22^d July,20t9

To,

Nationalstock Exfhange of India Limited

Listing Departmer!t, Exchange Plaza'

Plot No, C-1, G Bl{ck, Bandra Kurla Complex'

Bandra (East ), Mt{rmbai- 400 051

Dear Sir/ Madam,

Sub: Outcome of f he Board Meeting held on 22nd July' 2019

Ref: NSE - SUMlll

herewith.

The Meeting staited at 04:00 p'm' and concluded at 05:1'0 p'm'

You are requestfd to kindly take the same on your records and oblige'

Thanking You,

Bhushan kar

(Whole-Time rector)

DIN:00043824

it Woods Private Limited")l, WE.Highway, Malad (East), Mumbai- 400 097ail : contacl@sumihfloods.com o www.sumitwoods.com

Yours faithfullY,

For SUMIT WOoDS LIMITED

(formerly knowir as Sumit Woods Private Limited)

6ryStZ.*\\92

ptrl$rez

SRV & Associates Chartered Accountants Head Office :-Office No. 215, Gundecha Ind. Estate, Akurli Road, Kandiv�li (E), Mumbai- 400 101.

Tel : +91 22-6060 1105 I +91 22-6733 7024 E-mail : ssrvandassoci�tes@gmail.com

and Disclosure Requirements) Re.gulations. 2015.

To,

The Board ofDirectors.

Sumit Woods Limited B-1101. Express Zone.

Western EXPress Highway. Malad(East), Mumbai-400097

1. We have reviewed the accompanying statements of unau ited Consolidated Financial Results of SUMIT WOODS LIMITED('the Compan ") for the quarter ended 30th June,2019 and audited financial statement for the year ended 31st March, 2019, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI ( Listing Obligati1n and Disclosure Requirements) Regulations, 2015. These quarterly Consolidattd financial results have been prepared on the basis of the audited annual Cons lidated Financial statements as at and for the year ended 31st March, 2019 and the relevant requirements of the regulation and the Circular, which are the r sponsibility of the company's management and have been approved by the Board\of Directors of the Company. Our responsibility is to express an opinion on theJe financial results based on our review of the Consolidated Financial results fo� the three-month period ended 30th June, 2019, which was prepared in accbrdance with the recognition and measurement principles laid down in Accou�ting Standard for Interim Financial Reporting, prescribed, under Section 133 of tre Companies Act, 2013 read with relevant rules issued thereunder and other ace unting principles generally accepted in India; our report on financial statements as at 30th June, 2019, and the relevant requirements of the regulation and the Circular.

2. In our opinion and to best of information and according to the ex lanations given to

us, the statement:

i. is presented in accordance with the requirements of Re ulation 33 of the

SEBI ( Listing Obligation and Disclosure Requirements) 'egulations, 2015

read with SEBI circular bearing nos. CIR/CFD/FAC/62/2 16 dated July 5,

2016 in this regard.

ii. gives a true and fair view in conformity with the afar said Accounting

Standards and other accounting principles generally accep ed in India of the

Net profit (including other comprehensive income) an' other financial

information of the Company for the quarter ended 30th Ju e, 2019

3. We have reviewed the accompanying Consolidated financial s atement resulted and other financial information for the comparative period for t e quarter ended 30th June, 2018 which have been presented solely based on the inf rmation compiled by the management.

For SSRV & Associates Chartered Accountants, Firm Reg. no 135901W

-���""'

Vishnu Kant Kabra (Partner) M. No.: 403437 Place: Mumbai Date: 22/07/2019

R U P Creating Value. Building Trust. BUILDERS & DEVELOPERS

SUMIT WOODS LIMITED

CIN : L36101MH1997PLC152192

Unaudited consolidated Balancesheet for the

Particulars

Shareholder's Funds

Deferred tax

Current Liabilities

Total

ASSETS

Non-current Assets

As at 30.06.2019 Unaudited

1,1 4,9 4,3 4,577

1,32,88,81,073

Sumit Woods Limited. (Formerly Known as "Sumit Woods Private Limited") B- 1101. Express Zone, Diagonally Opp. to Oberoi Mall, WE. Highway, Malad (East), Mumbai- 400 097 Tel.: 022- 2874 9966/77 • Fax: 022-2874 3377 • Email: contact@sumitwoods.com • CIN No.: L36101MH1997PLC 152192

As at 31.03.2019 Audited

TM

u p Yalue. Building Trust.

