PSP Projects Limited — Interim / Quarterly Report 2022

Jul 19, 2021

Ref No: PSPPROJECT /SE/24/21-22

July 19, 2021

Corporate Relations Department BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 _ Scrip code: 540544

Listing Department National Stock ExchangeofIndia Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai-400 051 Scrip Symbol: PSPPROJECT

Dear Sir/Madam,

Subject: Outcome of Board meeting

Pursuant to Regulation 30, 33 and other related Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to the captioned subject, we hereby inform that in the board meeting held today i.e. July 19, 2021, besides other subjects, the following items of business were transacted by the board:

• 1. Approved and took on record the Limitedly Reviewed (Unaudited) Financial Results (Standalone& Consolidated) as per Indian Accounting Standards (Ind AS) for the quarter ended June 30, 2021;
• 1. Approved appointment of M/s. Chirag Shah & Associates, Practicing Company Secretaries (COP: 3498) Ahmedabad asthe Secretarial Auditorof the company forthe financial year 2021-22;
• 1. Approved re-appointment of M/s. K.V Melwani & Associates, (FRN: 100497) Practising Cost Accountants, Ahmedabad asthe Cost Auditors of the companyfor the Financial year 2021-22;
• 1. The Thirteenth (13) Annual General Meeting of the members of the company is scheduled to be held on Saturday, September 18, 2021 through Video Conferencing/Other Audio Visual means.

The.board meeting commenced at 11:30 A.M. and concludedat 1:00 P.M.

We are enclosing hefewith the financial results for your information and record. The samewill be made-available on the company's website: www.pspprojects.com.

Kindly take the sameon yourrecord.

Thanking You,

Yours faithfully,

~7* For PSP Projects Limited

Company i Christachary Secretary a and Compliance officer

Encl: As above

'PSP House', Opp. Celesta Courtyard, Opp. Lane of Vikramnagar Colony, ISCON - Ambali Road, Anmedabad-380 058. Phone : 079 - 2693 6200, 2693 6300, 2693 6400 | Fax No.: 079 - 2693 6500 | Email : info@pspprojects.com | URL : www.pspprojects.com CIN : L45201GJ2008PLC054868

202, "Paritosh", Riverfront, 9, Shyam Shivam Bungalows, Nr. Shikar Flats,

Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company pursuantto the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

To The Board of Directors of PSP Projects Limited.

• 1. We have reviewed the accompanying statement of unaudited standalone financial results of PSP Projects Limited (the 'Company') for the quarter ended June 30, 2021 (the 'Statement', 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 (the 'Listing Regulations').
• 1. 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 Indian Accounting Standard 34 (Ind AS 34), 'Interim Financial Reporting', 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 express a conclusion on the Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (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 could become aware ofall significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
• 1. 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 measurementprinciples laid down in the applicable 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 Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

1. We draw attention to Note 2 to the Statement, which describes the management's assessment of the impact of the outbreak of COVID-19 on the business operations of the Company. In view of the uncertain economic environment, a definitive assessment of the impact on the subsequent periods is highly dependent upon circumstances as they evolve.

Our conclusion is not modified in respect of this matter.

Chartered Accountants Chartered Accountants ICAI Firm registration number: 104744W ICAI Firm registration number: 140190W

Jinal A. Patel Partner Membership No.: 153599 Place: Ahmedabad Date: July 19, 2021 UDIN: 21153599AAAAGL6634

For Kantilal Patel & Co. For Riddhi P. Sheth & Co.

RCSue

Riddhi P. Sheth Proprietor Membership No.: 159123 Place: Ahmedabad Date: July 19, 2021 UDIN: 21159123AAAAAR6730

Statement of unaudited Standalone Financial Results for the period ended June 30, 2021

