ABC India Ltd. — Interim / Quarterly Report 2020

Sep 15, 2020

Date: 15" September, 2020

/BSE Limited		The Calcutta Stock Exchange Limited
Phiroze Jeejeebhoy Towers,		7, Lyons Range,
Dalal Street, Fort,	4	Kolkata- 7000 01
Mumbai — 400 001		Scrip Code No. 10011146
Scrip Code 520123 :

Dear Sir(s),

Reg: Outcome of Board Meeting held on 15 September, 2020

With reference to our letter dated 8" September, 2020, the Board of Directors of the Company in its meeting held on date i.e.15™ September, 2020 has reviewed and approved the Un-audited Standalone Financial Results of the Company for the quarter ended on June 30, 2020 and have taken note of the Limited Review Report as issued by the Statutory Auditors of the Company and placed before the Board pursuant to Regulation 30 (6) and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on the aforesaid results and copies of the same are enclosed and marked as Annexure-l.

Please note that the meeting commenced at 4:15 P.M. and concluded at 5:10 P.M.

This may please be informed to the Members of your Stock Exchange.

Please acknowledge the receipt of the above.

Thanking You,

Yours faithfully,

For ABC India Limited

Ss Avy oy FUE aaa

Sanjay Agarwal Company Secretary & Compliance Officer

Encl: As above

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

	OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE, 2020 STATEMENT
					₹ In Lakhs)
			Quarter ended		Year Ended
	ICULARS PARTI	(Unaudited) 30.06.2020	(Audited)* 31.03.2020	(Unaudited) 30.06.2019	31.03.2020 (Audited)
$\equiv$ $\frac{1}{2}$	Revenue from operations Other Income	2,807.64 11.97	14.06 2,330.21	6,410.82 13.88	22,072.78 57.91
$\equiv$	Total Income (I + II)	2,819.61	2,344.26	6,424.70	22,130.70
$\geq$	(b) Changes in inventories of finished goods, by-products (a) Purchase of stock-in-Trade Expenses	525.93	1, 143.23	1,557.33	5,217.99
	and work-in-progress	(6.91) 1,891.88	3.18 426.39	6.18 4,145.75	12.29
	(c) Expenditure relating to transportation and services (d) Cost of construction		1.00	5.46	13,846.67 10.44
	(e) Employee benefits expense	183.69	225.15	192.33	805.72
	(g) Depreciation and amortisation expenses (f) Finance Costs	41.75 39.04	104.22 75.35	64.10 17.97	129.70 348.67
	(h) Other Expenses	100.08	523.33	238.21	1,352.73
	Total Expenses	2,775.46	2,501.85	6,227.32	21,724.20
$\frac{1}{2}$	Profit/(loss) before exceptional Items and tax (III - IV)	44.15	(157.58)	197.37	406.49
$\overline{5}$	Exceptional Items		4.33		2.92
$\overline{5}$ $\overline{5}$	Profit/ (loss) before tax (V + VI) Tax Expenses	44.15	(153.25)	197.37	409.41
	(b) Deferred Tax (a) Current Tax		(17.18)		(17.18)
×	Net Profit for the period (VII - VIII)	44.15	(136.06)	197.37	426.59
$\dot{\times}$	A. I. Items that will not be reclassified to Profit or Loss B. I. Items that will be reclassified to Profit or Loss Other Comprehensive Income (net of tax)	Ċ	0.38		0.38
×.	Total Comprehensive income (Net of tax) (IX + X)	44.15	(135.68)	197.37	426.98
$\overline{\mathbf{x}}$	XIII. Earning per Share (of Rs. 10/- each) (not annualised): $10/-$ each Paid-up Equity Share Capital of Rs. a) Basic	541.72	541.72	541.72	7.87 541.72
	b) Diluted	0.82	$(2.51)$ $(2.51)$	3.64 3.64	7.87

