IntraSoft Technologies Limited Regd. Office :502APrathamesh, Raghuvanshi Mills Compound, $.8. Marg, Lower Parel, Mumbal-400013. 7. 481-22-2491-2128 F: +91-22-2400.3123 E:intrasoft@itincia.com W: wiw.tinci.com CIN:L26133MH1996PLC197857 Corp. Office : Suite 301, 145 Rash Behari Avenue, Kolkata - 7000029, Tol: #91-33-4023-1234 Fax: +91-39-2464-6584 May 27, 2016 Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Ltd P.J.Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex Fort, Mumbai Mumbai Scrip code: 533181 / ISFT Dear Sir, ‘Sub: Outcome of the Board Meeting/Financial Result Regulai (2) & 33 of SEBI (Listing Obligations and Disc quirements) Regulations, 2015 With reference to the captioned matter, it may please be noted that the Board of Directors at its Meeting held on May 27, 2016 have amongst other matters considered, approved and taken on record the following: 1. Audited Standalone and Consolidated financial results for the quarter and financial year ended 31° March, 2016; 2. Auditors’ Report on Standalone and consolidated financial results for the financial year ended 31 March, 2016; and 3. The Board has also recommended a Dividend of Rs. 2/- per equity share for the financial year ended 31" March, 2016 subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. {n terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we enclose herewith following: a. Audited Standalone Financial Result for the quarter and year ended 31" March, 2016. b. Audited Consolidated Financial Result for the quarter and year ended 31" March, 2016. ©. Auditors Report on Standalone Financial Result. 4d. Auditors Report on Consolidated Financial Result. €. A Declaration pursuant to Regulation 33 (3)(d) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016 We also enclose Form A- Audit Report with Unmodified opinion in relation to Annual Audited Standalone and Annual Audited Consolidated Financial Results for the financial year ended 31" March, 2016. ‘The above Board Meeting commenced at 3.00 PM and concluded at 4.30 PM. This is for your information and records. Yours faithfully, For IntraSoft Technologies Limited He Prartvesh Tripathi ~~ Company Secretary & Compliance Officer Encl: As aboveINTRASOFT TECHNOLOGIES LIMITED ‘Audited Standalone Financial Ress forthe quarter and year ended Sis March. 2016 emus jamal Tt SS ats aoa nee [wees | nae aaa ‘asa —| “Toa | —atiea—| tase] — treme i eee 05 | | rns | es | ape a = re | ——“ ia ae S| ——aee| —— as] ae —— a Soo octet ore oH ca a + a [oemtaaisiaer tooo | ait] —— ass] — a aii fecendet cate Boe a5| — al ar — Se faeces Seana oe eT [sae een pee ss oe ae — sar ae (arte rT VC Se a i Cs ST opto 0) ea] Pe ma ao fie S| fan 5 [rt tn as as oa ae opie] _——}- "a — Se See ae ae | —— ar =n 7 [ran ea opi = a6 ee ee aH a aa : saa : peek aia ey ae Som Vo a0 Sere oe 2 ae a ae ea aos eat ee a eee ree s Sheet cag epee em aa| as | — maz tare eee iar] art ae] — st ag ie ar TRS polar wun] asin 16 [ear share (EPS) (®) a ew = 7 7 = 7a (>(Cintaktad Siatement of Reser & DADs aa iclars Siosa0i ‘asain [cEOUNY AND CABILATIES Shareholder Funds a Shae Capital ) Reserves and Spas [av ong Borrow | Deter Tax Lines (Ne [corer Long em Labs [tong tem Provisions [ay caren Liabilities [2) shor tr Boron (2) Trade Payable [os Orher Caren abi |) Shore Provisions frora. Asser [an Now-cuent Avsts [apFaed Asses | Now-curent investments [Deter Tax Aste Net) |=) Long tr Loans and Advances [ar Carent Ase [a Carers invests [or Teds Reset [ash and bank tans [stort eo oan and ances [ej Omer emer ase [rorat. Row the above results were reviewed by the Audit Commitee ancl approved bythe Bard of Decors in thee respective esting held on 7th May, 2016 the Board of Decors ocommendied 2 Dividend 20% L282 per Egy Share for the Financ Year 2015163 hs esting J sper the quirements of AS-17 issued as per Companies (Accounting Standards) Rules, 2006 nodose is required as he Company is operating “Snpebusnessgeographcal segment of ntret bse delivery of erie. The Stanalone ar Consolidate ian wes ofthe Company fr the quater and year ended Sst March, 2016 ae avaiable on he Companys website weet com scoot During the quarter, he company sold 12,0000 shares eld by nro Beneficiary Trust whowe ole eras the Company, resulingina Net Gai of € 357978 Lak. The funds raed were edt expand or E-Commerce Busnes. ign Exchange Gain (Net) on expr sale shown separately ander Othe Operating Income The gues for the quarter ended Sst March 206 ad 3st March 015 are he balancing figures between audited figures n respect ofthe ull irancul yar an the unauied third quarter published year o dae figures which were subjected tos Limited Review "ovis quar /year gues have ben regrouped /rearanged wherever consiered neesiy For