	PSP ProjectsRegistered Office : PSP House, Opp. Celesta Courtyard,CIN:L45201GJ2008PLC054868Statement of unaudited Standalone Financial Resultsfor the period	LimitedIscon-AmbliWebsite : www.pspprojects.comended June 30, 2021	-Road, Anmedabad	380 058
Sr. No.	Particilacs	30.06.2021(Unaudited)	Quarter ended31.03.2021(Note 5)(Unaudited)	30.06.2020(Unaudited)	Year Ended31.03.2021(Audited)
1	IncomeRevenue from OperationsOther IncomeTotal Income	31,735.58379.30	50,072.64381.54	10,689.18479.04	1,24,086.241,692.09
2	ExpensesCost of Materials ConsumedChangesinInventories of Work-in-ProgressConstruction ExpensesEmployee Benefits ExpenseFinance CostsDepreciation and Amortisation ExpenseOther ExpensesTotal Expenses	32,114.8810,304.42(399.85)15,873.191,518:77341.03541.91498.9228,678.39	50,454.1814,561.13691.0426,751:321,421.79455.26676.21441.1244,997.87	11,168.223,591.34(351.75)6,138.38969.76289.19616.58211:5711,465.07	1,25,778.3339,813.29(236.52)64,442.685,089.371,469.122,563.761,496.091,14,637.79
34	Profit/(Loss) Before Tax and ExceptionalItem (1-2)Gain/(Loss)(net of tax){Exceptional	3,436.49-	5,456.31-	(296.85)-	11,140.54(274.11)
56	_ Profit/(Loss) Before Tax and after ExceptionalItem (3-4)Tax ExpensesCurrent Tax	3,436.49972.99	5,456.311,449.37	(296.85)-	10,866.433,035.25
78	Deferred TaxTotal Tax ExpensesProfit/(Loss) for the Period (5-6) Other ComprehensiveIncome/(Loss)(OCI)	(45.27)927.722,508.77	(61.65)1,387.724,068.59	(75.04)(75.04)(221.81)	(247.86)2,787.398,079.04
	(i) Items that will not be reclassified toProfit or LossRemeasurement expensesofbenefit plans (net of tax)Defined-/Total Other Comprehensive(Loss) for the PeriodIncome	2.302.30	18.9918.994,087.58	(3.26)(3.26)(225.07)	9.229.228,088.26
9	Income/(Loss) for the Period (7+8) TotalComprehensive	2,511.07
101112	Paid-up Equity Share Capital - Face Value Rs 10/- each Other Equity excluding Revaluation Reserves)Earnings Per Share of Rs 10/-each (in Rs.) (Not Annualised(Basic)(Diluted)(See accompanying notestothe Standalone Financia!Results)	3,600.00-6.976.97	3,600.00-11.3011.30	3,600.00-(0.62)(0.62)	3,600.0050,199.2722.4422.44
	SIGNED FOR IDENTIFICATION BY114EPAGKANTILAL PATEL & CO.			159123M.NO.:FERN: 140190W}°AHMEDABAD]

Registered Office : PSP House, Opp. Celesta Courtyard, Iscon-Ambli Road, Ahmedabad - 380 058 CIN :L45201GJ2008PLC054868 Website : www.pspprojects.com

Sr.	Note
No.
	The above financialresultsof theCompany have beenby thereviewedAudit Committeeand approvedby theCompany inBoard ofDirectors of thetheirrespectiveheld onmeetingsJuly 19, 2021.Thefinancialresultsarepreparedin accordancewith theIndianStandardsAccounting("Ind AS"),asapplicableandguidelinesissued bytheSecuritiesandExchange Board of India("SEBI"). The Ind AS are133 oftheprescribedundersectionAct readwith Rule 3 oftheCompanies (IndianAccounting Standards)Rules, 2015,andtheCompanies (IndianAccountingStandards)(Amendment) Rules,2016.ThehasmadeCompanyanassessmentofoftherecoverabilityCompany'sassetssuchTradeasreceivables,unbilled revenue,andInventories,specificallyconsidering theongoing COVID-19 pandemic,Company hastheconsideredinternalandexternalinformationtheup todateofoftheseapprovalstandalone financialresults. Basedon thecurrentindicators of futureeconomicconditions, theCompanyrecover thecarrying amountoftoexpectstheseassets.The impactof COVID-19remainsuncertainandmay bedifferentfrom whatwe have estimatedas of theofdateof approvalthesestandalone financialresultsand theCompanywillcontinuetoclosely monitor
	any materialfuturechangestoeconomicconditions.Company isTheprimarilyengagedbusinessinonesegmentviz.construction/projectactivities,asdetermined bythechiefdecisionmaker in accordance
	with Ind AS 108,OperatingSegments.The Code onSocialSecurity, 2020 ('Code')has beennotified in theof IndiaOfficial Gazetteon September29, 2020, which couldtheimpactcontributionsof theCompany towardscertainemployment benefits.Theeffectivedatechanges arefromwhichapplicableis yettobenotifiedand therules aretobeyetframed.accounted inoftheImpact, if any,changewill be assessedandtheperiod ofnotificationof therelevantprovisions.
	The figuresfortheendedquarterMarch 31,2021 arethebalancingbetweenfiguresauditedfigures inrespectofthe fullfinancial yearup toMarch 31,2021 and unauditedpublishedyear-to-datefigures upDecember 31,toof thethird quarterofbeing thedate2020,of theendthefinancial yearwhich weresubjectedtolimited review.
	Previous periodfigures have beenregrouped/rearranged,wherevernecessary, tocorrespondtocurrentperiod'spresentation.

