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LCC Infotech Ltd. — Annual Report 2021
Jul 5, 2021
64172_rns_2021-07-05_0838ad3c-7124-4874-8e61-4da534fe8c7a.pdf
Annual Report
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Date: 30.06.2021
To The manager, Listing Department National Stock Exchange of lndia Limited Exchange Plaza, 5h Floor, Bandra Kurla Complex, Mumbai-4000051 Scrip: LCCINFOTEC
Sub: Outcome of meeting of meeting of board of directors of the company held today i.e.30.06.2021at corporate office of the company and submission of Audited financial result.
Dear Sir,
Pursuant to Regulations 30 and 33 of the SEBI (LODR) Regulations 2015, we enclosed and forward olidated Audited financial reslt of the company for the Qtr. and Year ended on 31.03.2021 which has been approved and taken on record at the board meeting held on 30.06.2021 along with Independent Auditor report and declaration of unmodified opinion on Auditor Report herewith the Standalone a d
The meeting commenced at 2 PM and concluded at 4 PM
Thanking you
For LCC Infotech Limited LCC INPOTECH LTD.
S ea signatorY
Secretarial Officer
cG The Manager Kisting BSE Limited PJ.Towers, Dalal Street, Mumbai-400001 Scrip Code: 532019
Regd. Office : P-16, c.I.T Road, Kolkata - 700014, Phone: 033 4065 5104/05
Corporate Ofice: 2/5A, Sarat Bose Road, SukhsagarEstate Kolkata 700020, Phone : 033 4003 3636/3 7/39 E-mail: [email protected] URL www.lccinfotech.in
LCC INFOTECH LIMITED
CIN L72200WB 1985PLCO73196
Regd. Office P-16 C I.T. ROAD KOLKATA 700014
Email: [email protected], Website: www.lCCINFOTECH.IN
Figures in Lakhs), AUDITED INANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2021
| Quarter ended | Yoar ended | ||||||
|---|---|---|---|---|---|---|---|
| Sl. | Particulars | 31-Mar-21 | 31-Dec-200 | 31-Mar-200 | 31 Mar-21 | 31-Mar 20 | |
| No | (Audited) | (Unaudited) | (Audited) | (Audited) | (Audited) | ||
| Revenue from operations | |||||||
| 0.45 | 1.35 | 55.05 | 1.80 | 425 45 | |||
| a)Gross Sales | 8.92 | 513 | |||||
| b) Other Income | 1 | 1.202.66 | 1.3456.4 | 10.72 | 430 53 | ||
| Total | 2.03 | ||||||
| Expenditure | |||||||
| a) Purchases of Stock-in-tradeb) (Increase) / decrease in stock in trade | 004 | ||||||
| 7.70 | 8.91 | 13.79 | 30.85 | 5A BA | |||
| c)Employee benefits expense | 1.87 | 2.27 | 2.28 | 8.68 | 9.1 | ||
| d) Depreciation and amortisation expense | I.49 | 1.05 | 1.22 | 2.93 | 53 | ||
| e) Finance Cost | 22.75 | 41.22 | 117.7 | 36A 19 | |||
| ) Other ExpensesTotal Expenditure | 92.62103.68 | 34.98 | 58.51 | 160.2: | 433.37 | ||
| 3 Profit before share of profit / (loss) in associates joint | 1.65) | (32.43) | (2.11) | (149.50) | (2.79) | ||
| venture, exceptional items and tax (1-2) | |||||||
| Share of profit/ (loss) in associates/ joint venture | |||||||
| 5 Profit before exceptional items and tax (3+ 4) | |||||||
| 6 Exceptionaltems | |||||||
| 7 | Profit for the period before Tax (5-6) | (101.65) | (32.43) | (2.1 | (149.50 | (2.79) | |
| 8 | - CurrentTax Expense | ||||||
| Deferred Tax | |||||||
| Total Tax Expenses | |||||||
| 9 | Net Profit/(Loss) after tax for the period (7-8) | (101.65) | (32.43) | (2.11) | (149.50) | (2.79) | |
| 10 Other Comprehensive Income | |||||||
| Items that will not be reclassified to profit or loss (Net of Taxes) | |||||||
| Items that will be reclassified to profit or loss (Net of Taxes) | |||||||
| Total other comprehensive income, net of tax | |||||||
| 11 Total comprehensiveincome for the period (9+ 10) | (101.65) | (32.43) | (2.11) | (149.50) | (2.79) | ||
| 12 | Paid-up Equity Share Capital (Face Value Rs.2- per share) | 2,531.87 | 2,531.87 | 2,531.87 | 2,531.87 | 2.531.87 | |
| 13 | Other Equity | ||||||
| 14 | Earnings Per Share (EPS) (not to be annualised) | ||||||
| a) Basic | (0.0803) | (0.0256) | (0.0017) | (0.1181) | (0.0022 | ||
| b) Diluted | (0.0803) | (0.0266) | (0.0017) | (0.1181) | (0.0022) |

LCC INFOTECH LTD.
