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Paramount Communications Ltd. Interim / Quarterly Report 2021
59350_rns_2021-11-13_7547e5b1-47f1-4662-a0fa-cf6907eb458f.pdf
Interim / Quarterly Report
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| PARAM | |
|---|---|
| eo | |
| PCL/SE/11/2021-2022 | 13.11.2021 |
| The Corporate Relationship Department | The General Manager- Listing |
| The Bombay Stock Exchange Ltd. | National Stock Exchange of India Ltd. |
| Phiroze Jeejeebhoy Towers, | "Exchange Plaza", Bandra-Kurla Complex, |
| Dalal Street, | Bandra (East), |
Symbol/Scrip Code: (BSE)530555/(NSE) PARACABLES
Sub: Outcome of the Board Meeting
Dear Sir,
Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 this is to inform you that the Board of Directors of the Company at their meeting held on Saturday, the 13" day of November 2021, has approved inter-alia, the following:
-
Standalone and Consolidated Un-Audited Financial Results for the quarter and half year ended 30° September, 2021.
-
Limited Review Report of the Statutory Auditors on the aforesaid Standalone and Consolidated Un-Audited Financial Results for the quarter and half year ended 30 September, 2021.
The Board Meeting commenced at 3.00 P.M. and concluded 5.20 P.M.
This is for your information and record.
Paramount Communications Ltd Paramount House C-125 Naraina Industrial Area Phase-1 New Delhi - 110028 t: +91 11 45618800 f: +91 11 25893719-20 [email protected] www.paramountcables.com CIN : L74899DL1994PLC061295
P. BHOLUSARIA & CO. 26/11, SHAKTI NAGAR, CHARTERED ACCOUNTANTS DELHI-110 007
Telephone : 42473527 Email ID: [email protected]
Independent Auditor's Review Report on the Quarterly and year to date Unaudited 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 PARAMOUNT COMMUNICATIONS LIMITED
-
- We have reviewed the accompanying statement of unaudited financial results of Paramount Communications Limited ('the Company') for the quarter ended September 30, 2021 and year to date from April |, 2021 to September 30, 2021 ('the statement') attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of SEBI (Listing obligations and disclosure requirements) Regulation, 2015, as amended ("the Listing Regulations").
-
- This statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, 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 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the statement based on our review.
-
- We conducted our review of the statement 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 misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would became aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
-
- 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 recognition and measurement principles 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 accounting principles generally accepted in India, has not disclosed the information 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 misstatement.
For P BHOLUSARIA & CO. Chartered Accountants Firm Registration No.: 000468N
em le (Pawan Bholusaria) Partner
MNo. 080691 UDIN: 200B0g9) AMAA BERBER
Place: Delhi Dated: 13.11.2021
P. BHOLUSARIA & CO. 26/11, SHAKTI NAGAR, CHARTERED ACCOUNTANTS DELHI-110 007
Telephone : 42473527 Email ID: pbholusaria@ gmail.com
Independent Auditor's Review Report on the Quarterly and year to date Unaudited Consolidated 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 PARAMOUNT COMMUNICATIONS LIMITED
- We have reviewed the accompanying statement of unaudited consolidated financial results of Paramount Communications Limited (the "Holding Company") and its Subsidiary (the Holding Company and its subsidiary together referred to as " the Group") for the quarter ended September 30, 2021 and year to date from April |, 2021 to September 30, 2021 ('the statement') attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing obligations and disclosure requirements) Regulation, 2015, as amended (the "Listing Regulations").
- This statement, which is the responsibility of the Holding Company's Management and approved by the Holding Company's Board of Directors, 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 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the statement based on our review.
- Go We conducted our review of the statement 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 misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would became aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
We also performed procedures in accordance with the Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.
