ABC India Ltd. — Annual Report 2019

May 28, 2019

40/8,BALLYGUNGEC1RCULAR PHONE ; (033) 2461 4156/4157, ROAD, m ; KOLKATA 91-33-24614193 E-MAIL : cmd@ubcindia.zom, HOME PAGE : www.chtindiu.tom ^V

Date: 28"I May, 2019

fie Secretary, The Secretary, Phiroze Jeejeebhoy Towers, 7, Lyons Range, Dalal Street, Kolkata- 700 001 Mumbai — 400 001. Code —

BSE Limited, The Calcutta Stock Exchange Ltd.,

520123 Code No.- 10011146

Dear Sir(s),

Req: Outcome of Board Meetinq held on 28'" Mav. 2019

With reference to our letter dated 21St May, 2019, the Board of Directors of the Company in its meeting held on date i.e. 28'" May, 2019 has, inter alia, transacted the following business:

1. Reviewed and approved the Standalone Audited Financial Results of the Company for the quarter and year ended on 315' March, 2019 and have taken note of the Audit Report as issued by the Statutory Auditors on the aforesaid results and pursuant to regulation 30(6) and 33 of SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015, ^a copy of the same is enclosed along with declaration with respect to un-modified opinion in audit reports of the Statutory Auditors.

2. Reviewed and approved the Standalone Audited Annual Accounts for the financial year ended on 315' March, 2019.

Please note that the meeting commenced at ¹²⁰⁰ Noon and concluded at 03:00 PM.

This may please be informed to the members of your Stock Exchange(s).

Please acknowledge the receipt of the above.

Thanking You,

Yours faithfully, For ABC India Ltd.

5 6'71"? ^A 5," .4 .J

Sanjay Agarwal Company Secretary

Encl : As Above

	operations from Income Other Revenue	10.09 4,515.32	18.42 2,948.39	36.11 11,664.55
	II) I + Income Total	4,525.41	2,966.81	11,700.66
IV.	by—products goods, finished of stock-In-Trade inventories of in Purchase Changes (a) (b) Expenses	1,532.76	1,541.57	5,779.56
	services and totransportation relating work-in-progress and Expenditure (c)	49.80 2,187.40	3.32 891.01	(2.06) 3,575.32
	benefits construction of Cost Emponee (cl)	39.56	107.65	638.76
	expense Costs Finance (f) (e)	20927 107.47	89.00 254.55	953.86 392.58
	expenses amortisation and Expenses Other Depreciation (9) (h)	22.29 227.03	31.97 252.85	149.65 1,149.79
	Total	4,375.58	3,171.92	12,640.46
	- III tax and Items ex before loss Profit]	149.83	205.11	939.80
	I Items		631.27	944.73
	VI + tax before loss Profit!	149.83	426.16	4.93
	Tax Tax Expenses Current Deferred (21) Tax	30.85	15.93 107.11	15.93 99.51
	I VIII - ad the for Profit Net	118.99	517.34	89.51
	Loss or Loss or Profit tax) to of Profit to (net reclassified Income be reclasified not be w that thatw Comprehensive Items . Items 8 Other		4.55	4.55
	+ ncome 0		521.89	93.06
XI. XII. XIII.	each annuaIised): (not 10/— Rs. of each) Rs.10/- Capital (of Share Share per Equity Paid-up Earning		541.72	541.72
	Basic D'Iuted b) a)		955 9.55	1.63 1.63

