A :@ MEGASOFT LIMITED

CIN : 172200TN1999P1C042730
Block "A" Wing 1, Level 5 & 6, Cyber Gateway
Madhaput Hyderabad - 500081
Telangana, India.
'g
rer : +e1 (40) 4033 ttt-t#[',*u*]r1t:t-:.:tj
iq..i f: ii-l A, :d {i )v fl

Date:17.02.2017

BSE Limited National Stock Exchange of India Limited

Phiroze JeeJee Bhoy Towers Exchange Plaza
Dalal Street, Fort Bandra-Kurla Complex, Bandra( E)
Mumbai400001 Mumbai400051

Scrip Code: 532408 Symbol:MEGASOFT

Dear Sirs,

Sub: Outcome of the Board Meeting held on 11th February, 2017

In pursuance of Regulation 33 of sEBl Listing Regulations 2015, this is to notify

that at the meeting of the Board of
Directors of the company held today i.e. Saturday, the lLth day of Februa ry,
2o!7 at the corporate office of the
Company, the Unaudited Financial Results of the Company (Standalone & Consolidated)
for the quarter and Nine
Months ended December 31, 2016 have been approved by the Board.

In this regard the following documents are encloseo:

L Unaudited Financial Results (Standalone & Consolidated)

2. Auditors' Limited Review Report

The aforesaid meeting commenced at 11.00 a.m. and concluded at 04.45 p.m.

An extract of the said financial results is being released in the newspapers in compliance
with the sEBl Listing
Regulations.

FoT MEGASOFT LIMITED

Company Secretary & Compliance Officer

Regd. Office : 85, Kutchery Road, Mylapore, Chennai - 600 004. India. Tel : +91 (44) 2461 6768; Fax : +91 (44) 246t 7870
 Megasoft Limited
Registe.ed Office: #85, Kutchery Road, lllylapore, chennai, Tamilnadu 600004 India
Corporate Oftlce: Block 'A', wing 1, Level 5 & 6, Cyber Gateway, Madhapur, Hyderabad - 50008'1, Telangana, India

Consolidated Unaudited Financial Results for the Quarter and Nine months ended on 31 December 20'16

CfN: L722OOTN1999PLCO4273O, Phone: +91-44-24616768, Fax: +91-44-246178'10, Email: investors@megasoft.com

Part I (Rs.) In Lacs
YEAR TO DATE FIGURES

Quarter
Quarter enoec Nine Months Nine Months
Quarter ended 31 ended 30 Year ended 31
31 December period ended 31 period ended 31
S.No Particulars Oecember 2016 September march 2016
2015 December 2016 December 2015
(Unaudited) 20 t6 (Audited)
(Unaudited) (Unaudited) (Unaudited)
(Unaudited)
1 ncome from operations
a) Net Sales / Income From Operations (net o 2,027 1457 I,4T9 4,934 4264 6s5t
::xcise Duty)
b) Other Ooeratino Income
l'otal Income from operations (net) 2.027 1.457 1,419 4 934 4 264 6.568
2 ::xpenses
:r) Cost of materials consumed 7rt 84 139 861 42t 40(

)) Purchase of stock-in{rade
:, Changes in inventories of finished goods, worK-ir
rrooress and slock in trade
1) Employee benefits expenes ) tz 499 5L4 148: 1495 2011

:,) Depreciation and amortisation expenses 168 16t 202 50( 59: 67C

) Other expenses 605 583 533 t737 1814 2591

]lotal Exoenditure 1 qqq 1,334 1,488 4,575 4,332 5,684

ttrofit / (Loss) from operations before other (68

3 zo 123 (6s s59 884
ih.^na intara<t rn.' erce.fional item l1-21
(3) 19 735 bL 82
Other Income / (Loss) 735
ttrofit / (Loss) fron ordinary activities before finance (8.00) 966
5 858 (50 1,098
cost and exceptional ltems (3 i 4)
t4L 109 20( 434 595 787
6 Finance costs
Profit / (Loss) from ordianry activities after
7 linance cost but before exceptional items (5 +
(17 749 (256 664 (6041 179

d xceotional ltems,
trofit / (Loss) from ordinary activities before tax
7+Al (LL7 749 (2s6) 664 (6041 t79
0 (1 5) 11 (2s 4t
0 ax expense
{et Profit / (Lossi) from ordinary activities after
11
:ax (9 +'10)
(ll7 749 (24L1 553 5751 131

:xtraordinary items (net of tax exp Rs

rtTl 749 l24t 653 (s7sj 131
13 {et Profit / (Los!i} for the period (1-Lakhs
1 +1 2)

