COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED...

9
COMFORT FINCAP LIMITED ( Formerly : Parasnath Textiles Limited ) A- 301, HETAL ARCH OPP. NATRAJ MARKET, SMROAD, MALAD (WEST), MUMBAI 400 064 OFF. : 2844 97 65/ 2882 55 09 / 2881 12 59 - FAX 1022-2889 2527 Email : [email protected] . URL :www.comlur1lincap.com Regd. Office: 22. Block B. Camac Street Kolkata 700 016 CIN N0: L65923WB1982PLC035441 Date: 28th May, 2018 To, To, The Manager The Secretary, Department of Corporate Services, The Calcutta Stock Exchange Limited, Bombay Stock Exchange Limited, 7, Lyons Range Phirozee Jeejeeboy Towers, Kolkata: 700001. Dalal Street, Fort, Mumbai —400 001 Dear Sir, Sub: Disclosure of Impact of Audit Qualification- Modified Opinion Ref: Comfort Fincap Limited-535267 The Board of Directors of the Company at their meeting held on May 28, 2018 has approved the audited standalone and consolidated financial statements for the year ended March 31, 2018. The Company along with the financial statements has submitted Audit Report with modified opinion in respect of the Standalone and Consolidated Audited Financial Results to the stock exchanges. SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17 /001 dated May 25, 2016 and Circular No. ClR/CFD/CMD/56/2016 dated May 27, 2016 and stock exchanges vide circulars dated June 1, 2016 intimated the companies that the Company shall be required to submit the 'Statement on Impact of Audit Qualifications‘ in the format specified in Annexure I. As required vide SEBI Circular ClR/CFD/CMD/56/2016, please find enclosed the Statement on Impact of Audit Qualifications in the specified format We request you to kindly take the above on record. Thanking you, For Com . rt Fincap Limited r Bharat Shlroya Managing Director DIN: 0014454

Transcript of COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED...

Page 1: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

COMFORT FINCAP LIMITED( Formerly Parasnath Textiles Limited )

A- 301 HETAL ARCH OPP NATRAJ MARKET SMROAD MALAD (WEST) MUMBAI - 400 064

OFF 2844 97 65 2882 55 09 2881 12 59 - FAX 1022-2889 2527

Email inlocnmlorthncapcom URL wwwcomlur1lincapcom

Regd Office 22 Block B Camac Street Kolkata - 700 016

CIN N0 L65923WB1982PLC035441

Date 28th May 2018

To To

The Manager The Secretary

Department of Corporate Services The Calcutta Stock Exchange Limited

Bombay Stock Exchange Limited 7 Lyons Range

Phirozee Jeejeeboy Towers Kolkata mdash 700001

Dalal Street Fort

Mumbai mdash400 001

Dear Sir

Sub Disclosure of Impact of Audit Qualification- Modified Opinion

Ref Comfort Fincap Limited-535267

The Board of Directors of the Company at their meeting held on May 28 2018 has approved the audited

standalone and consolidated financial statements for the year ended March 31 2018 The Company

along with the financial statements has submitted Audit Report with modified opinion in respect of the

Standalone and Consolidated Audited Financial Results to the stock exchanges

SEBI vide Notification No SEBILAD-NROGN2016-17 001 dated May 25 2016 and Circular No

ClRCFDCMD562016 dated May 27 2016 and stock exchanges vide circulars dated June 1 2016

intimated the companies that the Company shall be required to submit the Statement on Impact of

Audit Qualificationslsquo in the format specified in Annexure I

As required vide SEBI Circular ClRCFDCMD562016 please find enclosed the Statement on Impact of

Audit Qualifications in the specified format

We request you to kindly take the above on record

Thanking you

For Com

rt Fincap Limited

r

Bharat Shlroya

Managing Director

DIN 0014454

statenrzu0 lm ac

_degf Audt u Ilflc ions for audl re 0 WMlsquo mad 0 lnlon submitted alon -wltrAnnua udited Fmancna Resul s~ Sta d I0 9 nd Cons rdquodated e 11rsquordquo I

lsquo~nlsquo

lsquo

lsquo

l_

1 lN

[X

H Vl

Audited Figures Adjusted Figures

(audited figuresI SI (as reported after

partlculars adjusting for

No before adjusting

for qualifications)

qualifications)

WI income ldquoI

2 Total Expenditure-

_

3 Net Profit(Loss)mdash

_

4 Earnings Per Share-

mdash

5 Total Assets-

-

r 6 Total Liabilities-

_

7 Net Worth-

_

fihnyother financial item(s) (as felt aPPmPriate by

e

8 management)-

-

flAudit Qualification (each audit qualificationllraquo separately)

