ABC India Ltd. — Interim / Quarterly Report 2021

Nov 12, 2021

PHONE : (033) 2461 4156 / 4157, FAX : 91-33-24614193 see E-MAIL : cmd@abcindia.com, HOME PAGE : www.abcindia.com INDIA LIMITED

Date: 12°" November, 2021

AT he Secretary, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street	The Secretary, The Calcutta Stock Exchange Ltd., 7, Lyons Range, Kolkata- 700 001
Mumbai — 400 001 Code — 520123	Code No.- 10011146

Dear Sir(s),

Reg: Outcome of Board Meeting held on 12™ November, 2021

With further reference to our letter of 2" November, 2021, the Board of Directors of the Company in its meeting held on date i.e. 12'" November, 2021 has, inter alia, reviewed and approved the Un-audited financial results for the quarter and half year ended on 30"" September, 2021 and have taken note of the Limited Review Report as issued by the Statutory Auditors of the Company pursuant to Regulation 30(6) and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on the aforesaid results and copies or the same are enclosed and marked as Annexure I.

Please note that the meeting commenced at 3:00 P.M. and concluded at 3:45 P.M.

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 Limited

Ss Ongey PS Awe

Sanjay Agarwal Company Secretary

Encl: As Above

		ABC INDIA LIMITED
		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 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2021
							$(3)$ In Lakhs)
			Quarter ended		Half year ended		Year Ended
		30.09.2021	30.06.2021
	PARTICULARS	(Unaudited)	(Unaudited)	30.09.2020	30.09.2021	30.09.2020	31.03.2021
				(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
	Revenue from operations	3.261.96	3,487.72	3.592.66	6.749.68	6.400.30	16,723.09
III.	Other Income	15.61	11.65	28.01	27.26	39.98	83.24
Iш.	Total Income (I + II)	3,277.57	3,499.37	3.620.67	6,776.94	6.440.28	16,806.33
IIV.	Expenses
	(a) Purchase of stock-in-Trade	1,355.02	903.59	849.64	2.258.61	1.375.57	3.699.20
	(b) Changes in inventories of finished goods, by-products
	and work-in-progress	(29.50)	29.54	(0.86)	0.04	(7.77)	(24.79)
	(c) Expenditure relating to transportation and services	1,462.24	2,110.40	2.250.20	3,572.64	4.142.07	11.088.10
	(d) Employee benefits expense	188.87	175.40	191.31	364.27	375.00	767.99
	(e) Finance Costs	62.51	52.71	53.99	115.22	95.73	240.00
	(f) Depreciation and amortisation expenses	26.18	26.70	35.04	52.88	74.08	152.90
	(g) Other Expenses	143.00	136.51	162.73	279.51	262.81	592.21
	Total Expenses	3,208.31	3,434.85	3,542.03	6,643.16	6.317.50	16,515.60
IV.	Profit/(loss) before exceptional Items and tax (III - IV)	69.26	64.52	78.64	133.78	122.78	290.73
lvı.	Exceptional Items						0.41
VII.	Profit/ (loss) before tax (V + VI)	69.26	64.52	78.64	133.78	122.78	291.14
VIII.	Tax Expenses
	(a) Current Tax						21.00
	(b) Deferred Tax						23.19
IX.	Net Profit for the period (VII - VIII)	69.26	64.52	78.64	133.78	122.78	246.95
Ix.	Other Comprehensive Income (net of tax)
	A. I. Items that will not be reclassified to Profit or Loss B. I. Items that will be reclassified to Profit or Loss						86.67
IXI.	Total Comprehensive income (Net of tax) $( X + X )$	69.26	64.52	78.64	133.78	122.78	333.62
lxıı.	Paid-up Equity Share Capital of Rs. 10/- each	541.72	541.72	541.72	541.72	541.72	541.72
	XIII. Earning per Share (of Rs.10/- each) (not annualised):
	a) Basic	1.28	1.19	1.45	2.47	2.27	4.56
	b) Diluted	1.28	1.19	1.45	2.47	2.27	4.56