The statement includes the result of the Holding Company and the following subsidiaries: Paramount Holdings Limited AEI Power Cables Limited
-
- The accompanying statement includes unaudited interim financial results and other unaudited financial information of aforesaid 2 subsidiaries which have not been reviewed by their auditors, whose interim financial results reflects total assets of Rs. NIL as at 30% September, 2021, total revenue of Rs. NIL, net profit after tax of Rs. NIL and total comprehensive income of Rs. NIL for the quarter and half year ended 30% September, 2021 and net cash flows of Rs. NIL for the half year ended 30" September, 2021 as considered in the statement. These unaudited interim financial results and other financial information havenot been reviewed by their auditor and have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these subsidiaries are based solely on such unaudited interim financial results and other unaudited financial information. In our opinion and, according to the information and explanation given to us by the management, these interim financial results and other financial information are not material to the group. Our Conclusion on the Statement is not modified in respect of above matter.
-
- Based on our review conducted and procedures performed as stated in Paragraph 3 above and based on the consideration referred to in paragraph 5 above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") as specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other recognized accounting practices and polices has not disclosed the information required to be disclosed in terms of regulation 33 of the listing regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.
Place: Delhi Dated: 13.11.2021
For P BHOLUSARIA & CO. Chartered Accountants Firm Registration No.: 000468N NA i
(Pawan Bholusaria) Partner
M No. 080691 UDIN: 21080 CAAA DH F2689
Paramount Communications Limited
Regd. Office: C-125 Naraina Industrial Area, Phase-1, Naraina, New Delhi-110 028 Phone :91-11-45618800 Fax : 91-11-25893719-20 Web: paramountcables.com
CIN-L74899DL1994PLC061295.
EXTRACT OF STATEMENT OF UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2021
(Rs. in Lacs except per share data)
| Particulars | STANDALONE | CONSOLIDATED | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Quarter ended | Half Year Ended | Year Ended | Quarter ended | Half Year Ended | Year Ended | |||||||
| 30.09.2021 | 30.06.2021 | 30.09.2020 | 30.09.2021 | 30.09.2020 | 31.03.2021 | 30.09.2021 | 30.06.2021 | 30.09.2020 | 30.09.2021 | 30.09.2020 | 31.03.2021 | |
| Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | |
| Total income from operations | 13,809.02 | 9,638.70 | 11,743.84 | 23,447.72 | 20,245.36 | 51,908.33 | 13,809.02 | 9,638.70 | 11,743.84 | 23,447.72 | 20,245.36 | 51,908.33 |
| Profit/(Loss) from ordinary activities after finance costs but | ||||||||||||
| before exceptional items | 158.98 | (98, 63) | 22.72 | 60.35 | (138.23) | 310.02 | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 |
| Profit/(Loss) from ordinary activities before tax | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 |
| Net Profit/(Loss) from ordinary activities after tax | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 |
| Other comprehensive income/(loss) | 8.02 | 8.01 | (5.23) | 16.03 | (10.46) | 32.06 | 8.02 | 8.01 | (5.23) | 16.03 | (10.46) | 32.06 |
| Total Comprehensive Income (Comprising Profit/ (Loss) and | ||||||||||||
| other comprehensive income for the period) | 167.00 | (90.62) | 17.49 | 76.38 | (148.69) | 342.08 | 167.00 | (90.62) | 17.49 | 76.38 | (148.69) | 342.08 |
| Paid up Equity Share Capital (Face Value Rs. 2/- Per Equity | ||||||||||||
| Share) | 3,883.68 | 3,883.68 | 3,682.68 | 3,883.68 | 3,682.68 | 3,883.68 | 3,883.68 | 3,883.68 | 3,682.68 | 3,883.68 | 3,682.68 | 3,883.68 |
| Other Equity Excluding revaluation Reserve | 15,411.49 | 15,411.49 | ||||||||||
| Earnings Per Share (of Rs. 2/-each) (Not Annualised): | ||||||||||||
| a) Basic | 0.08 | (0.05) | 0.01 | 0.03 | (0.08) | 0.17 | 0.08 | (0.05) | 0.01 | 0.03 | (0.08) | 0.17 |
| b) Diluted | 0.08 | (0.05) | $\frac{0}{2}$ | 0.03 | (0.08) | 0.17 | 0.08 | (0.05) | 0.01 | 0.03 | (0.08) | 0.17 |
The above is an extract of the detailed format of the unaudited Financial Results for the quarter and Half year ednd 30th September, 2021 filed with the Stock Exchange under Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the quarterly Unaudited Financial Results are available on company's website at www.paramountcables.com and the stock exchange's websites, www.nseindia.com and www.bseindia.com.
