Sandhar Technologies Limited — Interim / Quarterly Report 2023

Aug 3, 2022

SANDHAR Growth. Motivation. Better Life

Ref: STL/SE/2022-2023/Outcome/30

Dated: 03[rd ] August, 2022

To,

Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai - 400 001

To,

Listing Department, National Stock Exchange of India Limited C-1, G-Block, Bandra-Kurla Complex Bandra, (E), Mumbai- 400051

BSE Code: 541163; NSE: SANDHAR

Dear Sir/ Madam,

Sub: Outcome of Board Meetin

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Listin

Pursuant to Regulation 30 (read with Part A of Schedule III) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are pleased to inform you that the Board of Directors of the Company, at its meeting held today i.e. the 03 [rd ] of August, 2022, which commenced at 11:30 AM. and concluded at 1:20 P.M. considered and approved, inter alia, the followinr; ite.ms of business:

1. Un-audited financial resulls, both standalone and cum;ulid .. :i.tod, fur tho c.1t1artor ondod tho �[Ot1][1 ] June, 2022 as recommended by Audit Conunittee and also, taken on record the Limited Review Reports issued on such financial results by the Statutory Auditors of the Company.

Further, pursuant to Regulation 33 of the Listing Regulations, we enclose herewith a copies of Un-Audited Standalone & Consolidated Financial Results and Limited Review Reports issued by Statutory Auditors of the Company in" Annexure A".

1. The 3ou, Annual General Meeting of the Company is scheduled to be held on Thursday, 22 [nd] September, 2022 at 11:30 AM. through Video Conferencing (VC).

2. Register of Members and the Share Transfer Books of the Company will remain closed from Friday, 16th September, 2022 till Thursday, 22 [nd ] September, 2022 (both days inclusive) for the purpose of determining the entitlement of shareholders who will be eligible· to receive the payment of final dividend for the FY 2021-22. Upon receipt of approval of the members of the Company at the ensuing Annual General Meeting of the Company, final dividend shall be paid to the eligible shareholders within a period of 30 days of declaration.

Sandhar Technologies Limited

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Corporate Office: 13, Sedor-44, Gurugram-122002, Haryana, India. Ph:+91-124-4518900 Registered Office : B-6/20, Local Shopping Complex, Sofdarjung Enclave, New Delhi- 110029, India, Ph:+91-11-40511800 Email • enquiries@sandhar.in; website • www.sandhargroup.com; CIN . L7 4999DL 1987PLC029553

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SANDHAR
Growth. Motivation. Better Life
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4. Appointment of M/ s K.K. Sachdeva & Associates, Company Secretaries, as the scrutinizer for E­ Voting and other related work to be undertaken at 30th Annual General Meeting of the Company to be held for the Financial Year 2021-2022. A Brief profile of M/ s K.K. Sachdeva & Associates, is enclosed herewith and marked as "Annexure - B".

In compliance with regulation 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the above information will be made available on the Company's website www.sandhargroup.com

You are requested to take note of the same. Thanking you,

lmologies Limited /

< K alik ompany Secretary & Compliance Officer

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Encl.: As above

Sandhar Technologies Limited

Corporate Office : 13, Sector-44, Gurugram-122002, Haryana, lndici. Ph:+91-124-4518900 Registered Office : 8-6/20, Local Shopping Complex, Safdarjung Enclave, New Delhi- 110029, India, Ph:+91-11-40511800 Email - enquiries@sandhar.in; website - www.sandhargroup.com; CIN - L74999DL1987PLC029553

Chartered Accountants

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BS R & Co. LLP

Building No.10,12Ih Floor, Tower-C, lt!1e1mur1t:: -.::.,1 l.c.4, 1� 1000 DLF Cyber Crty, Phase-II, r::iv •fi11�"1/.15R�1� Gurugram - 122 002, India

Limited Review Report on unaudited standalone financial results of Sandhar Technologies Limited for the quarter ended 30 June 2022 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

To the Board of Directors of Sandhar Technologies Limited

1. W0 have reviewed the accompanying Statement of uI1audlted standalone financial results of Sandhar Technolo�ies Limited ("the Company") for the quarter ended 30 June 2022 ("the Statement").

