Financial Results Highlights

Income Statement (Amounts in ₹ Lakhs):

For Quarter Ended March 31, 2022:

  • Income from Operations: ₹0.00
  • Other Income: ₹0.09
  • Total Income: ₹0.09
  • Total Expenses: ₹1.05
  • Employee benefits expense: ₹0.36
  • Other expenses: ₹0.69
  • Net Loss before tax: ₹(1.05)
  • Net Loss for the quarter: ₹(1.05)
  • Basic and Diluted EPS: ₹(0.0008)

For Year Ended March 31, 2022:

  • Income from Operations: ₹0.00
  • Other Income: ₹0.09
  • Total Income: ₹0.09
  • Total Expenses: ₹3.88
  • Employee benefits expense: ₹1.44
  • Other expenses: ₹2.44
  • Net Loss before tax: ₹(3.79)
  • Net Loss for the year: ₹(3.79)
  • Basic and Diluted EPS: ₹(0.008)

Balance Sheet Position as at March 31, 2022 (Amounts in ₹ Lakhs):

  • Total Assets: ₹6.06
  • Non-Current Assets: ₹5.76
  • Current Assets: ₹0.30
  • Shareholders' Funds: ₹(194.57)
  • Share Capital: ₹461.32
  • Reserves and Surplus: ₹(655.89)
  • Current Liabilities: ₹200.63
  • Short-term borrowings: ₹192.46
  • Other current liabilities: ₹7.39
  • Short-term provisions: ₹0.78

Cash Flow Statement for Year Ended March 31, 2022 (Amounts in ₹ Hundreds):

  • Cash Flow from Operating Activities: ₹(788.02)
  • Cash Flow from Investing Activities: ₹0.00
  • Cash Flow from Financing Activities: ₹700.00 (from share capital proceeds)
  • Net Increase in Cash: ₹(88.02)
  • Cash and Cash Equivalents Opening: ₹389.48
  • Cash and Cash Equivalents Closing: ₹301.46

Additional Information

  • The financial results are prepared in compliance with Indian Accounting Standards (Ind-AS).
  • The results were reviewed by the Audit Committee and approved by the Board of Directors on May 30, 2022.
  • The company has provided a reconciliation table for Net Profit and Equity between previous GAAP and Ind-AS, but all fields in the table are blank with no data provided.
  • Previous period/year figures have been regrouped/reclassified for comparability.
  • Paid-up equity share capital remains unchanged at ₹461.32 lakhs (face value of ₹10 per share).