Pansari Developers Limited — Interim / Quarterly Report 2023

Nov 21, 2022

For a better tomorrow

www.pu rtireolty.com PURTI R.EALTY

Date: Zl't November 2022

To

The National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, C Block Bandra-Kurla Complex Bandra (E) Murnbai - 400 051

Dear Sir/ Madam,

Scrip Code: PANSARI

Sub: Outcome of Board Meetins and Submission of Un-Audited Financial Results for the second quarter and halfvear ended 30th September 2022

This is to inform you that the Board of Directors in their meeting held today i.e. Monday the 21't day of November, 2022, have approved the Un-Audited Financial Results of the Company for the second quarter and half year ended 30'h September 2022.

Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, we are enclosing herewith the Limited Review Report. The Meeting commenced at 2.00PM.

This is for your information and records.

Thanking You,

Yours Sincerely,

For Pansari Developers Limited

JAYA SINGH

Digitally signed by JAYA SINGH Date: 2022.11.21 17:40:49 +05'30'

Jaya Singh Company Secretary Mem. No.: A60035

Encl: As above

Pansari Developers Ltd.

Registered Office: 14, N" S. Rood,4th Floor, Kolkoto - 700 001

(033) 4005 0s00 info@pu rtireo lty.com GSTI N. 19AABCP68O9N 1ZV CIN No. 172200W81996PLCO79438 GARV &Associates Chatrte red Accountants

8, Camac Street, Shantiniketan Building, 4th Floor, Unit. 403, Kolkata - 700 017 + 91 33 40404743,40404744 info@garvca.com

Independent Auditor's Review Report on unaudited Ind AS Standalone Quarterly and Half yearly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20lSras amended

Review Report to

'I he Board of Directors Pansari llevelopers Limited

• I. We have revier,ved the accompanying Statement of Unaudited Ind AS Standalone Financial Results of Pansari Developers Limited fbr the quarter ended September 30, 2022, and year to date fi'om April 1,,2022 to September 30,2A22 ("the Statement").'fhe statement has been prepared by the Company pursuant to the requirements of Regulation 33 of the SEBI (l,isting Obligations aud Disclosure Requirements) Regulations, 2015, as amended ("l.isting Regulations").
• 1. 't'his Statement. which is Responsibility of the company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 'olnterim Financial Reporting"("Ind AS -34") Prescribed Under Section 133of the Companies Ac1,2013 as amended read with Relevant rules issued thereunder and other accounting Principles generally accepted in India. Our responsibility is to express a conclusion on the statement based on our review.
• 1. We conducted our review in accordance with the Standard on Review Engagement (SRE) 241A, "Review of Interim Financial Infurmation Performed by the Independent Auditor of the Entity" issued by The Institute of Chartered Accountants of India. This standard requires that we plan and perfbrm the review to obtain moderate assurance as to whether the financial staternents are fiee of material misstatement. A review is limited primarily to inquiries of comparly personnel and analytical procedures applied to financial data and thus provide less assuranoe than an audit. We have not perfbrmed an auclit and accordingly, u,e do not express an audit opinion.

Network : G A R V & Affiliates Website : www.garvca.com H.O. : 19, R. N. Mukherjee Road ,Eastern Building, 1st Floor, Kolkata - 700 001

4. Ilasis for Qualified Conclusion

We draw attention-

a) Regarding ascertainment of actuarial gain & loss on post-employment benefit expenses during the quarler ended September 30, 2022 and the yeff to date frorn April 1,2022to September 30, 2A22 has not been considered by the management, which in our view is not in accordance with the Indian Accounting Standard (Ind AS) 19, "Employee Benefits" as prescribed under Section 133 of the Companies Act, 2013.

We are unable to comment on the consequential impact that may arise in this regard in these financial results.

Our opinion is qualified in respect of the above matter.

Qualitied Conclusion

5. Based on our review conducted as above, except for the possible effects of our observation in paragraph a@) above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared 'in accordance with the recognition and measurement Principals laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under section 133 of the Companies Act,2013 as amended, read with relevant Rules issued thereunder and other recognized accounting practices and Policies, has not disclosed the infonnation required to be disclosed in terms of the Listing Regulations including the manner in which it is to be disclosed, or that it contains any material rnisstatement.