2. This Statement, which is the 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 Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Our responsibility is to issue a report on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241 O "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 is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

4. Attention is drawn to the fact that the figures for the three months ended 31 March 2022 as reported in these unaudited standalone financial results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.

5. 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 applicable accounting standards and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed,

Registered Office:

BS Rill, CO (a p4Hllt'BW(J fl�m 1'1l1h �001!Mlfalion No. BA6l:l�) r.tM1\lttr1ed into 8 S Ft ii. Co LLP (a Lim!•' U11t>lily P,11,1,rnt•p"tu, LLP R�olstration No. AAl).S111) W.11! cttect frn,nOr.tober 14, 2013

14111 Floor, Cenlral 8 Wing amt North C 1/Vlng, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East). Mumbai• 400063

BS R & Co. LLP

or that it contains any material misstatement

For B S R & Co. LLP Chartered Accountants

Firm's Registration No.:101248W/W-100022 SHASHANK AGARWAL AGARWAL 13:12:53 Date: 2022.08.03+05'30' Shashank Agarwal SHASHANK Digitallysigned by

Partnor

Gurugram

03 August 2022

Membership No.: 095109 UDIN:22095109AODHRG6844

_l

Sandhar Technologies Limited

$At'�(). Ln..R

CIN: L74999DJ.1987PLC029553

lkgd Office: D - 6/20, L.S.C. Safdarjung Enclave, New Delhi 110029 Tel: 0124 - 4518900> E-mai1: inve1uors@saodhar.in 1 Website: www.saodhargroup.com

STATEMENT OF UNAUDITED �T�DALONE HNANCIAL RE Sr No. Revenue (roru ovtntioas Otnincum Totl inconic (1+2) Ex�nsu (a) Coit of ma1crils consumed Particul.u·r (b) Change& in invcnLorics of fnubcd co• 10d wor-in-progttss (c) EpLy« bcodi1s cx�nu (d) Fi■occ C05la (c) Deredaton and amor■rioo u�usc (f) Oter CXJDM! Totalcxp<nses Ptoft from opcnrioo, bdott acerioml ilnll and (U (l 4) Excqtlit� Proft frm open Dons afel ccptoo.l itn and before W (S-) Taxcxpann (a) Cuf tax (b) DefPrld UX Toul 1n: expenses Nci profi t aler tax (7-8) JO Othtr com prclnsive income/ (In•) a) hcm1 Il will out be rcclnilicd to lhc ,ccemcnt of proft aad losl i LoH oa ttmcuurcmcnt of dcrwcd benefit oblg:ton ii) Jncome t rd.ring to the aboY Toi.1 Qthtt compttbco1ivc lots fr Ibe period/ ya,(• (i+i)) 11 Toul comprd.enffl: income/ (loss) Cur cC perio/ ycu (+lO) 1 Paid up equity 1h,c capiul (Fac valu of� 10/· prabuc} 13 Totl recrtt 1- Emi• Per Share (EPS) (Face n.Jue of l 10/. per shre) (not 1nnuat !or quu ) (a) Bae (In Ru�) (b) Diut,d (la Rupo)	SUl.l S J t	FO	R THE Q	UA	UA	UA	UA
		O J11 .ln•a
			U" 2011 uditcd 57,•JS} !. 141S S7.11.09 _\9,681 4		11 Marcb 1011		JO June l Un-auit
					Aulitcd Cttfer note 5) 57.}108: ., . S7J9J 2~~-~~ 39,180 80
						9J 2~~-~~ 180 80
			(39141) 6.73271 3(,0 49 2,15281 6.4941 SS�1 IS		6, 1, G, 50	22192 237 74 355.0G ?9128 398.9,f 85 7♦
	�		l,�-1**~~1~~- 3.07.55 110.3 25.94 _2, __7_i, 62084 745 64 (34 82) 12 7. S.02 88 37 L579.92 2.02 82 (8814) (98.21 H 1a ICJ; (65,%) QJ.49)**
			L51U6 1955.33 ,;,01v.0--� fOl".1 T ,.,, 2.6Z ).!,

