unaualred) (Audlud)

Revenue‘ Incarne 1mm Opera'mns 2,535.5I 1.575 99 2.251 55 H59 22

'l omen Income 50 as 205,70 37741 1.06537

III Tom anmu (LII) 2.715.117 2,054.55 2.539.” (0.02109

IV Expenses

nosI o1 MaIenaI Cunsumefl 155,05 55.511 12250 744.73

Changes in lnven|ones oI finished goons. work in omgess and

sIock In Irade (10.05) 27,71 {2 55) (133.88

Emuayees Eenefil Emnses 1.001.312 s77 22 517.21 3.4“.“

FInancB CosI 175 77 1:5 55 235 75 654196

DearemaI-m 5 Amumsauon 115.75 111,45 118.86 45541

omer expenses 550.54 45552 455.27 1310.53

15:.“ Expensoe 1,990.52 1,105.54 1,552.95 70118-59

vProm beIore share o1 pmm moss) o1 aseocIau and 15011 725.‘5 575.55 555.40 3.0.050Venture excepllmal nuns 5. st [Ill-IV)

VI Share or profit: (Loss) or AssocIaIe and mm: venlule (0 55) (5,50) [0.12) (615)

VII Prom neIore excepnonal Item mo 15: van 727.77 370.75 111525 5,004.25

VI“ Exceylional Rem - - --

Ix Pmlll belore llx Ivnevm) 727.77 570.75 535.25 0.0042;

x In Expenses

aIcmrenIIax 25305 4275 221,I5 755,42

5) MAT Credit EnIIIemenI (52 55) 125 79) 15,73) 150 79)

c) Deferred 155 (7: 57) 54 52 I74 451 107.47

5) Income Iax Iar eavIIer years 5 as (1245) » 113,72)

Total mes 1mm 74.05 140.97 753.55

XI Prom lnr me neriud 11“) 525.55 255.74 515.01 2,220.57

XII OHIer Camp" Inslve Incumu (mormesy

(A) Ilems 1051 MM run he RedassIerd Io Pmmor Loss. , 5,50 . 2027

(AI) Inoome lax on IIems 0131 mm n51 be RecIassmeo 15 mm or

Loss ~ 11.55) - (1.95)

(a) name (hat WIII :15 Reclassmed la Pram or LL75: . » o 42 .

75131 when compIeIIenswe Income nel oI lax - 5.52 0.42 15.39

xIII 751:1 Comprehenswe Income Ior me period leoxIII 525.55 505.55 555.7: 2,255.25

xxv Pmlil I (Loss) auIIIn-Iahle In 525.55 295.14 595.31 2,220.31

owners 01 me oaIenI 525 07 295,95 592 45 2.215 50

Non cunIroII-ng Inueresl (0 22) (a 22) 2 a: 1 57

xv mher comprenensive lncame annomame ln

Own=rs o1 me parent- 5 52 0 42 15 39

Non ConunIIIng InIeIesI .. _

_

XVI I’m-l comovehenslve Income amouumuo

Owner: oIIne parenI 625 57 303 7a 552 95 2,237.59

Nan ennuoumo InIeresI 1022) 10.22) 2 a: 1 07

xvu Paid-up £11qu Share CapIIeI (ram value (7le 15/. each) 1.51525 1.51529 1.55525 1.515 25

XVIII 1mm 50qu 35.57525

xIx Eamlngs P5! snaIe IEPsI (Rs I Sham)

.) 55s.: EPS-Nalannuallsed 345 12.2:

n) 0001511 555 - NoI annuaIIseo a 45 12.2:

TIA T“o“ .

;

Page 5: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

Segment Wise Revenue. Results. Segment Assets 9 Segmenl LiabilitiesIRS. In Likh)

Particulars nuamrended Year Ended

1919512919 3111512919 summon 21111912919

(Unaudited) (Audited) (Unaudited) (Audiud)1 Segment Revenue (Net Sales Income ironi Segmenl

Educatlon 9 Related Activities Division 105921 1.4735“ 2.12510 9.279.27Financing (NBFC) Diwsion 511.67 422.55 297.30 1.30170Infra Division 4.39 4.35 3.75 17-‘2

Add: Unallacable

Less:lnier Segmenl Revenue (36.95) (24.42) (164.17) (636-17)Net Sales/Income trout Operation 2,539.91 1.115.99 2.291.99 6.95921

