SECUREKLOUD TECHNOLOGIES LIMITED — Interim / Quarterly Report 2021

Nov 6, 2020

Ref: 8K/CHN/2020-21/E052

November 06, 2020

Ref: 8K/CHN/2020-21/E052
November 06, 2020
National Stock Exchange of India Limited	BSE Limited.
Market — Listing, ExchangeCapitalPlaza,	5th 25th Floor, Phiroze Jeejeebhoy Towers
Block,Floor,PlotNo.C/1,G	Bandra-Kurla Dalal Street, Fort
Complex, Bandra (E), Mumbai 400 051	Mumbai 400 001
EQ- 8KMILES — ISIN NO- INE650K01021	Scrip Code: 512161 - ISIN NO-INE650K01021

Dear Sir/Madam,

Sub: Intimation on the outcome of the Board Meeting held on November 06, 2020 and disclosure under Regulation 30 of SEBI Listing Regulations and as specified in Part A of Schedule II! of SEBI (Listing Obligations and Disclosure Requirements) Requlations, 2015. (SEBI Listing Requlations)

Ref: our letter no. 8K/CHN/2020-21/E50 dated October 29, 2020

The Board of Directors at their meeting held today inter alia considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2020 and change of name of the Company.

1. Unaudited financial results:

Unaudited financial results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2020.

We enclose copies of the following as prescribed under Regulation 33 of the Listing Regulations:-

• e The detailed format of the unaudited financial results (Standalone and Consolidated) being submitted as per the listing regulations. The said results will be uploaded on the websites of the Company;
• e Limited Review report from the statutory auditors, M/s. K. Gopal Rao & Co., Chartered Accountants, for the Financial Results (Standalone and Consolidated) for quarter and halfyear ended September 30, 2020; Press release about the above financial results being released for publication.
• e =Extract of Un-Audited Financial Results to be published in newspaper pursuant to Regulation 47 of Listing Regulations.

2. Name change of the Company:

As a "Born on Cloud" company and focussing on Cloud Transformation with robust Security and Compliance for highly regulated industries, we would like our name to reflect our competency and expertise in cloud. To this effect, it was recommended to the Board to change the name.

The Board in its meeting held today at November 06, 2020, approved the change of name of the Company from '8K Miles Software Services Limited' to SecureKloud Technologies Limited or SecureKloud Solution Limited, subject to approval by the shareholders of the Company by way of Postal Ballot, Ministry of Corporate Affairs, stock exchanges viz., BSE Ltd. and National Stock

#5, Cenotaph Road, II Floor, Srinivas Towers, Teynampet, Chennai - 600 018 © +91 4466028000 +91 44 43009049 x contactus@8kmilessoftwareservices.com CINNO. L72300TN1993PLC101852 www.8kmiles.com

Exchange of India Limited and other necessary approvals, if any. The Company will apply for name availability to the Ministry of Corporate Affairs.

Your office may please note that the Memorandum and Articles of Association of the Company and other statutory registrations, bank records etc. will also be amended, subject to approval of the shareholders and other necessary approvals, to give effect to the name change.

The Postal Ballot Notice and other relevant information/documents & the application for seeking approval of name from Stock Exchanges shall be made in due course.

The meeting of Board of Directors commenced at 9:45 A.M (I.S.T) and concluded at 10.25 AM

Kindly take the above information on record and acknowledge receipt.

Yours Truly, For 8K Miles Software Services Limited

Mh ;

G Sri Vignesh Company Secretary Membership No: A57475 Encl: a/a

#5, Cenotaph Road, Il Floor, Srinivas Towers, Teynampet, Chennai - 600 018 © +91 44 66028000 @ +91 44 43009049 & contactus@8kmilessoftwareservices.com CINNO. L72300TN1993PLC0101852 www.8kmiles.com

INDEPENDENT AUDITOR'S REPORT ON REVIEW OF UN-AUDITED QUARTERLY RESULTS

TO THE BOARD OF DIRECTORS 8K MILES SOFTWARE SERVICES LIMITED

We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of 8K MILES SOFTWARE SERVICES LIMITED ("the Company'), for the Quarter and half year ended 30th September, 2020 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/CMDI/44/2019 dated 29" March 2019 ("the Circular")

Management's Responsibility

The Management of the Company is responsible for preparation of the Statement 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 read with relevant rules issued there under and other accounting principles generally accepted in India. The Board of Directors have approved the Statement.

