Devinsu Trading Ltd. — Interim / Quarterly Report 2021

Aug 12, 2021

DEVINSU TRADING LIMITED

82, Maker Chambers III, Nariman Point, Mumbai 400 021 Tel. No. : 022 -2204 2554 / 2204 7164 Fax. No, :022 -2204 1643 CIN : L51900MH1985PLC036383

12/08/2021

The Secretary, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

Re : Script Code 512445 Subject: Unaudited Financiat Results for the quarter ended 30/06/2021.

Dear Sir,

Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015, the Board of Directors of the Company at their meeting held today i.e. August 12, 2021, we enclose herewith the following:

• 1. Unaudited financial Results for the first quarter ended on June 30, 2021. The Unaudited Financial Results have been reviewed by the Audit Committee and approved by the Board by the Board of Directors at its meeting held today.
• 1. Limited Review Report on the above Unaudited Financial Results duly issued by H.H.Bandukwala & Co.

Extracts of the results as given for publication in the newspaper Free Press Journal and Navshakti is also attached.

The meeting of the Board of Directors commenced at 1.30 pm and concluded at 2.00 pm.

Further to our intimation dated 01.07.2021 regarding closure of 'Trading Window' for dealing in shares of the Company by the designated persons, pursuant to clause 4 of Schedule B of the SEBI (Prohibition of Insider Trading) Regulation, 2015 ("the Regulations"), the 'Trading Window' shall open 48 hours post announcement of financial results for the first quarter ended June 30, 2021.

Thanking You, Yours faithfully, For DEVINSU TRADING LIMITED

ge

Deepa Bhavsar DIRECTOR, Encl: As above.

DEVINSU TRADING LIMITED

DEVINSU TRADING LIMITED
82, Maker Chambers II, Nariman Point, Mumbai 400021 CIN : L51900MH1985PLC036383
Tel. No. : 022 - 2204 2554 / 2204 7164	Fax No. : 022 - 2204 1643
STAEMENT OF UNAUDITED FINANCIAL RESULT FOR THE QUARTER ENDED JUNE 30, 2024 _.	Quarter	Quarter	(Rs. in Lacs except per share data) Quarter Year Ended	_
	Ended (Unaudited)	Ended	Ended 30.06.2621 31.03.2021 30.06.2020 (Audited) (Audited) (Unaudited)	31.03.2021
rt, (ay Net Sates/income from Operations	-	-	-	=
(b) Other Income Total income 2. Expenditure	23.72 23.72	18.34 18.34	18.58 18.58	79.17 79.17
Ja.Increase/decrease in stock in trade and work in progress b. Consumption of raw materials	x -	< -	: :	- -
ic. Purchase of traded goods. d. Employees cost e. Depreciation	- 3.52 -	- 3.28 -	- 2,40	- 13.63
f. Other expenditure Total Experises 3. Profit before Exceptional Items and tax (1-2)	1.01 4.53	2.12 5.40	= 2.44 4.84	~ §:68 19.31
4. Exceptional items 5. Profit (+)/ Loss (-) before tax (3-4)	19.19 : 19.19	12.94 {0.395 12.55	13.74 (0.06) 13.68	59.86 (0.33) 59.53
6, Tax expense 7. Net Profit (+)/ Loss (-) for the period/ year (5-6) 8. Other Comprehensive Income (OCI)	- 19.19	- 12.55	- 13.68	- 59.53
(a) Item that will not be classified to profit & loss i} Equity Instruments through other Comprehensive Income (FVOGI) (ii) inconre tax effect on above	19.04	1.67	54.71	86.80
(b)items that will be reclassified to profit & Loss Total Other Comprehensive Income	14.57 = -	(35.78) - -	- - -	(35.78) - -
9. Tota Comprehensive income (after Tax) (7+8)	33.61 52.80 50.00	(34.11) (21.56) 50.00	54.71 68.39	51.02 110.55
	- 3.84	- 2.51	50.00 * 2.74	50.00 - 11.91
10, Paid-up equity share capital of Face Value ~ 10/- each 11. Other Equity excluding revauation reserve 12, Earnings Per Share (in) (Face Value of * 10/- each) (Basic & Diluted) (*Not Annualised)
INOTE : 1) The above results were reviewed by the Audit Committee, and taken on record by the Board at its meeting held on 12th August, 2021. The Statutory Auditor has carried out Limited Review of the above results in terms of Regulations 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2) Company operates in single business segment and hence, the information pursuant to IND AS-108 is not applicable. 3) The Exceptionat Item includes profit/Loss on sale of Investment.
-	-		For DEVINSU TRADING LIMITED
4) The Figures for the corresponding periods have been restated, wherever necessary, to make them comparable. 5)The Company has evaluated the implications of the COVID 19 pandemic and has determined that there is no significant impact on its financial position and performance. The Company has taken into account the possible impact of COVID-19 in preparation of the unaudited financial results, including assessment of recoverable value of its assets such as Trade receivable, Inventories and Investment etc. and current indicators of future economic conditions. The Company will continue to closely monitor any material changes arising out of future economic conditions and impact on its business. Place : Mumbai : 12.08.2091 Date			cs
			"Director

