Key Financial Results

Quarter Ended 30 September 2020 (Unaudited)

  • Income From Operations: ₹0.00
  • Other Income: ₹0.00
  • Total Income: ₹0.00
  • Expenses: ₹0.38 lakh
  • Depreciation and amortisation expense: ₹0.36 lakh
  • Other expenses: ₹0.02 lakh
  • Net Loss before tax: ₹(0.38) lakh
  • Tax Expense: ₹0.00
  • Net Loss for the period: ₹(0.38) lakh
  • Total Comprehensive Income: ₹(0.38) lakh
  • Paid-up equity share capital: ₹46,132,000.00 (Face Value of ₹10 per share)
  • Earnings Per Share (Basic): ₹(0.00)
  • Earnings Per Share (Diluted): Not provided

Half Year Ended 30 September 2020 (Unaudited)

  • Net Loss for the period: ₹(1.00) lakh
  • Total Comprehensive Income: ₹(1.00) lakh

Comparative Figures

Quarter Ended 30 June 2020 (Unaudited): Net Loss of ₹(0.62) lakh

Quarter Ended 30 September 2019 (Unaudited): Net Loss of ₹(0.31) lakh

Half Year Ended 30 September 2019 (Unaudited): Net Loss of ₹(0.45) lakh

Year Ended 31 March 2020 (Audited): Paid-up equity share capital of ₹46,132,000.00

Regulatory and Governance Details

  • The financial results were reviewed by the Audit Committee on 8 November 2020
  • Approved by the Board of Directors on 12 November 2020
  • Prepared in compliance with Indian Accounting Standards (Ind AS)
  • Statutory Auditors: P.D. Agarwal & Co., Chartered Accountants (Firm Registration No. 001049C)
  • Limited review conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI
  • The company adopted Ind AS for the financial year commencing from 1 April 2017

Notes to Financial Results

1. The results are in compliance with Indian Accounting Standards (Ind-AS)

2. Previous period figures have been restated as per Ind AS

3. The Statutory Auditors carried out a "Limited Review" of the financial results

4. Previous period/Year figures have been regrouped/reclassified for comparability

5. The limited review report notes that comparative figures including reconciliation to the Total Comprehensive Income for the quarter ended September 2020 were furnished by Management and not reviewed by the auditors

Financial Impact Assessment

The company reported minimal operational activity with no income from operations and modest expenses primarily consisting of depreciation. The financial impact is quantified in the results above.