ABC India Ltd. — Interim / Quarterly Report 2022

Nov 14, 2022

40/8, BALLYGUNGE CIRCULAR ROAD, KOLKATA - 700 019 PHONE : (033) 2461 4156/4157, FAX : 91-33-24614193 E-MAIL : cmd@abcindia.com, HOME PAGE : www.abcindia.com gE \1 The Secretary,

BALLYGUNGE CIRCULAR ROAD, KOLKATA - 700 019 : (033) 2461 4156/4157, FAX : 91-33-24614193 E-MAIL : cmd@abcindia.com, HOME PAGE : www.abcindia.com
Date: 14 November, 2022
BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street Mumbai — 400 001	The Secretary, The Calcutta Stock Exchange Ltd., 7, Lyons Range, Kolkata- 700 001
Code — 520123	Code No.- 10011146

Dear Sir(s),

Reg: Outcome of Board Meeting held on 14" November, 2022

With further reference to our letter of 4° November, 2022, the Board of Directors of the Company in its meeting held on date i.e. 14°" November, 2022 has, inter alia, reviewed and approved the Un-audited financial results for the quarter and half year ended on 30" September, 2022 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 2:55 P.M. and concluded at 4:30 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

Sar ijer+y Py at iriak

Sanjay Agarwal Company Secretary Encl: As Above

Annexure-!

		ABC INDIA LIMITED
	REGD. OFF: P-10 NEW C.I.T ROAD, KOLKATA - 700 073, Phone: (033) 22371745/24614156, FAX: (033) 24614193 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30th SEPTEMBER, 2022	CIN-L63011WB1972PLC217415 Email: vrmd@abcindia.com ; Website : www.abcindia.com
		30.09.2022	Quarter ended 30.06.2022		Half year ended		(₹ In Lakhs) Year Ended
	PARTICULARS	(Unaudited)	(Unaudited)	30.09.2021 (Unaudited)	30.09.2022 (Unaudited)	30.09.2021 (Unaudited)	31.03.2022 (Audited)
	Revenue from operations Other Income	3,399.47 14.35	3,936.50 17.33	3,261.96 15.61	7,335.97 31.69	6,749.68 27.26
	Total Income (I + II) Expenses (a) Purchase of stock-in-Trade	3,413.82 1,666.12	3,953.84 1,870.76	3,277.57 1,355.02	7,367.66 3,536.88	6,776.94 2,258.61
	(b) Changes in inventories of finished goods, by-products and work-in-progress (c) Expenditure relating to transportation and services	13.68 1,304.30	9.14 1,609.39	(29.50) 1,462.24	22.82 2,913.69	0.04 3,572.64
	(d) Employee benefits expense (e) Finance Costs (f) Depreciation and amortisation expenses	194.51 50.46 23.80	184.33 43.41 27.90	188.87 62.51 26.18	378.84 93.87 51.70	364.27 115.22 52.88
	(g) Other Expenses	128.88	139.66	143.00	268.54	279.51
	Total Expenses	3,381.74	3,884.59	3,208.31	7,266.33	6,643.16
	Profit/(loss) before exceptional Items and tax (III - IV) Exceptional Items VII. Profit/ (loss) before tax $(V + VI)$	32.08 47.18 79.26	69.25 20.99 90.24	69.26 69.26	101.33 68.17 169.50	133.78 133.78
	VIII. Tax Expenses (a) Current Tax
	(b) Deferred Tax Net Profit for the period (VII - VIII) Other Comprehensive Income (net of tax)	79.26	90.24	69.26	169.50	133.78
	A. I. Items that will not be reclassified to Profit or Loss B. I. Items that will be reclassified to Profit or Loss
μ. ļπ. III. IV. l٧. VI. IX. X. XI.	Total Comprehensive income (Net of tax) $(IX + X)$ XII. Paid-up Equity Share Capital of Rs. 10/- each	79.26 541.72	90.24 541.72	69.26 541.72	169.50 541.72	133.78 541.72	Annexure 13,477.46 69.68 13,547.15 5,090.12 (16.52) 6,497.06 761.74 214.49 105.92 606.86 13,259.67 287.48 (2.09) 285.39 15.00 (3.03) 273.42 50.70 324.12 541.72
	XIII. Earning per Share (of Rs.10/- each) (not annualised): a) Basic b) Diluted	1.46 1.46	1.67 1.67	1.28 1.28	3.13 3.13	2.47 2.47	5.05 5.05