INOTE :

For DEVINSU TRADING LIMITED cs

DEVINSU TRADING LIMITED

82, Maker Chambers Ill, 215, Nariman Point, Mumbai 400021 Tel. No. : 022 - 2204 2554 / 2204 7164 Fax No, : 022 - 2204 1643

DEVINSU TRADING LIMITED 82, Maker Chambers Ill, 215, Nariman Point, Mumbai 400021
Tel. No. : 022 - 2204 2554 / 2204 7164	Fax No, : 022 - 2204 1643
CIN = L51900MH1985PL.C036383
EXTRACT OF STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDE		D 30th JUNE, 2027.
	Quarter		(Rs. In Lacs } Year Ended Quarter Ended
	Ended 30.06.2021	31.03.2021 (Audited)	30.06.2020 (Unaudited)
'Total Income from Operations	(Unaudited)
fNet Profit / (loss) for the period (before tax, Exceptional and/or Extraordinary items)	o 19.19	oO 59.86	0 13.74
Net Profit / (loss) for the period before tax (after Exceptional and/or Extraordinary items)	49.19	59.53
Net Profit / (loss) for the period after tax (after Exceptional and/or Extraordinary items}	19.19		13.68
Total Comprehensive income for the period [Comprising Profiti(loss} for the period (after		59.53	13.68
tax) and other Comprehensive income (after tax}] Equity Share Capital	52.80 50.00	110.55 50.00	68.39 50,00
Earnirigs Per Share (of Rs. 10/- each) (For coritinuing and discontinued operations)- Basic and Diluted	3.84	11.91	2.74
Other Equity excluding Revaluation Reserve
1) The above is an extract of the detaiied format of Quarterly ended 30.06.2021 Financial Regulation 33 of			Resutts filed with tne Stock Exchange under
the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 The full format of the Quarterly Financial Results is available on the Stock Exchange website: BSE Limited (www.bseindia.com).			read with SEBI circular dated 5th July, 2016,
2) The above were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 12th August, 2021.
	ny,
INOTE:. : Mumbai Place : 12.08.2021 Date
	a / af a" . 2 ei	irector.

Telefax : 2344 6695 » Tel: 23456 607

h. h. bandukwala & co. ___

C.A. Hatim Bandukwala, B. Com. (Hons.) FC.A, ACS. chartered accountants C.A. Nafisa Dalal, 8. Gom., FCA.

2nd Floor, Abhishek Building, 91, Abdul Rehman Street, Mumbai 400 003. E-mail : hhbandukwala@gmail.com

2122014/462/AD

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS

To,

The Board of Directors, Devinsu Trading Limited.

1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of Devinsu Trading Limited ("the Company"), for the Quarter ended June 30, 2020 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.

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 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 principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.

• 1. 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 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.
• 1. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the aforesaid indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For H.H. Bandukwala & Co., Chartered Accountants. irm Registration No. 100965W

NTA.

Partner Hatim Bandukwala Membership No. 016940 UDIN - 210169 Lo AARAcc 7683.

Place : Mumbai Date: 12-88-2021