6. Other Matter

The financial Statements of the Company for the corresponding quarter ended June 30,2022 and quarter/ six months ended September 30, 2021 were reviewed and year ended March 3 1, 2022 was audited by the predecessor auditoq who expressed unmodified opinion vide their reports dated August 13th, z}Z},November 13th, 2021and May 30th, 2022 respectively.

Our conclusion is not modified in respect of these matters

FoTGARV&ASSOCIATES Chartered Accountants Firm Regi stration No. 3010948

&' .{ fr

cot

A.J";e e"*"e' (ASHISH RUSTAGI) * rou(A?a U\tN :- 22o6 L1*,)-tsDqN E-h{6 oq\

Date: 21tt November, 2022 Partner Place: Kolkata Membership No.: 062982

PANSARI DEVELOPERS LIMITED

Corporate I dentity Nu mber : L7 2200W8199 6PLC07 9 438

Statement of unaudited Financial Results for the Quarter ended 30th September,2O22

							(Rs in Lakh)
	Particulars	Standalone
			QUARTER ENDED		Half Year Ended		Year Ended
Sl. No.		30th September2022	30th June2022	30th September2021,	30th September2022	30th September2021.	3lst March2022
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1	Income from Operations
	(a) Revenue from Operations	u5.92	452.1,7	1,228.41	998.09	1,500.32	3,714.89
	(b) Other lncome	3.76	7.32	53.00	11.08	700.76	87.46
	Total Income	549.68	459.49	1.,281.4'1.	1,009.16	1,601.08	3,796.35
2	Expenditure
	(a) Cost of sales	390.87	265.08	949.09	655.9s	1,112.05	2,778.93
	(b) Employee Benefits Expenses	27.33	16.83	24.54	M.^t6	31.55	67.66
	(c) Finance Cost	7.07	9.31	12.46	16.38	47.65	60.67
	(d) Depreciation and Amortisation Expenses	46.20	41.93	28.15	88.13	56.31	182.30
	(e) Other Expenses	7.8^l	7"t.43	50.01	79.24	69.09	241.58
J	Total Expenses	479.28	404.58	1.,064.25	883.86	1,316.65	3,331.13
4	Profit before Exceptional Items	70.40	54.91	217.1.5	125.31	284.43	465.22
5	Add: Exceptional Item
6	Profit before Tax	70.40	54.97	2'17.'15	r.25.31	284.43	465.22
	Less: Tax Expense
	(a) Current Tax	11.70	9.10	28.41	20.80	32.09	69.87
	(b) Mat Credit Entitlement	3.80	1.M	71.99	5.23	8.31	30.69
	(c) Deferred Tax	4.?5	(2.4e)	0.s5	1,.75	1.30	0.48
	(d) Income tax for Earlier year	2.56			2.s6
7	Total Tax	22.30	8.04	40.95	30.34	4170	101.04
8	Net Profit	48.10	46.86	176.21	94.96	242.73	364.18
	Other Comprehensive income (After tax)
	(a) Items that cannot be Reclassified to P&L A/c
	Fair Value through OCI of Equity Investment	(0.se)	3.37	2.31	2.78	5.55	tr5.90
	b) Income tax relating to above items	(1.10)	0.37		(0.72)		(60.19)
9	Total Other comprehensive income (a+b)	(1.69)	3.74	2.31	2.0s	5.b5	485.7"1
10	Total comprehensive income for the period (8+9)	46.47	50.61	178.52	97.02	248.38	849.88
	Paid Up Share Capital (Face Value Rs 10 each)	't,744.68	1,7M.68	1,7M.68	1744.68	1744.68	1,744.68
	Earning per share (Face Value Rs 10 each)
	(a) Basic	0.28			0.54	1.39	2.09
	(b) Diluted	0.28	0.270.27	1.011.01	0.54	1.39	2.09

Notes:

(a) The Financial Results of the Company for the Quarter ended 30th September, 2022have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 21st November,2022.The Statutory Auditors of the Company have carried out Audit of these results and the results are being published in accordance with Iiegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

G) The financial results of the company have been prepared in accordance with Indian Accounting Standard (lND AS) notified under the companies (lndian Accor:nting Standard) Rules 2015 as ammended by the companies (Indian Accounting Standard) (Ammendement) Rules 2016. The company adopted IND AS from 0.1.04.2021 and accordingly these Financial Restrlts (lncuding for all the periods periods presented in accordance with IND AS 101 first time adoption of Accouting Standards) have been prepared.

(c) The company does not have any extraordinary or exceptional items to report for the above period

(d) The Company does not have more than one reportable segment.

(e) Comparative figures have been rearranged / regrouped wherever necessary.

(f) The IND AS compliant corresponding figures in the previous years have not been subjected to review/audit however the company's management has exercised necessary due deligence to insure that such financial results provide true and fair view of its affairs

(g) The figures for the quarter ended 30th September,2022 are the balancing figure between the Unaudited figures in respect of half year ended 30th September,2022 and Published Figure upto the end of the first quater ended 30th June2022

(h) Figures of the Previous Periods have been re-arranged/regrouped where necessary to make them comparable.

Place: Kolkata Date: The 21st of November,2022

KOLK4 A (." cr. s t': o (h A

S LIMIT Mahesh (DIN No. Director I

PANSARI DEVELOPERS LIMITED Co rp o ra t e I d e nti ty N u m b e r : L7 2200W 8199 6P LC07 9 438

Statement of Unaudited Standalone Assets and Liabilities

(Rs in Lakh) Standalone As on 30th September 2022 AS on 31st March 2022 Particulars (UnAudited) (Audited) 878.23 1,5.70 479.00 221,.64 4,253.83 3,245.70 879.24 1,5.70 486.71, 277.1,4 4,224.82 3,249.25 9,094.09 9,072.85 447.83 34.46 28.69 2,508.88 30.82 8,904.75 225.60 78.02 28.69 1,,757.64 8,61,6.06 ASSETS Non-Current Assets (a)Property, Plants & Equipments (b) Investment Property (c)Financial Assets (i)Investments (ii) Loans (d) Deferred Tax Asset (Net) (e) Other Non-Current Assets Current Assets (a) Inventories (b) Financial Assets (i) Trade Receivables (ii)Cash and Cash Equivalents (iii)Others (c) Other Current Assets (d) Current Tax Assets (Net) 11,949.43 '10,706.01 21.,043.52 19,778.86 (D (I I) I otal Assets 1,744.68 1.0,287.51. 1,744.68 10,190.50 "t2,032.19 11,935.18 200.00 281,.56 13.53 1,,257.74 254.15 13.63 1,200.00 7,752.33 1,477.77 786.26 4,170.25 7.65 2,960.84 87.70 2,564.65 1.6s 19.29 3,592.62 Current Liabilities (a) Financial Liabilities (i) Borrowings (ii) Trade Payables (A) Total outstanding dues of micro, small and medium enterprises (B) Total outstanding dues of creditors other than micro and medium enterprises (b) Other Current Liabilities (c) Provisions (d) Current Tax Liabilities (Net) EQUITY AND LIABILITIES EQUITY (a) Equity Share Capital (b) Other Equity LIABILITIES (i) Non-Current Liabilities (a) Financial Liabilities (i) Borrowings (ii) Other (b)Provisions (c)Other Non Current Liabilities 7,258.99 6,365.9'1, TOTAL LIABILITIES 9,011.33 7,843.68 21,043.52 -1.9,778.86 (il) (rr r) (r) TOTAL - EQUITY AND LIABILITIES

Date: The 21st of November, 2022

Diroctor P SAHI DEV OPERS LIMIT Di For & On Behalf Of the Board (Din No:00480731)