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 September,2022		In Lakhs)
= Particulars" ne	As at 30.09.2022 _ (Unaudited) —
ASSETS Non-current assets
a) Property, plant and equipment b) Intangible Assets c) Right to use Assets
d) Financial assets (i) Investments
(ii) Other Financial Assets e) Deferred tax assets f) Other non-current assets
Sub total- Non-current assets Current assets
a) Inventories b) Financial assets
(i) Investments (ii) Trade and other receivables (iii) Cash and cash equivalents	1,401 3,167.77	1,334.95 3,145.48
(iv) Bank balances other than cash and cash equivalents (v) Loans
(vi) Other financial assets c) Current tax assets (net) d) Other current assets
Sub total Current assets TOTAL ASSETS]
EQUITY AND LIABILITIES
Equity a) Equity share capital		541.23
b) Other equity Sub total- Equity		3,198.83 3,740.06
Liabilities Non-current liabilities
a) Financial liabilities (i) Borrowings (ii) Lease Liability
(iii) Other financial liabilities b) Provisions c) Deferred tax liabilities (net)
id) Other non-current liabilities Sub total- Non-current liabilities}
Current liabilities a) Financial liabilities
(i) Borrowings (ii) Lease Liability	6.30
(iii) Trade and other payables (iv) Other financial liabilities b) Other current liabilities	1,879.59. 407.56 616.95
c) Provisions Sub total- Current liabilities	9:85] 4,013.07	4,089.48
TOTAL- LIABILITIES] ©	8,764.96	_ 8,738.66

ABC INDIA LIMITED
CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30th SEPTEMBER, 2022		(2) In Lakhs)
Particulars		For the year
CASH FLOWS FROM OPERATING ACTIVITIES Profit before Tax		285.39
Adjustments for Depreciation and Amortisation Expense		105.92
Interest Income Dividend Income		(53.68) (0.83)
Finance cost Leave Encashment Gratuity paid		214.49 5.04 (10.05)
(Profit) /Loss on sale of assets (Profit)/ Loss from Partnership firm		2.09 (0.88)
Liabilities no longer required written back Income from Derivative Transactions	(5.34) 3.50	(19.56)
Bad Debts, Advances, etc. written off Operating profit before working capital changes	2.15 278.63	0.84 528.77
Adjustments for Changes in Working Capital: Trade receivables, loan and advances and other assets	(742.44)	1,737.45
Inventories Trade payables, other liabilities and provisions Cash generated from operations	0.04 573.50 109.73	(16.52) (2,344.58) (94.88)
Direct Taxes paid (net of Refunds) Net Cash Flows (Used in) Operating Activities	(55.16) 54.57	(162.33) (257.21)
CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property, plant and equipment, intangible asset Sales of property, plant and equipment	(8.07)	(19.47) 319.42
Purchase of Non-current investment Capital (Deposit) / Withdrawn from Partnership firm	(22.07) (17.30)	(10.00) 33.20
Proceeds upon maturity of Fixed Deposits with Banks Capital Expenditure on fixed assets, including capital advan	(3.00) (1.47)	26.33
Investment in Fixed Deposits with Banks	16.50
	1.52	7.22 0.83
Margin Deposit/ received for derivative trading Interest received