For and on behalf of the Board

(Prahala . Patel)

Chairman, Managing Director & CEO DIN : 00037633 SIGNED FOR IDENTIFICATION BY

Ahmedabad, July 19, 2021 ale | 4 We / KANTILAL PATEL & CO.

Kantilal Patel & Co. Riddhi P. Sheth & Co. Chartered Accountants Chartered Accountants Ahmedabad — 380 013. Ahmedabad — 380 051. Tel: + 91 79 2755 1333 Tel: + 91 79 2676 3020

202, "Paritosh", Riverfront, 9, Shyam Shivam Bungalows, Nr. Shikar Flats, Usmanpura, 100 ft. Ring Road, Satellite,

Independent Auditor's Review Report on the Quarterly 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 PSP Projects Limited.

• Ts Wehave reviewed the accompanying statement of unaudited consolidated financial results of PSP Projects Limited (the 'Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as the 'Group') and itsjoint venture for the quarter ended June 30, 2021 (the 'Statement''), 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 (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 Indian Accounting Standard 34 (Ind AS 34), 'Interim Financial Reporting', prescribed under Section 133 of the CompaniesAct, 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.
• We conducted our review of the Statement in accordance with the Standard on Review Engagements (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 could become awareofall 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 No. CIR/CFD/CMDI/44/2019 dated March 29, 2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

1. The Statement includes the interim financial results of the following entities

List of Subsidiaries

• PSP Projects & Proactive Constructions Private Limited
• PSP Projects Inc.

Joint Venture

'SK VANON:

AHMEDABAD}

Dien *

* ( (AH — GDCL and PSP Joint Venture

Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with 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. FRN: 140190W |

1. We draw attention to Note 2 to the Statement, which describes the Holding Company's Management's assessment of the impact of the outbreak of COVID-19 on the business operations of the Group. In view of the uncertain economic environment, a definitive assessment of the impact on the subsequentperiodsis highly dependent upon circumstances as they evolve.

Our conclusion is not modified in respect of this matter.

• 1. The Statement includes the unaudited interim financial results and other unaudited financial information of:
  • (a) 1 (one) subsidiary, whose unaudited interim financial results and other unaudited financial information reflects total revenue (before consolidation adjustments) of INR Nil and total net loss after tax (before consolidation adjustments) of INR 9.46 lakh and total comprehensive loss (before consolidation adjustments) of INR 9.46 lakh for the quarter ended June 30, 2021, as considered in the Statement, which has been reviewed by its independent auditor.
  • (b) 1 (one) joint venture, whose unaudited interim financial results and other unaudited financial information include the Group's share of net profit of INR 11.59 lakh for the quarter ended June 30, 2021 as considered in the Statement, which has been reviewed by its independent auditor.

The independent auditor's report on the unaudited interim financial results and other unaudited financial information of these entities have been furnished to us by the Managementof the Holding Company and our conclusion on the Statement, in so far asit PAT, = . . . oa . 5g mat an lates to the amounts and disclosures included in respect of these entities, is based soiely on

the report of such auditors and the procedures performed by us are as stated in paragraph 3 above.

• 1. The Statement includes the unaudited interim financial results and other unaudited financial information of 1 (one) subsidiary, whose unaudited interim financial results and other unaudited financial information reflects total total revenue (before consolidation adjustments) of INR 45.66 lakh, total net loss after tax (before consolidation adjustments) of INR 8.44 lakh, total comprehensive loss (before consolidation adjustments) of INR 8.44 lakh for the quarter ended June 30, 2021, as considered in the Statement. These unaudited interim financial results and other unaudited financial information has been approved and furnished to us by the Management of the Holding Company and our conclusion on the Statement,in so far as it relates to the amounts and disclosures included in respect of this entity, is based solely on such unaudited interim financial results and other unaudited financial information.
• 1. According to the information and explanations given to us by the Management of the Holding Company, the unaudited interim financial results and other unaudited financial information referred to in paragraphs 6 and 7 above are not material to the Group. Our conclusion on the Statement is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the unaudited interim financial results and other unaudited financial information certified by the Managementof the Holding Company.