Auditor's Responsibility

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 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 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.

Emphasis of Matter paragraph

We draw your attention to the 32% increase in receivables (due for more than one year) from overseas subsidiary 8K Miles Software Services Inc., a related party, from Rs 1,334.32 lakhs (31st March 2020) to Rs 1,766 lakhs (30th September 2020). Immediate action is suggested to realise the overdues to improve the liquidity and avoid interest on working capital.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

For K. Gopal Rao & Co. Chartered Accountants FRN: 000956585

Wer

CA Bashyakar Mattapalli Partner M Number: 015932 UDIN: 20015932AAAAAS8383

Place: Chennai Date: November 62020

Branches :

• ~ Mumbai «» Madurai
• * Bengaluru + Tiruchirappalli
• * Hyderabad * Tiruvallur

Registered Office :

21, Moosa Street, T.Nagar, Chennai - 600 017. © 45522032 / 24343639 / 42128955 / 24342563 (M) 9840053053 / 9840063269 / 9840873269 ® www.kgrca.in & madan@karca.in

Second Office :

2, South Dhandapani Street, Meena Arcade Ground Floor, Off: Burkit Road, T. Nagar, Chennai - 600 017. © 4212 9770 / 4212 8955 kgrcas@gmail.com, raju@karca.in

8K MILES SOFTWARE SERVICES LIMITED (CIN: L72300TN1993PLC101852)

UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30™ SEPTEMBER 2020

	Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30™ SEPTEMBER 2020		(CIN: L72300TN1993PLC101852)
			Quarter ended		Half year ended		(Zin lakhs except EPS)Year ended
S.No.	Particulars	30 Sep'20Unaudited	30 Jun'20Unaudited	30 Sep'19Unaudited	30 Sep'20Unaudited	30 Sep'19Unaudited	31 Mar'20Audited
1	[Income
	a) Revenue from operationsb) Other income (including foreign exchange gain / (loss)Total income	1,031.78(121.96)909.82	1,400.7147,221,447.93	1,108.160.701,108.86	2,432.49(74.74)2,357.75	2,111.381,382,112.76	4,245.67303.174,548.84
2	Expenses
	a) Employee benefits expenseb) Finance costs	728,85216.91	546,08202.31	507.48229.13	1,274.93419.22	986.81464.79	1,833.73920.21
	c) Depreciation and amortization expensed) Other expenses	12.89139.45	6.0383.01	7.84133,35	18.92222.46	13.89262.52	31.852,277.07
3	Total expenses[Profit / (Loss) before exceptional items and tax (1-2)	1,098.10(188.28)	837.43610.50	877.80231.06	1,935.53422,22	1,728.01384.75	5,062.86(514.01)
45	Exceptional items Profit / (Loss) before tax (3-4)	-(188.28)	-610.50	=231.06	-422.22	7384.75	18.41(532.42)
	6 Tax expense	(63.90)	176,72	80.76	112.82	130.77
	- Current tax (including prior period)						:
7	- Deferred tax Net profit / (loss) for the year (5-6)	(1.60)(122.78)	(6.88)440.66	(16.47)166.77	(8.48)317.88	(22.25)276.23	(7.18)(525.24)
8	[Other comprehensive income /(loss)Items that will not be reclassified to the statement of profit and
	Loss(a) Actuarial gain / (loss) on defined benefit obligation	(2.95)	*	(7.90)	(2.95)	(7.90)	(2.78)
	(b) Income tax relating to items that will not bereclassified to the statement of profit or loss	B	2	=	a		'
	Total other comprehensive income / (loss) (Net of tax)	(2.95)	-	(7.90)	(2.95)	(7.90)	(2.78)
9	Total comprehensive income / (loss) for the year (7+8)	(125.73)	440.66	158.87	314.93	268.33	(528.02)
10	Paid-up equity share capital (Face value of Rs. 5/- each]Number of equity shares	1,525.883,05,17,605	1,525.883,05,17,605	1,525.883,05,17,605	1,525.883,05,17,605	1,525.883,05,17,605	1,525.883,05,17,605
li	Reserves (Other Equity)Earnings per equity share (EPS) [Face value of Rs. 5/-						6,746.55
	each](a) Basic EPS	(0.40)	1.44	0.55	1.04	0.91	(1.72)
	(b) Diluted EPS	(0.40){not annualised]	1.44[not annualised]	0.55[not annualised] [not annualised] [not annualised]	1.04	0.91	(1.72)[Annualised]
1	Notes:The above financial results of the Company were reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on 6" November 2020. The Financial Resultsare prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder.
x	The Company operates in a single segment, i.e., "Information And Technology Services" and hence, does not have any additional disclosures to be made under Ind AS 108 - Operating
"3	Segments.Figures in the previous period financial statements have been reclassified to conform to the presentation of the current quarter financial statements. These reclassifications have no effect
	on the previously reported net loss/profit:
	Place: ChennaiDate: November 06, 2020					enkatachariéfExecutive Officer