For and on behaU of the Board of DiKcton ,I S,mlbin Ttthn.t•�in Uno IC�

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t'wu I Gwu,n..m D.J�.JAu.r1u1 ... m

Chartered Accountants

BS R & Co. LLP

Building No 10,121h Floor, l ower-C, DLF Cyber City, Phase-II, Gurugram - 122 002, India

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Limited Review Report on unaudited consolidated financial results of Sandhar Technologies Limited for the quarter ended 30 June 2022 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To the Board of Directors of Sandhar Technologies Limited

1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Sandhar Technologies Limited ("the Parent"}, and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") and its share of the net loss after tax and total comprehensive loss of its joint ventures (including subsidiary of a joint venture company) for the quarter ended 30 June 2022 ("the Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations').

2. 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 Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Petformed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. 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 become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

4. 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.

5. The Statement includes the results of the entities mentioned in Annexure I to the Statement.

6. Attention is drawn to the fact that the figures for the three months ended 31 March 2022 as reported in these unaudited consolidated financial results are the balancing figures between audited figures in respect of the full previous financial year and the published ye,ir to ci;:ite fig1 ires 11p to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year l1c:1tl unly bet:m 1eviewed and not subjected to audit.

7. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the 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 the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard 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.

Registered Office:

14th Floor, Central B Wing and No1th C VVi110. Nesco IT Park 4, Nesco Center, Western Express Highway, Gorcgaon (Easl), Mumbai- -400063

BS R & Co (a partnership firm with Reg1slralion No BA61223) converted into BS R & Cu LLP (a limited Liability Partnership with LLP Registration No AAB-8181) with eUect trom October 14. 2013

BS R & Co. LLP

1. We did not review the interim financial information of five Subsidiaries included in the Statement, whose interim financial information reflect total revenues (before consolidation adjustments) of Rs 9,984 26 lakhs, total net profit after tax (before consolidation adjustments) of Rs 167 lakhs and total comprehensive income (before consolidation adjustments) of Rs 195 44 lakhs for the quarter ended 30 June 2022, as considered in the unaudited consolidated financial results The unaudited consolidated financial results also include the Group's share of net loss after tax (before consolidation adjustments) of Rs. 120.57 lakhs and total comprehensive loss (before consolidation adjustments) of Rs. 119.58 lakhs for the quarter ended 30 June 2022 as considered in the Statement, in respect of three joint ventures, whose interim financial information have not been reviewed by us, These interim financial information have been reviewed by other auditors whose reports have been furnished to us by the Parent's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and joint ventures, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

Our conclusion is not modified in respect of this matter

1. These subsidiaries are located outside India whose interim financial information have been prepared in accordance with accounting principles generally accepted in IFRS and which have been reviewed by other auditor under generally accepted auditing standards applicable in IFRS. The Parent's management has converted the interim financial information of such subsidiaries located outside India from accounting principles generally accepted in IFRS to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Parent's management. Our conclusion in so far as it relates to the balances and affairs of such subsidiaries located outside India is based on the report of other auditor and the conversion adjustments prepared by the management of the Parent and reviewed by us.

Our conclusion is not modified in respect of this matter.

1. The Statement includes the interim financial results of seven Subsidiaries which have not been reviewed, whose interim financial results reflects total revenues (before consolidation adjustments) of Rs.1,806.51 lakhs, total net profit after tax (before consolidation adjustments) of Rs. 19.97 lakhs and total comprehensive income (before consolidation adjustments) of Rs. 19.97 lakhs tor the quarter ended 30 June 2022, as considered in the Statement. The Statement also includes the Group's share of net profit after tax (before consolidation adjustments) of Rs. 0.43 lakhs and total comprehensive income (before consolidation adjustments) of Rs. 0.43 lakhs, for the quarter ended 30 June 2022 as considered in the unaudited consolidated financial results, in respect of tour joint ventures, based on their financial results which have not been reviewed. According to the information and explanations given to us by the Parent's management, these interim financial results are not material to the Group. Our conclusion is not modified in respect of this matter.

