Dated: September 14, 2020

Ref: - IGFL/20-21

To. The Department of Corporate Services The BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai Samachar Marg MUMBAI-400001

The Department of Corporate Services Calcutta Stock Exchange Limited 7, Lyons Range Murgighata, Dalhousic Kolkata - 700001

Sub: Unaudited Financial Results and Limited Review Report for the Quarter ended 30th June, 2020

Ref: Scrip Code -0511391& 10019038

Dear Sir/Madam,

In pursuance of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the following:

• 1. Unaudited Standalone Financial Results of the Company for the quarter ended 30th June, 2020 duly approved by the Board at their meeting held today i.e. 14th September, 2020.
• 1. Limited Review Report by the Statutory Auditors of the Company, M/s. Bijan Ghosh & Associates, Chartered Accountants for the quarter ended 30th June, 2020.

The meeting of the Board of Directors of the Company commenced at 3.00 P.M and concluded at 4.30 P.M

Kindly take a record of the same.

Thanking You. Yours Faithfully, For Inter Globe Finance Limited

Pritha Beriwal (Company Secretary)

Encl: As Above

Bijan Ghosh & Associates CHARTERED ACCOUNTANTS

C-16, Green park P. Majumder Road, Kolkata - 700 078 Phone: 2484 8879 Mobile: 93394 40467, 90517 89888 E-mail: [email protected]

To. The Board of Directors Inter Globe Finance Limited

LIMITED REVIEW REPORT FOR THE QUARTER ENDED 30TH JUNE, 2020.

We have reviewed the accompanying statement of Standalone Unaudited Financial Results of Inter Globe Finance Limited ("the Company) for the quarter ended 30TH JUNE, 2020, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

This statement is the responsibility of the Company's Management and has been approved by the Board of Directors/ Committee of Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting® ("Ind AS 34"), prescribed under Section 133 of The Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on these financial statements based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. A review of financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of The Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit.

Accordingly, we do not express an audit opinion.

Based 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 the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of regulation 33 of the SEBI (Listing obligations and disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement

Place: Kolkata Date: 14.09.2020

INTER GLOBE FINANCE LIMITED

Regd Office: Aloka House, 1st floor, 6B, Bentinck Street, Kolkata-700 001 Website: www.igfl.co.in E-mail: [email protected] CIN: - L65999WB1992PLC055265

STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2020

*(in Lakhs) STANDALONE Year Ended Quarter Ended Particulars 30-Jun-20 31-Mar-20 30-Jun-19 31-Mar-20 31-Mar-19 (Audited) (Audited) (Unaudited) (Audited) (Audited) T Income Revenue from operations 796.83 810.23 (i) Interest Income 175.40 205.60 274.11 $0.46$ $9.57$ $0.03$ 13.00 5.90 (ii) Dividend Income (iii) Rental Income (iv) Fees and Commission Income (v) Net gain on fair value changes Net gain on derognition of financial instruments under amortized cost (vi) category 559.73 (vii) Sale of products(including Excise Duty) 73.49 (viii) Sale of services (ix) Other revenue from operations Total other revenue from operations 1,375.86 274.14 Total Revenue from operations 175.86 215.17 883.32 1.01 $5.10$ 6.81 Other Income 215.17 275.15 888.42 1,382.67 Total Income 175.86 Expenses: $\overline{2}$ Cost of material consumed 48.30 48.46 602.73 Purchases of Stock in trade Changes in inventories of finished goods, stock in trade and work in $(56.78)$ 302.30 106.01 $(100.88)$ 167.29 progress Employee benefit expenses 32.56 32.66 31.88 138.08 143.30 39.03 48.25 40.72 165.18 195.20 Finance Costs Depreciation, amortization & 21.13 24.60 3.43 4.80 6.41 impairment $6.33$ $9.91$ $4,52$ Fees and Commission Expense ٠ Net loss on fair value changes Net loss on derecognition of financial instruments under amortised cost category Impairment of financial instruments Other Expenses Other Expenses 43.94 $4.03$ 133.56 117.60 7.77 $\overline{1}$ 43.94 4.03 117.60 133.56 Total other expenses 7.77 74.56 815.04 1,199.35 $(16.72)$ 295.57 Total Expenses Total Profit before exceptional and Tax 200.59 183.32 192.58 $(80.40)$ 73.38 3 Exceptional Items-Provision for Doubtful Debts. $(93.38)$ $(380.25)$ $(136.78)$ и $(80.40)$ 200.59 46.54 $\overline{5}$ Total Profit before tax 99.20 $(306.87)$ 7 Tax expense 49.50 48.00 18.40 46.73 18.40 8 Current Tax $(3.35)$ 9 Deffered Tax 46.15 48.00 18.40 $46.73$ 18.40 10 Total Tax expenses Net Profit/(Loss) for the period from $0.39$ 153.86 $(325.27)$ continuing operations
Profity (Loss) for the period from 51.20 $(98.80)$ 14 Discontinued operations before tax $+5$

CIN - L65999WB1992PLC055265

FIN

e

NA

Aloka House 1st Floor 6 B Bentinck Street, Kolkata 700001(India)

P.91 33 2262-1971 \91 33 2243-0271 | F.91 4066-1036 | E. [email protected] | W. www.igfl.co.in

InterGlobe INANCELTD

* Except EPS which is determined in Rs. & Paise

NOTES TO THE FINANCIAL RESULTS

1. The aforesaid results for the quarter ended June 30, 2020 have been reviewed by the Audit Committee and thereafter approved by the Board at their respective meeting held on Monday, the 14th day of September, 2020

2. The business of the Company falls within a single primary segement viz, 'Financial Services' and hence, the disclosure requirement of Accounting Standard-17 'Segment Reporitng' is not applicable.

٣

1. There being no subsidiary of the Company, the above results are prepared on standalone basis.

2. Inter Globe Finance Ltd. is a Non-Banking Financial Company (NBFC) as defined under the Companies (Indian Accounting Standard) (Amendment) Rules 2016 issued by the Ministry of Corporate Affairs vide notification dated 30th March, 2016. Effective April 01, 2019 the Company adopted Ind AS hence, the Financial Results have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of The Companies Act, 2013 read with relevant rules issued thereunder and other recognised accounting practices and policies to the extent applicable.

5. Reconciliation of Net Profit for the quarter ended 30 June, 2020 as reported under erstwhile Indian GAAP and Ind AS is summarized below

1. Previous year / periods figures have been regrouped / reclassified, wherever necessary.

Place:Kolkata Date: 14th September, 2020

By order of the Board For Inter Globe Finance Limited Navid Jain

(Chairman & Managing Director) DIN - 01197626

CIN - L65999WB1992PLC055265 Alaka House 1st Floor 6 B Bentinck Street, Kolkata 700001(India) P. 91 33 2262-1971 \ 91 33 2243-0271 | F. 91 4066-1036 | E. [email protected] | W. www.igfl.co.in