ONE POINT ONE SOLUTIONS LIMITED — Interim / Quarterly Report 2021

Jun 22, 2021

Vinod Kumar Jain & Co Chartered Accountants

106, Western Edge-II, A Wing, Off Western Express Highway, Borivali (East), Mumbai - 400 066. • Tel.: 4879 1000 E-mail: info@cavinodjain.com • Web: www.cavinodjain.com

Independent Auditor's Report on the Quarterly and Year to Date Audited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing obligations and Disclosure Requirements) regulations, 2015, as amended

To

$\frac{1}{2}$

The Board of Directors of One Point One Solutions Limited

Independent Auditor's Report on the audit of the Consolidated Financial Results

Opinion

We have audited the accompanying consolidated quarterly financial results of One Point One Solutions Limited ("the company") for the quarter ended March, 2021 and the year to date results for the period from April 01, 2020 to March 31, 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, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us these consolidated financial results:

• i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
• ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter ended March 31, 2021 as well as the year to date results for the period from April 01, 2020 to March 31, 2021.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the consolidated Financial Results section of our report. We are independent of the Company in accordance 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.

Page 1 of 3

Management's Responsibilities for the Consolidated Financial Results

These quarterly financial results as well as the year to date consolidated 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 and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting' prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the consolidated financial results, the Board of Directors are responsible for assessing the Company's ability 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 Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the consolidated 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 consolidated financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

. Identify and assess the risks of material misstatement of the consolidated financial results, 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.

Page 2 of 3

$M=4R$ F. No. 111 513 W

· 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.

. Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.

• 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 uncertainty exists 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 consolidated 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.

For VINOD KUMAR JAIN & CO. Chartered Accountants. FRN 111513W

$422$

Vinod Kumar Jain Proprietor M. No. 36373 UDIN: 21036373AAAAFA3163

PLACE: MUMBAI DATED: 22nd June, 2021

(Formerly One Point One Solutions Pvt. Ltd.)

CIN - L74900MH2008PLC182869

Registered Office: T-762, 6th Floor, Tower No.7, International Infotech Park, Vashi Navi Mumbai 400703 Website: www.1point1.in, E Mail: investors@1point1.in, Contact No.: 022-66873800

Statement of Consolidated Audited Financial Results For Quarter and Year Ended 31st March, 2021

			(Rs. In Lakhs, except per share data)
		Quarter Ended			Year Ended
Particulars	31st March,2021	31st December,2020	31st March,2020	31st March,2021	31st March,2020
	Audited	Unaudited	Audited	Audited	Audited
Continuing Operations
Income
Revenue from Operations (Gross)	3,190.28	3,049.13	2,457.17	10,160.07	12,508.61
Other Income	143.27	59.88	176.01	725.80	202.68
Total Income	3,333.55	3,109.01	2,633.18	10,885.86	12,711.29
Expenses
Employees costs/benefits expenses	2,250.79	1,961.02	2,192.67	7,223.28	7,786.86
Other expenses	709.44	564.94	362.73	2,141.52	1,954.69
Total expenses	2,960.23	2,525.96	2,555.40	9,364.80	9,741.56
Earnings before Interest, Tax, Depreciationand Amortization	373.32	583.05	77.78
				1,521.06	2,969.73
Depreciation & Amortisation Expenses	656.29	707.64
Finance Costs	185.14	253.81	815.38	2,676.57	2,859.80
Profit (loss) before exceptional item	(468.10)	(378.41)	231.58(969.18)	927.15	896.93
Less: Extra Ordinary Item				(2,082.65)	(787.01)
Capital Work In Progress W/o			1,849.77
Profit (Loss) before Tax	(468.10)	(378.41)	(2,818.95)	(2,082.65)	1,849.77
Tax expense					(2,636.77)
(1) Current tax	0.08		(227.12)	0.08	6.62
(2) Deferred tax	(416.29)	(36.34)	(484.10)	(689.23)	(678.63)
Total Tax expense	(416.21)	(36.34)	(711.21)	(689.15)	(672.01)
Profit / (Loss) for the period	(51.89)	(342.07)	(2, 107.73)	(1, 393.50)	(1,964.76)
Other comprehensive income(A) Items that will not to be reclassified to profitor loss in subsequent periods:(a)(i) Re-measurement gains/ (losses) ondefined benefit plans	(0.65)
(ii) Income tax relating to above(b)(i) Net fair value gain/(loss) on investmentsin equity through OCI(B) Items that will be reclassified to profit orloss in subsequent periods:(a)(i) Exchange differences on translation offoreign operationsTotal other comprehensive income ('OCI')	0.18	(0.54)0.15	(16.20)4.51	(4.70)1.31	(25.78)7.17
	(0.47)	(0.39)	(11.69)	(3.39)	(18.61)
Total comprehensive income for the year(comprising profit and OCI for the year)
Paid up equity share capital	(52.36)	(342.46)	(2, 119.42)	(1, 396.89)	(1,983.37)
(Face value of Rs. 10 each, fully paid up)Earnings per share: (in Rs.)	2,507.48	2,507.48	2,507.48	2,507.48	2,507.48
(1) Basic	(0.21)	(1.36)	(8.41)
(2) Diluted	(0.21)	(1.36)	(8.41)	(5.56)(5.56)	(7.84)(7.84)