;hare of Drofit I floss) of associates"

lrinoritv interest
\,let Profit / (Los!i) after taxes, minorlty
16 nterest and share of profit / (lossl of (s7s 131
l't17) 749 (241 653
rssncieles f13 + 14 + 151
)aid-Up Equity Share Capital of Rs 10 Each 44,26,72,930 44.26,72.930 44,26,72,930 44.26,72.930 44,26,72,930 44.26.72930
17
leserve Excluding Revaluation Reserves as per
l8 lalance sheet of Previous accountinq year
l=arnings per shiare (belore exrraorolnary
items) (of'10/- each) (not annualised):
(0 26, 1.69 (0.s4 148 ( 1.30 030
(a) Basic
(0 26 169 (0.s4 148 (1.301 030
1b) Diluted
:arnings per share (after extraordinary
ramsl lof'10/- eachl anot annualised):
19 (0.26 1.69 (0.s4 1.48 ( 1.301 0.30
a) Basic
(0.26 1.69 (0 s4 1.48 ( 1.30, 0.30
b) Diluted
!otes:
tt-""*r.ults have been reviewed by the Audit committee and approved by the Board of Directors at its meeting held on
lLth February, 2077,ant
ir*
are oublished in accordarrce with the SEBl (LODR) Regulations, 2015
rd 17 on "Segment Reporting" issued by the Institute of Chartere(
L The company has a single reportable segment,
\ccountants of India is not applicable.
proc drues as set out in Accounting Standard-21 on'Consolidated Financia
]. Th" ab"* f,g,ra, h"re been prepared in accordance with the principles and
::--
;tatements' issued by th' Institute of Chartered Accountants of India
I p,rr*-t to th" pr*lsions of the SEBI Listing Regulations, an extract of standalone financial results is being published in the newspapers'
The standalon
available on the company's website i.e., at http://megasoft.com/investor-services.html and also on the websites of th
tnaudited financial results will be made
;tock ex(hanges i.e., wwvr bseindia.com and www.nseindia.com

For Megasoft Li

,r'/ L
Hyderabad
,11.02.2017
(.r G V Kumar

CEO & Managing Director

 Srikantlh & Shanthi Associates
TN Rajendran & Co.
New No.1l', Old No.9, Lst floor
New No.2, Old No.25, 1st Floor
Desika Road Chennai 600004
Chengalvarayan Street, Shenoy Nagar,
Tele/Fax : + 9 7-44 -246024!9 / 4ZLO84I}
Chennai 600030, T et: 9!-44-2G640640

Chartered Accountants

fo
lBoard of Directors of Megasoft Limited
r/ve have reviewed
the consolidated financial results of Megasoft Limited forthe quarter
and Nine months ended 31
December 2016 attached herewith, being submit
rsuant to the requirement of Regulation 33
of the SEBI (Listing Obligations and Disclosure tions, 2015. These consolidated quarterly
inancial results have been prepared from consoli
statements, ,f,i.i #tn" responsibility of
f

the company''s management. our responsibility is to issue a report on the

statement based on our review of such
consolidated interim financial statements, which have been prepared in
accordance with the recognition and
rneasurement principles laid down in Accounting standard for Interim
Financial Reporting (As 25 / Ind AS 34),
rnandated under section 133 of the companies Act, 2013 read with relevant
rules issued thereunder or by the
Institute of chartered Accountants of India, as applicable and other accounting
principles generally accepted in India.

we reviewed in accordance with the auditing standards generally accepted in India.

Those standards require that
we plan and perform the review to obtain reasonable assurance about
whether the consolidated quarterly financial
rL5sults are frr-'e of material misstatement(s). A review is limited primarily
to inquiries of company personnel and
analytical procedures applied to financial data and thus provide less
assurance than an audit. We have not
performed an audit and accordingry, we do not express an audit
opinion.

These interimr financial statements and other financial information of foreign

subsidiaries have been considered
based on unar.rdited financial statements.

lrt our opinionr and to the best of our information and according to the
explanations given to us these consolidated
quarterly financial results as well as the consolidated year to date results:

(i) are presented in accordance with the requirements of Regulation 33 of the

sEBl (Listing obligations and
Dlsclosure Recluirements) Regulations, 2015 in this regard; and

() give et true and fair view of the consolidated net profit/loss and
other financial information for the quarter
and Aline months ended 31 December 2016.

For M/s Srikanth & Shanthi Associates For M/s T N Rajendran & Co.
Chartered Accountangs IFRN 0O50SOS]