2 segment Results Front/(Loss) belore interesiand TaxEducation 9 Related A iivities Divrsion 224.41 (106.18) 295.66 1.353.133Financing (NBFC) Div ibn' 239.59 151.13 23.60 344-06lnira Division

(5.45) (5.74) (9.09) (23.85

Total 492.65 39.21 312.17 1,794.04Less~ Finance Cost 175,77 159.41 95.02 425413Add: Oiher Un-aliocable income Net oi Un-ailocable

mend‘lm450 99 499.99 609.15 1.725.34

Prom beiore Tali (Including share at prom/(loss) oi‘ 25Associates 9 Joint Ventures)

"7'" 279.19 995.29 3’00 ‘

3 Segment Assets

Education 9 Related Aciiviiies Division 15.590 54 15.91999 17.13399 15919.99Financing (NBFC) Division 19.27530 19.59471 12.47272 19.59471Infra Division 9.04927 9,943.97 9515,40 9.943 97unallocated Assels 7.777.12 9.94402 12,999.11 9,944.92Total 59,192.23 52,993.59 52,932.22 52.999.59

4 Segment Llabilities

Edumtion & Related Aciivnies Diwsian 8,335 55 9.949 73 5,539.96 9.940.73

Financing (NBFC) Division 55.29 43.36 4,939 22 49.36lnira Divisinn 774.55 1,777.15 695.35 1.777.15Unallocated Llabilities 555 54 921.92 1,994 43 921 92Total 9,759.95 11,591.19 12,249.95 11,999.15‘

Profit Beieie Tax

Previous period figure: have been regmuped/ [estranged] iecasted wherever cansidered necessary to make them camparabie withcunent period.

The consolidated results oi rhe Company have been ievlewed by the Audit Committee on 9‘” August,

review at the same.

2919 and have been approved bythe Board of Directnis at their meeting held on 11". August, 2018. The Statutory Auditoii at the Company have canled Dul Ilmited

The figuiet oi the quarter ended 3m Mann 2919 are the balancing figure between the audited figures in respect to the full nnancialyear 9 the published figures (or the nine months ending 3m December 2017 which were sublect to the limited review bvthe statutoryauditors.

IND AS 115 Revenue imm the Contact: with Custnmer's, has been made effective from lst April, 2013. The Company has evaluatedthe eflect oi the Same on the consolidated financial results St the lmpan was immaterial.

anod Maheshwari

Dnimnn 9. Managing Direml

,_/.-

Date :-1l/0E/101i!K ’2 (

Flue: K471: (flilislhzn) X

Page 6: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

CAREER POINT LTD

Registered one: CP Ym-1. Road No.1..IPIA.l<n1:.Rajaslhan - 324005

cmnzooluzaonpmounz

Tll : tgl-‘lM-Sluuoun Email: inveslolsoepllkl Wuhllki wwwwnjn

IINAUDI'IED SYANDALONE FINANCIAL RESULTS FOR 1HE QUARTER ENDED ON 30.05.2018

(as. in Lauu )

01mm ended V93? Ended

P'""""":umsmns :lmmm alllasiznn 3110312015

(Unauoli-o) (Almiud) (UH-milled) (Audllld

Revenu-

| lnmme lrorn operations 1.57555 1,551.53 1,751.57 7,155.55

l| alner lnoome 259 25 275.15 294.51 1.110554

lll Tnhl Income (HI) 2.21295 1.55712 2.0553: 5.117.”

IV Expenses

cost or Matenal Consumed 1:5 411 sosu 55 57 we 25

cnanges ln lnventorles o1 anlsneo gaoos. work in progress ano

lraolng goods 2.118 18.56 32 75 (45.55)

Employees 5enent Expenses 537.54 555.55 55557 3.55557

Flnanee cost 135.55 53.55 55 51 303,41

Depredafion 5 Amomsau’un 155.74 153,33 111 01 425 7:

Dmeremellses 534 03 561.82 445.45 1.80190

total Expense5 1,555.05 1.55052 1.55251 5.25112

v Pronllrtl Lose t.) belore tax is exceptional items (Ill-IV) 1:11.55 57,21: 535,42 1,555.11

VI Exumionil items . ..

.