Notes:

8K MILES SOFTWARE SERVICES LIMITED (CIN: L72300TN1993PLC101852)

UNAUDITED STANDALONE BALANCE SHEET AS AT 30™ SEPTEMBER 2020

	8K MILES SOFTWARE SERVICES LIMITED(CIN: L72300TN1993PLC101852)
	Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018
	UNAUDITED STANDALONE BALANCE SHEET AS AT 30™ SEPTEMBER 2020
			(2 in lakhs)
	Particulars	September 30,2020(Unaudited)	March 31,2020(Audited)
	A ASSETS
1	Non-current assets(a) Property, plant and equipment	65.27	57.44
	(b) Capital work-in-progress	-	-
	(c) Financial assets(i) Investments	11,982.68	11,982.68
	(ii) Loans	47	7331
	(d) Deferred tax assets (Net)	76.55	68,07
	(e) Other non-current assetsTotal non-current assets	z12,199.27	:12,181.50
	2 Current assets(a) Financial assets
	(i) Trade receivables	5,154.60	4,996.08
	(ii) Cash and cash equivalents	9.79	6.60
	(iii) Bank balances other than (ii) above(iv) Other financial assets	-5	%
	(b) Other current assets	201.12	66.91
	Total current assets	5,365.51	5,069.59
	Total Assets (1+2)	17,564.78	17,251.09
	B EQUITY AND LIABILITIES3 Equity
	(a) Equity share capital	1,525.88	1,525.88
	(b) Other equityTotal equity	7,061.458,587.33	6,746.558,272.43
	4 Non-current liabilities
	(a) Financial liabilities(i) Borrowings	7,013.68	6,405.35
	(b) Provisions	88.90	70.90
	(c) Other non-current liabilitiesTotal non-current liabilities	7,102.58	=6,476.25
5	Current liabilities
	(a) Financial liabilities(i) Borrowings	1,064.42	1,539.95
	(ii) Trade payables
	(a) Total outstanding dues of micro enterprises and small enterprises	5.94	6.97
	(b) Total outstanding dues of creditors other than micro enterpriseand small enterprises	111.04	168.03
	(ii) Other financial liabilities	508.81	444,54
	(b) Other current liabilities(c) Provisions	81.60103.06	283.9558.97
	(d) Current tax liabilities (Net)Total Current Liabilities	"1,874.87	-2,502.41
	Total Equity and Liabilities (3+4+5)	17,564.78	17,251.09
		By Order of the Board	half of the Board of Directors
			sh Venkatachari
	Place: Chennai	hief Executive Officer
	Date: November 06, 2020	DIN No.00365522