*o∫

KOL-19

	ABC INDIA LIMITED 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 Unaudited Assets and Liabilities as at 30th Septemeber, 2021.
			(₹) In Lakhs)
SI. No.	Particulars	As at 30.09.2021	As at 31.03.2021
		(Unaudited)	(Audited)
А	ASSETS
1	Non-current assets
	a) Property, plant and equipment	959.75	988.67
	b) Intangible Assets c) Right to use Assets	1.86 200.09	2.44 285.16
	d) Financial assets
	(i) Investments	766.00	738.93
	(ii) Other Financial Assets e) Deferred tax assets	191.23 c	188.23
	f) Other non-current assets	48.42	46.95
	Sub total-Non-current assets	2,167.35	2,250.37
$\overline{2}$	Current assets
	a) Inventories	69.21	69.25
	b) Financial assets (i) Investments	1384.57	1,367.27
	(ii) Trade and other receivables	4472.64	5,104.02
	(iii) Cash and cash equivalents	144.59	180.13
	(iv) Bank balances other than cash and cash equivalents $(v)$ Loans	5.83 70.91	5.83 73.71
	(vi) Other financial assets	1527.61	1,400.54
	c) Current tax assets (net)	90.10	34.94
	d) Other current assets Sub total- Current assets	1509.54 9,274.99	282.11 8,517.79
	TOTAL-ASSETS	11,442.34	10,768.17
в	EQUITY AND LIABILITIES
$\mathbf{1}$	Equity
	a) Equity share capital	541.23	541.23
	b) Other equity Sub total-Equity	3008.49 3.549.72	2,901.79 3,443.03
	Liabilities
$\overline{2}$	Non-current liabilities a) Financial liabilities
	(i) Borrowings	556.89	576.39
	(ii) Lease Liability	18.54	44.12
	(iii) Other financial liabilities b) Provisions	35.40 152.45	0.76 152.45
	c) Deferred tax liabilities (net)	83.07	83.07
	d) Other non-current liabilities	87.88	88.91
	Sub total- Non-current liabilities	934.24	945.70
3	Current liabilities
	a) Financial liabilities (i) Borrowings	1062.51	901.06
	(ii) Lease Liability	15.12	84.39
	(iii) Trade and other payables	3683.49	3,924.21
	(iv) Other financial liabilities b) Other current liabilities	260.87	308.40
	c) Provisions	1931.13 5.25	1,156,14 5.25
	Sub total- Current liabilities	6,958.37	6,379.45
	TOTAL-LIABILITIES	11,442.34	10,768.17

$\frac{1}{2}$

(CASH FLOWS FROM OPERATING ACTIVITIES
Profit before Tax Adjustments for
Depreciation and Amortisation Expense Interest Income
Dividend Income
Finance cost Leave Encashment
Gratuity
(Profit) /Loss on sale of assets (Profit)/ Loss from Partnership firm
Liabilities no longer required written back Income from Derivative transactions
Bad Debts, Advances, etc, written off
Operating profit before working capital changes Adjustments for Changes in Working Capital:
Trade receivables, loan and advances and other assets		(1,271.16)
Inventories Trade payables, other liabilities and provisions		(24.79)
Cash generated from operations
Direct Taxes paid (net of Refunds) Net Cash Flows (Used in) Operating Activities
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment, intangible assets		(49.00)
Sales of property, plant and equipment Purchase of Non-current investment		0.43 (220.60)
Capital (Deposit) / Withdrawn from Partnership firm		(298.20)
Proceeds upon maturity of Fixed Deposits with Banks Capital Expenditure on fixed assets, including capital advances		(9.59)
Margin Deposit/received for derivative trading
Investment in Fixed Deposits with Banks Interest received
Dividend received
Net Cash Flows (Used In) / From Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of short term borrowings (Net)
Payment of Leases Repayment of long term borrowings (Net)
Loans Received /Given
Payment of dividend Finance Cost
Net Cash Flows From / (Used In) Financing Activities
Net Changes in Cash and Cash Equivalents (A)+(B)+(C)
Cash and Cash Equivalents as at 1 April		(53.39) 229,72
Round off
Cash and Cash Equivalents as at 30th September,2021		176.33