Director
Note
-
The aforementioned results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 30.06.2021 at Kolkata.
-
The company has not carried on more than one activity and therefore "Ind AS 108-Operating Segment" is not applicable to the Company.
-
Previous periodlyear figures have been regrouped/reclassified to make them comparable with those of current period
-
The financial results of the company has been prepared in accodance with the Indian Accounting Standards (IND AS) as pescribed under Section 133 of the Companies Act 2013 read with rule 3 of the companies (Indian Accounting Standards) Rules 2015 and relevant ammendment thereof.
-
The figures for the 3 months ended 31.03.2021 and corresponding 3 months ended 31.03.2020 are the balancing figures between the audited figures in respect of the full financial year and the year to date figures upto the third quarter of the respective financial years.
-
Due to lockdown, as a consequent to COVID-19 pandemic, operations of the company and its revenue from Institutional/leducation and training Discontinued operations, for the quarter and year ended March 31, 2021, have been impacted. Various initiatives, online and ofline, and action taken by the company has led to a gradual increase in the operation however revenue reported from core operation as nil. The company has considered the possible effects in preparation of the financial results, including its assessment of going concern assumption and on the recoverability of carrying amounts of its assets. The impact of second wave of COVID-19 have affected the operation and revenue of the company however the company has been continue to closely monitor any material changes to future economic condition.
-
Income Tax calculated at the end of the year.
By Order of the Board
Place: Kolkata LCC INFOTECH LTD. Date: 30.06.2021
For LCC Infotech Limited
SidhaDitebtota Director DIN: 00057511
LCC INF0TECH LIMITED REGISTEREDOFFICE P-16, CIT ROAD, KOLKATA 700014 CORPORATE OFFICE 2/5A SARAT BOSE ROAD, KOLKATA 700020 CORPORATE IDENTITY NUMBER: L72200WB1985PLCO73196
Audited Standalone Statement of Assets and Liabilities
| (Rs. in Lacs) | ||||
|---|---|---|---|---|
| Particulars | As at March 31, 2021 | As at March 31, 2020 | ||
| ASSETS | ||||
| Non-current assets | ||||
| a) Property, plant and equipment | 190.74 | 199.4 | ||
| b) Capital work-in-progress | ||||
| c) Investment property | ||||
| d) Other Intangible assets | ||||
| e)Financial assets | ||||
| i) Investments | 1933.17 | 1963.17 | ||
| i) Loansii) Other Financial Assets | ||||
| g) Deferred tax assets (Net) | ||||
| h) Other non-current assets | ||||
| 1892.64 | 1884.70 | |||
| Current assets | 4,016.55 | 4,047.29 | ||
| a) Inventories | ||||
| b) Financial assets | 10.75 | 10.75 | ||
| i) Investment | ||||
| i) Trade receivables | ||||
| ii) Cash and Cash equivalents | 2033.99 | 2095.11 | ||
| iv) Loans | 39.66 | 33.66 | ||
| v) Other Financial Assets | ||||
| c) Current tax asset (Net) | ||||
| d) Other current assets | 113.33 | |||
| 2,197.73 | 96.35 | |||
| 2,235.87 | ||||
| Total Assets | 6,214.28 | 6,283.16 | ||
| EQUITY AND LIABILITIES | ||||
| a) Equity Share capital | ||||
| b) Other equity | 25317 | 2531.87 | ||
| 3221.16 | 3370.66 | |||
| LIABILITIES | 5,753.03 | 5,902.53 | ||
| Non-current liabilities | ||||
| a) Financial liabilities | ||||
| i) Borrowings | ||||
| in) Other Financial Liability | 43.96 | 48.64 | ||
| b) Deferred tax liabilities (Net) | ||||
| c) Other non-current liabilities | ||||
| d) Provisions | ||||
| 43.96 | 48.64 | |||
| Currentliabilities | ||||
| a) Financialliabilities | ||||
| i) Borrowings | 226.35 | |||
| i) Trade payables | ||||
| ii) Other financial liabilities | 80.29 | 80.29 | ||
| b) Other current liabilitiesc) Provisions | 110.65 | 121.96129.74 | ||