For B S R & Co. LLP Chartered Accountants

Firm's Registration No.:101248W/W-100022

SHASHA[N ][KDlgltallysigned by] SHASHANK AGARWAL AGARWAL 13:13:29 +05'30' Oate:2022.08.03

Shashank Agarwal

Gurugram 03 August 2022

Partner Membership No.: 095109 UDIN:22095109AODHXK4211

BS R & Co. LLP

Annexure I

List of entities included in unaudited consolidated financial results

Annexure I List of entities included in unaudited consolidated financial results	Annexure I List of entities included in unaudited consolidated financial results	Annexure I List of entities included in unaudited consolidated financial results	Annexure I List of entities included in unaudited consolidated financial results	Annexure I List of entities included in unaudited consolidated financial results	Annexure I List of entities included in unaudited consolidated financial results
Sr. No Name of component > -- 1 Sandhar Technologies Limited							Relationship Parent Company
2		Sandhar Technologies Barcelona S.L.					Subsidiary Company
3		Sandhar Strategic Systems Private Limited.					Subsidiar Company (under strike off)
4		Sandhar Tooling Private Limited					Subsidiary Company
5		Sandhar Auto CastingsPrivate Limited (formerly known as Sandhar Daeshin Technologies Private Limited)					SubsidiaryCompany(w.e.f1 October 2021 Joint Venture Companyupto 30September 2021)
6		Sandhar Auto Electric Solutions Private Limited					SubsidiarCompany(w.e.f 6 January 2022)
7 8		Sandhar Technologies Poland sp. Zoo Sandhar Technologies de Mexico S de RL de CV					Step-down subsidiary Company
							Step-down subsidiary Company
9	Sandhar Technologies Ro SRL Breniar Project S.L						Step-down subsidiary Company (w.e.f 4 March 2021)
10							Step-down subsidiary Company (Liquidated on 23 April 2021) Step-down subsidiary Company (w.e.f 28 December 2021, Subsidiary of Joint venture Comr,my11rto ?7nPrPmhFff 2021) Step-down subsidiary Company (w.e.f 28 December 2021, Subsidiar of Joint venture Companyupto27December 2021) (under strike off)
11	Sandhar Auto Electric Technologies Private Limited (formerly known as Daewha India Private Limited) Sandhar Autotech Private Limited Sandhar Engineering Private Limited
12
13 14			Engineering Private Limited				Subsidiary Company(w.e.f14 October 2021) Subsidiary Company (w.e.f. 28 December 2021, Joint venture Companyupto27December
		Sandhar (formerly Systems	Automotive Systems Private Limited known as Sandhar Daewha Automotive Private Limited)

BS R & Co. LLP

15 16 17 18	2021) -- KwangsungSandhar Automotive Systems Private Subsidiar of Joint Venture Limited Company Sandhar Han Sung Technologies Private Limited Joint Venture Company Jinyoung Sandhar Mechatronics Private Limited Joint Venture Company Sandhar Amkin Industries Private Limited Joint Venture Company Sandhar Wetron Electronics Private Limited Joint Venture Company Kwangsung Sandhar Technologies Private Limited Joint Venture Company Sandhar Han Shin Auto Technologies Private Limited Joint Venture Company Wnnercom Sandhar Technologies Private Limited Joint Venture Company Sandhar Daeshin Auto Systems Private Limited Joint Venture Company (under strike off) Sandhar Ecco Green Energy Private Limited Joint Venture Company (Under voluntary liquidation)	2021) -- KwangsungSandhar Automotive Systems Private Subsidiar of Joint Venture Limited Company Sandhar Han Sung Technologies Private Limited Joint Venture Company Jinyoung Sandhar Mechatronics Private Limited Joint Venture Company Sandhar Amkin Industries Private Limited Joint Venture Company Sandhar Wetron Electronics Private Limited Joint Venture Company Kwangsung Sandhar Technologies Private Limited Joint Venture Company Sandhar Han Shin Auto Technologies Private Limited Joint Venture Company Wnnercom Sandhar Technologies Private Limited Joint Venture Company Sandhar Daeshin Auto Systems Private Limited Joint Venture Company (under strike off) Sandhar Ecco Green Energy Private Limited Joint Venture Company (Under voluntary liquidation)	2021) -- KwangsungSandhar Automotive Systems Private Subsidiar of Joint Venture Limited Company Sandhar Han Sung Technologies Private Limited Joint Venture Company Jinyoung Sandhar Mechatronics Private Limited Joint Venture Company Sandhar Amkin Industries Private Limited Joint Venture Company Sandhar Wetron Electronics Private Limited Joint Venture Company Kwangsung Sandhar Technologies Private Limited Joint Venture Company Sandhar Han Shin Auto Technologies Private Limited Joint Venture Company Wnnercom Sandhar Technologies Private Limited Joint Venture Company Sandhar Daeshin Auto Systems Private Limited Joint Venture Company (under strike off) Sandhar Ecco Green Energy Private Limited Joint Venture Company (Under voluntary liquidation)
19 20 21
22 23 24
25		Sandhar Han Shin Automotive Private Limited	Joint Venture Company (under strike off)

