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PSP Projects Limited Interim / Quarterly Report 2021

Jun 19, 2021

61476_rns_2021-06-19_327b84a4-a4e0-4fd1-b7a7-2e256e032d89.pdf

Interim / Quarterly Report

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PSP Projects Ltd. ISO 9001 : 2015, 14001 : 2015, 45001 : 2018

Certified Company

Ref No: PSPPROJECT /SE/13/21-22

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

June 19, 2021

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

Dear Sir/Madam,

Subject: Newspaper publication pertaining to Financials results of Q4FY21

In continuationto our intimation vide ref. no. PSPPROJECT/SE/11/21-22 dated June 18, 2021 with regard to Outcome of Board Meeting and pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please

find enclosed copies of the newspaper advertisement pertaining to financial results of the Company[for][the] quarter and year ended March 31, 2021 published in the following newspapers[dated] June[19,][2021:]

  1. Financial Express (National Daily English Newspaper) 2. Financial Express (Gujarati Edition- Newspaper in Regional Language)

Kindly take the same on your record.

:

Thanking[You,]

‘For[PSP] Projects Limited 7 ¢ —— Mittali[Christachary] Company Secretary 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 : [email protected] | URL : www.pspprojects.com CIN : L45201GJ2008PLC054868

SATURDAY, JUNE 19, 2021 WWW.FINANCIALEXPRESS.COM FINANCIAL EXPRESS

——PSP “ue| ¢ RegisteredPSP[Office][:][PSP] ProjectsCINHouse,:L45201GJ2008PLC054868Opp.[Celesta] Courtyard,LimitedOpposite lane[of] Vikram aia Nagar Colony, Iscon-Ambli Road, Ahmedabad - 380 058 email id: [email protected] Website : www.pspprojects.com Extract of Consolidated Audited Financial Results for the quarter and year ended March 31, 2021 (@ in Lakhs} Consolidated Quarter ended Year ended

Sr. Particular 31-03-2021 31-12-2020 31-03-2020! 31-03-2021 31-03-2020 | No. (Unaudited) (Unaudited) |(Unaudited)| (Audited) (Audited) 1. Total Income from Operations 50,436.06} 39,390.67] 46,388.18] 1,25,752.02] 1,52,342.56

  1. Net Profit for the period (before Tax, Exceptional and 5,529.82| 3,923.41 4,653.58) 11,094.90 17,324.67 Extraordinary[Items][and] Share[of] Profit/(Loss} from Joint Venture)

  2. Net Profit for the period (after tax, Exceptional and 4,207.24| 2,855.06| 3,464.41 8,336.57| 12,820.18 Extraordinary ttems before Share[of] Profit/(Loss) from Joint Venture)

Net Profit for the period (after tax, Exceptional and 4,173.58| 2,870.66] 3,409.17] 8,094.63) 12,830.92 Extraordinary Items and Share[of] Profit/(Loss) fram Joint Venture)

Total Comprehensive incomefor the period 4,189.88, 2,868.11) 3,395.90) 8,104.41] 12,810.75 [Comprising[Profit][for][the] period (after tax) and Other Comprehensive[Income] (after tax)] Paid-up Equity Share Capital - Face Value Rs.10/- each 3,600.00| 3,600.00! 3,600.00] 3,600.00} 3,600.00; Other Equity exctuding Revaluation Reserves : - -| 49,989.95} 41,818.16 Earnings[Per] Share[of][Rs][10/-each] (in Rs.)

(Not Annualised) Basic 11.60 8.11 9.48 22.65) 35.69 Diluted 11.60 8.11 9.48 22.65 35.69 Notes:

  1. The Audit Committee has reviewed, and the Board of Directors has approved the above results and its releaseat their respective[mbetings] held on June 18, 2021. 2.[The] figures for the current quarter ended March 31, 2021 and quarter ended March 31, 2020 are the balancing figures between the audited

figures in respect of the[full] financial year ended March 31, 2021 and March 31, 2020, respectively and published yearto date figures up to

third quarter ended December 31, 2020 and December 31, 2019, respectively which were subjected to limited review.

3._ Additional information on Standalone Audited Financial Results is as follows: (% in Lakhs) Standalone Quarter ended Year ended Particular 31-03-2021 31-12-2020 31-03-2020 31-03-2021 31-03-2020

, (Unaudited)| (Unaudited) |(Unaudited)} (Audited) (Audited) Revenue from Operations 50,072.64] 39,015.86) 45,639.70} 1,24,086.24] 1,49,925.77 Profit/(Loss) before tax and Exceptional item 5,456.31] 4,127.38) 4,614.21) 11,140.54 17,442.19 Profit/(Loss) after tax and Exceptional item 4,068.59| 2,791.83| 3,426.60 8,079, 12,926.03 4. The aboveis extract[of] the[detailed] format[of][Financial] Results filed with the Stock Exchanges under Regulation 33 of the SEBI {Listing Obligatioffs and Disclosure Requirements) Regulations, 2015. 5. The Board of Directors at its meeting held on June 18, 2021, has proposed a final dividend of Rs. 4.00 per equity share. The same is subject to shareholders' approval in the[Annual] General Meeting. 6. Pursuant to the approval from the Board of Directors on November 09, 2020, the Company has acquired the remaining 26% stake (13,00,000 Equity shares)[in] its 74% subsidiary viz PSP Projects & Proactive Constructions Private Limited (‘PPPC’), for a consideration of Rs. 1,30,000/-. Pursuant to the said transaction, PSP Projects & Proactive Constructions Private Limited is now a wholly owned subsidiary