For PARAMOUNT COMMUNICATIONS LTD.
Scandage Aggarway
NOMAR
DIN No 00002646
By and on behalf of the Board
Date: 13.11.2021 Place: New Delhi
PARAMOUNT COMMUNICATIONS LIMITEDC-125, Naraina Industrial Area, Phase-1, Naraina, New Delhi-110028Ph: +91-11-45618800-900, Fax No.: +91-11-25893719/20E-mail: [email protected], Website: www.paramountscables.comCL
STATEMENT OF UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2021
| (Rs. in Lacs except per share data) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STANDALONE | CONSOLIDATED | ||||||||||||
| S. No. | Particulars | Quarter Ended | Half Year Ended | Year Ended | Quarter Ended | Half Year Ended | Year Ended | ||||||
| 30.09.2021 | 30.06.2021 | 30.09.2020 | 30.09.2021 | 30.09.2020 | 31,03,2021 | 30,09,2021 | 30.06.2021 | 30.09.2020 | 30.09.2021 | 30.09.2020 | 31.03.2021 | ||
| Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | ||
| Income | |||||||||||||
| - | Revenue from operations | 13,809.02 | 9,638.70 | 11,743.84 | 23,447.72 | 20,245.36 | 51,908.33 | 13,809.02 | 9,638.70 | 11,743.84 | 23,447.72 | 20,245.36 | 51,908.33 |
| $\qquad \qquad =$ | Other income | 58.95 | 85.90 | 54.77 | 144.85 | 136.18 | 268.50 | 58.95 | 85.90 | 54.77 | 144.85 | 136.18 | 268.50 |
| $\equiv$ | Total Income (I+II) | 13,867.97 | 9,724,60 | 11,798.61 | 23,592.57 | 20,381.54 | 52,176.83 | 13,867.97 | 9,724.60 | 11,798.61 | 23,592.57 | 20,381.54 | 52,176.83 |
| $\geq$ | Expenses | ||||||||||||
| (a) Cost of materials consumed | 11,124.32 | 8,977.11 | 11,250.16 | 20,101.43 | 15,441.21 | 39,728.76 | 11,124.32 | 8,977.11 | 11,250.16 | 20,101.43 | 15,441.21 | 39,728.76 | |
| (b) Changes in inventories of finished goods, | (683.42) | (1,479.11) | 47(1,981) | (2, 162.53) | 676.11 | 1,604.22 | (683.42) | (1,479.11) | (1, 981.47) | (2, 162.53) | 676.11 | 1,604.22 | |
| work-in-progress and scrap | |||||||||||||
| (c) Employee benefits expense | 589.69 | 581.33 | 429.78 | 1,171.02 | 850.27 | 1,971.32 | 589.69 | 581.33 | 429.78 | 1,171.02 | 850.27 | 1,971.32 | |
| (d) Finance costs | 180.97 | 194.28 | 169.29 | 375.25 | 385.12 | 704.64 | 180.97 | 194.28 | 169.29 | 375.25 | 385.12 | 704.64 | |
| (e) Depreciation and amortization expense | 238.66 | 236.13 | 224.88 | 474.79 | 447.08 | 907.16 | 238.66 | 236.13 | 224.88 | 474.79 | 447.08 | 907.16 | |
| (f)) Other expenses | 2,258.77 | 313.49 | 1,683.25 | 3,572.26 | 2,719.98 | 6,950.71 | 2,258.77 | 1,313.49 | 1,683.25 | 3,572.26 | 2,719.98 | 6,950.71 | |
| Total Expenses (IV) | 13,708.99 | 9,823.23 | 11,775.89 | 23,532.22 | 20,519.77 | 51,866.81 | 13,708.99 | 9,823.23 | 11,775.89 | 23,532.22 | 20,519.77 | 51,866.81 | |
| $\geq$ | Profit/(Loss) before exceptional items and tax (III -IV) | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 |
| $\geq$ | Exceptional items | ł, | þ, | ī, | $\ddot{\phantom{0}}$ | Ÿ, | ŗ. | ¥ | $\overline{\mathfrak{k}}$ | Y. | |||
| $\equiv$ | Profit/(Loss) after exceptional items but before tax$(1) + 1$ | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 |
