(Formerly known as International Pumps & Projects Limited)

Particulars Notes 31st March 2017 31st March 2016

(Rupees) (Rupees)

EQUITY AND LIABILITIES

Shareholders' fund

Share Capital 2 70,205,000 70,205,000

Reserves and Surplus 3 (6,455,407) (9,357,639)

Current liabilities

Trade Payables 4 71,547,703 12,678,796

Total 135,297,296 73,526,157

ASSETS

Non- Current Asset

Fixed Assets: -

Tangible Assets 5 565,231 88,048

Deffered Tax Assets 6 404,822 558,794

Non- current investments 7 765,330 -

Long term loans and advances 8 23,223,953 21,578,101

Current Assets

Trade Receivables 9 65,476,520 10,616,345

Cash and Cash Equivalents 10 42,133,060 40,407,904

Short term loans and advances 11 1,264,473 276,965

Other Current Assets 12 1,463,907 -

Total 135,297,296 73,526,157

Summary of significant acounting polices 1

The accompanying notes are an integral part of the financial statements.

As per our report of even date

FOR V.N. PUROHIT & CO.

Firm Regn. No. 304040E

Chartered Accountants

Sd/- Sd/- Sd/-

Khushboo Agarwal Ankit AgarwalO.P. Pareek Director Managing DirectorPartner DIN: 06792261 DIN: 05254327Membership No. 014238

New Delhi, the 27th day of May 2017

KOTIA ENTERPRISES LIMITED

BALANCE SHEET AS AT 31ST MARCH, 2017

For and on behalf of the Board of Directors of

Kotia Enterprises Limited

(Formerly known as International Pumps & Projects Limited)

Particulars Notes 31st March 2017 31st March 2016

(Rupees) (Rupees)

Income

Revenue from operations 13 276,298,658 201,620,510

Other income 14 4,737,286 4,892,468

Total Revenue (I) 281,035,944 206,512,978

Expenses

Purchase of stock- in trade 15 170,187,670 203,713,896

Operating Expenses 16 104,992,903 -

Employee benefit expenses 17 793,856 548,975

Other administrative expenses 18 795,194 3,444,557

Depreciation 5 32,817 16,072

Total Expenses (II) 276,802,440 207,723,500

4,233,504 (1,210,522)

Exceptional and extraordinary items 19 - 22,695

Profit before taxes 4,233,504 (1,233,217)

Tax expenses:-

Current Tax (1,177,300) (179,705)

Deferred tax (153,972) 560,769

Profit/ (loss) for the year 2,902,232 (852,153)

Earning per share (EPS)

[nominal value of share Rs. 10/-]

Basic 0.41 (0.12)

Diluted 0.41 (0.12)

Summary of significant acounting polices 1

The accompanying notes are an integral part of the financial statements.

As per our report of even date

FOR V.N. PUROHIT & CO.

Firm Regn. No. 304040E

Chartered Accountants

Sd/- Sd/- Sd/-

Khushboo Agarwal Ankit Agarwal

O.P. Pareek Director Managing Director

Partner DIN: 06792261 DIN: 05254327

Membership No. 014238

New Delhi, the 27th day of May 2017

KOTIA ENTERPRISES LIMITED

STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED ON 31ST MARCH, 2017

For and on behalf of the Board of Directors of

Kotia Enterprises Limited

Profit/ (loss) before exceptional and

extraordinary items and tax ( I - II)