an [M. No. 0287781

P'a rtner Pa rtner

Place: Hyderabad
Date: 11 Feb 2017
 Megasoft Limited

CIN: L72200 Phone: +91-44.24615768, Fax: . 7810, Email: investors@megasoft.com

Part I (Rs.) In Lacs
== YEAR TO DATE FIGURES
Quarter Quarter Quarter Nine Months Nine Months
ended 31 ended 30 ended 31 period ended period ended Year ended 3'l
S.ilo Particulars December September December 31 December 31 December March 2016
2016 2016 2015 20,t 6 2015 (Audited)
(Unauditedl
ncome fronn operations
a) Net Sabs / Income From Operations (net o
ixcise Duty) L,266 814 666 ) 7?1 2 769 3 004
(b) Olher Operatinq Income
Total Income from operations (net) 1,266 814 ooo 2,731 2.169 3,004
trxPenses
692 84 z6 776 259 34t
)) Purchase of stock-in{rade
]) unanges In Inventories of finished goods, work
n-progress etnd stock in trade
j) Employee benefits expenes
402 374 358 ll5: 108! r+o:
)) Depreciation and amorlisation expenses L7 L6 17 45 4 64
) Other expenses 307 299 809 651 884
fotal Expenditure 1.418 773 642 2.763 2,047 2 759
Profit / (Losr;) from operations before other
3
income. interest and ercrniidnrl iiah l,l -rl ('t521 41 24 132 122 245
4 f,ther Income / (Loss) (3 735 18 tJ6 61 85
trofit / (Loss) from ordinary activities before finance
5
;ost and exceotional items l3 + dl (1 55 776 42 706 183 330
6 :inance costs 11
54 57 LZh 777 24(
Profit / (Lossil from ordianry activities after
7 finance cost but before exceptional items (5 j
(209t 755 (15 580 12 90
I Exceptional llems
Profit / (Loss;) from ordinary activities before tax
9
17+81 (20e1 755 (1s) 580 t2 90
10 Tax expense (14) 11 129 48
\et Profit / (l-ossl from ordinary activities after
11
:ax 19 + 101 (209) 755 t1 coY 4I 42
1) :xtraordinary i lems (net of tax exp Rs Lakhs 0 0
13 {et Profit / (L.oss) for the period (1 1112} (209' 755 (1 559 4I 42
14 ihare of prolfit / (loss) of associates*
15 [ilinoritv interest
Net Profit / ([.ossl after taxes, minority
16 interest and share of profit / (loss) of
associafes ll 3 +'14 + l5l (209) 755 569 41 42
17 )aid-Up Equily Share Capital of Rs 10 Each
44,26,72,930 44,26,72,930 44,26,72.930 44,26,72,930 44,26,72,930 44,26,72,930
leserve Excluding Revaluation Reserves as per
18
Salance sheet of Previous accounlino vear 10,090
:arnrngS per Snare (betore extraOrdinary
tems) (of'10/- eachl (not annualised):
'19
(a) Basic (0.001
1o.47) 1,.77 1.28 0.09 0.10
lb) Diluted {.o.47) r77 (0.00) t28 0.09 0.10
Earnings per share (afte. extraordinary
ifem.l lnf '1nl- ar.hl ln^t rnnrr.lic.,
19
(a) Basic 10.471 7.77 (0.00) r.28 0.09 0.10
ib) Diluled (0.47)l 7.71 (0.00) 7.28 0.09 0.10
{otes
1 The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 11 February, 2017, an(
are published in accorclance with the SEBI (LODR) Regulations, 2015
2 The Company has a single reportable segment, that of Telecom, Accordingly, Accounting Standard 17 on "segment Reporting" issued by the Institute
o
Chartered Accountants of India is not applicable.
S The above figures have been prepared in accordance with the principles and procedures as set out in Accounting Standard on 'Financial Statements'issued bt
lhe Ins,titute of Chartered Accountants of India
'4 Pursuant to the provisions of the SEBI Listing Regulations, an extract of standalone financial results is being published in the newspapers. The standalon
unaudited financial results will be made available on the company's website i.e,, at http://megasoft.com/investor-services.html and also on the websites of th
stock rxchanges i.e., wrrvw.bseindia.com and www.nseindia com

For Megasoft Limitl

Hyderabad
't1.02.2017 G V Kumar

CEO & Managine Director

 Srikanth & Shanthi Associates
TN Rajendran & Co.
New No.17', Old No,9, 1't floor
New No.2, Old No.25, l-st Floor
Desika Road Chennai 600004
Chengalva raya n Street, Shenoy Naga r
Tele/Fax : +9I-44-2466241,9 / 42108419
Chen na i 600030 r el 9'J.-44-26640640
Chartered Accountants

-l-o

lloard of Directors of Megasoft Limited

\ffe have reviewed the accompanying statement of unaudited

financial results of Megasoft Limited for
the quarter and Nine months period ended 31 Decembe r 201.6.
This statement is the responsibility of
the company's Management and has been approved by the Board
of directors. our responsibility is to
rssue a report on these financial statements based
on our review.

we conducted our review in with the Standard on Review Engagement (sRE) 2400,
accordance
Engagements to review Financial statements issued by the Institute of charted Accountants
of India.
This standard requires that we plan and perform the review
to obtain moderate assurance as to
urhether ther financial statements are free of material misstatement.
A review is limited primarily to
inquiries of company personnel and analytical procedures applied
to financial data and thus provides
letss assurance than an audit. We have not performed an audit and accordingly,
we do not express an
a udit opinion.

B'ased on our review conducted as above, nothing has come to our attention
that causes us to believe
that the accompanying statement of unaudited financial results prepared
in accordance with applicable
accounting standards and other recognized accounting practices
and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of
the sEBl (LoDR) Regutations,20L5
including the manner in which it is to be disclosed, or that it contains
any material misstatement.

For M/s Srikanth & Shanthi Associates

For M/s T N Rajendran & Co.
Chartered Accountants IFRN OO5O80S]

TN Ra dran [M. No. 028778j

Pa rtne r

Place: Hyderabad
Date: t 1 Feb
"7_017
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