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CRESSANDA RAILWAY SOLUTIONS LIMITED Interim / Quarterly Report 2021
63875_rns_2021-11-13_e515ce32-9171-472d-b135-241e5f6db54c.pdf
Interim / Quarterly Report
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CRESSANDA SOLUTIONS LIMITED
Regd. Off: 307, Maker Bhavan No. III, 21 New Marine Lines, 3rd Floor Mumbai 400020. Phone: +91-22 32938373 Fax: +91-22 32938373 E-MAIL: [email protected] CIN: L51900MH1985PLC037036
13 November, 2021
To, Department of Corporate Services (DCS-CRD) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai — 400 001 Ref:
Subject: Approval of un-audited Standalone Financial Results for the quarter and half year ended September 30, 2021 along with Limited Review Certificates.
Cressanda Solutions Limited. Scrip Code: 512379.
Dear Sir,
In pursuance of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 we hereby submit following documents:
-
- Un-audited standalone financial results for the quarter and half year ended September 30, 2021.
-
- Statement of Assets and Liabilities for the half year ended September 30, 2021.
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- Cash flow Statement for the half year ended September, 30 2021
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- Limited Review Certificate.
You are requested to kindly take the same on your record.
Thanking you Yours truly, For Cressanda Solutions Limited
RAMESH LAXIMAN BHOSLE
Name: Ramesh L. Bhosle DIN: 07952690 Designation: Whole Time Director & CFO
Encl: as above.
M-28, SUPER TEX TOWER, C.P. JARIA & CO. OPP. KINNARY CINEMA,
CHARTERED ACCOUNTANTS PHL 2343080. a. Email:[email protected]
LIMITED REVIEW REPORT
To, Board of Director Cressanda Solutions Limited
We have reviewed the accompanying statement of standalone unaudited financial results of CRESSANDA SOLUTIONS LIMITED for the quarter/half year ended September, 2021. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements 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 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 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 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.
For C.P4aria & Co Chartg ed Accoungants
' ~ aaa xHandy 1 [
PANKAJ KUMAR JAIN M.No.112020 FRN 104058W
Date: 13/11/2021 Place: Surat UDini 21112020 AAAA HA 67D
CRESSANDA SOLUTIONS LIMITED CIN - L51900MH1985PLC037036
UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER/ HALF YEARLY ENDED 30TH SEPTEMBER 2021
| CRESSANDA SOLUTIONS LIMITED CIN - L51900MH1985PLC037036 |
||||||
|---|---|---|---|---|---|---|
| UNAUDITED STANDALONE FINANCIAL | RESULTS FOR THE QUARTER/ HALF YEARLY ENDED 30TH SEPTEMBER 2021 | |||||
| Particulars | Quarter Ended | Half Year Ended | (Rs.in Lakhs) Year Ended |
|||
| 1. Income | Unaudited 30-09-2021 |
Unaudited 30-06-2021 |
Unaudited 30-09-2020 |
Unaudited 30-09-2021 30-09-2020 31-03-2021 |
Unaudited | Audited |
| (a) Revenue from Operations (b) Other Income TOTAL INCOME (A + B) |
5.030 5.030 |
2.000 6.000 8.000 |
0.720 - 0.720 |
7.030 6.000 13.030 |
1.210 - 1.210 |
9,330 - 9.330 |
| 2. EXPENSES Cost of sales and other operational expenses |
- | - | - | - | - | - |
| Purchase of Stock of trade Changes in Inventories Employee Benefit Expenses |
- - 0.810 |
- - 2.690 |
- - 0.450 |
- - 3.500 |
- - 0.900 |
- - 2.390 |
| Depreciation and Amortization Expenses Other Expenses |
- 8.575 |
- - |
- 0.150 |
8.575 | - 0.170 |
- 6.490 |
| TOTAL EXPENSES | 9.385 | 2.690 | 0.600 | 12.075 | 1.070 | 8.880 |
| 3. Profit/ (Loss) Exceptional items & Taxes (1-2) 4. Exceptional Items |
(4.355) | 5.310 - |
0.120 - |
0.955 - |
0.140 - |
0.450 - |