RS & DEVELOPERS

SUMIT WOODS LIMITED

CIN : L36101MH1997PLC152192

Unaudited Consolidated Statement of Profit & Loss Account for the quarte ended 30th June, 2019

Particulars

Income

Revenue from operations

Other income

Total Revenue

Expenses

Cost of material consumed

Changes in inventories

Employee benefits expenses

Construction and Development Expenses

Finance costs

Depreciation and amortisation expense

Administration and other expense

Total Expenses

Profit I (Loss) before tax

Tax Expenses

Current tax

Deferred tax

Total tax expense

Profit I (Loss) for the year

Earning per equity share

Basic

As at 30.06.2019 Unaudited

6,07,50,413

14,80,029

6,22,30,441

1,17,38,419

(2,73,03,531 )

24,16,071

2,31,75,036

1,03,36,283

12,24,654

92,53,940

3,08,40,873

3,13,89,569

90,13,112

(1,35,427 )

88,77,685

2,25,11,883

1.47 .� .T./ •CCI\. �.

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�' \li, "'""· i!i it ��-�:·;h ' �� / Rt<v'!P7

'¥",..,.... oods Limited. (Formerly Known as "Sumit Woods Private Limited")

As at 30.06 .�018 As at 31.03.2019 Unaudit d Audited I

7,86,5 9,396 42,21,22,941

59, 9�,003 1,02,74,263

8,46,5�,399 43,23,97,204

1,20,9 ,692 4,23,23,646

(1,55,3 p,624 ) 5,94,56,506

25,5 p,260 3,16,31,587

2,84,9 ),059 11,97,87,121

1,57,4 :),215 4,31,11,620

14,3 ),929 52,13,478

82,0 ',463 3,45,08,192

5,29,8 �,993 33,60,32,150

3,16,6 17,406 9,63,65,054

94,6< ,063 2,91,93,839

(1,7 < ',490 ) (5,14,714 )

92,8�,573 2,86,79,125

2,23,7' ,833 6,76,85,929

2.06 6.2

o< �� .. � i� rfl · � i

� ; � 1 �.

' � v SumitW B- 1101. Tel.: 022 CINNo.

Express Zone, Diagonally Opp. to Oberoi Mall, WE. Highway, Malad {East), Mumbai- 400 0�7 -2874 9966/77 • Fax: 022-2874 3377 • Email: contact@sumitwoods.com • www . sumitwb ods. com : L 36 101MH1997PLC 152192 I

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G R 0 U P Creating Value. Building Trust.

BUILDERS & DEVELOPERS

Notes:

1. The Company operates only in one primary segment i.e. build rs and developers

2. The financial results were reviewed by the Audit Committee d approved by Board of Directors in their meeting held on 22nd July, 2019.

3. The Financial Results for the quarter ended on 30th June, 20 9 have been prepared

using the same accounting policies as followed for previous f�· ancial year. 4. Revenue is recognized to the extent that it is probable that the economic benefits will

flow to the Company and the revenue can be reliably measu ed. Revenue from the

Site services are recognized pro-rata over the period of the�ontract as and when

services are rendered. It is difficult to identify the completion f the work due to the

complexity of the services rendered. Hence the manage 1 ent's confirmation is

accepted in identifying the above.

Interest income is recognized on the time basis deter1' ed by the amount

outstanding and the rate applicable and where no signific nt uncertainty as to

measurability or collectability exists.

5. Pursuant to Regulation 33 (3)(d) of the Securities and Exc�ange Board of India (Listing Obligation and Disclosure Requirement) Regulati n, 2015, we hereby confirm that the statutory Auditors of the Company M/ s SSRV & Associates, Chartered Accountants (Firm Registration No. 135910W) ha'fe issued the Limited Review Report with unmodified opinion(s) in respect of Unau ited Financial Results for the quarter ended on 30th June, 2019.

