Delton Cables Ltd. — Interim / Quarterly Report 2021

Aug 11, 2021

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To, The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

Date: August 11, 2021

Scrip Code: 504240

Sub: Outcome of Board Meeting of M/s Delton Cables Limited

Dear Sir/Madam,

This is to inform you that in just concluded meeting of Board of Directors of M/s Delton Cables Limited held on 11[th] August, 2021 through video conferencing, the board discussed & approved the following matters:

1. Un-audited financial results for the quarter ended on 30[th] June, 2021 along with Limited Review Report of Statutory Auditors;

2. Appointment of Mr. Shashi Kumar Sharma (DIN: 08485614) as an additional director and designated as a Whole-Time Director of the Company w.e.f. 11.08.2021.

3. Notice & Directors Report for its 56[th] Annual General Report of the Company.

4. Appointment of M/s J Chandra & Associates, (Firm Reg. No. 000384) Cost Accountants, as Cost Auditor of the Company for the financial year 2021-22.

5. Request received from the Promoters /Promoter Group for re-classification from the Category of “Promoter /Promoter Group” of the Company to “Public’ in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the un-audited financial results for the quarter ended on 30.06.2021 along with Limited Review Report of Statutory Auditors and brief resume of the appointed Director are duly enclosed.

Kindly take the same on your record pursuant to SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Thanking you,

Yours faithfully

For Delton Cables Limited

VIKAS Digitally signed by VIKAS RAWAT RAWAT Date: 2021.08.11 18:03:11 +05'30'

Vikas Rawat Company Secretary& Compliance Officer

Encl.; As above

Information as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 read with - Regulation 30 Para A of Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended from time to time

Details of Mr. Shashi Kumar Sharma

S. No.		Particulars	Details
1		Reason for change viz. appointment, resignation, removal death or otherwise	Appointment
2		Date of appointment~~/ cessation~~ ~~(as applicable)~~and term of appointment	Appointed for a period of 3 consecutive years w.e.f. August 11, 2021
3		Brief profile	Mr. Shashi Kumar Sharma is a post graduate with a degree in Master of Arts. He has more than 40 years of rich experiences in the areas of Sales and Marketing.
4		Disclosure of relationship between Directors (in case of appointment of a director)	Mr. Shashi Kumar Sharma is not related to any Director of the Company

Details of M/s J. Chandra & Associates (Cost Auditor)

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S. No. Particulars Details
1 Reason for change viz. Appointment
appointment, resignation,
removal death or otherwise
2 11 [th] August, 2021 to conduct the Audit of Cost records for the
financial year 2021-22.
Date of appointment/
cessation (as applicable) and
term of appointment
3 Brief profile M/s J. Chandra & Associates is a firm of practicing Cost and
management Accountants founded by CMA Jeewan Chandra,
which is led by an expert group of professionals having
combined experience of more than a decade in the area of
Costing, Accounting, Taxation, Advisory, Management
Consultancy, Audit and compliances. Our team members and
experts are part of the day-to-day work and provide valuable
advice to the clients. We believe in rendering eminence
professional services to our clients and helping them in
striving cost reduction, increase in productivity & generating
efficiencies to provide access to domestic and international
markets. We offer time-tested and customized solutions to
meet the exclusive needs of our clients, solving their
certifications, financial and cost management complications.
4 Disclosure of relationship N.A.
between Directors (in case of
appointment of a director)
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HEAD OFFICE: A-6, Maharani Bagh New Delhi – 110 065 PH. : 011- 41626470-71 FAX : 011- 41328425 E-mail : info@bansalco.com

BANSAL & CO LLP CHARTERED ACCOUNTANTS

Independent Auditor’s Review Report on Review of Interim Standalone Financial Result

The Board of Directors

Delton Cables Limited

1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results (“the Statement”) of Delton Cables Limited (“the Company”) for the quarter ended June 30, 2021 (“the Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

2. This statement is responsibility of the company’s management and approved by the Company’s Board of Director, has been prepared in accordance with the recognition and measurement principals laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principal generally accepted in India. Our responsibility is to express a conclusion on the statement based on our review.

3. We conduct our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, preliminary of the Company’s personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantial less in scope than an audit conducted in accordance with Standard of Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us obtain assurance that we would become aware if all significant matters that might be an identified in an audit. Accordingly, we do not express an audit opinion.