ntaSof Technologies Limited Aurkynnn Kolkata Arvind Kara 2h May, 2006 Managing DirectorWalker Chandiok &Co LLP Waker Chandok & Co LLP mer Waar, chardok& Co) 10C Higertrd Set 5h Fer, Hakata T0001? a 7 491 334050 8000 Auditor's Report on Annual Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To the Board of Directors of IntraSoft Technologies Limited 1, We have audited the annual standalone financial results of IntraSoft ‘Technologies Limited ("the Company”) for the year ended 31 March 2016, attached herewith, being submitted by the Company pursuant 10 the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Attention is drawn to Note 7 in the anual standalone financial results segarding the figures for the quarter ended 31 March 2016 as reported in these annual standalone financial results which are the balancing figures between audited figures in respect of the fll financial year and the published year to date figures upto the end of the third quarter of the financial yeas. Also the figures up to the end of the third quarter had only been reviewed and not subjected to audit. These annual standalone financial results have been prepared on the basis of the annual standalone financial statements and reviewed quarterly standalone financial results upto the end of the third quarter which ae the responsibility Cf the Company’s management. Our responsibility is o express an opinion on these annual standalone financial esults based on our review of standalone financial results for the nine months period ended 31 December 2015 (which included the reviewed standalone financial results for the three months period ‘ended 30 June 2015 and six months period ended 30 September 2015 carried out and reported by another auditor vide their unqualified review report dated 20 July 2015 and unqualified review report dated. 4 November 2015 respectively, furnished to us and which have been relied upon by us) which was prepared in accordance with the recognition and measurement principles lid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 read with Rule 7 of the Companies (Accounts) Rules, 2014 in respect of Section 133 of the Companies ‘Act, 2013 and other accounting principles generally accepted in India; and our audit of the annual standalone financial statements as at and for the year ended 31 March 2016. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit ro obtain reasonable assurance about whether the standalone financial results ae frce of material misstatements. \n audit includes examining, on atest basis, evidence supporting the amounts disclosed as standalone financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our aueit provides a reasonable basis for our opinion. AdWalker Chandiok &Co LLP 3. Inour opinion and to the best of our information and according to the explanations given to us, the annual standalone financial zesuls @ ae presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and (i) gives true and fair view of the standalone net profit and other financial information for the year ended 31 March 2016, ‘The audit of the standalone financial results for the three months period ended 31 Match 2015 and year ended 31 March 2015 respectively, included in the annual standalone financial results for the year ended 31 March 2016 was carsied out and reported by another auditor vide their unqualified audit report dated 27 May 2015, whose report has been furnished to us and which has been relied upon by us for the puspose of our audit of the annual standalone financial results. Our audit report is not qualified in respect of this matter Metin Urevelith dlp ut For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No.: 001076N/'N500013 per Anamitra Das Partner ‘Membership No. 062191 Date: 27 May 2016INTRASOFT TECHNOLOGIES LIMITED ‘Audited Consolidated Financial Ress forthe quarierand yea ended Sts March, 2016 sear uated TEST income fom operon naire [a rec Content Develop [Sales and Marketing TSI 2eSI [General and Admieative pene ea50 [a Employee Benet wr fo Depreciation & Amortsaion oT TTT lrceptonal tems (12) [oer income 17 (hos) a ears aT Prot hon tore excepted Tens ST cepa ies (Ne (fe Nate Below) 7 (Los fom ordinary sts 7) [Ne Prot (Can) om nary ace aera OTT siaoedinary ems pet of x expenses) [Net reese for er rap equlyskarecapat TTT Reser excdingRevaluston seas 3 BTR scouring your [Eamings per Sizdalone Information as SS aa =e aerended S015 (raeded BEE (intakhe) Yerinied (audited) | —(anaited) 7a w Zara TIDE 708007 7 S77 Sane Toe Gane ended Faded Parealaes Saban [seams BREE ‘huditea) —| “(Unaudited hedited tievenae = aa ‘S77 a7 S06 [ro belo tr and exceptional ems 331 00) Ts [or S950 [ra ater tax and exceptional ere Saaz a) 25 35738 Sointake) a