	$\mathbf{z}^*$ CIN-L63011WB1972PLC217415 REGD. OFF: P-10 NEW C.I.T ROAD, KOLKATA - 700 073, Phone: (033) 22371745/24614156, FAX: (033) 24614193
	Email: vrmd@abcindia.com ; Website : www.abcindia.com Statement of Audited Assets and Liabilities as at 31st March, 2019.
			(₹In Lakhs)
SI. No.	Particulars	As at 31.03.2019 (Audited)	As at 31.03.2018 (Audited)
А	ASSETS
$\mathbf{1}$	Non-current assets a) Property, plant and equipment	1.223.00	1,370.64
	b) Intangible Asets	0.94	1.44
	c) Financial assets
	(i) Investments (ii) Other Financial Assets	355.64 107.30	255.73 93.65
	d) Deferred tax assets
	e) Other non-current assets Sub total- Non-current assets	46.95 1,733.83	46.95
			1,768.41
$\overline{2}$	Current assets
	a) Inventories b) Financial assets	56.74	56.10
	(i) Investments	709.96	266.35
	(ii) Trade and other receivables	3,783.42	2,583.98
	(iii) Cash and cash equivalents (iv) Bank balances other than cash and cash equivalents	154.54 104.11	224.65 87.81
	(v) Loans	114,80	71.57
	(vi) Other financial assets c) Current tax assets (net)	710.42 394.94	759.08 476.93
	d) Other current assets	349.57	303.05
	Sub total- Current assets	6,378.50	4,829.52
	TOTAL-ASSETS	8,112.33	6,597.93
в	EQUITY AND LIABILITIES
$\mathbf{1}$	Equity
	a) Equity share capital	541.23	541.23
	b) Other equity Sub total- Equity	2,401.54 2,942.77	1,841.87 2,383.10
$\overline{2}$	Liabilities Non-current liabilities
	a) Financial liabilities
	(i) Borrowings (ii) Other financial liabilities	237.78	695.65
	b) Provisions	0.61 142.42	0.54 105.31
	c) Deferred tax liabilities (net)	77.07	169.04
	d) Other non-current liabilities Sub total- Non-current liabilities	157.66 615.54	136.37 1,106.91
3	Current liabilities a) Financial liabilities
	(i) Borrowings	961.64	1,215.61
	(ii) Trade and other payables (iii) Other financial liabilities	1,717.23	573.00
	b) Other current liabilities	724.44 1,146.71	644.17 672.55
	c) Provisions	4.01	2.59
	Sub total- Current liabilities	4,554.03	3,107.92
	TOTAL- LIABILITIES	8,112.33	6,597.93

Wat field Q

NDM R ( KOLKATA) OLWY 责

REGD. OFF : P-10 NEW C.I.T ROAD, KOLKATA - 700 073, Phone: (033) 22371745/24614156, FAX: (033) 24614193
Email : vrmd@abcindia.com ; Website : www.abcindia.com CIN-L63011WB1972PLC217415 ABC INDIA LIMITED

STATEMENT OF AUDITED SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2019					(₹In Lakhs)
		Quarter Ended		Year ended
PARTICULARS	31.03.2019 (Audited)	(Unaudited) 31.12.2018	31.03.2018 (Audited)	31.03.2019 (Audited)	31.03.2018 (Audited)
Segment Revenue (Net Sale / Income from each segment)
a) Freight & Services	4,986.09	3,508.49	1,202.49	11,216.77	5,068.54
b) Petrol Pump	1,437.83	2,051.57	1,572.07	6,373.42	5,956.62
c) Construction	(45.65)	(110.51)	173.83	109.27	639.39
d) Unallocated
Total	6,378.26	5,449.55	2,948.39	17,699.46	11,664.55
ess: Inter Segment Revenue
Revenue from operations	6,378.26	5,449.55	2,948.39	17,699.46	11,664.55
Segment Results - Profit /(Loss) before tax, finance costs : $\sim$
a) Freight & Services	495.74	590.23	395.07	1,260.62	512.43
b) Petrol Pump	15.55	17.46	17.73	64.83	63.52
c) Construction	(83.20)	22.62	35.40	235.67	189.76)
Total	428.09	630.31	448.20	1,089.78	386.19
i) Finance costs Less	132.10	24.34	89.01	369.15	392.59
ii) Other unallocable expenditure net off Unallocable income	(23.64)	232.69	(66.96)	220.17	(11.33)
Profit /(Loss) before tax	319.63	373.28	426.15	500.46	4.93
Segment Assets 3
a) Freight & Services	5,475.64	5,182.84	4,086.05	5.475.64	4,086.05
b) Petrol Pump	249.39	206.51	221.92	249.39	221.92
c) Construction	366.07	460.62	509.21	366.07	509.21
(d) Unallocated	2.021.23	2.210.11	.611.71	2,021.23	1,611.71
Total	8,112.33	8,060.08	6,428.89	8,112.33	6,428.89
Segment Liabilities
a) Freight & Services	2,194.83	2,445.85	535.23	2,194.83	535.23
b) Petrol Pump	232.05	189.71	201.68	232.05	201.68
c) Construction	225.30	287.86	328.09	225.30	328.09
(d) Unallocated	723.72	715.12	668.77	723.72	668.77
Total	3,375.89	3,638.54	1,733.77	3,375.89	1.733.77