3 Details of Audit Qualification

The Company has not prbvided for defined benefit obligation in the nature of gratuity based on

the requirement of Accounting Standardmdashl5 (Revised) ie Employee Benefit which requires

defined benefit obligation to be recognized based on actuarial valuation basis In absence of

valuation we are unable to quantify the impact of above onlsquo the net profit for the year and

iabilities as on reporting date

b Type of Audit Qualification Qualified OpinionWlsquoc Frequencyrsquoof qualification appeared lsquofirst time repetitwemdashlmdashsineemdashhewmdashlengmdasheentineiag l

r

fior Audit Qualification(s) where the impact is quantified by the auditor ManagementsI

d E Views NA

lsquo

_Be 56ldquo Audit Qualification(s) where the impact is not quantified by thejauditor

iii mhngggmgntfis estimation on the impact of audit qualification

ASJQEKTH r qgmfiklsquoingiproyieacuteion for retirement benefitsoflsquoemployees the samehas not been done

i

in ldquoegg Staff Tenem-

lsquo__

unableltoestimatestheiinpilsquoafiylsquo reasons for the same lsquo

j 14igitifianagmen

fieereacutetlsquoiremehii beacuteiieacutefttszfdfem_plciyeas_ the Same hasmdashinotrbeen

Scanned by CamScanner

Ill Signatories

For CoquI-t Fincap Limited For Comfbfi FincapLimited

Nirmala Kanjar

Chief FinancialOfficer

F

Bharaf ShiroyaManaging Director

Place Mumbal

Date May 28 2013

Refer our Audit Report dated May 28 2018 on standalone and consdlidated financial results of the

Company

mas Wlsquo

MUM-Al

iErsquolIasq Mumbai

312339 May 28 2018

Scanned by CamScanner

COMFORT FINCAP lMITED ( Formerly Farasl1afh Te~tiles Limited

A301 HETPILARCH OPP NfrRAJ MARKET SVHOAD MALAD JW~~T)MXJM8Ar 40( bEf4 bfF 2MMiJ7 65 26~2 55 Q92881 j2 59 bull FAX 0212889 2527 middot

filiall inhiGol11tnrtlinCllpcom U~Llt tvwwcomfoflfinlupc om

RMd Off)pc 22lllbd aOamacSlreel Koi~aJa - 700016 CIN NO ~6M23WB1982PLCl) 354~1

8TAqtiH1ill1 9P HJn)TEDFINANC(AL RESULTS FORTHI QI)RfERA~~ FQI~~~ litiJi)Nj)tD3ISrKfAltClI2018 _~~-__ _ _ _ (Its In Lucsj

Pnr~lclilar~

-No

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2161hc fjjioc~ 3hotLicvcilllC l-romOlefitiil~s(l+Z)

4IE~nlnscs Lapti~huscentsuf SQcklllJr~(k

(iChafJiljli(ilv~i1(priesd(Siock~llt llrallc C Emj6ycJ bcMJilstxP~SC~ it bullFinocCosl~ e b~nreoi~imiddotQnamp AmoJJi~lion cxpiilSeS

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3JltJ32018 1 3]122(117 13103201-7

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31032018 13LOn017 XAudlied) middotL_(QlatfiiejJf~Ll~~ilcdj JxlIJiicdL ]- (Alidltcll)

1721S ISAL 16156

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2603 Hmllmiddot

18286 -518

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18821

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32Q4 middot 6612 02 -

876 lQ671i

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3958 middotS99

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17(1357 h77 13534

I

A 6S TIl54 209lt11

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0amp0 000 middot000

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5317 i8i~ 24jO~ 19441[tjrront fQElhmiddotcPC~lod (Sflcr RdJUiih(1liltroimiddot AssoCllltc (ltlQ) 7478 12IPilitlmiddotiilimiddotEQtilhShbtcentCamiddotpillll(liacc V~hrb1tsi 0 Each) 10851) 168513 middot108S1~ -middot middotf080d3 ~ 108s3 J3nci~~~~ centxtliI(TiltirCvaltihtioiir~scrvci c bullbull middotmiddotl91057 t6f)7S3 141Eam itigspcr~Sitirc (Bh$jc Rn(rdilii(cd)~ (154 050l M6~ 2i4 li79

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Ended 31032018 (Aildllcd)

68310

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7353~

165 11154 ri09~b2

054 65 94

39668 33$65

UOOI 331115

93851 1751

I 2413(15

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2241

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ijY I

t J

COMFO FINCAP LIMITED ( FPrmerty parasnath T~xtUes lfmlted)

A- 301 HETAL ARCH Opp NATRAJ MARKEt SY8GAQ MALAD (W~ST) MlJMBAI J 4()(5 0(54 OFF 284497 ~6528B2 55 09Z8~1125~h FAX 022middot 28892$27

Emall ~ inmiddotQcomf()nflncap coni-IJRL ~~~wCQf1l f9rUilJca~tonl ----------~--~----~--~

R~gd~6fficd2r Block S Camac Sireel KOl k~la l(u016 CIN No L65923Wi3TQ82PLC03544 1

