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Jeet Machine Tools Ltd. Interim / Quarterly Report 2024

Feb 14, 2024

64230_rns_2024-02-14_68b8d170-aa72-4cfe-bb00-493e0a88837e.pdf

Interim / Quarterly Report

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Regd. Office: 25, Ambalal Doshi Marg, Hamam Street, Fort, Mumbai – 400023 Tel: 022-22672124 / 022 22675720 02222675822 Email: [email protected], [email protected] / [email protected] CIN: L28900MH1984PLC032859

JEET MACHINE TOOLS LTD

February 14, 2024

BSE Limited

Listing Department, P.J Towers, Dalal Street Fort, Mumbai – 400 001

Scrip Code: 513012

Subject: Intimation of Outcome of the Board Meeting of the Company held on 14[th] February, 2024.

Dear Sir/ Madam,

Pursuant to requirement of Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the Board of Directors of the Company at its meeting held today Wednesday, 14[th] February, 2024 has inter alia approved the Un-Audited Financial results (Standalone) along with Limited Review Report thereon for the quarter and Nine Months ended December 31, 2023,

A copy of standalone unaudited financial results of the Company along with a copy of Limited Review Report, issued by the Statutory Auditors, are enclosed.

The meeting of the Board of Directors commenced at 4.00 p. m. and concluded at 5.00 p.m.

Kindly take the above information on your record and acknowledge.

Yours Faithfully,

For JEET MACHINE TOOLS LIMITED

KAWALJIT Digitally signed by KAWALJIT SINGH SINGH CHAWLA Date: 2024.02.14 CHAWLA 17:07:31 +05'30'

KAWALJIT SINGH CHAWLA DIRECTOR DIN: - 00222203

Registered Office : 25, A JEET MACHINE TOO LS LIMITED
4PLC032859
Fort, Mumbai, Maharashtra 400023.
LS LIMITED
4PLC032859
Fort, Mumbai, Maharashtra 400023.
LS LIMITED
4PLC032859
Fort, Mumbai, Maharashtra 400023.
LS LIMITED
4PLC032859
Fort, Mumbai, Maharashtra 400023.
LS LIMITED
4PLC032859
Fort, Mumbai, Maharashtra 400023.
LS LIMITED
4PLC032859
Fort, Mumbai, Maharashtra 400023.

CIN: L28900MH198
mbalal Doshi Marg,
(₹ in Lakhs)
STANDALONE ST ATEMENT OF AUDITED F INANCIAL RESULTS FOR THE NINE MONTHS ENDED 31st DECEMBER, 2023
Sr. No. Pa rticulars Quarter ended on Nine Months Ended Year ended on
31.12.2023 30.09.2023 31.12.2022 31.12.2023 31.12.2022 31.03.2023
**(Unaudited) ** **(Unaudited) ** **(Unaudited) ** **(Unaudited) ** (Unaudited) (Audited)
1 Revenue from Operations
(a) Other OperatingIncome - - - - -
(b) Other Income 0.18 0.02 0.14 0.20 0.16 0.16
Total Income(a+b) 0.18 0.02 0.14 0.20 0.16 0.16
2 Expenditure
(a) Employees benefits expenses 2.06 1.32 1.64 4.37 3.77 5.66
(b) Finance Costs - - - - - -
(c) Depreciation,Amortization & Depletion Expenses - - - - - -
(d) Other Expenses 1.66 0.84 0.85 2.85 2.11 7.39
Total Expenditure(a to d) 3.72 2.16 2.49 7.22 5.88 13.05
3 Profit / (Loss) before exceptional items and tax(1-2) (3.54) (2.14) (2.35) (7.02) (5.72) (12.89)
4 Exceptional items - - - - - -
5 Profit / (Loss) after exceptional items and tax (3-4) (3.54) (2.14) (2.35) (7.02) (5.72) (12.89)
6 Tax Expense: - - - - - -
(a) CurrentTax - - - - - -
(b) DeferredTax - - - - - (3.08)
(c) Earlieryear Tax Adjustments
7 Profit/ (Loss) for theperiod(5-6) (3.54) (2.14) (2.35) (7.02) (5.72) (9.81)
8 Profit/(Loss) from discontinued operations - - -
9
Tax expenses of discontinuing operations
- - - - - -
10
Net profit (loss) from discontinued operation after tax (8-9)
- - -
11 Profit/ (Loss) for the period (7+10) (3.54) (2.14) (2.35) (7.02) (5.72) (9.81)
8 Other Comprehensive Income
(a) (i) Items that will not be reclassified to profit or loss - - - - - -
(ii) Income tax relating to items that will not be reclassified to profit or loss - - - - - -
(b) (i) Items that will be reclassified to profit or loss 17.98 3.13 23.79 27.36 24.21 15.12
(ii) Income tax relating to items that will be reclassified to profit or l oss - - - - - -
Total other comprehensive income net of taxes 17.98 3.13 23.79 27.36 24.21 15.12
9 Total Comprehensive Income for the period/year (7+8) Comprising Profit (Loss)
and Other comprehensive Income for the period
14.44 0.99 21.44 20.34 18.49 5.31
10 Paid up Equity Share Capital (face value Rs.2 each, fully paid) 196.00 196.00 196.00 196.00 196.00 196.00
11 Other Equity -
A2 Earning per equity share of Rs.10/- each
(1)Basic 0.74 0.05 1.09 1.04 0.94 0.27
(2)Diluted 0.74 0.05 1.09 1.04 0.94 0.27
See accompanying note to the financial results:

Notes :

  • 1 The Statement of financial result has been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder and the recognised accounting practices and policies to the extent applicable.

  • 2 The above statement of financial results has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 14th November 3 The company operates mainly one segment, accordingly there are no separate reportable segment as per Ind AS-108- Operating Segment. 4 Income Tax including deferred tax will be determined and provided for at the end of the financial year. 5 Previous period's figures have been reclassified, wherever necessary, to correspond with those of the current period.

Place: Mumbai. Date: February 14, 2024.

For and On behalf of Board For JEET MACHINE TOOLS LIMITED KAWALJIT Digitally signed by KAWALJIT SINGH CHAWLA SINGH CHAWLA Date: 2024.02.14 17:06:33 +05'30' KAWALJIT SINGH CHAWLA Director DIN: - 00222203

Registered Office: Mumbai Office: Plot No 5, Girdhar Colony, 1501 One Lodha Place Opp. Soni Manipal Hospital, S B Marg, Lower Parel Sikar Road, Jaipur, Mumbai- 400013, India Rajasthan, India Email: [email protected] Website: www.ajngupta.com Contact no 022-46061667

AGRAWAL JAIN & GUPTA Chartered Accountants

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Independent Auditor Review Report on Unaudited Quarterly Standalone Financial Results and Year to Date Results of the company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).

The Board of Director of JEET MACHINE TOOLS LIMITED.

  1. We have reviewed the accompanying statement of Unaudited financial results of JEET MACHINE TOOLS LIMITED (‘the Company’) for the quarter and nine months ended 31[st] December, 2023 and year to date results for the period 1[st] April 2023 to 31[st] December 2023, being submitted by the company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).

  2. 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 37”), prescribed under section 133 of the companies Act, 2013 and other accounting principles generally accepted in India and in Compliance with Regulation 33 of Listing Regulations. Our responsibility is to issue a report on the Statement based on our review.

  3. 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 Accountant of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statement are free from 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.

  4. Based on our review conducted as above, nothing has come to our attention that cause 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 52 of the SEBI (Listing Obligation and Disclosure Requirements), Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

Yours faithfully,

For Agrawal Jain & Gupta

ICAI Registration No.: 013538C UDIN: 24188560BKAHYD9123

Govind Digitally signed by Govind Mishra Date: 2024.02.14 Mishra 17:05:25 +05'30' Govind Mishra Partner: Membership No.: 188560 Date: February 14, 2024.