Batliboi Ltd — Interim / Quarterly Report 2023

Nov 9, 2023

Batfiboi Ltd.

Legal & Secretarial Department Regd. & Corporate Office : Bharat House, 5lh Floor, 104, Bombay Samachar Marg, Fort, Mumbai - 400 001. India Phone : +91 (22) 6637 8200 Fax :+91 (22)2267 5601 E-mail ; legal@batliboi.com Web. : www.batliboi.com CIN : L52320MH1941PLC003494

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BATLIBOl
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09'’ November, 2023
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Dear Sir / Madam,

Subject: Outcome of Board Meeting No. 5/2023-24 under Regulation 30 and Regulation 33 of SEBI fLODR^ Regulations. 2015

Pursuant to Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015 we wish to inform you that the Board of Directors at its meeting held today i.e. November 09, 2023 have inter-alia considered and approved the following matters.

1. The Un-audited Standalone & Consolidated Financial Results of the Company for the Quarter and half year ended September 30, 2023.

2. Limited Review Report on the said Results issued by the Statutory Auditors for the Quarter and half year ended September 30,2023.

The Results has also been sent for publication in English Newspaper and one Local Language Newspaper.

The Meeting commenced at 12.00 P.M. and concluded at2_|_5_P.M.

Kindly take the same on your record.

Thanking you

Yours faithfully. For Batliboi Limitej Pooja Sawant Company Secreta^nMii ACS - 35790

Place: Mumbai

Enel: As above

M. CHITALE &ca

2nd Floor, Kapur House, Paranjape B Scheme Road No. 1, Vile Parle (E), Mumbai 400057 T: 91 22 2663 3500 www.mmchitale.com

CHARTERED ACCOUNTANTS

Independent Auditor’s Review Report on the Quarterly and year to date Unaudited Standalone Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure requirements) regulations[2015, as amended]

The Board of Directors

Batliboi Limited

1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of Batliboi Limited (the Company ) for the quarter and[six months ended 30* September 2023] attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Regulations").

2. This Statement, which is the responsibility of the Company’s Board of Directors and approved by them, is prepared 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, as amended (the "Act) read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

3. 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 statements are free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of ail significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

9

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M. CHITALE
&ca
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2nd Floor. Kapur House, Paranjape B Scheme Road No. 1, Vile Parle (E), Mumbai 400057 T: 91 22 2663 3500 www.mmchitale.com

CHARTERED

ACCOUNTANTS

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 recognition and measurement principles laid down in the aforesaid Indian Accounting Standard (‘Ind AS’) specified under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Mukund M. Chitale & Co Chartered Accountants Firm Reg. No. 106655W

(A. V. Kamat) Partner M. No. 039585 UDIN: 23039585BGXBUL1023 Place: Mumbai Date: 9'' November 2023

UTUBOI LTD.

