Netripples Software Limited submitted its audited Statement of Assets and Liabilities for the financial year ended 31st March 2019 to BSE Limited, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board of directors approved these financial results at its meeting held on 19th May 2019.

Financial Position as at 31st March 2019 (Comparative with 31st March 2018)

ASSETS

Non-Current Assets:

  • Total: ₹51,13,751 (Previous Year: ₹82,76,781)
  • Property, Plant and Equipment: ₹20,08,963 (Previous Year: ₹31,47,289)
  • Loans and advances / Financial Assets: ₹31,04,788 (Previous Year: ₹31,04,788)
  • Other non-current assets: ₹0 (Previous Year: ₹20,24,704)

Current Assets:

  • Total: ₹9,75,12,725 (Previous Year: ₹11,90,31,880)
  • Inventories: ₹8,60,16,715 (Previous Year: ₹10,74,91,440)
  • Trade receivables: ₹1,05,58,366 (Previous Year: ₹1,15,10,540)
  • Cash and cash equivalents: ₹3,25,205 (Previous Year: ₹18,450)
  • Loans: ₹0 (Previous Year: ₹11,450)
  • Other current assets: ₹6,12,439 (Previous Year: ₹0)

TOTAL ASSETS: ₹10,26,26,476 (Previous Year: ₹12,73,08,661)

EQUITY AND LIABILITIES

Equity:

  • Equity Share capital: ₹6,81,69,000 (Previous Year: ₹6,81,69,000)
  • Other Equity (Reserves and surplus): ₹3,02,95,142 (Previous Year: ₹2,59,06,142)
  • Total Equity: ₹9,84,64,142 (Previous Year: ₹9,40,75,142)

Liabilities

Non-Current Liabilities:

  • Deferred tax liabilities (net): ₹23,61,065 (Previous Year: ₹23,61,065)
  • Total Non-Current Liabilities: ₹23,61,065 (Previous Year: ₹23,61,065)

Current Liabilities:

  • Borrowings: ₹0 (Previous Year: ₹2,86,90,270)
  • Trade payables: ₹15,05,600 (Previous Year: ₹18,50,863)
  • Provisions: ₹2,95,670 (Previous Year: ₹3,31,321)
  • Total Current Liabilities: ₹18,01,270 (Previous Year: ₹3,08,72,454)

TOTAL EQUITY AND LIABILITIES: ₹10,26,26,477 (Previous Year: ₹12,73,08,661)

The financial statements were audited by BGS & ASSOCIATES, Chartered Accountants, and signed by Partner B. Govardhana. The board representation was signed by Managing Director Mazhar Pasha and Director Sameer Sohrab.