SOFTWAREMILES	SERVICESLIMITED
8KUNAUDITED STANDALONE CASHSTATEMENTFLOWFOR	YEARTHE HALF	ENDED 30™ SEPTEMBER 2020
evs	September 30,2020(Unaudited)	(3 in lakhs)March 31,2020(Audited)
I, Cash Flow From Operating ActivitiesProfit/(Loss) for the year	317.88	(525,24)
Adjustments for:Tax expenses	104.34	(7.18)
Finance costsDepreciation and Amortisation Expense	419,2218.92	920.2131.85
Loss on Sale of Property, Plant and Equipment (Net)Impairment of Investment in subsiday	241	*18.41
Income on deposits and loansGain on sale of investments	-(1.46)	(2.82)
Allowance for Expected Credit Losses (written back)Net Unrealised Exchange Gain	>-	--(263.85)
Operating Profit before Working Capital and Other Changes	78,74940.05	171.37
Adjustments for (increase)/decrease in operating assets:Trade receivables	(158,52)	2,139.30
Other non current financial assetsOther non current assets	(9.94)	(23.98)2,60
Other current financial assetsOther current assets	-:(134.21)	489,18(36.78)
Adjustments for increase/(decrease) in operating liabilities:
Trade payablesProvisions (non-current)	(58.03)18,00	(1,833.24)5.43
Other non current liabilitiesProvisions (current)	-44.09	(4.39)1.11
Other current financial liabilitiesOther current liabilities	67,19(202,35)	"164.90
Cash Generated from / (used in) OperationsNet income tax paid (including interest paid there on)	506.28(224.34)	1,075.50(185.88)
Net Cash Flow used in Operating Activities (A)	281.94	889.62
II, Cash Flow From Investing ActivitiesCapital Expenditure on Property, Plant and Equipment	(29.15)	(27.63)
Proceeds from Sale of Property, Plant and EquipmentInvestment made during the year	?	4(1.00)
Proceeds from sale of investments during the year	--	-
Bank balances not considered as Cash and cash equivalentsLoans repaid / (granted) to Subsidiary	::	::
Interest Received on Fixed DepositsNet Cash Flow used in Investing Activities (B)	é(29.15)	3(28.63)
III. Cash Flow Used in Financing ActivitiesDividend paid (including tax thereon)
Borrowings taken during the year	-640.45	-170.00
Borrowings repaid during the yearFinance costs paid	(411.00)(479.05)	(491.67)(617.91)
Net Cash Flow from Financing Activities (C)	(249.60)	(939.58)
eo/ (Decrease) in Cash and Cash Equivalents (A) + (B)	3.19	(78.60)
		85.20
Cash and cash equivalents at the beginning of the period	6.60
Cash and cash equivalents at the end of the period	9.79	6.60
	By Order of the Board
		If of the Board of Directors
		Venkatachari

INDEPENDENT AUDITOR'S REPORT ON REVIEW OF UN-AUDITED QUARTERLY RESULTS

To The Board of Directors 8K Miles Software Services Limited.

• We have reviewed the accompanying unaudited consolidated financial statement of 8K Miles Software Services Limited ("the Parent"), its foreign subsidiaries (together referred to as "the Group") for the quarter and half year ended 30% September, 2020 (the "Statement") attached herewith being submitted by the Parent Company pursuant to the requirements of Regulations 33 of the SEBI (Listing, Obligations and Disclosure requirements) Regulations, 2015 as amended ("Regulations") read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated 29" March 2019 ("the Circular").
• This Statement, which is the responsibility of the Parent Company's Management and approved by the Parent 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 the other accounting principles generally accepted in India. Our responsibility is to express an opinion 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. 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. We have performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. = °
• The Statement includes the results of the following entities:

	amended ("Regulations") read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated 29" March 2019 ("the Circular").
	Statement includes the results of the following entities:
	Sr Name of the Company	RelationshipHoldingwiththe
	8K Miles Software Services Inc, USA	CompanySubsidiary
ne] Re)	Nexage Technologies Inc, USA	Step down subsidiary
w	Cornerstone Advisors Group LLC, USA	Step down subsidiary
iS	Healthcare Triangle Inc, USA	Step down subsidiary
	8K Miles Health Cloud Inc, USA	Subsidiary
Om) uw)	Serj Solutions Inc, USA	Step down subsidiary
The	Mentor Minds Solutions & Services Inc, USA	Subsidiary
COPS	8K Miles Software Services FZE, UAE(till 29" February 2020)	Subsidiary
9	Healthcare Triangle Pvt Limited, India	Subsidiary

Branches :

• ~ Mumbai » Madurai
• * Bengaluru + Tiruchirappalli
• * Hyderabad * Tiruvallur

i Office : 1 Second Office :

21, Moosa Street, T.Nagar, Chennai - 600 017,

© 45522032 / 24343639 / 42128955 / 24342563 (M) 9840053053 / 9840063269 / 9840873269 ® www.kgrca.in & madan@kgrca.in