UTUBOI LTD.	UTUBOI LTD.	UTUBOI LTD.	UTUBOI LTD.
Rcgd. (MHca; BharM HOUM. all Rmt. 194 Bsmbar SamadivHaiB, FiHt.				MtantoMMWl
	CIN: L52320HH1941PLC903494
UNAUDITED BTAMluanC FINAMMl RESULTS FOR THE QUARTER AND SIX MONTHS ENDED TOTH SEPTEMBER, 1B23
pMtHalin		Quarter En9«9		^TaarEaU		(to>"L^ VearEmM
	3009.2923	3006.2023	30.09.2022	30.09.2023	300B.20U	T1.0T.W2)
	(Itaulawiarf)	(Reutenred)	(B»vlet»»J)	(RtiNauMd)	<IU<iiliiiiO)	{AudRaO
2. meow (a) Revenue fism Opeadoni	4,900.41	4,474.36	5,092.10	9.374.77	9021.72	19,485.47
tb) Omer Income	146.45	11638	88.65	264.83	141.27	504.52
TOTAL WCOHC	504606	4,592.74	5,100.75	9,639.60	9,962.99
2 . EXPENSES
(a) Cost of leatatals COneumed	1,702.66	1077.00	1,696.03	3,379.66	3J9609	650909
(b] Pmehase d Sbxk in TieOe	1,28626	1,095.94	1,513.75	2J84.22	2,937.22	5,421-77
(c) Changes n nventsnca c7 RraOaCl goads rmA In pregnw	4108	(105.81)	(30.59)	(63.93)	4505	33678
and stock in trade
(d) EneRoyees benefb expenses	71905	675.82	615.13	1095.67	1,227.26	2,41634
(ej Finance Costs	95-72	10607	114.63	203.79	259.43	485.92
(f) Oepfeclabon and AmortisaCxin expenses	77.21	76.91	81.46	154.12	15665	32401
(g) Other expenses	924.25	96401	90635	1.90656 a	1.662.54	2.58632
TOTAL EXPENSES	404005	401204	400676	9,30200	0,60704	161S7A
3. PIWFn/dOSS) OEFORE EXCEPTIOHAL nEHS AND TAX	10701	0650	201.00	277.51	27505	03206
4. Excepborul Items - (Expense)7Incoma
S. PR0nT/(L0S6) BEFORE TAX	10701	0650	201.00	277.51	275.35	032.00
6. Tax Expenses
(a) Current Tax
0>) Eailia Teat Tax
(c) Ddened Tax Credit/(Charge)	(5698)	7.66	(90-95)	Bl-32)	(4659)	35.32
(d) MaraediKRetersa')			(11.43)		(U-43)	<IL43)
7. NET MmT/(L09S) FOR THE PERIOD	13603	0616	17001	23610	21503	05605
B. Other CemprehaiiiiiHi Ineeeie
(i) Items that wd not be reclassified tp piofll orla
Actuarial gam/(Lcss) on mieiloyee ddbiad batiste	(ISOS)	(4.00)	13.42	139.B)	27.40	1L17
(t) Income tax reotmo CO eems itiit sw8 not be reoasadlad	to
prcftorlots
Dtened Tax snpaci en alxne	692	1.11	(3.40)	11.03	(7.12)	(3-11)
9. Total Q	11300	0507	109.55	107.57	33501	00601
10. PaM-up EquRy Shara Capital	1,45200	1,447.06	1,435.79	105200	1.43500	1.44409
(Face vahie fts.5/- per share)
11. Bask EPS for the Period/year (Rs. Per Share)	646	BOO	663	0.70	675	090
11. OOuted EPS lor the Period / year (Rs. Per Share)	647	OOO	003	007	675	2.90