ONE POINT ONE SOLUTION

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CIN No:L74900MH2008PLC182869

Consolidated Balance Sheet as at March 31, 2021

(All amounts in Indian Rupees in Lakhs, except as otherwise stated)

Particulars		Year Ended (Audited)
	31st March, 2021	31st March, 2020
ASSETS
Non-current assets
(a) Property, plant and equipment	2,505.09	3,294.00
(b) Right to use	7,497.57	7,735.39
(c) Intangible Assets	773.54	1,186.39
(d) Capital Work in progress
(e) Goodwill on consolidation	14.33	14.33
(f) Financial Assets
(i) Investments	0.25
(ii) Other Financial Assets	458.38	427.52
(g) Deferred Tax Assets (Net)	1,270.29	579.76
(h) Other non-current assets
Total Non-current assets	12,519.45	13,237.39
Current assets
(a) Inventories
(b) Financial Assets
(i) Investments
(ii) Trade receivables	2,678.00	2,709.95
(iii) Cash and cash equivalents	52.40	28.41
(iv) Bank balances other than (iii) above	131.00	300.00
(v) Other Financial Assets
(c) Other current assets	1,398.24	741.15
Total Current assets	4,259.64	3,779.51
TOTAL ASSETS	16,779.09	17,016.90
EQUITY AND LIABILITIES
EQUITY
(a) Equity share capital	2,507.48
(b) Other equity	1,832.78	2,507.48
Total Equity	4,340.26	3,229.675,737.15
LIABILITIES
Non-current liabilities
(a) Financial Liabilities
(i) Borrowings(ii) Trade payables	316.41	31.49
(iii) Other financial liabilities
(iv) Lease liability	59.95	53.59
(b) Provisions	8,007.14	8,023.72
(c) Deferred tax Liabilities (Net)	47.44	37.92
(d) Other non-current liabilities
Total Non-current liabilities	20.47	26.61
	8,451.41	8,173.33
Current liabilities
(a) Financial liabilities
(i) Borrowings	1,647.95	1,313.27
(ii) Trade payables	526.46	522.19
(iii) Other current financial liabilities	888.21	890.05
(b) Other current liabilities	902.50	362.22
(c) Provisions	22.30	18.68
Total Current liabilities	3987.42	3106.42
TOTAL EQUITY AND LIABILITIES	16,779.09	17.016.90

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Consolidated Cash Flow Statement for the year ended 31st March, 2021(All amounts in Indian Rupees in Lakhs, except as otherwise stated)