| Total Equity and liabilities | 417.29 | 331.99 |
Date: 30.06.2021

LCC INFTECH LTD. Place Kolkata
Director
CA ANIL MALANI & ASSOCIATES Chartered Accountant Malani Niwas
80, S N Chattcrjee Road Kolkata -700 034 (W.B) Fmail anilmalani) yahoo.com Contact: 91 9831420K21
INDEPENDENT AUDITOR'S REPORT
Independent Auditor's Report on Quarterly financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The Board of Directors, M/s. LCC Infotech Limited CIN: L72200WB1985PLC073196 Kolkata- 700014
We have audited the quarterly financial results of M/s. LCC Infotech Limited ("'the Company') for the quarter ended 31st March, 2021 and the financial results for the year ended 31st March, 2021, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Attention is drawn to the fact that figures for the quarter ended 31st March 2021 and the corresponding quarter ended in the previous year as reported in these financial result are balancing figure between audited figures in respect of full financial year and the published year to date figures upto the end of third quarter of relevant financial year. Also, the figures upto the end of third quarter ended for the current year had only been reviled and not subject to audit.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) speciífied under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor's Responsibilties for the Audit of the Standalone Financial result section of our report. We are independent of the Company in accrdance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion
Management's Responsibilities for the Standalone Financial Results
These quaterly financial results as well as the year to date standalone financial results have been prepared on the basis of the interim financial statements' The Company's Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 oterim AN

Financial Reporting' prescribed under Section 133 of the Act read with relevant rules issued Thereunder and other with accounting principles generally accepted in India and in conmpa Hegulation 33 of the Listing 'Regulations. This responsibility also includes maintenance ot adeguate accounting records in accordance with the provisions of the Act for safeguarding of the as5ets or tne Company and for preventing and detecting frauds and other irregularities; selection and applicatio Opropriate accounting policies; making judgments and estimates that are reasonable ana prudent; and design, implementation and maintenance of adequate internal financial controls tat were operating effectively for ensuring the accuracy and completeness of the accounting records, Teevant tO the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing standalone financial resuits, the Board of Directors are responsible for assessing the Companys aDility to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the standalone financialresults whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors'
- Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material unceriaintyexists ASs
KoktA sa
related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern
Evaluate the overall presentation, structure and content of the standalone financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matters
The Standalone Financial Result include the results for the quafter ended on 31't March, 2021 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to third quarter of the current financial year which is subject to limited review by us. Our report on the Statement is not modified in respect of this matter
For ANIL MALANI& ASSOCIATES AN KOLKATAY hartered Accountants FRN-329096E Mala ANIL MALANI (Proprietor)
Place Kolkata Date 30.06.2021 UDIN: 21066279AAAAXE2232
| STANDALONE CASH FLOW STATEMENT FOR THE YEAR ENDED ON 31.03.2021 | |||
|---|---|---|---|