s

t

I

Notes to StMidaloneHnMdtftaite

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1) ITb toove ucwiSlscI sundakne Oruncul reeuta hm toeti prapm) in aaurdm vsth the Intte Accounting SUndards (Ind AS) ncMM mder Bn Compame (Indan
Accounoq Stantodt) Riaa>2niSB amended frem tens to unt The tooM unaudnd standakne flnanoal rgulla were lewnd by fcidit ComnUSm tod awoved By
Board of Onoon at ther maaong tofd cn 9(h Nawamtaer 200 ard hM bean aigaet to Hmmd renew by SBhdory audton of Bn Company.
i) The Conipwiy operaKa n one segment as TndjeotN Egupment, sMe there s no other reportaUe sagmem B dedned under Ind AS 1C6 'OperaMg Segnnrtf. no
aapOTte dtadceure hB been gtreev
3) The Tnabon Laws (Annnanent) AO, 2019 prMdes donneBc compania nWi an opBcn to opt beer ta> ran. provided they do not ctaim cettan deducBm The
Company hB presenUy corstdered Bn rata enattig prior to Bn amendment.
A) The Corrpwry had danded to saP a part cf Land and Bufldeig cut of Bn total factny bnd and biJdng located at Stoat wfiKh had been dbdoaed as Non Ciarent Aaeet
Hdd for San The Corrpany conOmes to look hr a bih«r.
5) Queen Picgam (Maundus) Ud. lOOto Sutsidurv Company of Bn Company Is undeigoeig a vokeilBV •qu'dallan procBS nid osneaquenBy the Shares of QuldcmS bx.
and 760 Rye itnM Inc (Canada), twa sup down eutatta^ cd Bn company, aatler held by Queen Pngacis (Matotks} LM. hM bei Unsfauad to Bn Cotrtnny on
28th Ally 2023.
6) DtoVig Hn quarter ended 3cch sepbamber 2023, Bn Qgmpany aboed 86,670 eqi«y dares, of face value Rs. S/- each on otardae of etock n by the edgBAe
employeB utxler Bn prevaing Enreeyeat Stock OptiDn plan fESOf') ednrne of the csnipany.
7) As Mimnd to the Bombay Stock Eachange on ISBi Augiet [2023 Bn ConfmVA Board of Obecbrs accadad Bne approval ][to Bn toaR scheme of Amalgvhaeon fix]
Huger of BaBto Enwormental Engsnmg ismted (which hB [repcctod a piofll before tai of R5.4D4.7S lakha arap^ ][after Ox of Rs. 302.88 laldB for the half yisr]
ended Septeirbu 30,2023.) vAth Bn Orapany.The Cen^any Is n pioceas Of obUlning mcesesary apprtivNs.
8) foBowmg am the dsOAs of Standalom yoB sBb vaAiss of budnen harvdad nduOng (ha vakns pertaring to agency btssneas handed for vAech Bie Company earns
commission:
ItolBmihe
STANDALONE
Qnerter ended I Had Year EndBd
Particulars
I^OSB value of aaden Handsd (Irdudng i^ancy tkSneiB] 12.0%.6S 13,057JO !9,S16AS 25,093.85 32,619.69 63,682.93
9) The flgura lor the prawout pmoddyear have been redaaafWd/tegratt nd ntiera mti necessary.
Par and en bebaif of Board cd HractEn
BaOMLtA
Ptomtllun^ Diractar
Date: 0th Mosandier 2023 MMtOnBHlO
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uniBoi Lro.
Read. Office: BharM MUM, Stb Ftoor, 104 Sombar Smudar Hirg, Fort HuoAal-dOOOOl
ON: IS2310HH1041IH.CM3404
UNMniTED STAHOMJOIft OTAnMEMT Of AffiCTS AND LiABUJTOS
fAs. In UUhI
f>artlcutan Ac at Ac at
OUntaiaadT3B-Sai»-a 3H4af-a
(AUdBH
ASgIB
1 Mon-ourent aetata
(a) Praecfty. PUf« end EauptntM 18JIS.63 18.3ffi.4S
(bj Cental wott-m-prognei ffi.40 23.10
(0 Right ot uca essals 105.38 117.86
(d) Other InongUe aaela 593 11.42
Pmeno^ tesela
I. Lnvestmeias 860.28 86510
Trule ruMwablB 245.97 267.27
A. Loans ILM
(f) Other non-current aesffi 70.00 6572
fatal Hon QitMUAaeeai 19.362J4 19.435.49
2 Caneoteiieti
(a) Inventories 2.D6LS7 1.7S0.65
Trade recehratMc 2,2».44 1,622.24\
A Cash and CASK eguFrdants 3581 1U.92\
Hi, BuA balance other than (0 aboM 11721 19925\
tv. Loans 522 0.51\
V. Others 372.16 207.68\
ft) Current TaAase{Ni4 46.12 34212\
(d) Other cimni asses 98.90\
Total ogTeit Aaeetc 5.01«.t3 3.9H4.14\
3 Hen Carrofit Asset MM for Solo 1.779.39 1,77929\