4. Based on our review as stated in paragraph 3 above, nothing has come to our attention that cause us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclose in term of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Bansal & Co LLP

Chartered Accountants Firm RegistrationNo.001113N/N500079

SIDDHART Digitally signed by SIDDHARTH BANSAL H BANSAL Date: 2021.08.11 17:20:01 +05'30'

(Siddharth Bansal)

Partner Membership No. 581004 Place: New Delhi Date: 11[th] August, 2021 UDIN: 21518004AAAADZ1994

BRANCHES

Mumbai : Premises Nos.7&8,Ground Floor,Wing-A,Raghavji Building,15/17Raghavji Road,Gowalia Tank,Mumbai-400026,Mob: +91 9999668270 Bhopal: 114, ShreeTower, 2[nd] Floor, Zone-II, Bhopal (MP) Ph : 0755-4076725, 2769224, 2769225, Mob : + 91 9425393729 Dehradun : 1[st] Floor, C-4, Rich Look, NearLICBuilding, Haridwar Road, Dehradun, Uttarakhand, Mob: +91 9811151506

Delton Cables Limited Regd.Office: Delton House 4801 Bharat Ram Road 24 Daryagunj New Delhi -110002 Website :www.deltoncables.com, E-mail: cs@deltoncables.com,CIN: L31300DL1964PLC004255 Statement of Unaudited Financial Results For The Quarter Ended June 30, 2021

		(Rs. in lakhs)	(Rs. in lakhs)	(Rs. in lakhs)	(Rs. in lakhs)
Sr. no.	Particulars	Quarter Ended			Year Ended
		30-Jun-21	31-Mar-21	30-Jun-20	31-Mar-21
		(Unaudited)	(Audited)	(Unaudited)	(Audited)
1 2 3	Income from Operations (a) Revenue from operations (b) Other Income Total income (a) + (b) Expenses (a) Cost of Materials consumed (b) Purchase of stock-in-trade (c) Changes in inventories of finished goods, work-in- progress and stock-in-trade (d) Employee benefits expenses (e) Finance Costs (f) Depreciation and amortization expense (g) Other expenses Total Expenses Profit / (Loss) before tax from continuing operations before exceptional items(1 - 2)	3,041.32 15.21 3,056.53 2,347.12 95.87 (51.71) 307.08 234.44 43.70 268.34 3,244.83 (188.30)			12,316.30 154.11 12,470.41 8,980.01 703.80 (807.51) 1,240.07 827.31 164.61 1,239.21 12,347.49 122.92
			4,172.89 40.42 4,213.31 2,589.70 545.13 (36.17) 323.29 244.80 41.32 425.88 4,133.95 79.37	1,533.99 8.82 1,542.81 1,091.97 33.89 (270.53) 283.73 167.85 38.13 188.08 1,533.12 9.69
4 5 6 7 8 9 10 11.i 11.ii	Exceptional Items - (188.30) Tax expense - Current tax : MAT for the year - - deferred tax (including MAT credit entitlements) (27.42) - Income tax adjustment for earlier years - Total Tax Expenses (27.42) (160.88) Other comprehensive income/ (loss) (Net of tax) (2.39) (i) Items that will not be reclassified to profit and loss ( Remeasurement of defined benefit liability (3.37) 0.98 Total comprehensive income/ (loss) (7 + 8) (163.27) Paid-up equity share capital (Face Value of Rs. 10 per share) 864.00 Earnings Per Share (before extraordinary items) (of Rs. 10/- each) (not annualised): (a) Basic (1.86) (b) Diluted (1.86) Earnings Per Share (after extraordinary items) (of Rs. 10/- each) (not annualised): (a) Basic (1.86) (b) Diluted (1.86) (ii) Income tax relating to items that will not be reclassified to profit and loss Profit / (Loss) before tax from continuing operations after exceptional items (3 - 4) Net Profit / (Loss) for the period from continuing operations after tax (5 - 6)		7.09 86.46 14.95 65.25 (1.51) 78.69 7.76 1.67 2.01 (0.33) 9.43 864.00 0.09 0.09 0.09 0.09	- 9.69 1.69 (4.42) - (2.72) 12.41 (6.62) (9.32) 2.70 5.80 864.00 0.14 0.14 0.14 0.14	7.09 130.01 22.56 46.63 (1.51) 67.68 62.32 (9.32) (13.49) 4.17 53.00 864.00 0.72 0.72 0.72 0.72

Notes:

1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on Aug 11,2021. The Statutory Auditors of the Company have have expressed an unmodified audit opinion on these results.

2 The above results have been prepared in accordance with principle and procedures of indian Accounting Standards(Ind AS) as notified under the companies (Indian Accounting Standards) Rules, 2015 as specified under section 133 of Companies Act, 2013.

3 The Company's business activities do not qualify as a reportable segment in context of Indian Accounting Standard-108 "Operating Segment" under Companies (Indian Accounting standards) Rules,2015.

• 4 The figures have been re-grouped/ rearranged wherever required for the purpose of comparison.

By Order of the Board of Directors

For Delton Cables Limited

SIDDHART Digitally signed by SIDDHARTH BANSAL H BANSAL Date: 2021.08.11 17:23:17 +05'30'

Place: New Delhi Date: Aug 11, 2021

VIVEK Digitally signed by VIVEK GUPTA GUPTA Date: 2021.08.11 16:19:24 +05'30' Vivek Gupta Managing Director DIN: 00035916