STATEMENl OF AisETSANQili~iJ)ttIiS SJr31S1~(AtcentJi Zl118

m$ lnLncs) Sinn(ldionc middot C9nsoildnt~d

A~ nt Pilrtlclilars A~ut lSnt31Q32018 31 031017 3f032illR

(Allilitcd) (Audited) (Auili(cdl Jqultvamp UafliijtlC~

~

11 Sharclidldcrs fuii~ls (a) Slnre Ca pital I()amp~ij IOSS IGI08s t~l

16115] (I) ~te~ervIS and Surplus j91051 19136Q Subitotnl - SIfireliiildiiisrliifd 299571) 2752661 299873 1

l Nllll - Cli(IIW LI~~iIiill$ OOQ (l)oolenmiddotcd Tnx Lioliilities (Nell OM (fOQI

SulPWlil - middotJllliitc)lrt~i(d(41~liii~~ OOQ Q~Oi) ~QQI 3 Current Liabilities

1513A2(0) Shon - rCfTll BOITowings 1401108 I ~ 13112 (b) Tr~d~ Jgtayabl~s 1228 875 19 78

(c) Other (unCnl Liabilities 3)23 34083408 ]372(d) Short - Term flrovisiOhs 136JJ 33 711

$61WI~1 - JIIhhciftcentl)tii4JjlHti~s 159149 ISRS41 159349 shy

-tc 00 n jO06 459~~nroil-~qIlHynniJ LiRbillfle~FI===~-=h=~~l====O9===~g~

Assc 1 JIion - ClmCIAssctx

251 (a) Rixell Assck~ 156 25 1 2666) (0) O~icr NpncUril~t IQieSnictl(s 26219

Jc) Olltr Non-c urren A~scts i9 1~

()QO000 MO ~(i)6$ 26$1(1 i~t 1() bull5Ii~t~i-Nil~~J1(t~~~ q~s~t~

2Cunent As~lits i(rrnventllrics 24972 2~9 31 249121(b) Tjodc Rcc~ivalilc~ ~19L 4022 929 (c)Cdsltnnd OlherB8hk baianoos 2459~ 23543 24596 bull (dj Shorl Tcm Lonn~ and AltIvlinUs jS19~~ 38071 (e)Oihcr Currenl AsscJS

380i7 1 1484 1560 1484

SulfWfdf - Currciit~sscJs 4327~2 iiOG99O m7~~

A33gjjii~ 459222tota1Aii~ts ~~l920

lPlCS i riie abuvdinn~l restlltHot lie qlliiicr a(~ IinanCinl c~r cnii~~ tqnrFl) ~12Qfll ~~~reicvievedmiddot li)ihb Audit Committee nnd f1p[o~oo nnd lakenln r~c()(d br

tllo DQnrltrofDireeIOI of Hie (olilponynlits 1let1iliglieltl on1vl~imiddot2S 2Ql ~I

2 TheBoanLul ilK 111(Ctiig field 011 t1lY28~ 2t)rscolsiderciIJlid rCC6[1tlilj1~cd Qifiicent((Ireg 4 5QPliV opts l()~~chf9ril)~ linMdalenr 2UI 2Q

~ fh~ tlllIrc t91 the qual~cr~nlcd More J I ~lQ)~ nIM~fafch3 i20nJlrcJhc btil~nci~~ IililreS bclween (he audited figures in reslech) t Ih~ ruiiflnaillja j)lcnfah~ pAf)lisJlc~ ycaHIimiddotdlitc filgt~jcs Il)ll(lhe en(1tif iijr(qIJ~Ilirp~(tleT~loval1 ITn~~~iyear

4 sioc~ (he ~r(poIlY hsdrnV~ p the consolilcdlinoucinl~ rOrH~ filiidimc Wc~ip l SYCllr liglres have not been rcporicd 5 [rcvjpus pcribdycarligUlc~ liavc Je~nirellPliiteM r~alTnlgeQ)VJ19rltevlqec~SMi)~middot

For comrort~l~ca Llmi ~J

Place Muinbui I)ilk 281h MI)201 $ Ilircclor ~

SIGN H) ~ IJ)I- l rH1Ct 1 middot1011 BY

)v~oJ4 qnl ~J ~~g VAf ~ ~(J

(h I 1 t

_t I _ s ~__ REG )() I 1 1 kIV MUMBAI

bull f J f L bull -

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the qualterly standalone financial results of Comfort Fincap Limited (the Company) for the quarter ended 31 st March2018 and the year to date results for the period

1st 31 st from April2017 to March 2018 attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

2 These quarterly financial results as well as the year end financial results have been prepared on the basis of the related standalone financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these financial results based on our audit of such standalone financial statements which have been prepared in accordance with the Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements An audit includes examining on a test basis evidence suppolting the amounts disclosed as financial results An audit also includes assessing the accounting principles lIsed and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion

The Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-I5 (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us except for the possible effects of the matter described in paragraph 4 above the quarterly financial results as well as the year to date results