Total Assets 28,160J>6 25.199.12
1 Equity
(a) Bouitr Share cecttal 1,452.29 1,444.29
(b) ahet EtMtv 10,778.56 ID.842.48
rcMEg^ 11.W57S
UABOinES
2 Non-current lablliMs
(a! Rnanoal UabdRie
I. Borrovnrgs 5.525.86 5,51571
K. LMse LubrStRS 72.76 83J4
w. Trade payable
(a) total omandfig due el rrscio nSorpnHe and tmal eraeptue 23.15 15311
(b) ttsal cutstanding due d croAots olhv Itun moo oRnninM 113.12 145.61
Old unal enterprise
IV, Other hnanoal UabAbe 95.04 95.04
(b) PnnSQiE 40599 37531
(c) Morad tax llabftOe (NeO 1,317.85 1,277,57
(d) Other Non Current UabWM 41059 34519
Total Hen-cofrent fcriiUss 7.967.3» 2£S^
3 ConwrtiaMKM
(a) Finaiicui Liabide
r. Borrowings 1,S10J>1 1,215318
LMseuabObe 4588 47J8
M. Trade payable
la) total outsaedino due of irCoo eHterprue and entorprUM 817.13 584.68
(b) total outslantSog due of oedBrs eshu than mtero cnterptlie 1,862.72 1J73.45
vid smal ernerpnse
ft)ft) Other current ItablDeAovtsuK 1,868.06138.28 2,024.20109.33
total Current S,9613B 5,35559
Total Eoutty and lUWnes 2518086 »,i»9.U
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BAniBOl LTD.
Itogd. Office: BtofM Heuee. SOi Fleer. I04 Bembey Simechar Merg. Fort MunbaMOOOOl
ON: LS2320HH19yiPLC0034e4
UHAUDTTID 5TANDAL0HF CASH FLOW STATEMENT
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(Rs. In
Pettkiders Sie months ended She months ended
30-SeB-23 30-See-22
(Aevleered) (Aevtewed)
L CASH HOW ARISNS FROM OPERATTNG ACTTVniES:
Net Profit / (Loss) More Tax and Eacapllenal Raats 277.5t 27S.3S
Add/ Deduct;
e] Depreciadon IS4.12 150.63
b) Interest Expense 164.14 20S.49
c] Interest on Lease Uabfibes 7.96 9.3S
d) Pro/rt on SaWDOposal of Aaeti (1S.15)
e] DebK Balances Written ofi/Bed Debts D.13 136.67
f) Provision for Doubtful DebtWAdvancsi 3.10 4.46
g) Gratutty and Leave Encashment PnsMsH 42.10 SS.IS
h) Foreign Exchange Loss 11.91 1.73
I) Interest Income (15-54) (5.24)
0 Unclaimed CiedK Balancas Wntten Bad; (95.15) (11.36)
k] Emplayee Slock opbon Resatve 21.32 270.02 jisn 549.09
Operathsg PmAt Before Uderkbtg Capital Chanfw SSS.S3 U4.44
Add/Deduct:
a) Decrease (Incraasa) in Invantonm (310.92) 55.03
b) Ocaean/ (Incraasa) In Trade ItacehaiiMe & Advancil (643.07) (758J6)
c) Qegeaciy (Incmse) In Other Currerd Asrets (263.85} (31D1)
d) Increase (Oacraiai) In Trade and Other PayaUee 361.06 {»6.7S) (765.20)
(301.25) 50.10
Income Taxes Paid / (Refund) received IM! (9.11)
Mel Cash Mflosr / (Oiafleei) (ran OperatloM (A) (31330) 6B.27
(I. CASH Flow ARlSlNe FROM INVEVTUW AC IIVITIES:
a) Interest IrKomo 15-54 S.24
b) ^pceeds from Sale of Property, Plant and Equipment 2060
c) AcquBiDon itf Feted Assets (87.12) (61.83)
d) Decrease/ (Increase) m Bank Deposits 62.03 31115 (208.24)
Net Cash Inflow / (Outlleei) In Course of ImroeOnB ActMttasCBl) 31.B5 (20B.24]
m. CASH FLOW AIUSIM FROM FDWHaiffiACTIVmES:
a) Proceeds from Beue of Ecpiily Shares ixider ESOP Scheme 2S.20
b) Proceeds from/ [Repayment of) n Long Tern Pafrewmgs 31 U7 1.839.69
c) Proceeds from/ (RopaymanI of) m short Torn Bentmings 294.93 (1.467.47)
d) Payment of Lease Liabllilies(indudavg interest on least Habdtie (38.16) (42.02)
e] Interest Paid H64.14) 148.90 (195.10) 135.10
Nat (Ml liiltow/(Oiitflew) hiCoureeof Ffnencfatg Actteftiee [(C)] 140.90 135.10
Net terreiee/(Degeoii) hi E<p ita(A4«4C) (133.41) (4.07)
Add: Cash/cash ^uivalants at tho bagxMwig of the period 169.92 8.47
Cash/Cadi EquNxIenB at lha wid of tha period 36.51 3.60
Conilstsof:
Cash ki Hand 3.41
Bank Balance 33.43 0.19
OeeinB Caeh at Ifca end ef the pesfad 3S.S1 3.00
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M. CHITALE &ca