Sandhar Technologies Limited

SANDI LAR

CIN; L74999DLJ987PLC029553

Rcgd. Office; IJ - 6[/] 'lJ , I..S.C Safda[rj] ung Enclave, New Delhi 110029

Tel: 0124 - 4518900, E-mail : invcstors[qzJ] sandhac.in, Websit(' : '\1· ,vw.sandhargroup.com

	SANDI LAR Rcgd. Office; I - 6/' , I..S.C Safdarung Enclave, New Delhi 110029 Tel: 0124 - 4518900, E-mail : invcstorsqJsandhac.in, Websit( : ' ,vw.sandhargrup.com	SANDI LAR Rcgd. Office; I - 6/' , I..S.C Safdarung Enclave, New Delhi 110029 Tel: 0124 - 4518900, E-mail : invcstorsqJsandhac.in, Websit( : ' ,vw.sandhargrup.com
	-------------s"T"A"T,E"A°fE"N=r:o",'-- ., A-:1-l")l I W CONSOUDATED flNA"CIAI. RE,1 Lr, FOR THE QUARTER ENOUJ .1U JL:NE 2022 Sr No. Parrulars Comolida1ed (fil bkhs, CM'. Pf per equity ! rc da1:) 1 --------- --, -------- -- Q .:.: nJdrd '•lr•irl lOJ■oclOlZ JI lhrcb 20Zl JOJuM.021 .31.," -""' ""'-- Un-audited Auited Uo.di1o Audilcd 1 .------------------------------+-------- -.(". c D;"6. - -------1 ------		I I I
I	Rcvcol fom oprlions Othcrinome Tot.l income (1+2) Expiucs (■) Conofmakriahi cooswncd (b) Chaoc■ in inven1orics of f ■hcd goods 1o v-ork-in-progrel {i) Emplyee bcndil! expnse (d) Fin1ncc COfIS (e) llcprecaton and amortuatoo c�pmc (() Other cxpcmc1 TolalexpN Proft from opc,atons befre excptional irem, 1han of lo1s in joint vcoturc, an ta� (l-4)	(J7,5(J)7 2¥1:'; 67,80�_ 4,(9211 (1,529 31) 9,0WJf 71206 2JUn 11 L0,-.\083 65 6 49.19 .t&U& l>iU57bJ l?l 63 6R.S49'6 43,.B652 (1Ti5t, 8,68897 611'8 2,(5f,,() 10,242fJ 65� l.19 1 41,IJ07l2 16(111 (1.167,43 2\81? ?3 (81903; G.9520K JJ :2 2,JP5.73 7,8')6' .,, • .,J.O 495.43 2.32.l7l!:B 698 11 1,43,t9'J-7 (2,36 8) ll,8J6'7 1.771 03 lO,l ll 2� :8,81 2� 9.26.69*
	Esceptonilcm Proft fom opntor afr exceptonl ittm, 1bre or lo:� in jint venlu r bdo1e laX (5-7) Tne (a) Cu�nl tax (b) Dtfent we	- ll.85 117601 691 87 (8725. 1ID.S6 Z. :u.w.9 967 35 10907 _263 176 8 (2680> r•11 110 . . � 2,M,342 (11211)
	10 Net rro6r afr tax (�9) tl Olcr comprehnsive income/ () a) [�ml ct wil DI b recbsifcd to the Sllcmtut 0£ prft ao lss i) Ls, OD rem�uuremtnl 0£ dcfmcd benft ohliatou U) Jucmc tax rcbtinro th ibove iii) Gain OD acquiition or eq Wty intc�st i fit veutuie iv) Income tas .elatng t t aho>c b) l1cm1 tt wil b �cluaifcd to the 1ta1cmcut of profl ao Ion i) Exchane dilcrucct in uoc lh f a sttcmctl offrrgn oprtona li) Iocomt wi 1cbdug tl I� ab Totl othr comprbave i mc/ (l) for th pr/ )c-I (a+h) 12 Tot com�0dff �ml fr d pod/ yeu (10+11) Proft anributbL &: - O of 1 Compny • Noa snmlUnw i1rut Other cmprebw income attrhntbL 1: • OWn o( t Comrny - Non-conto. iatt Tol cmprebn i attrbutbl L; Onen of tho Compl - Noocliog ioterc1t 13 Pti u eq_Wc &bre capitl (Face Yalu ofB' 10/ . pr ■har) 14 TotlrHm t 15 Fami1 Per Shue (RPS) (Face ,,aJuc of l10/- pr shre) (om aanuad fr qucr) (a) BHic (ln Ru •) (b) Diluted (In Rup 1}	60462 ~~~~1• L.i<I 2218 j792 f9, /!U:1 Ull� 1,.97 242 1.7139 (37.52) 137.!2 1,M• 2.42 1.8 6-ll? 2.11 2.11 1,076,42 1,?tR.!? ni,111 2875 418 [J04�\ (5.01 1 ' 4.6 1,749.63 18.9' 1.768.57 c,2021 (t91_ {54,Qf ])697,61 16.95 1,71436 611.01 l.24 3.4 (34.11� 211.21 tl,tN•• }398 .... _(L112_ (49,6 ~~Z~~551.JI 5,92.'3 78.17 (l.lll 071 489.85 �L•_• ------•� . _2_7 - 22.35 5,72.87 (Jl.14) 2,f 211.21 •;!9" (49 66) 491.84 19) H?.m 4Ul 17J.61 6,064.71 (Ulf-- 180 161.55 ·=· i.Olfl !10.0l 79.875.0 0.3• •. 29 0.5 • .