ee sricaare Siasa0i6 | si0sa0i5 ‘Ceaines) [ites Ic ROUTTY AND TTABILTTIES [a StareholdenFunde [ay share Capa Tara Ta [Reserves and Sarpiow T0353 W776 2) Non-curent Liabilities a) Long term Borrowings Fore a7 [ey Defra Tax Libis Ne 16.5 16 [os Orher Long term Labites : 2 [a tong eon Provisions Bs aa [s) Curent Liabiles [a Shortie Borrowings ion = [trade Payabies Saas Taare [ic rher Current Lis 139924 05292 (a) Shorter Provisions S56 132 [rorat miss Ta3890, ASSETS [ad Noncurent Assis [ay Fined Assets as re fo Noncuren investments 9600 00 [ Defered Tax Assets Net) = [Long-term Los ana Aaa ei Te |e Cunear ate 2) Curent investments Sa [i invenories 55298 Taina ler TesdeReciabie ‘SO091 S74. [a ish and tank alse T2387 735325 ie) shorter loans and advances 25097 131685 [note caren assets Te24 123 frorat ms Ta75890 The above els were reviewed by the Aut Commitee and approves by the Board of Direct in the respective meetings held on 20h May 2016 The Hoard orireors recommended s Dividend w 27% La 2 per Equity Share for he Final Yea 201516 at thi meeting. J As per the requirements of AS-17 issued as por Companis (Accounting Standards) Rules, 2006, no dscosure is equred asthe Company is operating in singe businessgeographial segment of Ineret based delivery a service Js the Standalone and Consolidated franca results ofthe Company forthe quater and year ended st March, 2016 are available onthe Company eb wi india. Js excepsiona ems: During he quater the company sok 1200000 shares eld by Inrasat Beneficiary Trust whowe vale beneficiary i the Company, resuling sa Net Gain of €357978 Lathe The fands asd were usd to expand out E-Commerce Busines + Foreign Exchange Gain (Net on eport see shown sparately under Other Operating income. > the Fgures or the quarter ended 3st March 2016 and Sst March 2015 ae the balancing figures between audited igure in espe the fll Snancl yea and the unaudited thir quarter published year to date gute which were subjected to Lite Review *-revious quae / year's gurs have been regrouped /ereange wherever considered peceay : frat ean it quran" Pice: Kotha Arvind Kajal bee: 27h May, 206 Managing DirectorWalker Chandiok &Co LLP Waker Chandok & Co LLP mer Waler, Charo & Col 1OCHngeror Steet SFr, ota 700017 wa 7 91 334060 8000 Auditor's Report on Annual Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ‘To the Board of Directors of IntraSoft Technologies Limited 1, We have audited the annual consolidated financial results of InteaSoft Technologies Limited (“the Company”) and its subsidiaries (the Company and its subsidiaries together referred to as “the Group”) for the year ended 31 March 2016, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requizemeats) Regulations, 2015, Attention is drawn to Note 7 in the annual consolidated financial results regarding the figures for the quarter ended 31 March 2016 as reported in these annual consolidated financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end ofthe thd quarter ofthe financial year. Also, the figures up to the end of the third quarter had only been reviewed and not subjected to audit. These annual consolidated financial results have been prepared on the basis of the annual consolidated financial statements and reviewed quarterly consolidated financial results upto the end of the thied quarter, which are the responsibilty of the Company's management. Our responsibilty is to express an opinion on these annual consolidated financial results based on our review of consolidated financial results for the nine months period ended 31 December 2015 (which included the reviewed consolidated financial results for the three months Period ended 30 June 2015 and six months period ended 30 September 2015 carsied out and reported by another auditor vide their unqualified review report dated 20 July 2015 and unqualified review report dated 4 November 2015 respectively, furnished to us and which have been relied upon by us) which were prepared in accordance with the recognition and measurement priniples lad down in Accounting Standard (AS) 25, Interim Financial Reporting as notified under the Companies (Accounting Standards) Rules, 2006 read with Rule 7 of the Companies (Accounts) Rules, 2014 in respect of Section 133 of the Companies ct, 2013 and other accouating principles generally accepted in Indi; and our audit of the annual consolidated financial statements as at and for the year ended 31 March 2016, 2. 