2nd Floor, Kapur House, Paranjape B Scheme Road No. 1, Vile Parle (E), Mumbai 400057 T: 91 22 2663 3500 www.mmchitale.com

CHARTERED ACCOUNTANTS

Independent Auditor’s Review Report on the quarterly and year to date Unaudited Consolidated Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure requirements) regulations 2015, as amended

The Board of Directors Batliboi Limited

1. We have reviewed the accompanying statement of Unaudited Consolidated Financial Results of Batliboi Limited (the 'Parent') and its subsidiaries, (the Parent and its subsidiaries together referred to as the "Group”), for the quarter and six[months ended 30*" September, 2023 (the] ‘Statement’) attached herewith, being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Regulation”).

2. This Statement, which is the responsibility of the Parent’s Board of Directors and have been approved by them, is prepared in accordance wiUi 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, as amended (the “Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

3. 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 statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures, A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

We have also performed procedures in accordance with the Circular No. CIR/CFD/CMD1/44/2019 dated 29*' March 2019, issued by the Securities and the Exchange Board of India under Regulation 33 (8) of the Regulations, to the extent applicable.

1. The Statement includes the results of the entities as mentioned in Annexure ‘A’ to this report.

2. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard specified under Section 133 of the Act, read with relevant rules issued Oiereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

6. Other Matters

• a. We did not review the interim financial results and other financial information in respect of one subsidiary included in the unaudited consolidated financial results, whose interim financial results excluding consolidation eliminations reflects total assets of Rs. 7,073.12 Lakhs as at 30" September 2023 and total revenue of Rs. 2,105.45 Lakhs and Rs. 3,964.74 Lakhs, total net profit after tax of Rs. 113.41 Lakhs and Rs. 184.49 Lakhs and total comprehensive income of Rs. 113.41 Lakhs and Rs. 184.49 Lakhs for the quarter and six months ended 30" September 2023. These interim financial results and other financial information have been reviewed by other auditors, whose reports have been furnished to us by the management and our conclusions, in so far as it relates to the affairs of such subsidiary is based solely on the report of other auditors and procedures performed by us as stated in paragraph 3 above.

• b. The unaudited consolidated financial results include unaudited interim financial results and other financial information in respect of two subsidiaries, which have not been reviewed by their auditors, whose interim financial results excluding consolidation eliminations reflects total assets of Rs. 874.82 Lakhs as at 30" September 2023 and total revenue of Rs. 226.88 Lakhs and Rs. 252.76 Lakhs, total net profit after tax of Rs. 204.05 Lakhs and Rs. 204.27 Lakhs and total comprehensive income of Rs. 204.05 Lakhs and Rs. 204.27 Lakhs for the quarter and six months ended 30' September 2023. These unaudited financial results and

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

Other unaudited financial information have been approved and furnished to us by the management. Our conclusion, in so far as it relates to the affairs of the two subsidiaries, is based solely on such unaudited financial results and other financial Information.

Our conclusion on the Statement is not modified in respect of these matters.

For Mukund M. Chitale & Co, Chartered Accountants Firm Reg. No. 106655W (A. V. Kamat) Partner M. No. 039585 UDIN: 23039585BGXBUM9838 Place: Mumbai Date: Q*” November 2023

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

Annexure ‘A’

(Referred to in para 4 of our Independent Auditor’s Review Report on the quarterly and year to date Unaudited Consolidated Financial Results of the Company pursuant to the Regulation 33 of the SEBi (Listing Obiigations and Disclosure requirements) regulations 2015, as amended)

Sr. No. Name of the Subsidiary

1. Queen Projects (Mauritius) Ltd., Mauritius (up to 28”" Juiy 2023)

2. Quickmili Inc., Canada

3, 760 Rye Street inc., Canada

BAUIBOI LTD.

Itegd. Office: Bharat House, 5th Floor, 104 Bombay Samachar Manp, Fort, Muinbai-400001 aN: L52320MH1941PLC003494

UNAUOmOCONSOUOATEO FINANOAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 20»