Particulars		Year Ended (Audited)
		31st March, 2021		31st March, 2020
A. Cash flow from operating activitiesNet Profit after tax
Adjustments for:		(2,082.65)		(2,636.77)
Depreciation
Loss (Profit) on sale of Assets / Investments	2,676.57		2,859.80
Tax Expenses			1,849.77
Interest (Income net of expense)	161.13
Employee benefit expenses	(4.70)		694.26
Dividend		2,833.00	(25.78)
Operating profit / (loss) before working capital changes		750.35		5,378.05
Changes in working capital:				2,741.27
Adjustments for Decrease / (increase) in operating assets:
Trade Receivable	31.95		755.17
Other financial Assets
Other Current Assets	(657.08)		(77.67)
Adjustments for increase / (decrease) in operating liabilities:
Trade payables & Provisions	7.88		(312.35)
Other financial liabilities	(919.58)
Other current liabilities	538.44		(272.49)
Other non current liabilities	3.38
Increase (Decrease) in Short Term Borrowingss	334.69	(660.31)		92.66
		90.04		2,833.94
Cash flow from extraordinary items
Cash generated from operations		90.04		2,833.94
Net income tax (paid) / refunds		0.08		617.10
Net cash flow from / (used in) operating activities (A)		89.96		2,216.84
B. Cash flow from investing activitiesPurchase of Fixed Assets (Tangible & Intangible)
CWIP and Capital Advances	(314.42)		(9,786.23)
Proceeds from sale of fixed assets
Purchase of Non current investments	(0.25)
Proceeds of Long Term Loans and Advances	(44.07)		(27.75)
Interest Received
Loss (Profit) on sale of Assets / Investments
Dividend		(358.74)
Net cash flow from / (used in) investing activities (B)		(358.74)		(9,813.98)
C. Cash flow from financing activities				(9,813.98)
Proceeds from issue of equity shares
Premium on Equity shares
Proceeds from long-term borrowings	298.00
Repayment of long-term borrowings	(13.08)		(21.59)
Proceeds from short-term borrowings			434.73
Repayment from long-term Provisions
Repayment of short-term borrowings			8,023.72
Issue of Bonus Shares
Dividend Paid			(11.81)
Interest paid	(161.13)	123.78	(694.26)	7,730.79
Cash flow from extraordinary items		123.78		7,730.79
Net cash flow from / (used in) financing activities (C)
Net increase / (decrease) in Cash and cash		123.78		7,730.79
equivalents (A+B+C)		(144.99)		133.64
Cash and cash equivalents at the beginning of the year
Cash in hand	8.02		6.84
Bank Balance	320.38	328.41	187.93
Cash and cash equivalents at the end of the year		183.40		194.77
Reconciliation of Cash and cash equivalents				328.41
with the Balance Sheet:
Cash and cash equivalents at the end of the year *		183.40		328.41
* Comprises:
(a) Cash on handNESB		2.50		8.02
(b) Balances with banks
(i) Schedule banks current accounts	$\circ$	180.90		320.38
$\sum_{i=1}^{n}$NAV	z	183.40		328.41
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Notes to Consolidated Financial Results:

1. The above Audited Consolidated Financial Results of the company were reviewed by the Audit Committee and approved by the Board of Directors of the Company at the meeting held on 22nd June, 2021.

2. The audited consolidated financial results relate to One Point One Solutions Limited and its subsidiary Silicon Softech India Limited and are prepared by applying Ind AS 110- " Consolidated Financial Statements".

3. The above financial results have been prepared in accordance with the Companies(Indian accounting Standards) Rules, 2015(Ind AS as amended), prescribed u/s 133 of the Companies Act, 2013 read with relevant rules issued thereunder.

4. The group has taken into account the possible impacts of COVID-19 in preparation of the above consolidated financial results, including but not limited to its assessment of liquidity and going concern assumption, recoverable values of its financial and non-financial assets, impact on revenue and on cost budgets in respect of fixed price contracts, impact on leases and impact on effectiveness of its hedging relationships. The Group has considered internal and certain external sources of information including reliable credit reports, economic forecasts and industry reports upto the date of approval of above consolidated financial results and expects to recover the carrying amount of its assets. The impact of COVID-19 on the consolidated financial results may differ from that estimated as at the date of approval of the consolidated financial results.

5. We have recognized income to the extent of Lease Rent waiver amounting to ₹5,78,26,264/- (As per Notification G.S.R 463 (E) dated 24th July, 2020).

6. Figures for previous periods have been regrouped / reclassified wherever considered necessary.

7. The figures for the quarter ended March 31, 2021 and March 31, 2020 are the balancing figures between the audited figures in respect of the full financial year and the unaudited published year to date figures up to the third quarter of the relevant financial year which were subject to limited review by the Statutory Auditor of the Company.

