Birla Cable Limited — Interim / Quarterly Report 2021

Feb 11, 2021

Birla Cable Limited

(Formerly Birla Ericsson Optical Limited)

Regd. Office & Works : MP BIRLA Udyog Vihar, P.O. Chorhata, Rewa - 486 006 Madhya Pradesh, India GROUP Telephone: +91 7662 400580, Fax: +91 7662 400680 Email: headoffice@birlacable.com | Website : info@birlacable.com PAN No. AABCB1380L CIN : L31300MP1992PLC007190 GSTIN - 23AABCB1380L1ZW

BCL/CS/20-21/ 11 FEB 2021

BSE Ltd. The Manager, Corporate Relationship Department, Listing Department, P.J.Towers, Dalal Street, Bandra Kurla Complex, Fort, Bandra (E), MUMBAI-400 001 MUMBAI-400 051

1st Floor, New Trading Ring, The National Stock Exchange of India Ltd, Rotunda Building, Exchange Plaza, C-1, Block G,

Company's Scrip Code: 500060 Company's Scrip Code: BIRLACABLE

Dear Sir,

Sub: Unaudited Financial Results of the Company for the Quarter and Nine Months ended 31st December, 2020

This is to inform you that the Board of Directors of the Company at its meeting held today i. 11 February, 2021, interalia, has approved the Unaudited Financial Results of the Company for the Quarter and Nine Months ended 31st December, 2020 pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement in the prescribed format showing the Unaudited Financial Results of the Company for the Quarter and Nine Months ended 31st December, 2020 along with the Limited Review Report of the Statutory Auditors thereof.

The aforesaid meeting of the Board of Directors of the Company commenced at 3.15 P.M. and concluded at 6.05 P.M.

This is for your information and record. Please acknowledge the receipt.

Thanking you,

Yours faithfully, for Birla Cable Limited

foomerk, (aor

(Somesh Laddha) Company Secretary

Encl: As above.

$\begin{array}{c} \textbf{BIRLA CABLE} \textbf{LIMITED} \ \textbf{Regd. Office: Udyog Vilar, P:O:Contentata, Rewa - 485 006 (M.P.)} \ \textbf{Tolephono No: 07882-400580, Fax No: 07682-400680} \ \textbf{Email headerSpecDiracable.com; Website: www.birlacable.com} \end{array}$

STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2020

	(₹ in lakhs)
		Quarter Ended			Nine Months Ended		Year Ended
SI.No.	Particulars	31.12.2020	30.09.2020	31 12 2019	31.12.2020	31.12.2019	31 03 2020
		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Umandited)	(Audited)
$\mathbf{1}$	Income
	Revenue from Operations(3.1)	8484.50	6755 17	495288	20956.83	16414 58	22307.12
	Other Income(b)	30.59	5423	1815	136.95	206-28	226.08
	Total Income	8515.09	6809.40	4971.03	21093.78	16620.86	22533 20
$\overline{2}$	Expenses
	Cost of Raw Materials Consumed(3)	6375.07	5002.82	3437.62	14951.57	1109835	1607192
	Purchases of Stock-in-Trade(b)	1.58	380	0.05	11.12	146	2.26
	Changes in Inventories of Finished Goods.(c)Work-in-Progress and Stock-in-Trade, etc.	119.83	(9.83)	(5785)	717.77	67.40	(739.55)
	Employee Benefits Expense(d)	529.95	503.53	479.65	1428.42	1526.82	2081 04
	Finance Costs(c)	87.51	105.57	20186	307.76	578 15	714.56
	Depreciation and Amortisation Expense(1)	275.06	278 14	329 66	850.81	940.31	117381
	Other Expenses$\left( \underline{\alpha} \right)$	1050.03	870 07	749.19	2514.19	2399.79	319881
	Total Expenses	8439.03	6754 10	514018	20781.64	1661228	22502.85
3	Profit/(Loss) before Tax (1-2)	76.06	55.30	(16915)	312.14	8.58	30.35
$\overline{4}$	Tax Expense
	(a) Current Tax	49.21	22.79	(47.26)	107.19
	(b) Excess Tax provision of earlier year written back	i.	$\sim$	(60.62)	(4.32)	(60.62)	(60.62)
	(c) Deferred Tax	(2.06)	(147)	(3.71)	21.59	(23, 34)	(10.64)
5	Net Profit/(Loss) for the Period (3-4)	28.91	33 98	(5756)	187.68	92 54	101 61
6	Other Comprehensive Income (OCI)
	Items that will not be re-classified to Profit or Loss.(a)	134.99	113.98	(6715)	516.97	(49630)	(104530)
	(b) Taxes relating to the above items		(418)	(037)	(4.18)	53 17	7277
	Total Other Comprehensive Income/(Loss)	134.99	109.80	(6752)	512.79	(44313)	(972.53)
$\overline{7}$	Total Comprehensive Income/(Loss) for the Period(Net of Tax) $(5+6)$	163.90	143 78	(125.08)	700.47	(350.59)	(87092)
8	Paid-up Equity Share Capital(Face value of ₹10/- per Share)	3000.00	3000.00	3000 00	3000.00	3000 00	3000 00
$\mathbb{Q}$	Other Fquity						12578.83
10	Basic & Diluted Earnings Per Share (₹)(not annualised).	0.10	0.11	(0.19)	0.63	0.31	0.34

Contal 2

$\overline{\partial} \overline{w}$

Notes:

• 1 The above Unaudited Financial Results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on wt February, 2021. The Statutory Auditors of the Company have carried out a limited review of the said results
• 2 The Company has only one reportable primary business segment ie. Cables. based on guiding principles given in Ind AS 108 "Operating Segments" notified pursuant to Companies (Indian Accounting Standards) Rules, 2015, Accordingly. the disclosure requirements of Ind AS 108 are not applicable
• 3 The Company has assessed the impact of COVID-19 pandemic on its financial results/ position and as per the current assessment , the Company expects to recover the carrying amount of inventory, trade receivables and other assets.
• 4 The Figures for the previous period/year are re-classified/re-grouped, wherever necessary, to correspond with the current period's/year's classification. .

Date : 11" February. 2021

For BIRLA CABLE LIMITED

fdlh "THARSH V. LODHA)

CHAIRMAN DIN: 00394094 SINGAPORE

JAIN PRAMOD JAIN & CO. Phone : 41401901

CHARTERED ACCOUNTANTS Seen enice Aemniccome F-591, Sarita Vihar, New Delhi - 110076

Limited Review Report on Quarterly and Nine Monthly Unaudited Financial Results of Birla Cable Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations 'and Disclosure Requirements) Regulations, 2015

To

Board of Director of Birla Cable Limited

We have reviewed the accompanying statement of unaudited financial results ('the Statement') of Birla Cable Limited ("the Company") for the quarter and nine months ended 31 December 2020, 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 including relevant circular issued by the SEBI from time to time.

This Statement, which is the responsibility of the company's management and approved by the Board of Directors, has been 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, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to issue a report on the Statement based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, " Review of Interim Financial Information Performed by the Independent Auditors 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 statement is 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, 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 Listing Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Jain Pramod Jain & Co. Chartered Accountants

(Firm Registration No. 016746 N) Ds! boy . (P.Kbaery"

Partner Membership No. 010479 UDIN: 21010479AAAAAK2465

Place: New Delhi Date:11.02.2021