PattlnitwB	Quarter Ended	Quarter Ended		Half ycf	Ended	(Bs. in Lahhs) V^^btded'
	30.09.2023	30.06.2023	30.09.2032	30.09.3023	302».2032	31.03.2023
	(ftgdewcd)	(Reviewed)	(Reviewed)	(Beslewed)	(Rewewwd)	(AucBted)
1. INCOME
(a) Revenue from Operaborrs	6,987.75	6,333.57	6,630-84	13,321 32	11,764.68	25,303.26
(b) Other Income	133.55	91.26	63.44	224.81	115.39	4S3.SS
TOTAL INCOME	7,121.30	6,424.83	6,694.38	13,546.13	11,880.27	25,836.81
2. EXPENSES
(a) Cost of Matenais Consuned	2,690.32	2,872.98	2,312.00	5,563.30	4,824.59	9,840.52
(b) Purchase of Stod: n Trade	1,98.28	1,095.94	1,513.75	2,384.22	2,937.22	5,421.77
(c) Chanpes mventones of finehed goods, worti n prosT^	87.49	(357.44)	192.49	(269.95)	(506.60)	27.64
and stock in trade
(d) Employees benefits espenses	1,335.96	1,206.08	1,061.48	2,542.04	2,052.76	4,241.83
(e) Finance Costs	111.88	125.02	124.90	236.90	275.61	522.29
(f) Depreoabot: & AmorOsabon acpetges	105.15	104.59	98.65	2D9.74	192.86	416.96
(g) Other expenses	1.157.40	1.169.76	1.058.29	2.327.16	1,973.33	4.2SS.86 4
TOTAL EXPENSES	6,776,48	6,216,93	6,361,56	12,993,41	11,749,77	24,726,87
3. PROFTT/aOSS) BEFORE EXCEPTIONAL natS AND TAX	344JI2	207,90	33X72	55X72	taaso	XT(»,94
4. Exceptional Items - (ExpenseVlncome
5. PROFTT/(LOSS) BEFORE TAX	344,82	207,90	33X72	SSX72	130J0	1,109,94
6, Tax Expenses
(a) Current Tax	(-M.!!)	(21.78)	aoi	(65.99)	(0.98)	(77.93)
(b) Earlier Year Tax
(c) Deferred Tax Credit / (Charge)	(58.98)	8.09	(114.95)	(50,89)	(18.26)	35-37
(d) Mat Credit Oiarped			(11.43)		(11.43)	(11-43)
7, NET PROFIT/(LOSS) FOR THE PERIOD	24X63	194.21	206,35	435M	99,83	1,0SS9S
B, Other CotnprehewNve Income
(I) Items that wl not be redassKed to profit or loss
Actuanal g8in/(Lass) on employee ddined bertete	(35.65)	(4.00)	13.42	(39.65)	27.40	11.17
(a) lncoir« lax relaling to items that wl rut be rrrlnrlfrnrfto
proAtorloss
Deferred Tax anpas on above	9.92	1.1!	(3.48)	11.03	(7-12)	(3.11)
(m) Items that mVI be redasailied to profit or loss
Efieos of changes n rates of foiwgn currency morctaryiteirB	4.80	6.56	(10.42)	11.36	(27-00)	(22.84)
9. TolM CompKhendve Incnme	220.70	197,88	205,87	418,58	93.11	1,04X17
10. Pald-sip Equity Share Capital (Face Value Rs.5/- per share)	X4SX29	X447.96	X435.79	1,45X29	l,4ffi.79	1,444,29
IX Basic EPS for the Period /year ^ts. Per Share)	0,83	0.67	0.72	X50	035	3.67
IX DButed EPS far the Period / year (Rs. Per Share)	032	0.66	0.72	X48	035	337

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Nottti to ited Rnandal RMUIts:
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1) Tin above iaw;Aad nonaoliaatad fr^ancial reoulB bava bun prapaiatt in accordance vridi die InMn Accounting aanderdt (Ind AS) notfed under the Companu
(Indian Accounting Standards) RiUs 20)5 as araended lioni Dmc to time. The above unaudited censabdated Anancial reodta were revelwad by AikK CommBM anr
apporved by Beard cd Orecioie at their meatkig held on ogtfi Hnnember 2023 and have bun aubyact te imMd review by SUitery auddBre <d lha Heading Company.
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• 2) The Group oparatu In one aegmant u InduatrU) Egi^Knanr, Unco there is no other ngwiable aegment« Mined under M AS lOB ‘Operating S^menn*. no eiparati djsrksieo has been gwen.

• 3] The Taxation Laws (AmanAntnl} Act, 2019 prortdu[deimeettc companaes with an option to opt for loMar ] t» rata, prondad they do not claim ceitan dMacSons. The Holding Company hu presently canaMered the rate exisBng prior te the amendmic^

• 4) The HoUng Company had decided to sei a part of land and BuSdng ow of the total toctory land and buidng locdad at Surat ntuch B dedosad as NoiK3irrm Asset hsU tor sale. The Company condnuu to look for a buyer.

• S) Queen Prefects (Maurttlus) Ltd. 100% Subsldlaiy Company of the Holding Company is undergoing a vohjniary tgudaHon process on and conseouerdy the Sharu ol quictmd Inc. and 760 Rye street Inc. (Canada), two stepdown subeldianu of the Holding company, airier held by Queen Pmyects (Maurdut) Ltd. have baen transferrec to the Hoklng Company on 2M< My 2023.