| $\equiv$ | Tax expense | ||||||||||||
| (I) Current Tax | ١ | ý, | ý, | ij. | ï | $\bar{\tau}$ | ۲. | ||||||
| (II) Deferred Tax | ÿ. | $\mathfrak{f}$ | ř, | ř. | $-10 - 14$ | $\mathbb{R}^3$ | ij. | ٠ | ŵ, | Y. | |||
| Total Tax expense | H. | $\mathcal{L}(\theta)$ | $\mathbb{C}^n_0$ | ŗ, | $\lesssim 0$ | $\mathbb{R}^q$ | |||||||
| $\geq$ | Profit / (Loss) for the period from continuing operations$(VII - VIII)$ | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 | 158.98 | (98.63) | 22.72 | 60.35 | (138.23) | 310.02 |
| Discontinued operations :- | |||||||||||||
| $! \times$ | Profit/(Loss) from discontinued operations | $-19$ | f. | ų | ŗ | Ÿ. | |||||||
| $\overline{\times}$ | Tax expense of discontinued operations | ٠ | 9 | 19 | J) | ц | W. | ij | |||||
| $\bar{\mathbb{X}}$ | Profit/(Loss) from discontinued operations (after tax) | G | X | ||||||||||
| $\equiv$ | Profit/(Loss) for the period (IX + XII) | 15898 | 198 631 | 22.72 | 60.35 | (138.23) | 310.02 | 158.98 | 98.631 | 22.72 | 60.35 | [138.23] | 310.02 |
STATEMENT OF UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2021
| (Rs. in Lacs except per share data) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | ANDALONE | CONSOLIDATED | |||||||||||
| S. No. | Particulars | Quarter Ended | Half Year Ended | Year Ended | Quarter Ended | Half Year Ended | Year Ended | ||||||
| 30.09.2021 | 30.06.2021 | 30.09.2020 | 30.09.2021 | 30.09.2020 | 31.03.2021 | 30.09.2021 | 30.06.2021 | 30.09.2020 | 30.09.2021 | 30.09.2020 | 31.03.2021 | ||
| Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | ||
| $\geq$ | A. (I) Items that will not be reclassified to profit or lossOther comprehensive income/(Loss): | 8.02 | 8.01 | (5.23) | 16.03 | (10.46) | 32.06 | 8.02ï | 8.01 | (5.23) | 16.03 | (10.46) | 32.06 |
| [ii] Income tax relating to items that will not bereclassified to profit & loss | ٠ | × | U, | ä | T | ||||||||
| B. (I) Items that will be reclassified to profit or loss | ü, | ģ, | Ņ | ||||||||||
| (ii) Income tax relating to items that will bereclassified to profit & loss | 54 | ï | ö | ï | |||||||||
| Total other comprehensive income /(Loss) (XIV) | 8.02 | 8.01 | (5.23) | 16.03 | (10.46) | 32.06 | 8.02 | 8.01 | (5.23) | 16.03 | (10.46) | 32.06 | |
| $\gtrsim$ | Total Comprehensive Income (Comprising Profit/ (Loss)and other comprehensive income for the period) (XIII +XIV) | 167.00 | (90.62) | 17.49 | 76.38 | (148.69) | 342.08 | 167.00 | (90.62) | 17.49 | 76.38 | (148.69) | 342.08 |
| $\overline{\mathsf{X}}$ | Paid-up equity share capital (Face Value Rs. 2 pershare) | 3,883.68 | 3,883.68 | 3,682.68 | 3,883.68 | 3,682.68 | 3,883.68 | 3,883.68 | 3,883.68 | 3,682.68 | 3,883.68 | 3,682.68 | 3,883.68 |
| XVII | Other Equity Excluding revaluation Reserve | 15,411.49 | 15,411.49 | ||||||||||