(i) are presented in accordance with the reqUirejJl~~egUlation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Rcg6i~~~ in this regard and

1 1 ~ l or ( r ~ ( t

( ~~~~I )middot 101 Ashiana 11th Road TPS III Opp BMC

lt) i HosPital Santacruz (East) Mumbai-400055 ~middot~A~ Tel 26102465 26116901 26101228 ~ Email arsarscoin

(ii) give a true and fair view of the net profit and other financial information for the quarter ended 31 5t

March 2018 as well as the year to date results for the period from 15t April20 17 to 31 5t March 2018

For ARSodha amp Co Chartered Accountants ---- bull

FRR l0324W ~~fr ~ - ~

0 ( 1I 3U Jh- l MUMS I AR Sodha () ~J~ Partner ~~~~I~ M No 031878

Place Mumbai Date 28th May 2018

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 2: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

statenrzu0 lm ac

_degf Audt u Ilflc ions for audl re 0 WMlsquo mad 0 lnlon submitted alon -wltrAnnua udited Fmancna Resul s~ Sta d I0 9 nd Cons rdquodated e 11rsquordquo I

lsquo~nlsquo

lsquo

lsquo

l_

1 lN

[X

H Vl

Audited Figures Adjusted Figures

(audited figuresI SI (as reported after

partlculars adjusting for

No before adjusting

for qualifications)

qualifications)

WI income ldquoI

2 Total Expenditure-

_

3 Net Profit(Loss)mdash

_

4 Earnings Per Share-

mdash

5 Total Assets-

-

r 6 Total Liabilities-

_

7 Net Worth-

_

fihnyother financial item(s) (as felt aPPmPriate by

e

8 management)-

-

flAudit Qualification (each audit qualificationllraquo separately)

3 Details of Audit Qualification

The Company has not prbvided for defined benefit obligation in the nature of gratuity based on

the requirement of Accounting Standardmdashl5 (Revised) ie Employee Benefit which requires

defined benefit obligation to be recognized based on actuarial valuation basis In absence of

valuation we are unable to quantify the impact of above onlsquo the net profit for the year and

iabilities as on reporting date

b Type of Audit Qualification Qualified OpinionWlsquoc Frequencyrsquoof qualification appeared lsquofirst time repetitwemdashlmdashsineemdashhewmdashlengmdasheentineiag l

r

fior Audit Qualification(s) where the impact is quantified by the auditor ManagementsI

d E Views NA

lsquo

_Be 56ldquo Audit Qualification(s) where the impact is not quantified by thejauditor

iii mhngggmgntfis estimation on the impact of audit qualification

ASJQEKTH r qgmfiklsquoingiproyieacuteion for retirement benefitsoflsquoemployees the samehas not been done

i

in ldquoegg Staff Tenem-

lsquo__

unableltoestimatestheiinpilsquoafiylsquo reasons for the same lsquo

j 14igitifianagmen

fieereacutetlsquoiremehii beacuteiieacutefttszfdfem_plciyeas_ the Same hasmdashinotrbeen

Scanned by CamScanner

Ill Signatories

For CoquI-t Fincap Limited For Comfbfi FincapLimited

Nirmala Kanjar

Chief FinancialOfficer

F

Bharaf ShiroyaManaging Director

Place Mumbal

Date May 28 2013

Refer our Audit Report dated May 28 2018 on standalone and consdlidated financial results of the

Company

mas Wlsquo

MUM-Al

iErsquolIasq Mumbai

312339 May 28 2018

Scanned by CamScanner

COMFORT FINCAP lMITED ( Formerly Farasl1afh Te~tiles Limited

A301 HETPILARCH OPP NfrRAJ MARKET SVHOAD MALAD JW~~T)MXJM8Ar 40( bEf4 bfF 2MMiJ7 65 26~2 55 Q92881 j2 59 bull FAX 0212889 2527 middot

filiall inhiGol11tnrtlinCllpcom U~Llt tvwwcomfoflfinlupc om

RMd Off)pc 22lllbd aOamacSlreel Koi~aJa - 700016 CIN NO ~6M23WB1982PLCl) 354~1

8TAqtiH1ill1 9P HJn)TEDFINANC(AL RESULTS FORTHI QI)RfERA~~ FQI~~~ litiJi)Nj)tD3ISrKfAltClI2018 _~~-__ _ _ _ (Its In Lucsj

Pnr~lclilar~

-No

Imiddotmiddot 1 1~vcllllckrolllQprliilons (~) In(ofnil front OoetlIilolis lliiPfhe(jpci~liog Ihc6litc Rcvclluc frlttmOilcrnUoils(a+bl

2161hc fjjioc~ 3hotLicvcilllC l-romOlefitiil~s(l+Z)

