Aditya Spinners Ltd. — Interim / Quarterly Report 2021

Feb 12, 2021

Aditya Spinners Limited

6-3 -668 I 1 0 / 66, Durganagar Colony, Punjagutta, Hyderabad - 500 082. Telangana State, lndia Crams :"ADITYASPIN" Tel :040 -23404708 Fax :040-23404758 E-mail: H.O. : aslhyd9@gmail.com Site : aslskht@gmail.com CIN : Lf 8l00APl99lPLC0l2337

Date: 12.02.2021

To

The Deputy General Manager, Corporate Relationship Department, The Stock Exchange, Mumbai, 1't Floor, New Trading Ring, Rotunda Building, P.J.Towers, Dalal Street, Fort, Mumbai-400001. Fax: 022-22723121

Dear Sir,

Sub:

• 1) Submission of Unaudited Financial Results for the Quarter and half year ended
• 31"t December,2O2O under Regulation 33 of SEBI (LODR) Regulations ,2015. 2) Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015.

Ref: Script Code: BSE: ⁵²¹¹⁴¹

We wish to inform you that the Board of Directors of the Company at its meeting held today i'e on 12tn day of February, 2021 has inter-alia approved and recorded the Un-audited Quarterly Financial Results for the Quarter and half year ended 31.12.2020.

Accordingly in terms of Regulation 33 of the SEBI (LODR) Regulations 2015, a copy of the Unaudited Quarterly Financial Results for the Quarter and half year ended 31.12.2020 along with the Limited Review Report, dated 12.02.2021 issued by M/s T.Mohan & Associates Auditors, thereon in enclosed for your information and records.

The meeting commenced ato2.45 p.M. and concluded at o3. ao 0 \

This is for your information and record.

For Aditya Spinners Limited,

'+-?)'.fu;;

Encl: ala

. ADITYA SPINNERS LIMITED

(CIN NO: t40300Apr99rpLCOr2337)

REGD OFFICE: pERINDESAM Wt IAGE, K.V.B. PURAM MANDAT

, NEARSRTKAIAHASTT, CHITTOOR DIST.A.P.

STATEMENT OF UN-AUDITED FINANCIAT RESUITS (PROVISIONAT) FOR THE QUARTER ENDED 31ST DEC'2020

		3 months ended 3rlL2l2O2O Unaudited	Correspending 3 months ended 3Llt2l2OL9 Unaudited	Preceding 3 months ended 30l09l2o2o Unaudited	Year to date for the period ended 3Ur2l2O2O Unaudited	Year to date for the previous period ended Ql ttataia6 Unaudited	(Rs.in lakhs) 12 months ended 31.03.2020 Audited
1	r <evenue from="" operations(net)<="" td="">	1181.28	t457.06	483.27	t754.66	4345.53	5696.54	1181.28	t457.06	483.27	t754.66	4345.53	5696.54
	Other Income	6.59	23.66	0.34	7.66	58.20	64.85
	TOTAT REVENUE	LrBT.87	1480.72	483.61	1762.32	4403.73	5761.39
2	EXPENSES:
	a. Cost of materials consumed	434.r5	689,05	214.42	653.77	2037.63
	b. Changes in inventories offinished goods, work-in progress	I47.75	(s0.s7)	(8e.10)	71.98	29.18	2599.94 (24.22)
	:. Employee benefits expense	199.80	266.29	722.3t	4r2.54	778.17
	d. Finance Costs	59.08	76.99	66.01	141.56	145.36	1084.84
	e. Depreciation and amortisation expense f----?ffi		44.50	48.00	141.85	131.s0	t98.74 178.48
	f. Other Expenses	316.95	42L.46	22t.42	615.86	Lr92.52	1615.5(
	Total Expenses	1203.58	7447.72	583.0(	2037.56	\$743e	5653.34
	Profit Before Tax	(1s.71)	33.00	(99.4s,	(27s.24)	89.37	108.05
	J Tax Expense:
	a. For Current Year
	r. Deferred Tax	(38.s2)l	(10,00)		(38.s2)		(10.00)l (4s4.82"
	4 Profit After Tax	22.8t	43.00	(ee.4s)	(236.72)	99.37	s62.87
	5 Other Comprehensive Income
	(i) Items that will not be reclassified to Profit or Loss					BB5.1B	(0.10
	(ii) Income Tax relating to the ltems that will not be reclassified to profit or Loss
	ii) Items that will be reclassified to profit or -oss						858.73
	(ii) Income Tax relating to the Items that will be reclassified to profit or Loss
6	Total Comprehensive Income for the period (4+5) comprising profifl(Loss) and Other Comprehensive Income for the period	22.81	43.00	(se.4s)	(236.72)	984.55	1421.50
	Paid Up Share Capital
	No. of Shares	16740888	16740888	16740888	16740888	16740888	16740888
	Face Value per Equity Share	10.00	10.00	10.00	10.00	10.00
	Paid Up Equity Share Capital	167408880	167408880	167408880	167408880	167408880	10.00 167408880
	Earnings per Equity Share (for conUnuing operations)
Basic		o.t4	0.26	(0.se)	(1.41)	0.59
	D uted	o.L4	o.26	(0.se)			3.36
					(1.41)	0.59	3.36

{ote:

I

1' The above resulb have been reviewed by he Audit commiftee and approved by tre Board of Directors at their respective meeungs held on L2.02.2021

2' Figures for the previouf Pelods are re-classified / re-aranged / regrouped, wherever necessary as per the format revised by SEBI in conformity with the amended Schedule

1. The Auditors of the @mpany have canied out a "Limited Reviewn of the same.

4' The financial results ofthe company are prepared in accordance with the Indian Accounung Standards notified by the MCA.

for ADITYA SPINNERS LIMITED

TMOHAN & ASSOCIATES Chartered Accountants

(Formerly Lakshmi & Associates)

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

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEWOF 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 and period ended December 31, 2020, 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 there under 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.5 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: February 12, 2021

K.N.V.SAILAJA Partner Membership No. 222040 UDIN: 21222040AAAABE2907