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ASTAL LABORATORIES LIMITED Interim / Quarterly Report 2021

Jun 30, 2021

60977_rns_2021-06-30_40e8d83e-c0b2-46d5-ace5-8381a4e05897.pdf

Interim / Quarterly Report

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MACRO International Ltd.

Regd. Off.: 24/147, Plaza Kalpana, Birhana Road, Kanpur - 208001 H.O.: D-1, Moti Lal Atal Road, Behind Hotel Neelam, Jaipur- 302001 Tel.: 0141-2373164, 2373364 Email: [email protected] CIN: L74120UP1993PLC015605

Date: 30th June, 2021

The Manager (Department of Corporate Affairs) Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai-400001

Ref: SCRIP CODE: 512600 SECURITY ID: MACINTR

Sub: Submission of Audited Financial Results for the quarter and year ended March 31st, 2021

Dear Sir/Mam

Pursuant to the Regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015(Listing Regulations), the Board of Directors at their meeting held on Wednesday, 30th June, 2021 at 11.00 A.M have consider, approved and took on records the Audited Financial Results of the company for the quarter and year ended 31st March, 2021along with the report auditors thereon.

A copy of the results along with the limited review report auditors is enclosed herewith.

Kindly acknowledge the receipt.

Thanking You

Yours faithfully,

For MACRO INTERNATIONAL LIMITED

SUDHIR KUMAR PARASRAMPURIA (Managing Director) DIN:00358982

MACRO International Ltd.

Regd. Off.: 24/147, Plaza Kalpana, Birhana Road, Kanpur - 208001 H.O.: D-1, Moti Lal Atal Road, Behind Hotel Neelam, Jaipur- 302001 Tel.: 0141-2373164, 2373364 Email: [email protected] CIN: L74120UP1993PLC015605

Date: 30th June, 2021

To,

The Manager (Department of Corporate Affairs) Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai- 400001

Ref: SCRIP CODE: 512600 SECURITY ID: MACINTR

Subject: Declaration regarding Audit Report with Un-Modified Opinion

Dear Sir/Ma'am,

Pursuant to Regulation 33(3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended by the SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016, it is herebydeclared and confirmed that Auditors' Report obtained from M/sOm P. Agarwal & Associates Chartered Accountants ((FRN : 006948C) on Annual Audited Financial Results for the financial year ended on 31st March, 2021 has an unmodified opinion.

You are requested to take the above information on record.

Yours faithfully

For MACRO INTERNATIONAL LIMITED

SUDHIR KUMAR PARASRAMPURIA (Managing Director) DIN:00358982

Macro International Ltd.
Regd.Office : Plaza Kalpana, Ground Floor, 24/147, Birhana Road, Kanpur - 208 001
CIN : L74120UP1993PLC15605
Tel. : 0141-2373164, 2373364 . E-mail : miel [email protected]; website :www.miel.co.in

STATEMENT OF FINANCIAL RESULT FOR THE QUARTER AND YEAR ENDED 31st MARCH, 2021

S. Particulars 3 Month
Ended
Preceeding 3
month ended
Correspondi
ng 3 Months
ended in P.Y
Current
Year ended
Current
Year ended
No. 31.03.2021 31.12.2020 31.03.2020 31.03.2021 31.03.2020
(Audited) Unaudited (Audited) (Audited) (Audited)
1 Revenue
a) From operations
b) Other Income (Refer to Note No.3) 5.04 5.09 (2.67) 20.31 20.48
Total Revenue 5.04 5.09 (2.67) 20.31 20.48
$\overline{2}$ Expenses
(a) Cost of Material Consumed
(b) Purchases of stock-in-trade
(c) Change in inventories of finished goods,
work-in-progress and stock-in-trade
(d) Employees Benefits expenses
(e) Finance Cost
1.47 2.38 2.03 6.19 9.48
(f) Depreciation amortization expenses 0.39 0.39 0.39 1.55 1.55
(g) Other Expenses 3.70 3.08 (1.00) 11.76 12.26
Total Expenses 5.56 5.85 1.42 19.50 23.29
3 Profit from ordinary activities before exceptonal
Items $(1 - 2)$ (0.52) (0.76) (4.09) 0.81 (2.81)
4 Exceptional Items - Income/ (Expenses) i.
5 Profit from ordinary activities before tax (3 - 4) (0.52) (0.76) (4.09) 0.81 (2.81)
6 Tax Expenses
(a) Current Tax (0.11) (0.14) (0.54) 0.38
(b) Deferred Tax 0.11 0.02 0.21 0.17 (0.01)
$\overline{7}$ Profit/(Loss) for the period (5-6) (0.30) (0.60) (3.76) 0.60 (2.82)
$\overline{8}$ A (i) Items that will not be reclassified to profit or loss (net of tax)
(ii) Income Tax relating to items that will not be $\overline{\phantom{a}}$ $\sim$ $\frac{1}{2}$ $\sim$ $\scriptstyle\star$
reclassified to profit or loss
B (i) Items that will not be reclassified to profit or loss (net of tax)
(ii) Income Tax relating to items that will not be $\sim$
reclassified to profit or loss
$\overline{9}$
10
Total Comprehensive Income, net of tax (7 + 8) (0.30) (0.60) (3.76) 0.60 (2.82)
Paid up equity share capital
(Face Value of Rs. 10/- each)
398.96 398.96 398.96 398.96 398.96
11 Earning per share
(of Rs.10/-each) not annualised
(a) Basic (0.01) (0.02) (0.09) 0.02
(b) Diluted (0.01) (0.02) (0.09) 0.02 (0.07)
(0.07)