$\frac{5}{9}$

Notes: 1) above audited financial results have been reviewed by the Audil Commitlee and lherealler the Buard 0! Directors have approved Ihe above results at lheir respeclive meetings held on 28th May. 2019 2) figures tor the quaner ended 31/03/2019 and corresponding quaner ended 31/03/2018 are the balancing figures between the audiled figures in respecl of the financial year and the year to dale figures upto lhe quarter or the resuective financial year. 3) Company carries oul its business in three segmenls viz , Freight 8. Services , Petrol Pump and Conslrucliunr 4) figures at previous periods ^I year has been regmuped / reclassified wherever necessary to make them oomparable with those of lhe current period I year, For and on behall ot the Board of Directors ABC Indla Limited Anand Kumar Agarwal Place 0' Signature : Kolkata ' . Chaimian

Date: 28th 2019 , DIN: 00330908

AUDITOR'S REPORT ON QUARTERLY FINANCIAL RESULTS AND YEAR ENDED RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBIILISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

To Board of Directors M/s. ABC India Limited

We have audited the quarterly financial results of M/s. ABC India Limited ("the Company") for the quarter ended 3lst March, ²⁰¹⁹ and the year to date results for the period lst April, ²⁰¹⁸ to 3lst March, 2019, attached herewith, being submitted by the company pursuant to the requirement of Regulation ³³ of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

These quarterly financial results as well as the year to date financial results have been prepared on the basis of financial statements, which are the responsibility of the company's management. Further, the quarterly financial results for the quarter ended Blst March, ²⁰¹⁹ are derived figures between the audited figures in respect of the year ended ³¹⁵¹ March, ²⁰¹⁹ and the published year—to-date figures for the period lst April, ²⁰¹⁸ to Slst December, ²⁰¹⁸ being the date of the end of the third quarter of the current financial year which were subject to limited review in accordance with Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India.

Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (Ind AS 34), prescribed, under Section ¹³³ of the Companies Act, ²⁰¹³ read with relevant rules issued thereunder, or by the Institute of Chartered Accountants of India, as applicable and other accounting principles generally accepted in India.

We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on ^a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides ^a reasonable basis for our opinion.

In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results:

• i) are presented in accordance with the requirements of Regulation ³³ of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015in this regard; and
• ii) give ^a true and fair View of the net profit and other financial information for the quarter ended 3lst March, 2019 as well as the year to date results for the period from Ist April, 2018 to 315t March, 2019.

For B D ^S & CO. (Formerly Bharat D. Sarawgee & Co.) 6m Charterefintants

Bharat D. Saraw ^e . Partner / Membership No. F61505 Date : 28th day May, ²⁰¹⁹ ICAI Registration No. 326264E

Place : Kolkata

Date: 28.05.2019

Vme Secretary, The Secretary, Phiroze Jeejeebhoy Towers, 7, Lyons Range, Dalal Street, Kolkata- 700 001 Mumbai — 400 001. Code — 520123 Code No.- 10011146

BSE Limited, The Calcutta Stock Exchange Ltd.,

Reg :Declaration with respect to Standalone Audit Report with un-modified opinion

Pursuant to Regulation 33(3)(d) of the Securities & Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 and SEBI Circular No. ClR/CFD/CMD/56/2016 dated May 27, 2016 we hereby declare that We ^{B D S} & CO. ( Formerly Bharat D. Sarawgee & Co.) Chartered Accountants, Statutory Auditors of the Company have not expressed any modified opinion(s) on the Audited Financial Results for the Financial year ended on 315' March, 2019'

Kindly take the above information on record,

Thanking You.

Yours faithfully,

For ABC India Ltd.

⁵ Wt»? 931% we!

SANJAY AGARWAL Chief Financial Officer