For and on behalf of Board of Directors of One Point One Solutions Limited (Formerly Known as One Point One Solutions Pvt Ltd)

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NE SO MUMR

Akshay Chhabra Chairman & Managing Director $(DIN: 00958197)$

Place: Navi Mumbai Date: 22nd June, 2021

Vinod Kumar Jain & Co Chartered Accountants

106, Western Edge-II, A Wing, Off Western Express Highway, Borivali (East), Mumbai - 400 066. • Tel.: 4879 1000 E-mail: info@cavinodjain.com · Web: www.cavinodiain.com

Independent Auditor's Report on the Quarterly and Year to Date Audited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing obligations and Disclosure Requirements) regulations, 2015, as amended

To

The Board of Directors of One Point One Solutions Limited

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone quarterly financial results of One Point One Solutions Limited ("the company") for the quarter ended March, 2021 and the year to date results for the period from April 01, 2020 to March 31, 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, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us these Standalone financial results:

• are presented in accordance with the requirements of Regulation 33 of the Listing i. Regulations in this regard; and
• give a true and fair view in conformity with the recognition and measurement principles ii. laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter ended March 31, 2021 as well as the year to date results for the period from April 01, 2020 to March 31, 2021.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the standalone Financial Results section of our report. We are independent of the Company in accordance 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.

Page 1 of 3

Management's Responsibilities for the Standalone Financial Results

These quarterly 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 and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting' prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone financial results, the Board of Directors are responsible for assessing the Company's ability 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 skepticism throughout the audit. We also:

. Identify and assess the risks of material misstatement of the standalone financial results, 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.

Page 2 of 3

· 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.

. Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.

• 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 uncertainty exists 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.

For VINOD KUMAR JAIN & CO. Chartered Accountants,

FRN 111513W

Vinod Kumar Jain Proprietor M. No. 36373 UDIN: 21036373AAAAEZ4927

PLACE: MUMBAI DATED: 22nd June, 2021

(Formerly One Point One Solutions Pvt. Ltd.)

CIN - L74900MH2008PLC182869

Registered Office: T-762, 6th Floor, Tower No.7, International Infotech Park, Vashi Navi Mumbai 400703 Website: www.1point1.in, E Mail: investors@1point1.in, Contact No.: 022-66873800

Statement of Standalone Audited Financial Results For Quarter and Year Ended 31st March, 2021

	Quarter Ended			(Rs. In Lakhs, except per share data)Year Ended
Particulars	31st March,2021	31st December,2020	31st March,2020	31st March,2021	31st March,2020
	Audited	Unaudited	Audited	Audited	Audited
Continuing Operations
Income
Revenue from Operations (Gross)	3,190.28	3,049.13	2,457.17	10,160.07	12,508.61
Other Income	143.01	59.61	8.99	725.26	35.66
Total Income	3,333.29	3,108.74	2,466.16	10,885.33	12,544.27
Expenses
Employees costs/benefits expenses	2,248.71	1,960.66	2,179.94	7,198.24	7,733.59
Other expenses	707.90	562.70	336.99	2,132.45	1,920.25
Total expenses	2,956.61	2,523.36	2,516.93	9,330.69	9,653.85
Earnings before Interest, Tax, Depreciation
and Amortization	376.69
		585.38	(50.77)	1,554.64	2,890.42
Depreciation & Amortisation Expenses	655.18	698.10
Finance Costs	185.02		681.55	2,646.92	2,703.86
Profit (loss) before exceptional item	(463.51)	253.69	226.69	926.76	891.57
Less: Extra Ordinary Item		(366.41)	(959.01)	(2,019.04)	(705.01)
Capital Work In Progress W/o
Profit (Loss) before Tax	(463.51)		1,849.77		1,849.77
Tax expense		(366.41)	(2,808.78)	(2,019.04)	(2, 554.77)
(1) Current tax
(2) Deferred tax	(398.41)		(227.13)		(0.72)
Total Tax expense	(398.41)	(36.96)	(473.12)	(673.22)	(655.53)
		(36.96)	(700.25)	(673.22)	(656.25)
Profit / (Loss) for the period	(65.10)	(329.44)	(2, 108.53)
Other comprehensive income				(1, 345.82)	(1,898.53)
(A) Items that will not to be reclassified to profitor loss in subsequent periods:(a)(i) Re-measurement gains/ (losses) ondefined benefit plans(ii) Income tax relating to above(b)(i) Net fair value gain/(loss) on investmentsin equity through OCI(B) Items that will be reclassified to profit orloss in subsequent periods:(a)(i) Exchange differences on translation offoreign operations	(0.65)0.18	(0.54)0.15	(16.20)4.51	(4.70)1.31	(25.78)7.17
Total other comprehensive income ('OCI')
	(0.47)	(0.39)	(11.69)	(3.39)	(18.61)
Total comprehensive income for the year
(comprising profit and OCI for the year)
	(65.57)	(329.83)	(2, 120.21)
Paid up equity share capital				(1, 349.21)	(1, 917.13)
(Face value of Rs. 10 each, fully paid up)Earnings per share: (in Rs.)	2,507.48	2,507.48	2,507.48	2,507.48	2,507.48
$(1)$ Basic	(0.26)	(1.31)	(8.41)	(5.37)
(2) Diluted	(0.26)	(1.31)	(8.41)	(5.37)	(7.57)(7.57)