VII Pram beiore tan (v .1. Vi) 531.59 57.2u 513.42 1,555.11

Vlll Tu Expenses

a) Current tax 12: 77 (51 59) 112 on «7.29

b) MAT areoit Enllllement (55 74) (17.71) - {21.15

at nerened lax [57.35) 51.55 25 in 139.50

51 Income tax lot earlier years 5.35 (7 711 - [7 7‘)

Total taxes (15.051 (22.15) 152.55 55550

lx Pmnt farm: Puiud (VII-Vim 352.55 55.55 mm 1.295.71

cutter comprehensive income (Mk o1 taxes)

(A) tit items that will not ha Reclassneolo Front or Loss: 5 5.73 . 5.13

la n In nems inatvnll notbe0" 3§$§r$$e?er15rroes - it”) - It“)

(a) (l) Items inal wil be Reclassneo to Pram or Los; . . . .

0i! lnnarne |ax relating to rtems \hahMH not be_ _ _ .

leclasslfied to Full! or Loss'

x Total outer Comprehensive income. neallax - 3.75 . 3.15

XI Yohl Comprehensivo Income In! [In plriod ( IX *I- X) 352 39 53.33 340.87 1.30145

X“ Paldvup Equity Shale Caplia‘ {Face value cl RS. 10F each) LE|S 29 \.E1E.29 1.513 25 1.81619

xul Diner Equity 35,552.50

le Eammgs Per snare (EPS) (Rs l snaret

at East: EPS - Nn| annuallsed 1 54 u 15 1 55 7 15

at Dlluled EPS . Not annuallsen 1.94 0.49 1 55 7.15

1 Previous period figures nave been regroupeo/ rearranged] recasteo wherever considered necessary to make them compavahlz

with current period.

2 The Company is primarily engaged in the business of'EducaIion and Related anivites‘ and operates in a single business segment.

Accordingly these standalone financial results have been prepared (or the single segment.

3 The standalone results uttne Company have been reviewed by tne Audit Committee on 9‘“ August, 2515 and have been

approved by the Board oi Dlvenurs at 1neir meeting held an 1 August. 2025. The Slammiv Auditors u! the Company have

carried out I'lm'lted review at llte same.

4 The figures of the quaner ended 315: March 2015 are the balancing figure between the audited figules In respect to the 1ull

financial year at the published figures far the nine months ending 31st Deaernlaer 2011 which were subjed to tire limited review

by the statutory auditors.

5 IND A5115 Revenue horn the Contracts with Cusmmer‘s. has been made effedlve from 15! Aprll, 2011!. The company has

evaluated in: effect 0' the same Dn the standalone financial results 8. the impact was immaterial.

L411 -

Plzmad Maheshwari

cnalrman 5. Managlng Director

oat ulna/2m

Fla: .Kma (aalasthan)

Page 7: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

/' I ODHA

12. Bhegat Strinh Marg. New Delhi - no 001, m.

-

- Telephone :91 n 237tol76l237|0177l23364671[2414

& coFax :51 1123345163123314309

Small : [email protected]

Chartered Accountants

Limited Review Report on Quarterly Consolidated Financial Results of Career Point Limited

pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015

To

The Board of Directors of

Career Point Limited

1. We have reviewed the accompanied statement of unaudited consolidated financial results of

Career Point Limited (“the Company"),its subsidiaries (the Company and its subsidiaries

together hereinatter referred to as the “Group”),its associate and its joint venture for the quarter

ended June 30, 2018(“the Statement") being submitted by the Company pursuant to the

requirement of Regulation 33 of the Securities and Exchange Board of India (Listing

Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.

CIR/CFD/FAC/éZ/ZOIG dated July 5, 20161

This Statement which is the responsibility of the Company's Management and approved by the

Board of Directors in their meeting held on 11th August 2018, has been prepared in accordance

with the recognition and measurement principles laid doWn in the Indian Accounting Standard

34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the

Companies Act, 2013 read with relevant rules issued thereunder and other accounting

principles generally accepted in India. Our responsibility is to issue a report on the Statement

based on our review.

2. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,

“Review of Interim Financial Information Perfumed by the Independent Auditor of the Entity"

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 statement is free of

material statementA review is limited primarily to enquire of Company’s 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.

3. We did not review the financial results of 8 subsidiaries included in the quarterly financial

results, whose financial results reflect total assets as at 30‘“ June 2018 of Rs. 37,069.84 lakhs,

net assets as at 30'“ June, 2018 of Rs 19,986.19 lakhs, total revenue of Rs. 38686 lakhs for the

quarter ended 30"“June, 2018 respectively, total profit alter tax of Rs. 274.27 lakhs for the

quarter ended 30"‘Iune, 2018 respectively and total comprehensive income of Rs. 274.27 lakhs

for the quarter ended 30‘“June, 2018 respectively, as considered in the consolidated financial

results. The consolidated financial results also include the Company‘s share of net loss of Rs.