ABC INDIA LIMITED

CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30th SEPTEMBER, 2022

	ABC INDIA LIMITED CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30th SEPTEMBER, 2022
	Particulars -	ended	For the period For the period For the year ended
	oe = 2 oa =		September 30th 2021 _ (Unaudited) —	:
Cc.	{CASH FLOWS FROM FINANCING ACTIVITIES Repayment of short term borrowings (Net) Payment of Leases		161 (13)	125.60 (40.47)
	Repayment of long term borrowings (Net) Loans Received /Given Payment of dividend	es ==(27-09)	(77) 5 ' Q7)	28.50 (27.09)
	Finance Cost Net Cash Flows From (Used In) Financing Activities /	(91.84) 2117	(115) (65.49)	(210.56) (124.01)
	Net Changes in Cash and Cash Equivalents (A)+(B)+(C) Cash and Cash Equivalents as at 1 April Round off	(37.80) 0.00 a	(44.82) 176.33	(23.71) 176.33
	Cash and Cash Equivalents as at 30th September,2022	(37.80)	131.51	152.62
Notes 1. 2. 3,	The above Cash Flow Statement has been prepared under the "Indirect Method" as set out in the Indian Accounting Standard (Ind AS-7) on Statement of Cash flows. Cash and cash equivalents do not include any amount which is not available to the Company for its use. Cash and cash equivalents as at the Balance sheet date consists of :
	Particulars	For the period ended = _ 1 30th Septentber 30th September	For the period For the year nde (Unaudited)
	a) Cash and cash equivalents (Refer note no. 11) b) Bank balance other than cash and cash equivalents (Refer note no. c) Book overdraft (Refer note no 20 (ii))		144.59 5.83 (18.91)
4, 5.	Total Figures in brackets represent outflows. JAs breakup of Cash and cash equivalents is also available in Note no. 11, reconciliation of items of Cash and cash		131.51
	equivalents as per Cash Flow Statement with the respective items reported in the Balance Sheet is not required and hence not provided.

(37.80) 0.00 a (37.80) The above Cash Flow Statement has been prepared under the "Indirect Method" as set out in the Indian Accounting Standard (Ind AS-7) on Statement of Cash flows. Cash and cash equivalents do not include any amount which is not available to the Company for its use. Cash and cash equivalents as at the Balance sheet date consists of : For the period ended =	(44.82) 176.33 131.51 For the period For the year	(23.71) 176.33 152.62
_ 1 30th Septentber 30th September	nde (Unaudited)
	144.59
	5.83
	131.51
	b) Bank balance other than cash and cash equivalents (Refer note no.	(18.91) JAs breakup of Cash and cash equivalents is also available in Note no. 11, reconciliation of items of Cash and cash equivalents as per Cash Flow Statement with the respective items reported in the Balance Sheet is not required and hence

P-10 NEW C.I.T ROAD, KOLKATA REGD. OFF : Email :	ABC INDIA LIMITED CIN- L63011WB1972PLC217415 vrmd@abcindia.com ;	- 700 073, Phone: (033) 22371745/24614156, FAX: (033) 24614193 www.abcindia.com Website :
STATEMENT OF UNAUDITED SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER AND HALF YEAR ENDED 30th SEPTEMBER, 2022						(= In Lakhs)
		QuarterEnded		Half Year ended		Year Ended ©
"PARTICULARS. a _	ee o. i :		30.09.2021 = (Unaudited) —	30.09.2022. (Unaudited)	30.09.2021 (Unaudited)	31.03.2022 (Audited)
Segment Revenue (Net Sale Income from each segment) / a) Freight & Services b) Petrol Pump Total	ee or274): 1,726.77 3,399.47	ae 2,008.17. 1,928.33. 3,936.50.	1,879.78 1,365.09 3,244.88	3,680.88 3,655.10 7,335.97	4,403.01 2,329.58 6,732.60
Less: Inter Segment Revenue Revenue from operations Segment Results - Profit /(Loss) before tax, finance costs : a) Freight & Services	RS te SOO age a	(oe 3,936.50 oo 216.15	: 3,244.88 204.38	z 7,335.97 400.67	= 6,732.60 417.23
b) Petrol Pump Total i) Finance costs Less		int2.e4 230.99 (43.41	12.22 216.60 62.51	25.52 426.18 93.87	19.44 436.67 115.22
Unallocated expenditure net off income Profit (Loss) before tax Segment Assets		97.34 90.24 a a	84.83 69.26	162.82 169.50	187.67 133.78
a) Freight & Services b) Petrol Pump (c) Unallocated		1532073) 363.19 3,304.61. 8,988.53,	7,348.46 343.94 3,749.94 11,442.34	5,471.04 302.75 2,991.17 8,764.96	7,348.46 343.94 3,749.94 11,442.34	8,253.67 5,223.79 13,477.46 13,477.46 926.76 38.30 965.06 214.49 465.20 285.39 5,567.47 282.88 2,888.32 8,738.66
Segment Liabilities a) Freight & Services b) Petrol Pump (c) Unallocated		ae 3,369.65 365.51 1,382.64	1,879.80 325.05 4,090.61	2,814.85 305.88 1,367.47	1,879.80 325.05 4,090.61	3,214.72 245.97 1,215.30
Total Total		bab 417.80	6,295.46	4,488.20	6,295.46	4,675.99