6. Figures of previous period/year have been regrouped/recast herever necessary to

make the Financial Statements comparable. 7. Above results as per (Listing Obligations Disclosures Requ

2015 f Board of Directors

Mumbai

July 22, 2019

Sumit Woods Limited. (Formerly Known as "Sumit Woods Private Limited") B- 1101. Express Zone, Diagonally Opp. to Oberoi Mall, W.E.Highway, Malad (East), Mumbai- 400 09

(Mitara� J angid)

Managing Director

Din No.: 00043757

Tel.: 022-2874 9966/77 • Fax: 022-2874 3377 • Email: contact@sumitwoods.com • www.sumitwobds.com CIN No. : L36101MH1997PLC152192 I

To,

The Board ofDirectors. Sumjt Woods Limited

B-1101. Express Zone. Western Express Highway. Malad(East). Mumbaj-40009 7

1. We have reviewed the accompanying statements of unaudited S andalone Financial Results of SUMIT WOODS LIMITED('the Company") for the uarter ended 30th June,2019 and audited financial statement for the year ende 31st March, 2019, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirerents) Regulations, 2015. These quarterly financial results have been prepared on the Jbasis of the audited annual financial statements as at and for the year ended 31st MTrch, 2019, and the relevant requirements of the regulation and the Circular, which a�e the responsibility of the company's management and have been approved by the BCDard of Directors of the Company. Our responsibility is to express an opinion on the e financial results based on our review of the Financial results for the three-month period ended 30th June,2019, which was prepared in accordance with the recognitio and measurement principles laid down in Accounting Standard for Interim Fi ancial Reporting, prescribed, under Section 133 of the Companies Act, 2013 read ith relevant rules issued thereunder and other accounting principles generally acc�pted in India; our report on financial statements as at 30th June, 2019, and the relev 1nt requirements of the regulation and the Circular.

2. We reviewed financial statement in accordance with the Standards on Auditing issued by the Institution of Chartered Accountants of India. Those Standa ds require that we plan and perform the audit to obtain reasonable assurance about w ether the financial statements are free of material misstatement. Our review includes xamining, on a test basis, evidence supporting the amounts disclosed in financial re ults also includes assessing the accounting principles used and significant estim tes made by the management. We believe that our review report provides a reaso able basis for our opinion.

3. In our opinion and to best of information and according to the ex1lanations given to us, the statement:

i. Is presented in accordance with the requirements of Regul�tion 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulati�ps. 2015 rea? wi�h SEBI circular bearing nos. CIR/CFD/FAC/62/2016 dated J ly 5, 2016 m this regard.

ii. gives ·a true and fair view in conformity with th aforesaid Accounting Standards and other accounting principles generally accepted in India of the Net profit (including other comprehensive incom ) and other financial informati on ofthe Company for the quarter ended 30 h June,2019.

4. We have reviewed the accompanying financial statement res lted and other financial information for the comparative period for the quarter ended 30 June, 2018 which have been presented solely based on the information compiled by the anagement.

For SSRV & Associates Chartered Accountants, Firm Reg. no 135901 W

��\: Vishnu Kabra (Partner) M. No.: 403437 Place: Mumbai Date: 22/07/2019

R 0 Creating Value. Building Trust. BUILDERS & DEVELOPERS SUMIT WOODS LIMITED

CIN : L36101MH1997PLC152192

Unaudited Standalone Balancesheet for the quarter ended 3U h June, 2019

Particulars

Shareholder's Funds

Share capital

Reserves and surplus

Non-Current Liabilities

Quarter

As at 30.06.2019 Unaudited

15,29,35,220

59,68,82,076

74,98,17,296

As at 30.06.20H Unaudited

10,84,05,22

37,25,27,46;.

48,09,32,68�

Year

As at 31.03.2019 Audited

15,29,35,220

57,89,87, 915

73,19,23,135

Long-Term Borrowings 22,98,48,206 29,90,08,574 20,73,21,408

Long Term Provision 25,85,182 29,15,992 25,85,182 - ----------------�----------�------------��------------1 Deferred tax liabiliy (net)

Current Liabilities

Short-term borrowings

Trade payables

Other current liabilities

Total

ASSETS

Non-current Assets

Fixed assets

Tangible Assets

Intangible Assets

Non Current Investments

Deferred Tax Assets

Long term loans and advances

23,24,33,388 30,19,24,566 20,99,06,590

2,16,77,418 3,13,82,691 5,29,46,546

2,88,82,700 3,12,26,993 2,18,98,283

8,82,93,247 6,25,26,172 5,03,57,097

13,88,53,365 12,51,35,856 12,52,01,926

1,12,11,04,049 90,79,93,108 1,06,70,31,652

7,03,97,476 7,48,00,112 7,14,22,969

1,37,937 2,43,780 1,44,536

36,13,12,837 32,49,99,684 38,69,38,544

19,30,698 14,60,047 17,95,271

1,99,47,677 1,99,47,677 1,99,47,678

�---------------------F====45= ,3=7=,2=�=6 =25�== = 4=2=,1 =4,= 5=1,=30=0�====48=,0=2=,4= 8,=9 =98

9��

�t ��-Current Assets

'% '¥A D:rT Inventories 47,69,28,282 44,31,69,168 44,79,62,633 1r; Xf, � � t------------------------1--------------+-------------lt--- - ----------"!it\� M n K z: ,.. 1-T_ r_ a_d_ e _re_c_ el_