ONE POINT ONE SOLUTION

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CIN No:L74900MH2008PLC182869

Standalone Balance Sheet as at March 31, 2021

(All amounts in Indian Rupees in Lakhs, except as otherwise stated)

Particulars		Year Ended (Audited)
	31st March, 2021	31st March, 2020
ASSETS
Non-current assets
(a) Property, plant and equipment	2,409.99	3,194.50
(b) Right to use	7,497.57
(c) Intangible Assets	746.08	7,735.39
(d) Capital Work in progress		1,133.67
(e) Investment property
(f) Financial Assets
(i) Investments
(ii) Other Financial Assets	50.00	50.00
	458.27	427.41
(g) Deferred Tax Assets (Net)	1,257.06	582.54
(h) Other non-current assets
Total Non-current assets	12,418.97	13,123.52
Current assets
(a) Inventories
(b) Financial Assets
(i) Investments
(ii) Trade receivables	2,678.00
(iii) Cash and cash equivalents	50.81	2,709.95
(iv) Bank balances other than (iii) above	131.00	18.18
(v) Other Financial Assets		300.00
(c) Other current assets
Total Current assets	1,376.98	723.92
	4,236.78	3,752.05
TOTAL ASSETS	16,655.75	16,875.57
EQUITY AND LIABILITIES
EQUITY
(a) Equity share capital	2,507.48	2,507.48
(b) Other equity	1,532.69	2,881.90
Total Equity	4,040.16	5,389.37
LIABILITIES
Non-current liabilities
(a) Financial Liabilities
(i) Borrowings	316.41	31.49
(ii) Trade payables
(iii) Other financial liabilities	59.95	53.59
(iv) Lease liability	8,007.14	8,023.72
(b) Provisions	47.44	37.92
(c) Deferred tax Liabilities (Net)
(d) Other non-current liabilities	20.47
Total Non-current liabilities	8,451.41	26.61
		8,173.33
Current liabilities
(a) Financial liabilities
(i) Borrowings	1,647.95	1,313.26
(ii) Trade payables	526.46	522.19
(iii) Other current financial liabilities	1,065.62	1,101.03
(b) Other current liabilities	901.85	357.69
(c) Provisions	22.30	18.68
Total Current liabilities	4164.18	3312.86
TOTAL EQUITY AND LIABILITIES	16,655.75	16.875.57

Standalone Cash Flow Statement for the year ended 31st March, 2021

(All amounts in Indian Rupees in Lakhs, except as otherwise stated)