	Standalone	(Rs in Lakhs)
Particulars	Year Ended
	30.09.2022	31.03.2022
Cash Flow From Operating Activities
Profit before tax from continuing operations	125.31	465.22
Profit Before Tax	125.31	465.22
Adjustment for Non cash & Non operating item
Depreciation	88.13	182.30
Interest & Finance Charges	16.38	264.71
Profit from sale of Land	0.04	(2.78)
Profit from sale of Shares	(0.31)	(0.16)
Profit from sale of Fixed Assets		0.08
Interest Received	(2.37)	(26.84)
Dividend Received	(0.05)	(0.46)
Operating Profit before changes in working capital	227.11	882.07
Movements in working capital:
Increase/(Decrease) in Trade Payables	98.55	(27.35)
Increase/(Decrease) in Other Current Liabilities	1,545.61	(770.97)
Increase/(Decrease) in Provision (Current)		1.65
Increase/(Decrease) in Provision (Non Current)		0.74
Increase/(Decrease) in other Liabilities (Non Current)	57.14	(486.00)
Increase/(Decrease) in Other Financial Liabilities (Non Current)	17.42	(8.98)
Increase/(Decrease) in Current Liabilities	31.66	(7.48)
Decrease/(Increase) in Trade Receivables	(216.23)	359.02
Decrease/(Increase) in Inventories	(288.69)	1,015.08
Decrease/(Increase) in Other Financial Assets (Current)		55.37
Decrease/(Increase) in Loans		0.39
Decrease/(Increase) in Others Assets and Liabilities	(751.23)	(583.84)
Net cash flow before Tax and Extra ordinary Item	721.34	429.68
Direct Taxes (Paid) / Refund	(104.91)	(68.91)
Net cash flow from / (used in ) operating activities (A)	616.43	360.77
Cash flows from investing activities
Purchase of fixed assets, including intangible assets, CWIP and capital advances	(121.01)	(5.38)
Sale of Fixed Assets	3.87	0.40
Decrease/(Increase) in Other Non-Current Assets	(4.50)	3.01
Decrease/(Increase) in Non-Current Investments	7.39	8.08
Dividend Received	0.05	0.46
Interest Received	2.37	26.84
Net Cash flows from investing activities (B)	(111.82)	33.41
Cash flows from financing activities
Proceeds/(Repayment) from borrowings (Non Current)	200.00	(1, 185.65)
Proceeds/(Repayment) from borrowings (Current)	(731.79)	939.45
Interest Paid	(16.38)	(264.71)
Net cash flows from/(used in) in financing activities (C)	(548.17)	(510.91)
Net increase / (decrease) in cash and cash equivalent $(A+B+C)$	(43.56)	(116.73)
Cash and cash equivalent at the beginning of the year	78.02	194.75
Cash and cash equivalent at the end of the year	34.46	78.02
Components of Cash and Cash Equivalents
Cash in Hand	32.17	35.45
With Banks - On Current Account	2.29	42.56
		78.02

KOLKATA

ed Acco

$\frac{1}{2}$

PANSARI DEVELOPERS LIMITED

$\mathbf{I}$

Place : Kolkata Date: The 21st of November, 2022

Mahesh Agarw al Director Director(Din No. 00480731

8, -'4th Camac Street, Slrqnlni.fetan EqllOLng Floor, Unii. 403, Kolkata - 700 017 i 91 33 40404743,40404744 info@garvca.com

Independent Auditor's Review Report on unaudited Ind AS Consolidated Quarterly and Half yearly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20L5,as amended

Review Report to

Ithe Board of Directors Pansari Developers Limited

• We have reviewed the accompanying Statement of Unaudited Ind AS Consolidated Financial Results of Pansari Developers Limited ("the Parent"), which includes its jointly controlled entities (the Parent and its entities together referred to as the "Group") and its share of net profit/(loss) after tax and total comprehensive income of its jointly controlled entities for the quarter and half yeff ended 3Oth September, 2022 attached herewith being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 1
• 1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Ind AS-34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Unaudited Consolidated financial Statement 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 financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less *o.rNg* assurance than an audit. We have not performed an audi Iy, we do not express an audit opinion.