| Cash Flow Statement for the year ended 31st March, 2021 | 2020-21(Rs. In Lakhs) | 2019-20(Rs. In Lakhs) | |
| A: Cash From Operating Activities | (149.5 0) | (2.7 | |
| Net Profit/ (Loss) before TaxAdjustment for: | 8,68 | 9.10 | |
| DepreciationDividend RecelvedBad Debts | 30.00 | 29.00 | |
| Finance CostsOperating Cash Flow before Working Capital Change | 2.93(107.89) | 5.3840.69 | |
| Adjustment for:(Increase)/ Decrease in Trade Recelvables | 61.12 | (130.40) | |
| (Increase)/ Decrease in InventoriesIncrease/ (Decrease) in Trade Payables | (7.94) | 0.0435.52.19 | |
| (Increase)/ Decrease in Loans and Advances(Increase)/ Decrease in Other Current AssetsIncrease/ (Decrease) in Other Current Liablitles | (16.9(19.09) | 40.83 | |
| Cash(used in)/generated from operations | (90.78) | (11.07) | |
| IncomeTax paidNet Cash Flow From Operating activities | (A) | (90.78) | (11.07 |
| B :Cash Flow from Investing Activities | |||
| Purchase of Fixed AssetSale/Disposal of Fixed Assets | (0.84) | ||
| Purchase of InvestmentsSale of Investmentss | 30.00 | 24.0 00 | |
| Investments Written offInvestment in Fixed DepositsDividend Received | (37.29) | (0.17) | |
| Net Cash Flow from Investing Activities | (B) | 8.13) | 23.83 |
| :Cash flow from Financing Activities | 99.71 | (12.7 | |
| Proceeds from / (Repayment of) Borrowings (net)Interest Paid | (C) | (2.93)96.78 | (5.38)(18.15) |
| Net Cash Flow from Financing ActivitiesNet Decrease/Increase in Cash and Cash -Equivalents | (A+B+C) | (2.13) | (5.39) |
| Opening balanceCash and cash equivalentCash and cash equivalent Closing balance | 3.521.39 | 8.93.52 | |
| Note The Cash flow statement has been prepared under the "Indirect Method"set out in Accounting Standard 3 Cash Flow | |||
| Statement' | |||
| Components of cash and cash equivalents as indicated in Note 14 comprises ofCash on hand | 0.21 | .033.49 | |
| Balances with scheduled banks on Current Accounts | 1.181.39 | 3.52 | |
| Kolkain-20Sa2/5Aarat | LCC INFOTECH LTD. | Director |

To, BSE limited.
th 25 Floor, P.J. Towers,
Dalai Street, Fort,
Mumbai 400001
Sub: Declaration pursuant to Regulation 3313)(d) of the Securities Exchange Board of India (listin8 Obligations and Disclosure Requirements) Regulations, 2015 ("listing Regulations")
Ref: Scrip Code 532019
Declaration
I Mrs. Kirti Lakhotia, Managing Director of M/s LCC Infotech limited having its Registered office P-16, C.I.T.Road, Kolkata-700014 West Bengal, hereby declare that the Statutory Auditors of the Company, M/s Anil Malani & Associates have issued an Audit Report with unmodified opinion on the Audited Financial Results of the Company for Quarter/year ended on 31t March, 2021. This Declaration is given in compliance to Regulation 33(3 (d) of the Listing Regulations as amended by the Securities And Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016, vide Circular no. IR/CFD/CMD/56/2016 dated May 27, 2016. Kindly take this on your record.
Thanking you,
Egr LCGJefotech imited: u
Managing Duwelo Kirti Lakhotia Managing Director DIN:00057357
CE: Listing Department, National Stock Exchange of India Limited Exchange Plaza, Sth Floor, Bandra Kurla Complex, Mumbai-4000051 Scrip: LCCINFOTEC
Regd. Office:P-16, C.I.T Road, Kolkata -700014, Phone: 033 4065 5104/05
Corporate Office: 2/5A, Sarat Bose Road, 'Sukhsagar Estate' Kolkata 700020, Phone 033 4003 3636/37/39 E-mail: [email protected] URL www.lccinfotech.in
LCC INFOTECH LIMITED
CIN: L72200WB1985PLCO73196
| Email: [email protected], Website: www.LCCINFOTECH.IN | Regd. Office:P-16 C.I.T. ROAD KOLKATA-700014 | |||||
|---|---|---|---|---|---|---|
| AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31. 2021 | (Figures in Lakhs) | |||||
| Quarter ended | Year ended | |||||
| Sl. | Particulars | 31-Mar-21 | 31-Dec-20 | 31-Mar-20 | 31-Mar-21 | 31-Mar-20 |
| No | (Auditod) | (Unauditad) | (Audited) | (Audited) | (Audited) | |