| 5. Profit/ (Loss) before tax (3-4) | (4.355) | 5.310 | 0.120 | 0.955 | 0.140 | 0.450 |
| 6.Tax Expense Current Tax Deferred Tax |
- | - | - | - | - | - |
| 7. Profit/(Loss) for the period (5-6) 8. Other Other comprehensive income |
- (4.355) |
- 5.310 |
- 0.120 |
- 0.955 |
- 0.140 |
- 0.450 |
| i.ltems that will not be reclassified to profit or loss ii. Income tax relating to Items that will not be reclassified to profit or loss |
- - |
- - |
- - |
- - |
- - |
- - |
| Total Compresive Income (Net of Taxes) | - | - | - | - | - | - |
| 9. Total Compresive Income 7+8 | (4.355) | 5.310 | 0.120 | 0.955 | 0.140 | 0.450 |
| 10.Paid up Shares Capital Values 10 Per Shares | 3,035.775 | 3,035.775 | 3,035.775 | 3,035.775 | 3,035.775 | 3,035.775 |
| 16. Earnings per Equity Share -Basic -Diluted |
(0.001) (0.001) |
0.002 0.002 |
0.000 0.000 |
0.000 0.000 |
0.000 0.000 |
0.000 0.000 |
| Above by audit committee 1. The Result as received financial statement in accordance prepared has been This with the 2. 2013, and other recognised accounting practices and policies to the extent applicable. 3. The figures for quarter ended 30th September 2021 are the balancing figures between the audited figures in respect of the full financial year and the reviewed year-to-date figures up to the third quarter of the financial year. 4. Previous year figures have been re-grouped or re-classified wherever necessary. |
were taken on applicable Indian |
by Board record of Standards Accounting |
Board Directors at AS") ("Ind |
Meeting held on prescribed under |
13.11.2021 section 133 of the |
Companies Act, |
| 5. The Format for un-audited quarterly results as prescribed in SEBI's circular CIR/CFD/CMD/15/2015 dated November 30, 2015 has been modified to comply with requirements of SEBI's circular CIR/ CFD/FAC/62/2016 dated July,5 2016, IND-As and schedule III (Division II) to the Companies Act, 2013 applicable to companies that are required to comply with IND-AS. |
||||||
| By Order of the Board For CRESSANDA SOLUTIONS LIMITED |
||||||
| Place : Mumbai | RAMESH LAXIMAN : ~ BHOSLE |
|||||
| Date: 13th November 2021 | RAMESH LAXIMAN BHOSLE Whole Time Director & CFO DIN NO: 07952690 |
Cressanda Solutions Limited CIN - L51900MH1985PLC037036
Statement of Audited Assets & Liabilities as on 30th September 2021
| Cressanda Solutions Limited | ||
|---|---|---|
| CIN - L51900MH1985PLC037036 | ||
| Address : | 208, Maker Bhawan 3, 21 New Marine Lines, Mumbai 400020 | |
| Statement of Audited Assets & Liabilities as on 30th September 2021 | ||
| (Rs.in Lakhs) | ||
| Particulars | Audited AS ON 30th September 2021 |
Audited AS ON 31st March 2021 |
| ASSETS Non-Current Assets |
||
| (a) Property Plant and Equipments | ||
| (i) Tangible Assets (b) Financial Assets |
- | |
| (i) Trade Receivables (ii) Investments |
498.31 | 492.31 |
| (iii) Loans | - 1,748.42 |
1,909.92 |
| (c) Other non current assets (d) Deferred Tax Assets (Net) |
2.96 | 2.96 |
| Total - Non-Current Assets | 2,249.69 | 2,405.19 |
| Current Assets (a) Inventories |
- | |
| (b) Financial Assets | ||
| (i) Trade Receivables (ii) Cash and cash equivalents |
- 171.49 |
14.51 |
| (iii) Loans (c) Other Current Assets |
- - |
|
| Total - Current Assets | 171.49 | 14.51 |
| TOTAL ASSETS EQUITY AND LIABILITIES |
2,421.18 | 2,419.70 |
| Equity (a) Share Capital |
||
| (b) Other equity | 3,035.78 (617.78) |
3,035.78 (618.74) |
| Total Equity Non-Current Liabilities |
2,417.99 | 2,417.04 |
| (a) Financial Liabilities | - | |
| (b) Deferred Tax Assets (Net) Sub Total - Non-Current Liabilities |
- - |
|
| Current Liabilities | ||
| (a) Financial Liabilities (i) Short-Term Borrowings |
- | |