	REGD. OFF : P-10 NEW C.I.T ROAD, KOLKATA - 700 073, Phone: (033) 22371745/24614156, FAX: (033) 24614193	ABC INDIA LIMITED CIN- L63011WB1972PLC217415
	STANDALONE UNAUDITED SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER,2021	Email : vrmd@abcindia.com ; Website : www.abcindia.com					(®)In Lakhs)
			Quarter Ended		Half Year ended		Year Ended
	PARTICULARS	eat Stinaeiee)	30.06.2021 (Unaudit	30.09.2020 (v )	30.09.2021 (Unaudited)	30.09.2020 (Unaudited)	31.03.2021 (Audited)
1	Segment Revenue (Net Sale / Income from each segment)
	a) Freight & Services b) Petrol Pump	1,879.78 1,365.09	2,523.23 964.49	2,712.19 868.50	4,403.01 2,329.58	4,988.56 1,411.74	12,924.55 3,798.54
	Total Less: Inter Segment Revenue	3,244.88	3,487.72 -	3,580.69 -	6,732.60 -	6,400.30 -	16,723.09 -
	Revenue from operations 2 Segment Results - Profit /(Loss) before tax, finance costs :	3,244.88	3,487.72	3,580.69	6,732.60	6,400.30	16,723.09
	a) Freight & Services b) Petrol Pump	204.38 12.22	212.85 7.22	226.97 8.18	417.23 19.44	415.78 13.80	955.34 35.63
	Total Less i) Finance costs	216.60 62.51	220.07 52.71	235.15 53.99	436.67 116.22	429.57 95.73	990.97 240.00
	ii) Other unallocable expenditure net off Unallocable income Profit (Loss) before tax	84.83 69.26	102.84 64.52	102.53 78.63	187.67 133.79	211.06 122.78	459.84 291.13
a)	3 Segment Assets Freight & Services	7,348.46	8,005.74	7,147.12	7,348.46	7,147.12	7,521.88
	b) Petrol Pump (c) Unallocated	343.94 3,749.94	361.29 2,646.45	305.01 3,216.18	343.94 3,749.94	305.01 3,216.18	297.16 2,949.11
	Total Segment Liabilities	11,442.34	11,013.48	10,668.31	11,442.34	10,668.31	10,768.16
	a) Freight & Services b) Petrol Pump (c) Unallocated	1,879.80 325.05 4,090.61	2,450.07 375.47 3,873.66	2,495.17 277.58 3,720.33	1,879.80 325.05 4,090.61	2,495.17 277.58 3,720.33	4,300.37 298.51 2,804.23

ABC INDIA LIMITED

	ABC INDIA LIMITED CIN- L63011WB1972PLC217415 REGD. OFF : P-10 NEW C. .T ROAD, KOLKATA - 700 073, Phone: (033) 22371745/24614156, FAX: (033) 24614193 Email : yrmd@abcindia.com ; Website : www.abcindia.com
Notes: 1)	The 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 12th November, 2021.
2)	'The Auditors have carried out Limited Review(LR) on the aforesaid financial results for the quarter and half year ended 30th September, 2021 and the report was placed before the Board and the same was noted.
3)	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.
4)	The Company carries out its business in two segments viz., Freight & Services and Petrol Pump.
5)	The Company has figured impact of COVID-19 on its financial results upto the date of approval of these financial results. The Company continues to monitor] the future economic conditions.
6)	Exceptional and/or Extraordinary items adjusted in the Statement of Profit and Loss in accordance with Ind-AS Rules.
7)	The format for un-audited quarterly results as prescribed in SEBI's Circular CIR/CFD/CMD/15/2015 dated November 30, 2015 has been modified to the extent required to comply with requirements of SEBI's circular dated July 5, 2016, Ind AS and Schedule III (Division II) to the Companies Act, 2013 applicable to Companies that are required to comply with Ind AS
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 Digitally signed by AGARWAL ASHISH
		DN: o=IN, st=West Bengal, 2.5.4.20=08021abe2ebd561d3 1455539607 2BbeBo497EbcbOS28e93bEa 3001 9884786 220, postalCode=700019, street=25 BALLYGUNGE PARK KARAYA, serialNum ber=5%886964a7 4b7e37 78e01Se add 2647 42c72850026eb 15c78cafSact te 734800, 0=Personal, on=AGARWAL ASHISH, pseudonym=65 tetf0d441 4335197 b1 1dd7 S g 104a: td Date: 2021.11.12 15:52:32 +0530"
	.- Place of Signature : Kolkata Date: 12th November,2021	Ashish Agarwal Managing Director DIN: 00351824

a) D Ss & CoO Head Office : 35A, Raja Basanta Roy Road a 2nd Floor, Kolkata -700 029 Chartered Accountants C/& Ph. (Off.) : 033 3590 9320, +91 9830022057 Email : bdsho @bharatds.com

LIMITED REVIEW REPORT ON THE QUARTERLY UNAUDITED STAN®)¢it@NeEwW.bdsco.in FINANCIAL RESULTS OF THE COMPANL PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

Review Report to The Board of Directors, ABC INDIA LIMITED

We have reviewed the accompanying statement of unaudited financial results of ABC India Limited for the quarter and half year ended 30" September, 2021 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 SEB] 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 12"November, 2021, 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.

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.

ForBDS&CO.

Chartered Accountants* = FRN-326264E fs

Partner M. No: 061505 UDIN: 21061505AAABCN9921

Place: Kolkata Date: 12th November, 2021