4IE~nlnscs Lapti~huscentsuf SQcklllJr~(k

(iChafJiljli(ilv~i1(priesd(Siock~llt llrallc C Emj6ycJ bcMJilstxP~SC~ it bullFinocCosl~ e b~nreoi~imiddotQnamp AmoJJi~lion cxpiilSeS

f ()therH~pctises loiitlExilCnsc~

Q~urlc ~hCJcd (Standlllon~)

3JltJ32018 1 3]122(117 13103201-7

FlnanclnlYtntEhdCd ~($tulill~loll~)

31032018 13LOn017 XAudlied) middotL_(QlatfiiejJf~Ll~~ilcdj JxlIJiicdL ]- (Alidltcll)

1721S ISAL 16156

Isg middot i8914

shyUp

t9)S 37-(7 n17

2603 Hmllmiddot

18286 -518

i(81I~1 019

18821

~)33

32Q4 middot 6612 02 -

876 lQ671i

middotfS1i $267 m ift(L

iM i11Q8

J21 2682 24111 006

3958 middotS99

68)Z0 49-87

17(1357 h77 13534

I

A 6S TIl54 209lt11

054 6594 39(G8

471 8B - 679( 53983

J23 54306

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For comrort~l~ca Llmi ~J

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SIGN H) ~ IJ)I- l rH1Ct 1 middot1011 BY

)v~oJ4 qnl ~J ~~g VAf ~ ~(J

(h I 1 t

_t I _ s ~__ REG )() I 1 1 kIV MUMBAI

bull f J f L bull -

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the qualterly standalone financial results of Comfort Fincap Limited (the Company) for the quarter ended 31 st March2018 and the year to date results for the period

1st 31 st from April2017 to March 2018 attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

2 These quarterly financial results as well as the year end financial results have been prepared on the basis of the related standalone financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these financial results based on our audit of such standalone financial statements which have been prepared in accordance with the Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements An audit includes examining on a test basis evidence suppolting the amounts disclosed as financial results An audit also includes assessing the accounting principles lIsed and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion

The Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-I5 (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us except for the possible effects of the matter described in paragraph 4 above the quarterly financial results as well as the year to date results

(i) are presented in accordance with the reqUirejJl~~egUlation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Rcg6i~~~ in this regard and

1 1 ~ l or ( r ~ ( t

( ~~~~I )middot 101 Ashiana 11th Road TPS III Opp BMC

lt) i HosPital Santacruz (East) Mumbai-400055 ~middot~A~ Tel 26102465 26116901 26101228 ~ Email arsarscoin

(ii) give a true and fair view of the net profit and other financial information for the quarter ended 31 5t

March 2018 as well as the year to date results for the period from 15t April20 17 to 31 5t March 2018

For ARSodha amp Co Chartered Accountants ---- bull

FRR l0324W ~~fr ~ - ~

0 ( 1I 3U Jh- l MUMS I AR Sodha () ~J~ Partner ~~~~I~ M No 031878

Place Mumbai Date 28th May 2018

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 3: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

Ill Signatories

For CoquI-t Fincap Limited For Comfbfi FincapLimited

Nirmala Kanjar

Chief FinancialOfficer

F

Bharaf ShiroyaManaging Director

Place Mumbal

Date May 28 2013

Refer our Audit Report dated May 28 2018 on standalone and consdlidated financial results of the

Company

mas Wlsquo

MUM-Al

iErsquolIasq Mumbai

312339 May 28 2018

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(c) Other (unCnl Liabilities 3)23 34083408 ]372(d) Short - Term flrovisiOhs 136JJ 33 711

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Place Muinbui I)ilk 281h MI)201 $ Ilircclor ~

SIGN H) ~ IJ)I- l rH1Ct 1 middot1011 BY

)v~oJ4 qnl ~J ~~g VAf ~ ~(J

(h I 1 t

_t I _ s ~__ REG )() I 1 1 kIV MUMBAI

bull f J f L bull -

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the qualterly standalone financial results of Comfort Fincap Limited (the Company) for the quarter ended 31 st March2018 and the year to date results for the period

1st 31 st from April2017 to March 2018 attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

2 These quarterly financial results as well as the year end financial results have been prepared on the basis of the related standalone financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these financial results based on our audit of such standalone financial statements which have been prepared in accordance with the Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements An audit includes examining on a test basis evidence suppolting the amounts disclosed as financial results An audit also includes assessing the accounting principles lIsed and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion

The Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-I5 (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us except for the possible effects of the matter described in paragraph 4 above the quarterly financial results as well as the year to date results

(i) are presented in accordance with the reqUirejJl~~egUlation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Rcg6i~~~ in this regard and

1 1 ~ l or ( r ~ ( t

( ~~~~I )middot 101 Ashiana 11th Road TPS III Opp BMC

lt) i HosPital Santacruz (East) Mumbai-400055 ~middot~A~ Tel 26102465 26116901 26101228 ~ Email arsarscoin

(ii) give a true and fair view of the net profit and other financial information for the quarter ended 31 5t