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 consolidated financial results are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amouats disclosed as consolidated financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a seasonable basis for our opinion tics in re CC Ge Hes, ta, Mb Ne De, Nok naWalker Chandiok &Co LLP 3. In our opinion and to the best of our information and according to the explanations given to us and ‘upon consideration of reports of other auditors, the annual consolidated financial results (@) include the annual financial results for the year ended 31 March 2016, of the following entities: Name of the entity Relationship InteaSoft Ventures Pte Led, Subsidiary 123Grretings.com, Ine. Subsidiary One Two Three Greetings India Pvt. Led. Subsidiary 123Stores, Ine Step down subsidiary 123Stores ECommerce Pvt. Ltd. Step down subsidiary (i) ate presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and (ii) give a true and fair view of the consolidated net profit and other financial information for the year ended 31 March 2016. 4. We did not audit the financial statements of 3 subsidiaries included in the annual consolidated financial results, whose financial statements reflect total revenues (after eliminating intra-group transactions) of € 1,780.06 lacs and net profit after tax and prior period items (after eliminating intra-group transactions) of 4.85 lacs For the year ended 31 March 2016 and total assets of € 346.47 lacs as at year ended 31 March 2016. ‘These financial statements and other financial information have been audited by other auditors whose audit reports have been furnished to us, and our opinion in respect thereof is based solely on the audit reports of such other auditors. Our opinion is not qualified in respect of this matter. 5. ‘The audit of the consolidated financial results for the three months period ended 31 March 2015 and year ended 31 March 2015 respectively, included in the annual consolidated financial results for the year ended 31 March 2016 was carried out and reported by another auditor vide their unqualified audit report dated 27 May 2015, whose report has been furnished to us and which has been relied upon by us for the purpose of our audit of the annual consolidated financial results. Our audit report is not qualified in respect of this matter. a our ‘or Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013, : per Anamitra Das Partner 2 ‘Membership No. 062191 2 Place: Kolkata Date: 27 May 2016IntraSoft Technologies Limited Regd. Office :502APrathamesh, RaghuvanshiMills Compound, S.8. Marg, Lower Parel, Mumbai -400013 1 +91.22.2881-2123 F+81-22-2490-3123 E-intrasoR@itinda. com W: wwwitingia.com CIN: L24130MH1996PL.C197057 Corp. Office : Suite 301, 145 Rash Behari Avenue, Kolkata 700029. Tel: #81-98-4029-1294 Fax: +91-33-2404-8584 " May 27, 2016 Corporate Relationship Department isting Department BSE Limited National Stock Exchange of india Ltd P.J.Towers, Dalal Street, Fort Exchange Plaza, Bandra Kurla Complex Mumbai Mumbai «- Scrip code: 533181 / ISFT Dear Sir, DECLARATION Ref: Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016. Report of the Auditors obtained on the Annual Standalone Audited Financial Statements for the financial year ended March 31, 2016 and on Annual Consolidated Audited Financial Statements for the financial year ended March 31, 2016 do not have any modified opinion on the Annual Standalone Audited Financial Statements for the financial year ended March 31, 2016 and on Annual Consolidated Audited Financial Statements for the financial year ended March 31, 2016. Thanking You, Yours faithfully, For intraSoft Technologies Limited Ronnies : Arvind Kajaria ‘Managing DirectorFORMA (For Audit Report with Unmodified Opinion) [Pursuant to Regulation 33 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ry | Name of the Company IntraSoft Technologies Limited ~ | Annual Financial Statements for the year ended 31” March, 2016 |_( stand Alone) 3. | Type of Audit Observation Un Modified ~ a | Frequency of Observation ~ | Not Applicable To be signed by- CEO] Managing Director (Mr. Arvind Kajaria) For intraSoft Technologies Ltd, Aum | wanaging Director | CFO (Mr. Mohit Kumar Jha) (hye ‘Auditors of the Company (Mr. Anamitra Das Walker Chandiok & Co LLP Chartered Accountants) - ‘Audit Committee Chairman (Ms. Savita Agarwal) | bor Bord an)FORM A (For Audit Report with Unmo -d Opinion) [Pursuant to Regulation 33 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 1 Name of the Company IntraSoft Technologies Limited 2 ‘Annual Financial Statements for the year ended 31 March, 2016 | (Consolidated) 3. Type of Audit Observation Un Modified ~ 4 Frequency of Observation | Not Applicable . To be signed by- CEO/ Managing Director (Mr. Arvind Kajaria) For IntraSoft Technologies Ltd fone” WTanaging Director CFO (Mr. Mohit Kumar Jha) ‘Auditors of the Company | (Mir. Anamitra Das | Walker Chandiok & Co LLP | Chartered Accountants) ‘Audit Committee Chairman (Ms. Savita Agarwal) |