| Revenue from operations | 425.45 | |||||
| a)Gross Sales | 0.45 | 1.35 | i.05 | 1.80 | ||
| b) Other Income | 1.58 | 1.20 | 1.35 | 8.92 | 5.13 | |
| Total | 2.03 | 2.65 | 66.40 | 10.72 | 430.58 | |
| Expenditure | ||||||
| a) Purchases of Stock-in-trade | 0.04 | |||||
| b) (Increase)/ decrease in stock in trade | 30.85 | 54.6 | ||||
| c) Employee benefits expense | 7.70 | 8.91 | 13.79 | 8.68 | 9 10 | |
| d) Depreciation and amortisation expense | 1.87 | 2.27 | 2.28 | 2.93 | 5.38 | |
| e) Finance Cost | 1.49 | 1.05 | 22 | |||
| OtherExpenses | 92.72 | 22.75 | 8441 | 117.8160.32 | 1433.99 | |
| Total Expenditure | 103.78 | 34.98 | 69.13 | |||
| Profit before share of profit/ (loss) in associates / jointventure, exceptional items and tax (1-2) | (101.75) | (32.43) | (2.73) | (149.60) | (3.41) | |
| Share of profit/ (loss) in associates joint venture | ||||||
| Profit before exceptional items and tax (3+4) | ||||||
| Exceptional Items | ||||||
| Profit for the period before Tax (5-6) | (101.75) | (32.43) | (2.73) | (149.60) | (3.41) | |
| 8 | - CurrentTax ExpenseDeferred Tax | |||||
| Total Tax Expenses | ||||||
| 9 Net Profit/(Loss) aftertax for the period (7-8) | (101.74 | (32.43) | (2.73) | (149.60) | (3.41) | |
| 10 Other Comprehensive IncomeItems that will not be reclassified to profit or loss (Net of Taxes) | ||||||
| Items that will be reclassified to profit or loss (Net of Taxes)Total other comprehensive income, net of tax | ||||||
| 11 | Total comprehensive income for the period (9+ 10) | (101.75) | (32.43) | (2.73) | (149.60) | (3.41) |
| 12 | Paid-up Equity Share Capital (Face Value Rs.21- per share) | 2,531.87 | 2,531.87 | 2,531.87 | 2,531.87 | 2.531.87 |
| 13 | Other Equity | |||||
| Earnings Per Share (EPS) (not to be annualised) | 0804) | (0.0256) | (0.0022) | (0.1182) | (0.0027) | |
| a) Basic | (0.0804) | (0.0256) | (0.0022)] | (0.1182) | (0.0027) | |
| b) Diluted |
Note
-
The aforementioned consolidated results were reviewed by the Audit Commitee and approved by the Board of Directors in their respective meetings held on 30.06.2021 at Kolkata.
-
The company has not carried on more than one activity and therefore "Tnd AS 108- Operating Segment" is not applicable to the Company.
-
Previous period/year figures have been regrouped/reclassified to make them comparable with those of current period. 4) The financial results of the company has been prepared in accordance with the Indian AccOunting Standards (INDD AS) as pescribed under Section 133 of the Companies Act 2013 read with rule 3 of the companies (Indian Accounting Standards) Rules 2015 and relevant ammendment thereof.
-
The figures for the 3 months ended 31.03.2021 and corresponding 3 months ended 31.03.2020 are the balancing figures between the audited figures in respect of the full financial year and the year to date figures upto the third quarter of the respedtive financlal years.
-
Due to lockdown, as a consequent to COVID-19 pandemic, operations of the company and its revenue from Institutional/education and training - Discontinued operations, for the quarter and year ended March 31, 2021, have been impacted. Various initiatives, online and offline, and action taken by the company has led to a gradual increase in the operation however revenue reported from core operation as il. The company has considered the possible effects in preparation of the financial results, including its assessment of going concern assumption and on the recoverability of carrying amounts of its assets. The impact of second wave of COVID-19 have affected the operation and revenue of the company however the company has been continue to closely monitor any material changes to future economic condition. LCC INFOTEGthob{TDnola
-
Income Tax calculated at the end of the year.