• 6) Durbig the quartas ended 30lh Sepeendai 2023, the Holding Company aHoOed 96,670 equity shares, of face value Its. if-each on sxsrcBe of stock options by the[eUgibls] tnyilnyau under the prevailing Employees Slock Opoon Plan ('ESOP') scheme cf Ihe HcMng Company.

• 7) As aduitmiil to the Bombay Sadi Enhinga on 19lh Augut, 2023 the Holding Contoan/s Board of OMacton accordad Ihw approval s the didl schame o Amalgamation for Margar of Batfcbol EnUonmantil engineering Umlad (which hu raportod a preft before bx of Rs. 4M.7B Wdit and prift dtw tax of Rs. 301M Wde tor the half )«ar ended Sapeembu 3(L 2023.) H«h the Company. The Company la In process of cbtaeitng nacpEuiy approvak.

• 8) roBowkig are the detafe of conulldMd satos ulws[of budnoas handled Indudng the vatou perttkimg to agency ][budneu handM tor wNch Group aomi] commluicn :

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lU. InUMts
Paaticiilars CONSOLIDATED
Quarter ended Half rear Ended Veer ended
3009.2033 3006.2023 30.09.2023 30.09.3023 30.09.3032 31.03.2023
(Un-Audhed) (Un-Audited) (Un-Audhad) (Un-AudHed) (Un-AudHed) (Un AudHBd)
Grou vakia of Businui ilandtod (Including agency busmeas) 14,138.46 14,916.42 21,021.11 29.054.90 34,529.37 69,460.63
9] The n^ira tor the prevloiB pcrIoiMyaafs haw bean radasslHtd/rcgroupad where swar necessary.
For and osi behalf of Board of tMrectcit
BadtoolUd.
c
Place: Munbal wagpig Director
OUeiOMiNoi OIW 0017316S
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BATUBOI LTD. Regd. Office Btivat House, Sth Floor, IM Bombay Samachar Marg, Fort. HunilMl-400001 CIN: L52320HH1»41PIC003494 UNAIffimO CONSOUDATED STATEMENT OF ASSETS AND liABILITIES

		MUlmImi	As at	As at
			30-5ep-23	31 Mar	23
			(ReiAcwcrfl
		ASSETS
1		MorKurrent !tS
(a)		Propaty, f’art and EquvmeK	19,l>«.27		19,121.06
(b)		Capital nort-m-pro^ess	SS.40		23.10
(C>		Right of use assets	105.36		117.87
W)		Other intangiUe asseo	10.99		15.10
(e)		FliwUal Assets
		Investments	S.DO		5.00
	>.	Trade recenaUes	245.97		267.27
	la.	Loans			0.04
(f)		Other non-current assets	70.01		66.72
		Total oir^^^gett	19A33.00	19,616.18
2		Current assets
(a)		Inverrtories	3.870.03		3J2a.34
(b)		Financial Assets
		Trade receraUes	3,550.33		3,158.51
		cash and cash equivalents	319.33		463.75
	m.	Sank balaixss other than (a) above			199.25
	Iv.	Loans	0.23		0.51
	V.	Others	470.06		304.07
(C)		Current Tar Assets (Net)
(d)		Othei current assets	98.90
		Total current Assets	9,195.46		7,454.43
3		Non Current Asset HcM far Sate	1,779.33		1.779.39
		Total Assets	30,507.85	281850410
1 (9)		Equity Eciuity Share capftal	1,452.29		1,444.29
(b)		Other EquSy	12,629.90		12,172.80
		ToglEgjg]^	1^0«^	13,6174»
		UABIUTIES
2		Non-current HMIttes
(4)		Financial liabilities
		Sorrowings	6,130.71		tl2S.70
	k.	Lease LlabilAes	72.76		83.34
		Trade paiattes
		(a) total outstandhiQ dues ol mKto entapritei and smal	23.15		15.01
		erterprises
		(b) total outstanding dues of aedSors other than mlot)	113.12		145.61
		enterprises ana smal enteipnses
		Other financial kaUliOes	95.04		95.04
(b)		Provisions	400.89		376.31
(C)		Deferred lax liabtUDes (Net)	1,296.49		1,256.51
(<0		Other non-orrent liabWties	410.90		346.20
		Total Non-currCTt BMillittes
3		Current HabUNies
(4)		Finanaat Liabilities
	I.	Bonowtngs	1.531.60		1,235.58
	II.	Lease Liabilities	48.66		47.88
	la.	Trade payables
		(a) total outstandkig dues of nsrro enterprises anlsnol	817.14		S84.6S
		BltKipiiMS
		(b) total outstanbig Aias of credtors ether than iniao	2J03.10		2,204.62
		enterprises and smal enterprises
(6)		Other currert Habllaies	2908.48		2444.98
(0		Provisions	244.14		227J2
(d)		Current Tax Uatalnes (Net)	21.48		44.16
		TotM current aeblBttee	7,874.60	aSSiii.
		TotM Equfty and LtebWttes	30,507.85	2868504)0