Network : G A R V & Affiliates Website : w,vw.galvca.com H.O. : 19, R. N. Mukherjee Road ,Eastern Building, 1st Floor, Kolkata - 700 001

• 1. The Statement includes the results of the following entities:
  • a) Unipon Put Developers LLP
  • b) Papillon Developers LLP

7. Basis for Quatified Conclusion

We draw attention-

b) Regarding ascertainment of actuarial gain & loss on post-employment benefit expenses during the quarter ended September 30. 2A22 and the year to date from April 1,2022to September 30, 2A22 has not been considered by the management, which in our view is not in accordance with the Indian Acgounting Standard (Ind AS) 19, "Employee Benefits" as prescribed under Section 133 of the Companies Act, 2013.

We are rurable to comment on the consequential impact that may arise in this regard in these fi nancial results.

Our opinion is qualified in respect of the above matter.

1. We did not review the interim financial results ofjointly controlled entities included in the consolidated unaudited financial results; whose financial information reflects total assets of Rs 4358.85 lakhs as at 30th September 2022 and total revenue of Rs 12.04lakhs and 13.35 and net profit after tax of Rs.0.60 lakhs and Rs.l.50 lakhs for the Quarter and half year ended on 30th September 2022, as considered in the consolidated unaudited Ind AS financial results. The unaudited interim financial results and other unaudited financial information of these jointly controlled entities have not been reviewed by their auditors and have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these entities is based solely on such unaudited interim financial results and other unaudited fi nancial information.

Our conclusion on the Statement is not modified in respect of the above matters.

Date: 2 l't Nov ember,2022 Place: Kolkata

FoTGARV&ASSOCIATES Chartered Accountants Firm Registration No. 301094E

ArQd,e" Rt.^^tt (ASHISH RUSTAGI)

Partner Membership No.: 062982 UDIN : 92 o62A€Yg Da^l1€9a8 o

		PANSARI DEVELOPERS LIMITED
		Corporate Identity Number : L72200W8\995PLC079438
		Statement of unaudited Financial Results for the Quarter ended 30th September,2022
	(Rs in Lakh)
			Consolidated
			QUARTER ENDED			Half Year Ended
Sl. No.	Particulars						Year Ended
		30th September	30th June	30th September	30th September	30th September	31st March 2022
		2022	2022	2021.	2022	2027
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
t	Income from Operations
	(a) Revenue from Operations	544.22	460.2't	1,710.23	1,004.44	2,1,90.62	6,024.71
	(b) Other Income	3.53	7.13	6.78	10.65	9.11	37.46
	Total Income	547.75	467.34	1,,717.01,	1,015.09	2,799.73	6,062.17
2	Expenditure
	(a) Cost of sales(d) Employee Benefits Expenses	3U.27	272.6716.U	'1,384.44	656.94	1,709.78	4,938.08
	(e) Finance Cost	29.669.27	9.31	24.6611.83	46.4918.58	31.8946.39	74.72137.94
	(f) Depreciation and Amortisation Expense	46.22	41.95	28.18	88.17	56.37	1 82.53
	(g) Other Expenses	7.92	71.66	50.70	79.58	70.81	242.80
.1	Total Expenses	477.34	4t2.42	1.,499.81.	889.76	1,975.24	5,s76.06
4	Profit before Exceptional Items	70.42	54.92	217.19	125.33	284.49	486.11
5	Add: Exceptional Item
6	Profit before Tax	70.42	54.92	217.19	125.33	284.49	486.11
	Less: Tax Expense
	(a) Current Tax	17.70	9.11	28.45	20.81	32.15	90.77
	(b) Mat Credit Entitlement	3.80	1.44	11.99	5.23	8.31	30.69
	(c) Deferred Tax	6.80	(2.4e)	0.55	4.37	1.30	0.48
	(d) Income tax for Earlier year	2.57			2.57
7	Total Tax	24.87	8.05	40.99	32.92	4176	121.94
8	Net Profit	45.54	46.85	176.2-t	92.41	242.73	364.18
	Other Comprehensive income (After tax)
	(a) Items that cannot be Reclassified to P&L A/c
	Fair Value through OCI of Eqtrity Investment	(0.se)	3.37	./-.5 I	2.78	5.65	515.90
	b) Income tax relating to above items	(1.10)	0.37		(0.72)		(60.1e)
9	Total Other comprehensive income (a+b)	(1.69)	3.74	2.31	2.05	5.65	485.71.
10	Total comprehensive income for the period (8+9)	43.86	50.61	178.52	94.46	248.38	849.88
	Paid Up Share Capital (Face Value Rs 10 each)	7,744.68	1,744.68	t,744.68	1,744.68	1,744.68	1,744.68
	Earning per share (Face Value Rs 10 each)
	(a) Basic	0.26	0.27	1.01	0.53	1.39	2.09
	(b) Diluted	0.26	0.27	1.01	0.53	1.39	2.09
Notes;
(a)
	The Financial Results of the Company for the Qr.rarter ended 30th September, 2022have been reviewed and recommended by the Audit Committee and approved by the Board of
	being published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Ilegulations, 2015.
(b)
	The fnancial results of the company have been prepared in accordance with Indian Accounting Standard (lND AS) notified under the companies (Indian Accounting Standard) Rules
	2015 as ammended by the companies (Indian Accounting Standard) (Ammendement) Rules 2016. The company adopted IND AS from 01.04.2021 and accordingly these FinancialResults (lncuding for all the periods periods presented in accordance with IND AS 101 first time adoption of Accouting Standards) have been prepared.
(c)	The company does not have any extraordinary or exceptional items to report for the above period
(d)	The Company does not have more than one reportable segment.
(e)	Comparative figures have been rearranged / regrouped wherever necessary.
(f)	to insure that such financial results provide true and fair view of its affairs

