General information about company

Scrip code505583
Name of companyW W TECHNOLOGY HOLDINGS LTD.
Class of securityEquity
Date of start of financial year01-04-2017
Date of end of financial year31-03-2018
Date of board meeting when results were approved10-11-2017
Date on which prior intimation of the meeting for considering financial results was informed to the exchange01-11-2017
Description of presentation currencyINR
Level of rounding used in financial resultsActual
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentInterest Income
Start time of board meeting05:00
End time of board meeting05:45



Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part I
1Income
Revenue from operations26.2447.57
Other income0.060.03
Total income26.347.6
2Expenses
(a)Cost of materials consumed00
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade00
(d)Employee benefit expense 11.2420.66
(e)Finance costs00
(f)Depreciation, depletion and amortisation expense00
(f)Other Expenses
1Other Administrative Expenses 5.296.9
10
Total other expenses5.296.9
Total expenses16.5327.56

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax9.7720.04
4Exceptional items 00
5Total profit before tax9.7720.04
7Tax expense
8Current tax06.5
9Deferred tax00
10Total tax expenses06.5
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations9.7713.54
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period9.7713.54

Financial Results Ind-AS

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2Income tax relating to items that will not be reclassified to profit or loss 00
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 00
5Total Other comprehensive income00

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period9.7713.54
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital
Face value of equity share capital
27Details of debt securities
Paid-up debt capital
Face value of debt securities
28Reserves excluding revaluation reserve
29Debenture redemption reserve
30Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations0.130.18
Diluted earnings (loss) per share from continuing operations0.130.18
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations0.130.18
Diluted earnings (loss) per share from continuing and discontinued operations0.130.18
31Debt equity ratio
32Debt service coverage ratio
33Interest service coverage ratio
34Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)1.The above results have been taken on record in the meeting of the Board of Directors of the Company after review by the Audit Committee at it's meeting held on 10.11.2017.
2. The Financial results for the Company have been prepared in accordance with Indian Accounting Standards (IND AS) as notified by the Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standard) Amendment Rules, 2016. The Company has for the first time adopted IND AS for the financial year commencing from April, 1 2017, with a transition date of April 2016.
3. The company has adopted to avail the relaxations provided by SEBI vide its circular no. CIR/CFD/FAC/62/2016 dated July 05, 2016 as applicable to listed entities for implementation of IND AS during the first year, Accordingly, the Company has provided IND AS compliant financial results only for the previous quarter ended September 30, 2016 alongwith the financial results for the quarter September 30, 2017.
4. The Company is engaged in the business of financial activities. There is only one 'business segment' and 'geographical segment' and therefore, the segment information as per Accounting Standard - 17 on "Segment Reporting" is not provided by the Company.
5. The Company is engaged in the business of financial activities. There is only one 'business segment' and 'geographical segment' and therefore, the segment information as per Accounting Standard - 17 on "Segment Reporting" is not provided by the Company.
6.The figures for the previous periods have been regrouped/rearranged wherever necessary.
7. Reconciliation between Standalone Financial Results as reported under erstwhile Indian GAAP (referred as Previous GAPP) IND AS as summarised below :

Particulars Quarter ended 30.09.2016

Net Profit / (Loss) as reported under previous GAAP 6.26

Add / Less : Adjustments for Ind AS : 0.00

Net Profit / (Loss) as reported as per IND AS 6.26

Other Comprehensive Income (net of tax) : 0.00

Total Comprehensive Income based on IND AS 6.26



Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)Previous year ended (dd-mm-yyyy)
Date of start of reporting period01-04-201701-04-2016
Date of end of reporting period30-09-201731-03-2017
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
Assets
1 Non-current assets
Property, plant and equipment00
Capital work-in-progress00
Investment property00
Goodwill00
Other intangible assets00
Intangible assets under development00
Biological assets other than bearer plants00
Investments accounted for using equity method00
Non-current financial assets
Non-current investments00
Trade receivables, non-current00
Loans, non-current718.19709.19
Other non-current financial assets00
Total non-current financial assets718.19709.19
Deferred tax assets (net)00
Other non-current assets24.2723.11
Total non-current assets742.46732.3
2Current assets
Inventories00
Current financial asset
Current investments00
Trade receivables, current00
Cash and cash equivalents0.520.12
Bank balance other than cash and cash equivalents0.911.25
Loans, current00
Other current financial assets00
Total current financial assets1.431.37
Current tax assets (net)00
Other current assets00
Total current assets1.431.37

Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)Previous year ended (dd-mm-yyyy)
Date of start of reporting period01-04-201701-04-2016
Date of end of reporting period30-09-201731-03-2017
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
3Non-current assets classified as held for sale00
4Regulatory deferral account debit balances and related deferred tax Assets00
Total assets743.89733.67
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital742742
Other equity-18.71-28.47
Total equity attributable to owners of parent723.29713.53
Non controlling interest
Total equity723.29713.53
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current00
Trade payables, non-current00
Other non-current financial liabilities00
Total non-current financial liabilities00
Provisions, non-current00
Deferred tax liabilities (net)00
Deferred government grants, Non-current00
Other non-current liabilities00
Total non-current liabilities00
Current liabilities
Current financial liabilities
Borrowings, current0.210.21
Trade payables, current3.733.18
Other current financial liabilities
Total current financial liabilities3.943.39
Other current liabilities0.110.2
Provisions, current16.5516.55
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities20.620.14
3Liabilities directly associated with assets in disposal group classified as held for sale
4Regulatory deferral account credit balances and related deferred tax liability
Total liabilities20.620.14
Total equity and liabilites743.89733.67
Disclosure of notes on assets and liabilities