| XVIII | Earnings per equity share in Rs. (for continuingoperations):(1) Basic | 0.08 | $\begin{bmatrix} 0.05 \ 0.05 \end{bmatrix}$ | 0.01 | 0.03 | (0.08) | 0.17 | 0.08ŧ, | $\begin{bmatrix} 0.05 \ 0.05 \end{bmatrix}$ÿ, | 0.01Ø, | 0.030.03 | $(0.08)$$(0.08)$ | 0.17 |
| XIX | (2) Diluted | 0.08 | 0.03 | (0.08) | 0.17 | $rac{8}{10}$ | 0.17 | ||||||
| Earnings per equity share in Rs. (for discontinuingoperations): | ă. | ||||||||||||
| (2) Diluted(1) Basic | 活ä | $\epsilon$ł | $\epsilon = \epsilon$ | × | ò | k,$\mathcal{A}$ | ц$\overline{\phantom{a}}$ | $\overline{\bullet}$٠ | |||||
| XX | ođEarnings per equity share in Rs. (for discontinuingcontinuing operations): | v) | į. | ||||||||||
| (1) Basic | 0.08 | (0.05) | 0.01 | 0.03 | (0.08) | 0.17 | 0.08 | (0.05) | 0.01 | 0.03 | (0.08) | 0.17 | |
| (2) Diluted | 0.08 | (0.05) | 0.01 | 0.03 | (0.08) | 0.17 | 0.08 | (0.05) | $\overline{0}$ .01 | 0.03 | (0.08) | 0.17 |
Co.
| Statement of Assets and Liabilities as at 30.09.2021 | (Rs. in Lacs) | |||||
|---|---|---|---|---|---|---|
| Particulars | STANDALONE | CONSOLIDATED | ||||
| (Unaudited)30.09.2021As at | 31.03.2021(Audited)As at | (Unaudited)30.09.2021As at | 31.03.2021(Audited)As at | |||
| Non-current assetsAssets | ||||||
| (a) Property, Plant and Equipment | 9,787.48 | 10,004.10 | 9,787.48 | 10,004.10 | ||
| (b) Right of use assets | 3,932.37 | 4,047.46 | 3,932.37 | 4,047.46 | ||
| (c) Intangible assets | 190.31 | 161.87 | 190.31 | 161.87 | ||
| (d) Financial Assets | ||||||
| (i) Investments | 0.00 | 0.00 | 0.00 | 0.00 | ||
| (ii) Loans | 5.10 | 4.41 | 5.10 | 4.41 | ||
| (iii) Others | 1,415.13 | 2,072.93 | 1,415.13 | 2,072.93 | ||
| (e) Other non-current assets | 29.38 | 43.99 | 29.38 | 43.99 | ||
| Current assets | ||||||
| (a) Inventories | 12,735.15 | 10,020.32 | 12,735.15 | 10,020.32 | ||
| (b) Financial Assets | ||||||
| (i) Trade receivables | 18,321.31 | 16,720.59 | 18,321.31 | 16,720.59 | ||
| (ii) Cash and cash equivalents | 26.39 | 726.60 | 26.39 | 726.60 | ||
| (iii) Bank balances other than (ii) above | 1,563.63 | 1,338.39 | 1,563.63 | 1,338.39 | ||
| (iv) Loans | 27.72 | 20.91 | 27.72 | 20.91 | ||
| (v) Other Current Financial Assets | 322.96 | 370.20 | 322.96 | 370.20 | ||
| (c) Current Tax Assets | CMM | 424.14 | 409.38 | 424.14 | 409.38 | |
| (d) Other current assets | SCATIONSDOWA | 1,276.78 | 1,149.23 | 1,276.78 | $\frac{2}{3}$1,149 | |
| Total assets | TON | 50,057.85 | 47,090.38 | 50,057.85 | 47,090,38 | |
| $0.4$ aluence山dChard |
| Statement of Assets and Liabilities as at 30.09.2021 | (Rs. in Lacs) | |||
|---|---|---|---|---|
| Particulars | STANDALONE | CONSOLIDATED | ||
| (Unaudited)30.09.2021As at | 31.03.2021(Audited)As at | (Unaudited)30.09.2021As at | 31.03.2021(Audited)As at | |
| (a) Equity share capitalEquity and liabilities(b) Other equityEquity | 3,883.6815,487.87 | 3,883.6815,411.49 | 3,883.6815,487.87 | 3,883.6815,411.49 |
| Non-current liabilities(a) Financial LiabilitiesLiabilities | ||||
| (ii) Lease Liabilities(i) Borrowings(b) Provisions | 16,559.751,115.99108.04 | 101.501,193.6017,409.75 | 16,559.751,115.99108.04 | 1,193.60101.5017,409.75 |