Nntea; The abo>re statement o(uoaud.ilcd c.on.ulidaud flnanciaJ tHulb ([1] 1hc Slatemcnt') for the quancr ended 30 J1111t 2022. hive been. reviewed by lhc Aud. Com.mittt'c and app,ond by the Board of Directors al their mttliog hdd oa 3 ng AllglW' 2022. The ume along '\lnth I.he report of thr Slatulory 2uditoT bas b n filed with the Bombay Stock Escbaogc (BSE) am.I NabDD. SUK:k Exclta e (NSE) and ls also availiblc on � Company's websltc at www.n.ndbargroup.com. 1.'bc unaudited comolidatcJ f102DCi.al IUlllb have been prepared in accordance wilh the recognition and mearutemcot principle• of the lndi.a.n A.ecouotiog Standa.rdl ('Ind AS') prcscribro I.Ulder Steti or 1l3 1k Companie, Act, 2013.

Noice : Cootiuu.cd

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(v ) 52.odb.ar Tcdmologin de Mc�ico S de RL dt- CV - lilcp-down sub11idiary
(,iii) Saodhar Te..::hnologic-111 Ro SRL - 11cp-dowu Qllluidi:uy (w cf 4 March 2021)
(ix) Dl'ltoiu Proj r SL- 111c-p-Ll°""-n 1 1b11idia')· 11.Jqu.id.ucd on 2\ April 2021)
(r.) SaodhM Auto Ekctric rc:chuolug.c1 Pri\&IC T..lluitrd (formerly known u Dacwha India Prin.te Limih.-d- i;rcp-down sulisidiiuy) (w cf. 28 Dt.ermbc, 2021)
(Subsidiary of joint vcolUff upto 27 Dcccmbu 2021)
(Ki) Sandbat Aolotcch PriV21e limited- ntp-Juwn rrulMiidW)' (. c.r. 2R December 2021) (Suht.idi:.uy or joiu1 \'conuc uplo 27 December 20.Zl) (uoLlc1 litrikt" oR)
(xii) S� EnguKniug Priutc Limited- 1ulmdiary (w.c.{. 14 October 2021)
(niJ) Sandhar Automotive Sy11cmv Priv .. c 1... nitcd (formrrly known :u SI.Ddbar Da..:wba Aulo1Do1ivc Sysrrm11 P1i\·a1c Limiccd- subsidiary) (wt r. � De. inbcr 2021)
Qoi.ntvcnturc company upto '1:7 December 2on)
b) Joi..ntVe11nuu (ii) SaudMI' Bcco Grrco E:D£rff Private Limhed (wider ,-oluutuy liquiMrion) (i) �ndhu Han Sung Tcchoologin Privalr Limited
(iii) Ji. ung Sandbar Mccba11ooic, Private Limited
(iv) Sandbar Am.kin lndwurlu Privarc Limited
(v) Sa.odbar Daeshin A.uto Sy1rcm11 Privacc l.imit.cd (u.ader ,oikc. off)
(vi) Saodlur Whettoo Ekctrooics Priviuc l.imi1cd
(vii) Kwangswig S.odbar Technologies Priva1c Limitcrl
(VUJ') Sand.bar Hao Sbio A.um Tt"cbook>giet, Private Umilro
(iJr.) WUIDCroo.o11 Sandbar Tccbnolo, a Private Limited