March 2018 as well as the year to date results for the period from 15t April20 17 to 31 5t March 2018

For ARSodha amp Co Chartered Accountants ---- bull

FRR l0324W ~~fr ~ - ~

0 ( 1I 3U Jh- l MUMS I AR Sodha () ~J~ Partner ~~~~I~ M No 031878

Place Mumbai Date 28th May 2018

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 4: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

COMFORT FINCAP lMITED ( Formerly Farasl1afh Te~tiles Limited

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SulPWlil - middotJllliitc)lrt~i(d(41~liii~~ OOQ Q~Oi) ~QQI 3 Current Liabilities

1513A2(0) Shon - rCfTll BOITowings 1401108 I ~ 13112 (b) Tr~d~ Jgtayabl~s 1228 875 19 78

(c) Other (unCnl Liabilities 3)23 34083408 ]372(d) Short - Term flrovisiOhs 136JJ 33 711

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lPlCS i riie abuvdinn~l restlltHot lie qlliiicr a(~ IinanCinl c~r cnii~~ tqnrFl) ~12Qfll ~~~reicvievedmiddot li)ihb Audit Committee nnd f1p[o~oo nnd lakenln r~c()(d br

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~ fh~ tlllIrc t91 the qual~cr~nlcd More J I ~lQ)~ nIM~fafch3 i20nJlrcJhc btil~nci~~ IililreS bclween (he audited figures in reslech) t Ih~ ruiiflnaillja j)lcnfah~ pAf)lisJlc~ ycaHIimiddotdlitc filgt~jcs Il)ll(lhe en(1tif iijr(qIJ~Ilirp~(tleT~loval1 ITn~~~iyear

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Place Muinbui I)ilk 281h MI)201 $ Ilircclor ~

SIGN H) ~ IJ)I- l rH1Ct 1 middot1011 BY

)v~oJ4 qnl ~J ~~g VAf ~ ~(J

(h I 1 t

_t I _ s ~__ REG )() I 1 1 kIV MUMBAI

bull f J f L bull -

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the qualterly standalone financial results of Comfort Fincap Limited (the Company) for the quarter ended 31 st March2018 and the year to date results for the period

1st 31 st from April2017 to March 2018 attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

2 These quarterly financial results as well as the year end financial results have been prepared on the basis of the related standalone financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these financial results based on our audit of such standalone financial statements which have been prepared in accordance with the Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements An audit includes examining on a test basis evidence suppolting the amounts disclosed as financial results An audit also includes assessing the accounting principles lIsed and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion

The Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-I5 (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us except for the possible effects of the matter described in paragraph 4 above the quarterly financial results as well as the year to date results

(i) are presented in accordance with the reqUirejJl~~egUlation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Rcg6i~~~ in this regard and

1 1 ~ l or ( r ~ ( t

( ~~~~I )middot 101 Ashiana 11th Road TPS III Opp BMC

lt) i HosPital Santacruz (East) Mumbai-400055 ~middot~A~ Tel 26102465 26116901 26101228 ~ Email arsarscoin

(ii) give a true and fair view of the net profit and other financial information for the quarter ended 31 5t

March 2018 as well as the year to date results for the period from 15t April20 17 to 31 5t March 2018

For ARSodha amp Co Chartered Accountants ---- bull

FRR l0324W ~~fr ~ - ~

0 ( 1I 3U Jh- l MUMS I AR Sodha () ~J~ Partner ~~~~I~ M No 031878

Place Mumbai Date 28th May 2018

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 5: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

COMFO FINCAP LIMITED ( FPrmerty parasnath T~xtUes lfmlted)

A- 301 HETAL ARCH Opp NATRAJ MARKEt SY8GAQ MALAD (W~ST) MlJMBAI J 4()(5 0(54 OFF 284497 ~6528B2 55 09Z8~1125~h FAX 022middot 28892$27

Emall ~ inmiddotQcomf()nflncap coni-IJRL ~~~wCQf1l f9rUilJca~tonl ----------~--~----~--~

R~gd~6fficd2r Block S Camac Sireel KOl k~la l(u016 CIN No L65923Wi3TQ82PLC03544 1

STATEMENl OF AisETSANQili~iJ)ttIiS SJr31S1~(AtcentJi Zl118

m$ lnLncs) Sinn(ldionc middot C9nsoildnt~d

A~ nt Pilrtlclilars A~ut lSnt31Q32018 31 031017 3f032illR

(Allilitcd) (Audited) (Auili(cdl Jqultvamp UafliijtlC~

~

11 Sharclidldcrs fuii~ls (a) Slnre Ca pital I()amp~ij IOSS IGI08s t~l

16115] (I) ~te~ervIS and Surplus j91051 19136Q Subitotnl - SIfireliiildiiisrliifd 299571) 2752661 299873 1

l Nllll - Cli(IIW LI~~iIiill$ OOQ (l)oolenmiddotcd Tnx Lioliilities (Nell OM (fOQI

