Board Meeting Details

The Board of Directors meeting was held on May 10, 2022, commencing at 10:00 AM and concluding at 11:00 AM. The Board considered, approved, and took on record the Unaudited Financial Results for the 4th Quarter ended March 31, 2022, along with the Audited Financial Results for the Financial Year ended March 31, 2022.

Financial Results - Quarter Ended March 31, 2022 (Unaudited)

  • Revenue from Operations: ₹1.51 lakh (compared to ₹3.82 lakh in Q4 FY21, representing a 60.5% decrease)
  • Total Income: ₹1.51 lakh (no other income)
  • Total Expenses: ₹15.24 lakh
  • Employee benefit expenses: ₹4.35 lakh
  • Depreciation and amortization expense: ₹2.50 lakh
  • Other Expenses: ₹14.55 lakh
  • Profit/(Loss) before tax: (₹1.48) lakh (loss)
  • Tax Expense: ₹0.00
  • Net Profit/(Loss) for the period: (₹1.48) lakh (loss)
  • Earnings Per Share (Basic & Diluted): ₹0.0

Financial Results - Year Ended March 31, 2022 (Audited)

  • Revenue from Operations: ₹9.29 lakh (compared to ₹10.91 lakh in FY21, representing a 14.9% decrease)
  • Total Income: ₹9.29 lakh (no other income)
  • Total Expenses: ₹92.84 lakh
  • Profit/(Loss) before exceptional items & tax: ₹0.39 lakh
  • Exceptional Items: ₹0.00
  • Profit/(Loss) before tax: (₹8.65) lakh (loss)
  • Tax Expense: ₹0.20 lakh
  • Net Profit/(Loss) for the period: (₹8.85) lakh (loss)
  • Total Comprehensive Income: (₹8.85) lakh (loss)
  • Paid-up Equity Share Capital: ₹681.69 lakh (Face Value ₹10/-)
  • Reserves excluding Revaluation Reserves: ₹305.02 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.0

Statement of Assets and Liabilities as at March 31, 2022

Total Assets: ₹1,016.48 lakh

  • Non-Current Assets: ₹41.61 lakh (Property, plant and equipment: ₹41.61 lakh)
  • Current Assets: ₹974.87 lakh
  • Inventories: ₹935.64 lakh
  • Trade receivables, current: ₹30.36 lakh
  • Cash and cash equivalents: ₹0.05 lakh
  • Bank balance other than cash and cash equivalents: ₹0.88 lakh
  • Other current assets: ₹7.94 lakh

Equity and Liabilities: ₹1,016.48 lakh

  • Equity: ₹681.69 lakh (Equity share capital: ₹681.69 lakh)
  • Non-Current Liabilities: ₹29.56 lakh
  • Trade Payables, non-current: ₹5.95 lakh
  • Other non-current financial liabilities: ₹23.61 lakh
  • Current Liabilities: ₹305.23 lakh
  • Trade Payables, current: ₹0.00 lakh
  • Other current financial liabilities: ₹305.02 lakh
  • Other current liabilities: ₹0.20 lakh

Cash Flow Statement for Year Ended March 31, 2022

  • Net cash flows from operating activities: ₹9.07 lakh
  • Net cash flows from investing activities: ₹0.00 lakh
  • Net cash flows from financing activities: ₹0.00 lakh
  • Net increase in cash and cash equivalents: ₹9.07 lakh
  • Cash and cash equivalents at beginning of period: ₹0.43 lakh
  • Cash and cash equivalents at end of period: ₹9.50 lakh