(x) S1nt.lbar Hao Sirin Auu,1motivc Priv-.ate l..imikll (uJ1Jcr ,uikc uff)
c) SublLidiary of 11, joi1u venll.lNI comp.any - (i) J(waogeuag: Suuth.lr AulomoM"C' Sf1�m11 Priva,c l.imi1cd
Refer A:nncxUJT ] to thr- S1•tcmcnt for diacloswe with respect to &egmeot revenue, at!gmcnt �,uln and aegmedl usell and liabilities for the quarter ended 30 Jum 2022.
The Atuation of Covid-19 pandemic is continuously evolving The i.mp11.ct aHesaed may be different from the c1timates. made u •l the dalt of approval of these 1111audittd fi ial result, and rn■nagcrncot -.iU cootin11t to
monitor •oy maleria.l ch.angc5 ariiri.og due lo I.hr impact of lWII paadcmic on financial and ope:rational performance: of the Group ■ad take n«c11sary measdtts to ■ddrcsa the aitu.Ation.
� Board of Di,ectors at it& Muting held oo 18 May 2022, b recommended a final dividend @ 2L5% i.r. Ra. 2.25 per equity shaft", T� daLN of thc Book closun- for the cotidc:mcn, of such dividend and AllDu.al Ge11rral
Meeting WU be deci and iofonoed i..n tluc coune of runt. I
Figurc5 of Lbe qwutcr ended 31 M.arch 2022 arc tht bahnciog figwt:s benr. [.] 11 audin·d figutt& of the full financial year coded 31 March 2022 and publi5hcd ,·ear 10 date figures up1o 31 Drccmbc, 2lt21. bring the dale uf the cod uf
the third q1.1.anc, which ha,� b 11 i-rvicwcd by the SbNtolJ' ■uditor.
The Sl&DdaJ �nlfll oft.he Company arc av,&Wblr on the Company's website w undrulrgrour,com. 'Jne keyu:1.adaJo. rimncial information of the Company i& po. bckl,w:
Qtl&Wl allld�tl \"urrAdi:-11
Paniculan .JOJ.i-tolJ llAl•t'U·lOU l4Jullc )011 Jll.l.m·l OU.
1 [1] 1H11ctl,rd ,�,,,� (T .... �IW'd ,A1iitrlrd
Kn�::ulll. frmn �.-.r -, 51.on.JJ f1.11JJJ,} 1.!!r��
hvt..t tdlJff' Ill 2.l&U4 [1.11'1.I? ] %Z_J 8,6.31.67
;:w [1] :M pnfoJ] rn, -- 1.S"li/JJIM.OZ 2.llil l�.31 .U ff.U ;uo -= 2.418.99 6.142,611
��,,�t.WW!Uir.,nd:ofmL-omt"tL'- t'-1.� 17Hlll /l!ll (22(),43\
Ti1t�I COJJIJ,tThcoaJ,e iacome rcu dw 11uiud/ ru, 1,;tJ.? USUJ 11.11')1 5,922.25
For aodon h-c:halfofthr Board ofDirecton 1,.f
M.udhar Ttcbnologie& bm• "
I r-
,,10'!:I t_;-.�111,.::=iaa ... �-IIU I£� Q.hi�� It
!.�l!!:_-fO
----- End of picture text -----