BATLIBOI LTD. Regd. Office: Bharat Hmne, 5th Ffoor, 104 Bombay Samadur Marg, Fort, Mund>^-400001 an: L52320HH1»41PLC003494

UNAUDITED CONSOLIDATED CASH FLOW STATEMENT

				{Rs. In Lakhs)
Partkubrs	Six months etKled		Six months ended
	30 Sep-23		30-Sep-32
	(Reviewed)		(Reviewed)
I. CASH FLOW ARISING FROM OPERAnNG ACnVTTlES:
Net Profit / (Loss) Before Tax and Exceptional Itmns		552.71		130.50
Add/ Deduct:
a) Depreciation	209.74		192.86
b) Interest Expense	1B7.94		217.54
d] IntBest on Lease Liabilities	7.96		9.35
c) (Profit)/ Loss on Sale/Disposal of Assets	(15.15)
f) Provision for Doubtful DdiCs/Advances	0.13		4.46
e) Debit Balances Written off/Bad Debt	2.18		136.67
9) Gratuity arx) Leave Encashment Provision	42.10		55.15
i) IrXerest Inorme	(21.65)		(6.69)
)) Unclaimed Credit Balances Written back	(95.15)		(11.36)
k) Foreign Exchange Loss	18.39		3.84
I) Employee Stock C^iticn Reserve	21.32	357,81	mi	596.01
Operating Profit Bedore WortWig Capftal Changes A^ Deduct:		910.52		726.51
a) Decrease/ (Increase) in Inventories	(541.68)		(565.38)
b) Decrease/ (Increase) ai Trade Recerables aixf Advances	(390.93)		(1,039.50)
c] Decease/ (Incrrase) in Odiff Current Assets	(268.14)		22.09
d) increase/ (Decrease) n Trade and Other Payables	887.28	(313.47)	(613.59)	(2,21638)
		S97.0S		(1,489.87}
Income Taxes (Paid)/ Refund received (net)		(76.90)		(J9-59)
Net Cash Inflow / (Outflow) from Operations (A)		520.1S		(1,529.46)
n. CASH ROW ARISING FROM INVESnNG ACTlVmESi
a) Interest Income	21.65		6.69
b) Proceeds frMi Sale of Property, Plant and Eguipment's	15.15
b) Acquisttion of Faced Assets	(139.36)		(108.56)
c) Decrease/ (Increase) in Bank Deposits	(687.32)	(789.88)	(151.64)	(253.51)
Net Cash liNlow / (Outflow) in Course ol InvestingActhritics(B)		{7a9.aai		OS3.51)
IQ. CASH FLOW ARISING FROM FINANaNC ACTTVITIES:
a) Proceeds hem issue of Equity Shares under ESOP Scheme	25.20
b] Proceeds from/ (Repayment of) in Long Term Sorrowings	30.19		1,815.96
c) Proceeds from/ (Repayment of) in Short Term Borrowings	296.02		(914.46)
d) Payment of Lease LiaUkdes (induding Interest onlease liabilities)	(38.16)		(42.02)
e) Interea Paid	(187.94)	125.31	(207.15)	652.33
Net Cash biflow/(Outflow) in Course of Fhtandng Activities(C)		125.31		6S2.33
Net Increase/CDecfeaae) in Cash/CaA Eguhraletits (A+Bt-C)		(144.42)		(1,130.64)
Add: Cash/Cash Eqiavalents M the beginning of the period		463.75		1,16836
CasIVCash Equivalents N the end of the period		319.33		3B.24
Consists oh
Ca^ in Hand		3.08		3.41
Bank Balance		316.25		34.83
Closing CaA at the end cN the period		319.33		38.34