SulPWlil - middotJllliitc)lrt~i(d(41~liii~~ OOQ Q~Oi) ~QQI 3 Current Liabilities

1513A2(0) Shon - rCfTll BOITowings 1401108 I ~ 13112 (b) Tr~d~ Jgtayabl~s 1228 875 19 78

(c) Other (unCnl Liabilities 3)23 34083408 ]372(d) Short - Term flrovisiOhs 136JJ 33 711

$61WI~1 - JIIhhciftcentl)tii4JjlHti~s 159149 ISRS41 159349 shy

-tc 00 n jO06 459~~nroil-~qIlHynniJ LiRbillfle~FI===~-=h=~~l====O9===~g~

Assc 1 JIion - ClmCIAssctx

251 (a) Rixell Assck~ 156 25 1 2666) (0) O~icr NpncUril~t IQieSnictl(s 26219

Jc) Olltr Non-c urren A~scts i9 1~

()QO000 MO ~(i)6$ 26$1(1 i~t 1() bull5Ii~t~i-Nil~~J1(t~~~ q~s~t~

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380i7 1 1484 1560 1484

SulfWfdf - Currciit~sscJs 4327~2 iiOG99O m7~~

A33gjjii~ 459222tota1Aii~ts ~~l920

lPlCS i riie abuvdinn~l restlltHot lie qlliiicr a(~ IinanCinl c~r cnii~~ tqnrFl) ~12Qfll ~~~reicvievedmiddot li)ihb Audit Committee nnd f1p[o~oo nnd lakenln r~c()(d br

tllo DQnrltrofDireeIOI of Hie (olilponynlits 1let1iliglieltl on1vl~imiddot2S 2Ql ~I

2 TheBoanLul ilK 111(Ctiig field 011 t1lY28~ 2t)rscolsiderciIJlid rCC6[1tlilj1~cd Qifiicent((Ireg 4 5QPliV opts l()~~chf9ril)~ linMdalenr 2UI 2Q

~ fh~ tlllIrc t91 the qual~cr~nlcd More J I ~lQ)~ nIM~fafch3 i20nJlrcJhc btil~nci~~ IililreS bclween (he audited figures in reslech) t Ih~ ruiiflnaillja j)lcnfah~ pAf)lisJlc~ ycaHIimiddotdlitc filgt~jcs Il)ll(lhe en(1tif iijr(qIJ~Ilirp~(tleT~loval1 ITn~~~iyear

4 sioc~ (he ~r(poIlY hsdrnV~ p the consolilcdlinoucinl~ rOrH~ filiidimc Wc~ip l SYCllr liglres have not been rcporicd 5 [rcvjpus pcribdycarligUlc~ liavc Je~nirellPliiteM r~alTnlgeQ)VJ19rltevlqec~SMi)~middot

For comrort~l~ca Llmi ~J

Place Muinbui I)ilk 281h MI)201 $ Ilircclor ~

SIGN H) ~ IJ)I- l rH1Ct 1 middot1011 BY

)v~oJ4 qnl ~J ~~g VAf ~ ~(J

(h I 1 t

_t I _ s ~__ REG )() I 1 1 kIV MUMBAI

bull f J f L bull -

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the qualterly standalone financial results of Comfort Fincap Limited (the Company) for the quarter ended 31 st March2018 and the year to date results for the period

1st 31 st from April2017 to March 2018 attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

2 These quarterly financial results as well as the year end financial results have been prepared on the basis of the related standalone financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these financial results based on our audit of such standalone financial statements which have been prepared in accordance with the Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements An audit includes examining on a test basis evidence suppolting the amounts disclosed as financial results An audit also includes assessing the accounting principles lIsed and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion

The Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-I5 (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us except for the possible effects of the matter described in paragraph 4 above the quarterly financial results as well as the year to date results

(i) are presented in accordance with the reqUirejJl~~egUlation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Rcg6i~~~ in this regard and

1 1 ~ l or ( r ~ ( t

( ~~~~I )middot 101 Ashiana 11th Road TPS III Opp BMC

lt) i HosPital Santacruz (East) Mumbai-400055 ~middot~A~ Tel 26102465 26116901 26101228 ~ Email arsarscoin

(ii) give a true and fair view of the net profit and other financial information for the quarter ended 31 5t

March 2018 as well as the year to date results for the period from 15t April20 17 to 31 5t March 2018

For ARSodha amp Co Chartered Accountants ---- bull

FRR l0324W ~~fr ~ - ~

0 ( 1I 3U Jh- l MUMS I AR Sodha () ~J~ Partner ~~~~I~ M No 031878

Place Mumbai Date 28th May 2018

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 6: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the qualterly standalone financial results of Comfort Fincap Limited (the Company) for the quarter ended 31 st March2018 and the year to date results for the period

1st 31 st from April2017 to March 2018 attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