| (ii) Trade payables (iii) Other financial liabilities |
3.19 | 2.66 |
| (b) Short Term Provisions | - | |
| Sub Total - Current Liabilities TOTAL OF EQUITY AND LIABILITIES |
3.19 2,421.18 |
2.66 2,419.70 |
| By Order of the Board For CRESSANDA SOLUTIONS LIMITED |
||
| Place : Mumbai | Digitally signed by RAMESH LAXIMAN BHOSLE | |
| Date: 13th November 2021 | RAMESH ashtra, 30fc7@fbd3 16e25d7da 1091064fedab0245¢56 st=Mahari IN: e=IN, i ca 6d 28680eadd, postalCode=400084, street=Bhramaputra erialNumber=0f68ffd23ecbac 1 60c3c12c3 14373406747 cf3t LAXIMAN BHOSLE seep |
1, B Marg,Ghatkop er West, enters |
| \ym=64fflea268ce55e232cb9¢97flac7a51 ps Dates 2021.11.13 16:12:41 +05'30' |
||
| RAMESH LAXIMAN BHOSLE Whole Time Director & CFO |
||
| DIN NO: 07952690 |
Cressanda Solutions Limited CIN - L51900MH1985PLC037036
Statement of Cash Flows for the Half Year Ended 30th September 2021
| Cressanda Solutions Limited | |||
|---|---|---|---|
| CIN - L51900MH1985PLC037036 Address : 208, Maker Bhawan 3, 21 New Marine Lines, Mumbai 400020 |
|||
| Statement of Cash Flows for the Half Year Ended 30th September 2021 | |||
| Particulars | Half Year Ended | (Rs.in Lakhs) Year Ended |
|
| Cash flow from operating activities Profit before tax |
30th September 2021 0.96 |
31st March 2021 0.45 |
|
| Adjustments for: Depreciation |
|||
| Provision for bad and boubtful debtss Profit on Sale of Fixed Assets |
|||
| Loss on assets discarded and other non operating Loss | |||
| Operating Profit Before Working Capital Changes Adjustment for : |
0.45 | ||
| Decrease (Increase) in Trade & Other Receivables Decrease (Increase) in Inventories |
(6.00) | ||
| Decrease (Increase) in Long Terms Loans and advances Decrease (Increase) in Short Terms Loans and advances |
161.50 | 12.93 | |
| Decrease (Increase) in Other Non Current Assets Decrease (Increase) in Other Current Assets Increase (Decrease) in Trade Payables |
(6.50) | ||
| Increase (Decrease) in Short term provisions Increase (Decrease) in Other financial Liabality |
0.63 | ||
| Increase (Decrease) in Short term borrrowing | |||
| Cash Generated from Operations Direct Taxes Paid |
156.99 | 7.51 | |
| Net cash used in operating activities (A) Cash Flow from Investing Activities |
156.99 | 7.51 | |
| Other Non Operating Income Interest received |
|||
| Dividen on shares Assets Sales |
|||
| Asset w/off Decrease (Increase) in Non Current Investments |
|||
| Net cash generated from investing activities (B) | |||
| Cash flow from financing activities | |||
| Increase (Decrease) in long Term Borrowings Sale of Fixed Assets against Loan (In Auction) |
|||
| Net cash (used in)/ generated from financing activities ( C ) Net changes in cash and cash equivalents (A+B+C) |
156.98 | ||
| Cash and cash equivalents at the beginning of the year Cash and cash equivalents/ (bank balance overdrawn) at the end of the year |
14.51 171.49 |
7.51 7.00 14.51 |
|
| Notes: The above statement of cash flows has been prepared under indirect method as set out in Ind AS 7 'Statement of cash flows'. |
|||
| Previous year figures have been regrouped / reclassified, wherever necessary, to correspond with current year classification. | |||
| Place : Mumbai | By Order of the Board For CRESSANDA SOLUTIONS LIMITED |
||
| Date: 13th November 2021 | Bs signed by RAMESH LAXIMAN BHOSLE st=Maharashtra, 1091 064fcdabo24scs6596e08 Digitally DN: c=IN, RAMESH 84, street =Bhramaputra LAXIMAN BHOSLE. esis 2314373400717 cf2f0Sdeac , n=RAMESH LAXIMAN, \~6Abfflvea268ceSSe232cb997fDc7aS1 7 HOSLE, pseudonym Date; 2021.11.13 16:1 256 +0530" |
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| RAMESH LAXIMAN BHOSLE Whole Time Director & CFO DIN NO: 07952690 |