Particulars	Year Ended (Audited)
		31st March, 2021		31st March, 2020
A. Cash flow from operating activities
Net Profit after tax		(2,019.04)		(1,898.53)
Adjustments for:
Depreciation	2,646.92		2,703.86
Loss (Profit) on sale of Assets / Investments			1,849.77
Tax Expenses			(656.25)
Interest (Income net of expense)	161.13		855.91
Employee benefit expenses	(4.70)		(25.78)
Dividend		2,803.35		4,727.51
Operating profit / (loss) before working capital changes		784.32		2,828.98
Changes in working capital:
Adjustments for Decrease / (increase) in operating assets:
Trade Receivable	31.95		347.91
Other financial Assets
Other Current Assets	(653.06)		3.45
Adjustments for increase / (decrease) in operating liabilities:
Trade payables & Provisions	7.88		(90.68)
other financial liabilities	(919.58)
other current liabilities	508.75		(102.25)
other non current liabilities	3.38
Increase (Decrease) in Short Term Borrowingss	334.69	(685.98)		158.42
		98.33		2,987.41
Cash flow from extraordinary items
Cash generated from operations		98.33		2,987.41
Net income tax (paid) / refunds
Net cash flow from / (used in) operating activities (A)		98.33		496.18
B. Cash flow from investing activities				2,491.23
Purchase of Fixed Assets (Tangible & Intangible)	(314.42)
CWIP and Capital Advances			(9,780.41)
Proceeds from sale of fixed assets
Purchase of Non current investments
Proceeds of Long Term Loans and Advances	(44.07)		(27.75)
Interest Received
Loss (Profit) on sale of Assets / Investments
Dividend
Net cash flow from / (used in) investing activities (B)		(358.49)		(9,808.16)
C. Cash flow from financing activities		(358.49)		(9,808.16)
Proceeds from issue of equity shares
Premium on Equity shares
Proceeds from long-term borrowings
Repayment of long-term borrowings	298.00
Proceeds from short-term borrowings	(13.08)		(21.59)
Repayment from long-term Provisions			434.73
Repayment of short-term borrowings
Issue of Bonus Shares			8,023.72
Dividend Paid
Interest paid			(11.81)
	(161.13)	123.78	(855.91)	7,569.13
Cash flow from extraordinary items		123.78		7,569.13
Net cash flow from / (used in) financing activities (C)
Net increase / (decrease) in Cash and cash		123.78		7,569.13
equivalents $(A+B+C)$		(136.38)		252.20
Cash and cash equivalents at the beginning of the year
Cash in hand
Bank Balance	7.07		6.56
Cash and cash equivalents at the end of the year	311.11	318.18	59.43	65.98
Reconciliation of Cash and cash equivalents		181.81		318.18
with the Balance Sheet:
Cash and cash equivalents at the end of the year *
* Comprises:		181.80		318.18
(a) Cash on hand
(b) Balances with banks		2.31		7.07
(i) Schedule banks current accounts		179.50		311.11
		181.81		318.18
o.	MUMBA
لا		Buraton

Notes to Standalone Financial Results:

1. The above Audited Standalone Financial Results of the company were reviewed by the Audit Committee and approved by the Board of Directors of the Company at the meeting held on 22nd June 2021.

2. The above financial results have been prepared in accordance with the Companies(Indian accounting Standards) Rules, 2015(Ind AS as amended), prescribed u/s 133 of the Companies Act, 2013 read with relevant rules issued thereunder.

3. The company has taken into account the possible impacts of COVID-19 in preparation of the above standalone financial results, including but not limited to its assessment of liquidity and going concern assumption, recoverable values of its financial and non-financial assets, impact on revenue and on cost budgets in respect of fixed price contracts, impact on leases and impact on effectiveness of its hedging relationships. The Company has considered internal and certain external sources of information including reliable credit reports, economic forecasts and industry reports up to the date of approval of above standalone financial results and expects to recover the carrying amount of its assets. The impact of COVID-19 on the standalone financial results may differ from that estimated as at the date of approval of the standalone financial results.

4. We have recognized income to the extent of Lease Rent waiver amounting to ₹5,78,26,264 /- (As per Notification G.S.R 463 (E) dated 24th July, 2020).

5. Figures for previous periods have been regrouped / reclassified wherever considered necessary.

6. The figures for the quarter ended March 31, 2021 and March 31, 2020 are the balancing figures between the audited figures in respect of the full financial year and the unaudited published year to date figures up to the third quarter of the relevant financial year which were subject to limited review by the Statutory Auditor of the Company.

For and on behalf of Board of Directors of One Point One Solutions Limited (Formerly Known as One Point One Solutions Pvt Ltd) NE

Place: Navi Mumbai Date: 22nd June, 2021

Akshay Chhabra Chairman & Managing Director $(DIN: 00958197)$