Financial Results Summary (Amount in ₹ Lakhs)

Quarterly Performance (3 Months Ended September 30, 2019)

  • Revenue from operations: ₹161.28
  • Total Income: ₹161.28
  • Total Expenses: ₹154.85
  • Employee benefit expense: ₹5.35
  • Depreciation and amortization expense: ₹2.88
  • Other Expenses (Onsite Expenses): ₹146.62
  • Profit before tax: ₹6.43
  • Tax Expense: ₹0.00
  • Net Profit for the period: ₹6.43
  • Earnings Per Equity Share: ₹0.01

Half-Yearly Performance (6 Months Ended September 30, 2019)

  • Revenue from operations: ₹1,439.88
  • Total Income: ₹1,439.88
  • Total Expenses: ₹1,421.38
  • Employee benefit expense: ₹25.20
  • Finance costs: ₹22.04
  • Depreciation and amortization expense: ₹13.07
  • Other Expenses (Onsite Expenses): ₹1,361.07
  • Profit before tax: ₹18.50
  • Tax Expense: ₹0.00
  • Net Profit for the period: ₹18.50
  • Earnings Per Equity Share: ₹0.02

Comparative Figures

Previous Quarter (3 Months Ended June 30, 2019):

  • Revenue from operations: ₹449.51
  • Net Profit: ₹9.76

Previous Year Corresponding Quarter (3 Months Ended September 30, 2018):

  • Revenue from operations: ₹705.84
  • Net Profit: ₹9.75

Previous Year Half Year (6 Months Ended September 30, 2018):

  • Revenue from operations: ₹525.03
  • Net Profit: ₹21.68

Full Year Ended March 31, 2019:

  • Revenue from operations: ₹2,498.65
  • Net Profit: ₹43.88

Statement of Assets and Liabilities as at September 30, 2019 (Unaudited)

Total Assets: ₹1,042.45 Lakhs

Non-Current Assets: ₹54.37 Lakhs

  • Property, plant and equipment: ₹21.08
  • Loans, non-current: ₹31.79
  • Deferred tax assets (net): ₹1.50

Current Assets: ₹988.08 Lakhs

  • Inventories: ₹875.00
  • Trade receivables, current: ₹105.58
  • Cash and cash equivalents: ₹0.03
  • Bank balance other than cash and cash equivalents: ₹1.35
  • Other current financial assets: ₹6.12

Equity and Liabilities

Total Equity: ₹1,003.64 Lakhs

  • Equity share capital (Face Value ₹10/- per share): ₹681.69
  • Other equity: ₹321.95

Total Liabilities: ₹38.81 Lakhs

  • Deferred tax liabilities (net): ₹23.61
  • Trade payable, current: ₹12.84
  • Current tax liabilities (Net): ₹2.36

Cash Flow Statement for Half Year Ended September 30, 2019

Operating Activities

  • Profit before tax: ₹21.68
  • Adjustments: ₹302.58
  • Adjustments for finance costs: ₹1.46
  • Adjustments for decrease in inventories: ₹214.80
  • Adjustments for decrease in trade receivables: ₹9.52 (current) + ₹31.05 (non-current)
  • Adjustments for decrease in other current assets: ₹20.25
  • Adjustments for depreciation and amortisation: ₹27.71
  • Other adjustments: ₹1.60
  • Net cash flows from operating activities: ₹324.26

Investing Activities

  • Net cash flows from investing activities: ₹0.00

Financing Activities

  • Net cash flows from financing activities: ₹0.00

Net Change in Cash

  • Net increase in cash and cash equivalents: ₹324.26
  • Cash and cash equivalents at beginning of period: ₹0.46
  • Cash and cash equivalents at end of period: ₹324.72

Auditor's Review Report

M/s BGS AND ASSOCIATES, Chartered Accountants, issued a limited review report on the unaudited standalone financial results. The auditors concluded that based on their review, nothing has come to their attention that causes them to believe that the accompanying statement:

  • Has not disclosed the information required under Regulation 33 of SEBI LODR Regulations
  • Contains any material misstatement

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of Companies Act, 2013 and SEBI LODR Regulations.

Additional Information

  • Paid-up Equity Share Capital: ₹681.69 Lakhs (unchanged throughout periods)
  • Reserves excluding revaluation reserve: ₹302.95 Lakhs (as at September 30, 2019)
  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors