Mukand Ltd. — Earnings Release 2023

Feb 14, 2023

February 14, 2023

1	Department of Corporate Services	2	Listing Department
	BSE Ltd.,		National Stock Exchange of India Ltd.
	Phiroze Jeejeebhoy Towers,		Exchange Plaza, Plot no. C/1, G Block,
	Dalal Street, Mumbai – 400 001.		Bandra-Kurla Complex Bandra (E), Mumbai –
	ISINCODE:INE304A01026		400051.
	BSE Scrip Code : 500460		ISINCODE:INE304A01026
			NSE Scrip Name: MUKANDLTD

Dear Sirs,

Sub: Submission of Newspaper Publication of Unaudited Financial Results for Quarter and Nine months ended on December 31, 2022 in terms of the Regulation 47 of SEBI (Listing Obligation And Disclosure Requirement), 2015 ( "Listing Regulations")

In terms of Regulation 47(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith newspaper cuttings for publication of the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2022, in Economics Times (English) and Maharashtra Times (Marathi), Mumbai edition on February 14, 2023.

This is for your information and record.

Yours faithfully, For Mukand Limited

RAJENDRA DATTARAM SAWANT Digitally signed by RAJENDRA DATTARAM SAWANT Date: 2023.02.14 13:45:38 +05'30'

Rajendra Sawant Company Secretary

Encl: As above

1s THE ECONOMIC TIMES | MUMBAI | TURSDAY | 14 FEBRUARY 2028 | WW W.ECONOMICTIMES.COM

EXTRACT OF UNAUDITED STANDALONE FINANCIAL RESULTS -FOR THE QUARTER & NINE MONTHS ENDED DECEMBER 31, 2022

1s THE ECONOMIC TIMES MUMBAI TURSDAY 14 FEBRUARY 2028 WW W.ECONOMICTIMES.COM
EXTRACT OF UNAUDITED STANDALONE FINANCIAL RESULTS
-FOR THE QUARTER & NINE MONTHS ENDED DECEMBER 31, 2022
			Rs. in Crore
		. Quarter Ended Nine months Ended] Quarter Ended
Particulars	31-Dec-22	31-Dec-22	31-Dec-21
	Unaudited	Unaudited ©	Unaudited
			(Restated)*
Total income from operations	1,347.41	4,272.19	1,325.20
Net Profit for the period before Tax	20.13	60.66	38.10
Tax Expense (Charge) / Credit	(3.49)	(9.52)	(3.82) f
Profit for the period/year after Tax	16.64	51.14	34.28
Other Comprehensive Income (net of tax)	0.208).	1.25	(0.52)
Total Comprehensive Income	16.84	52.39	33.76
Paid-up equity share capital - Face value Rs.10/- per Share Reserves (excluding Revaluation Reserves) as shown in the	144.51	144.51	144.51
Audited Balance Sheet of the previous year
Earnings per Share of Rs.10/- each Basic & Diluted (for continued
and discontinued operations) (not annualised for the quarters)
Basic and Diluted EPS (in Rs.)	1.15	_ 3.54	2.37
EXTRACT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS			Rs. in Crore
FOR THE QUARTER & NINE wenn ENDED DECEMBER 31, 2022
Particulars	31-Dec-22	Quarter Ended Nine months Ended] Quarter Ended 31-Dec-22	31-Dec-21
	Unaudited	Unaudited	Unaudited
			(Restated)*
	1,330.47	4,255.25
	45.77	49.44
	2.98 :	(3.05)
	18.75	46.39
	0.20	1.29	1,325.20 34.16 (4.16) 30.00 (0.50)
Total income from operations Net Profit for the period before Tax Tax Expense (Charge) / Credit Profit for the period/year after tax Other Comprehensive Income (net) Total Comprehensive Income	18.95	47,68
Equity Share Capital - Face Value Rs. 10/- per Share Reserves (excluding Revaluation Reserves) as shown in the	144.51	144.51	29.50 144.51

EXTRACT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER & NINE wenn ENDED DECEMBER 31, 2022

		Quarter Ended Nine months Ended] Quarter Ended
Particulars	31-Dec-22	31-Dec-22	31-Dec-21
	Unaudited	Unaudited	Unaudited
			(Restated)*
Total income from operations	1,330.47	4,255.25	1,325.20
Net Profit for the period before Tax	45.77	49.44	34.16
Tax Expense (Charge) / Credit	2.98 :	(3.05)	(4.16)
Profit for the period/year after tax	18.75	46.39	30.00
Other Comprehensive Income (net)	0.20	1.29	(0.50)
Total Comprehensive Income	18.95	47,68	29.50
Equity Share Capital - Face Value Rs. 10/- per Share	144.51	144.51	144.51
Reserves (excluding Revaluation Reserves) as shown in the Audited Balance Sheet of the previous year
Basic'and Diluted earnings per share (inRs.) _,	eO, So	3.24	2.08 ee een ee eee
Realtors Private Limited, a wholly owned subsidiary of Mukand Global Finance Limited (MGFL) with the parent company MGFL, followed by the amalgamation of MGFL and Mukand Engineers Limited (MEL), an Associate with the Company has been approved by NCLT on April 29, 2022 and a certified copy of the order has been filed with the Registrar of Companies, Mumbai, Maharashtra, on May 31, 2022. The Scheme is made effective from the appointed date April 01, 2019. Though the appointed date of MGFL for amalgamation as per the NCLT approved Scheme is April 01, 2019, as per the requirements of Appendix C to Ind AS 103 "Business Combination', the combination has been accounted for as if it had occurred from the beginning of the preceding period in the financial statements. Accordingly, the amounts relating to the year 2021-2022 includes the impact of the business combination and the corresponding amounts for the corresponding quarter /
nine months period and financial year presented have been restated after recognising the effect of the amalgamation as above.
As regards amalgamation of MEL, an associate, amalgamated from appointed date April 01, 2019 being acquisition date in terms of the NCLT approved Scheme, as per accounting treatment as approved by NCLT, the Company has partially adjusted the difference arising between the consideration paid and aggregate of fair value of net assets taken over as on the appointed date against balance of the Securities Premium arising pursuant to the Scheme, in the books of Company. Further Earning per Share presented in the above results for the corresponding quarter / nine months period and financial year presented is restated on account of increased capital of the Company. The figures in respect of previous year's quarter are stated as computed and restated by the Management and have not been
subjected to a Limited Review by Statutory Auditors. The effect of both the amalgamation on the amounts of Revenue and Profit after tax published in previous periods are as. }) shown below:
			Rs. in Crore
Particulars		Quarter Ended Nine months Ended	Year Ended
Revenue from operations:	31-Dec-2024	31-Dec-2024	34-Mar-2022

	18.95	47,68	29.50
Equity Share Capital - Face Value Rs. 10/- per Share	144.51	144.51	144.51
Reserves (excluding Revaluation Reserves) as shown in the Audited Balance Sheet of the previous year
Basic'and Diluted earnings per share (inRs.) _,	eO, So	3.24	2.08
NEP "Refer Note 2 for Restatement on account of amalgamation 4. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 13, 2023. The Auditors have carried outa Limited Review of these Results. 2. Petitions filed with National Company Law Tribunal (NCLT) for Scheme of amalgamation' between Adore Traders and Realtors Private Limited, a wholly owned subsidiary of Mukand Global Finance Limited (MGFL) with the parent company MGFL, followed by the amalgamation of MGFL and Mukand Engineers Limited (MEL), an Associate with the Company has been approved by NCLT on April 29, 2022 and a certified copy of the order has been filed with the Registrar of Companies, Mumbai, Maharashtra, on May 31, 2022. The Scheme is made effective from the appointed date April 01, 2019. Though the appointed date of MGFL for amalgamation as per the NCLT approved Scheme is April 01, 2019, as per the requirements of Appendix C to Ind AS 103 "Business Combination', the combination has been accounted for as if it had occurred from the beginning of the preceding period in the financial statements. Accordingly, the amounts relating to the year 2021-2022 includes the impact of the business combination and the corresponding amounts for the corresponding quarter / nine months period and financial year presented have been restated after recognising the effect of the amalgamation as above. As regards amalgamation of MEL, an associate, amalgamated from appointed date April 01, 2019 being acquisition date in terms of the NCLT approved Scheme, as per accounting treatment as approved by NCLT, the Company has partially adjusted the difference arising between the consideration paid and aggregate of fair value of net assets taken over as on the appointed date against balance of the Securities Premium arising pursuant to the Scheme, in the books of Company. Further Earning per Share presented in the above results for the corresponding quarter / nine months period and financial year presented is restated on account of increased capital of the Company. The figures in respect of previous year's quarter are stated as computed and restated by the Management and have not been subjected to a Limited Review by Statutory Auditors.			ee een ee eee
The effect of both the amalgamation on the amounts of Revenue and Profit after tax published in previous periods are as. }) shown below:			Rs. in Crore
Particulars	31-Dec-2024	Quarter Ended Nine months Ended 31-Dec-2024	Year Ended 34-Mar-2022
Revenue from operations:
: As published in previous periods	1323.74	3308.27	4636.66
As restated for the effect of amalgamation	1325.20	3314.44	4642.97
Profit after tax:	:
As published in previous periods As restated for the effect of amalgamation	35.06 é 30.00	129.79 : 422.51	177.42 176.31
3. The above is an extract of the detailed format of Quarterly/Nine months Financial Results filed with Stock Exchange under Regulation 33 of SEBI (Listing and Other Disclosure Requirements) Regulations, 2015, The full format of the unaudited Results for the quarter/nine months ended 31" December 2022 is available on the Stock Exchange websites (www.nseindia.com and www.bseindia.com) and on the Company's website (www.mukand.com), 4. Figures in respect of the previous period have been regrouped / recast wherever necessary in case of above results.
	a	By Order of the Board of Directors	For Mukand Ltd.,
Place : Mumbai : Date : February 13, 2023			Niraj Bajaj Chairman & Managing Director

wien

MUKAND LIMITED

Behind our remarkable ITAN III SEORIC

are our people

रू कोतीत

३१ डिसेंबर, २०२२ रोजी संपलेल्या तिमाही आणि नऊ महिन्यांसाठी अलेखापरीक्षित अलिप्त वित्तीय निष्कर्षांचा उतारा

	संपलेली तिमाही	संपलेले नऊ महिने	संपलेली तिमाही
	३१ डिसें. २२	३१ डिसें. २२	३१ डिसें. २१
तपशील	अलेखापरीक्षित	अलेखापरीक्षित	अलेखापरीक्षित
			(पुनर्रचित)*
प्रतर्वनातून एकूण उत्पन्न	9,380.89	8,202.99	9,324.20
कालावधीसाठी कर पूर्व निव्वळ नफा	20.93	53.03	36.90
कर खर्च (भार)/जमा	(3.89)	(9.42)	(3.22)
कालावधी/वर्षासाठी करोत्तर नफा	95.58	49.98	38.26
इतर सर्वसमावेशक उत्पन्न (कराच्या निव्वळ)	0.30	9.24	(0.43)
एकूण सर्वसमावेशक उत्पन्न	95.68	42.38	33.05
भरणा झालेले समभाग भांडवल-दर्शनी मूल्य रु. १०/- प्रती समभाग	988.49	988.49	988.49
मागील वर्षाच्या लेखापरिक्षित ताळेबंदात दाखवल्याप्रमाणे राखीव (पुनर्मूल्यांकित राखीव वगळून)
प्रत्येकी रु. १०/– ची प्रती समभाग प्राप्ती, मूलभूत आणि सौन्यिकृत (अखंडित आणि खंडित कामकाजासाठी) (तिमाहीसाठी अवार्षिक)
मूलभूत आणि सौम्यिकृत (रु.)	9.94	3.48	2.30

३१ डिसेंबर, २०२२ रोजी संपलेल्या तिमाही आणि नऊ महिन्यांसाठी अलेखापरीक्षित एकत्रित वित्तीय निष्कर्षांचा उतारा

		रू. काटात
संपलेली तिमाही	संपलेले नऊ महिने	संपलेली तिमाही
३१ डिसें. २२	३१ डिसें. २२	39 डिसें. २१ अलेखापरीक्षित
अलेखापरीक्षित	अलेखापरीक्षित
		(पुनर्रचित)*
9,330.80	8, 244. 24	9,324.20
94.00	88.88	38.95
2.8c	(3.04)	(8.95)
96.94	86.38	30.00
0,20	9.38	(0.40)
96.94	80.66	28.40
988.49	988.49	988.49
9.30	3.29	2.06

*एकत्रिकरणावरील पुनर्रचनेसाठी टीप २ बघा

टिपा:

è

टिपा :
१. १३ फेब्रुवारी, २०२३ रोजी झालेल्या त्याच्या बैठकीत वरील निष्कर्षाना लेखापरीक्षण समितीने पुनर्विलोकित केले आणि संचालक मंडळाने
मजुरी दिली. लेखापरिक्षकांनी ह्या निष्कर्षाचे मर्यादित पुनर्विलोकन केले आहे.
२. अडोर ट पुनर्रचित केल्या आहेत.

पुनराचत कल्या आहेत.
एनसीएलटी ने मंजुर केलेल्या योजनेच्या बाबतीत संपादन तारीख असलेल्या निर्धारित तारीख १ एप्रिल, २०१९ पासून एमईएल एक सहयोगी चे
एकत्रिकरण झाले, एनसीएलटीने मंजुर केलेल्या लेखा पद्धतीप्रमाणे, कंपनीने कंपनीच्या

.
मागील वर्षाच्या तिमाहीच्या संबंधातील आकडेवारी व्यवस्थापनाने गणन आणि कथन केल्याप्रमाणे असून वैधानिक लेखापरीक्षकांनी मर्यादित
पुनर्विलोकन करण्याच्या अधीन होत्या.

पुनर्विलोकन करण्याच्या अधीन हॉल्या.
मागील कालावधीत प्रकाशित केलेल्या महसुल आणि करोत्तर नफा च्या रकमांवर दोन्हीं एकत्रिकरणाचा परिणाम खाली दर्शविला आहे.

MININE	३१ डिसें. २१	39 डिसें. २१	३१ मार्च, २२
। प्रतर्वनातून महसुल:
मागील कालावधीत प्रकाशित केल्याप्रमाणे	9323.09	330C.70	85.358
एकत्रिकरणाच्या प्रभावासाठी पुनर्रचित केल्याप्रमाणे	9324.20	3398.88	8883.80
करोत्तर नफा:
मागील कालावधीत प्रकाशित केल्याप्रमाणे	34.08	928.08	900.82
एकत्रिकरणाच्या प्रभावासाठी पुनर्रचित केल्याप्रमाणे	30,00	922.49	908.39

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संचालक मंडळाच्या आदेशाने

भुकंद लि. साठी

ठिकाण : मुंबई दिनांक: १३ फेब्रुवारी, २०२३

निरज बजाज अध्यक्ष आणि व्यवस्थापकीय संचालक

MUKAND $\mathbf{W}$

मुकद लिमिटेड

नोंद. कार्यालय: बजाज भवन, जमनालाल बजाज मार्ग, २२६, नरिमन पॉईंट, मुंबई–४०००२१.
दूरध्वनी क्र.: ०२२–६१२१ ६६६६, ई–मेल आयडी: investors@mukand.com
———————————————————————————————————— वेबसाईट: www.mukand.com, सीआयएन: एल९९९९एमएच१९३७पीएलसी००२७०२

$\mathbb{R}^3$