2, South Dhandapani Street, Meena Arcade Ground Floor, Off: Burkit Road, T. Nagar, Chennai - 600 017. © 4212 9770 / 4212 8955 © kgrcas@gmail.com, raju@kgrca.in

Si Based on our review conducted and procedures performed as stated in paragraph 3 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 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 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For K. Gopal Rao & Co. Chartered Accountants FRN: 000956585

Ts ro

GSTIN : 33AAGFK3782M1ZZ

CA Bashyakar Mattapalli Partner M Number: 015932 UDIN:20015932AAAAAT6608

Place: Chennai Date: November 6, 2020

Branches : Office : 2 Second Office : ~ Mumbai = Madurai # 21, Moosa Street, T.Nagar, Chennai - 600 017. # 2, South Dhandapani Street, Meena Arcade * Bengaluru + Tiruchirapalli © 45522032 / 24343639 / 42128955 / 24342563 Ground Floor, Off: Burkit Road, T. Nagar, * Hyderabad * Tiruvallur (M) 9840053053 / 9840063269 / 9840873269 Chennai - 600 017. © 4212 9770 / 4212 8955 ® www.kgrca.in & madan@karca.in © kgrcas@gmail.com, raju@kgrca.in

8K MILES SOFTWARE SERVICES LIMITED

UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30" SEPTEMBER 2020

		8K MILES SOFTWARE SERVICES LIMITED
	Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018	(CIN: L72300TN1993PLC101852)
	UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30" SEPTEMBER 2020
			Quarter ended		Half year ended		2 in lakhs except EPS)Year ended
S.No.	Particulars	30 Sep'20Unaudited	30 Jun'20Unaudited	30 Sep'19Unaudited	30 Sep'20Unaudited	30 Sep'19Unaudited	31 Mar'20Audited
1	[Incomea) Revenue from operations	8,903.67	8,807.38	10,867.75	17,711.05	20,041.86	38,208.48
	b) Other incomeTotal income	(86.54)8,817.13	47.22	10.978,854.60 10,878.72	(39.32)17,671.73	11.1320,052.99	434.9738,643.45
2	Expensesa) Employee benefits expense	5,217.66	5,689.58	5,401.17	10,907.24	12,301.02	21,158.40
	b) Finance costsc) Depreciation and amortization expense	314.41536.80	308.08548.37	294.16256.13	622.491,085.17	605.422,831.93	1,302.652,157.45
	d) Other expensesTotal expenses	2,422.678,491.54	2,774.489,320.51	3,468.949,420.40	5,197.1517,812.05	9,996.5625,734.93	19,903.1044,521.60
345	Profit before exceptional items and tax (1-2) Exceptional items Profit before tax (3-4)	325.59-325.59	(465.91);i(465.91)	1,458.32-1,458.32	(140.32)-(140.32)	(5,681.94)48,732.69(54,414.63)	(5,878.15)61,293.95(67,172.10)
6	Tax expense- Current tax- Deferred tax	(62.95)(1.60)	177.05(6.88)	81.1720.08	114.10(8.48)	137.97195.92	-279.06
78	+ Net profit after tax for the period (5-6)Other comprehensive income / (loss)	390.14	(636.08);	1,357.07	(245.94)	(54,748.52)	(67,451.16)
	(i) Items that will not be reclassified to profit or loss:(a) Remeasurements of the defined benefit plans	(2.95)	-	(7.90)	(2.95)	(7,90)	(2.78)
	(b) Income tax relating to items that will not be reclassified toprofit or loss						0.80:
	(ii) Items that will be reclassified to profit and loss:(a) Foreign currency translation differences		-	(10.97)		(10.97)	(2,543.10)
	Total other comprehensive income	(2.95)	-	(18.87)	(2.95)	(18.87)	(2,545.08)
9	Total comprehensive income for the period (7+8)	387.19	(636.08))	1,338.20	(248.89)	(54,767.39)	(69,996.24)
	10 Profit attributable to:
	Owners of the companyNon-controlling Interest	311.6575.55	(280.25)(355.83)	1,537.66(180.59)	31.40(280.29)	(38,087.45)(16,661.07)	(50,178.22)(17,272.94)
			=	(18.97)	(2.95)	(18.87)	(2,545.08)
	11 Other comprehensive income attributable to:Owners of the company	(2.95)			z	-	3
	Non-controlling Interest		-	7
	12 Total comprehensive income attributable to:Owners of the company	308.70	(280.25)	1,518.69	28.45	(38,106.32);	(52,723.30)
	Non-contralling Interest	75.55	(355.83)	(180.59)	(280.29)	(16,661.07);	(17,272.94)
13	Paid-up equity share capital (Face value of Rs. 5/- each]Number of equity shares	ae	1,525.68	A Beas3,05,17,605 3,05,17,605 3,05,17,605 3,05,17,605	1,525.68	Estee3,05,17,605	Abea.683,05,17,605
14	Reserves (Other Equity) - excluding any revaluation reserveoaper equity share (EPS) [Face value of Rs. 5/-						1,600.17
	eac(a) Basic EPS	1.02	(0,92)	5.04	0.10	(124.80)	(164.42)
	(b) Diluted EPSNotes	1.02	(0,92)	5.04	0.10	(124.80)	(164.42)
17	The above financial results of the company were reviewed by the audit committee and approved by the Board in its meeting held on 6th November, 2020.The Consolidated financial results have been prepared in accordance with applicable Indian Accounting Standards as prescribed under Section 133 of the
	Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 and Amended Rules, 2016.The Company operates in a single segment, i.e., "Information And Technology Services" and hence, does not have any additional disclosures to be made underInd AS 108 - Operating Segments.