| (a) Financial LiabilitiesCurrent liabilities | ||||
| (ii) Lease Liabilities(iii) Trade payables(i) Borrowings | 1,601.99155.18 | 151.741,474.53 | 1,601.99155.18 | 151.741,474.53 |
| - Total outstanding dues of Micro and Small Enterprises | 297.57 | 168.38 | 297.57 | 168.38 |
| -Total outstanding dues of creditors other than Micro and SmallEnterprises | 9,223.66 | 6,557.62 | 9,223.66 | 6,557.62 |
| (iv) Other Current Financial Labilities | 932.42 | 363.35 | 932.42 | 363.35 |
| (b) Other current liabilities | 604.07 | 289.86 | 604.07 | 289.86 |
| CONTIGNS LTDVOWY(c) Provisions | 87.63 | g84,88 | 87.63Â | 84.88 |
| EW DETotal equity and liabilities | 50,057.85 | 47,000 68 е ні | SSD, 057.85 | 47,090.38 |
| Multiple Read Read Property |
| Notes: | |||
|---|---|---|---|
| 1 | The aforesaid unaudited standalone and consolidated Financial Results have been reviewed and recommended by the AuditAuditors have carried out limited review of these Financial Results. | Committee at its meeting held on 13th November, 2021 and approved by the Board of Directors at its meeting held on the same date. The Statutory | |
| $\sim$ | accepted in India. | These financial results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS prescribed under section 133 of the Companies Act, 2013 read with the relevant rules issued there | |
| w | The consolidated financial results of the Company and its subsidiaries have been prepared as per Ind AS 110 "Consolidated Financial Statements" as notified by the Ministry of Corporate Affairs. | ||
| 4 | Code and rules thereunder are yet to be notified. In view of this, the impact of the change, if any, on the Company will be assessed and recognised post notification of the relevant provisions. | The Code on Social Security, 2020 ("the Code") has been approved by the Parlian ent which inter-alia deals with employee benefits during employment and post-employment. The Code has been published in the Gazette of India o | |
| S | There are no separate reportable segments as per the Indian Accounting Standard (Ind AS-108) on segment reporting | ||
| $\circ$ | The Company will continue to closely monitor any material changes arising of future economic conditions and impact on its business. | The company's operations and revenue during the perior dere impacted due to COVID-19. The company has assessed the possible impacts of COVID-19 on its financial statements based on internal and external factors upto the da | |
| $\overline{ }$ | The figures of the previous year /periods have been regrouped/ rearranged wherever considered necessary to facilitate comparison. | ||
| & Co.* slumActorGASARB d*cmPlace: New DelhiDate: 13.11.2021 | For PARAMOUNT COMMUNICATIONS LTD.By and on behalf of the BoardManaging DirectoDIN No 00002646Sandeep AggarwaNONS LTOCHAMUNW DELWOMAR | ||
PARAMOUNT COMMUNICATIONS LIMITED
