BSL Ltd. — Interim / Quarterly Report 2022

Aug 3, 2021

BSLLtd.

REGO. OFFICE : 26,lndustrial Area, Gandhi Nagar, BHILWARA-311 001 (Rajasthan) INDIA Tel.: (91 1482) 249101-102, 245000 E-mail : accounts@bslsuitings.com, Website : www.bslltd.com C.I.N. : L24302RJl970PLC002266

REF: BSL/CS/2021-22/ Dated: s rd August, 2021

National Stock Exchange oflndia Ltd	BSE Ltd
Listing Department	Department of Corporate Services
Exchange Plaza	25th Floor, Phiroze Jeejeebhoy Towers
Sandra Kurla Complex	Dalal Street
Bandra (E)	Kala Ghoda, Fort,
Mumbai- -J:.00 051	Mumbai, Maharashtra 400 001
NSE Symbol: BSL	BSE Scrip Code: 514045

Subject: Outcome of Board Meeting held on 3 rd August. 2021

Submission ofun-audited financial results for the quarter ended sothJune. 2021 in pursuant to Regulation SO & SS of the SEBI (LODR) Regulations. 2015.

Dear Sir/Ma'am,

Pursuant to Regulation SO & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of the Company, at its Meeting held today, i.e., Tuesday, s rd August, 2021, inter alia, has approved and taken on record the Un-audited Financial Results of the Company for the quarter ended 30th June, 202 J along with the Limited Review Report issued by the Statutory Auditors' thereon.

A Copy of the above referred Financial Results along with the Limited Review Report is enclosed herewith.

Further, in accordance with the Securities and Exchange Board of India (prohibition of Insider Trading) Regulations, 2015 and Company's Code of conduct for Prohibition of Insider Trading, the "Trading Window" for trading in the shares of the Company will open from 6'" August, 2021 for the Directors and Key Managerial Personnel, Designated Employees, Connected Persons of the Company and their immediate relatives.

The meeting of the Board of Directors commenced at 01.00 P.M. and concluded at 02.00 P.M.

I{indly take the same on records.

Thanking you, Yours Faithfully For BSL Li 't..tid M. No.:,ACS-43134 Enc: a/a

SSMS & Associates CHARTERED ACCOUNTANTS

16, BASEMENT HEERA PANNA MARKET PUR ROAD, BHILWARA- 311001 E-mail : ssms2405@gmail.com

Independent Auditor's Review Report on Unaudited Quarterly Financial Results of the company pursuant to the regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To, The Board of Directors, BSLLIMITED

We have reviewed the accompanying statement of unaudited financial results of BSL Limited ("the company") for the quarter ended 30th June 2021 (the "statement"), attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('the regulation') as amended, read with SEBI Circular No. ClR/CFD/CMD 1/80/2019 dated 19th July 2019 ('the Circular') and amendment thereto.

This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors have 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 rules thereunder, requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosui;e Requirements) Regulations, 2015, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

We have 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 f r ee from material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide 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 the aforesaid Indian Accounting Standards specified under section 133 of the Companies Act, 20 I 3 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 Regulation, read with the Circular, including the manner in which it is to be disclosed or that it contains any material misstatement. For SSMS and Associates

Place: Bhilwara Date: 3 rd August, 2021

Firm Re .0l9351C atish Somani) Partner M. No. 076241 VDIN :2 /07 621/ I AAAA (3s, 5 682-

Chartered Accountants

BSL LIMITED

CIN: L24302RJ I 970PLC002266, Website: www.bslltd.com Tel. : (91-1482) 245000. 24910 I Emai I: accounts@bslsuitings.com Regd. Office: 26,lndustrial Area. Gandhi Nagar, Bhilwara (Raj.) 311 001 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2021