~~ By Order of the Board For and behalf of the Board of Directors uresh Venkatachari Chief Executive officer DIN No.00365522 Place: Chennai Date: November 06, 2020

8K MILES SOFTWARE SERVICES LIMITED (CIN: L72300TN1993PLC101852)

UNAUDITED CONSOLIDATED BALANCE SHEET AS AT 30" SEPTEMBER 2020

	8K MILES SOFTWARE SERVICES LIMITED(CIN: L72300TN1993PLC101852)
	Registered Office: Second Floor, Srinivas Towers, No. 5, Cenotaph Road, Teynampet, Chennai - 600 018
	UNAUDITED CONSOLIDATED BALANCE SHEET AS AT 30" SEPTEMBER 2020
	Parca:	September 30,2020	(3 in lakhs) March 31,2020
		(Unaudited)	(Audited)
	A ASSETS Non-current assets
I	(a) Property, plant and equipment(b) Goodwill	311.6714,983.23	469.9313,830.09
	(c) Other intangible assets(d) Intangibles assets under development	2,921.17356.85	3,499.82356.85
	(e) Financial assets(i) Loans	75.06	73.31
	(f) Other non-current assetsTotal Non-Current assets	-18,647.98	23,0118,253.00
	II Current Assets
	(a) Financial assets(i) Trade receivables	3,867.90	5,056.74
	(ii) Cash and cash equivalents(iii) Loans(iv) Other financial assets	671.52766.35	793.44-
	(b) Current Tax Assets (Net)(c) Other current assets	=381.28	-178.90
	Total Current Assets	5,687.05	6,029.08
	Total Assets (I+IT)	24,335.03	24,282.08
	B /EQUITY AND LIABILITIESIIT Equity
	(a) Equity share capital(b) Other equityEquity attributable to owners of the company	1,525.88978.47	1,525.881,150.84
	Non Controlling InterestTotal Equity	2,504.35169.052,673.40	2,676.72449,333,126.05
	IV Non-Current Liabilities
	(a) Financial liabilities(i) Borrowings	7,081.58	4,717.20
	(b) Provisions(c) Deferred Tax Liabilities	70.89882.66	70.89891.14
	(d) Other non-current liabilitiesTotal Non-Current Liabilities	1.288,036.41	4,395,683.62
	V Current Liabilities(i) Borrowings	6,285.97	5,281.43
	(ii) Trade payables(a) Total outstanding dues of micro enterprises and small enterprises	5.94	6.97
	(b) Total outstanding dues of creditors other than micro enterprises	4,487.88	6,109.62
	and small enterprises(iii) Other financial liabilities(b) Other current liabilities	1,237.601,486.75	3,168.80846.66
	(c) Provisions(d) Current tax liabilities (Net)	121.08-	58.93=
	Total Current Liabilities	13,625.22	15,472.41
	Total Equity and Liabilities (III+IV+V)	24,335.03	24,282.08
	Place: ChennaiDate: November 06, 2020	f Executive officerChieDIN No,00365522

