Makers Laboratories Ltd. — Interim / Quarterly Report 2020

Feb 6, 2020

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Regd. Office: 54-D, Kandivli IndL Estate, Kandivli(West), Mumbai - 400 067. CIN: L24230MH1984PLC033389, website: www.makerslabs.com. e-mail: makers@lnakerslabs.com

THRU ONLINE FILING

February 6, 2020

BSE Limited Phiroze Jeeje,ebhoy Towers Dalal Street Mumbai 400023

Dear Sir,

Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listin~ Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith our Unaudited Financial Results along with limited review report of the Company's Auditors thereon for the 3[rd] Quarter and nine months- ended 31 sl December, 2019, which was taken on record at the Meeting of the Board of Directors of the Company held today at Kandivli, Mumbai.

Kindly note the meeting started at 11.00 a.m. and concluded at 11.30 a.m.

Thanking you

Yours faithfully For Makers Laboratories Limited

~ Company Secretary ACS 21844

Tel No ••. 022- 28688544, Fax No.: 022. 28688544 .

Regal_' PlHOOl

Makers Laboratories Limited

Regd. Office: 54D, Kandivli Industrial Estate, Kandivli (W), Mumbai 400 067 CIN : L2423GMH1984PLC033389

Tel:+91 2228688544 E-mail inveslors@makerslabs.com , Website. www.makerslabs.com STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2019

	Regd. Office: 54D, Kandivli Industrial Estate, Kandivli (W), Mumbai 400 067 CIN : L2423GMH1984PLC033389 Tel:+91 2228688544 E-mail inveslors@makerslabs.com , Website. www.makerslabs.com
	TATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED
Sr. No. I II III IV V VI VII VIII IX X XI XII	Particulars Quarter Ended Nine Mont 31.12.2019 30.09.2019 31.12.2018 31.12.2019 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue from Operations 1,124.70 1,736.49 1,013.48 3,886.08 Other Income . 1.59 6.97 53.60 9.82 Tq~llncome(1 + II) 1,123.11 1,743.46 1,067.08 3,895.90 Expenses:

Notes:

1 The above unaudited financial results. as reviewed by the Audit Committee. were approved and taken on record by the Board of Directors in their meeting held on February 6. 2020.

2 The statutory auditors have carried out a limited review of the financial results and have issued their unmodified report thereon.

3 The financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.

4 With effect from April 01.2019 the Company has adopted Ind AS 116. 'Leases'. in respect of new lease entered during the period. There were no existing arrangements which were covered by Ind AS 116.

5 The Company has only one reportable segment viz. 'Pharn,dceuticals'

6 Figures for the previous period have been regrouped I re-classified to conform to the figures of the current period.

Place: Mumbai, Date : Februa 6,2020

Natvarlal Vepari & Co. CHARTERED ACCOUNTANTS

903-904, 9th Floor, Raheja Chambers, 213, Nariman Point, Mumbai 400 021. Tel.: 6752 7100 Fax: 6752 7101 E-mail: nvc@nvc.in

REVIEW REPORT

To,

The Board of Directors

Makers Laboratories Limited,

Mumbai.

1. We have reviewed the accompanying statement of unaudited financial results of Makers Laboratories Limited ("the Company") for the quarter and nine months ended December 31, 2019 ("the Statement"). This Statement has been prepared by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, as modified by Circular No. CIR / CFD / FAC /62/2016 dated July 5,2016.

2. This Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. This statement 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 the relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement of unaudited financial results based on our review.

3. We conducted our review in accordance with the Standard on Review Engagement (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 misstatements. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provide 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 causes us to believe that the accompanying Statement, prepared in accordance with the aforesaid Indian Accounting Standards as specified under section 133 of the Companies .~~.EP~

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Natvarlal Vepari & Co. CHARTERED ACCOUNTANTS

903-904, 9th Floor, Raheja Chambers, 213, Nariman Point, Mumbai 400 021. Tel.: 6752 7100 Fax: 6752 7101 E-mail: nvc@nvc.in

Act, 2013, read with rule 7 of the Companies (Accounts) Rules, 2014 and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the relevant rules issued thereunder including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Natvarlal Vepari & Co Chartered Accountants Firm Registration No. 106971W

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