			Sandhar Technologies Limited CIN: L74999DLl9871LC029553 Regd. Ofce: B - 6/20, L S.C. Safdaruog Enclave, New Deli 110029 Td: 012 - 45189 , E-mail: iuvrstors(i'sandar.io, Website: v•ww �andh:ngroup.com						I I
		Annrxur( I - Segment reveoui, Segmcor r<sulls and Segment assnll; .nd liabiUc1 For th. qu.r1cr coded 30 Jwu· 2022
I	S�ent rcea1e "Jlnd Re.e,111< frm opu,1tion	Putcub�	\l-t U"••JJnJ 57/XJt7 '.)28,QJ 675.7	Quaner ended ft i 1kfo) U Muk-' s:-.g-0,J l!4711, ~~. ~~u.1.i	I	l13I-.JIJI \1,lM.47 (J_\40H' U.07 Jl	Y· . ti•_ (� ,n t . k1111 l,'5,'<,77. )70J . F, _2.370.2.l
2	Scgmeor ,cauh' (proft/ (In) hcfre c.111, cxccpOOoal item� a)lndu		aod ioterttt fm1 co«b scpcn1J � IZi◄O 4(,267 2.53807	1,1'}4- liBi J_i67.8J		{l◄8l; S98 IG s&.ll		f,P'11S 1,54:0� 10,lY-6.U
	a) ln•c: . 1:(ll:u11c<:cnst) b) Exceptio:11. 1L-mr		712.06	611 \l Jh)8		}1(52
	Pn,ltbefor L			2.8'4.9		�
J	Sawc&UQIb :) Jndu. b) Etvpc Totalaneu			l.◄9,76969 t,II,542GI -772511 419HB 04 i.'-�lt �I L� +---- ="			1,4�,7!9 {,') - .ns11 -- •·97·514.8
4	Sgent libilitu a)Jndu bJ Euo� TorWbi in		7!,'297' .)( /� 2� UtlJ	(8,721 t6 J]"11(f 1,11wJ		)5,616 V f/\j tJ :.-		c,::1% -'25\IM 1u-.,l
S	Carital emplyed (�gret aaera IH' Sgro11i•hiice) .) loon b) hWo ] oW capital eployed		6',106. S40S9 --___",!__	6l,l67lB ~~�w�~~	�	7.,-1197 5.091◄ !"�		ll,l-'6'iH 5.213- �'fL

ANNEXRE-B

BRIEF PROFILE OF K K SACHDEVA & ASSOCIATES

Based in New Delhi K.K Sachdeva & Associates, is a sole proprietorship firm engaged in rendering the services in the areas of Corporate Laws, Security Laws, Registration of Companies, Partnership Firms, Societies, Trusts, NGOs, Legal Consultancy, Intellectual Property Rights, Statutory Compliance Audit etc. It is the philosophy of our firm to be proactive to our clients[1] requirements and provide widest spechum of corporate services 1mder one roof.

The firm is led by Mr. K.K Sachdeva, fellow Member of the Institute of Company Secretaries of India possesses more than 26 years of post-qualification experience as a full time practicing Company Secretary. His expertise includes compliance audit of private and public sector units, SEBI inspection due diligence of companies.

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