LCC INFOTECH LIMITED REGISTERED OFFICE: P.16, CIT ROAD, KOLKATA - 700014 cORPORATE OFFICE: 2/5A SARAT BOSE ROAD, KOLKATA 700020 CORPORATE IDENTITY NUMBER: L72200WB1985PLCO73196
Audited Consolidated Statement of Assots and Liablities
| Particulars | As at March 31, 2021 | As at March 31, 2020 |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| a) Property, plant and equipment | 190.7 | 199.42 |
| b) Capital work-in-progress | ||
| c)Investment property | ||
| d) Other Intangible assets | ||
| e) Financial assets | ||
| i) Investments | 1748.99 | 1778.99 |
| i) Loans | ||
| ii) Other Financial Assets | ||
| g) Deferred tax assets (Net) | ||
| h) Other non-current assets | 2041.52 | 2033.68 |
| 3,981.25 | 4,012.09 | |
| Current assets | ||
| a) Inventories | 10.75 | 10.75 |
| b) Financial assets | ||
| i) Investment | ||
| n) Trade receivables | 2033.99 | 2095.11 |
| ii) Cash and Cash equivalents | 39.66 | 33.66 |
| iv) Loans | ||
| v) Other Financial Assets | ||
| c) Current tax asset (Net) | ||
| d) Other current assets | 113.33 | 96.35 |
| 2,197.73 | 2,235.87 | |
| Total Assets | 6,178.98 | 6,247.96 |
| EQUITY AND LIABILITIES | ||
| a) Equity Share capital | 2531.87 | 2531.87 |
| b) Other equity | 3185.52 | 3335.12 |
| Minority Interest | 20.0 | 0.02 |
| 5,717.41 | 5,867.01 | |
| LIABILITIES | ||
| Non-current liabilities | ||
| a) Financial liabilities | ||
| i) Borrowings | 43.96 | 48.64 |
| i) Other Financial Liability | ||
| b) Deferred tax liabilities (Net) | ||
| c) Other non-current liabilities | ||
| d) Provisions | ||
| 43.96 | 48.64 | |
| Current liabilities | ||
| a) Financial liabilities | ||
| i) Borrowings | 226.64 | 122.25 |
| i) Trade payables | 80.29 | 80.29 |
| ii) Other financial liabilities | ||
| b) Other current liabilities | 110.68 | 129.77 |
| c) Provisions | ||
| 417.61 | 332.31 | |
Place: Kolkata Date: 30.06.21

LCC INFOTECH LTD.
Kolkata-20 Brector

80, S N Chatterjec Road Kolkata - 700 034 (W.B) Fmail -anilmalani yahoo.com Contact: 91 9831420821
Auditor's Report On Quarterly Consolidated Financial Results and Consolidated Year to Date Results of the Company Pursuant to the Regulation 33 of the 5EBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The Board of Directors, M/s. LCC Infotech Limited CIN: L72200WB1985PLCO73196 Kolkata- 700014
We have audited the quarterly consolidated financial results of LCC Infotech Limited for the quarter ended 31/03/2021 and the consolidated year to date results for the period 01/04/2020 to 31/03/2021 attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These consolidated quarterly financial results is our consolidated year to date financial results have been prepared from consolidated interim financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (AS 25 / Ind AS 34), mandated under Section 133 of the Companies Act, 2013 read with relevant rules issued there under or by the Institute of Chartered Accountants of India, as applicable and other accounting principles generally accepted in India.
We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that our plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion
We did not audit the financial statements of subsidiary included in the consolidated quarterly financial results and consolidated year to date results, whose consolidated interim financial statements reflect total assets of Rs. 148.88 lakhs as at 31/03/2021 and 148.88 as at the quarter ended 31/03/2021; as the total revenue of Rs. Nil as at 31/03/2021 and Rs. Nil as at the quarter ended 31/03/2021. These interim

financial statements and other financial information have been audited by other auditors whose report(s) has (have) been furnished to us, and our opinion on the quarterly financial results and the year to date results, to the extent they have been derived from such interim financial statements is based solely on the report of such other auditors.
In our opinion and to the best of our information and according to the explanations given to us these consolidated quarterly financial results as well as the consolidated year to date results:
- ) include the quarterly financial results and year to date of the following entities E-LCC Info.com Ltd.