CIN : L74899DL1994PLC061295STANDALONE AND CONSOLIDATED CASH FLOW STATEMENT FOR THE FOR THE HALF YEAR ENDED 30TH SEPTEMBER, 2021
| (Rs. in Lacs) | ||||
|---|---|---|---|---|
| Standalone | Consolidated | |||
| Unaudited | Unaudited | |||
| Particulars | For the half yearSeptember, 2021ended 30th | September, 2020For the half yearended 30th | September, 2021For the half yearended 30th | September, 2020For the half yearended 30th |
| A) CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net Profit before taxation | 60.35 | (138.24) | 60.35 | (138.24) |
| Adjustment for | ||||
| Depreciation and amortization expenses | 474.79 | 447.08 | 474.79 | 447.08 |
| Interest Expenses/Finance Cost | 320.62 | 322.00 | 320.6254.64 | 322.0063.12 |
| Interest on lease liability & on fair valuation of Security DepositReversal of lease rent liability | (133.33)54.64 | (130.93)63.12 | (133.33) | (130.93) |
| Unrealised Exchange Gain/(Loss) | 20.67 | (6.46) | 20.67 | (6.46) |
| (Profit) / Loss on sale of Property plant & equipments (net) | (1.98) | (1.98) | ||
| interest income | (103.30) | (116.86) | (103.30) | (116.86) |
| Operating Profit before working capital changes | 694.44 | 437.73 | 694.44 | 437.73 |
| Adjustment for: | ||||
| Decrease / (Increase) in Trade Receivables | (1,621.40) | 1,595.87 | (1,621.40) | 1,595.87 |
| Decrease / (Increase) in Loans & Advances | (7.50) | (6.60) | (7.50) | (6.60) |
| Decrease / (Increase) in Inventories | (2,714.83) | (176.80) | (2,714.83) | (176.80) |
| Decrease / (Increase) in Other financial and non financial Assets | 386.72 | (704.19) | 386.72 | (704.19) |
| Decrease) / Increase in Trade Payables | 2,795.24 | (666.39) | 2,795.24 | (666.39) |
| (Decrease) / Increase in Other Liabilities & Provisions | 908.59 | 159.29 | 908.59 | 159.29 |
| Cash generated from operation | 441.26 | 638.91 | 441.26 | 638.91 |
| Income Tax Paid/Refund (Net)Exceptional items | (14.76) | (0.80) | (14.76) | (0.80) |
| NET CASH FROM OPERATING ACTIVITIES (A) | 426.50 | 638.11 | 426.50 | 638.11 |
| Purchase of Property plant & equipments including Capital WIPBI CASH FLOWS FROM INVESTING ACTIVITIES | (171.50) | (182.11) | (171.50) | (182.11) |
| Sale of Property plant & equipments | 16.55 | 16.55 | ||
| Interest Received | 87.95 | 116.86 | 87.95 | 116.86 |
| NET CASH FROM INVESTING ACTIVITIES (B) | (83.55) | (48.70) | (83.55) | (48.70) |
| ICI CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Interest Expenses/Finance Cost | (320.62) | (322.00) | (320.62) | (322.00) |
| Increase/(Decrease) in Borrowings from ARC/NBFC | (722.54) | (412.93) | (722.54) | (412.93) |
| Loan from Directors | 78.00 | 78.00 | ||
| NET CASH FROM FINANCING ACTIVITIES (C) | (1,043.16) | (656.93) | (1,043.16) | (656.93) |
| NET INCREASE/(DECREASE) IN CASH & CASH EQUIVALENTS (A+B+C) | (700.21) | (67.52) | (700.21) | (67.52) |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD | 726.60 | 152.53 | 726.60 | 152.53 |
| CASH AND CASH EQUIVALENTS AT END OF THE PERIOD | 26.39 | 85.01 | 26.39 | 85.01 |