See accompanying notes to financial results

Date: 30.06.2021 Place : Kanpur

By Order of the Board of Directors
For Macro International Ltd, wwa

(Managing Dre $\overline{\mathcal{M}}$

Macro International Ltd.
Regd.Office : Plaza Kalpana, Ground Floor, 24/147, Birhana Road, Kanpur - 208 001
CIN : L74120UP1993PLC15605
Tel. : 0141-2373164, 2373364 . E-mail : miel [email protected]; website :www.miel.co.in

(Rs.in Lakhs)
Balance Sheet As at As at
31.03.2021 31.03.2020
(Audited) (Audited)
ASSETS
Non current Assets
Fixed Assets 5.31 6.86
Deferred Tax Assets (Net) 0.31 0.14
Financial Assets
Other financial Assets 0.39 0.39
Other Non Current Asstes 6.67 6.67
Total Non Current Assets 12.68 14.06
Current Assets
Financial Assets
Cash and Cash Equivalent 3.13 1.45
Loans 513.72 509.44
Income tax Assets (Net)
Other Current Assets
1.13 2.02
0.12 0.13
Total Current Assets 518.10 513.04
Total Assets
530.78
527.10
EQUITY AND LIABILITIES
Equity
Equity Share Capital 398.96 398.96
Other Equity (Reserve & Surplus) 118.66 118.06
Total Equity 517.62 517.02
LIABILITIES
Current Liabilities
Other Current Liabilities 13.04 7.72
Provisions 0.12 2.36
Total Liabilities 13.16 10.08
Total Equity & Liabilities 530.78 527.10

Jewrin

Macro International Limited

Registered Office : Plaza Kalpana, Ground Floor, 24/147,, Birhana Road, Kanpur - 208 001 CIN: L74120UP1993PLC15605

Tel.: 0141-2373164, 2373364, . E-mail: miel [email protected]; website ww.miel.co.in

Notes:

    1. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the company at its meeting held on June 30, 2021. These financial results have been subjected to Audit by the Statutory Auditors of the Company and an unqualified audit report has been issued.
    1. The above financial results have been prepared in accordance with Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules 2015. These financial results may require further adjustments if any, necessitated by guidelines/clarification/directions to be issued in the future by RBI, Ministry of Corporate Affairs or other regulators, which will be implemented as and when the same are made applicable.
    1. The company is primarily engaged in the Finance & Investment activities and all other activities revolve around the main business of the company. Accordingly, there are no separate reportable segments, as per the Ind AS 108 "Operating Segments" specified under section 133 of the Act.
    1. There has been no significant impact on the operation/financial position of the company on account of the COVID-19 pandemic, including the current 'second wave'.
    1. The figures for the quarter ended March 31, 2021 and March 31, 2020 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto nine months of relevant financial year, which were subjected to limited review by the auditors.
    1. Previous period figures have been regrouped/reclassified wherever necessary to conform to current period presentation.

By Order of the Board of Directors For Macro International Ltd

Ville

(Managing Director)

Place: Kanpur Date: 30.06.2021

MACRO INTERNATIONAL LTD.

CASH FLOW STATEMENT FOR THE YEAR 2020-21

2020-21 2019-20
PARTICULARS AMOUNT (Rs.) AMOUNT (Rs.) AMOUNT (Rs.) AMOUNT (Rs.)
A. CASH FLOW FROM OPERATING ACTIVITIES :-
Net Profit (Loss) before tax as per statement of Profit & Loss
Adjustment for:
0.81 (2.81)
Depreciation 1.55 1.55
Interest Income (20.31) (18.76) (20.48) (18.93)
Operating Profit before working capital changes.
Adjustment for :-
(17.95) (21.74)
Trade & other receivables (3.55) 5.05
Trade & other payables 3.080 (0.47) (3.16) 1.89
Cash generated form operations (18.42) (19.85)
Taxes paid (Net) (0.21) 0.00
Net cash (used in) Operating Activities (18.63) (19.85)
B. CASH FLOW FROM INVESTING ACTIVITIES :-
Interest Income 20.31 20.48
Less: Purchases of Fixed Assets 0.00 0.00
Net cash from Investing Activities 20.31 20.48
C. CASH FLOW FROM FINANCING ACTIVITIES :-
Proceeds from Long Term Borrowing 0 0.00
Repayment from Long Term Borrowing 0 0.00
Short Term Borrowing 0 0.00
Net cash from (used in) Financing Activities $\overline{0}$ 0.00
Net (Decrese)/Increase in Cash & Cash Equivalent (A+B+C) 1.68 0.63
Opening Balance of Cash & Cash Equivalents 1.45 0.82
Closing Balance of Cash & Cash Equivalents 3.13 1.45