(100%) of the Company. 7. Exceptional item (net of tax) during the year ended on March 31, 2021, represents impairment of investment in PSP Projects & Proactive Constructions Private Limited amounting to Rs. 274.11 lakhs. an8. Inline with the requirements of Regulation 33 and 52 (4) of Listing Regulations, the full format of the said Financial Resultsare available on the website of[BSE] Limited (URL: wwwadbseindia.com), National Stock Exchange[of] india Limited (URL: www.nseindia.com) and on company’s[website][(URL:] www.pspprojects.com) 3[The] '[ figures forthe][corresponding] previous period have been re-grouped/re-classified wherever necessary, toFor and on behalfmakeofthemBoardcomparable.of Directors Place : Ahmedabad ; of PSP Projects Limited Date : June 18, 2021 Sd/Prahaladbhai S. Patel Chairman, Managing Director[&] CEO

DIN: 00037633

19 WHEIUE[AletcUe,] Al.AE Yor, OI Saale[WSUUA] ‘ PSP ProjectsCIN :L45201GJ2008PLC054868Limited ttsSPetae Registered OfficeNagar Colony,: PSP House,Iscon-AmbliOpp. CelestaRoad, Courtyard,Ahmedabad Opposite380 058lane of Vikram email id: [email protected] Website : www.pspprojects.com Extract of Consolidated Audited Financial Results for the quarter and year ended March 31, 2021 in takhs) Consolidated Quarter ended Year ended Sr. Particular 31-03-2021 31-12-2020 31-03-2020 31-03-2021 31-03-2020 No. (Unaudited)| (Unaudited) (Unaudited)| (Audited) t. Total Income from Operations 50,436.06 39,390.67] 46,388.18] 1,25,752.02] 1,52,342.56Oe 2. ExtraordinaryNet Profit for theItemsperiodand (beforeShare[of] Tax,Profit/(Loss}Exceptionaltromand 5,529.82} 3,923.41! 4,653.58] 11,094.90] 17,324.67| Joint Venture) 3. Net Profit for the period (after tax, Exceptional and 4,207.24) 2,855.06! 3,464.41 8,336.57) 12,820.18 Extraordinary Items before Share of Profit/(Loss} from Joint Venture) 4. Net Profit for the period (after tax, Exceptional and 4,173.58] 2,870.66] 3,409.17 8,094.63} 12,830.928 Extraordinary Items and Share of Profit/(Loss) from Joint Venture) 5. Total Comprehensive Income for the period 4,189.88] 2,868.11 3,395.90 8,104.41] 12,810.75 [Comprising[Profit] for the period (after tax) and Other 6. ComprehensivePaid-up Equity Share[Income] Capital (aftertax)}Face Value Rs.10/- each 3,600.00) 3,600.00) 3,600.00] 3,600.00 3,600.00 | 7. Other Equity excluding Revaluation Reserves : - 49,989.95} 41,818.16 8. Earnings[Per][Share][of][Rs] 10/-each (in Rs.) (Not Annualised) i Basic 11.60 8.11 9.48 22.65 35.69 Diluted 11.60 8.11 9.48 22.65 35.69 Notes: 1, Theheld Auditon JuneCommittee18, 2021.has reviewed, and the Board of Directors has approved the above results and its releaseat their raspective meetings 2. The figures for the current quarter ended March 31, 2021 and quarter ended March 31, 2020are the balancing figures between the audited, thirdfiguresquarterin respectended of theDecemberfull financial 31, 2020yearandendedDecemberMarch31,31, 2019,2021 respectivelyand March 31,which2020,were subjected to respectively and limitedpublishedreview.year to date figures up to 3. Additional information on Standalone Audited Financial Results is as follows: (@ in Lakhs) Standalone Quarter ended Year ended Particular 31-03-2021 31-12-2020 31-03-2020} 31-03-2021 31-03-2020 (Unaudited)| (Unaudited) |(Unaudited)| (Audited) (Audited) Revenue from Operations 50,072.64] 39,015.86] 45,639.70] 1,24,086.24/ 1,49,925.77 Profit/(Loss) before tax and Exceptional item 5,456.31 4,127.38) 4,614.21] 11,140.54 17,442.19 Profit/(Loss) after tax and Exceptional item 4,068.59} 2,791.83; 3,426.60 8,079.04, 12,926.03 4. The above is an extract of the detailed format of Financial Resutts filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Digclosure Requirements) Regulations, 2015. oo toTheshareholBoardof Direcjors‘approvalatits in themeeting[Annual] held[General] on JuneMeeting.18, 2021, has proposed final[dividend] of[Rs.] 4.00 per equity share. The same is subject . Pursuant to the approval from the Board of Directors on November 09, 2020, the Company has acquired the remaining 26% stake (13,00,000 Equity shares) in its 74% subsidiary viz PSP Projects & Proactive Constructions Private Limited {‘PPPC’), for a consideration of Rs. 1,30,000/-. Pursuant to the said transaction, PSP Projects & Proactive Constructions Private Limited is nowa wholly owned subsidiary (100%) of the Company. ~ . Exceptional item (net[of] tax) during the year ended on March 31, 2021, represents impairment of investment in PSP Projects & Proactive Constructions Private Limited amounting to As. 274.11 lakhs. ~ . the[Inline] website[with][the ] ofrequirementsBSE Limited[of] (URL:Regulationwww.bseindia.com),33 and 52[(4)] of NationalListing Regulations,Stock Exchangethe full offormatIndia ofLimited the said(URL:Financialwww.nseindia.com)Results are availableand onon i company’s website[(URL:] www.pspprojects.com) 9. The figures for the corresponding previous period have been re-grouped/re-classified wherever necessary, to make tham comparable. Place : Ahmedabad For and on behalf of Board of Directors Date : June 1872021 — of PSP Projects[Limited] Sd/Prahaladbhai S. Patel Chairman, Managing Director[&] CEO DIN: 00037633 | a[a] an ees a = ee