0.68 lakhs for the quarter ended 30‘“ June, 2018 as considered in the consolidated financial

results in respect of an associate and ajoint venture. These financial results have been reviewed

by other auditors whose reports have been furnished to us by the management and our report on

the consolidated results, in so far as it relates to the amounts and disclosures included in respect

of these subsidiaries/ associate/ joint venture is based solely on the report of other auditors

4. Based on our review conducted as above, nothing has come to our attention that causes us to

believe that the accompanying statement has not been prepared in all material respects in

accordance with the applicable Indian Accounting Standards (IND AS) prescribed under

section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other

Kotkau Mumbal NewDemi Chermal Hyderabad Jaipur

Page 8: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

recognized accounting practices and policies, and has not disclosed the information required to

be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 read with SEBI

Circular No, ClR/CFD/FAC/él/ZOIG dated July 5, 2016 including the manner in which it is to

be disclosed, or that it contains any material misstatementr

5‘ Attention is drawn to the fact that the consolidated financial results of the Company for the

quarter ended June 30,2017 has been reviewed by predecessor auditor, who has expressed an

modified conclusion on the financial results/financial informationflur conclusion is not

modified in l’fipecl of this matter.

For Lodha 3L Co.

Chanered Accountants

Firm’s RegistratianNo.30l051E

flaw(Gaurav Lodha)Partner

Membership Nolt- 507462

PlacezKota

Datezl 1"I August 20l8

Page 9: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

/12. Bit-gel Slngl‘t Malg. NEW Delhi - 110 001. lndllI

' [23710177 (23364671 1 2414T l none ,9| 11237l0|76LODHAszw :91 11 23345155I23314309

& Co E-mfill : dalhl@lodhuco,wmChartered Accountants

Limited Review Report on Quarterly Standalone Financial Results of Career Point Limitedpursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015

To

The Board of Directors of

Career Point Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results ofCareer Point Limited (“the Company") for the quarter ended June 30, 2018(“the Statement“)being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations,20]5 (“the Listing obligations20] 5") read with SEBI circular no. CIR/CFD/FAC/62/20l6 dated July 5, 20l6.

This Statement which is the responsibility of the Company's Management and approved by theBoard of Directors in their meeting held on ll"‘August 2018, has been prepared in accordancewith the recognition and measurement principles laid down in the Indian Accounting Standard34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of theCompanies Act, 2013 read with relevant mics issued thereunder and other accountingprinciples generally accepted in India. Our responsibility is to issue a report on the Statementbased on our review.

2. We conduct 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 the Institute of Chartered Accountants of India. This standard requires that we planand perform the review to obtain moderate assurance as to whether the financial statement isfree of material misstatements. A review is limited primarily to inquire of Company’s personneland 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.

3. Based on our review conducted as above, nothing has come to our attention that causes us tobelieve that the accompanying statement

, prepared in all material respects in accordance withthe applicable Indian Accounting Standards (IND AS) prescribed under section I33 of theCompanies Act, 2013 read with relevant rules issued thereunder and other recogiizedaccounting practices and policies, and has not disclosed the information required to bedisclosed in terms of Regulation 33 of the Listing Regulations,20l5 read with SEBI CircularNo ClR/CFD/FAC/62/2016 dated July 5, 2016 including the manner in which it is to be

disclosed, or that it contains any material misstatement.

dema Mumbai NawDethi Chennai Hyderabad Jnlpur

Page 10: New Doc 2018-08-11 (1) · 2018. 8. 13. · Key business updates and result highlights (Q1FY2018-19) Revenue from Operations 19.7 ~ 26.4 EBITDA 3.1 9,4 EBITDA Margin 16% 35% ProfitAfter

4. Attention is drawn to the fact that the financial results of the Company for the quarter ended

June 30, 2017 has been reviewed by predecessor auditor, who has expressed an unmodified

Conclusion on the financial results/financial information. Our conclusion is nut modified in

respect of this matter.

For Lodha & Co,

Chartered Accountants

Firm’s Registration No. 301051E

(Gamav Ludha)Partner

Membership No,:- 507462

Place2Kota

Dalezl 1““ August ,2018