upto the end of the first quater ended 30th June2022 (g)

Figures of the Previous Periods have been re-arranged/regrouped where necessary to make them comparable. (h)

Place: Kolkata Date: The 21st of November,2022

For and on behalf of the board 'PANISARI DEV \C*a,-J' OPERS LIMITEIT Director Mahesh Director (DIN No.

PANSARI DEVELOPERS LIMITED Corporate Identity Number : L72200WB1996PLC079438atement of Unaudited Consolidated Assets and Liabilities $\overline{C}$

			(Rs in Lakh)
		Consolidated
S1.		As on 30th	AS on 31st
No.	Particulars	September 2022	March 2022
		(UnAudited)	(Audited)
	ASSETS
(I)	Non-Current Assets
	(a)Property, Plants & Equipments	4,254.36	4,225.46
	(b) Investment Property	3,245.70	3,249.25
	(c) Financial Assets
	(i) Investments	872.73	892.85
	(ii) Loans	15.70	15.70
	(d) Deferred Tax Asset (Net)	479.07	486.81
	(e) Other Non-Current Assets	484.76	481.01
		9,352.32	9,351.07
	(II) Current Assets
	(a) Inventories	10,566.55	10,339.90
	(b) Financial Assets
	(i) Trade Receivables	441.83	225.60
	(ii) Cash and Cash Equivalents	49.1756.57	110.9828.69
	(iii) Others(c) Other Current Assets	2,719.44	1,983.83
	(d) Current Tax Assets (Net)	30.82
		13,864.38	12,689.00
	Total Assets	23,216.70	22,040.07
(I)	EQUITY AND LIABILITIESEQUITY
	(a) Equity Share Capital	1,744.68	1,744.68
	(b) Other Equity	10,408.88	10,190.50
		12,153.56	11,935.18
	(II) LIABILITIES
	(i) Non-Current Liabilities
	(a) Financial Liabilities
	(i) Borrowings	200.00
	(ii) Other	281.56	264.15
	(b) Provisions	13.63	13.63
	(c) Other Non Current Liabilities	1,273.00	1,207.50
		1,768.19	1,485.27
	(III) Current Liabilities
	(a) Financial Liabilities
	(i) Borrowings	4,640.47	5,417.89
	(ii) Trade Payables
	(A) Total outstanding dues of micro, small and medium enterprises
	(B) Total outstanding dues of creditors other than micro and medium enterprises	189.66	128.78
		4,463.17	3,059.59
	(b) Other Current Liabilities
	(c) Provisions	1.66	1.6511.71
	(d) Current Tax Liabilities (Net)	9,294.95	8,619.62
	TOTAL LIABILITIES	11,063.14	10,104.89
	TOTAL - EQUITY AND LIABILITIES
		23,216.70	22,040.07