Figures in brackets represent cash out flows. $1-$

The above Cash Flow statement has been prepared under the "Indirect Method" set out in Accounting $2-$ Standared (AS)-3 on Cash Flow statement issued by the Institute of Chartered Accountants of India.

Previous year comparative have been reclassified to confirm with current year's presentation wherever applicable. $3-$

wwa

Sudhir Kumar Parasrampuria (Managing Director)

This is the Cash Flow Statement referred in our report of even date.

Parwati Parasrampuria (Director)

For Om P.Agarwal & Associates Chartered Accountants FRN: 006948C

(Om Prakash Agarwal) Proprietor M.No.: 017747

Place: Kanpur Date: 30.06.2021

Om P. Agarwal & Associates

Chartered Accountants

401, Plaza Kalpana 24/147 B, Birhana Road, Kanpur-208 001 Phones: 8687015151, 9336102531 Email : [email protected]

Independent Auditor's Report on the audit of Quarterly and Year to Date Standalone Financial Results of Macro International Limited pursuant to the requirement of Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, as amended

The Board of Directors Macro International Limited Report on the audit of Standalone Financial Results

Opinion

    1. We have audited the accompanying statement of quarterly & year to date standalone financial results of Macro International Limited (the "Company") for the quarter and year ended March 31, 2021 (the "Statement") attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 and Regulation 52 read with regulation 63(2) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 as amended ("Listing Regulation").
    1. In our opinion and to the best of our information and according to the explanations given to us, the Statement:
  • i. Is presented in accordance with the requirements of the Listing Regulations in this regard; and
  • Gives a true and fair view in conformity with the recognition and measurement principles ii. laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter and year ended March 31, 2021.

Basis for Opinion

  1. We conducted our audit in accordance with the Standard on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for theAudit of Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Om P. Agarwal & Associates Chartered Accountants

401, Plaza Kalpana 24/147 B, Birhana Road, Kanpur-208 001 Phones: 8687015151, 9336102531 Email : [email protected]

Emphasis of Matter

  1. We draw attention to Note No. 4 to the Statement which states that, as per the assessment of the management, there is no significant impact of the COVID-19 pandemic on the operations and financial position of the company.

Our opinion is not modified in respect of this matter.

Management's Responsibilities for the Standalone Financial Results

    1. The Statement has been prepared on the basis of the standalone annual financial statements. The Company's Board of Directors is responsible for the preparation of the Statement that gives a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 read with regulation 63(2) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 as amended ("Listing Regulation"). This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.
    1. In preparing the Statement, the Board of Directors is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the Company's financial reporting process.

Auditor's responsibilities for the Audit of the Standalone Financial Results

    1. Our objectives are to obtain reasonable assurance about whether the Statement as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit is conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.
    1. As part of an audit in accordance with SAs, we exercise professional judgement and maintain professional scepticism throughout the audit. We also:
  • Identify and assess the risks of material misstatements of the Statement, whether due to fraud or error design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

Om P. Agarwal & Associates

401, Plaza Kalpana 24/147 B, Birhana Road, Kanpur-208 001 Phones: 8687015151, 9336102531 Email [email protected]

  • · Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of standalone financial statements on whether the Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
  • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the Statement made by the Board of Directors.
  • · Conclude on the appropriateness of Board of Director's use of going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence ohtained up to the date of auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
  • Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieve fair presentation.
    1. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including and significant deficiencies in the internal control that we identify during our audit.
    1. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

  1. As stated in Note no. 5 of the Statement, the figures for the quarter ended March 31, 2021 and March 31, 2020 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto nine months of relevant financial year, which were subjected to limited review by us. Our opinion on the standalone financial results is not modified in respect of this matter.

FOR OM P. AGARWAL & ASSOCIATES CHARTERED ACCOUNTANTS

( whoakhtpamz

(OM PRAKASH AGARWAL) PROPRIETOR MEMBERSHIP NO. 017821 FRN No. 006848C UDIN NO. 21017821AAAAAB3166

PLACE: KANPUR DATED: 30-06-2021