2 These quarterly financial results as well as the year end financial results have been prepared on the basis of the related standalone financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these financial results based on our audit of such standalone financial statements which have been prepared in accordance with the Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatements An audit includes examining on a test basis evidence suppolting the amounts disclosed as financial results An audit also includes assessing the accounting principles lIsed and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion

The Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-I5 (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us except for the possible effects of the matter described in paragraph 4 above the quarterly financial results as well as the year to date results

(i) are presented in accordance with the reqUirejJl~~egUlation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Rcg6i~~~ in this regard and

1 1 ~ l or ( r ~ ( t

( ~~~~I )middot 101 Ashiana 11th Road TPS III Opp BMC

lt) i HosPital Santacruz (East) Mumbai-400055 ~middot~A~ Tel 26102465 26116901 26101228 ~ Email arsarscoin

(ii) give a true and fair view of the net profit and other financial information for the quarter ended 31 5t

March 2018 as well as the year to date results for the period from 15t April20 17 to 31 5t March 2018

For ARSodha amp Co Chartered Accountants ---- bull

FRR l0324W ~~fr ~ - ~

0 ( 1I 3U Jh- l MUMS I AR Sodha () ~J~ Partner ~~~~I~ M No 031878

Place Mumbai Date 28th May 2018

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 7: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

(ii) give a true and fair view of the net profit and other financial information for the quarter ended 31 5t

March 2018 as well as the year to date results for the period from 15t April20 17 to 31 5t March 2018

For ARSodha amp Co Chartered Accountants ---- bull

FRR l0324W ~~fr ~ - ~

0 ( 1I 3U Jh- l MUMS I AR Sodha () ~J~ Partner ~~~~I~ M No 031878

Place Mumbai Date 28th May 2018

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 8: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

AR Sodha amp CO CHARTERED ACCOUNTANTS

Auditors Report On Consolidated Financial Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

To Board of Directors of Comfort Fincap Limited

1 We have audited the consolidated financial results of Comfort Fincap Limited(the Holding Company) and its associates (the Holding Company and its associates together referred to as the Group)for the year ended 31 st March 2018 attached herewith being submitted by the company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRCFDIFAC6212016 dated July 5 2016

2 These consolidated financial results have been prepared from consolidated financial statements which are the responsibility of the companys management Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated financial statements which have been prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder (Ind AS) and other accounting principles generally accepted in India

3 We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s) An audit includes examining on a test basis evidence supporting the amounts disclosed as financial results An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opinion

4 Basis for Qualified Opinion The Holding Company has not provided for defined benefit obligation in the nature of gratuity based on the requirement of Accounting Standard-IS (Revised) ie Employee Benefit which requires defined benefit obligation to be recognised based on actuarial valuation basis In absence of valuation we are unable to quantify the impact of above on the net profit for the year and liabilities as on reporting date

5 In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results

(i) include the results of the following entities

List of Associates -shya) Lemonade Share and Securities Privat~ LlltJfitt ~

f

r ea 101 Ashiana 11th Road TPS III Opp BMC ~ I l iOn Hospital Santacruz (East) Mumbai-400055

IWfU~J r I ~ Tel 26102465 26116901 261012281 ~t j oj

~ _ ~ Email arsarscoin ~~

I r=--

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018

Page 9: COMFORT FINCAP LIMITEDcomfortfincap.com/Admin/File/Financial Results.pdf · COMFORT FINCAP LIMITED (Formerly: Parasnath Textiles Limited)A-301, HETAL ARCH OPP.NATRAJ MARKET, SMROAD,

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No CIRlCFDFAC6212016 dated July 5 2016 in this regard except for the possible effects of matters described in paragraph 4 above and

(iii) give a true and fair view of the consolidated profit and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for for the year ended 31 sl March 2018 except for the possible effects of matters described in paragraph 4 above

6 The consolidated financial results also include the Groupss share of net profitloss (including other comprehensive income) ofRs516- for the year ended 31 s1 March 2018 as considered in the consolidated financial results in respect of its associate whose financial statementsl financial information have not been audited by us These financial statementsl financial information have been audited by other auditors whose reports have been furnished to us by the management and our opinion on the consolidated financial results in so far as it relates to the amounts and disclosures included in respect of this associate and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circulars CIRlCFDCMDI152015 dated 30 November 2015 and CIRlCFDFAC 162120 16 dated 5 July 2016 in so far as it relates to the aforesaid associate is based solely on the report of the other auditors Our opinion on the consolidated financial results is not qualified with respect to our reliance on the work done by and the report of the other auditor

~-- --

middot ~Olgtk~ middotmiddot For A R S 0 dha o -- of amp C Chartered Accountanjs ~~ l ~ FRJGN e( ~110324W Ite N~)

J U ~ ( 1 0324 W ) I -5Jboc t ~ t MUMAI I t

- ~ )~ AR Sodha ~-- --~ Partner -t MNo 031878

Place Mumbai Date281 May2018