8K MILES SOFTWARE SERVICES LIMITED
UNAUDITED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE HALF YEAR ENDED 30™ SEPTEMBER 2020
Particulars	September 30,2020(Unaudited)	(@ in lakhs) March 31,2020(Audited)
I. Cash Flow From Operating Activities
(Loss) / Profit for the yearAdjustments for:	(245.94)	(67,451.16)
Income tax expense recognised in the statement of profit and lossFinance cost recognised in statement of profit and loss	105.62622.49	279.061,302.65
Exceptional Item - Impairment of AssetsIncome on deposits and loansDepreciation and amortisation Expense	3-	52,572.89:
Net loss/ (gain) on Sale of Property, Plant and Equipment (Net)Allowance for Expected Credit Losses	1,085.172.41:	2,157.45102.83i
Bad Receivables Written offNet Unrealised Exchange Gain	16.6778,74	1,673.50(225.26)
Operating (Loss) / Profit before Working Capital and Other ChangesAdjustments for (increase)/decrease in operating assets:	1,665.16	(9,588.04)
Trade ReceivablesOther Non Current Financial Assets	1,188.84(1.75)	12,067.757.88
Other Non Current AssetsOther Current Financial AssetsOther Current Assets	23,01(766.35)(202.37)	(20.41)1,706.735,041.65
Adjustments for increase/(decrease) in operating liabilities:Trade Payables	(844.01)	(2,204.99)
Other Non Current LiabilitiesProvisions (Non-current)	(3.11)-	«5.43
Provisions (Current)Other Current Financial LiabilitiesOther Current Liabilities	62.15(1,931.20)(138.67)	1.07914.96704.52
Cash Generated from Operations	(948.30)	8,636.55
Net Income Tax paid (including interest paid there on)Net Cash Flow From Operating Activities (A)	(948.30)	8,636.55
II, Cash Flow From Investing Activities
Capital Expenditure on Property, Plant and EquipmentProceeds from Sale of Property, Plant and Equipment	(47.00)	(28.83)=
Investment made during the yearMovement in Loans given to Related Parties (Net)Movement in Loans given to Non Related Parties (Net)	=*	--:
Bank balances not considered as Cash and cash equivalentsInterest ReceivedContingent Consideration Paid during the year	-	':
Net Cash Flow Used in Investing Activities (B)	(47.00)	(28.83)
III. Cash Flow From Financing ActivitiesBorrowings taken during the year	1,609.97	(777,29)
Borrowings repaid during the yearFinance Costs	z(552.60)	7(1,302.65)
Net Cash Flow From Financing Activities (C)Effect of foreign currency translation adjustment (D)	1,057.37	(2,079.94)(6,549.79)
Net (Decrease) in Cash and Cash Equivalents	(183.99)121,92	22.01
(A) + (B) + (C) + (D)Cash and cash equivalents at the beginning of the period	,793.44	,815.45
and cash equivalents at the end of the periodCash		793.44
Place ; Chennai

8K MILES reports second quarter FY 21 results

• Revenue at Rs 89 Crores. O
• Recurring Revenue of Rs 30.2 Crores, 34% of Revenue O
• Gross Profit Margin at 36.5% O
• o EBITDA margins at 14.2%

Suresh Venkatachari, Chairman & CEO of 8K Miles Software Services Ltd. stated "I am pleased with our performance in this quarter in spite of uncertain times due to the pandemic; our recurring revenue is at a healthy 34% in Q2 FY 21. In just a few months, COVID-19 has tremendously accelerated Cloud adoption, Digital and IT trends across enterprises. McKinsey, in its recent Great Acceleration article has identified 6 trends which are likely to shape the future of healthcare post COVID including Cloud, Al, Next Gen Managed Care, Integrated Care Delivery and Reforms.