For & On Behalf Of the Board LIMITEDPANSARI DEVELOPERS LIMITED $\mathcal{C}$ Director Mahesh Agary wat Director $(Din No: 00480731)$

Place : Kolkata Date: The 21st of November, 2022

	STATEMENT OF CASH FLOWS FOR THE QUATER ENDED 3OTH SEPTEMBER,2O22		(Rs in Lakhs)
		Consolidated
	Particulars	Year Ended
A	Cash Flow From Operating Activities	30.09.2022	31.03.2022
	Profit hefore tax from continuing operations	125.33	486.11
	Profit Before Tax	125.33	486.11
	Adjustment for Non cash & Non operating item
	Depreciation	88.17	182.53
	Interest & Finance Charges	18.58	347.98
	Profit from sale of Larrd	0.04	(2.78)
	Profit from sale of Shares	(0.31)	(0.16)
	Profit from sale of Fixed Assets		0.08
	lnterest Received	(2.37)	(27.27)
	Dividend Received	(0.0s)	(0.46)
	Operating Profit before changes in working capital	229.38	980.04
	Movements in working capital:
	lncrease/ (Decrease) in Trade Pa,vables	60.88	(40.34)
	Increase/ (Decrease) in Other Current Liabilities	1,403.58	(2,0s7.89)
	lncrease/ (Decrease) in Provision (Current)	0.01	1.65
	tncrease/ (Decrease) in Provision (Non Current)		0.74
	Increase/ (Decrease) in other Liabilities (Non Current)	65.50	(486.00)
	lncrease/ (Decrease) in Other Financial Liabilities (Non Current)	17.42	(8.e8)
	Increase/ (Decrease) in Current Liabilities	(33.10)	(1s.66)
	Decrease/ (lncrease) in Trade Receivables	(2:16.23)	359.02
	Decrease/ (lncrease) in lnventories	(226.65\	2,969.22
	Decrease/ (lncrease) in Other Financial Assets (Current)	(27.88)	55.37
	Decrease/ (Increase) in Loans
	Decrease/ (Increase) in Others Assets and Liabilities	(735.6t)	(6s1.0s)
	Net cash flow before Tax and Extra ordinary Item	537.30	1,106.51
	Direct Taxes (Paid)/Refund	91.68	(10e.e2)
	Net cash flow from/ (used in ) operating activities (A)	628.98	996.57
B	Cash flows from investing activities
	Purchase of fixed assets, including intangible assets, CWIP and capital advances	(121.01)	(s.38)
	Sale of Fixed Assets	3.87
	Decrease/ (tncrease) in Other Non{urrent Assets	(3.7s)
	Decrease/ (Increase) in Non-Current lnvestnents	23.67	(72.e0)
	Dividend Received	0.05
	lnterest Received	2.37	27.27
	Net Cash flows from investing activities (B)	(e4.80)	12.86
C	Cash flows from financing activities
	Proceeds/ (Repayn'rent) frour borrowings (Non Current)	200.00	(1,18s.6s)
	Proceeds/ (Repayment) from borrowings (Cunent)	(777.43)	401.50
	Interest Paid	(18.s8)	(341.e8)
	Net cash flows from/(used in) in financing activities (C)	(se6.00)	(1,,126.1,31(116.70)
			227_68
			110.98
			40.29
	With Banks - On Current Account	17.96	70.69
	Total cash and cash equivalents	49.17	110.98
	Net increase / (decrease) in cash and cash equivalent (A+B+C)Cash and cash equivalent at the begirning of the yearCash and cash equivalent at the end ofthe yearComponents of Cash and Cash EquivalentsCash in Hand	(61.81)110.9849;1737.20