					C In Lakhs)
Sr,No.	Particulars	Quarter Ended			Year Ended
		30.06.2021	31.03.2021	30 06.2020	31.03.2021
		Unaudited	Audited	Unaudited	Audited
I	Revenue from operations	8641	9164 ,	4666	32142
2	Other Income	99	52	68	127
3	Total Income (1 +2)	8740	9216	4735	32269
4	Expenses
	a)Cost of Material Consumed_	4522	4159	1875	12355
	b)Purchase of stock-in-trade	246	246	58	697
	c)Changes in inventories of finished goods, work-in-progress and stock-in-trade	(1113)	(62)	12	2502
	e)Employees benefits expense	1668	1501	1229	5639
	f)Finance Cost	293	353	433	1677
	g)Depreciation and amortisation expense	291	294	311	1217
	h)Power, Fuel & Water	969	989	617	3277
	i)Other expenses	1524	1409	812	4782
	Total Expenses	8400	8889	5347	32146
s	Profit/ (Loss) before Exceptional Items and Tax (3-4)	340	327	(612)	123
6	Exceptional Items	-	-
7	Profit/ (Loss) before Tax (5-6)	340	327	(612)	123
8	Tax Expenses
	a)Current Tax	102	62		121
	b)Deferred Tax	(16)	(54)	(25)	(134)
	Total Tax Expenses	87	8	(25)	(13)
9	Profit/(Loss) for the period (7-8)	253	319	(587)	136
IO	Other Comprehensive Income	-	-
	(A).(i) Items.that will not be reclassified to prolit or loss	(12)	16	(22)	(49)
	(ii)Income Tax relating to the items that will not be reclassified to profit or loss	(3)	4		(12)
	(B).(i) Items that will be reclassified to profit or loss	(46)	(35)	81	299
	(ii)Income Tax relating to the items that will be reclassified to profit or loss	(12)	(9)	20	75
	Total Other Comprehensive I ncomem (A+B)	(43)	( 14)	39	187
tl	Total Comprehensive Income (9+ I 0)	210	305	(548)	323
12	Paid-Up Equity Share Capital	1029	1029	,1019	1029
13	Reserves (Excluding Revaluation Reserves)				6799
14	Earning per Shares (Before & After Extra ordinary Items) (of'" 10/-each) (not annualised)
	a)Basic EPS C)	2.46	3. 10	(5.70)	1.32
	b)Diluted EPS ()	2.46	3.10	(5. 70)	1.32
					By order of the Board

Place- Kolkata (WB) Date- 3rd August, 2021

n � ). :::;, (AIWl'I LHUl<IWAL) CHAIRMAN

OIN • OOIH\1718

BSL LIMITED

CIN: L24302RJ1970PLC002266, Website: www.bslltd.com Tel. : (91-1482) 245000, 249101 Email: accounts@bslsuitings.com Regd. Office : 26,Ind.ustrial Area,Gandhi Nagar,Bhilwara (Raj.) 311 001

					(' In Lakhs)
	Sr. No. Particulars	Quarter Ended	Year Ended
		30.06.2021	3103 2021	30 06 2020	31.03.2021
		Unaudited	Audited	Unaudited	Audited
I2	Segment Revenue
	a)Textile	8603	9149	4633	32054
	b) Wind l'ower	44	45	37	139
	Total	8647	9194	4670	32193
	Less : Inter Segment Revenue	6	30	4	51
	Net Sales/ Income from Operations	8641	9164	4666	32142
	Segment Results Profit /(Loss) before Tax
	and interest from each segment
	a)Textile	638	689	( 154)	1903
	b)Wind Power		(9)	(25)	(103)
	Total	(5)633	680	( 179)	1800
	Less.
	a)Interest		353	433
	b)Other llll-allocable expenditure net of	293-	-	-	1677-
	unallocable income
	Total Profit/ (Loss) before tax	340	327	(612)	123
3	Segment Assets
	a) Textile	28568	27290	29932	27290
	b)Wind Power	1041	1009	1119	1009
	Total Assets	29609	28299	31051	28299
4	Segment Liabilities
	a) Textile
	b)Wind Power	575441	4352	8700	4352
	Total Liabilities	5795	264378	128712	264378

Notes:-

I. The financial statements of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Stanclrds) Rules.2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules. 2016.prescribed under section 133 of the Companies Act. 20 I 3, and other recognized accounting practices and policies to the extent applicable.

1. The above financial results were reviewed by the Audit Committee and thereafter were taken on record by the Board of Directors at their meeting held on 3rd August, 2021 The Statutory Auditors have carried out Limited Revie\V for the Results of the quarter ended 30th june,2021 and there are no qualifications in the san1e. .,,

2. The figures of the last quarter ended March 31, 2021 are the balancing figures between the audited figures in respect of the ful I tinancial year ending 31st March. 2021 and the unaudited pub I ished year to date figures ended December 31, 2020, being the date of the end of the third quarter of the tinancial year which were subject lo limited review.

3. The figures of the previous year / quarter have been regrouped/ recast wherever necessary.

Place- Kolkata (W.B.) · Date- 3rd August, 2021 -� CHAIRMAN DIN: 00001718