ABC INDIA LIMITED

CIN- L63011WB1972PLC217415 REGD. OFF : P-10 NEW C.I.T ROAD, KOLKATA - 700 073, Phone: (033) 22371 745/24614156, FAX: (033) 24614193 Email : vrmd@abcindia.com ; Website : www.abcindia.com

	ABC INDIA LIMITED CIN- L63011WB1972PLC217415 REGD. OFF : P-10 NEW C.I.T ROAD, KOLKATA - 700 073, Phone: (033) 22371 745/24614156, FAX: (033) 24614193 Email : vrmd@abcindia.com ; Website : www.abcindia.com
Notes:
1)	The standalone un-audited financial 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.
2)	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 14th November,2022.
3)	The Auditors have carried out Limited Review(LR) on the aforesaid financial results for the quarter ended 30th September, 2022 and the report was placed before the Board and the same was noted. The Auditors have expressed an unmodified opinion on the above results.
4)	The Company carries out its business in two segments viz., Freight & Services and Petrol Pump.
5)	This Statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) as amended by the Companies (Indian Accounting Standards) (Amended) Rules, 2016 as prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.
6)	Exceptional and/or Extraordinary items adjusted in the Statement of Profit and Loss in accordance with Ind-AS Rules.
7)	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
	For BDS & Co.
	Accountants Chartered howct. Orne S escapes FRN . fi26ae ca
	CA Shwete Bacaria Sarawgr Digitally signed Partner by ASHISH M. No. - 063879 ASHISH AGARWAL AGARWAL bate: 2022.11.14

16:39:09 +05'30'

Ashish Agarwal Place of Signature : Kolkata Managing Director Date: 14th November,2022 DIN: ^00351824

Head Office : 35A, Raja Basanta Roy Road 2nd Floor, Kolkata -700 029 Ph. (Off.) : 033 3590 9320, +91 9830022057 Email : bdsho @bharatds.com Website : www.bdsco.in

Independent Auditor's Review Report on Unaudited Quarterly Financial Results and Year to date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To The Board of Directors, ABC India Limited

• i. _ We have reviewed the accompanying statement of unaudited financial results of ABC India Limited (the" company")for the quarter ended 30" September 2022 and the year to date results for the period I" April 2022 to 30" September 2022, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, ²⁰¹⁵ ('the SEBI Regulations'), as amended(the listing Regulations 2015) and has been initiated by us for identification purpose.
• Nw 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 14" November, 2022, 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, ²⁰¹³as 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.
• La 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 of interim financial information consists of making inquiries, primarily of persons responsible for the financial and accounting matters, and applying analytical and other review procedures. A review is substantially is less in scope than an audit conducted in accordance with the standard on Auditing specifies under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in a audit. Accordingly we do not express an audit opinion.
• 1. 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, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For BDS& CO. Chartered Accountants FRN-326264E

Shidcte megs S ew Ss Shweta BagariaSarawg ia "et 'e eo) Partner Ty

Membership No. 063679 ICAI Firm Registration No. 326264E UDIN: 22.0 636 F4BDPRK CC Pe 4S Place: Kolkata Date: 14" November, 2022