1,118.71 (₹In Lakhs) 10.23 2.714.70 3,435.89 249.45 5,383.84 22,072.78 22,072.78 1,172.12 414.03 6,323.90 263.12 1,134.04 53.41 348.67 409.41 9,301.72 4,819.38 16,678.71 Year ended 31.03.2020 (Audited) STATEMENT OF UNAUDITED SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER ENDED 30th JUNE, 2020 0.30 346.72 16.02 64.10 101.27 228.04 6,825.55 3,226.26 4,796.12 1,614.39 362.74 197.37 2.952.14 $\overline{10,039,10}$ 1,716.58 5,170.88 6,410.81 $6,410.81$ 261.41 30.06.2019 (Unaudited) REGD. OFF : P-10 NEW C.I.T ROAD, KOLKATA - 700 073, Phone: (033) 22371745/24614156, FAX: (033) 24614193 Quarter Ended $(153.25)$ 3.72 $(182.09)$ 104.22 $(121.10)$ 1,164.59 2,330.22 11.97 6,323.90 263.12 9,301.72 3,435.89 249.45 1,161.90 2,330.22 $(170.12)$ 2,714.70 1,134.04 4,819.38 (Audited)* 31.03.2020 Email: vrmd@abcindia.com; Website: www.abcindia.com 288.10 268.86 543.23 188.81 5.62 41.75 108.53 44.15 9,872.12 6,253.18 3,330.83 2,461.16 2,611.92 5,341.94 2,819.61 2,819.61 2,276.37 194.43 CIN-L63011WB1972PLC217415 (Unaudited) 30.06.2020 ABC INDIA LIMITED ii) Other unallocable expenditure net off Unallocable income Segment Results - Profit ((Loss) before tax, finance costs : Segment Revenue (Net Sale / Income from each segment) PARTICULARS Less: Inter Segment Revenue Revenue from operations Profit /(Loss) before tax i) Finance costs a) Freight & Services
b) Petrol Pump a) Freight & Services a) Freight & Services a) Freight & Services Segment Liabilities Segment Assets b) Petrol Pump b) Petrol Pump b) Petrol Pump (c) Unallocated (c) Unallocated c) Unallocated Less Total Total Total Total $\sim$ $\infty$

$\overline{a}$

Notes The 1)	above unaudited financial results have been reviewed by the Audit Committee and thereafter the Board of Directors have approved the above results at their respective meetings held on 15th September,2020.
2)	The Auditors have carried out Limited Review(LR) on the aforesaid financial results for the quarter ended 30th June, 2020 and the report was placed before the Board and the same was noted.
3)	The figures of the quarter ended 31st March, 2020 are the balancing figures between audited figures in respect of the full financial year ended 31st March,2020 and the unaudited published year to date figures upto 31st December, 2019.
4)	The above results have been prepared in accordance with Ind AS-34 "Interim Financial Reporting " prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rule,2015, amended time to time.
5)	The Company carries out its business in two segments viz., Freight & Services and Petrol Pump .
6)	Impact of Covid-19: The company's operations and financial results for the quarter have been impacted due to lockdowns by the governments: authorities to contain the spread of COVID-19 outbreak. The operations gradually resumed in the phased manner with requisite precautions ny health and safety during the quarter. The results for the quarter are therefore not comparable with those for corresponding quarter in previou year.
7)	Exceptional and/or Extraordinary items adjusted in the Statement of Profit and Loss in accordance with Ind-AS Rules.
8)	The figures of previous periods / year has been regrouped /reclassified wherever necessary to make them comparable with those of the current period / year.
		For and on behalf of the Board of Directors of ABC India Limited my \N
	Place of Signature : Kolkata Date: 15th Septemeber,2021	Vijay Kumar Jain Director DIN: 00491871

LIMITED REVIEW _REPORT_ ON THE QUARTERLY UNAUDITED STANDALONE FINANCIAL RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBI_(LISTING OBLIGATIONS AND DISCLOSURE _ REQUIREMENTS) REGULATIONS, 2015

Review Report to ABC India Limited

• 1. We have reviewed the accompanying statement of unaudited financial results of ABC India Limited for the quarter ended 30" June, 2020 attached herewith, being submitted by the Company pursuant to the requirements of Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the SEBI Regulations"), as amended.
• This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors in their meeting held on 15" September 2020, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
• Go We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and an analytical procedure applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
• Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement prepared in accordance with applicable Accounting Standards as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013, read with the relevant rules issued there under and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 05, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Kolkata Date: 15.09.2020

SS (Membership Number-061505) FRN : 326264E