Lambodhara Textiles Ltd. — Interim / Quarterly Report 2021

Jun 5, 2020

S.\r'.		l)isclosurcs
	lmpacl oftheCoVID- I9	Tl'(4,,'npan)''manutu(ruin!la(ilir:esremained
	pandemiconthebusiness	.hurlrorn2d''M.ll(h 20:0dueloIocLdo\"an,l
		paniallyreopenedw.e.l.l2'h May2020, which
		hasimpacteditsoperationsduringApril2020andMa)2020SomeofrheCompany's
		dorcstic andexponordersarcpcnding andon
		holdaspcrrequiremenrsofbulers.Thercwas
		nodomesticdisparchandexpondurinSApril:0:0anJ\4dy .:020.llose!er.C.'nfar)i.expecledtogelorder and clearthepending
	Abililyto mainlainoperarions	IhcCorrpanyhasrestaned its opcrarionsinboth
	includingthefaclories/ unils	thelactoricsconsideringoftlcrhookanda,!a;lahlc
	/officespacesfuncrioningand	workforce,siDcel2'h May1020 adheringlo lhe
		safet-vnorms prescribedbyCovern.rcntoflndia.
	Slepstakenloensuresmoolhfunctioning ofoperarions	TheCompanyis takingutmostcareofits staffand workforcelikesanirization-social
		dislarcing.mandalory mask wearing.andthermal
		clrcckdlrll(trle.mainrairirgpropcr hlgicnc.Supply chainisbeingmonitorcdtoensure
		availabililvof material.
		Wehavetakencashfloucapilalexpenditureand
		overlrcadcontrolmeasures10smoodllvmanage
	Isiimaiionofthclurureinrpacl	April2020 andMay 2020be;nglockdo,!n monlhs,
	ofCoVID19on operalions	the rev.nucsandprolltability ofthe Companyare
		likely tobe adversely impacted.Asthe Company
		isfullydependentoncustomizedtancyyamand
		rh(l-u\ies\ ,'ruat'oni'rrr)J)namic.rhe5dmeis
		beingmonitoredclosely. Though $'e dohopcthehu:ines!sirual;on shoul.lrormrlize duyi-gi''and4'hquaner.I

	Dctails of impacl of	Dctails of impacl of	CoYID-19	onourentitv:-
6.1	Capital	and	Financial	TheCompany'scapital andBanking faciliriesremainintact.'lheCompanyhasava;led
				moraloriumforthe periodfromMarch2020 to
				Augus12020asfacililatedbytheRBICuidelinestoovercom€l;quiditystress. The
				Companydoesnotforeseeanyliquidity
				llose!er-thecompdn)i,witnes.inBdela)in
				receivablecollectionfrombuyersasbuyersarc
				exlcndingpaymenl terms.
6.2	Profitahilil-!			ln viewoflock down,theprofirability during lsr
				Quarter(Aprilto June) isIikelylobeadverse,y
				impacted.Asthe bus;ncsssituationis very
				dynam;c anddependsondornesticandexport
				orderr.rhe\dmei.beingmorirorcJ clu,el]..
				Thoughwedohope the businesssllualionshould
				normalizc during3'dand 4'hquaner.
6.i	Liquidir-!.Posilion			Asexplained above.thcrcarenoIiquidiry-
				concems.Howevcr.due1l:)ourreceivablc
				gefting delayed.rhe cashpositionrvillbeunder
				slress.Thc company dohopecashposiriorrobe
				normal by ld/4'hquarler.
6.4	Abilitvtoservice debtanrl			The Comparyhasavailed moratoriumlorthe
	otherfinancinsarranpements			periodfromMarch 20201()August 2020as
				facilitatedbytheRBIGuidelines10overcomc
				liquiditystress.TheCompany does notforesee
				an)liq"idir)concerns.Iho,{hthe\ash po\rrron
				ischallenging,wilhourlimilsandtightconrrol
				overexpenditure,thecompanywillbeableto
				serveitsdebr andoiherfinarcingarrangement.
6.5	Inlernalfinancialreporting			TheCompanyhastakencashllowcontroland
	andcontrol			overheadconlrolmeasurestomanagethe
				operaiions, \,eeklyreviewmechanismadopredlo
				reviewlhe account receivables andmcasLrrcs
				laken1oconirolthecapitalexpenditure.
6.6	Derrandfor	products		'lhereistemporaryrcduclionin demaDdduelo
				lockdolyn. $,hich$eexpecttoinlpro!einl'a
				uaner andnormalize by4rhquaaer