For Kantilal Patel & Co. For Riddhi P. Sheth & Co. Chartered Accountants Chartered Accountants

Jinal A. Patel Partner Membership No.: 153599 Place: Ahmedabad Date: July 19, 2021 UDIN: 21153599AAAAGM6038

ICAI Firm registration number: 104744W ICAI Firm registration number: 140190W

R. g¢_Stoll

Riddhi P. Sheth Proprietor Membership No.: 159123 Place: Ahmedabad Date: July 19, 2021 UDIN: 21159123AAAAAS6839

Statement of Unaudited Consolidated Financial Results for the period ended June 30, 2021

Sr. No.	PSP Projects LimitedRegistered Office : PSP House, Opp. Celesta Courtyard, Iscon-Ambli Road, Ahmedabad -Website : www.pspprojects.comCIN:L45201GJ2008PLC054868Statement of Unaudited Consolidated Financial Results for the period ended June 30, 2021Particulars		380 058Quarter ended		(Rs. in Lakhs)Year Ended
1	IncomeRevenue from Operations	30.06.2021(Unaudited)31,735.58	aaa,(Unaudited)50,072.64	30.06.2020(Unaudited)10,689.18	31.03.2021(Audited)1,24,086.24
2	Other IncomeTotal IncomeExpensesCost of Materials ConsumedChanges inInventories of Work-in-Progress	353.4132,088.9910,304.42(399.85)	363.4250,436.0614,561.13691.04	487.1811,176.363,591.34	1,665.781,25,752.0239,813.29
	Construction ExpensesEmployee Benefits ExpenseFinance CostsDepreciation and Amortisation ExpenseOther Expenses	15,873.191,518.78345.09541.91$00.21	26,751.321,421.79459.88676.21344.87	(351.75)6,138.38970.10298.71616.58211.74	(236.52)64,442.865,089.711,500.792,563.76
34	Total Expenses Profit/(Loss) Before Tax & share ofprofit / (loss) from Joint Venture (1 - 2) Tax Expenses	28,683.753,405.24	44,906.245,529.82	11,475.10(298.74)	1,483.231,14,657.1211,094.90
5	Current TaxDeferred TaxTotal Tax Expenses Profit/(Loss) for the Period Before share ofprofit /(loss) from Joint Venture (3 - 4)	972.99(48.59)924.402,480.84	1,449.37(126.79)1,322.584,207.24	-(46.12)(46.12)	3,035.26(276.93)2,758.33
67'	{Share of profit / (loss) from Joint Venture (Net) Net profit/(Loss) after tax and share in profit/(loss) of Joint ventures (5+6)	10.012,490.85	(33.66)	(252.62)(98.33)	8,336.57(241,94)
8	/ Other Comprehensive Income(Loss) (OCI)(i) Items that will not be reclassified to Profit or LossRemeasurement expenses ofDefined benefit plans (net of tax)-	2.30	4,173.5818.99	(350.95)(3.26)	8,094.639.22
	(ii) Items that will be reclassified to Profit or Loss/- Exchange difference arising on translation of foreign subsidiary (net of tax)Total Other Comprehensive Income(Loss) for the Period	(1.77)0.53	(2.69)16.30	(0.10)(3.36)	0.569.78
9	Total Comprehensive Income/(Loss) for the Period (7+8)Profit/(Loss) for the year attributable to:- Ownersofthe company- Non-controlling Interest	2,491.382,490.85	4,189.884,173.58-	(354.31)(344.42)(6.53)	8,104.418,152.65(58.02)
	Other comprehensive income/(Loss) for the year attributable to:- Ownersofthe company- Non-controlling Interestincome/(Loss) for the year attributable to:Total comprehensive	0.53-	16.30:	(3.36)-	9.78-
1011	- Owners of the company- Non-controlling InterestPaid-up Equity Share Capital - Face Value Rs 10/- each Other Equity excluding Revaluation Reserves	2,491.38-3,600.00	4,189.88-3,600.00	(347.78)(6.53)3,600.00	8,162.43(58.02)3,600.0049,989.95
	(Basic)(Diluted)(see accompanying notes to the Consolidated Financial Results)SIGNED FOR IDENTIFICATION BY	6.926.92	11.6011.60	(0.96)(0.96)	22.6522.65
	pele\V%p.KANTILAL PATEL & co.