-v_a _bl_e_ s _____________ 1 _____ 11 _, _09 _, _67 _,5 _9 _4 _+ _ ___ 1,06,82,504 5,79,10,428 �V � �'l .4-%

1-C_a_ s_ h_a_n _d_ c_a _sh_ e_q�u_iv_a_l _en_ ts _ _ __ _____ __ _ 7_4_,0_2 __ ,7 _1 _7-+---__ _ 1 _,2 _9_,_8 __ 9 _, _88_7 _ _ _ _ _ _ �5,84,6 �0 _, "S � lt �

Short-term loans and advances 5,34,02,543 1,13,30,851 5,39,74,531

Other Current Assets 1,86,76,288 83,69,398 2,33,50,401

l------------1=== 6 = 6,= 73=,7=7=,4=2 4=i===4=8, 6= 5=, 4=1 ,=so= s=#===5=8,=6 7=, s=2,=6 5=4=Y..I� rc o � � Total 1,12,11,04,049 90,79,93,108 1,06,70,31,65�� . .., � 1� � �

Sumit Woods Limited. (Formerly Known as "Sumit Woods Private Limited") B- 1101. Express Zone, Diagonally Opp. to Oberoi Mall, W.E.Highway, Malad (East), Mumbai- 400 09 V TeL: 022-2874 9966 /77 • Fax: 022-2874 3377 • Email: contact@sumitwoods.com • www.sumitwdods.com C�N No.: L36101MH1997PLC152192

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Creating BUILDE

,...

0 Value. Building Trust. RS & DEVELOPERS

�

SUMIT WOODS LIMITED

CIN : L36101MH1997PLC152192

Statement of Unaudited Standalone Profit & Loss Acoount for the quarter ende4 30th June, 2019

Quarter Year

Particulars Ended 30.06.2019 Ended 30.06.2018 Ended 31.03.2019

Income

Revenue from operations

Other income

Total Revenue

Expenses

Cost of material consumed

Changes in inventories

Employee benefits expenses

Construction and Development Expenses

Finance costs

Depreciation and amortisation expense

Administration and other expense

Total Expenses

Profit I (Loss) before tax

Tax Expenses

Current tax

Deferred tax

Total tax expense

Profit I (Loss) for the year

Earning per equity share

Basic

Unaudited

3,03,16,365 3;85,487

3,07,01,852

85,32,269 (2,89 ,65 ,648)

24,12,520 1,22,57,208

68,50,042 11,19,696 38,92,365

60,98,452

2,46,03,400

68,44,666 (1,35,427)

67,09,239

1,78,94,161

1.17 -

Unaudited

5,88,99,083 59,46,440

6,48,45,523

73,86,456 29,77,601 25,50,260

1,10,44,419 1,16,47,149

13,06,347 34,01,977

4,03,14,209

2,45,31,314

68,24,611 (1,79,490)

66,45,121

1,78,86,192

1.65

. � s'l.-�&.Ass0� • t.; 1!1,.,:· � * VIS�NUK/;JIT ?/-�\: � (,,qv. * � . � MEMs NO. IPI � �<;;; "''"'-J"J '4,p1ERED ti�)f'

'1"VT'f

oods Limited. (Formerly Known as "Sumit Woods Private Limited") Sumit W B -11 01. Express Zone, Diagonany Opp. to Oberoi Mall, WE. Highway, Malad (East), Mumbai- 400 09

Audited

19,82,52,654 79,36,198

20,61,88,852

2,75,12,262 (18,15,864)

2,09,40,275 4,31,62,207 3,38,06,965

52,11,723 2,64,07,810

15,52,25,378

5,09,63,474

1,36,69,349 (5,14,714)

1,31,54,635

3,78,08,839

2.47

-

� ooo J..... -

ff-4 � 01 ? S7PL dl 1521 92 *..,. -

. . . Tel.: 022- 2874 9966/77 • Fax: 022-2874 3377 • Ema1l: contact@sum1twoods.com • www.sum1tw00ds.com CIN No.: L36101MH1997PLC152192 I