- (ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and
- give a true and fair view of the consolidated net profit/loss and other financial information for the quarter ended 31/03/2021 as well as the consolidated year to date results for the (ii) period from 01/04/2020 to 31/03/2021

Place: Kolkata Date: 30.06.2021 UDIN: 21066279AAAAXF6013
| Consolidated Cash Flow Statement for the year ended 31st March, 2021 | 2020-21(Rs. in Lakhs) | 2019-20(Rs. in Lakhs) | |
|---|---|---|---|
| A: Cash From Operating Activities | (149.60) | (3.41) | |
| Net Profit / (Loss) before TaxAdjustment forDepreciation | 8.68 | 9.10 | |
| Dividend ReceivedBad Debts | 30.00 | 29.00 | |
| Finance CostsOperating Cash Flow before Working Capital Change | 2.93(107.99) | 5.3840.07 | |
| Adjustment for(Increase)/ Decrease in Trade Receivables | 61.12 | (130.40)0.04 | |
| (Increase) / Decrease in InventoriesIncrease / (Decrease) in Trade Payables | (7.84) | 35.582.81 | |
| (Increase) / Decrease in Loans and Advances(Increase) / Decrease in Other Current AssetsIncrease /(Decrease) in Other Current Liabilities | (16.98)(19.09) | 40.8 | |
| Cash(used in)/generated from operations | (90.78) | (11.07) | |
| Income Tax paidNet Cash Flow From Operating activities | (A) | 90.78) | (11.07) |
| B :Cash Flow from Investing Activities | |||
| Purchase of Fixed AssetSale/Disposal of Fixed Assets | (0.84) | ||
| Purchase of InvestmentsSale of Investmentss | 30.00 | 24.0 | |
| Investments Written offInvestment in Fixed DepositsDividend Received | (37.29) | (0.17) | |
| Net Cash Flow from Investing Activities | (B) | (8.13) | 23.83 |
| C:Cash flow from Financing ActivitiesProceeds from/ (Repayment of) Borrowings (net)Interest Paid | 99.71(2.93) | (12.77)(5.38) | |
| Net Cash Flow from Financing Activities | (C) | 96.78 | (18.15) |
| Net Decrease/Increase in Cash and Cash -EquivalentsCash and cash equivalentOpening balanceClosing balance*Cash and cash equivalent | (A+B+C) | (2.13)3.521.39 | (5.39)8.913.52 |
| Note The Cash fiow statement has been prepared under the "Indirect Method"set out in Accounting Standard 3 'Cash Flow | |||
| StatementComponents of cash and cash equivalents as indicated in Note 14 comprises of: | |||
| Cash on handBalances with scheduled banks on Current Accounts | 0.211.18 | 0.033.49 | |
| 1.39 | 3.52 | ||
| As per our attached report of even dateKolkat-20SA , Sarat | LCC INFOTECH LTD. | Director |

To, BSE limited. th 25 Floor, P.J. Towers, Dalai Street, Fort, Mumbai-400001 Code: 532019
Sub: Declaration pursuant to Regulation 3313)d) of the Securities Exchange Board of India (listing Obligations and Disclosure Requirements) Regulations, 2015 ("listing Regulations")
Ref: Scrip Code 532019
Declaration
IMrs. Kirti Lakhotia, Managing Director of M/s LCC Infotech limited having its Registered office P-16, CI.T.Road, Kolkata-700014 West Bengal, hereby declare that the Statutory Auditors of the Company, M/s Anil Malani & Associates have issued an Consolidated Audit Report with unmodified opinion on the Conslidated Audited Financial Results of the Company for Quarter/year ended on 31" March, 2021. This Declaration is given in compliance to Regulation 33(3)(d) of the Listing Regulations as amended by the Securities And Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulationg, 2016, vide Circular no. IR/CFD/CMD/56/2016 dated May 27, 2016. Kindly take this on your record.
Thanking you,
LEREeptachimitgsns
Managing Duecio Kirti Lakhotia Managing Director DIN:00057357
Co Listing Department, National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Bandra Kurla Complex, Mumbai-4000051 Scrip: LCCINFOTEC
Regd. Office: P-16, C.I.T Road, Kolkata - 700014, Phone: 033 4065 5104/05
Corporate Office 2/54, Sarat Bose Road, 'Sukhsagar Estate' Kolkata -700020, Phone : 033 4003 3636/37/39 E-mail: [email protected] URL www.lccinfotech.in