Registered Office : PSP House, Opp. Celesta Courtyard, Iscon-Ambli Road, Ahmedabad - 380 058 CIN :L45201GJ2008PLC054868 Website : www.pspprojects.com

Sr.	Note
No.
	aboveTheconsolidatedfinancialtheCompany haveresultsofbeenby thereviewedAudit
	Committeeandby theapprovedBoardofDirectorstheoftheirCompanyinrespective
	heldmeetings19, 2021.onJuly
	Theconsolidatedfinancialresultsin accordancearepreparedwiththeIndianAccountingStandards("IndandAS"), asapplicableguidelinesissuedby theSecuritiesandExchangeBoardofIndia("SEBI"). TheInd AS areunderprescribedsectionthe133ofreadActwiththeRule3 ofCompanies(IndianAccountingStandards)theandRules,2015,Companies(IndianAccountingStandards)(Amendment)2016.Rules,ThesaidfinancialresultstheresultsofrepresentPSPProjectsLimited("theCompany"),itssubsidiaries(togetherreferredto"theandshareasresultsGroup"itsofinjointventureswhichbeenhaveprepared inaccordancewithInd-AS 110"ConsolidatedStatement"FinancialandInd AS—
	in28— "InvestmentAssociatesandJointVentures").
	assessmentofmade anThehasGrouptherecoverabilityofassetssuchGroup'sTradeasreceivables,unbilledandrevenue,Inventories,thespecificallyconsideringongoingCOVIDthe19 pandemic,hasconsideredinternalGroupandexternalinformationthedatetoofupofthesefinancialapprovalstandaloneresults.theBasedcurrentindicatorsfutureonofamount ofeconomictheconditions,totheGroupexpectsrecoverthese assets.carryingTheofimpactremainsCOVID-19uncertainanddifferentbefromwhathavemayweasoftheestimateddateofofthesefinancialstandaloneapprovalresultstheGroup willandcontinuetomonitorcloselymaterialtofuturechangeseconomicanyconditions.
	Group isThebusinessviz.primarilyengagedin oneconstruction/projectsegmentactivities,determinedthechiefasdecisionmakerbyaccordancewithinIndAS108,OperatingtheSegments.Further,theoperationsofGroupispredominatelydomiciledIndiaandinthereforetherearereportablenogeographicalsegment.
	SocialTheCode on2020beenSecurity,('Code') hasnotifiedin theOfficial GazetteofIndia29,onSeptemberwhichcouldthe2020,contributionstheimpactoftowards certainGroupbenefits.employmentTheeffectivedatefromwhichchangestoareapplicablebeis yetImpact,ifnotifiedtheandrulestobeframed.areyettheofchangewill beassessedany,accounted inperiod ofandthenotificationtheofrelevantprovisions.
	The figuresfortheendedMarchquarter2021the31,
	arebetweenbalancingauditedfiguresof thefiguresinrespectfull financialtoMarch31, 2021yearandunauditeduppublished
	year-to-datetoDecember 31,figuresthedatethe2020,ofupbeingendofthethirdquarter
	theoffinancialwhichwereyearsubjectedtolimitedreview.
	Previousbeenperiodhavefiguresregrouped/rearranged,wherevertonecessary,correspondtocurrentperiod'spresentation.

SIGNED FOR IDENTIFICATION BY Lele \9% KANTILAL PATEL & CO.

CIN :L45201GJ2008PLC054868 Website : www.pspprojects.com Registered Office : PSP House, Opp. Celesta Courtyard, Iscon-Ambli Road, Ahmedabad - 380 058

Sr.	Note
No.
7	financialThestandaloneresultstheoftheforCompanyendedquarterJune202130,are
	availablethewebsiteonCompany's(URL: www.pspprojects.com)
	information isKey Standalone financialsbelow:given
	Particulars	Quarterended	Year Ended
		June30,	March31,	June30, 2020	March31,
		2021	2021	(Unaudited)	2021
		(Unaudited)	(Note5)		(Audited)
			(Unaudited)
	TotalIncome	32,114.88	50,454.18	11,168.22	1,25,778.33
	itTasPEGHEEEMOnEItemExceptional	3,436.49	5,456.31	(296.85)}	11,140.54
	aiPioubTam
	iBetonsafterItemExceptional	3,436.49	5,456.31	(296.85)	10,866.43
	NetProfit	2,508.77	4,068.59	(221.81)	8,079.04
	Other'ComprehensiveIncome/(Loss)	2.30	18.99	(3.26)	9.22
	TotalComprehensiveIncome	2,511.07	4,087.58	(225.07)	8,088.26

For and on behalf of the Board

y (Prahaladbha ate

Chairman, Managing Director & CEO DIN : 00037633 Ahmedabad, July 19, 2021

SIGNED FOR IDENTIFICATION BY bls 9 a KANTILAL PATEL & CO.