EBITDA margins at 14.2%o
Chennai, 06"" November, 2020 - 8K Miles Software Services Limited, a leading Global IT BusinessTransformation, Secure Cloud Solutions and NextGen Managed Service Provider, announced itsconsolidated unaudited financial results for the second quarter ended 30' September, 2020 asapproved by its board of directors.
Suresh Venkatachari, Chairman & CEO of 8K Miles Software Services Ltd. stated "I am pleasedour performancepandemic; ourin this quarter in spite of uncertain times due to thewithCOVID-19revenue34%months,healthyQ2fewrecurringhasFY21.justatinInisaatremendously accelerated Cloud adoption, Digital and IT trends across enterprises. McKinsey, inits recent Great Acceleration article has identified 6 trends which are likely to shape the futureof healthcare post COVID including Cloud, Al, Next Gen Managed Care, Integrated Care Deliveryand Reforms.
We areworking with AWS, Google Cloud and Microsoft Azure with their healthcare and lifesciences teams in bringing next generation cloud and data solutions including CloudEz and DataEzto the healthcare market to align with the above trends post COVID-19."
We started trading on both NSE and BSE from 7th September 2020 endorsing our commitmentto transperancy, compliance and corporate governance.
	CONSOLIDATED FINANCIAL HIGHLIGHTS
ead Celta	Q2 FY21	Qi FY21	QoQ Growth
Revenue	Rs 89 Cr	Rs 88 Cr	1.1%
Gross Profit	Rs 32.5 Cr	Rs. 26.4 Cr	23.1%
Gross Profit %	36.5%	30.0%	6.5%
EBITDA	12.6 Cr	3.9 Cr	223.5%
EBITDA %4.4%9.8%14.2%

#5, Cenotaph Road, Il Floor, Srinivas Towers, Teynampet, Chennai 600 O18 V)4+91 44 66029000 —4+91 4443000049 *contactus@skmilessottwareservices.com CIN No. LFZIOO0OTNISS8SEPLEOV'O18 52 wt Wy we -Gakmiles.com

BUSINESS HIGHLIGHTS

CONTINUED TO GROW BUSINESS IN PHARMA VERTICAL DESPITE COVID-19

• e Won DataEz platform opportunity to deploy the Enterprise Advanced Analytics Platform for a US based large pharma which is built on the CloudEz's infrastructure compliance framework
• e Established a new Cloud Center of Excellence in Chennai for a Large Pharma Client
• e Top Life Sciences Customer expanded Cloud DevOps for 24/7 Operations & Support
• e Won a major large US Pharma client for a DataEz project for Data pipeline management for 70,000+ users

SALES RECOVERY FROM JUNE IN HEALTHCARE VERTICAL SINCE COVID-19 DELAYED SEVERAL PROJECTS ACROSS US HOSPITAL CLIENTS

• e Won four new hospital customers for EMR implementation/optimization
• e Won a 24-month healthcare managed services deal with a well known hospital client
• e Won a major City Hospital customer from California for Phase 2 of EPIC Optimization
• e Won Advisory Services on Health Information Exchange and Clinical Data Sharing for a Washington-based Hospital Client
• e Acquired an Arizona-based Hospital as a new client for MEDITECH implementation
• e Extended MEDITECH projects across two major and long-time US hospital clients

CLOUD BUSINESS GROWTH FROM NON-HEALTHCARE VERTICALS

• e Assisted SaaS customer to attain SOC/HIPAA compliance certification
• e Expanded public cloud and secure data platform for an existing inflight entertainment client which also involved refactoring, reengineering and cloud transformation
• e Architect, design and build a secure cloud infrastructure for a large avionics client for deploying platform applications with application specific monitoring and enabling automated cloud platform security

ABOUT 8K MILES:

8K Miles Software Services is a leading Global IT Business Transformation, Secure Cloud Solutions and Managed Services Provider company based in the San Francisco Bay area and a publicly traded company listed on Indian Stock Exchanges (NSE and BSE). We support healthcare providers and payors, hospitals, Pharma/Life Sciences organizations, Manufacturing and Automotive companies to improve business outcomes by providing digital transformation on the cloud, security and compliance, data enlightenment, empowering business agility, and accelerating the value of their IT investments.

#5, Cenotaph Road, Il Floor, Srinivas Towers, Teynampet, Chennai - 600 0718 (+81 44 66028000 +91 4443000049 #contactus@skmilessottwareservices.com CIN No. LFZSZ00TNISOSPLO101852 WWww.@8kmilas.cam