Aditya Spinners Ltd. — Interim / Quarterly Report 2021

Aug 10, 2021

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Aditya Spinners Limited

6-3-6681 l0l 66, Durganagar Colony, Punjagutta, Hyderabad - 500 082. Telangana State , India Grams : "ADITYASPIN" 040 - 234U708 040 - 23404758 H.O. : aslhyd9@gmail.com Site : aslskht@gmail.com Ll 8 l00APl99lPLC0l 2337 Tel Fax E-mail CIN

Date: 10.09.2021

To

Mumbai - 400 001. FAX:O2222723t2t

Dear Sir,

Sub:

• 1) Submission of Unaudited Financial Results for the euarter ended ,
• 3othJune 2l ,2021. under nelur.tion sJ oi'sEBr (LoDR) Regurations, 2015. outcome of Board ve6ting undei negutition '30;i s"ibt (L9DR) Regulations ,20L5

Ref: Scrip Code: BSE:521141

We wish to inf i.;; -;;"ld,i'l of the co!P:11vat its meeting h.eld today Ouirterryiini |S.tf.lilrtnd recorded the Unaudited

Regulations, 2O!5, a copy of the nded 30.06.2021 along.with the T Mohan & Associates, Auditors,

The meeting commenced at 01:00 pM and concruded at 01:30 pM

This is for your information and record.

Thanking you,

Managing Director DIN:00769558

Encl: a/a

ADITYA SPINNERS LIMITED (ClN NO!1403004P1991PtC012337) REGD OFFICE: PERINDESAM VILLAGE, K,V.B. PURAM MANDAL NEAR SRIKALAHASTI, CHITTOOR DIST. A,P,

STATEMENT OF UN-AUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 3OTH JUNE'2021

o

					(Rs.in Lakhs)
		3 months ended 30l06l2O2r	3 months ended 3LlO3l2O2r - AUDITED	corresponding 3 months ended 3010612020 - UN AUDITED	12 months ended 3r.03.2021
		Unaudited	Audited	Unaudited	Audited
	Revenue from Op€rationg(net)	1050.4!	1586.2(	90.11	3340.92
	Other Income	00!	47.92	07-	55.5[
	TOTAL REVENUE	r050 5t	1634,1t	90.&	3396.50
	2 EXPENSES:
	a. Cost of materials consumed	450.5!	74t.65	52(	1395.42
	b. Changes In inventorles of finished goods, work-in progress	(30.73.	(108.72)	13.3:	(36.74)
	c. Emoloyee benefits exoense	189.1t	2@.07	90.4:	676.61
	d. Finance Costs	.14.8:	40.1(	L6 4i	181.72
	e. Deoreciation and amortisation exDense	47.O(	46.5(	48.0(	188.41
	f. Other ExDenses	338.6t	427.9	77.41	1043.40
	Total ExDens€s	1039.4(	L4Lt.2(	250.9:	3448.82
	Profit Before Tax	tt.t2	222.92	(160.08.	(s2.32)
	Tax ExDense3
	a. For Current Year		244		2.44
	b. Defered Tax		26.18		(72.34"
	4 Pront After Tax	11.12	19.30	(160.08.	(42.42)
	5 Ither Comprehensive Income
A	(i) Items that \illll not be reclassified to Profit or Loss		(8 72)		(8.72
	:ii) Income Tax relating to the Items that ilill not be reclasslfled to Profit or Loss
B	:l) Items that will be reclasslfled to Profit or _oss		(26.46)		(26.46
	:ii) Income Tax relating to the ltems that rill fp 'trla <eiff*l ^c.<="" ^r="" dhfil="" t^="" td="" ="">
6	fotal Comprehensive Income for he period :4+5) comprising Profiv(Loss) and Other bmDrehensive Income for the reriod	t .72	159,12	(150.08,	(77.60
	)aid Up Share C:pital
	{o. of Shares	r6740888	16740888	16740888	16740888
	=ace Value Der Eoulty Share	10.00	10.00	10.00	10.00
	)aid Up Equity Share Capital	167408880	157408880	167408880	157408880
I	:arnings per Equity Share (for continuing )oera6ons)
	3asic	o,o7	116	(0.96	(0,25
					(0.2s1

Note!

r The above results have been reviewed by the Audit Committee and approved by the Board of Dkectors at their - respective meetings held on

2 Flgures for the previous periods are redassified / re-arranged / regrouped, wherever necessary.

3 The Audito6 ofthe Company have canied out a "Limited Review" of the same.

4 The Government of India declared a lockdown on March 23rd 2020 in the light of the out break of Covid-19 on eccount ofwhich the Company suspsnded its operations from 24th March'2020 The Company has begn taking various pre€utionary measures to protect its employess and their families from the Covid-'19 pandemic Operations have been resumed, subsequently from 3rd June'2020, wherein the Company has takgn all necssary safety measures as laid down by th6 Goverm€nt for th€ purpose

The Company has @nsidgred internal and certain external sourcss of information, including economic forecasts and industry reports, upto the date of approval of tho linancial statements in determining the possible effects on the €rrying amounts of inventories, raeivablas, defsrred tax assets and oth6r rurrent assets, that may result from the Covid-19 pandemic The Company has used the elements of pruden€ in applying the judgements and assumptions, including sensitivity analysis, and based on current ostimates expects the €rrying amount of these sssets will be remvered. The evsntual out@me of impact of the global health pandemic may be differsnt from these estimated as on ths date ol approval of these financial results

Place: HYDEMBAD \ r 'tolotfa:-; Sy

foT ADITYA SPINNERS LIMTTED .l

6 11\$*^^_-r-U rMDrY leUuln MANAGING DTRECTOR

3-6-237, # 602, Lingapur La Builde Complex, Himayatnagar, Hyderabad - 500 029. Ph: 040-23223787, Mobile: +91-9177105860 E-mail: tmassociates.ca@gmail.com

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF M/S ADITYA SPINNERS LIMITED

We have reviewed the accompanying statement of unaudited financial results of M/s ADITYA SPINNERS LIMITED (the "Company"), for the quarter ended June 30, 2021, being prepared by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

The preparation of this statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ("IND AS 34"), prescribed under section 133 of the Companies act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India is the responsibility of the company's management and has been approved by the Board of Directors of the Company. 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 analytical procedures 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 of unaudited financial results prepared in accordance with applicable accounting standards 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 and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

Emphasis of Matter

We draw your attention to note no.4 dealing with uncertainties thrown up as a consequence of COVID 19 pandemic, management's assessment of impact on financial reporting and future operations of the company and the remedial measure put in place to mitigate adverse effects. However, the actual impact of COVID-19 on the financial statements may differ from that estimated.

Our conclusion is not modified in respect of this matter.

Place: Hyderabad Date: 10/08/2021

For T MOHAN & ASSOCIATES Chartered Accountants FR No. 012482S

MOHAN REDDY T

Partner Membership No. 239635 UDIN: 21239635AAAADZ7507